Global Aircraft Cable Market Analysis 2022
The Global Aircraft Cable Market is expected to reach $1,074.63 million by 2028 growing at a CAGR of 6.9% from 2021 to 2028. Aircraft cable is a type of cable, which mainly finds application in the aircraft industry. The high strength and versatile aircraft cable can also be used for various pushing and pulling applications that includes sheaves, pulleys, and winches among others. These cables are strong and flexible cables manufactured by stranding together the wires of raw materials, such as galvanized steel, polyimide, or stainless steel. Aircraft cables had been historically used for managing aircraft controls-it is still its most common use-and for securing the aircraft during take-off and landing.
Factors such as increased data processing requirement, increasing demand for the production of new aircraft across the world, expansion of in-flight entertainment systems, and improved airline operating cost structure are driving the growth of the market. However, lack of professionals for installing aircraft cables is restraining the growth of the market.
Based on material type, the galvanized cables segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the low cost and non-corrosive galvanized cable properties. Galvanized aircraft cable is one of the most common and versatile cable ropes because of its flexibility and durability. GAC is often used for winches, zip lines, cable railings and more. Moreover, a galvanized aircraft cable is superior in providing corrosion resistance, but will offer quite the same level of protection that a stainless steel aircraft cable will offer. Galvanized aircraft cable strength, however, is slightly higher than stainless steel aircraft cable.
The key vendors mentioned are TE Connectivity, Amphenol Corporation, Rockwell Collins, Inc., W. L. Gore & Associates, Inc., Tyler Madison, Inc., Carlisle Companies, Inc., AMETEK, Inc, Nexans S.A., Loos & Co. Inc., Radiall, Collins Aerospace, Habia Cable AB, Leviton Manufacturing Co., Inc, Arrow Electronics, Inc, Unicor, A.E. Petsche Company, Sea Wire and Cable Inc., and Frequencia Ltd.
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