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2020
Aircraft Lighting Market

Aircraft Lighting Market

by Interior Lights (Emergency Lights, Specialty Lights, Wash Lights, Reading Lights, and Lavatory Lights), Exterior Lights (Aircraft Visibility Lights, Pilot Lights, and Specific Purpose Lights), Aircraft Application (Commercial, Business Jets, Military, and Helicopters), and Light Type (LEDs and Fluorescent): Global Opportunity Analysis and Industry Forecast, 2020-2027
Update Available On-Demand

Report Code: A06273
Pages: 256
May 2020 | 6197 Views
Author(s) : Abhay S
Tables: 129
Charts: 61
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COVID-19

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Aircraft Lighting Market Statistics - 2027

The global aircraft lighting market was valued at $1.4 billion in 2019, and is projected to reach $2.0 billion by 2027, registering a CAGR of 4.7%.        

Lighting plays an important role in an aircraft to provide illumination for the pilot. These lightings are mounted on different locations in the aircraft that are categorized into interior lightings and exterior lightings. Exterior lighting system deployed in aircraft helps the pilot to get improved visibility of the surrounding, where as interior lights help in providing a better view in the interior of aircraft. In addition, lighting system aesthetically enhances both interior and exterior of the aircraft and correspondingly increases the conspicuity of the aircraft. Lighting comprises signaling devices as well as other display devices thus helping the passengers in an efficient way such as in emergency situations or to inform the passengers about the safety guidelines. Traditionally, incandescent lights were used in aircraft, however, the introduction of LEDs has enabled the manufacturers to install them to offer enhanced illumination, which has led to the growth of the global aircraft lighting market.

Aircraft-Lighting-Market-2020-2027

Factors such as increase in aircraft demand and shift from incandescent lights to LED lights are expected to drive the global aircraft lighting market. However, high cost of LEDs and delayed delivery of aircraft are the factors that are expected to restrain the growth of aircraft lighting market during the forecast period. On the contrary, surge in demand for lightweight aircraft components is expected to provide lucrative opportunity for the growth of the global market in the near future.

The global aircraft lighting market is segmented into interior light, exterior light, aircraft application, light type, and region. Depending on interior light, the market is categorized into emergency lights, specialty lights, wash lights, reading lights, and lavatory lights. On the basis of exterior light, it is fragmented into aircraft visibility lights, pilot lights, and specific purpose lights. By aircraft type, it is segregated into commercial, business jets, military, and helicopters. As per light type, it is classified into florescent light and LEDs. Region wise, it is studied across North America, Europe, Asia-Pacific, and LAMEA. 

Aircraft Lighting Market
By Interior Lights

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Reading Lights is projected as the most lucrative segments

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Key players operating in the global aircraft lighting market include Aeroleds, Astronics Corporation, Beadlight Limited, Bruce Aerospace, Cobham PLC, Heads Up Technologies, Honeywell International Inc., Madelec Aero, Safran, and Whelen Aerospace 

Increase in aircraft demand

With improvement in economy across various countries, the demand for advanced aircraft, which are equipped with latest technologies has been witnessed to increase considerably. This need for better and efficient aircraft across the globe has enabled component manufacturers to develop advanced components such as lighting system and display system to be installed within the aircraft, which eventually supplements the growth of the global aircraft lighting market. Numerous companies such as AeroLEDs, Astronics Corporation, and Bruce Aerospace along with other local manufacturers have developed and introduced lights of different intensity, which find their major application in aircraft. Hence, increase in demand for aircraft has enabled lighting manufacturers to develop better and efficient lighting systems, which eventually leads to the growth of aircraft lighting market.

Aircraft Lighting Market
By Exterior Lights

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Aircraft visiblity lights is projected as the most lucrative segments

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Shift from incandescent lights to LED lights

Consumers have shifted their preference from the use of incandescent lights toward LEDs, owing to the introduction of LEDs to be installed within the lighting system of aircraft, which has fueled the aircraft lighting market growth. This shift is attributed to the fact that LED offers enhanced visibility as compared to incandescent lights. Furthermore, shorter service life of old halogen or incandescent lights is the major factor, which has enabled aircraft component manufacturers to opt for LED lights. These factors effectively have contributed toward the growth of the global aircraft lighting market.

Aircraft Lighting Market
By Aircraft Applications

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Business Jets is projected as the most lucrative segments

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High cost of LED

LED lights are commonly used lighting technologies in aerospace and automotive industries. Application of LED in aircraft, especially in exterior lighting has increased, due to the enhanced performance of LEDs as well as their associated benefits such as reduction in power consumption, cooler temperature, and the longer service life. However, during the installation of LED as a form of visibility light, significant amount of heat is dispersed into the emitters, which can be controlled only with the installation of other equipment such as negative temperature coefficient (NTC) thermistor, which allows a limited current to flow through the circuit, thus enabling LEDs to produce less heat. This eventually increases the cost for LED lights to be used in aircraft, thereby restraining the growth of global market.

Aircraft Lighting Market
By Light Type

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LED is projected as the most lucrative segments

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Demand for lightweight aircraft components

With the introduction of advanced aircraft across the globe, the demand for lightweight components to be equipped within the aircraft has increased. This is attributed to the fact that manufacturers have focused on offering lightweight components, which eventually help in the reduction of weight of the aircraft. Furthermore, conventional lightings used in aircraft include fluorescent lights for visibility; however, with the introduction of better and efficient lightings, the need to install them has increased as they are lighter in weight as compared to older lightings used in aircraft. Hence, the demand for lightweight aircraft components is expected to create a positive impact on the aircraft industry, thus providing remunerative opportunity for the growth of the global market. 

Aircraft Lighting Market
By Region

2027
North America 
Europe
Asia-pacific
Lamea

North America would exhibit the highest CAGR of 5.1% during 2020-2027.

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Key Benefits For Stakeholders

  • This study presents the analytical depiction of the global aircraft lighting market analysis along with the current trends and future estimations to depict imminent investment pockets.

  • The overall aircraft lighting market opportunity is determined by understanding profitable trends to gain a stronger foothold.

  • The report presents information related to the key drivers, restraints, and opportunities of the global aircraft lighting market with a detailed impact analysis.

  • The current aircraft lighting market is quantitatively analyzed from 2020 to 2027 to benchmark the financial competency.

  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Aircraft Lighting Market Report Highlights

Aspects Details
By Interior Lighting
  • Emergency Lights
  • Specialty Lights
  • Wash Lights
  • Reading Lights
  • Lavatory Lights
By Exterior Lighting
  • Aircraft Visibility Lights
  • Pilot Lights
  • Specific Purpose Lights
By Aircraft Type
  • Commercial aircraft
  • Business jets
  • Military aircraft
  • Helicopters
By Light Type
  • LED
  • Fluorescent
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (UK, Germany, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, Australia, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players AeroLEDs, Astronics Corporation, Bruce Aerospace, Beadlight Limited, Cobham Limited, Honeywell International Inc., Heads Up Technologies, Madelec Aero, Safran, Whelen Aerospace Technologies
 

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Lighting act as an essential  part of an aircraft, as it is a key medium for visibility inside and outside the aircraft, thus ensuring the safety of passengers and aircraft. The aircraft lighting market is expected to witness high growth during the forecast period, due to increase in production of commercial airliners. In addition, surge in number of passengers and rise in need to enhance their travel experience have led to increase in adoption of better and efficient lighting systems. Moreover, surge in demand and production of freight aircraftto transport massive volume of goods to longer distances is expected to increase the demand foraircraft  lighting. Furthermore, technological advancements in LED & organic LED lighting systems and increase in government investments for aircraft development are expected to drive the aircraft lighting market growth. 
At present, LED lights are being used worldwide, owing to better visibility offered by LEDs as well as their prolonged service life. Numerous companies such as AeroLEDs, Astronics Corporation, Bruce Aerospace, and Honeywell International have been operating effectively in the aircraft lighting market to offer advanced products, which further propels the growth of the global market.

Factors such as increase in aircraft demand and shift in preference from incandescent lights to LED lights are expected to drive the market growth. However, high cost of LEDs and the delayed delivery of aircraft limit the adoption of aircraft lighting, thereby hampering the growth of the global market. On the contrary, the demand for lightweight aircraft components is expected to provide lucrative opportunity for the growth of the market in the near future.
 

Among the analyzed regions, North America is the highest revenuecontributor, followed by Asia-Pacific, Europe, and LAMEA. On the basis of forecast analysis, North America is expected to maintain its lead during the forecast period, owing to increase in production of aircraft across North America as compared to other regions. 
 

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FREQUENTLY ASKED QUESTIONS?

A. Covid-19 will have severe impact on the aircraft lighting market as it will reduce the aircraft production to a much larger extent which also impacts the aircraft components manufacturers in reducing their production for concerned products.

A. Wash lights accounts for 25% to 30% of the market share in the aircraft lighting industry owing to the wider usage of efficient wash lights in an aircraft.

A. The sample of aircraft lighting market can be obtained on demand from the website.

A. The competitive developments in aircraft lighting includes newly designed LEDs to be installed in an aircraft. These new developed products are developed by different companies who offer lighting products thus leading to the growth of the global market.

A. The potential customers in the aircraft lighting market includes the airecraft manufacturers who manufacture aircrafts and require advanced lightings which leads to the growth of aircraft lighting market.

A. "The leading players in aircraft lighting includes Aeroleds, Astronics Corporation, Beadlight Limited, Bruce Aerospace and others who offer a wider range of aircraft lighting products thus holding a major market share in the global aircraft lighting market. "

A. The company profiles of the top ten players of the aircraft lighting market market can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the aircraft lighting industry along with their last three year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue generated.

A. Based on the analysis carried out, North America is expected to provide more business opportunities for aircraft lighting in future due to the increased revenue and better growth rate.

A. The service providers of aircraft lighting industry are the different aircraft manufacturers who are developing better and advanced aircrafts which are equipped with efficient lighting system thus propelling the growth of the global market.

A. The key growth startegies of aircraft lighting industry players includes product development and launch, followed by different partnerships and expansions related in the field of aircraft lighting thus leading to the growth of the market.

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