ReportsnReports.com adds report Global Commercial Aircraft Lighting Market 2014-2018 to its store.Global Commercial Aircraft Lighting market to grow at a CAGR of 5.36 percent over the period 2014-2018. One of the key factors contributing to this market growth is the increasing demand for aircraft in the APAC region. The Global Commercial Aircraft Lighting market has also been witnessing the rise in demand for low-cost carriers. However, the increase in raw material prices could pose a challenge to the growth of this market.
In recent years, the demand for no-frills airlines has increased, especially in the APAC region. The cost-effective business model of no-frills airlines has increased the demand for new aircraft in the global market. Generally, the no-frills airlines fly only on short-haul routes and provide only seats to passengers. The remaining services are either paid for or are not provided on board. These airlines generally cater to passengers who either use road or rail as their main mode of transportation. The travel cost of no-frills airlines is almost the same as that in these other modes of transportation and at the same time these airlines save travelers both time and effort. This trend is expected to have a positive impact on the growth of the market in the future.
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According to the report, one of the major drivers in this market is the increasing demand for aircraft in the APAC region. With the advent of the no-frills business model, the demand for new aircraft has increased in the APAC region.
Further, the report states that one of the major challenges in this market is the increase in raw material prices. This rise in the prices of raw material has resulted in pricing pressure on aircraft lighting manufacturers and thus they are compelled to pass on the increased cost to customers.Global Commercial Aircraft Lighting Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Commercial Aircraft Lighting market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are Astronics Corp., B/E Aerospace Inc., Diehl Aerospace GmbH, and Zodiac Aerospace S.A.
Other vendors mentioned in the report are Avtech Tyee Inc., Electro-Mech Components, Inc., Emteq, Inc., UTC Aerospace Systems, and Luminator Holding LLC.
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Key questions answered in this report:
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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