2020-2024 Commercial Aircraft Interior Lighting Market Size, Status, Opportunities and Future Outlook- Collins Aerospace, STG Aerospace, Cobalt Aerospace, Safran

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The report presents an in-depth assessment of the Global Commercial Aircraft Interior Lighting including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global Commercial Aircraft Interior Lighting investments from 2020 till 2024.

Cabin lighting systems create an atmosphere of comfortable illumination for passengers and crew members. The study includes lighting solutions only for the aircraft cabin. Premium economy class lighting is included within the economy class segment.

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Top Leading Manufactures-

Collins Aerospace, STG Aerospace, Cobalt Aerospace, Safran, Diehl Stiftung & Co. KG, SELA, Astronics, Luminator Technology Group, SCHOTT AG, Cobham PLC, SODERBERG MANUFACTURING COMPANY INC., Bruce Aerospace

Scope Of The Report

The commercial aircraft interior lighting market is anticipated to register a CAGR of over 5.5% during the forecast period.

Increasing order for new aircraft will simultaneously generate the demand for advanced cabin lighting systems.
Preference for new LED and OLED lights to enhance customer experience during the flight will support the growth of the lighting market. The aging aircraft are undergoing refurbishment to extend their service life, which will further generate a demand for cabin interior products like lighting. Traditional lights are being replaced by advanced LEDs that have a long life, easy installation, low power consumption, and robust design.

Market Scenario

Narrow-body Aircraft segment will experience the highest growth

Airlines are adopting new technologies to enhance passenger experience during flights. Of the total orders received by Boeing and Airbus in the past three years, almost 65-70% of the orders were for narrow-body aircraft. In terms of deliveries in 2018, narrow-body aircraft dominated the market. Wide-body aircraft segment is losing its share because of lesser orders. However, the interior lighting market for wide-body aircraft segment is expected to improve due to the increasing cabin refurbishment programs for the aging wide-body aircraft. Airlines like Emirates, British Airways, and Etihad, serving luxury and premium passengers, will be the highest spenders in cabin lighting in the coming years. In 2018, Spanish low-cost operator, Volotea, selected STG Aerospaces full-color Airbus liTeMood LED cabin lighting system for its A319 aircraft. In total, 45 full-color liTeMood systems were planned to be installed on the first batch. Also, as LCC operators continue to prefer single aisle aircraft, the narrow-body aircraft segment will experience the highest growth during the forecast period..

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What are the market factors that are explained in the report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a Global and regional scale.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Analytical Tools: Global Commercial Aircraft Interior Lighting Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

The research includes historic data from 2014 to 2020 and forecasts until 2024 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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Commercial Aircraft Interior Lighting Market Latest Advancements, Trends and Demands 2019 to 2024

Commercial Aircraft Interior Lighting Market

Global Commercial Aircraft Interior Lighting Market 2019-2024 is a comprehensive report which provides a detailed overview of the major driver, opportunities, challenges, current market trends and strategies impacting the Global Commercial Aircraft Interior Lighting market in conjunction with calculation and forecast of size, share, and growth rate analysis. Combining the analysis capabilities and knowledge integration with the relevant findings, the report has foretold the robust future growth of the Commercial Aircraft Interior Lighting market all told its geographical and merchandise segments.

The commercial aircraft interior lighting market is anticipated to register a CAGR of over 5.5% during the forecast period.

The Global Commercial Aircraft Interior Lighting market is highly competitive and consists of a number of major players. Companies, like Collins Aerospace, STG Aerospace, Cobalt Aerospace, Safran, Diehl Stiftung & Co. KG, SELA, Astronics, Luminator Technology Group, SCHOTT AG, Cobham PLC, SODERBERG MANUFACTURING COMPANY INC., Bruce Aerospace among others.

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Scope of the Report:

Cabin lighting systems create an atmosphere of comfortable illumination for passengers and crew members. The study includes lighting solutions only for the aircraft cabin. Premium economy class lighting is included within the economy class segment.

(Special Offer: Get flat 30% discount on this report)

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Key Market Trends:

Narrow-body Aircraft segment will experience the highest growth

Airlines are adopting new technologies to enhance passenger experience during flights. Of the total orders received by Boeing and Airbus in the past three years, almost 65-70% of the orders were for narrow-body aircraft. In terms of deliveries in 2018, narrow-body aircraft dominated the market. Wide-body aircraft segment is losing its share because of lesser orders. However, the interior lighting market for wide-body aircraft segment is expected to improve due to the increasing cabin refurbishment programs for the aging wide-body aircraft. Airlines like Emirates, British Airways, and Etihad, serving luxury and premium passengers, will be the highest spenders in cabin lighting in the coming years. In 2018, Spanish low-cost operator, Volotea, selected STG Aerospaces full-color Airbus liTeMood LED cabin lighting system for its A319 aircraft. In total, 45 full-color liTeMood systems were planned to be installed on the first batch. Also, as LCC operators continue to prefer single aisle aircraft, the narrow-body aircraft segment will experience the highest growth during the forecast period.

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The key insights of the Commercial Aircraft Interior Lighting Market report:

  • The report provides key statistics on the market status of the Commercial Aircraft Interior Lighting market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
  • The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
  • The Commercial Aircraft Interior Lighting market report presents the company profile, product specifications, capacity, production value, and 2014-2019 market shares for key vendors.
  • The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
  • The report estimates 2019-2024 market development trends of Commercial Aircraft Interior Lighting Market.
  • Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
  • The report makes some important proposals for a new project of Commercial Aircraft Interior Lighting Industry before evaluating its feasibility.

Finally, Commercial Aircraft Interior Lighting Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Commercial Aircraft Interior Lighting industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

Reasons to Purchase this report:

– The market estimate (ME) sheet in Excel format

– Report customization as per the client’s requirements

– 3 months of analyst support

Media Contact Us:

Irfan Tamboli (Head of Sales) – Market Insights Reports

Phone: + 1704 266 3234 | +91-750-707-8687

sales@marketinsightsreports.com| irfan@marketinsightsreports.com