Report Code: TIPAD100001369 | No. of Pages: 159 | Category: Aerospace and Defense | Status: Prebook
Aircraft lighting system plays a vital role in the overall functioning of aircraft, and it also adds aesthetics to the design of the aircraft. Lighting has a significant impact on the cabin environment, and it enhances the interior of the aircraft. There is continuous development in improving the overall look and design of interior and exterior lighting systems for airplanes. Airline companies are more inclined toward installing LED lighting instead of conventional incandescent, halogen, and fluorescent tube systems considering the overall savings in aircraft maintenance. Technological developments are essential for continuously driving the market as the demand for lights migrates from incandescent to LED lights and other modern-day solutions. Thus, manufacturers in the aircraft lighting market are focused on developing novel systems that facilitate easy installation, longer life that provides lower maintenance, and light weight savings for the aircraft.
LED technology is extensively used among new aircraft, delivering increased power efficiency and extended lifespan with reduced weight. LED lights were adopted in aircraft interiors a few years back; however, there has been significant adoption of these lights in aircraft exteriors with the evolution of OLEDs. This increasing acceptance of OLED lights for the exterior application of aircraft is attributed to airlines seeking the advantages of brighter lights, lower maintenance, and lighter technology. Thus, with the increase in dependence on the aviation industry, the demand for advanced aircraft lighting solutions is expected to rise, which is foreseen to support the growth of the global aircraft lighting market in the coming years.
|Market Size Value in||US$ 1.72 billion in 2022|
|Market Size Value by||US$ 2.36 billion by 2028|
|Growth rate||CAGR of 5.4% from 2022 to 2028|
|No. of Pages||159|
|No. of Tables||32|
|No. of Charts & Figures||90|
|Historical data available||Yes|
|Segments covered||Type, Technology, and Light Type, Fit Type, Aircraft Type, and End User|
|Free Sample Copy Available|
Based on technology, the LED lights segment is expected to account for the largest share of the global aircraft lighting market in 2022. The market for LED lights in the aviation sector is expected to rise exponentially owing to technological advancements and modifications based on the latest regulations by governing organizations, authorities, and associations worldwide. The LED lights have a wide range of applications in commercial and military aircraft, including navigation lights, cabin lights, landing lights, cockpit lights, cockpit console lights, forward flood lights, taxi lights, anticollision lights, strobe lights, landing lights, ground recognition lights, seat proximity lights, cargo lights, and search & rescue lights. The manufacturers of aircraft LED lights are constantly exploring other areas of application of LED lights to to enhance the safety of the pilot, airport personnel, and passengers. Moreover, the rising commercial aircraft production is catalyzing the growth of the LED lights segment of the aircraft lighting market.
From the regional perspective, North America is expected to hold the largest share of the aircraft lighting market in 2022. The presence of major aircraft lighting manufacturing companies across the countries such as the US and Canada is supporting the growth of the aircraft lighting market in North America. The US-based aircraft lighting manufacturing companies include Honeywell International Inc, Collins Aerospace, Astronics Corporation, and Bruce Aerospace Inc. Moreover, the US is the largest military spending country in the world that has the largest fleet of military aircraft platforms worldwide. The US keeps procuring new aircraft models and constantly modifies aircraft fleets depending on their respective military operations. This is another major factor catalyzing the growth of the aircraft exterior lighting market across the region.
Based on system type, the aircraft lighting market is segmented into cockpit console lights, cabin lights, cargo lights, seat proximity lights, and others. The others segment consists of anticollision lights, refueling lights, aircraft step lights, aircraft formation lights, and searchlights. In terms of systems type, the cabin lights segment is expected to be the most prominent segment in 2022, followed by cockpit console lights. The increasing demand for better aesthetics in the aircraft cabin through advanced lighting solutions is driving the market for the cabin lights segment in the current scenario, and the trend is expected to continue in the future. Additionally, various premium airlines are line fitting or retrofitting their aircraft with mood lights, attracting customers, thereby helping the airlines increase their passenger traffic. The increasing passenger traffic is directly proportional to the increase in advanced lighting systems, including mood lights. Referring to these facts, the segment is estimated to grow at a prime rate during the forecast period from 2022 to 2028.
Players operating in the aircraft lighting market are collaboratively working with the end users to cater to the growing demand for aircraft lighting, which is also driven by the rising number of aircraft fleets across different regions.,
Honeywell International Inc, Cobham Plc, Safran, STG Aerospace Ltd, Collins Aerospace, Diehl Stiftung & Co. KG, Astronics Corporation, Oxley Group, Talon Aerospace LLC, and Bruce Aerospace Inc are among the key players operating in the aircraft lighting market. The market report provides detailed market insights, which help the key players strategize growth in coming years.
The List of Companies - Aircraft Lighting Market1. Honeywell International Inc.2. Cobham Plc.3. Zodiac Aerospace4. STG Aerospace5. Rockwell Collins6. Diehl Stiftung & Co. KG7. Astronics Corporation8. Oxley Group9. United Technologies Corporation10. Bruce Aerospace