Global Aircraft Landing Gear Lighting Market

Aircraft Landing Gear Lighting Market Size, Share, Growth Analysis, By Type(LED Lights, Halogen Lights and Others.), By Application(Taxi Lights, Landing Lights, Runway Turnoff Lights, Logo Lights), By Region - Industry Forecast 2024-2031

Report ID: SQMIG20A2132 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 66 | Figures: 75

Aircraft Landing Gear Lighting Market News

  • In May 2023, AAR Corporation announced that it has received a contract from an undisclosed customer for the supply of aircraft landing gear lighting systems. The contract is valued at USD 10 million and is expected to be completed in 2024.
  • In April 2023, Eaton Corporation announced that it has developed a new LED landing gear lighting system that is more energy-efficient and durable than traditional lighting systems. The new system is expected to save airlines up to 50% on energy costs.
  • In March 2023, GKN Aerospace announced that it has signed a partnership agreement with Honeywell International to develop and market new aircraft landing gear lighting systems. The partnership is expected to help the two companies to develop more innovative and efficient lighting systems.
  • In February 2023, Honeywell International announced that it has received a patent for a new aircraft landing gear lighting system that uses lasers to improve visibility. The new system is expected to be more efficient and safer than traditional lighting systems.
  • In January 2023, Safran announced that it has developed a new LED landing gear lighting system that is more durable and resistant to harsh environments. The new system is expected to be used in a variety of aircraft, including commercial aircraft, military aircraft, and general aviation aircraft.
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Aircraft Landing Gear Lighting Market size was valued at USD 3.49 billion in 2022 and is poised to grow from USD 3.67 billion in 2023 to USD 5.46 billion by 2031, growing at a CAGR of 5.10% in the forecast period (2024-2031).

In this competitive market, companies focus on research and development activities to introduce advanced lighting technologies that enhance visibility during critical phases of flight, such as takeoff and landing. LED (Light Emitting Diode) technology has gained significant traction in recent years due to its energy efficiency, durability, and ability to provide bright and focused illumination. 'Honeywell Aerospace (US)', 'Safran Landing Systems (France)', 'Collins Aerospace (US)', 'United Technologies Corporation (UTC) Aerospace Systems (US)', 'Meggitt PLC (UK)', 'Whelen Engineering Company, Inc. (US)', 'Rockwell Collins, Inc. (US)', 'B/E Aerospace, Inc. (US)', 'Cobham plc (UK)', 'Diehl Stiftung & Co. KG (Germany)', 'Luminator Technology Group (US)', 'Oxley Group (UK)', 'Aveo Engineering Group, s.r.o. (Czech Republic)', 'Astronics Corporation (US)', 'Hella KGaA Hueck & Co. (Germany)', 'Precise Flight, Inc. (US)', 'Soderberg Manufacturing Company, Inc. (US)', 'Nordic Lights Ltd. (Finland)', 'Visiontron Corp. (US)', 'Aveox, Inc. (US)'

Aircraft landing gear lighting plays a crucial role in enhancing safety during critical phases of flight, such as takeoff and landing. These lights improve visibility for pilots, ground personnel, and other aircraft, reducing the risk of accidents and improving overall operational safety.

Advanced LED (Light Emitting Diode) lighting systems: LED technology has revolutionized aircraft lighting due to its numerous advantages over traditional lighting solutions. LED landing gear lights offer higher brightness, improved visibility, and increased energy efficiency, making them an attractive choice for aircraft manufacturers and operators. These lighting systems consume less power, resulting in reduced fuel consumption and lower operational costs for airlines. Additionally, LED lights have a longer lifespan and require less maintenance, contributing to enhanced reliability and reduced downtime. As the aviation industry continues to focus on enhancing safety, efficiency, and sustainability, the transition to LED landing gear lighting is expected to gain further momentum, driving the market's growth in the coming years.

Among the various regions in the global Aircraft Landing Gear Lighting market, North America emerges as the most dominant region. North America has a prominent presence in the aviation industry, with a large number of commercial and military aircraft in operation. The region's dominance can be attributed to the presence of major aircraft manufacturers, a strong aviation infrastructure, and a significant focus on technological advancements in the aerospace sector. Furthermore, stringent safety regulations and increasing retrofitting activities have also driven the demand for advanced landing gear lighting systems in the region.

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Global Aircraft Landing Gear Lighting Market

Report ID: SQMIG20A2132

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