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Aviation Test Equipment Market - Global Industry Analysis

Aviation Test Equipment Market (Propyl Alcohol, Hydraulic Systems Test Equipment, Ethyl Alcohol and Pneumatic Systems Test Equipment) for Commercial Aviation Test Equipment, Military Aviation Test Equipment, and Clinical Surfaces Application - Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 - 2026

Published Date: 15-Jul-2016 Category: Automotive Report Format : PDF Pages: 110 Report Code: ZMR-35 Status : Published

Global demand for aviation test equipment market was valued at approximately USD 6.84 billion in 2019, and is expected to generate revenue of around USD 9.03 billion by end of 2026, growing at a CAGR of around 4.1% between 2020 and 2026.

Description

The report covers forecast and analysis for the aviation test equipment market on a global, regional and country level. The study provides historic data from 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD million). The study includes drivers and restraints for the aviation test equipment market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the aviation test equipment market on a global level.

In order to give the users of this report a comprehensive view on the aviation test equipment market. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the aviation test equipment market has also been included in the study. The study encompasses a market attractiveness analysis, wherein application segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new system launch, agreements, partnerships, collaborations & joint ventures, research& development, system and regional expansion of major participants involved in the market on the global and regional basis.

The study provides a decisive view on the aviation test equipment market by segmenting the market based on system and application. All the segments have been analyzed based on present and future trends and the market is estimated from 2016 to 2026. System segments covered under this study includes electric systems test equipment, hydraulic systems test equipment, and pneumatic systems test equipment. Key application segments covered under this study includes commercial aviation test equipment and military aviation test equipment. The regional segmentation includes the current and forecast demand for North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. This segmentation includes demand for aviation test equipment based on the individual system in all the regions.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

The report also includes detailed profiles of end players such as Boeing, Honeywell International, Inc., Moog Inc., SPHEREA Test & Services (SPHEREA), Rockwell Collins, Airbus, and Teradyne Inc. The detailed description of players includes parameters such as company overview, financial overview, business strategies and recent developments of the company.

This report segments the global aviation test equipment market as follows:

Global Aviation Test Equipment Market: System Segment Analysis

  • Electric Systems Test Equipment
  • Hydraulic Systems Test Equipment
  • Pneumatic Systems Test Equipment

Global Aviation Test Equipment Market: Application Segment Analysis

  • Commercial Aviation Test Equipment
  • Military Aviation Test Equipment

Global Aviation Test Equipment Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Aviation Test Equipment Market, 2016 - 2026, (USD Million)
    • 2.2. Aviation Test Equipment Market: Snapshot
  • Chapter 3. Global Aviation Test Equipment Market – Industry Analysis
    • 3.1. Aviation Test Equipment Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Growth in global aerospace and defense (A&D) industry
      • 3.2.2. Increasing demand from commercial aerospace
    • 3.3. Restraints
      • 3.3.1. Restraints of Global Aviation Test Equipment Market: Impact Analysis
      • 3.3.2. Sustainment of Legacy Platforms
    • 3.4. Opportunity
      • 3.4.1. Greening of aerospace and defense products
    • 3.5. Porter’s Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis by system segment
      • 3.6.2. Market attractiveness analysis by application segment
      • 3.6.3. Market attractiveness analysis by regional segment
  • Chapter 4. Global Aviation Test Equipment Market - Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global aviation test equipment market: company market share analysis, 2019
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, cullaborations and joint ventures
      • 4.2.4. Research and development and regional expansion
  • Chapter 5. Global Aviation Test Equipment Market – System Segment Analysis
    • 5.1. Global aviation test equipment market overview: by system
      • 5.1.1. Global aviation test equipment market revenue share, by system, 2019 and 2026
    • 5.2. Electric Systems Test Equipment
      • 5.2.1. Global aviation test equipment market by Electric Systems Test Equipment, 2016 - 2026 (USD Million)
    • 5.3. Hydraulic Systems Test Equipment
      • 5.3.1. Global aviation test equipment market by Hydraulic Systems Test Equipment, 2016 - 2026 (USD Million)
    • 5.4. Pneumatic Systems Test Equipment
      • 5.4.1. Global aviation test equipment market by Pneumatic Systems Test Equipment, 2016 - 2026 (USD Million)
  • Chapter 6. Global Aviation Test Equipment Market – Application Segment Analysis
    • 6.1. Global aviation test equipment market overview: by application
      • 6.1.1. Global aviation test equipment market revenue share, by application, 2019 and 2026
    • 6.2. Commercial Aviation Test Equipment
      • 6.2.1. Global aviation test equipment market by Commercial Aviation Test Equipment, 2016 - 2026 (USD Million)
    • 6.3. Military Aviation Test Equipment
      • 6.3.1. Global aviation test equipment market by Military Aviation Test Equipment, 2016 - 2026 (USD Million)
  • Chapter 7. Global Aviation Test Equipment Market - Regional Analysis
    • 7.1. Global aviation test equipment market overview: by region
      • 7.1.1. Global aviation test equipment market revenue share, by region, 2019 and 2026
    • 7.2. North America
      • 7.2.1. North America aviation test equipment market, by country, 2016 - 2026 (USD Million)
      • 7.2.2. North America aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
      • 7.2.3. North America aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
      • 7.2.4. The U.S.
        • 7.2.4.1. The U.S. aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
        • 7.2.4.2. The U.S. aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
      • 7.2.5. Rest of North America
        • 7.2.5.1. Rest of North America aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
        • 7.2.5.2. Rest of North America aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
    • 7.3. Europe
      • 7.3.1. Europe aviation test equipment market, by country, 2016 - 2026 (USD Million)
      • 7.3.2. Europe aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
      • 7.3.3. Europe aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
      • 7.3.4. U.K.
        • 7.3.4.1. U.K. aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
        • 7.3.4.2. U.K. aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
      • 7.3.5. France
        • 7.3.5.1. France aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
        • 7.3.5.2. France aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
      • 7.3.6. Germany
        • 7.3.6.1. Germany aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
        • 7.3.6.2. Germany aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
      • 7.3.7. Rest of Europe
        • 7.3.7.1. Rest of Europe aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
        • 7.3.7.2. Rest of Europe aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific aviation test equipment market, by country, 2016 - 2026 (USD Million)
      • 7.4.2. Asia Pacific aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
      • 7.4.3. Asia Pacific aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
      • 7.4.4. China
        • 7.4.4.1. China aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
        • 7.4.4.2. China aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
      • 7.4.5. Japan
        • 7.4.5.1. Japan aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
        • 7.4.5.2. Japan aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
      • 7.4.6. India
        • 7.4.6.1. India aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
        • 7.4.6.2. India aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
      • 7.4.7. Rest of Asia Pacific
        • 7.4.7.1. Rest of Asia Pacific aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
        • 7.4.7.2. Rest of Asia Pacific aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
    • 7.5. Latin America
      • 7.5.1. Latin America aviation test equipment market, by country, 2016 - 2026 (USD Million)
      • 7.5.2. Latin America aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
      • 7.5.3. Latin America aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
      • 7.5.4. Brazil
        • 7.5.4.1. Brazil aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
        • 7.5.4.2. Brazil aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
      • 7.5.5. Rest of Latin America
        • 7.5.5.1. Rest of Latin America aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
        • 7.5.5.2. Rest of Latin America aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
    • 7.6. Middle East & Africa
      • 7.6.1. Middle East & Africa aviation test equipment market, 2016 - 2026 (USD Million)
      • 7.6.2. Middle East & Africa aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
      • 7.6.3. Middle East & Africa aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
  • Chapter 8. Company Profiles
    • 8.1. Boeing
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product Portfolio
      • 8.1.4. Business Strategy
      • 8.1.5. Recent Developments
    • 8.2. Honeywell International, Inc.
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product Portfolio
      • 8.2.4. Business Strategy
      • 8.2.5. Recent Developments
    • 8.3. Moog Inc.
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product Portfolio
      • 8.3.4. Business Strategy
      • 8.3.5. Recent Developments
    • 8.4. SPHEREA Test & Services (SPHEREA)
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product Portfolio
      • 8.4.4. Business Strategy
      • 8.4.5. Recent Developments
    • 8.5. Airbus
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product Portfolio
      • 8.5.4. Business Strategy
      • 8.5.5. Recent Developments
    • 8.6. Rockwell Cullins
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product Portfolio
      • 8.6.4. Business Strategy
      • 8.6.5. Recent Developments
    • 8.7. Teradyne Inc.
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product Portfolio
      • 8.7.4. Business Strategy
      • 8.7.5. Recent Developments

List of Figures

1. Market research process
2. Market research methodology
3. Global aviation test equipment market, 2016 - 2026 (USD Million)
4. Porter’s five forces analysis: aviation test equipment market
5. Global aviation test equipment market attractiveness, by system
6. Global aviation test equipment market attractiveness, by application
7. Global aviation test equipment market revenue share, by system, 2019 and 2026
8. Global aviation test equipment market by Electric Systems Test Equipment, 2016 - 2026 (USD Million)
9. Global aviation test equipment market by Hydraulic Systems Test Equipment, 2016 - 2026 (USD Million)
10. Global aviation test equipment market by Pneumatic Systems Test Equipment, 2016 - 2026 (USD Million)
11. Global aviation test equipment market revenue share, by application, 2019 and 2026
12. Global aviation test equipment market by Commercial Aviation Test Equipment, 2016 - 2026 (USD Million)
13. Global aviation test equipment market by Military Aviation Test Equipment, 2016 - 2026 (USD Million)
14. Global aviation test equipment market revenue share, by region, 2018 & 2025
15. North America aviation test equipment market, 2016 - 2026 (USD Million)
16. Europe aviation test equipment market, 2016 - 2026 (USD Million)
17. Asia Pacific aviation test equipment market, 2016 - 2026 (USD Million)
18. Latin America aviation test equipment market, 2016 - 2026 (USD Million)
19. Middle East & Africa aviation test equipment market, 2016 - 2026 (USD Million)


 List of Tables

1. Global aviation test equipment market: snapshot
2. Drivers for aviation test equipment market: impact analysis
3. Restraints for aviation test equipment market: impact analysis
4. North America aviation test equipment market revenue, by country, 2016 - 2026 (USD Million)
5. North America aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
6. North America aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
7. The U.S. aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
8. The U.S. aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
9. Rest of North America aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
10. Rest of North America aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
11. Europe aviation test equipment market revenue, by country, 2016 - 2026 (USD Million)
12. Europe aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
13. Europe aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
14. U.K. aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
15. U.K. aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
16. France aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
17. France aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
18. Germany aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
19. Germany aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
20. Rest of Europe aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
21. Rest of Europe aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
22. Asia Pacific aviation test equipment market revenue, by country, 2016 - 2026 (USD Million)
23. Asia Pacific aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
24. Asia Pacific aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
25. China aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
26. China aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
27. Japan aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
28. Japan aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
29. India aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
30. India aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
31. Rest of Asia Pacific aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
32. Rest of Asia Pacific aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
33. Latin America aviation test equipment market revenue, by country, 2016 - 2026 (USD Million)
34. Latin America aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
35. Latin America aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
36. Brazil aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
37. Brazil aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
38. Rest of Latin America aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
39. Rest of Latin America aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)
40. Middle  East & Africa aviation test equipment market revenue, by system, 2016 - 2026 (USD Million)
41. Middle  East & Africa aviation test equipment market revenue, by application, 2016 - 2026 (USD Million)

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Aviation Test Equipment market. Zion Research has collected and analyzed key data belong to the global Aviation Test Equipment market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Aviation Test Equipment across the world has been calculated through primary and secondary research.

Zion Research employs a combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in validation of findings from secondary research and to understand key trends in the Aviation Test Equipment industry. Primary research makes up the major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Aviation Test Equipment market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

Aviation test equipment are used in the aviation industry to maintain and upgrade the pneumatic, electrical power systems and hydraulic systems. They are used for testing aircraft, artificial satellites, and spacecraft.  Aviation is the practical aspect or art of aeronautics, design, development, production, operation and use of aircraft, particularly heavier than air aircraft. Aviation test equipment manufacturer has been developing innovative test technology to support the needs of commercial and military aircraft manufacturers, component OEMs, and MRO facilities worldwide.

Growth in worldwide aerospace and defense industry and rising R&D activities of aviation test equipment are expected to be the major drivers for the global aviation test equipment market. Rising demand from commercial aerospace and increasing use of software adaptable solution is expected to support the aviation test equipment market growth in the near future. In addition, increasing trends towards software-adaptable solutions, multi-use test systems for multiple weapons platform and overall technological advancement is also expected boost the demand for the aviation test equipment. However, long-term investment funding may curb the demand for aviation test equipment within the forecast period. Nonetheless, the greening of aerospace and defense products are expected open new avenues for the market growth over the next few years.

Based on the system, aviation test equipment market has been segmented into electric systems test equipment, hydraulic systems test equipment, and pneumatic systems test equipment. In 2019, hydraulic systems test equipment was the major segment of the global aviation test equipment market in terms of revenue. It accounted for almost 40% share of the overall aviation test equipment market in the same year. Electric systems test equipment is expected to grow at the highest rate in the forecast period. Different application segments of the aviation test equipment market include commercial and military aviation application. Commercial aviation segment dominated the aviation test equipment market in 2019, which accounted for almost 60% market share of the total market. It is expected to grow at a significant rate during the forecast period.

Demand for aviation test equipment was highest in North America, accounting for around about 35% of the market share in 2019. In terms of revenue, Asia-Pacific is expected to emerge as the fastest growing region in the forecast period. The Middle East and Africa are projected to grow at the moderate rate, due to increasing aerospace activity in these regions.

Some of the key players in aviation test equipment market include Boeing, Honeywell International, Inc., Moog Inc., SPHEREA Test & Services (SPHEREA), Rockwell Collins, Airbus, and Teradyne Inc.

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