Aircraft Cabin Lighting Market 2019- by Light type and Region, Size, Share, Growth Factors, Leading Players, And Regional Forecast To 2023

Aircraft Cabin Lighting Market by Light Type (Reading Lights, Ceiling & Wall, Signage, Floor Path Lighting, Lavatory Lights), Aircraft Type (Narrow Body, Wide Body, Very Large Aircraft), End-User (OEM and Aftermarket), & Region – Forecast till 2023

Global Aircraft Cabin Lighting Market is estimated to witness a CAGR of 7% from 2018 to 2023.

Aircraft Cabin Lighting Market Overview:

Aircraft cabin environment is a key consideration for the improvement of passenger experience and increasing yields across the aircraft fleet. The cabin lighting has been developed to significantly enhance the cabin ambience. Moreover, cabin lighting creates a stress-free atmosphere onboard, particularly, in newer aircraft.
Significant investments have been made on the development of passenger comfort, which should lead to a rapid growth of the market during the forecast period. However, major restraint of the market include lack of profitable airlines in developing countries.

The increased use of lightweight and energy efficient lights, new aircraft interior lighting system technology, and the emergence of mood lightings will offer new growth opportunities to the market players. For instance, STG Aerospace signed a contract with Boeing 737 NG fleet to provide LED mood lighting system, designed to retrofit commercial aircraft cabins.

The factors responsible for the growth of the Global Aircraft Cabin Lighting Market are the increase in demand for newer aircraft, rise in air passenger traffic, and aircraft upgrades. Another key driver for the growth of the Global Aircraft Cabin Lighting Market is the increasing focus on safety compliance and passenger experience.
For instance, Rockwell Collins signed an agreement with Comlux to provide interior lightings for cabin solutions for a number of VIP aircraft. The rise in demand for LED cabin and compartment for VIP and business jets will bolster the market growth. It will significantly reduce the maintenance and operating costs throughout the life of an aircraft.

Aircraft operators are focused on aircraft upgrades to increase their profits by providing solutions for interior lighting retrofit options. Meanwhile, Astronics Corporation signed an agreement with Airbus to provide cabin emergency lighting system for A380 passenger aircraft.

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Some Top Key Players in Aircraft Cabin Lighting Market:

The key players in the Global Aircraft Cabin Lighting Market are
• Rockwell Collins (U.S.)
• Zodiac Aerospace (France)
• Honeywell International (U.S.)
• Diehl Stiftung & Co. (Germany)
• United Technologies (U.S.)
• Cobham Plc (U.K)
• Astronics Corporation (U.S.)
• STG Aerospace Limited (U.K)
• Luminator Technology Group (U.S.)
• Precise Flight Inc. (U.S.)

Aircraft Cabin Lighting Market Regional Analysis:

Based on the geographical analysis, the aircraft cabin lighting market covers North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America.

Major aircraft manufacturers are all based out of North America which gives the regional substantial patronage in taking the market forward. The regional market’s rise to the top can be attributed to that. At the same time, the presence of several service providers is also helping the region to gain much from revenue.
Europe has the second largest market and the regulations regarding aircraft cabin lighting is propelling the business further.

Table Of Contents

1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Intensity Of Competitive Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
Continue…

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List Of Figures

FIGURE 1 Research Process Of MRFR
FIGURE 2 Top Down & Bottom Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 6 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
FIGURE 8 Global Aircraft Cabin Lighting Market Share, By Light Type, 2018 (%)
FIGURE 9 Global Aircraft Cabin Lighting Market, By Light Type, 2018-2023 (USD MILLION)

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