Today, owing to strong outlook of aerospace industry, the aircraft glareshield lighting market is expected to take traction over the forecast period. The goal of aircraft glareshield lighting in an aircraft is to make the instruments and controls easy to read, while preserving the pilot’s night vision. Aircraft glareshield lighting are available in different types including incandescent lights, halogens and light-emitting diodes. Among these, light-emitting diodes is estimated to hold significant share in aircraft glareshield lighting market.
Accumulative count of commercial aircraft, defense/military aircraft, etc. is predicted to upsurge the demand of aircraft glareshield lighting in the near future.
Drivers:
Substantial number of aircraft deliveries is anticipated to be a prime factor driving the growth of aircraft glareshield lighting market over the forecast period. Moreover, the replacement of aging aircraft in North America is expected to boost the demand of aircraft glareshield lighting market in the coming decade. That apart, every growing aerospace industry both in developed and developing economies is anticipated to provide traction to the growth of the aircraft glareshield lighting market over the forecast period. Furthermore, there has been a substantial progress in air traffic in last few years at global level and there is a sign that the traffic will continue to expand in the forecast years, which will ultimately fuel the growth of aircraft glareshield lighting market.
Restraints:
New generation of more reliable aircrafts with low maintenance may affect aircraft refurbishment. This is predicted to be a major factor restraining the growth of the aircraft glareshield lighting aftermarket over the forecast period.
Trends:
A major trend anticipated five years down the line includes strategic collaboration of aircraft glareshield lighting manufacturers with component suppliers based in Asia Pacific to enhance production capacity to meet rapidly increasing demand. Moreover, aircraft glareshield lighting manufacturer are investing in research and development activities to develop new technologies compliant with latest safety and performance guidelines.
The regional demand dynamics can be directly correlated with the demand from aerospace industry. Over the forecast period, North America is anticipated to be closely followed by Europe. Both of these markets are predicted to witness massive growth in the aircraft glareshield lighting market as aerospace industry is one the most matured industries in developed countries, such as Germany, United States etc. Moreover, emerging economies in Asia Pacific, such as India and China are expected to grow at a considerable CAGR during the forecast period in global aircraft glareshield lighting market owing to rise in investment in aerospace sector.
Latin America is projected to grow at a substantial CAGR during the forecast period owing to growing air passenger traffic in the region. MEA and Japan are expected to support the growth of the aircraft glareshield lighting market over the forecast period.
Example of some of the key participants identified across the value chain of global aircraft glareshield lighting market include:
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, application, sales channel, and end user.
The aircraft glareshield lighting report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
The global aircraft glareshield lighting market can be segmented on the basis of type, sales channel and aircraft type
On the basis of type, the global aircraft glareshield lighting market can be segmented as:
On the basis of sales channel, the global aircraft glareshield lighting market can be segmented as:
On the basis of aircraft type, the global aircraft glareshield lighting market can be segmented as:
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Aircraft Glareshield Lighting Market
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