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Report overview
The global Aircraft Lightning Protection market was valued at US$ 4883 million in 2022 and is projected to reach US$ 6471.5 million by 2029, at a CAGR of 4.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Growing use of composite in airplane structural parts to lower weight and enhance fuel efficiency will primarily drive aircraft lightning protection market size during forecast period. An aircraft comprises of around 50% composites in its structure. The composites have low electrical conductivity that may cause serious damage during lightning strike. Further, the damage caused may affect airline operations causing service interruptions and costly delays. Airplane manufacturers install lightning protection materials to enhance conductivity and safeguard passengers. These factors will propel market growth over the study timeframe.
This report aims to provide a comprehensive presentation of the global market for Aircraft Lightning Protection, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aircraft Lightning Protection. This report contains market size and forecasts of Aircraft Lightning Protection in global, including the following market information:
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Lightning Protection Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Aircraft Lightning Protection include Cobham, Honeywell, Microchip Technology, Dexmet Corporation, L3 Aviation Products, Saywell and The Gill Corporation, Saab, TE Connectivity and Dayton Granger, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Aircraft Lightning Protection companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Aircraft Lightning Protection Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Aircraft Lightning Protection Market Segment Percentages, by Type, 2022 (%)
Global Aircraft Lightning Protection Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Aircraft Lightning Protection Market Segment Percentages, by Application, 2022 (%)
Global Aircraft Lightning Protection Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Aircraft Lightning Protection Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: