Airport Smart Lighting Market By Product, Technology, Application,
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Posted On: 11/13/2017 2:12:34 AM
Airport Smart Lighting Market revenue is led by North America with presence of significant number of airfields. Increasing security concerns along with necessity to track passenger movement in the terminal has enhanced industry growth.
Rising demand for advanced airfield ground lighting to enhance air traffic control system will propel airport smart lighting market size. Faster threat detection and quick response at high risk areas including airport apron, luggage handling, maintenance hangars & tunnels will support product demand.
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Growth in global air transportation along with advanced transportation services will support airport smart lighting market growth. In 2016, commercial aircrafts carried over 3.5 billion passengers, generating revenue more than USD 500 billion. Improved living standards along with changing income trends enhanced the air transport fleets.
Necessity for advanced luminaire system to assist safe landing at night has enhanced the industry demand. Improved luminaire at runway edge, runway end, threshold area and touchdown zones will support business growth. Technological advancement including ultrasonic motion sensors, LEDs and control systems are the major supporting factors of product penetration.
High costs associated with electronics and technologies are major factors affecting airport smart lighting price trend. Expensive replacement & maintenance costs along with complicated electronic systems are key restraining factors of industry growth. High initial investment due to presence of modern technology & equipment may hamper business growth.
Asia Pacific will witness substantial growth in the forecast period due to increasing air travel frequencies. For instance, India air transport fleet surpassed 70 million passengers in 2016. Rapid infrastructure development particularly in China and India coupled with growing aviation industry will propel the airport smart lighting market size.
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Europe airport smart lighting market is anticipated to witness notable gains. Growth in tourism industry enhancing travelling frequencies are major factors positively influencing industry growth. Increasing government spending on infrastructure development accompanied by presence of large number of component suppliers will propel product demand.
Global airport smart lighting market share is moderately consolidated due to presence of few companies. Honeywell International, Schréder Group, Koninklijke Philips, HELLA, and Carmanah Technologies are the major industry players. Heavy R&D investment, product portfolio expansion, supply agreements, collaborations and product innovations are key strategies observed among industry participants.
Technology upgradation is the major focus among manufacturers as the industry is based on technological evolution. Other notable players include ATG Airports, C2 SmartLight, Eaton, Sensity Systems and OSRAM.
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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Rising demand for advanced airfield ground lighting to enhance air traffic control system will propel airport smart lighting market size. Faster threat detection and quick response at high risk areas including airport apron, luggage handling, maintenance hangars & tunnels will support product demand.
Request Detailed Table of Contents of this Report @ https://www.gminsights.com/request-sample/detail/2156
Growth in global air transportation along with advanced transportation services will support airport smart lighting market growth. In 2016, commercial aircrafts carried over 3.5 billion passengers, generating revenue more than USD 500 billion. Improved living standards along with changing income trends enhanced the air transport fleets.
Necessity for advanced luminaire system to assist safe landing at night has enhanced the industry demand. Improved luminaire at runway edge, runway end, threshold area and touchdown zones will support business growth. Technological advancement including ultrasonic motion sensors, LEDs and control systems are the major supporting factors of product penetration.
High costs associated with electronics and technologies are major factors affecting airport smart lighting price trend. Expensive replacement & maintenance costs along with complicated electronic systems are key restraining factors of industry growth. High initial investment due to presence of modern technology & equipment may hamper business growth.
Asia Pacific will witness substantial growth in the forecast period due to increasing air travel frequencies. For instance, India air transport fleet surpassed 70 million passengers in 2016. Rapid infrastructure development particularly in China and India coupled with growing aviation industry will propel the airport smart lighting market size.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2156
Europe airport smart lighting market is anticipated to witness notable gains. Growth in tourism industry enhancing travelling frequencies are major factors positively influencing industry growth. Increasing government spending on infrastructure development accompanied by presence of large number of component suppliers will propel product demand.
Global airport smart lighting market share is moderately consolidated due to presence of few companies. Honeywell International, Schréder Group, Koninklijke Philips, HELLA, and Carmanah Technologies are the major industry players. Heavy R&D investment, product portfolio expansion, supply agreements, collaborations and product innovations are key strategies observed among industry participants.
Technology upgradation is the major focus among manufacturers as the industry is based on technological evolution. Other notable players include ATG Airports, C2 SmartLight, Eaton, Sensity Systems and OSRAM.
Pre-book This Upcoming Report @ https://www.gminsights.com/securecheckout/pay...ycod=sugmp
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
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