Global Aviation Test Equipment Market to Grow at a CAGR of 3.96% During the Period 2016 - 2020; Finds New Report
Market Research Reports, Inc. has announced the addition of “Global Aviation Test Equipment Market 2016 - 2020” research report to their website www.MarketResearchReports.com
Lewes, DE -- (SBWire) -- 04/04/2016 --Report forecast the global aviation test equipment market to grow at a CAGR of 3.96% during the period 2016-2020.
Aviation test equipment find their application in the regular checks conducted for maintenance of hydraulic, electrical, and pneumatic systems in an aircraft. These controls are necessary for the aircraft to retain its airworthiness. These equipment are also essential during the assembly of a plane, during its aftermarket services, and to check for its proper functioning.
The report covers the present scenario and the growth prospects of the global aviation test equipment market for 2016-2020. It provides a comprehensive overview, market shares, and growth opportunities by application (commercial and military), market segmentation by system (hydraulic, electric, and pneumatic), and growth prospects by region.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
According to the report, avionics test equipment is vital for any FAA repair station. The test equipment covers a broad spectrum of items ranging from signal generators and digital voltmeters to autopilot servo test stands for clutch torque evaluation. In addition, there are different types of equipment in each category, including large bench type equipment, which is primarily used for repair and alignment of the avionics.
Further, the report states that the increasing costs of such autopilot systems pose a concern before conducting any performance testing of the aircraft.
Global Aviation Test Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the Global Aviation Test Equipment Market: Boeing, Honeywell International Inc., Moog Inc., Rockwell Collins, and SPHEREA Test & Services.
Other Prominent Vendors in the market are: 3M, Avionics, GE, Rolls-Royce, and Teradyne.
Market driver
- Multi-purpose test system for military aircraft
- For a full, detailed list, view our report
Market challenge
- Cost associated with autopilot system
- For a full, detailed list, view our report
Market trend
- UAS flight testing
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 76 pages and 53 Exhibit "Global Aviation Test Equipment Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Global aerospace and defense supply chain system, Global aerospace and defense value chain system, Market segmentation by application, Market segmentation by system, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.
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