Avionics and Radio Test Market Scope and Size by 2031
One of the most important end-user categories for the test and measurement market is aerospace and military. The sector is moving toward more technologically advanced and smaller platforms and military systems. Avionics and radio are electronic systems that are installed in an aircraft to fulfil specific purposes and include communications, navigation, display, and administration of numerous systems and sub-systems. Avionics in civil aircraft are generally powered by 14- or 28-volt Direct Current (DC) electrical systems, whereas military and combat aircraft utilise 400 Hz, 115 Volt AC systems.
MARKET SCOPE
The "Global Avionics and Radio Test Market Analysis to 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the military marine vessel engines market with detailed market segmentation by type, end users and geography. The report provides key statistics on the market status of the leading Avionics and Radio Test Market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the type the market is segmented into commercial aircraft and military aircraft.
- On the basis of end users, the market is segmented as avionics and radio manufacturers, airframe manufacturers, military forces and MRO service providers
MARKET DYNAMICS
Drivers:
- Growing Demand for High-Speed And High-Bandwidth Avionics
- Growing Production of Aircraft Units Across the Globe
Restraints:
- Concerns Regarding the Complexity Regarding of Avionics And Radio Systems
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Avionics and Radio Test Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Avionics and Radio Test Market in these regions
IMPACT OF COVID-19 ON AVIONICS AND RADIO TEST MARKET
The COVID-19 pandemic has impeded mission deployments for most significant space businesses, as well as slowed new product deliveries due to supply chain disruption. Through expedited and early payments, government contractors in Asia, Europe, and North America have benefited from considerable administrative and financial help from space agencies. Smaller suppliers, on the other hand, rely on larger companies for contracts and must wait for money to arrive. Member businesses of the Satellite Industry Association (SIA) are taking steps to assure the supply of key satellite services. These businesses, on the other hand, place a premium on their workers' and custodians' health and safety.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Avionics and Radio Test Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Avionics and Radio Test Market in these regions
IMPACT OF COVID-19 ON AVIONICS AND RADIO TEST MARKET
The COVID-19 pandemic has impeded mission deployments for most significant space businesses, as well as slowed new product deliveries due to supply chain disruption. Through expedited and early payments, government contractors in Asia, Europe, and North America have benefited from considerable administrative and financial help from space agencies. Smaller suppliers, on the other hand, rely on larger companies for contracts and must wait for money to arrive. Member businesses of the Satellite Industry Association (SIA) are taking steps to assure the supply of key satellite services. These businesses, on the other hand, place a premium on their workers' and custodians' health and safety.
MARKET PLAYERS
The report covers key developments in the Avionics and Radio Test Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Avionics and Radio Test Market are anticipated to lucrative growth opportunities in the future with the rising demand for Avionics and Radio Test in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Avionics and Radio Test Market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Astronics Corporation
- General Dynamics Corporation
- Keysight Technologies, Inc.
- Lockheed Martin Corporation
- National Instruments Corporation
- Rohde and Schwarz GmbH & Co. KG
- Tel-Instrument Electronics Corporation
- Teradyne, Inc.
- Testek Solutions
- Viavi Solutions, Inc.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Avionics And Radio Test Market - By Type
1.3.2 Avionics And Radio Test Market - By End Users
1.3.3 Avionics And Radio Test Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AVIONICS AND RADIO TEST MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. AVIONICS AND RADIO TEST MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. AVIONICS AND RADIO TEST MARKET - GLOBAL MARKET ANALYSIS
6.1. AVIONICS AND RADIO TEST - GLOBAL MARKET OVERVIEW
6.2. AVIONICS AND RADIO TEST - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. AVIONICS AND RADIO TEST MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. COMMERCIAL AIRCRAFT
7.3.1. Overview
7.3.2. Commercial Aircraft Market Forecast and Analysis
7.4. MILITARY AIRCRAFT
7.4.1. Overview
7.4.2. Military Aircraft Market Forecast and Analysis
8. AVIONICS AND RADIO TEST MARKET - REVENUE AND FORECASTS TO 2028 - END USERS
8.1. OVERVIEW
8.2. END USERS MARKET FORECASTS AND ANALYSIS
8.3. AVIONICS AND RADIO MANUFACTURERS
8.3.1. Overview
8.3.2. Avionics and Radio Manufacturers Market Forecast and Analysis
8.4. AIRFRAME MANUFACTURERS
8.4.1. Overview
8.4.2. Airframe Manufacturers Market Forecast and Analysis
8.5. MILITARY FORCES
8.5.1. Overview
8.5.2. Military Forces Market Forecast and Analysis
8.6. MRO SERVICE PROVIDERS
8.6.1. Overview
8.6.2. MRO Service Providers Market Forecast and Analysis
9. AVIONICS AND RADIO TEST MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Avionics And Radio Test Market Overview
9.1.2 North America Avionics And Radio Test Market Forecasts and Analysis
9.1.3 North America Avionics And Radio Test Market Forecasts and Analysis - By Type
9.1.4 North America Avionics And Radio Test Market Forecasts and Analysis - By End Users
9.1.5 North America Avionics And Radio Test Market Forecasts and Analysis - By Countries
9.1.5.1 United States Avionics And Radio Test Market
9.1.5.1.1 United States Avionics And Radio Test Market by Type
9.1.5.1.2 United States Avionics And Radio Test Market by End Users
9.1.5.2 Canada Avionics And Radio Test Market
9.1.5.2.1 Canada Avionics And Radio Test Market by Type
9.1.5.2.2 Canada Avionics And Radio Test Market by End Users
9.1.5.3 Mexico Avionics And Radio Test Market
9.1.5.3.1 Mexico Avionics And Radio Test Market by Type
9.1.5.3.2 Mexico Avionics And Radio Test Market by End Users
9.2. EUROPE
9.2.1 Europe Avionics And Radio Test Market Overview
9.2.2 Europe Avionics And Radio Test Market Forecasts and Analysis
9.2.3 Europe Avionics And Radio Test Market Forecasts and Analysis - By Type
9.2.4 Europe Avionics And Radio Test Market Forecasts and Analysis - By End Users
9.2.5 Europe Avionics And Radio Test Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Avionics And Radio Test Market
9.2.5.1.1 Germany Avionics And Radio Test Market by Type
9.2.5.1.2 Germany Avionics And Radio Test Market by End Users
9.2.5.2 France Avionics And Radio Test Market
9.2.5.2.1 France Avionics And Radio Test Market by Type
9.2.5.2.2 France Avionics And Radio Test Market by End Users
9.2.5.3 Italy Avionics And Radio Test Market
9.2.5.3.1 Italy Avionics And Radio Test Market by Type
9.2.5.3.2 Italy Avionics And Radio Test Market by End Users
9.2.5.4 United Kingdom Avionics And Radio Test Market
9.2.5.4.1 United Kingdom Avionics And Radio Test Market by Type
9.2.5.4.2 United Kingdom Avionics And Radio Test Market by End Users
9.2.5.5 Russia Avionics And Radio Test Market
9.2.5.5.1 Russia Avionics And Radio Test Market by Type
9.2.5.5.2 Russia Avionics And Radio Test Market by End Users
9.2.5.6 Rest of Europe Avionics And Radio Test Market
9.2.5.6.1 Rest of Europe Avionics And Radio Test Market by Type
9.2.5.6.2 Rest of Europe Avionics And Radio Test Market by End Users
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Avionics And Radio Test Market Overview
9.3.2 Asia-Pacific Avionics And Radio Test Market Forecasts and Analysis
9.3.3 Asia-Pacific Avionics And Radio Test Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Avionics And Radio Test Market Forecasts and Analysis - By End Users
9.3.5 Asia-Pacific Avionics And Radio Test Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Avionics And Radio Test Market
9.3.5.1.1 Australia Avionics And Radio Test Market by Type
9.3.5.1.2 Australia Avionics And Radio Test Market by End Users
9.3.5.2 China Avionics And Radio Test Market
9.3.5.2.1 China Avionics And Radio Test Market by Type
9.3.5.2.2 China Avionics And Radio Test Market by End Users
9.3.5.3 India Avionics And Radio Test Market
9.3.5.3.1 India Avionics And Radio Test Market by Type
9.3.5.3.2 India Avionics And Radio Test Market by End Users
9.3.5.4 Japan Avionics And Radio Test Market
9.3.5.4.1 Japan Avionics And Radio Test Market by Type
9.3.5.4.2 Japan Avionics And Radio Test Market by End Users
9.3.5.5 South Korea Avionics And Radio Test Market
9.3.5.5.1 South Korea Avionics And Radio Test Market by Type
9.3.5.5.2 South Korea Avionics And Radio Test Market by End Users
9.3.5.6 Rest of Asia-Pacific Avionics And Radio Test Market
9.3.5.6.1 Rest of Asia-Pacific Avionics And Radio Test Market by Type
9.3.5.6.2 Rest of Asia-Pacific Avionics And Radio Test Market by End Users
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Avionics And Radio Test Market Overview
9.4.2 Middle East and Africa Avionics And Radio Test Market Forecasts and Analysis
9.4.3 Middle East and Africa Avionics And Radio Test Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Avionics And Radio Test Market Forecasts and Analysis - By End Users
9.4.5 Middle East and Africa Avionics And Radio Test Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Avionics And Radio Test Market
9.4.5.1.1 South Africa Avionics And Radio Test Market by Type
9.4.5.1.2 South Africa Avionics And Radio Test Market by End Users
9.4.5.2 Saudi Arabia Avionics And Radio Test Market
9.4.5.2.1 Saudi Arabia Avionics And Radio Test Market by Type
9.4.5.2.2 Saudi Arabia Avionics And Radio Test Market by End Users
9.4.5.3 Rest of Middle East and Africa Avionics And Radio Test Market
9.4.5.3.1 Rest of Middle East and Africa Avionics And Radio Test Market by Type
9.4.5.3.2 Rest of Middle East and Africa Avionics And Radio Test Market by End Users
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Avionics And Radio Test Market Overview
9.5.2 South and Central America Avionics And Radio Test Market Forecasts and Analysis
9.5.3 South and Central America Avionics And Radio Test Market Forecasts and Analysis - By Type
9.5.4 South and Central America Avionics And Radio Test Market Forecasts and Analysis - By End Users
9.5.5 South and Central America Avionics And Radio Test Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Avionics And Radio Test Market
9.5.5.1.1 Brazil Avionics And Radio Test Market by Type
9.5.5.1.2 Brazil Avionics And Radio Test Market by End Users
9.5.5.2 Argentina Avionics And Radio Test Market
9.5.5.2.1 Argentina Avionics And Radio Test Market by Type
9.5.5.2.2 Argentina Avionics And Radio Test Market by End Users
9.5.5.3 Rest of South and Central America Avionics And Radio Test Market
9.5.5.3.1 Rest of South and Central America Avionics And Radio Test Market by Type
9.5.5.3.2 Rest of South and Central America Avionics And Radio Test Market by End Users
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. AVIONICS AND RADIO TEST MARKET, KEY COMPANY PROFILES
11.1. ASTRONICS CORPORATION
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. GENERAL DYNAMICS CORPORATION
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. KEYSIGHT TECHNOLOGIES, INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. LOCKHEED MARTIN CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. NATIONAL INSTRUMENTS CORPORATION
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. ROHDE AND SCHWARZ GMBH & CO. KG
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. TEL-INSTRUMENT ELECTRONICS CORPORATION
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. TERADYNE, INC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TESTEK SOLUTIONS
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. VIAVI SOLUTIONS, INC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Astronics Corporation
2.General Dynamics Corporation
3.Keysight Technologies, Inc.
4.Lockheed Martin Corporation
5.National Instruments Corporation
6.Rohde and Schwarz GmbH & Co. KG
7.Tel-Instrument Electronics Corporation
8.Teradyne, Inc.
9.Testek Solutions
10.Viavi Solutions, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.