Middle East and Africa Wind Tunnel Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Solution (Products and Services), Alignment (Horizontal and Vertical), Airspeed Type (Subsonic, Supersonic, Transonic, and Hypersonic), and Application (Aerospace & Defense, Automotive & Transportation, Building Construction & Wind Energy, Training & Simulation, Adventure Sports Skydiving, and Others)      

Code: TIPRE00029123 | Pages: 121 | Industry: Manufacturing and Construction | Date: May 2022
Covid

The wind tunnel market in MEA is expected to grow from US$ 84.78 million in 2021 to US$ 102.19 million by 2028; it is estimated to grow at a CAGR of 2.7% from 2021 to 2028.

 

Wind tunnel experiments are being widely used by architects, engineers, and aerodynamicists to assess a broad range of structures, such as buildings, vehicles, and aircraft designs. The existing wind tunnel types used across multiple industries are low subsonic, transonic, supersonic, and hypersonic, based on the amount of wind speed they can produce. However, physical wind tunnels are being replaced by wind tunnel simulation in aerodynamic testing. Its primary use is to visualize air flows around an object to assess its aerodynamics. The simulator assists design engineers by optimizing lifting and dragging, detecting and eliminating high wind speed zones, increasing top speed, and reducing wind noise, thereby optimizing automotive, aerospace, and construction planning operations. Wind tunnel simulation results in elevated prototyping and manufacturing lead times, operational costs, and computational fluid dynamics (CFD) simulations, allowing engineers to study the aerodynamic loads and reduce the inaccuracies in wind tunnel test experiments.

Cloud-based simulation allows the user to run simulations in parallel to test multiple design iterations at the same time or investigate different aspects of a design simultaneously. Several prominent simulation providers and wind testing companies offer a range of advanced cloud-based wind tunnel solutions to meet the rising requirements of aerodynamics testing in multiple industries. Altair introduced HyperWorks Virtual Wind Tunnel, which is a vertical application designed to improve wind tunnel simulation for the automotive industry. The virtual tunnel provides a friendly, intuitive user environment and an auto-setup process. Additionally, the simulation results can be incorporated with the high-performance computing systems from within the HyperWorks Virtual Wind Tunnel environment. Koenigsegg, a renowned manufacturer of high-performance supercars, uses the ICON simulation software on a cloud-based-HPC system to reduce wind tunnel testing duration and processes. Simulation allows the company’s designers to access powerful computing resources remotely, reducing hardware expenses and maintenance costs. Therefore, the transformation of physical wind tunnels toward their virtual counterparts is paving the way for future MEA wind tunnel market trends.

 

With the new features and technologies, vendors attract new customers and expand their footprints in emerging markets. This factor is driving the growth of the MEA wind tunnel market and is expected to grow at a significant CAGR during the forecast period.

 

MEA Wind Tunnel Market Revenue and Forecast to 2028 (US$ Million)

MEA Wind Tunnel Market Revenue and Forecast to 2028 (US$ Million)

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MEA Wind Tunnel Market Segmentation

The MEA wind tunnel market is analyzed on the basis of solution, alignment, airspeed type, application, and country. Based on the solution, the market is bifurcated into services and products. The services segment is expected to continue its dominance during the forecast period. Wind tunnels' reduced operation & maintenance (O&M) costs and the easy availability of technical installation and maintenance drive the segment's growth. Based on alignment type, the market is bifurcated into horizontal and vertical segments. The horizontal segment accounted for a larger market share in 2020 and is expected to continue its dominance. Based on airspeed type, the market is segmented into subsonic, supersonic, transonic, and hypersonic. The subsonic segment held the largest market share in 2020. The rising demand for commercial aircraft and automotive testing services is the primary factor responsible for the growth of this segment. Based on application, the market is segmented into aerospace and defense, automotive and transportation, building construction and wind energy, training and simulation, adventure sports skydiving, and others. The aerospace and defense segment held the largest market share in 2020 and is expected to continue its dominance during the forecast period. The increased usage of wind tunnels for testing aircraft used for aerospace and defense applications is a major factor responsible for the segment's growth. Based on country, the market is segmented into Saudi Arabia, South Africa, the UAE, and the rest of the MEA. Furthermore, Aerolab; Boeing; Horiba Ltd; Lockheed Martin Corporation; Mahle GmbH; Mitsubishi Heavy Industries, Ltd; and RUAG are among the leading companies in the MEA wind tunnel market.     

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           MEA Wind Tunnel Market Landscape

4.1         Market Overview

4.2         MEA PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           MEA Wind Tunnel Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        High Usage in Aircraft Development

5.1.2        Exponential Growth in Green Buildings Market

5.2         Market Restraints

5.2.1        High Costs and Operational Issues Associated with Wind Tunnel Tests

5.3         Market Opportunities

5.3.1        Increasing Acceptance of Electric Vehicles

5.4         Future Trends

5.4.1        Wind Tunnel Simulations on Cloud-Based Technology

5.5         Impact Analysis of Drivers and Restraints

6.           Wind Tunnel Market – MEA Analysis

6.1         MEA Wind Tunnel Market Overview

6.2         MEA Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

7.           MEA Wind Tunnel Market Analysis – By Solution

7.1         Overview

7.2         MEA Wind Tunnel Market, By Solution (2020 and 2028)

7.3         Products

7.3.1        Overview

7.3.2        Products: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

7.4         Services

7.4.1        Overview

7.4.2        Services: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

8.           MEA Wind Tunnel Market – By Alignment

8.1         Overview

8.2         MEA Wind Tunnel Market, By Alignment (2020 and 2028)

8.3         Horizontal

8.3.1        Overview

8.3.2        Horizontal: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Vertical

8.4.1        Overview

8.4.2        Vertical: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

9.           MEA Wind Tunnel Market – By Airspeed Type

9.1         Overview

9.2         MEA Wind Tunnel Market, By Airspeed Type (2020 and 2028)

9.3         Subsonic

9.3.1        Overview

9.3.2        Subsonic: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

9.4         Supersonic

9.4.1        Overview

9.4.2        Supersonic: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

9.5         Transonic

9.5.1        Overview

9.5.2        Transonic: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

9.6         Hypersonic

9.6.1        Overview

9.6.2        Hypersonic: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

10.        MEA Wind Tunnel Market – By Application

10.1      Overview

10.2      MEA Wind Tunnel Market, By Application (2020 and 2028)

10.3      Aerospace and Defense

10.3.1     Overview

10.3.2     Aerospace and Defense: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

10.4      Automotive and Transportation

10.4.1     Overview

10.4.2     Automotive and Transportation: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

10.5      Building Construction and Wind Energy

10.5.1     Overview

10.5.2     Building Construction and Wind Energy: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

10.6      Training and Simulation

10.6.1     Overview

10.6.2     Training and Simulation: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

10.7      Adventure Sports Skydiving

10.7.1     Overview

10.7.2     Adventure Sports Skydiving: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

10.8      Others

10.8.1     Overview

10.8.2     Others: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

11.        MEA Wind Tunnel Market – Country Analysis

11.1      Overview

11.1.1     MEA: Wind Tunnel Market, by Key Country

11.1.1.1       South Africa: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1       South Africa: Wind Tunnel Market, By Solution

11.1.1.1.2       South Africa: Wind Tunnel Market, By Alignment

11.1.1.1.3       South Africa: Wind Tunnel Market, By Airspeed Type

11.1.1.1.4       South Africa: Wind Tunnel Market, By Application

11.1.1.2       Saudi Arabia: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1       Saudi Arabia: Wind Tunnel Market, By Solution

11.1.1.2.2       Saudi Arabia: Wind Tunnel Market, By Alignment

11.1.1.2.3       Saudi Arabia: Wind Tunnel Market, By Airspeed Type

11.1.1.2.4       Saudi Arabia: Wind Tunnel Market, By Application

11.1.1.3       UAE: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1       UAE: Wind Tunnel Market, By Solution

11.1.1.3.2       UAE: Wind Tunnel Market, By Alignment

11.1.1.3.3       UAE: Wind Tunnel Market, By Airspeed Type

11.1.1.3.4       UAE: Wind Tunnel Market, By Application

11.1.1.4       Rest of MEA: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.4.1       Rest of MEA: Wind Tunnel Market, By Solution

11.1.1.4.2       Rest of MEA: Wind Tunnel Market, By Alignment

11.1.1.4.3       Rest of MEA: Wind Tunnel Market, By Airspeed Type

11.1.1.4.4       Rest of MEA: Wind Tunnel Market, By Application

12.        Wind Tunnels Market- Industry Landscape

12.1      Overview

12.2      Mergers and Acquisitions

12.3      New Product Launches

12.4      Expansions And Other Strategic Developments

13.        Company Profiles

13.1      Aerolab

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Boeing

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      Horiba Ltd.

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Lockheed Martin Corporation

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Mahle GmbH

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      Mitsubishi Heavy Industries, Ltd.

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      RUAG

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Word Index

 


LIST OF TABLES

Table 1.             MEA Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

Table 2.             MEA: Wind Tunnel Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 3.             South Africa: Wind Tunnel Market, By Solution – Revenue and Forecast to 2028 (US$ Million)

Table 4.             South Africa: Wind Tunnel Market, By Alignment – Revenue and Forecast to 2028 (US$ Million)

Table 5.             South Africa: Wind Tunnel Market, By Airspeed Type – Revenue and Forecast to 2028 (US$ Million)

Table 6.             South Africa: Wind Tunnel Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 7.             Saudi Arabia: Wind Tunnel Market, By Solution – Revenue and Forecast to 2028 (US$ Million)

Table 8.             Saudi Arabia: Wind Tunnel Market, By Alignment – Revenue and Forecast to 2028 (US$ Million)

Table 9.             Saudi Arabia: Wind Tunnel Market, By Airspeed Type – Revenue and Forecast to 2028 (US$ Million)

Table 10.          Saudi Arabia: Wind Tunnel Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 11.          UAE: Wind Tunnel Market, By Solution – Revenue and Forecast to 2028 (US$ Million)

Table 12.          UAE: Wind Tunnel Market, By Alignment – Revenue and Forecast to 2028 (US$ Million)

Table 13.          UAE: Wind Tunnel Market, By Airspeed Type – Revenue and Forecast to 2028 (US$ Million)

Table 14.          UAE: Wind Tunnel Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 15.          Rest of MEA: Wind Tunnel Market, By Solution – Revenue and Forecast to 2028 (US$ Million)

Table 16.          Rest of MEA: Wind Tunnel Market, By Alignment – Revenue and Forecast to 2028 (US$ Million)

Table 17.          Rest of MEA: Wind Tunnel Market, By Airspeed Type – Revenue and Forecast to 2028 (US$ Million)

Table 18.          Rest of MEA: Wind Tunnel Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 19.          List of Abbreviation

 


LIST OF FIGURES

Figure 1.           MEA Wind Tunnel Market Segmentation

Figure 2.           MEA Wind Tunnel Market Segmentation – By Country

Figure 3.           MEA Wind Tunnel Market Overview

Figure 4.           MEA Wind Tunnel Market, By Solution

Figure 5.           MEA Wind Tunnel Market, By Alignment

Figure 6.           MEA Wind Tunnel Market, By Airspeed Type

Figure 7.           MEA Wind Tunnel Market, By Country

Figure 8.           MEA: PEST Analysis

Figure 9.           Expert Opinion

Figure 10.        MEA Wind Tunnel Market: Impact Analysis of Drivers and Restraints

Figure 11.        MEA Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12.        MEA Wind Tunnel Market Revenue Share, By Solution (2020 and 2028)

Figure 13.        MEA Products: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        MEA Services: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        MEA Wind Tunnel Market Revenue Share, By Alignment (2020 and 2028)

Figure 16.        MEA Horizontal: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        MEA Vertical: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        MEA Wind Tunnel Market Revenue Share, By Airspeed Type (2020 and 2028)

Figure 19.        MEA Subsonic: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        MEA Supersonic: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        MEA Transonic: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        MEA Hypersonic: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        MEA Wind Tunnel Market Revenue Share, By Application (2020 and 2028)

Figure 24.        MEA Aerospace and Defense: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        MEA Automotive and Transportation: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        MEA Building Construction and Wind Energy: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.        MEA Training and Simulation: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        MEA Adventure Sports Skydiving: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        MEA Others: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        MEA: Wind Tunnel Market, by Key Country – Revenue (2020) (US$ Million)

Figure 31.        MEA: Wind Tunnel Market Revenue Share, by Key Country (2020 & 2028)

Figure 32.        South Africa: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33.        Saudi Arabia: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34.        UAE: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35.        Rest of MEA: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

  1. Aerolab
  2. Boeing
  3. Horiba Ltd
  4. Lockheed Martin Corporation
  5. Mahle GmbH
  6. Mitsubishi Heavy Industries, Ltd
  7. RUAG
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA wind tunnel market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the MEA wind tunnel market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the wind tunnel market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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