wiredInUSA April 2019

A new market report on the future of the global aerospace wiring harness market estimates it will be worth $847 million by 2024. The major growth drivers will be increasing commercial aircraft, helicopters, general and military aircraft deliveries and increasing electrification in newer aircraft. Within this market, wiring harnesses use XL ETFE, TKT, PTFE, PI and others as insulation material. Lucintel researchers forecast that XL ETFE will remain the largest segment, and it is also expected to see the highest growth over the forecast period due to its light weight and heat-resistance advantages. North America is expected to remain the dominant market region, due to the presence of leadingaircraft OEMs. TheAsia-Pacificarea is expected towitness the highest growth over the forecast period, due to the development of new aircraft and a significant increase in aircraft deliveries. An emerging trend, with a direct impact on the dynamics of the aerospace wiring harness industry, will be the development of lightweight and high heat-resistant wires. Lucintel has analyzed the global aerospace wiring harness market by aircraft type, application type, insulation material, market type, by ampacity, and region. Details and downloads of its report, “Growthopportunities in theglobal aerospacewiring harnessmarket 2018-2023: trends, forecast, and opportunity analysis”, are available on the company’s website.

High-flying harness forecast

wiredInUSA - April 2019

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