Report Description
The global commercial aircraft interior lighting market size is anticipated to expand at a robust CAGR during the forecast period, 2021-2028. The growth of the market is attributed to increasing demand for advanced cabin lighting systems.
Commercial aircraft lighting systems offer illumination for both external and interior usage. Exterior lights offer lighting for activities such as night landings, ice inspections, and safety against mid-air collisions. Instruments, cockpits, cabins, and other areas inhabited by crew and passengers are illuminated by interior lighting. The functioning condition of equipment is indicated by specific lights such as indicator and warning lights.
In case of emergency, the interior lights and floor path marking units illuminate the cabin so that people can be led to the exits or move across the aisle. Aerospace provides a variety of emergency lights, which are integrated in the ceiling, walls, monuments, and seats, among others.
Market Trends, Drivers, Restraints, and Opportunities:
- Rising demand for modern cabin lighting systems in aircrafts is one of the major drivers that is contributing to the growth of the commercial aircraft Interior lighting market.
- Increasing preference for modern LED and OLED lighting that can enhance the customer experience throughout the journey is fueling the market growth.
- The COVID-19 pandemic resulted in air travel limitations on domestic and international flights, which negatively impacted the aviation sector. However, relaxation in restrictions on air travel is expected to help the market reach pre-COVID levels soon.
- Replacement of traditional lights with advanced interior lighting during the refurbishment of old aircrafts is expected to foster the growth of the market.
Scope of the Report
The report on the global commercial aircraft interior lighting market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Commercial Aircraft Interior Lighting Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Aircrafts (Narrow-body, Wide-body, and Regional Aircraft), Lights (Reading Lights, Ceiling and Wall Lights, Signage Lights, Lavatory Lights, and Floor Path Lighting Stripes), and Cabin Classes (Economy Class, Business Class, and First Class)
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Regional scope
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North America, Europe, Asia Pacific, Latin America, and Middle East and Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Collins Aerospace (United Technologies Corporation); STG Aerospace Limited; Cobalt Aerospace Group; Diehl Stiftung & Co. KG; and Safran SA.
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Commercial Aircraft Interior Lighting Market Segment Insights:
Narrow-body segment is expected to grow at a rapid pace
On the basis of aircrafts, the market is segregated into narrow-body, wide-body, and regional aircraft. The narrow-body segment is projected to expand at a considerable CAGR during the forecast period. Narrow body aircraft accounted for around 65% of the total Boeing and Airbus's orders in the last three years. On the other hand, the wide-body segment is anticipated to account for a major market share during the forecast period. Rising number of wide-body aircraft cabin renovation initiatives is driving the segment growth. Increasing cabin lighting expenditures to enhance the experience for customers in business class is propelling the market segment growth.
Ceiling and Wall Lights segment is expected to grow at a robust pace
On the basis of lights, the market is segregated into reading lights, ceiling and wall lights, signage lights, lavatory lights, and floor path lighting stripes. The ceiling and wall lights segment is expected to grow at a robust pace during the forecast period due to its premium look. On the other hand, the floor path lighting stripes segment is anticipated to account for a significant market share during the forecast period. In a smoke-filled cabin. emergency floor path illumination provides guidance to passengers during the evacuation, which is mandatory in the aircraft.
Economy segment is projected to represent a large market share
On the basis of cabin classes, the market is segregated into economy class, business class, and first-class. The economy segment is projected to expand at a considerable market share during the forecast period. Economy class is preferred by large part of population owing to its low price range. On the other hand, the first-class segment is projected to expand at a considerable market share during the forecast period due to high-class services and facilities provided in the first-class.
North America is anticipated to constitute a key market share
In terms of regions, the commercial aircraft Interior lighting market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a significant share of the market during the forecast period. Bombardier and Boeing are two of North America's prominent aircraft manufacturers. However, the demand for cabin lighting has not only been contributed by aircraft original equipment manufacturers but also by retrofit projects. Conversely, the market in Asia is anticipated to expand at a rapid pace during the forecast period due to increasing number of people preferring air travel owing to rising disposable income.
Segments
Segments Covered in the Report
The commercial aircraft Interior lighting market has been segmented on the basis of
Aircrafts
- Narrow-body
- Wide-body
- Regional Aircraft
Lights
- Reading Lights
- Ceiling and Wall Lights
- Signage Lights
- Lavatory Lights
- Floor Path Lighting Stripes
Cabin Classes
- Economy Class
- Business Class
- First Class
Regions
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
Key Players
- Collins Aerospace (United Technologies Corporation)
- STG Aerospace Limited
- Cobalt Aerospace Group
- Diehl Stiftung & Co. KG
- Safran SA
Competitive Landscape
Key players competing in the Commercial Aircraft Interior Lighting market are Collins Aerospace (United Technologies Corporation); STG Aerospace Limited; Cobalt Aerospace Group; Diehl Stiftung & Co. KG; and Safran SA.
Product innovation plays an important role for the present key players to enhance their market share. Moreover, long-term contracts from original equipment’s manufacturers help companies to maintain stable growth with the increasing aircraft orders.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Commercial Aircraft Interior Lighting Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Commercial Aircraft Interior Lighting Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Commercial Aircraft Interior Lighting Market - Supply Chain
4.5. Global Commercial Aircraft Interior Lighting Market Forecast
4.5.1. Commercial Aircraft Interior Lighting Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Commercial Aircraft Interior Lighting Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Commercial Aircraft Interior Lighting Market Absolute $ Opportunity
5. Global Commercial Aircraft Interior Lighting Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Commercial Aircraft Interior Lighting Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Commercial Aircraft Interior Lighting Demand Share Forecast, 2019-2026
6. North America Commercial Aircraft Interior Lighting Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Commercial Aircraft Interior Lighting Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Commercial Aircraft Interior Lighting Demand Share Forecast, 2019-2026
7. Latin America Commercial Aircraft Interior Lighting Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Commercial Aircraft Interior Lighting Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Commercial Aircraft Interior Lighting Demand Share Forecast, 2019-2026
8. Europe Commercial Aircraft Interior Lighting Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Commercial Aircraft Interior Lighting Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Commercial Aircraft Interior Lighting Demand Share Forecast, 2019-2026
9. Asia Pacific Commercial Aircraft Interior Lighting Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Commercial Aircraft Interior Lighting Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Commercial Aircraft Interior Lighting Demand Share Forecast, 2019-2026
10. Middle East & Africa Commercial Aircraft Interior Lighting Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Commercial Aircraft Interior Lighting Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Commercial Aircraft Interior Lighting Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Commercial Aircraft Interior Lighting Market: Market Share Analysis
11.2. Commercial Aircraft Interior Lighting Distributors and Customers
11.3. Commercial Aircraft Interior Lighting Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Collins Aerospace (United Technologies Corporation)
STG Aerospace Limited
Cobalt Aerospace Group
Diehl Stiftung & Co. KG
Safran SA