U.S. Cables And Wires for Aerospace and Defense Market Research, 2032
The U.S. cables and wires for aerospace and defense market was valued at $4.4 billion in 2023 and is projected to reach $6.6 billion by 2032, registering a CAGR of 3.9% from 2024 to 2032.
Cables and wires are designed to transmit signals & electricity and are made of cutting-edge technology to meet the needs of military and aerospace systems, which are trending toward more compact, high-throughput, and rugged designs. Military & defense wire and cables are segmented into coaxial cable, power cable, shipboard cable, and others. Moreover, the demand for marine cables in shipbuilding has increased due to their low weight and high efficiency.
The U.S. cables and wires for aerospace and defense market data indicates that the U.S. cables and wires for aerospace & defense market is expected to witness notable growth during the forecast period owing to digitalization and electrification of aerospace & defense systems. As aircraft and defense systems become increasingly reliant on digital technologies for communication, navigation, surveillance, and mission-critical functions, there is a rise in demand for advanced wiring solutions that support these digital systems. In addition, a rise in military expenditure has driven the U.S. cables and wires for aerospace & defense market growth. Furthermore, the continuous development of innovative aircraft solutions is expected to further propel market growth during the forecast period.
Key Takeaways of U.S. cables and wires for aerospace and defense Market Report
- By type, the cable segment held the largest share of the U.S. cables and wires for aerospace and defense market in 2023, the segment is anticipated to grow at the fastest CAGR during the forecast period.
- By voltage, the high voltage segment held the largest market share of the U.S. cables and wires for aerospace and defense industry in 2023, however, the extra high voltage segment is anticipated to grow at the fastest CAGR during the forecast period.
- By application, the military aerospace segment held the largest share in the U.S. cables and wires for aerospace and defense industry in 2023, however, the commercial aerospace segment is anticipated to grow at the fastest CAGR during the forecast period.
Market Dynamics
Digitalization and electrification of aerospace & defense systems driving the market growth
The highly efficient aerospace & defense infrastructure in U.S., which is equipped with the latest military and defense technologies, demands reliable cable and wire solutions for its operations. Digitalization and electrification in aerospace & defense solutions increase operational efficiency while simplifying the user’s functions. To offer seamless performance in aerospace & defense solutions, the military and defense sector makes use of hybrid cable applications due to their ability to offer severe weight restrictions while providing a high level of performance in terms of flexibility, cut-through resistance, and abrasion resistance.
These hybrid cables are essential for transmitting signal, power, and high-speed data and had to incorporate only Mil-spec certified components. Rise in inclination toward the enhancement & replacement of the existing electric infrastructure across aerospace & defense industry has instituted a favorable growth scenario for wire and cable market.
High development and maintenance cost of infrastructure restraining market growth
The cables and wires for aerospace & defense have numerous benefits, however, the high development and maintenance costs of the infrastructure itself add complexity to the implementation of next-generation hybrid cable and wire solutions, which have been impeding the market growth. In addition, the high cost associated with the installation and training of aerospace & defense applications is feeble owing to expensive technology acting as a major restraint for market growth.
The rise in government investment in defense and space agencies creates significant opportunities for the market growth
The U.S. government's substantial investments in defense and space agencies present significant growth opportunities for the cables and wires market within the aerospace and defense sectors. These investments drive demand for advanced cabling solutions essential for the reliable and efficient operation of modern defense and aerospace systems.
For instance, in July 2022, the U.S. Department of Defense (DoD) made considerable investments in its aerospace and defense infrastructure. One notable example is the collaboration between Boom Supersonic and Collins Aerospace, a subsidiary of Raytheon Technologies. This partnership focuses on developing advanced aircraft systems for Boom's Overture, a supersonic commercial airliner. Collins Aerospace's contributions in avionics, power, and control systems are critical to advancing this next-generation aircraft, which relies heavily on sophisticated cabling and wiring solutions to ensure seamless operation and safety.
Segment Overview
The U.S. cables and wires for aerospace and defense market is analyzed by type, voltage, and application.
By Type
On the basis of type, the U.S. cables and wires for aerospace and defense market is bifurcated into cable and wire. In 2023, the cable segment held the largest U.S. cables and wires for aerospace and defense market share due to its superior durability, higher performance standards, and extensive application in critical aerospace and defense systems.
By Type
Cable Segment Largest and Fastest growing segment
By Voltage
On the basis of voltage, the U.S. cables and wires for aerospace and defense market is segmented into low voltage, medium voltage, high voltage, and extra high voltage. In 2023, the high voltage segment held the largest U.S. cables and wires for aerospace and defense market size due to the increase in demand for efficient power transmission and distribution systems in advanced aerospace and defense applications.
By Voltage
Extra High Voltage Fastest growing segment
By Application
On the basis of application, the U.S. cables and wires for aerospace and defense industry is segmented into military shipboard, military aerospace, military ground equipment, commercial aerospace, and space (military and commercial). In 2023, the military aerospace segment was the highest revenue generator in the U.S. cables and wires for aerospace and defense industry, primarily due to significant investments in advanced military aircraft and modernization programs to enhance defense capabilities.
Top Impacting Factors
Significant factors that impact the growth of the U.S. cables and wires for aerospace & defense industry include rise in military expenditure coupled with digitalization and electrification of aerospace & defense systems. Moreover, development of innovative aircraft solutions is expected to drive market growth. However, high development and maintenance cost of infrastructure to support satellite wiring hampers the growth of the market. On the contrary, rise in government investment in defense & space agencies is expected to offer potential growth opportunity for the U.S. cables and wires for aerospace & defense market during the forecast period.
The U.S. cables and wires for aerospace and defense market is experiencing significant growth due to increasing technological advancements and rising military expenditures. This growth in the cables and wires for A&D for US market is driven by the need for advanced wiring solutions to support modern digital systems in aircraft and defense operations. As the U.S. cables and wires for aerospace and defense market evolves, key players are focusing on innovation and strategic expansions to meet the specific demands of the cables and wires for A&D for US market.
Competitive Analysis
The U.S. cables and wires for aerospace and defense market analysis report highlights the highly competitive nature of the U.S. cables and wires for aerospace and defense market, owing to the strong presence of existing vendors. U.S. cables and wires for aerospace and defense market insights indicate that vendors with extensive technical and financial resources are expected to gain a competitive advantage over their counterparts by effectively addressing U.S. cables and wires for aerospace and defense market demands. The competitive environment in this market is expected to increase as product launch, acquisition, and expansion kind of strategies adopted by key vendors increase. Competitive analysis and profiles of the major U.S. cables and wires for aerospace and defense company list that have been provided in the report include Allied Wire & Cable, Amphenol Corporation, Carlisle Interconnect Technologies, Galaxy Wire & Cable, Inc., Harbour Industries, LLC, Infinite Electronics International, Inc., Methode Electronics, RF Industries, Ltd., Raytheon Technologies Corporation (RTX), and TE Connectivity Ltd.
Key Developments/ Strategies
According to the latest U.S. cables and wires for aerospace and defense industry report, from the U.S. cables and wires for aerospace and defense company list the leading companies are adopting strategies such as product launch, acquisition, and expansion to strengthen their market position in the U.S. cables and wires for aerospace and defense market.
- In October 2023, Carlisle Interconnect Technologies launched ECS Lightning series avionics coax, which adds two new 50 Ω coaxial cables to its existing lineup of ECS avionics cables. The Lightning series cable improves the performance of trusted ECS brand cables & maintains the reliability of CarlisleIT products by delivering high output under challenging aircraft conditions without compromising integrity.
- In May 2023, Galaxy Wire & Cable started its manufacturing facility located in Horsham PA. The new production areas have more capacity to produce custom cable assemblies and electronic wire harnesses, which form the core of Galaxy’s manufacturing business. It provides wire and cable products to many industries, including electronics, instrumentation, medical, military, transportation, oil & gas, and robotics.
Key Benefits for Stakeholders
- To provide an accurate view of future investment pockets, this study provides analytical estimates for U.S. cables and wires for aerospace and defense market size along with current trends and estimations.
- To be able to achieve a more prominent position, the overall U.S. cables and wires for aerospace and defense sector analysis is based on an understanding of prevailing profitability trends.
- The report presents information related to key drivers, restraints, and U.S. cables and wires for aerospace and defense market opportunity with a detailed impact analysis.
- To measure financial competence, U.S. cables and wires for aerospace and defense market forecasts shall be quantitatively analyzed from 2023 until 2032.
- The Porter Five Force analysis shows that buyers and suppliers are more powerful in the U.S. cables and wires for aerospace and defense market.
- Key vendor shares and U.S. cables and wires for aerospace and defense market trends are included in the report.
U.S. Cables And Wires for Aerospace and Defense Market Report Highlights
| Aspects | Details |
 By TYPE |
|
 By VOLTAGE |
|
 By APPLICATION |
|
 Key Market Players | TE Connectivity Ltd., Infinite Electronics International, Inc., Amphenol Corporation, Raytheon Technologies Corporation (RTX), Methode Electronics, Galaxy Wire & Cable, Inc., Carlisle Interconnect Technologies, Allied Wire & Cable, Harbour Industries, LLC, RF Industries Ltd. |
Analyst Review
U.S. cables and wires for aerospace & defense market has witnessed significant growth owing to surge in investments in R&D by aircraft original equipment manufacturers. Further, rise in government investment in defense & space agencies significantly boosts the growth of the U.S. cables and wires for aerospace & defense market. The cables and wires for the aerospace & defense market have expanded due to the surge in need for new aircraft manufacturers.
Commercial aircraft, military airplanes, civil helicopters, and military helicopters use aviation cables to set up an electrical system and transmit signals into electrical power. As a result, the demand for the fabrication of aviation wires is positively impacted by the rise in aircraft demand. Therefore, the competitive environment in this market is expected to further intensify with increase in technological innovations, product extensions, and different strategies adopted by key vendors.
Rise in demand in financial investment by prime government agencies in aerospace & defense solutions such as communication, lighting, flight control system, power transfer, data transfer, and avionics has enhanced cable and wire solutions. Among the analyzed segments, power distribution exhibits the highest adoption rate of cable and wire in aerospace & defense sectors. Various key players and government agencies have invested in cables and wires for the aerospace & defense market that strengthens their share in the market. The key players profiled in the report include Allied Wire & Cable, Amphenol Corporation, Carlisle Interconnect Technologies, Galaxy Wire & Cable, Inc., Harbour Industries, LLC, Infinite Electronics International, Inc., Methode Electronics, RF Industries, Ltd., Raytheon Technologies Corporation (RTX), and TE Connectivity Ltd.
The industry size of U.S. Cables and Wires for Aerospace and Defense is estimated to be $4,437.7 million in 2023.
The U.S. Cables and Wires for Aerospace and Defense Market is expected to grow at a CAGR of 3.9% during the period of 2024 to 2032.
The leading application of the U.S. Cables and Wires for Aerospace and Defense Market is in the field of military aerospace.
The leading voltage for U.S. cables and wires in the aerospace and defense sector is high voltage.
The top companies holding significant market share in the U.S. Cables and Wires for Aerospace and Defense industry include Allied Wire & Cable, Amphenol Corporation, Carlisle Interconnect Technologies, Galaxy Wire & Cable, Inc., Harbour Industries, LLC, Infinite Electronics International, Inc., Methode Electronics, RF Industries Ltd., Raytheon Technologies Corporation (RTX), and TE Connectivity Ltd.
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