Aircraft Lighting Systems Market by Light Type (Interior and Exterior) and Aircraft Type (Wide Body, Narrow Body, Very Large Aircraft, and Regional Jets) - Global Opportunity Analysis and Industry Forecast, 2017-2023
Portland, OR -- (SBWIRE) -- 11/30/2017 -- The aircraft lighting systems help to improve the operation of an aircraft by providing visibility, safety, and accuracy. Moreover, various technological developments to enhance the fuel efficiency and performance of the aircraft are performed in these lights. These systems offer clear visibility to pilots for path detection in bad weather conditions and to avoid collision. Similarly, these systems play a crucial role to guide the ground staff while landing and takeoff.
The factors that drive the aircraft lighting systems market growth are increase in air travel, growth in demand for new aircraft, and rise in need for light-weighted aircraft components & new technological advancements in the market. However, high initial costs hamper the market growth.
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The global aircraft lighting systems market is segmented into light type, aircraft type, and region. Based on light type, it is divided into exterior and interior lighting systems. Based on aircraft type, it is classified into wide body, narrow body, very large aircraft, and regional jets. The market is analyzed based on region across North America, Europe, Asia-Pacific, and LAMEA including country level analysis for each region.
The key players operating in the global aircraft lighting systems market include Diehl Stiftung & Co. Kg., Zodiac Aerospace, United Technologies Corporation, B/E Aerospace, Inc., Luminator Aerospace, Cobham PLC., Honeywell International Inc., STG Aerospace Limited, Astronics, and Geltronix Aviation Light.
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This study includes the analytical depiction of the global aircraft lighting systems market along with current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities and detailed impact analyses.
The current market is quantitatively analyzed from 2016 to 2023 to highlight the financial competency of the aircraft lighting systems industry.
Porter's Five Forces analysis illustrates the potency of buyers & suppliers in the industry.