Aviation Test Equipment: Rise in adoption of unmanned aircraft by military sector

1. Aviation Test Equipment Market Aviation Test Equipment Market to 2027 - Global Analysis and Forecasts by Product Type (Electrical Test Equipment, Hydraulic Test Equipment, Engine Test Equipment, Pneumatic Test Equipment); Aircraft Type (Manned, Unmanned); End User (Commercial, Military)

2. Aviation Test Equipment Market Current and future Market Scenario  Aviation test equipment market in global grew from US$ 5.38 Bn in 2018 to US$ 7.69 Bn by the year 2027. This represents a CAGR of 4.1% from the year 2019 to 2027.  Global aircraft manufacturers are more inclined to increase their production to cater to the surge in aircraft demand. The aircraft demand in developing countries is increasing with the demographic & economic growth, change in tourism trends, and development in existing & new routes.  The demand for commercial aircraft in Asia-Pacific, the Middle East, and South America is expected to fuel by a recovery in global GDP and growth in passenger travel demand.  As per the International Air Transport Association (IATA), the global commercial aviation passenger count in 2018 accounted for 4.3 Bn, and the same is expected to rise to 8.2 Bn by 2037.

3. Aviation Test Equipment Market Factors Contributing to Market Growth  On a global scenario, the maximum revenue generating region is anticipated to be the Asia Pacific, with an estimated passenger count of 3.9 Bn by 2037. By 2037, China is expected to outpace the US in terms of to, from and within China aviation passenger number.  It is expected that the total number of aviation passengers in China to climb up to 1.6 Billion as compared to 500+ Mn in 2016.  Similarly, India is foreseen to displace the UK to position itself as the third-largest commercial aviation zone globally, carrying ~414 Mn by 2037 as compared to 141 Million in 2016. In 2018 itself, Airbus delivered 34% of its total commercial aircraft deliveries in the Asia Pacific region.  The MEA is also expected to grow at a stronger rate, especially in the countries, namely, United Arab Emirates, Qatar, Saudi Arabia, and South Africa.

4. Key Findings  The Americas and Europe are expected to grow at a moderate pace from 2018 to 2037. The rising air travel demand by passengers has subsequently resulted in increased production of commercial aircraft, which in response have significantly contributed to the growth of the aviation test equipment market.  As the demand for air transportation is increasing exponentially, the number of aircraft orders and deliveries are also increasing rapidly. In order to meet the demand of escalating air traffic, the airlines and defense forces are procuring aircraft integrated with latest technologies. Thus, developed aircraft with enhanced technologies would further create an opportunity for the aviation test equipment market.  The introduction of next-generation technologies in recent years has resulted in the advancement of aviation test equipment. For instance, the introduction of the first cockpit control panel robot tester in the world. Aviation test equipment manufacturers are also bringing disruptive innovative technological models that are simplifying the testing and evaluation process of aircraft systems as well as components. In January 2019, Lufthansa Technik developed the robotic process for more reliable, consistent testing of cockpit controls. Also, in May 2018, Tel-Instrument Electronics Corp. introduced flight-line Test Set, the “SDR-OMNI”. The new test set leverage true software-designed radio technology that allows testing of all common avionics functions in one 4.5 pound test set. 

5. Aviation Test Equipment Market Market Segments by Payload (Up to 5 Kg, 5-10 Kg, and Above 10 Kg) End-user Industry (Automotive, Metal & Machinery, Electronics, Pharmaceuticals, Plastic & Polymers, and Food & Beverage) Application Assembly, Material Handling, Pick & Place, Quality Testing, Packaging, Machine Tending, and Welding

6. Aviation Test Equipment Market Dominating Segments  Moreover, companies are also joining forces to offer complete test solutions for both commercials as well as military aircraft. For instance, Testek and Avtron Aerospace offers a wide range of aircraft tests from development to manufacturing to component and platform design. Also, Barfield, US subsidiary of Aero Maintenance Group LLC, offers 3D-scanning technology for inspection and evaluation of hail damage to aircraft.  Rise in adoption of unmanned aircraft by military sector  The government of various economies worldwide is increasing their military expenditure on UAVs. According to a report published by the center for the study of the drone at Bard College in 2018, the US Department of Defense (DoD) has requested a budget of approximately US$ 9.39 Bn on unmanned systems (including air, ground, and sea) and related technology in 2019 as compared to around US$ 7.5 Bn in 2018.

7. Dominating Segments  It demonstrates an increase in the country’s military unmanned aircraft spending. The requested budget includes around US$ 9.39 Bn in drone-related procurement, R&D, and construction funding, which is 26% higher than in 2018. It also includes at least 3,447 new unmanned systems, including UAVs. The request consists of orders for 532 unmanned systems such as target drones and aerostats. The proposed budget by the Air Force for unmanned systems is around US$ 6.05 Bn in 2019. The DoD aims to purchase around 3,250 unmanned air vehicles in 2019.  Moreover, in 2019, the Canadian government approved the purchase of a fleet of armed unmanned aircraft through its defense policy. Furthermore, the Czech Republic announced that by 2025, the country’s military would purchase around US$ 46.5 Mn worth surveillance and combat UAVs. This included the Czech military’s plans to purchase the ScanEagle UAVs in 2019 from Insitu, a Boeing’s subsidiary.  The proposed deal is worth around 200 Mn koruna (approximately US$ 9.6 Mn). Moreover, General Atomics, US, was granted a contract from Spain worth US$ 56 Mn to provide its MQ-9 aircraft by January 2019.

8. Dominating Segments  The French Army will receive Safran’s Patroller tactical unmanned aerial system in 2020. In 2019, the Qatari Armed Force received six unmanned aircraft and control stations from Turkey. During the past few years, the country has signed many international deals for UAVs including, MoU to manufacture UAV parts for the country’s armed force with a Polish firm WKK.  In 2018, China announced to sell 48 high-end UAVs to Pakistan. Also, in July 2019, India announced its plans to spend US$ 250 Bn over the next ten years for the modernization of the military army. As a part of military modernization, the country announced its plans to purchase 600 unmanned aerial vehicles. The country is also looking to buy US-made armed drones in a separate procurement programme. Such investments by the military for procurement of UAVs is expected to drive the aviation test equipment market.  Product Type Insights  The global aviation test equipment market by product type was led by electrical test equipment segment. Hydraulic test equipment segment held the second largest market in 2018 and is anticipated to increase its shares during the forecast period from 2019 – 2027.

9. Aviation Test Equipment Market Leading Players Companies Mentioned  Avtron Aerospace, Inc.  BAE Systems  Bauer Inc.  ECA Group  Hydraulics International Inc.  Lockheed Martin Corporation  Astronics Corporation  Teradyne Inc.  Testek Inc.  TEST-FUCHS GmbH Get sample PDF copy @ https://www.theinsightpartners.com/sample/TIPRE00006028/

10. Strategic Insights The market players present in aviation test equipment market are mainly focusing on product enhancements by implementing advanced technologies. By signing partnership, contracts, joint ventures, funding, and inaugurating new offices across the world permit the company to maintain its brand name globally. Few of the recent developments are listed below: 2019: Teradyne Inc. acquired Lemsys, a provider of test equipment. With the help of this acquisition, Lemsys would increase the range of test solutions and would able to grow its production footprint around the world. 2019: Astronics Corporation announced acquisition of Freedom Communication Technologies, Inc., a developer communication test equipment based in the U.S. Aircraft Type Insights The global aviation test equipment market by aircraft type was led by manual segment. Unmanned segment held the second largest market in 2018 and is anticipated to increase its shares during the forecast period from 2019 – 2027. End User Insights The global aviation test equipment market by end user was led by commercial segment. Military segment held the second largest market in 2018 and is anticipated to increase its shares during the forecast period from 2019 – 2027.

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12. Aviation Test Equipment Market

13. Aviation Test Equipment Market Access Full Research Report at: https://www.theinsightpartners.com/reports/aviation-test-equipment-market Thank You! Thank You!