Aircraft Lightning Protection Systems Market Size, Trends, Competitive Landscape, Business Statistics and Forecast till 2030
Aircraft Lightning Protection Systems Market research report by Delvens focuses on primary sections such as – market segments, market outlook, competitive landscape, and company profiles. The segments provide details in terms of various perspectives such as end-use industry, product or service type, and any other relevant segmentation as per the market’s current scenario which includes various aspects to perform further marketing activity, The global Aircraft Lightning Protection Systems Market size is projected to reach a CAGR of 6.5% from USD 4.2 Billion to Forecast 2030
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Aircraft lightning protection prevents a lightning strike’s electromagnetic energy from entering critical spaces, which include the interior of aircraft, electrical wires, and fuel tank, and it also protects avionics and flight control, conductive meshes, etc.
With the rise in air passenger traffic, airlines are placing orders for new aircraft to expand, modernize their fleets, several countries are striving to enhance their aerial combat and transport capabilities are some of the factors that have supported long-term expansion for Aircraft Lightning Protection Systems Market.
Regional Analysis
The North American region is estimated to have the highest growth rate during the forecast period, due to increasing aircraft procurement in the United States, both by the military and commercial segments.
Recent Developments
· Air France-KLM signed a Memorandum of Understanding (MoU) with Airbus for 60 A220-300 aircraft to modernize its fleet.
· Airbus received orders for 9 commercial aircraft (from its A320 product line) from Avolon. In April 2020, Airbus made 26 deliveries from the A320, A330, A350 XWB, and A320 neo aircraft families.
Key Players
· Astroseal Products Manufacturing Corp.
· Parker Hannifin Corporation
· PPG Engineered Materials
· Dayton-Granger, Inc.
· AEF Solutions and More
Aircraft Lightning Protection Systems Market is segmented into application, end user, aircraft type, fit and region.
On the basis of Application
· Lightening protection
· Lightening detection & warning
· Test service
On the basis of End-User Industry
· Civil
· Military
On the basis of Aircraft Type
· Fixed wing aircraft
· Rotary wing aircraft
· Unmanned aerial vehicles
On the basis of Fit
· Linefit
· Retrofit
On the basis of Region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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In addition to the market data for Aircraft Lightning Protection Systems Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
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