PUBLISHER: The Insight Partners | PRODUCT CODE: 1874032
PUBLISHER: The Insight Partners | PRODUCT CODE: 1874032
Aircraft Lighting Market
The Aircraft Lighting Market is anticipated to grow from US$ 1.22 billion in 2024 to US$ 1.95 billion by 2031, reflecting a compound annual growth rate (CAGR) of 7.13% during the period rom 2031 to 2031.
A significant trend in the aircraft lighting sector is the increasing demand from airlines for enhanced ambience within their aircraft fleets. Airlines are concentrating on innovating the interior environments of their commercial aircraft to elevate the travel experience for their passengers.
Aircraft Lighting Market Analysis
The aircraft lighting market is experiencing robust growth with the resumption of airline operations in 2021 (and in some areas in 2022), airlines have spurred demand for aircraft lighting through maintenance operations for their existing fleets. This demand is further bolstered by the increasing need for air travel across various regions, driven by the emergence of low-cost carriers.
Aircraft Lighting Market Overview
The aircraft lighting market is expected to see considerable growth in the upcoming years, driven by several key factors:
- Growing global aircraft deliveries
- Rising demand from aircraft maintenance, repair, and overhaul (MRO) operations due to an expanding fleet requiring MRO checks
- Significant backlogs at major aircraft original equipment manufacturers (OEMs)
- Increasing electrification of aircraft
These elements are likely to contribute significantly to the healthy growth of the aircraft lighting industry.
Nonetheless, the ongoing geopolitical conflicts among various nations may also affect airline operations in the future, potentially hindering the aircraft lighting market.
Strategic Insights
Drivers and Opportunities in the Aircraft Lighting Market
Growth of the Global Aircraft Fleet
The expanding global aircraft fleet is a primary factor driving the demand for aircraft lighting in both line fit and retrofit markets. The increasing deliveries of aircraft and helicopters across different regions are fueling the need for lighting systems, particularly cabin and cockpit lighting. In 2023, major aircraft OEMs like Airbus and Boeing delivered approximately 735 and 528 commercial aircraft, respectively, compared to 663 and 480 in 2022. This upward trend in annual aircraft deliveries has significantly influenced the aircraft lighting market in 2023.
Future Aircraft Deliveries Present New Opportunities
Projected deliveries of commercial and military aircraft over the next two decades are expected to create substantial opportunities for market players during the forecast period from 2024 to 2031. According to Airbus and Boeing, over 40,800 aircraft are anticipated to be delivered between 2023 and 2042. This will further expand the global aircraft fleet and create opportunities for aircraft lighting in the aftermarket and retrofit segments in the coming years.
Segmentation Analysis of the Aircraft Lighting Market
The Aircraft Lighting Market analysis is derived from key segments including system type, technology, light type, fit type, aircraft type, end-user, and geography.
- By system type, the market is segmented into cockpit console lights, cabin lights, cargo lights, seat proximity lights, and others, with cabin lights holding the largest market share in 2024.
- In terms of technology, the market is divided into traditional lights, LED lights, OLED lights, and others, with LED lights dominating the market share in 2024.
- For light type, the market is categorized into interior lights and exterior lights, with interior lights leading the market in 2024.
- Regarding fit type, the market is split into line fit and retrofit, with line fit being the dominant segment in 2024.
- By end-users, the market is segmented into commercial and military, with the commercial segment leading in 2024.
Geographical Analysis of the Aircraft Lighting Market
The geographic analysis of the Aircraft Lighting Market is divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.
North America led the Aircraft Lighting Market in 2024, while the Asia Pacific region is expected to experience significant growth during the forecast period. The demand for advanced lighting solutions for modifications or retrofitting is anticipated to drive rapid growth in the Asia Pacific market. The Middle East & Africa region is projected to achieve a growing CAGR from 2024 to 2031, primarily due to the presence of a substantial number of commercial aircraft fleets and airlines such as Emirates, Qatar Airways, Etihad Airways, and Saudi Arabian Airlines, which are investing heavily in acquiring new aircraft and upgrading their existing fleets. Airlines are continuously focused on enhancing customer experiences, making the retrofitting of aircraft with advanced lighting systems a prominent trend in the region.
Recent Developments in the Aircraft Lighting Market
The Aircraft Lighting Market is assessed through qualitative and quantitative data collected from primary and secondary research, including significant corporate publications, association data, and databases. Below are some recent developments and strategies in the aircraft lighting market:
- In October 2023, Aviation Fabricators (AvFab) chose Elliott Aviation's subsidiary, Prizm Aircraft Products, to supply RGBW wash lighting for its King Air 300-series headliner modification product. (Source: AvFab, Press Release/Company Website/Newsletter)
- In February 2021, Diehl Aerospace, a division of the leading aircraft component supplier Diehl Aviation, received a contract extension from Boeing for the provision of the interior lighting system for the Boeing 787 Dreamliner. (Source: Diehl Stiftung & Co. KG, Press Release/Company Website/Newsletter)
Scope of the Aircraft Lighting Market Report
Coverage and Deliverables of the Aircraft Lighting Market Report
The report titled "Aircraft Lighting Market Size and Forecast (2021-2031)" offers a comprehensive analysis of the market, covering the following areas:
- Market size and forecast at global, regional, and country levels for all key market segments included in the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed Porter's Five Forces analysis
- Global and regional market analysis highlighting key trends, major players, regulations, and recent developments
- Industry landscape and competition analysis, including market concentration, heat map analysis, prominent players, and recent developments
- In-depth company profiles with SWOT analysis
Table Of Contents
1.INTRODUCTION
- 1.1 SCOPE OF THE STUDY
- 1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
2.KEY TAKEAWAYS
3.AIRCRAFT LIGHTING MARKET LANDSCAPE
- 3.1 MARKET OVERVIEW
- 3.2 MARKET SEGMENTATION
- 3.2.1 Global Aircraft Lighting Market - By Systems Type
- 3.2.2 Global Aircraft Lighting Market - By Technology
- 3.2.3 Global Aircraft Lighting Market - By Light Type
- 3.2.4 Global Aircraft Lighting Market - By Fit Type
- 3.2.5 Global Aircraft Lighting Market - By Aircraft Type
- 3.2.6 Global Aircraft Lighting Market - By End User
- 3.2.7 Global Aircraft Lighting Market - By Geography
- 3.3 AIRCRAFT LIGHTING MARKET - PORTER’S FIVE FORCES
- 3.3.1 Bargaining Power of Buyers:
- 3.3.1.1 Large Numbers of Aircraft OEMs
- 3.3.2 Bargaining Power of Suppliers:
- 3.3.2.1 Supplier Concentration is High
- 3.3.3 Threats to Substitutes:
- 3.3.3.1 HIDs are Expected to Replace LEDs and OLEDs
- 3.3.4 Threats of New Entrants:
- 3.3.4.1 Established Players Capture the Maximum Market
- 3.3.5 Degree of Competition:
- 3.3.5.1 Large Number of Well Established Players with Balanced Financial Status 27
- 3.3.1 Bargaining Power of Buyers:
4.AIRCRAFT LIGHTING MARKET - KEY INDUSTRY DYNAMICS
- 4.1 KEY MARKET DRIVERS
- 4.1.1 Significant Growth in Aircraft Production
- 4.1.2 Remarkable Economic Development and Inclination of Passengers Towards Air Transport
- 4.1.3 Rise in Demand for Energy Efficient Aircraft Lights
- 4.2 KEY MARKET RESTRAINTS
- 4.2.1 Regulatory Norms Associated with the Use of Aircraft Lights
- 4.3 KEY MARKET OPPORTUNITIES
- 4.3.1 Advancement in Aircraft Lighting Technology
- 4.4 FUTURE TRENDS
- 4.4.1 Emergence of Innovative Mood Lights
- 4.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
5.AIRCRAFT LIGHTING - GLOBAL MARKET ANALYSIS
- 5.1 GLOBAL AIRCRAFT LIGHTING MARKET OVERVIEW
- 5.2 GLOBAL AIRCRAFT LIGHTING MARKET FORECAST AND ANALYSIS
6.AIRCRAFT LIGHTING MARKET REVENUE AND FORECASTS TO 2025 - SYSTEM TYPE
- 6.1 OVERVIEW
- 6.2 GLOBAL AIRCRAFT LIGHTING MARKET BREAKDOWN, BY SYSTEM TYPE, 2017 & 2025
- 6.3 COCKPIT CONSOLE LIGHTS MARKET
- 6.3.1 Overview
- 6.3.2 Cockpit Console Lights Market Forecasts and Analysis
- 6.4 AIRCRAFT CABIN LIGHTS MARKET
- 6.4.1 Overview
- 6.4.2 Aircraft Cabin Lights Market Forecasts and Analysis
- 6.5 CARGO LIGHTS MARKET
- 6.5.1 Overview
- 6.5.2 Cargo Lights Market Forecasts and Analysis
- 6.6 SEAT PROXIMITY LIGHTS MARKET
- 6.6.1 Overview
- 6.6.2 Seat Proximity Lights Market Forecasts and Analysis
- 6.7 OTHER LIGHTS MARKET
- 6.7.1 Overview
- 6.7.2 Other Lights Market Forecasts and Analysis
7.AIRCRAFT LIGHTING MARKET REVENUE AND FORECASTS TO 2025 - TECHNOLOGY
- 7.1 OVERVIEW
- 7.2 GLOBAL AIRCRAFT LIGHTING MARKET BREAKDOWN, BY TECHNOLOGY, 2017 & 2025
- 7.3 TRADITIONAL LIGHTS MARKET
- 7.3.1 Overview
- 7.3.2 Traditional Lights Market Forecasts and Analysis
- 7.4 LED LIGHTS MARKET
- 7.4.1 Overview
- 7.4.2 Led Lights Market Forecasts and Analysis
- 7.5 OLED LIGHTS MARKET
- 7.5.1 Overview
- 7.5.2 OLED Lights Market Forecasts and Analysis
- 7.6 OTHERS MARKET
- 7.6.1 Overview
- 7.6.2 Others Market Forecasts and Analysis
8.AIRCRAFT LIGHTING MARKET REVENUE AND FORECASTS TO 2025 - LIGHT TYPES
- 8.1 OVERVIEW
- 8.2 GLOBAL AIRCRAFT LIGHTING MARKET BREAKDOWN, BY LIGHT TYPE, 2017 & 2025
- 8.3 INTERIOR LIGHTS MARKET
- 8.3.1 Overview
- 8.3.2 Interior Lights Market Forecasts and Analysis
- 8.4 EXTERIOR LIGHTS MARKET
- 8.4.1 Overview
- 8.4.2 Exterior Lights Market Forecasts and Analysis
9.AIRCRAFT LIGHTING MARKET REVENUE AND FORECASTS TO 2025 - FIT TYPES
- 9.1 OVERVIEW
- 9.2 GLOBAL AIRCRAFT LIGHTING MARKET BREAKDOWN, BY FIT TYPE, 2017 & 2025
- 9.3 LINE FIT MARKET
- 9.3.1 Overview
- 9.3.2 Line Fit Market Forecasts and Analysis
- 9.4 RETROFIT MARKET
- 9.4.1 Overview
- 9.4.2 Retrofit Market Forecasts and Analysis
0.AIRCRAFT LIGHTING MARKET REVENUE AND FORECASTS TO 2025 - AIRCRAFT TYPES
- 0.1 OVERVIEW
- 0.2 GLOBAL AIRCRAFT LIGHTING MARKET BREAKDOWN, BY AIRCRAFT TYPES, 2017 & 2025
- 0.3 FIXED WING AIRCRAFTS MARKET
- 0.3.1 Overview
- 0.3.2 Fixed Wing Aircrafts Market Forecasts and Analysis
- 0.4 ROTARY WING AIRCRAFTS MARKET
- 0.4.1 Overview
- 0.4.2 Rotary Wing Aircrafts Market Forecasts and Analysis
1.AIRCRAFT LIGHTING MARKET REVENUE AND FORECASTS TO 2025 - END USER
- 1.1 OVERVIEW
- 1.2 GLOBAL AIRCRAFT LIGHTING MARKET BREAKDOWN, BY END USER, 2017 & 2025
- 1.3 COMMERCIAL MARKET
- 1.3.1 Overview
- 1.3.2 Commercial Market Forecasts and Analysis
- 1.4 DEFENSE MARKET
- 1.4.1 Overview
- 1.4.2 Defense Market Forecasts and Analysis
2.AIRCRAFT LIGHTING MARKET - GEOGRAPHICAL ANALYSIS
- 2.1 OVERVIEW
- 2.2 NORTH AMERICA AIRCRAFT LIGHTING MARKET REVENUE AND FORECASTS TO 2025
- 2.2.1 Overview
- 2.2.2 North America Aircraft lighting Market Revenue and Forecasts to 2025 (US$ Mn)
- 2.2.3 North America Aircraft lighting Market Breakdown by Key Countries
- 2.2.3.1 U.S.Aircraft lighting Market Revenue and Forecasts to 2025 (US$ Mn)
- 2.2.3.2 Canada Aircraft lighting Market Revenue and Forecast to 2025 (US$ Mn)
- 2.2.3.3 Mexico Aircraft lighting Market Revenue and Forecasts to 2025 (US$ Mn)
- 2.2.4 North America Aircraft lighting Market Breakdown by System Type
- 2.2.5 North America Aircraft lighting Market Breakdown by Technology
- 2.2.6 North America Aircraft lighting Market Breakdown by Light Type
- 2.2.7 North America Aircraft lighting Market Breakdown by Fit Type
- 2.2.8 North America Aircraft lighting Market Breakdown by Aircraft Type
- 2.2.9 North America Aircraft lighting Market Breakdown by End Users
- 2.3 EUROPE AIRCRAFT LIGHTING MARKET REVENUE AND FORECASTS TO 2025
- 2.3.1 Overview
- 2.3.2 Europe Aircraft lighting Market Revenue and Forecasts to 2025 (US$ Mn)
- 2.3.3 Europe Aircraft lighting Market Breakdown by Key Countries
- 2.3.3.1 France Aircraft lighting Market Revenue and Forecasts to 2025 (US$ Mn)
- 2.3.3.2 Germany Aircraft lighting Market Revenue and Forecast to 2025 (US$ Mn)
- 2.3.3.3 Russia Aircraft lighting Market Revenue and Forecasts to 2025 (US$ Mn)
- 2.3.3.4 U.K Aircraft lighting Market Revenue and Forecasts to 2025 (US$ Mn)
- 2.3.3.5 Rest of Europe Aircraft lighting Market Revenue and Forecasts to 2025 (US$ Mn)
- 2.3.4 Europe Aircraft lighting Market Breakdown by System Type
- 2.3.5 Europe Aircraft lighting Market Breakdown by Technology
- 2.3.6 Europe Aircraft lighting Market Breakdown by Light Type
- 2.3.7 Europe Aircraft lighting Market Breakdown by Fit Type
- 2.3.8 Europe Aircraft lighting Market Breakdown by Aircraft Type
- 2.3.9 Europe Aircraft lighting Market Breakdown by End Users
- 2.4 APAC AIRCRAFT LIGHTING MARKET REVENUE AND FORECASTS TO 2025
- 2.4.1 Overview
- 2.4.2 APAC Aircraft lighting Market Revenue and Forecasts to 2025 (US$ Mn)
- 2.4.3 APAC Aircraft lighting Market Breakdown by Key Countries
- 2.4.3.1 China Aircraft lighting Market Revenue and Forecasts to 2025 (US$ Mn)
- 2.4.3.2 India Aircraft lighting Market Revenue and Forecast to 2025 (US$ Mn)
- 2.4.3.3 Japan Aircraft lighting Market Revenue and Forecasts to 2025 (US$ Mn)
- 2.4.3.4 Rest of APAC Aircraft lighting Market Revenue and Forecasts to 2025 (US$ Mn)
- 2.4.4 APAC Aircraft lighting Market Breakdown by System Type
- 2.4.5 APAC Aircraft lighting Market Breakdown by Technology
- 2.4.6 APAC Aircraft lighting Market Breakdown by Light Type
- 2.4.7 APAC Aircraft lighting Market Breakdown by Fit Type
- 2.4.8 APAC Aircraft lighting Market Breakdown by Aircraft Type
- 2.4.9 APAC Aircraft lighting Market Breakdown by End Users
- 2.5 MIDDLE EAST & AFRICA (MEA) AIRCRAFT LIGHTING MARKET REVENUE AND FORECASTS TO 2025
- 2.5.1 Overview
- 2.5.2 MEA Aircraft lighting Market Revenue and Forecasts to 2025 (US$ Mn)
- 2.5.3 MEA Aircraft lighting Market Breakdown by Key Countries
- 2.5.3.1 Saudi Arabia Aircraft lighting Market Revenue and Forecast to 2025 (US$ Mn)
- 2.5.3.2 UAE Aircraft lighting Market Revenue and Forecasts to 2025 (US$ Mn)
- 2.5.3.3 South Africa Aircraft Lighting Market Revenue and Forecasts to 2025 (US$ Mn)
- 2.5.3.4 Rest of MEA Aircraft lighting Market Revenue and Forecasts to 2025 (US$ Mn)
- 2.5.4 MEA Aircraft lighting Market Breakdown by System Type
- 2.5.5 MEA Aircraft lighting Market Breakdown by Technology
- 2.5.6 MEA Aircraft lighting Market Breakdown by Light Type
- 12.5.7 MEA Aircraft lighting Market Breakdown by Fit Type
- 12.5.8 MEA Aircraft lighting Market Breakdown by Aircraft Type
- 12.5.9 MEA Aircraft lighting Market Breakdown by End Users
- 12.6 SOUTH AMERICA (SAM) AIRCRAFT LIGHTING MARKET REVENUE AND FORECASTS TO 2025
- 12.6.1 Overview
- 12.6.2 SAM Aircraft lighting Market Revenue and Forecasts to 2025 (US$ Mn)
- 12.6.3 SAM Aircraft lighting Market Breakdown by Key Countries
- 12.6.3.1 Brazil Aircraft lighting Market Revenue and Forecasts to 2025 (US$ Mn)
- 12.6.3.2 Rest of SAM Aircraft lighting Market Revenue and Forecasts to 2025 (US$ Mn)
- 12.6.3.3 SAM Aircraft lighting Market Breakdown by System Type
- 12.6.4 SAM Aircraft lighting Market Breakdown by Technology
- 12.6.5 SAM Aircraft lighting Market Breakdown by Light Type
- 12.6.6 SAM Aircraft lighting Market Breakdown by Fit Type
- 12.6.7 SAM Aircraft lighting Market Breakdown by Aircraft Type
- 12.6.8 SAM Aircraft lighting Market Breakdown by End Users 111
13.INDUSTRY LANDSCAPE
- 13.1 MARKET INITIATIVE
- 13.2 MERGER AND ACQUISITION
- 13.3 NEW DEVELOPMENT
14.COMPETITIVE LANDSCAPE
- 14.1 COMPETITIVE PRODUCT MAPPING
- 14.2 MARKET POSITIONING - GLOBAL TOP 5 PLAYERS
15.GLOBAL AIRCRAFT LIGHTING MARKET - KEY COMPANY PROFILES
- 15.1 HONEYWELL INTERNATIONAL INC.15.1.1 Key Facts
- 15.1.2 Business Description
- 15.1.3 Financial Overview
- 15.1.4 SWOT Analysis
- 15.1.5 Key Developments
- 15.2 COBHAM PLC.15.2.1 Key Facts
- 15.2.2 Business Description
- 15.2.3 Financial Overview
- 15.2.4 SWOT Analysis
- 15.2.5 Key Developments
- 15.3 ZODIAC AEROSPACE
- 15.3.1 Key Facts
- 15.3.2 Business Description
- 15.3.3 Financial Overview
- 15.3.4 SWOT Analysis
- 15.3.5 Key Developments
- 15.4 STG AEROSPACE LTD.15.4.1 Key Facts
- 15.4.2 Business Description
- 15.4.3 Financial Overview
- 15.4.4 SWOT Analysis
- 15.4.5 Key Developments
- 15.5 ROCKWELL COLLINS
- 15.5.1 Key Facts
- 15.5.2 Business Description
- 15.5.3 Financial Overview
- 15.5.4 SWOT Analysis
- 15.5.5 Key Developments
- 15.6 DIEHL STIFTUNG & CO.KG
- 15.6.1 Key Facts
- 15.6.2 Business Description
- 15.6.3 Financial Overview
- 15.6.4 SWOT Analysis
- 15.6.5 Key Developments
- 15.7 ASTRONICS CORPORATION
- 15.7.1 Key Facts
- 15.7.2 Business Description
- 15.7.3 Financial Overview
- 15.7.4 SWOT Analysis
- 15.7.5 Key Developments
- 15.8 OXLEY GROUP
- 15.8.1 Key Facts
- 15.8.2 Business Description
- 15.8.3 Financial Overview
- 15.8.4 SWOT Analysis
- 15.8.5 Key Developments
- 15.9 UNITED TECHNOLOGIES CORPORATION
- 15.9.1 Key Facts
- 15.9.2 Business Description
- 15.9.3 Financial Overview
- 15.9.4 SWOT Analysis
- 15.9.5 Key Developments
- 15.10 BRUCE AEROSPACE
- 15.10.1 Key Facts
- 15.10.2 Business Description
- 15.10.3 Financial Overview
- 15.10.4 SWOT Analysis
- 15.10.5 Key Developments
16.APPENDIX
- 16.1 ABOUT THE INSIGHT PARTNERS
- 16.2 GLOSSARY OF TERMS
- 16.3 METHODOLOGY
- 16.3.1 Coverage
- 16.3.2 Secondary Research
- 16.3.3 Primary Research 158
