Aircraft Wire and Cable Market

TE Connectivity (Switzerland), Rockwell Collins (US), and Carlisle Companies (US) are Some of the Key Players Operating in the Aircraft Wire and Cable Market.

Aircraft wires and cables are used to transfer power to each component or a system needed for operating an aircraft. The aircraft wire and cable market is projected to grow from USD 695.2 Million in 2017 to USD 926.4 million by 2022, at a CAGR of 5.91% from 2017 to 2022. Emerging markets in the Middle East, the Asia Pacific, and Latin America are expected to witness an increase in demand for new and advanced aircraft during the forecast period. According to the Boeing 2016 Market Outlook, the Asia Pacific region is projected to account for a share of 40.0% of the global aircraft deliveries between 2015 and 2035. The rise in air passenger traffic, globally, due to the increase in the disposable income of the middle-class population in emerging economies, such as India and China, among others, is expected to fuel the demand for new aircraft.

TE connectivity (Switzerland), Rockwell Collins (US), and Carlisle Companies (US) are some of the key players operating in the aircraft wire and cable market. These market players are focused on developing new products to ensure organic growth in the aircraft wire and cable market. The core competencies of these players include their widespread geographical presence and increased investments in R&D activities.

Rockwell Collins offers a wide array of aviation solutions catering to both, commercial and military platforms. It mainly focuses on undergoing technological advancements to develop innovative engineered solutions. Over the past few years, more than 900 military fixed-wing aircraft have been retrofitted with avionics developed by Rockwell Collins. For example, in April 2017, the company acquired B/E Aerospace (US) to expand its portfolio of cabin interior products for commercial aircraft and business jets, along with a wide product range of coaxial cables, specialty cables, ARINC 404/600 equipment trays, and specialty trays to support several aircraft systems. The company has established business centers in the UK, India, Brazil, and Saudi Arabia to enhance its regional presence.

TE Connectivity offers wires and cables for avionics and in-flight entertainment and power distribution systems. The core competence of the company lies in the connector and sensor technology. The company is strategically developing innovative products for upcoming trends for the end-use market; for example, in March 2016, TE Connectivity launched the MC801 fiber optical connectors. These fiber optical connectors support various high-speed protocols and offer low insertion loss across multiple connector breaks by using the physical contact optical technology.

Carlisle Companies designs and manufactures high-performance wires and cables, fiber optic cables, RF/microwave connectors, avionics trays, racks, integrated systems, and complex cable assemblies for applications in the aerospace industry. Carlisle Interconnect Technologies has expanded its technological expertise and customer base in the aviation wire and cable segment by entering into agreements with and acquiring companies strategically. For example, in October 2016, Carlisle Companies Incorporated completed the acquisition of Rosenberger Micro-Coax (RMC) in Blackburn, UK.

Related Reports:

Aircraft Wire and Cable Market by Type (Harness, Wire, Cable), Application (Power Transfer, Data Transfer, Flight Control System, Avionics, Lighting), Fit (Linefit, Retrofit), Aircraft Type (Civil, Military), and Region - Global Forecast to 2022

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Report Code
AS 6081
RI Published ON
3/12/2018
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