The global aviation test equipment market is expected to grow at a CAGR of around 4% during 2019-2024. 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.
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.
Report Coverage:
- Historical, Current and Future Market Trends
- Market Breakup by Type:
- Electrical
- Hydraulic
- Pneumatic
- Others
- Market Breakup by End-Use Sector:
- Commercial Sector
- Defense/Military Sector
- Others
- Market 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:
- How has the global aviation test equipment market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global aviation test equipment industry?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the end-use sector?
- What are the various stages in the value chain of the global aviation test equipment industry?
- What are the key driving factors and challenges in the global aviation test equipment industry?
- What is the structure of the global aviation test equipment industry and who are the key players?
- What is the degree of competition in the global aviation test equipment industry?
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 Market Breakup by Type
5.4 Market Breakup by End-Use Sector
5.5 Market Breakup by Region
5.6 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$), 2013-2018
Figure 3: Global: Aviation Test Equipment Market: Breakup by Type (in %), 2018
Figure 4: Global: Aviation Test Equipment Market: Breakup by End-Use Sector (in %), 2018
Figure 5: Global: Aviation Test Equipment Market: Breakup by Region (in %), 2018
Figure 6: Global: Aviation Test Equipment Market Forecast: Sales Value (in Billion US$), 2019-2024
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$), 2013 & 2018
Figure 11: Global: Aviation Test Equipment (Electrical) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 12: Global: Aviation Test Equipment (Hydraulic) Market: Sales Value (in Million US$), 2013 & 2018
Figure 13: Global: Aviation Test Equipment (Hydraulic) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 14: Global: Aviation Test Equipment (Pneumatic) Market: Sales Value (in Million US$), 2013 & 2018
Figure 15: Global: Aviation Test Equipment (Pneumatic) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 16: Global: Aviation Test Equipment (Other Types) Market: Sales Value (in Million US$), 2013 & 2018
Figure 17: Global: Aviation Test Equipment (Other Types) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 18: Global: Aviation Test Equipment (Commercial Sector) Market: Sales Value (in Million US$), 2013 & 2018
Figure 19: Global: Aviation Test Equipment (Commercial Sector) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 20: Global: Aviation Test Equipment (Defense/Military Sector) Market: Sales Value (in Million US$), 2013 & 2018
Figure 21: Global: Aviation Test Equipment (Defense/Military Sector) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 22: Global: Aviation Test Equipment (Other End-Use Sectors) Market: Sales Value (in Million US$), 2013 & 2018
Figure 23: Global: Aviation Test Equipment (Other End-Use Sectors) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 24: North America: Aviation Test Equipment Market: Sales Value (in Million US$), 2013 & 2018
Figure 25: North America: Aviation Test Equipment Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 26: Asia Pacific: Aviation Test Equipment Market: Sales Value (in Million US$), 2013 & 2018
Figure 27: Asia Pacific: Aviation Test Equipment Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 28: Europe: Aviation Test Equipment Market: Sales Value (in Million US$), 2013 & 2018
Figure 29: Europe: Aviation Test Equipment Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 30: Middle East and Africa: Aviation Test Equipment Market: Sales Value (in Million US$), 2013 & 2018
Figure 31: Middle East and Africa: Aviation Test Equipment Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 32: Latin America: Aviation Test Equipment Market: Sales Value (in Million US$), 2013 & 2018
Figure 33: Latin America: Aviation Test Equipment Market Forecast: Sales Value (in Million US$), 2019-2024
List of Tables
Table 1: Global: Aviation Test Equipment Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Aviation Test Equipment Market Forecast: Breakup by Type (in Million US$), 2019-2024
Table 3: Global: Aviation Test Equipment Market Forecast: Breakup by End-Use Sector (in Million US$), 2019-2024
Table 4: Global: Aviation Test Equipment Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 5: Global: Aviation Test Equipment Market Structure
Table 6: Global: Aviation Test Equipment Market: Key Players