Aircraft Lighting Market is projected to reach USD 7.56 billion at CAGR of 5.8%

The Global Aircraft Lighting Market is projected to reach USD 7.56 billion by 2028, at a CAGR of 5.8% during the forecast period. An aircraft requires a variety of lights for several purposes, including safety, navigation, to improve visibility during flight or while taxiing, etc. The two main categories of aircraft lighting are interior and exterior lights. Interior lights include reading lights, ceiling lights, and floor path lights, among others, and are used to assist passengers in various activities.

Key Developments:
• In November 2016, Rockwell Collins acquired B/E Aerospace. This acquisition will help Rockwell Collins to expand the range of product offerings to major commercial and business aircraft and strengthen its customer base internationally
• In November 2018, United Technologies (UTC) acquired Rockwell Collins. This was one of the largest acquisitions in the history of the aerospace manufacturing industry. Through this acquisition, Rockwell Collins will become Collins Aerospace in a combined re-structuring with United Technologies

Companies Covered: Honeywell International Inc., Diehl Stiftung & Co. KG, Astronics, Zodiac Aerospace, Rockwell Collins, United Technologies Corporation, STG Aerospace Ltd., B/E Aerospace Inc., and Oxley Holdings Ltd…

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