Aircraft Exterior Lighting Market Report | Market Size, Share, Competitive Insights, Outlook, and Forecasts 2023-2030 | Market Report by RationalStat

The global aircraft exterior lighting market is projected to reach US$ 256.7 million by 2030, at a CAGR of 6.5%.

Global Aircraft Exterior Lighting Market size is valued at US$ 165.2 million in 2023 and is predicted to rise at a substantial CAGR of 6.5% during the forecast period of 2023 and 2030 according to RationalStat analysis.

Market Definition, Market Scope, and Report Overview

The aircraft exterior lighting market is expected to experience a rise in demand for energy efficient lighting systems for safe navigation and driving growth. The external lighting is used for alerting ground personnel on the intended moment, increasing situational vigilance, and alerting other aircrafts.

The usage of LEDs for exterior lighting provides a wide range of opportunity in the exterior lighting market. The long-term savings, reduced maintenance cost, improved visibility, and safety factors contribute in driving the growth of the aircraft exterior lighting market.

• According to a deep-dive market assessment by RationalStat, the aircraft exterior lighting market has been analyzed on the basis of market segments, including product type, technology, aircraft type, sales channel, application, 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 aircraft exterior lighting market covers market sizes based on 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 aircraft exterior 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 Exterior Lighting Market: Segmental and Market Share Analysis
• On the basis of the technology, the LED segment is anticipated to hold a major market share owing to its energy efficiency and longer lifespan as compared to other lighting systems.
Report Synopsis
Report Metrics Details
Base Year 2023
Forecast Period 2023-2030
Base Year Market Size US$ 165.2 million
Market Size Forecast US$ 256.7 million
Growth Rate 6.5%
Dominant Segment LED Segment
Leading Region North America

Key Market Drivers
• Increased use of advanced composite materials
• Integration of sensors and systems

Companies Profiled
• Honeywell International
• Aveo Engineering
• Rockwell Collins
• Safron Group
• Oxley Group
• Heads Up Technologies
• Luminator Aerospace
• Soderberg Manufacturing Company
• Astronics Corporation
• Whelen Aerospace Technologies

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Competition Analysis and Market Structure

Some of the prominent players adopt various strategies to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, and partnerships and collaborations are some of the strategies followed by industry players, some of the key developments in the aircraft exterior lighting market include,
• In August 2023, Honeywell began operations at a new production plant for Airfield Ground Lighting (AGL).
• In June 2023, Airbus Helicopters shut down Cobham Aerospace Communications to provide the next generation of dual-mode visual and infrared searching and landing lighting being built as part of the French Armament General Directorate's light multirole helicopter program.

Some of the prominent players and suppliers operating and contributing significantly to the probiotics supplement market growth include Honeywell International, Aveo Engineering, Rockwell Collins, Safron Group, Oxley Group, Heads Up Technologies, Luminator Aerospace, Soderberg Manufacturing Company, Astronics Corporation, and Whelen Aerospace Technologies, among others.

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RationalStat has segmented the aircraft exterior lighting market based on product type, technology, aircraft type, sales channel, and region
• Global Aircraft Exterior Lighting Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Product Type
o Navigating Lights
o Anti-Collision Lights
o Landing Lights
o Taxi Lights
o Runway Turnoff Lights
o Wingtip Lights
o Logo Lights
o Ice Lights
o Other Lights
• Global Aircraft Exterior Lighting Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Technology
o Incandescent Lights
o LED Lighting
o Halogen Lighting
o Xenon Lighting
o Other Technologies
• Global Aircraft Exterior Lighting Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Aircraft Type
o Narrow Body Aircraft
o Wide Body Aircraft
o Regional Jets
o Turboprop Aircraft
o Helicopters
o Business Jets
o Military Aircraft
• Global Aircraft Exterior Lighting Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Sales Channel
o OEMs
o Aftermarket
• Global Aircraft Exterior Lighting Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Application
o Navigation Lights
o Strobe Lights
o Position Lights
o Anti-Collision Lights
o Runway Turnoff Lights
o Wing Inspection Lights
o Formation Lights
o Escape Lights
o Others (Logo and Branding Lights)
• Global Aircraft Exterior Lighting Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
o North America Aircraft Exterior Lighting Market
 US
 Canada
o Latin America Aircraft Exterior Lighting Market
 Brazil
 Mexico
 Rest of Latin America
o Western Europe Aircraft Exterior Lighting Market
 Germany
 UK
 France
 Spain
 Italy
 Benelux
 Nordic
 Rest of Western Europe
o Eastern Europe Aircraft Exterior Lighting Market
 Russia
 Poland
 Hungary
 Other CIS Countries
 Rest of Eastern Europe
o Asia Pacific Aircraft Exterior Lighting Market
 China
 Japan
 India
 South Korea
 Australia
 ASEAN
• Indonesia
• Thailand
• Philippines
• Vietnam
• Malaysia
• Rest of ASEAN
 Rest of Asia Pacific
o Middle East & Africa Aircraft Exterior Lighting Market
 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 Exterior Lighting Report:
• What will be the market value of the aircraft exterior lighting market by 2030?
• What is the market size of the aircraft exterior lighting market?
• What are the market drivers of the aircraft exterior lighting market?
• What are the key trends in the aircraft exterior lighting market?
• Which is the leading region in the aircraft exterior lighting market?
• What are the major companies operating in the aircraft exterior lighting market?
• What are the market shares by key segments in the aircraft exterior lighting market?
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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' viewpoints 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 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.
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