PUBLISHER: IMARC | PRODUCT CODE: 1451211
PUBLISHER: IMARC | PRODUCT CODE: 1451211
Aviation Test Equipment Market Report by Type (Electrical, Hydraulic, Pneumatic, and Others), End-Use Sector (Commercial Sector, Defense/Military Sector, and Others), and Region 2024-2032
The global aviation test equipment market size reached US$ 7.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 10.4 Billion by 2032, exhibiting a growth rate (CAGR) of 3.6% during 2024-2032.
Aviation test equipment refers to various instruments that are used for the maintenance of electrical power and hydraulic systems in an aircraft. They are primarily used for calibration, inspection, evaluation and testing of various aircraft devices. These equipments aim to inspect and resolve electrical and mechanical issues, conduct performance checks, and repair the brakes and other components of the aircraft. Vacuum and pressure instrument chambers, manual turn and tilt tables, single axis rate tables and tachometer testers are some of the common aviation test equipment.
The flourishing aerospace and defense industries are the key factors driving the market growth. Aviation test equipment is used to manage tests and monitor and report results. They also aid in the construction, improvement and integration of several weapon systems, which contributes to their extensive demand in the defense sector. The increasing trend of software-adaptable solutions coupled with their ability of testing multiple weapons is also augmenting the market growth. Enhanced focus on research and development (R&D) to develop more advanced product variants is further driving the industry growth. Moreover, the changing trends in the aviation sector, which often fuse the innovations with traditional systems is expected to create a positive outlook for the market. Other factors contributing to the market growth include increasing defense budget and the rise in expenditure on the aviation industry by governments of several nations across the globe.
The flourishing aerospace and defense industries are the key factors driving the market growth. Aviation test equipment is used to manage tests and monitor and report results. They also aid in the construction, improvement and integration of several weapon systems, which contributes to their extensive demand in the defense sector. The increasing trend of software-adaptable solutions coupled with their ability of testing multiple weapons is also augmenting the market growth. Enhanced focus on research and development (R&D) to develop more advanced product variants is further driving the industry growth. Moreover, the changing trends in the aviation sector, which often fuse the innovations with traditional systems is expected to create a positive outlook for the market. Other factors contributing to the market growth include increasing defense budget and the rise in expenditure on the aviation industry by governments of several nations across the globe.
IMARC Group's latest report provides a deep insight into the global aviation test equipment market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the aviation test equipment market in any manner.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global aviation test equipment market report, along with forecasts at the global and regional level from 2024-2032. Our report has categorized the market based on type and end-use sector.
Breakup by Type:
Electrical
Hydraulic
Pneumatic
Others
Breakup by End-Use Sector:
Commercial Sector
Defense/Military Sector
Others
Breakup by Region:
North America
Asia Pacific
Europe
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analyzed the competitive landscape of the market with some of the key players being Honeywell International Inc., Boeing, General Electric Co., 3M, Airbus, Rockwell Collins, Moog Inc., Teradyne Inc., SPHEREA Test & Services, Rolls Royce Holdings Plc, etc.
Key Questions Answered in This Report
- 1. What was the size of the global aviation test equipment market in 2023?
- 2. What is the expected growth rate of the global aviation test equipment market during 2024-2032?
- 3. What are the key factors driving the global aviation test equipment market?
- 4. What has been the impact of COVID-19 on the global aviation test equipment market?
- 5. What is the breakup of the global aviation test equipment market based on the type?
- 6. What is the breakup of the global aviation test equipment market based on the end-use sector?
- 7. What are the key regions in the global aviation test equipment market?
- 8. Who are the key players/companies in the global aviation test equipment market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Aviation Test Equipment Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Breakup by Type
- 5.5 Market Breakup by End-Use Sector
- 5.6 Market Breakup by Region
- 5.7 Market Forecast
6 Market Breakup by Type
- 6.1 Electrical
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Hydraulic
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Pneumatic
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Others
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by End-Use Sector
- 7.1 Commercial Sector
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Defense/Military Sector
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Others
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Asia Pacific
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Europe
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Middle East and Africa
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Latin America
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Competitive Landscape
- 12.1 Market Structure
- 12.2 Key Players
- 12.3 Profiles of Key Players
- 12.3.1 Honeywell International Inc.
- 12.3.2 Boeing
- 12.3.3 General Electric Co.
- 12.3.4 3M
- 12.3.5 Airbus
- 12.3.6 Rockwell Collins
- 12.3.7 Moog Inc.
- 12.3.8 Teradyne Inc.
- 12.3.9 SPHEREA Test & Services
- 12.3.10 Rolls Royce Holdings Plc
List of Figures
- Figure 1: Global: Aviation Test Equipment Market: Major Drivers and Challenges
- Figure 2: Global: Aviation Test Equipment Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Aviation Test Equipment Market: Breakup by Type (in %), 2023
- Figure 4: Global: Aviation Test Equipment Market: Breakup by End-Use Sector (in %), 2023
- Figure 5: Global: Aviation Test Equipment Market: Breakup by Region (in %), 2023
- Figure 6: Global: Aviation Test Equipment Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 7: Global: Aviation Test Equipment Industry: SWOT Analysis
- Figure 8: Global: Aviation Test Equipment Industry: Value Chain Analysis
- Figure 9: Global: Aviation Test Equipment Industry: Porter's Five Forces Analysis
- Figure 10: Global: Aviation Test Equipment (Electrical) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Aviation Test Equipment (Electrical) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Aviation Test Equipment (Hydraulic) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Aviation Test Equipment (Hydraulic) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Aviation Test Equipment (Pneumatic) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Aviation Test Equipment (Pneumatic) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Aviation Test Equipment (Other Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Aviation Test Equipment (Other Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Aviation Test Equipment (Commercial Sector) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Aviation Test Equipment (Commercial Sector) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Aviation Test Equipment (Defense/Military Sector) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Aviation Test Equipment (Defense/Military Sector) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Aviation Test Equipment (Other End-Use Sectors) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Aviation Test Equipment (Other End-Use Sectors) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: North America: Aviation Test Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: North America: Aviation Test Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Asia Pacific: Aviation Test Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Asia Pacific: Aviation Test Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: Europe: Aviation Test Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: Europe: Aviation Test Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: Middle East and Africa: Aviation Test Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: Middle East and Africa: Aviation Test Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: Latin America: Aviation Test Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: Latin America: Aviation Test Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
List of Tables
- Table 1: Global: Aviation Test Equipment Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Aviation Test Equipment Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: Aviation Test Equipment Market Forecast: Breakup by End-Use Sector (in Million US$), 2024-2032
- Table 4: Global: Aviation Test Equipment Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 5: Global: Aviation Test Equipment Market Structure
- Table 6: Global: Aviation Test Equipment Market: Key Players
