$5.52 Billion Aviation Connectors Market 2017 by Application, Type, Shape & Region - Global Forecast to 2022 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Aviation Connectors Market by Application (Landing Gear, Engine Control System, Avionics, Cabin Equipment, Others), Type (PCB, High Power, High Speed, RF Connectors, Fiber Optics), Shape (Circular, Rectangular), & Region - Global Forecast to 2022" report to their offering.

Growth in aircraft deliveries is the key factor impacting the growth of the aviation connectors market

The aviation connector market was valued at USD 4.13 billion in 2016 and is projected to reach USD 5.52 billion by 2022, at a CAGR of 4.97% during the forecast period.

The increasing number of aircraft deliveries and adoption of modern electric systems in aircraft are the key drivers for the aviation connectors market. Backlogs in current aircraft orders is a restraint for growth of the aviation connectors market.

Based on end user, the commercial segment of the aviation connectors market is expected to grow at the highest CAGR during the forecast period. The demand for aviation connectors for commercial use is increasing due to the growth of the aircraft manufacturing industry in emerging economies.

Based on shape, the circular segment of the aviation connectors market is anticipated to grow at the highest CAGR during the forecast period. The circular segment is expected to grow, as it is more versatile, and can be successfully used in various applications and conditions.

North America led the aviation connectors market in 2015

Market Dynamics

Drivers

  • Growth in the Number of Aircraft Deliveries
  • Shift Towards Electric Architecture and Technology

Restraints

  • Existing Backlogs of Aircraft Deliveries

Opportunities

  • Diverse Applications of Connectors in an Aircraft

Challenges

  • Obtaining Quality Accreditations

Companies Mentioned

  • Amphenol Corporation
  • Bel Fuse Inc.
  • Carlisle Companies Inc.
  • Eaton Corporation
  • Esterline Corporation
  • ITT Corporation
  • Radiall
  • Rosenberger Group
  • Smiths Group PLC
  • TE Connectivity

For more information about this report visit http://www.researchandmarkets.com/research/hpj6nx/aviation

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Commercial Aerospace, Wire and Cables

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Commercial Aerospace, Wire and Cables