Stratview Research delivers key insights on the global Aircraft Connectors Market. According to Stratview Research, the market is segmented 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.

The report also covers the Covid impact on the market. Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and an uptrend is witnessed from 2021.

Market Insights

The report suggests that the overall 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 some of 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

The report answers several questions related to the market. The user can get to know the answers to the following questions…

  • What is the global demand for Aircraft Connectors Market in terms of revenue?
  • Which are the prominent players in the market?
  • At what CAGR is the market projected to grow within the forecast period?
  • What are the driving factors fuelling the growth of the market?
  • Which region accounted for the largest share in the market?
  • How did the Covid19 impacted the market?
  • How long will it take to recover from the Covid impact?

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