Aerospace Lightning Strike Protection Market share research by applications and regions for 2017-2024

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Aerospace Lightning Strike Protection Market
Price, Trends, Industry Outlook Forecast
2017-2024
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Key Insights from Aerospace Lightning Strike
Protection Market

• Continuous increase in aircraft deliveries will
  also support the industry. Strengthening
  aerospace composites penetration in aircraft
  programs, stringent aviation standards
  regulations across the globe will further
  escalate the revenue share of the aerospace
  lightning strike protection market over the
  coming years.
• Mandatory certifications regarding the usage of
  lighting strike protection (LSP) will pose a
  challenge to industry participants. The
  manufacturers are pushed to focus on careful
  production of their products for catering to
  these standards. High implementation cost is
  another factor that may hamper the aerospace
  lightning strike protection market growth over
  the forecast timeframe.
• Usage of advanced and light weighted LSP
  materials will further gain traction among the
  industry participants owing to the economic and
  environment protection considerations. They
  provide the aircrafts with enhanced lightning
  protection. Integration of Nano technology in
  these lightning strike protection systems is also
  an upcoming trend in the aerospace lightning
  strike protection market.

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Continued...

• The increasing demand of these aircrafts will
  foster the industry growth till 2024.
  Additionally, provision of the benefits such as
  cost effectiveness, enhanced formability,
  corrosion resistance, light weight, and better
  conductivity as compared to the counterparts will
  further support the industry dominance over the
  next eight years.

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Major Companies in Aerospace Lightning Strike
Protection Market

• Henkel
• Arconic
• LORD Corporation
• Wallner tooling/EXPAC
• Hollingsworth Vose Company
• Lighting Diversion System
• Astroseal Products Mfg.Astrostrike/Corporation
• Dexmet Corporation

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Regional Insights in Automotive AHSS Market

• North America is anticipated to exhibit highest
  revenue share in the industry over the forecast
  timeframe. It can be attributed to tremendously
  rising number of aircraft production and
  deliveries across the region. Rising passenger
  traffic travelling by air will significantly
  contribute to the regions aerospace lightning
  strike protection market size till 2024.
• Europe will witness a significant growth over the
  coming years owing to the stringent regulations
  and standards regarding CO2 emissions from
  aviation. Regular innovations will further fuel
  the regional growth.

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