Global Market for EWIS is projected to reach USD 7.78 Million by 2030 and register a 4.61% CAGR.
An electrical wiring interconnection system (EWIS) is a combination of wires and wiring devices, which are fixed in any part of the aircraft for conveying electrical energy, such as various types of signals and data, between one or more than one intended termination points. Different aviation regulation authorities such as the Joint Aviation Authorities (JAA) and Federal Aviation Regulations (FAR) require EWIS for all aircraft included under the transport category.
Global Market for EWIS is expected to register significant growth during the forecast period due to several factors, including the increasing use of electronics in aircraft systems and rising aircraft deliveries across the world. Furthermore, the growing demand for electric aircraft is also expected to drive the growth of the market. Additionally, the increasing collaborations between prominent aircraft OEMs and EWIS providers is also expected to drive the growth of the global market. For instance, in February 2020, GKN Fokker Elmon, a subsidiary of GKN Aerospace Services Limited, signed a six-year agreement with Boeing to provide EWIS for Boeing’s 777X aircraft.
However, issues related to existing aircraft backlogs and stringent regulatory norms are expected to restrict the growth of the electrical wiring interconnection system (EWIS) market.
Technology advancements such as automatic 3D routing and the growing demand for fly-by-optics are expected to drive the growth of the market.
By Aviation Type
Other Prominent Players
|Market Size||USD 7,780 Million|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||End User, Application, Component and Aviation Type|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||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), Collins, Aerospace (US), AKKA (Belgium), AMETEK, Inc. (US), E. Petsche Co. (US), Carlisle Companies Inc. (US), Leviton (US), Pic Wire & Cable (US), Radiall (France), L. Gore & Associates, Inc. (US), Arrow Electronics, Inc. (US) and The Angelus Corporation (US)|
|Key Market Opportunities||Automatic 3D routing and the growing demand for fly-by-optics are expected to drive the growth of the market.|
|Key Market Drivers||