Aircraft Wire and Cable Market Size, Share, Growth Report 2030

Aircraft Wire and Cable Market: Overview

The global Aircraft Wire and Cable Market, which was estimated at 740 (USD Million) in 2019 and is anticipated to accrue earnings worth 1,500 (USD Million) by 2026, is set to record a CAGR of nearly 6% over 2020-2026. The report offers valuation and analysis of the Aircraft Wire and Cable Market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2019 along with a forecast from 2020 to 2026 based on value (USD Million).

Aircraft Wire and Cable Market: Introduction

Aircraft wire & cables are flexible, tough, and thin and are fabricated through many metals like stainless steel alloys and copper alloys. These products are utilized for transmitting electric signals and electric power. These products are bound by electrical tape, conduit, and rubber. They have the ability to withstand extreme temperatures and exhibit rust-resisting features. Apparently, stainless steel alloys and galvanized steel are largely used conductor materials in the production of aircraft wire and cables.

Aircraft Wire and Cable Market: Growth Dynamics

Thriving aerospace & aviation business to make substantial contributions towards overall aircraft wire and cable market revenue during the forecast timespan. Apart from this, with the rapid expansion of the commercial aviation industry, the aircraft fleet sector has gained momentum and this has culminated in the growing demand for deploying electric & electronic devices for various operations. This, in turn, has added to the growing use of aircraft wire and cables, thereby driving the market trends.

Furthermore, the need for repairs, improvement in current aircraft design, and replacement of aircraft wires & cables, as well as electric wiring, will prompt the expansion of the industry over the forecast timeline. Nonetheless, the low availability of experts for deploying particular kinds of aircraft wires and cables can be risky and this can retard the market growth.

North American Industry To Retain Dominant Position Even In Foreseeable Future

The growth of the industry in the sub-continent over the estimated timeline is owing to the availability of robust infrastructure facilities and the presence of renowned aircraft manufacturers like Boeing and Bombardier in the countries like the U.S. and Canada. Moreover, rise in the tourism, as well as medical tourism activities in the region, will prompt the expansion of the aircraft wire and cable industry in the sub-continent over the forecast timespan.

Key players profiled in the report and leveraging the market progression include Rockwell Collins, Pic Wire & Cable, TE Connectivity, and Carlisle Companies.

The global aircraft wire and cable market is segmented as follows:

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

By Fit

• Linefit
• Replacement

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of The Middle East & Africa