Global Aircraft Lightning Protection Market Size Study, by Product, by End-User, by Aircraft, by Fit and Regional Forecasts 2022-2032

Description

Global Aircraft Lightning Protection Market valued at approximately USD 3.49 billion in 2023, is anticipated to grow at a moderate CAGR of 3.12% over the forecast period 2024-2032. Aircraft Lightning Protection is a critical aspect of aviation safety, designed to safeguard aircraft from the potentially devastating effects of lightning strikes. Modern aircraft are equipped with sophisticated systems, including conductive pathways, static dischargers, bonding straps, and surge protectors, which channel lightning currents safely through the aircraft's structure, thus minimizing the risk of damage.

The Global Aircraft Lightning Protection Market is driven by consistent growth in aircraft production, coupled with substantial R&D efforts in lightning protection technologies, is expected to drive market growth. Moreover, the rising demand for low-cost carriers, the expansion of the air passenger segment, and the development of cost-effective solutions are significant growth drivers for the market. The proliferation of the tourism industry and the increasing demand for single-aisle aircraft and business jets are also key factors contributing to the market's expansion. However, the high cost associated with aircraft manufacturing setups for lightning protection remains a challenge for the industry, potentially hindering the market's growth to some extent.

The key regions considered for the market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America held the largest market share due to significant advancements in the aviation industry, particularly in aircraft production and defense sector investments. Furthermore, the Asia-Pacific region is expected to register the highest growth rate during the forecast period, driven by rapid infrastructure development, growing air passenger traffic, and increased demand for new aircraft.

Major market players included in this report are:

Honeywell International, Inc.
Saab
Cobham
Dayton-Granger, Inc.
TE Connectivity
Astrosela Products
Dexmet Corporation
L3 Aviation Products
Avidyne
All Weather, Inc.
Saywell
Protek Devices
Safran
Airbus Group
Boeing

The detailed segments and sub-segment of the market are explained below:

By Product:

Lightning Protection
Lightning Detection & Warning

By End-User:

Civil
Military

By Aircraft:

Commercial
Regional Jet
Business Jet
Helicopter
Military

By Fit:

Line-Fit
Retrofit

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
ROE

Asia Pacific:

China
India
Japan
Australia
South Korea
RoAPAC

Latin America:

Brazil
Mexico
RoLA

Middle East & Africa:

Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market

Chapter 1. Global Aircraft Lightning Protection Market Executive Summary

1.1. Global Aircraft Lightning Protection Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product
- 1.3.2. By End-User
- 1.3.3. By Aircraft
- 1.3.4. By Fit
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Aircraft Lightning Protection Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Aircraft Lightning Protection Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Aircraft Production and R&D for Lightning Protection
- 3.1.2. Growing Demand for Low-Cost Carriers and Development of Cost-Effective Solutions
- 3.1.3. Rising Air Passenger Traffic and Defense Aircraft
3.2. Market Challenges
- 3.2.1. High Cost Associated with Aircraft Manufacturing Setup for Lightning Protection
3.3. Market Opportunities
- 3.3.1. Expansion of Infrastructure Development
- 3.3.2. Proliferating Tourism Industry
- 3.3.3. Increasing Demand for Business Jets

Chapter 4. Global Aircraft Lightning Protection Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Aircraft Lightning Protection Market Size & Forecasts by Product 2022-2032

5.1. Segment Dashboard
5.2. Global Aircraft Lightning Protection Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Lightning Protection
- 5.2.2. Lightning Detection & Warning

Chapter 6. Global Aircraft Lightning Protection Market Size & Forecasts by End-User 2022-2032

6.1. Segment Dashboard
6.2. Global Aircraft Lightning Protection Market: End-User Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Civil
- 6.2.2. Military

Chapter 7. Global Aircraft Lightning Protection Market Size & Forecasts by Aircraft 2022-2032

7.1. Segment Dashboard
7.2. Global Aircraft Lightning Protection Market: Aircraft Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Commercial
- 7.2.2. Regional Jet
- 7.2.3. Business Jet
- 7.2.4. Helicopter
- 7.2.5. Military

Chapter 8. Global Aircraft Lightning Protection Market Size & Forecasts by Fit 2022-2032

8.1. Segment Dashboard
8.2. Global Aircraft Lightning Protection Market: Fit Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 8.2.1. Line-Fit
- 8.2.2. Retrofit

Chapter 9. Global Aircraft Lightning Protection Market Size & Forecasts by Region 2022-2032

9.1. North America Aircraft Lightning Protection Market
- 9.1.1. U.S. Aircraft Lightning Protection Market
  - 9.1.1.1. Product breakdown size & forecasts, 2022-2032
  - 9.1.1.2. End-User breakdown size & forecasts, 2022-2032
  - 9.1.1.3. Aircraft breakdown size & forecasts, 2022-2032
  - 9.1.1.4. Fit breakdown size & forecasts, 2022-2032
- 9.1.2. Canada Aircraft Lightning Protection Market
9.2. Europe Aircraft Lightning Protection Market
- 9.2.1. UK Aircraft Lightning Protection Market
- 9.2.2. Germany Aircraft Lightning Protection Market
- 9.2.3. France Aircraft Lightning Protection Market
- 9.2.4. Spain Aircraft Lightning Protection Market
- 9.2.5. Italy Aircraft Lightning Protection Market
- 9.2.6. Rest of Europe Aircraft Lightning Protection Market
9.3. Asia-Pacific Aircraft Lightning Protection Market
- 9.3.1. China Aircraft Lightning Protection Market
- 9.3.2. India Aircraft Lightning Protection Market
- 9.3.3. Japan Aircraft Lightning Protection Market
- 9.3.4. Australia Aircraft Lightning Protection Market
- 9.3.5. South Korea Aircraft Lightning Protection Market
- 9.3.6. Rest of Asia Pacific Aircraft Lightning Protection Market
9.4. Latin America Aircraft Lightning Protection Market
- 9.4.1. Brazil Aircraft Lightning Protection Market
- 9.4.2. Mexico Aircraft Lightning Protection Market
- 9.4.3. Rest of Latin America Aircraft Lightning Protection Market
9.5. Middle East & Africa Aircraft Lightning Protection Market
- 9.5.1. Saudi Arabia Aircraft Lightning Protection Market
- 9.5.2. South Africa Aircraft Lightning Protection Market
- 9.5.3. Rest of Middle East & Africa Aircraft Lightning Protection Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Honeywell International, Inc.
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Market Strategies
- 10.3.2. Saab
- 10.3.3. Cobham
- 10.3.4. Dayton-Granger, Inc.
- 10.3.5. TE Connectivity
- 10.3.6. Astrosela Products
- 10.3.7. Dexmet Corporation
- 10.3.8. L3 Aviation Products
- 10.3.9. Avidyne
- 10.3.10. All Weather, Inc.
- 10.3.11. Saywell
- 10.3.12. Protek Devices
- 10.3.13. Safran
- 10.3.14. Airbus Group
- 10.3.15. Boeing

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes