Aircraft Lightning Protection Market
Aircraft Lightning Protection Market Size, Share & Trends Analysis Report by Type (Fixed Wing, Rotary Wing, and Unmanned Aerial Vehicle (UAVs)), by Fit (Line-Fit and Retrofit), by Application (Test service, Lightning Detection & Warning, and Lightning protection), and by End-user (Civil and Military) Forecast, 2022-2028 Update Available - Forecast 2024-2030
Aircraft lightning Protection market is anticipated to grow at a significant CAGR of 5.5% during the forecast period (2022-2028). One of the major factors contributing to the growth of the global aircraft lightning protection market is the increasing number of R&D activities to develop new polymers and innovative theories that would increase the market penetration in the upcoming forecast year. For instance, the growing use of composite body airframes has grown due to the developments in transit voltage suppressors provide large plastic area devices that are up to the RTCA DO-160E multi-strike lightning standard. These industrial values are supported by the strict safety norms enforced by many regulatory bodies to improve the integration of protective materials in fuel efficiency and aircraft infrastructure. The aircraft lightning protection norms are continuously developed by regulatory bodies such as European Aviation Safety Agency (EASA) and Federal Aviation Administration.
Another driver for the growth of the global aircraft lightning protection market is the increased aircraft production due to the rising air passenger traffic and the necessity to replace old aircraft fleets would significantly increase the market growth of the global aircraft lightning protection industry. The number of air passengers is expected to be nearly eight billion in the year 2036, according to the International Air Transport Association (IATA), which is double passengers traveling by air in 2018. For instance, in January 2019, Bombardier Inc. received an order of 120 new aircraft by JetBlue, displaying the growth in aircraft manufacturing which will propel the growth of the global aircraft lightning protection market.
Impact of COVID-19 Pandemic on Global Aircraft Lightning Protection Market
The COVID-19 pandemic has hindered the growth of the global aircraft lightning protection market. Due to the lockdowns imposed by governments across the globe, the aviation industry came to a complete halt. During the pandemic governments banned all commercial international flights to curb the spread of the COVID-19 virus, a limited number of domestic flights were operational with only 50% capacity on a priority basis. Due to these restrictions and ban on commercial flights, the aviation industry lost a huge amount of monetary value and failed to generate revenue causing several aviation companies to file bankruptcy. To accommodate these losses aviation companies are now operating on thin margins to revive the market. The aviation industry is expected to make a recovery after the end of the COVID-19 pandemic and market growth in the future.
Segmental Outlook
The global aircraft lightning protection market is segmented based on type, fit, application, and end-user. Based on the type, the market is classified as fixed-wing, rotary-wing, and unmanned aerial vehicles. Based on the fit, the market is segmented into line-fit and retrofit. Based on the application, the market is segmented into, test service, lightning detection & warning, lightning protection. Based on the end-user, the market is segmented into civil and military. Among the fit segment, the line-fit holds the majority of the market in the global aircraft lightning protection industry.
Global Aircraft Lightning Protection Market Share by Fit, 2021 (%)
The Line-fit Segment Holds the Major Share in the Global Aircraft Lightning Protection Market.
Based on the fit segment, the line-fit segment holds the majority of the shares in the global aircraft lightning protection market. This majority can be contributed to the major use of line-fit solutions which utilizes conductive material installation in the aircraft structure to safeguard the airplane from lightning strikes. Aircraft manufacturers are developing new components and design systems that include expanded metal that can disperse and withstand electrical discharge strikes while also reducing the weight of the lightning protection components. New developments in products like static wicks, transitive voltage suppressors, and expanded metal foils would help in overcoming the limitations of composite materials.
Regional Outlooks
The global aircraft lightning protection market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement.
Global Aircraft Lightning Protection Market Growth, by Region 2022-2028
The North-American region holds the Major Share in the Global Aircraft Lightning Protection Market.
North America holds the majority of the shares in the global aircraft lightning protection market. This majority of shares can be contributed to the presence of major aircraft manufacturers in the US. The US accounts for the largest aircraft market globally and is expected to grow further in the forecast period. This major market is expected to see a rise in demand for new aircraft which would require aircraft lightning protection solutions. Thus, the North-American market dominates the global aircraft lightning protection market.
Market Players Outlook
The major companies serving the global aircraft lightning protection market include Astroseal Products Manufacturing, Cobham Ltd., Dexmet Corp., Dayton-Granger, Inc., Microsemi Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in 2019, Dexmet Corporation, an aircraft lightning strike protection company was acquired by PPG.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Lightning Protection market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Aircraft Lightning Protection Market
• Recovery Scenario of Global Aircraft Lightning Protection Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Astroseal Products Manufacturing
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Cobham Ltd.
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. Dexmet Corp.
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. Dayton-Granger, Inc.
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. Microsemi Corp.
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Aircraft Lightning Protection Market by Type
4.1.1. Fixed Wing
4.1.2. Rotary Wing
4.1.3. Unmanned Aerial Vehicle (UAVs)
4.2. Global Aircraft Lightning Protection market by Fit
4.2.1. Line Fit
4.2.2. Retrofit
4.3. Global Aircraft Lightning Protection Market by Application
4.3.1. Test Service
4.3.2. Lightning Detection & Warning
4.3.3. Lightning Protection
4.4. Global Aircraft Lightning Protection Market by End-User
4.4.1. Civil
4.4.2. Military
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Avidyne
6.2. Benmetal
6.3. Microsemi Corp.
6.4. NTS Technical Systems
6.5. Saab AB
6.6. L3Harris Technologies, Inc.
6.7. Parker Online Services
6.8. Gill Corp.
6.9. Technical Fiber Products Ltd (James Cropper PLC)
6.10. Honeywell International Inc.
6.11. Weather Guard Lightning Tech
6.12. Pinnacle Lightning Protection, LLC.
6.13. PPG Industries Inc.
6.14. Parker Hannifin
6.15. Niles International LLC.
1. GLOBAL AIRCRAFT LIGHTNING PROTECTION MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
2. GLOBAL FIXED WING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL ROTARY WING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL UNMANNED AERIAL VEHICLE (UAVs) MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL AIRCRAFT LIGHTNING PROTECTION MARKET RESEARCH AND ANALYSIS BY FIT, 2020-2027 ($ MILLION)
6. GLOBAL LINE FIT MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL RETROFIT MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL AIRCRAFT LIGHTNING PROTECTION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
9. GLOBAL TEST SERVICE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL LIGHTNING DETECTION & WARNING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL LIGHTNING PROTECTION RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL AIRCRAFT LIGHTNING PROTECTION MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
13. NORTH AMERICAN AIRCRAFT LIGHTNING PROTECTION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
14. NORTH AMERICAN AIRCRAFT LIGHTNING PROTECTION MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
15. NORTH AMERICAN AIRCRAFT LIGHTNING PROTECTION MARKET RESEARCH AND ANALYSIS BY FIT, 2020-2027 ($ MILLION)
16. NORTH AMERICAN AIRCRAFT LIGHTNING PROTECTION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
17. NORTH AMERICAN AIRCRAFT LIGHTNING PROTECTION MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
18. EUROPEAN AIRCRAFT LIGHTNING PROTECTION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
19. EUROPEAN AIRCRAFT LIGHTNING PROTECTION MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
20. EUROPEAN AIRCRAFT LIGHTNING PROTECTION MARKET RESEARCH AND ANALYSIS BY FIT, 2020-2027 ($ MILLION)
21. EUROPEAN AIRCRAFT LIGHTNING PROTECTION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
22. EUROPEAN AIRCRAFT LIGHTNING PROTECTION MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
23. ASIA-PACIFIC AIRCRAFT LIGHTNING PROTECTION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
24. ASIA-PACIFIC AIRCRAFT LIGHTNING PROTECTION MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
25. ASIA-PACIFIC AIRCRAFT LIGHTNING PROTECTION MARKET RESEARCH AND ANALYSIS BY FIT, 2020-2027 ($ MILLION)
26. ASIA-PACIFIC AIRCRAFT LIGHTNING PROTECTION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
27. ASIA-PACIFIC AIRCRAFT LIGHTNING PROTECTION MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
28. REST OF THE WORLD AIRCRAFT LIGHTNING PROTECTION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
29. REST OF THE WORLD AIRCRAFT LIGHTNING PROTECTION MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
30. REST OF THE WORLD AIRCRAFT LIGHTNING PROTECTION MARKET RESEARCH AND ANALYSIS BY FIT, 2020-2027 ($ MILLION)
31. REST OF THE WORLD AIRCRAFT LIGHTNING PROTECTION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
32. REST OF THE WORLD AIRCRAFT LIGHTNING PROTECTION MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL AIRCRAFT LIGHTNING PROTECTION MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL AIRCRAFT LIGHTNING PROTECTION MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL AIRCRAFT LIGHTNING PROTECTION MARKET, 2021-2027 (%)
4. GLOBAL AIRCRAFT LIGHTNING PROTECTION MARKET SHARE BY TYPE, 2020 VS 2027 (%)
5. GLOBAL FIXED WING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
6. GLOBAL ROTARY WING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
7. GLOBAL UNMANNED AERIAL VEHICLE (UAVs) MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL AIRCRAFT LIGHTNING PROTECTION MARKET SHARE BY FIT, 2020 VS 2027 (%)
9. GLOBAL LINE FIT MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
10. GLOBAL DUAL FIT MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
11. GLOBAL TRI FIT MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
12. GLOBAL AIRCRAFT LIGHTNING PROTECTION MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
13. GLOBAL TEST SERVICE MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
14. GLOBAL LIGHTNING DETECTION & WARNING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
15. GLOBAL LIGHTNING PROTECTION SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
16. GLOBAL AIRCRAFT LIGHTNING PROTECTION MARKET SHARE BY END-USER, 2020 VS 2027 (%)
17. GLOBAL CIVIL SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
18. GLOBAL MILITARY SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
19. GLOBAL AIRCRAFT LIGHTNING PROTECTION MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
20. US AIRCRAFT LIGHTNING PROTECTION MARKET SIZE, 2020-2027 ($ MILLION)
21. CANADA AIRCRAFT LIGHTNING PROTECTION MARKET SIZE, 2020-2027 ($ MILLION)
22. UK AIRCRAFT LIGHTNING PROTECTION MARKET SIZE, 2020-2027 ($ MILLION)
23. FRANCE AIRCRAFT LIGHTNING PROTECTION MARKET SIZE, 2020-2027 ($ MILLION)
24. GERMANY AIRCRAFT LIGHTNING PROTECTION MARKET SIZE, 2020-2027 ($ MILLION)
25. ITALY AIRCRAFT LIGHTNING PROTECTION MARKET SIZE, 2020-2027 ($ MILLION)
26. SPAIN AIRCRAFT LIGHTNING PROTECTION MARKET SIZE, 2020-2027 ($ MILLION)
27. REST OF EUROPE AIRCRAFT LIGHTNING PROTECTION MARKET SIZE, 2020-2027 ($ MILLION)
28. INDIA AIRCRAFT LIGHTNING PROTECTION MARKET SIZE, 2020-2027 ($ MILLION)
29. CHINA AIRCRAFT LIGHTNING PROTECTION MARKET SIZE, 2020-2027 ($ MILLION)
30. JAPAN AIRCRAFT LIGHTNING PROTECTION MARKET SIZE, 2020-2027 ($ MILLION)
31. SOUTH KOREA AIRCRAFT LIGHTNING PROTECTION MARKET SIZE, 2020-2027 ($ MILLION)
32. REST OF ASIA-PACIFIC AIRCRAFT LIGHTNING PROTECTION MARKET SIZE, 2020-2027 ($ MILLION)
33. REST OF THE WORLD AIRCRAFT LIGHTNING PROTECTION MARKET SIZE, 2020-2027 ($ MILLION)
