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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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Luxor Expands LuxOS to MicroBT WhatsMiner, and MicroBT Intends for a Strategic Investment

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SEATTLE, April 26, 2026 /PRNewswire/ — Today, Luxor Technology Corporation (“Luxor”) announces the expansion of LuxOS firmware support to MicroBT WhatsMiner series miners, growing the LuxOS ecosystem. In addition, MicroBT, via its investment manager Inflection Technology Limited (“ITL”), has signed a term sheet to make a strategic investment into Luxor. Luxor has also committed to a US$100,000,000 purchase of MicroBT WhatsMiner hardware.

Luxor is working directly with a select group of mining partners to deploy and expand model support over time. With more than 300,000 Bitcoin mining machines already running LuxOS globally, Luxor brings to the WhatsMiner ecosystem the same enterprise-grade firmware infrastructure that large-scale mining operators rely on. MicroBT hardware represents a significant share of global Bitcoin mining capacity, and with this expansion, those operators now have access to flexible firmware features.

WhatsMiner fleets running LuxOS gain access to Power Targeting, Advanced Thermal Management, safe rapid curtailment, and faster ramp-up time — unlocking new capabilities beyond stock settings. Power Targeting delivers consistent, predictable performance across individual machines and makes infrastructure planning easier at scale. When shifting power targets, LuxOS completes the transition in 30-60 seconds while continuing to hash at higher hashrates — capturing additional hashrate. LuxOS also improves ramp-up time across curtailment events, reaching full capacity faster and reducing the unharvested hashrate lost every time machines cycle. Initial support spans select models in the M50 series. For the full list of supported models, visit docs.luxor.tech.

“We are excited to build on the MicroBT WhatsMiner platform. We are consistently impressed by their ability to execute with high-quality machines. Our clients have been asking for WhatsMiner firmware for years, and we have shipped a product that is going to help deliver significant profitability and usability benefits. We are also excited to welcome MicroBT as a strategic investor.”

— Lauren Lin, Head of Hardware and Software of Luxor

“Luxor has continued to be one of MicroBT’s trusted global partners. With their talented engineering team, we are excited they are building on top of the Whatsminer platform. We are happy to be taking a strategic position in Luxor and supporting their continued growth through this hardware partnership.”

— Dr.Yang, CEO and Co-Founder of MicroBT

Operators running LuxOS have access to Luxor’s full-stack mining experience: pool, hashrate derivatives, energy services, and Luxor Commander for fleet management — unified under a single platform. Commander includes Intelligent Miner, which keeps fleets running at peak profitability by continuously adjusting power settings based on real-time hashprice and energy prices.

Luxor is rolling out LuxOS for WhatsMiner in a phased approach, onboarding operations directly to ensure a high-quality deployment experience. Mining operations running WhatsMiner hardware can express interest in access at luxor.tech/contact.

About Luxor Technology Corporation

Luxor delivers hardware, software, and financial services that power the global compute and energy industry. Its product suite spans Bitcoin Mining Pools, ASIC Firmware, Hardware trading, Hashrate Derivatives, Energy services, a Miner Management software, Commander, and a bitcoin mining data platform, Hashrate Index.

If you are interested in contacting Luxor, please email sales@luxor.tech.

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SOURCE Luxor Technology

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GLN Connects to Vietnam’s National QR Network, Enabling Nationwide QR Payments

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Direct access to Vietnam’s nationwide QR payment networkEnabling payments via partners’ home-market banking and fintech apps without currency exchange

SEOUL, South Korea, April 26, 2026 /PRNewswire/ — GLN International has launched a nationwide QR payment service in Vietnam in partnership with NAPAS, marking its direct integration into the country’s national QR payment infrastructure.

The service was introduced at a launch ceremony on April 23 in Vietnam, attended by the State Bank of Vietnam (SBV), NAPAS, BIDV, and Hana Bank.

GLN leads the operation of the payment system connected to Vietnam’s national QR network and has driven its technical integration, as part of Hana Financial Group’s cross-border initiatives. Hana Bank participates as the only Korean financial institution designated as a settlement bank under SBV approval.

Vietnam’s payment infrastructure is built on the VietQR Global system operated by NAPAS, linking banks and merchants nationwide. Through this integration, GLN enables users of partner apps to access the network, expanding acceptance. The partnership is also expected to support inbound use cases, allowing Vietnamese users to make QR payments in Korea via their local apps.

The service is available across tourist destinations, including Da Nang, Phu Quoc, Nha Trang, and Ho Chi Minh City, across everyday merchants. Payments can be made through GLN-connected partner applications, including major Korean fintech apps such as Toss, PurpleGLN, Hana OneQ, Hana Money, and Hana Card, without currency exchange. The service is expected to expand to platforms, including Naver Pay and KB Banking App.

Seok Lee, CEO of GLN, said, “This launch marks a significant step in connecting Korea and Vietnam through a unified QR payment infrastructure. By integrating with Vietnam’s national QR network, we enable a simple payment experience for travelers using the apps they already use in their home market, without currency exchange. We will continue to lead overseas payments and cash withdrawals without physical cards.”

Meanwhile, GLN, a subsidiary of Hana Bank under Hana Financial Group, provides QR payment and QR withdrawal services across 14 countries in Asia, including Vietnam, China, Thailand, the Philippines, Laos, and Japan, with access to more than 200 million QR merchants globally. The company is a leading cross-border payment infrastructure provider in Asia, connecting users and merchants across markets. It has also established partnerships with overseas financial platforms, including Moreta Pay (North America), DeCard App (Singapore), and Taishin Bank (Taiwan).

 

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SOURCE GLN International

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VARON Celebrates 5 Years Supporting Easier Breathing for Customers Worldwide

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NEW YORK, April 24, 2026 /PRNewswire/ — VARON is celebrating a meaningful milestone, its 5th anniversary, and is taking this moment to thank customers around the world who have trusted its oxygen therapy solutions over the years. What started as a mission to make breathing support more accessible has grown into a global community of users relying on VARON’s advanced oxygen machines in their daily lives.

This anniversary is not just about the company’s growth, but about the people behind it—the individuals and families who have chosen VARON for comfort, independence, and peace of mind.

Five Years of Supporting Easier Breathing and Everyday Living

Over the past five years, VARON has focused on one simple idea: making oxygen therapy easier to use, easier to move with, and easier to trust. From home use to travel needs, the brand has continued improving its range of oxygen machines to support different lifestyles and health needs.

Today, VARON offers a full lineup that includes compact portable oxygen concentrator models and reliable at home oxygen concentrator systems designed for long-term use. Many users also prefer VARON’s lightweight oxygen concentrator options, which allow more freedom of movement without sacrificing performance.

“Our customers are at the center of everything we do,” VARON CEO shared in a message marking the anniversary. “We are deeply grateful for the trust placed in us over the past five years. Every device we create is built with real people and real daily needs in mind.”

Designed for Real Life: Home and On-the-Go Oxygen Support

VARON’s oxygen solutions are designed to fit into everyday routines—whether at home, during travel, or while staying active.

At home users continue to rely on models like the Serene 5 Home Oxygen Concentrator, which delivers steady medical-grade oxygen with quiet operation and simple controls. The Serene 3 offers a compact option for those who want efficient oxygen support in a smaller footprint.

For users needing flexibility, the VH-2 Pro Home Oxygen Concentrator provides adjustable flow settings and added features like nebulization support, making it a practical choice for daily home use.

On the portable side, VARON continues to expand independence for users who need oxygen on the move. The VP-8G Ultra Portable Oxygen Concentrator stands out for its ultra-lightweight design at just 4.37 lbs, making it easy to carry while traveling or running errands. The VP-6 Continuous Portable Oxygen Concentrator and VP-2 Portable Oxygen Concentrator offer additional options with adjustable flow settings and dependable oxygen delivery.

Each portable oxygen concentrator is designed with user comfort in mind—lightweight, easy to operate, and built for mobility without stress.

A Simple Way to Say Thank You: Anniversary Discounts and Free Gifts

To celebrate its 5th year, VARON is launching a limited-time global appreciation event with special savings across its entire product range.

Customers can enjoy featured anniversary offers:

18% OFF sitewide across all oxygen machinesFree VARON gifts, including a $30 store gift card and extra nasal cannulas with every machine purchaseUp to 40% OFF selected featured productsAutomatic discounts applied at checkout—no codes needed

Customers can also save more with bundle options such as the VP-8G Super Bundle and extra battery packages for VP-6 and VP-2 models.

“These anniversary offers are our way of saying thank you,” VARON CEO shared. “We want to make it easier for more people to access reliable oxygen support at home and on the go.”

Looking Ahead with Customers at the Center

As VARON moves into its sixth year, the company remains focused on improving its oxygen therapy technology and expanding accessibility worldwide. Future development will continue to focus on making portable oxygen concentrator devices lighter, more efficient, and easier to use in everyday life.

The goal remains simple: to help more people breathe easier and live with greater confidence and independence.

About VARON

VARON is a trusted provider of oxygen therapy solutions, offering a wide range of at home oxygen concentrator systems, portable oxygen concentrator devices, and advanced oxygen machines designed for home, travel, and personal use. The company is committed to creating lightweight oxygen concentrator technology that supports comfort, mobility, and better quality of life.

For more information on VARON’s 5th anniversary offers and full product lineup, customers are encouraged to visit the official VARON website.

Media Contact:
VARON Oxygen Concentrator
Email: support@varoninc.com
Website: https://varoninc.com/

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SOURCE Varon oxygen concentrator

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