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$2.1 Billion Aircraft Lighting Industry Outlook, 2030 - Shift from Incandescent Lights to LED Lights

Dublin, Feb. 14, 2020 (GLOBE NEWSWIRE) -- The "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" report has been added to ResearchAndMarkets.com's offering.

The aircraft lighting market is projected to grow from USD 1.1 billion in 2019 to USD 2.1 billion by 2030, at a CAGR of 5.8% during the forecast period.

This market study covers the aircraft lighting market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as end-user, type, aircraft type, light source, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key players in the aircraft lighting market are Astronics (US), Cobham (US), Diehl Stiftung (Germany), Heads Up Technologies (US), Honeywell (US), Luminator Technology Group (US), Oxley Group (UK), Collins Aerospace (US), Soderberg Manufacturing Company (US), STG Aerospace (UK), SELA (France), Bruce Aerospace (US), Precise Flight, Inc. (US), AeroLeds (US), Whelen Aerospace Technologies (US), Hoffman Engineering (US), Madelec Aero (France), IFE Products (US), Talon Aerospace (US), and Beadlight Limited (UK).

Increasing demand for an efficient alternative to incandescent lights across the globe is driving the market growth

An increase in aircraft orders across the globe and shift from incandescent lights to LED lights are the major factors driving the market for aircraft lighting. However, longer lifespan of LED lights is limiting the overall growth of the market.

Based on end-user, the aftermarket segment is estimated to account for a larger share of the market in 2019

Based on end-user, the aftermarket segment is estimated to account for the largest share of the overall market in 2019. The aircraft lighting OEM segment is projected to grow at a higher CAGR during the forecast period, owing to increasing deployment of new LED lights with the objective of reducing operational costs and enhancing passenger experience as well as comfort.

Based on light type, the interior lights segment estimated to account for a larger share in 2019

Interior lights include reading lights, ceiling and wall lights, signage, floor path lighting strips, and lavatory lights, among others. Airlines are focusing on deploying multi-colour interior lighting, to create an ambience as per passenger's mood. The growing demand to enhance passenger experience and comfort are anticipated to fuel the growth of the interior lights segment.

North America is estimated to lead the aircraft lighting market in 2019

The aircraft industry in North America has witnessed strong growth in the past few years. It is one of the most profitable industries in the region. The high demand for aircraft lighting products in North America can be attributed to the presence of major aircraft manufacturers such as Honeywell International (US) and Collins Aerospace (US) in the region. Increasing passenger traffic, demand for new aircraft, high demand for helicopters in civil and commercial applications, and the rapid replacement of traditional lights with advanced lighting solutions are other major factors driving the aircraft lighting OEM market in North America.

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in Aircraft Lighting Market
4.2 Aircraft Lighting Market, By End-user
4.3 Aircraft Interior Lights Market, By Type
4.4 Aircraft Exterior Lights Market, By Type

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rise in Aircraft Orders
5.2.1.2 Shift From Incandescent Lights to LED Lights
5.2.2 Opportunities
5.2.2.1 Demand for Lightweight Aircraft Components
5.2.2.2 Technological Advancements in Interior Lighting Systems
5.2.3 Challenges
5.2.3.1 Longer Lifespan of LED Lights

6 Industry Trends
6.1 Introduction
6.2 Emerging Trends in Aircraft Lighting Market
6.2.1 Traditional Lighting Systems
6.2.2 Photoluminescent Lights
6.2.3 LED Lights
6.2.4 OLED Lights
6.2.5 Custom Controlled Lights
6.3 Fixed Wing Aircraft Light Requirements
6.4 Aircraft Light Installations
6.4.1 Fixed Wing Light Installations
6.4.2 Rotary Wing Light Installations

7 Aircraft Lighting Market, By End User
7.1 Introduction
7.2 Original Equipment Manufacturer (OEM)
7.2.1 Increasing Aircraft Deliveries Projected to Drive the OEM Market
7.3 Aftermarket
7.3.1 Increasing Focus to Enhance Passenger Travel Experience is Contributing to the Growth of the Aircraft Lighting Aftermarket

8 Aircraft Lighting Market, By Aircraft Type
8.1 Introduction
8.2 Commercial Aviation
8.2.1 Narrow Body Aircraft
8.2.1.1 Adoption of Aircraft Lights is Growing in Narrow Body Aircraft With the Increasing Demand of These Aircraft From Asia Pacific
8.2.2 Wide Body Aircraft
8.2.2.1 Increasing Demand for Wide Body Aircraft for Long-Haul Routes is Driving the Demand for Lights in These Aircraft
8.2.3 Very Large Aircraft
8.2.3.1 Demand for Very Large Aircraft From the Middle East is Increasing the Adoption of Aircraft Lighting in These Aircraft
8.2.4 Regional Transport Aircraft
8.2.4.1 Rising Domestic Air Passenger Traffic in Emerging Economies is Contributing to the Demand for Regional Transport Aircraft
8.3 Business Jets & General Aviation
8.3.1 Business Jets
8.3.1.1 Demand for Business Jets Increases to Cover Short-To-Medium Distances
8.3.2 General Aviation
8.3.2.1 Presence of OEMs in North America and Europe is Driving the Adoption of Lights in General Aviation Aircraft
8.4 Military Aviation
8.4.1 Fighter Aircraft
8.4.1.1 Increasing Procurement of Combat Aircraft Due to Increasing Military Budgets Influence the Growth of Aircraft Lighting
8.4.2 Transport Aircraft
8.4.2.1 Military Transport Aircraft Performs Crucial Duties Such as Mid-Flight Refueling and Strategic Airlifting
8.5 Helicopters
8.5.1 Commercial Helicopters
8.5.1.1 Growing Demand for Helicopters in Corporate and Civil Applications Increases the Adoption of Lights in These Aircraft
8.5.2 Military Helicopters
8.5.2.1 Military Helicopters are Majorly Used to Transport Troops

9 Aircraft Lighting Market, By Light Type
9.1 Introduction
9.2 Interior Lights
9.2.1 Signage
9.2.1.1 Signage Lights Provide Inflight Messages Or Information to Passengers Through Signs and Symbols
9.2.2 Ceiling & Wall Lights
9.2.2.1 LED Ceiling & Wall Lights Save Weight and Energy Consumption of Aircraft
9.2.3 Floor Path Lighting Strip
9.2.3.1 Floor Path Lighting Strips are Useful During an Emergency to Guide Passengers
9.2.4 Reading Lights
9.2.4.1 Reading Lights are Majorly Used By Passengers and Cabin Crew to Read Maps and Manuals During Flights
9.2.5 Lavatory Lights
9.2.5.1 LED Lavatory Lights are Easy to Retrofit and Maintain
9.3 Exterior Lights
9.3.1 Emergency Lights
9.3.1.1 Focus to Reduce Aircraft Weight By Manufacturers is Increasing the Adoption of LED Emergency Lights
9.3.2 Navigation Lights
9.3.2.1 Position Lights
9.3.2.1.1 Position Lights Helps Aircraft to Recognize Each Other During Flight
9.3.2.2 Anti-Collision Lights
9.3.2.2.1 Rising Demand for Passenger Safety is Expected to Fuel the Growth of Anti-Collision Lights
9.3.2.3 Landing Lights
9.3.2.3.1 Landing Lights are Used By Pilots as Visibility Support During Takeoff and Landing
9.3.2.4 Taxi & Takeoff Lights
9.3.2.4.1 Takeoff Lighting Helps the Pilots in Providing Visibility Aids During Flight Takeoff
9.3.2.5 Runway Turnoff Lights
9.3.2.5.1 Runway Turnoff Lights Illuminate the Runaway Turnoff Area
9.3.3 Wings & Engine Inspection Lights
9.3.3.1 Wings & Engine Inspection Lights Help Detect Ice Formation on Wing Leading Edges
9.3.4 Cargo & Service Lights
9.3.4.1 Need for Good Visibility for Handling Cargo Efficiently
9.3.5 Special Purpose Lights
9.3.5.1 Search Lights
9.3.5.1.1 Mean Time Between Failure of Search Light is More Than 50,000 Hours
9.3.5.2 Logo Lights
9.3.5.2.1 Logo Lights Help Enhance the Brand Recognition of Airlines
9.3.5.3 Formation Lights
9.3.5.3.1 Rise in Demand From Military Aviation to Enhance Night Vision is Anticipated to Drive the Adoption of Formation Lights

10 Aircraft Lighting Market, By Light Source
10.1 Introduction
10.2 LED
10.2.1 Focus of OEMs and Airlines Towards Installing LED Lights
10.3 Fluorescent
10.3.1 Fluorescent Lights have Been Out-Performed By LEDs

11 Aircraft Lighting OEM Market, By Region
11.1 Introduction
11.2 North America
11.2.1 Us
11.2.1.1 Presence of Large Aircraft Manufacturers Propel the Growth of Aircraft Lighting in the Us
11.2.2 Canada
11.2.2.1 Increasing Demand for Business Jets Contribute to the Growth of Aircraft Lighting in Canada
11.3 Europe
11.3.1 France
11.3.1.1 Increase of Aircraft Orders is One of the Factors Attributing to the Growth of the Aircraft Lighting Market in France
11.3.2 Germany
11.3.2.1 Increased R&D Investments to Enhance Air Travel Experience Influence the Growth of the Aircraft Lighting Market in Germany
11.3.3 Italy
11.3.3.1 Demand for Aircraft Lights From Aircraft Manufacturers in Italy is Contributing to the Aircraft Lighting Market
11.3.4 Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.1.1 Rise in Demand for Regional Transport Aircraft for Short and Medium-Haul Routes Will Increase Adoption of Aircraft Lighting
11.4.2 India
11.4.2.1 Growth of Military and General Aviation Aircraft Market Projected to Increase the Adoption of Aircraft Lights in India
11.4.3 Japan
11.4.3.1 Presence of Aircraft Manufacturers to Contribute to the Growth of Aircraft Lighting Market in Japan
11.4.4 Rest of Asia Pacific
11.5 Latin America
11.5.1 Increasing Aircraft Orders By Airlines in Latin America is A Major Driver for the Rise in Adoption of Lights in Those Aircraft

12 Aircraft Lighting Aftermarket, By Region
12.1 Introduction
12.2 North America
12.2.1 US
12.2.1.1 Replacement Demand for Aircraft Lighting in the US is Driven By the Presence of Airlines in the Country
12.2.2 Canada
12.2.2.1 Aircraft Modernization Programs Drive the Aircraft Lighting Aftermarket in Canada
12.3 Europe
12.3.1 UK
12.3.1.1 Presence of Mro Providers in the UK Boost the Aircraft Lighting Aftermarket
12.3.2 France
12.3.2.1 Presence of Mro Service Providers is Driving the Growth of the Aircraft Lighting Aftermarket in France
12.3.3 Germany
12.3.3.1 Growing Government Initiatives to Replace Aging Aircraft Equipment Drives the Demand for Aircraft Lights Replacement
12.3.4 Italy
12.3.4.1 Presence of Independent MRO Service Providers Expected to Fuel the Growth of Aircraft Lights Aftermarket in Italy
12.3.5 Rest of Europe
12.4 Asia Pacific
12.4.1 China
12.4.1.1 China is Looking Towards Replacing Its Aging Fleet
12.4.2 India
12.4.2.1 Airlines are Placing Immense Aircraft Orders Which May Influence the Aircraft Lighting Aftermarket
12.4.3 Japan
12.4.3.1 Growing Air Traffic and Foreign Investments for Mro Services are Driving the Aircraft Lighting Aftermarket in Japan
12.4.4 Australia
12.4.4.1 Growth in Air Traffic is Driving the Market for Aircraft Lighting Replacement in Australia
12.4.5 Rest of Asia Pacific
12.5 Middle East
12.5.1 UAE
12.5.1.1 Growing Aircraft Fleet Size in the UAE Drive the Aircraft Lighting Replacement
12.5.2 Saudi Arabia
12.5.2.1 Increasing Demand for Aircraft to Meet the Passenger Growth is Driving the Aircraft Lighting Aftermarket
12.5.3 Rest of Middle East
12.6 Rest of the World
12.6.1 Latin America
12.6.1.1 Latin America's In-Service Fleet Will Double in the Next 20 Years
12.6.2 Africa
12.6.2.1 Africa is Encouraging Foreign Investments for Aftermarket Services for the Replacement of Aircraft Interiors

13 Competitive Landscape
13.1 Introduction
13.2 Competitive Leadership Mapping
13.2.1 Visionary Leaders
13.2.2 Innovators
13.2.3 Dynamic Differentiators
13.2.4 Emerging Companies
13.3 Ranking of Key Players, 2018
13.3.1 Winning Imperatives, By Key Players
13.4 Competitive Scenario
13.4.1 New Product Launches
13.4.2 Contracts
13.4.3 Acquisitions and Partnerships

14 Company Profiles
14.1 Astronics Corporation
14.2 Cobham PLC
14.3 Diehl Stiftung & Co. KG
14.4 Heads Up Technologies
14.5 Honeywell International Inc.
14.6 Safran
14.7 Luminator Technology Group
14.8 Oxley Group
14.9 Collins Aerospace (a United Technologies Company)
14.10 Soderberg Manufacturing Company Inc.
14.11 STG Aerospace Limited
14.12 Sela
14.13 Bruce Aerospace
14.14 Precise Flight, Inc.
14.15 Aeroleds
14.16 Whelen Aerospace Technologies
14.17 AGI Holdings LLC (Hoffman Engineering)
14.18 Madelec Aero
14.19 IFE Products
14.20 Talon Aerospace, LLC
14.21 Beadlight Limited

For more information about this report visit https://www.researchandmarkets.com/r/dcy4kz

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