Aviation Test Equipment Market: By System, Product, Segments, Share, Analysis & Forecast, 2015 – 2021

By martin.l Technology & Media

According to the report, global demand for aviation test equipment market was valued at USD 5,631 million in 2015 and is expected to generate revenue of USD 7,254 million by the end of 2021, growing at a CAGR of slightly above 3.7% between 2016 and 2021.Aviation test equipments play very crucial role in assuring the safety of an aircraft in its operation. These test equipments are mainly used for aircraft, artificial satellites, and spacecraft testing. Advancement in testing technology helps to support the needs of commercial and military aircraft manufacturers globally.

According to the report, global demand for aviation test equipment market was valued at USD 5,631 million in 2015 and is expected to generate revenue of USD 7,254 million by the end of 2021, growing at a CAGR of slightly above 3.7% between 2016 and 2021.

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.

Aviation Test Equipment Market

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 2015, hydraulic systems test equipment was the major segment of the global aviation test equipment market in terms of revenue. It accounted for 38.49% 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 2015, which accounted for 58.9% 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 the highest in North America, accounting for around 35.26% of the market share in 2015. 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.

  • 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. Global aviation test equipment market, 2015 – 2021, (USD Million)
    • 2.2. global aviation test equipment market: Snapshot
  • Chapter 3. Aviation test equipment Market: Industry Analysis
    • 3.1. Introduction
    • 3.2. Global aerospace and defense supply chain system
    • 3.3. Global aerospace and defense value chain system
    • 3.4. Market Drivers
      • 3.4.1. Drivers of global aviation test equipment market: impact analysis
      • 3.4.2. Growth in global aerospace and defense (A&D) industry
      • 3.4.3. Increasing demand from commercial aerospace
    • 3.5. Restraints
      • 3.5.1. Restraints of Global Aviation Test Equipment Market: Impact Analysis
      • 3.5.2. Sustainment of Legacy Platforms
    • 3.6. Opportunity
      • 3.6.1. Greening of aerospace and defense products
    • 3.7. Porter’s Five Forces Analysis
    • 3.8. Aviation test equipment: Market attractiveness analysis
      • 3.8.1. Market attractiveness analysis by system segment
      • 3.8.2. Market attractiveness analysis by application segment
      • 3.8.3. Market attractiveness analysis by regional segment
    • 3.9. Company Market Share Analysis
      • 3.9.1. Global aviation test equipment market: company market share, 2015
  • Chapter 4. Aviation Test Equipment Market – System Segment Analysis
    • 4.1. Global aviation test equipment market overview: By system
      • 4.1.1. Global aviation test equipment market revenue share, by system, 2015 & 2021
    • 4.2. Electric Systems Test Equipment
      • 4.2.1. Global electric systems for aviation test equipment market, 2015– 2021 (USD Million)
    • 4.3. Hydraulic Systems Test Equipment
      • 4.3.1. Global hydraulic systems for aviation test equipment market, 2015– 2021 (USD Million)
    • 4.4. Pneumatic Systems Test Equipment
      • 4.4.1. Global pneumatic systems for aviation test equipment market, 2015– 2021 (USD Million)
  • Chapter 5. Aviation Test Equipment Market – Application Segment Analysis
    • 5.1. Global aviation test equipment market overview: By application
      • 5.1.1. Global aviation test equipment market revenue share, by application , 2015 & 2021
    • 5.2. Commercial Aviation Test Equipment
      • 5.2.1. Global aviation test equipment market for commercial aviation test equipment, 2015– 2021 (USD Million)
    • 5.3. Military Aviation Test Equipment
      • 5.3.1. Global aviation test equipment market for military aviation test equipment, 2015– 2021 (USD Million)
  • Chapter 6. Global Aviation test equipment Market: Regional Analysis
    • 6.1. Global aviation test equipment market: Regional overview
      • 6.1.1. Global aviation test equipment market share, by region, 2015 and 2021
    • 6.2. North America
      • 6.2.1. North America aviation test equipment market revenue, by System, 2015 – 2021 (USD Million)
    • 6.3. Europe
      • 6.3.1. Europe aviation test equipment market revenue, by system, 2015 – 2021 (USD Million)
    • 6.4. Asia Pacific
      • 6.4.1. Asia-Pacific aviation test equipment market revenue, by system, 2015 – 2021 (USD Million)
    • 6.5. Latin America
      • 6.5.1. Latin America aviation test equipment market revenue, by system, 2015 – 2021 (USD Million)
    • 6.6. Middle East & Africa
      • 6.6.1. Middle East & Africa aviation test equipment market revenue, by system, 2015 – 2021 (USD Million)
  • Chapter 7. Company Profiles
    • 7.1. Boeing
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Product portfolio
      • 7.1.4. Business strategy
      • 7.1.5. Recent developments
      • 7.1.6. SWOT Analysis
    • 7.2. Honeywell International, Inc.
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Product portfolio
      • 7.2.4. Business strategy
      • 7.2.5. Recent developments
      • 7.2.6. SWOT Analysis
    • 7.3. Moog Inc.
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Product portfolio
      • 7.3.4. Business strategy
      • 7.3.5. Recent developments
      • 7.3.6. SWOT Analysis
    • 7.4. SPHEREA Test & Services (SPHEREA)
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Product portfolio
      • 7.4.4. Business strategy
      • 7.4.5. Recent developments
      • 7.4.6. SWOT Analysis
    • 7.5. Kao corp.
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Product portfolio
      • 7.5.4. Business strategy
      • 7.5.5. Recent developments
      • 7.5.6. SWOT Analysis
    • 7.6. Rockwell Collins
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Product portfolio
      • 7.6.4. Business strategy
      • 7.6.5. Recent developments
      • 7.6.6. SWOT Analysis

List of Figures

1. Market Research Process
2. Market Research Methodology
3. Global Aviation Test Equipment Market, 2015 – 2021 (USD Million)
4. Aerospace Supply Chain
5. Aerospace and Defense Supply Chain
6. Aerospace Industry Value Chain
7. Global airline traffic (1981 to 2015)
8. History and forecast for large commercial aircraft orders and production (1981 to 2018)
9. Aircraft delivery forecast (2015 to 2033)
10. Porter’s five forces analysis : Aerospace Industry
11. Market Attractiveness Analysis by Application Segment
12. Market Attractiveness Analysis by System Segment
13. Market Attractiveness Analysis by Regional Segment
14. Company Market Share, 2014
15. Global aviation test equipment market revenue share, by system segment, 2015 & 2021
16. Global electric systems for aviation test equipment Market, 2015-2021 (USD Million)
17. Global hydraulic systems for aviation test equipment Market, 2015-2021 (USD Million)
18. Global pneumatic systems for aviation test equipment Market, 2015-2021 (USD Million)
19. Global aviation test equipment market revenue share, by application  2015 & 2021
20. Global aviation test equipment market for  commercial aviation test equipment, 2015– 2021 (USD Million)
21. Global aviation test equipment market for military aviation test equipment, 2015– 2021 (USD Million)
22. Global aviation test equipment market revenue share, by region, 2015 & 2021

List of Tables

1. Global aviation test equipment market: Snapshot
2. Drivers of the aviation test equipment market: Impact analysis
3. Restraints for the aviation test equipment market: Impact analysis
4. North America aviation test equipment market revenue, by system, 2015– 2021 (USD Million)
5. North America test equipment market revenue, by application, 2015– 2021 (USD Million)
6. Europe aviation test equipment market revenue, by system, 2015– 2021 (USD Million)
7. Europe aviation test equipment market revenue, by application, 2015– 2021 (USD Million)
8. Asia-Pacific aviation test equipment market revenue, by system, 2015– 2021 (USD Million)
9. Asia-Pacific aviation test equipment market revenue, by application, 2015– 2021 (USD Million)
10. Latin America aviation test equipment market revenue, by system, 2015– 2021 (USD Million)
11. Latin America aviation test equipment market revenue, by application, 2015– 2021 (USD Million)
12. Middle East & Africa aviation test equipment market revenue, by system, 2015– 2021 (USD Million)
13. Middle East & Africa aviation test equipment market revenue, by application, 2015– 2021 (USD Million)

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