Aircraft Lighting Market worth 2.94 Billion USD by 2022
According to the new market research report "Aircraft Lighting Market by Aircraft Type
(Commercial, Military, Business), Platform (Fixed, Rotary), Light Type (Interior, Exterior),
Fit (OEM, Aftermarket), System (Passenger Service Unit, Cockpit Control Unit) - Global
Forecast to 2022", The aircraft lightingmarket is projected to grow from an estimated USD 2.25
Billion in 2017 to USD 2.94 Billion by 2022, at a CAGR of 5.48% during the forecast period.
Increase in aircraft orders, increased passenger traffic, and increased upgradation of aircraft are
some of the key factors driving the aircraft lighting market.
The interior light segment in the aircraft lighting market is estimated to be the fastest-growing
during the forecast period. This growth is attributed to an increase in the demand for ceiling and
wall lighting for aircraft.
Based on aircraft type, the commercial aviation segment is projected to grow at the highest CAGR
during the forecast period. Increase in aircraft orders and demand for enhanced passenger
experience, especially in long-haul aircraft is one of the key factors driving this segment of the
aircraft lighting market.
Based on platform, the fixed wing segment in the aircraft lighting market is projected to grow at
the highest CAGR during the forecast period. The growth can be attributed to increased aircraft
orders by airlines globally.
Based on fit, the aftermarket segment in the aircraft lighting market is projected to grow at the
highest CAGR during the forecast period. The growth can be attributed to increased upgradation
of existing aircraft by airlines globally.
Based on system, the passenger service unit segment in the aircraft lighting market is projected to
grow at the highest CAGR during the forecast period. The growth can be attributed to increase in
aircraft deliveries and upgradation of existing aircraft by airlines globally.
Asia Pacific is expected to be the fastest-growing market during the forecast period. The growth
is largely due to an increase in air passenger traffic in emerging countries such as India and China
and rise in commercial aircraft manufacturers in the region.
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