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3. Aircraft Lighting Companies - Astronics (US), Cobham (US) are the Key Players

The size of the aircraft lighting market is expected to grow from USD 826 million in 2020 to USD 1,987 billion by 2030, at a CAGR of 9.2% from 2020 to 2030. The rise in aircraft orders across the globe and an efficient alternative to incandescent lights are some of the major factors driving this market.

Major Aircraft Lighting Companies Include:

• Astronics (US)
• Cobham (US)
• Honeywell (US)
• Luminator Technology Group (US)
• Collins Aerospace (US)

These players have adopted various strategies, such as new product launches & developments, contracts, agreements, partnerships, acquisitions, and expansions, to increase their foothold in the aircraft lighting market. Of these, new product developments, partnerships, and contracts were the major strategies adopted by market players between 2016 and 2020 to help them expand their product portfolio with innovative products and, consequently, enhance their customer base.

To know about the assumptions considered for the study download the pdf brochure

Astronics (US) is a leading manufacturer and supplier of aircraft lighting products across the globe. In March 2019, the company launched Nuancia RGBW Strip Lights, a lighting system that provides multiple lighting options for aircraft seats and cabins. The objective of this development was to expand its aircraft lighting product portfolio with innovative strip lights. In October 2018, Astronics received a long-term contract with Jamco Corporation (Japan), to provide seat motion and lighting systems for Jamco’s Venture Seat Program. This helped Astronics in expanding its customer base in Japan.

Collins Aerospace (US) is majorly focusing on developing new aircraft interior lights for the end-users such as aircraft OEMs and airlines, globally. For instance, in April 2019, the company launched uLED Reading Light, a small reading and dome light that can deliver more than 75,000-hour lifespan. This development will help the company in expanding its LED lights product portfolio with a highly durable interior lights. In April 2017, Collins Aerospace acquired B/E Aerospace for USD 8.6 billion. With this acquisition, the company’s product portfolio has expanded with a wide range of cabin interior products for commercial aircraft and business jets, including seating, food and beverage preparation, and storage equipment, lighting, and oxygen systems, and modular galley and lavatory systems.

Diehl Stiftung (Germany) is a manufacturer and supplier of aircraft lights across the globe. The company is majorly focusing on collaborating with major aircraft OEMs to become the market leader in developing smart cabins. For instance, in April 2019, Diehl Stiftung partnered with Boeing (US) and Etihad Engineering (UAE) to launch iCabin Research project to develop smart cabins that could connect cabin applications such as lavatories, galleys, and seating without cabling. These strategies will help Diehl in converting its traditional cabins to smart cabins in the upcoming years, thereby enhancing its customer base in the aviation industry, globally. In November 2018, Diehl Stiftung entered into an agreement with AVIC Cabin Systems Co. Ltd. (China) to provide aircraft lighting products to the company. It helped Diehl in increasing its aircraft lighting customer base in China.

Related Reports:

Aircraft Lighting Market by Aircraft Type (Commercial, Military, Business Jets & General Aviation, Helicopters), Light Source (LED, Fluorescent), Light Type (Interior Lights, Exterior Lights), End User (OEM, Aftermarket), Region-Global Forecast to 2030

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]