Aircraft Cabin Lighting Market Scope
The global aircraft cabin lighting market is expected to grow at a significant rate of 6.1 percent during the forecast period of 2019-2025, according to the AMA study. Aircraft cabin interior lighting solutions refer to the electronic lightings used for different types of passenger comfort in an aircraft's cabin which includes the products such as floor lighting, mood lighting, reading lights, bag storage bin lights, and many more. Moreover, the rising global aircraft production and deliveries are one of the major driving factors for the aircraft cabin lighting market due to rising awareness to provide more passenger comfort to traveling passengers on a flight.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Largest Market | North America |
Unit | Value (USD Million) |
Key Companies Profiled | Collins Aerospace (United States), SELA (France), Astronics Corporation (United States), Cobham Limited (England), Diehl Stiftung & Co. KG (Germany), Honeywell International Inc (United States), STG Aerospace Limited (United Kingdom), SODERBERG MANUFACTURING COMPANY INC. (United States), Bruce Aerospace (United States) and Oxley Group (United Kingdom) |
CAGR | 6.1% |
The vendors in this market are focusing on developing new products to cater to the requirement of growing industry demands. For instance, in December 2019, STG Aerospace launched the first red floor lighting product for aircraft cabin flooring. Moreover, in April 2019, STG Aerospace announced the launch of the world’s first blue-glowing photoluminescent floor path marking system for aircraft cabin interior applications. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Aircraft Cabin Lighting market throughout the predicted period.
Collins Aerospace (United States), SELA (France), Astronics Corporation (United States), Cobham Limited (England), Diehl Stiftung & Co. KG (Germany), Honeywell International Inc (United States), STG Aerospace Limited (United Kingdom), SODERBERG MANUFACTURING COMPANY INC. (United States), Bruce Aerospace (United States) and Oxley Group (United Kingdom) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Aircraft Cabin Lighting market by Type , by Application (Signage Lights, Ceiling & Wall Lights, Floor Lights, Spot & Reading Lights, Cockpit Lights and Others) and Region with country level break-up. On the basis of Type, LED are dominating the market in the year 2023
On the basis of geography, the market of Aircraft Cabin Lighting has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Leaders and their expansionary development strategies
In April 2017, Rockwell Collins announced that it has completed the acquisition of B/E Aerospace worth USD 8.3 billion to strengthen its portfolio into aircraft interior components such as deck avionics, and cabin electronics
In April 2019, Collins Aerospace announced the launch of industry's first-ever μLED reading lights for aircraft cabins which provide 66 percent reduction in weight savings over traditional systems and delivers over 75,000 hours of lifespan compared to the 35,000-hour current average
Influencing Trend:
Growing Adoption of Smart Lighting Solutions Across Aviation Industry and Introduction of Innovative Lighting Solutions such as Mood Lighting
Market Growth Drivers:
Rising Global Aircraft Production & Deliveries and Increasing Demand for Retrofitting of Existing Aircraft Fleet Due to Growing Electrification & Automation of Old Aircraft Models
Challenges:
High Initial Installation Cost
Restraints:
Dimming Over Time of LEDs if Operated at Temperatures Higher than Their Design Specification
Opportunities:
Introduction of Cost-Effective and Low-Power Alternative Lighting Solutions such as LED Lights Over Existing Interior Lighting Solutions
Key Target Audience
Aircraft Cabin Light Manufacturers, Aircraft OEMs and MRO Service Providers, New Entrants/Investors, Analysts and Strategic Business Planners and Providers, Raw Material & Component Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms and Government Regulatory and Research Organizations