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Aircraft Wire and Cable Market

Aircraft Wire and Cable Market by Type (Wire, Harness, Cable), By Application (Power Transfer, Data Transfer, Flight Control System, Avionics, Lighting), By Aircraft Type, By Conductor Material, By Insulation Type, By End User and By Region | Global Market Forecast to 2022- 2028

Report Id: SNS/A&D/1100 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Aircraft Wire and Cable Market is expected to be worth USD 1.4 billion in 2021, rising to USD 2.21 billion by 2028 at a CAGR of 5.7% during the forecast period. This market's expansion is being driven primarily by the digitization and electrification of aircraft systems, a rise in aircraft renewals and deliveries, and ongoing technical breakthroughs.

The harness category is expected to lead the market throughout the projected period, accounting for 47% of the market in 2021. Aircraft contains kilometres of electrical harnesses in the aerospace sector. Engine, fuselage, wing, landing gear, avionics, and a variety of additional functions are all used in the aircraft business. Composite, Ethernet, and data bus wire harnesses are also included in aircraft wire harnesses.

Aircraft Wire and Cable Market Revenue Graph

KEY DRIVERS

Digitization improves operational efficiency and eases pilot functions. airline software and services Strategic digital advancements deliver a range of intuitive Thereby improving overall operations It provides immediate and future benefits to flight for airline operations by assisting the due to digitization responsibilities involved at each stage Work operations in the cockpit have been completely computerized. A networked ecosystem of services, apps and documents defining the future flight deck is becoming more accessible to pilots. Data and power cables are required to connect these digital systems in every aircraft section. Alternative energy is required because of carbon emissions and higher fuel costs.

Thus, electrifying aircraft provides more efficient, silent, and Digitization increases operational efficiency and simplifies pilot tasks. Strategic digital improvements enable the delivery of a variety of user-friendly airline software and services. It assists airlines' flight operations both now and in the future by aiding the duties involved at each step, hence boosting overall operations. Because of digitalization, work processes in the cockpit have become totally automated. Pilots are growing increasingly familiar with a networked ecosystem of applications, services, and documents that define the future flight deck. Every aeroplane segment requires data and power lines to link these digital systems. Higher fuel costs and carbon emissions necessitate the usage of alternative energy. As a result, electrifying aircraft allows for more efficient, silent, and sustainable flight. It also cuts aeroplane operators' fuel usage and operational costs. For faster, more flexible, more efficient transmission, electric aircraft system needs wire and cables.

RESTRAINTS

  • Aircraft Delivery Delays and Backlog

  • The wireless transmission reduces the demand for wires.

OPPORTUNITIES

Electric technology demand is predicted to add to the military and aerospace fibre optic cable market. Incorporating more electric technology decreases fuel consumption and gives aeroplanes with a dependable power supply. Electrically powered systems are a viable replacement for mechanically powered engine accessories, pumps, and generators. Over the previous few decades, aircraft systems have undergone revolutionary design and power distribution improvements. Companies including Boeing, Bombardier (Canada), and Airbus are developing electrical systems to replace older systems for improved aeroplane performance and lower maintenance costs. Airbus will begin developing hybrid-electric propulsion systems in September 2021. The flying testing of the Airbus Flight Lab helicopter with a backup engine system have begun. In the event of a turbine failure, this would serve as an emergency electrical power system.

CHALLENGES

Airlines are working with aircraft wire and cable producers to develop lightweight cables and wires. Nexans, for example, inked a deal with Airbus in January 2021 to supply specialist aerospace cables and wires for passenger and military aircraft and helicopters. Nexans will offer high-performance, lightweight cables that contribute significantly to aircraft efficiency, passenger comfort, and safety, according to the new deal. It would concentrate on developing innovative solutions for the production of electric and hybrid aircraft. It will supply the majority of the cables needed for Airbus aircraft, including those for the cockpit, engine, cabin, in-flight entertainment, and wings. Hook-up, wire, power, data, avionics, and fire-resistant cables are among the cable kinds. GKN Aerospace and Eviation inked a deal with Alice All-Electric Aircraft in May 2020 for the innovative lightweight wing, empennage, and wiring systems. The contract includes the design and manufacture of wings, empennage, and Electrical Wiring Interconnection Systems (EWIS). The aircraft intends to make long-distance flights of up to 650 miles more environmentally friendly.

THE IMPACT OF COVID-19

Amphenol Corporation, Carlisle Interconnect Technologies, Collins Aerospace, TE Connectivity, and Nexans SA are among the key companies in the Aircraft Wire and Cable industry. These companies have expanded their operations into nations such as North America, Europe, Asia Pacific, the Middle East, Africa, and Latin America.  enterprises had influence on them by COVID-19.

According to industry analysts, COVID-19 might reduce Aircraft Wire and Cable manufacturing and services by 7–10% globally by 2020. The COVID-19 epidemic has had a negative influence on the end-use sectors, resulting in a dramatic drop in 2020 aircraft sales and delivery. This is projected to have a short-term negative impact on the aviation market, with a modest recovery expected in Q1 of 2021.

Impact of  Ukraine and  Russia Crisis

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Aircraft Type Segment Insights

The worldwide aviation wire & cable market is divided into commercial and military aircraft types. Commercial aircraft are likely to lead the market in terms of market share throughout the forecast period, owing to a spectacular increase in the number of commercial aircraft deliveries.

Fit Type Segment Insights

Based on fit type, the worldwide aircraft wire & cable market is led by the line fit segment, which had the majority of the market share in 2020 and is expected to maintain its dominance throughout the forecast period.

Application Segment Insights

According to application, the aviation wire & cable market is dominated by the power transfer segment, which held the greatest market share in 2020 and is expected to maintain its dominance throughout the forecast period.

MARKET ESTIMATION:

In military aircraft, Aircraft Wire and Cable are utilised for a number of functions. Aircraft Wire & Cable is most commonly used as an electrical conductor, although it may also be used in hydraulic or pneumatic systems. Furthermore, these cables offer structural support, which is critical for preserving flying integrity during high-g manoeuvres or other pressures on the aircraft.

The market is divided into five regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. North America is Due to the rising number of passengers carried by low-cost airlines in this area, this region is likely to dominate the worldwide Aircraft Wire and Cable market over the forecast period. Because of increased investment in the area, Latin America is likely to be the fastest-growing market. The rising usage of Aviation Wire & Cable in civil aircraft applications is predicted to drive stable growth in Europe. Because of nations' growing military budgets, the Asia Pacific market is predicted to have the greatest CAGR. Because of the minimal utilisation of Aviation Wire & Cable in civil aircraft applications, the Middle East and Africa are likely to be the slowest-growing markets.

Key Market Players:

The aircraft wire and cable market is dominated by a few globally established players such as Amphenol Corporation, Carlisle Interconnect Technologies, Collins Aerospace, TE Connectivity, Nexans SA., and Other players.

KEY MARKET SEGMENT:

By Component

  • Aircraft Harness

  • Aircraft Wire

  • Aircraft Cable

By Application

  • Flight Control Systems

  • Lighting

  • Data Transfer

  • Power Transfer

  • Avionics

  • Others

By Conductor Material

  • Stainless Steel Alloys

  • Copper Alloys

  • Aluminum Alloys

  • Others

By Insulation Type

  • Thermoplastic

  • Thermosetting

By Aircraft Type

  • Fixed Wing

  • Rotary Wing

  • Unmanned Aerial Vehicles

  • AAM

By End Use

  • OEM

  • Aftermarket

Aircraft Wire and Cable Market Segment Chart

REGIONAL COVERAGE

North America

  • USA

  • Canada

  • Mexico

Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

  • The Netherlands

  • Rest of Europe

Asia-Pacific

  • Japan

  • South Korea

  • China

  • India

  • Australia

  • Rest of Asia-Pacific

The Middle East & Africa

  • Israel

  • UAE

  • South Africa

  • Rest of Middle East & Africa

Latin America

  • Brazil

  • Argentina

  • Rest of Latin America

 


Frequently Asked Questions (FAQ) :

According to SNS insiders, the Aircraft Wire and Cable Market size was USD 1.5 billion in 2021 and is expected to reach USD 2.21 billion by 2028 with a CAGR of  5.7% over the forecasted period.

Asia Pacific market is predicted to have the greatest CAGR. Because of the minimal utilisation of Aviation Wire & Cable in civil aircraft applications, the Middle East and Africa are likely to be the slowest-growing markets.

Digitization improves operational efficiency and eases pilot functions. airline software and services Strategic digital advancements deliver a range of intuitive Thereby improving overall operations It provides immediate and future benefits to flight for airline operations by assisting the due to digitization responsibilities involved at each stage Work operations in the cockpit have been completely computerized.

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Table of Contents


1. Introduction
1.1 Market Definition 
1.2 Scope
1.3 Research Assumptions
 
2. Research Methodology
 
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
 
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of Ukraine War
 
5. Value Chain Analysis
 
6. Porter’s 5 forces model
 
7.  PEST Analysis
 
8.  Aircraft wires and cables, By Component
8.1 Aircraft Harness
8.2 Aircraft Wire
8.3 Aircraft Cable

9. Aircraft wires and cables, By Application
9.1 Flight Control Systems
9.2 Lighting
9.3 Data Transfer
9.4 Power Transfer
9.5 Avionics
9.6 Others

10. Aircraft wires and cables, By Conductor Material
10.1 Stainless Steel Alloys
10.2 Copper Alloys
10.3 Aluminum Alloys
10.4 Others

11. Aircraft wires and cables, By Insulation Type
11.1 Thermoplastic
11.2 Thermosetting

12. Aircraft wires and cables, By Aircraft Type
12.1 Fixed Wing
12.2 Rotary Wing
12.3 Unmanned Aerial Vehicles
12.4 AAM

13. Aircraft wires and cables, By End Use
13.1 OEM
13.2 Aftermarket

14. Regional Analysis
14.1 Introduction
14.2 North America
14.2.1 USA
14.2.2    Canada
14.2.3    Mexico
14.3    Europe
14.3.1    Germany
14.3.2    UK
14.3.3    France
14.3.4    Italy
14.3.5    Spain
14.3.6    The Netherlands
14.3.7    Rest of Europe
14.4    Asia-Pacific
14.4.1    Japan
14.4.2    South Korea
14.4.3    China
14.4.4    India
14.4.5    Australia
14.4.6    Rest of Asia-Pacific
14.5    The Middle East & Africa
14.5.1    Israel
14.5.2    UAE
14.5.3    South Africa
14.5.4    Rest
14.6    Latin America
14.6.1    Brazil
14.6.2    Argentina
14.6.3    Rest of Latin America

15. Company Profiles
15.1 HITACHI LTD.
15.1.1 Financial
15.1.2 Products/ Services Offered
15.1.3 SWOT Analysis
15.1.4 The SNS view
15.2 AB VOLVO
15.3 CATTERPILLAR INC.
15.4 CNH INDUSTRIAL N.V
15.5 DEERE AND COMPANY
15.6 DOOSAN INFRACOE CO.LTD
15.7 J C BAMFORD EXCAVATORS. LTD.
15.8 KOMATSU LTD.
15.9 Liebherr-International AG
15.10 XCMG GROUP

16. Competitive Landscape
16.1 Competitive Benchmark
16.2 Market Share analysis
16.3 Recent Developments

17. Conclusion
 

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