Himanshi Arya

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Global Aerospace Industry Test Bench Market Latest Trend, Growth, Application & Forecast 2027

The global aerospace industry test bench market was valued at USD 232.9 Million in 2019 and is projected to reach USD 279.7 Million by 2027, expanding at a CAGR of 3.9% during the forecast period. A test bench is used to integrate various airborne system components and provide for ground maintenance by simulating an aircraft installation. Different test bench are used for testing of engines, parts, and components of aircrafts and helicopters for civil and military applications. Companies are engaged in providing custom test benches to aircraft & helicopter manufacturers. The various features associated with the aerospace industry test bench include, human machine interface (HMI), programmable logic controller (PLC), data acquisition system, graphic display, test sink area, specifications testing & environmental qualifications, instrument verification set, torque calibration, ease of maintenance, and reliability demonstration test.

 

The market is driven by factors such as increasing government spending on testing military aircrafts & helicopters and rising air traffic across the globe. Moreover, the intensification in avionics manufacturing and development activities has boosted the demand for test benches in the aerospace industry. The production of commercial aircraft is rising due to the increase in air traffic and international trade. The air traffic across the globe is significantly increasing and had reached approximately 8.8 billion in 2018.

 

Global Aerospace Industry Test Benches Market Size (USD Million), Forecast and Y-o-Y Growth, 2017-2027 Global Aerospace Industry Test Benches Market, Absolute $ Opportunity, in USD

Mn, 2019-2027

279.7

        

pe3a
$3 o ~ xx
2329 $3 -
XX% -—
@
3
)
2017H 2018H 2019A 20200 20210 20220 20230 20249 20259 20260 20279 019 2020 2021 2022
Market Value —Y oY Growth ® Market Value

Key Takeaways

© left Figure represents the Global Aerospace Industry Test Benches Market size and forecast from 2017 to 2027, wherein 2017, 2018 are historic years, 2019 is the base/actual year and
forecast is provided from 2020 to 2027. The market is expected to witness moderate year on year between 2019 and 2020 owing to Covid 19 situation
© Right Figure represents the absolute $ opportunity between 2019 to 2027 in the Global Aerospace Industry Test Benches Market It indicates the availability of potential revenue generation

opportunity for each year The overall incremental opportunity between 2019 and 2027 is expected to be valued at USD xx Mn

xx

2023

I'd
Xx ~
. Hl
ol
2004 200% 2026 2027

® Abolute $ Opportunity

 

On the basis of type, the Global Aerospace Industry Test Bench Market is categorized as hydraulic test benches, mechanical test benches, fuel test system and iron bird. The hydraulic test benches segment is expected to grow at a significant pace during the forecast period due to increasing application of hydraulics systems in aircrafts for moving & actuating aircraft/helicopter parts, landing gear, flaps, and brake applications. Moreover, growing research and development pertaining to increasing testing of hydraulic systems and launch of innovative hydraulic systems in the aerospace industry is expected to create growth opportunities for the segment in the near future.

 

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