Quick Summary:
In the dynamic and globally interconnected landscape of aviation, understanding the trends and factors that shape the aircraft cables market is paramount to making informed business decisions. This comprehensive market research report presents an up-to-date, detailed analysis laying bare the intricate workings of this critical industry.
From identifying key players such as TE Connectivity, Amphenol, and AMETEK Inc., to dissecting the major types of aircraft cables including stainless steel and galvanized steel material, the report dives deep into the essentials. With the surging demand for new aircraft's production and technological advances in high-performance data applications within airline systems, the opportunities in this field are substantial. Crucial market drivers, potential setbacks such as aircraft backlogging, and sweeping industry trends are dissected to present an all-encompassing view of the aircraft cables market. This report is your guide to unlocking new insights and opportunities in this flourishing sector.
The global aircraft cables market is expected to grow from $3.65 billion in 2021 to $4.08 billion in 2022 at a compound annual growth rate (CAGR) of 11.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services effecting many markets across the globe. The aircraft cables market is expected to reach $5.53 billion in 2026 at a CAGR of 7.9%.
The aircraft cables market consists of sales of stainless steel aircraft cables, galvanized steel aircraft cables, and other aircraft cables. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Aircraft cables are defined as cables that 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. Aircraft cables are used in cabin management, wires, and pipelines in aircraft.
North America was the largest region in the aircraft cables market in 2021. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The main types of aircraft cables are stainless steel material and galvanized steel material. Steel is galvanized when it is hot-dipped in a zinc coating solution. This coating guards the steel against particle corrosion as well as general surface scratches and abrasions. Aircraft cables are used in military aircraft, and civil aircraft and are sold through aftermarket and original equipment manufacturer (OEM) sales channels. Aircraft cables are used in general aviation, airliner, business aircraft, and other applications.
The increasing demand for the production of new aircraft across the world promotes the growth of the aircraft cable market. Aircraft cables are used to establish an aircraft’s 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 aircraft holds a positive effect on the demand for the production of aircraft wires. For instance, in March 2021, according to the International Air Transport Association (IATA), a Canada-based trade association of the world's airlines, the total number of travelers in 2021 was 47% higher as compared to previous years and is anticipated to rise to 83% in 2022, 94% in 2023, 103% in 2024, and 111% in 2025. According to the forecast by Airbus in 2022, demand for passenger traffic is estimated to grow at 3.6% over the next 20 years, following demand for 39.490 new passenger and freighter aircraft over the period. The increased production of new aircraft will result in an increased demand for aircraft cables.
The growth of the aircraft cable market is restricted because of the backlogging of aircraft. The aircraft backlog hampers the demand for aircraft cables. Aircraft backlog occurs when the orders of aircraft manufacturing have not been fulfilled or run the risk of their potential cancellation or postponement in their date of delivery. The cases of accidents of aircraft that impact the sale of new aircraft, heavy competition among the aircraft producers, and the time required to build a new aircraft result in heavy backlogs in many cases. Thus, the huge number of aircraft backlogs may result in an opportunity loss for the companies in the aircraft manufacturing to manufacture new aircraft, thus, reducing the demand for aircraft cables. For instance, in March 2020, GoAir, a Mumbai-based Indian airline, had to suspend a few of its flights due to the failure of Airbus to deliver aircraft as per their deal. Airbus was expected to deliver 144 Airbus A320neo planes on order from GoAir through the period of 2016-2020. Thus, the results of aircraft backlog hamper the demand for new aircraft cables, negatively affecting the growth of the aircraft cables market.
The companies involved in the aircraft cable market are investing in producing cables to meet the need for high-performance data applications required in aircraft systems. Such high-performance data applications are used in cabin management systems, ethernet backbones, computers, servers, and low-skew video. Following the trend, in January 2021, Carlisle Interconnect Technologies US-based designers and manufacturers of high-performance wire and cable introduced UTiPHASETM microwave cable assembly, which is capable of delivering outstanding electrical phase stability versus temperature without compromising microwave performance. They are ideal in defense, space, and testing applications.
In January 2020, Loos & Co., Inc, a US-based leading manufacturer of military specification aircraft cable and aircraft cable assemblies acquired Sheaves, In. for an undisclosed amount. Through this acquisition, Loos & Co., Inc aims to strengthen its portfolio in wire and cable manufacturing. Sheaves, Inc is a US-based manufacturer of pulleys and sheaves for the wire and wire rope industry.
The countries covered in the aircraft cables market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless otherwise specified).
The revenues for a specified geography are consumption values - that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products.
The aircraft cables market research report is one of a series of new reports that provides aircraft cables market statistics, including aircraft cables industry global market size, regional shares, competitors with an aircraft cables market share, detailed aircraft cables market segments, market trends, and opportunities, and any further data you may need to thrive in the aircraft cables industry. This aircraft cables market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Major players 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., and Collins Aerospace.
This product will be delivered within 1-3 business days.
The aircraft cables market consists of sales of stainless steel aircraft cables, galvanized steel aircraft cables, and other aircraft cables. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Aircraft cables are defined as cables that 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. Aircraft cables are used in cabin management, wires, and pipelines in aircraft.
North America was the largest region in the aircraft cables market in 2021. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The main types of aircraft cables are stainless steel material and galvanized steel material. Steel is galvanized when it is hot-dipped in a zinc coating solution. This coating guards the steel against particle corrosion as well as general surface scratches and abrasions. Aircraft cables are used in military aircraft, and civil aircraft and are sold through aftermarket and original equipment manufacturer (OEM) sales channels. Aircraft cables are used in general aviation, airliner, business aircraft, and other applications.
The increasing demand for the production of new aircraft across the world promotes the growth of the aircraft cable market. Aircraft cables are used to establish an aircraft’s 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 aircraft holds a positive effect on the demand for the production of aircraft wires. For instance, in March 2021, according to the International Air Transport Association (IATA), a Canada-based trade association of the world's airlines, the total number of travelers in 2021 was 47% higher as compared to previous years and is anticipated to rise to 83% in 2022, 94% in 2023, 103% in 2024, and 111% in 2025. According to the forecast by Airbus in 2022, demand for passenger traffic is estimated to grow at 3.6% over the next 20 years, following demand for 39.490 new passenger and freighter aircraft over the period. The increased production of new aircraft will result in an increased demand for aircraft cables.
The growth of the aircraft cable market is restricted because of the backlogging of aircraft. The aircraft backlog hampers the demand for aircraft cables. Aircraft backlog occurs when the orders of aircraft manufacturing have not been fulfilled or run the risk of their potential cancellation or postponement in their date of delivery. The cases of accidents of aircraft that impact the sale of new aircraft, heavy competition among the aircraft producers, and the time required to build a new aircraft result in heavy backlogs in many cases. Thus, the huge number of aircraft backlogs may result in an opportunity loss for the companies in the aircraft manufacturing to manufacture new aircraft, thus, reducing the demand for aircraft cables. For instance, in March 2020, GoAir, a Mumbai-based Indian airline, had to suspend a few of its flights due to the failure of Airbus to deliver aircraft as per their deal. Airbus was expected to deliver 144 Airbus A320neo planes on order from GoAir through the period of 2016-2020. Thus, the results of aircraft backlog hamper the demand for new aircraft cables, negatively affecting the growth of the aircraft cables market.
The companies involved in the aircraft cable market are investing in producing cables to meet the need for high-performance data applications required in aircraft systems. Such high-performance data applications are used in cabin management systems, ethernet backbones, computers, servers, and low-skew video. Following the trend, in January 2021, Carlisle Interconnect Technologies US-based designers and manufacturers of high-performance wire and cable introduced UTiPHASETM microwave cable assembly, which is capable of delivering outstanding electrical phase stability versus temperature without compromising microwave performance. They are ideal in defense, space, and testing applications.
In January 2020, Loos & Co., Inc, a US-based leading manufacturer of military specification aircraft cable and aircraft cable assemblies acquired Sheaves, In. for an undisclosed amount. Through this acquisition, Loos & Co., Inc aims to strengthen its portfolio in wire and cable manufacturing. Sheaves, Inc is a US-based manufacturer of pulleys and sheaves for the wire and wire rope industry.
The countries covered in the aircraft cables market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless otherwise specified).
The revenues for a specified geography are consumption values - that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products.
The aircraft cables market research report is one of a series of new reports that provides aircraft cables market statistics, including aircraft cables industry global market size, regional shares, competitors with an aircraft cables market share, detailed aircraft cables market segments, market trends, and opportunities, and any further data you may need to thrive in the aircraft cables industry. This aircraft cables market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Major players 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., and Collins Aerospace.
This product will be delivered within 1-3 business days.
Frequently Asked Questions about the Global Aircraft Cables Market
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| Report Attribute | Details |
|---|---|
| No. of Pages | 175 |
| Published | February 2023 |
| Forecast Period | 2022 - 2026 |
| Estimated Market Value ( USD | $ 4.08 billion |
| Forecasted Market Value ( USD | $ 5.53 billion |
| Compound Annual Growth Rate | 7.9% |
| Regions Covered | Global |
Table of Contents
1. Executive Summary2. Aircraft Cables Market Characteristics
3. Aircraft Cables Market - Macro Economic Scenario
3.1 COVID-19 Impact On Aircraft Cables Market
3.2 Ukraine-Russia War Impact On Aircraft Cables Market
3.3 Impact Of High Inflation On Aircraft Cables Market
4. Aircraft Cables Market Size And Growth
4.1. Global Aircraft Cables Historic Market, 2017 - 2022, $ Billion
4.1.1. Drivers Of The Market
4.1.2. Restraints On The Market
4.2. Global Aircraft Cables Forecast Market, 2022 - 2027F, 2032F, $ Billion
4.2.1. Drivers Of The Market
4.2.2. Restraints On the Market
5. Aircraft Cables Market Segmentation
5.1. Global Aircraft Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
- Stainless Steel Material
- Galvanized Steel Material
- Military Aircraft
- Civil Aircraft
- Aftermarket
- Original Equipment Manufacturer (OEM)
- General Aviation
- Airliner
- Business Aircraft
- Other Applications
6.1. Global Aircraft Cables Market, Split By Region, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
6.2. Global Aircraft Cables Market, Split By Country, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
7. Asia-Pacific Aircraft Cables Market
7.1. Asia-Pacific Aircraft Cables Market Overview
7.2. Asia-Pacific Aircraft Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
7.3. Asia-Pacific Aircraft Cables Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
8. China Aircraft Cables Market
8.1. China Aircraft Cables Market Overview
8.2. China Aircraft Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F,$ Billion
8.3. China Aircraft Cables Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2027F, 2032F,$ Billion
9. India Aircraft Cables Market
9.1. India Aircraft Cables Market Overview
9.2. India Aircraft Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
9.3. India Aircraft Cables Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
10. Japan Aircraft Cables Market
10.1. Japan Aircraft Cables Market Overview
10.2. Japan Aircraft Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
10.3. Japan Aircraft Cables Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
11. Australia Aircraft Cables Market
11.1. Australia Aircraft Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
11.2. Australia Aircraft Cables Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
12. Indonesia Aircraft Cables Market
12.1. Indonesia Aircraft Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
12.2. Indonesia Aircraft Cables Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
13. South Korea Aircraft Cables Market
13.1. South Korea Aircraft Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
13.2. South Korea Aircraft Cables Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
14. Western Europe Aircraft Cables Market
14.1. Western Europe Aircraft Cables Market Overview
14.2. Western Europe Aircraft Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
14.3. Western Europe Aircraft Cables Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
15. UK Aircraft Cables Market
15.1. UK Aircraft Cables Market Overview
15.2. UK Aircraft Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
15.3. UK Aircraft Cables Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
16. Germany Aircraft Cables Market
16.1. Germany Aircraft Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
16.2. Germany Aircraft Cables Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
17. France Aircraft Cables Market
17.4. France Aircraft Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
17.5. France Aircraft Cables Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
18. Eastern Europe Aircraft Cables Market
18.1. Eastern Europe Aircraft Cables Market Overview
18.2. Eastern Europe Aircraft Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
18.3. Eastern Europe Aircraft Cables Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
19. Russia Aircraft Cables Market
19.1. Russia Aircraft Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
19.2. Russia Aircraft Cables Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
20. North America Aircraft Cables Market
20.1. North America Aircraft Cables Market Overview
20.2. North America Aircraft Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
20.3. North America Aircraft Cables Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
21. USA Aircraft Cables Market
21.1. USA Aircraft Cables Market Overview
21.2. USA Aircraft Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
21.3. USA Aircraft Cables Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
22. South America Aircraft Cables Market
22.1. South America Aircraft Cables Market Overview
22.2. South America Aircraft Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
22.3. South America Aircraft Cables Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
23. Brazil Aircraft Cables Market
23.1. Brazil Aircraft Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
23.2. Brazil Aircraft Cables Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
24. Middle East Aircraft Cables Market
24.1. Middle East Aircraft Cables Market Overview
24.2. Middle East Aircraft Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
24.3. Middle East Aircraft Cables Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
25. Africa Aircraft Cables Market
25.1. Africa Aircraft Cables Market Overview
25.2. Africa Aircraft Cables Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
25.3. Africa Aircraft Cables Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
26. Aircraft Cables Market Competitive Landscape And Company Profiles
26.1. Aircraft Cables Market Competitive Landscape
26.2. Aircraft Cables Market Company Profiles
26.2.1. TE Connectivity
26.2.1.1. Overview
26.2.1.2. Products and Services
26.2.1.3. Strategy
26.2.1.4. Financial Performance
26.2.2. Amphenol
26.2.2.1. Overview
26.2.2.2. Products and Services
26.2.2.3. Strategy
26.2.2.4. Financial Performance
26.2.3. AMETEK, Inc.
26.2.3.1. Overview
26.2.3.2. Products and Services
26.2.3.3. Strategy
26.2.3.4. Financial Performance
26.2.4. Loos & Co., Inc.
26.2.4.1. Overview
26.2.4.2. Products and Services
26.2.4.3. Strategy
26.2.4.4. Financial Performance
26.2.5. Radiall
26.2.5.1. Overview
26.2.5.2. Products and Services
26.2.5.3. Strategy
26.2.5.4. Financial Performance
27. Key Mergers And Acquisitions In The Aircraft Cables Market
28. Aircraft Cables Market Trends And Strategies
29. Aircraft Cables Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. About the Publisher
30.6. Copyright And Disclaimer
Executive Summary
Aircraft Cables Global Market Report 2023 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on aircraft cables market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
Markets Covered
1) By Type: Stainless Steel Material; Galvanized Steel Material2) By Aircraft Type: Military Aircraft; Civil Aircraft
3) By Sales Channel: Aftermarket; Original Equipment Manufacturer (OEM)
4) By Application: General Aviation; Airliner; Business Aircraft; Other Applications
Companies Mentioned: TE Connectivity; Amphenol; AMETEK, Inc.; Loos & Co., Inc.; Radiall
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
A selection of companies mentioned in this report includes:
- TE Connectivity
- Amphenol
- AMETEK, Inc.
- Loos & Co., Inc.
- Radiall
- Pic Wire & Cable
- W.L. Gore & Associates
- A.E.Petsche
- Arrow Electronics, Inc.
- Collins Aerospace
- GORE
- Harbour Industries
- Leviton Manufacturing Co., Inc.
- Specialty Wire & Cord Sets, Inc.
- Interconnect Cable Technologies Corp.
- Aerospace Wire & Cable
Methodology
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