Aircraft Wire and Cable Market Study, Competitive Strategies, Key Manufacturers, New Project Investment and Forecast 2027

Global Aircraft Wire and Cable Market is expected to grow from US$ 738.1 Mn in 2018 to US$ 1,412.8 Mn by the year 2027. This represents a CAGR of 7.6% from the year 2019 to 2027.

The global aircraft wire & cable market is segmented on the basis of type, fit type, aircraft type, and application. Based on type, the aircraft wire & cable market is segmented into harness, wire, and cable. On the basis of fit type, the market is segmented into line fit and retrofit. Further, the market is segmented on the basis of aircraft type into commercial and military. The market on the basis of application is classified into power transfer, data transfer, flight control system, avionics, and lighting.

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The market players present in Aircraft Wire and Cable Market are mainly focusing on global expansion by mergers & acquisition, and introducing new manufacturing facility. By signing partnership, contracts, joint ventures, funding, and inaugurating new offices across the world permit the companies to maintain its brand name globally.

Over the years, the aircraft fleet has significantly increased which resulted in the increasing installation of electrical and electronic equipment. Further, the rising focus on safety of the aircraft is expected to propel the market demand for aircraft wire and cables. The rapid expansion of the aviation sector globally and growing adoption of advanced technologies for the smooth functioning of aircraft is supplementing the growth of the market significantly.

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The key companies operating in the field of aircraft wire & cable that are profiled in the report include A.E. Petsche Company, AMETEK, Inc., Amphenol Corporation, Carlisle Interconnect Technologies, Collins Aerospace, PIC Wire & Cable, Radiall, Nexans SA, TE Connectivity, and W. L. Gore & Associates, Inc. Several other players are also functioning in the market worldwide, contributing significant revenue shares year on year.

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