Global Aircraft Lightning Protection Market Share Is Expected To Grow At A CAGR Of 3.21% By 2030

05-Jan-2023 | Facts and Factors

According to Facts and Factors, the global aircraft lightning protection market size was worth around USD 3.1 billion in 2021 and is predicted to grow to around USD 8.3 billion by 2030 with a compound annual growth rate (CAGR) of roughly 3.21% between 2022 and 2030.

Lightning is one of the most common natural occurrences observed across the globe. On average, lightning is estimated to occur around 100 times per second worldwide. Aircraft, since they fly close to the clouds, are most prone to getting struck by lightning, and hence it is critical to deploy methods, systems, or means of restricting the effects of lightning only at the outer surface and passing on through the skin of the aircraft without affective functioning on the plane.

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Browse the full “Aircraft Lightning Protection Market Size, Share, Growth Analysis Report By End-User (Military and Commercial), By Application Type (Lightning Detection & Warning, Test Service, and Lightning Protection), By Aircraft Type (Rotary-Wing Aircraft, Fixed-Wing Aircraft, and Unmanned Aerial Vehicles), By Fit Type (Retrofit and Linefit), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2030" report at https://www.fnfresearch.com/aircraft-lightning-protection-market

Some of the best methods of restricting the lightning impact are either making use of lesser conductive materials like composites or using cushioning systems. Other methods include the use of ground straps, wire bundle shields, wire mesh, embedded metallic wire, coated glass fabric, bonded aluminum foil, and metallic picture frames. Most predominantly used methods of lightning protection make the electricity thus produced attach itself to the wing tip or nose of the aircraft. When the plane flies through the lightning flash, lightning attaches itself to the fuselage at different locations while the plane remains in the electrical circuit between regions in the cloud with opposite polarity. The current then passes through the outer skin of the aircraft and exits from the other end of the plane like the tail.

The global aircraft lightning protection market is projected to grow owing to the increasing efforts undertaken by aircraft manufacturers to provide the best quality of flights either for commercial or military purposes. As the number of players in the market has increased considerably, so has the competition. With industrialization and growing job opportunities, the number of passengers preferring airways for travel purposes has increased considerably, further encouraged by the growing standard of living and disposable income. This has resulted in an increased demand for commercial flights as flyers have more options to choose from. Some of the companies offer extremely affordable tickets further allowing more consumers to shift toward airways. As per a recent report, around 1.39 billion passengers traveled via air in 2019 especially directly toward low-cost carriers. Every aircraft is mandated to use some form of aircraft lightning protection. Depending on the budget of the airlines they may either choose to buy aircraft built using composite materials, which are generally expensive or use advanced systems that alert the authorities about incoming lightning strikes.

A major challenge the market players face when dealing with aircraft lightning protection is the amount of time and other resources invested in getting the systems and technologies installed correctly. These protection systems require skilled professionals because even a small error can cause irreparable damage and loss of lives and money. Only professionals that hold the right certificate obtained after undergoing rigorous training can work on the protection methods. Since there is a lack of necessary infrastructure in developing economies, global market growth may be restricted.

The growing investment in military-grade aircraft may provide excellent growth opportunities while complexities associated with the use of lightning protection are expected to challenge market penetration.

Segmental Overview

The global aircraft lightning protection market is segmented based on end-user, application type, aircraft type, fit type, and region.

Based on application type, the global market divisions are lightning detection & warning, test service, and lightning protection. The global market may witness the highest growth in the lightning protection segment owing to the growing research & development for the innovation of new methods of providing protection against lightning. However, the lightning detection & warning system may also register a high CAGR. These systems use advanced technology to send alerts. For instance, the LSZ-860 lightning sensor system (LSS) can effectively detect any lightning activity within a radius of 200 nautical miles around an aircraft.

Based on fit type, the global market divisions are retrofit and linefit. The latter is expected to grow at the highest CAGR as the demand for partially or completely installed aircraft has increased over the years. Linefit aircraft are more costly and take less time before being used directly for flight purposes. The price of linefit falls on the expensive side and the average cost of an airplane is around USD 300 million.

Regional Overview

North America is anticipated to lead the global aircraft lightning protection market owing to the presence of a large number of players. Asia-Pacific is projected to register a high CAGR due to the growing commercial airline segment of India, China, Japan, and Singapore. The governments have increased spending on their air force to maintain strongholds in the current political turmoil further pushing the regional market growth. As the population and standard of living of the population in these areas grow, air traffic is projected to grow significantly driving the demand for more commercial flights. The presence of multiple economic carriers originating from these countries and providing services across the world is another encouraging factor.

Report Scope

Report Attribute

Details

Market Size in 2021

USD 3.1 Billion

Projected Market Size in 2030

USD 8.3 Billion

CAGR Growth Rate

3.21% CAGR

Base Year

2021

Forecast Years

2022-2030

Key Market Players

Dexmet Corporation, Cobham plc, Dayton-Granger, Honeywell International, Pinnacle Lightning Protection, and others.

Key Segment

By End-User, Application Type, Aircraft Type, Fit Type, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa

Purchase Options

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Competitive Analysis

The global aircraft lightning protection market is led by players like Dexmet Corporation, Cobham plc, Dayton-Granger, Honeywell International, and Pinnacle Lightning Protection.

Recent Developments:

  • In December 2021, The European Union Aviation Safety Agency (EASA) issued new guidelines against lightning protection for 13 jets
  • In March 2022, NIAR and Solvay announced a partnership for future projects including lightning strike protection, especially in aircraft made of composites

The global aircraft lightning protection market is segmented as follows:

By End-User 

  • Military
  • Commercial

By Application Type 

  • Lightning Detection & Warning
  • Test Service
  • Lightning Protection

By Aircraft Type 

  • Rotary-Wing Aircraft
  • Fixed-Wing Aircraft
  • Unmanned Aerial Vehicles

By Fit Type 

  • Retrofit
  • Linefit

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

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