The global aerospace testing market was valued at US$XX billion in 2018 and is expected to grow at a CAGR of XX% during the forecast period to reach a total market size of US$XX billion in 2024. The growth of global aerospace testing market is projected to witness a good growth, with opportunities in business jets, commercial aircraft, and military aircraft. The major factors behind the growth of this market include rising demand for aircraft deliveries, stringent regulations and certification standards regarding the aircraft safety, and technological advancements for testing aircrafts such as magnetic optic imagers and 3D printing. Geographically, APAC is projected to hold a significant market share owing to the rising middle class population which, in turn, is boosting the demand for passenger aircrafts.
The “Global Aerospace Testing Market – Forecasts from 2019 to 2024” is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by testing method, aircraft type, sourcing, and geography.
The global aerospace testing market has been segmented based on testing method, aircraft type, sourcing, and geography. Based on testing method, the market is classified as destructive testing and non-destructive testing. By aircraft type, the global aerospace testing market is segmented as commercial and military. The market is further segmented by sourcing as in-house testing and outsource testing.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa, and Asia Pacific regions. The report also analyzes major countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the market players.
Major players in the global aerospace testing market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the global aerospace testing market.
The Global Aerospace Testing Market has been analyzed through the following segments:
By Testing Method
By Aircraft Type
Middle East and Africa