Europe Airport Lighting System Market Expected to Reach US $170.50 Million by 2018

Airport lighting is an important safety feature which is necessary at every airport to facilitate night flying. 

The European commercial airport lighting market was estimated at US $143.60 million in 2013, and is expected to reach US $170.50 million by 2018 at a CAGR of 3.50 percent. This report provides an in-depth analysis of the Europe commercial airport lighting market till 2018. It also provides an insight into the regional trends to analyze the market share.

Browse through the TOC of the Europe commercial airport lighting market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentation in the market, and is supported by various tables and figures.

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

The market is segmented and sub-segmented on the basis of airport application areas, technology, and region. It is broadly segmented into three segments: landside, terminal, and airside. By technology, it is segmented into LED (Light Emitting Diode), incandescent, and fluorescent. These technologies are further divided by application areas.

The growth in passenger traffic and the steadily growing economies in the region are the major driving factors for airports in this region to consider expansion of their current capacities. The need for energy-efficient lighting systems is driving the airport lighting market in Europe. Technological advancement in the airport lighting market will increase the energy efficiency and add to the safety factor at airports.

The airport lighting system market in Europe is driven by the need for investments in development, expansion, and improvement of facilities, as well as the need for increased performance on investment, maintenance, operations, and management. The market is restrained by economic crises, middlemen issues, poor funding from public airport authorities, and incongruity between airport authorities and owners.

This report also includes the market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in this market.

Get a copy of PDF Brochure @ http://www.micromarketmonitor.com/contact/8593990728-download_pdf_brochure.html.

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