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Aircraft Lighting Market - Ceilings & Wall Lights to Generate Significant Revenues

01-16-2018 11:08 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Growing need for safe navigation while flying an aircraft has led to surge in demand for aircraft lightings globally. In addition, surge in demand for wing inspection while flying is projected to impact the global market growth of aircraft lighting positively. Transparency Market Research states that the global aircraft lighting market is projected to reflect a CAGR of 4.6% over the forecast period, 2017-2026.

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Growth of the global aircraft lighting market is mainly bound to various macro-economic and micro-economic factors. As the need for safe navigation surfaces in the aviation industry, manufacturing companies are focusing on incorporating anti-collision lights, landing lights and other exterior lights in the aircrafts. Lack of aircraft lightings can lead to increasing number of accidents and collisions.

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Requirement to maintain checks of damaged wings due to extreme weather conditions while flying has led to surge in demand for wing inspection lights in the aviation industry. Growing need for weatherproof and waterproof aviation lights, manufacturers are increasingly focusing on integrating the AeroLED products in the aircrafts attributed to the high lumen efficacy products.

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As the aeroLED lights are vibration and shock resistant, the manufacturers in the aviation industry prefer adopting the LED lights. Compared to the LED lights, the Xenon tube lead and Halogen bulbs are subject to airframe vibrations. Adoption of LED lights continue to remain high as they can tolerate the high vibration situations indeterminately.

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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