Europe Aircraft Wire & Cable Market to Grow at a CAGR of 7.2% to reach US$ 279.99 million from 2021 to 2028

Europe Aircraft Wire & Cable Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Cable, Wire, and Harness), Aircraft Type (Commercial and Military), Fit Type (Line Fit and Retrofit), and Application (Power Transfer, Data Transfer, Flight Control System, Avionics, and Lighting)

  • Report Code : TIPRE00022103
  • Category : Aerospace and Defense
  • Status : Published
  • No. of Pages : 167
Buy Now

The aircraft wire & cable market in Europe is expected to grow from US$ 168.50 million in 2020 to US$ 279.99 million by 2028; it is estimated to grow at a CAGR of 7.2% from 2021 to 2028.



France, Germany, Italy, UK, and Russia are major economies in Europe. Innovative aircraft solutions getting developed is the major factor driving the Europe aircraft wire & cable market. The surge in the number of air travelers has attributed to the development of innovative aircraft lightning solutions, in-flight entertainment, and other solutions for enabling an improved traveling experience. As a result, the effective integration and installation of innovative lightning and in-flight entertainment solutions such as audio and video systems, display screens, cabin lighting, reading lights, and specialty lights continue to provide numerous profitable business opportunities for the market players. Advanced flight control systems are deployed highly on commercial aircraft, which require faster data transfer for communication. To provide higher data rates while mitigating the weight and size of wiring harnesses for fuel-efficient aircraft, manufacturers procure fiber optic technology solutions. Fiber optics has the capability to transmit data for longer distances while being lightweight and less disruptive than copper. Fiber optics cable can carry more electronic signals and is free from short circuit arcing. As it has a huge bandwidth capability, it can send numerous different signals in one optical fiber with a low level of cross talk. The immense use of fiber optic technology in the aerospace & defense sector can be attributed to the rising commercial adoption of fiber optic cables and growth in platforms such as unmanned systems and space launch vehicles. For improved data transfer rates, aircraft OEMs are demanding for more lightweight design; thus, they are upgrading for optical data transfer using fiber to enhance their aircraft the internal communication systems. It is highly crucial that OEMs must install fiber optics by certified professionals. For instance, ETA offers certifications to meet the aerospace demand for installation and maintenance of fiber optics. The recent burgeoning commercial passengers have further boosted the demand for superior in-flight entertainment and luxury experience among the airline providers, which subsequently provide notable attractive business opportunities for the aircraft wires & cable market players and drive the market growth. Furthermore, the existing modification of conventional aircraft controls and display systems with fly-by-wire (FWB) systems and the popularity of glass cockpit-based solutions propel the market growth.

The ongoing COVID-19 is negatively impacting the Europe region. Due to the COVID-19 outbreak, Russia, UK, France, Italy, Spain, and Germany are some of the worst affected member states in the European region. Businesses in the region face severe economic difficulties as they had to suspend their operations or substantially reduce their activities. Due to business lockdowns, travel bans, and supply chain disruptions, the region experienced an economic slowdown in 2020 and, most likely, in 2021. The member states of Europe, such as Italy, Spain, and Germany, have implemented drastic measures and travel restrictions to limit the spread of coronavirus among its citizens. European countries represent a major market for aircraft wire & cable adoption due to the rising MRO activities. The outbreak of the COVID-19 virus has affected the businesses of each aviation stakeholder in the region. Several airlines in the region have postponed the pending aircraft fleet procurement dates to manage their current operational costs during COVID times and post-COVID times. This has led the aircraft OEMs and component suppliers to suffer economic loss. This factor has had a negative result on the European aircraft wire & cable market players.   

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 Europe aircraft wire & cable market. The Europe aircraft wire & cable market is expected to grow at a good CAGR during the forecast period.

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities

Europe Aircraft Wire & Cable Market Segmentation

Europe Aircraft Wire & Cable Market – By Type

  • Cable
  • Wire
  • Harness

Europe Aircraft Wire & Cable Market – By Aircraft Type

  • Commercial
  • Military

Europe Aircraft Wire & Cable Market – By Fit Type

  • Line Fit
  • Retrofit

Europe Aircraft Wire & Cable Market – By Application

  • Power Transfer
  • Data Transfer
  • Flight Control System
  • Avionics
  • Lighting

Europe Aircraft Wire & Cable Market, by Country

  • France
  • Germany
  • Italy
  • UK
  • Russia
  • Rest of Europe  

Europe Aircraft Wire & Cable Market - Companies Mentioned

  • A.E. Petsche Company
  • AMETEK Inc.
  • Amphenol Corporation
  • Axon Enterprise, Inc.
  • Collins Aerospace, a Raytheon Technologies Corporation Company
  • Draka
  • Glenair, Inc.
  • Harbour Industries, LLC
  • HUBER+SUHNER 
  • Nexans
  • Radiall
  • TE Connectivity Ltd.
  • W. L. Gore and Associates, Inc.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Type, Aircraft Type, Fit Type, and Application

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

UK, Germany, France, Italy, Russia

1. Introduction

1.1 The Insight Partners Research Report Guidance. 18

1.2 Market Segmentation. 19

2. Key Takeaways. 23

3. Research Methodology. 27

3.1 Coverage. 29

3.2 Secondary Research. 29

3.3 Primary Research. 30

4. Europe Aircraft Wire & Cable Market Landscape. 31

4.1 Market Overview. 31

4.2 Ecosystem Analysis. 33

4.3 Porter’s Five Forces Analysis. 34

5. Europe Aircraft Wire & Cable Market – Key Industry Dynamics. 37

5.1 Market Drivers. 37

5.1.1 Rising Deliveries and Orders of Aircraft 37

5.1.2 Innovative Aircraft Solutions Getting Developed. 38

5.2 Market Restraints. 39

5.2.1 Discontinuation of Aircrafts. 39

5.3 Future Trends. 40

5.3.1 Lightweight and Durable Aircraft Wires and Cables Getting Recognised. 40

5.4 Impact Analysis of Drivers and Restraints. 41

6. Aircraft Wire & Cable Market– Europe Analysis. 42

6.1 Europe Aircraft Wire & Cable Market Overview.. 42

6.2 Europe Aircraft Wire & Cable Market Forecast and Analysis. 42

7. Europe Aircraft Wire & Cable Market Analysis – Type. 44

7.1 Overview.. 44

7.2 Europe Aircraft Wire & Cable Market Breakdown, By Type, 2020 & 2028. 44

7.3 Cable. 46

7.3.1 Overview.. 46

7.3.2 Cable: Aircraft Wire & Cable Market Forecasts and Analysis. 46

7.4 Wire. 48

7.4.1 Overview.. 48

7.4.2 Wire: Aircraft Wire & Cable Market Forecasts and Analysis. 48

7.5 Harness. 50

7.5.1 Overview.. 50

7.5.2 Harness: Aircraft Wire & Cable Market Forecasts and Analysis. 50

8. Europe Aircraft Wire & Cable Market Analysis – By Aircraft Type. 52

8.1 Overview.. 52

8.2 Europe Aircraft Wire & Cable Market Breakdown, By Aircraft Type, 2020 & 2028. 52

8.3 Commercial 54

8.3.1 Overview.. 54

8.3.2 Commercial: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 (US$ Mn) 55

8.4 Military. 56

8.4.1 Overview.. 56

8.4.2 Military: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 (US$ Mn) 56

9. Europe Aircraft Wire & Cable Market Analysis – Fit Type. 58

9.1 Overview.. 58

9.2 Europe Aircraft Wire & Cable Market Breakdown, By Fit Type, 2020 & 2028. 58

9.3 Line Fit 60

9.3.1 Overview.. 60

9.3.2 Line Fit: Aircraft Wire & Cable Market Forecasts and Analysis. 60

9.4 Retrofit 62

9.4.1 Overview.. 62

9.4.2 Retrofit: Aircraft Wire & Cable Market Forecasts and Analysis. 62

10. Europe Aircraft Wire & Cable Market Analysis – Application. 64

10.1 Overview.. 64

10.2 Europe Aircraft Wire & Cable Market Breakdown, By Application, 2020 & 2028. 64

10.3 Power Transfer 66

10.3.1 Overview.. 66

10.3.2 Power Transfer: Aircraft Wire & Cable Market Forecasts and Analysis. 66

10.4 Data Transfer 68

10.4.1 Overview.. 68

10.4.2 Data Transfer: Aircraft Wire & Cable Market Forecasts and Analysis. 68

10.5 Avionics. 70

10.5.1 Overview.. 70

10.5.2 Avionics: Aircraft Wire & Cable Market Forecasts and Analysis. 70

10.6 Lighting. 72

10.6.1 Overview.. 72

10.6.2 Lighting: Aircraft Wire & Cable Market Forecasts and Analysis. 72

10.7 Flight Control Systems. 74

10.7.1 Overview.. 74

10.7.2 Flight Control System: Aircraft Wire & Cable Market Forecasts and Analysis. 74

11. Europe Aircraft Wire & Cable Market – Country Analysis. 76

11.1 Overview.. 76

11.1.1 Europe: Aircraft Wire & Cable Market Breakdown, by Key Countries. 79

11.1.1.1 Germany: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 (US$ Mn) 80

11.1.1.1.1 Germany: Aircraft Wire & Cable Market Breakdown by Type. 81

11.1.1.1.2 Germany: Aircraft Wire & Cable Market Breakdown by Fit Type. 82

11.1.1.1.3 Germany: Aircraft Wire & Cable Market Breakdown by Aircraft Type. 82

11.1.1.1.4 Germany: Aircraft Wire & Cable Market Breakdown by Application. 83

11.1.1.2 France: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 (US$ Mn) 84

11.1.1.2.1 France: Aircraft Wire & Cable Market Breakdown by Type. 85

11.1.1.2.2 France: Aircraft Wire & Cable Market Breakdown by Fit Type. 86

11.1.1.2.3 France: Aircraft Wire & Cable Market Breakdown by Aircraft Type. 86

11.1.1.2.4 France: Aircraft Wire & Cable Market Breakdown by Application. 87

11.1.1.3 Italy: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 (US$ Mn) 88

11.1.1.3.1 Italy: Aircraft Wire & Cable Market Breakdown by Type. 89

11.1.1.3.2 Italy: Aircraft Wire & Cable Market Breakdown by Fit Type. 89

11.1.1.3.3 Italy: Aircraft Wire & Cable Market Breakdown by Aircraft Type. 90

11.1.1.3.4 Italy: Aircraft Wire & Cable Market Breakdown by Application. 90

11.1.1.4 UK: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 (US$ Mn) 92

11.1.1.4.1 UK: Aircraft Wire & Cable Market Breakdown by Type. 93

11.1.1.4.2 UK: Aircraft Wire & Cable Market Breakdown by Fit Type. 94

11.1.1.4.3 UK: Aircraft Wire & Cable Market Breakdown by Aircraft Type. 94

11.1.1.4.4 UK: Aircraft Wire & Cable Market Breakdown by Application. 95

11.1.1.5 Russia: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 (US$ Mn) 96

11.1.1.5.1 Russia: Aircraft Wire & Cable Market Breakdown by Type. 97

11.1.1.5.2 Russia: Aircraft Wire & Cable Market Breakdown by Fit Type. 97

11.1.1.5.3 Russia: Aircraft Wire & Cable Market Breakdown by Aircraft Type. 98

11.1.1.5.4 Russia: Aircraft Wire & Cable Market Breakdown by Application. 99

11.1.1.6 Rest of Europe: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 (US$ Mn) 100

11.1.1.6.1 Rest of Europe: Aircraft Wire & Cable Market Breakdown by Type. 101

11.1.1.6.2 Rest of Europe: Aircraft Wire & Cable Market Breakdown by Fit Type. 101

11.1.1.6.3 Rest of Europe: Aircraft Wire & Cable Market Breakdown by Aircraft Type. 102

11.1.1.6.4 Rest of Europe: Aircraft Wire & Cable Market Breakdown by Application. 102

12. Impact of COVID-19 Pandemic on Europe Aircraft Wire & Cable Market 104

12.1 Europe. 104

13. Aircraft Wire and Cable Market - Industry Landscape. 106

13.1 Overview.. 106

13.2 Market Initiative. 106

13.3 Merger and Acquisition. 107

13.4 New Development 107

14. Company Profiles. 108

14.1 Axon Enterprise, Inc. 108

14.1.1 Key Facts. 108

14.1.2 Business Description. 108

14.1.3 Products and Services. 109

14.1.4 Financial Overview.. 109

14.1.5 SWOT Analysis. 112

14.1.6 Key Developments. 112

14.2 Harbour Industries, LLC. 113

14.2.1 Key Facts. 113

14.2.2 Business Description. 113

14.2.3 Products and Services. 113

14.2.4 Financial Overview.. 114

14.2.5 SWOT Analysis. 114

14.2.6 Key Developments. 114

14.3 Draka. 115

14.3.1 Key Facts. 115

14.3.2 Business Description. 115

14.3.3 Products and Services. 115

14.3.4 Financial Overview.. 116

14.3.5 SWOT Analysis. 116

14.3.6 Key Developments. 116

14.4 Glenair, Inc. 117

14.4.1 Key Facts. 117

14.4.2 Business Description. 117

14.4.3 Products and Services. 118

14.4.4 Financial Overview.. 118

14.4.5 SWOT Analysis. 119

14.4.6 Key Developments. 119

14.5 HUBER+SUHNER. 120

14.5.1 Key Facts. 120

14.5.2 Business Description. 120

14.5.3 Products and Services. 121

14.5.4 Financial Overview.. 121

14.5.5 SWOT Analysis. 124

14.5.6 Key Developments. 125

14.6 A.E. Petsche Company. 126

14.6.1 Key Facts. 126

14.6.2 Business Description. 126

14.6.3 Products and Services. 127

14.6.4 Financial Overview.. 127

14.6.5 SWOT Analysis. 130

14.6.6 Key Developments. 130

14.7 AMETEK Inc. 131

14.7.1 Key Facts. 131

14.7.2 Business Description. 131

14.7.3 Products and Services. 132

14.7.4 Financial Overview.. 132

14.7.5 SWOT Analysis. 135

14.7.6 Key Developments. 135

14.8 Amphenol Corporation. 136

14.8.1 Key Facts. 136

14.8.2 Business Description. 136

14.8.3 Products and Services. 137

14.8.4 Financial Overview.. 137

14.8.5 SWOT Analysis. 140

14.8.6 Key Developments. 141

14.9 Collins Aerospace, a Raytheon Technologies Corporation Company. 142

14.9.1 Key Facts. 142

14.9.2 Business Description. 142

14.9.3 Products and Services. 143

14.9.4 Financial Overview.. 143

14.9.5 SWOT Analysis. 144

14.9.6 Key Developments. 145

14.10 TE Connectivity Ltd. 146

14.10.1 Key Facts. 146

14.10.2 Business Description. 146

14.10.3 Products and Services. 147

14.10.4 Financial Overview.. 147

14.10.5 SWOT Analysis. 150

14.10.6 Key Developments. 151

14.11 W. L. Gore and Associates, Inc. 152

14.11.1 Key Facts. 152

14.11.2 Business Description. 152

14.11.3 Products and Services. 152

14.11.4 Financial Overview.. 153

14.11.5 SWOT Analysis. 153

14.11.6 Key Developments. 154

14.12 Nexans. 155

14.12.1 Key Facts. 155

14.12.2 Business Description. 155

14.12.3 Products and Services. 156

14.12.4 Financial Overview.. 157

14.12.5 SWOT Analysis. 160

14.12.6 Key Developments. 160

14.13 Radiall 161

14.13.1 Key Facts. 161

14.13.2 Business Description. 161

14.13.3 Products and Services. 162

14.13.4 Financial Overview.. 162

14.13.5 SWOT Analysis. 164

14.13.6 Key Developments. 164

15. Appendix. 165

15.1 About The Insight Partners. 165

15.2 Glossary of Terms

LIST OF TABLES

Table 1. Boeing and Airbus: Aircraft Order and Delivery Data, 2018, 2019, and 2020. 37

Table 2. Europe Aircraft Wire & Cable Market Revenue and Forecasts to 2028 (US$ Mn) 43

Table 3. Germany: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 – By Type (US$ Million) 81

Table 4. Germany: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 – By Fit Type (US$ Million) 82

Table 5. Germany: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 – By Aircraft Type (US$ Million) 82

Table 6. Germany: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 – By Application (US$ Million) 83

Table 7. France: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 – By Type (US$ Million) 85

Table 8. France: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 – By Fit Type (US$ Million) 86

Table 9. France: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 – By Aircraft Type (US$ Million) 86

Table 10. France: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 – By Application (US$ Million) 87

Table 11. Italy: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 – By Type (US$ Million) 89

Table 12. Italy: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 – By Fit Type (US$ Million) 89

Table 13. Italy: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 – By Aircraft Type (US$ Million) 90

Table 14. Italy: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 – By Application (US$ Million) 90

Table 15. UK: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 – By Type (US$ Million) 93

Table 16. UK: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 – By Fit Type (US$ Million) 94

Table 17. UK: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 – By Aircraft Type (US$ Million) 94

Table 18. UK: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 – By Application (US$ Million) 95

Table 19. Russia: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 – By Type (US$ Million) 97

Table 20. Russia: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 – By Fit Type (US$ Million) 97

Table 21. Russia: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 – By Aircraft Type (US$ Million) 98

Table 22. Russia: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 – By Application (US$ Million) 99

Table 23. Rest of Europe: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 – By Type (US$ Million) 101

Table 24. Rest of Europe: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 – By Fit Type (US$ Million) 101

Table 25. Rest of Europe: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 – By Aircraft Type (US$ Million) 102

Table 26. Rest of Europe: Aircraft Wire & Cable Market Revenue and Forecasts to 2028 – By Application (US$ Million) 102

Table 27. Glossary of Terms: Europe Aircraft Wire & Cable Market

LIST OF FIGURES

Figure 1. Europe Aircraft Wire & Cable Market Segmentation. 19

Figure 2. Europe Aircraft Wire & Cable Market Segmentation - Country. 20

Figure 3. Europe Aircraft Wire & Cable Market Overview.. 23

Figure 4. Europe Aircraft Wire & Cable Market, By Country. 24

Figure 5. Europe Aircraft Wire & Cable Market, By Type. 25

Figure 6. Europe Aircraft Wire & Cable Market, By Application. 26

Figure 7. Europe Aircraft Wire & Cable Market Ecosystem Analysis. 33

Figure 8. Europe Aircraft Wire & Cable Market - Porter’s Five Forces Analysis. 34

Figure 9. Europe Aircraft Wire & Cable Market: Impact Analysis of Drivers and Restraints. 41

Figure 10. Europe Aircraft Wire & Cable Market Forecast and Analysis, (US$ Mn) 43

Figure 11. Europe Aircraft Wire & Cable Market Breakdown, By Type, 2020 & 2028 (%) 45

Figure 12. Europe Cable: Aircraft Wire & Cable Market Revenue and Forecasts To 2028 (US$ Mn) 47

Figure 13. Europe Wire: Aircraft Wire & Cable Market Revenue and Forecasts To 2028 (US$ Mn) 49

Figure 14. Europe Harness: Aircraft Wire & Cable Market Revenue and Forecasts To 2028 (US$ Mn) 51

Figure 15. Europe Aircraft Wire & Cable Market Breakdown by Aircraft Type, 2020 & 2028 (%) 53

Figure 16. Europe Commercial: Aircraft Wire & Cable Market Revenue and Forecasts To 2028 (US$ Mn) 55

Figure 17. Europe Military: Aircraft Wire & Cable Market Revenue and Forecasts To 2028 (US$ Mn) 57

Figure 18. Europe Aircraft Wire & Cable Market Breakdown, By Fit Type, 2020 & 2028 (%) 59

Figure 19. Europe Line Fit: Aircraft Wire & Cable Market Revenue and Forecasts To 2028 (US$ Mn) 61

Figure 20. Europe Retrofit: Aircraft Wire & Cable Market Revenue and Forecasts To 2028 (US$ Mn) 63

Figure 21. Europe Aircraft Wire & Cable Market Breakdown, By Application, 2020 & 2028 (%) 65

Figure 22. Europe Power Transfer: Aircraft Wire & Cable Market Revenue and Forecasts To 2028 (US$ Mn) 67

Figure 23. Europe Data Transfer: Aircraft Wire & Cable Market Revenue and Forecasts To 2028 (US$ Mn) 69

Figure 24. Europe Avionics: Aircraft Wire & Cable Market Revenue and Forecasts To 2028 (US$ Mn) 71

Figure 25. Europe Lighting: Aircraft Wire & Cable Market Revenue and Forecasts To 2028 (US$ Mn) 73

Figure 26. Europe Flight Control System: Aircraft Wire & Cable Market Revenue and Forecasts To 2028 (US$ Mn) 75

Figure 27. Europe: Aircraft Wire & Cable Market, by Key Countries, Revenue 2020 (US$ Million) 78

Figure 28. Europe: Aircraft Wire & Cable Market Breakdown by Key Countries, 2020 & 2028(%) 79

Figure 29. Germany: Aircraft Wire & Cable Market Revenue and Forecasts To 2028 (US$ Mn) 80

Figure 30. France: Aircraft Wire & Cable Market Revenue and Forecasts To 2028 (US$ Mn) 84

Figure 31. Italy: Aircraft Wire & Cable Market Revenue and Forecasts To 2028 (US$ Mn) 88

Figure 32. UK: Aircraft Wire & Cable Market Revenue and Forecasts To 2028 (US$ Mn) 92

Figure 33. Russia: Aircraft Wire & Cable Market Revenue and Forecasts To 2028 (US$ Mn) 96

Figure 34. Rest of Europe: Aircraft Wire & Cable Market Revenue and Forecasts To 2028 (US$ Mn) 100

Figure 35. Impact of COVID-19 Pandemic in Europe Country Markets. 105

  1. A.E. Petsche Company
  2. AMETEK Inc.
  3. Amphenol Corporation
  4. Axon Enterprise, Inc.
  5. Collins Aerospace, a Raytheon Technologies Corporation Company
  6. Draka
  7. Glenair, Inc.
  8. Harbour Industries, LLC
  9. HUBER+SUHNER 
  10. Nexans
  11. Radiall
  12. TE Connectivity Ltd.
  13. W. L. Gore and Associates, Inc.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Europe Aircraft Wire & Cable Market