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Global Aircraft Lighting Market: About this marketSpeak directly to the analyst to clarify any post sales queries you may have.
The aircraft lighting market analysis considers sales from interior lighting and exterior lighting types. Our study also finds the sales of aircraft lighting in APAC, Europe, MEA, North America, and South America. In 2019, the interior lighting segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as growing focus on enhancing customer comfort and the launch of various advanced interior lighting systems will play a significant role in the interior lighting segment to maintain its market position. Also, our global aircraft lighting market report looks at factors such as the growing popularity of low-cost and low-maintenance lighting solutions, increasing focus of airlines on passenger satisfaction, and rising M&A activities. However, delays in aircraft delivery, long product replacement cycle, and low power of vendors in the market may hamper the growth of the aircraft lighting industry over the forecast period.
Global Aircraft Lighting Market: Overview
Growing popularity of low-cost and low-maintenance lighting solutions
Most of the traditional lighting systems used in aircraft are expensive and require regular maintenance, including the frequent replacement of failed or discolored lighting elements and broken mounting units, thereby increasing the maintenance costs for the global aerospace industry. As a result, vendors in the market have produced LED lighting systems that help in overcoming these issues. LED lights to enhance the passenger appeal owing to their bright and uniform output of light throughout the cabin. Moreover, these lighting systems have a longer lifespan and come in a wide range of colors to suit the design of the cabin interior. Thus, the lower cost of LED lighting systems along with long-life and low maintenance requirements will lead to the expansion of the global aircraft lighting market at a CAGR of over 5% during the forecast period.
Technologically improved lights
The global aircraft lighting market is currently witnessing rapid advances in advanced lighting solutions. Various vendors are investing heavily in the research and development of advanced lighting solutions for both commercial and military aircraft. For instance, Oxley Group is focusing on the development of various technologically advanced lighting solutions for military aircraft, such as complex air refueling lighting systems. The vendor is also investing heavily in the manufacture of specific flash patterns for the formation of anti-collision lights in both visible and infra-red. Market vendors are also conducting various research activities on human-centric lighting and their impact on passengers’ photobiological and photometric response. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global aircraft lighting market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aircraft lighting manufacturers, that include Astronics Corp., BAE Systems Plc, Cobham Plc, Honeywell International Inc., Oxley Group, Safran SA, SCHOTT AG, Soderberg Manufacturing Co. Inc., STG Aerospace Ltd., and United Technologies Corp.
Also, the aircraft lighting market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Table of Contents
PART 01: EXECUTIVE SUMMARYPART 07: CUSTOMER LANDSCAPEPART 09: DECISION FRAMEWORK
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY TYPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
List of Exhibits
Executive Summary
The following companies as the key players in the global aircraft lighting market: Astronics Corp., BAE Systems Plc, Cobham Plc, Honeywell International Inc., Oxley Group, Safran SA, SCHOTT AG, Soderberg Manufacturing Co. Inc., STG Aerospace Ltd., and United Technologies Corp.Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the technologically improved lights.”
According to the report, one of the major drivers for this market is the growing popularity of low-cost and low-maintenance lighting solutions.
Further, the report states that one of the major factors hindering the growth of this market is the delay in aircraft delivery.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Astronics Corp.
- BAE Systems Plc
- Cobham Plc
- Honeywell International Inc.
- Oxley Group
- Safran SA
- SCHOTT AG
- Soderberg Manufacturing Co. Inc.
- STG Aerospace Ltd.
- United Technologies Corp.
