Mechanical Control Cables Market for Military and Aerospace worth $ 11.9 billion by 2025 - PowerPoint PPT Presentation

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Mechanical Control Cables Market for Military and Aerospace worth $ 11.9 billion by 2025

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Mechanical Control Cables Market for Military and Aerospace is projected to grow from USD 8.8 billion in 2019 to USD 11.9 billion by 2025, at a CAGR of 5.1% during the forecast period. – PowerPoint PPT presentation

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Title: Mechanical Control Cables Market for Military and Aerospace worth $ 11.9 billion by 2025


1
The Global Mechanical Control Cables Market for
Military and Aerospace report provides a
detailed analysis of the trends from 2019 to
2025. It discusses industry and technology
trends prevailing in the market, along with the
drivers, restraints, challenges, and
opportunities. The global mechanical control
cables market for military and aerospace is
projected to grow from USD 8.8 billion in 2019
to USD 11.9 billion by 2025, at a CAGR of 5.1
during the forecast period. The market in North
America is expected to witness substantial
growth during the forecast period, especially
from the US. High military spending in the US
and the increasing procurement of highly
advanced armored vehicles are expected to drive
market growth. For instance, according to the
Congressional Research Services Report 2019,
funding of USD 350 million was provided for
amphibious assault ship LHA-9. Download PDF
Brochure _at_ https//www.marketsandmarkets.com/pdfdo
wnloadNew.asp?id254157622 Based on type, the
push-pull segment of the mechanical control
cables market for military and aerospace is
projected to grow at the highest CAGR during the
forecast period. Increasing demand for new
commercial aircraft is fueling the adoption of
push- pull cables. These cables and rods are
used mainly in the flight control and landing
gear systems of an aircraft. The increasing
demand for new commercial aircraft will drive the
demand for push-pull mechanical control cables
market. Based on application, the mechanical
control cables market for military and aerospace
is segmented into aerial, land, and marine. The
aerial segment is expected to grow at a higher
CAGR during the forecast period. There is an
increase in investments in RD activities with
an aim to develop advanced navigational
technologies and flight control systems to be
used in aircraft. Mechanical control cables are
not only used in these systems but also in
redesigning aircraft seating and cabin equipment,
and landing gears.
2
By region, the mechanical control cables market
for military and aerospace has been segmented
into North America, Europe, Asia Pacific, Latin
America and the Middle East Africa. The market
in Asia Pacific is anticipated to witness the
second-fastest growth during the forecast
period. China, Japan, India, South Korea,
Australia, and the Rest of Asia Pacific are
considered under this regional market analysis.
The market in India is expected to grow at the
highest during the forecast period, on account of
the rapid growth of the aviation industry,
increasing air passenger traffic, and economic
growth in China and India. Ask for Sample Report
_at_ https//www.marketsandmarkets.com/requestsample
New.asp?id254157622 Key Market Players The key
market players in the mechanical control cables
market for military and aerospace are Crane
Aerospace Electronics (US), Triumph Group (US),
Elliott Manufacturing (US), Orscheln Products
(US), Glassmaster Controls Company, Inc. (US),
Loos Co. Inc. (US), Bergen Cable Technology,
Inc. (US), Cable Manufacturing Assembly, Inc.
(US), Wescon Controls (US), Tyler Madison, Inc.
(US), Escadean Ltd. (UK), Sila Group (Italy),
Cablecraft Motion Controls (US), Ringspann GmbH
(Germany), Lexco Cable Mfg. (US), Drallim
Industries Limited (UK), Grand Rapids Controls,
LLC. (US), VPS Control Systems, Inc. (US),
AeroControlex (US), and Küster Holding GmbH
(Germany), among others. About
MarketsandMarkets MarketsandMarkets provides
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niche opportunities/threats which will impact
70 to 80 of worldwide companies revenues.
Currently servicing 7500 customers worldwide
including 80 of global Fortune 1000 companies
as clients. Almost 75,000 top officers across
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