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Aircraft Wire and Cable Market to Witness Robust Expansion by 2028

12-01-2022 07:50 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Aircraft Wire and Cable Market to Witness Robust Expansion

The global aircraft wire and cable market is anticipated to grow at a CAGR of 5.9% during the forecast period. Digitalization improves the work operations in the cockpit and eases pilot functions. It also provides immediate and future benefits to airlines for flight operations involved at each stage. Thus, owing to the rising digitalization in the aircraft industry, the key market players are increasingly involved in adopting various strategies such as partnerships and collaboration with technology companies to bring digitalization to the aviation industry. For instance, in November 2021, Airbus, partnered with FPT Software Ltd., a software services company to introduce innovative solutions and accelerate digital transformation in the aviation industry. FPT Software Ltd. provides a new set of solutions on Airbus's open data platform and leveraging the capabilities in AI, ML, cloud, and others. Through this partnership, both companies are expected to support more than 140 airlines and 9,500 commercial aircraft globally. Moreover, due to digitalization apps, services, and documents defining the future flight deck are becoming more accessible to pilots. Cable and wires are required to connect these digital systems in every aircraft section, thus it driving the overall aircraft wire and cable market.

To Request a Sample of our Report on Aircraft Wire and Cable Market:  https://www.omrglobal.com/request-sample/aircraft-wire-and-cable-market

Furthermore, the growing requirement for electrification to reduce higher fuel costs and carbon emissions is another factor fueling the aircraft wire and cable market growth. Key players are launching cables according to the requirements of the electric aircraft industry further supporting the market growth. For instance, in November 2021, W. L. Gore & Associates launched GWN3000 Series, GORE high-performance aerospace wires. The product is recognized in the 2021 Military & Aerospace Electronics Technology Innovators Awards. The GWN3000 series provides a higher level of mechanical and electrical performance over time in current and next-gen aircraft and the series ensures electrical wire interconnection systems reliability, improves safety and reduces total lifecycle costs.

Market Coverage

The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028

Segment Covered- 

By Application
By Type
By Aircraft Type

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including Draka UK Ltd., Glenair, Inc., Harbour Industries, LLC, Leviton Manufacturing Co., Inc., Loos & Co., Inc., Miracle Electronics Devices Pvt. Ltd., and others.

A full Report of Aircraft Wire and Cable Market is Available @  https://www.omrglobal.com/industry-reports/aircraft-wire-and-cable-market

Aircraft Wire and Cable Market Report Segment

By Application

Power Transfer 
Data Transfer 
Flight Control Systems
Avionics
Lighting

By Type 

Wire
Cable 
Harness 

By Aircraft Type 

Civil Aircraft
General Aviation Aircraft
Commercial Passenger & Cargo Aircraft
Civil Helicopters
Military Aircraft

Aircraft Wire and Cable Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles 

AMETEK, Inc.
Amphenol Corp.
Arrow Electronics, Inc.
Axon Enterprise, Inc.
Carlisle Companies Inc
DBA Lexco® Cable
Draka UK Ltd.
Glenair, Inc.
Harbour Industries, LLC
Leviton Manufacturing Co., Inc.
Loos & Co., Inc.
Miracle Electronics Devices Pvt. Ltd.
NEXANS
Radiall SA
Raytheon Technologies
TE Connectivity Ltd.
Tyler Madison, Inc.
The Angelus Corp
L. Gore and Associates, Inc.

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/aircraft-wire-and-cable-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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