The most exciting right now regarding the global aerospace & defense connectors market
In effect, one can
observe that, steadily, Increasing production rate of
commercial and regional aircraft, such as B737, A320, A350XWB, and C Series;
upcoming aircraft & introduction of variants of existing aircraft, such as
C919, MRJ, B737Max, A320neo, and E-2 Jets; rising global aircraft fleet; need
for lower MRO (maintenance, repair, and overhaul) cost, high demand for the
advanced avionic systems, and advancement in the connectors technology are
major growth drivers of the global aerospace & defense connectors market.
According to
Research and Markets, the global aerospace &
defense connectors market is projected to grow at a healthy CAGR (compound
annual growth rate) of 5.1% over the next five years to reach US$ 1,713.2
million in 2022.
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