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Aircraft Cabin Lighting Market by Fit, Aircraft Type, Light Type, and Region - Global Forecast to 2021

Aircraft Cabin Lighting Market: Global Forecast until 2021

  • October 2016
  • 140 pages
  • ID: 4880616
In this report:
The line fit market is expected to reach USD ##.## million by 2016, and projected to reach USD ##.## million by 2021 at a CAGR of ##.##% during the forecast period.
The market in the rest of the world is expected to grow at the highest CAGR of ##.##% during the forecast period, and reach a market size of USD ##.## million by 2021.

Summary

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"Rise in aircraft deliveries is the main factor driving the aircraft cabin lighting market"

The aircraft cabin lighting market is forecasted to be ~$1.9B in 2016, and is projected to extend ~$2.4B by 2021, at a compound annual growth rate of ~5.1 percent from 2016 to 2021. The advancement in lighting technologies has also impacted the industry by providing cabin lights which are more lightweight and efficient as compared to earlier cabin lighting systems. Growing aircraft deliveries, growth in domestic civil aviation, and technological improvements are some of the factors driving the aircraft cabin lighting market. On the other hand, factors, including longer span of new LED lights and overall economic uncertainty are anticipated to restrain the rise of this market.

"The retrofit segment is expected to increase at a better compound annual growth rate in the aircraft cabin lighting market"

The retrofit segment of the aircraft cabin lighting market, by fit type, is anticipated to rise at a better compound annual growth rate during the outlook period. Rise in aircraft orders as well as deliveries, economic increase across territories, growth in low cost carriers and domestic civil aviation, efficient alternatives to existing installed lights, and rise in passenger traffic are the factors driving the increase of this segment. The need for advanced technologies, including light emitting diode as well as organic light emitting diode by the airliners worldwide is fueling the rise of aircraft cabin lights.

"The wide body aircraft segment is expected to rise at a significant pace during the estimate period"

The wide body aircraft segment is expected to grow at a significant pace in the aircraft cabin lighting market during the outlook period. This increase is attributed to its twin-aisle design allowing manufactures to install seven or more seats consecutively which in turn requires installation of more LED lights. The wide body aircraft considered under this report study includes A300, A340, and A350 family aircraft, and Boeing 757, 767, 777, and 787.

"North America (NA) is the biggest market, because Asia-Pacific the quickest-rising regional market for aircraft cabin lighting"

North America continent controls the aircraft cabin lighting market. Top factors projected to drive the rise of the aircraft cabin lighting market in North America (NA) contain rising passenger traffic, demand for new aircraft, and retrofit of traditional lights among others. Furthermore, the industry demand of highly efficient LED lights to minimize carbon emissions is also a main factor which is fueling the increase of this market. Nevertheless, the Asia-Pac is the quickest developing market in terms of aircraft deliveries and fleet-size, due to growth in passenger traffic in this zone. The need for low cost carriers, GDP rise, and increase in the air travel are the top factors that are fueling the increase of aircraft cabin lighting market in this area.

Distribution of profile of primary members taking part in this business report:

- By Company Type: Tier 1 - 35.0 percent, Tier 2 - 45.0 percent and Tier 3 - 20.0 percent

- By Description: C-suite - 35.0 percent, D-level - 25.0 percent, Others - 40.0 percent

- By area: North america (NA) - 45.0 percent, Europe - 20.0 percent, Asia-Pacific - 30.0 percent, RoW - 5.0 percent

Top players decribed in the aircraft cabin lighting market report contain B/E Aerospace, Incorporated, Zodiac Aerospace, Honeywell International Inc., Diehl Stiftung & Co. Kg, United Technologies Corporation, Cobham Plc, Astronics Corporation, Stg Aerospace Limited, Luminator Aerospace, Precise Flight, Incorporated, among others.

Segment Research

This market report classifies the aircraft cabin lighting market into the specified segments and sub-segments. On the basis of fit, aircraft type (narrow body aircraft, wide body aircraft, very big aircraft, and regional transport aircraft), light type (signage lights, ceiling & wall lights, floor path lighting strips, reading lights, lavatory lights) and maps these segments and sub-segments across main regions global, that is, North America continent, Europe (EU), Asia Pacific (APAC), and Rest of the globe.

Why acquiring this study can help you:

From an insight prospect, this market research has emphasized different levels of analyses -industry review, market share research of top players, supply chain research, and company descriptions, which together comprise and examine basic views on the competitive landscape, coming out and high-growth segments of the aircraft cabin lighting market, high-growth areas, and sector drivers, market restraints, and alternatives.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on aircraft cabin lighting provided by key players in the sector

- Product improvement/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the aircraft cabin lighting market

- Industry development: Highlighted information about lucrative industries - the market research examines the industries for aircraft cabin lighting across localities

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the aircraft cabin lighting market

- Opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of key players in the aircraft cabin lighting market

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