Published By: Accurize Market Research Copyright © 2019 Accurize Market Research
Global Aircraft Lightning Protection Market report published by Accurize Market Research forecast that the global market is expected to reach $27 billion by By geography, the Asia Pacific and North America are the major markets expected to maintain its trend throughout the forecast period, i.e., Aircraft Lightning Protection Market Request Sample: lightning-protection-market/sample-request Copyright © 2019 Accurize Market Research
Increased government spending on the military to drive the market Increasing adoption of composite structures in aircraft program and high acceptance from military, regional, and commercial aircraft manufacturers due to aircraft protection fuel the demand for the global aircraft lightning protection market. Moreover, the emergence of new aircraft manufacturers in the Asia-Pacific region, and aviation guidelines and authorization standards about the use of Lightning Strike Protection (LSP) in aircraft also boosts the growth of the market. Copyright © 2019 Accurize Market Research
Market Segmentation The global aircraft lightning protection market is segmented based on aircraft type, fit, application, end-user, and geography. The aircraft type is sub-segmented into fixed-wing aircraft, rotary-wing aircraft, and unmanned aerial vehicles. The fixed-wing aircraft segment is further sub-segmented into narrow-body aircraft, wide-body aircraft, business aircraft, very large aircraft, regional transport aircraft, fighter aircraft, light aircraft, military transport aircraft, and fighter jets. Rotary-wing aircraft is further divided into military helicopters and civil helicopters. Line-fit and retrofit are the segmentation of fit segment. The application segment includes lightning detection & warning, lightning protection (expanded metal foils, static wicks, transient voltage suppressors), and test service. Furthermore, military and civil are the bifurcations of end-user. By geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the world (RoW). Copyright © 2019 Accurize Market Research
“UAVs, by aircraft type anticipated to grow at the highest CAGR between forecast period,” says Accurize By aircraft type, UAVs are expected to grow with the fastest CAGR owing to less demanding flight profile, lifetime, and environmental requirements than manned aircraft. Moreover, the UAVs segment has witnessed significant growth in the past few years due to the increasing applicability of UAVs in the commercial and defense sectors that have boosted the aircraft lightning protection market. “Retrofit, is anticipated to gain the fastest CAGR between 2017 and 2025,” says Accurize On the basis of the fit segment, the retrofit segment is projected to attain the fastest CAGR over the forecast period. The high growth in the segment can be seen in the upgradation and modification of an aircraft during the overhaul period, and key companies are dedicated to retrofitting the aging fleets of commercial aircraft. Moreover, the line fit is estimated to dominate the segment with major aircraft lightning protection market share. Copyright © 2019 Accurize Market Research
“UAVs, by aircraft type anticipated to grow at the highest CAGR between forecast period,” says Accurize By aircraft type, UAVs are expected to grow with the fastest CAGR owing to less demanding flight profile, lifetime, and environmental requirements than manned aircraft. Moreover, the UAVs segment has witnessed significant growth in the past few years due to the increasing applicability of UAVs in the commercial and defense sectors that have boosted the aircraft lightning protection market. “Retrofit, is anticipated to gain the fastest CAGR between 2017 and 2025,” says Accurize On the basis of the fit segment, the retrofit segment is projected to attain the fastest CAGR over the forecast period. The high growth in the segment can be seen in the upgradation and modification of an aircraft during the overhaul period, and key companies are dedicated to retrofitting the aging fleets of commercial aircraft. Moreover, the line fit is estimated to dominate the segment with major aircraft lightning protection market share. Copyright © 2019 Accurize Market Research
“Asia-Pacific is anticipated to be the fastest-growing market during the forecast period,” says Accurize Asia-Pacific is likely to attain the fastest CAGR throughout the forecast period, driven by factors such as increasing air passenger traffic and improving the economic conditions of the region. Moreover, emerging aircraft manufacturers in China, India, and Japan, are estimated to propel the demand for aircraft lightning protection in the coming years. Ask for customization: -lightning-protection-market/ask-for-customization Copyright © 2019 Accurize Market Research
Top players in the market The key market players include Dexmet Corporation Henkel AG & Co. KGaA Lighting Diversion System LORD Corporation Astroseal Products Manufacturing Corp. Hollingsworth & Vose Company GKD – GEBR Kufferath AG Arconic Wallner tooling/EXPAC and Niles Expanded Metals & Plastic among others Copyright © 2019 Accurize Market Research
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