The report includes forecast and analysis for the Aircraft Exterior Lighting market on a global and regional level. The research gives important data of 2015, 2016 and 2017 along with a projection from 2018 to 2026 based on revenue. The study covers drivers and limitations of the Aircraft Exterior Lighting market along with the impact they have on the trade over the forecast period. Additionally, the report covers the study of possibilities available in the Aircraft Exterior Lighting market on a global level.
Leading Players: Astronics Corporation, Aveo Engineering Group, s.r.o., Cobham plc, Devore Aviation Corporation of America, Diehl Stiftung & Co. KG, Heads Up Technologies Inc., Honeywell International Inc., Oxley Group, Rockwell Collins, Inc., Soderberg Manufacturing Company, Inc., UTC Aerospace Systems, Whelen Engineering Company, Inc., and Zodiac Aerospace among others.
The global aircraft exterior lighting market is expected to witness a growth of 4.7% CAGR during the forecast period from 2018 to 2026.
The global aircraft exterior lighting market was valued at US$ 2,387.2 Mn in 2017, growing at a CAGR of 4.7% during the forecast period from 2018 to 2026. Aircraft lighting systems provides interior and exterior illumination to the aircraft. Lights are well placed across different sections of the plane to provide pilots with guidance and visibility while navigating through the sky. The aircraft lightings on an airplane provides information to pilots in normal and in emergency situations. Increasing demand for energy efficient lighting systems for safe navigation is one of the major factors driving the aircraft exterior lighting market.
Aircraft exterior lightings are subject to extreme conditions and require high reliability. Growing size of the airline industry is also credited to improved standards of living of the global population, which in turn is creating greater demand for aircrafts, thereby directly influencing the market growth. The global aircraft exterior lighting market, based on product type was led by navigation lights in 2017. Rising need for safe navigation is driving the demand for navigation lights in the aerospace industry. The aircraft navigation lights serve an extremely important purpose by helping pilots determine the relative direction and position of travel of an aircraft. Based on aircraft type, commercial aviation led the market and projected to continue with its dominance throughout the forecast period from 2018 to 2026. The growth of this segment is primarily backed by the growing demand for wide body and large commercial aircrafts. Further, based on geography, North America led the aircraft exterior lighting market in 2017. The presence of some prominent players like Honeywell International Inc., UTC Aerospace Systems, Rockwell Collins, Inc., Heads Up Technologies Inc., and Devore Aviation Corporation of America, etc. expected to provide lucrative growth opportunities in the region. Also, the presence of major commercial aircraft manufacturers including Airbus, Boeing, Bombardier Aerospace, etc., compliments the demand for aircraft exterior lighting products.
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The report aims to present a study of Global Aircraft Exterior Lighting Market along with accurate segmentation of market by type, solution, application and five major geographical regions. Global Aircraft Exterior Lighting market is supposed to witness a high increase during the forecast years due to expanding risk of data theft and firm government regulation.
The report also tracks the major market functions including product launches, technological advancements, mergers & benefits, and the innovative market tactics opted by key market players. Along with strategically examining the key micro markets, the paper also focuses on industry-specific drivers, restraints, possibilities and challenges in the Aircraft Exterior Lighting market.
The objectives of this report are as follows:
-To present overview of the global Aircraft Exterior Lighting market
-To examine and forecast the global Aircraft Exterior Lighting market on the basis of types, explications, and applications
To present market size and forecast till 2026 for overall Aircraft Exterior Lighting market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub-segmented over respective major countries
-To evaluate market dynamics effecting the market during the projection period i.e., drivers, barriers, opportunities, and coming trend
-To provide exhaustive PEST analysis for all five regions
-To profiles key Aircraft Exterior Lighting players influencing the industry along with their SWOT analysis and market policies
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The research methodology for Credence Research’s Aircraft Exterior Lighting market report utilizes a key of top-down and bottom-up research arrangements. Our initial focus on continuous market tracking, accurate fact-checking, data-triangulation, and multiple layers of quality control assures high-quality data that can be leveraged for actionable study insights.
This report examines the Aircraft Exterior Lighting market by the following segments:
– Aircraft Exterior Lighting Market, by Application
– Aircraft Exterior Lighting Market, By Technology
– Aircraft Exterior Lighting Market, By Portability
– Aircraft Exterior Lighting Market, By Type of Systems
– Aircraft Exterior Lighting Market, By End Users
– Aircraft Exterior Lighting Market, By Price Segments
Geographic coverage and Report
This market research report covers the following geographic regions in great detail:
– NORTH AMERICA
– MIDDLE EAST & AFRICA
– LATIN AMERICA
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Approach Adopted
1.3.4. Top-Down Approach
1.3.5. Bottom-Up Approach
1.3.6. Phase III – Expert Panel Review
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global AEL Market
2.2. Global AEL Market, by Product Type, 2017 (US$ Mn)
2.3. Global AEL Market, by Aircraft Type, 2017 (US$ Mn)
2.4. Global AEL Market, by Geography, 2017 (US$ Mn)
3. Market Dynamics
3.1.1. Global AEL Market Value, 2016 – 2026, (US$ Mn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. See-Saw Analysis
3.3.1. Impact Analysis of Drivers and Restraints
3.4. Attractive Investment Proposition, by Geography, 2017
3.5. Market Positioning of Key Players, 2017
3.5.1. Major Strategies Adopted by Key Players
4. Global Aircraft Exterior Lighting (AEL) Market, by Product Type , 2016 – 2026 (US$ Mn)
4.2. Anti-collision Lights
4.3. Navigation Lights
4.4. Landing & Taxi Lights
4.5. Strobe Lights
4.6. Logo & Branding Lights
4.7. Egress & Service Lights
4.8. Wings & Engine Inspection Lights
5. Global Aircraft Exterior Lighting (AEL) Market, by Aircraft Type, 2016 – 2026 (US$ Mn)
5.2. Commercial Aviation
5.3. Military Aviation
5.4. Business Aviation
6. North America Aircraft Exterior Lighting (AEL) Market Analysis, 2016 – 2026 (US$ Mn)
7. Europe Aircraft Exterior Lighting (AEL) Market Analysis, 2016 – 2026 (US$ Mn)
8. Asia Pacific Aircraft Exterior Lighting (AEL) Market Analysis, 2016 – 2026 (US$ Mn)
9. Rest of the World Aircraft Exterior Lighting (AEL) Market Analysis, 2016 – 2026 (US$ Mn)
10. Company Profiles
10.1. Astronics Corporation
10.2. Aveo Engineering Group, s.r.o.
10.3. Cobham plc
10.4. Devore Aviation Corporation of America
10.5. Diehl Stiftung & Co. KG
10.6. Heads Up Technologies Inc.
10.7. Honeywell International Inc.
10.8. Oxley Group
10.9. Rockwell Collins, Inc.
10.10. Soderberg Manufacturing Company, Inc.
10.11. UTC Aerospace Systems
10.12. Whelen Engineering Company, Inc.
10.13. Zodiac Aerospace
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