Commercial Aviation Electrical Wiring Interconnection System (EWIS) Market Outlook – 2027
Electrical wiring interconnection system (EWIS) is the wiring system of the aircraft, which includes all the wiring harnesses such as wires, wiring devices, bundle clamps, splices, and others. EWIS is installed in any area of the aircraft and used for transmitting electrical energy, which also includes various types of signals & data between two or more intended termination points. EWIS evolved after the two major flight accidents occurred in 1996 and 1998, and the probable source of accident was spotted to be the fire in fuel tank caused by electric spark. At present, the electrical wiring interconnection system (EWIS) has been made mandatory by several aviation regulation authorities such as joint aviation authorities (JAA) and federal aviation regulations (FAR).
COVID-19 Scenario analysis:
- Due to COVID-19 situation, the research & development in commercial aviation electrical wiring interconnection system has been hampered due to the declared lockdowns and government restrictions on public gatherings.
- Slowing sign in economies of several countries has been observed due to COVID-19 effect, which may limit government investments in state owned aviation companies. Such reduction in investment will directly affect the growth in commercial aviation electrical wiring interconnection system (EWIS) market.
- Travel restrictions due to COVID-19 has also impacted negatively to the production of commercial aviation electrical wiring interconnection systems, as the supply chain of components such as several clamps, cables has been disturbed.
- There will be a significant rise in demand in commercial aviation electrical wiring interconnection system (EWIS) market in the future as the travel restrictions start loosen up worldwide.
Top impacting factors: market scenario analysis, trends, drivers and impact analysis
Increasing aircraft orders across the globe, upgrading existing fleet of aircraft, and rise in demand of electric aircrafts are the factors which drive the growth of the commercial aviation electrical wiring interconnection system (EWIS) market. However, existing backlogs in aircraft deliveries, stringent regulatory norms, and high cost of manufacturing setup act as the restraining factors in the electrical wiring interconnection system (EWIS) market. On the contrary, technological advancements in overall reducing weight of EWIS will contribute further in the growth of global commercial aviation electrical wiring interconnection system (EWIS) market.
Existing backlogs in aircraft deliveries
Several airline companies are facing shortage of commercial aircrafts due to delay in aircraft deliveries. For instance, on June 2019, Airbus had backlog of 7276 aircrafts. Similarly, Boeing was carrying 5733 aircraft backlogs. Such backlogs in aircraft deliveries is restraining the growth of aircraft commercial aviation electrical wiring interconnection system (EWIS) market. Moreover, such backlogs can also result in cancellation of aircraft orders. For instance, Qatar Airways cancelled the A320neo aircraft orders due to a delay in aircraft delivery in 2015. Hence, existing backlogs in aircraft deliveries is hampering the growth of the global commercial aviation electrical wiring interconnection system (EWIS) market.
Key benefits of the report:
- This study presents the analytical depiction of the commercial aviation electrical wiring interconnection system (EWIS) industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of global commercial aviation electrical wiring interconnection system (EWIS) market share.
- The current market is quantitatively analyzed to highlight the global commercial aviation electrical wiring interconnection system (EWIS) market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global commercial aviation electrical wiring interconnection system (EWIS) market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the commercial aviation electrical wiring interconnection system (EWIS) market research report:
- Which are the leading market players active in the global commercial aviation electrical wiring interconnection system (EWIS) market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
Commercial Aviation Electrical Wiring Interconnection System (EWIS) Market Report Highlights
Aspects | Details |
By Aviation Type |
|
By Application |
|
By Component |
|
By End User |
|
By Region |
|
Key Market Players | TE Connectivity, Transdigm Group Inc., Co-Operative Industries Aerospace & Defense - A Division of kSARIA, Ducommun Incorporated., GKN Aerospace Services Limited, Safran, Collins Aerospace, Amphenol Corporation, InterConnect Wiring, Latécoère |
Loading Table Of Content...