Global Commercial Aircraft Interior Lighting Market Forecast & Analysis (2018-2023) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 17, 2018--The “Global Commercial Aircraft Interior Lighting Market - Forecast and Global Analysis (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The market for commercial aircraft interiors lighting is predicted to grow at a CAGR of over 5% during the forecast period.
The commercial air traffic has seen a significant rise in the numbers in the last decade. Countries like India, Indonesia, and China have seen double-digit passenger growth in the last two years. The economic development in the region and an increase in disposable income has enabled more people to prefer economy class air travel. This has added an approximate 140 million passengers since 2014, allowing the aviation industry to invest in new aircraft and increase the frequency of flights, connecting popular destinations.
However, this increase in flight frequency has not been enough to tackle the demand of customers. New orders for aircraft with higher capacity and efficiency have lined up to the extent that the total backlog of aircraft for Airbus and Boeing stood at 12,626, by the end of 2015.
Cabin Interiors Driving the Market: The cabin interior aesthetics is an important factor to stop customers from switching airlines. Innovative interior lighting has become a trend in the commercial aircraft market. Boeing, in a move to retain airline customers, is offering innovative mood lighting systems that come to life and animate the aircraft walls.Companies FeaturedUTC Aerospace SystemsHoneywell Aerospace SystemsAstronics Luminescent Systems Inc.Precise Flight Inc.Diehl AerospaceLuminator AerospaceCobham plcSTG Aerospace LimitedZodiac AerospaceB/E Aerospace Inc.
Key Topics Covered
2. Executive Summary
3. Market Overview and Trends
4. Market Dynamics
5. Global Commercial Aircraft Interior Lighting Market, Segmented by Aircraft Type
6. Global Commercial Aircraft Interior Lighting Market, Segmented by Application
7. Global Commercial Aircraft Interior Lighting Market, Segmented by Fit
8. Global Commercial Aircraft Interior Lighting Market, Segmented by Geography
9. Competitive Landscape
10. Key Vendor Analysis
11. Future Outlook of the Market
For more information about this report visit https://www.researchandmarkets.com/research/8rfkrz/global_commercial?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180917005755/en/
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SOURCE: Research and Markets
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PUB: 09/17/2018 04:20 PM/DISC: 09/17/2018 04:21 PM