Global Airport Visual Approach Slope Indicator (VASI) Lighting Market Size, Share, Growth Analysis, By Type(Precision Approach Path Indicator (PAPI) and Non-Precision Approach Path Indicator (non-PAPI).), By Application(Commercial Airports and General Aviation Airports.) - Industry Forecast 2024-2031

Airport Visual Approach Slope Indicator Lighting Market size was valued at USD 89.9 billion in 2021 and is poised to grow from USD 94.7 billion in 2022 to USD 144.32 billion by 2030, growing at a CAGR of 5.4% in the forecast period (2023-2030).

The global airport visual approach slope indicator (VASI) lighting market is a vital component of aviation infrastructure, playing a crucial role in ensuring the safe and efficient landing of aircraft. VASI lighting systems are designed to provide visual cues to pilots during the approach phase of landing, enabling them to maintain the correct glide path for a safe touchdown. These lighting systems are essential, especially in adverse weather conditions or during nighttime operations, as they enhance the situational awareness of pilots and reduce the risk of runway incursions. The market for Airport VASI Lighting is driven by the increasing global air traffic and the constant need for runway safety enhancements. As air travel continues to grow, airports around the world are expanding their infrastructure to accommodate the rising number of flights. As a result, there is a growing demand for advanced visual landing aids like VASI lighting systems to ensure the safe handling of aircraft during busy landing operations. Additionally, stringent safety regulations imposed by aviation authorities have made the installation of VASI lighting systems mandatory at many airports, further boosting market demand.

US Airport Visual Approach Slope Indicator (VASI) Lighting Market is poised to grow at a sustainable CAGR for the next forecast year.