DUBLIN, Oct. 6, 2020 /PRNewswire/ -- The "Aerospace Lightning Strike Protection Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.
The global aerospace lightning strike protection market is expected to decline in 2020 due to the global economic recession led by COVID -19. However, the market will witness recovery in the year 2021 and it is expected to grow with a CAGR of 2% to 4% from 2019 to 2025.
The future of the global aerospace lightning strike protection market looks promising with opportunities in the commercial, regional, and military aircraft markets. 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.
Emerging trends, which have a direct impact on the dynamics of the industry, include the development of lightweight LSP materials, nano-enhanced lightning strike protection, and replacing metals structures with composites.
The report forecasts that expanded foil will remain the largest segment in the aerospace lightning strike protection market due to several advantages over other lightning strike protection technologies, such as conductivity, formability, low maintenance, lightweight, and good corrosion resistance.
North America will remain the largest region and is expected to witness significant growth over the forecast period due to growth in its aerospace composites market.
Some of the aerospace lightning strike protection company profiles in this report include Dexmet Corporation, GKD Gebr. Kufferath AG, Technical Fibre Products Inc, Astroseal Products Mfg. Inc., Lord Corporation, and Lightning Diversion system.
Features of the Global Aerospace Lightning Strike Protection Market
This report answers following 11 key questions
Key Topics Covered:
1. Executive Summary
2. Market Background and Classifications2.1. Introduction, Background, and Classifications 2.2. Supply Chain 2.3. Industry Drivers and Challenges
3. Market Trend and Forecast Analysis from 2014 to 20253.1. Macroeconomic Trends (2014-2019) and Forecast (2020-2025) 3.2. Global Aerospace Lightning Strike Protection Market Trends (2014-2019) and Forecast (2020-2025) 3.3. Global Aerospace LSP Market by Type 3.3.1. Expanded Foil 3.3.2. Interwoven Wire 3.3.3. Coating and Painting 3.3.4. Metalized Fabrics and Fibers 3.3.5. Lightning Fiber Strips 3.3.6. Others
4. Market Trends and Forecast Analysis by Region4.1. Global Aerospace LSP Market by Region 4.2. North American Aerospace LSP Market 4.3. European Aerospace LSP Market 4.4. APAC Aerospace LSP Market 4.5. ROW Aerospace LSP Market
5. Competitor Analysis5.1. Product Portfolio Analysis 5.2. Ranking of Major Players 5.3. Geographical Reach 5.4. Operational Integration 5.5. Porter's Five Forces Analysis
6. Growth Opportunities and Strategic Analysis6.1. Growth Opportunity Analysis 6.1.1. Growth Opportunities for the Global Aerospace LSP Market by Type 6.1.2. Growth Opportunities for the Global Aerospace LSP Market by Region 6.2. Emerging Trends in the Global Aerospace Lightning Strike Protection Industry 6.3. Strategic Analysis 6.3.1. New Product Development 6.3.2. Technology Development 6.3.3. Mergers and Acquisitions in the Global Aerospace Lightning Strike Protection Industry 6.3.4. Expert Opinions
7. Company Profiles of Leading Players7.1. Dexmet Corporation 7.2. GKD - GEBR. KUFFERATH AG 7.3. Astroseal Products Mfg. Corporation/Astrostrike 7.4. Technical Fibre Products, Inc. 7.5. LORD Corporation 7.6. Hollingsworth & Vose Company 7.7. Lightning Diversion System 7.8. Wallner tooling/EXPAC 7.9. Toho Tenax America, Inc. 7.10. Niles Expanded Metals & Plastic 7.11. Henkel
For more information about this report visit https://www.researchandmarkets.com/r/x5cwzt
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