COVID-19 Epidemic Impact On Aircraft Lightning Protection Market Inflation During 2020-2027

• Aircraft lightning protections are employed to protect critical and non-critical electronic equipment and protect an aircraft from accident
• Lightning strikes can affect airline operations and cause costly delays and service interruptions
• Lightning protection is highly essential in aircraft, as it can protect several aircraft components such as electrically controlled power feeders, fuel valves, generators, and electric distribution systems from damage
• When lightning strikes the exterior of an aircraft, electricity travels from the point of impact to some other point without diversion or interruption caused to the interior of the aircraft if lightning protections are used

Rise in Demand for Aircraft Lightning Protection for Use in Military and Aerospace Industries

• Aircraft lightning protections are largely used in military and aerospace industries for protection of aircraft from lightning, which is considered a major factor driving the global aircraft lightning protection market
• Aircraft lightning protections are reliable and high-performance protection products that can withstand severe environmental conditions
• Moreover, increase in the number of orders for new aircraft to strengthen the defense sector of developing countries across the globe is expected to promote growth of the global market during the forecast period
• Furthermore, increase in the number of air passengers is expected to augment the global aviation industry as well as fuel the demand for lightning protections used in aircraft during the forecast period
• As a result of these factors, the demand for aircraft lightning protections for use in military and aerospace applications is increasing, which is expected to drive the global aircraft lightning protection market during the forecast period
• However, the existing backlog in the delivery of new aircraft by several prominent vendors is expected to hinder the global market from 2019 to 2027

For Right Perspective & Competitive Insights on Aircraft Lightning Protection Market, Request for a Sample

North America to Lead Global Aircraft Lightning Protection Market

• In terms of region, the global aircraft lightning protection market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
• North America is anticipated to dominate the global aircraft lightning protection market throughout the forecast period, as a large number of manufacturers of aircraft lightning protection products operate in the region
• The aircraft lightning protection market in Europe and Asia Pacific is expected to expand at a substantial rate during the forecast period. On the other hand, the market in Middle East & Africa and South America is estimated to expand at a moderate pace during the forecast period.

Key Players Operating in Global Aircraft Lightning Protection Market

The global aircraft lightning protection market was highly fragmented in 2018. Major players operating in the global market are focusing on technological advancements and expansions to meet the risen demand for aircraft lightning protection products. Moreover, manufacturers are entering into partnerships for the development of innovative products.

Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report

Key players operating in the global aircraft lightning protection market are:

• Astroseal Products Manufacturing Corp.
• Cobham plc
• Dayton-Granger, Inc.
• Dexmet Corporation
• Honeywell International Inc.
• L3Harris Technologies, Inc.
• Microsemi
• Protek Devices
• Saab AB
• TE Connectivity