According to the new market research report "from 2012 to 2017, the civil aviation aircraft lighting market forecast and analysis, according to the 2017 global civil aviation aircraft lighting market is expected to total $1.31 billion GDP, compound annual growth rate (CAGR) of 5.43%.
Aviation industry in recovery after the global economic crisis from 2007 to 2008, prompting civilian aircraft manufacturer received new orders. Most of the orders come from the asia-pacific region and the brics and other emerging economies. Manufacturers are expanding production capacity plane and energy-saving aspects of innovation.
Aviation (narrow body aircraft market) is emerging new companies from emerging economies. It also brings opportunities for aircraft parts manufacturers. Along with the new and old models order quantity will increase, from 2012 to 2017, the civil aviation aircraft lighting industry is expected to grow at 5.43%. China's aircraft lighting market is expected to develop rapidly.
Rising fuel prices is a major challenge, the airline is currently deal with the problem, have to use more energy efficient light interior. A large number of research and development activities are carried out, aimed to improve passenger experience through innovative energy-saving lamps.
Low-cost carriers (LCCS) has 63% of the world's fleet, they use a single channel narrow body aircraft, most of the aircraft configuration containing ordinary reading lamp hung on top tank. However, the Boeing 787 and Airbus (Boeings), Airbus A380 aircraft lighting system, a new generation of aircraft with innovative lighting system.
Given more intelligent LED lighting system is able to promote efficiency, better control, the advantages of reducing energy consumption and prolong life, the plane is now with such a system.
In 2017, the global civil aviation aircraft lighting market output value is expected to rise by $2012 in 1.01 billion to 1.31 billion dollars. The development of the market to a great extent, driven by increased energy demand, improve passenger experience is also a factor to promote the development of it.