Global and United States Wind Tunnel Market Report & Forecast 2022-2028

A wind tunnel is a tool used in aerodynamic research to study the effects of air moving past solid objects. A wind tunnel consists of a tubular passage with the object under test mounted in the middle. Air is made to move past the object by a powerful fan system or other means. The test object, often called a wind tunnel model, is instrumented with suitable sensors to measure aerodynamic forces, pressure distribution, or other aerodynamic-related characteristics.
Market Analysis and Insights: Global and United States Wind Tunnel Market
This report focuses on global and United States Wind Tunnel market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Wind Tunnel market size is estimated to be worth US$ 2157.4 million in 2022 and is forecast to a readjusted size of US$ 2458.3 million by 2028 with a CAGR of 2.2% during the review period. Fully considering the economic change by this health crisis, by Type, Vertical accounting for % of the Wind Tunnel global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Aerospace & Defense was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
By region, the Asia Pacific wind tunnel market is projected to grow at the highest rate from 2018 to 2023. Countries such as China, India, Japan, South Korea, Taiwan, and Australia are investing in indigenous development programs to manufacture various types of new and advanced aircraft for commercial and defense applications, along with the development of electric automotive vehicles. China has substantially increased its spending for the development of new and advanced systems for the aerospace & defense and automotive sectors. This, in turn, is expected to contribute toward increased demand for wind tunnels and wind tunnel testing services in the country. Moreover, countries such as Japan, India, and South Korea are also spending increasingly for the development of rail, automotive, and marine infrastructures, which require wind tunnel testing.
Global Wind Tunnel Scope and Market Size
Wind Tunnel market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Wind Tunnel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Wind Tunnel market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Vertical
Horizontal
Segment by Application
Aerospace & Defense
Transportation
Racing Championship
Building Construction & Wind Energy
Adventure Sports Skydiving
Training & Simulation
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Boeing
Lockheed Martin
Aiolos
Aerolab
Horiba
Forschungsinstitut Fur Kraftfahrwesen Und Fahrzeugmotoren Stuttgart (FKFS)
Mahle
Mitsubishi Heavy Industries
Rail Tec Arsenal (RTA)
Centre Scientifique ET Technique Du Batiment (CSTB)
Auto Research Center (ARC)
Ruag Group
European Transonic Windtunnel (ETW)
Aerodyn Wind Tunnel
DNW
BMT
Force Technology
Windtech Consultants
Calspan