Illuminating the Future: Exploring the Aircraft Cabin Lighting Market Forecast, 2019-2026

OREGAON, PORTLAND, UNITED STATES, June 29, 2023/EINPresswire.com/ — Allied Market Research published a report, titled, “Aircraft Cabin Lighting Market by Type (Emergency Lighting and Ordinance Signs, Lavatory Lights, Reading & Dome Lights, Specialty Lighting, and Wash Lighting), Fit (Retro Fit and Line-Fit), and Aircraft Type (Commercial, Military, and Other Aircrafts): Global Opportunity Analysis and Industry Forecast, 2019–2026.” The report provides a detailed analysis of the drivers & opportunities, wavering market trends, competitive market scenario, and market size & estimates. According to the report, the aircraft cabin lighting industry was estimated at $1.16 billion in 2018 and is expected to hit $1.74 billion by 2026, registering a CAGR of 5.2% during the estimated period.

Increase in aircraft deliveries, efficient alternatives to existing interior lights, and rise in number of air passengers drive the growth of the global aircraft cabin lighting market. On the other hand, existing backlog of aircraft deliveries and high initial cost restrain the growth to some extent. However, high-end advancement in interior lighting system technology are expected to create an array of lucrative opportunities for the key players in the industry.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 : https://www.alliedmarketresearch.com/request-sample/2134

The increase in number of passengers, high demand for retro fit traditional light, and new aircraft demand are the factors that drive the global market growth. Rising demand for repair and overhaul services for aircraft lighting is positively affecting the aircraft cabin lighting market. However, lack of profitable airlines in emerging economies is estimated to restrain the market growth. In addition, alternative modes of transport and airline order backlogs are hampering the aircraft cabin lighting market growth.

Based on type, the aircraft cabin lighting market size, is segmented into emergency lighting and ordinance signs, lavatory lights, reading & dome lights, specialty lighting, and wash lighting. Emergency lightings and ordinance signs are used to indicate the safety procedures and protocols during critical situations. Lavatory lights are used in commercial aircrafts to inform about the availability of lavatory. Reading & dome lights provide optimal reading conditions in high-ceiling cabins. Specialty lighting is used in aircraft cabin areas such as galley and lavatories. Wash lighting makes it easier for travelers to sleep, give the airplane a restaurant feel during meal time, and decreases jet lag.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 : https://www.alliedmarketresearch.com/aircraft-cabin-lighting-market/purchase-options

Key Findings of the Aircraft Cabin Lighting Market –

The Asia-Pacific aircraft cabin lighting market is predicted to account for a share of over 25.95% by 2026.

The wash lighting segment is expected to dominate the market, garnering a aircraft cabin lighting market share of 25.81% during the projected period.
The retro fit segment is projected to hold a share of over 54.41% by 2026.

The commercial aviation segment is estimated to account for 49.07% of the share by 2026.

The Europe aircraft cabin lighting market is predicted to hold a share of over 32.16% by 2026.

The market players have adopted collaboration, partnership, product launch, joint venture, agreement and acquisition as their key strategies to gain competitive advantage in this market. The key players operating in the aircraft cabin lighting industry include Astronics Corporation, Cobham PLC., and Devore Aviation Corporation of America, Diehl Stiftung & Co. KG., Geltronix Aviation Light, Luminator Technology Group, Safran, STG Aerospace, Soderberg Manufacturing Company Inc., and United Technologies Corporation.

𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐡𝐞𝐫𝐞 : https://www.alliedmarketresearch.com/purchase-enquiry/2134

David Correa
Allied Analytics LLP
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