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Aviation test equipment Market will Reach USD 7,254 million by 2021, Globally

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Published By:Zion <strong>Market</strong> Research<br />

<strong>Aviation</strong> Test Equipment (Electric Systems Test Equipment, Hydraulic Systems Test Equipment,<br />

Pneumatic Systems Test Equipment) <strong>Market</strong> for Commercial <strong>Aviation</strong> Test Equipment and Military<br />

<strong>Aviation</strong> Test Equipment Application: Global Industry Perspective, Comprehensive Analysis, Size,<br />

Share, Growth, Segment, Trends and Forecast, 2015 – <strong>2021</strong><br />

Contact Us:<br />

4283, Express Lane, Suite 634-143,<br />

Sarasota, Florida 34249, United States<br />

Tel: +1-386-310-3803 GMT<br />

Tel: +49-322 210 92714<br />

USA/Canada Toll Free No.1-855-465-4651<br />

sales@zionmarketresearch.com


<strong>Aviation</strong> Test Equipment <strong>Market</strong><br />

Zion <strong>Market</strong> Research has published a new report titled “<strong>Aviation</strong> Test Equipment (Electric Systems,<br />

Hydraulic Systems, and Pneumatic Systems) <strong>Market</strong> for Commercial and Military Application: Global Industry<br />

Perspective, Comprehensive Analysis and Forecast, 2015 – <strong>2021</strong>.” According to the report, global demand<br />

for aviation <strong>test</strong> <strong>equipment</strong> market was valued at <strong>USD</strong> 5,631 <strong>million</strong> in 2015, and is expected to generate<br />

revenue of <strong>USD</strong> 7,<strong>254</strong> <strong>million</strong> <strong>by</strong> end of <strong>2021</strong>, growing at a CAGR of slightly above 3.7% between 2016 and<br />

<strong>2021</strong>.<br />

<strong>Aviation</strong> <strong>test</strong> <strong>equipment</strong>s play very crucial role in assuring safety of an aircraft in its operation. These <strong>test</strong><br />

<strong>equipment</strong>s are mainly used for aircraft, artificial satellites, and spacecraft <strong>test</strong>ing. Advancement in <strong>test</strong>ing<br />

technology helps to support the needs of commercial and military aircraft manufacturers globally. <strong>Aviation</strong> is<br />

the practical aspect of aeronautics, which includes design, production, development, operation of aircraft,<br />

particularly heavier than air aircraft.<br />

Browse the full "<strong>Aviation</strong> Test Equipment (Electric Systems Test Equipment, Hydraulic Systems Test<br />

Equipment, Pneumatic Systems Test Equipment) <strong>Market</strong> for Commercial <strong>Aviation</strong> Test Equipment<br />

and Military <strong>Aviation</strong> Test Equipment Application: Global Industry Perspective, Comprehensive<br />

Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – <strong>2021</strong>" report<br />

at https://www.zionmarketresearch.com/report/aviation-<strong>test</strong>-<strong>equipment</strong>-market<br />

The aviation <strong>test</strong> <strong>equipment</strong> market is mainly driven <strong>by</strong> rising R&D activities of aviation <strong>test</strong> <strong>equipment</strong>s, and<br />

growth in worldwide aerospace and defense industry. Rising demand from commercial aerospace and<br />

increasing use of software adaptable solution is expected to fuel the aviation <strong>test</strong> <strong>equipment</strong> market in the<br />

near future. However, sustainment of legacy platforms may pose challenge to the market growth in the near


<strong>Aviation</strong> Test Equipment <strong>Market</strong><br />

future. Several <strong>test</strong> developers in the <strong>test</strong> <strong>equipment</strong> market are greatly challenged <strong>by</strong> the rising demand for<br />

advanced calibrated <strong>equipment</strong> and avionics systems.<br />

The aviation <strong>test</strong> <strong>equipment</strong> market is segmented on the basis of different types of system including electric<br />

systems <strong>test</strong> <strong>equipment</strong>, hydraulic systems <strong>test</strong> <strong>equipment</strong>, and pneumatic systems <strong>test</strong> <strong>equipment</strong>. In term of<br />

revenue, hydraulic systems <strong>test</strong> <strong>equipment</strong> was the largest segment in 2015 and accounted for over 38.49%


<strong>Aviation</strong> Test Equipment <strong>Market</strong><br />

share of the overall market in 2015. Electric systems <strong>test</strong> <strong>equipment</strong> was another key outlet for aviation <strong>test</strong><br />

<strong>equipment</strong> market. The aviation industry is revolutionizing energy systems on board aircraft, which would<br />

expect to see pneumatic and hydraulic power slowly being replaced <strong>by</strong> electricity.<br />

Various application segments of aviation <strong>test</strong> <strong>equipment</strong> market include commercial and military sectors. In<br />

terms of revenue, commercial aviation <strong>test</strong> <strong>equipment</strong> was leading segment in aviation <strong>test</strong> <strong>equipment</strong> market<br />

and accounted for over 58.9% market share of total market in 2015.<br />

Get sample report visit at https://www.zionmarketresearch.com/sample/aviation-<strong>test</strong><strong>equipment</strong>-market<br />

Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle<br />

East and Africa. North America obtained the majority of share aviation <strong>test</strong> <strong>equipment</strong> market in 2015 and<br />

accounted for over 35.26% of the overall market. The merger of major airlines in the U.S. has made the<br />

airline industry in this region the most profitable in the worldwide. North America followed <strong>by</strong> Europe. Asia<br />

Pacific is predicted to be the fas<strong>test</strong> growing region in the estimate period.<br />

This market is highly competitive where players are competing on the basis of cost, reliability, product<br />

quality, and aftermarket service. Some of the key players in aviation <strong>test</strong> <strong>equipment</strong> market include Boeing,<br />

Honeywell International, Inc., Moog Inc., SPHEREA Test & Services (SPHEREA), Rockwell Collins, Airbus, and<br />

Teradyne Inc.<br />

The report segments the global aviation <strong>test</strong> <strong>equipment</strong> market as:<br />

<strong>Aviation</strong> Test Equipment <strong>Market</strong>: System Segment Analysis


<strong>Aviation</strong> Test Equipment <strong>Market</strong><br />

<br />

<br />

<br />

Electric Systems Test Equipment<br />

Hydraulic Systems Test Equipment<br />

Pneumatic Systems Test Equipment<br />

<strong>Aviation</strong> Test Equipment <strong>Market</strong>: Product Segment Analysis<br />

<br />

<br />

Commercial <strong>Aviation</strong> Test Equipment<br />

Military <strong>Aviation</strong> Test Equipment<br />

<strong>Aviation</strong> Test Equipment <strong>Market</strong>: Regional Segment Analysis<br />

<br />

<br />

<br />

<br />

<br />

North America<br />

Europe<br />

Asia Pacific<br />

Latin America<br />

Middle East and Africa<br />

Get sample report visit at https://www.zionmarketresearch.com/sample/aviation-<strong>test</strong><strong>equipment</strong>-market


<strong>Aviation</strong> Test Equipment <strong>Market</strong><br />

Browse the full "<strong>Aviation</strong> Test Equipment (Electric Systems Test Equipment, Hydraulic<br />

Systems Test Equipment, Pneumatic Systems Test Equipment) <strong>Market</strong> for Commercial<br />

<strong>Aviation</strong> Test Equipment and Military <strong>Aviation</strong> Test Equipment Application: Global<br />

Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends<br />

and Forecast, 2015 – <strong>2021</strong>" report at https://www.zionmarketresearch.com/report/aviation<strong>test</strong>-<strong>equipment</strong>-market<br />

Zion <strong>Market</strong> Research<br />

Address: 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United States<br />

Tel: +1-386-310-3803 GMT<br />

+49-322 210 92714 Tel: +1-855-465-4651 (US/CAN TOLL FREE)<br />

Email: sales@zionmarketresearch.comWeb:www.zionmarketresearch.com

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