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  • Aircraft Lighting Market worth $2.94 billion by 2022


    (Aviation-NewsWire.Com, June 28, 2019 ) According to the new market research report "Aircraft Lighting Market by Aircraft Type (Commercial, Military, Business), Platform (Fixed, Rotary), Light Type (Interior, Exterior), Fit (OEM, Aftermarket), System (Passenger Service Unit, Cockpit Control Unit) - Global Forecast to 2022", The aircraft lighting market is projected to grow from an estimated USD 2.25 Billion in 2017 to USD 2.94 Billion by 2022, at a CAGR of 5.48% during the forecast period. Increase in aircraft orders, increased passenger traffic, and increased upgradation of aircraft are some of the key factors driving the aircraft lighting market.

    Don’t miss out on business opportunities in Aircraft Lighting Market. Speak to our analyst and gain crucial industry insights that will help your business grow:


    The interior light segment in the aircraft lighting market is estimated to be the fastest-growing during the forecast period. This growth is attributed to an increase in the demand for ceiling and wall lighting for aircraft.

    Based on aircraft type, the commercial aviation segment is projected to grow at the highest CAGR during the forecast period. Increase in aircraft orders and demand for enhanced passenger experience, especially in long-haul aircraft is one of the key factors driving this segment of the aircraft lighting market.

    Browse and in-depth TOC on "Aircraft Lighting Market "

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    Based on platform, the fixed wing segment in the aircraft lighting market is projected to grow at the highest CAGR during the forecast period. The growth can be attributed to increased aircraft orders by airlines globally.

    Based on fit, the aftermarket segment in the aircraft lighting market is projected to grow at the highest CAGR during the forecast period. The growth can be attributed to increased upgradation of existing aircraft by airlines globally.

    Based on system, the passenger service unit segment in the aircraft lighting market is projected to grow at the highest CAGR during the forecast period. The growth can be attributed to increase in aircraft deliveries and upgradation of existing aircraft by airlines globally.

    Asia Pacific is expected to be the fastest-growing market during the forecast period. The growth is largely due to an increase in air passenger traffic in emerging countries such as India and China and rise in commercial aircraft manufacturers in the region.

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    Major players operating in the aircraft lighting market include Zodiac Aerospace (France), United Technologies (US), Diehl Stiftung & Co. KG (Germany), Rockwell Collins (US), and Honeywell (US). These key players offer various aircraft light types including reading lights, ceiling lights, lavatory lights, signage lights, and wall lights. These companies have well equipped manufacturing facilities and strong distribution networks across North America, Europe, and the Asia Pacific.

    About MarketsandMarkets

    MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

    Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

    MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


    Mr. Shelly Singh



    Source: EmailWire.Com

    Source: EmailWire.com

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