Lucintel Anticipates Global Commercial Lightning Strike Protection Market to Grow with a CAGR of 7.3% During Forecast Period (2014-2020)

Irving, TX, May 31, 2014 --(PR.com)-- Global commercial lightning strike protection market is expected to grow with a CAGR of 7.3% during forecast period (2014-2020). The major driver of the commercial lightning strike protection market is increasing use of composites in aircraft. Commercial aircraft such as Boeing’s B787, Airbus’ A380, and A350, regional aircraft such as Bombardier’s C series aircraft have high penetration of composites which is expected to drive the demand for lightning strike protection market.

Lucintel, a leading global management consulting and market research firm, has analyzed the global commercial lightning strike protection market by segments and by region, and has come up with comprehensive research report “Growth Opportunities for Global Commercial Lightning Strike Protection Market 2014-2020: Trends, Forecast, and Opportunity Analysis”. This report provides an analysis of the growth opportunities for global commercial lightning strike protection market including analysis of the market trend, the competitive landscape, company profiles, mergers and acquisitions, emerging trends and key drivers of industry growth. The study also includes global trends and forecasts for lightning strike protection market through 2020, segmented by regions, and by product type as follows:

Global commercial lightning strike protection market by region:
· North America
· Europe
· Asia Pacific
· Rest of World

Global commercial lightning strike protection market by product type:
· Expanded foil
· Interwoven wires
· Metallized fabrics and fibers
· Coating and painting
· Lightning diverter strips
· Others

On the basis of its comprehensive research, Lucintel forecasts that all of the segments for commercial lightning strike protection market will grow moderately in 2014-2020. The expanded foil segment is expected to depict highest growth by value. The expanded foil segment is expected to become the largest contributor in global commercial lightning strike protection market during the forecast period. Increase in aircraft delivery with growing usage of composite material and rise in air traffic is expected to drive global commercial lightning strike market which will provide ample opportunities for suppliers to gain market share.

This 116-page market research report will enable you to make confident business decisions in this globally competitive marketplace For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com. You can also contact us through Live Chat in its website to answer your questions in real time.

About Lucintel

Lucintel, the premier global management consulting and market research firm creates winning strategy for growth—whether you need to understand market dynamics, identify new opportunities, or increase your profitability. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M & A and due diligence services to executives and key decision-makers in a variety of industries. Over the last 15 years, Lucintel has served over 1,000 corporations in 70 countries. For further information, visit www.lucintel.com.