Helicopter Lighting Market Growth | Business Overview and Forecast to 2023
Research Reports
Jan 19, 2021
Market Insight
Global Helicopter Lighting Market is driven by various factors such as focus on enhancing aviation safety, and rising adoption of LED lighting systems. Furthermore, the aircraft modernization programs being adopted around the globe and increased retrofit of existing rotary-wing aircraft is further imparting market growth.
Key Players
The key players in the Global Helicopter Lighting Market 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).
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Market Segment
Global Helicopter Lighting Market has been segmented based on application, type, vendor, technology, and region.
Based on application, the helicopter lighting market 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 Market 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.
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