Aircraft Exterior Lighting Market Size to Reach USD 317.1 million by 2033, with a CAGR of 6.6%

The Aircraft Exterior Lighting Market is projected to reach USD 167.2 million in 2023, with an anticipated CAGR of 6.6% from 2023 to 2033, resulting in an estimated revenue of USD 317.1 million by 2033.

In recent years, there has been a significant shift from incandescent lights to LEDs in aircraft lighting systems. LEDs offer superior illumination and have facilitated the global adoption of advanced aircraft lighting technologies.

Technological advancements such as lightweight products, smart lighting systems, LED lighting systems, component miniaturization, and energy-efficient lighting systems are increasingly integrated into aircraft lighting systems. Airlines are investing in these advanced systems to enhance operational efficiency and meet the growing demand for sophisticated aircraft lighting solutions.

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The aviation lighting market is poised for growth driven by the transition from traditional incandescent lighting to LED technology. The shift towards lightweight aircraft components is expected to create lucrative opportunities for expanding the global market for aircraft lighting systems. Additionally, the adoption of LEDs for exterior lighting applications is set to broaden the scope of the aircraft lighting systems market.

Key Takeaways from the Aircraft Exterior Lighting Market Study

The automatic tire inflation system is expected to increase at a notable CAGR of 6.3%
The landing lights segment is projected to grow at a CAGR of 5%.
The original equipment manufacturer (OEM) segment for aircraft exterior lighting is anticipated to grow at a CAGR of 5.7% in terms of value over the forecast period and to be valued at US$ 352.2 Mn by 2027 end.
North America is a prominent market for automatic tire inflation systems and is estimated to grow at a steady CAGR of 2.9% in the forecasted period.
The U.S. is projected to account for approximately 90%of the North American aircraft exterior lighting market.
The demand for aircraft exterior lighting in China is projected to create an absolute dollar opportunity of USD 13.8 Million.
Competitive Landscape for the Aircraft Exterior Lighting Market

Manufacturers of aircraft exterior lighting implement a variety of strategies to meet the needs of domestic and international customers as part of their competitive strategy. In order to satisfy the needs of domestic and international customers, companies such as Rockwell Collins maintain a steady emphasis on R&D. To gain an advantage over their competition, key players continue to develop products through partnerships and innovation.

Some major companies in the aircraft exterior lighting market include United Technologies Corp., Rockwell Collins, Honeywell International Inc., Zodiac Aerospace S.A., Diehl Aerospace GmbH, Aveo Engineering Group, S.R.O., Whelen Engineering Co., Inc., Astronics Corporation, Cobham plc., Amglo Kemlite Laboratories Inc., Oxley Group, Heads Up Technologies, Inc., Soderberg Manufacturing Company Inc., Devore Aviation Corporation of America and others.

Recent Developments in the Aircraft Exterior Lighting Market

For the SunSpotä 36 and 46 Series LED Landing and Taxi lights, AeroLEDs, LLC announced FAA-STC clearance in 2022 for various Sikorsky aircraft models. Sterling Helicopter is the only company that offers this STC, allowing rotorcraft covered by it to upgrade to LED technology immediately.
As announced in December 2021, STG plans to launch a platform-neutral Universal Lighting product family, segmenting lighting systems effectively. Each segment has its own dynamic lighting profile and scenario, allowing operators to select the intensity and color transition for each segment.
As part of a significant aircraft order announced in June 2021, United Airlines will acquire 270 narrow-body aircraft, its largest-ever purchase. The aircraft will feature upgraded cabins and LED lighting to increase passenger comfort.

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Aircraft Exterior Lighting Market Segmentation by Category

By Product Type:

Landing lights
Position lights
Anti-collision lights
Other Exterior Lights
By Aircraft Type:

Narrow Body
Wide Body
Large Body
Single Aisle
Regional Jets
Helicopters
Air Cargo
Business Jets
By Sales Channel:

Original Equipment Manufacturer (OEM)
Aftermarket
By Region:

North America
Latin America
Europe
The Middle East and Africa
East Asia

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This release was published on openPR.