Future of the Commercial Aviation Aircraft Lighting Market

2014-02-13
Published : Feb-2014

Aircrafts are equipped with a number of lights which are used for a variety of applications ranging from illuminating the cabin, safety lights, lights used for navigation and for takeoff and landing. Lighting system in a commercial aircraft can be segmented as interior lighting and exterior lighting. The exterior lighting system of an aircraft consists of complex parameters that are crucial for the flight and safety of the aircraft. To enhance the experience and comfort of passengers as well as to improve overall efficiency of aircrafts, airlines are continuously improving the interior lighting of aircrafts. Some of the factors that are propelling the growth in the interior lighting market are increase in air travel by consumers and manufacturers need for fuel efficiency. In 2012, the global aviation aircraft lighting market was valued at 1.01 billion USD. By 2017, the market for commercial aviation lighting is expected to reach a value of 1.3 billion USD.

The commercial aviation aircraft lighting market can be segmented based on aircraft types, product type and geography. On the basis of aircraft type, the market can be categorized as very large aircrafts market, wide body aircrafts market, narrow body aircrafts market and regional transportation aircrafts market. On the basis of product type, the market can be categorized into six segments which include reading lights market, signage lights market, ceiling and wall lights market, floor-path lighting strips market, lavatory lights market and exterior lights. Reading lights represents the largest segment in the aircraft lighting system market, followed by ceiling and wall lights. The highest business potential is represented by the narrow body aircraft market.

There has been an increase in the demand for commercial aircrafts as the economy recovered from the global financial crisis. Emerging economies in Asia-Pacific has fueled the demand for commercial aircrafts. Key players in the aircraft lighting market are Diehl Aerospace, Astronics Corporation, Zodiac Aerospace, B/E Aerospace Inc., Luminator Holding and Electro-Mech Components Inc. There has been an increase in orders for commercial aviation aircrafts from emerging markets which is in turn boosting the growth of the aircraft lighting industry. With growth in the aviation sector, due to boost in air travel the commercial aviation aircraft lighting market will also flourish.

Explore the latest market research report on commercial aviation aircraft lighting market @ http://www.sandlerresearch.org/market-research/automotive

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