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The aerospace testing market is forecasted to grow by USD 1.20 billion during 2024-2029, accelerating at a CAGR of 4.6% during the forecast period. The report on the aerospace testing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by surge in development of electric and hybrid aircraft, increasing aircraft testing activities, and stringent regulatory requirements and evolving standards associated with aircraft.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The aerospace testing market is segmented as below:
By Application
- Commercial aircraft
- Business jets
- Helicopters
By Type
- Non-destructive testing
- Destructive testing
By Source
- In-house
- Outsourced
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the aerospace testing market covers the following areas:
- Aerospace Testing Market sizing
- Aerospace Testing Market forecast
- Aerospace Testing Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Application
9 Market Segmentation by Type
10 Market Segmentation by Source
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global aerospace testing market: Airbus SE, BAE Systems Plc, Ball Corp., Bureau Veritas SA, DEKRA SE, Element Materials Technology, General Electric Co., Groupe Industriel Marcel Dassault, Illinois Tool Works Inc., Intertek Group Plc, L3Harris Technologies Inc., Leonardo Spa, Lockheed Martin Corp., Mistras Group Inc., Northrop Grumman Corp., Rolls Royce Holdings Plc, RTX Corp., Safran SA, Thales Group, and The Boeing Co..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is opening of new aircraft testing labs."
According to the report, one of the major drivers for this market is the surge in development of electric and hybrid aircraft.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Airbus SE
- BAE Systems Plc
- Ball Corp.
- Bureau Veritas SA
- DEKRA SE
- Element Materials Technology
- General Electric Co.
- Groupe Industriel Marcel Dassault
- Illinois Tool Works Inc.
- Intertek Group Plc
- L3Harris Technologies Inc.
- Leonardo Spa
- Lockheed Martin Corp.
- Mistras Group Inc.
- Northrop Grumman Corp.
- Rolls Royce Holdings Plc
- RTX Corp.
- Safran SA
- Thales Group
- The Boeing Co.
