Global RF Cable Market for Aerospace & Defense Industry to Grow on Account of Increasing Aircraft Shipments Globally; Market to Grow with a CAGR of 4.6% During 2021-2030

 

Kenneth Research has released a report titled “RF Cable Market for Aerospace & Defense Industry: Global Demand Analysis & Opportunity Outlook 2030” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, along with the impact of COVID-19 and a detailed discussion on the latest trends and future opportunities that are associated with the growth of the market.

The total shipments of single-engine piston aircraft, multi-engine piston aircraft, turboprops, and business jets, according to the statistics by the General Aviation Aircraft Shipment (GAMA), grew from 781 units, 108 units, 368 units, and 763 units respectively in the year 2010 to 1111 units, 213 units, 525 units, and 809 units respectively in the year 2019.

The statistics portray the growing shipment of aircraft worldwide, especially amongst the airline operators, backed by the rising preference for air travel amongst individuals. RF cable assemblies form an important component for facilitating efficient communication between two or more aircrafts and with the air controller. With the development of modern lightweight aircrafts, there is a rising need amongst aircraft manufacturers for different components that are light in weight, which is also expected to create numerous opportunities for the growth of the global RF cable market for aerospace & defense industry in the coming years.



The global RF cable market for aerospace & defense industry is anticipated to grow with a CAGR of 4.6% over the forecast period, i.e., 2021 – 2030. The market is estimated to garner a revenue of USD 2015.6 Million by the end of 2030. Additionally, the market generated a revenue of USD 1271.3 Million in the year 2020. The market is segmented by application into data transmission, video transmission and RF transmission. The RF transmission segment, out of all the other segment, is projected to garner the largest revenue of USD 848.0 Million by the end of 2030, up from a revenue of USD 502.6 Million in the year 2020.

On the basis of geographical analysis, the global RF cable market for aerospace & defense industry is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the Asia Pacific, out of the market in all the other regions, is expected to garner the largest revenue of USD 1023.6 Million by the end of 2030. Moreover, in the year 2020, the market in the region generated a revenue of USD 568.7 Million.

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

However, the product highly susceptible to physical damage and the high complexities in the maintenance of these cables are some of the major factors predicted to hinder the market growth.

This report also provides the existing competitive scenario of some of the key players of the global RF cable market for aerospace & defense industry, which includes company profiling of Cobham Advanced Electronic Solutions (CAES), Anritsu Corporation, Rosenberger Hochfrequenztechnik GmbH & Co. KG, W.L. Gore & Associates, Inc., Amphenol Corporation, TE Connectivity, Pasternack Enterprises, Inc., Radiall SA, Prysmian S.p.A, Belden Inc., Bel Fuse Inc., CryoCoax, Nexans, HUBER+SUHNER Group, Molex, LLC, and others.

The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled “RF Cable Market for Aerospace & Defense Industry: Global Demand Analysis & Opportunity Outlook 2030”, analyses the overall global RF cable market for aerospace & defense industry to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in the global RF cable market for aerospace & defense industry in the near future.

Request Report Sample@https://www.kennethresearch.com/sample-request-10352346

Kenneth Research is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment, etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

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