Aircraft Lighting Market

Aircraft Lighting Market worth $3.9 billion by 2027

The report "Aircraft Lighting Market by Aircraft Type (Commercial, Military), Platform (Fixed, Rotary), Light Type (Interior, Exterior), Vendor (OEM, Aftermarket), Global Forecast to 2027", is projected to grow from USD 2.5 billion in 2019 to USD 3.9 billion by 2027, at a CAGR of 5.5% from 2019 to 2027. Increase in aircraft orders, increased passenger traffic in aviation industry, and increased upgradation of aircraft field are some of the key factors driving the aircraft lighting market

Browse 313 market data Tables and 59 Figures spread through 258 Pages and in-depth TOC on "Aircraft Lighting Market - Global Forecast to 2027"
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Interior light segment projected to grow at highest CAGR from 2019 to 2027

The interior light in the aircraft lighting market is estimated to be the fastest-growing segment during the forecast period.  The growth is attributed to upgradation of existing aircraft and LED technology which has become more sophisticated and inexpensive, it will lead to further integration of mood lighting, not just for the aesthetics, but also to artificially alter a passenger’s perception of how long a day or night is. LED’s are highly flexible, which can enable the mood lighting, and that it can be fit easily in the cabin has led to high adoption by airlines.

Cabin Lighting Trends

  • Mood Lighting and Projections

Mood lighting is the latest trend in the aircraft interior lighting market. This lighting system provides a simulated lighting environment, changing the lighting spectrum from day to night. Lighting schemes provide different variants to help fliers relax and be more at ease during flight.

  • Drop-in Mood Lighting

The Cobalt Aerospace has invented a new technology called Virtual Light Modes (VLMs). VLM provides 20 additional modes of scenery compared to other standard aircraft configuration which offers limited number of control modes such as bright, dim, and off. The company has more than 25 years of experience in developing and certifying cabin lighting products. Cobalt is very confident about VLM performance, quality and expects to be installed in airlines soon.

Commercial aviation segment projected to grow at highest CAGR from 2019 to 2027.

Based on aircraft type, the commercial aviation segment is projected to grow at the highest CAGR during the forecast period.  According to the leading aircraft manufacturers, such as Boeing (US) and Airbus (France), the demand for new aircraft is expected to increase across the globe in the coming years due to the growing air passenger traffic and replacement of aging aircraft by different airlines, worldwide. This segment’s growth can also be attributed to an increasing demand for narrow body aircraft from low-cost carriers in emerging economies.

Aircraft Lighting Market

Fixed wing aircraft commercial and military segment projected to grow at highest CAGR from 2019 to 2027

Based on platform, the fixed wing segment in the aircraft lighting market is projected to grow at the highest CAGR during the forecast period. The demand for fixed wing aircraft, such as narrow and wide body aircraft is growing in the commercial aviation market. The demand for rotary wing aircraft is projected to grow in the military sector due to the increasing use for the transportation of troops and other medical emergency services. Factors such as demand for lightweight lighting components, technologically enhanced aircraft lighting, and the airlines’ aim to deliver the best passenger experience are influencing the aircraft lighting market.

Aircraft Lighting Market

Aftermarket segment projected to grow at highest CAGR from 2019 to 2027

Based on fit, the aftermarket segment in the aircraft lighting market is projected to grow at the highest CAGR during the forecast period. All major companies are focusing on aftermarket and Maintenance Repair and Overhaul (MRO) services for lighting. Several airlines MROs are looking at expanding their in-house maintenance capabilities which includes AirAsia, Malaysian Airlines and Gameco. The independent MROs such as GMF AeroAsia and Sapura Technics, are also expanding. Most airlines customize their lighting during the installation phase before the aircraft is delivered. Installation during this stage is done either by lighting providers, aircraft manufacturers, or by third parties. The increasing focus on enhancing passenger experience is the major reason for the growth in the aftermarket segment of the aircraft lighting market.

Asia Pacific aircraft lighting market projected to grow at highest CAGR from 2019 to 2027

Asia Pacific is expected to be the fastest-growing market during the forecast period. The growth is largely due to an increase in passenger traffic for air travel in emerging countries such as India and China and rise in commercial aircraft manufacturers in the region. According to Aviation Week’s MRO, India is expected to grow at highest CAGR w.r.t to aircraft fleet growth till 2028. In India the demand for the aftermarket industry is estimated to be USD 24 Billion. As per the Indian government estimation, around 90% of MRO for Indian airlines is outsourced to other countries, due to which Indian airlines have set the goal to have 90% of their MRO work done from India.

 Major players operating in the inertial navigation system market include Zodiac Aerospace (France), United Technologies (US), Diehl Stiftung & Co. KG (Germany), Rockwell Collins (US), and Honeywell (U.S.). These key players offer various aircraft light types including reading lights, ceiling lights, lavatory lights, signage lights, and wall lights. These companies have well equipped manufacturing facilities and strong distribution networks across North America, Europe, and the Asia Pacific. 

Study Coverage

This report segments the aircraft lighting market based on light type, (reading light, ceiling and wall lights, signage light, floor path strips, and lavatory lights) and exterior light (position lights, landing lights, wings & engine inspection lights, runway turn off lights, logo light, anti-collision lights, cargo and service lights, emergency lights and takeoff lights). Based on aircraft type, the market is segmented into commercial aviation (narrow body aircraft, wide body aircraft, very large aircraft, and regional transport aircraft), military aviation (fighter jet, military helicopter). Based on platform (fixed wing and rotary wing). Based on vendor (OEM, and aftermarket). The aircraft lighting market has been studied for North America, Europe, Asia Pacific, Middle East and Rest of the World.

The competitive landscape chapter provides an overview of the prevailing competitive scenario and benchmarking of growth strategies adopted by of key players. This chapter offers a brand analysis and rank analysis of top players in aircraft lighting industry.

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Report Code
AS 2703
PR Published ON
7/2/2019
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