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Aircraft Cabin Lighting Global Market Size is Expected to Reach $1.75 Billion By 2027 | Key Players: Astronics Corporation, Safran S.A., Collins Aerospace, Bruce Aerospace Inc., Precise Flight Inc.
Aircraft Cabin Lighting Market
The Business Research Company's Aircraft Cabin Lighting Global Market Report 2023 identifies the Increasing passenger air traffic is expected to propel the growth of the aircraft cabin lighting market going forward. Passenger air traffic refers to an increase in the number of passengers traveling by air over time that can be measured in a variety of ways, including the number of passengers carried by airlines, the number of flights operated, and the revenue generated by the air travel industry.
The global aircraft cabin lighting market size is expected to grow from $1.29 billion in 2022 to $1.38 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global aircraft cabin lighting market size is expected to reach $1.75 billion in 2027 at a CAGR of 6.1%.
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Major players in the aircraft cabin lighting market are Astronics Corporation, Diehl Aerospace GmbH, Honeywell International Inc., Luminator Technology Group LLC, Safran S.A., Collins Aerospace, Heads Up Technologies Inc., Soderberg Manufacturing Co.Inc., Cobalt Aerospace Cobham PLC, Cobham Aerospace Communications, Aveo Engineering Group s.r.o., Bruce Aerospace Inc., Raytheon Technologies Corporation, Precise Flight Inc., and Oxley Group.
Integration of micro-LED technology is a key trend gaining popularity in the aircraft cabin lighting market. Micro-LED technology refers to the technology that has the potential to create highly competent and great-looking flexible displays.
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The Aircraft Cabin Lighting market is segmented -
1) By Type: Wash Lighting, Emergency Lighting and Ordinance Signs, Lavatory Lights, Reading and Dome Lights, Specialty Lighting
2) By Technology: Halogen, LED, Other Technologies
3) By Aircraft: Narrow-Body, Wide-Body, Regional Jet, General Aviation
4) By Fit: Retro Fit, Line-Fit
5) By End User: Original Equipment Manufacturer (OEM), Aftermarket
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Aircraft Cabin Lighting market.
The Business Research Company's "Global Aircraft Cabin Lighting Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Aircraft Cabin Lighting Market Include:
1. Executive Summary
2. Aircraft Cabin Lighting Market Characteristics
3. Aircraft Cabin Lighting Market Trends And Strategies
4. Aircraft Cabin Lighting Market - Macro Economic Scenario
5. Aircraft Cabin Lighting Market Size And Growth
……
27. Aircraft Cabin Lighting Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aircraft Cabin Lighting Market
29. Aircraft Cabin Lighting Market Future Outlook and Potential Analysis
30. Appendix
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