PUBLISHER: Lucintel | PRODUCT CODE: 1417322
PUBLISHER: Lucintel | PRODUCT CODE: 1417322
Aircraft Cabin Lighting Trends and Forecast
The future of the global aircraft cabin lighting market looks promising with opportunities in the commercial and military aircrafts markets. The global aircraft cabin lighting market is expected to reach an estimated $2.01 billion by 2030 with a CAGR of 9.0% from 2024 to 2030. The major drivers for this market are highesr usage of LED lighting in aircraft cabin owing to the focus on energy savings and growing usage of advanced cabin lighting systems to provide improved infrastructure to meet the customer satisfaction levels.
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Aircraft Cabin Lighting by Segment
The study includes a forecast for the global aircraft cabin lighting by fit, type, aircraft type, and region.
List of Aircraft Cabin Lighting Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aircraft cabin lighting companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aircraft cabin lighting companies profiled in this report include-
Aircraft Cabin Lighting Market Insights
Lucintel forecasts that retrofit is expected to witness highest growth over the forecast period due to high growth of aftermarket demand for aircraft lighting along with maintenance, repair, and operations (MRO) services.
Asia Pacific is expected to witness highest growth over the forecast period due to due to an increase in air traveler traffic, an aged fleet of aircraft cabins that need lighting maintenance and replacement, and improvements in in-cabin lighting technologies.
Features of the Global Aircraft Cabin Lighting Market
Market Size Estimates: Aircraft cabin lighting market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Aircraft cabin lighting market size by fit, type, aircraft type, and region in terms of value ($B).
Regional Analysis: Aircraft cabin lighting market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different fit, type, aircraft type, and regions for the aircraft cabin lighting market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the aircraft cabin lighting market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1 What is the aircraft cabin lighting market size?
Answer: The global aircraft cabin lighting market is expected to reach an estimated $2.01 billion by 2030.
Q.2 What is the growth forecast for aircraft cabin lighting market?
Answer: The global aircraft cabin lighting market is expected to grow with a CAGR of 9.0% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the aircraft cabin lighting market?
Answer: The major drivers for this market are highesr usage of LED lighting in aircraft cabin owing to the focus on energy savings and growing usage of advanced cabin lighting systems to provide improved infrastructure to meet the customer satisfaction levels.
Q4. What are the major segments for aircraft cabin lighting market?
Answer: The future of the aircraft cabin lighting market looks promising with opportunities in the commercial and military aircrafts markets.
Q5. Who are the key aircraft cabin lighting market companies?
Answer: Some of the key aircraft cabin lighting companies are as follows.
Q6. Which aircraft cabin lighting market segment will be the largest in future?
Answer: Lucintel forecasts that retrofit is expected to witness highest growth over the forecast period due to high growth of aftermarket demand for aircraft lighting along with maintenance, repair, and operations (MRO) services.
Q7. In aircraft cabin lighting market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to witness highest growth over the forecast period due to due to an increase in air traveler traffic, an aged fleet of aircraft cabins that need lighting maintenance and replacement, and improvements in in-cabin lighting technologies.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.