Aircraft Lightning Protection Market

Aircraft Lightning Protection Market Outlook – 2027

Lightning protection is highly essential in aircraft as a lack of lightning protection material can damage several components such as generators, fuel valves, electronically controlled power feeders, and electrical distribution systems. Aircraft under lightning protection generally allows the current to stream through the membrane without any interruption to the interiors of the plane. This is achieved by lightning protection products in the aircraft as the thickness of the metal surface is sufficient to protect the internal spaces of the airplane from a lightning strike. In addition, the metal skin prohibits the entrance of electromagnetic energy into the electrical wires of the airplane. These lightning protection products avoid delays, interruptions, and reduce strike significance. 

COVID-19 Scenario Analysis: 

• The production for the aircraft lightning protection market is anticipated to be more agile after the end of COVID-19.
• The supply chain disruption is expected to affect the future growth of the companies due to lockdown.
• The revenue is not being generated for the companies due to the ongoing pandemic resulting in the cancellation of flights, which will result in major losses across the year.
• Companies have to deal on a significant margin basis to revive the market.
• A huge monetary loss has been accounted for in the revenue generation of the aircraft lightning protection companies due to the lockdown.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

There is an increase in the consumer spending on travel and tourism, ultimately creating a positive influence on the passengers for air travel. In addition, cost-effective air travel is expected to boost the growth of the aviation industry but also to increase the demand for aircraft lightning protection materials. Moreover, the ability of lightning protection systems to detect and warn the strikes is intriguing the aircraft manufacturers to integrate such systems as a safety measure in the aircraft. In addition, constant improvement in technology allows the aviation industry to regularly upgrade their aircraft models, thus proliferating the growth of the aircraft lightning protection market. 

The global aircraft lightning protection market trends are as follows:

Surge in consumer spending to boost the market demand

Rise in consumer spending fuels the growth of the aircraft lightning protection market. The end users can be bifurcated into civil and military applications. The rise in disposable income of the middle-class population is anticipated to boost air travel, therefore developing the need to integrate aircraft lightning protection systems. In addition, the rise in military expenditure for upgrading their equipment range is creating a potential market for the same. Furthermore, widening channels of cargo shipping is proliferating the security demands for such aircraft carrying heavy load material. 

Detection & warning features to proliferate growth 

Aircraft manufacturers use lightning protection material that not only improve the conductivity of the aircraft but maintain passenger safety during the strike. Aircraft manufacturers usually use expanded metal foils, transit voltage suppressors, and static wicks/grounding wires for lightning detection & warning. Moreover, the market also offers features such as lightning detection & warning is expected to boost the market demand. The trend of installation of sensor systems in aircraft has gradually gained popularity over the recent years, boosting the growth of the market for detection & warning in aircraft lightning protection material. The detection & warning systems are oriented to sense electrical discharge movements that are not traceable on the radar and helps in detecting harsh weather ahead of flight course.

Key Benefits of the Report:

• This study presents the analytical depiction of the global aircraft lightning protection industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global aircraft lightning protection market share.
• The current market is quantitatively analyzed to highlight the global aircraft lightning protection market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
• The report provides a detailed global aircraft lightning protection market analysis based on competitive intensity and how the competition will take shape in the coming years. 

Questions Answered in the Aircraft lightning protection Market Research Report:

• What are the leading market players active in the aircraft lightning protection market?
• What the current trends will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What future projections would help in taking further strategic steps?

 Aircraft Lightning Protection Market Report Highlights