Global Aviation Test Equipment Market 2016-2020 report is the latest addition to RnRMarketResearch.com industry research reports collection. The size of an unmanned aircraft system (UAS) can range from a micro vehicle weighing a few pounds to a full-scale aircraft of several thousand pounds. These vehicles must be flight tested for efficient and safe operations. Though many classic flight test techniques have been developed to support manned flight-testing, they are directly applicable to UAS applications.
Complete report on aviation test equipment market spread across 76 pages, analyzing 5 major companies and provides 53 data exhibits is now available at http://www.rnrmarketresearch.com/global-aviation-test-equipment-market-2016-2020-market-report.html .
The analysts forecast global aviation test equipment market to grow at a CAGR of 3.96% during the period 2016-2020. According to the report, avionics test equipment is vital for any FAA repair station. The test equipment covers a broad spectrum of items ranging from signal generators and digital voltmeters to autopilot servo test stands for clutch torque evaluation. In addition, there are different types of equipment in each category, including large bench type equipment, which is primarily used for repair and alignment of the avionics.
In this industry research report, the analysts have estimated factors like the growing demand in emerging economies to propel the growth of the aviation test equipment market during the forecast period. Most aircraft flight-testing equipment manufacturers are moving to developing countries like Mexico, Brazil, Egypt, Libya, and Morocco. For instance, in 2010, AirAsia X signed a contract with Lufthansa Technik for maintenance, repair and overhaul services of its wide-body fleet of eight Airbus A330s and A340s. Therefore, the rising investments in emerging countries will aid in the growth of this market during the forecast period.
Order a copy of Global Aviation Test Equipment Market 2016-2020 report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=521128 .
During 2015, the Americas dominated the aviation test equipment market and is anticipated to reach more than USD 2.5 billion by 2020. The mergers of major airlines in the US has made the country’s airline industry the most profitable in the world market. These airlines are also investing in advanced actuation and test equipment systems to enhance their flight safety and operations, which will aid in the growth of this market in the coming years.
The aviation test equipment market is highly competitive due to the presence of several large vendors in the market. The vendors compete on the basis of cost, product quality, reliability, and aftermarket service. It is imperative for the vendors to provide cost-effective and high-quality test equipment to survive in the competition.
Key players in the Global Aviation Test Equipment Market: Boeing, Honeywell International Inc., Moog Inc., Rockwell Collins, and SPHEREA Test & Services. Other Prominent Vendors in the market are: 3M, Avionics, GE, Rolls-Royce, and Teradyne.
Further, the report states that the increasing costs of such autopilot systems pose a concern before conducting any performance testing of the aircraft.
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