According to a new report published by Allied Market Research, titled, “Aircraft circuit breakers Market,” The aircraft circuit breakers market was valued at $265.30 million in 2021, and is estimated to reach $387.1 million by 2031, growing at a CAGR of 4% from 2022 to 2031.

Aircraft circuit breakers Market by Type (Magnetic Aircraft Circuit Breaker, Thermal Aircraft Circuit Breaker, Others), by System Type (AC, DC), by Voltage (High Voltage, Medium Voltage, Low Voltage), by Application (Commercial Aircraft, Military Aircraft, UAV, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031.

The increase in number of passengers, high demand for retro fit traditional light, and new aircraft demand are the factors that drive the global market growth. Rising demand for repair and overhaul services for aircraft lighting is positively affecting the aircraft cabin lighting market. However, lack of profitable airlines in emerging economies is estimated to restrain the market growth. In addition, alternative modes of transport and airline order backlogs are hampering the aircraft cabin lighting market growth.

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Based on type, the aircraft cabin lighting market is segmented into emergency lighting and ordinance signs, lavatory lights, reading & dome lights, specialty lighting, and wash lighting. Emergency lightings and ordinance signs are used to indicate the safety procedures and protocols during critical situations. Lavatory lights are used in commercial aircrafts to inform about the availability of lavatory. Reading & dome lights provide optimal reading conditions in high-ceiling cabins. Specialty lighting is used in aircraft cabin areas such as galley and lavatories. Wash lighting makes it easier for travelers to sleep, give the airplane a restaurant feel during meal time, and decreases jet lag.

Key Findings of the Aircraft Cabin Lighting Market –

  • The Asia-Pacific aircraft cabin lighting market is predicted to account for a share of over 25.95% by 2026.
  • The wash lighting segment is expected to dominate the market, garnering a aircraft cabin lighting market share of 25.81% during the projected period.
  • The retro fit segment is projected to hold a share of over 54.41% by 2026.
  • The commercial aviation segment is estimated to account for 49.07% of the share by 2026.
  • The Europe aircraft cabin lighting market is predicted to hold a share of over 32.16% by 2026.

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The market players have adopted collaboration, partnership, product launch, joint venture, agreement and acquisition as their key strategies to gain competitive advantage in this market. The key players operating in the aircraft cabin lighting industry include Astronics Corporation, Cobham PLC., and Devore Aviation Corporation of America, Diehl Stiftung & Co. KG., Geltronix Aviation Light, Luminator Technology Group, Safran, STG Aerospace, Soderberg Manufacturing Company Inc., and United Technologies Corporation.

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About us:

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.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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