Global Wind Tunnel Market – Introduction
- A wind tunnel is a device or equipment used in aerodynamic research to study the effect of movements through air or resistance to moving air on the models of spacecraft or aircrafts.
- A wind tunnel comprises a tubular passage with the object under test mounted in the middle.
- Wind tunnels are large tubes or simply a hollow tube, which is used to replicate the actions of the objects moving along the ground or flying through the air.
- Wind tunnels also comprise sensors that are used to provide solid data regarding an object’s contact with air.
- A wind tunnel consists of mainly five parts that includes the contraction cone, the settling chamber, the diffuser, the test section, and the drive section.
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Global Wind Tunnel Market – Dynamics
Key Drivers of the Wind Tunnel Market
- High demand for wind tunnels for automotive testing and testing of commercial aircraft is expected to drive the growth of the wind tunnel market across the world.
- Rising demand for wind tunnels in aerospace & defense is expected to impact the market throughout the forecast period. Wind tunnels are largely used for testing aircrafts in the aerospace & defense application segment, as these aircrafts are mostly bare in critical climatic conditions. This in turn is expected to accelerate the growth of the wind tunnel market during the estimated period 2019-2027.
- Furthermore, increasing demand for UAVs from the military and commercial sector, and expansion of new generation high speed aircraft, missiles, and railways, is expected to boost the growth of the wind tunnel market across the globe.
- Increasing investment for the development of autonomous electric vehicles worldwide is projected to drive the global wind tunnel market.
- The growing usage of wind tunnels for the installation of wind energy is also expected to fuel the growth of the market across the world.
- Moreover, rising demand for wind tunnels in the construction sector is likely to accelerate the growth of the wind tunnel market.
Restraints of the Wind Tunnel Market
- High cost of wind tunnel installation and maintenance is one of the negative factors that restrains the growth of the market.
- Moreover, use of computational fluid dynamics (CFD) testing as a replacement for wind tunnel is another challenge that could hinder the growth of the global wind tunnel market.
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Europe to Hold Major Share of the Global Wind Tunnel Market during the Forecast Period
- Europe is projected to be the top region in the global wind tunnel market during the forecast period owing to increased investments in research and development for the growth of advanced and new systems in the aerospace and automobile sector.
- North America is also expected to hold significant share of the wind tunnel market over the forecast period due to growing expenditure in the aerospace & defense industry. Wind tunnels are used to test scale models of spacecraft which is the main vehicle or machine in NASA (National Aeronautics and Space Administration). This in turn is expected to drive the growth of the global wind tunnel market across North America.
- The wind tunnel market is likely to grow at a significant rate in the Asia Pacific region during the forecast period due to increasing demand for aerodynamic testing of supersonic missiles and aircraft and also due to the growth of the automobile industry in the region.
Global Wind Tunnel Market–Competitive Landscape
Key Players Operating in the Global Market
The global wind tunnel market is highly concentrated with top manufacturers accounting for approximately 25%–30% of the market share. A few of the key players operating in the global wind tunnel market are listed below:
- 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
Global Wind Tunnel Market–Research Scope
The global wind tunnel market can be segmented based on:
- Design Type
- Air Speed
- Testing Type
- Distribution channel
- Alignment
- Application
- Region
Global Wind Tunnel Market, by Design Type
- Open Circuit Wind Tunnels
- Closed Circuit Wind Tunnel
Global Wind Tunnel Market, by Air Speed
- Supersonic
- Transonic
- Subsonic
- Hypersonic
Global Wind Tunnel Market, by Testing Type
- Model Scale Testing
- Full Scale Testing
Global Wind Tunnel Market, by Distribution Channel
- Direct sale (OEM)
- Indirect sales
Global Wind Tunnel Market, by Alignment
- Horizontal
- Vertical
Global Wind Tunnel Market, by Application
- Transportation
- Building Construction
- Wind Energy
- Racing Championships
- Training and Simulation
- Adventure Sports Skydiving
- Aerospace and Defense
Global Wind Tunnel Market, by Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Sweden
- Russia & CIS
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- ASEAN
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
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