Wind Tunnel Global Market Report 2024

The wind tunnel market size has grown steadily in recent years. It will grow from $2.78 billion in 2023 to $2.88 billion in 2024 at a compound annual growth rate (CAGR) of 3.7%. The growth observed during the historical period can be attributed to innovation in fluid dynamics, the contributions of academic and research institutions, historical government initiatives, development in renewable energy, and advancements in meteorology and climate studies.

The wind tunnel market size is expected to see steady growth in the next few years. It will grow to $3.37 billion in 2028 at a compound annual growth rate (CAGR) of 4.0%. The anticipated growth in the forecast period can be attributed to the increasing demand for renewable energy, ongoing innovation in aerospace, development in urban infrastructure, evolution in the automotive industry, and advancements in materials science. Major trends expected in the forecast period include a rise in energy efficiency testing, the adoption of advanced computational fluid dynamics (CFD), the use of multi-use wind tunnels, studies focused on urban wind behavior, and testing for renewable energy applications.

The wind tunnel market is experiencing growth driven by the increasing demand for Unmanned Aerial Vehicles (UAVs). UAVs, which are aircraft operated without a human pilot on board, have seen a surge in demand due to the rising automation in various industries. Engineers utilize wind tunnels to enhance UAV designs, identifying areas where the lift-to-drag ratio can be improved. For example, a report from the Federal Aviation Administration (FAA) in July 2023 indicated 412,342 active commercial UAV registrations in the USA, alongside approximately 607,177 recreational drones in 2021. The heightened demand for UAVs is set to propel the wind tunnel market.

The wind tunnel market is anticipated to grow further due to the increasing demand for autonomous vehicles. Autonomous vehicles, capable of operating without direct human input, rely on various sensors to navigate their surroundings. Wind tunnels play a crucial role in testing the aerodynamics of autonomous vehicles, ensuring stability at high speeds, and optimizing overall performance and range. Global trends, as of January 2022, suggested a 16% annual growth rate in the self-driving car industry, with around 1,400 such vehicles being tested in the US. This growing demand for autonomous vehicles contributes to the expansion of the wind tunnel market.

A prominent trend in the wind tunnel market is technological advancement. Key companies are investing in advanced solutions to stay competitive. SimScale, a Germany-based provider of computer-aided engineering software, introduced the Nuada.CFD app in April 2023. This digital wind tunnel app facilitates microclimate modeling and wind comfort analyses directly within the Rhino CAD environment. Leveraging SimScale's lattice Boltzmann method (LBM) solver Pacefish, the app enables architects and engineers to conduct fast and accurate transient wind simulations, assessing wind flow impacts around buildings and urban structures.

Major players in the wind tunnel market are focused on innovative solutions such as wind tunnel test facilities to gain a competitive edge. Collins Aerospace, a US-based aerospace and defense product provider, launched the Ram Air Turbine Wind Tunnel Test Facility in September 2022. This facility, equipped with cutting-edge technology, enables expedited testing and certification of Ram Air Turbines for various aircraft. The wind tunnel simulates in-flight power loss using a powerful fan, achieving wind speeds of up to 170 knots.

In March 2023, TransDigm Group Inc., a US-based manufacturer of aerospace components, acquired Calspan Corporation, a US-based provider of wind tunnel testing and equipment solutions. This acquisition strengthens TransDigm's position in delivering critical aerospace components and services, complemented by Calspan's expertise in testing and engineering capabilities.

Major companies operating in the wind tunnel market report are Boeing Company, Lockheed Martin Corporation, DNW Aero, Mitsubishi Heavy Industries, HORIBA Ltd., Aerolab LLC., PCB Piezotronics Inc., Aiolos Engineering Corporation, Altair Engineering Inc., Atlas Obscura, BMT Group Ltd., Calspan Corporation, Dallara Group S.r.l., Deutsche WindGuard GmbH, Martin Corporation, Pininfarina S.p.A., A2 Wind Tunnel Limited, AeroDyn Wind Tunnel, Airbus S.A.S., Auto Research Centre (ARC) Limited, Northrop Grumman Corporation, Raytheon Technologies Corporation, Rolls-Royce Holdings plc, RUAG Group, Siemens AG, Turkish Aerospace Industries Inc., Wärtsilä Corporation, Saab Group, Embraer S.A., General Dynamics Corporation, Safran SA, Thales Group, Honeywell International Inc., Moog Inc.

North America was the largest region in the wind tunnel market in 2023. The regions covered in the wind tunnel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the wind tunnel market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The primary wind tunnel solutions encompass products and services. Wind tunnel products include all the components essential for analyzing movement through the air. These components comprise a settling chamber, contraction cone, test bed, diffuser, and fan housing with a variable-speed motor. Wind tunnels can be employed for various airspeeds, including subsonic, transonic, supersonic, and hypersonic, and can have both vertical and horizontal alignment. They find applications in various industries, such as aerospace and defense, transportation, racing championships, building construction and wind energy, as well as adventure sports such as skydiving, training, and simulation.

The wind tunnel market research report is one of a series of new reports that provides wind tunnel market statistics, including wind tunnel industry global market size, regional shares, competitors with a wind tunnel market share, detailed wind tunnel market segments, market trends and opportunities, and any further data you may need to thrive in the wind tunnel industry. This wind tunnel market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.