Rise in demand for interior lights is one of the significant factors driving the aircraft cabin lighting market.
The aircraft cabin lighting market is projected to grow from an estimated USD 1.46 billion in 2017 to USD 2.00 billion by 2022, at a CAGR of 6.48% during the forecast period. This growth can be attributed to factors, such as increased demand for interior light systems, as most of the airlines are upgrading their cabin interiors to increase efficiency and provide better service to passengers. However, the lack ofprofitable airlines in emerging economies is expected to restrain the growth of this market.
Based on end user, the aftermarket segment is projected to account for the larger share of the aircraft cabin lighting market during the forecast period.
Based on end user, the aftermarket segment is estimated to account for the largest share of the aircraft cabin lighting market in 2017. The aftermarket phase is one of the crucial phases of the aircraft cabin lighting market, as post-delivery retrofit modification is done by the airlines. All major companies are focusing on aftermarket and Maintenance, Repair and Overhaul (MRO) services for cabin lighting.
North America is estimated to account for the largest share in the aircraft cabin lighting market in 2017 and Asia Pacific is projected to grow at the highest CAGR during the forecast period.
North America is estimated to account for the largest share in the aircraft cabin lighting market in 2017. Major aircraft manufacturers, such as Boeing (US), Lockheed Martin (US), Bombardier (Canada), Bell Helicopter (US), Sikorsky Aircraft (US), BAE Systems (UK), The Raytheon Company (US), and General Dynamics (US), among others, are based in this region, and thus generate high demand for aircraft cabin lights. North America is projected to lead the aircraft cabin lighting market during the forecast period, in terms of market share. The Asia Pacific aircraft cabin lighting market is projected to grow at the highest CAGR during the forecast period, owing to the presence of emerging aircraft manufacturers, such as COMAC (China) and Mitsubishi Aircraft (Japan), among others. The Asia Pacific market has witnessed strong growth in the past few years, mainly due to the rising air passenger traffic. The growth in air passenger traffic has resulted in the increased demand for aircraft cabin lights, and this trend is expected to continue over the next five years.
Break-up of profile of primary participants in the aircraft cabin lighting market:
- By Company Type: Tier 1 - 30%, Tier 2 - 35%, and Tier 3 - 35%
- By Designation: C Level - 32%, Director Level - 38%, and Others - 30%
- By Region: Asia Pacific - 27%, Europe - 18%, North America - 46%, and RoW - 9%
Major companies profiled in the report include Zodiac Aerospace (France), Cobham (UK), Diehl Stiftung (Germany), and Honeywell (US), among others.
Research Coverage:
This research report categorizes the aircraft cabin lighting market on the basis of light type (reading light, ceiling & wall lights, signage light, floor path strips, lavatory lights), aircraft type (narrow body aircraft, wide body aircraft, very large aircraft, business jets, regional transport aircraft), and end user (OEM, aftermarket). These segments and subsegments have been mapped across major regions, namely, North America, Europe, Asia Pacific, Middle East, Latin America, and Africa.
Reasons to buy this report:
From an insight perspective, this research report has focused on various levels of analyses —industry analysis (industry trends), market share analysis of top players, competitive leadership mapping matrix, and company profiles, which together comprise and discuss basic views on the competitive landscape, emerging and high-growth segments in the aircraft cabin lighting market, high-growth regions, and market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on aircraft cabin lighting offered by the top players in the market
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the aircraft cabin lighting market
- Market Development: Comprehensive information about lucrative markets - the report analyzes the aircraft cabin lighting market across varied regions
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the aircraft cabin lighting market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the aircraft cabin lighting market
Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Geographic Scope
1.3.2 Years Considered for the Study
1.4 Currency & Pricing
1.5 Limitations
1.6 Market Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Aircraft Cabin Lighting Market
4.2 Aircraft Cabin Lighting Market Growth, By Aircraft Light Type
4.3 Aircraft Cabin Lighting Market, By Aircraft Type
4.4 Aircraft Cabin Lighting Market, By End Use
4.5 Asia Pacific: Aircraft Cabin Lighting Market By Aircraft Type and Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Aircraft Deliveries
5.2.1.2 Efficient Alternatives to Existing Interior Lights
5.2.2 Opportunities
5.2.2.1 Lightweight and Energy Efficient Lights
5.2.2.2 New Aircraft Interior Lighting System Technology
5.2.3 Challenges
5.2.3.1 Existing Backlog of Aircraft Deliveries
6 Industry Trends
6.1 Introduction
6.2 Supply Chain Analysis
6.2.1 Prominent Companies
6.2.2 Small and Medium Enterprises
6.2.3 End Users (Aircraft Manufacturers & Airline Companies
6.3 Key Influencers
6.4 Emerging Trends
6.5 Porter’s Five Force Analysis
6.5.1 Threat of New Entrants
6.5.2 Threat of Substitutes
6.5.3 Bargaining Power of Suppliers
6.5.4 Bargaining Power of Buyers
6.5.5 Intensity of Competitive Rivalry
7 Aircraft Cabin Lighting Market, By End User
7.1 Introduction
7.2 Original Equipment Manufacturer
7.2.1 Original Equipment Manufacturer, By Aircraft Type
7.3 Aftermarket
7.3.1 Aftermarket, By Aircraft Type
8 Aircraft Cabin Lighting Market, By Light Type
8.1 Introduction
8.2 Reading Lights
8.2.1 Reading Lights, By End User
8.3 Ceiling & Wall Lights
8.3.1 Ceiling & Wall Lights, By End User
8.4 Signage Lights
8.4.1 Signage Lights, By End User
8.5 Floor Path Lighting Strips
8.5.1 Floor Path Lighting Strips, By End User
8.6 Lavatory Lights
8.6.1 Lavatory Lights, By End User
9 Aircraft Cabin Lighting Market, By Aircraft Type
9.1 Introduction
9.2 Narrow Body Aircraft
9.2.1 Narrow Body Aircraft, By Light Type
9.3 Wide Body Aircraft
9.3.1 Wide Body Aircraft, By Light Type
9.4 Very Large Aircraft
9.4.1 Very Large Aircraft, By Light Type
9.5 Regional Transport Aircraft
9.5.1 Regional Transport Aircraft, By Light Type
9.6 Business Jets
9.6.1 Business Jets, By Light Type
10 Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.3 Europe
10.3.1 UK
10.3.2 Germany
10.3.3 France
10.3.4 Italy
10.3.5 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 Russia
10.4.3 Japan
10.4.4 India
10.4.5 Australia
10.4.6 Rest of Asia Pacific
10.5 Latin America
10.5.1 Brazil
10.5.2 Mexico
10.5.3 Rest of Latin America
10.6 Middle East
10.6.1 UAE
10.6.2 Saudi Arabia
10.6.3 Rest of the Middle East
10.7 Africa
10.7.1 South Africa
10.7.2 Egypt
10.7.3 Rest of Africa
11 Competitive Landscape
11.1 Overview
11.2 Ranking of Players, 2016
11.3 Top Players in Key Region
11.4 Top 3 Developments in the Aircraft Cabin Lighting Market
11.4.1 New Product Launches
11.4.2 Partnerships, Agreements, and Expansions
11.4.3 Contracts
11.4.4 Acquisitions
12 Company Profiles
(Overview, Financial*, Products & Services, Strategy, and Developments
12.1 Overview
12.2 Rockwell Collins
12.3 Zodiac Aerospace
12.4 Honeywell International
12.5 Diehl Stiftung
12.6 United Technologies
12.7 Cobham
12.8 Astronics
12.9 STG Aerospace
12.10 Luminator Technology
12.11 Precise Flight
12.12 Soderberg Manufacturing
12.13 Oxley
12.14 Heads Up Technologies
*Details Might Not Be Captured in Case of Unlisted Companies
13 Appendix
13.1 Discussion Guide
List of Tables
Table 1 Advantages of Led Lighting
Table 2 Top Emerging Trends in the Aircraft Cabin Lighting Market
Table 3 Aircraft Cabin Lighting Market Size, By End User, 2015-2022 (USD Million)
Table 4 Aircraft Cabin Lighting Oem Market Size, By Aircraft Type, 2015-2022 (USD Million)
Table 5 Aircraft Cabin Lighting Oem Aftermarket Size, By Aircraft Type, 2015-2022 (USD Million)
Table 6 Aircraft Cabin Lighting Market, By Light Type, 2015-2022 (USD Million)
Table 7 Aircraft Reading Lights Market, By End User, 2015-2022 (USD Million)
Table 8 Aircraft Ceiling & Wall Lights Market, By End User, 2015-2022 (USD Million)
Table 9 Aircraft Signage Lights Market, By End User, 2015-2022 (USD Million)
Table 10 Aircraft Floor Path Lighting Strips Market, By End User, 2015-2022 (USD Million)
Table 11 Aircraft Lavatory Lights Market, By End User, 2015-2022 (USD Million)
Table 12 Aircraft Cabin Lighting Market Size, By Aircraft Type, 2015-2022 (USD Million)
Table 13 Narrow Body Aircraft Cabin Lighting Market, By Light Type, 2015-2022 (USD Million)
Table 14 Wide Body Aircraft Cabin Lighting Market, By Light Type, 2015-2022 (USD Million)
Table 15 Very Large Aircraft Cabin Lighting Market, By Light Type, 2015-2022 (USD Million)
Table 16 Regional Transport Aircraft Cabin Lighting Market, By Light Type, 2015-2022 (USD Million)
Table 17 Business Jets Aircraft Cabin Lighting Market, By Light Type, 2015-2022 (USD Million)
Table 18 Aircraft Cabin Lighting Market, By Region, 2015-2022 (USD Million)
Table 19 North America Aircraft Cabin Lighting Market, By End User, 2015–2022 (USD Million)
Table 20 North America Aircraft Cabin Lighting Oem Market, By Aircraft Type, 2015–2022 (USD Million)
Table 21 North America Aircraft Cabin Lighting Oem Market, By Light Type, 2015–2022 (USD Million)
Table 22 North America Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 23 North America Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 24 North America Aircraft Cabin Lighting Market, By Country, 2015-2022 (USD Million)
Table 25 US Aircraft Cabin Lighting Market, By End User, 2015–2022 (USD Million)
Table 26 US Aircraft Cabin Lighting Oem Market, By Aircraft Type, 2015–2022 (USD Million)
Table 27 US Aircraft Cabin Lighting Oem Market, By Light Type, 2015–2022 (USD Million)
Table 28 US Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 29 US Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 30 Canada Aircraft Cabin Lighting Market, By End User, 2015–2022 (USD Million)
Table 31 Canada Aircraft Cabin Lighting Oem Market, By Aircraft Type, 2015–2022 (USD Million)
Table 32 Canada Aircraft Cabin Lighting Oem Market, By Light Type, 2015–2022 (USD Million)
Table 33 Canada Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 34 Canada Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 35 Europe Aircraft Cabin Lighting Market, By End User, 2015–2022 (USD Million)
Table 36 Europe Aircraft Cabin Lighting Oem Market, By Aircraft Type, 2015–2022 (USD Million)
Table 37 Europe Aircraft Cabin Lighting Oem Market, By Light Type, 2015–2022 (USD Million)
Table 38 Europe Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 39 Europe Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 40 Europe Aircraft Cabin Lighting Market, By Country, 2015-2022 (USD Million)
Table 41 UK Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 42 UK Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 43 Germany Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 44 Germany Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 45 France Aircraft Cabin Lighting Market, By End User, 2015–2022 (USD Million)
Table 46 France Aircraft Cabin Lighting Oem Market, By Aircraft Type, 2015–2022 (USD Million)
Table 47 France Aircraft Cabin Lighting Oem Market, By Light Type, 2015–2022 (USD Million)
Table 48 France Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 49 France Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 50 Italy Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 51 Italy Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 52 Rest of Europe Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 53 Rest of Europe Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 54 Asia Pacific Aircraft Cabin Lighting Market, By End User, 2015–2022 (USD Million)
Table 55 Asia Pacific Aircraft Cabin Lighting Oem Market, By Light Type, 2015–2022 (USD Million)
Table 56 Asia Pacific Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 57 Asia Pacific Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 58 Asia Pacific Aircraft Cabin Lighting Market, By Country, 2015-2022 (USD Million)
Table 59 China Aircraft Cabin Lighting Oem Market, By Light Type, 2015–2022 (USD Million)
Table 60 China Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 61 China Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 62 Russia Aircraft Cabin Lighting Oem Market, By Light Type, 2015–2022 (USD Million)
Table 63 Russia Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 64 Russia Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 65 Japan Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 66 Japan Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 67 Japan Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 68 India Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 69 India Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 70 Australia Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 71 Australia Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 72 Rest of Asia Pacific Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 73 Rest of Asia Pacific Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 74 Latin America Aircraft Cabin Lighting Market, By End Use, 2015–2022 (USD Million)
Table 75 Latin America Aircraft Cabin Lighting Oem Market, By Aircraft Type, 2015–2022 (USD Million)
Table 76 Latin America Aircraft Cabin Lighting Oem Market, By Light Type, 2015–2022 (USD Million)
Table 77 Latin America Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 78 Latin America Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 79 Latin America Aircraft Cabin Lighting Market, By Country, 2015-2022 (USD Million)
Table 80 Brazil Aircraft Cabin Lighting Market, By End Use, 2015–2022 (USD Million)
Table 81 Brazil Aircraft Cabin Lighting Oem Market, By Aircraft Type, 2015–2022 (USD Million)
Table 82 Brazil Aircraft Cabin Lighting Oem Market, By Light Type, 2015–2022 (USD Million)
Table 83 Brazil Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 84 Brazil Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 85 Mexico Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 86 Mexico Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 87 Rest of Latin America Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 88 Rest of Latin America Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 89 Middle East Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 90 Middle East Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 91 Middle East Aircraft Cabin Lighting Market, By Country, 2015-2022 (USD Million)
Table 92 UAE Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 93 UAE Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 94 Saudi Arabia Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 95 Saudi Arabia Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 96 Rest of the Middle East Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 97 Rest of the Middle East Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 98 Africa Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 99 Africa Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 100 Africa Aircraft Cabin Lighting Market, By Country, 2015-2022 (USD Million)
Table 101 South Africa Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 102 South Africa Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 103 Egypt Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 104 Egypt Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 105 Rest of Africa Aircraft Cabin Lighting Aftermarket, By Aircraft Type, 2015–2022 (USD Million)
Table 106 Rest of Africa Aircraft Cabin Lighting Aftermarket, By Light Type, 2015–2022 (USD Million)
Table 107 Leading Companies Across Various Regions in the Aircraft Cabin Lighting Market
List of Figures
Figure 1 Aircraft Cabin Lighting Market Segmentation
Figure 2 Aircraft Cabin Lighting Market: Research Flow
Figure 3 Aircraft Cabin Lighting Market: Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data Triangulation
Figure 8 Aircraft Cabin Lighting Market, By Light Type, 2017-2022 (USD Million)
Figure 9 Aircraft Lighting Market Size, By Aircraft Type, 2017-2022 (USD Million)
Figure 10 Aircraft Lighting Market Size, By End Use, 2017-2022 (USD Million)
Figure 11 Geographic Analysis: Aircraft Cabin Lighting Market, 2017
Figure 12 Increase in Air Travel Expected to Drive Market Growth From 2017 to 2022
Figure 13 Ceiling and Wall Lights Estimated to Account for the Largest Market Share in 2017
Figure 14 Wide Body Aircraft Segment Projected to Grow at the Highest CAGR During the Forecast Period
Figure 15 Aftermarket Estimated to Lead the Market in 2017
Figure 16 China Estimated to Account for the Largest Share of the Asia Pacific Aircraft Cabin Lighting Market in 2017
Figure 17 Aircraft Cabin Lighting Market: Market Dynamics
Figure 18 Market Demand for Aircraft, By Region
Figure 19 Increase in Aircraft Demand, By Type (2016-2022)
Figure 20 Supply Chain: Direct Distribution is the Most Preferred Strategy of Prominent Aircraft Cabin Lighting Manufacturers
Figure 21 Porter’s Five Forces Analysis: Aircraft Cabin Lighting Market
Figure 22 Aircraft Cabin Lighting Market Size, By End User, 2017-2022 (USD Million)
Figure 23 Aircraft Cabin Lighting Market Size, By Light Type, 2017-2022 (USD Million)
Figure 24 Aircraft Cabin Lighting Market, By Aircraft Type, 2017-2022 (USD Million)
Figure 25 The Asia Pacific Aircraft Cabin Lighting Market is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 26 North America Aircraft Cabin Lighting Market Snapshot
Figure 27 Europe Aircraft Cabin Lighting Market Snapshot
Figure 28 Asia Pacific Aircraft Cabin Lighting Market Snapshot
Figure 29 Companies Adopted Contracts as the Key Growth Strategy Between 2015 and 2017
Figure 30 Top 3 Players in the Aircraft Cabin Lighting Market, 2016
Figure 31 Regional Revenue Mix of Top 5 Market Players
Figure 32 Rockwell Collins: Company Snapshot
Figure 33 Zodiac Aerospace: Company Snapshot
Figure 34 Honeywell International: Company Snapshot
Figure 35 Diehl Stiftung: Company Snapshot
Figure 36 United Technologies: Company Snapshot
Figure 37 Cobham: Company Snapshot
Figure 38 Astronics: Company Snapshot
Executive Summary
Companies Mentioned
- Astronics
- Cobham
- Diehl Stiftung
- Heads Up Technologies
- Honeywell International
- Luminator Technology
- Oxley
- Precise Flight
- Rockwell Collins
- STG Aerospace
- Soderberg Manufacturing
- United Technologies
- Zodiac Aerospace
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 147 |
| Published | February 2018 |
| Forecast Period | 2017 - 2022 |
| Estimated Market Value ( USD | $ 1.46 billion |
| Forecasted Market Value ( USD | $ 2 billion |
| Compound Annual Growth Rate | 6.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 13 |
