Aircraft Lightning Protection Market Trends By Key Players: Honeywell, Cobham, Microsemi, Dexmet, L3 Aviation Products, Saywell, The Gill Corporation, Saab, TE Connectivity, Dayton Granger, Astroseal Products, Avidyne, Proteck devices, Exel, Niles Expande

Market Overview:-

Aircraft Lightning Protection Market will rising usage of composite materials for improving fuel efficiency and reducing airplane weight will trigger the industry growth over the forecast period. These materials comprise of multiple benefits, however resisting current flow property may damage the airplane structure. Commercial airplanes witness lightning strike at least once in a time span of 1,000 hours of flight duration. The amount of the damaged caused to the airplane depends on the amount of energy dissipated, strike duration, and exit & attachment locations. Manufacturers deploy conductive material on the outer surface to improve the airplane conductivity, positively influencing the aircraft lightning protection market growth from 2018 to 2024.

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Increasing number of air passengers is augmenting the requirements for airplanes. IATA reported that the number of air passenger is expected to increase over 7.8 billion by 2036. The airline industry witnessed a significant rise in the number of passengers in comparison to seaways and railways owing to increased safety and reduced travel time. Industry players are focusing to expand their business owing to the previous backlog, thereby escalating the aircraft lightning protection industry.

Top Key Players:-    

The key players of global Aircraft Lightning Protection Market are Cobham, Honeywell, Microsemi Corporation, Dexmet Corporation, L3 Aviation Products, Saywell, The Gill Corporation, Saab, TE Connectivity, Dayton Granger, Astroseal Products, Avidyne, Proteck devices, Exel Group, Niles Expanded Metal, Benmetal, The Expanded Metal Company and Wire Masters.

Regional Segmentations:-

North America leads the aircraft lightning protection market owing to the increasing production and deliveries of airplanes. Government of the U.S & Canada and FAA introduced regulations regarding the weight of empty plane which will surge the application for composite materials. Implementation of procedures regarding conductive treatment for composites will increase the product demand.

Asia Pacific is expected to witness around 5% CAGR over the forecast timeframe owing to multiplying number of air passengers. Moreover, the reduction of airfare in developing economies such as India and China by the airline operators will further strengthen regional share.

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Major Points of Table Of Content:-

Aircraft Lightning Protection Industry Insights
3.1. Industry segmentation

3.2. Industry landscape, 2013 - 2024

3.3. Industry ecosystem analysis

3.3.1.  Supplier

3.3.2.  Manufacturer

3.3.3.  Profit margin analysis

3.3.4.  Distribution channel analysis

3.3.5.  Vendor matrix

3.4. Technology landscape

3.5. Regulatory landscape

3.5.1.  North America

3.5.2.  Europe

3.5.3.  Asia Pacific

3.5.4.  Latin America

3.5.5.  MEA

3.6. Industry impact forces

3.6.1.  Growth drivers

3.6.1.1.    North America

3.6.1.2.    Europe

3.6.1.3.    Asia Pacific

3.6.1.4.    Latin America

3.6.1.5.    MEA

3.6.2.  Industry pitfalls & challenges

3.7. Innovation & sustainability

3.8. Growth potential analysis

3.9. Porter's analysis

3.10.        Company market share analysis, 2017

3.10.1. Top players analysis

3.10.2. Strategy dashboard

3.11.    PESTEL analysis

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Lightning protection material dominated the industry and accounted for 94% of overall revenue in 2017. The materials are deployed on the outer surface and in structure for protecting the airplanes against lightning strikes. The static wicks and grounding wires are positioned on the trailing edges for discharging the charge into atmosphere. While expanded metal foil is positioned in the structure above composite material for improving the conductivity. Moreover, deployment of static wicks to reduce hinderances in radio communication and transmitting static discharges will propel the aircraft lightning protection market demand over the forecast period.

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