Research and Markets has announced it has added Aerospace Testing Report: Trends, Forecast and Competitive Analysis report to ResearchAndMarkets.com´s offering, the company said.
The global aerospace testing market is expected to reach an estimated USD 5.7 billion by 2025 with a CAGR of 1.8% from 2020 to 2025.
The future of the global aerospace testing market looks promising with opportunities in commercial/regional aircraft, business jets, helicopters, and military aircraft. The major drivers for this market are increasing aircraft deliveries, adoption of new materials in aircraft, and stringent aviation regulations & certification standards for aircraft safety.
Emerging trends, which have a direct impact on the dynamics of the industry, include new advanced technologies for testing aircraft, such as the introduction of thin-film ultrasonic sensor, sweeper scanner for ultrasonic testing and introduction of advanced NDT inspection device.
Airbus, Boeing, NTS, SGS, Mistras, Innertek, Exova, MTS, Cincinnati Sub-Zero, and Dayton T Brown are among the major providers of aerospace testing.