Aircraft Lightning Protection Market 2022: Report Analysis

Aircraft Lightning Protection Market Forecast

The Global Aircraft Lightning Protection Market Report by Trade Research Company identifies that profitable air transportation is expected to be a major growth driver for the Aircraft Lightning Protection Market. With the increasing profitability of flying, more and more consumers are choosing to travel often. This leads to an increase in aircraft manufacturing, ultimately propelling the growth of the aircraft lightning protection market. For example, in 2021, Frontier Airlines ran a “buy one, get one” promotion. JetBlue Airways held a three-day sale with fares starting at $49 one-way from New York. Additionally, Hawaiian Airlines offers round-trip airfare between Hawaii and the West Coast for as little as $123. Thus, the demand for profitable air travel is expected to drive the growth of the aircraft lightning protection market.

The global aircraft lightning protection market is expected to grow from $3.79 billion in 2021 to $4.08 billion in 2022 at a compound annual growth rate (CAGR) of 7.52%. The global aircraft lightning protection market is expected to reach USD 5.70 billion in 2026 at a compound annual growth rate (CAGR) of 8.73%.

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North America was the largest region in the aircraft lightning protection market in 2021 and is also expected to be the fastest growing region in the global aircraft lightning protection market during the period forecast. Regions covered in the Aircraft Lightning Protection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Major Players of Aircraft Lightning Protection Market include Dayton-Granger, L3 Technologies, Astroseal Products, Dexmet, Pinnacle Lightning Protection, LLC, PPG Engineered Materials, TE Connectivity, National Technical Systems, Parker Hannifin Corp., Microsemi, Protek Devices, All Weather, Inc., AEF Solutions, EFLA Oy and Astronics Corporation.

Global Aircraft Lightning Protection Market is Segmented –
1) By application: lightning protection, lightning detection and warning, static wicks, expanded metal foils, transient voltage suppressors, testing service

2) By adjustment: line adjustment, renovation

3) By aircraft type: fixed wing, rotary wing, unmanned aerial vehicles (UAV)

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Aircraft Lightning Protection Market report content includes
1. Summary
2. Aircraft Lightning Protection Market Features
3. Aircraft Lightning Protection Market Trends and Strategies
4. Impact of COVID-19 on Aircraft Lightning Protection
5. Aircraft Lightning Protection Market Size and Growth
….
26. Africa Aircraft Lightning Protection Market
27. Aircraft Lightning Protection Market Competitive Landscape and Company Profiles
28. Major Mergers and Acquisitions in the Aircraft Lightning Protection Market
29. Aircraft Lightning Protection Market Future Outlook and Potential Analysis
30. Annex

This report covers market trends and dynamics of the Aircraft Lightning Protection market in major countries – Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and United States. The report also includes consumer surveys and various future opportunities for the market.

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Robert M. Larson