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The Aircraft Wire and Cable Market size was valued at USD 1.70 billion in 2023 and is projected to reach USD 2.90 billion by 2032, growing at a CAGR of 6.2% over the forecast period of 2024–2032.
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 50% of the market in 2023. 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.
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
The worldwide Aircraft Engine Electrical Wiring Harnesses and Cable Assembly market research report includes a detailed examination of the various processes and materials utilised in the manufacture of Aircraft Engine Electrical Wiring Harnesses and Cable Assembly market items. The study studies many elements, including the production and end-use sectors of the Aircraft Engine Electrical Wiring Harnesses and Cable Assembly market goods, beginning with an industry chain analysis and ending with a cost structure analysis. The study details the most recent pharmaceutical industry developments in order to assess their influence on the manufacturing of Aircraft Engine Electrical Wiring Harnesses and Cable Assembly market items. The Aircraft Engine Electrical Wiring Harnesses and Cable Assembly market research study has also highlighted the current market standards. unbiasedly depicted the most recent strategic changes and patterns of market participants The study is a hypothetical business document that may assist purchasers in the worldwide market in planning their next steps toward the market's future position.
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 2023 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 2023 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.
By Component
Aircraft Harness
Aircraft Wire
Aircraft Cable
By Application
Lighting
Data Transfer
Power Transfer
Avionics
Others
By Conductor Material
Stainless Steel Alloys
Copper Alloys
Aluminum Alloys
Others
By Insulation Type
Thermosetting
By Aircraft Type
Fixed Wing
Rotary Wing
AAM
By End Use
OEM
Aftermarket
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
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The Major Players are Amphenol Corporation, Carlisle Interconnect Technologies, Collins Aerospace, TE Connectivity, Nexans SA. & Other Players.
| Report Attributes | Details |
| Market Size in 2023 | US$ 1.70 billion |
| Market Size by 2032 | US$ 2.90 Million |
| CAGR | CAGR of 6.2% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • 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) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, 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) |
| Company Profiles | Amphenol Corporation, Carlisle Interconnect Technologies, Collins Aerospace, TE Connectivity, Nexans SA. |
| Key Drivers | • The growing demand for commercial and military aircraft worldwide is a major driver for the aircraft wire and cable market. • Rising focus on aircraft modernization |
| Market Restraints | • Aircraft Delivery Delays and Backlog • Wireless transmission reduces the demand for wires. |
Aircraft Wire and Cable Market is expected to be worth USD 1.77 billion in 2023, rising to USD 2.68 billion by 2031 at a CAGR of 5.3% during the forecast period 2024-2031.
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- Russia War
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Aircraft wires and cables Market Segmentation, By Component
8.1 Aircraft Harness
8.2 Aircraft Wire
8.3 Aircraft Cable
9. Aircraft wires and cables Market Segmentation, 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 Market Segmentation, By Conductor Material
10.1 Stainless Steel Alloys
10.2 Copper Alloys
10.3 Aluminum Alloys
10.4 Others
11. Aircraft wires and cables Market Segmentation, By Insulation Type
11.1 Thermoplastic
11.2 Thermosetting
12. Aircraft wires and cables Market Segmentation, By Aircraft Type
12.1 Fixed Wing
12.2 Rotary Wing
12.3 Unmanned Aerial Vehicles
12.4 AAM
13. Aircraft wires and cables Market Segmentation, 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 CATERPILLAR 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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