Airline operators have replaced traditional lighting systems with LED (light emitting diode) lights to reduce aircraft weight, fuel usage, and overall operational cost. Technological advancements in LED and Organic LED lighting systems and increase in government investments for aircraft development are expected to drive the market. Increase in demand for aftermarket and maintenance of aircrafts along with the high demand for retrofit lighting systems boost the aircraft cabin lighting market growth.
The global aircraft cabin lighting market is segmented into type of light, fit, aircraft type, and geography. Based on the type of light, the market is divided into wall, floor, ceiling light, reading light, lavatory light, and signage light. Based on the type of fitting, it is classified into line-fit and retrofit. On the basis of the type of aircraft, it is categorized into wide body aircraft, narrow body aircraft, very large aircraft, and regional jets.
The market is analyzed based on four regions, namely North America, Europe, Asia-Pacific, and LAMEA. Among regions, the Asia-Pacific region is projected to grow at the highest CAGR of around 7% during the forecast period, owing to increasing air traffic and technological advancements. Airline operators in the region have replaced old incandescent bulbs with LED lights to reduce weight and fuel costs.
The renowned companies profiled in the report include Diehl Aerospace GmbH, STG Aerospace Ltd, United Technologies Corporation, B/E Aerospace, Inc., Astronics Corporation, Zodiac Aerospace, Honeywell International Inc., Soderberg Manufacturing Company Inc., Aveo Engineering Group, and Cobham PLC. These companies have periodically launched new products and developed novel technologies to cater to the needs and requirements of consumers. Private and public organizations have significantly invested in R&D activities to promote product innovation and development of customized solutions.
The study provides an in-depth analysis of the aircraft cabin lighting market along with current and future trends to elucidate the imminent investment pockets.
Information regarding key drivers, restraints, and opportunities along with their impact analysis on the aircraft cabin lighting market size is provided in the report.
Porter’s Five Forces analysis illustrates the potency of buyers and suppliers operating in the aircraft cabin lighting industry.
The quantitative analysis of the global aircraft cabin lighting market from 2014 to 2022 is provided in the report to determine the aircraft cabin lighting market potential.
Aircraft Cabin Lighting Market Key Segments:
The aircraft cabin lighting market is segmented based on type, fit, aircraft type, and geography.
BY TYPE OF LIGHT
Wall, Floor, and Ceiling
BY AIRCRAFT TYPE
Wide Body Aircraft
Narrow Body Aircraft
Very Large Aircraft
Rest of Europe
Rest of Asia-Pacific
KEY MARKET PLAYERS PROFILED IN THE REPORT
Diehl Aerospace GmbH
STG Aerospace Ltd.
United Technologies Corporation
B/E Aerospace, Inc.
Honeywell International Inc.
Soderberg Manufacturing Company Inc.
Aveo Engineering Group
OTHER MARKET PLAYERS MENTIONED IN THE REPORT
The Boeing Company, StarPort, Airbus Group SE, Mitsubishi, Lufthansa Technik, HelioJet SpectrumCC, BAE Systems
1.1. Report Description
1.2. KEY BENEFITS for stakeholders
1.3. Key market segments
1.4. research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3 MARKET OVERVIEW
3.1. Market Definition
3.2. key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.3. porters five forces analysis
3.3.1. Moderate bargaining power of suppliers
3.3.2. Moderate bargaining power of buyers
3.3.3. Low threat of substitution
3.3.4. Moderate threat of new entrants
3.3.5. Moderate competitive rivalry
3.4. market player positioning, 2015
3.5. market dynamics
184.108.40.206. Surge in the number of air passengers
220.127.116.11. Technological advancements
18.104.22.168. High initial cost
22.214.171.124. High demand among emerging economies
126.96.36.199. Increase in government investments
CHAPTER 4 AIRCRAFT CABIN LIGHTING MARKET, BY TYPE
4.1.1. Market size and forecast
4.2. wall, floor, and ceiling lights
4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast
4.3. reading lights
4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast
4.4. signage lights
4.4.1. Key market trends
4.4.2. Key growth factors and opportunities
4.4.3. Market size and forecast
4.5. lavatory lights
4.5.1. Key market trends
4.5.2. Key growth factors and opportunities
4.5.3. Market size and forecast
CHAPTER 5 AIRCRAFT CABIN LIGHTING MARKET, BY FIT
5.1.1. Market size and forecast
5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast
5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast
CHAPTER 6 AIRCRAFT CABIN LIGHTING MARKET, BY AIRCRAFT TYPE
6.1.1. Market size and forecast
6.2. narrow body aircraft
6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast
6.3. wide body aircraft
6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast
6.4. very large aircraft
6.4.1. Key market trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size and forecast
6.5. regional jets
6.5.1. Key market trends
6.5.2. Key growth factors and opportunities
6.5.3. Market size and forecast
CHAPTER 7 AIRCRAFT CABIN LIGHTING MARKET, BY GEOGRAPHY
7.1.1. Market size and forecast
7.2. North America
7.2.1. Key market trends
7.2.2. Key growth factors and opportunities
7.2.3. Market size and forecast
7.3.1. Key market trends
7.3.2. Key growth factors and opportunities
7.3.3. Market size and forecast
7.3.7. Rest of Europe
7.4.1. Key market trends
7.4.2. Key growth factors and opportunities
7.4.3. Market size and forecast
7.4.7. Rest of Asia-Pacific
7.5.1. Key market trends
7.5.2. Key growth factors and opportunities
7.5.3. Market size and forecast
7.5.4. Latin America
7.5.5. Middle East
CHAPTER 8 COMPANY PROFILES
8.1. Diehl Aerospace GmbH
8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Product portfolio
8.1.4. Business performance
8.1.5. Key strategic moves and developments
8.2. STG Aerospace Ltd.
8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio
8.2.5. Business performance
8.2.6. Key strategic moves and developments
8.3. United Technologies Corporation
8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Operating business segments
8.3.4. Product portfolio
8.3.5. Business performance
8.3.6. Key strategic moves and developments
8.4. B/E Aerospace Inc.
8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Product portfolio
8.4.5. Business performance
8.5. Astronics Corporation
8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Product portfolio
8.5.5. Business performance
8.5.6. Key strategic moves and developments
8.6. Zodiac Aerospace
8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.6.4. Product portfolio
8.6.5. Business performance
8.6.6. Key strategic moves and developments
8.7. Honeywell International Inc.
8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.7.4. Business performance
8.7.5. Key strategic moves and developments
8.8. Soderberg Manufacturing Company Inc
8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Operating business segments
8.8.4. Product portfolio
8.8.5. Business performance
8.8.6. Key strategic moves and developments
8.9. Aveo Engineering Group
8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Product portfolio
8.9.5. Business performance
8.9.6. Key strategic moves and developments
8.10. Cobham PLC
8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Product portfolio
8.10.5. Business performance
8.10.6. Key strategic moves and developments
The installation of aircraft cabin lighting systems is enhanced, owing to increase in air travel. Airline operators are replacing old traditiol lights with LED lights to reduce aircraft weight, reduce fuel cost and increase in efficiency. Traditiol lighting equipment consumes more power, thereby increasing the overall operatiol cost.
The global aircraft cabin lighting market is driven by factors such as increase in air travel, growth in use of energy-efficient lighting systems, rise in demand for retrofit lighting systems, upsurge in competition among existing aircraft operators, increase in focus on enhancing travel experience for passengers, and high demand for aftermarket and maintence of aircraft. However, high costs hamper the market growth. Furthermore, growth in demand for air travel across emerging countries, such as Asia-Pacific and LAMEA, with heavy government investments is expected to present lucrative opportunities for the aircraft cabin lighting market growth.
The wall, floor, and ceiling lighting systems accounted for major market share in 2015, generating $855 million by 2022, registering a CAGR of 6.1%, owing to availability of innovative and energy-efficient lighting systems. Technological advancements in LED and organic LED lighting systems further drive the adoption of these lighting systems. The wall, floor, and ceiling lighting systems market is expected to generate $855 million by 2022, registering a CAGR of 6.1%.
The retrofit lighting system market accounted for the highest share in the global aircraft cabin lighting market in 2015. Retrofit lighting, increases energy savings, improves safety, and offers increased productivity while reduces operation & maintence costs, decreases heat emission of LEDs, and reduces light pollution.
The aircraft cabin lighting system is installed in aircraft such as wide-body aircrafts, rrow-body aircrafts, very large aircrafts, and regiol jets. In 2015, wide-body aircrafts accounted for the highest share in the global aircraft cabin lighting market, and is estimated to reach $808 million by 2022, registering a CAGR of 5.2%. The increase in air traffic in emerging economies of Asia-Pacific and LAMEA drives the wide-body aircraft market. The growth in usage of energy efficient lights in aircraft and high maintence of the aircraft supplement the growth of wide-body aircrafts. The innovation in design & technology by key players provides the wide-body aircraft market an opportunity to strengthen their market position.
North America generated the highest revenue in the global aircraft cabin lighting market in 2015, accounting for $500 million, and is projected to reach $676 million by 2022, registering a CAGR of 4.5% during the forecast period. This is attributed to increase in air traffic and rise in competition among existing aircraft operators and increase in inflow of investment in the defense sector and technological advancements.
Key findings of the Aircraft Cabin Lighting Market:
In 2015, wall, floor, and ceiling lighting systems accounted for the major share in the global market, in terms of revenue, and is projected to grow at a CAGR of 6.1% during the forecast period.
The retrofit lighting system accounted for the highest share of around 56% in 2015.
In 2015, North America generated the highest revenue, accounting for around 35% of the global market.
Asia-Pacific aircraft cabin lighting market is expected to grow at the highest CAGR of 6.6%.
The renowned companies profiled in the report include Diehl Aerospace GmbH, STG Aerospace Ltd, United Technologies Corporation, B/E Aerospace, Inc, Astronics Corporation, Zodiac Aerospace, Honeywell Intertiol Inc., Soderberg Manufacturing Company Inc., Aveo Engineering Group, and Cobham PLC. These companies have consistently launched new products and introduced novel technologies to cater to the requirements of consumers. A significant increase in inflow of investments was observed for R&D activities among private and public organizations to facilitate product innovation and develop customized solutions.
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.