Global Aircraft Engine Electrical Wiring Harnesses And Cable Assembly Market 2024-2028
The aircraft engine electrical wiring harnesses and cable assembly market is forecasted to grow by USD 233.38 mn during 2023-2028, accelerating at a CAGR of 5.07% during the forecast period. The report on the aircraft engine electrical wiring harnesses and cable assembly market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing focus on the development and induction of new-generation fuel-efficient aircraft, increasing demand for commercial aircraft, and development of technologically advanced, next-generation aircraft components.
Technavio's aircraft engine electrical wiring harnesses and cable assembly market is segmented as below:
By Application
- Turbofan engine
- Turboprop engine
By End-user
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the development of CFRP-based electrical harnesses as one of the prime reasons driving the aircraft engine electrical wiring harnesses and cable assembly market growth during the next few years. Also, the use of solid-state electrical systems in conjunction with software configuration tools and the use of smart glasses to assist engine wire harnesses and cable assembly processes will lead to sizable demand in the market.
The report on the aircraft engine electrical wiring harnesses and cable assembly market covers the following areas:
- Aircraft engine electrical wiring harnesses and cable assembly market sizing
- Aircraft engine electrical wiring harnesses and cable assembly market forecast
- Aircraft engine electrical wiring harnesses and cable assembly market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aircraft engine electrical wiring harnesses and cable assembly market vendors that include AMETEK Inc., Amphenol Corp., Bel Fuse Inc., Carlisle Companies Inc., Consolidated Electronic Wire and Cable, Eaton Corp. Plc, ECI Inc., Glenair Inc., HarcoSemco LLC, John Wood Group PLC, kSARIA Corp., Lockheed Martin Corp., Melrose Industries Plc, Miracle Electronics Devices Pvt. Ltd., Raytheon Technologies Corp., Rockford Components Ltd., Safran SA, Silver Fox Ltd., TE Connectivity Ltd., and W. L. Gore and Associates Inc.. Also, the aircraft engine electrical wiring harnesses and cable assembly market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.