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.
Table of Contents
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
Revenue Forecast by Equipment Type
Revenue Forecast by Application
Revenue Forecast by Vertical
Revenue Forecast by Region
Forecast Analysis
Pricing Trends and Forecast Analysis
Competitive Environment
Revenue Share
Growth Opportunity Analysis:General-purpose Test Equipment
Growth Metrics
Revenue Forecast
Revenue Forecast by Application
Revenue Forecast by Vertical
Revenue Forecast by Region
Forecast Analysis
Growth Opportunity Analysis: DAQ Equipment
Growth Metrics
Revenue Forecast
Revenue Forecast by Application
Revenue Forecast by Vertical
Revenue Forecast by Region
Forecast Analysis
Growth Opportunity Analysis: Electrical Test Equipment
Growth Metrics
Revenue Forecast
Revenue Forecast by Application
Revenue Forecast by Vertical
Revenue Forecast by Region
Forecast Analysis
Growth Opportunity Analysis: Environmental Test Equipment
Growth Metrics
Revenue Forecast
Revenue Forecast by Application
Revenue Forecast by Vertical
Revenue Forecast by Region
Forecast Analysis
Growth Opportunity Analysis:General-purpose Test Software
Growth Metrics
Revenue Forecast
Revenue Forecast by Application
Revenue Forecast by Vertical
Revenue Forecast by Region
Forecast Analysis
Sustainability in the Electronic Test & Measurement for A&D Industry
United Nations Sustainable Development Goals
How Electronic Test & Measurement Participants in A&D Are Addressing their Sustainability Strategy
Growth Opportunity Universe
Growth Opportunity 1: Electronic Warfare Systems Test