These technological advancements and smart equipment contribute to growth of the global aircraft lighting market. Advancement in technology and inclusion of smart lighting has contributed to the adoption of aircraft lighting.
Albany, NY -- (SBWIRE) -- 11/13/2017 -- There is rapid rise in demand for airplanes all over the world as it is an easier and time saving transportation medium. A variety of lights are installed in planes that are used for navigation, security, and to increase visibility during flight or when taxiing on the ground. Navigation, utility, and visibility of an aircraft depend on the utilization of the lights. They play a vital role in the overall safety and security of aircrafts. In recent years, aircraft lightings have gone through considerable technological advancements. These technological advancements and smart equipment contribute to growth of the global aircraft lighting market.
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Advancement in technology and inclusion of smart lighting has contributed to the adoption of aircraft lighting. Lights in airplanes are used for various purposes. For instance, external lights which are the navigation lights and lights that are used during takeoff and landing. Navigation lights are illuminated when the aircraft is in operation. While taking off and landing, lights enhance visibility for safe landing. Exterior aircraft lightings make the aircraft more visible to other aircrafts. Exterior aircraft lightings include navigational lighting systems, beacons, strobes, and equipment, while interior lighting systems are used to provide lighting to the cockpit, cargo hold, and cabin. These consist of lights fixed on ceilings, reading lights, mood lightings, and sidewalls. The major concern of aircrafts is security. Aircraft lightings help in maintaining the security during landing, take off and while plane is in operation. New aircraft lighting systems have advance working design that consumes less power and saves fuel.
There is increase in the frequency and the number of travelers engaging in air travel. Growth in regional economies is also contributing to the growth of the aviation sector in these regions. Furthermore, the market is witnessing huge rise in the amount of aircraft orders, enhanced low cost carriers, and emergence of new aircraft manufacturers. Increased light weight products, smart lighting, energy efficient equipment, and LED technology are anticipated to create immense business opportunities for the global aircraft market. Thus, factors such as growth in deliveries through airplanes, increase in low cost carriers, and domestic civil aviation are expected to drive the market during the forecast period.
However, challenges such as constantly increasing fuel price are expected to restrain the market during the forecast period. There is also an uncertainty in the global economy which is becoming a barrier in the growth of the aircraft lighting market. Despite these challenges, factors such as increase in air travel and aircraft industry, energy efficient lighting alternatives, and efficient aircraft lights are expected to contribute to the growth of the market in the coming years.
The aircraft lighting market can be segmented on the basis of fitting, aircraft type, technology, light type, and geography. On the basis of fitting, the market is segmented into line fit and retrofit. There are various technologies being deployed for aircraft lighting in the market. These technologies are traditional lighting systems, photo luminescent lights, LED lights, OLED lights, and custom controlled lights. By aircraft type, the market can be segmented into wide body aircraft, narrow body aircraft, very large aircraft, and regional transport aircraft. The narrow body aircraft type is projected to grow at a faster rate owing to its increased demand from airline carriers. On the basis of light type, the market can be segmented into interior lights and exterior lights. Geographically, the market can be segmented into North America, Asia Pacific (APAC), Europe, Middle East & Africa (MEA), and South America (SA).
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Key players in the aircraft lighting market are Cobham PLC., Honeywell International Inc., Diehl Stiftung & Co. Kg, Zodiac Aerospace, Bruce Aerospace United Technologies Corporation, STG Aerospace, B/E Aerospace, Inc., Aircraft Lighting International, Luminator Aerospace, Astronics Corporation, and AveoEngineering Group.