Aircraft Wire and Cable Market - Trends Forecast Till 2028

Market Overview

The Aircraft Wire and Cable market size is projected to reach a CAGR of 5.9% from 2022 to 2028.

Aircraft Cable refers to the collection of wires which are specially designed and constructed with particular dimensions and are usually used for the purpose of flight controls in an aircraft. A cable is a collection of conducting wires which are parallel bonded with each other and made out in a cable. Wires used in aircraft are made up of galvanized steel wire or stainless-steel wire.

Raised aircraft renewals along with the recent digitalization and automation in aircrafts are some of the factors that have supported long-term expansion for Aircraft Wire and Cable Market.

COVID-19 had a negative effect on the market, as there was a sudden decrease in both orders and deliveries during the pandemic phase.

Regional Analysis

North America is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the presence of key players and manufactures in the region.

Insights are provided for each region and major countries within the regions

Competitive Landscape

Key Players

• Amphenol Corporation
• Carlisle Interconnect Technologies 
• Collins Aerospace
• TE Connectivity
• Nexans SA
• Axon Cable
• Sanghvi Aerospace (P.) Ltd.
• Tyler Madison, Inc.
• Bergen Cable

Recent Developments

• In November 2021, Collins aerospace announced the acquisition of Dutch Thermoplastic Components (DTC) which is a leading brand in the development and fabrication of structural thermoplastic composite parts. The aim of the acquisition by collins is to expand the use of advanced thermoplastics to make aircraft lighter and more fuel-efficient.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
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• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope