|By PR Newswire||
|December 5, 2013 01:08 PM EST||
DUBLIN, Ireland, December 5, 2013 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/tjwpwb/global_commercial) has announced the addition of the "Global Commercial Aircraft Interior Lighting Market 2012-2016" report to their offering.
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The Global Commercial Aircraft Interior Lighting market to grow at a CAGR of 5.62 percent over the period 2012-2016.
Commenting on the report, an analyst from the team said: In recent years, the demand for no-frills airlines has been increasing, especially in the APAC region. The cost-effective business model of no-frills airlines has increased the demand for new aircraft in the market. Generally, the no-frills airlines fly only on short-haul routes and provide only seats to the passengers. Additional services, if offered, are either paid for or are not provided on board. These airlines generally tap passengers who either use roadways or railways as their main mode of transportation. The travel cost for no-frills airlines is almost the same as compared to other modes of transportation, while saving time and effort for the traveler. This trend is expected to have a positive impact on the growth of the market in future years.
According to the report, one of the major drivers in this market is the increasing demand for aircrafts in the APAC region. With the advent of the no-frills business model, the demand for new aircrafts 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. The rise in raw material prices has resulted in pricing pressure on aircraft lighting manufacturers, and hence, they are forced to pass on the increased cost to customers.
The key vendors dominating this market space are:
- Astronics Corp.
- UTC Aerospace Systems
- Zodiac Aerospace SA
- B/E Aerospace Inc.
Other vendors mentioned in the report are:
- Avtech Tyee Inc.
- Electro-Mech Components, Inc.
- Emteq, Inc.
- Diehl Aerosystems Holding GmbH
- Luminator Holding, LLC
- STG Aerospace Ltd.
Key Topics Covered:
01. Executive Summary
02. Scope of the Report
03. Market Research Methodology
04. List of Abbreviations
06. Market Landscape
07. Product Segmentation
08. Scheduled Airliners Segmentation
09. Geographical Segmentation
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/tjwpwb/global_commercial