Aircraft Lightning Protection Market 2021-2025 Top Trends, Business Opportunity, and Growth Strategy-Astroseal Products Manufacturing Corp., PPG Engineered Materials, Dayton-Granger Inc

Aircraft Lightning Protection Market by Component, Application, Services, and Region- Forecast to 2025

The Global Aircraft Lightning Protection Market Research Report 2021-2025 published by MarketInsightsReports is a significant source of keen information for business specialists. It furnishes the Aircraft Lightning Protection business outline with development investigation and historical and futuristic cost analysis, income, demand, and supply information (upcoming identifiers). The research analysts give a detailed depiction of the Aircraft Lightning Protection worth chain and its wholesaler examination. Aircraft Lightning Protection Market study gives extensive information which upgrades the agreement, degree, and use of this report.

The aircraft lightning protection market is anticipated to register a CAGR of over 4% during the forecast period (2020 - 2025).

Get a Sample Copy of this Report:

https://www.marketinsightsreports.com/reports/10192353616/aircraft-lightning-protection-market-growth-trends-and-forecasts-2020-2025/inquiry?Mode=A*

Top Leading Companies of Aircraft Lightning Protection Market are Astroseal Products Manufacturing Corp., PPG Engineered Materials, Dayton-Granger Inc., The Gill Corporation, Parker Hannifin Corporation, Microsemi (Microchip Technology Inc.), Henkel AG & Co., Hydra-Electric Company, AEF Solutions, Conductive Composites, Technical Fibre Products Ltd, A.P.C.M. LLC, and others.

Industry News And Updates on Aircraft Lightning Protection Market-

North America to Dominate the Market During the Forecast Period

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. Air travel to and from the United States increased significantly over the past decade. As a result of the increasing air passenger traffic, commercial airlines in the region are investing heavily to expand their fleet with new commercial aircraft. For instance, in July 2019, Delta Air Lines ordered five Airbus A220-100 aircraft. Earlier, in 2016, Delta Air Lines had placed an order for 75 A220 aircraft and later ordered an additional 15 aircraft in December 2018. Similarly, in June 2019, American Airlines ordered 50 Airbus A321XLR aircraft, which is the new longer-ranger version of Airbuss A321neo aircraft. The purchase agreement included the conversion of 30 American Airlines existing A321neo slots to A321XLRs and incremental orders for an additional 20 A321XLRs.

Key Market Trends Aircraft Lightning Protection Market-

Commercial Aircraft Segment to Dominate the Market During the Forecast Period

The commercial aircraft segment held the highest market share in 2019. In 2019, more than 4.5 billion people traveled by commercial airlines around the world. The rise in air traffic is prompting airline operators to initiate procurement drives and place orders for new-generation aircraft. For instance, in July 2019, Air France-KLM signed a Memorandum of Understanding (MoU) with Airbus for 60 A220-300 aircraft to modernize its fleet. In December 2019, Air France-KLM Group ordered an additional 10 widebody Airbus A350-900s. In April 2020, 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. Such orders from commercial airlines may generate demand for aircraft lightning protection, which, in turn, may propel the growth of the market during the forecast period.

Competitive Landscape On Aircraft Lightning Protection Market-

In July 2019, PPG announced the acquisition of Dexmet Corporation, a manufacturer of specialty materials for surfaces in aerospace. The company is a leader in several critical application areas, including aircraft lightning strike protection.

- In June 2018, Microsemi Corporation introduced new transient voltage suppressor (TVS) devices, namely, the 18-kilowatt MPLAD18KP and 36-kilowatt MPLAD36KP TVS families. These devices have large plastic area device (PLAD) packages, and they also meet the RTCA DO-160E multi-strike lightning standard, which has more importance with the growing use of composite body airframes.

Browse Full Report at: (Avail a Free Consulting For your Business)

https://www.marketinsightsreports.com/reports/10192353616/aircraft-lightning-protection-market-growth-trends-and-forecasts-2020-2025?Mode=A*

Reasons for purchasing this Report-

The report takes a 360-degree approach to ensure that the niche and emerging aspects are also factored Aircraft Lightning Protection in to ultimately get accurate results.
Analyst Support: Get you query resolved by speaking to our research analysts before and after purchasing the report.
Customer Satisfaction: Our team of research analysts will accommodate all your Aircraft Lightning Protection research needs and customize the report accordingly.
Long-standing experience: Our team of analysts will offer elaborate and accurate insights pertaining to the Aircraft Lightning Protection Market

We additionally offer customization on reports based on customer necessity:

1- Free Country-level analysis for any 5 countries of your choice.

2- Free Competitive analysis of any 5 key market players.

3- Free 40 analyst hours to cover any other data points.

Please connect with our sales team (sales@marketinsightsreports.com).

Address:
Market Insights Reports
4893, Pepper drive, Harrisburg ,NC 28075,United States
Irfan Tamboli (Head of Sales)
Market Insights Reports
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and Chinese and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.