Dublin, Sept. 08, 2020 (GLOBE NEWSWIRE) -- The "Aerospace Fiber Optic Cables Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Mode; Application; Fit Type; End User" report has been added to ResearchAndMarkets.com's offering.
In terms of revenue, the global aerospace fiber optic cables market was valued at US$ 1, 924.65 million in 2019 and is expected to grow at a CAGR of 4.3% during the forecast period to reach US$ 2, 645.86 million by 2027.
The commercial aviation sector has begun to adopt the fiber optic cables technology in the recent past, with limited aircraft fleet using the technology across their airframe. Since the commercial aircraft manufacturers are facing enormous orders and are delivering substantial fleet size to different airlines, the commercial sector poses a lucrative business opportunity for the aerospace fiber optic cables market players. Additionally, the MRO activities are tremendously growing across the globe, and the modification and retrofitting are among the crucial components of aircraft MRO. Thus, retrofitting of fiber optic cables on commercial aircraft fleet is expected to drive the businesses of aerospace fiber optic cables market players.
The aerospace fiber optic cables market has been segmented on the basis of mode, application, fir type, end user, and geography. Based on mode, the aerospace fiber optic cables market is segmented as single-mode and multi-mode. On the basis of end user, the market has been segmented into commercial and military. Geographically, the aerospace fiber optic cables market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and South America.
Amphenol Corporation, AFL, Carlisle Interconnect Technologies, Collins Aerospace (Raytheon Technologies Corp.), Nexans S.A., W. L. Gore & Associates, Inc., Timbercon, Inc., TE Connectivity, Prysmian Group, and OFS Fitel, LLC some of the well-established aerospace fiber optic cables market players.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global aerospace fiber optic cables market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the global aerospace fiber optic cables market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Impact of COVID-19 Pandemic on Aerospace Fiber Optic Cables Market
The aircraft production industry is heavily dependent on manual labor despite robotic technology. In the wake of strong lockdown regulations imposed by several countries, the aircraft-manufacturing sector is experiencing a significantly lower number of labors in respective aircraft and component manufacturing facilities. Since the aircraft-manufacturing sector is majorly concentrated in North America and Europe, the two regions are facing a tremendous challenge in maintaining its manufacturing pace with the outbreak. The European countries manufacture various aircraft components; however, increasing number of COVID-19 infected patients is posing a significant challenge to a majority of European countries. The plane makers across the globe are witnessing a severe downfall in component procurement, which is reflecting downfall in the production of aircraft.
Attributing to the fact that the aerospace fiber optic cables market players are scattered across North America, Europe, and APAC region, the outbreak across these regions has resulted in disruption in adequate manufacturing quantity of fiber optic cables and supply chain. This has negatively affected the aerospace fiber optic cables market.
Overall size of the aerospace fiber optic cables market is derived using primary and secondary sources. The research process begins with extensive secondary research using internal and external sources to obtain qualitative and quantitative information related to the aerospace fiber optic cables market. It also provides the overview and forecast for the global aerospace fiber optic cables market based on all segmentation provided concerning five primary reasons such as North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Also, primary interviews were conducted with industry participants and commentators to validate and analyze the data. The participants who take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specialized in the aerospace fiber optic cables market.
Key Topics Covered:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Aerospace Fiber Optic Cables Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to New Entrants
4.2.4 Threat to Substitutes
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
5. Aerospace Fiber Optic Cables Market - Key Market Dynamics
5.1 Key Market Driver
5.1.1 Accentuating Attention towards Aircraft Weight Reduction
5.1.2 Rising Demand for Higher Bandwidth over Long Distance
5.2 Key Market Restraint
5.2.1 Cost Associated with Maintenance of Fiber Optic Cables and Discontinuation of A380 Program
5.3 Key Market Opportunity
5.3.1 Growing Demand for IFE to Stimulate the Adoption
5.4 Future Trends
5.4.1 Integration of Advanced Technologies to Surge the Demand
5.5 Impact Analysis of Drivers and Restraints
6. Aerospace Fiber Optic Cables - Global Market Analysis
6.1 Overview
6.2 Aerospace Fiber Optic Cables Market - Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning - Global Market Players Ranking
7. Aerospace Fiber Optic Cables Market Analysis - By Mode
7.1 Overview
7.2 Aerospace Fiber Optic Cables Market, By Mode (2019 and 2027)
7.3 Single-mode
7.3.1 Overview
7.3.2 Single-mode: Aerospace Fiber Optic Cables Market - Revenue and Forecast to 2027 (US$ Million)
7.4 Multimode-mode
7.4.1 Overview
7.4.2 Multimode-mode: Aerospace Fiber Optic Cables Market - Revenue and Forecast to 2027 (US$ Million)
8. Aerospace Fiber Optic Cables Market - By Application
8.1 Overview
8.2 Aerospace Fiber Optic Cables Market, by Application (2019 and 2027)
8.3 Radar Systems
8.3.1 Overview
8.3.2 Radar Systems: Aerospace Fiber Optic Cables Market - Revenue and Forecast to 2027 (US$ Million)
8.4 Flight Management Systems
8.4.1 Overview
8.4.2 Flight Management Systems: Aerospace Fiber Optic Cables Market - Revenue and Forecast to 2027 (US$ Million)
8.5 Cabin Management Systems
8.5.1 Overview
8.5.2 Cabin Management Systems: Aerospace Fiber Optic Cables Market - Revenue and Forecast to 2027 (US$ Million)
8.6 In-flight Entertainment Systems
8.6.1 Overview
8.6.2 In-flight Entertainment Systems: Aerospace Fiber Optic Cables Market - Revenue and Forecast to 2027 (US$ Million)
8.7 Electronic Warfare
8.7.1 Overview
8.7.2 Electronic Warfare: Aerospace Fiber Optic Cables Market - Revenue and Forecast to 2027 (US$ Million)
8.8 Avionics
8.8.1 Overview
8.8.2 Avionics: Aerospace Fiber Optic Cables Market - Revenue and Forecast to 2027 (US$ Million)
8.9 Others
8.9.1 Overview
8.9.2 Others: Aerospace Fiber Optic Cables Market - Revenue and Forecast to 2027 (US$ Million)
9. Aerospace Fiber Optic Cables Market Analysis - By Fit Type
9.1 Overview
9.2 Aerospace Fiber Optic Cables Market, By Fit Type (2019 and 2027)
9.3 Line Fit
9.3.1 Overview
9.3.2 Line Fit: Aerospace Fiber Optic Cables Market - Revenue and Forecast to 2027 (US$ Million)
9.4 Retrofit
9.4.1 Overview
9.4.2 Retrofit: Aerospace Fiber Optic Cables Market - Revenue and Forecast to 2027 (US$ Million)
10. Aerospace Fiber Optic Cables Market Analysis - By End user
10.1 Overview
10.2 Aerospace Fiber Optic Cables Market, By End user (2019 and 2027)
10.3 Military
10.3.1 Overview
10.3.2 Military: Aerospace Fiber Optic Cables Market - Revenue and Forecast to 2027 (US$ Million)
10.4 Commercial
10.4.1 Overview
10.4.2 Commercial: Aerospace Fiber Optic Cables Market - Revenue and Forecast to 2027 (US$ Million)
11. Aerospace Fiber Optic Cables Market - Geographic Analysis
11.1 Overview
11.2 North America: Aerospace Fiber Optic Cables Market
11.3 Europe: Aerospace Fiber Optic Cables Market
11.4 APAC: Aerospace Fiber Optic Cables Market
11.5 MEA: Aerospace Fiber Optic Cables Market
11.6 SAM: Aerospace Fiber Optic Cables Market
12. Impact of Coronavirus Outbreak
12.1 Impact of COVID-19 Pandemic on Global Aerospace Fiber Optic Cables Market
12.1.1 North America: Impact Assessment of COVID-19 Pandemic
12.1.2 Europe: Impact Assessment of COVID-19 Pandemic
12.1.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
12.1.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
12.1.5 South America: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Market Initiative
14. Company Profiles
14.1 AFL
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Amphenol Corporation
14.3 Carlisle Companies Incorporated
14.4 Collins Aerospace, a Raytheon Technologies Company
14.5 Nexans
14.6 Ofs Fitel Llc
14.7 Prysmian Group
14.8 TE Connectivity
14.9 Timbercon Inc.
14.10 W. L. Gore & Associates, Inc.
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