Global Aircraft 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), Country (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 Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Aircraft Lighting Market
Aircraft lighting market is expected to reach USD 1,267.65 million by 2028 witnessing market growth at a rate of 5.50% in the forecast period of 2021 to 2028. Data Bridge Market Research report on aircraft lighting market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
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.
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 in the projected timeframe of 2021-2028. 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 in the above mentioned projected timeframe.
Increasing levels of economic uncertainty along with longer lifespan of LED lights which will likely to act as market restraints factor for the growth of the aircraft lighting in the above mentioned projected timeframe. High cost of LED and delayed delivery of aircraft which will become the biggest and foremost challenge for the growth of the market.
This aircraft lighting 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.
Global Aircraft Lighting Market Scope and Market Size
Aircraft lighting market is segmented on the basis of aircraft type, light type, light source, fit type, sales channel and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Aircraft lighting market on the basis of aircraft type has been segmented as commercial aviation, business jets and general aviation, military aviation, and helicopters. Commercial aviation has been further segmented into narrow body aircraft, wide body aircraft, very large aircraft, and regional transport aircraft. Business jets and general aviation has been further segmented into business jets, and general aviation. Military aviation has been further segmented into fighter aircraft, and transport aircraft. Helicopters have been further segmented into commercial helicopters, and military helicopters.
- Based on light type, the aircraft lighting market has been segmented into interior lights, and exterior lights. Interior lights have been further segmented into signage lights, ceiling and wall lights, floor path lighting strip, reading lights, and lavatory lights. Exterior lights have been further segmented into emergency lights, navigation lights, wings and engine inspection lights, cargo and service lights, and special purpose lights. Navigation lights have been further sub segmented into position lights, anti-collision lights, landing lights, taxi and takeoff lights, and runway turnoff lights. Special purpose lights have been further sub segmented into search lights, logo lights, and formation lights.
- On the basis of light source, the aircraft lighting market has been segmented into Led, and fluorescent.
- On the basis of fit type, the aircraft lighting market has been segmented into line fit, and retro fit.
- Based on sales channel, the aircraft lighting market has been segmented into original equipment manufacturer (OEM), and aftermarket.
- Aircraft lighting has also been segmented on the basis of end user into commercial, and military.
Aircraft Lighting Market Country Level Analysis
Aircraft lighting market is analysed and market size, volume information is provided by country, aircraft type, light type, light source, fit type, sales channel and end user as referenced above.
The countries covered in the aircraft lighting market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America will dominate the aircraft lighting market due to the rise in passenger traffic, increase in demand for aircraft lights along with prevalence of various aircraft manufacturers in the region while Asia-Pacific region will expect to grow in the forecast period of 2021-2028 due to the surging levels of foreign investment along with 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.
Competitive Landscape and Aircraft Lighting Market Share Analysis
Aircraft lighting market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to aircraft lighting market.
The major players covered in the aircraft lighting market report are Astronics Corporation.; Cobham Limited; Diehl Stiftung & Co. KG; Heads Up Technologies; Safran; Luminator Technology Group.; Oxley Group; Collins Aerospace; SODERBERG MANUFACTURING COMPANY INC.; STG Aerospace Limited; SELA; Bruce Aerospace.; Precise Flight, Inc.; Whelen Aerospace Technologies; AGI Holdings LLC; Madelec Aero; Beadlight Limited; AeroLEDs.; IFE Products; Talon Aerospace, LLC; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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