Market Size of Europe Aircraft Lighting Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 189.03 Million |
| Market Size (2029) | USD 266.41 Million |
| CAGR (2024 - 2029) | 7.10 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Aircraft Lighting Market Analysis
The Europe Aircraft Lighting Market size is estimated at USD 189.03 million in 2024, and is expected to reach USD 266.41 million by 2029, growing at a CAGR of 7.10% during the forecast period (2024-2029).
The development of the business ecosystem, rise in disposable income of people, investment in the tourism sector, etc., propels the demand for commercial and general aviation aircraft in the European region. The factor mentioned above is subsequently driving the market growth for aircraft lighting.
The innovations and introduction of new technologies, such as LED mood lighting, human-centric lighting, and other innovative cabin lighting products, significantly fuel the demand for aircraft lighting systems in Europe. A wide range of lighting options in several different colors is helping airlines and aircraft manufacturers enhance customers' moods and experiences during air travel and lessen jetlag.
The success of LCCs is high in this region. Major airline companies in the region, such as Air France, British Airways, and Lufthansa, are focusing on improving the overall passenger experience in the commercial aircraft market. This is expected to play a vital role in aiding the region's demand for aircraft lighting systems.
