Global Aircraft Wire and Cable Market report published by Accurize Market Research forecast that the global market is expected to reach $927 million by 2022; growing at a CAGR of 6.2% from 2017 to 2025. By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
Growing passenger traffic in emerging nations and aircraft transformation programs to drive the growth of the market
Growing passenger traffic in emerging nations and aircraft transformation program fuels the demand for the global aircraft wire and cable market. Furthermore, the emergence of new aircraft manufacturers and the rapid upsurge of passengers in the emerging nations also boosts the growth of the market.
The global aircraft wire and cable market have been bifurcated on the basis of type, application, fit, aircraft type, and geography. Based on type, the aircraft wire and cable market have been segmented into aircraft harness, aircraft wire, and aircraft cable. Based on application, the aircraft wire and cable market have been segmented into the flight control systems, data transfer, lighting, power transfer, avionics, and others. Based on fit, the aircraft wire and cable market have been segmented into retrofit and line-fit. On the basis of aircraft type, the aircraft wire and cable market have been segmented into civil aircraft and military aircraft.
By geography, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). The U.S. and Canada are countries under North America wherein Europe covers U.K, Germany, France, and others. Asia-Pacific covers China, India, Japan, and the rest of Asia-Pacific. RoW covers South America, the Middle East, and Africa.
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Top players in the market
The key players operational in the market includes TE Connectivity, Amphenol Corporation, Rockwell Collins, Ametek, Radiall, Carlisle Companies, Pic Wire & Cable and W.L. Gore & Associates among others.