The "2023 China Lighting Industry Report" released by the National Bureau of Statistics shows that since 2019, the scale of China's navigation lighting market has grown from 45 billion yuan to 76 billion yuan, with an annual compound growth rate of 10.8%, and it is expected to exceed 100 billion yuan in 2024. Industry insiders said that with the rapid development of the low-altitude economy, the navigation lighting market has ushered in new growth opportunities, and domestic LED lighting companies will benefit significantly.
Low-altitude economy boosts the expansion of the navigation lighting market.
Experts pointed out that in the construction of low-altitude infrastructure, special lighting facilities such as visual navigation are expected to account for about 15% of the total investment. The report of China Investment Industry Research Institute predicts that by 2030, the market size of domestic low-altitude infrastructure construction is expected to reach 504.5 billion yuan. Therefore, the corresponding new market capacity for low-altitude special lighting exceeds 70 billion yuan.
According to reports, the market for special lighting for navigation aids has a wide range of application scenarios, including the construction of runway-type general airport networks, the construction of helicopter landing and take-off points, the layout of urban vertical take-off and landing fields, the construction of temporary landing and take-off points for enterprises and individuals, the clear space lighting of high-rise buildings and transmission towers, and the emergency aviation lighting of remote factories and mines. Airport special lighting is a key facility to ensure the safe and efficient operation of airport flight areas and related areas in various complex environments and time periods. It covers multiple aspects such as runway navigation lighting systems, taxiway lighting systems, apron lighting, and approach lighting systems, and has extremely high requirements for product safety, reliability, and standard compliance.
According to relevant data from the National Airspace Management Center, as of the end of 2023, the number of registered general airports in my country is 449, while the United States has more than 20,000, indicating that the number of general airports in my country is far from meeting development needs. In the future, my country will increase investment in the construction of general airports, plan ahead, and gradually build a general airport network that meets the development of the low-altitude economy. The construction of related infrastructure is expected to bring huge market space.
