Middle East & Africa Aircraft Wiring Harness Market Forecast to 2030
Middle East & Africa Aircraft Wiring Harness Market Forecast to 2030 – Regional Analysis – by Type (Wire Harness Terminal, Wire Harness Connector, and Others) and Material (PVC, Polyethylene, Polyurethane, Thermoplastic Elastomers, and Vinyl)
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Description
Miniaturization of Wire Harness Bolsters Middle East & Africa Aircraft Wiring Harness Market
The wire harness industry is poised to undergo significant changes as it adapts to evolving technologies, along with rising demand for customized solutions. Miniaturization is one of the most significant trends that will likely shape the aviation industry. As technology becomes more compact, wire harnesses must be designed with smaller components and thinner wires that can accommodate higher data rates while taking up less space. The integration of automation in wire harness manufacturing will increase efficiency and reduce errors. Customized wire harness solutions will also become more critical for specific aerospace applications with the rising adoption of IoT and smart devices. Modern aviation systems require high-speed data transmission capabilities. The industry must focus on using environment-friendly materials and production processes while creating wire harnesses capable of handling multiple connections and communication protocols. Further, miniaturized wire harnesses are designed to handle various requirements of aviation systems, supporting the growing demand for in-flight connectivity and data-intensive applications. As modern aircraft are equipped with a multitude of advanced systems and components, miniaturized wire harnesses help ensure efficient routing and installation within the limited space constraints of an aircraft. Thus, the trend of miniaturization of wire harnesses is likely to fuel the market growth in the coming years.
Middle East & Africa Aircraft Wiring Harness Market Overview
Over the past few years, the MEA has been imparting relatively flat trends in the airline sector. However, a few countries in the region have recorded higher air traffic. Due to this, several airport constructions are taking place in the region. For instance, in March 2023, Rafik Hariri International Airport in Beirut, Lebanon, made an announcement that it will start construction of a US$ 122 million terminal, which will be run by a renowned Irish airport operator after its completion in four years. Moreover, the region has several prominent players in the aircraft wiring harness market. For example, 48 Komax Alpha 530s is South Africa’s largest wire harness manufacturer, with a footprint of ~95,000 sq m spread across two provinces. Further, governments of various countries in the Middle East & Africa took several steps to manufacture sustainable electric aircraft. For instance, in April 2023, Monarch airplane manufacturing, based in the UAE, and EHang Holdings, a Chinese drone technology company, agreed to establish the first electric aircraft manufacturing facility in the Middle East & Africa in Abu Dhabi. Thus, the increasing focus on the adoption of electric aircraft propelled the demand for aircraft wiring harnesses in the region. According to the International Trade Administration (ITA), the UAE has surpassed other regional markets in the aerospace sector owing to government initiatives and investments. These projects include academic programs, industrial clusters, and the offset program. In line with the UAE’s long-term plan to transition to a knowledge-based economy, these initiatives have increased the number of contracts signed for new manufacturing, maintenance, repair, and overhaul (MRO) projects. Moreover, the presence of prominent airports such as, Dubai International Airport (DXB)is the world’s busiest international travel hub as of 2023. DWC can hold 1.6 million travelers annually. According to Euronews, this number might reach over 250 million by 2050. With the rising number of travelers, there will be a rise in the number of aircraft that will require wire harnesses. All these factors are propelling the overall growth of the aircraft wiring harness market.
Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Aircraft Wiring Harness Market Segmentation
The Middle East & Africa aircraft wiring harness market is segmented into type, material, and country.
Based on type, the Middle East & Africa aircraft wiring harness market is segmented into wire harness terminal, wire harness connector, and others. The wire harness terminal segment held the largest share of the Middle East & Africa aircraft wiring harness market in 2022.
In terms of material, the Middle East & Africa aircraft wiring harness market is categorized into PVC, polyethylene, polyurethane, thermoplastic elastomers, and vinyl. The PVC segment held the largest share of the Middle East & Africa aircraft wiring harness market in 2022.
Based on country, the Middle East & Africa aircraft wiring harness market is segmented into the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa aircraft wiring harness market in 2022.
Collins Aerospace, GKN Aerospace Services Ltd, Safran SA, and Samvardhana Motherson International Ltd are some of the leading companies operating in the Middle East & Africa aircraft wiring harness market.
Summary Info
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According to the Research Team’ research, the Middle East & Africa aircraft wiring harness market was valued at US$ 145.13 million in 2022 and is expected to reach US$ 227.76 million by 2030, registering a CAGR of 5.8% from 2022 to 2030. Rise in demand for commercial aircraft and surge in demand for MRO services are among the critical factors attributed to the Middle East & Africa aircraft wiring harness market expansion.
The number of commercial aircraft is increasing significantly worldwide. Commercial airline operators are maximizing the utilization of their aircraft to meet growing passenger demand for air travel. As more people choose air travel, airlines operate more flights with shorter turnaround times between departures. This increased flight frequency demands aircraft maintenance to ensure safe and reliable operations. Further, according to the World Bank, the number of air passengers reached ~2.07 billion in 2021, including ~21.8 million departures recorded by registered air carriers. Moreover, according to the report World Bank, ~205,267 million ton-km freight was moved by air transport in 2022. In comparison to 2021, ~1.6 billion passengers were carried through air transport, and ~17.9 million departures were recorded by registered air carriers in 2020. Furthermore, ~171,582 million ton-km freight was moved by air transport, according to the same report. To carry current and electronic signals from the nose to the tail of an aircraft, the aircraft wire harness assembly plays a crucial role in maintaining smooth operations. From the fuselage harness to the power distribution assembly, wire harness makers create intricate electrical harnesses and harness assemblies, enabling the operating and controlling of almost every aircraft component. Therefore, with the growing demand for commercial aircraft, the demand for Aircraft Wiring Harnesses is also increasing, which boosts market growth.
On the contrary, cost constraints in low profit margin hamper the growth of Middle East & Africa aircraft wiring harness market.
Based on type, the Middle East & Africa aircraft wiring harness market is categorized into wire harness terminal, wire harness connector, and others. The wire harness terminal segment held 44.4% share of Middle East & Africa aircraft wiring harness market in 2022, amassing US$ 64.51 million. It is projected to garner US$ 98.39 million by 2030 to expand at 5.4% CAGR during 2022-2030.
In terms of material, the Middle East & Africa aircraft wiring harness market is segmented into PVC, polyethylene, polyurethane, thermoplastic elastomers, and vinyl. The PVC segment held 39.5% share of Middle East & Africa aircraft wiring harness market in 2022, amassing US$ 57.31 million. It is projected to garner US$ 85.19 million by 2030 to expand at 5.1% CAGR during 2022-2030.
Based on country, the Middle East & Africa aircraft wiring harness market has been categorized into the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. Our regional analysis states that the UAE captured 43.8% share of Middle East & Africa aircraft wiring harness market in 2022. It was assessed at US$ 63.50 million in 2022 and is likely to hit US$ 105.05 million by 2030, exhibiting a CAGR of 6.5% during 2022-2030.
Key players operating in the Middle East & Africa aircraft wiring harness market are Collins Aerospace, GKN Aerospace Services Ltd, Safran SA, and Samvardhana Motherson International Ltd, among others.
In 2023, In the United Arab Emirates (UAE), Samvardhana Motherson International Ltd (SAMIL) launched a new wiring harness manufacturing facility to sell to European markets. According to the corporation, the 11,000 square meter greenfield plant in Ras Al Khaimah Economic Zone (RAKEZ) was constructed. Five hundred individuals will be working there.
In 2022, Collins Aerospace agreed to collaborate with Morocco’s Ministry of Industry to create an ecosystem based on an existing platform. It will create a network of vendors in the country to produce wire harnesses, fuselage, wing, and engine parts.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa Aircraft Wiring Harness Market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
TABLE OF CONTENTS
1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Aircraft Wiring Harness Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in Value Chain
5. Middle East & Africa Aircraft Wiring Harness Market – Key Industry Dynamics
5.1 Middle East & Africa Aircraft Wiring Harness Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Rise in Demand for Commercial Aircraft
5.2.2 Surge in Demand for MRO Services
5.2.3 Expansion of Aviation Industry
5.3 Market Restraints
5.3.1 Cost Constraints in Low Profit Margin
5.3.2 Preference for Repairing Damaged Wire Harness
5.4 Market Opportunities
5.4.1 Retrofitting of Older Aircraft Fleet
5.4.2 Rising Demand for Customised Solutions
5.5 Future Trends
5.5.1 Miniaturization of Wire Harness
5.5.2 Increasing Role of Digital Twin in Manufacturing of Wire Harness
5.6 Impact of Drivers and Restraints:
6. Aircraft Wiring Harness Market – Middle East & Africa Market Analysis
6.1 Middle East & Africa Aircraft Wiring Harness Market Revenue (US$ Million), 2022 – 2030
6.2 Middle East & Africa Aircraft Wiring Harness Market Forecast and Analysis
7. Middle East & Africa Aircraft Wiring Harness Market Analysis – Type
7.1 Wire Harness Terminal
7.1.1 Overview
7.1.2 Wire Harness Terminal: Middle East & Africa Aircraft Wiring Harness Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Wire Harness Connector
7.2.1 Overview
7.2.2 Wire Harness Connector: Middle East & Africa Aircraft Wiring Harness Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Others
7.3.1 Overview
7.3.2 Others: Middle East & Africa Aircraft Wiring Harness Market, Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa Aircraft Wiring Harness Market Analysis – Material
8.1 PVC
8.1.1 Overview
8.1.2 PVC: Middle East & Africa Aircraft Wiring Harness Market Revenue, and Forecast to 2030 (US$ Million)
8.2 Polyethylene
8.2.1 Overview
8.2.2 Polyethylene: Middle East & Africa Aircraft Wiring Harness Market Revenue, and Forecast to 2030 (US$ Million)
8.3 Polyurethane
8.3.1 Overview
8.3.2 Polyurethane: Middle East & Africa Aircraft Wiring Harness Market Revenue, and Forecast to 2030 (US$ Million)
8.4 Thermoplastic Elastomers
8.4.1 Overview
8.4.2 Thermoplastic Elastomers: Middle East & Africa Aircraft Wiring Harness Market Revenue, and Forecast to 2030 (US$ Million)
8.5 Vinyl
8.5.1 Overview
8.5.2 Vinyl: Middle East & Africa Aircraft Wiring Harness Market Revenue, and Forecast to 2030 (US$ Million)
9. Middle East & Africa Aircraft Wiring Harness Market – Country Analysis
9.1 Middle East & Africa
9.1.1 Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts and Analysis – By Country
9.1.1.1 Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts and Analysis – By Country
9.1.1.2 UAE: Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.2.1 UAE: Middle East & Africa Aircraft Wiring Harness Market Breakdown by Type
9.1.1.2.2 UAE: Middle East & Africa Aircraft Wiring Harness Market Breakdown by Material
9.1.1.3 Saudi Arabia: Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.3.1 Saudi Arabia: Middle East & Africa Aircraft Wiring Harness Market Breakdown by Type
9.1.1.3.2 Saudi Arabia: Middle East & Africa Aircraft Wiring Harness Market Breakdown by Material
9.1.1.4 South Africa: Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.4.1 South Africa: Middle East & Africa Aircraft Wiring Harness Market Breakdown by Type
9.1.1.4.2 South Africa: Middle East & Africa Aircraft Wiring Harness Market Breakdown by Material
9.1.1.5 Rest of Middle East and Africa: Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.5.1 Rest of Middle East and Africa: Middle East & Africa Aircraft Wiring Harness Market Breakdown by Type
9.1.1.5.2 Rest of Middle East and Africa: Middle East & Africa Aircraft Wiring Harness Market Breakdown by Material
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Mergers & Acquisitions
11. Company Profiles
11.1 Safran SA
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 GKN Aerospace Services Ltd
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Samvardhana Motherson International Ltd
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Collins Aerospace
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
12. Appendix
12.1 About the Research Team
12.2 Word Index
LIST OF TABLES
Table 2. Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 4. Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Million) – Material
Table 5. Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn) – By Country
Table 6. UAE: Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 7. UAE: Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn) – By Material
Table 8. Saudi Arabia: Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 9. Saudi Arabia: Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn) – By Material
Table 10. South Africa: Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 11. South Africa: Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn) – By Material
Table 12. Rest of Middle East and Africa: Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 13. Rest of Middle East and Africa: Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn) – By Material
Table 14. List of Abbreviation
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LIST OF FIGURES
Figure 2. Ecosystem: Middle East & Africa Aircraft Wiring Harness Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Middle East & Africa Aircraft Wiring Harness Market Revenue (US$ Million), 2022 – 2030
Figure 5. Middle East & Africa Aircraft Wiring Harness Market Share (%) – Type, 2022 and 2030
Figure 6. Wire Harness Terminal: Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Million)
Figure 7. Wire Harness Connector: Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Million)
Figure 8. Others: Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9. Middle East & Africa Aircraft Wiring Harness Market Share (%) Material, 2022 and 2030
Figure 10. PVC: Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. Polyethylene: Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. Polyurethane: Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Million)
Figure 13. Thermoplastic Elastomers: Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Million)
Figure 14. Vinyl: Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15. Middle East & Africa Aircraft Wiring Harness Market, By Country, 2022 ($Mn)
Figure 16. Middle East & Africa Aircraft Wiring Harness Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 17. UAE: Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 18. Saudi Arabia: Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 19. South Africa: Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 20. Rest of Middle East and Africa: Middle East & Africa Aircraft Wiring Harness Market Revenue and Forecasts to 2030 (US$ Mn)
1. Collins Aerospace
2. GKN Aerospace Services Ltd
3. Safran SA
4. Samvardhana Motherson International Ltd
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