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The aerospace testing market is forecasted to grow by USD 1.06 bn during 2023-2028, accelerating at a CAGR of 4.79% during the forecast period. The report on the aerospace testing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by surge in development of electric and hybrid aircraft, increasing aircraft testing activities, and stringent regulatory requirements and evolving standards associated with aircraft.
The aerospace testing market is segmented as below:
By Application
- Commercial aircraft
- Business jets
- Helicopters
By Type
- Non-destructive testing
- Destructive testing
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the aerospace testing market covers the following areas:
- Aerospace testing market sizing
- Aerospace testing market forecast
- Aerospace testing market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global aerospace testing market: Airbus SE, BAE Systems Plc, Ball Corp., Bureau Veritas SA, DEKRA SE, Element Materials Technology Group Ltd., General Electric Co., Groupe Industriel Marcel Dassault, Illinois Tool Works Inc., Intertek Group Plc, L3Harris Technologies Inc., Leonardo S.p.A., Lockheed Martin Corp., Mistras Group Inc., Northrop Grumman Corp., Rolls Royce Holdings Plc, RTX Corp., Safran SA, Thales Group, and The Boeing Co.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is opening of new aircraft testing labs.'
According to the report, one of the major drivers for this market is the surge in development of electric and hybrid aircraft.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Airbus SE
- BAE Systems Plc
- Ball Corp.
- Bureau Veritas SA
- DEKRA SE
- Element Materials Technology Group Ltd.
- General Electric Co.
- Groupe Industriel Marcel Dassault
- Illinois Tool Works Inc.
- Intertek Group Plc
- L3Harris Technologies Inc.
- Leonardo S.p.A.
- Lockheed Martin Corp.
- Mistras Group Inc.
- Northrop Grumman Corp.
- Rolls Royce Holdings Plc
- RTX Corp.
- Safran SA
- Thales Group
- The Boeing Co.