航空宇宙試験市場 – 2029年までの世界予測

Aerospace Testing Market - Global Forecast to 2029

航空宇宙試験市場 - 材料試験、環境試験、構造/コンポーネント試験、航空電子工学/飛行および電子機器試験、推進システム試験、社内、商業、軍事および防衛、宇宙探査 - 2029年までの世界予測
Aerospace Testing Market by Material Testing, Environmental Testing, Structural/Component Testing, Avionics/Flight & Electronics Testing, Propulsion System Testing, In-house, Commercial, Military & Defence, Space Exploration - Global Forecast to 2029

商品番号 : SMB-68876

出版社MarketsandMarkets
出版年月2024年11月
ページ数271
図表数282
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The global aerospace testing was valued at USD 5.29 billion in 2024 and is projected to reach USD 6.68 billion by 2029; it is expected to register a CAGR of 4.8% during the forecast period.

世界の航空宇宙試験は、2024 年に 52 億 9,000 万米ドルと評価され、2029 年までに 66 億 8,000 万米ドルに達すると予測されています。予測期間中に4.8%のCAGRを記録すると予想されます

Several key factors that drive the aerospace testing market include stringent safety and regulatory standards, technological advancements and the growing global fleet of production and defence aircraft. The FAA and EASA regulatory bodies demand rigorous testing and quality checks; thus, advanced testing services are needed to continue and the demand is confirmed. Furthermore, given the ongoing advancement of the aerospace industry toward lightweight materials, additive manufacturing, and digitalization, more and more demand is being created for the specialized testing of new materials and complex components to assure durability and performance.

航空宇宙試験市場 - 2029年までの世界予測
certificate-testing-market_oveview

“The in-house sourcing segment of aerospace testing market is expected to have significant market share during the forecast period.”

During the forecast period, it is probable that the in-house sourcing segment will lead the market for aerospace testing as it provides aerospace manufacturers with control, customization, and confidentiality in the testing process. Companies utilizing in-house testing processes will also control their proprietary technology and sensitive data. This is a key function in the defense and aerospace industries. Additionally, in-house testing facilities enable the development of highly customized testing protocols that can enhance the efficiency of the R&D process for a specific product design based on the in-house testing facilities. As materials, propulsion systems, and avionics technology develop, the in-house facilities of manufacturers enable them to rapidly evolve and innovate with no reliance on third parties schedules, which increases lead times, and improves the quality control of their products.

航空宇宙試験市場 - 2029年までの世界予測 12
certificate-testing-market-impact

“The Environmental Testing services to record significant growth rate during the forecast period”

During the forecast period, the aerospace testing market is poised to have a high expansion rate for environmental testing services, as an increasing number of aerospace components are being tested to find out if they will be able to withstand extreme temperatures and conditions. Due to the continued exposure of the aircraft to harsh environments, such as violent changes in temperature, high altitudes, humidity, and vibration, it has been necessary to test the components to ensure that they are able to stand up to these conditions without compromising the aircraft’s safety or performance. Environmental tests are needed in order to validate newly developed materials and designs associated with portable, but revolutionary, new propulsion systems and fuel-saving efforts that are being developed as part of the move toward sustainable aviation in order to reduce fuel consumption.

“The Europe is likely to grow at the significant CAGR during the forecast period.”

Due to the increasing investments in aerospace innovation, defense, and commercial aviation, the aerospace testing market is poised to grow at a significant CAGR during the forecast period, with Europe being an area in focus. Countries such as France, Germany, and the UK are main leading aerospace manufacturing hubs whose demand for advanced services relies on the development of next generation aircraft, defense systems, and sustainable aviation technologies. More importantly, strict regulatory standards of agencies such as the EASA-European Union Aviation Safety Agency facilitate the need for extensive testing and compliance, thereby giving an impetus to market growth. Also, European green aviation and efforts toward low carbon emissions also help in supporting the demand for testing services that validate efficiency in technologies applied to fuel consumption.

航空宇宙試験市場 - 2029年までの世界予測 region
certificate-testing-market-region

Breakdown of primaries

The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

  • By Company Type – Tier 1 – 55%, Tier 2 – 25%, Tier 3 – 20%
  • By Designation—Directors – 50%, Managers – 30%, Others – 20%
  • By Region— Asia Pacific – 20%, Europe – 30%, , North America – 45%, RoW – 5%

The aerospace testing market is dominated by a few globally established players such as Element Materials Technology (UK), SGS SA (Switzerland), Intertek Group plc (UK), Applus+ (Spain), TÜV SÜD (Germany), TÜV Rheinland (Germany), TÜV NORD Group (Germany), Rohde & Schwarz (Germany), Eurofins Scientific (Luxembourg), The Boeing Company (US), Airbus (Netherlands), MISTRAS Group (US), Lockheed Martin Corporation (US), Bureau Veritas (France), and  DEKRA (Germany). The study includes an in-depth competitive analysis of these key players in the aerospace testing market, with their company profiles, recent developments, and key market strategies.

航空宇宙試験市場 - 2029年までの世界予測 ecosystem
certificate-testing-market-ecosystem

Research Coverage:

The report segments the aerospace testing market and forecasts its size by testing type, sourcing type, and vertical. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main regions—North America, Europe, Asia Pacific, and RoW. Supply chain analysis has been included in the report, along with the key players and their competitive analysis in the aerospace testing ecosystem.

Key Benefits to Buy the Report:

  • Analysis of key drivers (Rising demand for commercial aircraft necessitates both initial and ongoing testing of new aircraft and their components, governments are investing heavily in military and defense aircraft, requiring rigorous testing, the advancement in new technology is evolving demand for specialized aerospace testing), restraint (The rapid advancement of aerospace technologies requires ongoing updates in testing methodologies and equipment), opportunity (Increased use of UAVs in commercial and defense applications drives demand for specialized testing, the shift toward sustainable aviation with alternative fuels, lightweight materials, and energy-efficient designs creates demand for testing, the development of advanced aircraft technologies creates a growing need for specialized testing.), challenges (the rapid advancement of aerospace technologies requires ongoing updates in testing methodologies and equipment)
  • Service Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the aerospace testing market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the aerospace testing market across varied regions
  • Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the aerospace testing market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Element Materials Technology (UK), SGS SA (Switzerland), Intertek Group plc (UK), Applus+ (Spain), TÜV SÜD (Germany), TÜV Rheinland (Germany), TÜV NORD Group (Germany), Rohde & Schwarz (Germany), Eurofins Scientific (Luxembourg), The Boeing Company (US), Airbus (Netherlands), MISTRAS Group (US), Lockheed Martin Corporation (US), Bureau Veritas (France), and DEKRA (Germany).

Table of Contents

1               INTRODUCTION              24

1.1           STUDY OBJECTIVES       24

1.2           MARKET DEFINITION   24

1.3           STUDY SCOPE   25

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      25

1.3.2        INCLUSIONS AND EXCLUSIONS 26

1.3.3        YEARS CONSIDERED      26

1.4           CURRENCY CONSIDERED            27

1.5           LIMITATIONS    27

1.6           STAKEHOLDERS               27

1.7           SUMMARY OF CHANGES               27

2               RESEARCH METHODOLOGY       29

2.1           RESEARCH APPROACH  29

2.1.1        SECONDARY DATA          30

2.1.1.1    List of key secondary sources              30

2.1.1.2    Key data from secondary sources       31

2.1.2        PRIMARY DATA 31

2.1.2.1    Intended participants and key opinion leaders in primary interviews               32

2.1.2.2    Key data from primary sources           32

2.1.2.3    Key industry insights           33

2.1.2.4    Breakdown of primaries      33

2.1.3        SECONDARY AND PRIMARY RESEARCH 34

2.2           MARKET SIZE ESTIMATION         34

2.2.1        BOTTOM-UP APPROACH              36

2.2.1.1    Approach to estimate market size by bottom-up analysis                 36

2.2.2        TOP-DOWN APPROACH                37

2.2.2.1    Approach to estimate market share by top-down analysis                 37

2.3           DATA TRIANGULATION                38

2.4           RESEARCH ASSUMPTIONS           39

2.5           RISK ASSESSMENT           40

3               EXECUTIVE SUMMARY  41

4               PREMIUM INSIGHTS       45

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AEROSPACE TESTING MARKET 45

4.2           AEROSPACE TESTING MARKET, BY SOURCING TYPE                 45

4.3           AEROSPACE TESTING MARKET, BY END USER   46

4.4           AEROSPACE TESTING MARKET, BY TESTING TYPE                 46

4.5           AEROSPACE TESTING MARKET, BY REGION        47

5               MARKET OVERVIEW       48

5.1           MARKET DYNAMICS       48

5.1.1        DRIVERS               48

5.1.1.1    Rising demand for commercial aircraft in developing economies                 48

5.1.1.2    Growing use of UAVs in military and commercial applications                 49

5.1.1.3    Significant investments by governments in military and defense aircraft    49

5.1.2        RESTRAINTS      51

5.1.2.1    Complex and time-consuming testing process due to stringent regulations             51

5.1.3        OPPORTUNITIES              52

5.1.3.1    Development of advanced aircraft technologies creating need for specialized testing                 52

5.1.3.2    Need for new testing methodologies to cater to evolving aerospace technologies        53

5.1.4        CHALLENGES    53

5.1.4.1    Budget constraints necessitating aerospace companies to

cut testing costs    53

5.2           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            54

5.3           SUPPLY CHAIN ANALYSIS             55

5.4           ECOSYSTEM ANALYSIS  57

5.5           INVESTMENT AND FUNDING SCENARIO               59

5.6           TECHNOLOGY ANALYSIS             59

5.6.1        KEY TECHNOLOGIES     59

5.6.1.1    Additive manufacturing and robotics                59

5.6.1.2    Traditional molding             60

5.6.1.3    Automated lay-up 60

5.6.2        COMPLEMENTARY TECHNOLOGIES       61

5.6.2.1    Advanced placed ply             61

5.6.3        ADJACENT TECHNOLOGIES       61

5.6.3.1    Automated test equipment (ATE)    61

5.6.3.2    Data acquisition and control (DAQ) systems 61

5.7           PATENT ANALYSIS          62

5.8           TRADE ANALYSIS             63

5.8.1        IMPORT SCENARIO         63

5.8.2        EXPORT SCENARIO         65

5.9           KEY CONFERENCES AND EVENTS, 2024–2025        66

5.10         CASE STUDY ANALYSIS 66

5.10.1      CASE STUDY 1: VELOCITY COMPOSITES EXPANDS INTO US MARKET AND SUPPORTS GKN AEROSTRUCTURES    66

5.10.2      CASE STUDY 2: GKN AEROSPACE AND GE AEROSPACE EXTEND PARTNERSHIP FOR AEROENGINE DEVELOPMENT AND PRODUCTION   67

5.10.3      CASE STUDY 3: HEXCEL INTRODUCES LATEST HEXTOW CARBON FIBER INNOVATION    68

5.11         TARIFF AND REGULATORY LANDSCAPE               69

5.11.1      TARIFF ANALYSIS             69

5.11.2      REGULATORY ANALYSIS               69

5.11.2.1  Regulatory bodies, government agencies, and other organizations                 69

5.11.2.2  Standards               71

5.12         PORTER’S FIVE FORCES ANALYSIS            72

5.12.1      THREAT OF NEW ENTRANTS      73

5.12.2      THREAT OF SUBSTITUTES          73

5.12.3      BARGAINING POWER OF SUPPLIERS       73

5.12.4      BARGAINING POWER OF BUYERS             73

5.12.5      INTENSITY OF COMPETITIVE RIVALRY 74

5.13         KEY STAKEHOLDERS AND BUYING CRITERIA     74

5.13.1      KEY STAKEHOLDERS IN BUYING PROCESS           74

5.13.2      BUYING CRITERIA           75

5.14         IMPACT OF AI/GEN AI ON AEROSPACE TESTING MARKET               76

5.14.1      INTRODUCTION              76

5.14.2      USE OF GEN AI IN AEROSPACE TESTING               77

5.14.3      IMPACT OF GEN AI ON AEROSPACE TESTING MARKET                 78

6               AEROSPACE TESTING MARKET, BY SOURCING TYPE                 79

6.1           INTRODUCTION              80

6.2           IN-HOUSE           81

6.2.1        IN-HOUSE TESTING ENABLES MAINTAINING CONTROL OVER PROPRIETARY DESIGNS, TECHNOLOGY, AND CLASSIFIED DATA    81

6.3           OUTSOURCED  81

6.3.1        OUTSOURCING ALLOWS AEROSPACE COMPANIES TO REDUCE TESTING COSTS             81

7               AEROSPACE TESTING MARKET, BY TESTING TYPE                 83

7.1           INTRODUCTION              84

7.2           MATERIAL TESTING       85

7.2.1        INCREASED DEMAND FOR LIGHTWEIGHT MATERIALS TO DRIVE MARKET         85

7.3           FUEL TESTING  89

7.3.1        INCREASING GLOBAL REGULATIONS ON EMISSIONS AND FUEL EFFICIENCY DRIVING NEED FOR FUEL TESTING                 89

7.4           ENVIRONMENTAL TESTING       93

7.4.1        ADOPTION OF NEW LIGHTWEIGHT, HIGH-STRENGTH MATERIALS NECESSITATING RIGOROUS ENVIRONMENTAL TESTING              93

7.5           STRUCTURAL/COMPONENT TESTING  96

7.5.1        RISING DEMAND FOR COMMERCIAL AND MILITARY AIRCRAFT FUELING STRUCTURAL AND COMPONENT TESTING                 96

7.6           AVIONICS/FLIGHT & ELECTRONICS TESTING    100

7.6.1        DEVELOPMENT OF AUTONOMOUS FLYING SYSTEMS AND ELECTRIC AIRCRAFT FUELING DEMAND FOR INNOVATIVE TESTING METHODS       100

7.7           PROPULSION SYSTEM TESTING                103

7.7.1        GROWING INTEREST IN SPACE TRAVEL FUELING DEMAND FOR THOROUGH TESTING OF ROCKET PROPULSION SYSTEMS              103

7.8           OTHER TESTING TYPES                107

8               AEROSPACE TESTING MARKET, BY END USER   111

8.1           INTRODUCTION              112

8.2           COMMERCIAL   113

8.2.1        GROWING DEMAND FOR AIR TRAVEL NECESSITATING AIRLINES TO EXPAND THEIR FLEETS     113

8.3           MILITARY & DEFENSE   114

8.3.1        GROWING DEFENSE SPENDING ACROSS MAJOR COUNTRIES SUPPORTING MARKET GROWTH    114

8.4           SPACE EXPLORATION   115

8.4.1        INCREASING INVESTMENTS IN SPACE PROGRAMS TO DRIVE MARKET 115

8.5           OTHER END USERS         116

9               AEROSPACE TESTING MARKET, BY REGION        118

9.1           INTRODUCTION              119

9.2           NORTH AMERICA             121

9.2.1        MACROECONOMIC OUTLOOK FOR NORTH AMERICA                 121

9.2.2        US           124

9.2.2.1    Presence of strong aviation sector fueling demand for aerospace testing    124

9.2.3        CANADA               125

9.2.3.1    Increasing investments in aerospace and defense sector to drive market    125

9.2.4        MEXICO                127

9.2.4.1    Expanding aerospace manufacturing sector to support market growth    127

9.3           EUROPE               128

9.3.1        MACROECONOMIC OUTLOOK FOR EUROPE      128

9.3.2        GERMANY           131

9.3.2.1    Focus on hydrogen and electric propulsion systems to drive testing needs for new aircraft technologies      131

9.3.3        UK          133

9.3.3.1    Advancements in drones and advanced fighter jets development driving aerospace testing market       133

9.3.4        FRANCE                134

9.3.4.1    Robust space sector fueling demand for aerospace testing                 134

9.3.5        SPAIN    136

9.3.5.1    Presence of strong aircraft components manufacturing driving testing market       136

9.3.6        REST OF EUROPE             137

9.4           ASIA PACIFIC     138

9.4.1        MACROECONOMIC OUTLOOK FOR ASIA PACIFIC                 139

9.4.2        CHINA  142

9.4.2.1    Rapidly increasing air travel demand driving production of commercial aircraft               142

9.4.3        JAPAN   143

9.4.3.1    Increasing focus on cutting emissions and noise to drive testing for cleaner aerospace technologies    143

9.4.4        INDIA    145

9.4.4.1    Significant defense budget and emphasis on modernizing air capabilities to drive market 145

9.4.5        SOUTH KOREA  146

9.4.5.1    Focus on UAVs and autonomous systems for defense and commercial applications to drive market          146

9.4.6        AUSTRALIA         147

9.4.6.1    Rebound of commercial aviation industry and expansion of defense aircraft fleets to drive demand             147

9.4.7        REST OF ASIA PACIFIC   149

9.5           ROW      150

9.5.1        MACROECONOMIC OUTLOOK FOR ROW              150

9.5.2        SOUTH AMERICA             153

9.5.2.1    Rising passenger traffic and fleet expansion to drive demand for testing and certification       153

9.5.3        MIDDLE EAST & AFRICA                155

9.5.3.1    GCC       156

9.5.3.1.1 Investments in defense to enhance military capabilities and maintain regional security to support market growth     156

9.5.3.2    Rest of Middle East & Africa               157

10            COMPETITIVE LANDSCAPE         159

10.1         OVERVIEW          159

10.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024                 159

10.3         REVENUE ANALYSIS, 2020–2023  162

10.4         MARKET SHARE ANALYSIS, 2023                 162

10.5         COMPANY VALUATION AND FINANCIAL METRICS, 2024                 165

10.6         BRAND/PRODUCT COMPARISON             166

10.7         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023                 166

10.7.1      STARS   166

10.7.2      EMERGING LEADERS     167

10.7.3      PERVASIVE PLAYERS      167

10.7.4      PARTICIPANTS 167

10.7.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023         168

10.7.5.1  Company footprint               168

10.7.5.2  Testing type footprint          169

10.7.5.3  End user footprint                 170

10.7.5.4  Sourcing type footprint        171

10.7.5.5  Region footprint   172

10.8         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023        172

10.8.1      PROGRESSIVE COMPANIES         172

10.8.2      RESPONSIVE COMPANIES            173

10.8.3      DYNAMIC COMPANIES  173

10.8.4      STARTING BLOCKS         173

10.8.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023                 174

10.8.5.1  Detailed list of key startups/SMEs    174

10.8.5.2  Competitive benchmarking of key startups/SMEs          175

10.9         COMPETITIVE SCENARIO AND TRENDS                176

10.9.1      DEALS  176

10.9.2      EXPANSIONS     182

10.9.3      OTHER DEVELOPMENTS              184

11            COMPANY PROFILES      188

11.1         KEY TESTING SERVICE PROVIDERS         188

11.1.1      ELEMENT MATERIALS TECHNOLOGY    188

11.1.1.1  Business overview 188

11.1.1.2  Products/Solutions/Services offered 189

11.1.1.3  Recent developments           193

11.1.1.3.1                Deals      193

11.1.1.3.2                Expansions             195

11.1.1.3.3                Other developments             196

11.1.1.4  MnM view              197

11.1.1.4.1                Key strengths        197

11.1.1.4.2                Strategic choices   198

11.1.1.4.3                Weaknesses and competitive threats 198

11.1.2      SGS SA  199

11.1.2.1  Business overview 199

11.1.2.2  Products/Products/Solutions/Services offered                201

11.1.2.3  Recent developments           201

11.1.2.3.1                Other developments             201

11.1.2.4  MnM view              202

11.1.2.4.1                Key strengths        202

11.1.2.4.2                Strategic choices   202

11.1.2.4.3                Weaknesses and competitive threats 202

11.1.3      INTERTEK GROUP PLC  203

11.1.3.1  Business overview 203

11.1.3.2  Product/Solution/Service offered      204

11.1.3.3  Recent developments           206

11.1.3.3.1                Deals      206

11.1.3.3.2                Expansions             207

11.1.3.4  MnM view              208

11.1.3.4.1                Key strengths        208

11.1.3.4.2                Strategic choices   208

11.1.3.4.3                Weaknesses and competitive threats 209

11.1.4      TÜV SÜD              210

11.1.4.1  Business overview 210

11.1.4.2  Products/Solutions/Services offered 211

11.1.4.3  MnM view              212

11.1.4.3.1                Key strengths        212

11.1.4.3.2                Strategic choices   212

11.1.4.3.3                Weaknesses and competitive threats 212

11.1.5      APPLUS+              213

11.1.5.1  Business overview 213

11.1.5.2  Products/Solutions/Services offered 214

11.1.5.3  Recent developments           215

11.1.5.3.1                Deals      215

11.1.5.4  MnM view              216

11.1.5.4.1                Key strengths        216

11.1.5.4.2                Strategic choices   216

11.1.5.4.3                Weaknesses and competitive threats 217

11.1.6      TÜV RHEINLAND             218

11.1.6.1  Business overview 218

11.1.6.2  Products/Solutions/Services offered 219

11.1.6.3  Recent developments           220

11.1.6.3.1                Deals      220

11.1.7      EUROFINS SCIENTIFIC  221

11.1.7.1  Business overview 221

11.1.7.2  Products/Solutions/Services offered 223

11.1.8      BUREAU VERITAS             224

11.1.8.1  Business overview 224

11.1.8.2  Products/Solutions/Services offered 225

11.1.8.3  Recent developments           226

11.1.8.3.1                Deals      226

11.1.8.3.2                Other developments             227

11.1.9      DEKRA  229

11.1.9.1  Business overview 229

11.1.9.2  Products/Solutions/Services offered 231

11.1.10   MISTRAS GROUP              232

11.1.10.1                 Business overview 232

11.1.10.2                 Products/Solutions/Services offered 234

11.2         OTHER TESTING SERVICE PROVIDERS  236

11.2.1      TESTEK SOLUTIONS      236

11.2.2      TEKTRONIX, INC.             237

11.2.3      ROHDE & SCHWARZ       238

11.2.4      DAYTON T. BROWN, INC.             239

11.2.5      MTS SYSTEMS   240

11.2.6      APPLIED TECHNICAL SERVICES                241

11.2.7      ALS         243

11.3         KEY AEROSPACE COMPANIES    244

11.3.1      THE BOEING COMPANY                244

11.3.1.1  Business overview 244

11.3.1.2  Products/Solutions/Services offered 245

11.3.1.3  Recent developments           246

11.3.1.3.1                Deals      246

11.3.2      AIRBUS 247

11.3.2.1  Business overview 247

11.3.2.2  Products/Solutions/Services offered 249

11.3.3      LOCKHEED MARTIN CORPORATION      250

11.3.3.1  Business overview 250

11.3.3.2  Products/Solutions/Services offered 252

11.3.4      NORTHROP GRUMMAN                 253

11.3.4.1  Business overview 253

11.3.4.2  Products/Solutions/Services offered 255

11.3.5      COLLINS AEROSPACE    256

11.3.5.1  Business overview 256

11.3.5.2  Products/Solutions/Services offered 257

11.4         OTHER TESTING EQUIPMENT PROVIDERS          258

11.4.1      GE AEROSPACE 258

11.4.2      GENERAL DYNAMICS     259

11.4.3      MOOG INC.         260

11.4.4      LABORATORY TESTING INC.      261

12            APPENDIX           262

12.1         INSIGHTS FROM INDUSTRY EXPERTS     262

12.2         DISCUSSION GUIDE        263

12.3         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                267

12.4         CUSTOMIZATION OPTIONS        269

12.5         RELATED REPORTS         269

12.6         AUTHOR DETAILS           270

LIST OF TABLES

TABLE 1                RISK ASSESSMENT: AEROSPACE TESTING MARKET               40

TABLE 2                AEROSPACE TESTING MARKET: ROLE OF PLAYERS IN ECOSYSTEM              57

TABLE 3                LIST OF PATENTS RELATED TO AEROSPACE TESTING, 2020–2023         62

TABLE 4                IMPORT DATA FOR HS CODE 8807 (PARTS OF AIRCRAFT/SPACECRAFT)-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2023 (USD MILLION)     64

TABLE 5                EXPORT DATA FOR HS CODE 8807 (PARTS OF AIRCRAFT/SPACECRAFT)-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2023 (USD MILLION)     65

TABLE 6                AEROSPACE TESTING MARKET: DETAILED LIST OF RELATED CONFERENCES AND EVENTS, 2024–2025     66

TABLE 7                US: EXPORT TARIFF FOR HS CODE 8807-COMPLIANT PRODUCTS, 2023    69

TABLE 8                HONG KONG: EXPORT TARIFF FOR HS CODE 8807-COMPLIANT PRODUCTS, 2023          69

TABLE 9                NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 70

TABLE 10              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           70

TABLE 11              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 71

TABLE 12              REST OF WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 71

TABLE 13              AEROSPACE TESTING MARKET: PORTER’S FIVE FORCES ANALYSIS           73

TABLE 14              INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS, BY END USER               75

TABLE 15              KEY BUYING CRITERIA FOR TOP THREE END USERS   76

TABLE 16              AEROSPACE TESTING MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)                80

TABLE 17              AEROSPACE TESTING MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)                80

TABLE 18              AEROSPACE TESTING MARKET, BY TESTING TYPE, 2020–2023 (USD MILLION)                84

TABLE 19              AEROSPACE TESTING MARKET, BY TESTING TYPE, 2024–2029 (USD MILLION)                85

TABLE 20              AEROSPACE MATERIAL TESTING MARKET, BY REGION, 2020–2023 (USD MILLION)          86

TABLE 21              AEROSPACE MATERIAL TESTING MARKET, BY REGION, 2024–2029 (USD MILLION)          86

TABLE 22              NORTH AMERICA: AEROSPACE MATERIAL TESTING MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            87

TABLE 23              NORTH AMERICA: AEROSPACE MATERIAL TESTING MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            87

TABLE 24              EUROPE: AEROSPACE MATERIAL TESTING MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            87

TABLE 25              EUROPE: AEROSPACE MATERIAL TESTING MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            88

TABLE 26              ASIA PACIFIC: AEROSPACE MATERIAL TESTING MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            88

TABLE 27              ASIA PACIFIC: AEROSPACE MATERIAL TESTING MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            88

TABLE 28             ROW: AEROSPACE MATERIAL TESTING MARKET, BY REGION,

2020–2023 (USD MILLION)            89

TABLE 29             ROW: AEROSPACE MATERIAL TESTING MARKET, BY REGION,

2024–2029 (USD MILLION)            89

TABLE 30              AEROSPACE FUEL TESTING MARKET, BY REGION, 2020–2023 (USD MILLION)          90

TABLE 31              AEROSPACE FUEL TESTING MARKET, BY REGION, 2024–2029 (USD MILLION)          90

TABLE 32              NORTH AMERICA: AEROSPACE FUEL TESTING MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            90

TABLE 33              NORTH AMERICA: AEROSPACE FUEL TESTING MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            91

TABLE 34              EUROPE: AEROSPACE FUEL TESTING MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            91

TABLE 35              EUROPE: AEROSPACE FUEL TESTING MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            91

TABLE 36              ASIA PACIFIC: AEROSPACE FUEL TESTING MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            92

TABLE 37              ASIA PACIFIC: AEROSPACE FUEL TESTING MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            92

TABLE 38              ROW: AEROSPACE FUEL TESTING MARKET, BY REGION,

2020–2023 (USD MILLION)            92

TABLE 39              ROW: AEROSPACE FUEL TESTING MARKET, BY REGION,

2024–2029 (USD MILLION)            93

TABLE 40              AEROSPACE ENVIRONMENTAL TESTING MARKET, BY REGION,

2020–2023 (USD MILLION)            94

TABLE 41              AEROSPACE ENVIRONMENTAL TESTING MARKET, BY REGION,

2024–2029 (USD MILLION)            94

TABLE 42              NORTH AMERICA: AEROSPACE ENVIRONMENTAL TESTING MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 94

TABLE 43              NORTH AMERICA: AEROSPACE ENVIRONMENTAL TESTING MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 94

TABLE 44              EUROPE: AEROSPACE ENVIRONMENTAL TESTING MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            95

TABLE 45              EUROPE: AEROSPACE ENVIRONMENTAL TESTING MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            95

TABLE 46              ASIA PACIFIC: AEROSPACE ENVIRONMENTAL TESTING MARKET, BY COUNTRY, 2020–2023 (USD MILLION)                 95

TABLE 47              ASIA PACIFIC: AEROSPACE ENVIRONMENTAL TESTING MARKET, BY COUNTRY, 2024–2029 (USD MILLION)                 96

TABLE 48              ROW: AEROSPACE ENVIRONMENTAL TESTING MARKET, BY REGION,

2020–2023 (USD MILLION)            96

TABLE 49              ROW: AEROSPACE ENVIRONMENTAL TESTING MARKET, BY REGION,

2024–2029 (USD MILLION)            96

TABLE 50              AEROSPACE STRUCTURAL/COMPONENT TESTING MARKET, BY REGION,

2020–2023 (USD MILLION)            97

TABLE 51              AEROSPACE STRUCTURAL/COMPONENT TESTING MARKET, BY REGION,

2024–2029 (USD MILLION)            97

TABLE 52              NORTH AMERICA: AEROSPACE STRUCTURAL/COMPONENT TESTING MARKET,

BY COUNTRY, 2020–2023 (USD MILLION)               98

TABLE 53              NORTH AMERICA: AEROSPACE STRUCTURAL/COMPONENT TESTING MARKET,

BY COUNTRY, 2024–2029 (USD MILLION)               98

TABLE 54              EUROPE: AEROSPACE STRUCTURAL/COMPONENT TESTING MARKET, BY COUNTRY, 2020–2023 (USD MILLION)            98

TABLE 55              EUROPE: AEROSPACE STRUCTURAL/COMPONENT TESTING MARKET, BY COUNTRY, 2024–2029 (USD MILLION)            99

TABLE 56              ASIA PACIFIC: AEROSPACE STRUCTURAL/COMPONENT TESTING MARKET,

BY COUNTRY, 2020–2023 (USD MILLION)               99

TABLE 57              ASIA PACIFIC: AEROSPACE STRUCTURAL/COMPONENT TESTING MARKET,

BY COUNTRY, 2024–2029 (USD MILLION)               99

TABLE 58              ROW: AEROSPACE STRUCTURAL/COMPONENT TESTING MARKET, BY REGION, 2020–2023 (USD MILLION)                 100

TABLE 59              ROW: AEROSPACE STRUCTURAL/COMPONENT TESTING MARKET, BY REGION, 2024–2029 (USD MILLION)                 100

TABLE 60              AEROSPACE AVIONICS/FLIGHT & ELECTRONICS TESTING MARKET, BY REGION, 2020–2023 (USD MILLION)            101

TABLE 61              AEROSPACE AVIONICS/FLIGHT & ELECTRONICS TESTING MARKET, BY REGION, 2024–2029 (USD MILLION)            101

TABLE 62              NORTH AMERICA: AEROSPACE AVIONICS/FLIGHT & ELECTRONICS TESTING MARKET, BY COUNTRY, 2020–2023 (USD MILLION)     101

TABLE 63              NORTH AMERICA: AEROSPACE AVIONICS/FLIGHT & ELECTRONICS TESTING MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     101

TABLE 64              EUROPE: AEROSPACE AVIONICS/FLIGHT & ELECTRONICS TESTING MARKET,

BY COUNTRY, 2020–2023 (USD MILLION)               102

TABLE 65              EUROPE: AEROSPACE AVIONICS/FLIGHT & ELECTRONICS TESTING MARKET,

BY COUNTRY, 2024–2029 (USD MILLION)               102

TABLE 66              ASIA PACIFIC: AEROSPACE AVIONICS/FLIGHT & ELECTRONICS TESTING MARKET, BY COUNTRY, 2020–2023 (USD MILLION)            102

TABLE 67              ASIA PACIFIC: AEROSPACE AVIONICS/FLIGHT & ELECTRONICS TESTING MARKET, BY COUNTRY, 2024–2029 (USD MILLION)            103

TABLE 68              ROW: AEROSPACE AVIONICS/FLIGHT & ELECTRONICS TESTING MARKET,

BY REGION, 2020–2023 (USD MILLION)   103

TABLE 69              ROW: AEROSPACE AVIONICS/FLIGHT & ELECTRONICS TESTING MARKET,

BY REGION, 2024–2029 (USD MILLION)   103

TABLE 70              AEROSPACE PROPULSION SYSTEM TESTING MARKET, BY REGION,

2020–2023 (USD MILLION)            104

TABLE 71              AEROSPACE PROPULSION SYSTEM TESTING MARKET, BY REGION,

2024–2029 (USD MILLION)            104

TABLE 72              NORTH AMERICA: AEROSPACE PROPULSION SYSTEM TESTING MARKET,

BY COUNTRY, 2020–2023 (USD MILLION)               105

TABLE 73              NORTH AMERICA: AEROSPACE PROPULSION SYSTEM TESTING MARKET,

BY COUNTRY, 2024–2029 (USD MILLION)               105

TABLE 74              EUROPE: AEROSPACE PROPULSION SYSTEM TESTING MARKET, BY COUNTRY, 2020–2023 (USD MILLION)                 105

TABLE 75              EUROPE: AEROSPACE PROPULSION SYSTEM TESTING MARKET, BY COUNTRY, 2024–2029 (USD MILLION)                 106

TABLE 76              ASIA PACIFIC: AEROSPACE PROPULSION SYSTEM TESTING MARKET, BY COUNTRY, 2020–2023 (USD MILLION)            106

TABLE 77              ASIA PACIFIC: AEROSPACE PROPULSION SYSTEM TESTING MARKET, BY COUNTRY, 2024–2029 (USD MILLION)            106

TABLE 78              ROW: AEROSPACE PROPULSION SYSTEM TESTING MARKET, BY REGION,

2020–2023 (USD MILLION)            107

TABLE 79              ROW: AEROSPACE PROPULSION SYSTEM TESTING MARKET, BY REGION,

2024–2029 (USD MILLION)            107

TABLE 80              OTHER AEROSPACE TESTING MARKET, BY REGION, 2020–2023 (USD MILLION)          107

TABLE 81              OTHER AEROSPACE TESTING MARKET, BY REGION, 2024–2029 (USD MILLION)          108

TABLE 82              NORTH AMERICA: OTHER AEROSPACE TESTING MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            108

TABLE 83              NORTH AMERICA: OTHER AEROSPACE TESTING MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            108

TABLE 84              EUROPE: OTHER AEROSPACE TESTING MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            108

TABLE 85              EUROPE: OTHER AEROSPACE TESTING MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            109

TABLE 86              ASIA PACIFIC: OTHER AEROSPACE TESTING MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            109

TABLE 87              ASIA PACIFIC: OTHER AEROSPACE TESTING MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            109

TABLE 88              ROW: OTHER AEROSPACE TESTING MARKET, BY REGION,

2020–2023 (USD MILLION)            110

TABLE 89              ROW: OTHER AEROSPACE TESTING MARKET, BY REGION,

2024–2029 (USD MILLION)            110

TABLE 90              AEROSPACE TESTING MARKET, BY END USER, 2020–2023 (USD MILLION)            112

TABLE 91              AEROSPACE TESTING MARKET, BY END USER, 2024–2029 (USD MILLION)            113

TABLE 92              AEROSPACE TESTING MARKET IN COMMERCIAL, BY REGION,

2020–2023 (USD MILLION)            114

TABLE 93              AEROSPACE TESTING MARKET IN COMMERCIAL, BY REGION,

2024–2029 (USD MILLION)            114

TABLE 94              AEROSPACE TESTING MARKET IN MILITARY & DEFENSE, BY REGION,

2020–2023 (USD MILLION)          115

TABLE 95              AEROSPACE TESTING MARKET IN MILITARY & DEFENSE, BY REGION,

2024–2029 (USD MILLION)            115

TABLE 96              AEROSPACE TESTING MARKET IN SPACE EXPLORATION, BY REGION,

2020–2023 (USD MILLION)            116

TABLE 97              AEROSPACE TESTING MARKET IN SPACE EXPLORATION, BY REGION,

2024–2029 (USD MILLION)            116

TABLE 98              AEROSPACE TESTING MARKET IN OTHER END USERS, BY REGION,

2020–2023 (USD MILLION)            117

TABLE 99              AEROSPACE TESTING MARKET IN OTHER END USERS, BY REGION,

2024–2029 (USD MILLION)            117

TABLE 100            AEROSPACE TESTING MARKET, BY REGION, 2020–2023 (USD MILLION)            120

TABLE 101            AEROSPACE TESTING MARKET, BY REGION, 2024–2029 (USD MILLION)            120

TABLE 102            NORTH AMERICA: AEROSPACE TESTING MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            122

TABLE 103            NORTH AMERICA: AEROSPACE TESTING MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            123

TABLE 104            NORTH AMERICA: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2020–2023 (USD MILLION)            123

TABLE 105            NORTH AMERICA: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2024–2029 (USD MILLION)            123

TABLE 106            NORTH AMERICA: AEROSPACE TESTING MARKET, BY END USER,

2020–2023 (USD MILLION)            124

TABLE 107            NORTH AMERICA: AEROSPACE TESTING MARKET, BY END USER,

2024–2029 (USD MILLION)            124

TABLE 108            US: AEROSPACE TESTING MARKET, BY TESTING TYPE, 2020–2023 (USD MILLION)                125

TABLE 109            US: AEROSPACE TESTING MARKET, BY TESTING TYPE, 2024–2029 (USD MILLION)                125

TABLE 110            CANADA: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2020–2023 (USD MILLION)            126

TABLE 111            CANADA: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2024–2029 (USD MILLION)            126

TABLE 112            MEXICO: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2020–2023 (USD MILLION)            127

TABLE 113            MEXICO: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2024–2029 (USD MILLION)            128

TABLE 114            EUROPE: AEROSPACE TESTING MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            129

TABLE 115            EUROPE: AEROSPACE TESTING MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            130

TABLE 116            EUROPE: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2020–2023 (USD MILLION)            130

TABLE 117            EUROPE: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2024–2029 (USD MILLION)            130

TABLE 118            EUROPE: AEROSPACE TESTING MARKET, BY END USER,

2020–2023 (USD MILLION)            131

TABLE 119            EUROPE: AEROSPACE TESTING MARKET, BY END USER,

2024–2029 (USD MILLION)            131

TABLE 120            GERMANY: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2020–2023 (USD MILLION)            132

TABLE 121            GERMANY: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2024–2029 (USD MILLION)            132

TABLE 122            UK: AEROSPACE TESTING MARKET, BY TESTING TYPE, 2020–2023 (USD MILLION)                134

TABLE 123            UK: AEROSPACE TESTING MARKET, BY TESTING TYPE, 2024–2029 (USD MILLION)                134

TABLE 124            FRANCE: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2020–2023 (USD MILLION)            135

TABLE 125            FRANCE: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2024–2029 (USD MILLION)            136

TABLE 126            SPAIN: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2020–2023 (USD MILLION)            137

TABLE 127            SPAIN: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2024–2029 (USD MILLION)            137

TABLE 128            REST OF EUROPE: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2020–2023 (USD MILLION)            138

TABLE 129            REST OF EUROPE: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2024–2029 (USD MILLION)            138

TABLE 130            ASIA PACIFIC: AEROSPACE TESTING MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            140

TABLE 131            ASIA PACIFIC: AEROSPACE TESTING MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            141

TABLE 132            ASIA PACIFIC: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2020–2023 (USD MILLION)            141

TABLE 133            ASIA PACIFIC: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2024–2029 (USD MILLION)            141

TABLE 134            ASIA PACIFIC: AEROSPACE TESTING MARKET, BY END USER,

2020–2023 (USD MILLION)            142

TABLE 135            ASIA PACIFIC: AEROSPACE TESTING MARKET, BY END USER,

2024–2029 (USD MILLION)            142

TABLE 136            CHINA: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2020–2023 (USD MILLION)            143

TABLE 137            CHINA: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2024–2029 (USD MILLION)            143

TABLE 138            JAPAN: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2020–2023 (USD MILLION)            144

TABLE 139            JAPAN: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2024–2029 (USD MILLION)            144

TABLE 140            INDIA: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2020–2023 (USD MILLION)            145

TABLE 141            INDIA: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2024–2029 (USD MILLION)            146

TABLE 142            SOUTH KOREA: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2020–2023 (USD MILLION)          147

TABLE 143            SOUTH KOREA: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2024–2029 (USD MILLION)            147

TABLE 144            AUSTRALIA: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2020–2023 (USD MILLION)            148

TABLE 145            AUSTRALIA: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2024–2029 (USD MILLION)            149

TABLE 146            REST OF ASIA PACIFIC: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2020–2023 (USD MILLION)            149

TABLE 147            REST OF ASIA PACIFIC: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2024–2029 (USD MILLION)            150

TABLE 148            ROW: AEROSPACE TESTING MARKET, BY COUNTRY, 2020–2023 (USD MILLION)     151

TABLE 149            ROW: AEROSPACE TESTING MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     151

TABLE 150            ROW: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2020–2023 (USD MILLION)            151

TABLE 151            ROW: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2024–2029 (USD MILLION)            152

TABLE 152            ROW: AEROSPACE TESTING MARKET, BY END USER, 2020–2023 (USD MILLION)                152

TABLE 153            ROW: AEROSPACE TESTING MARKET, BY END USER, 2024–2029 (USD MILLION)                152

TABLE 154            SOUTH AMERICA: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2020–2023 (USD MILLION)            153

TABLE 155            SOUTH AMERICA: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2024–2029 (USD MILLION)            154

TABLE 156            SOUTH AMERICA: AEROSPACE TESTING MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            154

TABLE 157            SOUTH AMERICA: AEROSPACE TESTING MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            154

TABLE 158            MIDDLE EAST & AFRICA: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2020–2023 (USD MILLION)            155

TABLE 159            MIDDLE EAST & AFRICA: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2024–2029 (USD MILLION)            155

TABLE 160            MIDDLE EAST & AFRICA: AEROSPACE TESTING MARKET, BY REGION,

2020–2023 (USD MILLION)            156

TABLE 161            MIDDLE EAST & AFRICA: AEROSPACE TESTING MARKET, BY REGION,

2024–2029 (USD MILLION)            156

TABLE 162            GCC: AEROSPACE TESTING MARKET, BY TESTING TYPE, 2020-2023 (USD MILLION)            157

TABLE 163            GCC: AEROSPACE TESTING MARKET, BY TESTING TYPE,

2024–2029 (USD MILLION)            157

TABLE 164            REST OF MIDDLE EAST & AFRICA: AEROSPACE TESTING MARKET, BY TESTING TYPE, 2020–2023 (USD MILLION)                 158

TABLE 165            REST OF MIDDLE EAST & AFRICA: AEROSPACE TESTING MARKET,

BY TESTING TYPE, 2024–2029 (USD MILLION)     158

TABLE 166            AEROSPACE TESTING MARKET: OVERVIEW OF STRATEGIES ADOPTED

BY KEY PLAYERS, 2020–2024          159

TABLE 167            AEROSPACE TESTING MARKET: DEGREE OF COMPETITION, 2023       163

TABLE 168            AEROSPACE TESTING MARKET: TESTING TYPE FOOTPRINT       169

TABLE 169            AEROSPACE TESTING MARKET: END USER FOOTPRINT       170

TABLE 170            AEROSPACE TESTING MARKET: SOURCING TYPE FOOTPRINT            171

TABLE 171            AEROSPACE TESTING MARKET: REGION FOOTPRINT       172

TABLE 172            AEROSPACE TESTING MARKET: LIST OF KEY STARTUPS/SMES              174

TABLE 173            AEROSPACE TESTING MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES          175

TABLE 174            AEROSPACE TESTING MARKET: DEALS, JULY 2020–OCTOBER 2024        176

TABLE 175            AEROSPACE TESTING MARKET: EXPANSIONS, JULY 2020–OCTOBER 2024             182

TABLE 176            AEROSPACE TESTING MARKET: OTHER DEVELOPMENTS,

JULY 2020–OCTOBER 2024             184

TABLE 177            ELEMENT MATERIALS TECHNOLOGY: COMPANY OVERVIEW   188

TABLE 178            ELEMENT MATERIALS TECHNOLOGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED    189

TABLE 179            ELEMENT MATERIALS TECHNOLOGY: DEALS                 193

TABLE 180            ELEMENT MATERIALS TECHNOLOGY: EXPANSIONS     195

TABLE 181            ELEMENT MATERIALS TECHNOLOGY: OTHER DEVELOPMENTS              196

TABLE 182            SGS SA: COMPANY OVERVIEW   199

TABLE 183            SGS SA: PRODUCTS/PRODUCTS/SOLUTIONS/SERVICES OFFERED                 201

TABLE 184            SGS SA: OTHER DEVELOPMENTS              201

TABLE 185            INTERTEK GROUP PLC: COMPANY OVERVIEW                 203

TABLE 186            INTERTEK GROUP PLC: PRODUCT/SOLUTION/SERVICE OFFERED           204

TABLE 187            INTERTEK GROUP PLC: DEALS  206

TABLE 188            INTERTEK GROUP PLC: EXPANSIONS     207

TABLE 189            TÜV SÜD: COMPANY OVERVIEW               210

TABLE 190            TÜV SÜD: PRODUCTS/SOLUTIONS/SERVICES OFFERED             211

TABLE 191            APPLUS+: COMPANY OVERVIEW              213

TABLE 192            APPLUS+: PRODUCTS/SOLUTIONS/SERVICES OFFERED             214

TABLE 193            APPLUS+: DEALS              215

TABLE 194            TÜV RHEINLAND: COMPANY OVERVIEW                 218

TABLE 195            TÜV RHEINLAND: PRODUCTS/SOLUTIONS/SERVICES OFFERED    219

TABLE 196            TÜV RHEINLAND: DEALS             220

TABLE 197            EUROFINS SCIENTIFIC: COMPANY OVERVIEW                 221

TABLE 198            EUROFINS SCIENTIFIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    223

TABLE 199            BUREAU VERITAS: COMPANY OVERVIEW                 224

TABLE 200            BUREAU VERITAS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    225

TABLE 201            BUREAU VERITAS: DEALS             226

TABLE 202            BUREAU VERITAS: OTHER DEVELOPMENTS                 227

TABLE 203            DEKRA: COMPANY OVERVIEW  229

TABLE 204            DEKRA: PRODUCTS/SOLUTIONS/SERVICES OFFERED             231

TABLE 205            MISTRAS GROUP: COMPANY OVERVIEW                 232

TABLE 206            MISTRAS GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    234

TABLE 207            THE BOEING COMPANY: COMPANY OVERVIEW                 244

TABLE 208            THE BOEING COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED    245

TABLE 209            THE BOEING COMPANY: DEALS                246

TABLE 210            AIRBUS: COMPANY OVERVIEW 247

TABLE 211            AIRBUS: PRODUCTS/SOLUTIONS/SERVICES OFFERED             249

TABLE 212            LOCKHEED MARTIN CORPORATION: COMPANY OVERVIEW          250

TABLE 213            LOCKHEED MARTIN CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    252

TABLE 214            NORTHROP GRUMMAN: COMPANY OVERVIEW                 253

TABLE 215            NORTHROP GRUMMAN: PRODUCTS/SOLUTIONS/SERVICES OFFERED    255

TABLE 216            COLLINS AEROSPACE: COMPANY OVERVIEW                 256

TABLE 217            COLLINS AEROSPACE: PRODUCTS/SOLUTIONS/SERVICES OFFERED    257

LIST OF FIGURES

FIGURE 1              AEROSPACE TESTING MARKET SEGMENTATION              25

FIGURE 2              AEROSPACE TESTING MARKET: RESEARCH DESIGN                29

FIGURE 3              BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY TYPE, DESIGNATION, AND REGION  33

FIGURE 4              APPROACH 1 (SUPPLY SIDE): REVENUE GENERATED BY AEROSPACE TESTING SERVICE PROVIDERS                 35

FIGURE 5              APPROACH 2 (DEMAND SIDE): BOTTOM-UP ESTIMATION BASED ON REGION              36

FIGURE 6              AEROSPACE TESTING MARKET: BOTTOM-UP APPROACH         37

FIGURE 7              AEROSPACE TESTING MARKET: TOP-DOWN APPROACH         37

FIGURE 8              DATA TRIANGULATION: AEROSPACE TESTING MARKET               38

FIGURE 9              AEROSPACE TESTING MARKET, 2020–2029                 41

FIGURE 10            AVIONICS/FLIGHT & ELECTRONICS TESTING TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD                 42

FIGURE 11            IN-HOUSE SOURCING TO ACCOUNT FOR LARGER SHARE OF AEROSPACE TESTING MARKET          42

FIGURE 12            COMMERCIAL END USER TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029             43

FIGURE 13            ASIA PACIFIC TO RECORD HIGHEST CAGR IN AEROSPACE TESTING MARKET 44

FIGURE 14            INCREASE IN AIR TRAVEL AND INVESTMENT IN MILITARY AND SPACE EXPLORATION PROJECTS TO DRIVE MARKET               45

FIGURE 15            IN-HOUSE TESTING TO GROW NOTABLY BETWEEN 2024 AND 2029               45

FIGURE 16            COMMERCIAL TO BE LARGEST END USER OF AEROSPACE TESTING DURING FORECAST PERIOD         46

FIGURE 17            MATERIAL TESTING TO ACCOUNT FOR LARGEST MARKET SHARE            46

FIGURE 18            NORTH AMERICA TO DOMINATE AEROSPACE TESTING MARKET DURING FORECAST PERIOD 47

FIGURE 19            AEROSPACE TESTING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES         48

FIGURE 20            AEROSPACE TESTING MARKET DRIVERS AND THEIR IMPACT  50

FIGURE 21            AEROSPACE TESTING MARKET RESTRAINTS AND THEIR IMPACT       51

FIGURE 22            AEROSPACE TESTING MARKET OPPORTUNITIES AND THEIR IMPACT   53

FIGURE 23            AEROSPACE TESTING MARKET CHALLENGES AND THEIR IMPACT       54

FIGURE 24            REVENUE SHIFT AND NEW REVENUE POCKETS FOR AEROSPACE TESTING MARKET PLAYERS    55

FIGURE 25            AEROSPACE TESTING MARKET: SUPPLY CHAIN ANALYSIS            56

FIGURE 26            AEROSPACE TESTING MARKET: KEY PLAYERS IN ECOSYSTEM       58

FIGURE 27            INVESTMENT AND FUNDING SCENARIO                 59

FIGURE 28            PATENTS GRANTED IN AEROSPACE MARKET                 63

FIGURE 29            IMPORT DATA FOR HS CODE 8807- PARTS OF AIRCRAFT/SPACECRAFT FOR KEY COUNTRIES, 2020–2023                 64

FIGURE 30            EXPORT DATA FOR HS CODE 8807- PARTS OF AIRCRAFT/SPACECRAFT FOR KEY COUNTRIES, 2020–2023                 65

FIGURE 31            AEROSPACE TESTING MARKET: PORTER’S FIVE FORCES ANALYSIS           72

FIGURE 32            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USER                74

FIGURE 33            BUYING CRITERIA FOR TOP THREE END USERS                 75

FIGURE 34            ADOPTION OF GEN AI IN AEROSPACE TESTING                 77

FIGURE 35            IN-HOUSE SOURCING TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD   80

FIGURE 36            AVIONICS/FLIGHT & ELECTRONICS TESTING TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD                 84

FIGURE 37            COMMERCIAL END USER TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD 112

FIGURE 38            AEROSPACE TESTING MARKET, BY REGION                 119

FIGURE 39            INDIA TO EXHIBIT HIGHEST CAGR IN AEROSPACE TESTING MARKET DURING FORECAST PERIOD                 119

FIGURE 40            ASIA PACIFIC TO RECORD HIGHEST CAGR IN AEROSPACE TESTING MARKET DURING FORECAST PERIOD                 120

FIGURE 41            NORTH AMERICA: AEROSPACE TESTING MARKET SNAPSHOT       122

FIGURE 42            EUROPE: AEROSPACE TESTING MARKET SNAPSHOT          129

FIGURE 43            ASIA PACIFIC: AEROSPACE TESTING MARKET SNAPSHOT          140

FIGURE 44            AEROSPACE TESTING MARKET: REVENUE ANALYSIS OF FIVE KEY

PLAYERS, 2020–2023         162

FIGURE 45            AEROSPACE TESTING MARKET SHARE ANALYSIS, 2023  163

FIGURE 46            AEROSPACE TESTING MARKET: COMPANY VALUATION, 2024 (USD BILLION)             165

FIGURE 47            AEROSPACE TESTING MARKET: FINANCIAL METRICS, 2024 (EV/EBITDA)       165

FIGURE 48            BRAND/PRODUCT COMPARISON             166

FIGURE 49            AEROSPACE TESTING MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2023       167

FIGURE 50            AEROSPACE TESTING MARKET: COMPANY FOOTPRINT       168

FIGURE 51            AEROSPACE TESTING: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023               173

FIGURE 52            ELEMENT MATERIALS TECHNOLOGY: COMPANY SNAPSHOT   189

FIGURE 53            SGS SA: COMPANY SNAPSHOT   200

FIGURE 54            INTERTEK GROUP PLC: COMPANY SNAPSHOT                 204

FIGURE 55            TÜV SÜD: COMPANY SNAPSHOT              211

FIGURE 56            APPLUS+: COMPANY SNAPSHOT              214

FIGURE 57            TÜV RHEINLAND: COMPANY SNAPSHOT                 219

FIGURE 58            EUROFINS SCIENTIFIC: COMPANY SNAPSHOT                 222

FIGURE 59            BUREAU VERITAS: COMPANY SNAPSHOT                 225

FIGURE 60            DEKRA: COMPANY SNAPSHOT  230

FIGURE 61            MISTRAS GROUP: COMPANY SNAPSHOT                 233

FIGURE 62            THE BOEING COMPANY: COMPANY SNAPSHOT                 245

FIGURE 63            AIRBUS: COMPANY SNAPSHOT 248

FIGURE 64            LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT          251

FIGURE 65            NORTHROP GRUMMAN: COMPANY SNAPSHOT                 254