Wind Tunnel Market size shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
Wind tunnels are devices that enable researchers to study air flow over objects, the forces acting on them and their interactions. It is a large tube that contains high speed air moving inside it. It copies how an object in flight acts like.
Wind tunnels are vital equipment used to learn more on how aircrafts fly. They can be used in testing scale models of aircrafts and spacecrafts. Some are big enough to hold real vehicles. The parts of a wind tunnel include; the settling chamber, the contraction cone, the test section, the diffuser, and the drive section.
Wind tunnels continuously move air around an object to make it look like it is actually flying. They work by having strong powerful fans move air through the tube. The device being simulated is tied in the tunnel to keep it in position. The device acts like it is in real air with the fans blowing air all around it. Smoke or dyes can be injected into the air so as to monitor air movements.
Criteria in wind tunnels is the maximum speed achievable, uniformity of the flow and turbulence levels. All planes, helicopters, and spaceships in operation have been tested in wind tunnels.
Wind tunnels are applied mainly in aeronautics, and in automotive, architecture, education and environment.
Wind Tunnel Market Growth and Trends
Wind tunnels are massive air filled tubes which assist the flying ability of an aircraft. Suitably designed and techno-mechanically manufactured, wind tunnels research organizations such as NASA and ISRO employ it to test rockets and spacecraft. The prime factors responsible for accelerating its future demand are mentioned hereby:
- Both automotive industries, specially the aviation sector employ their extensive utility.
- Industries such as aeronautical firms and defence force integrate their vessels with wind tunnels. In fact, these air-brimming passages aid such aircrafts to survive in adverse climatic conditions.
- Next, the global demand for high speed commercial aeroplanes, missiles and railways is on its peak, thus increasing the market requirement of wind tunnels.
- Additionally, many businesses and private investing firms wholeheartedly welcome a growth in this sector. This makes them willing contribute to the developing market.
- Last but not least; construction industries too network some of their units and products with appropriate and highly efficient wind tunnels.
Challenges to Wind Tunnel market
The future market for wind tunnels is fraught with challenges which may diminish its demand in the forecast period.
- The installation of wind tunnels could bear a heavy burden on the investor or a company’s profit.
- The contemporary era witnesses a decent utility of computational fluid dynamics (CFD) as feasible alternatives to tunnels.
- Finally, owning to the COVID-19 pandemic conditions, the aviation sector encounters a fall of 44% in 2020 (around 419 billion dollars). This decline in revenue may negatively impact the market for wind tunnels.
Wind Tunnel Market Regional Analysis
Wind Tunnel Market Share and Competition
Key companies operating in this industry are: Aerolab LLC., Aiolos, Altair Engineering, Inc., Atlas Obscura, BMT, Boeing, Calspan, DALLARA, Deutsche WindGuard GmbH, DNW, HORIBA, Ltd., Lockheed Martin Corporation, MDPI, Mitsubishi Heavy Industries, Ltd., PCB Piezotronics, Inc., and Pininfarina. Other industries in this domain that is growing at a high CAGR include Aircraft Windows And Windshields Market and Shield Tunnel Boring Machine Market.
Wind Tunnel Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Design Type Analysis (Revenue, USD Million, 2020 - 2027)
• Open Circuit Wind Tunnels
• Closed Circuit Wind Tunnel
Air Speed Analysis (Revenue, USD Million, 2020 - 2027)
• Supersonic
• Transonic
• Subsonic
• Hypersonic
Testing Type Analysis (Revenue, USD Million, 2020 - 2027)
• Model Scale Testing
• Full Scale Testing
Distribution Channel Analysis (Revenue, USD Million, 2020 - 2027)
• Direct sale (OEM)
• Indirect sales
Alignment Analysis (Revenue, USD Million, 2020 - 2027)
• Horizontal
• Vertical
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Transportation
• Building Construction
• Wind Energy
• Racing Championships
• Training and Simulation
• Adventure Sports Skydiving
• Aerospace
• Defense
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Wind Tunnel Market Companies
• Aerolab LLC.
• Aiolos
• Altair Engineering, Inc.
• Atlas Obscura
• BMT
• Boeing
• Calspan
• DALLARA
• Deutsche WindGuard GmbH
• DNW
• HORIBA, Ltd.
• Lockheed Martin Corporation
• MDPI
• Mitsubishi Heavy Industries, Ltd.
• PCB Piezotronics, Inc.
• Pininfarina
Available Versions: -
United States Wind Tunnel Market Research Report
Europe Wind Tunnel Market Research Report
Asia Pacific Wind Tunnel Market Research Report
India Wind Tunnel Market Research Report
