Aircraft Cabin Lighting Market worth 2.00 Billion USD by 2022

(I-TravelNewswire.Com, March 22, 2018 ) The aircraft cabin lighting market is projected to grow from an estimated USD 1.46 Billion in 2017 to USD 2.00 Billion by 2022, at a CAGR of 6.48% during the forecast period.

This growth can be attributed to increasing aircraft orders due to the rise in passenger traffic across the globe. Increasing focus on safety compliance and passenger experience is also among the factors influencing the growth of the aircraft cabin lighting market.

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Based on light type, the reading lights segment is estimated to be the fastest-growing segment of the aircraft cabin lighting market during the forecast period.

The reading lights segment is estimated to be the fastest-growing segment of the aircraft cabin lighting market, by light type during the forecast period. This growth is attributed to an increase in the demand for replacement of existing reading lights in the old fleet of aircraft.

Based on aircraft type, the wide body aircraft segment of the aircraft cabin lighting market is projected to grow at the highest CAGR from 2017 to 2022

Based on aircraft type, the wide body aircraft segment is projected to grow at the highest CAGR during the forecast period. Increase in aircraft orders and demand for enhanced passenger experience, especially in long-haul aircraft are among the key factors driving this segment of the aircraft cabin lighting market.

Based on end user, the OEM segment of the aircraft cabin lighting market is projected to grow at a higher CAGR from 2017 to 2022.

Based on end user, the OEM segment of the aircraft cabin lighting market is projected to grow at the highest CAGR during the forecast period. Major manufacturers such as Boeing and Airbus are investing in advanced interior lighting solutions in the new aircraft, as there is a huge demand for advanced aircraft cabin lighting solutions for all type of aircraft.

Asia Pacific is expected to be the fastest-growing aircraft cabin lighting market during the forecast period.

Asia Pacific is expected to be the fastest-growing market during the forecast period. The growth is largely due to an increase in air passenger traffic in emerging countries such as India and China and rise in the number of commercial aircraft manufacturers in the region.

Major players operating in the aircraft cabin lighting market include Zodiac Aerospace (France), United Technologies (US), Diehl Stiftung (Germany), Rockwell Collins (US), and Honeywell (US).

These key players offer various aircraft cabin light types including reading lights, ceiling lights, lavatory lights, signage lights, and wall lights. These companies have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, and Asia Pacific.

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