Industria
Aerospace Testing Market worth $6.68 billion by 2029 - Exclusive Report by MarketsandMarkets™
Avionics/flight & electronic testing services are becoming more in demand with modern aeronautical electronics becoming more complex and more integrated into modern aircraft. As the technology of aerospace develops, so would similarly the technology of avionics systems become more sophisticated, and more dependent on a higher level of sophisticated technology (navigation, communication, flight control, safety features) which themselves are already subject to rigorous tests to meet high levels of safety, reliability and regulatory safety. Moreover, as other next generation technologies are being developed such as autonomous flight systems, electric propulsion, and advanced sensors, avionics and electronics testing will be even more crucial. Moreover, this segment requires specialized testing services because these systems must run reliably at different altitudes, temperatures, and emissions.
Commercial aviation takes the largest share of the aerospace testing market due to the need to test new aircraft models and the strict safety regulations that must be followed in order to maintain operational reliability. As air travel demand continues to rise around the globe, and these markets continue to grow, there is an ever-increasing demand for the testing and certification of commercial aircraft components and systems such as engines, avionics and the airframe structural integrity. Despite this, commercial aviation remains ahead as a result of high safety, efficiency, and regulatory standards requirements, making it the largest segment of the aerospace testing market.
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=32924426
North America dominates the aerospace testing industry with state-of-the-art testing facilities and a strong presence of aerospace manufacturers and defense contractors. In particular, the U.S. hosts global leaders in companies such as Boeing, Lockheed Martin and Northrop Grumman which demand severe testing for commercial, military and space applications. Due to strong government support, large defense budgets, and stringent regulations in North America , aerospace testing thrives. The aerospace testing industry relies heavily on government funding for research and development. As a result, safety standards can be maintained, and innovation can flourish in the industry. Government regulations also mandate that all aerospace products meet strict safety and performance specifications, and in turn, the demand for testing aerospace products is extremely comprehensive.
The key companies that offer aerospace testing companies include Element Materials Technology (UK), SGS SA ( Switzerland ), Intertek Group plc (UK), Applus+ ( Spain ), TÜV SÜD (Germany), TÜV Rheinland (Germany), TÜV NORD Group (Germany), Rohde & Schwarz (Germany) , Eurofins Scientific ( Luxembourg ), The Boeing Company (US), Airbus ( Netherlands ), MISTRAS Group (US), Lockheed Martin Corporation (US), Bureau Veritas ( France ), and DEKRA (Germany).
https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=32924426
Semiconductor and Electronics Market Research Reports &Consulting
Testing, Inspection, and Certification Market Size, Share & Industry Growth Analysis Report by Service Type, Sourcing Type (In-house, Outsourced), Application (Consumer Goods & Retail, Agriculture & Food, Industrial & Manufacturing, Medical & Life Sciences) and Region - Global Forecast to 2029
Test and Measurement Equipment Market by Automated Test Equipment, Spectrum Analyzers, Oscilloscopes, BERT, Modular Instruments, NDT Equipment, Machine Vision Inspection Systems and Machine Condition Monitoring System - Global Forecast to 2029
MarketsandMarkets™ has been recognized as one of , as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA : +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight:
https://www.marketsandmarkets.com/ResearchInsight/certificate-testing-market.asp
Content Source:
https://www.marketsandmarkets.com/PressReleases/certificate-testing.asp
View original content: https://www.prnewswire.co.uk/news-releases/aerospace-testing-market-worth-6-68-billion-by-2029---exclusive-report-by-marketsandmarkets-302296335.html