Published Market Report | Aircraft Cabin Lighting Poised to Reach US$ 2.0 Billion by 2030, Fueled by Passenger Demand

The global aircraft cabin lighting market is expected to surpass US$ 2.0 billion by 2030, with an annual growth rate of more than 6.2%
Global Aircraft Cabin Lighting Market is valued at US$ 1.3 billion in 2023 and is expected to grow at a significant CAGR of over 6.2% over the forecast period of 2023-2030, according to the published market report by RationalStat

Market Definition, Market Scope, and Report Overview

Airlines and aircraft manufacturers are investing in advanced cabin lighting systems to enhance the overall passenger experience during flights. Airlines are increasingly recognizing the importance of cabin aesthetics to differentiate their services and create a more visually appealing interior. Advanced lighting designs and technologies contribute to a modern and sophisticated cabin ambiance, thus driving demand within the aircraft cabin lighting market.
In addition, the adoption of energy-efficient LED lighting systems to reduce overall energy consumption and operational costs. LED lighting also offers longer lifespans and requires less maintenance compared to traditional lighting technologies. Furthermore, continued advancements in lighting technologies, including the integration of smart lighting systems and programmable LED lighting, allow for more control over the cabin environment.

• According to a deep-dive market assessment by RationalStat, the global aircraft cabin lighting market has been analyzed on the basis of market segments, including light type, aircraft size type, end user, lighting technology and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.

• Market intelligence for the global aircraft cabin lighting market covers market sizes on the basis of market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.

• In addition, the long-term sector and products/services 10-year outlook and its implications on the global aircraft cabin lighting market. It also includes the industry's current state - Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.

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Global Aircraft Cabin Lighting Market: Segmental and Market Share Analysis
• On the basis of lighting technology, LED is anticipated to take up a significant share of the aircraft cabin lighting market, principally due to its low power consumption, high reliability, and good visibility.

Report Synopsis
Report Metrics Details
Base Year 2023
Forecast Period 2023-2030
Base Year Market Size US$ 1.3 billion
Market Size Forecast US$ 2.0 billion
Growth Rate 6.2%

Key Market Drivers
• Advancements in technology
• Focus on enhanced customer experience
• Focus on cabin aesthetics

Companies Profiled
• AIM Altitude
• Astronics Corporation
• Aveo Engineering Group
• Bruce Aerospace
• Cobalt Aerospace Cobham PLC
• Collins Aerospace
• Diehl Stiftung & Co. KG
• Honeywell International
• Luminator Technology Group
• Safran SA
• STG Aerospace
• Rockwell Collins
• Raytheon Technologies Corporation
• Precise Flight

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Competition Analysis and Market Structure

Some of the prominent players and suppliers operating and contributing significantly to the global aircraft cabin lighting market growth include AIM Altitude, Astronics Corporation, Aveo Engineering Group, Bruce Aerospace, Cobalt Aerospace Cobham PLC, Collins Aerospace, Diehl Stiftung & Co. KG, Honeywell International, Luminator Technology Group, Safran SA, STG Aerospace, Rockwell Collins, Raytheon Technologies Corporation, Precise Flight, among others.

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RationalStat has segmented the global aircraft cabin lighting market based on light type, aircraft size type, end user, lighting technology, and region
• Global Aircraft Cabin Lighting Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Light Type
o Reading Lights
o Ceiling & Wall Lights
o Floor Path Lights
o Lavatory Lights
o Others
• Global Aircraft Cabin Lighting Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Aircraft Size Type
o Narrow-body Aircraft
o Wide-body Aircraft
o Very Large Aircraft
• Global Aircraft Cabin Lighting Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by End User
o OEM
o Aftermarket
• Global Aircraft Cabin Lighting Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Lighting Technology
o Halogen
o LED
o Others
• Global Aircraft Cabin Lighting Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
o North America Aircraft Cabin Lighting Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
 US
 Canada
o Latin America Aircraft Cabin Lighting Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
 Brazil
 Mexico
 Rest of Latin America
o Western Europe Aircraft Cabin Lighting Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
 Germany
 UK
 France
 Spain
 Italy
 Benelux
 Nordic
 Rest of Western Europe
o Eastern Europe Aircraft Cabin Lighting Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
 Russia
 Poland
 Hungary
 Other CIS Countries
 Rest of Eastern Europe
o Asia Pacific Aircraft Cabin Lighting Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
 China
 Japan
 India
 South Korea
 Australia
 ASEAN
• Indonesia
• Thailand
• Philippines
• Vietnam
• Malaysia
• Rest of ASEAN
 Rest of Asia Pacific
o Middle East & Africa Aircraft Cabin Lighting Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
 GCC
• Saudi Arabia (KSA)
• United Arab Emirates (UAE)
• Rest of the GCC
 South Africa
 Nigeria
 Turkey
 Rest of the Middle East & Africa

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Key Questions Answered in the Aircraft Cabin Lighting Report:
• What will be the market value of the global aircraft cabin lighting market by 2030?
• What is the market size of the global aircraft cabin lighting market?
• What are the market drivers of the global aircraft cabin lighting market?
• What are the key trends in the global aircraft cabin lighting market?
• Which is the leading region in the global aircraft cabin lighting market?
• What are the major companies operating in the global aircraft cabin lighting market?
• What are the market shares by key segments in the global aircraft cabin lighting market?

Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts' viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
• Defining the problem by understanding the type of market and data required by the client.
• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
• Evaluating and analyzing the data by referring to data sources utilized and leveraged.
• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

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RationalStat LLC
Kimberly Shaw,
Content and Press Manager
sales@rationalstat.com
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RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client's needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.

This release was published on openPR.