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Avionics Test Systems Market 2018 To Witness a CAGR of More Than 6% Through 2023 | Leading Players- Teradyne, Rolls Royce, 3M, General Electric, Rockwell Collins, Lockheed Martin, Ideal Aerosmith, Boeing, Airbus and Honeywell International

01-02-2019 07:48 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Aviation Test Equipment Market

Aviation Test Equipment Market

Aviation Test Equipment Market by System (Electrical, Hydraulic, Pneumatic, Power), Aircraft Type (Manned, Unmanned), End User (Military and Commercial), and Region (North America, Europe, Middle East & Africa, South America) – Global Forecast Till 2023

Market Scenario

Aviation is a domain of aeronautics, which involves the designing, development, manufacturing, and operation of aircrafts. Aviation test equipment include the equipment used for inspection, resolution of electrical and mechanical problems, repairing brakes, performance check, . in the aviation industry. They are used on a large scale for the maintenance of pneumatic systems, hydraulic systems, and other systems. They have a vital role in defense and commercial aviation sector, for maintaining aircrafts. The factors that propel the growth of the global Aviation Test Equipment market include rise in research and development activities for aviation test equipment and high-tech innovations and solutions.

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Moreover, rise in the aerospace activity across the globe, has led to increasing demand for aviation test equipment globally. The equipment are fundamentally used for calibration, inspection, qualification testing, and evaluation of different kinds of aircraft devices. Aviation test equipment also include a single axis rate table, vacuum and pressure instrument chamber, manual turn and tilt tables. Aviation test equipment are also used for managing the tests, memorizing, reporting, and monitoring results. The main aim of these test equipment is to decrease the life cycle cost, improve system reliability and safety, isolate failures.

The growth of the global aviation test equipment market can be accredited to the changing trends in the aviation industry and new innovations within the traditional systems. Moreover, this triggers the adoption of modern aviation test equipment. The aviation test equipment have the capabilities and construction that will support in improving and integrating several weapon systems.

This growth, coupled with the increasing demand for maintenance of older aircrafts, is estimated to boost the sales of aviation test equipment. In addition, the aviation sector, mainly the defense aircrafts segment, now have several aircrafts which are technologically quite advanced;, this has led to a demand for more sophisticated test equipment, with advanced features.

Aviation test equipment can be electrical, hydraulic, pneumatic or power test equipment. The testing devices include air data test sets, pilot static adapters, transponder test sets, distance measuring equipment testing. Other vital aviation test equipment are strategic air navigation system testers, navigation/Transmission test sets, radar test sets, altimeter test sets, GPS satellite simulators, battery testers, engine test set. The aviation domain faces challenges in terms of unpredictability, as its difficult to gauge the market in this segment.

The key driver for the market of aviation test equipment is rising numbers of unmanned aerial vehicles testers in the battlefield. The major factors hindering the growth of the market are sustainment of the several legacy platforms and small life span of avionics module. The leading opportunities for the market are the updates in the legacy equipment market, advanced and new standards and artificial instrumentation in the aviation test equipment.

The low-emission GEnx jet engine is one of the key growth drivers of the aviation test equipment market. The GEnx engine is an advanced high-thrust jet engine with high fuel-efficiency. This engine was developed by Airbus A350 and Boeing 787 Dreamliner aircraft and has numerous advantages such as reduced NOₓ emissions, and noise-free performance. The success of this engine has drawn major investment to this market, which is expected to catalyze the growth of this market during the forecast period.

Global Aviation Test Equipment market is estimated to witness a CAGR of more than 6% during the forecast period 2018-2023.

Europe and North America have an established market for aviation test equipment due to the presence of large number of aviation test equipment resources and high-tech innovations. Aviation test equipment market in the Asia Pacific, The Middle East and Africa are expected to grow gradually, owing to rising aerospace activity.

APAC is a capable regional sector for the long-haul segment and heavily relies on medium and small wide body aircraft. Manufacturers are shifting their focus on countries such as India, China, Brazil, Mexico, Egypt, and Morocco due to accessibility of cheap labor, skilled employees and favorable government initiatives.

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Key Players

The key players in global aviation test equipment market are Teradyne Inc. (U.S.), Rolls Royce Holdings Plc. (England), 3M Company (U.S.), General Electric Co. (U.S.), Rockwell Collins Inc. (U.K), Lockheed Martin Corporation (U.S.), Ideal Aerosmith Inc. (U.S.), The Boeing Company (U.S.), Airbus Group (France), and Honeywell International Inc. (U.S.).

Table of Contents

1 Executive Summary$ 1,350.00

2 Scope of the Report$ 0.00
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model

3 Market Landscape$ 950.00
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining Power of Buyers
3.1.3 Threat of Substitutes
3.1.4 Intensity of Competitive Rivalry
3.1.5 Bargaining Power of Buyers
3.2 Value Chain/supply Chain Analysis

4 Market Dynamics$ 950.00
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends

Continued.......

List of Tables

Table 1 Aviation Test Equipment Market: By Region, 2017-2023
Table 2 North America Aviation Test Equipment Market: By Country, 2017-2023
Table 3 Europe Aviation Test Equipment Market: By Country, 2017-2023
Table 4 Asia Pacific Aviation Test Equipment Market: By Country, 2017-2023
Table 5 Row Aviation Test Equipment Market: By Country, 2017-2023
Table 6 Aviation Test Equipment Market, By System, 2017-2023
Table 7 North America Aviation Test Equipment Market, By System, 2017-2023
Table 8 Europe Aviation Test Equipment Market, By System, 2017-2023
Table 9 Asia Pacific Aviation Test Equipment Market By System, 2017-2023
Table 10 Row Aviation Test Equipment Market By System, 2017-2023

Continued.....

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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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