Global Aviation Connectors Market Growth, Latest Trends, Size, Share & Analysis Report 2022

The global 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.

Based on application, the avionics segment is estimated to lead the aviation connectors market during the forecast period. Growth of this segment can be attributed to the increase in aircraft orders and deliveries across the globe, and need for modern avionic systems. Increasing concerns over flight safety, and operational & maintenance costs have led to the need for modern avionics systems.

Based on shape, the circular segment of the aviation connectors market is projected to grow at the highest CAGR during the forecast period, owing the increasing demand for connectors from 3C application (computers, communications, and consumer electronics) in the aviation sector, and for advanced features, convenience, and connectivity products.

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The aviation connectors market in Asia-Pacific is projected to grow at the highest CAGR during the forecast period. This market in APAC has grown, owing to the rise in aircraft orders in the past five years and overall growth in the procurement of aircraft, thus propelling the demand for aviation connectors. Growing regional economies and modernization of aircraft programs are additional factors driving the aviation connectors market in this region.

Key players in the aviation connectors market include TE Connectivity (U.S.), Amphenol Corporation (U.S.), Carlisle Group (U.S.), and Bel Fuse Inc. (U.S.), among others.

Amphneol Corporation (U.S.) is also one of the leading players in the aviation connectors market. In April 2016, the company developed ruggedized VPX connectors. These connectors meet the VITA 46 standards, and have been designed for embedded computers used in commercial and military applications. Amphenol Aerospace is the largest producer of connectivity products for military and industrial applications. In April 2013, Amphenol Aerospace partnered with Datakey Electronics for the development of a ruggedized USB flash drive and panel-mount receptacle solution. Datakey Electronics is a developer of rugged and portable memory systems.

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