Press release
Airborne Lightning Detection System Market Size, Share, Growth factors, Technology Updates & Recent Developments and Competitive Analysis By Major Key Players Like Aselsan AS, BAE Systems, United Technologies Corporation, Elbit Systems, Sarasota Avionics
Airborne Lightning Detection System Market is projected to register a more than 6% CAGR up to 2023
The key players in the airborne lightning detection system market are Aselsan AS (Turkey), BAE Systems (UK), United Technologies Corporation (US), Elbit Systems Ltd (Israel), Sarasota Avionics International (US), Northrop Grumman Corporation (US), Raytheon Company (US), RUAG Group (Switzerland), Saab AB (Sweden), and Terma (Denmark).
Airborne Lightning Detection System Market is projected to register a more than 6% CAGR up to 2023
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Airborne Lightning Detection System Market: Information by Equipment (Lightning Sensor, Lightning Processor, Lightning Display), Aircraft Type (Fixed-Wing, Rotary-Wing, UAV), End User (Defense, Commercial), Fit (Line, Retro), Region - Global Forecast till 2023
Market Scenario
Airborne lightning detection systems help avoid weather-related hazards such as thunderstorms by detecting electromagnetic activity. This helps minimize flight delays as the system sends impact data to maintenance centers ahead of landing, allowing for rapid post-landing analysis. In recent years, there have been a number of incidents of aircraft being struck by lightning or severely affected by harsh weather conditions. As a result, the global airborne lightning detection system market is expected to grow at a significant pace during the forecast period.
However, the initial R&D expenses for airborne lightning detection technology is extremely high and there are backlogs in new aircraft deliveries, which limit use and restrict market growth. A lack of proper standards is also expected to hinder the growth of the global airborne lightning detection system market.
The global airborne lightning detection system market has been segmented by equipment, aircraft type, end user, fit, and region.
On the basis of equipment, the market has been divided into lightning sensor, lightning processor, and lightning display. This equipment helps reduce the extent of damage caused by lightning strikes. The lightning sensor segment is expected to grow at the highest rate during the forecast period owing to the increased adoption of these sensors. The lightning display segment is projected to be the largest during the review period.
By aircraft type, the market has been classified as fixed-wing, rotary-wing, and UAV. The fixed-wing segment is expected to be the largest and fastest-growing during the forecast period owing to the increasing demand for new commercial and military aircraft and the rising defense budgets in the US, China, and Germany.
Intended Audience
Airline Operators
Aircraft Carriers
Research Organizations
Scope of the Airborne Lightning Detection System Industry Report
This report provides an in-depth analysis of the global airborne lightning detection system market, tracking four market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size and share for North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years in each region. The scope of the study segments the global airborne lightning detection system market by equipment, aircraft type, end user, fit, and by region.
By Equipment
Lightning Sensor
Lightning Processor
Lightning Display
By Aircraft Type
Fixed-Wing
Rotary-Wing
UAV
By End User
Defense
Commercial
By Fit
Linefit
Retrofit
By Region
North America
Europe
Asia-Pacific
Middle East & Africa
Latin America
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