The global Aviation Connector market size is expected to be worth around US$ 7.1 billion by 2027, according to a new report by Vision Research Reports.
The global Aviation Connector market size was valued at US$ 4.4 billion in 2019 and is anticipated to grow at a CAGR of 6.2% during forecast period 2020 to 2027.
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The increasing demand for aircraft across the globe, the manufacturing of advanced avionics systems, and improving flight safety are the major growth factors for the market. Moreover, the need for vibration-free and reliable connectors further bolstered the demand for aviation connectors in the market.
The growth of the market can be attributed to the increased manufacturing of new aircraft in the commercial and military sectors for replacing the lesser efficient fleet.
- The commercial segment accounted for over 56% of the revenue share in 2019
- Revenue from the PCB connector segment is expected to reach approximately USD 1.3 billion by 2027 The growth of the segment is attributed to the need for connecting electrical components securely, which facilitates transmission of signal and power between the boards in the aviation system
- The North America region is expected to dominate the global aviation connector market by 2027 owing to the presence of a large manufacturing hub for commercial, military, and trainer aircraft
Amphenol Corporation; Bel Fuse Inc.; Carlisle Companies Inc.; Conesys Inc.; Eaton Corporation; Esterline Corporation; Fischer Connectors SA; ITT Corporation; Radiall and CONEC Elektronische Bauelemente GmbH; Rosenberger Group; Smiths Group PLC; and TE Connectivity.
Aviation Connectors Type Outlook
- Fiber Optic
- High Power
- High Speed
Aviation Connectors Shape Outlook
Aviation Connectors End-user Outlook
- Business Jets
Aviation Connectors Regional Outlook
- North America
- Asia Pacific
- Latin America
- Middle East & Africa (MEA)
The study objectives of this report are:
- To analyze and study the global market capacity, production, value, consumption, status (2016-2019) and forecast (2020-2027);
- Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- To define, describe and forecast the market by type, application and region.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
- To strategically profile the key players and comprehensively analyze their growth strategies.
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