Aircraft Lightning Protection Market Report: Trends, Analysis & Forecast up to 2025. Discover associated growth opportunities, market dynamics, success factors and more.

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 Segment Insights:

By Application Type:

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.

By End-User Type:

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.

By End-User Type:

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.

By Aircraft Type:

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.

By Fit Type:

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.

By Region:

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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Features of the Report

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.

Based on the research, a proper report is crafted with the following key features:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors 

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