Global Aviation Test Equipment Market
Posted: Mar 01, 2019
Global Aviation Test Equipment Market was valued US$ 6.22 Bn in 2017 and is estimated to reach US$ 8.12 Bn by 2026 at a CAGR of 3.39%.
Aviation Test Equipment Market is segmented by product, application, and geography. The product is classified by Electrical, Hydraulic, Pneumatic, and Power. An application is split into Military & Commercial. Geography-wise divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
The key dynamics driving the market of aviation test equipment are increasing the unmanned aerial vehicles testers in the battlefield and in the national airspace, rising adaptability of software solutions, elasticity in the test equipment for various multiple weapons platform, the testing of greater abilities technologies having digital RF and DIRCM, and growing practice in configurable and accessible testers among others. Features that are limiting the growth of the market are sustainment of the several legacy platforms and a very small life span of avionics module. Opportunities for the market are the updates in the legacy equipment market, advanced and new standards and artificial instrumentation, and the forthcoming in the airborne competence environment association.
Based on the application, the commercial aviation test equipment segment is presumed to dominate the market owing to the increase in the number of orders and deliveries of commercial aircraft.
In terms of region, North America and Europe are the leading markets of aviation test equipment. The Asia Pacific is anticipated to witness the fastest growth over the upcoming years. The Middle East and Latin American markets for aviation test equipment are growing owing to the need for enhanced capabilities for repair, maintenance, and overhaul services.
Key players operating on the market are, Avtron Aerospace, Inc., Airbus SAS, DAC International, Inc., DMA-Aero, International Aero Engineering LLC, The Boeing Company, Rockwell Collins, Inc., Testek, Inc., Tesscorn Systems India Pvt. Ltd., 3m Company, Moog, Inc., Rolls Royce Holdings Plc, and Teradyne, Inc., among others.
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The scope of the Global Aviation Test Equipment market is
Global Aviation Test Equipment Market, by Product
Global Aviation Test Equipment Market, by Application
Global Aviation Test Equipment Market, by Geography
- North America
- Middle East & Africa
- Latin America
Key Players in Global Aviation Test Equipment Market are
- Avtron Aerospace, Inc.
- Airbus SAS
- DAC International, Inc.
- International Aero Engineering LLC
- Honeywell International, Inc.
- The Boeing Company
- Rockwell Collins, Inc.
- Testek, Inc.
- Tesscorn Systems India Pvt. Ltd.
- General Electric Co.
- 3m Company
- Moog, Inc.
- Rolls Royce Holdings Plc
- Teradyne, Inc.
- Ideal Aerosmith Inc.
- Lockheed Martin Corporation
- The Boeing Company
- SPHEREA Test & services
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