Aircraft Lighting Market Outlook, Size and Share| 2031

Coverage: Aircraft Lighting Market covers analysis By System Type (Cockpit Console Lights, Cabin Lights, Cargo Lights, Seat Proximity Lights, and Others); Technology (Traditional Lights, LED Lights, OLED Lights, and Others); Light Type (Interior Lights and Exterior Lights); Fit Type (Line Fit and Retro Fit); Aircraft Type (Fixed Wing and Rotary Wing); End User (Commercial and Military); and Geography

  • Report Code : TIPAD100001369
  • Category : Aerospace and Defense
  • No. of Pages : 150
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Aircraft Lighting Market Outlook, Size and Share| 2031

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The Aircraft Lighting Market size is projected to reach US$ 13.88 billion by 2031 from US$ 8.85 billion in 2023. The market is expected to register a CAGR of 6.8% in 2023–2031.

One of the major trends in the aircraft lighting market includes the demand for improved ambience from the airliners for their respective aircraft fleet. The airlines are focusing on innovating their respective interior ambience of commercial aircraft models to provide enhanced air travel experiences to their respective customers.

Aircraft Lighting Market Analysis

Aircraft lighting market is growing at a healthy growth rate after the significant negative impact during the FY2020 due to the held civil aviation operations caused by the COVID-19 pandemic. However, after the resuming of airline operations in 2021 (in some regions in 2022), the airlines have driven the demand for aircraft lighting through their respective airline maintenance operations for the existing fleets. This is also supported by the rise in demand for air travel from different regions propelled by the introduction of low-cost carriers as well.

 Aircraft Lighting Market Overview

Aircraft lighting market is likely to witness significant growth in the coming years. The growth of the aircraft lighting market is due to some of the below key factors:

  • The rising global aircraft deliveries
  • Increasing demand from aircraft MRO operations due to the rising fleet demanding MRO checks
  • Major backlogs of the major aircraft OEMs
  • Rising electrification of aircraft

These factors are likely to show a significant impact in terms of healthy growth of the aircraft lighting industry.

However, the ongoing geopolitical war between different countries around the world is also likely to impact airline operations in the coming years which will further hamper the aircraft lighting market.

Strategic Insights

Aircraft Lighting Market Drivers and Opportunities

The Rising Global Aircraft Fleet

The rising global aircraft fleet is one of the major factors supporting the demand for aircraft lighting through both the line fit and retrofit segments. The increasing number of aircraft and helicopter deliveries across different regions is driving the demand for lighting systems; specifically, the demand for cabin and cockpit lighting systems. Some of the major aircraft OEMs i.e. Airbus and Boeing, in 2023, delivered around 735 and 528 commercial aircraft in 2023 respectively; compared to 663 and 480 aircraft in 2022. This shows a gradual increase in the number of aircraft delivered in a single year that has driven the majority portion of the aircraft lighting market in 2023.

Future Aircraft Deliveries is Likely to Provide New Future Opportunities

The future deliveries of commercial and military aircraft in the next twenty years are likely to generate huge opportunities for market vendors during the forecast period of 2024 to 2031. For instance, according to the two of the major aircraft OEM giants i.e., Airbus and Boeing, more than 40,800 aircraft are likely to be delivered between 2023-2042. This will further increase the global aircraft fleet size and will generate the opportunity for aircraft lighting from the aftermarket/retrofit segment as well in the coming years.

Aircraft Lighting Market Report Segmentation Analysis

Key segments that contributed to the derivation of the Aircraft Lighting Market analysis are system type, technology, light type, fit type, aircraft type, end-user, and geography.

  • Based on system type, the Aircraft Lighting Market has been segmented into cockpit console lights, cabin lights, cargo lights, seat proximity lights, and others. The cabin lights segment held a larger market share in 2023.
  • By technology, the market has been segmented into traditional lights, LED lights, OLED lights, and others. The LED lights segment held the largest share of the market in 2023.
  • In terms of light type, the market has been segregated into interior lights and exterior lights. The interior light segment dominated the market in 2023.
  • In terms of fit type, the market has been bifurcated into line fit and retrofit. The line fit segment dominated the market in 2023.
  • In terms of end-users, the market has been segmented commercial and military. The commercial segment dominated the market in 2023.

Aircraft Lighting Market Share Analysis by Geography

The geographic scope of the Aircraft Lighting Market report is mainly divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.

North America has dominated the Aircraft Lighting Market in 2023, whereas, the Asia Pacific region is likely to witness significant growth during the forecast period. The market for aircraft lighting is foreseen to witness expeditionary growth in the Asia Pacific region, due to the huge demand for modification or retrofitting of advanced lighting solutions. The Middle East & Africa region is likely to witness a CAGR of around 5.5% during 2023-2031. This is mainly due to the presence of a recognized and large number of commercial aircraft fleets and airlines including Emirates, Qatar Airways, Etihad Airways, and Saudi Arabian Airlines invest significant amounts in the procurement of newer aircraft and also in modification of their existing fleet. The airlines constantly focus on enhancing customer experience, thereby, retrofitting the aircraft with advanced lighting systems is one of the major trends prevailing in the region.

Aircraft Lighting Market News and Recent Developments

The Aircraft Lighting Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for aircraft lighting market and strategies:

  • In October 2023, Aviation Fabricators (AvFab) selected Elliott Aviation subsidiary Prizm Aircraft Products to provide RGBW wash lighting in its King Air 300-series headliner modification product. (Source: AvFab, Press Release/Company Website/Newsletter)
  • In February 2021, Diehl Aerospace, a unit of the leading aircraft component supplier Diehl Aviation, secured a contract extension from Boeing for the delivery of the interior lighting system for the Boeing 787 Dreamliner. (Source: Diehl Stiftung & Co. KG, Press Release/Company Website/Newsletter)

Aircraft Lighting Market Report Scope

Aircraft Lighting Market Report Coverage and Deliverables

The “Aircraft Lighting Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Market dynamics such as drivers, restraints, and key opportunities
  • Key future trends
  • Detailed Porter’s Five Forces analysis
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
  • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
  • Detailed company profiles with SWOT analysis
REGIONAL FRAMEWORK

Aircraft Lighting Market Report Analysis

Aircraft Lighting Market

  • CAGR (2023 - 2031)
    6.8%
  • Market Size 2023
    US$ 1.15 Billion
  • Market Size 2031
    US$ 1.95 Billion

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • Honeywell International Inc
  • Cobham Plc
  • Safran Group
  • STG Aerospace Ltd
  • Raytheon Technologies Corporation
  • Diehl Stiftung & Co. KG
  • Astronics Corporation
  • Oxley Group
  • Bruce Aerospace
  • Luminator Technology Group

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • Middle East and Africa
  • South America

Market Segmentation

By System Type
  • Cockpit Console Lights
  • Cabin Lights
  • Cargo Lights
  • Seat Proximity Lights
  • Others
By Technology
  • Traditional Lights
  • LED Lights
  • OLED Lights
  • Others
By Light Type
  • Interior Lights
  • Exterior Lights
By Fit Type
  • Line Fit and Retro Fit
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
MARKET PLAYERS

Aircraft Lighting Market Report Scope

Report Attribute Details
Market size in 2023 US$ 1.15 Billion
Market Size by 2031 US$ 1.95 Billion
Global CAGR (2023 - 2031) 6.8%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By System Type
  • Cockpit Console Lights
  • Cabin Lights
  • Cargo Lights
  • Seat Proximity Lights
  • Others
By Technology
  • Traditional Lights
  • LED Lights
  • OLED Lights
  • Others
By Light Type
  • Interior Lights
  • Exterior Lights
By Fit Type
  • Line Fit and Retro Fit
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Rest of Europe
Asia-Pacific
  • Australia
  • China
  • india
  • Japan
  • South Korea
  • Rest of Asia-Pacific
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
South America
  • Brazil
  • Argentina
  • Rest of South America
Market leaders and key company profiles
  • Honeywell International Inc
  • Cobham Plc
  • Safran Group
  • STG Aerospace Ltd
  • Raytheon Technologies Corporation
  • Diehl Stiftung & Co. KG
  • Astronics Corporation
  • Oxley Group
  • Bruce Aerospace
  • Luminator Technology Group
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    Type, Technology, and Light Type, Fit Type, Aircraft Type, and End User

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    This text is related
    to country scope.

    • Honeywell International Inc
    • Cobham Plc
    • Safran Group
    • STG Aerospace Ltd
    • Raytheon Technologies Corporation
    • Diehl Stiftung & Co. KG
    • Astronics Corporation
    • Oxley Group
    • Bruce Aerospace
    • Luminator Technology Group

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