Airborne Lightning Detection System Market is projected to register a more than 6% CAGR during the forecast period :
December 2022/MRFR Press Release/- Market Research Future has published a half-cooked research report on the global airborne lightning detection system market. The market is expected to exhibit an over 6% CAGR from 2020 to 2027.
Market Highlights
Airborne lightning detection systems detect electromagnetic activity to avoid weather-related hazards. The demand for airborne lightning detection systems is growing rapidly owing to minimized flight delays, increasing passenger traffic and a consequent need for passenger safety.
The global airborne lightning detection system market has been studied for five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. In 2017, North America accounted for the largest market share, whereas, Asia-Pacific is projected to be the fastest- growing regional market during the review period.
By equipment, the global airborne lightning detection system market has been segmented into lightning sensor, lightning processor, and lightning display. The lightning sensor segment is expected to account for the largest market share during the forecast period owing to the increased adoption of these sensors in lightning detection systems. Airborne sensors are usually mounted on the belly of the aircraft. During a lightning strike, the sensor detects the electromagnetic energy generated by the strike.
Based on aircraft type, the global lightning detection system market has been divided into fixed-wing, rotary-wing, and UAV. The fixed-wing segment is expected to account for the largest market share during the forecast period owing to the increasing demand for new commercial and military aircraft and the rising defense budgets across the world.
On the basis of fit, the global lightning detection system market has been classified as linefit and retrofit. The linefit segment is expected to be the largest during the review period owing to an increase in air passenger traffic.
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