May 29, 2021   SOURCE: BusinessWire

Global Commercial Aircraft LED Lighting System Market Report 2021-2027 with Focus on Honeywell International, Rockwell Collins, STG Aerospace, UTC Aerospace Systems & Zodiac Aerospace - ResearchAndMarkets.com

The "Commercial Aircraft LED Lighting System - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Commercial Aircraft LED Lighting System Market to Reach $1.1 Billion by 2027

Amid the COVID-19 crisis, the global market for Commercial Aircraft LED Lighting System estimated at US$782.1 Million in the year 2020, is projected to reach a revised size of US$1.1 Billion by 2027, growing at a CAGR of 4.6% over the analysis period 2020-2027.

Narrow Body Aircraft, one of the segments analyzed in the report, is projected to record a 5.3% CAGR and reach US$752 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Wide Body Aircraft segment is readjusted to a revised 3.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $230.4 Million, While China is Forecast to Grow at 4.3% CAGR

The Commercial Aircraft LED Lighting System market in the U.S. is estimated at US$230.4 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$189.3 Million by the year 2027 trailing a CAGR of 4.3% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 3.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Regional Aircraft Segment to Record 3% CAGR

In the global Regional Aircraft segment, USA, Canada, Japan, China and Europe will drive the 3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$47.2 Million in the year 2020 will reach a projected size of US$58.2 Million by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$122.7 Million by the year 2027.

Select Competitors (Total 46 Featured):

  • Honeywell International, Inc.
  • Rockwell Collins, Inc.
  • STG Aerospace
  • UTC Aerospace Systems
  • Zodiac Aerospace

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

  • Influencer Market Insights
  • Impact of Covid-19 and a Looming Global Recession
  • World Current & Future Analysis for Commercial Aircraft LED Lighting System by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • World Current & Future Analysis for Narrow Body Aircraft by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • World Current & Future Analysis for Wide Body Aircraft by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • World Current & Future Analysis for Regional Aircraft by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • World Current & Future Analysis for Wall, Ceiling, & Floor by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • World Current & Future Analysis for Reading by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • World Current & Future Analysis for Lavatory by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR

III. MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 46

For more information about this report visit https://www.researchandmarkets.com/r/6lu8sx