Image

Global Aircraft Exterior Lighting Market – Industry Trends and Forecast to 2031

Semiconductors and Electronics

Image

Global Aircraft Exterior Lighting Market – Industry Trends and Forecast to 2031

  • Semiconductors and Electronics
  • Upcoming Report
  • Jan 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Aircraft Exterior Lighting Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 158.30 Billion
Diagram Market Size (Forecast Year) USD 235.70 Billion
Diagram CAGR %

Major Markets Players

  • Dummy1
  • Dummy2
  • Dummy3
  • Dummy4
  • Dummy5

Global Aircraft Exterior Lighting Market, By Aircraft Type (Commercial Aviation, Business Jets and General Aviation, Military Aviation, Helicopters), Light Type (Interior Lights, Exterior Lights), Light Source (Led, Fluorescent), Fit Type (Line Fit, Retro Fit), End User (Commercial, Military), Sales Channel (Original Equipment Manufacturer (OEM), Aftermarket) - Industry Trends and Forecast to 2031.

Aircraft Exterior Lighting Market

Aircraft Exterior Lighting Market Analysis and Size

Increasing number of passengers and their preference towards air transport, improving financial status along with rising growth of the aviation sector across the globe, increase in aircraft demand and a shift from incandescent lights to LED lights, rising need of lighting products with longer life Increasing production rates of key commercial and regional aircraft are some of the major as well as vital factors which will likely to augment the growth of the aircraft lighting market. On the other hand, rising demand for non-electrical floor path lighting to reduce aircraft weight, growing number of urban air mobility platforms along with technological advancements in the interior lighting system which will further contribute by generating massive opportunities that will lead to the growth of the aircraft lighting market.

Data Bridge Market Research analyzes that the global aircraft exterior lighting market is valued at USD 158.3 million in 2023 and is expected to reach USD 235.7 million by 2031, registering a CAGR of 5.1% during the forecast period of 2024-2031. “Commerical aviation” segments accounts the highest market share due to the increasing usage of software as a services tools among the consumer. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024-2031

Base Year

2022

Historic Years

2021

Quantitative Units

Revenue in USD million, Volumes in Units, Pricing in USD

Segments Covered

By Aircraft Type (Commercial Aviation, Business Jets and General Aviation, Military Aviation, Helicopters), Light Type (Interior Lights, Exterior Lights), Light Source (Led, Fluorescent), Fit Type (Line Fit, Retro Fit), End User (Commercial, Military), Sales Channel (Original Equipment Manufacturer (OEM), Aftermarket)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of the Middle East and Africa

Market Players Covered

Astronics Corporation (U.S.), Cobham Limited (U.S.), Diehl Stiftung & Co. KG; (U.S.), Heads Up Technologies(U.S), Safran (U.S.), Oxley Group(U.S.), Collins Aerospace(U.S.), SODERBERG MANUFACTURING COMPANY INC. (U.S.)

Market Opportunities

  • Adoption of digital technologies
  • Increasing number of passengers and their preference towards air transport

Market Definition

Aircraft lighting is a critical part of the framework of aviation. It provides the operation of the aircraft with protection, visibility, and accurate navigation. Various technology-based advances have been carried out that boost performance and fuel consumption. These lights provide pilots in the cockpit with good vision to prevent a crash and to correct the direction in harsh climatic conditions

Global Aircraft Exterior Lighting Market Dynamics

Drivers

  • Growing Adoption of Mood Lighting

Currently, global players in the market are constantly focusing on developing new technologies such as mood lighting. The mood lighting in the cabin of the airplane can be used for boarding, dining, and other such scenarios. It can modify the appearance and ambience of the cabin creating pleasant, warm surrounding for the passengers. These mood lightings are made by fitting various colored LED lights in the seats and in the cabin of the airplane. In 2017, Brussels Airlines launched Tomorrowland themed plane Amare in that mood lighting was used to create ambience of the Tomorrowland festival for the passengers. Moreover, many airlines started upgrading their existing interiors with mood lighting.

Thus, growing adoption of mood lighting may contribute to the growth of the aircraft lighting market, during the forecast period.

Opportunities

  • Increasing use of advanced technologies

Artificial intelligence and machine will truly benefit the market in the long run. Such advanced technologies offer greater degree of security and safeguards the crucial information of the user. Advanced analytics and video analytics offer security and safety against proactive risks and therefore, this will spread a positive word of mouth for the transaction monitoring technology on a global scale.

  • Growth and expansion

Growth and expansion of banking and financial services industry especially in the developing economies will present very many opportunities for the growth of the market. Additionally, the increasing trend of digitalization further offers numerous growth opportunities within the market. Rising number of end users on daily basis, both at large and small scale and complete digitization of operations will also work in favor of the market.

Restraints/Challenges

  • Lack of technical expertise

Lack of expert knowledge and technical expertise and lack of awareness especially in the underdeveloped economies will create hurdles for the market in regards to the smooth growth in the market value. In addition, the stringent regulations imposed on the market concerned with the privacy of the general public will further derail the market growth rate.

  • High Up-Front Cost of LED Lights

Currently LED lights are costly, price per lumen, compared to other types of light sources. The LEDs are more frequently used in the airplane than most of the conventional technologies which results in higher initial capital investment in the lightings. Although the high cost of the LEDs is counterbalanced by less energy consumption and less maintenance cost. The manufacturers of the LEDs may work upon reducing production cost of the LEDs and improving the output light of the lights.

This market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on aircraft lighting market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

  • In July 2023,  French aerospace firm Thales has entered exclusive negotiations to acquire cockpit radio and satcom specialist Cobham Aerospace Communications for around $1.1 billion

Global Aircraft Exterior Lighting MarketScope

 The aircraft exterior lighting market is analysed and market size, volume information is provided by aircraft type, light type, light source, fit type, sales channel and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Aircraft Type

  • Commercial Aviation
  • Business Jets and General Aviation
  • Military Aviation
  • Helicopters
  • Wearables

Light Type

  • Interior Lights
  • Exterior Lights

Light Source

  • Led
  • Fluorescent

Fit Type

  • Line Fit
  • Retro Fit

End  User

  • Commerical
  •  Military

Sales Channel

  • Orginal Equipment Manufacturer (OEM)
  • Aftermarket

Global Aircraft Exterior Lighting MarketRegion Analysis/Insights

The aircraft exterior lighting market market is analyzed and market size information is provided by country, aircraft type, light type, light source, fit type, end user, and sales channel as referenced above.

The countries covered in the market report are U.S., Canada, Mexico, Brazil, Argentina, rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, and rest of the Middle East and Africa.

North America is expected to dominate the market due to the rise in passenger traffic, increase in demand for aircraft lights along with prevalence of various aircraft manufacturers in the region.

Asia-Pacific region is expected to show significant growth due to the surging levels of foreign investment along with the rise in passenger traffic in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data..

Semiconductor Infrastructure growth Installed base and New Technology Penetration

The aircraft exterior lighting market also provides you with a detailed market analysis for every region’s growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the global artificial intelligence in marketing market, the impact of technology using lifeline curves, and changes in battery regulatory scenarios and their impact on the variable frequency drive market. The data is available for the historic period 2010-2020.

Competitive Landscape and Global Aircraft Exterior Lighting MarketShare Analysis

The aircraft exterior lighting marketis analyzed, and market size information is provided by country, product type & application. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the aircraft exterior lighting market.

Some of the major players operating in the aircraft exterior lighting market are

  • Astronics Corporation (U.S.)
  • Cobham Limited (U.S.)
  • Diehl Stiftung & Co. KG (U.S.)
  • Heads Up Technologies(U.S.)
  • Safran (U.S.)
  • Oxley Group (U.S.)
  • Collins Aerospace (U.S.)
  • SODERBERG MANUFACTURING COMPANY INC. (U.S.)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Get online access to the report on the World's First Market Intelligence Cloud

  • Interactive Data Analysis Dashboard
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
  • Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Request for Demo

FREQUENTLY ASK QUESTIONS

The aircraft exterior lighting market size will be worth USD 235.7 million by 2031.
The growth rate of the aircraft exterior lighting market is 5.1% in the forecast by 2031.
The growing adoption of mood lighting is the growth driver of the aircraft exterior lighting market.
Aircraft type, light type, light source, fit type, sales channel and end user are the factors on which the aircraft exterior lighting market research is based.
Major companies in the aircraft exterior lighting market are Astronics Corporation (U.S.), Cobham Limited (U.S.), Diehl Stiftung & Co. KG; (U.S.), Heads Up Technologies(U.S), Safran (U.S.), Oxley Group(U.S.), Collins Aerospace(U.S.), SODERBERG MANUFACTURING COMPANY INC. (U.S.)
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials