DUBLIN, Aug. 05, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/329bh8/global_commercial) has announced the addition of the "Global Commercial Aircraft Lighting Market 2015-2019" report to their offering.
The global commercial aircraft lighting market to grow at a CAGR of 4.98% during the period 2014-2019.
Increase in air travel has prompted innovation in aircraft lighting technology. Operators and manufacturers are upgrading lighting systems to provide more efficient and safe products.
In 2014, the market was led by EMEA, which held a share of 38%, followed by the Americas and APAC with shares of 36% and 27%, respectively.
The report, Global Commercial Aircraft Lighting Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It also covers the regional commercial aircraft lighting market and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
In recent years, LED lighting systems have made progress in terms of light output, color properties, efficacy per electric watt, and potential for long life. These improvements paired with significant reductions in fuel burn and power consumption, improve visibility, energy savings and durability. Therefore, aircraft operators and manufacturers are increasingly upgrading their new and existing fleets to LED-based solutions.
According to the report, the demand for air travel is likely to increase significantly in the coming years. To meet this demand, there is growing demand for new aircraft. Demand for new aircraft is also backed by the need to replace inefficient older aircraft with new aircraft that have advanced technologies and systems. These aircraft will be furnished with efficient lighting equipment for better visibility and navigation aids for the pilot.
Further, the report states that cost associated with LED lighting systems is affecting the market growth.
- B/E Aerospace
- Diehl Aerosystems
- Zodiac Aerospace
Other Prominent Vendors
- Aveo Engineering
- Bruce Aerospace
- Honeywell Aerospace
- STG Aerospace
- UTC Aerospace Systems
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by Aircraft Type
08. Geographical Segmentation
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/329bh8/global_commercial
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SOURCE Research and Markets