Global Aviation Test Equipment Market Industry Analysis and Forecast 2017 - 2024
Increased development of software adaptable solutions, increased investment in defense sector by the governments and growing commercial aerospace industry further fuels the demand.
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Testing of new technologies such as digital RF and DIRCM and development of test equipment for multiple weapon platform will contribute to industry growth. Demand for modern aviation test equipment market share is fueled by rising focus on advancing the existing systems.
Long term investment funding required by the manufacturers as well as for the end users may curb the demand. Budget constraints and delay in delivery of the aircraft have led to development of aircraft with extended life. This service life extension will restrict the support system growth including aviation test equipment market size. Development of standard and synthetic test instruments, updating legacy equipment and rise in unmanned aerial vehicle testers in battlefield and in the national airspace platforms provides growth opportunities to the aviation test equipment market players.
APAC is a promising 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, Morocco due to availability of cheap labor, skilled employees and favorable government initiatives. For instance, in August 2016, Honeywell and Wuhan Hangda signed a new licensing agreement for providing MRO (maintenance, repair and overhaul) services for Honeywell’s mechanical and pneumatic products on the Airbus A330 and A320, also the Boeing fleet.
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Some of the players in the aviation test equipment market are Honeywell International Inc., Airbus, Boeing, Rockwell Collins, Rolls Royce Holdings Plc, 3M, General Electric Aviation, Moog, Teradyne, SPHEREA Test & services, Lockheed Martin Corporation, Avtron Aerospace, Testek, DAC International, DMA-Aero Ideal Aerosmith Inc, etc.
The aviation test equipment industry is characterized by intense competition among the players. The parameters for competing includes product quality, reliability, cost, aftermarket service and innovation & technology. For instance, Airbus defense & space segment provides ATEC (automatic test equipment) Series 6 for major avionics equipment manufacturers on the Airbus, ATR and Boeing aircraft. This system is also used for 787 and A350 maintenance. ATEC S6 provides RFEM (Radio Frequency expansion module) designed to evaluate & test airborne RF component and TPEM (Test Power Extension Module) to test aircraft power electronics and electrical power controls.
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