Aircraft Lightning Protection Market Forecasts to 2028 - Global Analysis By Type (Rotary Wing, Fixed Wing, UAV, & Other Types), Fit (Retrofit, Line-Fit & Others), Aircraft, Product, Application, End User and By Geography

According to Stratistics MRC, the Global Aircraft Lightning Protection Market is accounted for $3.58 billion in 2022 and is expected to reach $4.83 billion by 2028 growing at a CAGR of 5.11% during the forecast period. Aircraft lightning protection system prevents the electric field concentration on aircraft by software programmes and devices that are outfitted with lightning protection components. The integration of aircraft lightning protection systems has been prompted by the manufacturers due to the deteriorating harshness of the climatic conditions and rising growth in air passenger traffic. The Lightning Detection Networks (LDN) monitors thunderstorm development, intensity and movements. The metal skin offers the aircraft its basic protection, while controlling the entrance of electromagnetic energy into the electrical wires of the airplane, keeping it at a sustained level without damaging the aircraft.

According to the International Air Transport Association (IATA), the number of air passengers will be nearly eight billion by 2036, which is nearly double of the estimated four billion air travelers in 2018.

Market Dynamics:

Driver:

Opting advanced features

Advanced features such as detection and warning description are now being incorporated by makers of aircraft lightning protection systems. For effective detection and warning, they are using metal foils, static wicks, grounding wires and voltage suppressors. Advanced sensor systems are also being integrated for early detection and warning. Hence, these elements and continuous industry research are providing lucrative growth to the market.

Restraint:

Chance of corrosion

Lightning protection system elements need to be selected from materials which are resistant to corrosion and should be protected from fast degradation. Materials used in lightning protection applications are highly conductive and abundantly available. Corrosive effects on components are influenced by the environmental factors such as moisture, soil type and temperature that make the corrosion process highly complex in soil. These elements are hampering the growth of the market.

Opportunity:

Growing investments in R&D

The industry for aviation lightning protection is expanding as a result of the rising R&D spending as well as the market's improved technology. To increase production, the industrialised nations are improving their aircraft combat and transport capacities. Therefore, these factors are anticipated to accelerate the industry's overall expansion.

Threat:

High cost for extensive repairs

Even with the lighting protection, lightning strikes can affect airline operations and cause costly delays and service interruptions. The result can range from no damage to serious damage that requires extensive repairs that can take the airplane out of service for an extended period of time. Proper damage inspection and effective maintenance actions must be taken quickly. All such elements hinder the market growth.

COVID-19 Impact

The pandemic has reduced the production rates of several industries, which includes the production operations regarding aircraft. It has resulted in a number of supply chain and workflow problems. Flight cancellations and a total closure had a negative impact on revenue processes, resulting in significant financial losses. Such elements have had a detrimental impact on the market's expansion for aviation lightning protection.

The transient voltage suppressors segment is expected to be the largest during the forecast period

The transient voltage suppressors segment is estimated to have a lucrative growth, due to rising requirement for aircraft protection. The sudden or momentary over voltage conditions requires active protection systems. Transient voltage suppressors offer protection in nanoseconds by clamping the transient voltage. It protects critical applications associated with multiple engine control units, flight control systems and actuator controls and maintains airworthiness which is further fuelling the segment's growth.

The lighting protection segment is expected to have the highest CAGR during the forecast period

The lighting protection segment is anticipated to witness the fastest CAGR growth during the forecast period, due to frequent lighting strikes. These strikes cause severe damages to civil aircraft. The lighting protection segment offers improved protection from lighting strikes by coating and covering aircraft composite parts with expanded foils and wire meshes. It incorporates cutting edge safety features within aircraft which is driving the segment's growth.

Region with largest share:

North America is projected to hold the largest market share during the forecast period owing to the presence of major key players. Due to the growing consumer demand, the manufacturers are making technological advancements such as lowering system weight and heavy utilization of composite materials which are prompting regular updates on regulations and raising the demand. The high safety regulations maintained in this region are propelling the market demand.

Region with highest CAGR:

Asia Pacific is projected to have the highest CAGR over the forecast period, owing to the initiatives taken by the government to increase manufacturing in the emerging economies. This region is expected to offer substantial growth opportunities during the forecast period. The growing aviation industry, rising air passenger traffic and ameliorating economic conditions in the region are driving the market growth.

Key players in the market

Some of the key players profiled in the Aircraft Lightning Protection Market include: Honeywell International Inc, Avidyne, Dexmet Corporation, TE Connectivity, Cobham, All Weather, Inc, Saab, L3 Harris, Astroseal Products, Dayton-Granger, Inc, Exel Group, Cooper Antennas, Protek Devices, Niles Expanded Metals, Saywell, Detect Inc, The Expanded Metal Company, Benmetal, Microchip Technology Inc and The Gill Corporation

Key Developments:

In December 2022, Spirit Airlines announced a partnership with L3Harris to launch the new Spirit Wings Pilot Pathway, a partnership program in Sanford, Florida, that aims to expand the carrier's pipeline of highly skilled, professional pilots.

In June 2022, Honeywell Connected Enterprise launched new Honeywell Forge Connected Warehouse offering, which brings a scalable and cloud-based solution to help distribution centers accelerate their productivity, predictability, and transformation strategies.

In April 2022, The Swedish Defence Material Administration (FMV) has signed a contract with Saab to provide a new Gripen launch system. The total value of the contract is estimated to be $40m (Skr400m) and was placed during the first quarter of 2022. Besides, the contract includes additional options for ordering the next launcher systems in the series. The new order will see the development and integration of a new launch system for countermeasure pods and air-to-air missiles on the Gripen C/D and Gripen E jets.

Types Covered:

• Rotary Wing
• Fixed Wing
• Unmanned Aerial Vehicles
• Other Types

Fits Covered:

• Retrofit
• Line-Fit
• Other Fits

Aircrafts Covered:

• Business Jet
• Helicopter
• Regional Jet
• Commercial Aircraft
• Military Aircraft
• Other Aircrafts

Products Covered:

• Expanded Metal Foil
• Grounding Wires
• Transient Voltage Suppressors
• Static Wicks
• Other Products

Applications Covered:

• Test Service
• Lighting Protection
• Lighting Detection Warning
• Other Applications

End Users Covered:

• Military
• Civil
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances