Report
Description
A recent market intelligence report that is published by Data
Insights Partner on Aircraft Lighting Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international Aircraft Lighting Market. The
research also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and world Aircraft Lighting Market over the short as well as long period of time. A detailed
presentation of forecast, trends, and dollar values of international Aircraft
Lighting Market is offered. In
accordance with the report, the Aircraft Lighting Market is projected to expand at a CAGR of 5.4% over the period of forecast.
Market
Insight, Drivers, Restraints & Opportunity of the Market:
Aircraft lighting system provides lighting for both
exterior & interior use of the aircraft. Lights on exterior used to provide
illumination for operations like landing during night hours, inspection of the
icing conditions, & safety from the mid-air collision. Interior lighting
used to provide illumination for the instruments, cockpit, cabin, and other
sections which are being occupied by the crewmembers & the passengers.
Certain special types of lights, like indicator and warning lights, used to indicate
the operational status of the equipment. According
to the Airbus, the total number of aircraft which were being ordered from
Airbus increased by an approximate percentage of 90.8%, during the tenure 2010
to 2017. According to the CAPA fleet database, both the Airbus & Boeing are
anticipated to relish double-digit growth in terms of number of aircrafts
delivered in the year 2018, with a total 857 & 848 for the Boeing & the
Airbus. This growth factor is estimated to increase market demand for aircraft
lighting market, for better navigation. With the surge in total number count of
aircraft orders, the overall rise in demand for the LED cabin & compartment
for the business jets is anticipated to bolster the market’s growth. Producers
are gradually adopting these particular type of LED products, as they used to
reduce the maintenance cost by up to a 70 percent. Companies, like the Rockwell
Collins, have also teamed up with Comlux, for the purpose of providing the interior
lighting for the cabin solution for VIP aircraft, to influence the opportunity
of growing aircraft travelers.
Geographically, Aircraft
Lighting Market is segmented
into North America, Europe, Asia Pacific, Middle East, Africa and South America.
North America’s very robust financial position allows
it to invest profoundly in advanced solutions and technologies, thus offering
regional organizations very competitive edge, in the aircraft lighting market. Asia
Pacific is estimated to be fastest-growing market during forecast period. The market
growth is mainly due to the increase in the passenger traffic for the air
travel in the emerging nations like India & China & rise in the commercial
aircraft manufacturer in this region. As per the Aviation Week’s MRO, India is
estimated to grow at the highest CAGR with respect to aircraft fleet growth
till the year 2027. In India the market demand for aftermarket industry is
expected to be around USD 23 Billion. As per Indian government approximation, about
90% of the MRO for the Indian airlines is being outsourced to the other
countries, due to the fact Indian airlines have currently set a goal to
complete 90% of their MRO work to be done within India.
Segment
Covered:
This market intelligence report on the Aircraft
Lighting Market has been
segmented by the light type, aircraft type, by fit, by platform, by system &
region. In terms of the light type, Aircraft Lighting Market has been segregated into interior light and exterior
light. In terms of aircraft type the market has been segmented by three types
those are commercial aviation, military and business aviation. In terms of fit
the market has been segmented by OEM, aftermarket and MRO. By system the market
has been segmented by Passenger Service Unit and Cockpit Control Unit. By
platform it is been segmented by two categories those are fixed wing and rotary
wing.
Based on the lights, aircraft lighting market has been segregated
into interior & exterior. Interior segment is anticipated to grow at highest
rate due to the growing aircraft orders for the commercial aircraft &
increasing focus on the customer experience by the airlines. Based on the aircraft
type, the market has been segregated into three categories commercial, military
& general aviation. Commercial aviation section is projected to lead aircraft
lighting market in 2019, & is estimated to continue to be market leader
during forecast period.
Profiling
of Market Players:
This business intelligence report offers profiling of
reputed companies that are operating in the market. Companies such as Zodiac Aerospace ,United Technologies, Diehl Stiftung & Co. KG,
Rockwell Collins, & Astronics among others. Major strategies that are being
undertaken by the various companies which include things like new product
development and contract.
Report
Highlights:
In-depth analysis of the micro and macro indicators,
market trends, and forecasts of demand is offered by this business intelligence
report. Furthermore, the report offers a vivid picture of the factors that are steering
and restraining the growth of this market across all geographical segments. In
addition to that, IGR-Growth Matrix analysis is also provided in the report so
as to share insight of the investment areas that new or existing market players
can take into consideration. Various analytical tools such as DRO analysis,
Porter's five forces analysis has been used in this report to present a clear
picture of the market. The study focuses on the present market trends and
provides market forecast from the year 2017-2027. Emerging trends that would
shape the market demand in the years to come have been highlighted in this
report. A competitive analysis in each of the geographical segments gives an
insight into market share of the global players.
Salient
Features:
Ø This study offers comprehensive yet detailed analysis of
the Aircraft Lighting Marketg, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2019 – 2027, taking into account 2017
as the base year
Ø It explains upcoming revenue opportunities across various
market segments and attractive matrix of investment proposition for the said
market
Ø This market intelligence report also offers pivotal insights
about various market opportunities, restraints, drivers, launch of new
products, competitive market strategies of leading market players, emerging market
trends, and regional outlook
Ø Profiling of key market players in the world Aircraft Lighting Market is done by taking into account various parameters such as
company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø Leading market players covered this report comprise names
such as Zodiac Aerospace ,United Technologies, Diehl
Stiftung & Co. KG, Rockwell Collins, & Astronics among others.
Ø The data of this report would allow management
authorities and marketers of companies alike to take informed decision when it
comes to launch of products, government initiatives, marketing tactics and
expansion, and technical up gradation
Ø The world market for Aircraft Lighting Market caters to the needs of various stakeholders pertaining to
this industry, namely suppliers, product manufacturers, investors, and
distributors for Aircraft Lighting
Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø Research methodologies that have been adopted for the
purpose of this study have been clearly elaborated so as to facilitate better
understanding of the reports
Ø Reports have been made based on the guidelines as
mandated by General Data Protection Regulation
Ø Ample number of examples and case studies have been taken
into consideration before coming to a conclusion
Reasons
to buy:
v Identify opportunities and plan strategies by having a
strong understanding of the investment opportunities in the Aircraft Lighting Market
v
Identification
of key factors driving investment opportunities in the Aircraft Lighting Market Facilitate decision-making based on strong historic and
forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects