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.
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60 – Tables
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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.
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