The Global Aircraft Wire and Cable Market was valued at US$ 716.63 million in 2020 and is projected to reach US$ 1,153.64 million by 2027; it is expected to grow at a CAGR of 6% during the forecast period from 2021 to 2027.
Aircraft wires and cables are flexible, thin, and very robust cables made from numerous metals such as copper alloys, stainless steel alloys. A good balance of strength, flexibility, and lightweight is the most important factor in Aircraft Wire & Cables. Aircraft wires and cables are specially engineered to withstand harsh temperatures and demonstrate corrosion resistance. On a commercial scale, stainless steel alloys and galvanized steel forms are the most adopted conductor types in the aircraft wire and cable market. Stainless steel-based aircraft wires and cables are constructed through thin steel wires tied together to provide greater flexibility and strength. Although galvanized steel is much cheaper and stronger than stainless steel, it is strongly recommended for aircraft wires and cables in mild environments. For effective operation and quality assessment purposes, aircraft wires and cables must pass certain inspections and certifications, which can result in high operating costs if the guidelines are not properly followed.
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Market Segments
By Application
- Power Transfer
- Data Transfer
- Flight Control Systems
- Avionics
- Lighting
- Others
By Type
- Wire
- Cable
- Harness
By Aircraft Type
- Civil Aircraft
- General Aviation Aircraft
- Commercial Passenger & Cargo Aircraft
- Civil Helicopters
- Military Aircraft
- Fighter Jets
- Military Helicopters
- Transport Carriers
Key Players
Key players in the global aircraft wires and cables market are Amphenol Corporation (US), AMETEK, Inc. (US), Arrow Electronics, Inc. (US), Carlisle Companies Inc. (US), Leviton Manufacturing Co., Inc. (US), The Angelus Corporation (US), Radiall (France), Collins Aerospace (US), TE Connectivity (Switzerland), W.L.Gore & Associates, Inc. (US), NEXANS (France).
Scope of the Report
The research study analyzes the global Aircraft Wire and Cable industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Aircraft Wire and Cable Market Report
1. What was the Aircraft Wire and Cable Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Aircraft Wire and Cable Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Aircraft Wire and Cable Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Aircraft Wire and Cable market.
- The market share of the global Aircraft Wire and Cable market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Aircraft Wire and Cable market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Aircraft Wire and Cable market.
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
