Commercial Aircraft Cabin Lighting Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

 Commercial Aircraft Cabin Lighting Market Analysis

The Commercial Aircraft Cabin Lighting Market is forecasted to experience a 6.65% Compound Annual Growth Rate (CAGR).

Narrowbody Aircraft Type Holds Dominance

: Narrowbody aircraft offer flexibility in fleet management and lower operational costs for airlines, driving their swift adoption. The aviation industry's increasing interest in low-cost, AI-based interior lighting systems is propelling market growth.

Rapid Growth in Widebody Aircraft Type

: Tailored for long-haul flights, widebody aircraft integrate cabin illumination solutions to elevate passenger experience and mitigate jetlag during extended travel, amplifying market demand.

Economy and Premium Economy Cabin Classes Lead

: The expansion of fleets, passenger-centric amenities, and comfort enhancements have contributed to the prominence of economy and premium economy cabin classes.

North America Takes the Lead

: Escalating domestic and international air traffic in North America is stimulating airlines to acquire more aircraft, thus fostering the regional commercial aircraft cabin lighting market's growth.

Market Trends in Commercial Aircraft Cabin Lighting:

Narrowbody Aircraft Type Commands the Market

Narrowbody aircraft accounted for 83% of deliveries between 2017 and 2022. The overall passenger aircraft segment, including narrowbody and widebody, experienced a 30% decline in 2020 due to travel restrictions on both domestic and international routes. The procurement of new aircraft was delayed as airlines held off on expanding their fleets. With escalating air travel, airlines are investing in aircraft cabin lighting to enrich the passenger experience. They're opting for LED lights over incandescent ones for their ability to uniformly illuminate the cabin, creating mood lighting effects. LEDs offer greater durability and a more pleasing ambiance. Airlines' plans to expand fleets to accommodate growing passenger traffic are expected to further drive demand for cabin lighting. For instance, LATAM, a Latin American airline, ordered 17 Airbus A321neo medium-range jets in 2022. The A321neo accommodates 180–220 passengers in a typical two-class interior. An estimated 10,000+ aircraft are set for delivery from 2023 to 2029.

Read Full Market Report

Comments

Post a Comment

Popular posts from this blog

Shipping Containers Market Projected to Reach USD 12.77 Billion by 2030, Driven by E-commerce Growth and Cold-Chain Expansion

  Introduction   The global shipping containers market is experiencing steady growth, with projections indicating an increase from USD 10.27 billion in 2025 to USD 12.77 billion by 2030, reflecting a compound annual growth rate (CAGR) of 4.46%. According to Mordor Intelligence Shipping Containers Market Report , this expansion is primarily fueled by the surge in e-commerce activities, the need for efficient cold-chain solutions, and advancements in intermodal transportation.   Key Trends   E-commerce Fulfillment   The rapid growth of e-commerce has significantly impacted on the shipping containers market. The demand for faster and more efficient delivery systems has led to increased use of standardized containers, particularly 40-foot units, which accounted for 52.64% of the market share in 2024.   Cold-Chain Expansion   The pharmaceutical and food industries' need for temperature-controlled transportation has driven the demand for refrigerated c...
Read more

DATA CENTER POWER MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

  The IT industry requires on-premise private data storage and hyper-scale data centres for its operations, depending on the size of the organization. Additionally, the adoption of cloud storage has increased over the years due to growth among SaaS providers, enabling cloud storage providers to expand their capacities. Hence, the increasing data load requires more power. This creates a requirement for efficient power solutions in IT applications. According to the Data Center Survey recently published by Vertiv, 98% of the participants voted for IT utilization to be above 20% by 2025. This indicates that IT companies are focusing on deploying an efficient power source for their data centres and increasing their utilization rate. Cloud storage providers, like AWS, Microsoft, and Google, are expanding their storage capabilities to offer more efficient workflows in the cloud. These companies are making investments in hyperscale deals. For instance, in June last year, Amazon Web Service...
Read more

Second Hand Furniture Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 The Off-the-Shelf Second Hand Furniture Market is segmented into the distribution channel, which is further segmented into online and offline, out of which the offline segment, with a larger market share in 2021, is anticipated to have the largest share during the forecast period. However, with the rise of an increasing number of smartphone users and increasing penetration of internet users, the market share for the online segment is expected to grow at a higher rate over the forecast period. The Asia Pacific is expected to account for a larger share in terms of revenue during the forecast period. The increasing size of the online marketplace for second-hand goods is anticipated to drive the growth of the Asia Pacific regional market.  The Off-The-Shelf Second Hand Furniture Market size is estimated at USD 21.30 billion in 2023, and is expected to reach USD 29.28 billion by 2028, growing at a CAGR of 6.57% during the forecast period (2023-2028). The market is increasi...
Read more