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Aircraft Lightning Protection Market 2023 : Trends, Business Growth And Major Driving Factors | Dayton-Granger, L3 Technologies, Astroseal Products, Dexmet, Pinnacle Lightning Protection, LLC
Aircraft Lightning Protection Market
Aircraft Lightning Protection Market Size, Growth Rate, And Forecast
The global aircraft lightning protection market size grew from $4.15 billion in 2022 to $4.58 billion in 2023 at a compound annual growth rate (CAGR) of 10.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aircraft lightning protection market size is expected to grow to $6.58 billion in 2027 at a CAGR of 9.5%.
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Aircraft Lightning Protection Market Drivers
Cost-effective air travel is expected to boost the growth of the aircraft lightning protection market. With the increasing cost-effectiveness of flights, more consumers are opting to fly often, this leads to an increase in the manufacturing of aircraft, ultimately propelling the growth of the aircraft lightning protection market.
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Aircraft Lightning Protection Market Segments
1)By Application: Lightning Protection, Lightning Detection & Warning, Static Wicks, Expanded Metal Foils, Transient Voltage Suppressors, Test Service
2) By Fit: Line Fit, Retrofit
3) By Aircraft Type: Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles (UAVs)
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Aircraft Lightning Protection market.
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Aircraft Lightning Protection Market Key Players
Major players in the aircraft lightning protection market are Dayton-Granger, L3 Technologies, Astroseal Products, Dexmet, Pinnacle Lightning Protection, LLC, PPG Engineered Materials, TE Connectivity, National Technical Systems, Parker Hannifin Corp., Microsemi, Protek Devices, All Weather, Inc., AEF Solutions, EFLA Oy, and Astronics Corporation.
The Business Research Company's "Global Aircraft Lightning Protection Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Aircraft Lightning Protection Market Include:
1. Executive Summary
2. Aircraft Lightning Protection Market Characteristics
3. Aircraft Lightning Protection Market Trends And Strategies
4. Aircraft Lightning Protection Market - Macro Economic Scenario
5. Aircraft Lightning Protection Market Size And Growth
……
27. Aircraft Lightning Protection Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aircraft Lightning Protection Market
29. Aircraft Lightning Protection Market Future Outlook and Potential Analysis
30. Appendix
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