Press release
Aircraft Cabin Lighting Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | Astronics Corporation, Diehl Aerospace GmbH, Honeywell International Inc., Luminator Technology Group LLC
Aircraft Cabin Lighting Market Characteristics
The Business Research Company offers in-depth market insights through Aircraft Cabin Lighting Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The aircraft cabin lighting market size has grown strongly in recent years. It will grow from $1.37 billion in 2023 to $1.47 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to airline fleet expansion, passenger experience focus, energy efficiency demands, passenger health and well-being, aircraft interior design trends..
The aircraft cabin lighting market size is expected to see strong growth in the next few years. It will grow to $1.92 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to demand from emerging markets, increased demand in retrofitting, aircraft interior customization, sustainability initiatives, personalized lighting options.. Major trends in the forecast period include retro-inspired lighting, anti-jetlag lighting, voice-activated controls, biometric lighting adjustments, dynamic ambient lighting..
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Market Segmentation:
The aircraft cabin lighting market covered in this report 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
Major Driver - Increased Aircraft Production Fueling Growth In Aircraft Cabin Lighting Market
The rise in aircraft production is expected to propel the growth of the aircraft cabin lighting market going forward. Aircraft production refers to the manufacturing of airplanes and components such as propulsion systems, avionics, and other related equipment. Cabin lighting can contribute to the overall aesthetics and branding of an airline. For instance, in January 2023, according to an article published by Airbus SE, a Netherlands-based manufacturer and developer of aerospace services, solutions, and products, Airbus delivered 661 commercial aircraft to 84 customers in 2022, which is an 8% increase over 2021. Therefore, the rise in aircraft production is driving the aircraft cabin lighting market.
Competitive Landscape:
Major companies operating in the aircraft cabin lighting market report 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, Aveo Engineering Group s.r.o., Bruce Aerospace Inc., Raytheon Technologies Corporation, Precise Flight Inc., Oxley Group, STG Aerospace, Luminator Aerospace, SELA, CML Innovative Technologies, ST Aerospace, Schott AG, AD Aerospace, Nordam Group, Vision Systems, Lumitex Inc., Beadlight Ltd. .
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Top Trend - Led Flex Light For Enhanced Passenger Experience
Major companies operating in the aircraft cabin lighting market are developing innovative products, such as LED flex light to provide vibrant, animated lighting within a slimline, flexible structure that can shape around the bends found in aircraft cabins. LED Flex Light is a flexible lighting solution featuring light-emitting diodes (LEDs) arranged on a flexible substrate, allowing for versatile and customizable illumination in various applications. For instance, in June 2023, STG Aerospace, a UK-based aerospace and defense company introduced The Curve. The Curve is an LED Flex light that provides seamless lighting and can be used throughout the aircraft. The product can build layers of ambience in cabins where fixed, linear lights no longer meet the geometric requirement or aesthetic standard. The light output of The Curve can be split into individually addressable segments, with each segment's color, transition, and intensity controlled independently, offering the choice of 16 million colors. The launch of The Curve represents a significant advancement in aircraft cabin lighting, offering a new level of flexibility, adaptability, and customization to meet the evolving needs of the aviation industry and enhance the passenger experience.
The Table Of Content For The Market Report 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 Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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