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Aircraft Lightning Protection Market Report | Covid-19 Impact Analysis
The Aircraft Lightning Protection Market is Segmented by Application Type (Test Service, Lightning Detection & Warning, and Lightning Protection), by End-User Type (Civil, Military), by Aircraft Type (Fixed-Wing Aircraft, Rotary-Wing Aircraft, and Unmanned Aerial Vehicles (UAVS)), by
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Aircraft Lightning Protection Market is likely to witness an impressive CAGR of 8.2% during the forecast period. Growing quantity of orders for the procurement of new aircraft across the world and the rising demand for more electric aircraft and glass cockpit are the significant growth drivers that are expected to drive the global aircraft lightning protection market.
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Aircraft Lightning Protection Market- Snapshot |
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Growth |
8.2% for the next five years |
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Major Aircraft Type |
Fixed-Wing Aircraft |
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Major Fit Type |
Linefit |
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Dominant End-User Type |
Civil Aviation |
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Region with the highest demand |
North America |
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Key Players |
Avidyne Corporation, Astroseal Products Manufacturing Corporation (Astrostrike), Cobham plc, Dayton-Granger, Dexmet Corporation, Honeywell International, Lord Corporation, Microsemi Corporation, National Technical Systems (NTP), and Pinnacle Lightning Protection. |
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Based on the application type, the market is segmented as test service, lightning detection & warning, and lightning protection. Lightning protection includes various mechanisms, such as static wicks, transient voltage suppressors, and expanded metal foils. These components support in minimizing the severity of damage caused owing to lightning strikes on the aircraft.
Based on the end-user type, the market is segmented as civil and military. The civil aviation industry has been registering significant growth over the previous few years, owing to the rise in air travel and upsurge in disposable income of the middle-class population. Increase in demand for passenger and cargo flights is one of the most significant contributors that is estimated to boost the demand for aircraft lightning protection devices in the coming five years.
Based on the aircraft type, the market is segmented as fixed-wing aircraft, rotary-wing aircraft, and unmanned aerial vehicles (UAVS). The fixed-wing segment is anticipated to significantly grow owing to the rising demand for new commercial aircraft, in the coming five years. Thus, the growth in commercial air travel across the globe and the rising defense expenditure of prominent economies are estimated to bolster the demand for aircraft lightning protection during the forecast period.
Based on the fit type, the market is segmented as linefit and retrofit. The linefit segment is expected to depict a higher growth during the forecast period against the retrofit segment. The estimated higher growth rate of the linefit segment is owing to the rise in procurement of aircraft orders coupled with their deliveries, economic development across regions, and an upsurge in air passenger traffic across the globe.
In terms of regions, North America dominated the global aircraft lightning protection market in 2019, owing to the regional presence of major aircraft manufacturers, such as Boeing (US) and Bombardier (Canada). These aviation giants have major new aircraft orders, which are anticipated to propel the aircraft lightning protection market during the forecast period. The Asia-Pacific aircraft lightning protection market is expected to depict the highest growth in the coming five years. China and India are the growth engines of the region. The market is driven by the growing aviation industry, rising air passenger traffic, and ameliorating economic conditions in the region. Europe is also expected to offer substantial growth opportunities during the forecast period.
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Some of the major players in the aircraft lightning protection market are-
Aircraft Lightning Protection is mainly a layer added on the aircraft exterior body that helps in withstanding the lightening. The metal skin though protects the aircraft against electromagnetic energy entrance, but it does not prevent it all.
Aircraft Lightning Protection is application as test service, lightning detection & warning, and lightning protection.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Aircraft Lightning Protection Market Research Report - Features |
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Market Segmentation |
5 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
8 |
The aircraft lightning protection market is segmented into the following categories.
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This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
The aircraft lightning protection market is expected to witness an impressive growth of 8.2% CAGR in the foreseeable future.
Avidyne Corporation, Astroseal Products Manufacturing Corporation (Astrostrike), Cobham plc, Dayton-Granger, Dexmet Corporation, Honeywell International, Lord Corporation, Microsemi Corporation, National Technical Systems (NTP), Pinnacle Lightning Protection are among the key players in the aircraft lightning protection market.
Asia-pacific is expected to depict the highest growth in the aircraft lightning protection market during the next five years.
The linefit segment is expected to depict a higher growth in the aircraft lightning protection market in the coming years.
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