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Aircraft Lightning Protection Market Share

Report ID: GMI2822
Published Date: Nov 2024
Report Format: PDF

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Aircraft Lightning Protection Market Share

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The aircraft lightning protection industry features a mix of established and emerging players competing to innovate and enhance aviation safety. Leading companies like Gill Corporation, Dayton-Granger, and HEICO Corporation have secured significant market share by developing advanced technologies that meet strict safety regulations. Continuous research and development efforts, along with collaborations between manufacturers and airlines, drive improvements in lightning protection systems. This competitive landscape encourages innovation as companies strive to differentiate their products and capture larger shares of the growing aviation market, while ensuring compliance with the latest safety standards and optimizing performance and cost-effectiveness.

Aircraft Lightning Protection Market Companies

Major players operating in the aircraft lightning protection industry are:

3M
AEF Solutions
Amphenol Aerospace
Dayton-Granger
Gill Corporation
HEICO Corporation (Astroseal Products Manufacturing Corp.)
Henkel
Hydra-Electric Company
L3 Technologies
Lord Corporation (Parker Hannifin Corporation)
Microchip Technology
PPG Industries
Toray Advanced Composites

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

The market size of aircraft lightning protection reached USD 3.1 billion in 2024 and is set to grow at a 3.6% CAGR from 2025 to 2034, driven by increased air traffic, new aircraft models, and stricter safety regulations.

The fixed-wing aircraft segment dominated the global market with a revenue of over USD 2.7 billion in 2024, as manufacturers integrate advanced lightning protection technologies to address severe weather and lightning strikes.

North America dominated the market in 2024 with a 33.5% share, led by the U.S. markets growth due to increased aircraft production and stricter safety regulations from the Federal Aviation Administration (FAA).

The key players in the industry include 3M, AEF Solutions, Amphenol Aerospace, Dayton-Granger, Gill Corporation, HEICO Corporation, Henkel, Hydra-Electric Company, L3 Technologies, Lord Corporation, Microchip Technology, PPG Industries, and Toray Advanced Composites.