Quick Summary:
In an ever-evolving world, the aviation industry is continually seeking advancements in safety, performance, and efficiency. Our comprehensive report arms business leaders with key insights into the rapidly expandingAircraftWiresandCablesIndustry. Currently valued at $1.7 billion, sharp growth is expected for this sector, projected to reach a net worth of $2.5 billion by 2030. This report is an invaluable resource for executives seeking to navigate this burgeoning market and capitalize on its momentous growth.
Delving into detailed analysis of market segments, this report features an in-depth investigation into Harnesses, expected to experience a CAGR of 4.8%, achieving $1.2 billion by 2030. This research also evaluates influential markets like the United States, currently valued at $465.1 million, and China, projected to grow at a formidable 6.9% CAGR. Strategic insights into numerous global competitors are also included, providing a holistic perspective on the market dynamics, facilitating intelligent decision-making.
Global Aircraft Wires and Cables Market to Reach $2.5 Billion by 2030
The global market for Aircraft Wires and Cables estimated at US$1.7 Billion in the year 2022, is projected to reach a revised size of US$2.5 Billion by 2030, growing at a CAGR of 4.6% over the analysis period 2022-2030. Harnesses, one of the segments analyzed in the report, is projected to record 4.8% CAGR and reach US$1.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Wires segment is readjusted to a revised 4.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $465.1 Million, While China is Forecast to Grow at 6.9% CAGR
The Aircraft Wires and Cables market in the U.S. is estimated at US$465.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$534.2 Million by the year 2030 trailing a CAGR of 6.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 4.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR.Select Competitors (Total 43 Featured) -
- A.E. Petsche, An Arrow Company
- AMETEK, Inc.
- Amphenol Corporation
- Carlisle Companies, Inc.
- Leviton Manufacturing Co., Inc.
- PIC Wire & Cable
- Radiall Ltd.
- TE Connectivity
- W.L. Gore & Associates, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Aircraft Wires and Cables?
What is the growth rate of the Global Market for Aircraft Wires and Cables?
What is the forecasted size of the Global Market for Aircraft Wires and Cables?
Who are the key companies in the Global Market for Aircraft Wires and Cables?
| Report Attribute | Details |
|---|---|
| No. of Pages | 243 |
| Published | December 2023 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD | $ 1.5 Billion |
| Forecasted Market Value ( USD | $ 2.1 Billion |
| Compound Annual Growth Rate | 4.9% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- A.E. Petsche, An Arrow Company
- AMETEK, Inc.
- Amphenol Corporation
- Carlisle Companies, Inc.
- Leviton Manufacturing Co., Inc.
- PIC Wire & Cable
- Radiall Ltd.
- TE Connectivity
- W.L. Gore & Associates, Inc.
