Current Business Affairs Global Aviation Connectors Market 2018

Global Aviation Connectors Market Trends, Analysis, and Forecast To
2025
The market for aviation connectors in Asia Pacific region is witnessing a high growth and is anticipated to dominate the
market share in terms of revenues for the forecast period. The market is highly influenced by the industrialization in this
geography. Also, increasing investment in this geography is expected to drive the aviation connectors market.
Furthermore, Growing regional economies and modernization of aircraft programs are additional factors driving the
aviation connectors market in this region.
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The market is driven by the need for modern avionic systems. Increasing concerns over flight safety, and reducing
operational & maintenance cost have led to the need for modern aviation connectors. The circular connectors
anticipated to witness higher growth due to the increasing demand for connectors from 3C application (computers,
communications, and consumer electronics) in the aviation sector, and increasing demand for advanced features,
convenience, and connectivity products. The fixed wing is anticipated to witness higher growth due to the increase in air
passenger traffic across the globe and upgradation of aircraft, which is leading to the increase in demand for fixed wing
commercial aircraft. Hence, this will result in the growth of aviation connectors market for fixed wing.
Additionally, the market growth is also anticipated to be emphasized with manufacturers determined to enhance these
aviation connectors product or adding them in their already existing products with an aim to attract new customers and
enhance their consumer base. High investment in research and development aimed at product innovation and gain
competitive edge over other competitors is driving the market in the region.
Manufacturers are highly on expanding their market share in the Asia Pacific region attributed to the growing demand
for aviation connectors with the industry growth in this region. Some of the major players operating in the aviation
connectors market include Eaton Corporation, ITT Corporation, Smiths Group PLC, Radiall, Rosenberger Group, TE
Connectivity, Amphenol Corporation, Carlisle Group and Bel Fuse Inc. among others.
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