Electrification and Digitalization Drive Aircraft Wire & Cable Market Growth 2023

Global Aircraft Wire & Cable Market

Dublin, Aug. 07, 2023 (GLOBE NEWSWIRE) -- The "Global Aircraft Wire & Cable Market by Fit (Linefit, Retrofit), Type (Aircraft Cable, Aircraft Harness, Aircraft Wire), Aircraft, Application - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.The Global Aircraft Wire & Cable Market size was estimated at USD 1.10 billion in 2022, USD 1.19 billion in 2023, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 7.76% to reach USD 2.01 billion by 2030. The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Aircraft Wire & Cable Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic.

Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.Market Segmentation & Coverage:This research report categorizes the Global Aircraft Wire & Cable Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Fit, the market is studied across Linefit and Retrofit. The Retrofit is projected to witness significant market share during forecast period.

Based on Type, the market is studied across Aircraft Cable, Aircraft Harness, and Aircraft Wire. The Aircraft Wire is projected to witness significant market share during forecast period.

Based on Aircraft, the market is studied across Civil Aircraft and Military Aircraft. The Civil Aircraft is further studied across Civil Helicopter, Commercial Passenger & Cargo Aircraft, and General Aviation. The Military Aircraft is further studied across Fighter Jet, Military Helicopter, and Transport Carrier. The Military Aircraft is projected to witness significant market share during forecast period.

Based on Application, the market is studied across Avionics, Data Transfer, Flight Control System, Lighting, and Power Transfer. The Lighting is projected to witness significant market share during forecast period.

Based on Region, the market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States.

Market Statistics:The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.FPNV Positioning Matrix:The FPNV Positioning Matrix is essential for assessing the Global Aircraft Wire & Cable Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).Market Share Analysis:The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.The report provides insights on the following pointers:

Market Penetration: Provides comprehensive information on the market offered by the key players

Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation

Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

Market Dynamics

Drivers

Growing number of orders for new aircraft across the globe

Electrification and digitalization of aircraft systems

Emergence of more and all-electric aircraft

Restraints

Delay and backlog in aircraft deliveries

Opportunities

Emergence of new aircraft manufacturers

Demand for electric aircraft and glass cockpit system

Challenges

Complexities associated with installing and upgrading of wire harness

Companies Mentioned

Arrow Electronics, Inc.

Carl Stahl Sava Industries, Inc.

Carlisle Interconnect Technologies

Griplock Systems, LLC

Harbour Industries, LLC

Judd Wire, Inc.

Lexco Cable, Inc.

Nexans S.A.

PIC Wire & Cable

Production Resource Group, L.L.C.

Radiall SA

SANGHVI AEROSPACE (P.) LTD.

TE Connectivity Limited

The Angelus Corporation

W. L. Gore & Associates, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/kc973q

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Global Aircraft Wire & Cable Market