Asia Pacific Aircraft Wiring Harness Market Forecast to 2030 - Regional Analysis - by Type (Wire Harness Terminal, Wire Harness Connector, and Others) and Material (PVC, Polyethylene, Polyurethane, Thermoplastic Elastomers, and Vinyl)
The Asia Pacific aircraft wiring harness market is expected to grow from US$ 816.10 million in 2022 to US$ 1,432.51 million by 2030. It is estimated to register a CAGR of 7.3% from 2022 to 2030.
Retrofitting of Older Aircraft Fleet Fuels Asia Pacific Aircraft Wiring Harness Market
The deployment of several retrofitting technologies, which indicates the implementation of newer technologies on older airplane fleet, help strengthen passenger safety and comfort and facilitate the airlines in maintaining their older fleet. Retrofitting is done to improve the performance and capabilities of older aircraft. Upgraded wire harnesses can contribute to better reliability, reduced downtime, and improved functionality, making the most out of retrofit investment by various companies. Retrofitting can extend the operational lifespan of older aircraft, enabling them to remain in service for a long duration. As these aircraft continue to operate, there is an ongoing need for replacing wire harnesses due to wear and tear. Retrofitting older aircraft can be a cost-effective alternative to purchasing new ones. As airlines and operators seek to maximize the value of their existing fleets, they will require reliable and updated wire harnesses to support the retrofit projects. For example, the trend for cabin retrofits became more prominent after the post-peak-pandemic phase. Through the pandemic a lot of airlines ground its fleet and this grounding time, offered them an opportunity to upgrade their cabin. Retrofitting can include updates to improve the environmental performance of aircraft, such as reducing fuel consumption and emissions. Wire harnesses that contribute to these goals, including those designed for more efficient electrical systems, continue to record significant demand. Hence, integrating advanced and modern technologies into older aircraft fleets is expected to change the Aircraft Wiring Harness market landscape and the face of the aviation industry. Thus, the retrofitting of older aircraft fleets is expected to provide lucrative opportunities to the market players in the coming years.
Asia Pacific Aircraft Wiring Harness Market Overview
Asia Pacific is anticipated to record the highest growth in the aircraft wiring harness market during the forecast period, owing to various factors such as expanding Chinese assembly facilities for Boeing and Airbus, increasing military aircraft purchases, a growing aircraft fleet, and lunching of future indigenous aircraft program to build C919. The expanding aerospace sector and rising demand for commercial and defense aircraft fuel the expansion of the aircraft wiring harness market, as complicated wiring systems are required for avionics, communication, navigation, and other key services in aerospace facilities. Asia Pacific has several aircraft harness market players seeking contacts from various aircraft manufacturers. SASMOS Interconnection Systems Limited (FE-SIL), a joint venture between SASMOS and Fokker Elmo, has been producing Electrical Wiring Interconnection Systems, including wire harnesses for P-8A and P-8I, for the aerospace industry. For instance, in November 2022, Boeing awarded the contract to SASMOS JV to supply over 6600 wiring harnesses for the upcoming 16 P-8A Poseidon aircraft. Several players across Japan are launching an aircraft wiring harness system. For instance, in July 2022, Kawasaki Heavy Industries, Ltd. introduced the E3.series electrical control and wire harness design system and the DS-E3 product data management system (PDM) from Zuken Inc. for the electrical design of aircraft for the Japanese Ministry of Defense.
Asia Pacific Aircraft Wiring Harness Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Aircraft Wiring Harness Market Segmentation
The Asia Pacific aircraft wiring harness market is segmented into type, material, and country.
Based on type, the Asia Pacific aircraft wiring harness market is segmented into wire harness terminal, wire harness connector, and others. The wire harness terminal segment held the largest share of the Asia Pacific aircraft wiring harness market in 2022.
In terms of material, the Asia Pacific aircraft wiring harness market is categorized into PVC, polyethylene, polyurethane, thermoplastic elastomers, and vinyl. The PVC segment held the largest share of the Asia Pacific aircraft wiring harness market in 2022.
Based on country, the Asia Pacific aircraft wiring harness market is segmented into China, Japan, Australia, India, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific aircraft wiring harness market in 2022.
Aerospace Harness Manufacturing, Collins Aerospace, GKN Aerospace Services Ltd, Latecoere SA, Safran SA, and Samvardhana Motherson International Ltd are some of the leading companies operating in the Asia Pacific aircraft wiring harness market.
Retrofitting of Older Aircraft Fleet Fuels Asia Pacific Aircraft Wiring Harness Market
The deployment of several retrofitting technologies, which indicates the implementation of newer technologies on older airplane fleet, help strengthen passenger safety and comfort and facilitate the airlines in maintaining their older fleet. Retrofitting is done to improve the performance and capabilities of older aircraft. Upgraded wire harnesses can contribute to better reliability, reduced downtime, and improved functionality, making the most out of retrofit investment by various companies. Retrofitting can extend the operational lifespan of older aircraft, enabling them to remain in service for a long duration. As these aircraft continue to operate, there is an ongoing need for replacing wire harnesses due to wear and tear. Retrofitting older aircraft can be a cost-effective alternative to purchasing new ones. As airlines and operators seek to maximize the value of their existing fleets, they will require reliable and updated wire harnesses to support the retrofit projects. For example, the trend for cabin retrofits became more prominent after the post-peak-pandemic phase. Through the pandemic a lot of airlines ground its fleet and this grounding time, offered them an opportunity to upgrade their cabin. Retrofitting can include updates to improve the environmental performance of aircraft, such as reducing fuel consumption and emissions. Wire harnesses that contribute to these goals, including those designed for more efficient electrical systems, continue to record significant demand. Hence, integrating advanced and modern technologies into older aircraft fleets is expected to change the Aircraft Wiring Harness market landscape and the face of the aviation industry. Thus, the retrofitting of older aircraft fleets is expected to provide lucrative opportunities to the market players in the coming years.
Asia Pacific Aircraft Wiring Harness Market Overview
Asia Pacific is anticipated to record the highest growth in the aircraft wiring harness market during the forecast period, owing to various factors such as expanding Chinese assembly facilities for Boeing and Airbus, increasing military aircraft purchases, a growing aircraft fleet, and lunching of future indigenous aircraft program to build C919. The expanding aerospace sector and rising demand for commercial and defense aircraft fuel the expansion of the aircraft wiring harness market, as complicated wiring systems are required for avionics, communication, navigation, and other key services in aerospace facilities. Asia Pacific has several aircraft harness market players seeking contacts from various aircraft manufacturers. SASMOS Interconnection Systems Limited (FE-SIL), a joint venture between SASMOS and Fokker Elmo, has been producing Electrical Wiring Interconnection Systems, including wire harnesses for P-8A and P-8I, for the aerospace industry. For instance, in November 2022, Boeing awarded the contract to SASMOS JV to supply over 6600 wiring harnesses for the upcoming 16 P-8A Poseidon aircraft. Several players across Japan are launching an aircraft wiring harness system. For instance, in July 2022, Kawasaki Heavy Industries, Ltd. introduced the E3.series electrical control and wire harness design system and the DS-E3 product data management system (PDM) from Zuken Inc. for the electrical design of aircraft for the Japanese Ministry of Defense.
Asia Pacific Aircraft Wiring Harness Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Aircraft Wiring Harness Market Segmentation
The Asia Pacific aircraft wiring harness market is segmented into type, material, and country.
Based on type, the Asia Pacific aircraft wiring harness market is segmented into wire harness terminal, wire harness connector, and others. The wire harness terminal segment held the largest share of the Asia Pacific aircraft wiring harness market in 2022.
In terms of material, the Asia Pacific aircraft wiring harness market is categorized into PVC, polyethylene, polyurethane, thermoplastic elastomers, and vinyl. The PVC segment held the largest share of the Asia Pacific aircraft wiring harness market in 2022.
Based on country, the Asia Pacific aircraft wiring harness market is segmented into China, Japan, Australia, India, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific aircraft wiring harness market in 2022.
Aerospace Harness Manufacturing, Collins Aerospace, GKN Aerospace Services Ltd, Latecoere SA, Safran SA, and Samvardhana Motherson International Ltd are some of the leading companies operating in the Asia Pacific aircraft wiring harness market.
1. INTRODUCTION
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. EXECUTIVE SUMMARY
2.1 Key Insights
2.2 Market Attractiveness
3. RESEARCH METHODOLOGY
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. ASIA PACIFIC AIRCRAFT WIRING HARNESS MARKET LANDSCAPE
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in Value Chain
5. ASIA PACIFIC AIRCRAFT WIRING HARNESS MARKET - KEY INDUSTRY DYNAMICS
5.1 Asia Pacific Aircraft Wiring Harness Market - Key Industry Dynamics
5.2 Market Drivers
5.2.1 Rise in Demand for Commercial Aircraft
5.2.2 Surge in Demand for MRO Services
5.2.3 Expansion of Aviation Industry
5.3 Market Restraints
5.3.1 Cost Constraints in Low Profit Margin
5.3.2 Preference for Repairing Damaged Wire Harness
5.4 Market Opportunities
5.4.1 Retrofitting of Older Aircraft Fleet
5.4.2 Rising Demand for Customised Solutions
5.5 Future Trends
5.5.1 Miniaturization of Wire Harness
5.5.2 Increasing Role of Digital Twin in Manufacturing of Wire Harness
5.6 Impact of Drivers and Restraints:
6. AIRCRAFT WIRING HARNESS MARKET - ASIA PACIFIC MARKET ANALYSIS
6.1 Asia Pacific Aircraft Wiring Harness Market Revenue (US$ Million), 2022 - 2030
6.2 Asia Pacific Aircraft Wiring Harness Market Forecast and Analysis
7. ASIA PACIFIC AIRCRAFT WIRING HARNESS MARKET ANALYSIS - TYPE
7.1 Wire Harness Terminal
7.1.1 Overview
7.1.2 Wire Harness Terminal: Asia Pacific Aircraft Wiring Harness Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Wire Harness Connector
7.2.1 Overview
7.2.2 Wire Harness Connector: Asia Pacific Aircraft Wiring Harness Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Others
7.3.1 Overview
7.3.2 Others: Asia Pacific Aircraft Wiring Harness Market, Revenue and Forecast to 2030 (US$ Million)
8. ASIA PACIFIC AIRCRAFT WIRING HARNESS MARKET ANALYSIS - MATERIAL
8.1 PVC
8.1.1 Overview
8.1.2 PVC: Asia Pacific Aircraft Wiring Harness Market Revenue, and Forecast to 2030 (US$ Million)
8.2 Polyethylene
8.2.1 Overview
8.2.2 Polyethylene: Asia Pacific Aircraft Wiring Harness Market Revenue, and Forecast to 2030 (US$ Million)
8.3 Polyurethane
8.3.1 Overview
8.3.2 Polyurethane: Asia Pacific Aircraft Wiring Harness Market Revenue, and Forecast to 2030 (US$ Million)
8.4 Thermoplastic Elastomers
8.4.1 Overview
8.4.2 Thermoplastic Elastomers: Asia Pacific Aircraft Wiring Harness Market Revenue, and Forecast to 2030 (US$ Million)
8.5 Vinyl
8.5.1 Overview
8.5.2 Vinyl: Asia Pacific Aircraft Wiring Harness Market Revenue, and Forecast to 2030 (US$ Million)
9. ASIA PACIFIC AIRCRAFT WIRING HARNESS MARKET - COUNTRY ANALYSIS
9.1 Asia Pacific
9.1.1 Asia Pacific Aircraft Wiring Harness Market Revenue and Forecasts and Analysis - By Country
9.1.1.1 Asia Pacific Aircraft Wiring Harness Market Revenue and Forecasts and Analysis - By Country
9.1.1.2 China: Asia Pacific Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.2.1 China: Asia Pacific Aircraft Wiring Harness Market Breakdown by Type
9.1.1.2.2 China: Asia Pacific Aircraft Wiring Harness Market Breakdown by Material
9.1.1.3 Japan: Asia Pacific Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.3.1 Japan: Asia Pacific Aircraft Wiring Harness Market Breakdown by Type
9.1.1.3.2 Japan: Asia Pacific Aircraft Wiring Harness Market Breakdown by Material
9.1.1.4 Australia: Asia Pacific Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.4.1 Australia: Asia Pacific Aircraft Wiring Harness Market Breakdown by Type
9.1.1.4.2 Australia: Asia Pacific Aircraft Wiring Harness Market Breakdown by Material
9.1.1.5 India: Asia Pacific Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.5.1 India: Asia Pacific Aircraft Wiring Harness Market Breakdown by Type
9.1.1.5.2 India: Asia Pacific Aircraft Wiring Harness Market Breakdown by Material
9.1.1.6 South Korea: Asia Pacific Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.6.1 South Korea: Asia Pacific Aircraft Wiring Harness Market Breakdown by Type
9.1.1.6.2 South Korea: Asia Pacific Aircraft Wiring Harness Market Breakdown by Material
9.1.1.7 Rest of Asia Pacific: Asia Pacific Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.7.1 Rest of Asia Pacific: Asia Pacific Aircraft Wiring Harness Market Breakdown by Type
9.1.1.7.2 Rest of Asia Pacific: Asia Pacific Aircraft Wiring Harness Market Breakdown by Material
10. INDUSTRY LANDSCAPE
10.1 Overview
10.2 Market Initiative
10.3 Mergers & Acquisitions
11. COMPANY PROFILES
11.1 Safran SA
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Latecoere SA
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 GKN Aerospace Services Ltd
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Samvardhana Motherson International Ltd
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Aerospace Harness Manufacturing
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Collins Aerospace
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
12. APPENDIX
12.1 About the Insight Partners
12.2 Word Index
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. EXECUTIVE SUMMARY
2.1 Key Insights
2.2 Market Attractiveness
3. RESEARCH METHODOLOGY
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. ASIA PACIFIC AIRCRAFT WIRING HARNESS MARKET LANDSCAPE
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in Value Chain
5. ASIA PACIFIC AIRCRAFT WIRING HARNESS MARKET - KEY INDUSTRY DYNAMICS
5.1 Asia Pacific Aircraft Wiring Harness Market - Key Industry Dynamics
5.2 Market Drivers
5.2.1 Rise in Demand for Commercial Aircraft
5.2.2 Surge in Demand for MRO Services
5.2.3 Expansion of Aviation Industry
5.3 Market Restraints
5.3.1 Cost Constraints in Low Profit Margin
5.3.2 Preference for Repairing Damaged Wire Harness
5.4 Market Opportunities
5.4.1 Retrofitting of Older Aircraft Fleet
5.4.2 Rising Demand for Customised Solutions
5.5 Future Trends
5.5.1 Miniaturization of Wire Harness
5.5.2 Increasing Role of Digital Twin in Manufacturing of Wire Harness
5.6 Impact of Drivers and Restraints:
6. AIRCRAFT WIRING HARNESS MARKET - ASIA PACIFIC MARKET ANALYSIS
6.1 Asia Pacific Aircraft Wiring Harness Market Revenue (US$ Million), 2022 - 2030
6.2 Asia Pacific Aircraft Wiring Harness Market Forecast and Analysis
7. ASIA PACIFIC AIRCRAFT WIRING HARNESS MARKET ANALYSIS - TYPE
7.1 Wire Harness Terminal
7.1.1 Overview
7.1.2 Wire Harness Terminal: Asia Pacific Aircraft Wiring Harness Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Wire Harness Connector
7.2.1 Overview
7.2.2 Wire Harness Connector: Asia Pacific Aircraft Wiring Harness Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Others
7.3.1 Overview
7.3.2 Others: Asia Pacific Aircraft Wiring Harness Market, Revenue and Forecast to 2030 (US$ Million)
8. ASIA PACIFIC AIRCRAFT WIRING HARNESS MARKET ANALYSIS - MATERIAL
8.1 PVC
8.1.1 Overview
8.1.2 PVC: Asia Pacific Aircraft Wiring Harness Market Revenue, and Forecast to 2030 (US$ Million)
8.2 Polyethylene
8.2.1 Overview
8.2.2 Polyethylene: Asia Pacific Aircraft Wiring Harness Market Revenue, and Forecast to 2030 (US$ Million)
8.3 Polyurethane
8.3.1 Overview
8.3.2 Polyurethane: Asia Pacific Aircraft Wiring Harness Market Revenue, and Forecast to 2030 (US$ Million)
8.4 Thermoplastic Elastomers
8.4.1 Overview
8.4.2 Thermoplastic Elastomers: Asia Pacific Aircraft Wiring Harness Market Revenue, and Forecast to 2030 (US$ Million)
8.5 Vinyl
8.5.1 Overview
8.5.2 Vinyl: Asia Pacific Aircraft Wiring Harness Market Revenue, and Forecast to 2030 (US$ Million)
9. ASIA PACIFIC AIRCRAFT WIRING HARNESS MARKET - COUNTRY ANALYSIS
9.1 Asia Pacific
9.1.1 Asia Pacific Aircraft Wiring Harness Market Revenue and Forecasts and Analysis - By Country
9.1.1.1 Asia Pacific Aircraft Wiring Harness Market Revenue and Forecasts and Analysis - By Country
9.1.1.2 China: Asia Pacific Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.2.1 China: Asia Pacific Aircraft Wiring Harness Market Breakdown by Type
9.1.1.2.2 China: Asia Pacific Aircraft Wiring Harness Market Breakdown by Material
9.1.1.3 Japan: Asia Pacific Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.3.1 Japan: Asia Pacific Aircraft Wiring Harness Market Breakdown by Type
9.1.1.3.2 Japan: Asia Pacific Aircraft Wiring Harness Market Breakdown by Material
9.1.1.4 Australia: Asia Pacific Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.4.1 Australia: Asia Pacific Aircraft Wiring Harness Market Breakdown by Type
9.1.1.4.2 Australia: Asia Pacific Aircraft Wiring Harness Market Breakdown by Material
9.1.1.5 India: Asia Pacific Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.5.1 India: Asia Pacific Aircraft Wiring Harness Market Breakdown by Type
9.1.1.5.2 India: Asia Pacific Aircraft Wiring Harness Market Breakdown by Material
9.1.1.6 South Korea: Asia Pacific Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.6.1 South Korea: Asia Pacific Aircraft Wiring Harness Market Breakdown by Type
9.1.1.6.2 South Korea: Asia Pacific Aircraft Wiring Harness Market Breakdown by Material
9.1.1.7 Rest of Asia Pacific: Asia Pacific Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.7.1 Rest of Asia Pacific: Asia Pacific Aircraft Wiring Harness Market Breakdown by Type
9.1.1.7.2 Rest of Asia Pacific: Asia Pacific Aircraft Wiring Harness Market Breakdown by Material
10. INDUSTRY LANDSCAPE
10.1 Overview
10.2 Market Initiative
10.3 Mergers & Acquisitions
11. COMPANY PROFILES
11.1 Safran SA
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Latecoere SA
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 GKN Aerospace Services Ltd
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Samvardhana Motherson International Ltd
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Aerospace Harness Manufacturing
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Collins Aerospace
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
12. APPENDIX
12.1 About the Insight Partners
12.2 Word Index
