Report : North America Aerospace & Defense Power Connector Market Forecast to 2027 - Covid-19 Impact and Regional Analysis by Current Rating (5Amp to 40Amp, >40Amp to 80Amp, >80Amp to 150Amp, >150Amp to 300Amp, >300Amp to 600Amp, >600Amp to 900Amp); Connector Shape (Rectangular and Circular); Application (Aerospace, Military Ground Vehicle, Body-worn Equipment, Naval Ships)
5Amp to 40Amp segment in Current Rating Segment to Dominate North America Aerospace & Defense Power Connector Market during 2019–2027
According to our new market research study on “North AmericaAerospace & Defense Power ConnectorForecast to 2027- COVID-19 Impact and Global Analysis by Current Rating, Connector Shape, Application, and Country,” the marketis expected to reach US$ 603.95Mn by 2027 from US$ 425.36Mn in 2019; it is estimated to grow at a CAGR of 4.7% from 2020 to 2027.The report provides trends prevailing in the North Americaaerospace & defense power connector market along with the drivers and restraints pertaining to it. The growth of the North America aerospace & defense power connector market is attributed to the escalating demand for commercial aircraft. However, the lowered production of wide-body aircraft restrains the growth of the market growth in this region.
The aerospace & defense power connector market, by current rating, is segmented into 5Amps to 40Amps, >40Amps to 80Amps, >80Amps to 150Amps, >150Amps to 300Amps, >300Amps to 600Amps, >600Amps to 900Amps. The 5Amp to 40Amp segment held the largest share of the market in 2019. Several application areas of power connectors with amperage ranging from 5Ams to 40Amps include commercial aircraft cabin systems and unmanned airborne systems. These connectors are capable of mating quickly; moreover, they provide superior durability and ensure proper connection via connector position assurance (CPA).
Amphenol Corporation, Eaton Corporation plc, TE Connectivity, MOLEX, LLC, ITT Inc, Fischer Connectors SA, AMETEK Inc., Collins Aerospace, Radiall, and Arrow Electronics, Inc are among the leading companies in the North Americaaerospace & defense power connector market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in February 2020, AMETEK announced the completion of a significant hermetic connector production expansion.
North AmericaAerospace & Defense Power Connector Market, By Country, 2019 to 2027 (%)
THE REPORT SEGMENTS THE NORTH AMERICA AEROSPACE & DEFENSE POWER CONNECTOR MARKET AS FOLLOWS:
Aerospace & Defense Power Connector Market – ByCurrent Rating
- 5Amp to 40Amp
- >40Amp to 80Amp
- >80Amp to 150Amps
- >150Amps to 300Amps
- >300Amps to 600Amps
- >600Amps to 900Amps
Aerospace & Defense Power Connector Market – By Connector Shape
- Rectangular
- Circular
Aerospace & Defense Power Connector Market – By Application
- Aerospace
- MilitaryGround Vehicle
- Body-worn Equipment
- Naval Ships
Aerospace & Defense Power Connector Market – By Country
- US
- Canada
- Mexico
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