Growth Opportunities for Electronic Test and Measurement in Aerospace & Defense
Technological Advancements in the Defense and Commercial Space Sectors Fuel Innovation
This Frost & Sullivan study examines key trends in the global electronic test and measurement in aerospace & defense (A&D) industry from 2022 to 2027 and identifies factors that will drive and restrain growth. The report discusses 5 test equipment types (general-purpose, data acquisition [DAQ], electrical, environmental, and general-purpose test software) in field, research and development, and manufacturing applications across the commercial aviation, commercial space, and defense verticals. The base year of this analysis is 2022, and the forecast period is 2023 to 2027.
The global electronic test and measurement in A&D market generated revenue of $2,470.7 million in 2022, increasing at a growth rate of 4.9%. Frost & Sullivan expects market growth drivers to include high defense budgets in response to global geopolitical tensions, advancements and investments in space activities, and rising demand for future-oriented communication technologies in A&D. In addition, the industry’s sustainability goals, such as electric/hybrid aircraft, will offer growth opportunities to electronic test and measurement players throughout the forecast period.
Strategic Imperatives
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on Electronic Test and Measurement in the Aerospace & Defense (A&D) Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Growth Opportunity Analysis
Scope of Analysis
Segmentation
Key Competitors
Growth Metrics
Distribution Channels
Growth Drivers
Growth Driver Analysis
Growth Restraints
Growth Restraint Analysis
Forecast Assumptions
Revenue Forecast
Table Electronic Test & Measurement in A&D Market: Revenue Forecast, Global, 2019–2029
Revenue Forecast by Equipment Type
Table Electronic Test & Measurement in A&D Market: Revenue Forecast by Equipment Type, Global, 2019–2029
Revenue Forecast by Application
Table Electronic Test & Measurement in A&D Market: Revenue Forecast by Application, Global, 2019–2029
Revenue Forecast by Vertical
Table Electronic Test & Measurement in A&D Market: Revenue Forecast by Vertical, Global, 2019–2029
Revenue Forecast by Region
Table Electronic Test & Measurement in A&D Market: Revenue Forecast by Region, Global, 2019–2029
Forecast Analysis
Pricing Trends and Forecast Analysis
Competitive Environment
Revenue Share
Growth Opportunity Analysis: General-purpose Test Equipment
Growth Metrics
Revenue Forecast
Table General-purpose Test Equipment: Revenue Forecast, Global, 2019–2029
Revenue Forecast by Application
Table General-purpose Test Equipment: Revenue Forecast by Application, Global, 2019–2029
Revenue Forecast by Vertical
Table General-purpose Test Equipment: Revenue Forecast by Vertical, Global, 2019–2029
Revenue Forecast by Region
Table General-purpose Test Equipment: Revenue Forecast by Region, Global, 2019–2029