Asia Pacific Aerospace & Defense Power Connector Market with Forecast to 2027
The Aerospace & Defense Power Connector Market in Asia-Pacific is expected to grow from US$ 256.23Mn in 2019 to US$ 439.09Mn by 2027; it is estimated to grow at a CAGR of 7.2% from 2020 to 2027.Asia-Pacificincludes several developing economies that are experiencing a noteworthy growth in their construction, manufacturing, travel, and logistics industries, which has added to the need for enhanced enterprise mobility, thus raising the demand for aerospace & defense power connectors.
The 5Amps to 40Amps segment led the aerospace & defense power connector market based on current rating in 2019.The power connectors with current ratings ranging from 5Amps to vvarshansurtatsuryasuryaapplication areas of power connectors featuring this amperage range include commercial naircraft cabin systems and unmanned airborne systems. These connectors are capable of amating quickly, and providing superior durability and ensuring proper connection via connector position assurance (CPA)
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The overall Asia-Pacific aerospace & defense power connector market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the Asia-Pacific aerospace & defense power connector market with respects to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.
The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Asia-Pacific aerospace & defense power connector market. Amphenol Corporation, Eaton Corporation plc, TE Connectivity, MOLEX, LLC, and Fischer Connectors SA are among a few players operating in the Asia-Pacific aerospace & defense power connector market.
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Last Update : Jul 15, 2020
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