Industry Background:
The demand for aircraft lighting is rising on account of technological advancements in the aviation industry. The rise in demand may be attributed to factors such as growing aerospace industry, rise in air passenger traffic, and development of lightweight material for aircrafts. Additionally, increasing need for enhancing aircraft lighting systems as it helps in improving performance and safety. Thus, positive growth is anticipated to drive the market demand during the forecast period.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Astronics (United States), Cobham (United States), Diehl Stiftung (Germany), Heads Up Technologies (United States), Honeywell (United States), Luminator Technology Group (United States), Oxley Group (United Kingdom), Collins Aerospace (United States), Soderberg Manufacturing Company (United States), STG Aerospace (United Kingdom), SELA (France), Bruce Aerospace (United States), Precise Flight, Inc. (United States), AeroLeds (United States), Whelen Aerospace Technologies (United States) and Hoffman Engineering (United States) |
This growth is primarily driven by Increasing Number of Aircraft Orders and Rise in Air Passenger Traffic.
Globally, a noticeable market trend is evident Emphasizing On Technological Advancement in Interior Lighting Systems
Major Manufacturers, such as Astronics (United States), Cobham (United States), Diehl Stiftung (Germany), Heads Up Technologies (United States), Honeywell (United States), Luminator Technology Group (United States), Oxley Group (United Kingdom), Collins Aerospace (United States), Soderberg Manufacturing Company (United States), STG Aerospace (United Kingdom), SELA (France), Bruce Aerospace (United States), Precise Flight, Inc. (United States), AeroLeds (United States), Whelen Aerospace Technologies (United States) and Hoffman Engineering (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The competitive landscape of the aircraft lighting market is characterized by several prominent players striving for market dominance. Established manufacturers such as Honeywell Aerospace, Collins Aerospace, and Zodiac Aerospace (now part of Safran Group) have a strong presence and offer a wide range of lighting solutions for various aircraft types. These companies are known for their innovative lighting technologies, including LED lighting systems and mood lighting options. Additionally, companies like Astronics Corporation and Diehl Aviation also compete in the market, providing advanced lighting solutions to enhance aircraft aesthetics and passenger experience. The competition is driven by factors such as energy efficiency, reliability, compliance with aviation regulations, and the ability to integrate with other aircraft systems.
Key Developments in the Market:
In August 2022, In a significant development, Heads Up Technologies, a prominent manufacturer specializing in lighting systems, cabin management systems, and flight deck safety products, acquired STG Aerospace. STG Aerospace is a renowned manufacturer of exclusive aircraft cabin lighting products, with operations based in Cwmbran, UK, and Miami, FL. This strategic acquisition further strengthens Heads Up Technologies' position in the industry and expands its portfolio of innovative aviation lighting solutions.
In September 2021, Alpha Motor Corporation unveiled the WOLF™ Electric Truck, which features cutting-edge lighting advancements provided by KC Lights.
Regulatory Insights:
“According to the Federal Aviation Administration (FAA), all aircraft must have an approved anti-collision light and position light system for nighttime operations. The position lights consist of an Aviation Red on the left side, an Aviation Green on the right and an Aviation White Taillight (REF. FAR 23.1389). The anti-collision lighting system is required under FAR PART 91.205(c). There are different requirements affecting different aircraft. These aircraft are categorized by the date of application for a type certificate.”
Influencing Trend:
Emphasizing On Technological Advancement in Interior Lighting Systems and Growing Focus on Improving Flight Experience and Comfort
Market Growth Drivers:
Increasing Number of Aircraft Orders and Rise in Air Passenger Traffic
Challenges:
High Initial Investment of Aircraft Lighting
Restraints:
Stringent Government Regulations for Aviation Industry
Opportunities:
Growing Shift from Incandescent Lights to LED Lights for Aircrafts and Increasing Demand for Lightweight Aircraft Components
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Aircraft Lighting Market
- Analysis about New Entrants in Aircraft Lighting Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Aircraft Lighting Study Sheds Light on
The Aircraft Lighting Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Aircraft Lighting industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Aircraft Lighting industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.