Airport Lighting Market Size, Share, Trend, Forecast, & Growth Analysis- 2023-2028.
Matt Easterlin03 Jul, 2023Business
The airport lighting market was estimated at USD 555.71 million in 2022 and is likely to grow at a CAGR of 7.3% during 2023-2028 to reach USD 852.45 million in 2028. The major factors driving the growth of the airport lighting market are- Increasing government investment in airport infrastructure driven by increasing passenger traffic and rising disposable income, A high focus on energy-efficient lighting systems, Lower operational and maintenance costs. The commercial airport is expected to remain a growth engine of the airport lighting market during the forecast period.
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