Jan 21, 2019   SOURCE: BusinessWire

Global Aviation Connectors Market Outlook to 2026 - A $7.38 Billion Opportunity, Driven by the Adoption of Modern Electric Systems - ResearchAndMarkets.com

The "Aviation Connectors - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

According to this report, the Global Aviation Connectors market accounted for $4.15 billion in 2017 and is expected to reach $7.38 billion by 2026 growing at a CAGR of 6.6% during the forecast period.

Factors such as increase in the demand for aircraft, rising concerns for flight safety and adoption of modern electric systems in aircraft are some of the factors driving the market growth. However, high initial installation cost and existing backlogs of aircraft deliveries are hampering the market growth.

Amongst Application, the avionics segment is expected to grow at the significant market share during the forecast period. Enlargement of this segment can be attributed to the augment in aircraft orders and deliveries across the world and require for recent avionic systems. Growing concerns over flight safety and functioning & maintenance costs have led to the need for modern avionics systems.

By Geography, Asia-Pacific is anticipated to grow at the considerable market share during the forecast period. This market in APAC has grown, due to the increase in aircraft orders in the past five years and overall expansion in the procurement of aircraft, therefore propelling the demand for aviation connectors.

Platforms Covered:

  • Rotary Wing
  • Fixed Wing

Shapes Covered:

  • Rectangular
  • Circular

Types Covered:

  • Fiber Optic
  • High Power
  • RF Connectors
  • PCB (Printed Circuit Board)
  • High Speed

Applications Covered:

  • Cabin Equipment
  • Landing Gear
  • Avionics
  • Engine Control System
  • Other applications

End-Users Covered:

  • Military
  • Commercial
  • Business Jets
  • Other End-Users

Companies Profiled:

  • TE Connectivity
  • Bel Fuse
  • ITT Corporation
  • Amphenol Corporation
  • Rosenberger Group
  • Carlisle Companies
  • Conesys
  • Esterline Corporation
  • Smiths Group
  • Fischer Connectors
  • Eaton Corporation
  • Radiall
  • CONEC Elektronische Bauelemente

For more information about this report visit https://www.researchandmarkets.com/research/gs2km9/global_aviation?w=4