How Much Revenue Aviation Connector Market Will Generate Globally Till 2027?Posted by Mrudula Anil Karmarkar on April 5th, 2022 The global aviation connector market size is expected to reach USD 7.2 billion by 2027, expanding at a CAGR of 6.3%, according to a new report by Grand View Research, Inc. The growth of the market can be attributed to the increased manufacturing of new aircraft in the commercial and military sectors for replacing the lesser efficient fleet. The governments of prominent countries such as U.S., Singapore, India, and China are making significant investments for upgrading their military jets and aircraft fleets, which are specially designed for harsh weather and war conditions. Moreover, the introduction of new technology and solution in business jets, commercial and general aircraft avionics systems such as real-time weather technology, supersonic avionics, and Open Mission Systems (OMS) Software is also expected to provide an impetus to market growth. The manufacturing of electronic boards and controls for aircraft require a different type of connectors such as PC card, Flat or ribbon Cable, Circular/Cylindrical, Nano, Micro, or Coaxial. The selection of the right type of connector is crucial in determining the functionality and service life of the component and electrical connection. As aircraft fly under high air pressure, the need for a sturdy and reliable connector becomes more vigilant. The use of advanced aviation connectors contribute towards robust avionic system performance and assist in achieving higher efficiency. With the growing competition, it has become essential for the aircraft manufacturer to incorporate such latest cutting-edge technology and components, which proves beneficial in driving their sales performance. Moreover, vendors in the aviation connector market space are keenly launching new products and adopting an expansion strategy to strengthen their foothold in the market. For instance, in October 2020, the Angelus Corporation division named PIC Wire and Cable launched MACHFORCE, which is a 10G Ethernet connectors line of product. Therefore, competition among the prevailing and emerging vendors is anticipated to intensify further in the next five years. Have a Query? Ask our experts: https://www.grandviewresearch.com/inquiry/7133/ibb Aviation connectors application is prevalent across aircraft lighting, user power systems, seat actuator, and intelligent peripheral devices of power ranging from low to high. The prominent vendors offer rugged connectors as these systems are subjected to rigorous operating conditions. For instance, TE Connectivity’s DEUTSCH DMC-M Series lightweight connectors for aircraft cabin and avionics is reliable modular solutions with coaxial, high-speed Ethernet, or optical contacts in sizes 8-22. These connectors can operate in temperatures spanning between minus 55°c to plus 175°c and provide robust resistance to vibration, ingress, smoke, fire, and other hazards as per BACC65, EN4165, and ARINC 809. Aviation Connector Market Report Highlights
The prominent vendors operating in the market are Amphenol Corporation; Bel Fuse Inc.; Carlisle Companies Inc.; Eaton Corporation; Esterline Corporation; Fischer Connectors SA; Conesys Inc.; ITT Corporation; Radiall and CONEC Elektronische Bauelemente GmbH; Rosenberger Group; Smiths Group PLC; and TE Connectivity. These companies have majorly opted for organic growth strategies to stay ahead in the highly competitive market. For instance, in April 2018, Elektron Technology U.K. Ltd. unveiled a series of LC fiber optic aviation connectors, which are well suited for the harsh operating environment and is one of the smallest sized rugged optical aviation connectors. Like it? Share it! More by this author |