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What’s driving the Aircraft Lightning Protection Market Size? | Key Players are The Gill , Saywell, L3 Aviation Products, Dexmet Corporation, Microsemi Corporation, Honeywell and Cobham

07-09-2019 08:30 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Research

Aircraft Lightning Protection Market

Aircraft Lightning Protection Market

Line-fit segment from the aircraft lightning protection market contributed for highest revenue share in 2017. This can be attributed to deployment of lightning protective materials for ensuring the airplane safety. Protective materials including transient voltage suppressors, grounding wires, and expanded metal foils are deployed on the airplane during fabrication. Continuous efforts for reducing the weight of metal foil and improving the conductivity will further support the product demand. Moreover, retrofit segment will foresee sturdy growth owing to the rising MRO facilities.

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3. 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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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.
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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Civil segment dominated the aircraft lightning protection market owing to its large airplane fleet accommodating air passengers. Increasing disposable income and reduced airfare is enabling the operators to strengthen its customer base, thereby resulting in increase of flight iterations. The rising flight iterations is expected to support the industry revenue generation till 2024.

Aircraft lightning protection market participants include Microsemi Corporation, Cobham, Saywell, Dexmet Corporation, The Gill Corporation, L3 Aviation Products and Honeywell. Other notable players are Saab, Dayton Granger, The Expanded Metal Company, Wire Masters, TE Connectivity, Benmetal, Exel Group, Niles Expanded Metal, Astroseal Products, Avidyne, and Proteck devices.

Contact us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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