Global Aircraft Exterior Lighting Market
Tamaño del mercado en miles de millones de dólares
Tasa de crecimiento anual compuesta (CAGR) : %
Período de pronóstico |
2024 –2031 |
Tamaño del mercado (año base) |
USD 158.30 Billion |
Tamaño del mercado (año de pronóstico) |
USD 235.70 Billion |
Tasa de crecimiento anual compuesta (CAGR) |
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Jugadoras de los principales mercados |
Global Aircraft Exterior Lighting Market, By Aircraft Type (Commercial Aviation, Business Jets and General Aviation, Military Aviation, Helicopters), Light Type (Interior Lights, Exterior Lights), Light Source (Led, Fluorescent), Fit Type (Line Fit, Retro Fit), End User (Commercial, Military), Sales Channel (Original Equipment Manufacturer (OEM), Aftermarket) - Industry Trends and Forecast to 2031.
Aircraft Exterior Lighting Market Analysis and Size
Increasing number of passengers and their preference towards air transport, improving financial status along with rising growth of the aviation sector across the globe, increase in aircraft demand and a shift from incandescent lights to LED lights, rising need of lighting products with longer life Increasing production rates of key commercial and regional aircraft are some of the major as well as vital factors which will likely to augment the growth of the aircraft lighting market. On the other hand, rising demand for non-electrical floor path lighting to reduce aircraft weight, growing number of urban air mobility platforms along with technological advancements in the interior lighting system which will further contribute by generating massive opportunities that will lead to the growth of the aircraft lighting market.
Data Bridge Market Research analyzes that the global aircraft exterior lighting market is valued at USD 158.3 million in 2023 and is expected to reach USD 235.7 million by 2031, registering a CAGR of 5.1% during the forecast period of 2024-2031. “Commerical aviation” segments accounts the highest market share due to the increasing usage of software as a services tools among the consumer. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2024-2031 |
Base Year |
2022 |
Historic Years |
2021 |
Quantitative Units |
Revenue in USD million, Volumes in Units, Pricing in USD |
Segments Covered |
By Aircraft Type (Commercial Aviation, Business Jets and General Aviation, Military Aviation, Helicopters), Light Type (Interior Lights, Exterior Lights), Light Source (Led, Fluorescent), Fit Type (Line Fit, Retro Fit), End User (Commercial, Military), Sales Channel (Original Equipment Manufacturer (OEM), Aftermarket) |
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of the Middle East and Africa |
Market Players Covered |
Astronics Corporation (U.S.), Cobham Limited (U.S.), Diehl Stiftung & Co. KG; (U.S.), Heads Up Technologies(U.S), Safran (U.S.), Oxley Group(U.S.), Collins Aerospace(U.S.), SODERBERG MANUFACTURING COMPANY INC. (U.S.) |
Market Opportunities |
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Market Definition
Aircraft lighting is a critical part of the framework of aviation. It provides the operation of the aircraft with protection, visibility, and accurate navigation. Various technology-based advances have been carried out that boost performance and fuel consumption. These lights provide pilots in the cockpit with good vision to prevent a crash and to correct the direction in harsh climatic conditions
Global Aircraft Exterior Lighting Market Dynamics
Drivers
- Growing Adoption of Mood Lighting
Currently, global players in the market are constantly focusing on developing new technologies such as mood lighting. The mood lighting in the cabin of the airplane can be used for boarding, dining, and other such scenarios. It can modify the appearance and ambience of the cabin creating pleasant, warm surrounding for the passengers. These mood lightings are made by fitting various colored LED lights in the seats and in the cabin of the airplane. In 2017, Brussels Airlines launched Tomorrowland themed plane Amare in that mood lighting was used to create ambience of the Tomorrowland festival for the passengers. Moreover, many airlines started upgrading their existing interiors with mood lighting.
Thus, growing adoption of mood lighting may contribute to the growth of the aircraft lighting market, during the forecast period.
Opportunities
- Increasing use of advanced technologies
Artificial intelligence and machine will truly benefit the market in the long run. Such advanced technologies offer greater degree of security and safeguards the crucial information of the user. Advanced analytics and video analytics offer security and safety against proactive risks and therefore, this will spread a positive word of mouth for the transaction monitoring technology on a global scale.
- Growth and expansion
Growth and expansion of banking and financial services industry especially in the developing economies will present very many opportunities for the growth of the market. Additionally, the increasing trend of digitalization further offers numerous growth opportunities within the market. Rising number of end users on daily basis, both at large and small scale and complete digitization of operations will also work in favor of the market.
Restraints/Challenges
- Lack of technical expertise
Lack of expert knowledge and technical expertise and lack of awareness especially in the underdeveloped economies will create hurdles for the market in regards to the smooth growth in the market value. In addition, the stringent regulations imposed on the market concerned with the privacy of the general public will further derail the market growth rate.
- High Up-Front Cost of LED Lights
Currently LED lights are costly, price per lumen, compared to other types of light sources. The LEDs are more frequently used in the airplane than most of the conventional technologies which results in higher initial capital investment in the lightings. Although the high cost of the LEDs is counterbalanced by less energy consumption and less maintenance cost. The manufacturers of the LEDs may work upon reducing production cost of the LEDs and improving the output light of the lights.
This market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on aircraft lighting market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In July 2023, French aerospace firm Thales has entered exclusive negotiations to acquire cockpit radio and satcom specialist Cobham Aerospace Communications for around $1.1 billion
Global Aircraft Exterior Lighting MarketScope
The aircraft exterior lighting market is analysed and market size, volume information is provided by aircraft type, light type, light source, fit type, sales channel and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Aircraft Type
- Commercial Aviation
- Business Jets and General Aviation
- Military Aviation
- Helicopters
- Wearables
Light Type
- Interior Lights
- Exterior Lights
Light Source
- Led
- Fluorescent
Fit Type
- Line Fit
- Retro Fit
End User
- Commerical
- Military
Sales Channel
- Orginal Equipment Manufacturer (OEM)
- Aftermarket
Global Aircraft Exterior Lighting MarketRegion Analysis/Insights
The aircraft exterior lighting market market is analyzed and market size information is provided by country, aircraft type, light type, light source, fit type, end user, and sales channel as referenced above.
The countries covered in the market report are U.S., Canada, Mexico, Brazil, Argentina, rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, and rest of the Middle East and Africa.
North America is expected to dominate the market due to the rise in passenger traffic, increase in demand for aircraft lights along with prevalence of various aircraft manufacturers in the region.
Asia-Pacific region is expected to show significant growth due to the surging levels of foreign investment along with the rise in passenger traffic in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data..
Semiconductor Infrastructure growth Installed base and New Technology Penetration
The aircraft exterior lighting market also provides you with a detailed market analysis for every region’s growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the global artificial intelligence in marketing market, the impact of technology using lifeline curves, and changes in battery regulatory scenarios and their impact on the variable frequency drive market. The data is available for the historic period 2010-2020.
Competitive Landscape and Global Aircraft Exterior Lighting MarketShare Analysis
The aircraft exterior lighting marketis analyzed, and market size information is provided by country, product type & application. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the aircraft exterior lighting market.
Some of the major players operating in the aircraft exterior lighting market are
- Astronics Corporation (U.S.)
- Cobham Limited (U.S.)
- Diehl Stiftung & Co. KG (U.S.)
- Heads Up Technologies(U.S.)
- Safran (U.S.)
- Oxley Group (U.S.)
- Collins Aerospace (U.S.)
- SODERBERG MANUFACTURING COMPANY INC. (U.S.)
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Metodología de investigación
La recopilación de datos y el análisis del año base se realizan utilizando módulos de recopilación de datos con muestras de gran tamaño. La etapa incluye la obtención de información de mercado o datos relacionados a través de varias fuentes y estrategias. Incluye el examen y la planificación de todos los datos adquiridos del pasado con antelación. Asimismo, abarca el examen de las inconsistencias de información observadas en diferentes fuentes de información. Los datos de mercado se analizan y estiman utilizando modelos estadísticos y coherentes de mercado. Además, el análisis de la participación de mercado y el análisis de tendencias clave son los principales factores de éxito en el informe de mercado. Para obtener más información, solicite una llamada de un analista o envíe su consulta.
La metodología de investigación clave utilizada por el equipo de investigación de DBMR es la triangulación de datos, que implica la extracción de datos, el análisis del impacto de las variables de datos en el mercado y la validación primaria (experto en la industria). Los modelos de datos incluyen cuadrícula de posicionamiento de proveedores, análisis de línea de tiempo de mercado, descripción general y guía del mercado, cuadrícula de posicionamiento de la empresa, análisis de patentes, análisis de precios, análisis de participación de mercado de la empresa, estándares de medición, análisis global versus regional y de participación de proveedores. Para obtener más información sobre la metodología de investigación, envíe una consulta para hablar con nuestros expertos de la industria.
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