New York, According to a new market research report published by Global Insight Services “Aircraft Exterior Lighting Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Aircraft exterior lighting includes all of the lights that are installed on the outside of an aircraft. These lights are used for a variety of purposes, including navigation, identification, and communication. Navigation lights are used to help pilots see the aircraft’s position and orientation, while identification lights help others identify the aircraft. Communication lights are used to signal the aircraft’s intentions to other aircraft and ground personnel.
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Key Trends
In the past, aircraft exterior lighting was mostly used for navigation and identification purposes. However, new technologies are now emerging that are changing the way aircraft exterior lighting is used.
One of the key trends is the use of LED lighting. LEDs are much more energy efficient than traditional incandescent bulbs, and they also have a much longer lifespan. This means that they can be used for a variety of purposes, including providing a more efficient and longer-lasting navigation light.
Another key trend is the use of light-emitting diode (LED) technology for runway lighting. This can provide a more uniform and brighter light, which can improve safety for pilots during takeoffs and landings.
Finally, there is a trend toward using aircraft exterior lighting for aesthetic purposes. This can include using LEDs to create a unique and eye-catching look for an aircraft, or using them to display messages or logos.
Key Drivers
The key drivers of the aircraft exterior lighting market are the increasing demand for aviation, the need for enhanced safety, and the need for better visibility during take-off and landing. This growth is expected to result in an increased demand for aircraft exterior lighting. In addition, the need for enhanced safety is a key driver of the aircraft exterior lighting market. Aircraft exterior lighting provides better visibility during take-off and landing, which can help prevent accidents. Furthermore, the need for better visibility during take-off and landing is also a key driver of the aircraft exterior lighting market. Aircraft exterior lighting helps pilots to see the runway during take-off and landing, which can help to prevent accidents.
Market Segments
The aircraft exterior lighting market report is bifurcated on the basis of product, aircraft type, application, and region. On the basis of product, it is segmented into LED lights, OLED lights, electro-luminescent lights, and others. Based on aircraft type, it is analyzed across commercial aviation, military aviation, business aviation, and others. By application, it is categorized into navigation lights, formation lights, escape lights, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Key Player
The aircraft exterior lighting market report includes players such as United Technologies Corp., Rockwell Collins, Honeywell International Inc., Amglo Kemlite Laboratories Inc., Diehl Aerospace GmbH, Aveo Engineering Group, s.r.o., Astronics Corporation, Cobham plc, Oxley Group, and Heads Up Technologies, Inc.
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Reasons to buy Aircraft Exterior Lighting Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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