The "Aircraft Lighting Market-Growth, Trends, COVID-19 Impact and Forecast (2021-2026)" report has been added to ResearchAndMarkets.com's products.

During the forecast period, the aircraft lighting market is expected to grow at a compound annual growth rate of more than 3%.

The COVID-19 pandemic has greatly affected the assembly aspect of aircraft lighting, as many airlines delayed delivery schedules and forced aircraft OEMs to reduce the monthly productivity of new aircraft.

However, the aftermarket prospects of aircraft lighting have increased, because in the absence of new aircraft, airlines are more willing to modernize the cabin layout of their existing fleet to maintain the same level of service as their new counterparts.

It is expected that certain factors, such as the increasing adoption rate of innovative cabin lighting and the increasing demand for luxury air travel, will drive market development in the coming period.

It is expected that in the next period of time, factors such as the increasing adoption rate of innovative cabin lighting and the increasing demand for luxury air travel will drive market development.

Emerging trends such as mood lighting systems, cabin interactive screen integration, and the adoption of photoluminescent emergency cabin lighting are expected to provide growth opportunities for market participants during the forecast period.

The interior lighting market segment is expected to dominate the market

Due to the ongoing cabin modernization plans of several aircraft operators (especially commercial airlines), it is expected that the aircraft's demand for new generation interior lights will grow rapidly during the forecast period.

The widespread adoption of LED ambient lighting technology on new generation aircraft has also triggered cabin renovation activities for older generation aircraft to maintain consistent service quality across the entire fleet.

In order to improve the passenger experience, airlines are expected to invest in new LED lighting in the next few years. In addition, in order to improve the safety of passengers during the Covid-19 pandemic, airlines are also looking for options such as UV disinfection lamps, which can be installed on panels and deployed when the aircraft is empty to eliminate viruses on the surface And bacteria.

Therefore, airlines will focus on improving passenger safety and flight experience, which is expected to drive the growth of this segment during the forecast period.

The Asia-Pacific region will grow at the highest compound annual growth rate during the forecast period

In the past ten years, the Asia-Pacific region has been the focus of business activities. Countries such as China, India, and Japan have received a large amount of foreign investment, which has led to rapid economic growth. In terms of flight frequency and enhanced customer experience, this has made a considerable contribution to the overall growth of the aviation industry in the region.

The success of the low-cost airline (LCC) model has promoted the steady growth of passenger traffic in the region. It also creates important opportunities for aircraft and related system manufacturers (such as lighting system manufacturers). The demand for new aircraft in the Asia-Pacific region is expected to be the highest.

Even during the Covid-19 pandemic, airlines in the region are optimistic about its future growth and have delivered large numbers of aircraft. For example, Indian low-cost airline IndiGo received 44 aircraft in 2020, almost as many as the previous year, which is the highest level of a single customer for Airbus in the whole year. Such developments are expected to contribute to the growth of the commercial aircraft sector in the region.

On the other hand, the region is also expected to witness the highest demand for military aircraft. Countries such as China, India, Japan, South Korea, and Australia are preparing to add several new military aircraft to their fleets during the forecast period. This is expected to be in the forecast period. Promote the aircraft lighting market in the Asia-Pacific region during the period.

For more information about this report, please visit https://www.researchandmarkets.com/r/uy9p7x

View the source version on businesswire.com: https://www.businesswire.com/news/home/20211213005428/en/

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