Aircraft Lightning Protection Market 2020 – Increasing Demand With Leading Key Players, Detailed Analysis, Trends- TMR Research

Aircraft Lightning Protection: Introduction

  • Aircraft lightning protections are employed to protect critical and non-critical electronic equipment and protect an aircraft from accident
  • Lightning strikes can affect airline operations and cause costly delays and service interruptions
  • Lightning protection is highly essential in aircraft, as it can protect several aircraft components such as electrically controlled power feeders, fuel valves, generators, and electric distribution systems from damage
  • When lightning strikes the exterior of an aircraft, electricity travels from the point of impact to some other point without diversion or interruption caused to the interior of the aircraft if lightning protections are used

Rise in Demand for Aircraft Lightning Protection for Use in Military and Aerospace Industries

  • Aircraft lightning protections are largely used in military and aerospace industries for protection of aircraft from lightning, which is considered a major factor driving the global aircraft lightning protection market
  • Aircraft lightning protections are reliable and high-performance protection products that can withstand severe environmental conditions
  • Moreover, increase in the number of orders for new aircraft to strengthen the defense sector of developing countries across the globe is expected to promote growth of the global market during the forecast period
  • Furthermore, increase in the number of air passengers is expected to augment the global aviation industry as well as fuel the demand for lightning protections used in aircraft during the forecast period
  • As a result of these factors, the demand for aircraft lightning protections for use in military and aerospace applications is increasing, which is expected to drive the global aircraft lightning protection market during the forecast period
  • However, the existing backlog in the delivery of new aircraft by several prominent vendors is expected to hinder the global market from 2019 to 2027

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North America to Lead Global Aircraft Lightning Protection Market

  • In terms of region, the global aircraft lightning protection market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
  • North America is anticipated to dominate the global aircraft lightning protection market throughout the forecast period, as a large number of manufacturers of aircraft lightning protection products operate in the region
  • The aircraft lightning protection market in Europe and Asia Pacific is expected to expand at a substantial rate during the forecast period. On the other hand, the market in Middle East & Africa and South America is estimated to expand at a moderate pace during the forecast period.

Key Players Operating in Global Aircraft Lightning Protection Market

The global aircraft lightning protection market was highly fragmented in 2018. Major players operating in the global market are focusing on technological advancements and expansions to meet the risen demand for aircraft lightning protection products. Moreover, manufacturers are entering into partnerships for the development of innovative products.

Key players operating in the global aircraft lightning protection market are:

  • Astroseal Products Manufacturing Corp.
  • Cobham plc
  • Dayton-Granger, Inc.
  • Dexmet Corporation
  • Honeywell International Inc.
  • L3Harris Technologies, Inc.
  • Microsemi
  • Protek Devices
  • Saab AB
  • TE Connectivity

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Global Aircraft Lightning Protection Market: Research Scope

Global Aircraft Lightning Protection Market, by Aircraft Type

  • Fixed-wing
  • Rotary-wing
  • Unmanned Aerial Vehicles (UAVs)

Global Aircraft Lightning Protection Market, by Fit

  • Line-fit
  • Retrofit

Global Aircraft Lightning Protection Market, by Application

  • Test Service
  • Lightning Detection & Warning
  • Lightning Protection
  • Others

Global Aircraft Lightning Protection Market, by End-user

  • Military
  • Civil

Global Aircraft Lightning Protection Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Mexico
    • Rest of South America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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