ID: MRFR/AERO/1136-CRR | November, 2016 | Region: Global | 103 pages | Cooked Research Reports
Global Aviation Test Equipment Market by System (Electrical, Hydraulic, and Pneumatic), by Application (Military and Commercial), and by Geography - Forecast To 2021
Global Aviation Test Equipment Market ($ billion), 2016-2021
As per the MRFR analysis, factors restraining the market are cost of auto pilot systems, retirement of maintenance intensive aircraft and thermal challenges of MEA.
Development of next generation engines and flight testing in unmanned platforms are the key trends which would impact the market in future.
Market Synopsis of Global Aviation Test Equipment Market
The Global Aviation Test Equipment Market is expected to grow at a CAGR of around 4.5% during 2016-2021. The key factors driving the growth are growing demand from commercial aerospace, increasing use of software adaptable solution, growing aircraft fleet, advent of low-emission GEnx jet engine, and multi-purpose test system for military aircraft.
Study Objectives of Global Aviation Test Equipment Market
Some of the key players in the Global Aviation Test Equipment Market are Boeing, Honeywell International Inc., Moog Inc., Rockwell Collins, SPHEREA Test & Services, 3M, GE Aviation, Rolls-Royce, and Teradyne
Market Segmentation of Global Aviation Test Equipment Market
Regional and Country Analysis of Global Aviation Test Equipment Market
As per the MRFR analysis, the Americas region will continue its dominance in the forecast period to reach $XX billion, to grow at a CAGR of 4%. Whereas, APAC and EMEA will grow at a CAGR of 6% and XX%, respectively during the forecast period.
The report also covers country level analysis:
The market report for Global Aviation Test Equipment Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.