Press release
Aircraft Lighting Market Emerging Technological Growth, Future Growth and Business Opportunities 2030
Factors such as increase in aircraft demand and shift from incandescent lights to LED lights are expected to drive the global aircraft lighting market. However, high cost of LEDs and delayed delivery of aircraft are the factors that are expected to restrain the growth of aircraft lighting market during the forecast period. On the contrary, surge in demand for lightweight aircraft components is expected to provide lucrative opportunity for the growth of the global market in the near future.Download Report (210 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/6638
Key Market Players
AeroLEDs
Astronics Corporation
Bruce Aerospace
Beadlight Limited
Cobham Limited
Honeywell International Inc.
Heads Up Technologies
Madelec Aero
Safran
Whelen Aerospace Technologies
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Key Market Segments
By Interior Lighting
Emergency Lights
Specialty Lights
Wash Lights
Reading Lights
Lavatory Lights
By Exterior Lighting
Aircraft Visibility Lights
Pilot Lights
Specific Purpose Lights
By Aircraft Type
Commercial aircraft
Business jets
Military aircraft
Helicopters
By Light Type
LED
Fluorescent
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LED lights are commonly used lighting technologies in aerospace and automotive industries. Application of LED in aircraft, especially in exterior lighting has increased, due to the enhanced performance of LEDs as well as their associated benefits such as reduction in power consumption, cooler temperature, and the longer service life. However, during the installation of LED as a form of visibility light, significant amount of heat is dispersed into the emitters, which can be controlled only with the installation of other equipment such as negative temperature coefficient (NTC) thermistor, which allows a limited current to flow through the circuit, thus enabling LEDs to produce less heat. This eventually increases the cost for LED lights to be used in aircraft, thereby restraining the growth of global market.
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Key Benefits For Stakeholders
This study presents the analytical depiction of the global aircraft lighting market analysis along with the current trends and future estimations to depict imminent investment pockets.
The overall aircraft lighting market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to the key drivers, restraints, and opportunities of the global aircraft lighting market with a detailed impact analysis.
The current aircraft lighting market is quantitatively analyzed from 2020 to 2027 to benchmark the financial competency.
Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.
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About Allied Market Research
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of ""Market Research Reports"" and ""Business Intelligence Solutions."" AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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