Market Research Future (MRFR) has published on the “Global Aircraft Engine Test Cells Market”.
The aircraft engine test cells market is estimated to register a CAGR of 4.50% during the forecast period of 2024 to 2032.
MRFR recognizes the following companies as the key players in the global aircraft engine test cells market - General Electric (US), Safran (France), MDS Aero Support Corporation (US), CEL (Canada), RTX Corporation (US), Calspan Corporation (US), Atec, Inc. (US), Rolls-Royce plc (UK), and Honeywell International Inc. (US).
Aircraft Engine Test Cells Market Market Highlights
The global aircraft engine test cells market is accounted to register a CAGR of 4.50% during the forecast period and is estimated to reach USD 4.977 billion by 2032.
The market expansion for aircraft engine test cells is mostly being driven by the rising demand for commercial aircraft and the associated maintenance, repair, and overhaul (MRO) services. Aircraft engines require increasingly frequent testing and maintenance as airlines develop their fleets to accommodate the increasing demand for passengers. This covers both the upkeep and modernization of already-existing engines as well as the testing of recently produced engines. The demand for advanced engine test cells is further driven by the need for more sophisticated testing facilities and equipment due to the increasing complexity of modern jet engines.
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Segment Analysis
The global aircraft engine test cells market has been segmented into engine test, point of sale, solution type, industry, and end user.
On the basis of engine test, the market is segmented into Turbofan, Turboshaft, Turbojet, Piston engine, and APU. The APU segment was attributed to holding the largest market share in 2023 due to its greater altitude capabilities over other engine types. It is because they generate less noise than other engine types that these engines are an excellent choice for both military and commercial applications.
Based on point of sale, the market is segmented into New Installations, Retrofit & Upgrades, and Maintenance & Services. The retrofit & upgrades segment was attributed to holding the largest market share in 2023. These initiatives provide a useful and affordable way to improve the performance and longevity of current test cells. Operators can optimize the efficacy and efficiency of their testing facilities without having to replace or overhaul them completely by putting modernization and improvements into place. The incorporation of cutting-edge technology, such as automation and data analytics, can help to increase performance overall and expedite the testing process.
Based on solution type, the global aircraft engine test cells market has been segmented into Test Cell, Component Test Bench, Data Acquisition & Control System, Software, and Ancillary System. The test cell segment was expected to hold the largest market share in 2023. The need for sophisticated test cells that can evaluate engines using sustainable aviation fuel (SAF) is being driven by the increasing development of fuel-efficient aircraft engines. Additionally, during the projection period, there will be a growing upgrade of the current test facilities to support the creation of test cells.
Based on industry, the global aircraft engine test cells market has been segmented into Commercial and Military. The commercial segment was expected to hold the largest market share in 2023. This industry consists of commercial airlines and their operators who use engine testing services to increase maintenance and repair efficiency and operational effectiveness. Airlines and commercial maintenance, repair, and overhaul (MRO) service providers work together to maintain and repair aircraft engines.
Based on end user, the global aircraft engine test cells market has been segmented into OEMS, MROS, and Airlines & Operators. The OEMS segment was expected to hold the largest market share in 2023 because of the substantial expenditures made in updating engine testing facilities. There is a growing need for sophisticated testing apparatuses that promote technological development and broaden the reach of industry participants worldwide. OEMs are companies that make airplane engines. Test chambers are used to verify the security, reliability, and operation of engines before they are installed in aircraft.
Regional Analysis
The global aircraft engine test cells market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The Europe aircraft engine test cells market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The aircraft engine test cells market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World aircraft engine test cells market comprises the Middle East, Africa, and Latin America.
The largest market share for aircraft engine test cells was maintained by the North American regional sector. North America is well known for its substantial investments in aviation and aerospace as well as its technological advancements. These include improvements in engine design and testing protocols, which have raised the need for complex engine test cells.
Moreover, the Europe market has been persistently growing over the forecast period, fueled by the growing aviation industry in the region. The increase in air travel, the rise of low-cost carriers, and significant government spending on aviation infrastructure across the region are some of the causes driving this boom. Aviation engine testing and R&D facilities have seen large investments as a result of the goal of producing aircraft engines independently.
Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period. The market for aircraft engine test cell solutions is expanding quickly and dynamically due to the expanding aviation sector in the Asia-Pacific region. This expansion is being driven by a number of factors, such as the increase in air travel, the proliferation of low-cost carriers, and large government investments in aviation infrastructure throughout the region.
Furthermore, the rest of the world's aircraft engine test cells market is divided into the Middle East, Africa, and Latin America. The market for aircraft engine test cell solutions is growing quickly due to the increasing expansion of the aviation industry in the rest of the world. Low-cost airlines, more air travel, and government infrastructure upgrades are some of the causes propelling the aviation industry's growth in the area.
Key Findings of the Study
- The global aircraft engine test cells market is expected to reach USD 4.977 billion by 2032, at a CAGR of 4.50% during the forecast period.
- The Asia-Pacific region accounted for the fastest-growing global market, which is attributed to several elements, including the rise in air travel, the spread of low-cost airlines, and significant government investments in the region's aviation infrastructure.
- Based on point of sale, the retrofit & upgrades segment was attributed to holding the largest market in 2023.
- General Electric (US), Safran (France), MDS Aero Support Corporation (US), CEL (Canada), RTX Corporation (US), Calspan Corporation (US), Atec, Inc. (US), Rolls-Royce plc (UK), and Honeywell International Inc. (US) are the key market players.
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Companies Covered | 15 |
Pages | 128 |
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