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According to the latest research report titled “Backshell Market Forecast to 2028 – COVID-19 Impact and Global Analysis,” published by The Insight Partners, the market is expected to reach US$ 752.59 million by 2028, registering a CAGR of 4.9% during 2021–2028.
Backshells are important components of connectors, which are integrated on the rear of a rectangular or circular connector shell to provide additional protection and support, and create a polished aesthetic look. Backshells are made of various materials such as aluminum, stainless steel, composite, and brass, and are available for military and commercial applications. Certain backshells, such as crimp-ring styles or circular banding, require specialized protection such as heat shrink boots.
The backshell market is experiencing substantial growth owing to the increase in year-on-year military spending by governments across the world and the rise in commercial (civil and general aviation) aircraft manufacturing. With the increase in importance for border security, the Ministry of Defense (MoD) is investing significantly in procuring advanced ground vehicles, combat and carrier aircraft, and naval aircraft carriers and warships. The significant production of military aircraft fleet, military ground vehicles, military ground equipment, and naval vessels is one of the key drivers of the backshell market growth. It is expected that the rising production volume and MROs of aircraft fleet, ground vehicles, ground equipment, and naval vessels will drive the growth of the backshell market in the coming years.
Moreover, with the rising disposable income, masses are preferring air travel as a medium of transport, which is driving the production and MRO operations of commercial aircraft across the world. This is another prominent driving parameter for the growth of the backshell market. The commercial aircraft fleet (manufacturing as well as MRO) is demanding military-grade components, such as connectors and backshells, as the modern commercial aircraft operate in various challenging environments. The commercial-grade connectors and backshells might sometimes fail to function satisfactorily, which could cause unavoidable scenarios. Owing to this, the backshell market is witnessing a surge in recent years. However, the COVID-19 outbreak has restricted the supply chain of the aerospace and defense industry, which has resulted in a drop in production and delay in deliveries of military ground vehicles, naval vessels, and aircraft (military and commercial), owing to which the adoption of backshell is negatively impacted.
Key Findings of Study:
The global backshell market is segmented into five major regions—North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SAM). In 2020, North America led the market. The region comprises a substantially large number of aircraft manufacturers, as well as it has the largest aerospace and defense industry. The region houses a substantial number of backshell developers, which facilitates the aircraft manufacturers in the region to integrate the same on a large number of aircraft fleets. This fuels the growth of the backshell market in North America.
In Europe, a significant number of backshell suppliers operates across the region. Aircraft manufacturers, such as Airbus, Saab AB, Dassault Systems, and Ilyushin Aviation, continuously record high order volumes, which augments the demand for backshells. In addition, numerous backshell manufacturers exist in different countries across Europe. However, the COVID-19 outbreak in the European countries hindered the production of aircraft fleets, aircraft engines, and several different components (such as backshell). For instance, Airbus, an aircraft manufacturer in the region, delivered 566 aircraft in 2020. This highlighted a negative impact on the backshell market.
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