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SHERIDAN, WY, USA, September 16, 2022 /EINPresswire.com/ -- The latest report published by IMARC Group, titled "Aircraft Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," offers a comprehensive analysis of the industry, which comprises insights on the aircraft lighting market share. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global aircraft lighting market size reached US$ 1.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.1 Billion by 2027, exhibiting a growth rate (CAGR) of 5.82% during 2022-2027.
Request a Free PDF Sample of the Report: https://www.imarcgroup.com/aircraft-lighting-market/requestsample
Aircraft lighting is mainly installed on the exterior and interior parts of an aircraft. It relies on technologies, such as control circuits and switches and resistors to automate strobe, electro-luminescent, and incandescence lights. It assists in providing illumination for servicing, safety, operational needs, and convenience of passengers. It also aids in improving pilot visibility, identifying aircraft location, heading and position, and making aircraft visible to ground personnel.
Due to the expanding international trade and the growing travel and tourism sector, there is a considerable rise in the volume of air traffic across the globe. This represents one of the key factors bolstering the growth of the market. Apart from this, leading players are launching innovative aircraft lighting solutions for specific flight operations. This, along with the rising trend of urban air mobility (UAM), an on-demand, automated passenger, and cargo-carrying air transportation service is creating a favorable market outlook. The market is also propelled by extensive investments in aviation infrastructure worldwide.
Aircraft Lighting Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the aircraft lighting market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
• Astronics Corporation • Bruce Aerospace (TransDigm Group Inc.) • Cobham Plc. • Diehl Stiftung & Co. KG • Honeywell International Inc. • Luminator Technology Group • Oxley Group • Safran S.A. • Soderberg Manufacturing Co. Inc. • STG Aerospace Ltd
The report has segmented the global aircraft lighting market based on light type, technology, aircraft type, aircraft design, installation type and region.
• Commercial Aircraft • Military Aircraft • Others
• North America • Asia-Pacific • Europe • Latin America • Middle East and Africa
Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=3119&flag=C
Key Highlights of the Report:
• Market Performance (2016-2021) • Market Outlook (2022-2027) • Market Trends • Market Drivers and Success Factors • Impact of COVID-19 • Value Chain Analysis • Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Elena Anderson IMARC Services Private Limited +1 6317911145 email us here
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