The aircraft wire and cable market has been segmented on the basis of type, application, fit, aircraft type, and region. TE Connectivity (Switzerland), Amphenol Corporation (US), Rockwell Collins (US), Ametek (US), Radiall (France), Carlisle Companies (US), Pic Wire & Cable (US), W.L. Gore & Associates (US), A.E. Petsche Co. (US), and Leviton (US) are some of the main manufacturers in this market.
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Aircraft wire and cable market 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. Over years, passenger traffic has increased in UAE and emerging countries, like India and China.
In addition, airlines are demanding lightweight and fuel-efficient aircraft with enhanced engine efficiency to reduce operational cost and increase profit margins.
Target Audience for this Report
- Wholesalers, Retailers, and Distributors of Aircraft Wires and Cables
- Aircraft Manufacturers
- Subcomponent Manufacturers
- Technology Support Providers
- Research Bodies
- Aircraft Manufacturers
- Raw Material Suppliers
- Aircraft Maintenance, Repair & Overhaul (MRO) Companies
- Airline Operators
Aircraft harness segment estimated to lead aircraft wire and cable market in 2017. Owing to features like vibration & abrasion resistance, space optimization, & easy installation, aircraft harnesses are widely used when compared to individual wires & cables.
Demand for aircraft harness is also expected to grow during forecast period due to increase in number of commercial passenger & cargo aircraft across globe.
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The aircraft wire and cable market has been segmented into flight control system, lighting, data transfer, power transfer, avionics, and others. The lighting segment is expected to grow due to the increasing demand for new aircraft.
Hence, the increase in commercial air travel globally and the rising defense budgets of prominent economies are expected to drive the demand for aircraft wires and cables.
Aircraft Wire and Cable Market, By Application
- Power Transfer
- Data Transfer
- Flight Control System
Aircraft Wire and Cable Market, By Aircraft Type
- Civil Aircraft
- General Aviation Aircraft
- Commercial Passenger & Cargo Aircraft
- Civil Helicopters
- Military Aircraft
- Fighter Jets
- Military Helicopters
- Transport Carriers
Aircraft wire and cable market has been segmented into linefit and retrofit. Linefit segment is projected to grow at a higher CAGR as compared to the retrofit segment during the forecast period.
Projected 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 an increase in air passenger traffic.
The study segments the aircraft wire and cable market based on application (flight control system, lighting, data transfer, power transfer, avionics, and others), type (aircraft wire, aircraft harness, and aircraft cable), fit (linefit and retrofit), aircraft type (civil aircraft, military aircraft), and maps these segments and sub segments across major regions, namely, North America, Europe, Asia Pacific, and RoW (Rest of the World).
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