Aerospace & Defense Connectors Market Forecasted to Reach US$ 1,713.2 million in 2022

Stratview Research has launched a research report on Aerospace & Defense Connectors Market. The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Aerospace & Defense Connectors Market 2017 to 2022.

This 240-page report is segmented in six-ways to provide a 360-degree holistic view. The segments are –
● by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, and Others)
● by Application Type (Avionics and Control Systems, Interiors and IFE, and Others)
● by Product Type (Signal, Power, and Others)
● by Shape Type (Circular, Rectangular, and Others)
● by Sales Channel Type (Direct Sales, and Distributor Sales)
● and by Region
o North America (Country Analysis: The USA, Canada, and Mexico)
o Europe (Country Analysis: Germany, France, The UK, Spain, Russia, and Rest of the Europe)
o Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
o Rest of the world (Country Analysis: Middle East, Latin America, and Others)

Stratview Research, has presented the study of Aerospace & Defense Connectors Market over the trend period of 2011 to 2016 and forecast period of 2017 to 2022. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Amphenol Corporation, TE Connectivity, ITT Corporation, Esterline Technologies Corporation, Carlisle Interconnect Technologies, Glenair Inc., Bel Fuse Inc., Smiths Group Plc, Rosenberger Group, and Radiall Inc. are the dominant players in the global aerospace & defense connectors market. Long-term contracts and an advancement in the technology are the key strategies adopted by major players to gain a competitive edge in the market throughout the globe.

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Increasing production rate of commercial and regional aircraft

The aerospace & defense connectors market is projected to grow at a healthy CAGR (compound annual growth rate) of 5.1% over the next five years to reach US$ 1,713.2 million in 2022. Increasing production rate of commercial and regional aircraft, such as B737, A320, A350XWB, and C Series; upcoming aircraft & introduction of variants of existing aircraft, such as C919, MRJ, B737Max, A320neo, and E-2 Jets; rising global aircraft fleet; need for lower MRO (maintenance, repair, and overhaul) cost, high demand for the advanced avionic systems, and advancement in the connectors technology are major growth drivers of the aerospace & defense connectors market.

Narrow-body and wide-body aircraft are the growth engines in the market

The aerospace & defense connectors market is segmented based on aircraft type as narrow-body aircraft, wide-body aircraft, very large aircraft, regional aircraft, general aviation, helicopter, and military aircraft. Narrow-body and wide-body aircraft are the growth engines of the aerospace & defense connectors market during the forecast period of 2017 to 2022. Wide-body aircraft is projected to witness the highest growth during the same period, driven by increasing demand from Asia-Pacific and Middle-East regions. B777, A330, B787, and A350XWB are the major aircraft generating a healthy demand for connectors. Increasing production rate of B787 and A350XWB; upcoming variants of existing aircraft, such as B777x and A330neo; and rising wide-body aircraft fleet size would continue driving the market in the coming five years.

Signal connector to remain the most dominant

The aerospace & defense connectors market is segmented based on product type as the signal, power, RF connectors, fiber optics, ethernet, and others. Signal connector is likely to remain the most dominant product type in the market during the forecast period. Signal connectors, fiber optics, and RF connectors are estimated to witness impressive growth rates during the forecast period, driven by the demand for high-performance connectors which are faster, lighter, and have increased functionalities and power efficiencies.

Circular connector to remain the most dominant

The aerospace & defense connectors market is segmented based on shape type as circular, rectangular, and others. Circular connector is expected to remain the most dominant type during the forecast period, driven by its preference in a wide array of applications.

North America to remain the largest market

North America is projected to remain the largest market for connectors during the forecast period. North America is the manufacturing hub of the aerospace & defense industry with the presence of several large to small OEMs, tier players, and connector manufacturers. Increasing deliveries of Boeing and Bombardier aircraft, high demand for Lockheed Martin F-35, and large aircraft fleet size are the major drivers of connectors market in this region.

Asia-Pacific is expected to witness the highest growth during the forecast period. Commencement of commercial aircraft OEMs’ assembly plants in China, increasing demand for military aircraft; and upcoming indigenous commercial and regional aircraft, such as Comac C919 and Mitsubishi MRJ, fueled by increasing passenger traffic are likely to drive the demand for connectors in the region.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
● Market structure: Overview, industry life cycle analysis, supply chain analysis
● Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
● Market trend and forecast analysis
● Market segment trend and forecast
● Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
● Attractive market segments and associated growth opportunities
● Emerging trends
● Strategic growth opportunities for the existing and new players
● Key success factors.
● Research Methodology

This report studies the Aerospace & Defense Connectors Market, keeping in mind the interest of all the stakeholders across the value chain. The rich quality of insights is outcome of -
o Extensive secondary research,
o Rigorous primary interviews with more than 15 industry stakeholders across the value chain.
o Validation and triangulation of data with Stratview Research’s internal database and statistical tools.
o More than 700 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data.

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