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Global Aircraft Lightning Protection Market Size, Share, and Forecast Analysis 2025-2029
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.What Are the Aircraft Lightning Protection Market Size Forecast for 2025?
In recent times, the aircraft lightning protection market has seen an accelerated expansion. It is projected to rise from $5.14 billion in 2024 to $5.69 billion in 2025, with a compound annual growth rate (CAGR) of 10.7%. Factors contributing to the growth during the historic period include the inclusion of sensors and detection systems, resilience to climatic conditions and extreme weather events, emphasis on research and development, and a surge in air traffic.
What Is the Market Size Outlook for Aircraft Lightning Protection Until 2029?
The market for aircraft lightning protection is predicted to experience significant expansion in the upcoming years. It is anticipated to rise to $8.19 billion by 2029, with a compound annual growth rate (CAGR) of 9.5%. The expected growth during this period can be credited to the market needs for lightweight solutions, automation and sensor integration, globalization, industrial growth, and investment in lightning protection research and development. The forecast period will also see major trends such as the development of advanced materials, strict safety regulations, advancements in aircraft technology, and increased research and development endeavors.
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What Are the Major Factors Driving Demand in the Aircraft Lightning Protection Market?
The growth of the aircraft lightning protection market is anticipated to be driven by cost-effective air travel. As flights become more affordable, a rising number of consumers choose to travel by air more frequently. This, in turn, catalyses the manufacturing of more aircraft, propelling the aircraft lightning protection global market forward. Case in point, U.S. airlines saw a significant boost in passenger numbers in 2022, with numbers sitting at 853 million as reported by the US-based Bureau of Transportation Statistics. This is a substantial increase of 30% from 2021's 658 million passengers, signifying an addition of 194 million passengers on a year-to-year basis. The increase was noted from January through to December 2022. Consequently, the demand generated from affordable air travel is likely to further galvanize the growth of the aircraft lightning protection market.
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How Are End-Use Segments Shaping the Aircraft Lightning Protection Market Outlook?
The aircraft lightning protection market covered in this report is segmented -
1) By Fit: Line Fit, Retrofit
2) By Aircraft Type: Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles (UAVs)
3) By Application: Lightning Protection, Lightning Detection And Warning, Static Wicks, Expanded Metal Foils, Transient Voltage Suppressors, Test Service
Subsegments:
1) By Line Fit: Integrated Security Solutions, Security Solutions Embedded, Pre-configured Zero Trust Security Systems
2) By Retrofit: Add-On Zero Trust Solutions, Legacy System Compatibility Solutions, Customizable Retrofitting Options
What Are the Strategic Trends Transforming the Aircraft Lightning Protection Market Landscape?
One notable trend emerging in the market is the increasing utilization of lightning sensor systems. These systems are typically installed on aircraft and function as electric field monitors, consistently overseeing the electrical environment surrounding the airplane. This allows the onboard algorithms to evaluate the potential risk of lightning charge, thereby enhancing situational improvement. An example of such a system is Honeywell's LSZ-860 lightning sensor which can detect lightning occurrences within a 200-nautical mile radius of the aircraft.
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Who Are the Prominent Companies in the Aircraft Lightning Protection Market by ?
Major companies operating in the aircraft lightning protection market include The Boeing Company, Airbus SE, Honeywell International Inc., PPG Industries Inc., L3Harris Technologies Inc., Leonardo S.p.A., TE Connectivity Ltd., Textron Inc., Amphenol Corporation, Gulfstream Aerospace Corporation, Dassault Aviation SA, Bombardier Inc., Embraer S.A., Saab AB, Cobham plc, Ultra Electronics Holdings plc, LORD Corporation, The Gill Corporation, WireMasters Inc., Dayton-Granger Inc., Technical Fibre Products Limited, Dexmet Corporation, Lightning Technologies Inc., LSP Technologies Inc., AstroSeal Products Manufacturing Inc., Pinnacle Lightning Protection LLC
Which Region Is Expected to See the Highest CAGR in the Aircraft Lightning Protection Market?
North America was the largest region in the aircraft lightning protection market in 2024 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the aircraft lightning protection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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