Commercial Aircraft Lighting Market is Expected to Grow at a CAGR of 6% by 2021

PUNE, India, 2017-Jun-30 — /EPR Network/ — Market Synopsis of Commercial Aircraft Lighting Market

The global Commercial Aircraft Lighting market is expected to grow at a CAGR of around 6% during 2016-2021. This growth is driven due to increase in aircraft orders, growing passenger traffic, need for improved lighting systems for passenger experience.

As per the MRFR analysis, the cost associated with modern lighting systems, issues related to its fittings, and growing aircraft backlogs are the factors limiting the market growth.

With approximately 40% of all new airplanes being delivered to airlines based in the Asia Pacific region, it is expected to grow significantly.

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Key Players of Commercial Aircraft Lighting Market:

• Diehl Stiftung & Co. Kg.
• Zodiac Aerospace
• United Technologies Corporation
• B/E Aerospace, Inc.
• Luminator Aerospace
• Cobham PLC
• Honeywell International Inc,
• STG Aerospace Limited
• Astronics
• Diehl Aerosystems

 

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