How Big is The Aircraft Cabin Lighting Market:
The global aircraft cabin lighting market size reached US$ 1.05 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 1.42 Billion by 2027, exhibiting a growth rate (CAGR) of 5.10% during 2022-2027.
IMARC Group, a leading market research company, has recently releases report titled “Aircraft Cabin Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” The study provides a detailed analysis of the industry, including the global aircraft cabin lighting market research, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
What are aircraft cabin lighting?
The aircraft cabin lighting system is essential in providing an optimal in-flight experience since it offers a pleasant journey, various facilitates, and several leisure activities for passengers. It largely includes ordinance signs, lavatory lights, specialty lighting, emergency lighting, reading and signage lights, ceiling and floor path lights, lavatory lights, etc. In addition, since night travel at cruising altitudes requires sufficient illumination for passenger service, high-quality lighting enhances the travel experience and aids in retaining customers. As a result, airline operators are increasingly installing advanced cabin lighting systems in commercial aircraft to improve customer satisfaction levels and offer innovative value-added services.
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What are the growth prospects and trends in the Aircraft Cabin Lighting Market Industry:
The escalating need for improved passenger experience in commercial airlines is among the primary factors driving the aircraft cabin lighting market. Besides this, the rising number of passengers opting for air travel and the elevating demand for domestic planes with extended routes are further augmenting the market growth. Moreover, the development of low-cost, AI-based interior lighting system technology in the aviation industry is also catalyzing the global market.
Apart from this, the high urbanization and the inflating per capita disposable income levels of individuals are acting as significant growth-inducing factors. Additionally, the launch of several policies by the government bodies to extensively invest in the establishment of commercial aircraft manufacturing facilities is also stimulating the market growth. Furthermore, the increasing number of domestic flights, the expanding aviation sector, the low production cost of LED bulbs, and the growing merger and acquisition (M&A) activities by the leading players are expected to bolster the aircraft cabin lighting market in the coming years.
Who are the key players operating in the industry?
Astronics Corporation, Aveo Engineering Group s.r.o., Bruce Aerospace Inc (TransDigm Group Inc.), Cobham Limited, Collins Aerospace (Raytheon Technologies Corporation), Diehl Stiftung & Co. KG, Heads Up Technologies Inc, Luminator Technology Group, Oxley Group, Safran S.A. and Soderberg Manufacturing Company Inc.
What is included in market segmentation?
Breakup by Type:
- Wash Lighting
- Emergency Lighting and Ordinance Signs
- Lavatory Lights
- Reading and Dome Lights
- Specialty Lighting
Breakup by Fit:
- Retro Fit
- Line-Fit
Breakup by Aircraft Type:
- Commercial
- Wide Body Aircraft
- Narrow Body Aircraft
- Very Large Aircraft
- Military
- Others
Breakup by End User:
- Original Equipment Manufacturer (OEM)
- Aftermarket
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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