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" www.lucintel.com/aerospace-lightni…tion-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.
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.
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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.
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The study includes a forecast for the global aerospace LSP market by type and region as follows:
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
By Region (Value ($ million) and Volume (million sq. ft.) from 2011 to 2022):
· North America
· Asia Pacific
· The Rest of the World
This 118 - page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, click on this link www.lucintel.com/toc/aerospace-lig…ction-market.aspx