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Aircraft LED Market Size

Report ID: GMI7176
Published Date: Oct 2023
Report Format: PDF

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Aircraft LED Market Size

Aircraft LED Market was valued at USD 950 Million in 2022 and is estimated to register a CAGR of over 10% between 2023 and 2032. One of the primary drivers of the aircraft LED industry is energy efficiency. LED lighting systems consume significantly less energy compared to traditional lighting sources, such as incandescent bulbs or fluorescent lights. This energy-saving feature is crucial in aviation, where every pound of weight and drop of fuel saved translates into cost reductions and improved environmental sustainability. Airlines and aircraft manufacturers are increasingly turning to LEDs to lower operational costs, reduce greenhouse gas emissions, and comply with stringent environmental regulations.

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Aircraft LED lighting refers to the use of Light Emitting Diode (LED) technology in various lighting applications within the aviation industry. LEDs have gained popularity in aviation due to their numerous advantages over traditional lighting sources, including incandescent bulbs and fluorescent lights. EDs are used for cabin lighting, providing a range of lighting options, including ambient mood lighting, reading lights, and general illumination. They offer flexibility to create different lighting scenes and enhance passenger comfort. These lights provide general cabin illumination and can be designed with LED technology to improve energy efficiency and reduce maintenance needs.

Aircraft LED Market Report Attributes
Report Attribute	Details
Base Year:	2022
Aircraft LED Market Size in 2022:	USD 950 Million
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	10%
2032 Value Projection:	USD 2.5 Billion
Historical Data for:	2018 to 2022
No. of Pages:	200
Tables, Charts & Figures:	240
Segments covered:	By aircraft, application, technology, end-use, region
Growth Drivers:	Increased demand for commercial aircraft Shift from incandescent to LED lights Rising demand for LED lighting systems for aircraft exteriors Increasing adoption of smart LED lighting systems Technological advancements
Pitfalls & Challenges:	High initial investment Calibration and maintenance

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While LED lighting systems offer long-term cost savings, the initial investment can be higher than traditional lighting technologies. This cost barrier may deter some airlines or aircraft operators from immediately adopting LED solutions. However, it's important to consider the substantial savings in energy and maintenance costs over the long run.

Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

Market size for aircraft LED reached USD 950million in 2022 and is poised to expand at over 10% CAGR from 2023 to 2032 with airlines and aircraft manufacturers increasingly turning to LEDs to lower operational costs and reduce greenhouse gas emissions.

Aircraft LED market from the automotive application segment is expected to record significant growth through 2032 attributed to the rising number of commercial aircraft along with the surging need for overhead and floor emergency lighting.

Asia Pacific market for aircraft LED is projected to witness over 11.5% CAGR from 2023-2032 owing to the presence of key manufacturing hubs for aircraft components, including LED lighting systems in the region.

Some of the top aircraft LED companies are Honeywell Aerospace, Astronics Corporation, Aveo Engineering Group, Collins Aerospace, Cree, Inc., Diehl Aviation, Luminator Aerospace, Precise Flight, Inc., Rockwell Collins, Safran, STG Aerospace, and UTC Aerospace Systems.