PUBLISHER: Lucintel | PRODUCT CODE: 1154047
PUBLISHER: Lucintel | PRODUCT CODE: 1154047
Aerospace LSP Market Trends and Forecast
The future of the global aerospace lightning strike protection market looks promising with opportunities in the commercial, regional, and military aircraft markets. The global aerospace lightning strike protection market is expected to grow with a CAGR of 3.7% from 2021 to 2027. The major drivers for this market are increasing penetration of composites in aircraft programs, growth in aircraft deliveries, and aviation regulations and certification standards regarding the use of Lightning Strike Protection (LSP) in aircraft.
Emerging Trends in the Aerospace LSP Market
Emerging trends, which have a direct impact on the dynamics of the industry, include development of light weight LSP materials, nano-enhanced lightning strike protection, and replacing metals structures with composites.
A total of 49 figures / charts and 42 tables are provided in this 131 page report to help in your business decisions. Sample figures with resultant insights are shown below. To learn the scope of, benefits, companies researched and other details of aerospace lightning strike protection market report download the report brochure.
Aerospace LSP Market by Segments
In this market, expanded foil is the largest product type market. The study includes a forecast for the global aerospace LSP market by type and region as follows:
Aerospace LSP Market by Type (Value ($ Million) and Volume ( Million sq. ft.) from 2016 to 2027):
Aerospace LSP Market by Region (Value ($ Million) and Volume (Million sq. ft.) from 2016 to 2027):
List of Aerospace LSP Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aerospace LSP companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aerospace LSP companies profiled in this report includes.
Aerospace LSP Market Insights
Features of the Global Aerospace Lightning Strike Protection Market
FAQ
Q1. What is the aerospace LSP market size?
Answer: The global aerospace LSP market is expected to reach an estimated $61.2 billion by 2027.
Q2. What is the growth forecast for aerospace LSP market?
Answer: The aerospace LSP market is expected to grow at a CAGR of 3.7% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the aerospace LSP market?
Answer: The major drivers for this market are increasing penetration of composites in aircraft programs, growth in aircraft deliveries, and aviation regulations and certification standards regarding the use of Lightning Strike Protection (LSP) in aircraft.
Q4. What are the major type or end use industries for aerospace LSP?
Answer: Expanded foil is the major segment by type for aerospace LSP.
Q5. What are the emerging trends in aerospace LSP market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include development of light weight LSP materials, nano-enhanced lightning strike protection, and replacing metals structures with composites
Q6. Who are the key aerospace LSP companies?
Answer: Some of the key aerospace LSP companies are as follows:
Q7. In aerospace LSP market, which region is expected to be the largest in next 5 years?
Answer: Europe will remain the largest region by value and by volume during the forecast period due to the highest number of aircraft delivery and production in this region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.