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Global Aerospace Testing Market Report : Trends, Forecast and Competitive Analysis 1.

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Presentation on theme: "Global Aerospace Testing Market Report : Trends, Forecast and Competitive Analysis 1."— Presentation transcript:

1 Global Aerospace Testing Market Report 2018- 2023: Trends, Forecast and Competitive Analysis 1

2 Industry Profiles Snapshot Major ParameterDescription Market Segments by Aircraft Type Commercial aircraft, business jet, helicopter, and military aircraft Market Segments by Sourcing Type In-house testing and outsource testing Market Segments by Testing Method Type Non-destructive testing and destructive testing Market Segments by Component Type Airframe, engine, and interior Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name Airbus, Boeing, Lockheed Martin, NTS, SGS, Mistras, Innertek, Exova, MTS, and Dayton T Brown and others. Trend Growth Rate and CAGR2.1% Key Industry Forecast The global aerospace testing market is expected to reach an estimated $5.4 billion by 2023 with a CAGR of 2.1% from 2018 to 2023 Key Industry Driver Driver: Increasing aircraft deliveries, adoption of new materials in aircraft, and stringent aviation regulations & certification standards for the aircraft safety. 2

3 Industry Overview Market Size The global aerospace testing market is expected to reach an estimated $5.4 billion by 2023 with a CAGR of 2.1% from 2018 to 2023. Emerging trends, which have a direct impact on the dynamics of the global aerospace testing industry, include new advanced technologies for testing aircraft such as 3D scanning and magnetic optic imagers. Market Size (2023)$5.4 billion CAGR (2018-23)2.1% 3 Industry Performance : Forecast


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