Aerospace Lightning Strike Protection Market
Aerospace Lightning Strike Protection Market Forecasts to 2030 - Global Analysis By Product (Diverter Systems, Mesh & Grounding Systems, Bonding & Sealing Materials, Transient Voltage Suppression Devices (TVSs) and Other Products), Aircraft Type, Fit Type, Material Type, Application and By Geography
According to Stratistics MRC, the Global Aerospace Lightning Strike Protection Market is accounted for $3.2 billion in 2024 and is expected to reach $4.4 billion by 2030 growing at a CAGR of 5.5% during the forecast period. Aerospace lightning strike protection involves shielding aircraft from the potentially damaging effects of lightning strikes. Typically, this is achieved through a combination of design strategies and materials. Aircraft are constructed using conductive materials to allow lightning currents to flow safely through the structure without causing damage. Additionally, lightning diverter strips or conductive meshes are installed on the aircraft's surface to provide a path for the lightning to follow, preventing it from causing harm to critical systems.
According to IATA, in 2023, the overall traffic volume, measured in revenue passenger kilometers (RPKs), surged by 36.9% compared to the previous year. On a global scale, the total traffic for the full year of 2023 reached 94.1% of the pre-pandemic levels observed in 2019.
Market Dynamics:
Driver:
Increasing emphasis on passenger safety
The increasing emphasis on passenger safety drives demand for robust aerospace lightning strike protection systems. As passengers prioritize safety in their travel decisions, airlines and aircraft manufacturers prioritize the integration of advanced lightning protection technologies to ensure the safety and well-being of passengers and crew. This heightened focus on safety standards and regulations mandates the implementation of effective lightning protection measures, stimulating market growth.
Restraint:
High costs of development and certification
The high costs of development and certification in the aerospace lightning strike protection market present significant challenges for manufacturers and suppliers. These costs include research and development expenses, testing, certification processes, and compliance with stringent aviation regulations. High upfront investment requirements can deter smaller players from entering the market, leading to limited competition and innovation. Moreover, extended certification timelines and unexpected regulatory hurdles can delay product launches and increase time-to-market, negatively impacting revenue streams.
Opportunity:
Need to protect aircraft systems from disruptions
Lightning strikes pose a significant threat to critical onboard systems, including avionics, navigation equipment, and electronic controls, potentially leading to flight disruptions, system failures, and safety risks. Consequently, aircraft manufacturers and operators prioritize the installation of robust lightning protection systems to safeguard against such disruptions, ensuring uninterrupted flight operations and passenger safety. This heightened need for effective protection solutions stimulates market growth.
Threat:
Integration challenges with composite materials
Unlike traditional metallic structures, composites pose unique engineering and compatibility issues for lightning protection systems. Ensuring effective grounding and conductivity in composite structures requires innovative solutions, adding complexity and cost to the integration process. Moreover, the lack of standardized methods and regulations for lightning protection in composites complicates certification and approval processes. These challenges hinder the widespread adoption of lightning protection technologies in composite-intensive aircraft, limiting market penetration
Covid-19 Impact
Supply chain disruptions delayed production and delivery of lightning protection systems, while reduced air travel demand led to decreased orders and lower revenue for manufacturers. Financial constraints on airlines and operators resulted in budget cuts, potentially affecting maintenance and upgrades of lightning protection systems. Despite government support measures, the pandemic's overall effect on the aerospace lightning strike protection market was characterized by decreased demand, delayed projects, and financial strain
The mesh & grounding systems segment is expected to be the largest during the forecast period
The mesh & grounding systems segment is estimated to have a lucrative growth, due to ongoing advancements in materials science, engineering, and aerospace technology contribute to the development of more efficient mesh and grounding systems. Innovations such as lightweight materials, advanced conductive coatings, and integrated lightning protection designs improve the performance and reliability of these systems, driving market innovation and competition.
The general aviation aircraft segment is expected to have the highest CAGR during the forecast period
The general aviation aircraft segment is anticipated to witness the highest CAGR growth during the forecast period, as general aviation aircraft constitute a significant portion of the overall aerospace market, albeit smaller in scale compared to commercial and military sectors. While they may not individually drive large-scale demand for lightning protection systems, collectively, the volume of general aviation aircraft contributes to market growth.
Region with largest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to the many countries in the Asia Pacific region are modernizing their military aircraft fleets to enhance their defense capabilities. Lightning protection is crucial for military aircraft equipped with advanced avionics, communications, and weapon systems, driving the demand for specialized lightning protection solutions.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period, owing to North America which has one of the busiest airspaces globally, with a vast network of commercial airlines, cargo operators, and private aviation. The need to ensure the safety and reliability of aircraft in such a busy airspace drives the demand for robust lightning protection solutions. Moreover, the region's defense sector invests significantly in modernizing military aircraft fleets to maintain superiority and readiness. Lightning protection is crucial for military aircraft, considering their advanced electronic systems and operational requirements.
Key players in the market
Some of the key players in the Aerospace Lightning Strike Protection Market include Airbus Group, Astronics Corporation, Cirrus Aircraft, Cobham, Esterline Technologies Corporation, Glenair, Inc, Harger Lightning & Grounding, Henkel AG & Co. KGaA, Honeywell International Inc., L3Harris Technologies, Orion Lightning Protection, Parker Hannifin Corporation, Saab, Scapa Group, Stellar Solutions, TE Connectivity, The Boeing Company and Westell Technologies, Inc
Key Developments:
In May 2024, Airbus has finalised the acquisition of U.S.-based Aerovel and its unmanned aerial system (UAS), Flexrotor, in a move to strengthen its portfolio of tactical unmanned solutions. Flexrotor is a small tactical unmanned aerial system designed for intelligence, surveillance, target acquisition and reconnaissance (ISTAR) missions at sea and over land.
In May 2024, Brunei orders six H145M helicopters. The H145M is well regarded for its high performance and versatility, and we are confident that it will bring a step change in operational readiness to Brunei.
In March 2024, Astronics Corporation Launches Next Generation Typhon T-400 Ku SATCOM System. The Typhon T-400 Series is designed to seamlessly operate on any GEO-based Ku Satellite network, effectively addressing challenges associated with the high cost of equipping an aircraft with SATCOM connectivity.
Products Covered:
• Diverter Systems
• Mesh & Grounding Systems
• Bonding & Sealing Materials
• Transient Voltage Suppression Devices (TVSs)
• Other Products
Aircraft Types Covered:
• Commercial Aircraft
• Military Aircraft
• General Aviation Aircraft
• Unmanned Aerial Vehicles (UAVs)
• Business Jets
Fit Types Covered:
• Internal Fit
• External Fit
Material Types Covered:
• Metal Conductors
• Composite Materials
• Hybrid Solutions
• Other Material Types
Applications Covered:
• Lightning Protection
• Lightning Detection & Warning
• Test Services
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o 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 2022, 2023, 2024, 2026, and 2030
- 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
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Aerospace Lightning Strike Protection Market, By Product
5.1 Introduction
5.2 Diverter Systems
5.3 Mesh & Grounding Systems
5.4 Bonding & Sealing Materials
5.5 Transient Voltage Suppression Devices (TVSs)
5.6 Other Products
6 Global Aerospace Lightning Strike Protection Market, By Aircraft Type
6.1 Introduction
6.2 Commercial Aircraft
6.3 Military Aircraft
6.4 General Aviation Aircraft
6.5 Unmanned Aerial Vehicles (UAVs)
6.6 Business Jets
7 Global Aerospace Lightning Strike Protection Market, By Fit Type
7.1 Introduction
7.2 Internal Fit
7.3 External Fit
8 Global Aerospace Lightning Strike Protection Market, By Material Type
8.1 Introduction
8.2 Metal Conductors
8.3 Composite Materials
8.4 Hybrid Solutions
8.5 Other Material Types
9 Global Aerospace Lightning Strike Protection Market, By Application
9.1 Introduction
9.2 Lightning Protection
9.2.1 Expanded Metal Foils
9.2.2 Static Wicks
9.3 Lightning Detection & Warning
9.3.1 Onboard Weather Radar Systems
9.3.2 Ground-based Lightning Detection Networks
9.4 Test Services
9.5 Other Applications
10 Global Aerospace Lightning Strike Protection Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Airbus Group
12.2 Astronics Corporation
12.3 Cirrus Aircraft
12.4 Cobham
12.5 Esterline Technologies Corporation
12.6 Glenair, Inc
12.7 Harger Lightning & Grounding
12.8 Henkel AG & Co. KGaA
12.9 Honeywell International Inc.
12.10 L3Harris Technologies
12.11 Orion Lightning Protection
12.12 Parker Hannifin Corporation
12.13 Saab
12.14 Scapa Group
12.15 Stellar Solutions
12.16 TE Connectivity
12.17 The Boeing Company
12.18 Westell Technologies, Inc
List of Tables
1 Global Aerospace Lightning Strike Protection Market Outlook, By Region (2022-2030) ($MN)
2 Global Aerospace Lightning Strike Protection Market Outlook, By Product (2022-2030) ($MN)
3 Global Aerospace Lightning Strike Protection Market Outlook, By Diverter Systems (2022-2030) ($MN)
4 Global Aerospace Lightning Strike Protection Market Outlook, By Mesh & Grounding Systems (2022-2030) ($MN)
5 Global Aerospace Lightning Strike Protection Market Outlook, By Bonding & Sealing Materials (2022-2030) ($MN)
6 Global Aerospace Lightning Strike Protection Market Outlook, By Transient Voltage Suppression Devices (TVSs) (2022-2030) ($MN)
7 Global Aerospace Lightning Strike Protection Market Outlook, By Other Products (2022-2030) ($MN)
8 Global Aerospace Lightning Strike Protection Market Outlook, By Aircraft Type (2022-2030) ($MN)
9 Global Aerospace Lightning Strike Protection Market Outlook, By Commercial Aircraft (2022-2030) ($MN)
10 Global Aerospace Lightning Strike Protection Market Outlook, By Military Aircraft (2022-2030) ($MN)
11 Global Aerospace Lightning Strike Protection Market Outlook, By General Aviation Aircraft (2022-2030) ($MN)
12 Global Aerospace Lightning Strike Protection Market Outlook, By Unmanned Aerial Vehicles (UAVs) (2022-2030) ($MN)
13 Global Aerospace Lightning Strike Protection Market Outlook, By Business Jets (2022-2030) ($MN)
14 Global Aerospace Lightning Strike Protection Market Outlook, By Fit Type (2022-2030) ($MN)
15 Global Aerospace Lightning Strike Protection Market Outlook, By Internal Fit (2022-2030) ($MN)
16 Global Aerospace Lightning Strike Protection Market Outlook, By External Fit (2022-2030) ($MN)
17 Global Aerospace Lightning Strike Protection Market Outlook, By Material Type (2022-2030) ($MN)
18 Global Aerospace Lightning Strike Protection Market Outlook, By Metal Conductors (2022-2030) ($MN)
19 Global Aerospace Lightning Strike Protection Market Outlook, By Composite Materials (2022-2030) ($MN)
20 Global Aerospace Lightning Strike Protection Market Outlook, By Hybrid Solutions (2022-2030) ($MN)
21 Global Aerospace Lightning Strike Protection Market Outlook, By Other Material Types (2022-2030) ($MN)
22 Global Aerospace Lightning Strike Protection Market Outlook, By Application (2022-2030) ($MN)
23 Global Aerospace Lightning Strike Protection Market Outlook, By Lightning Protection (2022-2030) ($MN)
24 Global Aerospace Lightning Strike Protection Market Outlook, By Expanded Metal Foils (2022-2030) ($MN)
25 Global Aerospace Lightning Strike Protection Market Outlook, By Static Wicks (2022-2030) ($MN)
26 Global Aerospace Lightning Strike Protection Market Outlook, By Lightning Detection & Warning (2022-2030) ($MN)
27 Global Aerospace Lightning Strike Protection Market Outlook, By Onboard Weather Radar Systems (2022-2030) ($MN)
28 Global Aerospace Lightning Strike Protection Market Outlook, By Ground-based Lightning Detection Networks (2022-2030) ($MN)
29 Global Aerospace Lightning Strike Protection Market Outlook, By Test Services (2022-2030) ($MN)
30 Global Aerospace Lightning Strike Protection Market Outlook, By Other Applications (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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