Stratview Research announces the launch of a new market research report on Aircraft Lighting Market by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Regional Aircraft, General Aviation, Helicopter, and Military Aircraft), by Light Type (Interior Lights {Signage Light, Ceiling & Wall Lights, Reading Lights, Cockpit Lights, and Other Interior Lights} and Exterior Lights {Position Lights, Wings & Engine Lights, Anti-Collision Lights, Landing Lights, and Other Exterior Lights}), by Technology Type (LED, Halogen, and Others), by Fit Type (OE and Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023

This report, from Stratview Research, studies the lighting market for the aircraft industry over the trend period of 2012 to 2017 and the forecast period of 2018 to 2023. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities in the market.

The Aircraft Lighting Market: Highlights
The aircraft lighting market is projected to grow at a CAGR of 5.4% during the forecast period of 2018 to 2023. Healthy future growth rate offers a plethora of opportunities to the entire ecosystem of the market. Increasing production rates of key commercial and regional aircraft, such as B737, B787, A320, A350XWB, and C Series; upcoming commercial and regional aircraft, such as Comac C919 and Mitsubishi MRJ; requirement of lighting products with longer life, reduced power consumption and lower maintenance; and increasing aircraft fleet size are the major factors that are bolstering the demand for lighting products in the aircraft industry.

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Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Regional Aircraft, General Aviation, Helicopter, and Military Aircraft. The narrow-body aircraft is expected to remain the largest segment of the market during the forecast period of 2018 to 2023. Increasing production rates of key narrow-body aircraft to support the rising passenger and cargo traffic, rising aircraft fleet, increasing the lighting content per aircraft, and an advancement in the lighting technology are the major growth drivers of the segment’s lighting market.

Based on the regions, North America is projected to remain the largest aircraft lighting market during the forecast period. This region has been the pioneer in the aerospace & defense industry and is the manufacturing capital with the presence of small- to large-sized OEMs in each aircraft category. Most of the players have manufacturing and assembly plants in North America. Additionally, various major lighting manufacturers for the aerospace industry are in the region to support OEMs for the development of advanced products meeting airline requirements.

Some of the major companies in the aircraft lighting market are Astronics Corporation, Bruce Aerospace, Cobham plc, Diehl Stiftung & Co. KG, Honeywell Aerospace, Rockwell Collins, UTC Aerospace Systems and Zodiac Aerospace. Development of advanced lighting products which consume lower power, last longer, and can withstand harsh environment; and collaboration with OEMs and airlines are some of the key strategies adopted by companies to gain a competitive edge over other competitors.

Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends in the aircraft lighting market
• Strategic growth opportunities for the existing and new players
• Key success factors

The aircraft lighting market is segmented into the following categories.
Aircraft Lighting Market, by Aircraft Type:
• Narrow-Body Aircraft
• Wide-Body
• Very Large Aircraft
• Regional Aircraft
• Helicopter
• General Aviation
• Military Aircraft
Aircraft Lighting Market, by Light Type:
• Interior Lights
• Exterior Lights
Aircraft Lighting Market, by Technology Type:
• LED Light
• Halogen Light
• Other Lights
Aircraft Lighting Market, by Fit Type:
• OE
• Aftermarket
Aircraft Lighting Market, by Region:
• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, Russia, The UK, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
• Rest of the world (Country Analysis: Latin America, the Middle East, and Others)

About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences and Oil & Gas.