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Aerospace lightning strike protection market is expected to grow with a CAGR of 10.7% from 2017 to 2022

Aerospace lightning strike protection market is expected to grow with a CAGR of 10.7% from 2017 to 2022

Trends, opportunities and forecast in this market to 2022 by type (expanded foil, interwoven wires, metallized fabrics and fibers, coating and painting, lightning diverter strips, and others) and by region (North America, Europe, Asia Pacific, and the Rest of the World)

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.

Browse 42 Market Data Tables and 38 Figures spread through 118 Pages and in-depth TOC on “aerospace lightning strike protection market- Global Forecast to 2022” http://www.lucintel.com/aerospace-lightning-strike-protection-market.aspx

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.

Early buyers will receive 10% customization on this report

North America is expected to remain the largest region by value and by volume during the forecast period due to highest number of aircraft delivery and production in this region.

Download Free [email protected] http://www.lucintel.com/ds/aerospace-lightning-strike-protection-market.aspx

Emerging trends, which have a direct impact on the dynamics of the industry, include development of light weight LSP materials and nano-enhanced lightning strike protection. Dexmet Corporation, GKD Gebr. Kufferath AG, and Astroseal Products Mfg. Inc. are among the major suppliers of LSP materials.

Download PDF Brochure @ http://www.lucintel.com/rb/aerospace-lightning-strike-protection-market.aspx

The study includes the aerospace lightning strike protection market size and forecast for the global aerospace LSP market through 2022, segmented by type and region as follows: 

Aerospace Lightning Strike Protection Market by Type (Value ($ million)  and  Volume ( million sq. ft.) from 2011 to 2022):
  • Expanded Foil
  • Interwoven Wire
  • Coating and Painting
  • Metallized Fabrics and Fibers
  • Lightning Diverter Strips
  • Others
Aerospace Lightning Strike Protection Market by Region (Value ($ million) and Volume (million sq. ft.) from 2011 to 2022):
  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

Aerospace lightning strike protection companies profiled in this market include Dexmet Corporation, GKD Gebr. Kufferath AG, and Astroseal Products Mfg. Inc. are among the major suppliers of LSP materials.  

On the basis of its comprehensive research, Lucintel forecasts that expanded foil segment is expected to show above average growth during the forecast period. 
 
North America is expected to remain the largest region by value and by volume during the forecast period due to highest number of aircraft delivery and production in this region. 

Subscribe Reports from Aerospace Reports Domain @ http://www.lucintel.com/reports/aerospace-defense-market-report.aspx

 

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

For further information, visit www.lucintel.com.

Current Press Releases of Lucintel @ http://www.lucintel.com/press-release.aspx

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This report answers the following 11 key questions:

Q.1 What are some of the most promising, high-growth opportunities for the global  aerospace LSP market by type (expanded foil, interwoven wires, metallized fabrics and fibers, coating and painting, lightning diverter strips, and others) and by region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 Which region will grow at a faster pace and why?

Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges in this market?

Q.5 What are the business risks and threats of this market?

Q.6 What are emerging trends in this market and reasons behind them?

Q.7 What are some of the changing demands of customers in the market?

Q.8 What are the new developments in the market? Which companies are leading these developments?

Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?

Q.10 What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?

Q.11 What M&A activity has occurred in the last 5 years?

Media Contact
Company Name: Lucintel
Contact Person: Tushita Roy
Email: Send Email
Phone: +31-682270883
Address:222 Las Colinas Blvd West, Suite 1650
City: Irving
State: TX
Country: United States
Website: http://www.lucintel.com/index.aspx

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