Press release
Aircraft Cables Market: Global Industry Analysis and Opportunities by 2030 | Covid 19 Impact And Recovery
Aircraft Cables Market
The global aircraft cables market was worth $3.53 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 6.64% and reach $4.56 billion by 2023.
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The aircraft cables market consists of sales of aircraft cables products and related services which are used in cabin management, wires and pipelines in aircrafts. The cables are made by stranding thin steel wires together to offer high versatility, strength and flexibility. Aircraft cables are used in control systems, lighting, data transfer, power transfer, avionics, and data transmission.
The increasing demand for the production of new aircrafts across the world promotes the growth of aircraft cables market. Aircraft cables are used to establish an aircraft electrical system and to transmit signals into electrical power in commercial aircraft, military aircraft, civil helicopters, and military helicopters. Thus, the increase in demand for aircrafts holds a positive effect on the demand for the production of aircraft wires. The International Air Transport Association (IATA) predicts an increase to 7.2 billion passengers by 2035 from 3.8 billion in 2016. According to the forecast by AirBus in 2019, air traffic is estimated to grow at 4.3% annually till 2038, following a demand of 39,200 new passenger and dedicated freighter aircraft over the period. Further, in 2019 Paris Air Show, Airbus, an aircraft manufacturer, signed a deal of 387 order from AirLease, a U.S. based aircraft leasing company. The deal includes a total of 27 A321XLRs aircrafts. The increased production of new aircrafts will result in the increase demand for aircraft cables.
Aircraft Cables Market Segmentation: -
By Type
Stainless Steel Material
Galvanized Steel Material
By Aircraft Type
Military Aircraft
Civil Aircraft
By Sales Channel
Aftermarket
Original Equipment Manufacturer (OEM)
By Application
General Aviation
Airliner
Business Aircraft
Others
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Few Points From Table Of Content
1. Executive Summary
2. Aircraft Cables Market Characteristics
3. Aircraft Cables Market Size And Growth
4. Aircraft Cables Market Segmentation
5. Aircraft Cables Market Regional And Country Analysis
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24. Africa Aircraft Cables Market
25. Aircraft Cables Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Aircraft Cables Market
27. Aircraft Cables Market Trends And Strategies
28. Aircraft Cables Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the Aircraft Cables Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Aircraft Cables Market are TE Connectivity , Amphenol , AMETEK, Inc. , Loos & Co., Inc., Radiall, Pic Wire & Cable , W.L. Gore & Associates, A.E.Petsche, Arrow Electronics, Inc., Collins Aerospace
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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