News Column

Europe Aviation Test Equipment Market is Expected to Reach $1.78 Billion in 2020 - New Report by MicroMarket Monitor

August 4, 2014



(PRWEB) August 04, 2014

The Europe aviation test equipment market is expected to reach a value of $1.78 billion by 2020 from $1.44 billion in 2014, at a CAGR of 3.6% from the year 2014 to 2020. Test dealers in the test equipment market are continually confronted by the growing demand for advanced avionics systems. The attempt to align legacy systems with upcoming technology in the line-replaceable units (LRU) space is driving the market.

Browse through the TOC of the Europe aviation test equipment market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentation in the market, and is supported by various tables and figures.

http://www.micromarketmonitor.com/market/europe-aviation-test-equipment-2334250906.html

With increased budget cuts and program delays, the military is increasingly focusing on upgrading and extending the life of its existing aircraft, which is driving the test equipment market with better precision and accuracy.

New regulation standards are incipient, such as Future Airborne Capability Environment (FACE) Consortium, incorporating around 40 avionics manufacturers and military organizations, among others, to enrich the quality of products used in commercial and military avionics. This is paving the way for next-generation avionics test equipment.

Early buyers will receive 10% customization on this report.

http://www.micromarketmonitor.com/contact/2334250906-request_for_customization.html

A scalable and configurable tester concedes divergent footprints to encounter various applications in depot and in the field at intercessor sites, which also harmonizes the original equipment manufacturers (OEM) avionics and the depot of the end-user. This magnifies the investment in test program development, and this synchronization drives incredible savings and proficiency in sustainment.

The present procurement trends in the European region depict the preference of government towards multiple-award, indefinite delivery, and indefinite quantity omnibus contracts for integrated solutions which require pre-qualifications and meticulous testing. These are causing the market to grow at a rapid pace.

Get a copy of PDF Brochure @ http://www.micromarketmonitor.com/contact/2334250906-download_pdf_brochure.html.

This report also includes the market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in this market.

Related Reports:

North America Aviation Test Equipment Market

Aviation Test Equipment are devices that are used by manufacturers of various components designed for aviation services and products. The North American market is one of the biggest markets for aviation test equipment. It is also one of the most diverse markets when compared to the rest of the world.

The North American Aviation Test Equipment market is currently estimated at $1.61 million, and is expected to grow at a CAGR of 3.68% to $2.00 million by 2020.The purpose of this report is to identify various applications, technologies involved, usage patterns, and different products under the North American aviation test equipment market. It involves an in-depth analysis of the market segmentation, which comprises technology, type, product, application, and end user.

The North American aviation test equipment market is segmented on the basis of products and application. The product market is segmented into electrical, hydraulic, pneumatic, and power test equipment, while the application market can be segmented into military and commercial sub segments.

http://www.micromarketmonitor.com/market/north-america-aviation-test-equipment-6814991262.html

Asia-Pacific Aviation Test Equipment Market

Aviation Test Equipment (ATE) are devices used by manufacturers of various components designed for aviation services and products. The Asia-Pacific market is one of the emerging markets for Aviation Test Equipment, and is currently estimated at $1.04 million. It is expected to grow at a CAGR of 3.66% to $1.29 million by 2020.The purpose of this report is to identify various applications, technologies involved, usage patterns, and different products under the aviation test equipment market. It involves an in-depth analysis of market segmentation, which comprises technology, type, product, application and end user.

The Asia-Pacific aviation test equipment market is segmented on the basis of products and application. The product market is segmented into electrical, hydraulic, pneumatic, and power test equipment, while on the basis of application the market can be segmented into military and commercial.

http://www.micromarketmonitor.com/market/asia-pacific-aviation-test-equipment-2806704556.html

South America Aviation Test Equipment Market

Aviation Test Equipment (ATE) are devices used by manufacturers of various components designed for aviation services and products. The South American market is one of the emerging markets for Aviation Test Equipment, currently estimated at $0.58 million. It is expected to grow at a CAGR of 3.43% to $0.71 million by 2020.The purpose of this report is to identify various applications, technologies involved, usage patterns, and different products under the South American aviation test equipment market. The report involves an in-depth analysis of the market segmentation, which comprises technology, type, product, application, and end user.

The South American aviation test equipment market is segmented on the basis of product and application. The product market is segmented into electrical, hydraulic, pneumatic, and power test equipment, while the application market is segmented into military and commercial use segments.

The report also covers leading competitors in the South American ATE market. Apart from a general overview of the companies, the report also includes financial analysis, products, services, and key developments of major players in the industry. The key players in the industry and markets are identified through extensive secondary research. Companies operating in this market in are UTC Aerospace Systems, Rockwell Collins, Honeywell International, GE Aviation, Airbus, Boeing, 3M, MOOG, Rolls Royce, and Teradyne.

http://www.micromarketmonitor.com/market/south-america-aviation-test-equipment-4896235882.html

About MicroMarket Monitor:

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

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