Commercial Airport Lighting Market Driven by Increasing Passenger Growth Rate and Focus on Passenger Safety

FORT WORTH, Texas, June 4, 2014 /PRNewswire/ --

The commercial airport lighting market is segmented and sub-segmented on the basis of airport application areas, technology and region. The market is broadly segmented into 3 segments, namely, landside, terminal and airside. It considers segmentation of the market by technology namely, LED (Light Emitting Diode), Incandescent and Fluorescent. These technologies are further divided by the application areas.

Get more details on "Airport Lighting System Market" at http://www.micromarketmonitor.com/market-report/airport-lighting-system-reports-8012033900.html

The Asia-Pacific commercial airport lighting market under commercial aviation was estimated at $128.1 million in 2013, and is expected to reach $177.2 million by 2018. Asia-Pacific is expected to be the fastest-growing region in the commercial airport lighting market, at a CAGR of 6.70%. Major challenges in this industry are energy efficiency of lighting systems, quality of equipment, and stringent lighting policies. The driving factors in this market are an increase in the demand for safety of passengers and the increasing passenger growth rate.

Browse through the market data tables, figures and detailed ToC on the "Asia Pacific Airport Lighting System Market".

http://www.micromarketmonitor.com/market/asia-pacific-airport-lighting-system-1302195416.html

Related reports 

Middle East Airport Lighting System Market 

The Middle East commercial airport lighting market under commercial aviation was estimated at $522.2 million in 2013, and is expected to reach $669.7 million by 2018. Asia-Pacific is expected to be the fastest-growing region in the commercial airport lighting market, at a CAGR of 5.10%. Major challenges in this industry are energy efficiency of lighting systems, quality of equipment, and stringent lighting policies. The driving factors in this market are an increase in the demand for safety of passengers and the increasing passenger growth rate.

http://www.micromarketmonitor.com/market/middle-east-airport-lighting-system-3049495086.html

European Airport Lighting System Market 

The European commercial airport lighting market under commercial aviation was estimated at $143.6 million in 2013, and is expected to reach $170.5 million by 2018. This market in Asia-Pacific is expected to grow at a CAGR of 3.50%. Major challenges in this industry are energy efficiency of lighting systems, quality of equipment, and stringent lighting policies. The driving factors in this market are an increase in the demand for safety of passengers and the increasing passenger growth rate.

http://www.micromarketmonitor.com/market/europe-airport-lighting-system-8593990728.html

Latin American Airport Lighting System Market 

The Latin American commercial airport lighting market under commercial aviation was estimated at $65.9 million in 2013, and is expected to reach $96.1 million by 2018. The market in Latin America is expected to grow at a CAGR of 6.49%. Major challenges in this industry are energy efficiency of lighting systems, quality of equipment, and stringent lighting policies. The driving factors in this market are an increase in the demand for safety of passengers and the increasing passenger growth rate.

http://www.micromarketmonitor.com/market/latin-america-airport-lighting-system-6701067003.html

North American Airport Lighting System Market 

The North American commercial airport lighting market under commercial aviation was estimated at $62.9 million in 2013, and is expected to reach $71.7 million by 2018. The North American market is expected to grow at a CAGR of 2.21%. Major challenges in this industry are energy efficiency of lighting systems, quality of equipment, and stringent lighting policies. The driving factors in this market are an increase in the demand for safety of passengers, and the increasing passenger growth rate.

http://www.micromarketmonitor.com/market/north-america-airport-lighting-system-6924333109.html

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SOURCE MicroMarketMonitor