Valley Cottage, NY -- (SBWIRE) -- 12/15/2017 -- A traveller's perception of an airline carrier in the present scenario is increasingly becoming that of a luxurious and cost sensitive means of transport. Sure, aircraft can be considered as one of the fastest transportation systems operating currently, but they are also the safest way to get from one point to another. Manufacturers of commercial aircraft, as well as airline carriers operating them, constantly move towards improving the interiors of an aircraft aesthetically as well as functionally.
Aircraft interior lighting is a part of such interior systems and provides necessary illumination within the aircraft cabin as well as aids in instilling a sense of luxury and comfort in the passengers.

Major airline carriers, in an effort to improve their customer base and stay ahead of the competition, opt for various innovations in aircraft interior lighting, including but not limited to mood lighting, infinite lighting and flexible lighting. The aircraft interior lighting market is anticipated to improve in the upcoming years thanks to the growth witnessed in air travel as well as increase in the number of orders placed by airline carriers for new aircraft.

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Aircraft Interior Lighting Market: Dynamics

Air travel has steadily improved over the years with more and more travellers taking to the skies for the purpose of conveyance. High disposable income and steady improvements witnessed in general working class population have made air travel highly affordable, which is one the prime reasons for the growth observed in the number of passengers on a yearly basis. The average growth rate of the number of passengers travelling through airliners hovers around 2% each year and may further increase in the future, which is prompting airline carriers to place new orders for aircraft in order to cater to the increasing influx, which in turn is also spurring growth of the aircraft interior lighting market.

Refurbishment of old aircrafts is a growing trend among airline carriers to maintain the interior of the aircraft in pristine condition, thereby avoiding loss of customers. It is a well-known fact that the average lifespan of an aircraft ranges from 20 to 25 years. Reputed airline carriers tend to purchase new aircraft to keep their fleet young and lease their old aircraft fleet to upcoming airline carrier companies. These companies typically refurbish the entire aircraft cabin with new parts and components, thereby aiding growth of the aircraft interior lighting market.

Manufacture of an aircraft requires a huge amount of capital, specifically designed infrastructure, planning and raw material, among others. With an increase in the number of orders placed by airline carriers on aircraft manufacturers, the tendency of generating undelivered backlogs has also increased. The rate of aircraft manufacturing cannot keep up with growth in air travel and hence, this can be a restraint to the growth of the aircraft interior lighting market as manufacturers of such interior lighting systems depend on the dynamics of aircraft production.

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Aircraft Interior LightingMarket: Regional Outlook

The demand for aircraft interior lighting within different geographical locations differs based on the popularity of air travel and presence of local airline carriers. North America and Europe standout among all regions from the perspective of wide body aircraft, which have been ordered in large numbers by airline carriers currently based in these locations. Very large body aircraft are popular in the Middle East & Africa region, especially in GCC countries and hence, they are biding well for the growth of the aircraft interior lighting market in this particular region. The market in the Asia Pacific region is also estimated to grow substantially in the upcoming years, owing to high demand.