Aircraft Lightning Protection Market Research Report - Global Forecast till 2027

Global Aircraft Lightning Protection Market Research Report: Information By End User (Commercial and Military), Application (Lightning Protection, Lightning Detection & Warning and Test Service), Aircraft Type (Fixed Wing, Rotary Wing and Unmanned Aerial Vehicles), Fit (Linefit and Retrofit) and Region (North America, Europe, Asia-Pacific and the Rest of the World) - Forecast till 2027

ID: MRFR/A&D/8747-HCR | February 2021 | Region: Global | 168 pages

Please note that the assessment period of report has been updated from 2020–2026 to 2020-2027. Cordially fill the sample form for updated data.

Market Scenario


Global Aircraft Lightning Protection Market is projected to register a CAGR of 5.91% during the forecast period from 2020 to 2026. Aircraft lightning protection is a type of protective shield that protects aircraft from lightning strikes. Aircraft often trigger lightning while flying through heavily charged clouds. Lightning comes in contact with the ends of an aircraft such as the nose or the wing, and the current travels through conductive exterior material and exits from other extremities such as the tail. Since the exterior material of the aircraft is mostly made up of aluminum, it is a good conductor of electricity, and lightning protection systems keep the current in the exterior part of the plane.


Market Synopsis


Global Aircraft Lightning Protection Market is expected to register significant growth during the forecast period due to key factors such as the increasing use of electronics in aircraft systems and the growing adoption of composite structures in aircraft. Furthermore, the increasing use of more electric aircraft and glass cockpits is also expected to drive the growth of the market. Additionally, the emergence of new aircraft manufacturers in the Asia-Pacific region is also expected to drive the growth of the market.


However, issues related to complex maintenance procedures and existing backlogs in the new aircraft deliveries might hamper the growth of the market.


Market USP


The increasing use of new-generation aircraft and the growing demand for military aircraft have propelled the demand for aircraft lightning protection systems. Additionally, technological advancements such as lightning sensor systems and lightning diverters are expected to drive the growth of the market.


Market Drivers



  • The Increasing Use of Electronics in Aircraft Systems: Rising adoption of electronics in aircraft systems such as inflight connectivity systems to offer enhanced comfort and connectivity to passengers is expected to boost the demand for aircraft lightning protection systems.



  • The Growing Demand for Electric Aircraft and Glass Cockpits



  • Increased Adoption of Composite Structures in Aircraft


Market Restraints



  • Issues Related to Complex Maintenance Procedures

  • Existing Backlogs in the New Aircraft Deliveries

  • Stringent Regulatory Norms


Segmentation


By End-User



  • Commercial: The segment dominated the market and is expected to grow at the higher CAGR during the review period owing to the growing air passenger traffic across the world.



  • Military: The segment is expected to grow at a significant CAGR during the forecast period, 2020 to 2026, owing to the rising defense expenditures of countries such as China and India.


By Aircraft Type



  • Fixed Wing: The segment dominated the market in 2019. Increasing commercial aircraft orders are expected to drive the growth of the segment.



  • Rotary Wing: The segment is expected to grow at a significant CAGR during the forecast period, 2020 to 2026, due to the increasing adoption of helicopters for various applications such as emergency medical services (EMS), troop transport, and tourism.



  • Unmanned Aerial Vehicles: The segment is expected to grow at the highest CAGR during the forecast period due to the rising adoption of UAVs for various applications such as surveillance and search & rescue.


By Fit



  • Linefit: The segment dominated the market in 2019. The rising number of new aircraft deliveries is expected to drive the growth of the segment.



  • Retrofit: The segment is expected to grow at the higher CAGR during the forecast period, 2020 to 2026, owing to factors such as the increasing focus of major players on modifications and retrofitting of aging aircraft fleets during maintenance and overhaul.


By Region



  • North America: North America dominated the global aircraft lightning protection market in 2019 due to the presence of prominent technology companies such as PPG Engineered Materials and Microchip Technology Inc.



  • Europe: The presence of key aircraft OEMs such as Airbus S.A.S is expected to drive the growth of the market in the region.



  • Asia-Pacific: The market in this region is projected to register the highest CAGR during the forecast period. The growing aviation industry in countries such as China, Japan, and India is expected to fuel the demand for aircraft lightning protection systems in the region.



  • Rest of the World: Increasing international tourism and passenger traffic in countries such as South Africa, Brazil, and the Gulf Countries are expected to increase the demand for aircraft lightning protection systems in the region.


Key Players



  • Cobham Limited (UK)

  • Saab AB (Sweden)

  • Honeywell International, Inc. (US)

  • L3Harris Technologies, Inc.(US)

  • Microsemi (US)

  • TE Connectivity (Switzerland)

  • Dayton-Granger, Inc. (US)

  • PPG Engineered Materials (US)

  • Astroseal Products Manufacturing Corp. (US)

  • Pinnacle Lightning Protection, LLC (US)


Other Prominent Players



  • Avidyne Corporation (US)

  • National Technical Systems, Inc. (US)

  • Parker Hannifin Corp. (US)

  • Microchip Technology Inc. (US)



Report Scope:
Report Attribute/Metric Details
  Market Size   Significant Value
  CAGR   5.91% (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   End User, Application, Aircraft Type and Fit
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Cobham Limited (UK), Saab AB (Sweden), Honeywell International, Inc. (US), L3Harris Technologies, Inc.(US), Microsemi (US), TE Connectivity (Switzerland), Dayton-Granger, Inc. (US), PPG Engineered Materials (US), Astroseal Products Manufacturing Corp. (US), Pinnacle Lightning Protection, LLC (US), Avidyne Corporation (US), National Technical Systems, Inc. (US), Parker Hannifin Corp. (US) and Microchip Technology Inc. (US)
  Key Market Opportunities   The increasing use of new-generation aircraft and the growing demand for military aircraft have propelled the demand for aircraft lightning protection systems
  Key Market Drivers

  • The Increasing Use of Electronics in Aircraft Systems
  • The Growing Demand for Electric Aircraft and Glass Cockpits
  • Increased Adoption of Composite Structures in Aircraft


  • Frequently Asked Questions (FAQ) :


    The Aircraft lighting protection market can expand at 5.91%CAGR by 2026.

    By 2026, the Aircraft lighting protection market value can rise substantially.

    Honeywell International, Inc. (US), Saab AB (Sweden) and Cobham Limited (UK) are some reputed names in the Aircraft lighting protection market.

    The increase in sales of linefits can promote the Aircraft lighting protection market.

    Complex maintenance procedure can limit the Aircraft lighting protection market expansion.