PUBLISHER: The Business Research Company | PRODUCT CODE: 1409171
PUBLISHER: The Business Research Company | PRODUCT CODE: 1409171
“Aircraft Cabin Lighting Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on aircraft cabin lighting market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for aircraft cabin lighting? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The aircraft cabin lighting market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
The aircraft cabin lighting refers to a lighting system that illuminates the passenger compartment of an aircraft. Interior lighting provides illumination for instruments, cockpits, cabins, and other sections occupied by crewmembers and passengers. Certain special lights, such as indicator and warning lights, indicate the operation status of equipment.
The aircraft cabin lighting market encompasses various types such as wash lighting, emergency lighting, lavatory lights, reading and dome lights, and specialty lighting. Wash lighting refers to the uniform and diffuse illumination technique used to evenly light up interior surfaces, enhancing passenger comfort and creating a consistent ambient atmosphere. It involves technologies such as halogen, LED, and other innovations, and caters to different aircraft categories such as narrow-body, wide-body, regional jet, and general aviation. Fit options include retro fit and line-fit, serving end users such as Original Equipment Manufacturer (OEM) and Aftermarket segments.
The aircraft cabin lighting market research report is one of a series of new reports from The Business Research Company that provides aircraft cabin lighting market statistics, including aircraft cabin lighting industry global market size, regional shares, competitors with a aircraft cabin lighting market share, detailed aircraft cabin lighting market segments, market trends, and opportunities, and any further data you may need to thrive in the aircraft cabin lighting industry. This aircraft cabin lighting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The aircraft cabin lighting market size has grown strongly in recent years. It will grow from $1.37 billion in 2023 to $1.47 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth observed in the historical period can be linked to several factors, notably the expansion of airline fleets, a concerted emphasis on enhancing passenger experiences, increased demands for energy efficiency, a heightened focus on passenger health and well-being, and the evolving trends in aircraft interior design.
The aircraft cabin lighting market size is expected to see strong growth in the next few years. It will grow to $1.92 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The projected growth in the forecast period for Air Transport Maintenance, Repair, and Overhaul (MRO) is driven by factors such as the demand from emerging markets, increased interest in retrofitting, a growing trend towards aircraft interior customization, sustainability initiatives, and the offering of personalized lighting options. Notable trends expected in the forecast period include the adoption of retro-inspired lighting, anti-jetlag lighting solutions, the integration of voice-activated controls, biometric lighting adjustments, and the implementation of dynamic ambient lighting within the aviation industry.
The upsurge in aircraft production is poised to act as a catalyst propelling the growth trajectory of the aircraft cabin lighting market. Aircraft production involves the manufacturing of airplanes and related components, including propulsion systems and avionics. Cabin lighting, a significant contributor to an airline's overall aesthetics and branding, stands to benefit from this rise. Notably, in January 2023, Airbus SE reported the delivery of 661 commercial aircraft to 84 customers in 2022-an 8% surge compared to 2021. This surge underscores the increasing demand for aircraft, consequently driving the market for cabin lighting.
The burgeoning growth in passenger air traffic is set to drive the expansion of the aircraft cabin lighting market. Passenger air traffic, gauged by various metrics such as passenger numbers, flight operations, and industry revenue, is a key factor influencing this market's trajectory. Cabin lighting plays a pivotal role in crafting a comfortable and secure environment for passengers during flights, becoming an influential factor in attracting customers and fueling the demand for enhanced cabin lighting solutions. Evidently, in February 2023, the International Air Transport Association (IATA) reported a staggering 152.7% surge in international passenger traffic in 2022 compared to the previous year. This surge, particularly prominent in the Asia-Pacific region with a 363.3% increase, underscores the growing demand for enhanced cabin lighting solutions aligned with the burgeoning passenger air traffic.
Prominent entities in the aircraft cabin lighting market are at the forefront of innovation, introducing groundbreaking products such as LED Flex Light, designed to offer vibrant, animated lighting within the confines of aircraft cabins. LED Flex Light, a flexible lighting solution integrating light-emitting diodes (LEDs) on a flexible substrate, enables versatile and customizable illumination in diverse applications. A prime example is STG Aerospace's introduction of 'The Curve' in June 2023-a revolutionary LED Flex light adaptable for seamless cabin-wide lighting. The Curve's flexibility allows it to meet geometric and aesthetic requirements where traditional linear lights fall short. This product's customizable features, allowing the control of color, transition, and intensity in individual segments, offer a spectrum of 16 million colors. The launch of The Curve represents a significant milestone in aircraft cabin lighting innovation, providing unparalleled flexibility, adaptability, and customization to meet the evolving needs of the aviation industry and enhance passenger experiences.
The aircraft cabin lighting market is witnessing a notable surge in the integration of micro-LED technology, a trend gaining significant traction. Micro-LED technology, renowned for its ability to create highly efficient and visually appealing flexible displays, is becoming a focal point for major players in this market. Notably, in February 2023, Collins Aerospace made strides in this domain by introducing Elements business class suite and Secant Luminous Panel with micro-LED technology aboard STARLUX Airlines' A350 fleet. This groundbreaking technology enables the display of customized lighting arrays, video content, and imagery, effectively transforming previously vacant cabin spaces into illuminated canvases. Airlines now have the flexibility to integrate these panels into the cabin lighting environment, leveraging their adaptability for branding and marketing endeavors or utilizing them as stand-alone artistic elements.
In August 2022, Heads Up Technologies Inc., a prominent US-based manufacturer specializing in lighting and cabin management systems, made a strategic move by acquiring STG Aerospace for an undisclosed sum. This acquisition serves as a strategic initiative for Heads Up Technologies to expand its portfolio of lighting solutions, catering to the critical needs of both original equipment manufacturers (OEMs) and operators within the aviation market. STG Aerospace, a UK-based firm renowned for its innovative and cost-effective aviation lighting solutions, including cabin lighting and photoluminescent path marking systems, aligns seamlessly with Heads Up Technologies' vision to broaden its offerings and strengthen its foothold in the aviation lighting segment.
Major companies operating in the aircraft cabin lighting market report are Astronics Corporation, Diehl Aerospace GmbH, Honeywell International Inc., Luminator Technology Group LLC, Safran S.A., Collins Aerospace, Heads Up Technologies Inc., Soderberg Manufacturing Co.Inc., Cobalt Aerospace Cobham PLC, Aveo Engineering Group s.r.o., Bruce Aerospace Inc., Raytheon Technologies Corporation, Precise Flight Inc., Oxley Group, STG Aerospace, Luminator Aerospace, SELA, CML Innovative Technologies, ST Aerospace, Schott AG, AD Aerospace, Nordam Group, Vision Systems, Lumitex Inc., Beadlight Ltd
North America was the largest region in the aircraft cabin lighting market in 2023. Asia-Pacific is expected to be the fastest-growing region in the aircraft cabin lighting market report during the forecast period. The regions covered in the aircraft cabin lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the aircraft cabin lighting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The aircraft cabin lighting market consists of sales of spotlights, ceiling lights, cockpit lights, and sign lights. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.