Global Aircraft Lightning Protection Market size is projected to be valued $XX Billion by 2025; with a CAGR of XX% from 2017 to 2025. Aircraft lightning protection on airplanes is used to avoid interruptions, delays and also reduce the significance of the strike. Lightning generally strikes the wingtips, engine cowlings, nose, and the tip of the vertical tail which cause a significant damage when the current enters or leaves the aircraft. So to avoid such situations, a preventive measure is used which have a lightning protection system that absorbs the electric field without damaging the fuselage of an aircraft.
Increasing adoption of composite structures in aircraft program is the primary factor to boost the global aircraft lightning protection market. Moreover, high acceptance from military, regional, and commercial aircrafts manufacturers due to aircraft protection, the emergence of new aircraft manufacturers in Asia-Pacific region, and aviation guidelines and authorization standards about the use of Lightning Strike Protection (LSP) in aircraft is expected to generate numerous growth opportunities for the market in the coming years.
The global aircraft lightning protection market is segmented on the basis of aircraft type, fit, application, end-user, and geography. The aircraft type is sub-segmented into fixed-wing aircraft, rotary-wing aircraft, and unmanned aerial vehicles. The fixed-wing aircraft segment is further sub-segmented into narrow body aircraft, wide-body aircraft, business aircraft, very large aircraft, regional transport aircraft, fighter aircraft, light aircraft, military transport aircraft, and fighter jets. Rotary-wing aircraft is further divided into military helicopters and civil helicopters. Line-fit and retrofit are the segmentation of fit segment. Application segment includes lightning detection & warning, lightning protection (expanded metal foils, static wicks, transient voltage suppressors), and test service. Furthermore, military and civil are the bifurcations of end-user.
Based on geography, the global aircraft lightning protection market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe consists of UK, Russia, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea and Rest of Asia-Pacific while RoW is bifurcated into South America, the Middle East, and Africa.
Major companies operating in the global aircraft lightning protection market are Dexmet Corporation, Henkel AG & Co. KGaA, Lighting Diversion System, LORD Corporation, Astroseal Products Manufacturing Corp., Hollingsworth & Vose Company, GKD – GEBR. Kufferath AG, Arconic, Wallner tooling/EXPAC, and Niles Expanded Metals & Plastic amongothers.
The key takeaways from the report
The detailed analysis of global aircraft lightning protection marketwith respect to key segments such aircraft type, fit, application, end-user, and geography has been included in the report
The report comprises the qualitative and quantitative analysis of the market with market estimation over 2016 – 2025 and CAGR between 2017 and 2025
Comprehensive analysis of market dynamics including growth factors, restraining factors and opportunities will be provided in the report
An exhaustive regional and country wise analysis of global aircraft lightning protection markethas been covered in the report
Profile of the major key players operating in the global aircraft lightning protection market will be provided, with detailed study on their key financials, product & services, new developments and business strategies.
Scope of Global Aircraft Lightning Protection Market
Aircraft Type Segments
Unmanned Aerial Vehicles
Lightning Detection & Warning
Rest of Europe
Rest of Asia-Pacific
The Middle East