Aviation Test Equipment Market Analysis By Top Key Players - General Electric, Rockwell Collins, Teradyne, Rolls Royce Holdings, Moog, Boeing, 3M Company, Airbus, Avionics, Honeywell International

Global Aviation Test Equipment Market is accounted for $5.62 billion in 2017 and is expected to reach $8.89billion by 2026 growing at a CAGR of 5.2%. Increasing safety concerns, technological advancements, stringent government regulations, novel based R&D activities of aviation test equipment’s, rising usage of software based solutions are some key factors propelling the market growth. However, short life cycle of avionics modules and huge maintenance required for legacy platforms are inhibiting the market growth.

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Aviation test equipment is to reduce the life cycle cost, improve system reliability and safety, isolate failures, and advance testability. It basically focuses to inspect and resolve problems such as electrical and mechanical issues, performance check, repair brakes, etc. It has a major role in the sectors such as defense and commercial sector for maintaining aircrafts.

Top Players:
Some of the key players in the global market include General Electric Co, Rockwell Collins, Teradyne Inc, Rolls Royce Holdings Plc, Moog, Inc, Boeing, 3M Company, Airbus, Avionics Inc , Honeywell International Inc., Spherea Test & Services, Avtron Aerospace, Inc., DAC International, Inc., Tesscorn Systems India Pvt. Ltd , Rolls Royce Holdings Plc, Testek, Inc DMA-Aero, International Aero Engineering LLC and Tesscorn Inc.

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Market Segments:
By End User, commercial aviation test equipment segment commanded steady growth in the market. The increasing number of orders and deliveries of commercial aircraft will fuel the growth of commercial aviation test equipment. By Type, traffic collision avoidance system (TCAD) test acquired significant growth as it reduces the risk of mid-air collisions and will prevent catastrophic accidents.
Asia Pacific holds the considerable market share during the forecast period. The growth is due to extensive opportunities for this market especially in China and expansion of aviation sector including both civil and defense aerospace in recent years in this region.

Products Covered:
• Power Test Equipment
• Pneumatic Test Equipment
• Electrical Test Equipment
• Hydraulic Test Equipment

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