Commercial Aircraft Interior Lighting Market 2019-2024 Regional Segmentation by Industry Size, Share, Market Dynamics, CAGR Status, and Forecast

Commercial Aircraft Interior Lighting

The “Commercial Aircraft Interior Lighting Market” report studies the competitive environment of the Commercial Aircraft Interior Lighting market is based on company profiles and their efforts on increasing product value and production. Commercial Aircraft Interior Lighting market report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 5 years, key development in past five years.

Commercial Aircraft Interior Lighting Market report offers an extensive collection of reports on different markets covering crucial details. Unusual growth strategies adopted by various companies are creating new standards for competition in the global market. Businesses around the world are aiming at increasing their profit margin and establishing a stronghold in the global market. The factors that affect these segments are also discussed in detail in the report.

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Market Overview:

  • The commercial aircraft interior lighting market is anticipated to register a CAGR of over 5.5% during the forecast period.
  • Increasing order for new aircraft will simultaneously generate the demand for advanced cabin lighting systems.
  • Preference for new LED and OLED lights to enhance customer experience during the flight will support the growth of the lighting market.
  • The aging aircraft are undergoing refurbishment to extend their service life, which will further generate a demand for cabin interior products like lighting. Traditional lights are being replaced by advanced LEDs that have a long life, easy installation, low power consumption, and robust des
  • Scope of the Report:

  • Cabin lighting systems create an atmosphere of comfortable illumination for passengers and crew members. The study includes lighting solutions only for the aircraft cabin. Premium economy class lighting is included within the economy class segment.
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    Leading Key Players Are:

  • Collins Aerospace
  • STG Aerospace
  • Cobalt Aerospace
  • Safran
  • Diehl Stiftung & Co. KG
  • SELA
  • Astronics
  • Luminator Technology Group
  • SCHOTT AG
  • Cobham PLC
  • SODERBERG MANUFACTURING COMPANY INC.
  • Bruce Aerospace
  • Key Market Trends:

    Narrow-body Aircraft segment will experience the highest growth

    Airlines are adopting new technologies to enhance passenger experience during flights. Of the total orders received by Boeing and Airbus in the past three years, almost 65-70% of the orders were for narrow-body aircraft. In terms of deliveries in 2018, narrow-body aircraft dominated the market. Wide-body aircraft segment is losing its share because of lesser orders. However, the interior lighting market for wide-body aircraft segment is expected to improve due to the increasing cabin refurbishment programs for the aging wide-body aircraft. Airlines like Emirates, British Airways, and Etihad, serving luxury and premium passengers, will be the highest spenders in cabin lighting in the coming years. In 2018, Spanish low-cost operator, Volotea, selected STG Aerospace’s full-color Airbus liTeMood LED cabin lighting system for its A319 aircraft. In total, 45 full-color liTeMood systems were planned to be installed on the first batch. Also, as LCC operators continue to prefer single aisle aircraft, the narrow-body aircraft segment will experience the highest growth during the forecast period.

    North America currently dominates the commercial aircraft interior lighting market

    Bombardier and Boeing are two major OEMs based in North America that manufacture commercial aircraft. However, the demand for cabin lighting is not only generated by aircraft OEMs but also from airlines as part of retrofit programs. For instance, in 2018, Alaska Airlines selected STG Aerospace for its next-generation saf-Tglo SSUL photoluminescent emergency escape path marking system (EEPMS) on 116 aircraft across its retrofitted and new Boeing 737-700, MAX9 and Airbus A320 family fleets. Delta Airlines and American Airlines also plan to replace the lighting system on some of their aging aircraft fleet. However, the demand for commercial aircraft interior lighting will be highest from the Asia-Pacific region, wherein, several airlines plan to retrofit their new aircraft with an advanced lighting system to enhance their passenger experience during flight.

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    What are the market factors that are explained in the report?

    - Key Developments: Dual Fuel Generator market report includes the key strategic developments of the market, new product launch, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market.

    - Market Features: Dual Fuel Generator market report estimated key market structures, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.

    - Logical Tools: Global Dual Fuel Generator market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return examination have been used to analyze the growth of the key players operating in the market.

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