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Aircraft Lighting Systems Market to Boom with Improved Market Size

Emerging countries, such as China, Japan, South Korea, and India, are expected to experience significant growth in air traffic boost the market growth. Furthermore, the Asia-Pacific is expected to grow at a significant rate, owing to the growth in aviation industry, privatization of airline operators, and increase in investment initiatives by government organizations.

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Aircraft Lighting Systems Market to Boom with Improved Market Size

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  1. Aircraft Lighting Systems Market Opportunity Analysis and Industry Forecast, 2016-2023 Global Opportunity Analysis and Industry Forecast, 2017-2023

  2. Introduction • The global aircraft lighting systems market is projected to reach at $2,204 million by 2023, growing at a CAGR of 5.1% from 2017 to 2023 • In 2016, the interior lighting sub-segment accounted for the highest revenue share in the global market • The leading market players have developed customized lighting systems and equipment to cater to the needs of consumers • The marketers focus on exploring novel technologies and applications through technology demonstration to increase their market outreach • High demand for energy efficient lighting systems in the emerging economies, such as Asia-Pacific and LAMEA, along with increase in privatization of airlines in the market is expected to provide numerous growth opportunities during the forecast period

  3. Key Factors of the Market • The factors that drive the global aircraft lighting systems market are increase in air travel, growth in demand for new aircraft, and rise in need for light-weighted aircraft components & new technological advancements. However, high initial costs hamper the market growth • Technological advancements, in terms of miniaturization of components, implementation of advanced technologies have encouraged the airline operators to invest in advanced aircraft lighting system for long-term benefits • The retrofit lighting system improves the lighting output, increases energy savings, improves safety, and offers increased productivity

  4. Aircraft Lighting Systems Market Get PDF Brochure of this Insight @ https://www.alliedmarketresearch.com/request- sample/2405

  5. Key Benefits of the Market • The exterior lighting systems sub-segment is expected to exhibit a significant increase in the global aircraft lighting systems market during the forecast period • In 2016, the narrow body aircraft accounted for the highest revenue among the other aircraft types • Asia-Pacific is anticipated to exhibit substantial growth during the forecast period

  6. Market Segmentation

  7. Contact Allied Market Research • • • • • • • • • • Diehl Stiftung & Co. Kg. Zodiac Aerospace United Technologies Corporation B/E Aerospace, Inc. Luminator Aerospace Cobham PLC. Honeywell International Inc. STG Aerospace Limited Astronics Geltronix Aviation Light For purchase enquiry, visit @ https://www.alliedmarketresearch.com/purchase-enquiry/2405

  8. Contact Allied Market Research About Allied Market Research: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Contact Us: 5933 NE Win Sivers Drive, #205, Portland, OR 97220, United States. Int'l: +1-503-894-6022 Toll Free: +1-800-792-5285 Fax: +1-800-792-5285

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