Global Airfield Ground Lighting (AGL) Systems Market is valued at approximately at USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Airfield ground lighting (AGL) is built to assist pilots during takeoff or landing. The airfield ground lighting system (AGL) is suitable for individual lighting switching and monitoring. The technology also improves ground movement safety for airplanes in certain airfield locations. In addition, airport infrastructure costs are controlled by power-line-b systems that consistently communicate on various types of transformers via various monitored regulators. Factors such as growing focus on airfield maintenance and safety, the surge in the demand for air travel, upgradation of run-ways, and expansion and modernization of airports are the primary factors propelling the market growth across the globe.
In addition, the rising investment in airport infrastructure is playing a prominent role in bolstering the demand for airfield ground lighting systems during the estimated period. The International Air Transport Association (IATA) provides the lead on numerous initiatives related to the expansion of airports and airspace. The main objective is to improve airports, their infrastructure, airspace, and other areas' effectiveness, functioning, and safety. IATA projects spending between USD 1.2 trillion and USD 1.5 trillion on the construction of international airport infrastructure by the end of 2030. Moreover, rising investment in the development of advanced technology, as well as the growing emphasis on the adoption of sustainable solutions are presenting various lucrative opportunities over the forecast years. However, the higher installation costs are challenging the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Airfield Ground Lighting (AGL) Systems Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominates the regional market with largest market share, owing to the growing investment in technological advancements, as well as the increasing number of key market players across the region. Whereas, the Asia Pacific is expected to grow with the fastest growing CAGR during the forecast period, owing to factors such as the rising focus on airport infrastructure developments in the market space.
Major market players included in this report are:
- OCEM Airfield Technologies S.R.L. (Italy)
- Honeywell International Inc. (U.S.)
- Carmanah Technologies Corp (Canada)
- ATG airports limited (U.K.)
- Midstream Ltd (Hong Kong)
- Airfield Technology, Inc. (U.S.)
- Airsafe Airport Equipment Co. Ltd (China)
- Youyang Airport Lighting Equipment Inc. (China)
Recent Developments in the Market:
- In May 2021, Avlite introduced the AV-426, a revolutionary solar aviation light. It is equipped with monocrystalline solar panels that increase solar input and hence offers greater efficiency. It is a stable and durable light that is utilized for aviation lighting.
Global Airfield Ground Lighting (AGL) Systems Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Type, Technology, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Type:
- Taxiway lighting system
- Runway lighting system
By Technology:
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- RoLA
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Airfield Ground Lighting (AGL) Systems Market, by region, 2019-2029 (USD Billion)
- 1.2.2. Airfield Ground Lighting (AGL) Systems Market, by Type, 2019-2029 (USD Billion)
- 1.2.3. Airfield Ground Lighting (AGL) Systems Market, by Technology, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Airfield Ground Lighting (AGL) Systems Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Airfield Ground Lighting (AGL) Systems Market Dynamics
- 3.1. Airfield Ground Lighting (AGL) Systems Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising investment in airport infrastructure
- 3.1.1.2. Surge in demand for air travel
- 3.1.2. Market Challenges
- 3.1.2.1. Higher installation costs
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising investment in the development of advanced technology
- 3.1.3.2. Growing emphasis on the adoption of sustainable solutions
Chapter 4. Global Airfield Ground Lighting (AGL) Systems Market: Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Airfield Ground Lighting (AGL) Systems Market, by Type
- 6.1. Market Snapshot
- 6.2. Global Airfield Ground Lighting (AGL) Systems Market by Type, Performance - Potential Analysis
- 6.3. Global Airfield Ground Lighting (AGL) Systems Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
- 6.4. Airfield Ground Lighting (AGL) Systems Market, Sub Segment Analysis
- 6.4.1. Taxiway lighting system
- 6.4.2. Runway lighting system
Chapter 7. Global Airfield Ground Lighting (AGL) Systems Market, by Technology
- 7.1. Market Snapshot
- 7.2. Global Airfield Ground Lighting (AGL) Systems Market by Technology, Performance - Potential Analysis
- 7.3. Global Airfield Ground Lighting (AGL) Systems Market Estimates & Forecasts by Technology 2019-2029 (USD Billion)
- 7.4. Airfield Ground Lighting (AGL) Systems Market, Sub Segment Analysis
- 7.4.1. LED
- 7.4.2. Non-LED
Chapter 8. Global Airfield Ground Lighting (AGL) Systems Market, Regional Analysis
- 8.1. Airfield Ground Lighting (AGL) Systems Market, Regional Market Snapshot
- 8.2. North America Airfield Ground Lighting (AGL) Systems Market
- 8.2.1. U.S. Airfield Ground Lighting (AGL) Systems Market
- 8.2.1.1. Type breakdown estimates & forecasts, 2019-2029
- 8.2.1.2. Technology breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Airfield Ground Lighting (AGL) Systems Market
- 8.3. Europe Airfield Ground Lighting (AGL) Systems Market Snapshot
- 8.3.1. U.K. Airfield Ground Lighting (AGL) Systems Market
- 8.3.2. Germany Airfield Ground Lighting (AGL) Systems Market
- 8.3.3. France Airfield Ground Lighting (AGL) Systems Market
- 8.3.4. Spain Airfield Ground Lighting (AGL) Systems Market
- 8.3.5. Italy Airfield Ground Lighting (AGL) Systems Market
- 8.3.6. Rest of Europe Airfield Ground Lighting (AGL) Systems Market
- 8.4. Asia-Pacific Airfield Ground Lighting (AGL) Systems Market Snapshot
- 8.4.1. China Airfield Ground Lighting (AGL) Systems Market
- 8.4.2. India Airfield Ground Lighting (AGL) Systems Market
- 8.4.3. Japan Airfield Ground Lighting (AGL) Systems Market
- 8.4.4. Australia Airfield Ground Lighting (AGL) Systems Market
- 8.4.5. South Korea Airfield Ground Lighting (AGL) Systems Market
- 8.4.6. Rest of Asia Pacific Airfield Ground Lighting (AGL) Systems Market
- 8.5. Latin America Airfield Ground Lighting (AGL) Systems Market Snapshot
- 8.5.1. Brazil Airfield Ground Lighting (AGL) Systems Market
- 8.5.2. Mexico Airfield Ground Lighting (AGL) Systems Market
- 8.5.3. Rest of Latin America Airfield Ground Lighting (AGL) Systems Market
- 8.6. Rest of The World Airfield Ground Lighting (AGL) Systems Market
Chapter 9. Competitive Intelligence
- 9.1. Top Market Strategies
- 9.2. Company Profiles
- 9.2.1. OCEM Airfield Technologies S.R.L. (Italy)
- 9.2.1.1. Key Information
- 9.2.1.2. Overview
- 9.2.1.3. Financial (Subject to Data Availability)
- 9.2.1.4. Product Summary
- 9.2.1.5. Recent Developments
- 9.2.2. Honeywell International Inc. (U.S.)
- 9.2.3. Vosla GmbH (Germany)
- 9.2.4. Carmanah Technologies Corp (Canada)
- 9.2.5. ATG airports limited (U.K.)
- 9.2.6. RNC Avionics Ltd. (U.K.)
- 9.2.7. Midstream Ltd (Hong Kong)
- 9.2.8. Airfield Technology, Inc. (U.S.)
- 9.2.9. Airsafe Airport Equipment Co. Ltd (China)
- 9.2.10. Youyang Airport Lighting Equipment Inc . (China)
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption