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Global Aviation Connector Market 2021: By Type (PCB Connectors, Fiber Optic Connectors, High-Power Connectors, High-Speed Connectors, RF Connectors, Others), By Shape (Circular, Rectangular), By End-User (Commercial, Business Jets, Military, Others)The Global Aviation Connector market size was valued at USD $3.58 Billion in 2020, USD $3.77 Billion in 2021, forecasted to reach USD $3.97 Billion in 2022, and is projected to reach USD $5.94 Billion by 2030, and is anticipated to expand at a CAGR of 5.2% over the forecast period from 2020 to 2030. Global Aviation Connector Market is the title of an upcoming report offered by Trusted Business Insights. The research study involved the extensive usage of expert opinions, using both primary and secondary data sources and efforts. Factors considered include government policies and mandates, the market environment, competitive landscapes, historical data, current and historical trends in the market, technological innovations, new solutions and modifications made to existing provisions, upcoming technologies and the technical progress of related industries. The research process involved the study of various factors positively or negatively impacting the industry and market. Also, market risks, opportunities, growth market barriers and challenges, and future scenarios have been covered in the report. The global aviation connector market has been segmented according to type, shape, end-user, as well as regions and countries.
Overview:Aviation connectors are sturdy devices that are used in various electrical applications in both military & defense as well as commercial sectors respectively. They have several applications in aircraft user power systems, lighting, intelligent peripheral devices, and even seat actuators. They are sturdy pieces of equipment that provide robust resistance to extreme temperatures, ingress, vibration, fire, smoke, as well as other hazards.
Dynamics:The rise in the procurement of aircraft for military & defense purposes has subsequently led to an increase in the demand for aviation connectors, thereby boosting revenue growth of the global aviation connectors market. There are several types of connectors such as PCB, RF, USB, etc. that are vital to ensure the seamless function of avionic systems. Growing concerns over safer flight systems has led to an increase in the demand for improved aviation connectors, and this in turn, is expected to positively impacting revenue growth of the global aviation connectors market. Another factor that is contributing to the implementation of better quality aviation connectors is the use of advanced infotainment systems, primarily in commercial aircraft. The further integration of power and avionic, systems cabin, landing gear, engines & sensors, control panels, etc. has led to an increase in the demand for aviation connectors. Other primary factors that are contributing to the revenue growth of this market are the increasing demand for new aircraft on a global-scale as well as the requirement for reliable connectors that are vibration-free for new and existing aircraft.
Segmentation of the aviation connector market is as follows:With respect to type, the fiber optic connectors segment accounted for the majority revenue share of the global aviation connectors market in 2019, and is projected to continue to do so for the next 10 years. This can be accredited to the vital role that fiber optics plays with respect to high-speed data transmissions and newer telecommunication technologies such as the FTTx application, etc. However, the RF connector segment is expected to register significant revenue growth over the next 10 years. In terms of shape market segmentation, the circular-shape segment accounted for the majority revenue share in 2019 due to it increasing demand in applications related to computers, electronics and other communication devices of an aircraft. The rectangular-shape segment is expected to register the fastest rate of revenue growth in the years to come due to specific user preferences. Concerning end-user market segmentation, the commercial aircraft segment accounted for the majority revenue share of the global aviation connector market owing to the increasing number of passengers and cargo. The military segment was the fastest-growing due to the strong demand for aircraft for military and defense purposes.
Regional Segmentation and Analysis:The market in North America is expected to continue to retain its prominent position in the global aviation connector market owing to the large presence of aviation manufacturers as well as avionics systems manufacturers in the region. The market in Europe is also expected to register steady revenue growth on account of the key market players operating in the region. The aviation connector market in the Asia Pacific region is projected to register the highest rate of revenue growth in the years to come due to an expected surge in the demand for military and commercial aircraft in the region.
Below are the active patents related to Aviation Connector Market.Patent Number: DE112011100335T5 PCB edge connector Abstract A circuit board assembly and method for mounting a circuit board are provided which have top and bottom surfaces with at least one edge portion having a rounded surface that extends from the top surface to a point below the top surface, and has at least one electrical contact surface, which is located on the upper surface and extends over the rounded surface of the edge portion to a point below the upper surface. Type: Grant Filed: 2011-03-01 Date of Patent: 2012-11-22 Assignee : International Business Machines Corp Patent Number: US20180191095A1 High power spring-actuated electrical connector Abstract The present invention is a high-power, spring-actuated connector device. The device has a male terminal and a female connector. The male terminal has a metallic tubular member that provides a contact surface for the female connector. The female connector fits inside the male terminal, when making an electrical connection. The female connector has a contact element, with a plurality of contact beams. A spring actuator is nested inside the contact element. The spring has spring arms that map, one-to-one, to the contact beams. The spring-actuator spring arms force the contact beams into electrical contact with the inner surface of the metallic tubular member of the male terminal. Thermal expansion and residual material memory create a more secure connection in this configuration. Type: Grant Filed: 2018-02-26 Date of Patent: 2018-07-05 Assignee : Royal Precision Products LLC
Below are the leading companies profiled in this Aviation Connector Market Report:
Chapter 1 Methodology and Scope