Global Commercial Airport Lighting Systems Market Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com
May. 14, 2018
DUBLIN--(BUSINESS WIRE)--May 14, 2018--The "Global Commercial Airport Lighting Systems Market - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The general aviation segment of the European aviation market is expected to register a CAGR of 0.71% during 2018-2023.
The European aviation market is expected to grow within the next 20 years, with airlines anticipated to procure more than 7,500 new airplanes valued at over USD 1.1 trillion. Single-aisle airplanes are expected to account for the majority of deliveries, representing a 78% share of total deliveries. Although European aviation growth is slower than aviation growth in emerging economies, the region's large installed base of more than 4,800 airplanes supports substantial demand for replacement airplanes.
Over 140,000 general aviation aircrafts are based in Europe. The European general aviation fleet can access over 4,200 airports across Europe. The sector is witnessing tremendous growth, due to the rising interest among general public and increasing number of millionaires.
In Europe, the member states of EU reached an agreement with the European Commission in 2016 to approve a regulatory framework that will allow Commercial Air Transport (CAT) operations to use Single-Engine Turbine airplanes at night or in Instrument Meteorological Conditions (SET-IMC). The rule enables passenger, medical service, and cargo operations to enter into new markets that previously were not possible to serve reliably. The regulation is already on track since 2017.
Companies MentionedATG Airports Abacus Lighting TKH airport solutions Phillips Vosla GmbH Carmanah,Cooper Crouse-Hinds Avlite Systems Adb Safegate ABB Siemens AG Youyang Airport Lighting Equipment Inc.
Key Topics Covered:
2. Research Methodology
3. Market Insights
5. commercial airport lighting systems market, segmented by usage
6. commercial airport lighting systems marjet, segmented by application
7. commercial airport lighting systems marjet, segmented by geography
8. Competitive Landscape
9. Company Profiles
10. Future Outook of the market
For more information about this report visit https://www.researchandmarkets.com/research/5zqqxh/global_commercial?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180514005554/en/
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Airports and Air Traffic Control
INDUSTRY KEYWORD: TRANSPORT AIR MANUFACTURING OTHER MANUFACTURING
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 05/14/2018 07:06 AM/DISC: 05/14/2018 07:06 AM