Global Aircraft Lighting Market, By Lighting Type (Interior and Exterior), By Aircraft Type (Commerc

Published Date: May 2019 | Report Code : AD1932079

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Global Aircraft Lighting Market, By Lighting Type (Interior and Exterior), By Aircraft Type (Commercial Aviation, Military Aviation, and Business Aviation), By Platform (Fixed Wing and Rotary Wing), and By Region (North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World) – Market Size & Forecasting (2016-2028)

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Report Code : AD1932079

Status : Published May 2019

The Global Aircraft Lighting Market is projected to reach USD 7.56 billion by 2028, at a CAGR of 5.8% during the forecast period. An aircraft requires a variety of lights for several purposes, including safety, navigation, to improve visibility during flight or while taxiing, etc. The two main categories of aircraft lighting are interior and exterior lights. Interior lights include reading lights, ceiling lights, and floor path lights, among others, and are used to assist passengers in various activities. The Exterior lights such as Landing lights, position lights, runway turnoff lights, etc., are used to provide functional assistance in the safety and operation of an aircraft.

Aircraft Lighting Market

Based on lighting type, the aircraft lighting market has been segmented into interior and exterior. The interior lighting segment is expected to grow at a higher rate as compared to the exterior segment due to increasing orders from aircraft manufacturers to offer a more relaxed and comfortable atmosphere to passengers. Lights for reading, guiding, and creating an ambiance make the flight relaxed and satisfying.

Global Aircraft Lighting Market

Based on aircraft type, the market has been segmented into commercial, military, and business aviation. The commercial aviation segment is expected to lead the market during the forecast period. With an increase in disposable income and worldwide tourism, commercial aircraft are being manufactured to meet the growing travel demand. Moreover, due to globalization, many countries are carrying out trade using air transport. These factors are likely to propel the demand for commercial aircraft during the forecast period.

North America is expected to lead the market during the forecast period. Two of the large aircraft manufacturers, Boeing (US) and Bombardier (Canada) are present in this region. Hence, the demand for aircraft lighting is expected to rise during the forecast period. Moreover, the US military expenditure is the highest in the world and the demand for aircraft lighting is high from the military aviation aircraft type segment.

Key Factors Impacting Market Growth:

  • High demand from commercial aircraft to enhance passenger experience
  • Growth of tourism industry
  • Globalization leading to the use of air-cargo to transport goods in less time
  • Rising demand for military application

Key Developments:

  • In November 2016, Rockwell Collins acquired B/E Aerospace. This acquisition will help Rockwell Collins to expand the range of product offerings to major commercial and business aircraft and strengthen its customer base internationally
  • In November 2018, United Technologies (UTC) acquired Rockwell Collins. This was one of the largest acquisitions in the history of the aerospace manufacturing industry. Through this acquisition, Rockwell Collins will become Collins Aerospace in a combined re-structuring with United Technologies 

What This Study Provides:

  • Global market and submarket forecast covering the period of 2016 to 2028, with accompanying analysis
  • Regional market and submarket forecast covering the period of 2016 to 2028, with accompanying analysis
  • National market and submarket forecast covering the period of 2016 to 2028, with accompanying analysis
  • Extensive details and analysis of contracts, projects, and program
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • Analysis of game-changing technological trends and how these will shape the industry
  • Explanation or political, regulatory and technical factors to consider
  • Barriers to entry analysis for markets around the world
  • Profiles of leading companies operating within the sector with market share analysis
  • SWOT analysis of the market, together with the opportunities available and the key threats faced
  • Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • Market conclusions & recommendations

Market Segmentation:

By Lighting Type:

  • Interior
    • Ceiling & Wall Lights
    • Signage Lights
    • Reading Lights
    • Lavatory Lights
    • Floor Path Lights
    • Others
  • Exterior
    • Landing Lights
    • Position Lights
    • Cargo & Service Lights
    • Runway Turn Off Lights
    • Logo Lights
    • Wings & Engine Inspection Lights
    • Emergency Lights
    • Takeoff Lights
    • Anti-Collision Lights
    • Others

By Aircraft Type:

  • Commercial Aviation
    • Narrow Body Aircraft
    • Wide Body Aircraft
    • Very Large Aircraft
    • Business Jets
    • Regional Transport Aircraft
    • Others
  • Military Aviation
    • Military Helicopters
    • Fighter Jets
    • Others
  • Business Aviation
    • Business Jets
    • Ultra-Light Aircraft
    • Others

By Platform:

  • Fixed Wing
  • Rotary Wing

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Lighting Type
    • By Aircraft Type
    • By Platform
  • Western Europe
    • By Country (Germany, UK, France, Spain, Rest of Western Europe)
    • By Lighting Type
    • By Aircraft Type
    • By Platform
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Lighting Type
    • By Aircraft Type
    • By Platform
  • Asia Pacific
    • By Country (China, Japan, India, Rest of Asia Pacific)
    • By Lighting Type
    • By Aircraft Type
    • By Platform
  • Middle East
    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
    • By Lighting Type
    • By Aircraft Type
    • By Platform
  • Rest of the World
    • By Region (Latin America, Brazil, Rest of the World)
    • By Lighting Type
    • By Aircraft Type
    • By Platform

Companies Covered: Honeywell International Inc., Diehl Stiftung & Co. KG, Astronics, Zodiac Aerospace, Rockwell Collins, United Technologies Corporation, STG Aerospace Ltd., B/E Aerospace Inc., and Oxley Holdings Ltd…

 

Years Considered In The Study

Historic Year

2016, 2017

Base Year

2018

Forecast Period

2019-2028 

CAGR % (2019-2028)

5.8

 

Key Questions Answered By This Report:

  • How is the aircraft lighting market evolving?
  • What is driving and restraining aircraft lighting dynamics?
  • How will each aircraft lighting submarket segment grow over the forecast period and how much Sales will these submarkets account for in 2028?
  • How will market shares of each aircraft lighting submarket develop from 2019-2028?
  • Which aircraft lighting submarket will be the main driver of the overall market from 2019-2028?
  • How will political and regulatory factors influence regional aircraft lighting markets and submarkets?
  • Will leading national aircraft lighting broadly follow macroeconomic dynamics, or will individual country sectors outperform the rest of the economy?
  • How will market shares of the national markets change by 2028 and which nation will lead the market in 2028?
  • Who are the leading players and what are their prospects over the forecast period?
  • How will the sector evolve as alliances form during the period between 2019 and 2028?

Reasons to Buy This Report:

  • Market size estimation of the aircraft lighting market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

For more information, contact: [email protected]

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