Aerospace and Defense Power Connector Market 2027

The research report published by The Insight Partners predicts that the Aerospace and Defense Power Connector Market is will grow to US$ 1737.8 million by 2027 at a CAGR of 5.3% between 2020 and 2027. The report also mentions that currently, the global market is highly dominated by the North America and Europe due to the availability of technological capabilities, R&D, infrastructure support, and skilled professionals.
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The commercial aircraft industry has witnessed exponential growth in the past few years. This growth is happening because various operators in the industry are developing, overhauling, manufacturing, and rebuilding helicopters, aircraft and airplanes engines, along with other components and subsystems for the commercial sector.