Helicopter Lighting Industry, Trends Of Market, Statistics and Information Overview By 2027
Market Overview:
The helicopter lighting industry is estimated to register a
CAGR of more than 3% during the forecast period by 2027.
The main source of lighting for rotary-wing aircraft is the
lighting system of the helicopter. It accomplishes two key goals. The internal
lighting illuminates the instruments, equipment, and cabins at night while the
exterior lighting provides illumination for navigation, signalling, landing,
search and rescue, and anti-collision. 
Additionally, there is a HEELS (helicopter emergency egress
lighting system) within the cabin, which facilitates evacuation in an
emergency. Most of the external illumination is required for safe operation in
helicopters by a number of organisations, including the FAA.
Meanwhile, the military
helicopter lighting market CAGR is somewhat constrained by reductions
in defence spending, particularly in industrialised nations. However, the
industry has bright prospects for expansion due to the growing usage of helicopters
by law enforcement organisations and for rescue missions.
Market
Segmentation:
The global
helicopter lighting industry has been segmented based on application, type,
vendor, technology, and region.
Based on type, the
helicopter lighting industry is divided into interior lighting and exterior
lighting. The interior lighting segment is further segmented as cockpit &
cabin lights, helicopter emergency egress lights and other lights, whereas, the
exterior lighting segment is further segmented as navigation lights, landing
lights, anti-collision lights, and other lights. The exterior lighting segment
accounted for the largest market size while the interior lighting segment is
expected to witness the highest CAGR during the forecast period as helicopter
operators are focusing on procuring these systems to comply with the safety
requirements.
Based on
application, the helicopter lighting industry is divided into civil and
military. The civil segment accounted for the largest market size and is
projected to witness the highest CAGR during the forecast period. Meanwhile,
owing to the considerable demand for military helicopters around the world
especially in developing countries for enhancing the combat capabilities will
create scope for the military helicopter lighting market.
Based on vendor,
the helicopter lighting industry is divided into OEM and Aftermarket. The OEM
segment accounted for the largest market share while the aftermarket segment is
expected to witness the highest CAGR during the forecast period as many
operators are keen on upgrading their helicopters with cost-effective and power
saving lighting systems. The market is also segmented in terms of technology as
traditional, led and others.
Key
Players:
The military
helicopter lighting market drivers are Aero Dynamix,
Inc. (US), Astronics Corporation (US), Cobham plc (UK), Collins Aerospace (a
part of United Technologies Corporation (US)), DeVore Aviation Corporation of
America (US), Honeywell International Inc. (US), Luminator Technology Group
(US), Oxley Group (UK), Precise Flight, Inc. (US) and Whelen Engineering
Company, Inc. (US).
Regional Analysis:
Based on region,
the military
helicopter lighting markets industry is segmented into North America, Europe, Asia-Pacific and Rest of the
World. In 2017, North America accounted for the largest market share, whereas
Asia-Pacific is projected to be the fastest-growing regional market during the
review period. This growth can be attributed to the increasing demand for civil
helicopters and rise in number of users opting helicopters for business travels
in countries such as China, and India.
Related
reports:
Military Helicopter Market : Information by Type (Heavy Cargo, Attack,
Reconnaissance, Light Utility, Medium Utility, Maritime, and Search Rescue), by
Procurement Type (New Acquisitions, Upgrades), and by Region Global Forecast
till 2030
Degaussing
System Market: Information by Solution (Degaussing, Ranging, and
Deperming), by Vessel Type (Small Vessel, Medium Vessel, and Large Vessel), by
End User (OEM, Aftermarket, and Services) and by Region — Global Forecast till
2030
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