The global market for Aircraft Wire and Cable is estimated to be USD 1.5 billion in 2021 and is projected to reach USD 1.9 billion by 2026, at a CAGR of 5.7% during the forecast period. The growth of this market is mainly driven by the digitalization and electrification of aircraft systems, increase in aircraft renewals and aircraft deliveries and growing technological developments.
Amphenol Corporation (US), Carlisle Interconnect Technologies (US), Collins Aerospace (US), TE Connectivity (Switzerland), and Nexans SA. (France), among others, are some of the leading players operating in the aircraft wire and cable market. These players have adopted various organic and inorganic growth strategies to strengthen their position in the market. These include new product developments, contracts, partnerships, agreements, acquisitions, and research & development (R&D) activities further to expand their presence in the aircraft wire and cable market.
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COLLINS AEROSPACE (US), a Raytheon Technologies subsidiary, is a leading global provider of technologically advanced aerospace & defense products and aftermarket services. It delivers a broad spectrum of advanced and battle-proven solutions in all domains, such as manned & unmanned platforms. The company has a unique ability to leverage technologies across the commercial & military market segments providing it with increased flexibility, reduced total lifecycle, and low acquisition costs through open systems and commercial off-the-shelf technology solutions.
TE CONNECTIVITY (US) is a global industrial technology leader creating a safer, sustainable, productive, and connected future. Its aerospace system solutions are lightweight, saves space, and boost performance. It offers interconnect solutions to commercial aerospace, civil rotary-wing, and military aerospace. The applications in aerospace are cabin interiors & in-flight entertainment, avionics, Electrical Wiring Interconnect Solutions - Severe Wind and Moisture-Prone (EWIS–SWAMP), flight control, and landing gear systems.
AMPHENOL CORPORATION (US) is the largest provider of high-technology interconnect, sensors, and antenna solutions. Amphenol Aerospace, its subsidiary, designs and manufactures products such as high-speed cable assemblies, fiber optic connectors, cable assemblies, etc., for military and aerospace industries.
Aircraft Wire and Cable Market by Type (Wire, Harness, Cable), Application (Power Transfer, Data Transfer, Flight Control System, Avionics, Lighting), Aircraft Type, Conductor Material, Insulation Type, End User and Region - Forecast to 2026
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