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Aircraft Lighting Market Competitive Landscape and Application Development Analysis to 2025 - Zodiac Aerospace, Honeywell International Inc., Diehl Stiftung & Co. KG., Cobham PLC, United Technologies Corporation, Rockwell Collins, Oxley group, STG Aerospa

03-29-2019 06:41 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Aircraft Lighting Market

Aircraft Lighting Market

The global aircraft lighting market accounted for US$ 2.21 Bn in 2017 and is expected to grow at a substantial CAGR over the forecast period 2018–2025.

The aircraft manufacturing and aftermarket industry is experiencing a substantial demand for various technologically advanced components. The inclination curve of air passenger travel is constantly climbing across geographies pressuring the aircraft manufacturers to deliver increased number of aircrafts. On a global scenario, commercial air passenger is anticipated to maintain a continuous growth over the years, regardless of various challenges faced by the commercial airlines such as aviation fuel price, and other monetary changes in respective countries.

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In the current scenario, aviation industry plays an important role to boost the global business as it offers a rapid global transportation network. It helps the passengers to reach at the destination with minimal time. Facility of aircraft helps to develop the economic growth of the country and facilitates international trade & tourism, and reduces unemployment.

Lights used in the aircrafts are the significant part which comprise of reading lights, general illuminating lights, cargo lights, seat proximity lights, cabin lights, and others. Moreover, in the aviation industry, use of aircraft navigation lights are used to support the navigation process. These lights play an essential role and is also responsible to provide better comfort to its passengers. It also increases the safety of both passengers and crew members. In addition, these lights perform under various situations including low visibility environmental conditions, extreme temperature, and severe weather conditions such as snow, rain, and fog. Thus, selection and installation of superior quality and high performance aircraft light is necessary to combat extreme situation. In respect to this, an upsurge in the requirement of energy efficient aircrafts lights is expected to nurture the growth of aircraft lighting market.

The key players operating in aircraft lighting market include Cobham PLC, Honeywell International Inc., STG Aerospace Ltd., United Technologies Corporation, Diehl Stiftung & Co. KG, Rockwell Collins, Bruce Aerospace, Astronics Corporation, Zodiac Aerospace, and Oxley group among others.

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The report segments the global aircraft lighting market as follows:

Global Aircraft Lighting Market – By Systems 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
• Exterior

Global Aircraft Lighting Market – By Fit Type
• Line Fit
• Retro Fit

Global Aircraft Lighting Market – By Aircraft Type
• Fixed Wing Aircraft
• Rotary Wing Aircraft

Global Aircraft Lighting Market – By End User
• Commercial Aircraft
• Military Aircraft

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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Call: +1-646-491-9876
Email: sales@theinsightpartners.com
Web: https://www.theinsightpartners.com/

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