Industries > Aviation > Global Wind Tunnel Market Report 2019-2029

Global Wind Tunnel Market Report 2019-2029

Analysis by Solution (Products, Services), Alignment (Horizontal, Vertical), Air Speed (Subsonic, Transonic, Supersonic, Hypersonic), Application (Aerospace & Defense, Transportation, Racing Championship, Building Construction & Wind Energy, Adventure Sports Skydiving, Training & Simulation), Company and Country Analysis and Forecasts

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PRODUCT CODE: AVI0094
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Market Definition:
• Wind tunnel are large tubes that are used in producing a controlled stream of air in order to study the effects of movement through air or resistance to moving air on models of aircraft
• These tunnel consists of a tubular channel with the object under test mounted in the middle. Air is made to move past the thing by a powerful fan system or other means.
• Wind tunnels are classified according to the air speed needed that includes subsonic, transonic, supersonic, and hypersonic.
• In addition, the wind tunnels also consist of sensors that provide the hard data regarding an object’s interaction with wind. This helps the scientists to observe experiments on wind tunnel visually.
• The demand from the aerospace & defense, transportation, racing championship, building construction & wind energy, and other applications has increased the wind tunnel market industry size.

Market Overview and Trends
• High speed data acquisition analysis due to the adoption of real-time robotic flow visualization and remote health monitoring and key performance indicators tracking tools are trending market developments that will led to the wind tunnel market growth.
• Development of the fastest wind tunnels for testing weapons and miniaturized wind tunnel systems for simulation and testing
• Wireless data acquisition and big data analytics & machine learning application in wind tunnels has developed new wind tunnel market trend

Market Dynamics:

Factors Influencing the Market Growth:
• The increased demand for UAVs across the world and development of new generation high speed aircraft and missiles is driving the wind tunnel market growth.
• Use of wind tunnels for adventure sports, military, construction, and wind energy industries will further propel the wind tunnel industry growth.
• Additionally, the increased investments for the development of electric vehicles is motivating to enhance the wind tunnel market size.

Factors Restraining the Market Growth:
• High costs associated to installation and maintenance of wind tunnels may limit the wind tunnel market expansion.
• Replacement of wind tunnel testing with computational fluid dynamics (CFD) testing
• Restrictions imposed on wind tunnel testing hours is likely to hinder the wind tunnel market growth over the forecast timeframe.

Market Segmentation 2019-2029:
The wind tunnel market is segmented on the solution, alignment, air speed, application, and geography.

Solution
• Products Market, 2019-2029
– Hardware Market, 2019-2029
– Software Market, 2019-2029
• Services Market, 2019-2029
– Testing Facility Services Market, 2019-2029
– Wind Tunnel Maintenance Services Market, 2019-2029

Alignment
• Horizontal Market, 2019-2029
– Open Circuit Market, 2019-2029
– Closed Circuit Market, 2019-2029
– Recirculation Market, 2019-2029
• Vertical Market, 2019-2029
– Open Market, 2019-2029
– Wall-To-Wall Market, 2019-2029
– Recirculation/Single Loop Market, 2019-2029

Air Speed
• Subsonic Market, 2019-2029
• Transonic Market, 2019-2029
• Supersonic Market, 2019-2029
• Hypersonic Market, 2019-2029

Application
• Aerospace & Defense Market, 2019-2029
• Transportation Market, 2019-2029
• Racing Championship Market, 2019-2029
• Building Construction & Wind Energy Market, 2019-2029
• Adventure Sports Skydiving Market, 2019-2029
• Training & Simulation Market, 2019-2029

Geographic Breakdown
Focused regional forecasts and analysis explore the future opportunities:
• North America Market, 2019-2029
• Europe Market, 2019-2029
• Asia-Pacific Market, 2019-2029
• LAMEA Market, 2019-2029

Competitive Analysis:
• Research and development is the primary strategy adopted by the key players in the wind tunnel market.
• These companies has developed various strategies and developments such as product launch, partnerships, mergers & acquisitions, joint venture, and collaborations.
• Lockheed Martin acquired a wind tunnel that is one of only two of its kind in the United States, and is planning key improvements to the facility. Planned improvements include a new air-compressor system that is projected to reduce operating costs significantly, an updated data-acquisition system and the upgrading of utilities.

Major Market Players:
Boeing, Lockheed Martin, Aiolos, Aerolab, Horiba, FKFS, Mahle, Mitsubishi Heavy Industries, Rail Tec Arsenal (RTA), and Ruag Group.

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