Aircraft lightning protection is installed in an aircraft to safeguard passengers and improve conductivity. It includes various components, such as transient voltage suppressors, static wicks, and expanded metal foils. Augmented demand for novel aircraft and upsurge in the requirement for added electric aircraft and glass cockpit are the factors driving the growth of the global aircraft lightning protection.

On the basis of the application, the market is subdivided into test service, lightning protection, and lightning detection & warning. Of all the applications, the lightning protection segment is expected to grow at the fastest rate in the market as its components assist in decreasing the amount of destruction caused owing to lightning strikes on the aircraft. The lightning protection segment is further subdivided into expanded metal foils, transient voltage suppressors, and static wicks.

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The augmented demands for novel aircraft, the surge in disposable income of the middle-class population, and an upsurge in the requirement for added electric aircraft and glass cockpit are the primary growth drivers for aircraft lightning protection market.

In addition, the upsurge in air passenger has resulted in an increase in new aircraft and aviation vessel requirement. As passengers are shifting towards air transportation from land and sea due to less travel time and better safety, thus fueling the growth of the market.

The emergence of new aircraft manufacturers in Asia-Pacific, technological advancement, and augmented implementation of composite material in aircraft, to reduce overall weight and enhance the fuel efficiency of the airplane are also facilitating the growth of the aircraft lightning protection market.

Geographically, North America accounted the largest share in the market, due to an upsurge in airplane deliveries and presence of major aircraft manufacturers. Asia-Pacific is observed to witness the fastest growth in the market, due to an upsurge in passenger traffic. In addition, mounting disposable income, and enlarged need for novel lightweight and fuel-efficient aircraft are also facilitating the growth of the Asia-Pacific aircraft lightning protection market.

Key players in the aircraft lightning protection market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In April 2015, Southwest Airlines selects Honeywell Cockpit Technologies for Boeing 737 max aircraft. Dayton-Granger, TE Connectivity, Honeywell International, Lord Corporation, National Technical Systems (NTP), and Avidyne are the key players offering aircraft lightning protection.

Source: VynZ Research