Global Aircraft Lighting Systems Market

By Author: Rupali Dagade
Total Articles: 446
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Global Aircraft Lighting Systems Market was valued at US$ 1.76 Bn in 2019 and is expected to reach US$ 2.65 Bn by 2026, at a CAGR of 5.25% during a forecast period.

The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

An aircraft is equipped with a variety of lights that are used for safety, navigation and to increase visibility during the takeoff or when taxiing on the ground.

The driving factors of the global aircraft lighting systems market are a rise in air travel, growth in demand for new aircraft, an increase in the need for light-weighted aircraft components & new technological advancements. Moreover, the rising demand for energy-efficient lighting systems for safe navigation is driving the ...
... demand for the market.

The global aircraft lighting market is witnessing great opportunity potential in low weight aircraft lights segment. However, the high cost associated with the initial installation of lighting systems limits the aircraft lighting systems' market growth.

The Interior light segment in the aircraft lighting market is expected to be the fastest-growing during the forecast period. This growth is attributed to a rise in the demand for ceiling and wall lighting for aircraft.

The passenger service unit segment is estimated to grow at the highest CAGR during the forecast period. The growth can be attributed to rising in aircraft deliveries and the up-gradation of existing aircraft by airlines globally.

North America led the global aircraft lighting systems market in 2017 owing to declining fuel prices. Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to growing orders of aircraft and light accessories from other countries.

Some of the key players in the global aircraft lighting systems market are Diehl Stiftung & Co. Kg., Zodiac Aerospace, United Technologies Corporation, B/E Aerospace, Inc., STG Aerospace Limited, Luminator Aerospace, Cobham PLC., Honeywell International Inc., Astronics, and Geltronix Aviation Light.

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Scope of the Global Aircraft Lighting Systems Market

Global Aircraft Lighting Systems Market by Aircraft Type

• Commercial
• Military
• Business
Global Aircraft Lighting Systems Market by Light Type

• Interior
• Exterior
Global Aircraft Lighting Systems Market by System

• Passenger Service Unit
• Cockpit Control Unit
Global Aircraft Lighting Systems Market by Geography

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
Key Players Operating in the Global Aircraft Lighting Systems Market

• Diehl Stiftung & Co. Kg.
• Zodiac Aerospace
• United Technologies Corporation
• B/E Aerospace, Inc.
• STG Aerospace Limited
• Luminator Aerospace
• Cobham PLC.
• Honeywell International Inc.
• Astronics
• Geltronix Aviation Light
• Goodrich Corporation
• Soderberg Manufacturing Company Inc
• Aveo Engineering Group
• Bruce Aerospace• Heads Up Technologies Inc.

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