Aircraft Lighting Systems Market
According to a recent report published by Allied Market Research, titled, Aircraft Lighting Systems Market by Aircraft Type and Light Type: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global aircraft lighting systems market was valued at $1,579 million in 2016, and is projected to reach at $2,204 million by 2023, growing at a CAGR of 5.1% from 2017 to 2023. In 2016, the interior lighting sub-segment accounted for the highest revenue share in the global market.
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North America dominated the global aircraft lighting systems market in 2016, and is expected to continue this trend during the forecast period. As per the International Air Transport Association (IATA), the profitability of the North American airline…
