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Obstruct Lighting Market Size and Growth 2021-2028 | Top Vendors – Carmanah Technologies, Hughey & Phillips, Dialight, Avlite, Flash Technology, Orga Aviation, Obelux, TWR Lighting – KSU
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Incandescent Obstruct Lighting Market Size and Growth 2021-2028 | Top Vendors – Carmanah Technologies, Hughey & Phillips, Dialight, TWR Lighting, International Tower Lighting, Flash Technology, Copper Industries, Unimar – KSU
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Airfield Ground Lighting Market 2021 Applications and SWOT Analysis to 2027
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NEW YORK, April 21, 2021 /PRNewswire/ The global market for airfield ground lighting grew at a promising CAGR of little over 6% until 2020. A study by consulting firm Fact.MR projects the market to grow threefold at an impressive pace of 11% CAGR through 2031. Investments in the expansion of airport infrastructure, rising military expenditure, and rising airport construction projects are primary factors driving the demand of airfield ground lighting.
According to the study, key players are using advanced technologies such as Artificial Intelligence-based airfield ground lighting to improve their future prospects. They also are incorporating the Internet of Thinking (IoT) enabled features in airfield lights that can be grounded on runaways. These technological advancements are propelling the market growth at a robust pace.