Global Commercial Aircraft Interior Lighting Market 2015-2019
About Commercial Aircraft Interior Lighting
Aircraft interior lighting systems are one of the key elements of an aircraft. It ensures the safety and efficiency of aircraft operations. These lighting systems also help in fuel saving and less power consumption.
Technavio's analysts forecast the global commercial aircraft interior lighting market is expected to grow at a CAGR of 4.97% during the period 2014-2019.
Covered in this Report
The report includes the present scenario and the growth prospects of the global commercial aircraft interior lighting market for the period 2015-2019. The market can be segmented by aircraft types: Large wide-body, medium wide-body, narrow-body/single aisle and regional jets.
Technavio's report, Global Commercial Aircraft Interior Lighting Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors.Key Regions
Technavio Announces the Publication of its Research Report – Global Commercial Aircraft Interior Lighting Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Commercial Aircraft Interior Lighting Market: Astronics , B/E Aerospace, Cobham, UTC Aerospace Systems and Zodiac Aerospace
Other Prominent Vendors in the market are: Aveo Engineering, Bruce Aerospace, Honeywell Aerospace and STG Aerospace
Commenting on the report, an analyst from Technavio’s team said: “With safety being a major concern, aircraft operators are burdened with improving old systems and adopting new systems to monitor aircraft lighting technologies. With the developing trends, monitoring systems have provided opportunities for aircraft operators to have a closer look at detailed real-time and historical information regarding the operation of aircraft lighting systems. The technology has developed in such a manner that in the event of component failure, a fail-safe feature assures continued operation of all the elements at pre-set levels.”
According to the report, air travel increased in 2014 globally. The demand for air travel is likely to increase significantly in the coming years. To meet this demand, there is a growing demand for new aircraft. The demand for new aircraft is also backed by the need to replace inefficient older aircraft with new aircraft that have advanced technologies and systems.
Further, the report states that one of the challenges in this market is cost Associated with LED Lighting systems.
Astronics , B/E Aerospace, Cobham , UTC Aerospace Systems , Zodiac Aerospace, Aveo Engineering, Bruce Aerospace, Honeywell Aerospace, STG Aerospace