The Aircraft Wire and Cable Market size is projected to reach a CAGR of 5.9% from 2022 to 2028.
Aircraft Cable refers to the collection of wires which are specially designed and constructed with particular dimensions and are usually used for the purpose of flight controls in an aircraft. A cable is a collection of conducting wires which are parallel bonded with each other and made out in a cable. Wires used in aircraft are made up of galvanized steel wire or stainless-steel wire.
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Raised aircraft renewals along with the recent digitalization and automation in aircrafts are some of the factors that have supported long-term expansion for Aircraft Wire and Cable Market.
Recent Developments
In November 2021, Collins aerospace announced the acquisition of Dutch Thermoplastic Components (DTC) which is a leading brand in the development and fabrication of structural thermoplastic composite parts. The aim of the acquisition by collins is to expand the use of advanced thermoplastics to make aircraft lighter and more fuel-efficient.
Prominent Players
· Amphenol Corporation
· Carlisle Interconnect Technologies
· Collins Aerospace
· TE Connectivity
· Nexans SA
· Axon Cable
· Sanghvi Aerospace (P.) Ltd.
· Tyler Madison, Inc.
· Bergen Cable
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North America to Dominate the Market
North America is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the presence of key players and manufactures in the region.
Aircraft Wire and Cable Market Segmentation:
On the basis of Component
· Aircraft Harness
· Aircraft Wire
· Aircraft Cable
On the basis of End Use
· OEM
· Aftermarket
On the basis of Aircraft Type
· Fixed Wing
· Rotary Wing
· Unmanned Aerial Vehicles
· AA
On the basis of Insulation Type
· Thermoplastic
· Thermosetting
On the basis of Conductor Medium
· Stainless Steel Alloys
· Copper Alloys
· Aluminium Alloys
On the basis of Application
· Flight Control Systems
· Lighting
· Data Transfer
· Power Transfer
Based on region:
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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