Aircraft Lighting System Market Size & Growth Analysis (2023 - 2030)

The Global Aircraft Lighting Systems Market was at US$ 2,126 million in 2022, and it is foreseen to reach US$ 3,166 million by 2030 with an expansion rate (CAGR) of 4.10% between 2022 and 2030.

In 1903, first flight was reported to be conducted by Wright brothers. Now in 21^st century air transport is constantly being developed and modernized. Aviation industry is directly related to factors such as politics, health, defense and economics. Despite the ups and downs in such factors aviation industry provides better global connectivity as a means of fastest transportation.  One of the major security concerns of aircraft is that of aircraft lighting system. Aircrafts currently is been installed with lighting system with better security features and less power consumption.  

The Aircraft Lighting System is anticipated to rise further in global market. With the increase of adoption of LED lighting system and rise in demand for passengers, as commercial aircraft being fastest mode of transport. The aircraft lighting system will grow in coming time.

Market Drivers & Restraints

Drivers

The Air traffic is anticipated to rise further in coming times. The commercial flights both international and domestic is demanding a greater number of aircrafts. This is increasing the market for Aircraft Lightning System market. The adoption of LED lighting system technology is increasing in aviation industry. The carbon reduction (Emission of Carbon Dioxide) from latest and advanced aircraft lighting system like LED (Light-emitting Diode), Incandescence, Photo Luminescent, and strobe, is saving and improving earth’s environment conditions.

In April 2022, IFPL group UK-based, interface solution specialist for airline passengers) has acquired Cobalt Aerospace Group (UK-based company providing service like wireless chargers, emergency floor path and LED mood lighting). From this acquisition there will be more demand for LED lighting in Aircraft Lighting system market.

Restraints

The Covid-19 epidemic has brought decrease in Air traffic and, in aviation industry. The tourism sector is also affected with this epidemic resulting in less air travel. The initial cost for installation of Aircraft lightning systems is high as compared with convectional method of lighting system for Aircraft. Also, the maintenance cost of Aircraft lighting system is high as compared with convectional.

AIRCRAFT LIGHTING SYSTEMS MARKET REPORT COVERAGE

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Market Segmentation Analysis

According to IATA (International Air Transport Association), the Aircraft transport is the leading safest mode of transport among the transportation sector around the globe. Aircraft consists of several components. Each type of Aircraft is researched and developed for better flight condition and safety of passengers, pilot and crew associated with Aircraft. One such component is Lightning system used in aircraft. As per our report on aircraft lighting system market is segmented and sub-segmented into the following categories:

Aircraft Lighting Systems Market - By Lighting Type

• LED

• Incandescence

• Photo Luminescent

• Strobe

• Others

Here, LED is demanded more in global market amongst other lighting type. LED is not heavy, has longer life, cost-effective and easy to use.

Aircraft Lighting Systems Market - By Aircraft Type

• Commercial Aircraft

• Military Aircraft

• Cargo Air Craft

The commercial aircraft is anticipated to increase further in global market among Military aircraft and Cargo aircraft. Commercial aircraft carries several numbers of passengers from one destination to another, within short time. The fastest mode of transportation available for passengers worldwide is Commercial aircraft.

Aircraft Lighting Systems Market - By Service Lighting

• Cargo Bay

• Wheel Wells

• Equipment Bays

• Fueling Panels

Aircraft Lighting Systems Market - By Interior Lighting Application

• Cockpit Lighting

  • Radio Navigation system lighting

  • Compass Lighting

  • Fuel Panels Lighting

  • Engine indication lighting

  • Others

• Cabin Lighting

  • Floor & Wall and Ceiling Lighting

  • Reading Lights

  • Lavatory Lighting

  • Signage lighting

• Emergency Lighting

  • Exit Marking Signs

  • General Cabin Illumination

  • Floor Escape Path

The Cabin lighting is in more demand amongst emergency lighting and cockpit lighting as aircraft uses a greater number of LED lights in aircraft cabin.

Aircraft Lighting Systems Market - By Exterior Lighting Application

• Aircraft Visibility Lighting

  • Navigation & Position Lights

  • Beacon Lights or Anti-Collision Lights

  • Strobe Lights

• Pilot Visibility Lighting

  • Taxi Lights

  • Runway Turnoff Lights

  • Landing Lights

  • Wind Inspection Lights

• Specific Purpose Lighting

  • Logo Lights

  • Search Lights

  • Formation Lights

  • Others

• Exterior Emergency Lighting

Among Exterior lighting application and Interior lighting application of Aircraft Lighting system, Interior lighting application has largest shares in global market. The interior lighting application is mostly used in different types of aircraft. While Exterior lighting application is utilized typically at Airports. The number of aircrafts is far greater than number of Airports worldwide. Therefore, more aircraft lighting system is used in different aircrafts.

Impact of COVID-19 on Aircraft Lighting Systems Market

Since the outbreak of Covid-19 epidemic, in December 2022, the Air traffic among the globe has harshly reduced. According to IATA and associated press releases more than forty five percent decrease is seen in Air traffic, of both in international airlines and domestic airlines. In the initial period of epidemic, commercial flights had been cutdown in resuming operation of flights along with shutdown of Airports to control the spread of Covid-19 virus.

The Aircraft Lighting system market was also directly affected with decrease in air traffic. But in mid and late months of year 2022, there was a slight rise in air traffic both in international and domestic flights. Many countries across the world signed international treaties and agreements allowing different types of aircrafts and passengers to travel between countries. One such international agreement is Air bubble agreement. This agreement was mostly introduced to aviation sector during Covid-19. Under Air bubble agreement more than 28 countries has been registered. The countries included under this agreement consist of USA, India, Canada, U.K., Germany, France, Bahrain, Qatar, UAE, Sri Lanka and many others. The air traffic is anticipated to increase in coming time, as Airports and International flight operations are gradually opened, allowing to operate in its full capacity. So, with increase in air traffic, the Aircraft Lighting System market is to rise further.

Regional Analysis

North America is capturing the largest shares in Aircraft Lighting System market, globally. According to International press releases USA has presence of a greater number of aircrafts than other countries worldwide. USA, in the year 2022 had the largest number of Military aircraft worldwide, according to media and press reports. Additionally, the use of LED lighting system is in more demand and increased usage, in USA air transportation sector. The major manufactures of aircrafts are situated mostly in USA and Canada belonging to North America region.

Europe is capturing the second largest shares in Aircraft Lighting system market, globally. U.K., France and Germany are developing advanced aircraft. This advanced aircraft is helping to provide safety and comfortability to passengers. European countries are mostly approving LED lighting system technology.

Asia-Pacific is expected to flourish in Aircraft Lighting system market, globally. The expansion of aviation sector in countries like China and India is providing an opportunity for aircraft lighting system industry to rise. The tourism sector of Asia-Pacific countries like Japan, Thailand, China, India and others, is increasing due to rise in demand from tourist.

Top Leading Companies

The key players in the Aircraft Lighting Systems Market include STG Aerospace Limited (U.K), Honeywell International Inc. (USA), Soderberg Manufacturing Company Inc. (USA), Luminator Technology Group (USA), Cobham PLC (USA), Diehl Stiftung & Co. Kg (Germany), Oxley Group (U.K), Astronics Corporation (USA), Precise Flight, Inc. (USA) and Collins Aerospace (USA).