HOME Top Market Reports Wind Tunnel Market by Solution (Products, Services), Alignment (Horizontal, Vertical), Application (Aerospace & Defense, Transportation, Racing Championship, Construction, Adventure Skydiving, Simulation), Air Speed, and Region - Global Forecast to 2023

Wind Tunnel Market by Solution (Products, Services), Alignment (Horizontal, Vertical), Application (Aerospace & Defense, Transportation, Racing Championship, Construction, Adventure Skydiving, Simulation), Air Speed, and Region - Global Forecast to 2023

By: marketsandmarkets.com
Publishing Date: May 2018
Report Code: AS 6306

 

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The wind tunnel market is estimated to be USD 2.56 Billion in 2017 and is projected to reach USD 2.88 Billion by 2023, at a CAGR of 2.01% from 2018 to 2023. The objectives of this study are to analyze the wind tunnel market along with the statistics from 2018 to 2023, as well as to define, describe, and forecast the wind tunnel market on the basis of application, solution, alignment, airspeed and region. The year 2017 is considered to be the base year, whereas, 2018 to 2023 is considered as the forecast period for the market study.

The research methodology used to estimate and forecast the wind tunnel market begins with capturing data on wind tunnel products and services revenues through secondary sources, such as National Aeronautics and Space Administration (NASA), American Institute of Aeronautics and Astronautics (AIAA), Fιdιration Internationale de l'Automobile (FIA), Library of Congress, Indoor Skydiving Source (ISS), journals, and paid databases. Wind tunnel services are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall wind tunnel market size from the revenue of key players in the market. After arriving at the overall market size, the total market was split into several segments and subsegments which were then verified through primary research by conducting extensive interviews with key people such as CEOs, VPs, directors, and executives. These data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primary is depicted in the below figure:

Wind Tunnel Market

To know about the assumptions considered for the study, download the pdf brochure

The wind tunnel ecosystem comprises testing services providers such as NASA (US), Boeing (US), Lockheed Martin (US), ETW (Europe), CSTB (France), FKFS (Germany), DNW (Netherlands), RTA (Austria), Mitsubishi Heavy Industries (Japan), Horiba (Japan), BMT (UK), FORCE Technology (Denmark), and Aerodyn (US) among others. Some major manufactures include Aerolab (US), Aiolos (Canada), Foran (Brazil), Aerodium Technologies (Latvia), and Skyventure (Canada) among others.

Target Audience for this Report:

  • Manufacturers of Wind Tunnels
  • Aerospace Component Manufacturers
  • Automobile Manufacturers
  • Racing Championship Teams
  • Aviation Research Institutes and Universities
  • Skydiving Institutes
  • Computational Fluid Dynamics Software Providers
  • Sub-component Manufacturers
  • Original Equipment Manufacturers
  • Component Suppliers

“Study answers several questions for the stakeholders, primarily which market segments to focus in next two to five years for prioritizing the efforts and investments”.

Scope of the Report

This research report categorizes the Wind tunnel market into the following segments and sub segments:

  • By Application
    • Aerospace & Defense
    • Transportation
    • Racing Championship
    • Building Construction & Wind Energy
    • Adventure Sports Skydiving
    • Training & Simulation
  • By Solution
    • Products
    • Services
  • By Alignment
    • Vertical
    • Horizontal
  • By Airspeed
    • Subsonic
    • Transonic
    • Supersonic
    • Hypersonic
  • By Region
    • North America
    • Europe
    • Asia Pacific
    • Rest of the World

Available Customizations

Along with the market data, MarketsandMarkets offers customizations as per specific needs of a company. The following customization options are available for the report:

  • Geographic Analysis
    • Further breakdown of the Rest of the World market
  • Company Information
    • Detailed analysis and profiling of additional market players (up to five)

Please click here to get the relevant report of Non-Destructive Testing (NDT) Market by Component (Equipment, Services) Method (Ultrasonic, Radiography, Liquid Penetrant, Magnetic) End-User (Oil & Gas, Aerospace & Defense, Automotive, Infra) Technique, Application & Region - Global Forecast to 2022

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Regional Scope
           1.3.3 Years Considered for the Study
    1.4 Currency and Pricing
    1.5 Limitations
    1.6 Market Stakeholders

2 Research Methodology (Page No. - 22)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions and Limitations

3 Executive Summary (Page No. - 31)

4 Premium Insights (Page No. - 36)
    4.1 Attractive Opportunities in the Wind Tunnel Market
    4.2 Wind Tunnel Market, By Solution
    4.3 Europe Wind Tunnel Market
    4.4 Wind Tunnel Market, By Aerospace & Defense Application
    4.5 Wind Tunnel Market, By Aircraft Subsegment

5 Market Overview (Page No. - 39)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increased Demand for Uavs Across the Globe
                    5.2.1.2 Development of New Generation High Speed Aircraft and Missiles
                    5.2.1.3 Increased Investments for the Development of Electric Vehicles
           5.2.2 Restraints
                    5.2.2.1 High Costs Involved in the Installation and Maintenance of Wind Tunnels
                    5.2.2.2 Replacement of Wind Tunnel Testing With Computational Fluid Dynamics (CFD) Testing
                    5.2.2.3 Restrictions Imposed By Fia on Wind Tunnel Testing Hours
           5.2.3 Opportunities
                    5.2.3.1 Use of Wind Tunnels for Adventure Sports and Military Training
                    5.2.3.2 Use of Wind Tunnels in the Construction and Wind Energy Industries
           5.2.4 Challenges
                    5.2.4.1 Issues With Correct Measurement of Airflow and Accurate Calibration of Sensors

6 Industry Trends (Page No. - 47)
    6.1 Introduction
    6.2 Industry Trends
           6.2.1 Wind Tunnel Integration With Computational Fluid Dynamics (CFD)
           6.2.2 Wireless Data Acquisition
           6.2.3 Miniaturized Wind Tunnel Systems for Simulation and Testing
           6.2.4 Flexible Wind Tunnel Walls
           6.2.5 Automated Wind Tunnels
           6.2.6 Big Data Analytics & Machine Learning Application in Wind Tunnels
           6.2.7 Development of the Fastest Wind Tunnels for Testing Weapons
           6.2.8 High Speed Data Acquisition Analysis
           6.2.9 Real-Time Robotic Flow Visualization
           6.2.10 Remote Health Monitoring and Key Performance Indicators Tracking Tools
    6.3 Innovations and Patent Registration
    6.4 Key Trend Analysis in the Wind Tunnel Market

7 Wind Tunnel Market, By Solution (Page No. - 53)
    7.1 Introduction
    7.2 Services
           7.2.1 Testing Facility Services
           7.2.2 Wind Tunnel Maintenance Services
    7.3 Products
           7.3.1 Hardware
                    7.3.1.1 Motor and Fan Assembly
                    7.3.1.2 Data Acquisition Components
                    7.3.1.3 Vanes
                    7.3.1.4 Diffuser
                    7.3.1.5 Test Section and Control Room
                    7.3.1.6 Others
           7.3.2 Software

8 Wind Tunnel Market, By Airspeed (Page No. - 60)
    8.1 Introduction
    8.2 Subsonic
    8.3 Transonic
    8.4 Supersonic
    8.5 Hypersonic

9 Wind Tunnel Market, By Alignment (Page No. - 65)
    9.1 Introduction
    9.2 Horizontal
           9.2.1 Open Circuit
           9.2.2 Closed Circuit
           9.2.3 Recirculation
    9.3 Vertical
           9.3.1 Open
           9.3.2 Wall-To-Wall
           9.3.3 Recirculation/Single Loop

10 Wind Tunnel Market, By Application (Page No. - 70)
     10.1 Introduction
     10.2 Aerospace & Defense
             10.2.1 Aircraft
                        10.2.1.1 Commercial
                        10.2.1.2 Military
             10.2.2 Rockets & Missiles
                        10.2.2.1 Military
                        10.2.2.2 Space Launch Vehicles
     10.3 Transportation
             10.3.1 Automotive
                        10.3.1.1 Climatic Wind Tunnels
                        10.3.1.2 Aeroacoustics Wind Tunnels
                        10.3.1.3 Thermal Wind Tunnels
             10.3.2 High-Speed Trains
                        10.3.2.1 Climatic Wind Tunnels
                        10.3.2.2 Aeroacoustics Wind Tunnels
             10.3.3 Marine
                        10.3.3.1 Aerodynamic Wind Tunnels
     10.4 Racing Championship
     10.5 Building Construction & Wind Energy
     10.6 Adventure Sports Skydiving
     10.7 Training & Simulation

11 Regional Analysis (Page No. - 80)
     11.1 Introduction
     11.2 North America
             11.2.1 By Country
                        11.2.1.1 US
                        11.2.1.2 Canada
     11.3 Europe
             11.3.1 By Country
                        11.3.1.1 Russia
                        11.3.1.2 UK
                        11.3.1.3 Germany
                        11.3.1.4 France
                        11.3.1.5 Rest of Europe
     11.4 Asia Pacific
             11.4.1 By Country
                        11.4.1.1 China
                        11.4.1.2 India
                        11.4.1.3 Japan
                        11.4.1.4 South Korea
                        11.4.1.5 Rest of Asia Pacific
     11.5 RoW
             11.5.1 By Region
                        11.5.1.1 Middle East & Africa
                        11.5.1.2 Latin America

12 Competitive Landscape (Page No. - 128)
     12.1 Introduction
     12.2 Rank Analysis of the Wind Tunnel Market, 2017
     12.3 Key Players in the Wind Tunnel Market, By Region, 2017
     12.4 Competitive Situation and Trends
             12.4.1 Contracts
             12.4.2 New Product Launches
             12.4.3 Partnerships, Collaborations, and Agreements
             12.4.4 Acquisitions

13 Company Profiles (Page No. - 132)
(Overview, Products and Services, Financials, Strategy & Development)*
     13.1 Introduction
     13.2 Boeing
     13.3 Lockheed Martin
     13.4 Aiolos
     13.5 Aerolab
     13.6 Horiba
     13.7 Forschungsinstitut Fόr Kraftfahrwesen Und Fahrzeugmotoren Stuttgart (FKFS)
     13.8 Mahle
     13.9 Mitsubishi Heavy Industries
     13.10 Rail Tec Arsenal (RTA)
     13.11 Centre Scientifique ET Technique Du Bβtiment (CSTB)
     13.12 Auto Research Center (ARC)
     13.13 Ruag Group
     13.14 European Transonic Windtunnel (ETW)
     13.15 Aerodyn Wind Tunnel
     13.16 DNW
     13.17 BMT
     13.18 Force Technology
     13.19 Windtech Consultants
     13.20 Calspan
     13.21 Innovators
             13.21.1 Tunnel Technologies
             13.21.2 Foran
             13.21.3 Skyventure
             13.21.4 Storojirna Litvinov
             13.21.5 Eagle Engineering Corporation
             13.21.6 Aerodium Technologies

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies

14 Appendix (Page No. - 162)
     14.1 Discussion Guide
     14.2 Introducing Revenue Tree: Real-Time Market Intelligence
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Available Customizations
     14.5 Related Reports
     14.6 Author Details


List of Tables (139 Tables)

Table 1 North America: Top Contracts for Uavs, January 2015-January 2018
Table 2 Europe: Top Contracts, January 2015-January 2018
Table 3 Asia Pacific: Top Contracts, January 2015-January 2018
Table 4 Middle East: Top Contracts, January 2015-January 2018
Table 5 Price Variation in the Installation of Wind Tunnels, By Size and Airspeed
Table 6 Fia Reduction in Wind Tunnel Testing Hours
Table 7 Installation of Vertical Wind Tunnels at Some Locations in 2017
Table 8 Supertall Buildings Across the Globe, By Region, 2016
Table 9 Innovations & Patent Registration, 2011- 2017
Table 10 Wind Tunnel Market Size, By Solution, 2016-2023 (USD Million)
Table 11 Wind Tunnel Services Market Size, By Region, 2016-2023 (USD Million)
Table 12 Wind Tunnel Services Market Size, By Type, 2016-2023 (USD Million)
Table 13 Wind Tunnel Products Market Size, By Region, 2015-2022 (USD Million)
Table 14 Wind Tunnel Products Market Size, By Component, 2016-2023 (USD Million)
Table 15 Wind Tunnel Hardware Market Size, By Region, 2016-2023 (USD Million)
Table 16 Wind Tunnel Hardware Market Size, By Component, 2016-2023 (USD Million)
Table 17 Wind Tunnel Software Market Size, By Region, 2016-2023 (USD Million)
Table 18 Wind Tunnel Market Size, By Airspeed, 2016-2023 (USD Million)
Table 19 Subsonic Wind Tunnel Market Size, By Region, 2016-2023 (USD Million)
Table 20 Transonic Wind Tunnel Market Size, By Region, 2016-2023 (USD Million)
Table 21 Supersonic Wind Tunnel Market Size, By Region, 2016-2023 (USD Million)
Table 22 Hypersonic Wind Tunnel Market Size, By Region, 2016-2023 (USD Million)
Table 23 Wind Tunnel Market Size, By Alignment, 2016-2023 (USD Million)
Table 24 Horizontal Wind Tunnel Market Size, By Type, 2016-2023 (USD Million)
Table 25 Horizontal Wind Tunnel Market Size, By Region, 2016-2023 (USD Million)
Table 26 Vertical Wind Tunnel Market Size, By Type, 2016-2023 (USD Million)
Table 27 Vertical Wind Tunnel Market Size, By Region, 2016-2023 (USD Million)
Table 28 Wind Tunnel Market Size, By Application, 2016-2023 (USD Million)
Table 29 Wind Tunnel Market in Aerospace & Defense, By Region, 2016-2023 (USD Million)
Table 30 Wind Tunnel Market in Aerospace & Defense, By Type, 2016-2023 (USD Million)
Table 31 Wind Tunnel Market for Aircraft, By Type, 2016-2023 (USD Million)
Table 32 Wind Tunnel Market for Rockets & Missiles, By Type, 2016-2023 (USD Million)
Table 33 Wind Tunnel Market in Transportation, By Region, 2016-2023 (USD Million)
Table 34 Wind Tunnel Market in Transportation, By Type, 2016-2023 (USD Million)
Table 35 Wind Tunnel Market in Racing Championship, By Region, 2016-2023 (USD Million)
Table 36 Wind Tunnel Market in Building Construction & Wind Energy, By Region, 2016-2023 (USD Million)
Table 37 Wind Tunnel Market in Adventure Sports Skydiving, By Region, 2016-2023 (USD Million)
Table 38 Wind Tunnel Market in Training & Simulation, By Region, 2016-2023 (USD Million)
Table 39 Wind Tunnel Market Size, By Region, 2016–2023 (USD Million)
Table 40 North America: Wind Tunnel Market Size, By Application, 2016–2023 (USD Million)
Table 41 Aerospace & Defense: North America Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 42 Aircraft: North America Wind Tunnel Market in Aerospace & Defense Application, By Subtype, 2016–2023 (USD Million)
Table 43 Rockets & Missiles: North America Wind Tunnel Market in Aerospace & Defense Application, By Subtype, 2016–2023 (USD Million)
Table 44 Transportation: North America Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 45 North America: Wind Tunnel Market Size, By Alignment, 2016–2023 (USD Million)
Table 46 Vertical Alignment: North America Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 47 Horizontal Alignment: North America Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 48 North America: Wind Tunnel Market Size, By Solution, 2016–2023 (USD Million)
Table 49 Products: North America Wind Tunnel Market Size, By Component, 2016–2023 (USD Million)
Table 50 Hardware: North America Wind Tunnel Market for Products, By Type, 2016–2023 (USD Million)
Table 51 Services: North America Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 52 North America: Wind Tunnel Market Size, By Airspeed, 2016–2023 (USD Million)
Table 53 North America: Wind Tunnel Market Size, By Country, 2016–2023 (USD Million)
Table 54 US: Wind Tunnel Market Size, By Application, 2016–2023 (USD Million)
Table 55 Aerospace & Defense: US Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 56 US: Wind Tunnel Market Size, By Solution, 2016–2023 (USD Million)
Table 57 Canada: Wind Tunnel Market Size, By Application, 2016–2023 (USD Million)
Table 58 Aerospace & Defense: Canada Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 59 Canada: Wind Tunnel Market Size, By Solution, 2016–2023 (USD Million)
Table 60 Europe: Wind Tunnel Market Size, By Application, 2016–2023 (USD Million)
Table 61 Aerospace & Defense: Europe Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 62 Aircraft: Europe Wind Tunnel Market in Aerospace & Defense Application, By Subtype, 2016–2023 (USD Million)
Table 63 Rockets & Missiles: Europe Wind Tunnel Market in Aerospace & Defense Application, By Type, 2016–2023 (USD Million)
Table 64 Europe: Wind Tunnel Market Size, By Alignment, 2016–2023 (USD Million)
Table 65 Vertical Alignment: Europe Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 66 Horizontal Alignment: Europe Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 67 Europe: Wind Tunnel Market Size, By Solution, 2016–2023 (USD Million)
Table 68 Products: Europe Wind Tunnel Market Size, By Component, 2016–2023 (USD Million)
Table 69 Hardware: Europe Wind Tunnel Products Market Size, By Type, 2016–2023 (USD Million)
Table 70 Services: Europe Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 71 Europe: Wind Tunnel Market Size, By Airspeed, 2016–2023 (USD Million)
Table 72 Europe: Wind Tunnel Market Size, By Country, 2016–2023 (USD Million)
Table 73 Russia: Wind Tunnel Market Size, By Application, 2016–2023 (USD Million)
Table 74 Aerospace & Defense: Russia Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 75 Russia: Wind Tunnel Market Size, By Solution, 2016–2023 (USD Million)
Table 76 UK: Wind Tunnel Market Size, By Application, 2016–2023 (USD Million)
Table 77 Aerospace & Defense: UK Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 78 UK: Wind Tunnel Market Size, By Solution, 2016–2023 (USD Million)
Table 79 Germany: Wind Tunnel Market Size, By Application, 2016–2023 (USD Million)
Table 80 Aerospace & Defense: Germany Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 81 Germany: Wind Tunnel Market Size, By Solution, 2016–2023 (USD Million)
Table 82 France: Wind Tunnel Market Size, By Application, 2016–2023 (USD Million)
Table 83 Aerospace & Defense: France Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 84 France: Wind Tunnel Market Size, By Solution, 2016–2023 (USD Million)
Table 85 Rest of Europe: Wind Tunnel Market Size, By Application, 2016–2023 (USD Million)
Table 86 Aerospace & Defense: Rest of Europe Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 87 Rest of Europe: Wind Tunnel Market Size, By Solution, 2016–2023 (USD Million)
Table 88 Asia Pacific: Wind Tunnel Market Size, By Application, 2016–2023 (USD Million)
Table 89 Aerospace & Defense: Asia Pacific Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 90 Aircraft: Asia Pacific Wind Tunnel Market in Aerospace & Defense Application, By Subtype, 2016–2023 (USD Million)
Table 91 Rockets & Missiles: Asia Pacific Wind Tunnel Market in Aerospace & Defense Application, By Subtype, 2016–2023 (USD Million)
Table 92 Transportation: Asia Pacific Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 93 Asia Pacific: Wind Tunnel Market Size, By Alignment, 2016–2023 (USD Million)
Table 94 Vertical Alignment: Asia Pacific Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 95 Horizontal Alignment: Asia Pacific Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 96 Asia Pacific: Wind Tunnel Market Size, By Solution, 2016–2023 (USD Million)
Table 97 Products: Asia Pacific Wind Tunnel Market Size, By Component, 2016–2023 (USD Million)
Table 98 Hardware: Asia Pacific Wind Tunnel Products Market Size, By Type, 2016–2023 (USD Million)
Table 99 Services: Asia Pacific Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 100 Asia Pacific: Wind Tunnel Market Size, By Airspeed, 2016–2023 (USD Million)
Table 101 Asia Pacific: Wind Tunnel Market Size, By Country, 2016–2023 (USD Million)
Table 102 China: Wind Tunnel Market Size, By Application, 2016–2023 (USD Million)
Table 103 Aerospace & Defense: China Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 104 China: Wind Tunnel Market Size, By Solution, 2016–2023 (USD Million)
Table 105 India: Wind Tunnel Market Size, By Application, 2016–2023 (USD Million)
Table 106 Aerospace & Defense: India Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 107 India: Wind Tunnel Market Size, By Solution, 2016–2023 (USD Million)
Table 108 Japan: Wind Tunnel Market Size, By Application, 2016–2023 (USD Million)
Table 109 Aerospace & Defense: Japan Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 110 Japan: Wind Tunnel Market Size, By Solution, 2016–2023 (USD Million)
Table 111 South Korea: Wind Tunnel Market Size, By Application, 2016–2023 (USD Million)
Table 112 Aerospace & Defense: South Korea Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 113 South Korea: Wind Tunnel Market Size, By Solution, 2016–2023 (USD Million)
Table 114 Rest of Asia Pacific: Wind Tunnel Market Size, By Application, 2016–2023 (USD Million)
Table 115 Aerospace & Defense: Rest of Asia Pacific Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 116 Rest of Asia Pacific: Wind Tunnel Market Size, By Solution, 2016–2023 (USD Million)
Table 117 Rest of the World: Wind Tunnel Market Size, By Application, 2016–2023 (USD Million)
Table 118 Aerospace & Defense: Rest of the World Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 119 Aircraft: Rest of the World Wind Tunnel Market in Aerospace & Defense Application, By Subtype, 2016–2023 (USD Million)
Table 120 Rockets & Missiles: Rest of the World Wind Tunnel Market in Aerospace & Defense Application, By Subtype, 2016–2023 (USD Million)
Table 121 Rest of the World: Wind Tunnel Market Size, By Alignment, 2016–2023 (USD Million)
Table 122 Vertical Alignment: Rest of the World Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 123 Horizontal Alignment: Rest of the World Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 124 Rest of the World: Wind Tunnel Market Size, By Solution, 2016–2023 (USD Million)
Table 125 Products: Rest of the World Wind Tunnel Market Size, By Component, 2016–2023 (USD Million)
Table 126 Hardware: Rest of the World Wind Tunnel Products Market Size, By Type, 2016–2023 (USD Million)
Table 127 Services: Rest of the World Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 128 Rest of the World: Wind Tunnel Market Size, By Airspeed, 2016–2023 (USD Million)
Table 129 Rest of the World: Wind Tunnel Market Size, By Region, 2016–2023 (USD Million)
Table 130 Middle East & Africa: Wind Tunnel Market Size, By Application, 2016–2023 (USD Million)
Table 131 Aerospace & Defense: Middle East & Africa Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 132 Middle East & Africa: Wind Tunnel Market Size, By Solution, 2016–2023 (USD Million)
Table 133 Latin America: Wind Tunnel Market Size, By Application, 2016–2023 (USD Million)
Table 134 Aerospace & Defense: Latin America Wind Tunnel Market Size, By Type, 2016–2023 (USD Million)
Table 135 Latin America: Wind Tunnel Market Size, By Solution, 2016–2023 (USD Million)
Table 136 Contracts, 2014–2017
Table 137 New Product Launches, 2014-2017
Table 138 Partnerships, Collaborations, and Agreements, 2014-2017
Table 139 Acquisitions, 2014–2017


List of Figures (39 Figures)

Figure 1 Research Flow
Figure 2 Research Design: Wind Tunnel Market
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Assumptions and Limitations of the Research Study
Figure 8 Wind Tunnel Market, By Solution, 2018 & 2023 (USD Billion)
Figure 9 Wind Tunnel Market, By Alignment, 2018 & 2023 (USD Billion)
Figure 10 Wind Tunnel Market, By Application, 2018 & 2023 (USD Billion)
Figure 11 Wind Tunnel Market, By Airspeed, 2018 & 2023 (USD Billion)
Figure 12 The European Region is Expected to Lead the Wind Tunnel Market in 2018, and the Asia Pacific Wind Tunnel Market is Projected to Grow at the Highest CAGR From 2018 to 2023
Figure 13 Development of High-Speed Vehicles and Increased Demand for Uavs Across the Globe are Projected to Drive the Growth of the Wind Tunnel Market From 2018 to 2023
Figure 14 The Diffuser Products Subsegment and the Testing Facility Services Subsegment to Account for the Largest Shares of the Solution Segment of the Wind Tunnel Market in 2018
Figure 15 The Subsonic Airspeed Segment and Germany are Estimated to Account for the Largest Share of the Europe Wind Tunnel Market in 2018
Figure 16 The Aircraft Subsegment is Projected to Lead the Aerospace & Defense Application Segment of the Wind Tunnel Market From 2018 to 2023
Figure 17 The Military Aircraft Subsegment is Projected to Lead the Aerospace & Defense Application Segment of the Wind Tunnel Market From 2018 to 2023
Figure 18 Wind Tunnel Market: Drivers, Restraints, Opportunities, and Challenges
Figure 19 Technological Advancements in the Wind Tunnel Market
Figure 20 The Services Solution Segment is Projected to Lead the Wind Tunnel Market From 2018 to 2023
Figure 21 The Subsonic Airspeed Segment is Projected to Lead the Wind Tunnel Market From 2018 to 2023
Figure 22 The Horizontal Alignment Segment is Projected to Lead the Wind Tunnel Market From 2018 to 2023
Figure 23 The Aerospace & Defense Application Segment is Projected to Lead the Wind Tunnel Market From 2018 to 2023
Figure 24 Europe is Estimated to Account for the Largest Share of the Wind Tunnel Market in 2018
Figure 25 North America Wind Tunnel Market Snapshot
Figure 26 Europe Wind Tunnel Market Snapshot
Figure 27 Asia Pacific Wind Tunnel Market Snapshot
Figure 28 RoW Wind Tunnel Market Snapshot
Figure 29 Companies Adopted New Product Launches and Partnerships, Agreements, and Collaborations as the Key Growth Strategies From October 2014 to December 2017
Figure 30 Revenue and Product-Based Rank Analysis of the Top Players in the Wind Tunnel Market , 2017
Figure 31 Boeing: Company Snapshot
Figure 32 Lockheed Martin: Company Snapshot
Figure 33 Lockheed Martin: SWOT Analysis
Figure 34 Horiba: Company Snapshot
Figure 35 Mahle: Company Snapshot
Figure 36 Mitsubishi Heavy Industries: Company Snapshot
Figure 37 Ruag Group: Company Snapshot
Figure 38 BMT: Company Snapshot
Figure 39 Force Technology: Company Snapshot

The wind tunnel market is projected to grow from USD 2.61 Billion in 2018 to reach USD 2.88 Billion by 2023, at a CAGR of 2.01% from 2018 to 2023. The growth of this market can be attributed to the development of new generation of supersonic and hypersonic aircraft and missiles.

Based on application, the wind tunnel market is segmented into aerospace & defense, transportation, racing championship, building construction & wind energy, adventure sports skydiving, and training & simulation. The aerospace & defense application segment is expected to lead the wind tunnel market in 2018. The growth of the aerospace & defense application segment of the wind tunnel market can be attributed to the increased use of wind tunnels for testing aircraft used for aerospace & defense application as these aircraft are generally exposed to critical climatic conditions

By alignment, the horizontal segment is estimated to lead the wind tunnel market in 2018. Horizontal wind tunnels includes aerodynamic, aeroacoustic and climatic wind tunnels used in various industries such as aerospace & defense, racing championship, transportation and building construction & wind energy.

By airspeed, the subsonic segment is estimated to lead the wind tunnel market in 2018. This segment is majorly driven by the demand for commercial aircraft and automotive testing services. Subsonic wind tunnels are also used in racing championship aerodynamic testing.

By solution, the services segment is expected to lead the wind tunnel market in 2018. The growth of this segment can be attributed to the minimized Operation & Maintenance (O&M) costs of wind tunnels and easy availability of technical expertise to carry out their installation and maintenance.

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.

Wind Tunnel Market

The growth in wind tunnel market can be attributed to increase in electric vehicles and development of high speed aircrafts and missiles. However, increased usage of CFD software, along with restriction imposed in various racing championships by FIA are expected to hinder market growth. Additionally, issues associated with accurate calibration of sensors act as a challenge for the growth of the market. On the other hand, developments in adventure sports and military training offer key growth opportunities to manufacturers of wind tunnels.

Leading players in the Wind Tunnel Market include include Boeing (US), Lockheed Martin (US), ETW (Europe), CSTB (France), FKFS (Germany), DNW (Netherlands), RTA (Austria), Mitsubishi Heavy Industries (Japan), Horiba (Japan), BMT Group (UK), FORCE Technology (Denmark), and Aerodyn Wind Tunnel (US) among others. Some major manufactures include Aerolab (US), Aiolos (Canada), Foran (Brazil), Aerodium Technologies (Latvia), and Skyventure (Canada) among others.

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