Market Overview:
The global aircraft exterior lighting market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to reach US$ 2,521.4 Mn by 2030, registering a CAGR of 6.9% from 2018 to 2030. The growth of the global aircraft exterior lighting market can be attributed to the increasing demand for commercial and military aircraft across the globe. Based on type, the global aircraft exterior lighting market has been segmented into position lights, wings & engine inspection lights, anti-collision lights (ACLs), landing lights and others. The position light segment is expected to account for a major share of the global aircraft exterior lighting market in 2018 owing to its widespread use in commercial as well as military Aircrafts . The ACLs segment is projected grow at a high CAGR during the forecast period due its increasing demand for advanced safety features in Aircrafts . On basis of application,the commercial aviation sector accounted for majority share of th eglobal airc raft exte rior lighti ng ma rket i n 2017 an d it i s proj ecte d t o conti nue t o domina te th e mar ket durin g th e foreca st perio d .
Product Definition:
Aircraft Exterior Lighting is a system of lights fitted to the exterior of an aircraft. These lights are used to provide illumination for taxiing, takeoff, landing and in-flight operations. Aircraft exterior lighting is important for safety and visibility during these critical phases of flight.
Position Lights:
The position lights are a vital part of aircraft exterior lighting system. They are used to indicate the direction and warning colors to the pilot while flying at night or in adverse weather conditions. The positioning of these lights is very important as it helps in orientation, especially during Instrument Landing (IL) and Night Landing (NL).
These lights also help in alerting air traffic controllers about the proximity of landing gear, taxiway,.
Wings & Engine Inspection Lights:
The exterior lighting inspection system is used to detect damage in the wings and engine of an aircraft. It helps the pilot during pre-flight checks to ensure that all systems are working properly. The exterior lighting inspection light is a device which emits red light from below the wing and can be seen easily during night time flights.
Application Insights:
The commercial aircraft application segment led the market and accounted for more than 60.0% share of the global revenue in 2017. The segment will expand further at a steady CAGR over the forecast period owing to an increase in air traffic, especially on account of rising disposable income levels among consumers in developing countries such as China, India and Brazil. Moreover, growing demand for regional travel is expected to boost product demand over the forecast period.
The military aircraft application segment is anticipated to witness significant growth over the forecast period owing to increasing defense expenditure by governments worldwide including U.S.
Regional Analysis:
North America dominated the global aircraft exterior lighting market in 2016 with a revenue share of over 35%. The region is expected to continue its dominance over the forecast period. This growth can be attributed to various factors such as increasing air travel, presence of major aircraft manufacturers, and technological advancements in aviation safety systems. Moreover, rising demand for new commercial aircraft by companies such as Boeing and Airbus is anticipated to drive the regional market further.
Asia Pacific is projected to witness significant growth during the forecast period owing to rapid development in emerging economies like India and China. In addition, growing military expenditure by countries like China and India are likely boost product demand across Asia Pacific region. Europe also accounted for a considerable share of global industry revenues due to high demand from airlines for technologically advanced products that meet safety standards required by regulatory bodies such as EASA (European Aviation Safety Agency) and FAA (Federal Aviation Administration).
Growth Factors:
- Increasing demand for air travel: The global air travel industry is growing at a rapid pace, owing to the increasing number of passengers travelling for both business and leisure purposes. This is expected to drive the demand for aircraft exterior lighting systems in the coming years.
- Technological advancements: Aircraft exterior lighting systems are becoming more advanced with each passing day, with features such as energy-efficient LED lights and wireless control systems being introduced into the market. This is likely to boost the growth of this market in the near future.
- Stringent safety regulations: Aircraft exterior lighting systems need to meet stringent safety regulations laid down by regulatory authorities such as FAA and EASA before they can be certified for use on an aircraft. This is likely to create a positive impact on the growth of this market in future years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Exterior Lighting Market Research Report
By Type
Position Lights, Wings & Engine Inspection Lights, Anti-Collision Lights, Landing Lights, Others
By Application
Commercial Aircraft, Military Aircraft
By Companies
B/E Aerospace, Inc, Cobham plc, UTC Aerospace Systems, Honeywell International Inc, Diehl Stiftung & Co. KG,, Astronics Corporation, Zodiac Aerospace, Aveo Engineering Group, Bruce Aerospace, STG Aerospace Limited, B/E Aerospace, Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Exterior Lighting Market Report Segments:
The global Aircraft Exterior Lighting market is segmented on the basis of:
Types
Position Lights, Wings & Engine Inspection Lights, Anti-Collision Lights, Landing Lights, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Aircraft, Military Aircraft
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- B/E Aerospace, Inc
- Cobham plc
- UTC Aerospace Systems
- Honeywell International Inc
- Diehl Stiftung & Co. KG,
- Astronics Corporation
- Zodiac Aerospace
- Aveo Engineering Group
- Bruce Aerospace
- STG Aerospace Limited
- B/E Aerospace, Inc
Highlights of The Aircraft Exterior Lighting Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Position Lights
- Wings & Engine Inspection Lights
- Anti-Collision Lights
- Landing Lights
- Others
- By Application:
- Commercial Aircraft
- Military Aircraft
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aircraft Exterior Lighting Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aircraft exterior lighting is a system that illuminates the exterior of an aircraft to make it more visible at night or in low-light conditions. Aircraft exterior lighting typically consists of multiple light sources, including high-intensity discharge (HID) lamps, LED lights, and strobe lights.
Some of the major players in the aircraft exterior lighting market are B/E Aerospace, Inc, Cobham plc, UTC Aerospace Systems, Honeywell International Inc, Diehl Stiftung & Co. KG,, Astronics Corporation, Zodiac Aerospace, Aveo Engineering Group, Bruce Aerospace, STG Aerospace Limited, B/E Aerospace, Inc.
The aircraft exterior lighting market is expected to register a CAGR of 6.9%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Exterior Lighting Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aircraft Exterior Lighting Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aircraft Exterior Lighting Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aircraft Exterior Lighting Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aircraft Exterior Lighting Market Size & Forecast, 2018-2028
4.5.1 Aircraft Exterior Lighting Market Size and Y-o-Y Growth
4.5.2 Aircraft Exterior Lighting Market Absolute $ Opportunity
Chapter 5 Global Aircraft Exterior Lighting Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aircraft Exterior Lighting Market Size Forecast by Type
5.2.1 Position Lights
5.2.2 Wings & Engine Inspection Lights
5.2.3 Anti-Collision Lights
5.2.4 Landing Lights
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aircraft Exterior Lighting Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aircraft Exterior Lighting Market Size Forecast by Applications
6.2.1 Commercial Aircraft
6.2.2 Military Aircraft
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aircraft Exterior Lighting Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aircraft Exterior Lighting Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aircraft Exterior Lighting Analysis and Forecast
9.1 Introduction
9.2 North America Aircraft Exterior Lighting Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aircraft Exterior Lighting Market Size Forecast by Type
9.6.1 Position Lights
9.6.2 Wings & Engine Inspection Lights
9.6.3 Anti-Collision Lights
9.6.4 Landing Lights
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aircraft Exterior Lighting Market Size Forecast by Applications
9.10.1 Commercial Aircraft
9.10.2 Military Aircraft
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aircraft Exterior Lighting Analysis and Forecast
10.1 Introduction
10.2 Europe Aircraft Exterior Lighting Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aircraft Exterior Lighting Market Size Forecast by Type
10.6.1 Position Lights
10.6.2 Wings & Engine Inspection Lights
10.6.3 Anti-Collision Lights
10.6.4 Landing Lights
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aircraft Exterior Lighting Market Size Forecast by Applications
10.10.1 Commercial Aircraft
10.10.2 Military Aircraft
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aircraft Exterior Lighting Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aircraft Exterior Lighting Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aircraft Exterior Lighting Market Size Forecast by Type
11.6.1 Position Lights
11.6.2 Wings & Engine Inspection Lights
11.6.3 Anti-Collision Lights
11.6.4 Landing Lights
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aircraft Exterior Lighting Market Size Forecast by Applications
11.10.1 Commercial Aircraft
11.10.2 Military Aircraft
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aircraft Exterior Lighting Analysis and Forecast
12.1 Introduction
12.2 Latin America Aircraft Exterior Lighting Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aircraft Exterior Lighting Market Size Forecast by Type
12.6.1 Position Lights
12.6.2 Wings & Engine Inspection Lights
12.6.3 Anti-Collision Lights
12.6.4 Landing Lights
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aircraft Exterior Lighting Market Size Forecast by Applications
12.10.1 Commercial Aircraft
12.10.2 Military Aircraft
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aircraft Exterior Lighting Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aircraft Exterior Lighting Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aircraft Exterior Lighting Market Size Forecast by Type
13.6.1 Position Lights
13.6.2 Wings & Engine Inspection Lights
13.6.3 Anti-Collision Lights
13.6.4 Landing Lights
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aircraft Exterior Lighting Market Size Forecast by Applications
13.10.1 Commercial Aircraft
13.10.2 Military Aircraft
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aircraft Exterior Lighting Market: Competitive Dashboard
14.2 Global Aircraft Exterior Lighting Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 B/E Aerospace, Inc
14.3.2 Cobham plc
14.3.3 UTC Aerospace Systems
14.3.4 Honeywell International Inc
14.3.5 Diehl Stiftung & Co. KG,
14.3.6 Astronics Corporation
14.3.7 Zodiac Aerospace
14.3.8 Aveo Engineering Group
14.3.9 Bruce Aerospace
14.3.10 STG Aerospace Limited
14.3.11 B/E Aerospace, Inc
