Report Detail
Aviation Test Equipment Market to 2027 - Global Analysis and Forecasts by Product Type (Electrical Test Equipment, Hydraulic Test Equipment, Engine Test Equipment, Pneumatic Test Equipment); Aircraft Type (Manned, Unmanned); End User (Commercial, Military)
- RnM3728083 |
- 10 September, 2019 |
- Global |
- 177 Pages |
- The Insight Partners |
- Aerospace & Defense
The global aviation test equipment market accounted for US$ 5.38 Bn in 2018 and is expected to grow at a CAGR of 4.1% over the forecast period 2019-2027, to account for US$ 7.69 Bn by 2027. The operational tempo of the global commercial aviation sector continues to soar in recent years. The global aviation test equipment market is led by North America region due to rising aircraft manufacturers and component manufacturers.
The global aviation sector is witnessing a huge demand for modern aircraft in the both commercial and military sector. Attributing to the fact that the disposable income in the developing countries is increasing substantially, the need for air travel is also increasing at the same pace. On a global scenario, commercial air traffic is foreseen to maintain constant growth over the period, despite various challenges faced by commercial airlines. However, the challenges are succeeded by the rise in passenger numbers across the globe. The low-cost carriers (LCC) in the developed economies as well as developing economies are turning the revolution by offering low fare business models which are increasing the demand for air travel among the upper-middle class and middle-class society of developing nations.
The aircraft industry builds aircraft and manufactures aircraft parts, in turn, supports aviation in their maintenance. Boeing, Airbus, Bombardier, Embraer, Beech Aircraft Corporation, and Cessna Aircraft Company are few of the major companies in aircraft manufacturing. For instance, in 2018, Airbus has exceeded its aircraft manufacturing and delivery targets by supplying 800 aircraft to various customers across the globe as compared to 718 commercial aircraft in 2017. Further, the company expects to deliver 880 to 890 aircraft in 2019. Moreover, Boeing, the US-based aircraft manufacturer, also delivered over 800 commercial aircraft and anticipates to deliver around 895 to 905 commercial aircraft deliveries in 2019. The growth in production of the number of aircraft is attributed to the replacement of aging aircraft, specifically in North America. Most of the replacement of the aging fleet of commercial aircraft is due to the revenue requirements of the operating airlines and operating efficiency. Moreover, new regulations, airspace modernizations, and emerging environmental concerns have also contributed to the retirement of older jets. Such factors are anticipated to bolster the demand for aviation test equipment market.
The global aviation test equipment market is segmented based on product type, aircraft type, and end-user. Based on the product type, the aviation test equipment market is segmented into electrical test equipment, hydraulic test equipment, power test equipment, and pneumatic test equipment. Based on aircraft type, the aviation test equipment market is bifurcated into the manned and unmanned. Based on end-user, the aviation test equipment market is bifurcated into commercial and military. Geographically, the aviation test equipment market is fragmented into five regions, including North America, Europe, Asia-Pacific, Middle East & Africa, and South America.
The well–established market players operating in the aviation test equipment market are Avtron Aerospace, Inc., BAE Systems, Bauer Inc., ECA Group, Hydraulics International Inc., Lockheed Martin Corporation, Astronics Corporation, Teradyne Inc., Testek Inc., and TEST-FUCHS GmbH.
The overall global aviation test equipment market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the global aviation test equipment market. It also provides an overview and forecast for the aviation test equipment market based on all the segmentation provided for the global region. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the aviation test equipment industry.
TABLE OF CONTENTS
1. Introduction
- 1.1 Scope of the Study
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
4. Aviation Test Equipment Market Landscape
- 4.1 Market Overview
- 4.2 Ecosystem Analysis
- 4.3 Porter’s Five Forces Analysis
- 4.3.1 Bargaining Power of Buyers:
- 4.3.1.1 Aerospace Manufacturing Sector is Consistently Growing
- 4.3.2 Bargaining Power of Suppliers:
- 4.3.2.1 Supplier Concentration is Moderately Growing
- 4.3.3 Threats to Substitutes:
- 4.3.3.1 No Substitutes in the Present Scenario
- 4.3.4 Threats of New Entrants:
- 4.3.4.1 Low CAPEX Facilitates New Players to Enter the Market
- 4.3.5 Competitive Rivalry:
- 4.3.5.1 Several Smaller Players along with Aerospace Industry Recognized Players Operate in the Market
5. Aviation Test Equipment Market - Key Industry Dynamics
- 5.1 Key Market Drivers
- 5.1.1 Significant Rise in Demand for Aircraft Deliveries Resulting in Increased Commercial Aircraft Production
- 5.1.2 High Adoption of Unmanned Aircraft by Military
- 5.2 Key Market Restraints
- 5.2.1 Cost and Complexity of Aviation Test Equipment
- 5.3 Key Market Opportunities
- 5.3.1 High Air Passenger Growth in Developing Economies
- 5.4 Future Trends
- 5.4.1 Disruptive Approaches to Aviation Test Equipment
- 5.5 Impact Analysis of Drivers and Restraints
6. Aviation Test Equipment Market - Global Market Analysis
- 6.1 Global Aviation Test Equipment Market Overview
- 6.2 Global Aviation Test Equipment Market Forecast and Analysis
- 6.3 Market Positioning - 2018
7. Aviation Test Equipment Market Revenue And Forecasts To 2027 - Product Type
- 7.1 Overview
- 7.2 Global Aviation Test Equipment Market Breakdown, By Product Type, 2018 & 2027
- 7.3 Electrical Test Equipment
- 7.3.1 Overview
- 7.3.2 Electrical Test Equipment Market Forecasts and Analysis
- 7.4 Hydraulic Test Equipment
- 7.4.1 Overview
- 7.4.2 Hydraulic Test Equipment Market Forecasts and Analysis
- 7.5 Engine Test Equipment
- 7.5.1 Overview
- 7.5.2 Engine Test Equipment Market Forecasts and Analysis
- 7.6 Pneumatic Test Equipment
- 7.6.1 Overview
- 7.6.2 Pneumatic Test Equipment Market Forecasts and Analysis
8. Aviation Test Equipment Market Revenue And Forecasts To 2027 -Aircraft Type
- 8.1 Overview
- 8.2 Global Aviation Test Equipment Market Breakdown, By Aircraft Type, 2018 & 2027
- 8.3 Manned Aircraft
- 8.3.1 Overview
- 8.3.2 Manned Aircraft Market Forecasts and Analysis
- 8.4 Unmanned Aircraft
- 8.4.1 Overview
- 8.4.2 Unmanned Aircraft Market Forecasts and Analysis
9. Aviation Test Equipment Market Revenue And Forecasts To 2027 -End-user
- 9.1 Overview
- 9.2 Global Aviation Test Equipment Market Breakdown, By End-user, 2018 & 2027
- 9.3 Commercial
- 9.3.1 Overview
- 9.3.2 Commercial Market Forecasts and Analysis
- 9.4 Military
- 9.4.1 Overview
- 9.4.2 Military Market Forecasts and Analysis
10. Aviation Test Equipment Market - Geographical Analysis
- 10.1 Overview
- 10.2 North America Aviation Test Equipment Market Revenue and Forecasts to 2027
- 10.2.1 North America Aviation Test Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.2.2 North America Aviation Test Equipment Market Breakdown by Product Type
- 10.2.3 North America Aviation Test Equipment Market Breakdown by Aircraft Type
- 10.2.4 North America Aviation Test Equipment Market Breakdown by End User
- 10.2.5 North America Aviation Test Equipment Market Breakdown, by Key Countries
- 10.2.5.1 U.S. Aviation Test Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.2.5.2 U.S. Aviation Test Equipment Market Breakdown by Product Type
- 10.2.5.3 U.S. Aviation Test Equipment Market Breakdown by Aircraft Type
- 10.2.5.4 U.S. Aviation Test Equipment Market Breakdown by End User
- 10.2.5.5 Canada Aviation Test Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.2.5.6 Canada Aviation Test Equipment Market Breakdown by Product Type
- 10.2.5.7 Canada Aviation Test Equipment Market Breakdown by Aircraft Type
- 10.2.5.8 Canada Aviation Test Equipment Market Breakdown by End User
- 10.2.5.9 Mexico Aviation Test Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.2.5.10 Mexico Aviation Test Equipment Market Breakdown by Product Type
- 10.2.5.11 Mexico Aviation Test Equipment Market Breakdown by Aircraft Type
- 10.2.5.12 Mexico Aviation Test Equipment Market Breakdown by End User
- 10.3 Europe Aviation Test Equipment Market Revenue and Forecasts to 2027
- 10.3.1 Europe Aviation Test Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.3.2 Europe Aviation Test Equipment Market Breakdown by Product Type
- 10.3.3 Europe Aviation Test Equipment Market Breakdown by Aircraft Type
- 10.3.4 Europe Aviation Test Equipment Market Breakdown by End User
- 10.3.5 Europe Aviation Test Equipment Market Breakdown, by Key Countries
- 10.3.5.1 France Aviation Test Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.3.5.2 France Aviation Test Equipment Market Breakdown by Product Type
- 10.3.5.3 France Aviation Test Equipment Market Breakdown by Aircraft Type
- 10.3.5.4 France Aviation Test Equipment Market Breakdown by End User
- 10.3.5.5 Germany Aviation Test Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.3.5.6 Germany Aviation Test Equipment Market Breakdown by Product Type
- 10.3.5.7 Germany Aviation Test Equipment Market Breakdown by Aircraft Type
- 10.3.5.8 Germany Aviation Test Equipment Market Breakdown by End User
- 10.3.5.9 UK Aviation Test Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.3.5.10 UK Aviation Test Equipment Market Breakdown by Product Type
- 10.3.5.11 UK Aviation Test Equipment Market Breakdown by Aircraft Type
- 10.3.5.12 UK Aviation Test Equipment Market Breakdown by End User
- 10.3.5.13 Russia Aviation Test Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.3.5.14 Russia Aviation Test Equipment Market Breakdown by Product Type
- 10.3.5.15 Russia Aviation Test Equipment Market Breakdown by Aircraft Type
- 10.3.5.16 Russia Aviation Test Equipment Market Breakdown by End User
- 10.3.5.17 Rest of Europe Aviation Test Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.3.5.18 Rest of Europe Aviation Test Equipment Market Breakdown by Product Type
- 10.3.5.19 Rest of Europe Aviation Test Equipment Market Breakdown by Aircraft Type
- 10.3.5.20 Rest of Europe Aviation Test Equipment Market Breakdown by End User
- 10.4 Asia Pacific Aviation Test Equipment Market Revenue and Forecasts to 2027
- 10.4.1 Asia Pacific Aviation Test Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.4.2 Asia Pacific Aviation Test Equipment Market Breakdown by Product Type
- 10.4.4 Asia Pacific Aviation Test Equipment Market Breakdown by End User
- 10.4.5 Asia Pacific Aviation Test Equipment Market Breakdown, by Key Countries
- 10.4.5.1 China Aviation Test Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.4.5.2 China Aviation Test Equipment Market Breakdown by Product Type
- 10.4.5.3 China Aviation Test Equipment Market Breakdown by Aircraft Type
- 10.4.5.4 China Aviation Test Equipment Market Breakdown by End User
- 10.4.5.5 India Aviation Test Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.4.5.6 India Aviation Test Equipment Market Breakdown by Product Type
- 10.4.5.7 India Aviation Test Equipment Market Breakdown by Aircraft Type
- 10.4.5.8 India Aviation Test Equipment Market Breakdown by End User
- 10.4.5.9 Japan Aviation Test Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.4.5.10 Japan Aviation Test Equipment Market Breakdown by Product Type
- 10.4.5.11 Japan Aviation Test Equipment Market Breakdown by Aircraft Type
- 10.4.5.12 Japan Aviation Test Equipment Market Breakdown by End User
- 10.4.5.13 Australia Aviation Test Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.4.5.14 Australia Aviation Test Equipment Market Breakdown by Product Type
- 10.4.5.15 Australia Aviation Test Equipment Market Breakdown by Aircraft Type
- 10.4.5.16 Australia Aviation Test Equipment Market Breakdown by End User
- 10.4.5.17 Rest of Asia Pacific Aviation Test Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.4.5.18 Rest of Asia Pacific Aviation Test Equipment Market Breakdown by Product Type
- 10.4.5.19 Rest of Asia Pacific Aviation Test Equipment Market Breakdown by Aircraft Type
- 10.4.5.20 Rest of Asia Pacific Aviation Test Equipment Market Breakdown by End User
- 10.5 Middle East & Africa Aviation Test Equipment Market Revenue and Forecasts To 2027
- 10.5.1 Middle East & Africa Aviation Test Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.5.2 Middle East & Africa Aviation Test Equipment Market Breakdown by Product Type
- 10.5.3 Middle East & Africa Aviation Test Equipment Market Breakdown by Aircraft type
- 10.5.4 Middle East & Africa Aviation Test Equipment Market Breakdown by End user
- 10.5.5 Middle East & Africa Aviation Test Equipment Market Breakdown, by Key Countries
- 10.5.5.1 UAE Aviation Test Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.5.5.2 UAE Aviation Test Equipment Market Breakdown by Product Type
- 10.5.5.3 UAE Aviation Test Equipment Market Breakdown by Aircraft type
- 10.5.5.4 UAE Aviation Test Equipment Market Breakdown by End user
- 10.5.5.5 Saudi Arabia Aviation Test Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.5.5.6 Saudi Arabia Aviation Test Equipment Market Breakdown by Product Type
- 10.5.5.7 Saudi Arabia Aviation Test Equipment Market Breakdown by Aircraft type
- 10.5.5.8 Saudi Arabia Aviation Test Equipment Market Breakdown by End user
- 10.5.5.9 South Africa Aviation Test Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.5.5.10 South Africa Aviation Test Equipment Market Breakdown by Product Type
- 10.5.5.11 South Africa Aviation Test Equipment Market Breakdown by Aircraft type
- 10.5.5.12 South Africa Aviation Test Equipment Market Breakdown End user
- 10.5.5.13 Rest of MEA Aviation Test Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.5.5.14 Rest of MEA Aviation Test Equipment Market Breakdown by Product Type
- 10.5.5.15 Rest of MEA Aviation Test Equipment Market Breakdown by Aircraft type
- 10.5.5.16 Rest of MEA Aviation Test Equipment Market Breakdown by End user
- 10.6 South America Aviation Test Equipment Market Revenue and Forecasts To 2027
- 10.6.1 South America Aviation Test Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.6.2 South America Aviation Test Equipment Market Breakdown by Product Type
- 10.6.3 South America Aviation Test Equipment Market Breakdown by Aircraft type
- 10.6.4 South America Aviation Test Equipment Market Breakdown by End-user
- 10.6.5 South America Aviation Test Equipment Market Breakdown, by Key Countries
- 10.6.5.1 Brazil Aviation Test Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.6.5.2 Brazil Aviation Test Equipment Market Breakdown by Product Type
- 10.6.5.3 Brazil Aviation Test Equipment Market Breakdown by Aircraft type
- 10.6.5.4 Brazil Aviation Test Equipment Market Breakdown by End user
- 10.6.5.5 Rest of SAM Aviation Test Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- 10.6.5.6 Rest of SAM Aviation Test Equipment Market Breakdown by Product Type
- 10.6.5.7 Rest of SAM Aviation Test Equipment Market Breakdown by Aircraft type
- 10.6.5.8 Rest of SAM Aviation Test Equipment Market Breakdown by End user
11. Industry Landscape
- 11.1 Market Initiatives
- 11.2 Mergers and Acquisitions
- 11.3 New Developments
12. Aviation Test Equipment Market- Company Profile
- 12.1 Astronics Corporation
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 Avtron Aerospace, Inc.
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Product & Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 BAE Systems Plc
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 Bauer, Inc.
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Product & Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 ECA Group
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Product & Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 Hydraulics International, Inc.
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Product & Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 Lockheed Martin Corporation
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 Teradyne Inc.
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
- 12.9 Testek Inc.
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
- 12.10 TEST-FUCHS GmbH
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
13. Appendix
- 13.1 About The Insight Partners
- 4.3.1 Bargaining Power of Buyers:
Summary:
Get latest Market Research Reports on Aviation Test Equipment. Industry analysis & Market Report on Aviation Test Equipment is a syndicated market report, published as Aviation Test Equipment Market to 2027 - Global Analysis and Forecasts by Product Type (Electrical Test Equipment, Hydraulic Test Equipment, Engine Test Equipment, Pneumatic Test Equipment); Aircraft Type (Manned, Unmanned); End User (Commercial, Military). It is complete Research Study and Industry Analysis of Aviation Test Equipment market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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