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Aviation Test Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview 2022-2027:

The global aviation test equipment market size reached US$ 7.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 8.9 Billion by 2027, exhibiting a growth rate (CAGR) of 4.5% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

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.

 

 
 

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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 2022-2027. Our report has categorized the market based on type and end-use sector.

Breakup by Type:

 

 
 

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  • Electrical 
  • Hydraulic
  • Pneumatic
  • Others
     

Breakup by End-Use Sector:

  • Commercial Sector
  • Defense/Military Sector
  • Others
     

Breakup by Region:

 

 
 

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  • 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, End-Use Sector, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Honeywell International Inc., Boeing, General Electric Co., 3M, Airbus, Rockwell Collins, Moog Inc., Teradyne Inc., SPHEREA Test & Services and Rolls Royce Holdings Plc
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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$), 2016-2021
Figure 3: Global: Aviation Test Equipment Market: Breakup by Type (in %), 2021
Figure 4: Global: Aviation Test Equipment Market: Breakup by End-Use Sector (in %), 2021
Figure 5: Global: Aviation Test Equipment Market: Breakup by Region (in %), 2021
Figure 6: Global: Aviation Test Equipment Market Forecast: Sales Value (in Billion US$), 2022-2027
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$), 2016 & 2021
Figure 11: Global: Aviation Test Equipment (Electrical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Aviation Test Equipment (Hydraulic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Aviation Test Equipment (Hydraulic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Aviation Test Equipment (Pneumatic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Aviation Test Equipment (Pneumatic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Aviation Test Equipment (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Aviation Test Equipment (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Aviation Test Equipment (Commercial Sector) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Aviation Test Equipment (Commercial Sector) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Aviation Test Equipment (Defense/Military Sector) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Aviation Test Equipment (Defense/Military Sector) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Aviation Test Equipment (Other End-Use Sectors) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Aviation Test Equipment (Other End-Use Sectors) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: North America: Aviation Test Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: North America: Aviation Test Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Asia Pacific: Aviation Test Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Asia Pacific: Aviation Test Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Europe: Aviation Test Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Europe: Aviation Test Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Middle East and Africa: Aviation Test Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Middle East and Africa: Aviation Test Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Latin America: Aviation Test Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Latin America: Aviation Test Equipment Market Forecast: Sales Value (in Million US$), 2022-2027

List of Tables

Table 1: Global: Aviation Test Equipment Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Aviation Test Equipment Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Aviation Test Equipment Market Forecast: Breakup by End-Use Sector (in Million US$), 2022-2027
Table 4: Global: Aviation Test Equipment Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Aviation Test Equipment Market Structure
Table 6: Global: Aviation Test Equipment Market: Key Players


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Key Questions Answered in This Report

The global aviation test equipment market was valued at US$ 7.0 Billion in 2021.

We expect the global aviation test equipment market to exhibit a CAGR of 4.5% during 2022-2027.

The rising application of aviation test equipment in the defense and military sector for assisting
construction, improvement, and integration of several weapon systems in an aircraft is primarily driving
the global aviation test equipment market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across several nations resulting in the temporary halt in various aviation maintenance
activities, thereby negatively impacting the demand for aviation test equipment.

Based on the type, the global aviation test equipment market has been segmented into electrical,
hydraulic, pneumatic, and others. Currently, electrical segment holds the majority of the total market
share.

Based on the end-use sector, the global aviation test equipment market can be divided into commercial
sector, defense/military sector, and others. Among these, the commercial sector exhibits a clear
dominance in the market.

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Middle East
and Africa, and Latin America, where Asia Pacific currently dominates the global market.

Some of the major players in the global aviation test equipment market include Honeywell International
Inc., Boeing, General Electric Co., 3M, Airbus, Rockwell Collins, Moog Inc., Teradyne Inc., SPHEREA Test
& Services, Rolls Royce Holdings Plc, etc.

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