Market Overview:
The global aviation testing equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for new aircraft and rising number of air passengers across the globe. Additionally, increase in investments by governments for development of airports is also propelling the growth of this market. Based on type, electrical and electronic system test equipment held a major share in 2017 and is expected to continue its dominance during the forecast period. This can be attributed to increasing demand for these equipments from commercial aviation sector across different regions. Based on application, commercial aviation accounted for majority share in 2017 and is projected to maintain its lead during the forecast period owing to growing demand for air travel globally coupled with modernization initiatives undertaken by airlines worldwide.
Product Definition:
Aviation Test Equipment is used to test the performance and safety of aviation equipment. This equipment is important because it helps ensure that aircraft are safe to fly.
Electrical and Electronic System Test Equipment:
Electrical and electronic system test equipment is used to perform maintenance on electrical & electronic systems of an aircraft. It includes testing of avionics, flight control, power distribution and propulsion systems. The growth factor in the aviation testing equipment market is increasing demand for better safety features in aircrafts coupled with growing air traffic which leads to rise in number of new airplanes required for transport industry worldwide.
Engine Testing Equipment:
Engine testing equipment is used to test the engines, which are installed in aircraft. It comprises of a variety of devices that help in analyzing and testing various aspects of an engine such as fuel efficiency, reliability, and durability among others. The tests include accelerated life tests, endurance tests (ETE), combustion stability/noise measurement test (CST), oil analysis & filter change-out test (OAT) among others.
Application Insights:
The general aviation segment held the largest share of over 40.0% in 2017 and is expected to witness significant growth during the forecast period. General aviation includes small aircraft, light helicopters, business jets and airliners. The demand for ground support equipment such as de-icing equipment, refueling systems testing equipment among others is also anticipated to contribute significantly towards market growth during the forecast period.
The commercial aviation sector consists of two main components; namely operations & maintenance (O&M).
Regional Analysis:
North America accounted for the largest revenue share in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing military and commercial aviation activities coupled with stringent regulations laid down by various regulatory bodies, such as Federal Aviation Administration (FAA) and National Transportation Safety Board (NTSB). Europe accounted for a significant market share in 2017 owing to increased spending on aerospace R&D. However, strict government regulations regarding air safety are anticipated to hamper growth during the forecast period. Asia Pacific is projected to be one of the fastest-growing regions during the same period due rising investments by major players in this region along with favorable government policies promoting civil aviation sector development at a faster pace than other modes of transport.
The Middle East & Africa is also likely witness substantial growth over next eight years due increasing focus on developing civil aviation infrastructure within countries such as Saudi Arabia.
Growth Factors:
- Increasing demand for air travel: The global air passenger traffic is expected to grow at a CAGR of 5.8% from 2016 to 2036, according to the International Air Transport Association (IATA). This will result in the need for more aviation testing equipment and services.
- Technological advancements: The aviation industry is constantly evolving with new technologies being introduced regularly. This requires regular testing and calibration of aviation testing equipment to ensure their accuracy and compliance with safety standards.
- Stringent safety regulations: Aviation authorities across the world are increasingly implementing stringent safety regulations, which has led to an increase in demand for aviation testing equipment and services.
- Growing number of aircraft operators: There has been a significant growth in the number of aircraft operators in recent years, especially in developing countries such as China and India . This has resulted in an increased demand for aviation testing equipment and services worldwide.. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Aviation Testing Equipment Market Research Report
By Type
Electrical and Electronic System Test Equipment, Engine Testing Equipment, Body Testing Equipment, Others
By Application
Commercial Aviation, General Aviation, Military Aviation
By Companies
Lockheed Martin, Keysight Technologies, BAE Systems, GE, Safran, Honeywell, Teradyne, National Instruments, Moog, SPHEREA
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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Aviation Testing Equipment Market Report Segments:
The global Aviation Testing Equipment market is segmented on the basis of:
Types
Electrical and Electronic System Test Equipment, Engine Testing Equipment, Body Testing Equipment, Others
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
Commercial Aviation, General Aviation, Military Aviation
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:
- Lockheed Martin
- Keysight Technologies
- BAE Systems
- GE
- Safran
- Honeywell
- Teradyne
- National Instruments
- Moog
- SPHEREA
Highlights of The Aviation Testing Equipment 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:
- Electrical and Electronic System Test Equipment
- Engine Testing Equipment
- Body Testing Equipment
- Others
- By Application:
- Commercial Aviation
- General Aviation
- Military Aviation
- 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 Aviation Testing Equipment 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Aviation testing equipment is a specialized type of instrument used in the aviation industry to test aircraft and components. These devices can measure various aspects of an aircraft's performance, including airspeed, altitude, engine power, and more.
Some of the key players operating in the aviation testing equipment market are Lockheed Martin, Keysight Technologies, BAE Systems, GE, Safran, Honeywell, Teradyne, National Instruments, Moog, SPHEREA.
The aviation testing equipment 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 Aviation Testing Equipment 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 Aviation Testing Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aviation Testing Equipment 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 Aviation Testing Equipment 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 Aviation Testing Equipment Market Size & Forecast, 2020-2028
4.5.1 Aviation Testing Equipment Market Size and Y-o-Y Growth
4.5.2 Aviation Testing Equipment 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 Electrical and Electronic System Test Equipment
5.2.2 Engine Testing Equipment
5.2.3 Body Testing Equipment
5.2.4 Others
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 Commercial Aviation
6.2.2 General Aviation
6.2.3 Military Aviation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aviation Testing Equipment 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 Aviation Testing Equipment 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 Electrical and Electronic System Test Equipment
9.6.2 Engine Testing Equipment
9.6.3 Body Testing Equipment
9.6.4 Others
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 Commercial Aviation
9.10.2 General Aviation
9.10.3 Military Aviation
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 Electrical and Electronic System Test Equipment
10.6.2 Engine Testing Equipment
10.6.3 Body Testing Equipment
10.6.4 Others
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 Commercial Aviation
10.10.2 General Aviation
10.10.3 Military Aviation
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 Electrical and Electronic System Test Equipment
11.6.2 Engine Testing Equipment
11.6.3 Body Testing Equipment
11.6.4 Others
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 Commercial Aviation
11.10.2 General Aviation
11.10.3 Military Aviation
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 Electrical and Electronic System Test Equipment
12.6.2 Engine Testing Equipment
12.6.3 Body Testing Equipment
12.6.4 Others
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 Commercial Aviation
12.10.2 General Aviation
12.10.3 Military Aviation
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 Electrical and Electronic System Test Equipment
13.6.2 Engine Testing Equipment
13.6.3 Body Testing Equipment
13.6.4 Others
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 Commercial Aviation
13.10.2 General Aviation
13.10.3 Military Aviation
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 Aviation Testing Equipment Market: Competitive Dashboard
14.2 Global Aviation Testing Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lockheed Martin
14.3.2 Keysight Technologies
14.3.3 BAE Systems
14.3.4 GE
14.3.5 Safran
14.3.6 Honeywell
14.3.7 Teradyne
14.3.8 National Instruments
14.3.9 Moog
14.3.10 SPHEREA
