Market Overview
Global Aircraft Cabin Lighting Market is expected to exhibit a strong 7% CAGR over the forecast period from 2020 to 2025, according to the latest research report from Market Research Future (MRFR). The market was valued at more than USD 1.4 billion in 2020.
Aircraft cabin lighting is an important part of the aircraft cabin experience and plays a key role in determining the ambiance of aircraft interiors. The increasing emphasis on enhancing the cabin experience for aircraft passengers is likely to be a major driver for the global aircraft cabin lighting market over the forecast period. Passenger airlines make the interior ambiance a key part of their selling tactics these days, with add-ons taking on an important role in luring more customers to airlines. This is likely to be a major driver for the global aircraft cabin lighting market, as mood lighting and other innovations in lighting are likely to rise in demand over the forecast period.
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The increasing demand for lightweight lighting systems is likely to be a key driver for the global aircraft cabin lighting market. Reducing the weight of aircraft components has become a major strategy for airliners, as reducing fuel consumption has become ever more important. Reducing the weight of aircraft components is the most efficient way of reducing the fuel consumption, leading to a growing demand for lightweight aircraft interior components. On the other hand, the reduction in airline traffic due to the COVID-19 pandemic is likely to be a key restraint on the global aircraft cabin lighting market.
Competitive Leaderboard
Leading players in the Global Aircraft Cabin Lighting Market include Bruce Aerospace, Aveo Engineering Group, Soderberg Manufacturing Company Inc., Heads Up Technologies, Oxley Group, Precise Flight Inc., Luminator Technology Group, STG Aerospace Ltd., Astronics Corporation, Cobham plc, United Technologies Corporation, Diehl Stiftung & Co. KG, Honeywell International Inc., Safran, and Rockwell Collins.
In May 2020, Rockwell Collins signed a general terms agreement with Comlux, under which Rockwell Collins will gain the use of Comlux’s comprehensive product portfolio, including avionics, cabin management, and lighting products, among others.
Segmentation
Global Aircraft Cabin Lighting Market is segmented based on lighting type, element, aircraft type, end use, and region.
Based on light type, the Aircraft Cabin Lighting Market has been segmented into reading lights, ceiling & wall, signage, floor path lighting, and lavatory lights. The reading lights segment accounted for the largest market share in 2020 and is expected to witness the highest CAGR during the forecast period from 2019 to 2025. Increasing aircraft orders and rising focus on passenger experience are expected to drive the segment’s growth.
Based on elements, the aircraft cabin lighting market has been segregated into light source, electronics, software systems, assembly, and others. The software systems segment accounted for the largest market share in 2020 and is expected to grow at the highest CAGR during the forecast period. Increasing development of connected aircraft is expected to drive the growth of the segment. Software systems support various mechanisms such as enabling scheduling of the cabin light timing according to landing, takeoff, or midair operations.
Based on aircraft type, the aircraft cabin lighting market has been classified as narrow body, wide-body, and very large aircraft. The narrow body aircraft segment accounted for the largest market share in 2020 and is expected to grow at the highest CAGR from 2019 to 2025. The growing demand for narrow-body aircraft in the Asia Pacific and the Middle East regions is expected to drive the growth of the segment.
Based on end user, the market has been divided into OEM and aftermarket. The aftermarket segment dominated the market in 2020. However, the OEM segment is expected to witness a higher CAGR during the forecast period from 2019 to 2025. Increasing aircraft deliveries in the Asia Pacific region is expected to drive the segment growth.
Regional Analysis
North America accounted for the largest share in the global aircraft cabin lighting market in 2020, due to the presence of several of the world’s largest airlines in the region. However, Asia Pacific is expected to grow at the highest growth rate over the forecast period from 2019 to 2025.
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