Aircraft lighting market is experiencing a high growth throughout the globe, driven by growth in the production of aircrafts, demand for efficient aircraft lights, and advancement in the lighting to deliver hassle free experience to its passengers. Moreover, with the steady growth in the GDP of countries, growth in middle-level income class group, adoption of air transportation in increasing among the users. These factors are anticipated to drive the aircraft lighting market during the forecast period.
With an improvement in the standard of living, continuous enhancement and development in the aviation fleet, and balanced national air transportation system throughout the globe supports the render significant growth opportunities for the manufactures of aviation and would lead also help to maintain and retain the leading position in the global air transportation market. Such an increase in the production of aircrafts is anticipated to fuel the aircraft lighting.
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Aircraft lighting market operates in a highly fragmented industry with large number of local players capturing market place. Key players in the market are collaborating with other providers of aircraft lighting to gain high market share. Some of the key players operating in the Aircraft Lighting market includes Honeywell International Inc., Cobham PLC Zodiac Aerospace, STG Aerospace Ltd., Rockwell Collins, Diehl Stiftung & Co. KG, Astronics Corporation, Oxley group, United Technologies Corporation, and Bruce Aerospace among others.
Aircraft lighting system plays a vital role in the overall functioning of aircraft and it also adds aesthetically to the design of the aircraft. Lighting has a significant impact on the cabin environment and enhances the interior of the aircraft. There is continuous development in improving overall look and design of interior & exterior lighting system for airplanes. Air travel companies are more inclined towards installing LED lighting instead of conventional incandescent, halogen, and fluorescent tube systems considering the overall savings in the maintenance of aircraft. Technological developments are essential for continuously driving the market as the demand for lights migrate from incandescent to LED lights and other modern-day solutions. Thus, manufacturers in the aircraft lighting market are focused on developing novel systems that facilitate ease in installation, long life provides lower maintenance, and weight savings of the aircraft.
The global aircraft lighting market is segmented on the basis of end users which is fragmented into commercial and defense. The commercial end-user is generating high amount of revenue from the aircraft lighting market followed by defense segment. In a current scenario, designers of airline lighting are looking ahead to bring innovations in lighting solutions with an aim to increase the satisfaction level of passengers. Moreover, commercial segment is growing at a highest CAGR and is anticipated to dominate the market by 2025. In addition to this, with the high usage of aircrafts for commercial purpose due to high income level of individuals and more comfort, safety and reliability in these aircrafts plays a vital role. Also, in order to provide hassle-free experience to its customers, interior lights of aircrafts is brighter than jet way.
The report aims to provide an overview of global aircraft lighting market with detailed market segmentation. Also, it analyzes the current market scenario of aircraft lighting market and forecasts the market till 2025. The report covers market dynamics affecting the aircraft lighting market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the aircraft lighting market with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the aircraft lighting market along with their market strategies. The report also provides value chain along with the SWOT analysis for all company profiled in the report.
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The report focuses on an in-depth segmentation of aircraft lighting market based on system types, fit types, light types, aircraft types, technology, and end user. The geographic segmentation of the report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The regional market has been further bifurcated by respective countries. By fit type segment, line fit is accounted for largest share in the aircraft lighting market in 2017 and whereas retrofit is expected to grow at the highest CAGR during the forecast period.
The Asia Pacific is one of the prominent region in aircraft lighting market which is contributing highest revenue globally due to high population growth. Raise in the standard of living, disposable income, and business activity is anticipated to grow the demand of air transportation and which would further develop economy of countries and would contribute towards the growth of aircrafts. China, Japan, and India are the most populated countries in APAC region. Demographic trends, increasing disposable income of individuals, policies established by regulatory bodies to control the access of domestic and other airlines. Rest of APAC, and India is expected to hold a high market share followed by China and Japan. Owing to this, several global manufacturers and providers of aircraft lighting has potential to invest in this region.
Global Aircraft Lighting Market – By System Type
Cockpit Console Lights
Cabin Lights
Cargo Lights
Seat Proximity Lights.
Others
Global Aircraft Lighting Market – By Technology
Traditional Lights
LED Lights
OLED Lights
Others
Global Aircraft Lighting Market – By Light Type
Interior Lights
Exterior Lights
Global Aircraft Lighting Market – By Fit Type
Line Fit
Retro Fit
Global Aircraft Lighting Market – By Aircraft Type
Fixed Wing Aircrafts
Rotary Wing Aircrafts
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