Search Market Research Report
Aircraft Lighting Market Size, Share Global Analysis Report, 2021 – 2026
Aircraft Lighting Market By Aircraft Type (Fixed Wing & Rotary Wing), By Lighting Type (Interior Lights & Exterior Lights), By Point of Sale (OEM & Aftermarket), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026
Industry Insights
[213+ Pages Report] The latest finding surrounding the Global Aircraft Lighting Market published by Facts & Factors offers a neatly packaged and comprehensive read. We at Facts & Factors estimate that the market surrounding aircraft lighting will reach a projected value of USD 1,974.5 Million by 2026 growing at a CAGR of 8.9% from an initial value of USD 851 Million in the year 2020.
Market Overview
Aircraft lighting is a term that is used for broadly classifying the interior and exterior lighting sources that are strategically placed on the body of an aircraft. Interior lights are often placed in aircraft cabins, cockpit, lavatory, gallery, and the accompanying passenger and crew compartments while the exterior lighting is placed in order to assist the pilots during take-off and land-off in order to avoid ground accidents.
Industry Growth Factors
The factors contributing to the growth of the global aircraft lighting market include the rising aircraft orders during the advent of the forecast coupled with shifting preference from incandescent lights to LED lights to name a few. Additionally, rising demands for lightweight aircraft owing to increasing regulatory norms coupled with the integration of next-generation photoluminescent strips are expected to increase the footprint of the global aircraft lighting market during the forecast period. Moreover, factors contributing to minimal mass occupied by the lighting sources coupled with the surging adoption of energy-efficient aircraft are further expected to boost the growth of the global aircraft lighting market during the advent of the forecast duration.
The global aircraft lighting market is expected to be driven by the rising amount of aircraft travel coupled with the rising economic prowess of commercial passenger aircraft to name a few. The rising number of reliable OEMs coupled with an increasing number of key market players is further expected to increase the consumer base for the global aircraft lighting market during the forecast period. However, rising aircraft delivery backlogs coupled with the ongoing pandemic measures are expected to decrease the growth of the global aircraft lighting market during the advent of the forecast to some extent.
Segmentation Analysis
The global aircraft lighting market is segmented into aircraft type, lighting type, point of sale, and region.
On the basis of aircraft type, the global aircraft lighting market is divided into fixed wing & rotary wing. The segment pertaining to fixed-wing aircraft is expected to witness the largest market share during the advent of the forecast owing to the rising demand for commercial aircraft coupled with the rising delivery rates by the market players to name a few. Based on lighting type, the global aircraft lighting market is classified into interior lights & exterior lights. The =interior lighting segment is expected to witness the largest market share owing to the rising installation of a new generation of mood lighting measures and increasing demand for superior consumer care to name a few. On the basis of point of sale, the global aircraft lighting market is fragmented into OEM & aftermarket. The OEMs category is expected to witness the largest market share during the advent of the forecast owing to the rising procurement measures of military aircraft by various government bodies across the world coupled with increased demand for narrow-body aircraft to name a few.
Report Scope
Report Attribute |
Details |
Market Size in 2020 |
USD 851 Million |
Projected Market Size in 2026 |
USD 1,974.5 Million |
CAGR Growth Rate |
8.9% CAGR |
Base Year |
2020 |
Forecast Years |
2021-2026 |
Key Market Players |
Astronics Corporation, Aveo Engineering Group s.r.o., Bruce Aerospace, Cobhamplc., Collins Aerospace, Inc., Diehl Stifung & Co. KG, Honeywell International, Inc., Luminatory Technology Group, Oxley Group, Safran, Soderberg Manufacturing Company, STG Aerospace Limited, and Hoffman Engineering, among others. |
Key Segments |
Aircraft Type, Lighting Type, Point of Sale, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Purchase Options |
Request customized purchase options to meet your research needs. Explore purchase options |
Regional Analysis
North America is expected to witness the largest market share during the advent of the forecast owing to the rising adoption of LED lighting over its counterpart coupled with rising demand from the consumer sector in terms of comfort and safe flight experience to name a few. Additionally, the development of advanced aircraft lighting systems in the region coupled with rising domestic air travel is expected to increase the footprint of the aircraft lighting market during the forecast period. The region is home to a majority of the key market players in the sector. These factors will further contribute to raising the market value for the region in terms of aircraft lighting during the advent of the forecast period. Asia-Pacific is expected to witness the fastest growing CAGR during the advent of the forecast owing to rising air traffic in the region coupled with the presence of India, which is the world’s third-largest aircraft manufacturer to name a few.
Competitive Players
The key market participants for the global aircraft lighting market are :
- Astronics Corporation
- Aveo Engineering Group s.r.o.
- Bruce Aerospace
- Cobhamplc.
- Collins Aerospace Inc.
- Diehl Stifung & Co. KG
- Honeywell International Inc.
- Luminatory Technology Group
- Oxley Group
- Safran
- Soderberg Manufacturing Company
- STG Aerospace Limited
- Hoffman Engineering
By Aircraft Type Segment Analysis
- Fixed Wing
- Commercial Aircraft
- Military Aircraft
- Business Jets
- Rotary Wing
- Commercial Helicopter
- Military Helicopter
By Lighting Type Segment Analysis
- Interior Lights
- Ceiling & Wall Lights
- Floor Path Lights
- Lavatory Lights
- Other Lights
- Exterior Lights
- Emergency Lights
- Navigation Lights
- Others
By Point of Sale Segment Analysis
- OEM
- Aftermarket
Table of Content
Industry Major Market Players
- Astronics Corporation
- Aveo Engineering Group s.r.o.
- Bruce Aerospace
- Cobhamplc.
- Collins Aerospace Inc.
- Diehl Stifung & Co. KG
- Honeywell International Inc.
- Luminatory Technology Group
- Oxley Group
- Safran
- Soderberg Manufacturing Company
- STG Aerospace Limited
- Hoffman Engineering
Copyright © 2023 - 2024, All Rights Reserved, Facts and Factors