GAITHERSBURG, Maryland, Aug. 28, 2019 /PRNewswire/ -- According to Stratistics MRC, the Global Aviation Connectors Market is accounted for $4.15 billion in 2017 and is expected to reach $7.38 billion by 2026, growing at a CAGR of 6.6% during the forecast period.
Some of the key players profiled in the Aviation Connectors Market include TE Connectivity, Bel Fuse Inc., ITT Corporation, Amphenol Corporation, Rosenberger Group, Carlisle Companies Inc., Conesys Inc., Esterline Corporation, Smiths Group PLC, Fischer Connectors SA, Eaton Corporation, Radiall, and CONEC Elektronische Bauelemente GmbH.
Factors such as enlarge in the demand for aircraft, rising concerns for flight safety and adoption of modern electric systems in aircraft are some of the factors driving the market growth. However, high initial installation cost and existing backlogs of aircraft deliveries are hampering the market growth.
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Aviation connector is also called as any electrical connector. These are developed to give solutions for the present generation of aircraft. The technology that is used in these connectors helps to monitor both the consistency necessary for right critical systems as well as environmental concerns such as shock, vibration and intense temperature ranges. Aviation connector possessing multi-pin interconnects with contact housings and contact interface geometries.
Amongst Application, the avionics segment is expected to grow at the significant market share during the forecast period. Enlargement of this segment can be attributed to the augment in aircraft orders and deliveries across the world and require recent avionic systems. Growing concerns over flight safety and functioning & maintenance costs have led to the need for modern avionics systems.
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By Geography, Asia-Pacific is anticipated to grow at a considerable market share during the forecast period. This market in APAC has grown, due to the increase in aircraft orders in the past five years and overall expansion in the procurement of aircraft, therefore propelling the demand for aviation connectors.
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Platforms Covered:
- Rotary Wing
- Fixed Wing
Shapes Covered:
- Rectangular
- Circular
Types Covered:
- Fiber Optic
- High Power
- RF Connectors
- PCB (Printed Circuit Board)
- High Speed
Applications Covered:
- Cabin Equipment
- Landing Gear
- Avionics
- Engine Control System
- Other applications
End Users Covered:
- Military
- Commercial
- Business Jets
- Other End Users
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- UK
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
Contact Info:
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Email: [email protected]
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: https://www.strategymrc.com
SOURCE Stratistics Market Research Consulting Pvt Ltd
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