Aerospace Testing Market by Material Testing, Environmental Testing, Structural/Component Testing, Avionics/Flight & Electronics Testing, Propulsion System Testing, In-house, Commercial, Military & Defence, Space Exploration - Global Forecast to 2029
The global aerospace testing was valued at USD 5.29 billion in 2024 and is projected to reach USD 6.68 billion by 2029; it is expected to register a CAGR of 4.8% during the forecast period. Several key factors that drive the aerospace testing market include stringent safety and regulatory standards, technological advancements and the growing global fleet of production and defence aircraft. The FAA and EASA regulatory bodies demand rigorous testing and quality checks; thus, advanced testing services are needed to continue and the demand is confirmed. Furthermore, given the ongoing advancement of the aerospace industry toward lightweight materials, additive manufacturing, and digitalization, more and more demand is being created for the specialized testing of new materials and complex components to assure durability and performance.
“The in-house sourcing segment of aerospace testing market is expected to have significant market share during the forecast period.”
During the forecast period, it is probable that the in-house sourcing segment will lead the market for aerospace testing as it provides aerospace manufacturers with control, customization, and confidentiality in the testing process. Companies utilizing in-house testing processes will also control their proprietary technology and sensitive data. This is a key function in the defense and aerospace industries. Additionally, in-house testing facilities enable the development of highly customized testing protocols that can enhance the efficiency of the R&D process for a specific product design based on the in-house testing facilities. As materials, propulsion systems, and avionics technology develop, the in-house facilities of manufacturers enable them to rapidly evolve and innovate with no reliance on third parties schedules, which increases lead times, and improves the quality control of their products.
“The Environmental Testing services to record significant growth rate during the forecast period”
During the forecast period, the aerospace testing market is poised to have a high expansion rate for environmental testing services, as an increasing number of aerospace components are being tested to find out if they will be able to withstand extreme temperatures and conditions. Due to the continued exposure of the aircraft to harsh environments, such as violent changes in temperature, high altitudes, humidity, and vibration, it has been necessary to test the components to ensure that they are able to stand up to these conditions without compromising the aircraft's safety or performance. Environmental tests are needed in order to validate newly developed materials and designs associated with portable, but revolutionary, new propulsion systems and fuel-saving efforts that are being developed as part of the move toward sustainable aviation in order to reduce fuel consumption.
“The Europe is likely to grow at the significant CAGR during the forecast period.”
Due to the increasing investments in aerospace innovation, defense, and commercial aviation, the aerospace testing market is poised to grow at a significant CAGR during the forecast period, with Europe being an area in focus. Countries such as France, Germany, and the UK are main leading aerospace manufacturing hubs whose demand for advanced services relies on the development of next generation aircraft, defense systems, and sustainable aviation technologies. More importantly, strict regulatory standards of agencies such as the EASA-European Union Aviation Safety Agency facilitate the need for extensive testing and compliance, thereby giving an impetus to market growth. Also, European green aviation and efforts toward low carbon emissions also help in supporting the demand for testing services that validate efficiency in technologies applied to fuel consumption.
Breakdown of primaries
The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
Research Coverage:
The report segments the aerospace testing market and forecasts its size by testing type, sourcing type, and vertical. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main regions—North America, Europe, Asia Pacific, and RoW. Supply chain analysis has been included in the report, along with the key players and their competitive analysis in the aerospace testing ecosystem.
Key Benefits to Buy the Report:
“The in-house sourcing segment of aerospace testing market is expected to have significant market share during the forecast period.”
During the forecast period, it is probable that the in-house sourcing segment will lead the market for aerospace testing as it provides aerospace manufacturers with control, customization, and confidentiality in the testing process. Companies utilizing in-house testing processes will also control their proprietary technology and sensitive data. This is a key function in the defense and aerospace industries. Additionally, in-house testing facilities enable the development of highly customized testing protocols that can enhance the efficiency of the R&D process for a specific product design based on the in-house testing facilities. As materials, propulsion systems, and avionics technology develop, the in-house facilities of manufacturers enable them to rapidly evolve and innovate with no reliance on third parties schedules, which increases lead times, and improves the quality control of their products.
“The Environmental Testing services to record significant growth rate during the forecast period”
During the forecast period, the aerospace testing market is poised to have a high expansion rate for environmental testing services, as an increasing number of aerospace components are being tested to find out if they will be able to withstand extreme temperatures and conditions. Due to the continued exposure of the aircraft to harsh environments, such as violent changes in temperature, high altitudes, humidity, and vibration, it has been necessary to test the components to ensure that they are able to stand up to these conditions without compromising the aircraft's safety or performance. Environmental tests are needed in order to validate newly developed materials and designs associated with portable, but revolutionary, new propulsion systems and fuel-saving efforts that are being developed as part of the move toward sustainable aviation in order to reduce fuel consumption.
“The Europe is likely to grow at the significant CAGR during the forecast period.”
Due to the increasing investments in aerospace innovation, defense, and commercial aviation, the aerospace testing market is poised to grow at a significant CAGR during the forecast period, with Europe being an area in focus. Countries such as France, Germany, and the UK are main leading aerospace manufacturing hubs whose demand for advanced services relies on the development of next generation aircraft, defense systems, and sustainable aviation technologies. More importantly, strict regulatory standards of agencies such as the EASA-European Union Aviation Safety Agency facilitate the need for extensive testing and compliance, thereby giving an impetus to market growth. Also, European green aviation and efforts toward low carbon emissions also help in supporting the demand for testing services that validate efficiency in technologies applied to fuel consumption.
Breakdown of primaries
The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
- By Company Type - Tier 1 – 55%, Tier 2 – 25%, Tier 3 – 20%
- By Designation—Directors - 50%, Managers - 30%, Others - 20%
- By Region— Asia Pacific - 20%, Europe - 30%, , North America - 45%, RoW - 5%
Research Coverage:
The report segments the aerospace testing market and forecasts its size by testing type, sourcing type, and vertical. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main regions—North America, Europe, Asia Pacific, and RoW. Supply chain analysis has been included in the report, along with the key players and their competitive analysis in the aerospace testing ecosystem.
Key Benefits to Buy the Report:
- Analysis of key drivers (Rising demand for commercial aircraft necessitates both initial and ongoing testing of new aircraft and their components, governments are investing heavily in military and defense aircraft, requiring rigorous testing, the advancement in new technology is evolving demand for specialized aerospace testing), restraint (The rapid advancement of aerospace technologies requires ongoing updates in testing methodologies and equipment), opportunity (Increased use of UAVs in commercial and defense applications drives demand for specialized testing, the shift toward sustainable aviation with alternative fuels, lightweight materials, and energy-efficient designs creates demand for testing, the development of advanced aircraft technologies creates a growing need for specialized testing.), challenges (the rapid advancement of aerospace technologies requires ongoing updates in testing methodologies and equipment)
- Service Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the aerospace testing market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the aerospace testing market across varied regions
- Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the aerospace testing market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Element Materials Technology (UK), SGS SA (Switzerland), Intertek Group plc (UK), Applus+ (Spain), TЬV SЬD (Germany), TЬV Rheinland (Germany), TЬV 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).
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED AND REGIONAL SCOPE
1.3.2 INCLUSIONS AND EXCLUSIONS
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH APPROACH
2.1.1 SECONDARY DATA
2.1.1.1 List of key secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Intended participants and key opinion leaders in primary interviews
2.1.2.2 Key data from primary sources
2.1.2.3 Key industry insights
2.1.2.4 Breakdown of primaries
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to estimate market size by bottom-up analysis
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to estimate market share by top-down analysis
2.3 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AEROSPACE TESTING MARKET
4.2 AEROSPACE TESTING MARKET, BY SOURCING TYPE
4.3 AEROSPACE TESTING MARKET, BY END USER
4.4 AEROSPACE TESTING MARKET, BY TESTING TYPE
4.5 AEROSPACE TESTING MARKET, BY REGION
5 MARKET OVERVIEW
5.1 MARKET DYNAMICS
5.1.1 DRIVERS
5.1.1.1 Rising demand for commercial aircraft in developing economies
5.1.1.2 Growing use of UAVs in military and commercial applications
5.1.1.3 Significant investments by governments in military and defense aircraft
5.1.2 RESTRAINTS
5.1.2.1 Complex and time-consuming testing process due to stringent regulations
5.1.3 OPPORTUNITIES
5.1.3.1 Development of advanced aircraft technologies creating need for specialized testing
5.1.3.2 Need for new testing methodologies to cater to evolving aerospace technologies
5.1.4 CHALLENGES
5.1.4.1 Budget constraints necessitating aerospace companies to
cut testing costs
5.2 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.3 SUPPLY CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
5.5 INVESTMENT AND FUNDING SCENARIO
5.6 TECHNOLOGY ANALYSIS
5.6.1 KEY TECHNOLOGIES
5.6.1.1 Additive manufacturing and robotics
5.6.1.2 Traditional molding
5.6.1.3 Automated lay-up
5.6.2 COMPLEMENTARY TECHNOLOGIES
5.6.2.1 Advanced placed ply
5.6.3 ADJACENT TECHNOLOGIES
5.6.3.1 Automated test equipment (ATE)
5.6.3.2 Data acquisition and control (DAQ) systems
5.7 PATENT ANALYSIS
5.8 TRADE ANALYSIS
5.8.1 IMPORT SCENARIO
5.8.2 EXPORT SCENARIO
5.9 KEY CONFERENCES AND EVENTS, 2024–2025
5.10 CASE STUDY ANALYSIS
5.10.1 CASE STUDY 1: VELOCITY COMPOSITES EXPANDS INTO US MARKET AND SUPPORTS GKN AEROSTRUCTURES
5.10.2 CASE STUDY 2: GKN AEROSPACE AND GE AEROSPACE EXTEND PARTNERSHIP FOR AEROENGINE DEVELOPMENT AND PRODUCTION
5.10.3 CASE STUDY 3: HEXCEL INTRODUCES LATEST HEXTOW CARBON FIBER INNOVATION
5.11 TARIFF AND REGULATORY LANDSCAPE
5.11.1 TARIFF ANALYSIS
5.11.2 REGULATORY ANALYSIS
5.11.2.1 Regulatory bodies, government agencies, and other organizations
5.11.2.2 Standards
5.12 PORTER'S FIVE FORCES ANALYSIS
5.12.1 THREAT OF NEW ENTRANTS
5.12.2 THREAT OF SUBSTITUTES
5.12.3 BARGAINING POWER OF SUPPLIERS
5.12.4 BARGAINING POWER OF BUYERS
5.12.5 INTENSITY OF COMPETITIVE RIVALRY
5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.13.2 BUYING CRITERIA
5.14 IMPACT OF AI/GEN AI ON AEROSPACE TESTING MARKET
5.14.1 INTRODUCTION
5.14.2 USE OF GEN AI IN AEROSPACE TESTING
5.14.3 IMPACT OF GEN AI ON AEROSPACE TESTING MARKET
6 AEROSPACE TESTING MARKET, BY SOURCING TYPE
6.1 INTRODUCTION
6.2 IN-HOUSE
6.2.1 IN-HOUSE TESTING ENABLES MAINTAINING CONTROL OVER PROPRIETARY DESIGNS, TECHNOLOGY, AND CLASSIFIED DATA
6.3 OUTSOURCED
6.3.1 OUTSOURCING ALLOWS AEROSPACE COMPANIES TO REDUCE TESTING COSTS
7 AEROSPACE TESTING MARKET, BY TESTING TYPE
7.1 INTRODUCTION
7.2 MATERIAL TESTING
7.2.1 INCREASED DEMAND FOR LIGHTWEIGHT MATERIALS TO DRIVE MARKET
7.3 FUEL TESTING
7.3.1 INCREASING GLOBAL REGULATIONS ON EMISSIONS AND FUEL EFFICIENCY DRIVING NEED FOR FUEL TESTING
7.4 ENVIRONMENTAL TESTING
7.4.1 ADOPTION OF NEW LIGHTWEIGHT, HIGH-STRENGTH MATERIALS NECESSITATING RIGOROUS ENVIRONMENTAL TESTING
7.5 STRUCTURAL/COMPONENT TESTING
7.5.1 RISING DEMAND FOR COMMERCIAL AND MILITARY AIRCRAFT FUELING STRUCTURAL AND COMPONENT TESTING
7.6 AVIONICS/FLIGHT & ELECTRONICS TESTING
7.6.1 DEVELOPMENT OF AUTONOMOUS FLYING SYSTEMS AND ELECTRIC AIRCRAFT FUELING DEMAND FOR INNOVATIVE TESTING METHODS
7.7 PROPULSION SYSTEM TESTING
7.7.1 GROWING INTEREST IN SPACE TRAVEL FUELING DEMAND FOR THOROUGH TESTING OF ROCKET PROPULSION SYSTEMS
7.8 OTHER TESTING TYPES
8 AEROSPACE TESTING MARKET, BY END USER
8.1 INTRODUCTION
8.2 COMMERCIAL
8.2.1 GROWING DEMAND FOR AIR TRAVEL NECESSITATING AIRLINES TO EXPAND THEIR FLEETS
8.3 MILITARY & DEFENSE
8.3.1 GROWING DEFENSE SPENDING ACROSS MAJOR COUNTRIES SUPPORTING MARKET GROWTH
8.4 SPACE EXPLORATION
8.4.1 INCREASING INVESTMENTS IN SPACE PROGRAMS TO DRIVE MARKET
8.5 OTHER END USERS
9 AEROSPACE TESTING MARKET, BY REGION
9.1 INTRODUCTION
9.2 NORTH AMERICA
9.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA
9.2.2 US
9.2.2.1 Presence of strong aviation sector fueling demand for aerospace testing
9.2.3 CANADA
9.2.3.1 Increasing investments in aerospace and defense sector to drive market
9.2.4 MEXICO
9.2.4.1 Expanding aerospace manufacturing sector to support market growth
9.3 EUROPE
9.3.1 MACROECONOMIC OUTLOOK FOR EUROPE
9.3.2 GERMANY
9.3.2.1 Focus on hydrogen and electric propulsion systems to drive testing needs for new aircraft technologies
9.3.3 UK
9.3.3.1 Advancements in drones and advanced fighter jets development driving aerospace testing market
9.3.4 FRANCE
9.3.4.1 Robust space sector fueling demand for aerospace testing
9.3.5 SPAIN
9.3.5.1 Presence of strong aircraft components manufacturing driving testing market
9.3.6 REST OF EUROPE
9.4 ASIA PACIFIC
9.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC
9.4.2 CHINA
9.4.2.1 Rapidly increasing air travel demand driving production of commercial aircraft
9.4.3 JAPAN
9.4.3.1 Increasing focus on cutting emissions and noise to drive testing for cleaner aerospace technologies
9.4.4 INDIA
9.4.4.1 Significant defense budget and emphasis on modernizing air capabilities to drive market
9.4.5 SOUTH KOREA
9.4.5.1 Focus on UAVs and autonomous systems for defense and commercial applications to drive market
9.4.6 AUSTRALIA
9.4.6.1 Rebound of commercial aviation industry and expansion of defense aircraft fleets to drive demand
9.4.7 REST OF ASIA PACIFIC
9.5 ROW
9.5.1 MACROECONOMIC OUTLOOK FOR ROW
9.5.2 SOUTH AMERICA
9.5.2.1 Rising passenger traffic and fleet expansion to drive demand for testing and certification
9.5.3 MIDDLE EAST & AFRICA
9.5.3.1 GCC
9.5.3.1.1 Investments in defense to enhance military capabilities and maintain regional security to support market growth
9.5.3.2 Rest of Middle East & Africa
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024
10.3 REVENUE ANALYSIS, 2020–2023
10.4 MARKET SHARE ANALYSIS, 2023
10.5 COMPANY VALUATION AND FINANCIAL METRICS, 2024
10.6 BRAND/PRODUCT COMPARISON
10.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
10.7.1 STARS
10.7.2 EMERGING LEADERS
10.7.3 PERVASIVE PLAYERS
10.7.4 PARTICIPANTS
10.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
10.7.5.1 Company footprint
10.7.5.2 Testing type footprint
10.7.5.3 End user footprint
10.7.5.4 Sourcing type footprint
10.7.5.5 Region footprint
10.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
10.8.1 PROGRESSIVE COMPANIES
10.8.2 RESPONSIVE COMPANIES
10.8.3 DYNAMIC COMPANIES
10.8.4 STARTING BLOCKS
10.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
10.8.5.1 Detailed list of key startups/SMEs
10.8.5.2 Competitive benchmarking of key startups/SMEs
10.9 COMPETITIVE SCENARIO AND TRENDS
10.9.1 DEALS
10.9.2 EXPANSIONS
10.9.3 OTHER DEVELOPMENTS
11 COMPANY PROFILES
11.1 KEY TESTING SERVICE PROVIDERS
11.1.1 ELEMENT MATERIALS TECHNOLOGY
11.1.1.1 Business overview
11.1.1.2 Products/Solutions/Services offered
11.1.1.3 Recent developments
11.1.1.3.1 Deals
11.1.1.3.2 Expansions
11.1.1.3.3 Other developments
11.1.1.4 MnM view
11.1.1.4.1 Key strengths
11.1.1.4.2 Strategic choices
11.1.1.4.3 Weaknesses and competitive threats
11.1.2 SGS SA
11.1.2.1 Business overview
11.1.2.2 Products/Products/Solutions/Services offered
11.1.2.3 Recent developments
11.1.2.3.1 Other developments
11.1.2.4 MnM view
11.1.2.4.1 Key strengths
11.1.2.4.2 Strategic choices
11.1.2.4.3 Weaknesses and competitive threats
11.1.3 INTERTEK GROUP PLC
11.1.3.1 Business overview
11.1.3.2 Product/Solution/Service offered
11.1.3.3 Recent developments
11.1.3.3.1 Deals
11.1.3.3.2 Expansions
11.1.3.4 MnM view
11.1.3.4.1 Key strengths
11.1.3.4.2 Strategic choices
11.1.3.4.3 Weaknesses and competitive threats
11.1.4 TЬV SЬD
11.1.4.1 Business overview
11.1.4.2 Products/Solutions/Services offered
11.1.4.3 MnM view
11.1.4.3.1 Key strengths
11.1.4.3.2 Strategic choices
11.1.4.3.3 Weaknesses and competitive threats
11.1.5 APPLUS+
11.1.5.1 Business overview
11.1.5.2 Products/Solutions/Services offered
11.1.5.3 Recent developments
11.1.5.3.1 Deals
11.1.5.4 MnM view
11.1.5.4.1 Key strengths
11.1.5.4.2 Strategic choices
11.1.5.4.3 Weaknesses and competitive threats
11.1.6 TЬV RHEINLAND
11.1.6.1 Business overview
11.1.6.2 Products/Solutions/Services offered
11.1.6.3 Recent developments
11.1.6.3.1 Deals
11.1.7 EUROFINS SCIENTIFIC
11.1.7.1 Business overview
11.1.7.2 Products/Solutions/Services offered
11.1.8 BUREAU VERITAS
11.1.8.1 Business overview
11.1.8.2 Products/Solutions/Services offered
11.1.8.3 Recent developments
11.1.8.3.1 Deals
11.1.8.3.2 Other developments
11.1.9 DEKRA
11.1.9.1 Business overview
11.1.9.2 Products/Solutions/Services offered
11.1.10 MISTRAS GROUP
11.1.10.1 Business overview
11.1.10.2 Products/Solutions/Services offered
11.2 OTHER TESTING SERVICE PROVIDERS
11.2.1 TESTEK SOLUTIONS
11.2.2 TEKTRONIX, INC.
11.2.3 ROHDE & SCHWARZ
11.2.4 DAYTON T. BROWN, INC.
11.2.5 MTS SYSTEMS
11.2.6 APPLIED TECHNICAL SERVICES
11.2.7 ALS
11.3 KEY AEROSPACE COMPANIES
11.3.1 THE BOEING COMPANY
11.3.1.1 Business overview
11.3.1.2 Products/Solutions/Services offered
11.3.1.3 Recent developments
11.3.1.3.1 Deals
11.3.2 AIRBUS
11.3.2.1 Business overview
11.3.2.2 Products/Solutions/Services offered
11.3.3 LOCKHEED MARTIN CORPORATION
11.3.3.1 Business overview
11.3.3.2 Products/Solutions/Services offered
11.3.4 NORTHROP GRUMMAN
11.3.4.1 Business overview
11.3.4.2 Products/Solutions/Services offered
11.3.5 COLLINS AEROSPACE
11.3.5.1 Business overview
11.3.5.2 Products/Solutions/Services offered
11.4 OTHER TESTING EQUIPMENT PROVIDERS
11.4.1 GE AEROSPACE
11.4.2 GENERAL DYNAMICS
11.4.3 MOOG INC.
11.4.4 LABORATORY TESTING INC.
12 APPENDIX
12.1 INSIGHTS FROM INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.4 CUSTOMIZATION OPTIONS
12.5 RELATED REPORTS
12.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED AND REGIONAL SCOPE
1.3.2 INCLUSIONS AND EXCLUSIONS
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH APPROACH
2.1.1 SECONDARY DATA
2.1.1.1 List of key secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Intended participants and key opinion leaders in primary interviews
2.1.2.2 Key data from primary sources
2.1.2.3 Key industry insights
2.1.2.4 Breakdown of primaries
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to estimate market size by bottom-up analysis
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to estimate market share by top-down analysis
2.3 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AEROSPACE TESTING MARKET
4.2 AEROSPACE TESTING MARKET, BY SOURCING TYPE
4.3 AEROSPACE TESTING MARKET, BY END USER
4.4 AEROSPACE TESTING MARKET, BY TESTING TYPE
4.5 AEROSPACE TESTING MARKET, BY REGION
5 MARKET OVERVIEW
5.1 MARKET DYNAMICS
5.1.1 DRIVERS
5.1.1.1 Rising demand for commercial aircraft in developing economies
5.1.1.2 Growing use of UAVs in military and commercial applications
5.1.1.3 Significant investments by governments in military and defense aircraft
5.1.2 RESTRAINTS
5.1.2.1 Complex and time-consuming testing process due to stringent regulations
5.1.3 OPPORTUNITIES
5.1.3.1 Development of advanced aircraft technologies creating need for specialized testing
5.1.3.2 Need for new testing methodologies to cater to evolving aerospace technologies
5.1.4 CHALLENGES
5.1.4.1 Budget constraints necessitating aerospace companies to
cut testing costs
5.2 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.3 SUPPLY CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
5.5 INVESTMENT AND FUNDING SCENARIO
5.6 TECHNOLOGY ANALYSIS
5.6.1 KEY TECHNOLOGIES
5.6.1.1 Additive manufacturing and robotics
5.6.1.2 Traditional molding
5.6.1.3 Automated lay-up
5.6.2 COMPLEMENTARY TECHNOLOGIES
5.6.2.1 Advanced placed ply
5.6.3 ADJACENT TECHNOLOGIES
5.6.3.1 Automated test equipment (ATE)
5.6.3.2 Data acquisition and control (DAQ) systems
5.7 PATENT ANALYSIS
5.8 TRADE ANALYSIS
5.8.1 IMPORT SCENARIO
5.8.2 EXPORT SCENARIO
5.9 KEY CONFERENCES AND EVENTS, 2024–2025
5.10 CASE STUDY ANALYSIS
5.10.1 CASE STUDY 1: VELOCITY COMPOSITES EXPANDS INTO US MARKET AND SUPPORTS GKN AEROSTRUCTURES
5.10.2 CASE STUDY 2: GKN AEROSPACE AND GE AEROSPACE EXTEND PARTNERSHIP FOR AEROENGINE DEVELOPMENT AND PRODUCTION
5.10.3 CASE STUDY 3: HEXCEL INTRODUCES LATEST HEXTOW CARBON FIBER INNOVATION
5.11 TARIFF AND REGULATORY LANDSCAPE
5.11.1 TARIFF ANALYSIS
5.11.2 REGULATORY ANALYSIS
5.11.2.1 Regulatory bodies, government agencies, and other organizations
5.11.2.2 Standards
5.12 PORTER'S FIVE FORCES ANALYSIS
5.12.1 THREAT OF NEW ENTRANTS
5.12.2 THREAT OF SUBSTITUTES
5.12.3 BARGAINING POWER OF SUPPLIERS
5.12.4 BARGAINING POWER OF BUYERS
5.12.5 INTENSITY OF COMPETITIVE RIVALRY
5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.13.2 BUYING CRITERIA
5.14 IMPACT OF AI/GEN AI ON AEROSPACE TESTING MARKET
5.14.1 INTRODUCTION
5.14.2 USE OF GEN AI IN AEROSPACE TESTING
5.14.3 IMPACT OF GEN AI ON AEROSPACE TESTING MARKET
6 AEROSPACE TESTING MARKET, BY SOURCING TYPE
6.1 INTRODUCTION
6.2 IN-HOUSE
6.2.1 IN-HOUSE TESTING ENABLES MAINTAINING CONTROL OVER PROPRIETARY DESIGNS, TECHNOLOGY, AND CLASSIFIED DATA
6.3 OUTSOURCED
6.3.1 OUTSOURCING ALLOWS AEROSPACE COMPANIES TO REDUCE TESTING COSTS
7 AEROSPACE TESTING MARKET, BY TESTING TYPE
7.1 INTRODUCTION
7.2 MATERIAL TESTING
7.2.1 INCREASED DEMAND FOR LIGHTWEIGHT MATERIALS TO DRIVE MARKET
7.3 FUEL TESTING
7.3.1 INCREASING GLOBAL REGULATIONS ON EMISSIONS AND FUEL EFFICIENCY DRIVING NEED FOR FUEL TESTING
7.4 ENVIRONMENTAL TESTING
7.4.1 ADOPTION OF NEW LIGHTWEIGHT, HIGH-STRENGTH MATERIALS NECESSITATING RIGOROUS ENVIRONMENTAL TESTING
7.5 STRUCTURAL/COMPONENT TESTING
7.5.1 RISING DEMAND FOR COMMERCIAL AND MILITARY AIRCRAFT FUELING STRUCTURAL AND COMPONENT TESTING
7.6 AVIONICS/FLIGHT & ELECTRONICS TESTING
7.6.1 DEVELOPMENT OF AUTONOMOUS FLYING SYSTEMS AND ELECTRIC AIRCRAFT FUELING DEMAND FOR INNOVATIVE TESTING METHODS
7.7 PROPULSION SYSTEM TESTING
7.7.1 GROWING INTEREST IN SPACE TRAVEL FUELING DEMAND FOR THOROUGH TESTING OF ROCKET PROPULSION SYSTEMS
7.8 OTHER TESTING TYPES
8 AEROSPACE TESTING MARKET, BY END USER
8.1 INTRODUCTION
8.2 COMMERCIAL
8.2.1 GROWING DEMAND FOR AIR TRAVEL NECESSITATING AIRLINES TO EXPAND THEIR FLEETS
8.3 MILITARY & DEFENSE
8.3.1 GROWING DEFENSE SPENDING ACROSS MAJOR COUNTRIES SUPPORTING MARKET GROWTH
8.4 SPACE EXPLORATION
8.4.1 INCREASING INVESTMENTS IN SPACE PROGRAMS TO DRIVE MARKET
8.5 OTHER END USERS
9 AEROSPACE TESTING MARKET, BY REGION
9.1 INTRODUCTION
9.2 NORTH AMERICA
9.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA
9.2.2 US
9.2.2.1 Presence of strong aviation sector fueling demand for aerospace testing
9.2.3 CANADA
9.2.3.1 Increasing investments in aerospace and defense sector to drive market
9.2.4 MEXICO
9.2.4.1 Expanding aerospace manufacturing sector to support market growth
9.3 EUROPE
9.3.1 MACROECONOMIC OUTLOOK FOR EUROPE
9.3.2 GERMANY
9.3.2.1 Focus on hydrogen and electric propulsion systems to drive testing needs for new aircraft technologies
9.3.3 UK
9.3.3.1 Advancements in drones and advanced fighter jets development driving aerospace testing market
9.3.4 FRANCE
9.3.4.1 Robust space sector fueling demand for aerospace testing
9.3.5 SPAIN
9.3.5.1 Presence of strong aircraft components manufacturing driving testing market
9.3.6 REST OF EUROPE
9.4 ASIA PACIFIC
9.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC
9.4.2 CHINA
9.4.2.1 Rapidly increasing air travel demand driving production of commercial aircraft
9.4.3 JAPAN
9.4.3.1 Increasing focus on cutting emissions and noise to drive testing for cleaner aerospace technologies
9.4.4 INDIA
9.4.4.1 Significant defense budget and emphasis on modernizing air capabilities to drive market
9.4.5 SOUTH KOREA
9.4.5.1 Focus on UAVs and autonomous systems for defense and commercial applications to drive market
9.4.6 AUSTRALIA
9.4.6.1 Rebound of commercial aviation industry and expansion of defense aircraft fleets to drive demand
9.4.7 REST OF ASIA PACIFIC
9.5 ROW
9.5.1 MACROECONOMIC OUTLOOK FOR ROW
9.5.2 SOUTH AMERICA
9.5.2.1 Rising passenger traffic and fleet expansion to drive demand for testing and certification
9.5.3 MIDDLE EAST & AFRICA
9.5.3.1 GCC
9.5.3.1.1 Investments in defense to enhance military capabilities and maintain regional security to support market growth
9.5.3.2 Rest of Middle East & Africa
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024
10.3 REVENUE ANALYSIS, 2020–2023
10.4 MARKET SHARE ANALYSIS, 2023
10.5 COMPANY VALUATION AND FINANCIAL METRICS, 2024
10.6 BRAND/PRODUCT COMPARISON
10.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
10.7.1 STARS
10.7.2 EMERGING LEADERS
10.7.3 PERVASIVE PLAYERS
10.7.4 PARTICIPANTS
10.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
10.7.5.1 Company footprint
10.7.5.2 Testing type footprint
10.7.5.3 End user footprint
10.7.5.4 Sourcing type footprint
10.7.5.5 Region footprint
10.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
10.8.1 PROGRESSIVE COMPANIES
10.8.2 RESPONSIVE COMPANIES
10.8.3 DYNAMIC COMPANIES
10.8.4 STARTING BLOCKS
10.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
10.8.5.1 Detailed list of key startups/SMEs
10.8.5.2 Competitive benchmarking of key startups/SMEs
10.9 COMPETITIVE SCENARIO AND TRENDS
10.9.1 DEALS
10.9.2 EXPANSIONS
10.9.3 OTHER DEVELOPMENTS
11 COMPANY PROFILES
11.1 KEY TESTING SERVICE PROVIDERS
11.1.1 ELEMENT MATERIALS TECHNOLOGY
11.1.1.1 Business overview
11.1.1.2 Products/Solutions/Services offered
11.1.1.3 Recent developments
11.1.1.3.1 Deals
11.1.1.3.2 Expansions
11.1.1.3.3 Other developments
11.1.1.4 MnM view
11.1.1.4.1 Key strengths
11.1.1.4.2 Strategic choices
11.1.1.4.3 Weaknesses and competitive threats
11.1.2 SGS SA
11.1.2.1 Business overview
11.1.2.2 Products/Products/Solutions/Services offered
11.1.2.3 Recent developments
11.1.2.3.1 Other developments
11.1.2.4 MnM view
11.1.2.4.1 Key strengths
11.1.2.4.2 Strategic choices
11.1.2.4.3 Weaknesses and competitive threats
11.1.3 INTERTEK GROUP PLC
11.1.3.1 Business overview
11.1.3.2 Product/Solution/Service offered
11.1.3.3 Recent developments
11.1.3.3.1 Deals
11.1.3.3.2 Expansions
11.1.3.4 MnM view
11.1.3.4.1 Key strengths
11.1.3.4.2 Strategic choices
11.1.3.4.3 Weaknesses and competitive threats
11.1.4 TЬV SЬD
11.1.4.1 Business overview
11.1.4.2 Products/Solutions/Services offered
11.1.4.3 MnM view
11.1.4.3.1 Key strengths
11.1.4.3.2 Strategic choices
11.1.4.3.3 Weaknesses and competitive threats
11.1.5 APPLUS+
11.1.5.1 Business overview
11.1.5.2 Products/Solutions/Services offered
11.1.5.3 Recent developments
11.1.5.3.1 Deals
11.1.5.4 MnM view
11.1.5.4.1 Key strengths
11.1.5.4.2 Strategic choices
11.1.5.4.3 Weaknesses and competitive threats
11.1.6 TЬV RHEINLAND
11.1.6.1 Business overview
11.1.6.2 Products/Solutions/Services offered
11.1.6.3 Recent developments
11.1.6.3.1 Deals
11.1.7 EUROFINS SCIENTIFIC
11.1.7.1 Business overview
11.1.7.2 Products/Solutions/Services offered
11.1.8 BUREAU VERITAS
11.1.8.1 Business overview
11.1.8.2 Products/Solutions/Services offered
11.1.8.3 Recent developments
11.1.8.3.1 Deals
11.1.8.3.2 Other developments
11.1.9 DEKRA
11.1.9.1 Business overview
11.1.9.2 Products/Solutions/Services offered
11.1.10 MISTRAS GROUP
11.1.10.1 Business overview
11.1.10.2 Products/Solutions/Services offered
11.2 OTHER TESTING SERVICE PROVIDERS
11.2.1 TESTEK SOLUTIONS
11.2.2 TEKTRONIX, INC.
11.2.3 ROHDE & SCHWARZ
11.2.4 DAYTON T. BROWN, INC.
11.2.5 MTS SYSTEMS
11.2.6 APPLIED TECHNICAL SERVICES
11.2.7 ALS
11.3 KEY AEROSPACE COMPANIES
11.3.1 THE BOEING COMPANY
11.3.1.1 Business overview
11.3.1.2 Products/Solutions/Services offered
11.3.1.3 Recent developments
11.3.1.3.1 Deals
11.3.2 AIRBUS
11.3.2.1 Business overview
11.3.2.2 Products/Solutions/Services offered
11.3.3 LOCKHEED MARTIN CORPORATION
11.3.3.1 Business overview
11.3.3.2 Products/Solutions/Services offered
11.3.4 NORTHROP GRUMMAN
11.3.4.1 Business overview
11.3.4.2 Products/Solutions/Services offered
11.3.5 COLLINS AEROSPACE
11.3.5.1 Business overview
11.3.5.2 Products/Solutions/Services offered
11.4 OTHER TESTING EQUIPMENT PROVIDERS
11.4.1 GE AEROSPACE
11.4.2 GENERAL DYNAMICS
11.4.3 MOOG INC.
11.4.4 LABORATORY TESTING INC.
12 APPENDIX
12.1 INSIGHTS FROM INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.4 CUSTOMIZATION OPTIONS
12.5 RELATED REPORTS
12.6 AUTHOR DETAILS
