Stratview Research announces the launch of a new research report on Global Aerospace & Defense Connectors Market by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Regional Aircraft, General Aviation, Helicopter, and Military Aircraft), by Application Type (Avionics & Control Systems, Interior & IFE, Engine, Landing Gear, Airframe, and Others), by Product Type (Signal, Power, RF Connectors, Fiber Optics, Ethernet, and Others), by Shape Type (Circular, Rectangular, and Others), by Sales Channel Type (Direct Sales and Distributor Sales), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017-2022.
This 240-page strategic report, from Stratview Research, studies the connectors market in the global aerospace & defense industry over the period 2011 to 2022. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The Connectors Market in the Global Aerospace & Defense Industry: Highlights
As per Stratview Research, the global aerospace & defense connectors market offers a healthy growth opportunity of 5.1% CAGR during the forecast period of 2017 to 2022 and reach an estimated $1,713.2 million in 2022. The author of the report stated that increasing production rate of commercial and regional aircraft, such as B737, A320, A350XWB, and C Series; upcoming aircraft & introduction of variants of existing aircraft, such as C919, MRJ, B737Max, A320neo, and E-2 Jets; rising global aircraft fleet; need for lower MRO (maintenance, repair, and overhaul) cost, high demand for the advanced avionic systems, and advancement in the connectors technology are the major growth drivers of the global aerospace & defense connectors market.
The research’s findings suggest that narrow-body and wide-body aircraft are likely to be the growth engines of the global aerospace & defense connectors market during the forecast period of 2017 to 2022. Wide-body aircraft is projected to witness the highest growth during the same period, driven by increasing demand from Asia-Pacific and Middle-East regions. B777, A330, B787, and A350XWB are the major aircraft generating a healthy demand for connectors.
In terms of product type, signal connector is likely to remain the most dominant product type in the market during the forecast period. Signal connectors, fiber optics, and RF connectors are estimated to witness impressive growth rates during the forecast period, driven by the demand for high-performance connectors which are faster, lighter, and have increased functionalities and power efficiencies.
Based on shape type, circular connector is expected to remain the most dominant type during the forecast period, driven by its preference in a wide array of applications.
As per the study, North America is projected to remain the largest market for connectors during the forecast period whereas, Asia-Pacific is expected to witness the highest growth during the forecast period. Commencement of commercial aircraft OEMs’ assembly plants in China, increasing demand for military aircraft; and upcoming indigenous commercial and regional aircraft, such as Comac C919 and Mitsubishi MRJ, fueled by increasing passenger traffic are likely to drive the demand for connectors in the region.
Amphenol Corporation, TE Connectivity, ITT Corporation, Esterline Technologies Corporation, Carlisle Interconnect Technologies, Glenair Inc., Bel Fuse Inc., Smiths Group Plc, Rosenberger Group, and Radiall Inc. are the dominant players in the global aerospace & defense connectors market. Long-term contracts and an advancement in the technology are the key strategies adopted by major players to gain a competitive edge in the market throughout the globe.
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 on 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:
This report studies connectors market in the global aerospace & defense industry and has segmented the market in six ways, keeping in mind the interest of all the stakeholders across the value chain. Following are the six ways in which the market is segmented:
Global Aerospace & Defense Connectors Market by Aircraft Type:
Global Aerospace & Defense Connectors Market by Application Type:
Global Aerospace & Defense Connectors Market by Product Type:
Global Aerospace & Defense Connectors Market by Shape Type:
Global Aerospace & Defense Connectors Market by Sales Channel Type:
Global Aerospace & Defense Connectors Market by Region:
Stratview Research has number of high value market reports in the global aerospace & defense industry. Please refer to the following link to browse through our reports:
Some of our other premium market reports in the aerospace & defense industry:
Global Aerospace & Defense Ducting Market by Aircraft Type, by Application, by Pressure Type, by Materials Type, and by Region, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 – 2021
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