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Aerospace Lightning Strike Protection Market Size, Industry Outlook Report, Regional Analysis, Application Development, Price Trends, Competitive Market Share & Forecast, 2024 – 2032

Published Date: July - 2024 | Publisher: MRA | No of Pages: 240 | Industry: Aerospace | Format: Report available in PDF / Excel Format

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Aerospace Lightning Strike Protection Market Size, Industry Outlook Report, Regional Analysis, Application Development, Price Trends, Competitive Market Share & Forecast, 2024 – 2032

Aerospace Lightning Strike Protection Market Size

As of recent reports (2022-2023), the global aerospace lightning strike protection market is estimated to be valued at USD 1.5 billion to USD 2 billion. The market is projected to grow at a Compound Annual Growth Rate (CAGR) of 6-8% from 2023 to 2030. This growth is driven by increasing air traffic, advancements in aerospace materials, and stringent safety regulations.

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Aerospace Lightning Strike Protection Market size is projected to experience a healthy growth during 2023to 2030 driven by the rising need to improve the safety features of airplanes.

In 2023, the number of people flying around the world skyrocketed by over 36% compared to the year before, according to an organization called IATA. This means that almost as many people were traveling by plane as before the pandemic hit in 2019. More and more people want to travel by air because they have more money to spend and want to visit new places for vacation or work. This has sparked a surge in sales of lightning strike protection systems, which are essential for keeping planes safe when they fly through thunderstorms. Airlines are also buying more planes and making them better, so they need more of these systems to ensure the safety of their passengers and crew.

Aerospace Lightning Strike Protection Market Trends

Advancements in materials science, sensor technology, and computational modeling have enabled the development of more advanced and efficient lightning protection systems for aerospace applications. These advancements have led to the introduction of innovative solutions such as conductive coatings, embedded sensors, and predictive modeling techniques, offering improved lightning protection performance, reduced maintenance requirements, and enhanced operational reliability. The trend towards incorporating the latest technologies into the aerospace operation will augment the market outlook in the coming years.

Aerospace Lightning Strike Protection Market Analysis

The retrofit segment is poised to witness significant growth till 2032, as airlines and aircraft operators strive to enhance the safety and performance of their existing fleets. These solutions offer a cost-effective means to upgrade legacy aircraft, ensuring compliance with evolving safety regulations while extending the operational lifespan of aging fleets. As airlines seek to modernize their aircraft fleets and mitigate operational risks associated with lightning strikes, the demand for protection systems from retrofit segment will increase.

The commercial aircraft application segment is poised to grow substantially through 2032, driven by a burgeoning air travel demand and the continuous expansion of commercial aviation networks. Lightning strike poses a significant operational hazard for commercial aircraft, potentially causing disruptions, damage, and safety concerns. As a result, aircraft manufacturers and operators are investing in advanced lightning protection technologies to safeguard passengers, crew, and critical onboard systems, favoring the segment growth.

North America aerospace lightning strike protection market is anticipated to showcase a decent growth trajectory over 2024 and 2032, driven by the presence of leading aircraft manufacturers, technological innovators, and stringent regulatory frameworks. The region boasts a robust aerospace sector characterized by extensive R&D activities, fostering the continuous evolution of lightning protection solutions. Moreover, the substantial fleet size of commercial and military aircrafts in North America, coupled with the region's susceptibility to severe weather conditions, underscores the critical importance of effective lightning protection measures.

Aerospace Lightning Strike Protection Market Share

  • LORD Corporation (Parker Hannifin)
  • Henkel
  • Arconic
  • Hollingsworth & Vose Company
  • Wallner tooling/EXPAC
  • Lightning Diversion System
  • Boeing
  • Dexmet Corporation

are major companies operating in the market. These organizations are inking partnerships and merger & acquisition deals with other firms to expand their product & service portfolios and strengthen their business capabilities.

Aerospace Lightning Strike Protection Industry News

  • In 2022, Ducommun Incorporated acquires Lightning Diversion Systems (LDS) and subsidiary, boosting lightning protection for wind turbines and OEMs.

What Information does this report contain?

Historical data coverage 2018 to 2023; Growth Projections 2024 to 2032.

Expert analysis industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.

6-7 year performance forecasts major segments covering applications, top products and geographies.

Competitive landscape reporting market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

Table of Content

  1. Introduction
    1. Market Overview
    2. Key Highlights of the Report
    3. Market Coverage
    4. Market Segments Covered
    5. Research Tenure Considered
  2. Research Methodology
    1. Objective of the Study
    2. Baseline Methodology
    3. Key Industry Partners
    4. Major Association and Secondary Sources
    5. Forecasting Methodology
    6. Data Triangulation & Validation
    7. Assumptions and Limitations
  3. Executive Summary      
    1. Market Overview
    2. Market Forecast
    3. Key Regions
    4. Key Segments
  4. Global Aircraft Lightning Protection Market Outlook
    1. Market Size & Forecast
      1. By Value
    2. Market Share & Forecast

4.2.1.    By Aircraft Type Market Share Analysis (Fixed-wing, Rotorcraft)

4.2.2.    By End-User Market Share Analysis (Commercial, Military, General Aviation)

4.2.3.    By Regional Market Share Analysis

4.2.3.1.        North America Market Share Analysis

4.2.3.2.        Europe & CIS Market Share Analysis

4.2.3.3.        Asia-Pacific Market Share Analysis

4.2.3.4.        Middle East & Africa Market Share Analysis

4.2.3.5.        South America Market Share Analysis

  1. By Top 5 Companies Market Share Analysis, Others (2024)
  2. Global Aircraft Lightning Protection Market Mapping & Opportunity Assessment
    1. By Aircraft Type Market Mapping & Opportunity Assessment
    2. By End-User Market Mapping & Opportunity Assessment
    3. By Regional Market Mapping & Opportunity Assessment

5.    North America Aircraft Lightning Protection Market Outlook

5.1.  Market Size & Forecast

  1. By Value

5.2.  Market Share & Forecast

5.2.1.    By Aircraft Type Market Share Analysis

5.2.2.    By End-User Market Share Analysis

5.2.3.    By Country Market Share Analysis

5.2.3.1.        United States Aircraft Lightning Protection Market Outlook

5.2.3.1.1.           Market Size & Forecast

5.2.3.1.1.1.               By Value

5.2.3.1.2.           Market Share & Forecast

5.2.3.1.2.1.               By Aircraft Type Market Share Analysis

5.2.3.1.2.2.               By End-User Market Share Analysis

5.2.3.2.        Canada Aircraft Lightning Protection Market Outlook

5.2.3.2.1.           Market Size & Forecast

5.2.3.2.1.1.               By Value

5.2.3.2.2.           Market Share & Forecast

5.2.3.2.2.1.               By Aircraft Type Market Share Analysis

5.2.3.2.2.2.               By End-User Market Share Analysis

5.2.3.3.        Mexico Aircraft Lightning Protection Market Outlook

5.2.3.3.1.           Market Size & Forecast

5.2.3.3.1.1.               By Value

5.2.3.3.2.           Market Share & Forecast

5.2.3.3.2.1.               By Aircraft Type Market Share Analysis

5.2.3.3.2.2.               By End-User Market Share Analysis

6.    Europe & CIS Aircraft Lightning Protection Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Aircraft Type Market Share Analysis

6.2.2.    By End-User Market Share Analysis

6.2.3.    By Country Market Share Analysis

6.2.3.1.        France Aircraft Lightning Protection Market Outlook

6.2.3.1.1.           Market Size & Forecast

6.2.3.1.1.1.               By Value

6.2.3.1.2.           Market Share & Forecast

6.2.3.1.2.1.               By Aircraft Type Market Share Analysis

6.2.3.1.2.2.               By End-User Market Share Analysis

6.2.3.2.        Germany Aircraft Lightning Protection Market Outlook

6.2.3.2.1.           Market Size & Forecast

6.2.3.2.1.1.               By Value

6.2.3.2.2.           Market Share & Forecast

6.2.3.2.2.1.               By Aircraft Type Market Share Analysis

6.2.3.2.2.2.               By End-User Market Share Analysis

6.2.3.3.        Spain Aircraft Lightning Protection Market Outlook

6.2.3.3.1.           Market Size & Forecast

6.2.3.3.1.1.               By Value

6.2.3.3.2.           Market Share & Forecast

6.2.3.3.2.1.               By Aircraft Type Market Share Analysis

6.2.3.3.2.2.               By End-User Market Share Analysis

6.2.3.4.        Italy Aircraft Lightning Protection Market Outlook

6.2.3.4.1.           Market Size & Forecast

6.2.3.4.1.1.               By Value

6.2.3.4.2.           Market Share & Forecast

6.2.3.4.2.1.               By Aircraft Type Market Share Analysis

6.2.3.4.2.2.               By End-User Market Share Analysis

6.2.3.5.        United Kingdom Aircraft Lightning Protection Market Outlook

6.2.3.5.1.           Market Size & Forecast

6.2.3.5.1.1.               By Value

6.2.3.5.2.           Market Share & Forecast

6.2.3.5.2.1.               By Aircraft Type Market Share Analysis

6.2.3.5.2.2.               By End-User Market Share Analysis

7.    Asia-Pacific Aircraft Lightning Protection Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Aircraft Type Market Share Analysis

7.2.2.    By End-User Market Share Analysis

7.2.3.    By Country Market Share Analysis

7.2.3.1.        China Aircraft Lightning Protection Market Outlook

7.2.3.1.1.           Market Size & Forecast

7.2.3.1.1.1.               By Value

7.2.3.1.2.           Market Share & Forecast

7.2.3.1.2.1.               By Aircraft Type Market Share Analysis

7.2.3.1.2.2.               By End-User Market Share Analysis

7.2.3.2.        Japan Aircraft Lightning Protection Market Outlook

7.2.3.2.1.           Market Size & Forecast

7.2.3.2.1.1.               By Value

7.2.3.2.2.           Market Share & Forecast

7.2.3.2.2.1.               By Aircraft Type Market Share Analysis

7.2.3.2.2.2.               By End-User Market Share Analysis

7.2.3.3.        India Aircraft Lightning Protection Market Outlook

7.2.3.3.1.           Market Size & Forecast

7.2.3.3.1.1.               By Value

7.2.3.3.2.           Market Share & Forecast

7.2.3.3.2.1.               By Aircraft Type Market Share Analysis

7.2.3.3.2.2.               By End-User Market Share Analysis

7.2.3.4.        Vietnam Aircraft Lightning Protection Market Outlook

7.2.3.4.1.           Market Size & Forecast

7.2.3.4.1.1.               By Value

7.2.3.4.2.           Market Share & Forecast

7.2.3.4.2.1.               By Aircraft Type Market Share Analysis

7.2.3.4.2.2.               By End-User Market Share Analysis

7.2.3.5.        South Korea Aircraft Lightning Protection Market Outlook

7.2.3.5.1.           Market Size & Forecast

7.2.3.5.1.1.               By Value

7.2.3.5.2.           Market Share & Forecast

7.2.3.5.2.1.               By Aircraft Type Market Share Analysis

7.2.3.5.2.2.               By End-User Market Share Analysis

7.2.3.6.        Australia Aircraft Lightning Protection Market Outlook

7.2.3.6.1.           Market Size & Forecast

7.2.3.6.1.1.               By Value

7.2.3.6.2.           Market Share & Forecast

7.2.3.6.2.1.               By Aircraft Type Market Share Analysis

7.2.3.6.2.2.               By End-User Market Share Analysis

7.2.3.7.        Thailand Aircraft Lightning Protection Market Outlook

7.2.3.7.1.           Market Size & Forecast

7.2.3.7.1.1.               By Value

7.2.3.7.2.           Market Share & Forecast

7.2.3.7.2.1.               By Aircraft Type Market Share Analysis

7.2.3.7.2.2.               By End-User Market Share Analysis

8.    Middle East & Africa Aircraft Lightning Protection Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Aircraft Type Market Share Analysis

8.2.2.    By End-User Market Share Analysis

8.2.3.    By Country Market Share Analysis

8.2.3.1.        South Africa Aircraft Lightning Protection Market Outlook

8.2.3.1.1.           Market Size & Forecast

8.2.3.1.1.1.               By Value

8.2.3.1.2.           Market Share & Forecast

8.2.3.1.2.1.               By Aircraft Type Market Share Analysis

8.2.3.1.2.2.               By End-User Market Share Analysis

8.2.3.2.        Saudi Arabia Aircraft Lightning Protection Market Outlook

8.2.3.2.1.           Market Size & Forecast

8.2.3.2.1.1.               By Value

8.2.3.2.2.           Market Share & Forecast

8.2.3.2.2.1.               By Aircraft Type Market Share Analysis

8.2.3.2.2.2.               By End-User Market Share Analysis

8.2.3.3.        UAE Aircraft Lightning Protection Market Outlook

8.2.3.3.1.           Market Size & Forecast

8.2.3.3.1.1.               By Value

8.2.3.3.2.           Market Share & Forecast

8.2.3.3.2.1.               By Aircraft Type Market Share Analysis

8.2.3.3.2.2.               By End-User Market Share Analysis

8.2.3.4.        Turkey Aircraft Lightning Protection Market Outlook

8.2.3.4.1.           Market Size & Forecast

8.2.3.4.1.1.               By Value

8.2.3.4.2.           Market Share & Forecast

8.2.3.4.2.1.               By Aircraft Type Market Share Analysis

8.2.3.4.2.2.               By End-User Market Share Analysis

9.    South America Aircraft Lightning Protection Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Aircraft Type Market Share Analysis

9.2.2.    By End-User Market Share Analysis

9.2.3.    By Country Market Share Analysis

9.2.3.1.        Brazil Aircraft Lightning Protection Market Outlook

9.2.3.1.1.           Market Size & Forecast

9.2.3.1.1.1.               By Value

9.2.3.1.2.           Market Share & Forecast

9.2.3.1.2.1.               By Aircraft Type Market Share Analysis

9.2.3.1.2.2.               By End-User Market Share Analysis

9.2.3.2.        Argentina Aircraft Lightning Protection Market Outlook

9.2.3.2.1.           Market Size & Forecast

9.2.3.2.1.1.               By Value

9.2.3.2.2.           Market Share & Forecast

9.2.3.2.2.1.               By Aircraft Type Market Share Analysis

9.2.3.2.2.2.               By End-User Market Share Analysis

10. Market Dynamics

10.1.             Drivers

10.2.             Challenges

  1. Impact of COVID-19 on the Global Aircraft Lightning Protection Market

12. Market Trends & Developments

13. Competitive Landscape

13.1.             Company Profiles

  1. ??Astroseal Products Manufacturing Corp
    1. Company Details
    2. Products
    3. Financials (As Per Availability)
    4. Key Market Focus & Geographical Presence
    5. Recent Developments
    6. Key Management Personnel
  2. PPG Industries, Inc
    1. Company Details  
    2. Products
    3. Financials (As Per Availability)
    4. Key Market Focus & Geographical Presence
    5. Recent Developments

13.1.2.6.     Key Management Personnel

  1. Dayton-Granger Inc.
    1. Company Details
    2. Products
    3. Financials (As Per Availability)
    4. Key Market Focus & Geographical Presence
    5. Recent Developments
    6. Key Management Personnel
  2. The Gill Corporation
    1. Company Details
    2. Products
    3. Financials (As Per Availability)
    4. Key Market Focus & Geographical Presence
    5. Recent Developments
    6. Key Management Personnel
  3. Lord Corporation (Parker Hannifin Corporation)
    1. Company Details
    2. Products
    3. Financials (As Per Availability)
    4. Key Market Focus & Geographical Presence
    5. Recent Developments
    6. Key Management Personnel
  4. Microchip Technology Inc
    1. Company Details
    2. Products
    3. Financials (As Per Availability)
    4. Key Market Focus & Geographical Presence
    5. Recent Developments
    6. Key Management Personnel
  5. Henkel AG & Co.
    1. Company Details
    2. Products
    3. Financials (As Per Availability)
    4. Key Market Focus & Geographical Presence
    5. Recent Developments
    6. Key Management Personnel
  6. AEF Solutions Limited
    1. Company Details
    2. Products
    3. Financials (As Per Availability)
    4. Key Market Focus & Geographical Presence
    5. Recent Developments
    6. Key Management Personnel
  7. Technical Fiber Products Ltd (James Cropper PLC)
    1. Company Details
    2. Products
    3. Financials (As Per Availability)
    4. Key Market Focus & Geographical Presence
    5. Recent Developments
    6. Key Management Personnel
  8.   A.P.C.M. LLC
    1. Company Details
    2. Products
    3. Financials (As Per Availability)
    4. Key Market Focus & Geographical Presence
    5. Recent Developments

13.1.10.6.  Key Management Personnel

14. Strategic Recommendations/Action Plan

14.1. Key Focus Areas

14.1.1. Target By Aircraft Type

14.1.2. Target By End-User

  1. About Us & Disclaimer
  • LORD Corporation (Parker Hannifin)
  • Henkel
  • Arconic
  • Hollingsworth & Vose Company
  • Wallner tooling/EXPAC
  • Lightning Diversion System
  • Boeing
  • Dexmet Corporation

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