Outsourcing to APAC Countries Will Significantly Boost the Global Aviation Test Equipment Market Through 2020, Says Technavio
By Business Wire News
By Business Wire News
According to the latest research study released by Technavio, the global aviation test equipment market is expected to reach over USD 7 billion in revenue by 2020.
This research report titled ‘Global Aviation Test Equipment Market 2016-2020’, provides an in-depth analysis of market growth in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments, including consumer electronics, transportation, and pneumatic.
Request sample report: http://bit.ly/1S6JSnU
“Aircraft flight-testing equipment manufacturers have moved toward developing regions like Mexico, Brazil, India, Egypt, Algeria, Libya, and Morocco. It offers an opportunity to third-party companies to partner with OEMs and create MRO service centers in these areas,” said Abhay Singh, one of Technavio’s lead analysts for aerospace components research.
“Asia is an emerging region in the long-haul international market, and it relies heavily on small and medium wide-body aircrafts. The region has a current fleet size of more than 1,500 wide-body aircraft that will likely be replaced by an additional 3,500 aircraft by 2034. Due to low labor costs, the North American region outsources almost 60% of their heavy maintenance MRO to Asia, which is also a primary source of income for vendors in this space,” added Abhay.
Market share by system in 2015
- Hydraulic 40.07%
- Electric 36.60%
- Pneumatic 23.33%
Source: Technavio research
Global aviation hydraulic systems market
The global aviation hydraulic systems market was valued at close to USD 2.4 billion in 2015. In narrow-body and regional aircraft, hydraulic systems are used to operate wheel brakes, retractable landing gear, and constant-speed propellers. However, these systems are used for flight control surfaces, wing flaps, and spoilers in wide-body aircrafts. The use of hydraulic systems has increased as such systems can deliver greater power without the consumption of too much space or weight. This attribute has significantly helped pilots in undertaking necessary mechanical tasks using reduced energy levels.
Global aviation electric systems market
The global aviation electric systems market was valued at close to USD 2.19 billion in 2015. Manufacturers are looking for greater aircraft performance optimization, reduced operating costs and gas emissions, and increased dispatch reliability. They use electric power for all non-propulsive systems.
Traditionally, aircraft systems were powered by a fusion of various secondary sources of energy such as hydraulic, pneumatic, mechanical, and electrical. Rapid technological advances in power electronics, flight control systems (FCS), high-density electric motors, power generation, electro-hydrostatic actuators, fault-tolerant architecture, and conversion systems have led to the development of MEAs.
Global aviation pneumatic systems market
The global aviation pneumatic systems segment was valued at close to USD 1.4 billion in 2015. Pneumatic power systems have been an alternative to mechanical and hydraulic systems because of its low-power applications. The use of compressed gas to power high-performance pneumatic system is economical than other technologies.
Earlier, few aircrafts were equipped with high-pressure pneumatic systems (3,000 psi). Fokker F27, a turboprop aircraft designed and built by the defunct Dutch aircraft manufacturer Fokker, are the last aircrafts to use this system. These systems operate similarly to hydraulic systems except that they employ air instead of liquid to transmit power. In addition, pneumatic systems are used for the operation of doors and starters, applying brakes, and emergency devices.
Browse related reports:
- Global Aviation Actuation Systems Market 2016-2020
- Global Military Aviation MRO Market 2015-2019
- Global Commercial Aviation Crew Management Systems Market 2016-2020
- Global Aviation Cyber Security Market 2015-2019
Purchase any three reports for the price of one by becoming a Technavio subscriber. Subscribing to Technavio’s reports allows you to download any three reports per month for the price of one. Contact firstname.lastname@example.org with your requirements and a link to our subscription platform.
Technaviois a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
If you are interested in more information, please contact our media team at email@example.com.