Aerospace Testing Market is expected to reach $5.3 Billion by 2025 – An exclusive market research report by Lucintel

Aerospace Testing Market is expected to reach $5.3 Billion by 2025 - An exclusive market research report by Lucintel

Trends and Forecast for the Global Aerospace Testing Market
Trends, opportunities, and forecast in aerospace testing market to 2025 by aircraft type (commercial/regional aircraft, business jet, helicopter, and military aircraft), by sourcing type (in-house testing and outsource testing), by method type (non-destructive testing and destructive testing), by component type (airframe, engine, and interior), and by region (North America, Europe, Asia Pacific, and the Rest of the World)

Lucintel’s latest market report analyzed that aerospace testing provides attractive opportunities in commercial/regional aircraft, business jets, helicopters, and military aircraft. The aerospace testing market is expected to reach $5.3 billion by 2025 with a CAGR of 0.7%. In this market, non-destructive testing is the largest segment by method type, whereas commercial aircraft is largest by aircraft type. New advanced technologies for testing aircraft, such as introduction of thin film ultrasonic sensor, sweeper scanner for ultrasonic testing and introduction of advanced NDT inspection device provides strategic growth path in this market.

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Based on method type, the aerospace testing market is segmented into non-destructive and destructive testing. The non-destructive testing segment accounted for the largest share of the market in 2020 and is expected to be the largest in the forecast period.

Browse in-depth TOC on “Aerospace Testing Market”

60 – Tables

79 – Figures

152 – Pages

The aerospace testing market is marked by the presence of several big and small players. Some of the prominent players offering aerospace testing include Airbus, Boeing, NTS, SGS, Mistras, Innertek, Exova, MTS, Cincinnati Sub-Zero, and Dayton T Brown.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].

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