Stratview Research has launched a new report, titled Aircraft Connectors Market, By Type (PCB Connectors, Fiber Optic Connectors, High Power Connectors, High Speed Connectors, RF Connectors, Others), By End Use (Commercial, Business Jets, Military, Others), and Region
Covid-19 Impact Analysis:
Covid-19 has highly impacted the market dynamics, competition, and supply chain of almost all industries. The revenues have gone down in 2020 and are expected to resume an uptrend gradually from 2021 and continue to grow further. The report covers all the segments that were affected by the pandemic.
According to the report, The Aircraft Connectors Market is estimated to grow from USD 4.72 billion in 2020 to USD 6.48 billion by 2026 at a healthy CAGR of 6.5% during the forecast period.
Market Segments’ Analysis
Based on type, the aircraft connectors market has been classified into PCB connectors, fiber optic connectors, high power connectors, high-speed connectors, RF connectors, others. The fiber optic connectors segment accounted for the largest market share in 2020. This is mainly attributed to the growing need for fiber optics aviation connectors for data transmission at higher speeds and its usage in the latest telecommunication technologies such as the FTTx application.
By region, the North American Aircraft Connectors market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period. The Aircraft Connectors market growth is mainly propelled by mainly due to the presence of major aircraft manufacturers as well as aircraft avionics system manufacturers in the region. Also, increasing air travel rate, growing aircraft expenditure, and stringent standards for aircraft electronics. further boosts the regional market growth.
The Asia-Pacific Aircraft Connectors market is expected to grow at a healthy CAGR during the review period. The regional growth is ascribed to the demand for experimental aircraft, business jets, commercial, and military aircraft in India, China, and Japan. Furthermore, India is likely to witness the soaring demand for aviation connectors in military & aerospace avionics systems, thereby bolstering the regional market growth.
Key Players
The following are the key players in the Aircraft Connectors market
- Amphenol Corporation (US)
- TE Connectivity Ltd. (Switzerland)
- SOURIAU SAS (France)
- Radiall SA (France)
- ITT Inc. (US)
- Cooper Industries (Eaton Corporation) (US)
- Smiths Interconnect Inc. (Smiths Group PLC) (US)
- Rosenberger Group (Germany)
- Carlisle Interconnect Technologies (Carlisle Companies Inc.) (US)
- Conesys Inc. (US)
Frequently Asked Questions –
This report provides vital information and valuable insights, enabling the users to identify the strategic growth opportunities in the market. The report aims at answering the following key questions:
- What is the current and future market size of Aircraft Connectors market?
- How has the COVID-19 pandemic impacted the market? How fast is it expected to recover?
- What will be the short and long-term effects of the pandemic?
- How are other market factors affecting the market dynamics?
- Which segments offer high-growth opportunities in the long run?
- How fierce is the Aircraft Connectors market competition?
- What are the key emerging trends and unmet needs in the present market?
- What are the strategic growth opportunities and key success factors?
Read the full report: https://www.stratviewresearch.com/2462/Aircraft-Connectors-Market.html
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