Global Commercial Aircraft LED Lighting System Market 2018-2022 - Key Vendors are Honeywell International, Rockwell Collins, STG Aerospace, UTC & Zodiac Aerospace

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Mar 26, 2018, 02:15 ET

DUBLIN, March 26, 2018 /PRNewswire/ --

The "Global Commercial Aircraft LED Lighting System Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global commercial aircraft LED lighting system market to grow at a CAGR of 6.24% during the period 2018-2022.

The report covers the present scenario and the growth prospects of the global commercial aircraft LED lighting system market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is research and development in understanding impact of cabin lighting on passenger psychology. As the aviation industry is shifting from photoluminescent lights to LED lighting for aircraft cabins, the focus of aircraft lighting vendors, aircraft OEMs, and MROs is shifting toward understanding and exploring the psychological effect of lighting on passengers. Airlines are trying to understand passenger in-flight experience and are developing enhanced lighting systems like mood lighting.

According to the report, one driver in the market is growing preference for procuring newer generation aircraft. Commercial aircraft orders have been sharply cyclical in the past. Over 2015-2017, the order activity has slowed down for both Airbus and Boeing, indicating that the current cycle has passed its peak. The slowdown in orders has not affected the major OEMs owing to the unprecedented order backlogs in the narrow-body and wide-body segments.

Further, the report states that one challenge in the market is delays in aircraft scheduled delivery hampers planning of entire supply chain. As the aviation industry is moving forward with increasing technological advancements and enhanced systems, manufacturers of various aircraft parts, components, and sub-assemblies are feeling the pressure to cope with the increasing demand, budget constraints, and rapid delivery times. These factors can have a huge impact even on the quality of the product.

Key vendors

Honeywell International
Rockwell Collins
STG Aerospace
UTC
Zodiac Aerospace

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Market Sizing

Part 06: Five Forces Analysis

Part 07: Market Segmentation By Aircraft Type

Part 08: Market Segmentation By Installation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/kmb52j/global_commercial?w=5

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SOURCE Research and Markets