Market Size of Americas Aircraft Lighting Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 307.87 Million |
Market Size (2029) | USD 474.34 Million |
CAGR (2024 - 2029) | 9.03 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Americas Aircraft Lighting Market Analysis
The Americas Aircraft Lighting Market size is estimated at USD 307.87 million in 2024, and is expected to reach USD 474.34 million by 2029, growing at a CAGR of 9.03% during the forecast period (2024-2029).
The importance of interior lighting in aircraft has risen from being an essential part to a prominent component in enhancing the overall passenger experience. American airline companies focus on modernized cabins with advanced interior lighting to improve the passenger experience.
The growth in air passenger traffic due to development in the business ecosystem, tourism, etc., is propelling the demand for new commercial and general aviation aircraft in the region. Additionally, regional airlines are moving toward advanced LED lighting, which helps them eliminate various drawbacks of the existing interior cabin lights in terms of efficiency, reliability, durability, and weight. The widespread adoption of LED ambient lighting technology on next-generation aircraft has enabled modernization activities to maintain a consistent service quality on board.
Americas Aircraft Lighting Industry Segmentation
Aircraft lighting systems provide exterior and interior illumination. Exterior lights illuminate operations such as night landing, inspection of icing conditions, and midair collision safety. Interior lights illuminate instrumentation, cockpit, cabin, and other areas occupied by crew members and passengers. Some specific lights, including indicator and warning lights, indicate the working status of equipment.
The Americas aircraft lighting market is segmented based on lighting type, application, and geography. By lighting type, the market is segmented into exterior light and interior light. By application, the market is segmented into commercial aircraft and general aviation aircraft. The report also offers the market size and forecasts for five countries across the region. For each segment, the market sizing and forecasts have been done based on value (USD).
Lighting Type | |
Interior Light | |
Exterior Light |
Application | |
Commercial Aircraft | |
General Aviation Aircraft |
Geography | |
United States | |
Canada | |
Mexico | |
Brazil | |
Argentina | |
Rest of Americas |
Americas Aircraft Lighting Market Size Summary
The Americas Aircraft Lighting Market is experiencing significant growth, driven by the increasing emphasis on enhancing passenger experience through advanced interior lighting solutions. Airlines in the region are modernizing their cabins with state-of-the-art LED lighting systems, which offer benefits such as improved efficiency, reliability, and reduced weight. This shift is largely fueled by the rising air passenger traffic due to developments in business and tourism, prompting airlines to expand their fleets and introduce new aircraft models equipped with sophisticated lighting technologies. The adoption of LED ambient lighting on next-generation aircraft is a key trend, as it helps maintain consistent service quality and enhances the overall travel experience.
The market is characterized by a semi-consolidated structure, with major players like Collins Aerospace, STG Aerospace Limited, Safran, Honeywell International Inc., and Astronics Corporation leading the way. These companies are focusing on innovation and strategic partnerships to provide cutting-edge lighting solutions at competitive prices. The demand for aircraft lighting is particularly strong in the United States, where large-scale aircraft procurements by leading airlines are common. Additionally, airlines are retrofitting existing fleets with modern lighting systems to further enhance passenger comfort. The market's growth is supported by collaborations between aircraft manufacturers and lighting solution providers, aiming to develop cost-effective and energy-efficient lighting systems that improve the flying experience.
Americas Aircraft Lighting Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Lighting Type
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2.1.1 Interior Light
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2.1.2 Exterior Light
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2.2 Application
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2.2.1 Commercial Aircraft
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2.2.2 General Aviation Aircraft
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2.3 Geography
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2.3.1 United States
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2.3.2 Canada
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2.3.3 Mexico
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2.3.4 Brazil
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2.3.5 Argentina
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2.3.6 Rest of Americas
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Americas Aircraft Lighting Market Size FAQs
How big is the Americas Aircraft Lighting Market?
The Americas Aircraft Lighting Market size is expected to reach USD 307.87 million in 2024 and grow at a CAGR of 9.03% to reach USD 474.34 million by 2029.
What is the current Americas Aircraft Lighting Market size?
In 2024, the Americas Aircraft Lighting Market size is expected to reach USD 307.87 million.