LED Airfield Ground Lighting to Remain Top-selling, Accounting for Over 80% of Airfield Ground Lighting Sales: Fact.MR
Share this article Share this article 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-ba...
Source: prnewswire.com