Market Overview:
The global aeronautical wind tunnel market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for aircraft, guided missiles, and space vehicles. Additionally, the growing number of wind tunnels across regions is also contributing to the growth of this market. The global aeronautical wind tunnel market can be segmented on the basis of type into open return and closed return wind tunnels. Closed return wind tunnels are expected to witness higher growth during the forecast period as they provide more accurate results as compared to open return ones. On the basis of application, the global aeronautical wind tunnel market can be segmented into aircraft, guided missiles, space vehicles, and others (including drones and UAVs). Aircraft is expected to account for a major share in terms of revenue in 2018 owing to increased demand for commercial airliners across regions.
Product Definition:
An aeronautical wind tunnel is a facility used by the aerospace industry to study the characteristics of airflow over different shapes of aircraft and engine components. The importance of an aeronautical wind tunnel is that it allows researchers to improve the performance and safety of aircraft by predicting how they will behave in flight.
Open Return Wind Tunnel:
Open return wind tunnel is a type of wind tunnel which has an open end, through which the air can flow in and out. The advantage of this type of design is that it allows the engineers to view and test the designs from different angles, thus providing a better understanding about how objects will perform in real world conditions.
Closed Return Wind Tunnel:
Closed return wind tunnel is a device used to test the aerodynamic performance of an aircraft. It has two main components, namely, fan and closed chamber. The fan creates low pressure environment which helps in reducing drag and provides smooth airflow over the surface of aircraft body. The closed chamber eliminates external air disturbances such as turbulence caused by other testing equipment or flow entering from other tunnels.
Application Insights:
Aircraft application segment dominated the global market in 2017. The aircraft wind tunnel is used to test the aerodynamic characteristics of a vehicle at different speeds and directions. These tunnels are essential for understanding vehicle performance, especially at high Mach numbers where air flow separation occurs around an object due to Bernoulli effect. This leads to an increase in drag, which reduces maneuverability and increases fuel consumption thus reducing its overall efficiency as compared with guided missiles or space vehicles wind tunnels.
The others application segment includes automotive testing facilities that use a wind tunnel for testing automobiles or bicycles without involving any mechanical parts such as engine or transmission systems. Such tests are conducted using scale models of vehicles that accurately represent their real-life counterparts by simulating their mass, inertia and momentum, friction between surfaces (such as tires and road), air resistance (drag) etcetera using a variety of techniques including airflow visualization with smoke machines etcetera called Computational Fluid Dynamics (CFD).
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The U.S., being a leading aeronautical country, has a strong presence of aerospace companies that are actively involved in R&D activities for designing and developing aircraft with better efficiency and higher cruising speed. This is expected to drive the demand for wind tunnels over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing R&D investments by various governments as well as private organizations across countries such as China, India, Japan, South Korea and Australia among others which are major contributors towards market growth.
Growth Factors:
- Increasing demand for air travel: The global air travel industry is expected to grow at a CAGR of 5.8% from 2016 to 2020, reaching a total value of 7.8 billion. This growth will be driven by the increasing number of passengers travelling by air and the rise in disposable income in emerging markets.
- Development of new aircraft: Airlines are investing heavily in the development of new aircraft models, which require wind tunnel testing for aerodynamic and performance analysis. For instance, Airbus has invested more than billion in R&D over the past three years and plans to spend an additional billion per year going forward.
- Expansion of airport infrastructure: Airport infrastructure is being expanded rapidly to meet the increasing demand for air travel, particularly in developing countries such as China and India . This expansion requires wind tunnel testing to ensure that new airports can safely accommodate larger aircraft models .
Scope Of The Report
Report Attributes
Report Details
Report Title
Aeronautical Wind Tunnel Market Research Report
By Type
Open Return Wind Tunnel, Closed Return Wind Tunnel
By Application
Aircraft, Guided Missiles, Space Vehicles, Others
By Companies
German-Dutch Wind Tunnels, Aircraft Research Association, Omega, Akira Technologies, ETW, Avigit Aerospace, Aiolos, IAI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Aeronautical Wind Tunnel Market Report Segments:
The global Aeronautical Wind Tunnel market is segmented on the basis of:
Types
Open Return Wind Tunnel, Closed Return Wind Tunnel
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aircraft, Guided Missiles, Space Vehicles, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- German-Dutch Wind Tunnels
- Aircraft Research Association
- Omega
- Akira Technologies
- ETW
- Avigit Aerospace
- Aiolos
- IAI
Highlights of The Aeronautical Wind Tunnel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Open Return Wind Tunnel
- Closed Return Wind Tunnel
- By Application:
- Aircraft
- Guided Missiles
- Space Vehicles
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aeronautical Wind Tunnel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aeronautical wind tunnel is a facility used to study the effects of wind on aircraft.
Some of the key players operating in the aeronautical wind tunnel market are German-Dutch Wind Tunnels, Aircraft Research Association, Omega, Akira Technologies, ETW, Avigit Aerospace, Aiolos, IAI.
The aeronautical wind tunnel market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aeronautical Wind Tunnel Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aeronautical Wind Tunnel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aeronautical Wind Tunnel Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aeronautical Wind Tunnel Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aeronautical Wind Tunnel Market Size & Forecast, 2020-2028
4.5.1 Aeronautical Wind Tunnel Market Size and Y-o-Y Growth
4.5.2 Aeronautical Wind Tunnel Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Open Return Wind Tunnel
5.2.2 Closed Return Wind Tunnel
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Aircraft
6.2.2 Guided Missiles
6.2.3 Space Vehicles
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aeronautical Wind Tunnel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aeronautical Wind Tunnel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Open Return Wind Tunnel
9.6.2 Closed Return Wind Tunnel
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Aircraft
9.10.2 Guided Missiles
9.10.3 Space Vehicles
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Open Return Wind Tunnel
10.6.2 Closed Return Wind Tunnel
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Aircraft
10.10.2 Guided Missiles
10.10.3 Space Vehicles
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Open Return Wind Tunnel
11.6.2 Closed Return Wind Tunnel
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Aircraft
11.10.2 Guided Missiles
11.10.3 Space Vehicles
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Open Return Wind Tunnel
12.6.2 Closed Return Wind Tunnel
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Aircraft
12.10.2 Guided Missiles
12.10.3 Space Vehicles
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Open Return Wind Tunnel
13.6.2 Closed Return Wind Tunnel
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Aircraft
13.10.2 Guided Missiles
13.10.3 Space Vehicles
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aeronautical Wind Tunnel Market: Competitive Dashboard
14.2 Global Aeronautical Wind Tunnel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 German-Dutch Wind Tunnels
14.3.2 Aircraft Research Association
14.3.3 Omega
14.3.4 Akira Technologies
14.3.5 ETW
14.3.6 Avigit Aerospace
14.3.7 Aiolos
14.3.8 IAI
