Global Aircraft Reading Light Market Overview by Recent Opportunities, Growth Size, Regional Analysis and Forecasts to 2028

The global aircraft reading light market is anticipated to grow at a CAGR of 5.0% during the forecast period (2022-2028). An aircraft reading light is a small, portable light that is used to read in dark or confined spaces. It is typically battery-powered and has a flexible arm so that it can be directed where needed. Aircraft reading lights are important for allowing passengers to read documents or books during flights. The number of passengers traveling by air is increasing year by year which in turn leads to an increasing demand for reading lights in aircrafts. This light can also be used for tasks such as completing customs forms or filling out medical information cards. Nowadays aircraft reading lights are becoming more and more advanced, which is expected to offer an opportunity for the market growth. LED light is one of the major lighting used in aircrafts. LED light is a semiconductor device that emits light when an electric current passes through it. The product is available in various colors, including red, yellow, green, and white. LED lights are used as indicator lights in many electronic devices. In aircraft reading, this light is very useful as it has high power applications.

Some major players in the market include Cobham Ltd., Astronics Corp., and Oxley Group, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in June 2021, United Airlines unveiled a huge aircraft order for 270 narrow-body aircraft, the largest single order in its history. The aircraft will be fitted with new cabins and feature new LED lighting to enhance the passenger experience. Additionally, in March 2019, Astronics Corp launched Nuancia RGBW Strip Lights, a lighting system that provides multiple lighting options for aircraft seats and cabins. This supported the company to expand its lighting product portfolio.

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-
o By Application

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- Cobham Ltd., Astronics Corp., and Oxley Group, among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

A full report of Global Aircraft Reading Light Market is available at:
https://orionmarketreports.com/global-aircraft-reading-light-market/108014/

Global Aircraft Reading Light Market Report by Segment

By Application
• Pilot
• Co-Pilot
• Third Crew Member
• Passengers
• Other

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This release was published on openPR.