Market Research Report
Aircraft Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
|Aircraft Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026|
Published: November 10, 2021
IMARC Services Private Limited
Content info: 147 Pages
Delivery time: 2-3 business days
The global aircraft lighting market grew at a CAGR of around 6% during 2015-2020. Aircraft lighting is installed on the exterior and interior parts of an aircraft to provide illumination for safety, servicing, operational needs and convenience of passengers. It utilizes different technologies, such as control circuits and control switches and resistors, to automate incandescence, electro-luminescent and strobe lights. Moreover, special aircraft lights are used for specific flight operations. For instance, rescue aircraft are equipped with high-intensity searchlights, while several military aircraft have different intensity lights on the upper surface of wings to facilitate night formation flights.
Aircraft lighting is widely used to inspect icing conditions, improve pilot visibility during critical phases of a flight, identify aircraft location, heading and position, and make aircraft visible to ground personnel and other airborne traffic for preventing a mid-air collision. This, in confluence with the increasing volume of air traffic on account of the expanding international trade and the growing travel and tourism sector, represents one of the major factors stimulating the market growth. Apart from this, the rising adoption of non-electrical floor path marking systems, which include lightweight, photoluminescent lighting strips, is influencing the market positively. The growing trend of urban air mobility (UAM), an on-demand, automated passenger and cargo-carrying air transportation services, is further contributing to the market growth. Other factors, including the growing commercial aviation, technological advancements, increasing investments in the aviation infrastructure and the implementation of stringent government policies regarding passenger safety and comfort, are expected to drive the market further. Looking forward, IMARC Group expects the global aircraft lighting market to exhibit moderate growth during the next five years.