The global aircraft lighting market is set to gain impetus from the increasing demand for lightweight aircraft components. Various companies are therefore aiming to develop small-sized aviation lighting components. Fortune Business Insights™ provided this information in a new report, titled, “Aircraft Lighting Market Size, Share & COVID-19 Impact Analysis, By Aircraft Type (Fixed Wing (Commercial Aircraft, Military Aircraft, and Business Jets and General Aircraft), and Rotary Wing (Commercial Helicopter, and Military Helicopter)), By Lighting Type (Interior Lights (Signage lights, Ceiling & Wall lights, Floor Path Lighting, Reading Light, and Lavatory lights), and Exterior Lights (Emergency Lights, Navigation Lights, and Others)), By Point of Sale (OEM, and Aftermarket), and Regional Forecast, 2020-2027.” The report further states that the aircraft lighting market size was USD 921.2 million in 2019 and is projected to reach USD 1,237.6 million by 2027, exhibiting a CAGR of 9.76% during the forecast period. Information Source: https://www.fortunebusinessinsights.com/aircraft-lighting-market-104658 Rising Adoption of LED Lights Owing to Their Beneficial Properties will Favor Growth Nowadays airline operators are choosing LED lights over traditional lights. It is set to propel the development of energy-efficient airplane lighting systems for exterior and interior usage. Also, unlike incandescent and fluorescent lights, LED lights to provide a longer lifespan. At the same time, they don’t require regular maintenance. These factors are expected to drive the aircraft lighting market growth in the coming years. However, the increasing backlogs in aircraft deliveries owing to the massive economic slowdown worldwide may hinder growth. Segment- Interior Lights Segment to Grow Rapidly Fueled by Surging Installation of Mood Lighting Based on lighting type, the interior lights segment earned 67.84% in terms of the aircraft lighting market share in 2019. It is expected to grow rapidly throughout the forthcoming years backed by the rising installation of new cabin lighting, mood lighting in aircraft worldwide. These lights can be easily controlled by passengers with the help of their smartphones, thereby providing them with an enhanced flying experience.