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(IT-NEWSWIRE.COM, November 08, 2019 ) The aircraft cabin lighting market was valued at USD 1.46 billion in 2017 and is projected to reach USD 2.00 billion by 2022, at a CAGR of 6.48% during the forecast period. The base year considered for the study is 2016, and the forecast period is from 2017 to 2022.
How are lightweight and energy-efficient lights presenting opportunities for the aircraft lighting market?
The demand for lightweight aircraft components has been increasing over the past few years due to the demand for a reduction in operational costs and carbon dioxide emissions. Various organizations have initiated measures for the reduction of pollution by increasing fuel efficiency or the use of alternative fuels to reduce carbon dioxide emissions. For instance, the International Air Transport Association (IATA) has directed an average improvement in fuel efficiency of 1.5% per year from 2009 to 2020. The aviation industry is now focusing on reducing the weight of equipment on board that will decrease the payload. Therefore, there is an increasing demand from aircraft manufacturers for lightweight components such as cabin interiors, brakes, tires, and various other payloads. LED lights are lightweight, and this helps reduce the aircraft weight to an extent, which, in turn, leads to lower fuel consumption, and enables a reduction in carbon dioxide emissions. LED lights also consume less electricity than conventional aircraft interior lights. This is expected to help in increasing efficiency and reducing the overall cost of fuel required for the aircraft, which, in turn, is expected to lead to an increase in the demand for aircraft cabin lighting in the coming years.
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How is the existing backlog of aircraft deliveries challenging the growth of the aircraft cabin lighting market?
Delays in the development and launch of new aircraft models by some manufacturers have led to delays in aircraft deliveries, which are directly affecting the aircraft cabin lighting market. The commercial aviation industry had an order backlog of 12,589 aircraft as of 2016. For instance, the manufacturing of the Boeing 787 Dreamliner began in 2011 after a delay of three years. The manufacturing of the ARJ21 and C919 aircraft by the Commercial Aircraft Corporation of China, Ltd., which was scheduled to begin in 2016, was also deferred due to design flaws in the wings, wiring, and computer systems. This resulted in a delivery delay as the aircraft would need to undergo further tests before full-scale production is undertaken. Such delays in aircraft deliveries are a major factor expected to slow down the growth of the aircraft cabin lighting market, as delays in deliveries can also result in order cancellations.
Efficient alternatives to existing interior lights drive the market
Existing interior lights installed in aircraft have drawbacks in terms of efficiency, reliability, durability, and weight. The advent of advanced LED lighting has helped eliminate these drawbacks, and the advantages of LED lights over conventional aircraft cabin lights are driving the retrofit market. The replacement of existing aircraft cabin lights with technologically-advanced LED lights by airlines are leading to the growth of the aircraft cabin lighting market. LED light modules offer various advantages such as flexibility in terms of design, long lifespan, and reduced weight. This is driving the market for aircraft cabin lighting.
New aircraft interior lighting system technology present opportunities
The mood lighting system in an aircraft cabin allows continuously dimmable lights instead of directly switching the lights on and off. The system enables slow adjustment of the color and brightness of lights according to the phases between two flights. These new interior lighting systems are installed to provide better travel experiences for passengers.
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raviraj.tak@marketsandmarkets.com
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