According to a new market report published by Lucintel, 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 10.7% from 2017 to 2022. The major growth drivers for this market are increasing penetration of composites in aircraft programs, proliferating aircraft deliveries, and aviation regulations and certification standards regarding the use of Lightning Strike Protection (LSP) in aircraft.

In this market, expanded foil, interwoven wires, metallized fabrics and fibers, coating and painting, lightning diverter strips, and others are the types of LSP. Lucintel forecasts that the expanded foil segment is expected to remain the largest segment by value and by volume due to usage of expanded foil in new aircraft such as B787 and A350XWB and growing demand of B787 and A350XWB. Expanded foil also provides higher conductivity, lightweight, low cost, better formability and corrosion resistance, as well as a good surface finish. On the basis of its comprehensive research, Lucintel forecasts that expanded foil segment is expected to show above average growth during the forecast period...Read more
http://www.lucintel.com/commercial-aerospace-lightning-strike-protection.aspx