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The aerospace testing market was valued at US$23.470 billion in 2018 and is expected to grow at a CAGR of 0.09% during the forecast period to reach US$23.591 billion in 2024. The increasing global tourism industry and technological advancement in aerospace testing are major growth factors of the aerospace testing market.
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Aerospace Testing Market Forecast From 2019 to 2024
DESCRIPTION The aerospace testing market was valued at US$23.470 billion in 2018 and is expected to grow at a CAGR of 0.09% during the forecast period to reach a total market size of US$23.591 billion in 2024. Increasing number of aircraft deliveries owing to growing global travel and tourism industry is one of the major drivers of aerospace testing market.
Key Questions Answered By The Report • What will be theAerospace Testing Market from 2020 to 2025? • How are the major drivers and restraints affecting the Aerospace Testing Market • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Segments Covered Under Aerospace Testing Market are : • By Testing Method • Destructive Testing • Non-Destructive Testing • Ultrasonic Testing • Acoustic Testing • Radiographic Testing • Others • By Aircraft Type • Commercial • Business • Military • By Sourcing • In-House Testing • Outsource Testing
Geography • North America • United States • Canada • Mexico • Others • South America • Brazil • Argentina • Others
Geography Europe • Germany • France • Italy • United Kingdom • Others Middle East and Africa • Israel • Saudi Arabia • UAE • Others Asia Pacific • Japan • China • India • Others
COMPANY PROFILES NTS Element Materials Technology Intertek Group plc Aerospace Testing Lab, Inc. AeroTEC Honeywell International Inc. Lockheed Martin Corporation MTS Systems Corporation SGS SA MISTRAS Group, Inc. TESTIA
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