PUBLISHER: Lucintel | PRODUCT CODE: 1153890
PUBLISHER: Lucintel | PRODUCT CODE: 1153890
Composites Testing Market Trends and Forecast
The future of the composites testing market looks promising with opportunities in the aerospace & defense, automotive, and wind energy end use market. The global composites testing market is expected to reach an estimated $1.5 billion by 2027 with a CAGR of 7.0% from 2021 to 2027. The major drivers for this market are increasing aircraft deliveries, development of new composite applications in various industries, and stringent regulations & certification standards for the safety.
Emerging Trends in the Composites Testing Market
Emerging trends, which have a direct impact on the dynamics of the industry, includes gaining popularity of shearography testing in aerospace, and wind energy end use industry
A total of 83 figures / charts and 59 tables are provided in this 135-page report to help in your business decisions. Learn the scope of benefits, companies researched, and other details of the composites testing market report.
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Composites Testing Market by Segment
Composites Testing Market by Source Type [Value ($B) and Volume (M lbs.) shipment analysis for 2016 - 2027]:
Composites Testing Market by End Use [Value ($B) and Volume (M lbs.) shipment analysis for 2016 - 2027]:
Composites Testing Market by Type [Value ($B) and Volume (M lbs.) shipment analysis for 2016 - 2027]:
Ultrasonic
Thermography
Radiography
Shearography
Others
Tensile
Fatigue
Impact
Flexure
Compression
Others
Composites Testing Market by Product [Value ($B) and Volume (M lbs.) shipment analysis for 2016 - 2027]:
Composites Testing Market by Region [Value ($B) shipment analysis for 2016 - 2027]:
List of Composites Testing Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies composites testing companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the composites testing companies profiled in this report include.
Composites Testing Market Insight
Features of Composites Testing Market
FAQ
Q1. What is the composites testing market size?
Answer: The global composites testing market is expected to reach an estimated $1.5 billion by 2027.
Q2. What is the growth forecast for composites testing market?
Answer: The composites testing market is expected to grow at a CAGR of 7.0% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the composites testing market?
Answer: The major drivers for this market are increasing aircraft deliveries, development of new composite applications in various industries, and stringent regulations & certification standards for the safety.
Q4. What are the major applications or end use industries for composites testing?
Answer: Aerospace & defense, automotive, and wind energy are the major end use industries for composites testing.
Q5. What are the emerging trends in composites testing market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, includes gaining popularity of shearography testing in aerospace, and wind energy end use industry.
Q6. Who are the key composites testing companies?
Answer: Some of the key composites testing companies are as follows:
Q7. Which composites testing product segment will be the largest in future?
Answer: Lucintel forecasts that non-destructive testing will remain the largest segment and it is also expected to witness the highest growth during the forecast period due to increasing demand for ultrasonic testing in the aerospace and defense, wind energy and automotive industry.
Q8 : In composites testing market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to remain the largest region and witness the highest growth over next 5 years
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.