Global Airborne Lightning Detection System Market To Expand Significantly During The Forecast Period Of 2020-2027

February,2019/ Research report on the Global Airborne Lightning Detection System Market.

Global Airborne Lightning Detection System Market: Synopsis

The detailed report published by Market Research Future (MRFR) projects that the global airborne lightning detection system market is marked to exhibit noteworthy growth during the forecast period of 2020-2027. Airborne lightening detection system consists of highly sensitive sensors that are specifically designed to detect electromagnetic activities caused during thunderstorms. Detection of such activities beforehand aids in reducing the damage caused due to natural calamities. Increasing investments for accurate weather forecasting in hurricane-prone areas to avoid loss of life and property and high demand for airborne lightning detection system in commercial and defense aircraft to avoid being struck by lightning are majorly fueling the growth of the global airborne lightning detection system market. rapid increase in space exploration activities is also contributing to the growth of the global airborne lightning detection system market during the assessment period.

Global Airborne Lightning Detection System Market: Segmental Analysis

The global market for airborne lightning detection system has been segmented on the basis of equipment, aircraft type, end user, and fit. Based on equipment, the global airborne lightning detection system market has been segmented into lightning sensor, lightning processor, and lightning display. The lightning sensor segment commands the major share of the global airborne lightning detection system market and is marked to exhibit significant expansion at the highest growth rate during the assessment period owing to the high adoption of these sensors.

Based on aircraft type, the global airborne lightning detection system market has been segmented into fixed-wing, rotary-wing, and UAV. The fixed-wing segment is anticipated to be the largest and fastest-growing segment during the review period owing to the rapid rise in demand for new commercial and military aircraft and the increasing defense budgets in the countries such as the U.S., China, and Germany.

Based on end user, the global airborne lightning detection system market has been segmented into defense and commercial. The commercial segment commands the major share of the global airborne lightning detection system market and is marked to be the fastest growing segment during the assessment period owing to significant increase in air travel since last few years as this mode of transport is now available at affordable prices. Based on fit, the global market for airborne lightning detection system market has been segmented into linefit and retrofit. The linefit segment is anticipated to command the dominant share of the global airborne lightning detection system market.

Global Airborne Lightning Detection System Market:

Regional Analysis

Geographically, the global airborne lightning detection system market has been segmented into five major regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Europe region is anticipated to command the major share of the global airborne lightning detection system market during the assessment period owing to the increased space exploration activities, rise in government funding for carrying out extensive research and development, and increasing emphasis on disaster management through weather forecast in this region. Presence of leading aircraft manufacturers such as Bombardier and Boeing and increased space exploration activities by various space research organizations are propelling the growth of the airborne lightning detection system market in the North America region.

Global Airborne Lightning Detection System Market: Industry Updates

In July 2018, The National Aeronautics and Space Administration (NASA) had announced that GLM or the Geostationary Lightning Mapper, a new satellite sensor designed to detect lightning, which is mounted on two weather satellites, is successfully picking up signal of meteors in Earth's atmosphere.

In May 2018, the National Oceanic and Atmospheric Administration (NOAA) has announced that it has used airborne lightning detection system with a scientific aircraft which led to the detection of a beam of antimatter and flashes of x-rays and gamma rays that were being blasted towards the ground in the eyewall of a hurricane.

Global Airborne Lightning Detection System Market: Key Players

The prime players profiled by Market Research Future (MRFR) that are operating in the global airborne lightning detection system market are Aselsan AS (Turkey), BAE Systems (the U.K.), United Technologies Corporation (the U.S.), Elbit Systems Ltd (Israel), Sarasota Avionics International (the U.S.), Northrop Grumman Corporation (the U.S.), Raytheon Company (the U.S.), RUAG Group (Switzerland), Saab AB (Sweden), and Terma (Denmark).