Aircraft Lightning Protection Systems Market - Trends Forecast Till 2028

Aircraft Lightning Protection Market by Application (Test Service, Lightning Detection & Warning, Lightning Protection), Aircraft Type (Fixed-wing, Rotary-wing, UAVs), End User (Civil, Military), Fit (Linefit, Retrofit), Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: December, 2021

Base Year Estimate: 2020

Report ID: D-AD-ALPSM-987

Format:  

Number of Pages: 382

Domain: Aerospace & Defense

Aircraft Lightning Protection Systems Market – Trends Forecast Till 2028

The global Aircraft Lightning Protection Systems Market size is projected to reach a CAGR of 6.5% from USD 4.2 Billion in 2017.

Aircraft lightning protection prevents a lightning strike’s electromagnetic energy from entering critical spaces, which include the interior of aircraft, electrical wires, and fuel tank, and it also protects avionics and flight control, conductive meshes, etc.

With the rise in air passenger traffic, airlines are placing orders for new aircraft to expand, modernize their fleets, several countries are striving to enhance their aerial combat and transport capabilities are some of the factors that have supported long-term expansion for Aircraft Lightning Protection Systems Market.

Aircraft Lightning Protection Systems Market Research Report

The North American region is estimated to have the highest growth rate during the forecast period, due to increasing aircraft procurement in the United States, both by the military and commercial segments.

Aircraft Lightning Protection Systems Market is segmented into application, end user, aircraft type, fit and region.

On the basis of Application

  • Lightening protection
  • Lightening detection & warning
  • Test service

On the basis of End-User Industry

  • Civil
  • Military

On the basis of Aircraft Type  

  • Fixed wing aircraft
  • Rotary wing aircraft
  • Unmanned aerial vehicles

On the basis of Fit

  • Linefit
  • Retrofit

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Aircraft Lightning Protection Systems Market Primary Respondent

 

Key Players

  • Astroseal Products Manufacturing Corp.
  • Parker Hannifin Corporation
  • PPG Engineered Materials
  • Dayton-Granger, Inc.
  • AEF Solutions

Recent Developments

  • July 2019, Air France-KLM signed a Memorandum of Understanding (MoU) with Airbus for 60 A220-300 aircraft to modernize its fleet.
  • April 2020, Airbus received orders for 9 commercial aircraft (from its A320 product line) from Avolon. In April 2020, Airbus made 26 deliveries from the A320, A330, A350 XWB, and A320 neo aircraft families.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Aircraft Lightning Protection Systems Market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Growth Rate

CAGR of 5.8% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

application, end user, aircraft type, fit and region.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Astroseal Products Manufacturing Corp., Parker, Hannifin Corporation, PPG Engineered Materials, Dayton-Granger, Inc. and AEF Solutions

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