ID: MRFR/A&D/8747-HCR | February 2021 | Region: Global | 168 pages
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.
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.
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.
By Aircraft Type
Other Prominent Players
|Market Size||Significant Value|
|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||
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.