Aircraft Cabin Lighting Market Future Business Growth and Trend by 2023-2030

The global aircraft cabin lighting market size is expected to gain momentum owing to the increasing number of aircraft deliveries during the forecast period. This information is published by Fortune Business Insights™ in an upcoming report, titled, "Aircraft Cabin Lighting Market, 2023-2030." The development of traditional lights will overcome the drawbacks like cost, durability, efficiency, and portability. The rising demand for advanced LED lighting is expected to drive market growth. Because of the focus on energy conservation, the adoption of LED lighting in aircraft interiors is likely to provide great potential for the market to develop.

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Segments:

By light type, the market for aircraft cabin lighting is segmented into reading lights, ceiling & wall, signage, floor path lighting, and lavatory lighting. On the basis of aircraft type, the market is segregated into narrow-body, wide-body, and very large aircraft. On the basis of end-user, the market is categorized into OEM and aftermath. Finally, by geography, the market is divided into North America, Europe, Asia Pacific, and the Rest of the World.

List of Key Players Profiled in the Global Market for Aircraft Cabin Lighting:

Astronics Corporations (The U.S.)
Cobham Limited (The U.K.)
Diehl Stiftung & Co. KG (Germany)
Heads Up Technologies (The U.S.)
Honeywell International (The U.S.)
Luminator technology (The U.S.)
United Technologies (The U.S.)
What does the Report Offer?

The region's major countries have been plotted based on their individual revenue contributions to the regional market. The Aircraft Cabin Lighting report explains the major drivers, constraints, and market opportunities and their comprehensive impact analysis for aircraft cabin lighting.

Drivers & Restraints:

Increasing Technological Advancement to Stimulate Growth

The global aircraft cabin lighting market is expected to grow due to growing technology during the projected period. The rising development in AI-based technology systems and low-cost lighting solutions in the aviation industry is the major contributing factor. The growing adoption of LED ambient lighting systems on newer aircraft has prompted cabin remodeling work on older aircraft to ensure uniform service quality. Major developments such as ambiance lighting systems, incorporating digital experiences in aircraft cabins, and introducing luminescent emergency cabin lighting are expected to provide growth possibilities for market participants.

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Aircraft Cabin Lighting Industry to Gain Stride; Astronics Corporation Launches Energy Efficient Illumination Options for Commercial Aircraft

REGIONAL INSIGHTS

Presence of prominent Players to Promote Growth in North America

North America is expected to hold the largest global aircraft cabin lighting market share during the forecast period. This is due to the presence of key players and is expected to drive the market forward in the region.

The Asia Pacific is expected to have a sizable share of the market. This is due to the increasing demand for commercial aircraft from countries such as India and China. For instance, in 2019, according to the Boeing forecast, Indian airlines will order up to 2,380 commercial aircraft during the period of 2019-2039.

Competitive Landscape-

Increasing Number of Mergers to Create Lucrative Opportunities

The study provides a thorough analysis of the following main companies in the market, including their competitive landscape, capacity, mergers, and acquisitions. Due to a surge in product and service extensions and technological advances, the market's competitive environment is expected to intensify throughout the projected period.

Aircraft Cabin Lighting Industry Development-

March 2019: Astronics Corporation launched Nuancia RGBW Strip lights for energy-efficient illumination options for commercial cabins in aircraft. It provides 16 million colors to aircraft manufacturers and airline operators.
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This release was published on openPR.