Global Aircraft Lighting Market Size Worth $2064.58 Million By 2032 | CAGR 9.2%

Zion Market Research has published a report on the global Aircraft Lighting Market, estimating its value at USD 935.04 Million in 2023, with projections indicating that it will reach USD 2064.58 Million by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 9.2% over the forecast period 2024-2032.

This review is based on a report by Zion Market Research, titled “Aircraft Lighting Market By Light Type (Interior Lights and Exterior Lights), By Aircraft Type (Commercial Aviation, Military Aviation, Business Jets & General Aviation and Helicopters), By Light Source (LED and Fluorescent), By End-User (OEM and Aftermarket): Global Industry Perspective, Comprehensive Analysis and Forecast, 2023 – 2032.”

Global Aircraft Lighting Market: Overview

Aircraft lighting is a vital component of aviation structure. It provides safety, visibility, and accurate navigation for the operation of the aircraft. Various developments have been carried out based on the technology, which improves the performance and fuel efficiency. These lights provide a clear visibility to pilots in the cockpit to avoid the collision and to rectify the path in harsh climatic conditions. The aircraft lighting plays the useful role to indicate the ground staff while takeoff and landing.

Global Aircraft Lighting Market: Growth Factors

An increased number of passengers and their preference towards air transport is a driving factor for aircraft lighting market. Significant economic growth in developing countries, as well as small regions making considerable efforts to improve the financial status, are other factors driving the aviation sectors which indirectly impacts the aircraft lighting market growth.

Rising demand for aircraft to meet the transportation needs, new players emerging in the aircraft manufacturing, and development of low-cost aircraft have boosted the demand for aircraft lighting system. Advancement in technology, smart lighting solutions, the introduction of LED lights, and newly constructed lightweight products are some of the development factors fostering the demand for aircraft lighting..

Global Aircraft Lighting Market: Segmentation

Aircraft lighting is operated and is functionally based on various factors. This includes segmentation based on light types such as interior lights and exterior lights. Moreover, based on the aircraft type of the aircraft lighting, the market is diversified as commercial aviation, military aviation, business jets & general aviation and helicopters. In addition, light source the aircraft light is bifurcated into LED and Fluorescent. The end-use application of the light system is OEM and aftermarket.

Global Industrial Cloud Platform Market: Regional Analysis

Geographically, Asia Pacific region is expected to make significant growth in the global aircraft lighting market due to rising orders of aircraft and lights accessories from other countries. Moreover, the global aircraft lighting market is segmented as North America, Europe, Middle East, Latin America, and Rest of World.

Global Industrial Cloud Platform Market: Competitive Players

Some of the key players of aircraft lighting market are Astronics Corporation, Cobham Plc, Luminator Technology Group, Honeywell International Inc., Collins Aerospace, Diehl Stiftung & Co. Kg, Heads Up Technologies, Safran, Oxley Group and Soderberg Manufacturing Company Inc. among others.

Major players are making new acquisitions to increase products and influence over the market. For instance, Rockwell Collins, which is well known for flight controls products and avionics, is the process of acquiring B/E Aerospace which deals in aircraft seats and lighting systems, with a price of $6.4 Billion.

Browse the full “Aircraft Lighting Market By Light Type (Interior Lights and Exterior Lights), By Aircraft Type (Commercial Aviation, Military Aviation, Business Jets & General Aviation and Helicopters), By Light Source (LED and Fluorescent), By End-User (OEM and Aftermarket): Global Industry Perspective, Comprehensive Analysis and Forecast, 2023 – 2032.” Report at https://www.zionmarketresearch.com/report/aircraft-lighting-market

Some of the key players of aircraft lighting market are

• Astronics Corporation
• Cobham Plc
• Luminator Technology Group
• Honeywell International Inc.
• Collins Aerospace
• Diehl Stiftung & Co. Kg
• Heads Up Technologies
• Safran
• Oxley Group and Soderberg Manufacturing Company Inc. among others.

The aircraft lighting market is segmented as follows:

By Light Type

• Interior Lights
• Exterior Lights

By Aircraft Type

• Commercial Aviation
• Military Aviation
• Business Jets & General Aviation
• Helicopters

By Light Source

• LED
• Fluorescent

By End-User

• OEM
• Aftermarket

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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