What Is The Overview Of The Global Airport Smart Lighting Market?
Airport smart lighting refers to an intelligent lighting system implemented at airport buildings that uses advanced technology, including sensors, wireless connections, and automation, to improve lighting efficiency, performance, and sustainability. These systems dynamically adjust the brightness, color, and direction of light to improve visibility, reduce energy consumption, and minimize operational costs.
Airport Smart Lighting Global Market Report 2024 provides data on the global airport smart lighting market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The airport smart lighting market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
How Is The Global Airport Smart Lighting Market Expected To Grow In Size And Annual Rates?
The airport smart lighting market has shown strong growth, expanding from $1.02 billion in 2023 to $1.12 billion in 2024 at a CAGR of 9.6%. Historical growth has been driven by energy efficiency regulations, cost savings, enhanced safety and security, and data-driven insights. Looking ahead, the market is expected to grow to $1.62 billion by 2028 at a CAGR of 9.8%. This growth will be supported by demand for energy efficiency, passenger experience improvements, regulatory compliance, and smart airport initiatives. Major trends include the adoption of LED lighting, IoT and sensor integration, sustainability-focused solutions, remote management, and analytics-driven decision-making.
What Main Forces Are Fueling Expansion In The Airport Smart Lighting Market?
The growing demand for air travel is set to drive the growth of the airport smart lighting market. Air travel refers to the transportation of passengers and cargo by aircraft, and demand for it is increasing due to more affordable and accessible flights, technological advancements, airline competition, and the growth of low-cost carriers. Airport smart lighting systems enhance safety, visibility, and energy efficiency by adjusting based on passenger flow, weather conditions, and time of day. For example, Eurostat reported in November 2023 that air travel in the European Union saw a significant increase in 2022, with 820 million passengers, marking a 119.3% rise compared to the previous year. This increasing demand for air travel is driving the airport smart lighting market.
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What Are The Primary Segments In The Global Airport Smart Lighting Market?
The airport smart lighting market covered in this report is segmented –
1) By Type: Runway Lightings, Taxiway Lightings, Visual Glide Scope Indicator, Other Types
2) By Offering: Hardware, Services, Software
3) By Light Source: Fluorescent Lighting, Halogen Lighting, Incandescent Lighting, Light Emitting Diode (LED) Lighting
4) By Application: Airside, Airport Terminal, Airport Landside, Other Applications
Which Key Trends Are Driving Changes In The Airport Smart Lighting Market?
To stay ahead in the airport smart lighting market, companies are focusing on developing advanced solutions, such as sensor-based lighting. This technology uses sensors to monitor changes in the environment or occupancy, automatically adjusting lighting levels to enhance the passenger experience. For example, in May 2022, ADB Safegate BVBA, a Belgium-based airport lighting company, introduced AXON EQ LED lights. These lights include sensors that provide valuable data to airport operators, helping to detect maintenance needs and optimize operations. The lights also reduce energy consumption and improve safety at airports.
What Is The Leading Region In The Airport Smart Lighting Market?
North America was the largest region in the airport smart lighting market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airport smart lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
