Report : Europe Aerospace Fiber Optic Cables Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Mode (Single Mode and Multi-mode); Application (Radar System, Flight Management System, Cabin Management System, In-flight Entertainment System, Electronic Warfare, Avionics, Others); Fit Type (Line Fit and Retrofit); End User (Commercial and Military); and Country

Avionics Segment to Dominate Europe Aerospace Fiber Optic Cables Market during 2019–2027

 

According to a new market research study on “EuropeAerospace Fiber Optic CablesMarketto 2027 – Regional Analysis and Forecast by Mode, Application, Fit Type, and End User,”is expected to reach US$ 668.63 Mn by 2027 from US$ 471.17 Mn in 2019. The market is estimated to grow at a CAGR of 4.8% from 2020 to 2027. The report provides trends prevailing in the Europeaerospace fiber optic cables marketalong with the drivers and restraints pertaining to the market growth.Growing demand for fiber optic cables due to need for higher bandwidth over long distance coupled with emphasizing attention towards aircraft weight reduction are the major factors driving the growth of the aerospace fiber optic cables market. However, high cost of maintenance and discontinuation of A380 Program might hinder the growth of Europeaerospace fiber optic cables market.

 

Based on the application, the aerospace fiber optic cables marketis divided into radar system, flight management system, cabin management system, in-flight entertainment system, electronic warfare, avionics, others. Avionics segmentheld the largest share of the market.The avionics plays a crucial role in modern-day aircraft. The aircraft manufacturers, avionics manufacturers, and several governing authorities are continuously emphasizing upgradation of avionics for commercial aircraft as well as military aircraft. With an objective to reduce weight of the aircraft, the demand for lightweight avionics components and associated technologies is surging, which is increasing the demand for fiber optic cables as these cables are much lighter in weight as compared to the existing copper cables. This factor is supporting the growth of aerospace fiber optic cabless market from the avionics segment.

 

Nexans, Prysmian Group, TE Connectivity and W. L. Gore and Associates, Inc.are among the leading companies in the Europeaerospace fiber optic cables market.Other players operating in this market include, Collins Aerospace, Carlisle Companies Incorporated, Ofs Fitel Llc, and AFL.The companies are focused on adopting both organic and inorganic growth strategies such as product launches, partnerships, and expansions to sustain their position in the dynamic market. For instance, in 2018, W. L. Gore & Associates U.K. Ltd. introduced rugged 1.8-millimeter Simplex aerospace fiber optic cabless for transferring mission-critical data on military high-speed avionics networks as fast as 10 gigabits per second.

 

Europe Aerospace Fiber Optic Cables Market, By Country, 2019 and 2027 (%)

Europe Aerospace Fiber Optic Cables Market, By Country, 2019 and 2027 (%)

 

The report segments the Europe Aerospace Fiber Optic Cables market as follows:

 

Aerospace Fiber Optic Cables Market– ByMode

  • Single-Mode
  • Multi-Mode


Aerospace Fiber Optic Cables Market – By Application

  • Radar Systems
  • Flight Management Systems
  • Cabin Management Systems
  • In-flight Entertainment Systems
  • Electronic Warfare
  • Avionics
  • Others


Aerospace Fiber Optic Cables Market– By Fit Type

  • Line Fit
  • Retrofit


Aerospace Fiber Optic Cables Market – By End User

  •      Commercial
  •      Military

Aerospace Fiber Optic Cables Market – By Country

  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Rest of Europe

 

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