Key players are Honeywell International Inc., Boeing, Airbus , Rockwell Collins, General Electric Co., Rolls Royce Holdings Plc, Moog, Inc.
(PRWEB) July 21, 2014
According to the new market research the "Aviation Test Equipment Market by Segments (Electrical, Hydraulic, Pneumatic, Power), Application (Military and Commercial) & Geography (North America, Latin America, Asia-Pacific, Europe, the Middle East, Africa & ROW) - Forecasts & Analysis 2014-2020, published by MarketsandMarkets, is projected to cross $7.15 Billion by 2020
Browse more than 91 market data Tables with 32 Figures spread through 161 Pages and in-depth TOC on "Aviation Test Equipment Market".
Early buyers will receive 10% customization on this report.
The report scrutinizes the in-depth analysis of the present industry size and growth prospects for the forecast period, including highlight of key growth stimulators. The report further benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in the specific areas.
The declining rate at which the government is procuring aircrafts eventually leads to retardation at the rate at which they need testers. An optimistic approach also details the avionics aircraft segment as the single gigantic area of weapons system procurement sector.
Since the economic environment is in a state of flux, it has buttressed the itch to craft more affordable test equipment solutions, which can be adapted to support multiple programs to help reduce in development and sustenance cost.
With the changing trends, avionic aspirations have outperformed legacy-testing abilities and it is pre-requisite from modern testers that they must inherit the capabilities and architecture that will swell easily to integrate with the requirements for multiple weapons systems.
The report also dissects the analysis of the market for military and commercial Aviation Test Equipment during the review period from 2014 to 2020. The report also incorporates the factors that persuade a country's expenditure on test equipment to cut or invest. It provides detailed expectations of growth rates and projected total expenditure.
The report also provides information about the leading competitors in the global Aviation Test Equipment Market. Apart from the general overview of the companies, it focuses upon their financial position, key products, SWOT, and markets.
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