Global Aircraft Lighting Systems Market to 2025|Leading Key Players: Honeywell, B/E Aerospace, Goodrich, Oxley, DeVore, Astronics, SELA
Global Aircraft Lighting Systems Market Overview:
According to market analysts, Global Aircraft Lighting Systems Market is projected to grow at a high CAGR value from 2019 to 2025.
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Increase in aircraft orders, increased passenger traffic, and increased upgradation of aircraft are some of the key factors driving the aircraft lighting market. The growth of aircraft lighting market is relational to the growth of the global aircraft industry and growth in air travel.
The Aircraft Lighting Systems Market is segmented based on Light Type, Aircraft Type, Fit, Platform (Fixed and Rotary Wing), System (Passenger Service Unit and Cockpit Control Unit) and Region. The fixed wing segment in the aircraft lighting market is projected to grow at the highest CAGR during the forecast period.
On the basis of light type, the market is sub-segmented into Interior Light and Exterior Light. The interior light segment in the aircraft lighting market is estimated to be the fastest-growing during the forecast period. This growth is attributed to an increase in the demand for ceiling and wall lighting for aircraft.
On the basis of aircraft type, the market is sub-segmented into Commercial Aviation, Military Aviation and Business Aviation. The commercial aviation segment is projected to grow at the highest CAGR during the forecast period.
Regionally, Asia Pacific is expected to be the fastest-growing market during the forecast period. The growth is largely due to an increase in air passenger traffic in emerging countries such as India and China and rise in commercial aircraft manufacturers in the region.
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2 B/E Aerospace
3 STG Aerospace
6 Bruce Aerospace
7 SELA and More..
1 North America
4 South America
5 Middle East & Africa
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Key Questions Answered in this Report:
1 What will the market size and the growth rate be in 2025?
2 What are the key factors driving the Aircraft Lighting Systems Market?
3 What are the challenges to market growth?
4 Who are the key vendors in the market?
5 What are the latest market trends?
Table of Content:
1 Industry Overview
2 Aircraft Lighting Systems Market by Type
3 Global Market Demand
4 Major Region Market
5 Major Companies List
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