Aviation Connectors Market worth 5.52 Billion USD by 2022

1. Aviation Connectors Market by Application (Landing Gear, Engine Control System, Avionics, Cabin Equipment, Others), Type (PCB, High Power, High Speed, RF Connectors, Fiber Optics), Shape (Circular, Rectangular), & Region - Global Forecast to 2022 Know more about the Global Market: https://www.marketsandmarkets.com/Market-Reports/aviation-connectors-market-91358416.html The aviation connectors market is projected to grow from USD 4.13 Billion in 2016 to USD 5.52 Billion by 2022, at a CAGR of 4.97% during the forecast period. Factors such as increase in aircraft orders and deliveries across the globe, need for modern avionic systems, increasing flight safety, and decreasing operational & maintenance cost are the major growth factors for the aviation connectors market. The market has been segmented on the baisis of application, type, shape, platform, end user, and region. Based on application, the aviation connectors market has been segmented in landing gear, in-flight entertainment, avionics, cabin equipment, and others. The avionics segment is anticipated to grow at the highest CAGR during the forecast period. Increase in aircraft orders and deliveries across the globe are the major growth factors for the aviation connectors market. The market is also 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. Based on type, the aviation connectors market has been segmented into PCB, fiber optic, high power, high speed, RF connectors, and others. The fiber optic segment is estimated to account for the largest market share in 2016, owing to the increased procurement of fiber optics to cater to the rising demand for high-speed data transmission and increasing use of new telecommunication technologies such as FTTx applications. Based on shape, the aviation connectors market has been segmented into circular and rectangular connectors. The circular connectors segment is 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. Based on platform, the aviation connectors market has been segmented into fixed wing and rotary wing. The fixed wing segment 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. Press Release: https://www.marketsandmarkets.com/PressReleases/aviation-connectors.asp MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email: newsletter@marketsandmarkets.com