Allied Market Research

2024

Wind Tunnel Market

Wind Tunnel Market Size, Share, Competitive Landscape and Trend Analysis Report by Design Type, by Air speed and by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

CM : Engineering, Equipment and Machinery

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Author's: | Sonia Mutreja
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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. These wind tunnels are having large tubes or simply a hollow tube that find its usage in replication of the actions of the objects moving along the ground or flying through the air.A wind tunnel consists of five parts that include the contraction cone, the settling chamber, the diffuser, the test section, and the drive section.

COVID-19 impact on industry -

COVID-19 pandemic has shut-down the production of various products in thewind tunnel industry, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of the wind tunnelmarketsignificantly from last few months, as is likely to continue during 2020.

COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020 and is likely to cause a negative impact on the market growth throughout the year.

The major demand for equipment and machinery was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, the UK, and China, which is badly affected by the spread of coronavirus, thereby halting the demand for equipment and machinery.

Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans.

Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Increase in demand in aerospace industry

Rise in 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.Then from this,itis expected to accelerate the growth of the wind tunnel market during the estimated period.Apart from this, increase in demand for UAVs from the military and commercial sector, and expansion of new generation high speed aircraft, missiles, and railways, is expected toexcel the growth of the wind tunnel market across the globe.

Surge in usage of wind tunnels for the installation of wind energy

Surge in usage of wind tunnels for the installation of wind energy is also expected to fuel the growth of the market across the world.Moreover, rise in demand for wind tunnels in the construction sector is likely to accelerate the growth 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 is anticipated to hinder the growth of the global wind tunnel market.

Key benefits of the report:

  • This study presents the analytical depiction of thewind tunnelmarket along with the current trends and future estimations to determine the future of the market
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the wind tunnelmarket share.
  • The current market is quantitatively analyzed to highlight the wind tunnelmarket growth scenario.

Wind Tunnel Market Report Highlights

Aspects Details
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By Design Type
  • Open Circuit Wind Tunnels
  • Closed Circuit Wind Tunnel
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By Air speed
  • Supersonic
  • Transonic
  • Subsonic
  • Hypersonic
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By Application
  • Transportation
  • Building Construction
  • Wind Energy
  • Racing Championships
  • Training and Simulation
  • Adventure Sports Skydiving
  • Aerospace and Defense
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By Region
  • North America  (US, Canada)
  • Europe  (Germany, UK, France, Italy, rest of Europe)
  • Asia-Pacific  (China, Japan, India, Australia, rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
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Key Market Players

Aiolos, DALLARA, Altair Engineering, Inc., Atlas Obscura., Calspan, Deutsche WindGuard GmbH, Boeing., HORIBA, Ltd., DNW, Aerolab LLC., BMT

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Wind Tunnel Market

Global Opportunity Analysis and Industry Forecast, 2023-2032