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Aircraft Lightning Protection Market Trends, Top Companies, Share, Growth And Forecast 2032
Aircraft Lightning Protection Market
The Business Research Company's Aircraft Lightning Protection Global Market Report 2023 identifies growing adoption of lightning sensor systems.Lightning sensor systems on airplanes are electric field sensors on the aircraft that help continuously monitor the electrical environment of an airplane, through this system, onboard algorithms can determine the risk of lightning charge, helping improve the situation. For instance, Honeywell's lightning sensor system, the LSZ-860 helps detect areas of lightning activity in a 200-nautical mile radius around the aircraft.
The global aircraft lightning protection market size will grow 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 market size of global aircraft lightning protection is expected to grow to $6.58 billion in 2027 at a CAGR of 9.5%.
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Major competitors in the template market are Dayton-Granger, L3 Technologies, Astroseal Products, Dexmet, Pinnacle Lightning Protection, LLC, PPG Engineered Materials, TE Connectivity, National Technical Systems.
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A key trend in the template market includes growing adoption of lightning sensor systems. Lightning sensor systems on airplanes are electric field sensors on the aircraft that help continuously monitor the electrical environment of an airplane, through this system, onboard algorithms can determine the risk of lightning charge, helping improve the situation. For instance, Honeywell's lightning sensor system, the LSZ-860 helps detect areas of lightning activity in a 200-nautical mile radius around the aircraft.
Read More On The Global Aircraft Lightning Protection Market Report Here:
https://www.thebusinessresearchcompany.com/report/aircraft-lightning-protection-global-market-report
The template market is segmented -
• By Application: Lightning Protection, Lightning Detection & Warning, Static Wicks, Expanded Metal Foils, Transient Voltage Suppressors, Test Service
• By Fit: Line Fit, Retrofit
• 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 template market.
The Business Research Company's "Global Aircraft Lightning Protection Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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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
……
26. Africa Aircraft Lightning Protection Market
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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