The electrical wiring interconnection system (EWIS) market is expected to reach USD 2.1 billion by 2026, at a CAGR of 8.4% from 2021 to 2026. The growth of the EWIS market is attributed to factors such as the increasing demand for more electric aircraft and aircraft deliveries, growth in passenger traffic, and the upgrade of existing aircraft fleet technology.

Key drivers of the EWIS market

• Increasing demand for more electric aircraft: More electric aircraft are becoming increasingly popular as they offer a number of advantages over traditional aircraft, such as reduced fuel consumption, lower emissions, and increased reliability. EWIS systems play a critical role in more electric aircraft, as they are responsible for connecting and distributing electrical power to all of the aircraft's systems.

• Aircraft deliveries: The global commercial aircraft fleet is expected to grow from 17,498 aircraft in 2018 to 34,610 aircraft in 2035. This increase in aircraft deliveries is expected to drive the demand for EWIS systems.

• Growth in passenger traffic: Passenger traffic is expected to grow at a significant CAGR during the forecast period. This growth in passenger traffic is expected to drive the demand for new aircraft, which in turn will drive the demand for EWIS systems.

• Upgrade of existing aircraft fleet technology: Airlines are increasingly upgrading their existing aircraft fleets with new technologies, such as in-flight entertainment systems and connectivity systems. These upgrades require the installation of new EWIS systems.

Challenges facing the EWIS market

• High cost of EWIS systems: EWIS systems are complex and expensive to develop and manufacture. This high cost can be a barrier to entry for new players in the market.

• Stringent regulatory requirements: EWIS systems are subject to stringent regulatory requirements from aviation authorities such as the Federal Aviation Administration (FAA) and the European Aviation Safety Agency (EASA). This can make it difficult for EWIS manufacturers to comply with all of the applicable regulations.

• Competition from low-cost manufacturers: There is a growing trend of low-cost manufacturers entering the EWIS market. These manufacturers offer EWIS systems at lower prices than traditional manufacturers. This competition can make it difficult for traditional EWIS manufacturers to maintain their market share.

Growth opportunities in the EWIS market

• Growing demand for commercial aircraft in emerging markets: The demand for commercial aircraft is expected to grow significantly in emerging markets such as China and India. This growth is expected to drive the demand for EWIS systems in these markets.

• Increasing adoption of more electric aircraft: More electric aircraft are becoming increasingly popular as they offer a number of advantages over traditional aircraft. This increasing adoption of more electric aircraft is expected to drive the demand for EWIS systems.

• Development of new EWIS technologies: EWIS manufacturers are constantly developing new technologies to improve the performance and reliability of EWIS systems. These new technologies are expected to drive the growth of the EWIS market.

Conclusion

The EWIS market is expected to grow steadily in the coming years, driven by factors such as the increasing demand for more electric aircraft and aircraft deliveries, growth in passenger traffic, and the upgrade of existing aircraft fleet technology. However, the market faces some challenges, such as the high cost of EWIS systems, stringent regulatory requirements, and competition from low-cost manufacturers. Despite these challenges, the EWIS market offers a number of growth opportunities, such as the growing demand for commercial aircraft in emerging markets, the increasing adoption of more electric aircraft, and the development of new EWIS technologies.

Key players in the EWIS market

The EWIS market is dominated by a few major players, such as:

• Amphenol

• TE Connectivity

• Smiths Group

• L3Harris Technologies

• Safran

These players have a strong presence in the market and offer a wide range of EWIS products and solutions. They are also investing heavily in research and development to develop new EWIS technologies.

Future of the EWIS market

The future of the EWIS market is expected to be bright, driven by the increasing demand for more electric aircraft and the development of new EWIS technologies. EWIS manufacturers are focusing on developing EWIS systems that are lighter, more reliable, and more cost-effective. They are also developing EWIS systems that can support new technologies, such as in-flight entertainment systems and connectivity systems.

The EWIS market is also expected to benefit from the growing demand for commercial aircraft in emerging markets. The demand for EWIS systems is expected to grow significantly in these markets in the coming years.