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(Transportation-News.com, January 24, 2019 )
Stratview Research has published a new research report on Aerospace & Defense Connectors Market. This extensive 240-page report by Stratview Research analyses the growth of Aerospace & Defense Connectors Market over the trend period of 2011 to 2016 and forecast period of 2017 to 2022 under the following segments -
● by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, and Others)
● by Application Type (Avionics and Control Systems, Interiors and IFE, and Others)
● by Product Type (Signal, Power, and Others)
● by Shape Type (Circular, Rectangular, and Others)
● by Sales Channel Type (Direct Sales, and Distributor Sales)
● and by Region (North America, Europe, Asia-Pacific, and RoW)
Go through the detailed scope: https://www.stratviewresearch.com/toc/225/aerospace-and-defense-connectors-market.html
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Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/225/aerospace-and-defense-connectors-market.html
Increasing production rate of commercial and regional aircraft
The aerospace & defense connectors market is projected to grow at a healthy CAGR (compound annual growth rate) of 5.1% over the next five years to reach US$ 1,713.2 million in 2022. Increasing production rate of commercial and regional aircraft, such as B737, A320, A350XWB, and C Series; upcoming aircraft & introduction of variants of existing aircraft, such as C919, MRJ, B737Max, A320neo, and E-2 Jets; rising global aircraft fleet; need for lower MRO (maintenance, repair, and overhaul) cost, high demand for the advanced avionic systems, and advancement in the connectors technology are major growth drivers of the aerospace & defense connectors market.
North America to remain the largest market
North America is projected to remain the largest market for connectors during the forecast period. North America is the manufacturing hub of the aerospace & defense industry with the presence of several large to small OEMs, tier players, and connector manufacturers. Increasing deliveries of Boeing and Bombardier aircraft, high demand for Lockheed Martin F-35, and large aircraft fleet size are the major drivers of connectors market in this region.
Top market players
Amphenol Corporation, TE Connectivity, ITT Corporation, Esterline Technologies Corporation, Carlisle Interconnect Technologies, Glenair Inc., Bel Fuse Inc., Smiths Group Plc, Rosenberger Group, and Radiall Inc. are the dominant players in the aerospace & defense connectors market. Long-term contracts and an advancement in the technology are the key strategies adopted by major players to gain a competitive edge in the market throughout the globe.
Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.
Stratview Research
Ritesh Gandecha
+1-313-307-4176
sales@stratviewresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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