According to a market report by Lucintel, the future of the global aviation connector market looks promising with opportunities in the commercial, business jet, and military markets. The global aviation connector market is expected to reach an estimated $5.6 billion by 2028 with a CAGR of 5.5% from 2023 to 2028. The major drivers for this market are growing number for aircraft orders and deliveries across the globe, increasing demand for technologically advanced avionic systems, and rising concern towards flight safety.
In this market, steel, PCB connectors, fiber optic connectors, high power connector, high speed connectors, and RF connectors are the different type segments. Lucintel forecasts that fiber optic connectors will remain the largest type segment over the forecast period as it helps in data transmission at higher speeds along with its increasing adoption in the latest telecommunication technologies, like FTTx applications.
Landing gear, avionics, cabin equipment, and engine control systems are different segments of aviation connector market by application. Lucintel forecasts that avionics will remain the highest growing segment due to its increasing usage in connecting various avionics systems, such as navigation, communication, and surveillance systems, as it ensures high reliability and durability in extreme conditions.
APAC will remain the highest growing region over the forecast period due to increasing air passenger traffic, modernization of aircraft systems, and growing demand for business jets, commercial, and military aircrafts in the region.
TE Connectivity, Amphenol, Carlisle Group, Bel Fuse, Eaton, Smiths Group, Esterline, Conesys, and Fischer Connectors are the major suppliers in the global aviation connector market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global aviation connector market by type, application, end use industry, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Aviation Connector Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global aviation connector market by type, application, end use industry, and region, as follows:
Aviation Connector Market by Type [Shipment Analysis by Value from 2017 to 2028]:
PCB Connectors
Fiber Optic Connectors
High Power Connectors
High Speed Connectors
RF Connectors
Others
Aviation Connector Market by Application [Shipment Analysis by Value from 2017 to 2028]:
Landing Gears
Avionics
Cabin Equipment
Engine Control Systems
Others
Aviation Connector Market by End Use Industry [Shipment Analysis by Value from 2017 to 2028]:
Commercial
Business Jets
Military
Others
Aviation Connector Market by Region [Shipment Analysis by Value from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the global aviation connector market by type (PCB connectors, fiber optic connectors, high power connectors, high speed connectors, RF connectors, and others), application (landing gears, avionics, cabin equipment, engine control systems, and others), end use industry (commercial, business jets, military, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?