Aircraft Lighting Market

According to Stratistics MRC, the Global Aircraft Lighting Market is accounted for $2.82 billion in 2023 and is expected to reach $5.10 billion by 2030 growing at a CAGR of 8.8% during the forecast period. The various lighting systems and equipment installed on an aircraft to increase visibility and safety while in flight are referred to as aircraft lighting. These lighting systems perform a number of tasks, such as lighting the runway during takeoff and landing, giving pilots visual aids, and communicating the location and status of the aircraft to other pilots and ground personnel. The exterior lights provide illumination for activities like nighttime navigation, landing, checking for icing conditions, and avoiding a midair collision. In addition, interior lighting illuminates the areas used by the crew and passengers, such as the cockpits, cabins, and other areas.

According to the International Energy Agency (IEA), a Paris-based autonomous intergovernmental organisation, global LED lighting sales climbed from 42% in 2019 to 48% in 2021 and are anticipated to reach 99% by 2030.



Market Dynamics:

Driver:

Increased demand for replacing traditional aircraft lights with modern lights

As the airline industry is primarily focused on improving passenger experience and comfort by installing cutting-edge aircraft interior systems, airline operators worldwide are heavily investing in aircraft modernization programs and increasing contracts with OEMs to upgrade conventional cabin interiors and lighting systems. In order to ensure that specifications are met, interior lighting must also offer sufficient illumination in relation to an aircraft's installation distance or angle. The market is expanding due to rising spending in the aviation industry and rising spending on the design and development of cutting-edge aircraft interiors.

Restraint:

Growing backlogs in aircraft deliveries and high cost of LEDs

Production of aircraft has decreased as a result of the economic downturn in the supply chain and distribution channels. The backlog for airplanes is expected to grow as a result of the slowdown. Moreover, LEDs and their components are very expensive. Due to the meticulous manufacturing process, these lights are pricey. These lights must produce enough illumination for the installation distance or angle in an airplane in order to comply with standards.

Opportunity:

Technological advancements

Through technological developments and advancements in the aircraft lighting industry, lighting systems' performance, longevity, and energy efficiency are all being increased. OLED (Organic light-emitting diode) technology, for instance, is becoming more and more popular in the aircraft lighting market because it offers flexible, lightweight, and excellent lighting options that can be incorporated into a variety of cabin components, such as seat panels, overhead bins, and sidewalls. These technological advancements are anticipated to further support the market growth for aviation lighting during the anticipated time frame.

Threat:

Stringent regulations

Aircraft Lighting is more expensive than E-glass, carbon fiber, or aramid. Due to its opaque nature, basalt is much harder to heat uniformly than glass and requires manufacturing modifications like keeping the molten material in a reservoir for a longer period of time or using a two-stage heating system. Contrary to transparent glass, opaque basalt absorbs infrared light rather than transmitting it. As a result, standard overhead gas burners in glass furnaces have trouble evenly heating the basalt mixture. The technical difficulties involved in making Aircraft Lightings are limiting market expansion.

Covid-19 Impact

The COVID-19 pandemic has had an adverse impact on the entire aviation sector, including the market for aircraft lighting systems. Companies in the aircraft lighting system market were significantly impacted by international travel restrictions and the worldwide grounding of commercial aviation. In addition, the manufacturing sector was hampered by inadequate logistics support brought on by trade and travel restrictions. The pandemic's effect on economies also had an enormous impact on the aircraft lighting system market.

The narrow-body aircraft segment is expected to be the largest during the forecast period

The narrow-body aircraft segment is expected to maintain its dominance over the forecast period due to a number of factors, including rising consumer demand for visually appealing cabin interiors in short-haul aircraft and lighting upgrades in contemporary narrow-body aircraft platforms to improve passenger comfort and a pleasant atmosphere on board. Due to the lifting of restrictions on domestic air travel, domestic airlines are also recovering the fastest during the pandemic, impressively driving up market demand for the sector.

The aftermarket segment is expected to have the highest CAGR during the forecast period

As the major airline companies concentrate on repair and overhaul (MRO) services and aftermarket and maintenance for cabin lighting, the aftermarket segment is driven by rising demand for post-delivery retrofit modifications by the airlines in the predicted timeframe. Moreover, government investments in the development of aircraft and technological advancements, particularly in LED lighting, are some other factors supporting the expansion of the aftermarket sector.

Region with largest share:

The Asia-Pacific region is expected to be a significant player in the global aviation lighting market during the forecast period. A growing middle class with more disposable income has resulted from rapid economic development, particularly in developing countries like China and India, which has raised demand for air travel. Sales of aviation lighting have increased as a result of the region's affordability of packaged and room air conditioners. Moreover, the growth of e-commerce and the alluring discounts offered on these platforms are further fueling the demand for airplane lighting in the Asia-Pacific region.

Region with highest CAGR:

Over the forecast period, the North American aircraft lighting market is anticipated to expand rapidly. The demand for various types of aircraft lighting, particularly ceiling versions, has increased in this area as a result of the increased necessity for passenger comfort and safety. Record-breaking heat waves have led to a rise in the use of aircraft lighting solutions, particularly in the United States. Additionally, the demand for intelligent lighting systems for aircraft has increased in this region due to the growing popularity of smart homes and appliances.



Key players in the market

Some of the key players profiled in the Aircraft Lighting Market include AeroLEDs, Astronics Corporation, Aveo Engineering Group s.r.o., B/E Aerospace, Inc., Beadlight Limited, Bruce Aerospace Inc., Cobham PLC, Collins Aerospace, Diehl Stiftung & Co. KG, Heads Up Technologies, Honeywell International Inc., Luminator Technology Group, Madelec Aero, Oxley Group, Precise Flight Inc., Rockwell Collins, Inc., Safran, Soderberg Manufacturing Company, Inc., STG Aerospace Limited, United Technologies Corporation, Whelen Aerospace Technologies and Zodiac Aerospace.

Key Developments:

In August 2023, Astronics Corporation, a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, announced that it has accepted purchase orders to provide certain electrical power distribution, conversion, and vehicle charge control capabilities from ten eVTOL aircraft OEMs who are developing electrical aircraft for emerging air mobility missions. These orders include Astronics’ previously announced program win to provide its enhanced CorePower® electrical power distribution system for the Lilium Jet.

In June 2023, Astronics Corporation, a leading provider of advanced technologies for global aerospace, defense, and other mission critical industries, announced that it has been selected by Airbus to supply Passenger Service Units (PSUs) for the A220 Family of aircraft. This award marks the first PSU collaboration between Astronics and Airbus.

In January 2022, AeroLEDs, LLC is pleased to announce FAA-STC approval for the SunSpot™ 36 and 46 Series LED Landing and Taxi lights on various Sikorsky Models, adding to their already expansive list of FAA certifications. This STC is available exclusively through Sterling Helicopter, enabling owners of rotorcraft covered under this STC to immediately upgrade to the highest performing LED technology on the market today.

Lighting Types Covered:
• Interior Lights
• Exterior Lights

Aircraft Types Covered:
• Fixed-Wing
• Rotary-Wing
• Narrow-Body Aircraft
• Wide-Body Aircraft

Fit Types Covered:
• Inline Fit
• Retrofit

Technologies Covered:
• Light Emitting Diode (LED)
• Fluorescent

Sales Channels Covered:
• Original Equipment Manufacturer (OEM)
• Aftermarket

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026 and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances