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Know More About Aircraft Lighting Market 2020 By Major Players Like Honeywell International Inc., Cobham Plc., Zodiac Aerospace, STG Aerospace Ltd.
The global aircraft lighting market is expected to grow at a CAGR of 4.2% during the forecast period 2018 - 2025, to account to US$3.03 Bn by 2025.The global aircraft lighting market is experiencing a decent growth with regards to the investments, trials being carried out and deployment for future in the current scenario. The market for aircraft lighting consists of some well-established players across the globe, which invest huge amounts in order to deliver the most advanced technologies and products to their customers. The aircraft manufacturers on the other hand, are procuring the advanced technologies from the aircraft component manufacturers to deliver aircrafts integrated with enhanced technologies. This factor is helping the market for aircraft lighting to surge over the period.
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Leading companies profiled in the report include 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.
The most prominent region in the current market scenario stands for Asia Pacific owing to the rapid procurement of aircraft by the commercial airlines and defense forces. The market for aircraft lighting is foreseen to witness an expeditionary growth in Asia Pacific region, pertaining to the huge demand for modification or retrofitting of advanced lighting solutions. Asia Pacific is followed by Middle East and Africa region, with the second largest market share in the global aircraft lighting market. Globally recognized and large number of commercial aircraft fleet, Emirates, followed by Qatar Airways, Etihad Airways and Saudi Arabian Airlines invest significant amounts in procurement of newer aircrafts and also in modification of their existing fleet. The airlines constantly focuses on enhancing customer experience, thereby, retrofitting the aircrafts with advanced lighting systems is one of the major trends prevailing in the region.
The report segments the global aircraft lighting market are as follows:
Global Aircraft Lighting Market - By Systems Type
o Cockpit Console Lights
o Aircraft Cabin Lights
o Cargo Lights
o Seat Proximity Lights
o Others
Global Aircraft Lighting Market - By Technology
o Traditional Lights
o LED Lights
o OLED Lights
o Others
Global Aircraft Lighting Market - By Light Type
o Interior
o Exterior
Global Aircraft Lighting Market - By Fit Type
o Line Fit
o Retro Fit
Global Aircraft Lighting Market - By Aircraft Type
o Fixed Wing Aircraft
o Rotary Wing Aircraft
Global Aircraft Lighting Market - By End User
o Commercial Aircraft
o Military Aircraft
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Key findings of the study:
o Asia-Pacific is anticipated to account the largest aircraft lighting market share.
o Based on system type, the aircraft cabin lights segment is projected to dominate the aircraft lighting market.
o LED lights segment held the largest market share by technology.
o Interior segment dominated the market by light type.
o Based on fit type, line fit dominated the market.
o Fixed wing aircraft held the largest market share by aircraft type.
o Based on end user, commercial segment dominated the market.
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The Insight Partners is a one-stop industry research provider of actionable intelligence. We help clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Electronics and Semiconductor s, Pharmaceuticals, Chemicals and Materials, Automotive and Transportation, Aerospace and Defense, Electronics and Semiconductors, Technology, Media, and telecommunication, Manufacturing and Construction.
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