The Aircraft Lighting market is estimated to grow from USD 1.98 billion in 2024 to USD 2.68 billion by 2029 at CAGR of 6.2%. The market drivers include the Increasing demand for enhanced passenger comfort and cabin customization, the Growing adoption of smart and IoT-connected lighting, Increasing aircraft production and deliveries, and Stringent Aviation Safety Regulations. The growing demand for passenger comfort and cabin customization is a significant factor driving the adoption of Aircraft Lighting systems.
“The Aftermarket will account for the largest market share in the Aircraft Lighting market during the forecast period.”
Based on end-users, the aftermarket segment is anticipated to hold the largest market share in the aircraft lighting market during the forecast period as a result of the ongoing demand for maintenance, repair, and replacement of the lighting system of current aircraft fleets. Growing fleet size and increasing lifetimes of the aircraft sustain the preeminence of the aftermarket segment as owners invest in recurrent overhauls and system updates to enhance aircraft performance and compliance with regulations. Also, the expansion of MRO centers, particularly in regions like North America, Europe, and Asia-Pacific, is fueling demand for advanced lighting solutions; thus the aftermarket segment being the largest contributor to the aircraft lighting market.
“The commercial aircraft segment will account for the largest market share in the Aircraft Lighting market during the forecast period.”
Based on aircraft type, the commercial aircraft segment is expected to register the largest market share in the aircraft lighting market based on the growth of air travel worldwide and technologically advanced aircraft requirements. As passenger traffic increases, the airlines are making significant investments in new aircraft and fleet renewal, propelling the need for cutting-edge lighting solutions for improved safety, visibility, and comfort of passengers. Airlines are also focusing on the comfort of travelers in-flight with LED mood lighting, smart cabin lighting, and OLED technology for ambiance enhancement and minimizing jet lag effects. Regulatory requirements laid down by aviation regulatory authorities like the FAA, EASA, and ICAO for quality navigation, emergency evacuation, and visibility lighting systems on commercial aircraft, further builds the market dominance of the commercial aircraft segment. With the rapid growth of low-cost carriers (LCCs), long-range flights, and expanding airport facilities, the demand for energy-efficient, high-duration, and tailor-made aircraft lighting applications will continue to increase, making commercial aircraft segment the largest contributor to the aircraft lighting market.
“The North American market is estimated to lead the market.”
North America will be at the forefront of the aircraft lighting industry in terms of the highest market share for the forecast period due to the concentration of top aircraft producers, airlines, and defense companies. North America is one of the biggest commercial aviation markets, with strong demand for new aircraft and fleet renewal. U.S. and Canadian airlines are increasingly using LED-based cabin lighting, mood lighting, and intelligent lighting systems to boost passenger experience and enhance operational efficiency. Private aviation and business jet demand especially in the U.S., are also fueling the use of high-end interior illumination solutions, including OLED technology and customizable mood illumination. Also, the presence of well-established Maintenance, Repair, and Overhaul (MRO) facilities in the region critical to the constant upgrading and replacement of aircraft lighting systems are contributing to the market growth in the region.
Breakdown of primaries
The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
- By Company Type: Tier 1–55%; Tier 2–25%; and Tier 3–20%
- By Designation: Directors–50%; Managers–30%; and Others–20%
- By Region: North America–40%; Europe–35%; Asia Pacific–20%; RoW–5%
RTX (US), Astronics Corporation (US), Diehl Stiftung & Co. KG (Germany), Honeywell International Inc.(US) and Thales (France) are some of the leading players operating in the Aircraft Lighting market.
Research Coverage
The study covers the Aircraft Lighting market across various segments and subsegments. It aims to estimate the size and growth potential of this market across different segments based on light type, aircraft type, technology, end-user, and region. This study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to their solutions and business offerings, recent developments undertaken by them, and key market strategies adopted by them.
Key benefits of buying this report:
This report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Aircraft Lighting market and its subsegments. The report covers the entire ecosystem of the Aircraft Lighting market. It will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers and factors, such as the Rising Demand for Passenger Comfort & Cabin Customization, Growing Adoption of Smart & IoT-Connected Lighting, and Increasing Aircraft Production & Deliveries contribute to the growth of Aircraft Lighting market.
- Product Development: In-depth analysis of product innovation/development by companies across various regions.
- Market Development: Comprehensive information about lucrative markets – the report analyses the Aircraft Lighting market across varied regions.
- Market Diversification: Exhaustive information about new solutions, untapped geographies, recent developments, and investments in the Aircraft Lighting market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like RTX (US), Astronics Corporation (US), Diehl Stiftung & Co. KG (Germany), Honeywell International Inc.(US), Luminator Aerospace (US) , Oxley Group (UK), SODERBERG MANUFACTURING COMPANY INC. (US) , Heads Up Technologies (US), Thales (France) and Cobalt Aerospace Group Limited (UK) among others in the Aircraft Lighting market.