The Aircraft Exterior Lighting Market is projected to reach USD 167.2 million in 2023, with an expected CAGR of 6.6% from 2023 to 2033, potentially resulting in a revenue of USD 317.1 million by 2033.
A significant trend in recent years is the shift from incandescent lights to LED technology in aircraft lighting systems. LEDs provide superior illumination and have driven the global adoption of advanced lighting technologies.
Technological advancements, including lightweight designs, smart lighting systems, LED integration, component miniaturization, and energy-efficient solutions, are increasingly being incorporated into aircraft lighting. Airlines are investing in these innovations to enhance operational efficiency and meet the rising demand for sophisticated lighting solutions.
The market is set for growth, largely due to the transition from traditional incandescent lighting to LED technology. This shift towards lightweight components presents lucrative opportunities for the global aircraft lighting systems market, expanding the scope for LED applications in exterior lighting.
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Key Takeaways from the Aircraft Exterior Lighting Market Study
- The automatic tire inflation system is expected to increase at a notable CAGR of 6.3%
- The landing lights segment is projected to grow at a CAGR of 5%.
- The original equipment manufacturer (OEM) segment for aircraft exterior lighting is anticipated to grow at a CAGR of 5.7% in terms of value over the forecast period and to be valued at US$ 352.2 Mn by 2027 end.
- North America is a prominent market for automatic tire inflation systems and is estimated to grow at a steady CAGR of 2.9% in the forecasted period.
- The U.S. is projected to account for approximately 90%of the North American aircraft exterior lighting market.
- The demand for aircraft exterior lighting in China is projected to create an absolute dollar opportunity of USD 13.8 Million.
Competitive Landscape for the Aircraft Exterior Lighting Market
Manufacturers of aircraft exterior lighting implement a variety of strategies to meet the needs of domestic and international customers as part of their competitive strategy. In order to satisfy the needs of domestic and international customers, companies such as Rockwell Collins maintain a steady emphasis on R&D. To gain an advantage over their competition, key players continue to develop products through partnerships and innovation.
Some major companies in the aircraft exterior lighting market include United Technologies Corp., Rockwell Collins, Honeywell International Inc., Zodiac Aerospace S.A., Diehl Aerospace GmbH, Aveo Engineering Group, S.R.O., Whelen Engineering Co., Inc., Astronics Corporation, Cobham plc., Amglo Kemlite Laboratories Inc., Oxley Group, Heads Up Technologies, Inc., Soderberg Manufacturing Company Inc., Devore Aviation Corporation of America and others.
Recent Developments in the Aircraft Exterior Lighting Market
- For the SunSpotä 36 and 46 Series LED Landing and Taxi lights, AeroLEDs, LLC announced FAA-STC clearance in 2022 for various Sikorsky aircraft models. Sterling Helicopter is the only company that offers this STC, allowing rotorcraft covered by it to upgrade to LED technology immediately.
- As announced in December 2021, STG plans to launch a platform-neutral Universal Lighting product family, segmenting lighting systems effectively. Each segment has its own dynamic lighting profile and scenario, allowing operators to select the intensity and color transition for each segment.
- As part of a significant aircraft order announced in June 2021, United Airlines will acquire 270 narrow-body aircraft, its largest-ever purchase. The aircraft will feature upgraded cabins and LED lighting to increase passenger comfort.
Aircraft Exterior Lighting Market Segmentation by Category
By Product Type:
- Landing lights
- Position lights
- Anti-collision lights
- Other Exterior Lights
By Aircraft Type:
- Narrow Body
- Wide Body
- Large Body
- Single Aisle
- Regional Jets
- Helicopters
- Air Cargo
- Business Jets
By Sales Channel:
- Original Equipment Manufacturer (OEM)
- Aftermarket
By Region:
- North America
- Latin America
- Europe
- The Middle East and Africa
- East Asia
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