Global Wind Tunnel Sales Market Report 2020
A wind tunnel is a tool used in aerodynamic research to study the effects of air moving past solid objects. A wind tunnel consists of a tubular passage with the object under test mounted in the middle. Air is made to move past the object by a powerful fan system or other means. The test object, often called a wind tunnel model, is instrumented with suitable sensors to measure aerodynamic forces, pressure distribution, or other aerodynamic-related characteristics.
By region, the Asia Pacific wind tunnel market is projected to grow at the highest rate from 2018 to 2023. Countries such as China, India, Japan, South Korea, Taiwan, and Australia are investing in indigenous development programs to manufacture various types of new and advanced aircraft for commercial and defense applications, along with the development of electric automotive vehicles. China has substantially increased its spending for the development of new and advanced systems for the aerospace & defense and automotive sectors. This, in turn, is expected to contribute toward increased demand for wind tunnels and wind tunnel testing services in the country. Moreover, countries such as Japan, India, and South Korea are also spending increasingly for the development of rail, automotive, and marine infrastructures, which require wind tunnel testing.
Market Analysis and Insights: Global Wind Tunnel Market
The global Wind Tunnel market size is projected to reach US$ 2405.4 million by 2026, from US$ 2247.3 million in 2020, at a CAGR of 1.1% during 2021-2026.
Global Wind Tunnel Scope and Market Size
The global Wind Tunnel market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Wind Tunnel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.
Segment by Type, the Wind Tunnel market is segmented into
Vertical
Horizontal
Segment by Application, the Wind Tunnel market is segmented into
Aerospace & Defense
Transportation
Racing Championship
Building Construction & Wind Energy
Adventure Sports Skydiving
Training & Simulation
The Wind Tunnel market is analysed and market size information is provided by regions (countries). Segment by Application, the Wind Tunnel market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Wind Tunnel market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Wind Tunnel business, the date to enter into the Wind Tunnel market, Wind Tunnel product introduction, recent developments, etc.
The major vendors covered:
Boeing
Lockheed Martin
Aiolos
Aerolab
Horiba
Forschungsinstitut Fur Kraftfahrwesen Und Fahrzeugmotoren Stuttgart (FKFS)
Mahle
Mitsubishi Heavy Industries
Rail Tec Arsenal (RTA)
Centre Scientifique ET Technique Du Batiment (CSTB)
Auto Research Center (ARC)
Ruag Group
European Transonic Windtunnel (ETW)
Aerodyn Wind Tunnel
DNW
BMT
Force Technology
Windtech Consultants
Calspan
By region, the Asia Pacific wind tunnel market is projected to grow at the highest rate from 2018 to 2023. Countries such as China, India, Japan, South Korea, Taiwan, and Australia are investing in indigenous development programs to manufacture various types of new and advanced aircraft for commercial and defense applications, along with the development of electric automotive vehicles. China has substantially increased its spending for the development of new and advanced systems for the aerospace & defense and automotive sectors. This, in turn, is expected to contribute toward increased demand for wind tunnels and wind tunnel testing services in the country. Moreover, countries such as Japan, India, and South Korea are also spending increasingly for the development of rail, automotive, and marine infrastructures, which require wind tunnel testing.
Market Analysis and Insights: Global Wind Tunnel Market
The global Wind Tunnel market size is projected to reach US$ 2405.4 million by 2026, from US$ 2247.3 million in 2020, at a CAGR of 1.1% during 2021-2026.
Global Wind Tunnel Scope and Market Size
The global Wind Tunnel market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Wind Tunnel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.
Segment by Type, the Wind Tunnel market is segmented into
Vertical
Horizontal
Segment by Application, the Wind Tunnel market is segmented into
Aerospace & Defense
Transportation
Racing Championship
Building Construction & Wind Energy
Adventure Sports Skydiving
Training & Simulation
The Wind Tunnel market is analysed and market size information is provided by regions (countries). Segment by Application, the Wind Tunnel market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Competitive Landscape
and Wind Tunnel Market Share AnalysisWind Tunnel market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Wind Tunnel business, the date to enter into the Wind Tunnel market, Wind Tunnel product introduction, recent developments, etc.
The major vendors covered:
Boeing
Lockheed Martin
Aiolos
Aerolab
Horiba
Forschungsinstitut Fur Kraftfahrwesen Und Fahrzeugmotoren Stuttgart (FKFS)
Mahle
Mitsubishi Heavy Industries
Rail Tec Arsenal (RTA)
Centre Scientifique ET Technique Du Batiment (CSTB)
Auto Research Center (ARC)
Ruag Group
European Transonic Windtunnel (ETW)
Aerodyn Wind Tunnel
DNW
BMT
Force Technology
Windtech Consultants
Calspan
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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