PUBLISHER: Lucintel | PRODUCT CODE: 1154048
PUBLISHER: Lucintel | PRODUCT CODE: 1154048
Aerospace Testing Market Trends and Forecast
The future of the global aerospace testing market looks promising with opportunities in the commercial/regional aircraft, business jets, helicopters, and military aircraft. The global aerospace testing market is expected to reach an estimated $5.8 billion by 2027 with a CAGR of 4.6% from 2021 to 2027. The major growth drivers for this market are increasing aircraft deliveries, adoption of new materials in aircraft, and stringent aviation regulations & certification standards for the aircraft safety.
Emerging Trends in the Aerospace Testing Market
Emerging trends, which have a direct impact on the dynamics of the industry, include new advanced technologies for testing aircraft, such as introduction of thin film ultrasonic sensor, sweeper scanner for ultrasonic testing and introduction of advanced NDT inspection device.
A total of 79 figures / charts and 60 tables are provided in this 152-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of aerospace testing market report download the report brochure.
Aerospace Testing Market by Segments
In this market, commercial aircraft is the largest aircraft type market, whereas non destructive testing is the largest method type segment. The study includes a forecast for the global aerospace testing market by aircraft type, sourcing type, testing method type, component, and region as follows:
Aerospace Testing Market by Method Type [$B Shipment analysis from 2016 to 2027]
Ultrasonic Testing
Fluorescent Testing
Eddy current Testing
Visual Testing
Magnetic particle Testing
Radiographic Testing
Acoustic Testing
Macro etching Testing
Others.
Dynamic Testing
Static Testing
Others
Aerospace Testing Market by Aircraft Type [$B Shipment analysis from 2016 to 2027]
Aerospace Testing Market by Sourcing Type [$B Shipment analysis from 2016 to 2027]
Aerospace Testing Market by Component Type [$B Shipment analysis from 2016 to 2027]
Aerospace Testing Market by Region [$B Shipment analysis from 2016 to 2027]
List of Aerospace 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 aerospace testing companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aerospace testing companies profiled in this report includes.
Aerospace Testing Market Insights
Features of the Aerospace Testing Market
FAQ
Q1. What is the aerospace testing market size?
Answer: The global aerospace testing market is expected to reach an estimated $5.8 billion by 2027.
Q2. What is the growth forecast for aerospace testing market?
Answer: The aerospace testing market is expected to grow at a CAGR of 4.6% from 2021 to 2027
Q3. What are the major drivers influencing the growth of the aerospace testing market?
Answer: The major drivers for this market are increasing deliveries of aircraft, adoption of new materials in aircraft, and stringent aviation regulations & certification standards for the aircraft safety
Q4. What are the major type or end use industries for aerospace testing?
Answer: Commercial/regional aircraft is the major segment by aircraft type for aerospace testing.
Q5. What are the emerging trends in aerospace testing market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include new advanced technologies for testing aircraft, such as introduction of thin film ultrasonic sensor, sweeper scanner for ultrasonic testing and introduction of advanced NDT inspection device
Q6. Who are the key aerospace testing companies?
Answer: Some of the key aerospace testing companies are as follows:
Q7. Which aerospace testing application segment will be the largest in future?
Answer: Lucintel forecasts that in-house testing is expected to remain the largest segment by sourcing type, as it reduces cost and time for testing.
Q8. In aerospace testing market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to remain the largest region and witness the highest growth over the forecast period due to increase in aircraft deliveries in this region.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.