Aircraft Cabin Lighting Market size and Key Trends in terms of volume and value 2020-2027
Aircraft Cabin Lighting Market Insights:
The GMI Research report provides an overall outlook of the industry through a detailed market segmentation. The report offers thorough information related to the overview and scope of the market, including the market drivers, restraints and emerging trends in the industry. This report is especially designed to include both qualitative and quantitative aspects of the industry in each region and country participating in the study.
Competitive Rivalry of the Aircraft Cabin Lighting Market:
The leading players in the aircraft cabin lighting market include Honeywell International Inc., Zodiac Aerospace, Cobham Limited, Diehl Stiftung & Co., Collins Aerospace, Astronics Corporation, Luminator, Soderberg Manufacturing Company Inc., Heads Up Technologies, and STG Aerospace Limited, among others.
Drivers of the Aircraft Cabin Lighting Market:
The strong demand for overhaul and repair services for aircraft lighting, rising passenger traffic in the air, increasing demand for traditional retrofit light, and emerging demand for new aircraft are some other factors boosting the growth of the global aircraft cabin lighting market. The cabin lighting market is witnessing an upsurge in growth due to the high demand for the aircraft and aftermarket maintenance. The lavatory lights are lighter in weight and have innovative specifications that can be changed as per service class or aircraft type. This factor has fuelled the demand for these lights in recent years. The growing environmental concerns, such as carbon emission, are further propelling the demand for LED lights.
Increases in demand for interior lighting systems, as most airline companies are improving their cabin interiors to offer better service to their passengers, will further bring new opportunities for the growth of the market. On the other hand, the major factors hampering the growth of the aircraft cabin lighting market include the global economic uncertainty and the rising backlog of aircraft deliveries.
Based on the region, Asia-Pacific is expected to grow at a higher CAGR during the forecast period due to increasing aircraft manufacturers, such as COMAC (China), and Mitsubishi Aircraft (Japan), among others. Moreover, the strong demand for new aircraft to cater to the growing air passenger traffic and high investments made by airline companies in developing economies such as India and China are projected to bolster the growth of the market for aircraft cabin lights in this region.
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Market Segmentation:
The main objective of the study is to define market sizes of the different market segments & countries during the forecast period and analyze the values in the next six years. The detailed segments and sub-segments of the market are explained below:
Breakup by Aircraft Type:
- Narrow Body Aircraft
- Wide Body Aircraft
- Very Large Aircraft
- Regional Transport Aircraft
- Business Jets
Breakup by Light Type:
- Reading Lights
- Ceiling & Wall Lights
- Signage Lights
- Floor Path Lighting Strips
- Lavatory Lights
Breakup by Components:
- Light Source
- Electronics & Sensors
- Others
Breakup by Class:
- Business Class
- First Class
- Premium Economy Class
- Economy Class
Breakup by Exterior Lights:
- Emergency Lights
- Position Lights
- Wings & Engine Inspection Lights
- Anti-Collision Lights
- Landing Lights
- Take-Off Lights
- Runway Turn-Off Lights
- Cargo & Service Lights
- Search Lights
Breakup by End-User:
- Original Equipment Manufacturer
- Aftermarket
Breakup by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
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