At a CAGR of 4.3%, the global aviation test equipment market is expected to reach US$ 9.8 billion by 2032. Total sales of aviation test equipment will reach US$ 8.0 billion in 2022. In the aviation industry, aviation test equipment is used to maintain and upgrade hydraulic, pneumatic, and electrical power systems. Increased R&D activities in the aerospace and defence industries to introduce technologically advanced products are expected to drive demand for aviation test equipment.
Regular aircraft inspections and maintenance systems are critical in both the commercial and defence sectors. Aerial mechanics inspect and replace aircraft parts, diagnose electrical and mechanical issues, repair brakes, wings, or other aircraft equipment, test aviation equipment with gauges, and inspect the entire work or process to ensure performance standards are met.
Airbus recently installed the test equipment in Germany on its first A321neo. Pratt and Whitney PW1100G engines would power MSN6673. The test regime will be used because the wings of the A321neo differ from those of the A320neo and A319neo.
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Aviation Test Equipment Market: Overview
The aviation test equipment market has grown substantially at a healthy CAGR due to increase product innovation and increase aerospace activity. With rapid technological advancement and expertise, aviation test equipment market is expected to grow globally. Asia Pacific will emerge as the fastest growing region in aviation test equipment market.
Aviation Test Equipment Market: Region-wise Outlook
The aviation test equipment market is expected to register a double-digit CAGR for the forecast period. Depending on geographic regions, aviation test equipment market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. Asia Pacific and Middle East and Africa are the growing market due to the increasing aerospace activity. Europe and North America also have a market for aviation test equipment’s since they have more resources, technically advance and expertise than the developing regions.
Aviation Test Equipment Market: Key Players
Some of the key market players in aviation test equipment market are Airbus, GE, Boeing, Honeywell International, Moog, 3M, Rolls Roycee Holdings.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.
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Key Segments Profiled in the Aviation Test Equipment Industry Survey
Product:
- Electrical Aviation Test Equipment
- Hydraulic Aviation Test Equipment
- Power Aviation Test Equipment
- Pneumatic Aviation Test Equipment
End User:
- Commercial
- Defense/Military Sector
Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
- Middle East and Africa
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