The Global Aircraft Lightning Protection Market Size is estimated to expand rapidly in coming years, at a CAGR of 6.00 from 2018 to 2025. In 2017, the global market valuation was $3.5 billion, and it is anticipated to be greater than $xx.xx billion by 2025. The aircraft lightning protection is majorly required to absorb the electric field which leaves or enters the airplane during lightning strikes. Usually, lightning strikes the wingtips, nose, engine cowlings, and the vertical tail tip. To avoid the damage of aircraft fuselage, the lightning protection is used. The parts used for this protection will be manufactured in such a way that to avoid the interaction of generated electric field to avoid significant damages of the aircrafts.

Worldwide Aircraft Lightning Protection Market Growth Opportunities (Revenue, Growth) By 2017-2025

The lightning flash originates with the formation of electrical charge in the air or, more commonly, clouds. The most common producer of lightning is the cumulonimbus thundercloud. Lightning, however, can also occur during sandstorms, snowstorms, and in the clouds over erupting volcanos. Every year at least one flight gets stuck with lighting. Passengers rarely know it at the time, in part because the airplane’s aluminum hull conducts the charge harmlessly from entry point to exit. In fact, 1963 was the last year a strike caused an airliner to crash in the United States

Market Dynamics

Aircraft Lightning Protection market was valued at around USD 3.95 billion in the year 2017, to grow exponentially during the forecast period. The market is primarily driven by the increasing passenger travel demand, new aircraft orders owing to increasing air routes, and increase in production and expansion of aviation industry and the research and development which is carried out on mechanism, design, and material of the aircraft body to make it safer, lighter and efficient has also brought it in the growth phase in an area of innovation in the aircraft lightning protection market.

However, the factors such as the high cost of manufacturing setup and permits required for the manufacturing of aerospace components and strict standards and guidelines from regulating authorities may restraint the growth of the aircraft lightnning protection market over the forecast period. Also, the current trend to use better technology equipment for improved results will contribute towards the growth of the demand for aircraft lightning protection market during the forecast period.

Segment Analysis 

Based on aircraft type, the Aircraft Lightning Protection market is segments as Fixed-wing, Rotary-wing, UAVs. Additionally, the market is also segmented on the basis of fit namely; line-fit and Retrofit. Line-fit segment leads aircraft lightning protection market size. The protective materials including expanded metal foil, transient voltage suppressors and grounding wires are installed during airplane fabrication.

On the basis of application type, the Aircraft Lightning Protection market is segmented as Test Service, Lightning Detection & Warning, and Lightning Protection. Lighting protecting market to be the fastest growing segment during the forecast period. Additionally, civil end user segment will dominate aircraft lightning protection market with large airplane fleet to accommodate air passengers. Increasing per capita income in conjunction with decreasing air fares form airline operators to strengthen customer base has led to surge in flight iterations thereby increasing product demand.

Regional Analysis

North America is anticipated to hold the major market share in the global Aircraft Lightning Protection market, owing to increasing use of Aircraft Lighting Protection in the commercial and military aircraft. the U.S. Federal Aviation Administration (FAA) regulations regarding empty airplane weight have surged the application of composite materials. Adoption of methods for conductive treatment of composites will enhance product penetration. Asia Pacific will register around 5.9% CAGR over projected timeline with increasing passenger traffic. The airline operators are reducing airfare in countries including China and India thereby enhancing product requirement.

Worldwide Aircraft Lightning Protection Market Size, Share Analysis By Region 2017

Aircraft Lightning Protection Market: Secondary Research Method

To recognize and collect authentic and market-oriented information crucial for the research study, several secondary sources have been approached and referred. Press releases, white papers, companies annual reports, investor presentations, and articles present on trustworthy websites, databases, and certified publications are some of the significant secondary research sources that have been used to prepare the report. The data collected as secondary data have been obtained from various reliable journals and associations such as Smart Ticketing Alliance, Association of Professional Social Compliance Auditors, General Service Administration, Department of Transportation, and Association for Intelligent Transport Systems to reach to the market numbers or size. The data obtained through secondary sources has been validated through primary research.

Aircraft Lightning Protection Market: Primary Research Method

For conducting primary research, several primary sources of the demand as well as supply sides have been approached and interviewed for obtaining quantitative and qualitative information crucial for the report. Vice Presidents, CEOs, technology directors, Product Managers, Marketing Directors and other executives of giant market players and organizations operating in Aircraft Lighting Protection market are included as primary sources of the supply side.

After performing comprehensive engineering of aircraft lighting protection Market (which includes market size estimations, calculations regarding market statistics, market forecasting, data triangulation, and market breakdown), detailed and vast primary research has been carried out to collect information along with verifying and validating the significant and critical market numbers arrived at.

Key Players

Major players operating in global aircraft lightning protection market include The Gill Corporation, Saywell, L3 Aviation Products, Dexmet Corporation, Microsemi Corporation, Honeywell and Cobham. Other important players include Wire Masters, The Expanded Metal Company, Benmetal, Niles Expanded Metal, Exel Group, Proteck devices, Avidyne, Astroseal Products, Dayton Granger, TE Connectivity and Saab.

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