Aircraft Wire and Cable Market 2022 Growth Factors, Revenue, Manufacturers, Applications, Regions.

Aircraft wire and cable market is projected to grow from USD 695.2 Million in 2017 to USD 926.4 Million by 2022, at a CAGR of 5.91% between 2017 and 2022, Increased number of orders for new aircraft across the globe, modernization of existing aircraft, and rise in demand for more electric aircraft and the glass cockpit concept are the major factors driving the aircraft wire and cable market.

Based on type, the aircraft wire segment of the aircraft wire and cable market is projected to grow at the highest CAGR during the forecast period. The growth of the aircraft wire segment can be attributed to the increasing demand for new aircraft, thus, increasing the demand for aircraft wires and cables.

Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownload.asp?id=105042386

Based on aircraft type, the civil aircraft segment is projected to grow at a higher CAGR as compared to the military aircraft segment during the forecast period. The civil aircraft segment has witnessed significant growth in the past few years due to the increasing air traffic and the rise in the disposable income of the middle-class population across the globe.

Based on application, the lighting segment of the aircraft wire and cable market is estimated to grow at the highest rate during the forecast period. The growth of this segment can be attributed to the replacement/retrofitting of wires and cables used for cabin lighting, and interior and exterior lighting of an aircraft. Wires and cables are used to transfer the energy required to power up high-intensity lights, lamps, beacons, etc.

The linefit segment of the aircraft wire and cable market is projected to grow at a higher CAGR as compared to the retrofit segment during the forecast period. The higher growth rate of the linefit segment can be attributed to the increase in aircraft orders as well as deliveries, economic growth across regions, and a rise in the air passenger traffic.

Major companies profiled in the aircraft wire and cable market report are TE Connectivity (Switzerland), Amphenol (US), Rockwell Collins (US), AMETEK (US), Radiall (France), Carlisle Companies (US), Pic Wire & Cable (US), W.L. Gore & Associates (US), A.E.Petsche (US), and Leviton (US), among others.

About MarketsandMarkets

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441

You May Also Like