Global Aviation Test Equipment Market is expected to witness robust growth over the forecast period owing to the increasing defense budget. The increasing usage of software adaptable solution is presumed to have a positive impact on the growth of this industry. In addition, the multi-use test system for scalable and configurable testers and multiple weapon platform is projected to fuel the growth of global aviation test equipment market. The wavering government expenditures is projected to boost the market growth. It helps the manufacturers to craft more affordable test equipment solutions. These solutions can be adapted to support multiple programs which helps in reducing the development and maintenance cost.
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The escalating product innovation and increasing aerospace activity is expected to spur the demand for aviation test equipment. However, the maintenance of legacy platforms and short life span of avionics module could pose a challenge for the aviation test equipment industry. This equipment is used in aviation vertical for upgrading and maintain the pneumatic, hydraulic and electrical power systems. Maintenance and regular checkups of aircraft is an important factor in both defense and commercial sector. The key emerging trend in the market is the UAS (unmanned aircraft system) flight testing. The size of UAS ranges from a micro vehicle to full scale aircraft of several thousand pounds. These flights are tested for safe and efficient operations. Many classic flight test techniques have also been developed for manned flight-testing that can be directly used for UAS applications.
The introduction of low-emission jet engine is expected to be one of the key factors contributing to the growth of this industry. In October 2015, GE Aviation developed a new high-thurst jet engine named as GEnx. The engine currently powers the Boeing 787 Dreamliner owing to the benefits associated with it such as high reliability, less NOx emissions and best fuel burning capacity. Also, In December 2015, The U.S Army gave a contract to GE Aviation for the research and development of silicon carbide based power electronics which will support the high-voltage next generation ground vehicle electrical power architecture.
The Major Players in global Aviation Test Equipment Market include
Market segment by Product Types, Aviation Test Equipment can be split into
Market segment by Application, Aviation Test Equipment can be split into
The commercial aviation test equipment segment is presumed to dominate the market owing to the increasing number of orders and deliveries of commercial aircraft.
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Aviation Test Equipment in these regions, from 2012 to 2022 (forecast), covering
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