DUBLIN--(BUSINESS WIRE)--The "Aircraft Lightning Protection Market by Application (Test Service, Lightning Detection & Warning, Lightning Protection), Aircraft Type (Fixed-wing, Rotary-wing, UAVs), End User, Fit (Linefit, Retrofit), Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The aircraft lightning protection market is projected to grow from USD 4.10 billion in 2017 to USD 5.52 billion by 2022, at a CAGR of 6.13% between 2017 and 2022. The increase in the number of orders for new aircraft across the globe is one of the key factors driving the growth of the aircraft lightning protection market.
Based on application, the testing service segment is estimated to lead the aircraft lightning protection market in 2017. The testing of aircraft becomes crucial to determine manufacturing defects in aircraft and their components. The testing procedure involves inspection of fuel tanks, avionics, antennas, radomes, and other components of aircraft. It allows aircraft manufacturers to rectify errors and upgrade equipment to ensure safe aircraft operations.
Based on end user, the civil segment is estimated to lead the aircraft lightning protection market in 2017. The civil aviation industry has been witnessing growth over the past few years, owing to increase in air travel and rise in disposable income of the middle-class population. Increase in demand for passenger and cargo flights is one of the most significant factors projected to drive the demand for aircraft lightning protection devices. North America is expected to lead the aircraft lightning protection market in 2017.
- Honeywell International
- L3 Technologies
- Microsemi Corporation
- TE Connectivity
- Dexmet Corporation
- Astroseal Products Manufacturing Corporation (Astrostrike)
- Pinnacle Lightning Protection
- National Technical Systems (NTP)
- Lord Corporation
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Aircraft Lightning Protection Market, By Application
8 Aircraft Lightning Protection Market, By End User
9 Aircraft Lightning Protection Market, By Aircraft Type
10 Aircraft Lightning Protection Market, By Fit
11 Aircraft Lightning Protection Market, By Region
12 Competitive Landscape
13 Company Profiles
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