Press release
Aircraft Lightning Protection Market Growth & Key Business Strategies by Leading Industry Players - Avidyne, Cobham, Dayton-Granger, Dexmet Corporation, Honeywell International, L3 Technologies, Lord Corporation, Microsemi Corporation
Global Aircraft Lightning Protectionis accounted for $4.09billion in 2017 and is expected to reach $7.86billion by 2026 growing at a CAGR of 7.5% during the forecast period.Growing adoption of composite structures in aircraft program and increase in aircraft fleet and new aircraft orders are some of the factors propelling the market growth. However, high price of manufacturing setup and strict regulatory norms are hindering the market growth.
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The report provides an in-depth overview of the market. This includes market characteristics, consisting of segmentation, market share, trends and strategies for this market. The Market Size section provides historical forecasts of market growth and future. An in-depth analysis of the major companies operating in the market is also mentioned in this research report
Some of the key players profiled in the Aircraft Lightning ProtectionincludeAstroseal Products Manufacturing Corporation (Astrostrike), Avidyne, Cobham, Dayton-Granger, Dexmet Corporation, Honeywell International, L3 Technologies, Lord Corporation, Microsemi Corporation, National Technical Systems (NTP), Pinnacle Lightning Protection, Saab and TE Connectivity.
Further the market is segmented Depending on end user, Civil segment has a significant growth during the forecast period due to rise in air travel and disposable revenue of the middle-class populace andgrowth in demand for passenger & cargo flights are some of the factors driving the market growth.
Based on geography, Asia Pacific has a highest market growth during the forecast period. Factors such as rising air passenger traffic &improving economic conditions, growing demand for new lightweight and fuel-efficient aircraft are driving the market growth in this region.
Fit Covered:
- Retrofit
- Linefit
Aircraft Types Covered:
- Rotary-Wing Aircraft
- Fixed-Wing Aircraft
- Turboprop
- Unmanned Aerial Vehicles (UAVS)
Applications Covered:
- Lightning Detection & Warning
- Test Service
- Lightning Protection
End Users Covered:
- Military
- Civil
- Commercial
Moreover, the competitive landscape of the market is analyzed, including advanced companies that dominate the market. Major financial transactions that have shaped the market in recent years have been identified. The Trends and Strategies section highlights the market's future development potential and suggests approaches that can be adopted by the enterprise for effective decision-making.
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Table of Contents
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Aircraft Lightning Protection Market, By Fit
6 Global Aircraft Lightning Protection Market, By Aircraft Type
7 Global Aircraft Lightning Protection Market, By Application
8 Global Aircraft Lightning Protection Market, By End User
9 Global Aircraft Lightning Protection Market, By Geography
10 Key Developments
11 Company Profiling
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