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The Commercial Airport Lighting Market is projected to grow by USD 140.9 Million from 2024-2028, with AI driving transformation and rising air traffic boosting growth – Technavio

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NEW YORK, Sept. 25, 2024 /PRNewswire/ — Report with the AI impact on market trends – The Global Commercial Airport Lighting Market size is estimated to grow by USD 140.9 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 3.68%  during the forecast period. Growth in air traffic is driving market growth, with a trend towards shift from using conventional incandescent lights to LED and solar-powered LEDs  However, increasing competition  poses a challenge – Key market players include Abacus Lighting Ltd., ADB Safegate BV, Airport Lighting Specialists, Amglo Kemlite Laboratories Inc., Astronics Corp., Atg airports Ltd., Carmanah Technologies Corp., Eaton Corp. Plc, Halliday Lighting Ltd., Honeywell International Inc., OCEM Airfield technology, OSRAM Licht AG, Sealite Pty Ltd., Siemens AG, Signify NV, SPX Technologies Inc., TKH Group NV, Tungsram Operations Kft, Velocity Airport Solutions, and Vosla GmbH.

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report

Commercial Airport Lighting Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 3.68%

Market growth 2024-2028

USD 140.9 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

3.5

Regional analysis

APAC, Middle East and Africa, Europe, North America, and South America

Performing market contribution

APAC at 47%

Key countries

China, US, Japan, Germany, and India

Key companies profiled

Abacus Lighting Ltd., ADB Safegate BV, Airport Lighting Specialists, Amglo Kemlite Laboratories Inc., Astronics Corp., Atg airports Ltd., Carmanah Technologies Corp., Eaton Corp. Plc, Halliday Lighting Ltd., Honeywell International Inc., OCEM Airfield technology, OSRAM Licht AG, Sealite Pty Ltd., Siemens AG, Signify NV, SPX Technologies Inc., TKH Group NV, Tungsram Operations Kft, Velocity Airport Solutions, and Vosla GmbH

Market Driver

LED lighting is a cost-effective and energy-efficient solution for commercial airport lighting. Compared to traditional halogen, fluorescent, and incandescent lights, LED lights use approximately 50% less electricity and can last up to 30,000-50,000 hours or more. LED lights provide instant 100% brightness and do not emit infrared radiation or ultraviolet radiation. Solar LED lighting, which converts sunlight into electrical energy, is an eco-friendly alternative. Airports are transitioning from conventional lighting systems due to LED lights’ extended lifespan, low maintenance, and environmental benefits. Solar LED lighting offers better visibility, improved light output, and is free of hazardous materials like mercury. This shift towards LED and solar LED lighting is expected to save airports substantial electricity costs and drive market growth.

The Commercial Airport Lighting Market is experiencing significant growth due to increasing passenger traffic and the modernization of airport infrastructure. Airport operators are focusing on innovative lighting systems, such as solar power LEDs, to reduce energy consumption and carbon emissions. Existing airports are under pressure to expand and reach full capacity, leading to a decline in the use of conventional incandescent lights and an emphasis on LED lighting for both terminal buildings and airfield lighting. New airports and construction projects are also adopting LED-based airfield lighting and wireless power concepts. Preventive maintenance is a priority to ensure airport connectivity and maintain a healthy rate of growth. The aviation industry’s expanding capacity, especially in large and civil airports, is driving the market’s accelerating growth. Small airports are also experiencing rapid growth, and subsidies may be necessary to meet the increasing demand for civil aviation capacity. Ground traffic and aircraft infrastructure are also key considerations in airport lighting strategies. 

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Market Challenges

The commercial airport lighting market is experiencing heightened competition due to the entry of new players and technological advancements. Established companies face pricing pressures and shifting market dynamics, necessitating continuous innovation and improvement to maintain market share. Investment in research and development is crucial to stay competitive and meet evolving customer demands. Operational efficiency and cost reduction are also essential for success. Failure to address these challenges may result in decreased profitability and market dominance. Consequently, vendors must continually enhance their offerings to stay ahead of the competition. This competitive landscape is anticipated to present a significant challenge for the commercial airport lighting market during the forecast period.The Commercial Airport Lighting Market is experiencing growth due to increasing passenger traffic and the emphasis on expanding existing airports and constructing new ones. However, challenges such as the decline of conventional incandescent lights and the need for energy-efficient LED-based airfield lighting, wireless power concepts, and preventive maintenance are putting pressure on the aviation strategy. Existing airports are reaching full capacity, requiring funds for construction and connectivity. The rapid growth of small airports and the surge of energy consumption in Airside lighting call for a focus on energy-efficient solutions like energy-efficient LED lighting. The installation and maintenance of these systems present challenges, but built-in intelligence, retrieval of data, and performance prediction can help streamline airport operations. The market is accelerating with a healthy rate, with large civil airports and civil aviation capacity at the forefront. Subsidy standards and ground traffic are also factors to consider in this expanding market.

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Segment Overview 

This commercial airport lighting market report extensively covers market segmentation by  

Product Type1.1 LED lighting1.2 Non-LED lightingApplication 2.1 Landside2.2 Airside2.3 Terminal sideGeography 3.1 APAC3.2 Middle East and Africa3.3 Europe3.4 North America3.5 South America

1.1 LED lighting-  The global commercial airport lighting market is witnessing significant growth, with LED lighting being the largest segment in 2023. This trend is projected to continue, as LED technology’s energy efficiency is driving the transition from traditional lighting. LED lights offer numerous benefits, including longer lifespan, lower energy consumption, and reduced maintenance requirements. At airports, LED lighting is used extensively for runways, taxiways, aprons, terminals, and parking lots. The energy savings and safety advantages of LED lights make them an attractive choice for airport operators. With a lifespan of over 50,000 hours and 90% less power consumption compared to incandescent bulbs, LED lighting is a cost-effective and reliable solution for airport lighting needs.

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Research Analysis

The Commercial Airport Lighting Market is experiencing significant growth due to increasing passenger traffic and the modernization of airport infrastructure. Airport operators are investing in advanced airport lighting systems to enhance safety, improve connectivity, and provide better passenger experience. Existing airports are under pressure to expand and reach full capacity, leading to the construction of new terminals and runways. Energy consumption is a major concern, with the shift from incandescent lights to solar power LEDs reducing energy consumption and maintenance costs. Preventive maintenance is essential to ensure the longevity of these systems. Revenues in the market are expected to decline in the short term due to the impact of the COVID-19 pandemic on air travel. However, the long-term outlook remains healthy, driven by aviation strategy and funds allocated for airport expansion projects.

Market Research Overview

The Commercial Airport Lighting Market is experiencing accelerating growth due to increasing passenger traffic and a focus on modernizing airport infrastructure. Airports are emphasizing the use of innovative lighting systems, such as LED lighting and LED-based airfield lighting, to reduce energy consumption and carbon emissions. Existing airport infrastructure is being upgraded with energy-efficient LED lighting for passenger service areas and airside lighting. Wireless and contactless power concepts are gaining popularity for installation and maintenance challenges. Preventive maintenance is crucial to ensure the longevity of these systems. The decline in conventional incandescent lights is a short-term trend, as funds for airport construction and expansion continue to be a pressure point for airport operators. New airports and civil airports are expanding to meet civil aviation capacity standards, while small airports experience rapid growth. The busiest airports are investing in advanced lighting systems to streamline airport operations and improve connectivity. The market is expected to continue its healthy rate of growth in the coming years.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Product TypeLED LightingNon-LED LightingApplicationLandsideAirsideTerminal SideGeographyAPACMiddle East And AfricaEuropeNorth AmericaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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FULTON FINANCIAL CORPORATION APPOINTS DAVID S. SCHULZ TO BOARD OF DIRECTORS

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July 21, 2026

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LANCASTER, Pa., July 21, 2026 /PRNewswire/ — Fulton Financial Corporation (NASDAQ: FULT) (“Fulton”) today announced the appointment of David S. Schulz as a member of its board of directors (the “Board”) for a term commencing September 14, 2026 and expiring at Fulton’s 2027 annual meeting of shareholders.

“We’re excited to welcome Dave to Fulton’s board of directors,” said Curt Myers, Fulton Chairman, CEO, and President. “Dave brings extensive financial leadership experience gained through more than a decade of service with publicly traded companies. His expertise in finance, strategic planning, risk, and mergers and acquisitions will provide valuable perspective as we continue to execute our growth strategy and create long-term value for our shareholders, customers and communities.”

With the addition of Schulz, Fulton’s Board will have 11 members, and he will serve on the Audit and Risk committees. Schulz has also been appointed to the board of directors of Fulton’s banking subsidiary, Fulton Bank, N.A.

Schulz served as Senior Vice President and Chief Financial Officer of Wesco International, Inc. (“Wesco”) from 2016 to June 2020, Executive Vice President and Chief Financial Officer of Wesco from June 2020 to February 2026 and as Executive Vice President and Special Advisor to the CEO of Wesco from February 2026 until his retirement on May 31, 2026. 

Prior to joining Wesco, Schulz served as Senior Vice President and Chief Operating Officer of Armstrong Flooring, Inc. and was previously Senior Vice President and Chief Financial Officer of Armstrong World Industries, Inc. and Vice President of Finance of the Armstrong Building Products division.

Before joining Armstrong World Industries in 2011, he held various financial leadership roles with Procter & Gamble and The J.M. Smucker Company. He was also an officer in the United States Marine Corps.

In 2025, Schulz joined the board of Sterling Infrastructure, Inc., and he was appointed as chair of the audit committee in 2026. He also serves on the company’s compensation and talent development committee.

ABOUT FULTON FINANCIAL CORPORATION

Fulton, a $34 billion Lancaster, Pa.-based financial holding company, has more than 3,400 employees and operates more than 215 financial centers in Pennsylvania, New Jersey, Maryland, Delaware and Virginia through Fulton Bank, N.A. Additional information on Fulton can be found at https://investor.fultonbank.com.

Contact: Steve Trapnell
717-291-2739

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SOURCE Fulton Financial Corporation

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Octavio Marquez Elected to MSA Safety Board of Directors

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49 minutes ago

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July 21, 2026

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PITTSBURGH, July 21, 2026 /PRNewswire/ — The Board of Directors of MSA Safety Inc. (NYSE: MSA), a global leader in the development of advanced industrial safety technology products and solutions, today announced that Octavio Marquez, president and chief executive officer of Diebold Nixdorf, has been elected to the company’s Board of Directors. His election was part of the MSA Board’s regular succession plans.

“We are very pleased to have the opportunity to add Octavio to the MSA Board,” said Robert A. Bruggeworth, MSA chairman. “He brings a broad range of executive leadership experience, including strategy development, capital allocation, business transformation and serving international markets, which will serve MSA well.”

“Octavio’s perspectives will be an asset to me and our entire Executive Leadership Team,” said Steven C. Blanco, MSA president and CEO. “It is a pleasure to welcome Octavio to MSA, and I look forward to working with him.”

Mr. Marquez joined Diebold Nixdorf in 2014 and has held senior leadership roles across the company’s Global Banking organization and its Americas region, including as executive vice president of Global Banking and senior vice president of the Americas. Before joining Diebold Nixdorf, Mr. Marquez held leadership positions at Dell EMC, Hewlett Packard Enterprise, IBM and NCR.

Diebold Nixdorf automates, digitizes and transforms the way people bank and shop. As a partner to the majority of the world’s top 100 financial institutions and top 25 global retailers, its integrated solutions connect digital and physical channels conveniently, securely and efficiently for millions of customers every day. Headquartered in North Canton, Ohio, Diebold Nixdorf employs approximately 20,000 employees globally, supporting more than 100 countries.

Mr. Marquez holds a degree in business and finance from Universidad Iberoamericana and has completed executive education programs at MIT Sloan, The Wharton School and The University of Texas at Austin.

About MSA Safety

MSA Safety Incorporated (NYSE: MSA) is the global leader in advanced industrial safety technology products and solutions. Driven by its singular mission of safety, the company has been at the forefront of safety innovation since 1914, protecting workers and facility infrastructure around the world across a broad range of diverse end markets while creating sustainable value for shareholders. With 2025 revenues of $1.9 billion, MSA Safety is headquartered in Cranberry Township, Pennsylvania, and employs a team of approximately 5,300 associates across its more than 40 international locations. For more information, please visit www.MSASafety.com.

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SOURCE MSA Safety

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BlueFolder Field Service Software Launches New AI-Powered Features to Transform How Teams Work

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49 minutes ago

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July 21, 2026

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New AI capabilities instantly surface customer insights and transform technician notes into actionable summaries to help field service teams work faster, stay aligned, and deliver better service

AUBURN, Ala., July 21, 2026 /PRNewswire/ — BlueFolder field service software recently announced the launch of two powerful new AI features: AI-Powered Customer Summaries and AI-Powered Field Notes Summarization. Together, these capabilities are designed to eliminate the time-consuming, manual work of reviewing fragmented customer records and lengthy technician notes—giving field service teams instant clarity to respond faster, make smarter decisions, and deliver exceptional service.

BlueFolder expands it’s field service and work order management suite with two exciting new AI field service features.

Built directly into the BlueFolder platform, both features leverage artificial intelligence to automatically compile and summarize complex, unstructured data into clear, easy-to-read overviews. The result: technicians, dispatchers, and managers always have the context they need, right when they need it.

AI-Powered Customer Summaries

As field service organizations grow, customer information becomes increasingly scattered across emails, service request logs, and communication histories. BlueFolder’s AI Customer Summary feature addresses this challenge head-on by consolidating those interactions into a single, actionable snapshot.

Instead of manually digging through multiple records before a service call or customer interaction, teams can now access a real-time summary highlighting key concerns, past service activity, and recent updates. The feature goes beyond basic summarization and surfaces critical business insights such as equipment past due for maintenance, approaching warranty expirations, and proactive revenue opportunities, empowering teams to recommend follow-ups or upgrades directly from the customer record.

Built-in traceability links each summary back to its original source communications, so users can validate insights with confidence, ensuring both speed and accuracy in every customer interaction.

AI-Powered Field Notes Summarization

In many service organizations, technicians log updates across multiple visits, often resulting in long, fragmented notes that are difficult to review at a glance. BlueFolder’s AI Field Notes Summarization feature solves this by automatically condensing multiple technician entries into a structured summary that highlights key milestones, actions taken, and next steps.

Rather than scrolling through pages of updates, managers and dispatchers can immediately understand job status and determine what needs to happen next, improving alignment between field and office teams, accelerating decision-making, and reducing miscommunication. The feature is especially valuable for complex or multi-day jobs, where clear continuity and smooth technician handoffs are critical to delivering consistent service. It’s another featuring making BlueFolder’s work order management software capabilities stronger every day.

“History is one of the most powerful tools a service team has — the problem is it’s usually buried. BlueFolder’s new AI features fix that. Your team walks into every interaction already knowing the customer, knowing the equipment, and exactly where things stand. That changes the entire experience,” says John Shaw, VP, Technology, Service Operations.

AI as a Core Part of the BlueFolder Platform

The launch of these two features reflects BlueFolder’s broader commitment to embedding AI throughout its field service management software as an integrated layer of intelligence that makes every workflow smarter. Rather than requiring teams to change how they work, BlueFolder’s AI capabilities are designed to surface the right information at the right moment automatically, within the tools that technicians, dispatchers, and managers already use every day.

“AI is transforming what’s possible in field service, and BlueFolder is answering that call. These features are the result of deep platform expertise and a clear vision for where the industry is headed. We’re embedding intelligence throughout the platform because we know it makes our customers more competitive, more efficient, and better positioned to grow,” says Stephen Myslicki, Group President of Field Services.

Availability

Both AI-Powered Customer Summaries and AI-Powered Field Notes Summarization are available now to BlueFolder customers as optional, easy-to-enable features within the platform. They are part of BlueFolder’s growing suite of AI-driven capabilities designed to help field service organizations operate more efficiently and scale with confidence.

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SOURCE BlueFolder

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