The latest update of “Global Wind Tunnel Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Wind Tunnel Market.
Overview of the Wind Tunnel Market:
The wind tunnel is a device used across aerodynamic research to study and analyze the effects of movements through air or resistance to moving air on the model of aircraft and spacecraft. They are simply a larger hollow tube that is used to replicate the movement of objects flying through the air. Moreover, wind tunnel also includes sensors that provide accurate information regarding objects in contact with air.
The rising demand for wind tunnels from the aerospace and defense industry is predominantly fueling the market growth. High demand for wind tunnels for automotive testing is also expected to propel the market growth of the wind tunnel. The introduction of new generation high-speed railways, aircraft, and missiles is further expected to foster the market growth of the wind tunnel. The growing application of wind tunnels for the installation of wind energy is again anticipated to propel the market growth of the wind tunnel. According to the report published by India Brand Equity Foundation in June 2020, around 15,000 megawatts (MW) of wind-solar hybrid capacity is expected to come up over the next five years as the government is focusing on increasing the share of renewable energy in India. Moreover, growth in the construction industry is further estimated to bolster the market growth of the wind tunnel over the forecast period.
North America is expected to gain significant growth over the forecast period and this is attributed to the increasing focus of manufacturers on developing an advanced system in the aerospace and automotive industry. For instance, in March 2018, Textron Aviation Inc. announced that it has completed initial wind tunnel testing of its new twin-engine Cessna SkyCourier turboprop. Results from comprehensive wind tunnel tests provide performance and aerodynamic characteristics and structural load data, further finalizing the aircraft design.
Key Developments:
- In January 2019, Mahindra has released a video showing the XUV300 undergoing wind tunnel testing at Pininfarina's facility in Turin, Italy.
- In November 2017, Volkswagen inaugurates the new Wind Tunnel Efficiency Center.
- In June 2018, Pirelli has partnered with IXOOST, an Italian firm from Modena that specializes in high-end car audio, to create a new sound experience inspired by motorsport. The new system includes a cutting-edge Bluetooth™ speaker within a replica Wind Tunnel Tyre: made by Pirelli for Formula 1™ Teams to conduct aerodynamic testing.
- In March 2019, Virginia Tech enters a partnership with NASA to conduct benchmark Stability Wind Tunnel experiments
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Wind Tunnel Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Wind Tunnel Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market 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.
- Pininfarina
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Wind Tunnel Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- Supersonic
- Transonic
- Subsonic
- Hypersonic
By Applications, the market is segmented into:
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Wind Tunnel Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Wind Tunnel Market Share by Application: 2021 VS 2027
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Wind Tunnel Market
1.6.1 How the Covid-19 is Affecting the Wind Tunnel Market
1.6.1.1 Wind Tunnel Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Wind Tunnel Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Wind Tunnel Market Perspective (2015-2027)
2.2 Wind Tunnel Market Growth Trends by Regions
2.2.1 Wind Tunnel Market Size by Regions: 2015 VS 2021 VS 2027
2.2.2 Wind Tunnel Market Historic Market Share by Regions (2015-2021)
2.2.3 Wind Tunnel Market Forecasted Market Size by Regions (2021-2027)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Wind Tunnel Market Growth Strategy
2.3.6 Primary Interviews with Key Wind Tunnel Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Wind Tunnel Market Players by Market Size
3.1.1 Global Top Wind Tunnel Market Players by Revenue (2015-2021)
3.1.2 Global Wind Tunnel Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Wind Tunnel Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Wind Tunnel Market Concentration Ratio
3.2.1 Global Wind Tunnel Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Wind Tunnel Market Revenue in 2019
3.3 Wind Tunnel Market Key Players Head office and Area Served
3.4 Key Players Wind Tunnel Market Product Solution and Service
3.5 Date of entering into Wind Tunnel Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2027)
4.1 Global Wind Tunnel Market Historic Market Size by Type (2015-2021)
4.2 Global Wind Tunnel Market Forecasted Market Size by Type (2021-2027)
5 Wind Tunnel Market Breakdown Data by Application (2015-2027)
5.1 Global Wind Tunnel Market Size by Application (2015-2021)
5.2 Global Wind Tunnel Market Forecasted Market Size by Application (2021-2027)
6 North America
6.1 North America Wind Tunnel Market Size (2015-2021)
6.2 Wind Tunnel Market Key Players in North America (2019-2021)
6.3 North America Wind Tunnel Market Size by Type (2015-2021)
6.4 North America Wind Tunnel Market Size by Application (2015-2021)
7 Europe
7.1 Europe Wind Tunnel Market Size (2015-2021)
7.2 Wind Tunnel Market Key Players in Europe (2019-2021)
7.3 Europe Wind Tunnel Market Size by Type (2015-2021)
7.4 Europe Wind Tunnel Market Size by Application (2015-2021)
8 China
8.1 China Wind Tunnel Market Size (2015-2021)
8.2 Wind Tunnel Market Key Players in China (2019-2021)
8.3 China Wind Tunnel Market Size by Type (2015-2021)
8.4 China Wind Tunnel Market Size by Application (2015-2021)
9 Japan
9.1 Japan Wind Tunnel Market Size (2015-2021)
9.2 Wind Tunnel Market Key Players in Japan (2019-2021)
9.3 Japan Wind Tunnel Market Size by Type (2015-2021)
9.4 Japan Wind Tunnel Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Wind Tunnel Market Size (2015-2021)
10.2 Wind Tunnel Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Wind Tunnel Market Size by Type (2015-2021)
10.4 Southeast Asia Wind Tunnel Market Size by Application (2015-2021)
11 India
11.1 India Wind Tunnel Market Size (2015-2021)
11.2 Wind Tunnel Market Key Players in India (2019-2021)
11.3 India Wind Tunnel Market Size by Type (2015-2021)
11.4 India Wind Tunnel Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Wind Tunnel Market Size (2015-2021)
12.2 Wind Tunnel Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Wind Tunnel Market Size by Type (2015-2021)
12.4 Central & South America Wind Tunnel Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Wind Tunnel Market Introduction
13.4 Wind Tunnel Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Wind Tunnel Market Key Market Segments
Table 2. Key Players Covered: Ranking by Wind Tunnel Market Revenue
Table 3. Ranking of Global Top Wind Tunnel Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Wind Tunnel Market Size Growth Rate by Type (US$ Million): 2021 VS 2027
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Wind Tunnel Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Wind Tunnel Market Players to Combat Covid-19 Impact
Table 10. Global Wind Tunnel Market Size Growth by Application (US$ Million): 2021 VS 2027
Table 11. Global Wind Tunnel Market Size by Regions (US$ Million): 2021 VS 2027
Table 12. Global Wind Tunnel Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Wind Tunnel Market Share by Regions (2015-2021)
Table 14. Global Wind Tunnel Market Forecasted Market Size by Regions (2021-2027) (US$ Million)
Table 15. Global Wind Tunnel Market Share by Regions (2021-2027)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Wind Tunnel Market Growth Strategy
Table 20. Main Points Interviewed from Key Wind Tunnel Market Players
Table 21. Global Wind Tunnel Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Wind Tunnel Market Share by Players (2015-2021)
Table 23. Global Top Wind Tunnel Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Wind Tunnel Market as of 2019)
Table 24. Global Wind Tunnel Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Wind Tunnel Market Product Solution and Service
Table 27. Date of entering into Wind Tunnel Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Wind Tunnel Market Size by Type (2015-2021) (Million US$)
Table 30. Global Wind Tunnel Market Size Share by Type (2015-2021)
Table 31. Global Wind Tunnel Market Revenue Market Share by Type (2021-2027)
Table 31. Global Wind Tunnel Market Size Share by Application (2015-2021)
Table 33. Global Wind Tunnel Market Size by Application (2015-2021) (Million US$)
Table 34. Global Wind Tunnel Market Size Share by Application (2021-2027)
Table 35. North America Key Players Wind Tunnel Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Wind Tunnel Market Share (2019-2021)
Table 37. North America Wind Tunnel Market Size by Type (2015-2021) (Million US$)
Table 38. North America Wind Tunnel Market Share by Type (2015-2021)
Table 39. North America Wind Tunnel Market Size by Application (2015-2021) (Million US$)
Table 40. North America Wind Tunnel Market Share by Application (2015-2021)
Table 41. Europe Key Players Wind Tunnel Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Wind Tunnel Market Share (2019-2021)
Table 43. Europe Wind Tunnel Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Wind Tunnel Market Share by Type (2015-2021)
Table 45. Europe Wind Tunnel Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Wind Tunnel Market Share by Application (2015-2021)
Table 47. China Key Players Wind Tunnel Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Wind Tunnel Market Share (2019-2021)
Table 49. China Wind Tunnel Market Size by Type (2015-2021) (Million US$)
Table 50. China Wind Tunnel Market Share by Type (2015-2021)
Table 51. China Wind Tunnel Market Size by Application (2015-2021) (Million US$)
Table 52. China Wind Tunnel Market Share by Application (2015-2021)
Table 53. Japan Key Players Wind Tunnel Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Wind Tunnel Market Share (2019-2021)
Table 55. Japan Wind Tunnel Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Wind Tunnel Market Share by Type (2015-2021)
Table 57. Japan Wind Tunnel Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Wind Tunnel Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Wind Tunnel Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Wind Tunnel Market Share (2019-2021)
Table 61. Southeast Asia Wind Tunnel Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Wind Tunnel Market Share by Type (2015-2021)
Table 63. Southeast Asia Wind Tunnel Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Wind Tunnel Market Share by Application (2015-2021)
Table 65. India Key Players Wind Tunnel Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Wind Tunnel Market Share (2019-2021)
Table 67. India Wind Tunnel Market Size by Type (2015-2021) (Million US$)
Table 68. India Wind Tunnel Market Share by Type (2015-2021)
Table 69. India Wind Tunnel Market Size by Application (2015-2021) (Million US$)
Table 70. India Wind Tunnel Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Wind Tunnel Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Wind Tunnel Market Share (2019-2021)
Table 73. Central & South America Wind Tunnel Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Wind Tunnel Market Share by Type (2015-2021)
Table 75. Central & South America Wind Tunnel Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Wind Tunnel Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Wind Tunnel Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Wind Tunnel Market Share by Type: 2021 VS 2027
Figure 2. Global Wind Tunnel Market Share by Application: 2021 VS 2027
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Wind Tunnel Market Report Years Considered
Figure 8. Global Wind Tunnel Market Size YoY Growth 2015-2027 (US$ Million)
Figure 9. Global Wind Tunnel Market Share by Regions: 2021 VS 2027
Figure 10. Global Wind Tunnel Market Share by Regions (2021-2027)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Wind Tunnel Market Share by Players in 2019
Figure 13. Global Top Wind Tunnel Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Wind Tunnel Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Wind Tunnel Market Revenue in 2019
Figure 15. North America Wind Tunnel Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Wind Tunnel Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Wind Tunnel Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Wind Tunnel Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Wind Tunnel Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Wind Tunnel Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Wind Tunnel Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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