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According to IMARC Group’s latest report, titled “Aircraft Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global aircraft lighting market size reached US$ 1.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.1 Billion by 2027, exhibiting a growth rate (CAGR) of 5.82% during 2022-2027.

What is aircraft lighting?

Aircraft lighting serves the purpose of illuminating various parts of an aircraft, both on the exterior and interior, in order to ensure safety, facilitate servicing, meet operational requirements, and provide convenience for passengers. This lighting system incorporates a range of technologies, including control circuits, control switches, and resistors, which enable the automation of incandescent, electro-luminescent, and strobe lights.

Aircraft lighting systems serve several purposes, such as inspecting icing conditions, enhancing pilot visibility during critical flight phases, identifying aircraft location, heading, and position, and ensuring visibility to ground personnel and other airborne traffic to prevent mid-air collisions. Consequently, they find extensive applications across the globe.

What are the growth prospects and trends in the industry?

The aircraft lighting market is primarily driven by the growing volume of air traffic, owing to the expanding international trade and the flourishing travel and tourism industry. Additionally, the increasing adoption of non-electrical floor path marking systems featuring lightweight photoluminescent lighting strips is also positively influencing the market growth.

The emerging trend of urban air mobility (UAM), which involves on-demand, automated passenger and cargo transportation services, is further augmenting the global market. Besides this, factors including the continued growth of commercial aviation, technological advancements, increased investments in aviation infrastructure, and the implementation of stringent government regulations concerning passenger safety and comfort are acting as significant growth-inducing factors.

Furthermore, the development of specific aircraft lights for specialized flight operations, such as high-intensity searchlights for rescue aircraft and lights of varying intensities on the upper surface of the wings for certain military aircraft to facilitate night formation flights, is expected to bolster the aircraft lighting market in the coming years.

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Competitive Landscape With Key Players:

The competitive landscape of the aircraft lighting market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Astronics Corporation
• Bruce Aerospace (TransDigm Group Inc.)
• Cobham Plc.
• Diehl Stiftung & Co. KG
• Honeywell International Inc.
• Luminator Technology Group
• Oxley Group
• Safran S.A.
• Soderberg Manufacturing Co. Inc.
• STG Aerospace Ltd

Key Market Segmentation:

The report has segmented the global aircraft lighting market based on light type, technology, aircraft type, aircraft design, installation type and region.

Breakup by Light Type:

• Exterior Lights
• Interior Lights

Breakup by Technology:

• LED
• Fluorescent
• Others

Breakup by Aircraft Type:

• Commercial Aircraft
• Military Aircraft
• Others

Breakup by Aircraft Design:

• Fixed Wing
• Rotary Wing

Breakup by Installation Type:

• Line-Fit
• Retrofit

Breakup by Region:

• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=3119&flag=C

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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