North America 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)      

TIPRE00029125 | Pages: 122 | Manufacturing and Construction | May 2022 | Type: Regional | Status: Published

The wind tunnel market in North America is expected to grow from US$ 851.13 million in 2021 to US$ 1,132.48 million by 2028; it is estimated to grow at a CAGR of 4.9% from 2021 to 2028.

 

The US, Canada, and Mexico are major economies in North America. Wind tunnels simulate air movement around an in-flight aircraft. They are widely used in the aerospace industry as they allow aeronautical engineers to control the conditions affecting the forces and motion of the plane. The engineer can determine and analyze the magnitude of forces on a real full-size aircraft by recreating it on a scaled-down aircraft model. Furthermore, the wind tunnel-based model can also be applied for testing and diagnostics to carry out a comprehensive analysis of the aerodynamics of the aircraft body by determining the air movement around or through the aircraft. Wind tunnels were primarily used to observe and determine the fundamental working of new aircraft designs, but the dominance of tube and wing design in the market has led to extensive use in the verification and certification processes. The dynamic nature of aeronautic research and more efficient integration with computational fluid dynamics (CFD) software contributes to the widespread use of wind tunnels.

The specifications of aircraft model testing have become highly stringent, leading to an increase in the use of wind tunnels made of carbon-epoxy and other composite materials. These tunnels are fabricated using masters prepared through numerically controlled machining. These lightweight models exhibit dimensional accuracy, long-term stability, and hollowness; thus, a comprehensive instrumentation range can be carried. These advancements in wind tunnels ensure that the effects of aerodynamic interference between the models and their support and instrumentation systems are significantly reduced during wind tunnel testing. The tunnels are designed for specific purposes and are often integrated with sensors and components to generate precise test results. For instance, PCB offers a complete line of dynamic pressure sensors, microphones, and force sensors for wind tunnels. These components for wind tunnels are categorized based on the speed of the wind.

 

During 2020–2021, the aerospace industry witnessed a dramatic fall in aircraft production due to the COVID-19 pandemic. Major aircraft manufacturers experienced a gradual rise in demand with the resumption of air travel after the successful implementation and scale-up of vaccination programs. These developments triggered the production performances of prominent aircraft manufacturers, such as Boeing and Airbus. In 2021, Boeing delivered over 340 jetliners to airlines and other buyers, up from 157 in 2020. Further, Airbus delivered 611 passenger jets in 2021, with an 8% rise over the deliveries in 2020. Therefore, the gradually growing aerospace industry and the widespread use of wind tunnels in aircraft production are bolstering the market growth.

 

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

 

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

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

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North America Wind Tunnel Market Segmentation

The North America wind tunnel market is analyzed on the basis of solution, alignment, airspeed type, application, and country. Based on the solution, the wind tunnel 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 wind tunnel 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. 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 the US, Canada, and Mexico. Furthermore, Aerolab; Aiolos; Boeing; ETW GmbH; Horiba Ltd; Lockheed Martin Corporation; Mahle GmbH; Mitsubishi Heavy Industries, Ltd; Rail Tec Arsenal; and RUAG are among the leading companies in the North America 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.           North America Wind Tunnel Market Landscape

4.1         Market Overview

4.2         North America PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           North America Wind Tunnel Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Huge Adoption in Aircraft Development

5.1.2        Increase 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        Rising Acceptance of Electric Vehicles

5.4         Future Trends

5.4.1        Cloud-Based Wind Tunnel Simulations

5.5         Impact Analysis of Drivers and Restraints

6.           Wind Tunnel Market – North America Analysis

6.1         North America Wind Tunnel Market Overview

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

7.           North America Wind Tunnel Market Analysis – By Solution

7.1         Overview

7.2         North America 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.           North America Wind Tunnel Market – By Alignment

8.1         Overview

8.2         North America 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.           North America Wind Tunnel Market – By Airspeed Type

9.1         Overview

9.2         North America 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.        North America Wind Tunnel Market – By Application

10.1      Overview

10.2      North America 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.        North America Wind Tunnel Market – Country Analysis

11.1      Overview

11.1.1     North America: Wind Tunnel Market, by Key Country

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

11.1.1.1.1       US: Wind Tunnel Market, By Solution

11.1.1.1.2       US: Wind Tunnel Market, By Alignment

11.1.1.1.3       US: Wind Tunnel Market, By Airspeed Type

11.1.1.1.4       US: Wind Tunnel Market, By Application

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

11.1.1.2.1       Canada: Wind Tunnel Market, By Solution

11.1.1.2.2       Canada: Wind Tunnel Market, By Alignment

11.1.1.2.3       Canada: Wind Tunnel Market, By Airspeed Type

11.1.1.2.4       Canada: Wind Tunnel Market, By Application

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

11.1.1.3.1       Mexico: Wind Tunnel Market, By Solution

11.1.1.3.2       Mexico: Wind Tunnel Market, By Alignment

11.1.1.3.3       Mexico: Wind Tunnel Market, By Airspeed Type

11.1.1.3.4       Mexico: 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      Aiolos

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      Boeing

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      Horiba Ltd.

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      Lockheed Martin Corporation

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      Mahle GmbH

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      Mitsubishi Heavy Industries, Ltd.

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

13.8      RUAG

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Word Index

 


LIST OF TABLES

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Table 15.          List of Abbreviation

 


LIST OF FIGURES

Figure 1.           North America Wind Tunnel Market Segmentation

Figure 2.           North America Wind Tunnel Market Segmentation – By Country

Figure 3.           North America Wind Tunnel Market Overview

Figure 4.           North America Wind Tunnel Market, By Solution

Figure 5.           North America Wind Tunnel Market, By Alignment

Figure 6.           North America Wind Tunnel Market, By Airspeed Type

Figure 7.           North America Wind Tunnel Market, By Country

Figure 8.           North America: PEST Analysis

Figure 9.           Expert Opinion

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Figure 30.        North America: Wind Tunnel Market, by key Country – Revenue (2020) (US$ Million)

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

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

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

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

  1. Aerolab
  2. Aiolos
  3. Boeing
  4. ETW GmbH
  5. Horiba Ltd
  6. Lockheed Martin Corporation
  7. Mahle GmbH
  8. Mitsubishi Heavy Industries, Ltd
  9. Rail Tec Arsenal
  10. RUAG
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America 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 North America 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 North America 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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