According to the new research report "EWIS Market by End User (OEM, Aftermarket), Aviation Type (Commercial Aviation, Military Aviation, Business and General Aviation), Application (Avionics, Interiors, Propulsion, Airframe), Component, Region - Global Forecast to 2023", The Electrical Wiring Interconnection System (EWIS) market is projected to grow from USD 5.4 billion in 2018 to USD 6.8 billion by 2023, at a CAGR of 4.66% from 2018 to 2023. Factors such as increasing demand for more electric aircraft and aircraft deliveries are factors expected to drive the market. Growth in passenger traffic and upgradation of existing aircraft fleet technology are expected to drive the growth of the market across the globe.
Browse 173 market data Tables and 38 Figures spread through 189 Pages and in-depth TOC on "EWIS Market - Global Forecast to 2023"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/electrical-wiring-interconnection-system-market-231769036.html
Based on end user, the OEM segment is estimated to lead the EWIS market in 2018.
Based on end user, the EWIS market is segmented into OEM and Aftermarket. The OEM segment is estimated to lead the market in 2018. The increase in aircraft deliveries in emerging economies such as China and India are expected to drive the growth of the OEM segment. Moreover, the use of electrically-driven components in new aircraft is also leading to the growth of this segment as modern technologies used in aircraft require a lot of electrical connections.
The interiors segment of the EWIS market is projected to grow at the highest CAGR from 2018 to 2023.
Based on application, the EWIS market is segmented into propulsion, airframe, interiors, avionics, and others. The interiors segment of the EWIS market is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to enhancing passenger travel experience and upgradation of the existing aircraft with new IFE systems.
The North America EWIS market is projected to grow at the highest CAGR during the forecast period.
The North America EWIS market is projected to grow at the highest CAGR from 2018 to 2023. The growth of the North America EWIS market can be attributed to the increased aircraft deliveries in both commercial as well as military applications. The growing demand for passenger aircraft from emerging countries such as China and India is one of the factors contributing to the growth of the EWIS market. The rise in the procurement of new military aircraft and helicopters across the globe is also fueling the growth of the market.
Key players in the EWIS market include Safran (France), GKN Aerospace (UK), and Latecoere (France), TE Connectivity (Switzerland), Ducommun (US), and Amphenol Corporation (US).Don’t miss out on business opportunities in EWIS Market. Speak to our analyst and gain crucial industry insights that will help your business grow.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441