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The Aerospace Testing Market size is forecast to increase by USD 1.06 billion, at a CAGR of 4.79% between 2023 and 2028. The growth rate of the market depends on several factors, such as the surge in the development of electric and hybrid aircraft, the increasing aircraft testing activities, and the stringent regulatory requirements and evolving standards associated with aircraft.
The report offers extensive research analysis on the market, with a categorization based on Application, including commercial aircraft, business jets, and helicopters. It further segments the market by Type, encompassing non-destructive testing and destructive testing. Additionally, the report provides Region segmentation, covering APAC, Europe, North America, the Middle East and Africa, and South America. Market size, historical data (2018-2022), and future projections are presented in terms of value (in USD billion) for all the mentioned segments.
Market Forecast 2024-2028
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Our researchers studied the market research and growth data for years, with 2023 as the base year and 2024 as the estimated year, and presented the key drivers, trends, and challenges for the market. Although there has been a disruption in the market growth during the COVID-19 pandemic, a holistic analysis of drivers, trends, and challenges of market growth and forecasting will help companies refine marketing strategies to gain a competitive advantage.
The global aviation industry is witnessing a significant shift with the increasing development of electric and hybrid aircraft. In addition, the use of electric and hybrid aircraft in the commercial aviation sector is anticipated to rise in the coming years. Furthermore, larger commercial aircraft will probably take a longer time to adopt electric technologies than smaller aircraft intended for short-haul flights and specialized tasks.
Moreover, when it comes to aircraft propulsion technologies, electric and hybrid models differ significantly from those powered by fossil fuels. In addition, the still fledgling nature of these technologies necessitates the development and deployment of entirely new testing techniques and equipment within the Germany aerospace and defense market. Furthermore, each innovative powertrain requires meticulous examination, from thermal management assessments to rigorous battery stress tests. As a result, this surge in demand for specialized testing facilities equipped with cutting-edge technology fuels market growth during the forecast period. These facilities are crucial for ensuring the reliability, safety, and performance of emerging electric and hybrid propulsion systems.
Artificial intelligence (AI) and machine learning (ML) algorithms can analyze huge volumes of data generated during aerospace testing, identifying patterns and anomalies that might escape human attention. In addition, this facilitates the automation of repetitive tasks, the faster identification of potential issues, and optimized testing parameters, leading to quicker turnaround times and reduced costs.
Moreover, by learning from historical data and real-time sensor readings, AI can predict component failures before they occur. In addition, this enables proactive maintenance, minimizing downtime, enhancing operational efficiency, and ensuring aircraft safety. Furthermore, AI-powered digital twins and virtual testing environments are emerging as valuable tools for simulating real-world conditions and predicting aircraft behavior. Hence, such factors are driving the market growth during the forecast period.
As aircraft are becoming connected and dependent on digital technologies, the risk of cyber-attacks on testing systems and data has increased. In addition, with the increasing reliance on interconnected systems and cloud-based platforms for data storage and analysis, aerospace testing facilities have become attractive targets for cybercriminals.
Moreover, security and data breaches could compromise confidential design-related data, sensitive testing parameters, and even operational control systems, potentially putting aircraft safety at risk. In addition, the sheer volume and complexity of data generated during aerospace testing presents another challenge. Furthermore, protecting all this data from unauthorized access requires robust cybersecurity infrastructure and expertise. Hence, such factors are hindering the market growth during the forecast period.
The commercial aircraft segment is estimated to witness significant growth during the forecast period. The market growth of this segment is fuelled by the continuous expansion of the commercial aviation sector, driven by increasing demand for air travel. In addition, the global air travel industry is experiencing a resurgence, with passenger numbers projected to reach pre-pandemic levels by 2024.
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The commercial aircraft segment was the largest segment and was valued at USD 2.47 billion in 2018. Moreover, this surge in demand for air travel necessitates the production of more aircraft, consequently driving the need for extensive testing across the manufacturing and maintenance lifecycle. In addition, as commercial airline operators expand their fleets to accommodate rising passenger numbers, there is a growing need for rigorous testing to ensure the safety, reliability, and compliance of commercial aircraft. Furthermore, the demand for commercial aircraft will witness an increase due to the growth in air travel in key countries such as China, Russia, India, Indonesia, and the US. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.
Based on the type, the market has been segmented into non-destructive testing and destructive testing. The non-destructive testing segment will account for the largest share of this segment. Non-destructive testing (NDT)comprises the use of techniques including ultrasonic, radiographic, and magnetic particle testing to inspect and evaluate aircraft components for defects without causing damage. In addition, aircraft components must adhere to stringent safety standards, and NDT technologies like ultrasonic testing and eddy current testing ensure the integrity of materials without damage, preventing catastrophic failures. For example, Airbus SE utilizes phased array ultrasonic testing for composite wing structures, guaranteeing their strength and longevity. In addition, the early detection of flaws through NDT reduces the maintenance costs for aerospace manufacturers when compared to replacing entire components after they fail. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.
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North America is estimated to contribute 51% to the growth by 2028. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. North America is a major region for market growth with a flourishing aviation industry with major players like Boeing, Bombardier, Lockheed Martin, and others. In addition, the region comprises technologically advanced countries and mature markets, such as the US and Canada. Therefore, this is resulting in an ever-increasing demand for aftermarket services for aircraft. Moreover, the sustained demand for new aircraft, coupled with the regular maintenance needs of existing fleets, drives the demand for comprehensive testing across the aircraft design, manufacturing, and operation phases. Furthermore, the adoption of advanced technologies like composite materials, electric and hybrid propulsion systems, and autonomous aircraft spurs the need for rigorous testing to ensure safety, reliability, and performance. Hence, such factors drive the market growth during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Airbus SE: The company offers aerospace testing services such as wing design testing for wing research and development in five key areas design, fuel systems, landing gear, systems integration and manufacture.
We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:
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.
Technavio market forecast is an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
The market analysis and report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
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Aerospace Testing Market Scope |
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Report Coverage |
Details |
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Page number |
182 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.79% |
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Market Growth 2024-2028 |
USD 1.06 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
4.23 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 51% |
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Key countries |
US, China, Japan, France, and UK |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
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. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
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
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