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(Transportation-News.com, August 22, 2017 ) The global aerospace & defense connectors market is projected to grow at a healthy CAGR (compound annual growth rate) of 5.1% over the next five years to reach US$ 1,713.2 million in 2022. Increasing production rate of commercial and regional aircraft, such as B737, A320, A350XWB, and C Series; upcoming aircraft & introduction of variants of existing aircraft, such as C919, MRJ, B737Max, A320neo, and E-2 Jets; rising global aircraft fleet; need for lower MRO (maintenance, repair, and overhaul) cost, high demand for the advanced avionic systems, and advancement in the connectors technology are major growth drivers of the global aerospace & defense connectors market.
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Amphenol Corporation, TE Connectivity, ITT Corporation, Esterline Technologies Corporation, Carlisle Interconnect Technologies, Glenair Inc., Bel Fuse Inc., Smiths Group Plc, Rosenberger Group, and Radiall Inc. are the dominant players in the global aerospace & defense connectors market. Long-term contracts and an advancement in the technology are the key strategies adopted by major players to gain a competitive edge in the market throughout the globe.
Report Features: -Attractive market segments and associated growth opportunities -Emerging trends -Strategic growth opportunities for the existing and new players -Key success factors
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Segmented into Following Categories:
Aircraft Type: Narrow-Body Aircraft Wide-Body Aircraft Very Large Aircraft Regional Aircraft General Aviation
Application Type: Avionics and Control Systems Interiors and IFE Engine Landing Gear Airframe
Product Type: Signal Power Radio Frequency Fiber Optics Ethernet
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