Aircraft Cabin Lighting Market  Drivers Aircraft Cabin Lighting Market by Light Type (Reading Lights, Ceiling & Wall, Signag...

Aircraft Cabin Lighting Market to have 7% growth during forecast period 2018 -2023

Aircraft Cabin Lighting Market Drivers
Aircraft Cabin Lighting Market Drivers

Aircraft Cabin Lighting Market by Light Type (Reading Lights, Ceiling & Wall, Signage, Floor Path Lighting, Lavatory Lights), Aircraft Type (Narrow Body, Wide Body, Very Large Aircraft), End-User (OEM and Aftermarket), & Region – Forecast till 2023

Aircraft cabin lighting Overview:

Aircraft cabin lighting plays an integral role in enhancing the passenger experience. The global aircraft cabin lighting market depends on this factor significantly and is expecting substantial growth during the forecast period (2018-2023), reveals Market Research Future (MRFR). Lighting impacts the mood of the passengers and can provide a stress-free ambiance.
Furthermore, the latest technologies have enabled engineers to come up with lighter and energy-efficient lights that would help in fuel efficiency. Especially, in newer aircrafts, these types of lightings are in vogue. Safety compliance and passenger experience are triggers that can give the aircraft cabin lighting market much-needed boost for coming years. The report in its holistic approach covers all the drivers and segments to provide an insightful prediction for the aircraft cabin lighting market.  
The North America region is expected to dominate the market in future, due to the presence of major commercial aircraft manufacturers, such as Boeing. Europe is presently second to North America in the global aircraft cabin lighting market, and is estimated to trail North America during the forecast period;  due to regulation imposed by regulatory bodies, such as the European Aviation Safety Agency (EASA), for usage of cabin lighting in aircraft Thus, the global aircraft cabin lighting market is estimated to witness a CAGR of 7% from 2018 to 2023.
On the flip side, airlines are incurring heavy losses which can hold back the service providers from using such technologies and dampen the market prospect. However, the plateaued effect cannot sustain for long as passenger satisfaction get the first preference in this industry, and it can steer away from the aircraft cabin lighting market from heavy losses during the forecast period.
Industry Trend:
Airbus is planning to launch new technology in lighting cabins. They desire to implement atmospheric lighting scenarios to take the experience of their passengers a notch higher. Rockwell Collins is also planning to light up the cabin ceiling with high-resolution images using the panel lights.
SCHOTT’s Helio Curve is introducing lighting for seats that would allow highlighting the contour. This can also be used for defining corridors or any outline as they can be fitted on any type of surface.
The global aircraft cabin lighting market can be segmented by light type, aircraft type, and end-user.
Based on light type, the aircraft cabin lighting market can be segmented into reading lights, ceiling & wall, signage, floor path lighting, and lavatory lights. Reading lights segment has the widest usage and the largest market share.
Based on aircraft type, the aircraft cabin lighting market includes narrow body, wide body, and very large aircraft. Narrow body aircraft are very popular in Asia Pacific (APAC) and the Middle East regions which are driving the sector forward.
Based on end-user, the aircraft cabin lighting market can be segmented into aftermarket and original equipment manufacturer (OEM). Aftermarket segment is gaining much traction due to an increase in aircraft deliveries which subsequently propels lighting market growth.

Regional Analysis:
Based on the geographical analysis, the aircraft cabin lighting market covers North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America.
Major aircraft manufacturers are all based out of North America which gives the regional substantial patronage in taking the market forward. The regional market’s rise to the top can be attributed to that. At the same time, the presence of several service providers is also helping the region to gain much from revenue.
Europe has the second largest market and the regulations regarding aircraft cabin lighting is propelling the business further.

Market Insight:
The market is finding much success in new product launches, successful mergers and acquisitions, and collaborations. For instance, Rockwell Collins’s agreement with Comlux is opening up a new direction in VIP and business jets. Astronics Corporation, on the other hand, has signed a contract with Airbus to install cabin emergency lighting system. 
Prominent players in the global aircraft cabin lighting market are Rockwell Collins (U.S.), Zodiac Aerospace (France), Honeywell International (U.S.), Diehl Stiftung & Co. (Germany), United Technologies (U.S.), Cobham Plc (U.K), Astronics Corporation (U.S.), STG Aerospace Limited (U.K), Luminator Technology Group (U.S.), and Precise Flight Inc. (U.S.).