Aviation Connectors Market - Global Market Share, Trends, Analysis and Forecasts, 2020-2030

Publish Date: 2021-02-15


The Aviation Connectors Market - Global Market Share, Trends, Analysis and Forecasts, 2020-2030 provides insights on key developments, business strategies, research & development activities, supply chain analysis, competitive landscape, and market composition analysis.

 

Aviation connectors facilitate easy connection and disconnection across the different systems or elements of aircrafts. The aviation connectors are used across intelligent peripheral devices, aircraft lighting, user power systems, seat actuator and so on for improved safety and reliable connection amongst the different sub-systems. Increased investment in development of advanced avionic systems has led to the evolution of aviation connecters, thereby fueling demand across the globe. Additionally, increased emphasis on improving flight safety and rising demand for reliable and vibration resistant aviation connectors is expected to bolster the growth of global aviation connectors during the forecast period.

 

Increased demand for high speed data transmission and communication to drive the growth of fiber optic connectors

The global aviation connectors market is segmented on the basis of type, aircraft type, shape, applications, end user, and geography. Based on type, the global aviation connectors market is segmented into printed circuit board (PCB) connectors, fiber optic connectors, high power connectors, high speed connectors, RF connectors, and others. The fiber optic connectors contributed a dominating share to the global aviation connectors market in 2019 and is anticipated to be dominating segment throughout the forecast period. Increased demand from high speed data transmission applications such as FTTx is the key factor driving the growth of fiber optic connectors globally. The RF connectors segment is anticipated to be the fastest growing segment during the forecast period owing to rising demand from communication between the aircrafts and air traffic controller.

 

Rising number of commercial aircraft deliveries across the globe to drive the demand for aviation connectors in coming years

Based on end user, the global aviation connectors market is segmented into military & defense, commercial, and others. The demand for aviation connectors from commercial applications contributed the largest share in terms of revenue and volume to the global aviation connectors market in 2019 and is anticipated to be a dominating segment during the forecast period. Increased number of passenger aircraft deliveries and rising backlog in delivery of commercial aircrafts from the leading aircraft manufacturers is anticipated to offer prominent growth opportunities during the forecast period. The military & defense segment contributed a prominent share to the global aviation connector market in 2019 in terms of revenue and volume and is expected to witness positive single digit growth close to 4% during the forecast period.

 

Based on geography, the global aviation connectors market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America contributed the largest share to the global aviation connectors market in 2019 and is anticipated to be a dominating geography throughout the forecast period. Presence of leading aircraft manufacturers and aircraft component manufacturers across the United States and Canada is anticipated to drive the growth of the North America aviation connectors market during the forecast period. Asia Pacific is anticipated to offer lucrative opportunities during the forecast period owing to rising investment in development of indigenous aircraft and associated components across major countries. Increasing export of aviation connectors for Asia Countries to Europe and North America is expected to drive the growth of Asia Pacific aviation connectors market during the forecast period.

 

Major players active in the global aviation connectors market include Amphenol Corporation, Bel Fuse Inc., Carlisle Companies Inc., Conesys Inc., Eaton, Fischer Connectors SA, ITT Inc., Radiall, Rosenberger, Smiths Group plc, TE Connectivity, and Transdigm Group, Inc.

 

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