Global Aircraft Lightning Protection Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
"Global Aircraft Lightning Protection Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global aircraft lightning protection market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global aircraft lightning protection market report has been segmented on the basis of aircraft type, fit, application, end user, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Aircraft lightning protection is type of protection shield that safeguards aircraft in case of lightning strikes. Aircraft often triggers lightning while flying through heavily charged region of the cloud. In case of lightning, it attaches itself to the extreme ends of an aircraft such as wing or nose and current travels though conductive exterior material and exits of from some other extreme end such as tail. Exterior material of aircraft is commonly made up of aluminum, which is good conductor of electricity and light protection system keeps current n the exterior part of the plane.
Growing demand for aircrafts is a major factor driving growth of the global aircraft lightning protection market. Increasing preference for air travel among individuals coupled growing aviation sector are also factors expected to increase demand for the global market. Increasing adoption of new technology such as glass cockpit as it provides digital flight instrument displays, typically rather than the analog dials and gauges is another factor fueling growth of the target market. Furthermore, growing use of electrical aircrafts, owing to rising environmental concerns are factor expected to boost growth of the global aircraft lightning protection market in the near future.
However, delivery backlogs of aircrafts is a factor that could hamper growth of the global aircraft lightning protection market. Nevertheless, growing aviation sector in emerging economies can create high revenue opportunities for players in the target market.
On the basis of end user, the market is segmented into military and civil. Civil segment is expected to witness high growth over the forecast period, owing to increasing number of air traveling passengers and increasing demand for commercial aircrafts.
Market in North America accounts for major share in terms of revenue and is anticipated to maintain its position over the forecast period. Presence of key players and high adoption of new technology are factors driving growth of the target market in this region. Europe market is expected to account for second-highest share in terms of revenue, owing to growing adoption of electric aircraft in this region. Asia Pacific market in anticipated to witness fastest growth in terms of revenue over the forecast period, followed by Latin America and Middle East and Africa. Rising disposable income and growing preference for air travel among middle class population are factors expected to fuel growth of the target market in Asia Pacific region.
Global Aircraft Lightning Protection Market Segmentation:
Segmentation by aircraft type:
- Rotary-wing Aircrafts
- Fixed-wing Aircrafts
- Unmanned Aerial Vehicles (UAVs)
Segmentation by fit:
Segmentation by application:
- Lightning Detection and Warning
- Test Service
- Lightning Protection
- Static Wicks
- Expanded Metal Foils
- Transient Voltage Suppressors
Segmentation by end user:
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
- Cobham plc
- Saab AB
- NTS Pittsfield
- Dexmet Corporation
- Astroseal Products Manufacturing Corporation
- Dayton-Granger, Inc.
- Pinnacle Lightning Protection, LLC
- Honeywell International Inc.
- L3 Technologies, Inc.
- Avidyne Corporation
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