Market Forecast:

Global Electrical Wiring Interconnection System (EWIS) Market Size is projected to be valued at USD 7.780 billion by 2027, registering a 4.61% CAGR from 2022 to 2027.

The rapidly growing demand for electronics in aircraft systems and the increased demand for upgrading existing aircraft has significantly contributed to the growth of the global market. Furthermore, the stringent aviation regulations regarding aircraft and passenger safety are also encouraging aircraft OEMs and airlines to invest in EWIS. Additionally, the growing adoption of EWIS in military rotorcrafts is also expected to drive the growth of the global market. For example, in June 2019, Safran signed a contract with Airbus S.A.S to provide electrical wiring for Airbus’s H160 military helicopters.

However, issues related to existing aircraft backlogs and stringent regulatory norms are expected to hamper the growth of the market.

Region Analysis:

North America: North America dominated the electrical wiring interconnection system (EWIS) market in 2022 due to the presence of prominent companies such as Ducommun Incorporated and Esterline Technologies.

Europe: The presence of prominent aircraft OEMs such as Airbus S.A.S is expected to drive the market growth in the region.

Asia-Pacific: The regional market is projected to register the highest CAGR during the forecast period. The growing aviation industry in countries such as China, Japan, and India is expected to increase the demand for EWIS in Asia-Pacific.

Rest of the World: Increasing international tourism and passenger traffic in countries such as GCC, Brazil, and South Africa are likely to increase the demand for EWIS in the region. Additionally, the increasing investment by prominent airlines such as Qatar Airlines and Emirates Group in EWIS is expected to fuel the regional market growth.

Key Players:

Safran (France), GKN Aerospace Services Limited (UK), Latécoère (France), Esterline Technologies (US), Ducommun Incorporated (US), TE Connectivity (Switzerland), Amphenol Corporation (US),Co-Operative Industries Aerospace & Defense (Cia&D) (US), Elektro-Metall Export GmbH (Germany), InterConnect Wiring (US)

Market Segmentation:

By End-User

OEM: This segment Electrical Wiring Interconnection System Market Sizedominated the market and is expected to grow at the higher CAGR during the review period owing to the growing demand for new aircraft across the globe to cater to the growing air passenger traffic.

Aftermarket: The aftermarket segment is expected to grow with a significant CAGR during the forecast period, 2022 to 2027, because of factors such as large global aircraft fleet in operation is driving the aftermarket for EWIS.

By Application

Avionics: This segment is expected to grow with a notable CAGR during the forecast period, owing to the growing demand for advanced systems such as flight management systems and cockpit controls.

Interiors: The interiors segment is expected to grow with the highest CAGR during the forecast period increasing demand for In-Flight Entertainment & Connectivity (IFEC) systems to offer enhanced traveling experience to passengers.

Propulsion: The propulsion segment is expected to register a steady CAGR during the forecast period, owing to the increasing development of fuel-efficient engines equipped with enhanced sensors to monitor engine operations.

Airframe: This segment dominated the market in 2019 owing to the growing demand for EWIS to connect the different parts of aircraft systems.

Others: The others segment includes landing gear.

By Aviation Type

Commercial Aviation: The segment dominated the market in 2019 and is expected to grow at the higher CAGR during the forecast period, 2020 to 2026, owing to factors such as the increased aircraft deliveries across the globe. Additionally, the rising domestic air passenger traffic in emerging economies is also expected to drive the growth of the commercial aviation segment during the forecast period.

Military Aviation: The segment is expected to grow with a significant CAGR during the forecast period, 2022 to 2027, owing to the rising military expenditure of developing countries such as China and India.

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