At 6.8% CAGR, the North America Aerospace and Military Fiber Optics Market   is projected to be worth US$ 3,190.19 million by 2028, says Business Market Insights           

According to Business Market Insights’ research, the North America aircraft interface device market   was valued at US$ 2,057.62 million in 2021 and is expected to reach US$ 3,190.19 million by 2028, registering an annual growth rate of 6.8% from 2021 to 2028. Rising in procurement of advanced communication system to strengthen communication security , increasing use in new and upgraded aircraft are the critical factors attributed to the market expansion.                  

According to Airbus  Market Forecast, the commercial aircraft fleet stood at 22,950 aircraft at the start of 2020, and it is expected to rise to 46,720 units by 2040. The manufacturers of commercial and general aviation aircraft are focused on technologically advanced solutions, such as advanced in-flight entertainment (IFE) and cabin interiors, robust avionics, and enhanced radar systems. The integration of such components with modern fleets is a prime factor catalyzing the procurement of fiber optics, such as cables and connectors. Further, the upgrading of existing commercial and general aviation aircraft fleets also plays a crucial role in driving the aerospace and military fiber optic market. Continuously flourishing customer-centric business models among commercial and general aviation aircraft owners are substantially boosting the IFE domain, which is propelling the installation of fiber optic cables and connectors. Military aircraft OEMs are incorporating electric warfare (EW) systems in various models, including fighter aircraft fleets, transport aircraft models, and surveillance aircraft fleets. Thus, the escalating production and delivery of defense aircraft models is one of the key forces boosting the aerospace fiber optic market. Lockheed Martin Corporation delivered 22 C-130 J and 142 F-35 models in 2021. The two models are technologically robust with electronic warfare capabilities. Similarly, Boeing delivered 21 electronic units of F/A-18 Hornet warfare aircraft in 2021. The rise in such aircraft deliveries is encouraging the aerospace and military fiber optic market players to scale up their production volumes.

On the contrary, suspension of older aircraft fleets hurdles the growth of North America aircraft interface device market   . 

Based on component , the North America aircraft interface device market is bifructed into cables and connectors.The cables segment held 56.4% market share in 2021, amassing US$ 1161.31 million. It is projected to garner US$ 1852.40 million by 2028 to expand at 7.3% CAGR during 2021–2028.    

Based on sytem, the North America aircraft interface device market is divided into radar systems, flight management systems, in-flight entertainment systems, communication systems, electronic warfare, cabin interiors, and avionics. The communication systems segment held 25.9% market share in 2021, amassing US$ 533.09 million. It is projected to garner US$ 717.05 million by 2028 to expand at 4.7% CAGR during 2021–2028.    

Based on application ,the North America aircraft interface device market is divided into commercial aviation, military, and general aviation . The military  segment held 43.2% market share in 2021, amassing US$ 888.73 million. It is projected to garner US$ 1,459.86 million by 2028 to expand at 7.7% CAGR during 2021–2028.   

Based on country, the North America aircraft interface device market  has been categorised into the US, Canada, and Mexico.  Our regional analysis states that US captured 64.2% market share in 2021. It was assessed at US$ 1,320.68 million in 2021 and is likely to hit US$ 1,989.40 million by 2028, exhibiting a CAGR of 6.4% during the forecast period.            

Key players dominating the North America aircraft interface device market are Carlisle Interconnect Technologies ; TE Connectivity ; AFL ; W. L. Gore & Associates, Inc. ; Amphenol Corporation ; Raytheon Technologies Corporation ; Nexans    ; Radiall ;and Glenair, Inc. among others.

• In 2021, Amphenol Corporation has acquired Halo Technology Limited for approximately $715 million. Halo is headquartered in Tustin, California with operations in North America and Europe, and is a leading provider of active and passive fiber optic interconnect components for the communications infrastructure markets with expected 2021 sales of approximately $250 million.
• In 2020, Radiall have acquired Timbercon, giving Timbercon the opportunity to offer even more extensive range of products to their customers. Timbercon provides fiber-optic interconnect technology for the aerospace, defense, medical, data storage, telecommunications, industrial, broadcast, and networking markets.