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    Aircraft Connectors Market Report

    Aircraft Connectors Market Report
    Report code - SR1605 Delivery - 2 Weeks
    Aircraft Connectors Market Size, Share, Trend, Forecast, & Industry Analysis: 2022-202 See more...

    Market Insights

    The Aircraft Connectors Market is estimated to grow from USD 5.03 billion in 2021 to USD 7.82 billion by 2028 at a healthy CAGR of 6.64% during the forecast period of 2022-2028.

    Aircraft Connectors Market Size

    What is Aircraft Connector?

    A connector could be a device that connects electrical terminations to form an electrical device. Connectors offer the means of linking cables to transmitting or receiving equipment. Aircraft connectors help to integrate functions on an aircraft like avionics, airframe, and power systems. These connectors have multipin which interconnects with contact housings & contact interface geometries. Aircraft connectors are developed to supply solutions for the present generation of aircraft.

    Market Drivers

    The Aircraft Connectors market is mainly driven by surging demand for aircraft worldwide, improving flight safety, and the production of advanced avionics systems. Also, the need for vibration-free & reliable connectors further boosted the product demand. Moreover, these connectors find widespread usage across user power systems, aircraft lighting, seat actuator, and intelligent peripheral devices of power ranging from low to high. Furthermore, a strong increase in the procurement of military & defense aircraft further bolstered the industry growth during the forecast timeline.

    Covid-19 Impact Analysis

    The outbreak of COVID-19 has negatively impacted the aircraft connectors industry mainly due to lockdowns imposed by the governments around the world to prevent the spread of COVID-19. The lockdown & travel restrictions have significantly affected the aviation industry as the global air travel was restricted. Furthermore, due to the lockdown, aircraft manufacturing was disrupted thus affecting the demand for aviation connectors.

    Aircraft Connectors Market Snapshot

    Key Players

    Key players operating in the Aircraft Connectors Market are-

    • Amphenol Corporation (US)
    • TE Connectivity Ltd. (Switzerland)
    • SOURIAU SAS (France)
    • Radiall SA (France)
    • ITT Inc. (US)
    • Cooper Industries (Eaton Corporation) (US)
    • Smiths Interconnect Inc. (Smiths Group PLC) (US)
    • Rosenberger Group (Germany)
    • Carlisle Interconnect Technologies (Carlisle Companies Inc.) (US)
    • Conesys Inc. (US)

    Target Audience

    The target audience of Aircraft Connectors Market includes-

    • Aircraft Connectors Vendors
    • Aircraft Connectors Manufacturers
    • Aircraft Connectors Distributors
    • Organizations
    • Government Bodies.

    Segments' Analysis

    Type Trends

    Based on type, the aircraft connectors market has been classified into PCB connectors, fiber optic connectors, high power connectors, high-speed connectors, RF connectors, others. The fiber optic connectors segment accounted for the largest market share in 2021. This is mainly attributed to the growing need for fiber optics aviation connectors for data transmission at higher speeds and its usage in the latest telecommunication technologies such as the FTTx application.

    Regional Trends

    By region, the North American Aircraft Connectors market accounted for the largest share in 2021 and is expected to grow at a significant CAGR during the review period. The Aircraft Connectors market growth is mainly propelled by mainly due to the presence of major aircraft manufacturers as well as aircraft avionics system manufacturers in the region. Also, increasing air travel rate, growing aircraft expenditure, and stringent standards for aircraft electronics. further boosts the regional market growth.

    The Asia-Pacific Aircraft Connectors market is expected to grow at a healthy CAGR during the review period. The regional growth is ascribed to the demand for experimental aircraft, business jets, commercial, and military aircraft in India, China, and Japan. Furthermore, India is likely to witness the soaring demand for aviation connectors in military & aerospace avionics systems, thereby bolstering the regional market growth.

    Market Segmentation

    Report Feature

    Market Segmentation

    3

    Regions Covered

    5

    Countries/Subregions Covered

    16

    Figures & Tables

    >70

    Company Profile

    10

     

    The market is segmented in the following ways:

    By Type

    • PCB Connectors
    • Fiber Optic Connectors
    • High Power Connectors
    • High Speed Connectors
    • RF Connectors
    • Others

    By End Use Type

    • Commercial
    • Business Jets
    • Military
    • Others

    By Region:

    • North America
    • Europe
    • Asia-Pacific
    • Middle East & Africa
    • South America

    Research Methodology

    For calculating the market size, our analysts follow either Top-Bottom or Bottom-Top approach or both, depending upon the complexity or availability of the data points. Our reports offer high-quality insights and are the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. We leverage multitude of authenticated secondary sources, such as company annual reports, government sources, trade associations, journals, investor presentation, white papers, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts are usually executed to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.

    The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis.
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Market trend and forecast analysis.
    • Market segment trend and forecast.
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for the existing and new players.
    • Key success factors.

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    The aircraft connectors market is expected to witness an impressive growth of 6.64% CAGR in the coming years.

    Amphenol Corporation (US), TE Connectivity Ltd. (Switzerland), SOURIAU SAS (France), Radiall SA (France), ITT Inc. (US), Cooper Industries (Eaton Corporation) (US), Smiths Interconnect Inc. (Smiths Group PLC) (US), Rosenberger Group (Germany), Carlisle Interconnect Technologies (Carlisle Companies Inc.) (US), Conesys Inc. (US) are among the key players in the aircraft connectors market.

    The aircraft connectors market size is expected to reach USD 7.82 billion in 2028.

    The fiber optic connectors segment accounted for the largest share in the aircraft connectors market in 2021.

    North America accounted for the largest share in the aircraft connectors market in 2021.

    Aircraft Connectors Vendors, Aircraft Connectors Manufacturers, Aircraft Connectors Distributors, Organizations, Government Bodies are the target audience in the aircraft connectors market.

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