Aviation Connectors Market Forecasts to 2028 – Global Analysis By Type (PCB, RF Connectors), Application (Landing Gear, Avionics), Shape (Rectangular, Circular) End User (Military, Commercial) and By Geography
According to Stratistics MRC, the Global Aviation Connectors Market is accounted for $5.01 billion in 2020 and is expected to reach $8.54 billion by 2028 growing at a CAGR of 6.9% during the forecast period. Growth in the number of aircraft deliveries, rising need for modern avionic system and growing concerns over safer flight systems are driving the market growth. However, high initial installation cost is hampering the growth of the market.
Aviation connectors are used for connecting different electrical or other objects and systems in an aircraft. They are sturdy pieces of equipment that provide robust resistance to extreme temperatures, ingress, vibration, fire, smoke, as well as other hazards. They have several applications in aircraft user power systems, lighting, intelligent peripheral devices, and even seat actuators.
Based on the type, the fiber optic segment is going to have lucrative growth during the forecast period due to the advancements in fiber optic connector technology basically for the use in aviation and aerospace applications. This fiber optic is increasingly user friendly system has contributed to more novel extremely small multifiber connectors for fiber optic interconnection. Moreover, the device helps in overcoming the bandwidth and distance challenge and plays an essential role in driving the market.
By geography, Asia Pacific is going to have high growth during the forecast period due to the rising air passenger traffic and companies entering into aircraft manufacturing business in this region. Furthermore, due to the demand for business jets, experimental aircraft, commercial, and military aircraft in China, India, and Japan.
Some of the key players profiled in the Aviation Connectors Market include
TE Connectivity, Eaton Corporation, Esterline Corporation, Smiths Group PLC, Bel Fuse Inc., Carlisle Companies Inc., Rosenberger Group, ITT Corporation, Amphenol Corporation, Fischer Connectors SA, Radiall and CONEC Elektronische Bauelemente GmbH.
• Rotary Wing
• Fixed Wing
• Fiber Optic
• Printed Circuit Board (PCB)
• High Speed
• Radio Frequency (RF) Connectors
• High Power
• Landing Gear
• Cabin Equipment
• Engine Control Systems
• Rectangular (D Subminiature Connectors)
• Circular (Coaxial Connectors)
End Users Covered:
• Business Jets
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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