Market Research Report
Airport Smart Lighting
|Published by||Global Industry Analysts, Inc.||Product code||957440|
|Published||Content info||130 Pages
Delivery time: 1-2 business days
|Airport Smart Lighting|
|Published: April 1, 2021||Content info: 130 Pages||
Global Airport Smart Lighting Market to Reach $1.4 Billion by 2027
Amid the COVID-19 crisis, the global market for Airport Smart Lighting estimated at US$918.1 Million in the year 2020, is projected to reach a revised size of US$1.4 Billion by 2027, growing at aCAGR of 5.7% over the period 2020-2027. Airside, one of the segments analyzed in the report, is projected to record 6.1% CAGR and reach US$981.6 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Airport Terminal & Landside segment is readjusted to a revised 4.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $270.8 Million, While China is Forecast to Grow at 5.3% CAGR
The Airport Smart Lighting market in the U.S. is estimated at US$270.8 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$238 Million by the year 2027 trailing a CAGR of 5.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.5% and 4.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.
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