The backshell market in Asia Pacific is expected to grow from US$ 105.70 million in 2021 to US$ 174.64 million by 2028; it is estimated to grow at a CAGR of 7.4% from 2021 to 2028.
With the growing concern over carbon emissions, various industries are getting inclined toward the adoption of clean technology to reduce their respective carbon footprints. In terms of transportation, the automotive industry is currently experiencing a significant shift toward electrification. However, the aerospace industry is investing notably in developing electric aircraft. The rising price of fuels is one of the major factors that are driving the aerospace industry to develop electric solutions. Moreover, half of all global flights are shorter than 500 miles. The military-grade connectors along with respective backshells have their applications in commercial electric aircraft. A few companies such as Eviation, magniX, Heart Aerospace, Pipistrel, Ampaire, Bye Aerospace, and Zunum Aero are front runners in the electric aircraft arena. Also, less maintenance, fewer moving components, and lower electricity cost substantially reduce the overall operational cost of an electric aircraft. Thus, the emergence of electric aircraft is expected to create lucrative growth opportunities for the backshell market in the coming years, as the electric aircraft models would require significantly higher volumes of connectors. The volume of backshells is directly proportional to the volume of connectors, which is the catalyst for the backshell market growth.
The COVID-19 pandemic has severely impacted APAC due to wide disease spread; countries in this region are among the highly populated countries in the world, which leads to the greater risk infection spread. Many global brands and technological companies are headquartered in the region. According to the Organization for Economic Co-operation and Development (OECD), the pandemic has affected major economies such as China, India, Australia, and Japan, which are experiencing inflation. The rapid outbreak of the COVID-19 pandemic has led to strict lockdowns across the region since the starting of 2020. Some part of the region like India are still facing lockdowns owing to the rising cases across the country. The lockdown of various factories in China affects the global supply chains and negatively impacts development, delivery schedules of various products and services. Even as the factories in China are beginning to reopen, several businesses have reduced or hit pause on their operations. The region comprises of several developing countries, which consist of large number of manufacturing facilities. The temporary closure of all economic activities and travel restrictions have drastically reduced the airline passengers leading to low demand for aircrafts among them. Moreover, the travel restriction imposed across the nations have also led to the disruption of supply chain of both manufacturing components and final products from major economies like India and China. These factors have negatively impacted the market due to the outbreak of COVID-19.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific backshell market. The Asia Pacific backshell market is expected to grow at a good CAGR during the forecast period.
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Asia Pacific Backshell Market Segmentation
Asia Pacific Backshell Market – By Type
- Circular
- Rectangular
Asia Pacific Backshell Market – By Material
- Aluminum
- Nickel
- Stainless Steel
- Others
Asia Pacific Backshell Market – By Military Standard
- AS85049 Series
- MIL-DTL-38999
- MIL-DTL-83723
- MIL-DTL-5015
- MIL-DTL-26482
- Others
Asia Pacific Backshell Market – By Application
- Ground
- Naval
- Air
- Commercial Aircraft
- Military Aircraft
Asia Pacific Backshell Market – By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
Asia Pacific Backshell Market – Companies Mentioned
- Amphenol Corporation
- Collins Aerospace
- TE Connectivity
- Souriau Sunbank (EATON)
- Arrow Electronics, Inc.
- Glenair, Inc.
- Curtiss-Wright Corporation
- PEI-Genesis.com
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Backshell – Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to New Entrants
4.2.4 Threat to Substitutes
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
5. Asia Pacific Backshell – Market Dynamics
5.1 Market Drivers
5.1.1 Expanding Use of Aluminium Backshell
5.1.2 Fostering Military Expenditures
5.2 Market Restraints
5.2.1 Binding Regulations around MIL Spec Backshells
5.3 Market Opportunities
5.3.1 Surging Development of Commercial Electric Aircraft
5.4 Impact Analysis of Drivers and Restraints
6. Asia Pacific Backshell Market – Market Analysis
6.1 Asia Pacific Backshell Market Overview
6.2 Asia Pacific Backshell Market Revenue Forecast and Analysis
7. Asia Pacific Backshell Market Analysis – by Type
7.1 Overview
7.2 Asia Pacific: Backshell Market, by Type
7.3 Circular Backshell
7.3.1 Overview
7.3.2 Circular Backshell: Backshell Market Revenue and Forecast to 2028 (US$ Million)
7.4 Rectangular Backshell
7.4.1 Overview
7.4.2 Rectangular Backshell: Backshell Market Revenue and Forecast to 2028 (US$ Million)
8. Asia Pacific Backshell Market Analysis – by Material
8.1 Overview
8.2 Asia Pacific: Backshell Market, by Material
8.3 Aluminum
8.3.1 Overview
8.3.2 Aluminum: Backshell Market Revenue and Forecast to 2028 (US$ Million)
8.4 Nickel
8.4.1 Overview
8.4.2 Nickel: Backshell Market Revenue and Forecast to 2028 (US$ Million)
8.5 Stainless Steel
8.5.1 Overview
8.5.2 Stainless Steel: Backshell Market Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Backshell Market Revenue and Forecast to 2028 (US$ Million)
9. Asia Pacific Backshell Market Analysis – by Military Standards
9.1 Overview
9.2 Asia Pacific: Backshell Market, by Military Standards
9.3 AS85049 Series
9.3.1 Overview
9.3.2 AS85049 Series: Backshell Market Revenue and Forecast to 2028 (US$ Million)
9.4 MIL-DTL-38999
9.4.1 Overview
9.4.2 MIL-DTL-38999: Backshell Market Revenue and Forecast to 2028 (US$ Million)
9.5 MIL-DTL-83723
9.5.1 Overview
9.5.2 MIL-DTL-83723: Backshell Market Revenue and Forecast to 2028 (US$ Million)
9.6 MIL-DTL-5015
9.6.1 Overview
9.6.2 MIL-DTL-5015: Backshell Market Revenue and Forecast to 2028 (US$ Million)
9.7 MIL-DTL-26482
9.7.1 Overview
9.7.2 MIL-DTL-26482: Backshell Market Revenue and Forecast to 2028 (US$ Million)
9.8 Others
9.8.1 Overview
9.8.2 Others: Backshell Market Revenue and Forecast to 2028 (US$ Million)
10. Asia Pacific Backshell Market Analysis – by Application
10.1 Overview
10.2 Asia Pacific: Backshell Market, by Application
10.3 Ground
10.3.1 Overview
10.3.2 Ground: Backshell Market Revenue and Forecast to 2028 (US$ Million)
10.4 Naval
10.4.1 Overview
10.4.2 Naval: Backshell Market Revenue and Forecast to 2028 (US$ Million)
10.5 Air
10.5.1 Overview
10.5.2 Air: Backshell Market Revenue and Forecast to 2028 (US$ Million)
10.5.3 Commercial Aircraft
10.5.3.1 Overview
10.5.3.2 Commercial Aircraft: Backshell Market Revenue and Forecast to 2028 (US$ Million)
10.5.4 Military Aircraft
10.5.4.1 Overview
10.5.4.2 Military Aircraft: Backshell Market Revenue and Forecast to 2028 (US$ Million)
11. Asia Pacific Backshell Market – Country Analysis
11.1 Overview
11.1.1 Asia Pacific: Backshell Market, by Key Country
11.1.2 Australia: Backshell Market – Revenue and Forecast to 2028 (US$ Million)
11.1.2.1 Australia: Backshell Market, by Type
11.1.2.2 Australia: Backshell Market, by Material
11.1.2.3 Australia: Backshell Market, by Military Standards
11.1.2.4 Australia: Backshell Market, by Application
11.1.3 China: Backshell Market – Revenue and Forecast to 2028 (US$ Million)
11.1.3.1 China: Backshell Market, by Type
11.1.3.2 China: Backshell Market, by Material
11.1.3.3 China: Backshell Market, by Military Standards
11.1.3.4 China: Backshell Market, by Application
11.1.4 India: Backshell Market – Revenue and Forecast to 2028 (US$ Million)
11.1.4.1 India: Backshell Market, by Type
11.1.4.2 India: Backshell Market, by Material
11.1.4.3 India: Backshell Market, by Military Standards
11.1.4.4 India: Backshell Market, by Application
11.1.5 Japan: Backshell Market – Revenue and Forecast to 2028 (US$ Million)
11.1.5.1 Japan: Backshell Market, by Type
11.1.5.2 Japan: Backshell Market, by Material
11.1.5.3 Japan: Backshell Market, by Military Standards
11.1.5.4 Japan: Backshell Market, by Application
11.1.6 South Korea: Backshell Market – Revenue and Forecast to 2028 (US$ Million)
11.1.6.1 South Korea: Backshell Market, by Type
11.1.6.2 South Korea: Backshell Market, by Material
11.1.6.3 South Korea: Backshell Market, by Military Standards
11.1.6.4 South Korea: Backshell Market, by Application
11.1.7 Rest of APAC: Backshell Market – Revenue and Forecast to 2028 (US$ Million)
11.1.7.1 Rest of APAC: Backshell Market, by Type
11.1.7.2 Rest of APAC: Backshell Market, by Material
11.1.7.3 Rest of APAC: Backshell Market, by Military Standards
11.1.7.4 Rest of APAC: Backshell Market, by Application
12. Asia Pacific Backshell Market - COVID-19 Impact Analysis
12.1 Overview
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 New Product Development
13.4 Merger and Acquisition
14. Company Profiles
14.1 Amphenol Corporation
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Collins Aerospace
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Glenair, Inc.
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Curtiss-Wright Corporation
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Arrow Electronics, Inc.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 PEI-Genesis.com
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 TE Connectivity
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Souriau Sunbank (EATON)
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Word Index
LIST OF TABLES
Table 1. Asia Pacific Backshell Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Asia Pacific: Backshell Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia: Backshell Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia: Backshell Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 5. Australia: Backshell Market, by Military Standards – Revenue and Forecast to 2028 (US$ Million)
Table 6. Australia: Backshell Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 7. Australia: Backshell Market, by Air – Revenue and Forecast to 2028 (US$ Million)
Table 8. China: Backshell Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. China: Backshell Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 10. China: Backshell Market, by Military Standards – Revenue and Forecast to 2028 (US$ Million)
Table 11. China: Backshell Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 12. China: Backshell Market, by Air – Revenue and Forecast to 2028 (US$ Million)
Table 13. India: Backshell Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. India: Backshell Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 15. India: Backshell Market, by Military Standards – Revenue and Forecast to 2028 (US$ Million)
Table 16. India: Backshell Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 17. India: Backshell Market, by Air – Revenue and Forecast to 2028 (US$ Million)
Table 18. Japan: Backshell Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. Japan: Backshell Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 20. Japan: Backshell Market, by Military Standards – Revenue and Forecast to 2028 (US$ Million)
Table 21. Japan: Backshell Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 22. Japan: Backshell Market, by Air – Revenue and Forecast to 2028 (US$ Million)
Table 23. South Korea: Backshell Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 24. South Korea: Backshell Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 25. South Korea: Backshell Market, by Military Standards – Revenue and Forecast to 2028 (US$ Million)
Table 26. South Korea: Backshell Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 27. South Korea: Backshell Market, by Air – Revenue and Forecast to 2028 (US$ Million)
Table 28. Rest of APAC: Backshell Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 29. Rest of APAC: Backshell Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 30. Rest of APAC: Backshell Market, by Military Standards – Revenue and Forecast to 2028 (US$ Million)
Table 31. Rest of APAC: Backshell Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 32. Rest of APAC: Backshell Market, by Air – Revenue and Forecast to 2028 (US$ Million)
Table 33. List of Abbreviation
LIST OF FIGURES
Figure 1. Asia Pacific Backshell Market Segmentation
Figure 2. Asia Pacific Backshell Market Segmentation – By Country
Figure 3. Asia Pacific Backshell Market Overview
Figure 4. Asia Pacific Backshell Market, by Type
Figure 5. Asia Pacific Backshell Market, by Application
Figure 6. Asia Pacific Backshell Market, By Country
Figure 7. Porter’s Five Forces Analysis
Figure 8. Asia Pacific Backshell Market: Ecosystem Analysis
Figure 9. Asia Pacific Backshell Market: Impact Analysis of Drivers and Restraints
Figure 10. Asia Pacific Backshell Market Revenue Forecast and Analysis (US$ Million)
Figure 11. Asia Pacific: Backshell Market Revenue Share, by Type (2020 & 2028)
Figure 12. Circular Backshell: Backshell Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Rectangular Backshell: Backshell Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Asia Pacific: Backshell Market Revenue Share, by Material (2020 & 2028)
Figure 15. Aluminum: Backshell Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Nickel: Backshell Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Stainless Steel: Backshell Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Others: Backshell Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Asia Pacific: Backshell Market Revenue Share, by Military Standards (2020 & 2028)
Figure 20. AS85049 Series: Backshell Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. MIL-DTL-38999: Backshell Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. MIL-DTL-83723: Backshell Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. MIL-DTL-5015: Backshell Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. MIL-DTL-26482: Backshell Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Others: Backshell Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Asia Pacific: Backshell Market Revenue Share, by Application (2020 & 2028)
Figure 27. Ground: Backshell Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Naval: Backshell Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. Air: Backshell Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. Commercial Aircraft: Backshell Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. Military Aircraft: Backshell Market Revenue and Forecast to 2028 (US$ Million)
Figure 32. Geographic Overview of Asia Pacific Backshell Market
Figure 33. Asia Pacific: Backshell Market Revenue Share, by Key Country (2020 & 2028)
Figure 34. Australia: Backshell Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. China: Backshell Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. India: Backshell Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Japan: Backshell Market – Revenue and Forecast to 2028 (US$ Million)
- Amphenol Corporation
- Collins Aerospace
- TE Connectivity
- Souriau Sunbank (EATON)
- Arrow Electronics, Inc.
- Glenair, Inc.
- Curtiss-Wright Corporation
- PEI-Genesis.com
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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