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Aircraft Wiring Harness Market is Forecast to Reach US$ 1.8 Billion in 2028, Says Stratview Research
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The global aircraft wiring harness market is segmented based on platform type, application type, insulation material type, purpose type, product type, end-user type, and region.
- The aircraft wiring harness market is segmented into commercial aircraft, regional aircraft, general aviation, military aircraft, and helicopters. in the market during the forecast period, driven by a host of factors including snowballing commercial aircraft deliveries, the introduction of fuel-efficient commercial aircraft, and a growing aircraft fleet size.
The market is segmented into avionics, interiors, propulsion systems, airframes, and others. . The increasing focus of airliners on improving the passenger travel experience and the modernization of existing fleets with new IFE systems are the major factors driving the growth of the interior segment.
- The market is segmented as XL ETFE (Cross-Linked Extruded Ethylene Tetrafluoroethylene), TKT (Teflon-Kapton-Teflon), PTFE (Polytetrafluoroethylene), PI (Polyimide), and others. , driven by its exceptional properties, such as extreme temperature resistance (-200°C to 300°C), chemical inertness, low-dielectric constant, low coefficient of friction, and excellent FST properties.
The aircraft wiring harness market is segmented into OE and aftermarket based on the end-user type. . Wires & cables (or harnesses) do not need to be replaced because their life span is almost the same as the aircraft's life.
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The report suggests that . This growth is majorly attributed to the following –
- The region is dominated by the USA , owing to the presence of major aircraft OEMs, wiring harness suppliers, airlines, and MRO companies.
, driven by the assembly plants of Boeing and Airbus in China , increasing procurement of military aircraft, rising aircraft fleet size, and the upcoming indigenous aircraft program C919. China , Japan , and India are the growth engines of the region's market.
Some of the key drivers listed in the report are given below.
- Increase in the production rate of key programs (A320neo, B737 Max, A220, B787, and A350XWB).
- The introduction of new aircraft programs (C919, MC-21, B777x, etc.).
- Increasing investments in electrical aircraft.
- Increasing use of wires & cables in modern aircraft.
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The market is fairly consolidated with the presence of some global and regional players. Stratview Research has identified the following companies as the top market players.
- Safran S.A.
- Latécoère
- GKN Aerospace (Part of Melrose PLC)
- Ducommun Incorporated
- Carlisle Companies Inc.
- Amphenol Corporation
- Glenair.
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