Aircraft Lightning Protection Market 2021 Industry Trends, Share and Size, Complete Data Analysis across the Region and Globe, Opportunities and Growth Forecast 2030

In a recent published report, Kenneth Research has updated the market report for Aircraft Lightning Protection Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Aircraft Lightning Protection Market products.

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Moreover, the median health expenditure per capita recorded in the high-income, upper-middle income, and low & lower-middle income countries, recorded to be over USD 2,000, USD 400, and USD 100 respectively. Additionally, in the same year, the spending on health in high-income countries and in the low- and middle-income countries comprised approximately 8.2% and 6.3% of the GDP respectively.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Global Aircraft Lightning Protection Market is estimated to reach $7.04 billion by 2025; growing at a CAGR of 6.4% from 2017 to 2025. Aircraft lightning protection on airplanes is used to avoid delays and interruptions as well as reduce the significance of the strike. Lightning attaches to entry and exit points almost simultaneously, and most commonly strikes the nose, wingtips, engine cowlings, and tip of the vertical tail. Increasing adoption of composite structures in aircraft program is the primary factor to boost the global aircraft lightning market. Moreover, high acceptance from military, regional, and commercial aircrafts manufacturers due to aircraft protection, emergence of new aircraft manufacturers in Asia-Pacific region, and aviation guidelines and authorization standards about the use of Lightning Strike Protection (LSP) in aircraft is expected to generate numerous growth opportunities for the market in the coming years.

The global aircraft lightning protection market is segmented on the basis of aircraft type, fit, application, end-user, and geography. The aircraft type is sub-segmented into fixed-wing aircraft, rotary-wing aircraft, and unmanned aerial vehicles. The fixed-wing aircraft segment is further sub-segmented into narrow body aircraft, wide body aircraft, business aircraft, very large aircraft, regional transport aircraft, fighter aircraft, light aircraft, military transport aircraft, and fighter jets. Rotary-wing aircraft is further divided into military helicopters, and civil helicopters. Linefit, and retrofit are the segmentations of fit segment. Application segment includes lightning detection & warning, lightning protection (expanded metal foils, static wicks, transient voltage suppressors), and test service. Furthermore, military, and civil are the bifurcations of end-user.

Based on geography, the global aircraft lightning protection market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe consists of UK, Russia, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.

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The key players operating in the market are LORD Corporation, Henkel AG & Co. KGaA, Arconic, Wallner tooling/EXPAC, Lighting Diversion System, Astroseal Products Manufacturing Corp., Hollingsworth & Vose Company, Dexmet Corporation, GKD – GEBR. Kufferath AG, and Niles Expanded Metals & Plastic among others.

The key takeaways from the report
The report will provide detailed analysis of Global Aircraft Lightning Protection Market with respect to major segments such as aircraft type, fit, application, and end-user

The report will include the qualitative and quantitative analysis with market estimation over 2016 – 2025 and compound annual growth rate (CAGR) between 2017 and 2025

Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report

An exhaustive regional analysis of Global Aircraft Lightning Protection Market has been included in the report

Profile of the key players in the Global Aircraft Lightning Protection Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of Global Aircraft Lightning Protection Market
Aircraft Type Segments

Fixed-Wing Aircraft
Narrow Body Aircraft
Wide Body Aircraft
Business Aircraft
Very Large Aircraft
Regional Transport Aircraft
Fighter Aircraft
Light Aircraft
Military Transport Aircraft
Fighter Jets
Rotary-Wing Aircraft
Military Helicopters
Civil Helicopters
Unmanned Aerial Vehicles
Fit Segments

Application Segments

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Lightning Detection & Warning
Lightning Protection
Expanded Metal Foils
Static Wicks
Transient Voltage Suppressors
Test Service
End-User Segments

Geographical Segments

North America
Rest of Europe
South Korea
Rest of Asia-Pacific
South America
Middle East

Table of Contents
Chapter 1 Prefix
1.1 Market Scope
1.2 Report Description
1.3 Research Methodology
1.3.1 Primary Research
1.3.2 Secondary Research
1.3.3 In-house Data Modeling
Chapter 2 Executive Summary
2.1 Global Aircraft Lightning Protection Market Year-on-Year Growth, 2017 – 2025 (%)
Chapter 3 Market Outline
3.1 Market Inclination, Trend, Outlook and Viewpoint
3.2 Market Share Analysis: Company’s Competitive Scenario
3.3 Market Dynamics
3.3.1 Drivers Impact Analysis
3.3.2 Restraints Impact Analysis
3.3.3 Opportunities

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