Aircraft Cabin Lighting Market Research Report

Aircraft Cabin Lighting Market:

The GMI Research expects the aircraft cabin lighting market to expand at a significant rate. From a regional perspective, the Asia-Pacific is expected to grow at a higher CAGR due to the strong presence of developing aircraft manufacturers like COMAC (China) and Mitsubishi Aircraft (Japan), along with the rising demand for new aircraft to capture the growing air passenger traffic.

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Aircraft Cabin Lighting Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The growing passenger traffic in the air, the strong demand for overhaul and repair services for aircraft lighting, the increasing demand for traditional retrofit light and new aircraft are the major factors driving the growth of the global aircraft cabin lighting market. There has been an upsurge in the growth of the market owing to the rising demand for maintenance of the aircraft and aftermarket. The lavatory lights are generally lig hter in weight and have various innovative features that can be molded as per the aircraft type or service class. This factor will have a positive influence on the demand for these lights. The growing environmental concerns like carbon emission are further boosting the demand for LED lights.

With the emerging demand for interior lighting systems, a majority of the airline organizations are focusing on their cabin interiors to offer improved service to their passengers, which will further bring various growth opportunities to the market. On the other hand, the factors hindering the growth of the aircraft cabin lighting market include the rising backlog of aircraft deliveries and the global economic uncertainty.

Light Type Segment Drivers

Based on the light type, the market is segmented into reading lights, ceiling & wall lights, signage lights, floor path lighting strips, and lavatory lights. The reading lights segment is anticipated to increase at a faster CAGR in the upcoming years due to the increasing focus on improving the passenger's experience, especially among the major airlines. Currently, traveling by air is considered by the majority of the passengers, which has fuelled the total number of aircraft orders, thereby enhancing the demand of the segment during the forecast period.

Aircraft Cabin Lighting Market’s leading Manufacturers:

·         Honeywell International Inc.

·         Collins Aerospace

·         Cobham Limited

·         Diehl Stiftung & Co.

·         Zodiac Aerospace

·         Astronics Corporation

·         Luminator

·         STG Aerospace Limited

·         Soderberg Manufacturing Company Inc.

·         Heads Up Technologies

Aircraft Cabin Lighting Market Segmentation:

Segmentation by Aircraft Type:

·         Narrow Body Aircraft

·         Wide Body Aircraft

·         Very Large Aircraft

·         Regional Transport Aircraft

·         Business Jets

Segmentation by Light Type:

·         Reading Lights

·         Ceiling & Wall Lights

·         Signage Lights

·         Floor Path Lighting Strips

·         Lavatory Lights

Segmentation by Components:

·         Light Source

·         Electronics & Sensors

·         Others

Segmentation by Class:

·         Business Class

·         First Class

·         Premium Economy Class

·         Economy Class

Segmentation by Exterior Lights:

·         Emergency Lights

·         Position Lights

·         Wings & Engine Inspection Lights

·         Anti-Collision Lights

·         Landing Lights

·         Take-Off Lights

·         Runway Turn-Off Lights

·         Cargo & Service Lights

·         Search Lights

Segmentation by End-User:

·         Original Equipment Manufacturer

·         Aftermarket

Segmentation by Region:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that provides syndicated research reports, consulting services, and customized market research reports. Our reports are based on market intelligence studies to ensure relevant and fact-based research across numerous sectors, including healthcare, automotive, information technology & communication, FMCG, and other industries. GMI Research’s deep understanding related to the business environment helps us in generating objective strategic insights. Our research teams consisting of seasoned analysts and researchers have hands-on experience in various regions, including Asia-pacific, Europe, North America, and the Rest of the World. The market research report offers in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.

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