The Aircraft Lighting market is estimated in terms of market size to be USD 1.98 billion in 2024 to USD 2.68 billion by 2029, at a CAGR of 6.2%. The Aircraft Lighting market is experiencing significant growth due to the increasing air traffic, advancements in LED technology, and stringent safety regulations with regards to aircraft operation. These factors are driving the growth in aircraft lighting systems.
Some of the key market players in the aircraft lighting market include RTX (US), Astronics Corporation (US), Diehl Stiftung & Co. KG (Germany), Thales (France), and Honeywell International Inc.(US). These players have incorporated various organic and inorganic growth strategies including collaborations, acquisitions, product launches, partnerships, agreements, and expansions to strengthen their international footprint and capture a greater share in the aircraft lighting market. These organic and inorganic strategies have allowed the market players to expand themselves across geographies by offering various aircraft lighting solutions.
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Major Aircraft Lighting Companies Include:
In June 2023, Cobalt Aerospace introduced Cobalt Spectrum LED mood lighting system for Embraer E-Jets, including the E-170, E-175, E190, and E195 models. This comprehensive lighting solution offers full-color, bi-color, and white LED options, enabling operators to enhance passenger experience with lighting that complements brand colors and features designs inspired by nature, such as dawn, sunset, and the Northern Lights.
In November 2022, REBTECH(US) a global leader in night vision solutions announced a strategic partnership with Aveo Engineering, a major supplier of aviation lighting products. This partnership aims to expand Aveo's product line globally while providing REBTECH with new markets and enhancing its lighting and night vision goggle (NVG) installation capabilities.
RTX is a leading aerospace and defense company operating through three primary business segments: Collins Aerospace, Pratt & Whitney, and Raytheon. Collins Aerospace, a subsidiary of RTX Corporation specializes in advanced aerospace and defense products, including avionics, aerostructures, interiors, lighting products, mechanical systems, mission systems, and power and control systems. Its aircraft lighting solutions encompass both interior and exterior applications, such as cabin lighting, cockpit lighting, and exterior lighting systems designed to enhance safety and efficiency. With a significant global presence, RTX serves customers in the Americas, Europe, Asia Pacific, Africa, and the Middle East, leveraging its extensive capabilities to address the evolving needs of the aerospace & defense industry. Headquartered in Charlotte, North Carolina, the company was formed in 2018 through the merger of UTC Aerospace Systems and Rockwell Collins. As of 2023, Collins Aerospace employed over 80,000 individuals across more than 300 sites worldwide.
Astronics Corporation is another prominent provider of advanced technologies to the global aerospace, defense, and electronics industries. The company operates through two primary segments: Aerospace and Test Systems. The Aerospace segment focuses on designing and manufacturing of products such as lighting and safety systems, electrical power generation and distribution systems, seat motion solutions, aircraft structures, avionics products, and system certification services. Astronics aircraft lighting product portfolio includes cabin lighting systems, emergency lighting, exterior lighting, flashlights, night vision lighting, and escape path lighting. The company operates globally, with major business operations in North America, Europe, Asia Pacific, Latin America, and other regions.
Market Ranking
The Aircraft Lighting market is highly competitive, with division of five main players each in interior and exterior lights. The five main players in Interior Lights collectively holds 42-44% of the total interior lights market share. In Exterior Lights the five main players collectively hold 70-72% of the total exterior lights market share. RTX (US) stands out in the aircraft interior and exterior lights industry with it’s advancement in lighting technology, while Astronics Corporation (US) and Thales (France) follows with a competitive share maintaining a strong position in both aircraft Interior Lights and Exterior lights market. Diehl Stiftung & Co. KG (Germany) and STG Aerospace Limited (UK) with strong presence in interior lights contribute specific market share to aircraft interior lights only. Similarly, Honeywell International Inc. (US) and Luminator Aerospace (US) is among the top five contributing to the aircraft exterior lights market share. Market competition is driven by advancements in lighting technologies, demand for passenger comfort and cabin customization, and increasing stringent regulations.
Related Reports:
Aircraft Lighting Market by Technology (LED, HID, Halogen, NVIS), Light Type (Interior (Signage, Reading, Ceiling & Wall lights), Exterior (Emergency, Anti-collision, Search Lights), Cockpit), End User, Aircraft Type, Region - Global Forecast to 2029
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