04 September 2019
Visiongain has launched a new aerospace report Aircraft Cabin Lighting Market Report 2019-2029 : Forecasts by End User (OEM, Aftermarket), Light Type (Reading Lights, Ceiling & Wall Lights, Signage Lights, Floor Path Lighting Strips and Lavatory Lights) PLUS Profiles of Leading Companies and Regional and Leading National Market Analysis.
Enhanced cabin experience is one of the winning criteria for many airline companies and lighting forms a critical part of the aircraft. In recent years, cabin lighting technologies has developed significantly as a result of increasing investments in enhancing the passenger experience. Rising investments in passenger comfort are one of the major factors driving growth in the global aircraft cabin lighting market. However, the declining profits of many airline companies are expected to restrict the growth of the market shortly.
Use of lightweight energy-efficient lighting systems and development in mood lighting technology is identified are the trends identified in the market. For instance, STG Aerospace and Boeing announced strategic partnerships to develop LED mood lighting system, designed to retrofit commercial aircraft cabins for Boeing 737 NG fleet of aircraft. Development in LED lighting technologies resulting in reduced maintenance and operating costs throughout the line of aircraft fleet is also expected to drive the growth in the market.
Based on End-user Aftermarket sub-segment is projected to expand with the fastest CAGR over the forecast period due to increasing demand for retrofit lighting solutions. By Aircraft Type, Narrow Body, Wide Body and Very Large Aircraft together will contribute more than 50% share of the global Aircraft Cabin Lighting Market in 2019. By region, North America is expected to account for the largest market share followed by Europe in 2019 due to high volume aircraft production.
The key companies operating in the Aircraft Cabin Lighting market are Rockwell Collins, Zodiac Aerospace, Honeywell International, Diehl Stiftung, United Technologies, Cobham, Astronics, STG Aerospace, Luminator Technology, Precise Flight, Soderberg Manufacturing, Oxley, and Heads Up Technologies. These companies are taking various strategic initiatives such as mergers and acquisitions, new product development, expansions, agreements, and partnerships so as to gain a competitive advantage and increase their presence in the global market.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to firstname.lastname@example.org or call her on +44 (0) 207 336 6100
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
The global Airport Ground Handling Services market was valued at US$37.2 billion in 2023 and is projected to grow at a CAGR of 9.7% during the forecast period 2024-2034.
15 November 2023
The global Aerospace Composites market was valued at US$32.5 billion in 2023 and is projected to grow at a CAGR of 9.9% during the forecast period 2024-2034.
07 November 2023
The global Top 20 Commercial Aircraft Maintenance, Repair & Overhaul (MRO) market was valued at US$83 billion in 2022 and is projected to grow at a CAGR of 4.3% during the forecast period 2023-2033.
06 October 2023
The global Air Traffic Control Equipment market was valued at US$9,293.5 million in 2022 and is projected to grow at a CAGR of 8.0% during the forecast period 2023-2033.