The North America aerospace and military fiber optics market is expected to reach US$ 3,190.19 million by 2028 from US$ 2,057.62 million in 2021; it is estimated to grow at a CAGR of 6.8% from 2021 to 2028.
The aerospace industry and defense forces use advanced communication systems to facilitate effective and continuous contact between personnel at different sites and the base station or ground station. Thus, these two industries pose a continuously high demand for technologically-advanced and high-speed communication systems. The major benefit conferred by high-speed data transfer solutions is the access to real-time information with minimum scope for data loss. Commercial airlines are opting for long-haul flights owing to increasing passenger traffic on these routes. Long-haul flights demand high-speed communication and seamless connectivity. Ethernet has been preferred for network infrastructure protocol among commercial airlines over the years, owing to its superior performance, reliability, and universally accepted open standard. However, Ethernet network connectivity faced limitations in transmitting high bandwidth data over longer distances. On the other side, fiber optic cables can transfer high-speed data over longer distances. Owing to this, several aircraft cabling system manufacturers venture into the fiber optic cable industry, which has been benefiting commercial airlines over the recent years. Defense forces require long-distance communications to transfer real-time information to the troops. They rely on a complex and large network of physical components and software for their communication capabilities. Therefore, fiber optic products have been a prominent choice among defense communication system manufacturers as they can transfer data at high speed over longer distances. Recently, in 2022, the US Army awarded a US$ 514 million contract to CACI International to seek its help in modernizing external plant infrastructure and facilities with fiber optic cables for communications. Such developments boost the North America aerospace and military fiber optic market growth.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America aerospace and military fiber optics market growth at a notable CAGR during the forecast period.
North America Aerospace and Military Fiber Optics Market Revenue and Forecast to 2028 (US$ Million)
North America Aerospace and Military Fiber Optics Market – Segmentation
The North America aerospace and military fiber optics market is segmented on the basis of components, application, and end user. Based on components, the market is bifructed into cables and connectors. Based on application, the North America aerospace and military fiber optics market is segmented into radar systems, flight management systems, in-flight entertainment systems, communication systems, electronic warfare, cabin interiors, and avionics. Based on end user, the market is segmented into commercial aviation, military, and general aviation. By country, the North America aerospace and military fiber optics market is segmented into the US, Canada, and Mexico.
North America Aerospace and Military Fiber Optics Market – Companies Mentioned
Carlisle Interconnect Technologies; TE Connectivity; AFL; W. L. Gore & Associates, Inc.; Amphenol Corporation; Raytheon Technologies Corporation; Nexans; Radiall; and Glenair, Inc. are among the leading companies in the North America aerospace and military fiber optics market.