United Kingdom based airlines transported 139.6 million passengers in 2024, up from approximately 129.4 million registered in the previous year. Over the period given, the passenger traffic peaked at 176.22 million in 2018, before decreasing significantly due to the coronavirus pandemic. EasyJet: king of the skies EasyJet is the largest airline company based in the United Kingdom. In 2022, the low-cost carrier transported 33.12 million passengers in UK via its operating company EasyJet UK Ltd. EasyJet was founded in 1995 and has seen an astonishing market growth since then, overtaking the country’s flag carrier British Airways as the leading airline in 2022. Air traffic worldwide Globally, the number of scheduled passengers is expected to reach 1.17 billion users by the end of 2027. After continuing its recovery from the COVID-19 pandemic in 2023, the sector is expected to continue growing between 5.5 and 4 percent annually between 2024 and 2027.

The number of flights performed globally by the airline industry has increased steadily since the early 2000s and reached **** million in 2019. However, due to the coronavirus pandemic, the number of flights dropped to **** million in 2020. The flight volume increased again in the following years and was forecasted to reach ** million in 2025.

The United States has seen increasing numbers of consumers opt for outbound travel in recent years with 2016 seeing a 8.2% increase in trips. This growth has been fuelled by drivers such as the expansion of the LCC market share in the US, with airlines such as British Airways’ new long haul LCC, ‘Level’ entering the market . As such GlobalData expects total outbound trips to reach over 96. 5 million by 2021. Read More

The most popular airline was British Airways in the fourth quarter of 2024, with 67 percent of British respondents saying they have a positive opinion of the company. It was followed by EasyJet with 55 percent saying they liked the airline.

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Aviation Test Equipment Market Size 2024-2028

The aviation test equipment market size is forecast to increase by USD 2.03 billion at a CAGR of 4.6% between 2023 and 2028.

The market is experiencing significant growth due to the increasing demand for aircraft testing activities. With the opening of new aircraft testing labs and the expansion of existing ones, the market is poised for continued expansion. However, this growth comes with challenges, primarily the shortage of skilled workforce for aircraft components testing. This labor shortage may hinder market growth if not addressed through training programs or outsourcing solutions. To capitalize on this market opportunity, companies must focus on innovation and efficiency in their test equipment offerings, as well as invest in workforce development to meet the growing demand for skilled labor. By staying abreast of the latest trends and addressing the challenges head-on, companies can effectively navigate this dynamic market and position themselves for long-term success.

What will be the Size of the Aviation Test Equipment Market during the forecast period?

Request Free SampleThe market encompasses a range of instruments and systems used to evaluate the performance and compliance of aircraft and weapon systems. Key components of this market include pressure probes, temperature sensors, strain gauges, potentiometers, current transducers, and voltage measurement devices. These tools play a critical role in ensuring the safety and efficiency of aircraft by measuring various parameters such as component temperatures, pressure distribution, electrical power, and cargo temperature. The market is driven by the growing demand for advanced testing solutions in the aviation and defense industries to support qualification, calibration, and separation assurance. Software-adaptable solutions are increasingly popular due to their flexibility and ability to accommodate changing testing requirements. Hydraulic systems and weapon systems also require specialized test equipment for proper evaluation and maintenance. Overall, the market is expected to experience steady growth due to the continuous evolution of aircraft technology and the increasing importance of safety and reliability in the aviation and defense sectors.

How is this Aviation Test Equipment Industry segmented?

The aviation test equipment industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ApplicationCommercialMilitaryTypeElectricHydraulicPneumaticGeographyNorth AmericaUSCanadaEuropeRussiaUKAPACChinaSouth AmericaMiddle East and Africa

By Application Insights

The commercial segment is estimated to witness significant growth during the forecast period.The commercial segment of the market is experiencing significant growth due to the expanding commercial aviation sector. The increasing demand for air travel is driving this growth. According to the International Air Transport Association (IATA), North American carriers reported a 28.3% annual traffic increase in 2023 compared to 2022. Total air traffic globally in 2023 rose 36.9% compared to 2022. This growth is attributed to various factors, including the use of advanced technologies in aviation, such as composite materials, automation, cyber protection, and ML (Machine Learning) in avionics. Additionally, military expenditure on aviation technology continues to be a significant contributor to the market. The aviation industry's focus on ensuring separation assurance, weather conditions monitoring, and no-fault-found (NFF) analysis is also driving the demand for test equipment. The market encompasses various types of equipment, including power test equipment, pneumatic test equipment, hydraulic test equipment, pressure probes, potentiometers, and temperature sensors, among others. These instruments are used for calibration, inspection, data collection, and evaluation of aircraft components, engines, and systems. The market also includes software-adaptable solutions, such as model-based definition (MBD), which enable the integration of test data with digital mockups of aircraft designs. Furthermore, the use of aviation data buses, communication systems, and radar technology in test equipment enhances their functionality and accuracy. Overall, The market is expected to continue its growth trajectory, driven by the increasing demand for efficient and reliable testing solutions in the aviation industry.

Get a glance at the market report of share of various segments Request Free Sample

The Commercial segment was valued at USD 4.75 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 33% to the growth of the global market during the forecast period.Technavi

“Global Military Aviation Industry Trends, Developments and Challenges 2013–2018” is a new report by Strategic Defense Intelligence that globally analyzes industry opinions on how defense companies perceive the future industry trends, developments, and challenges for military aircraft and rotorcraft, and how demand for MRO is set to grow over the next five years. Furthermore, it analyzes how demand for military aircraft and rotorcraft is projected to change over the next three years and features that are expected to record increased investments over the same period. Additionally, it forecasts industry executives’ optimism towards strategic alliances and technology-transfer agreements, change in budget expectations towards military aircraft and rotorcraft MRO, likely changes in M&A activity in military aviation MRO, the importance of implementing PBL contracting in military aviation MRO, and segments projected to have the highest proportion of MRO spending over the next three years. Why was the report written This report is the result of an extensive survey drawn from Strategic Defense Intelligence’s exclusive panel of leading global defense industry executives. The report analyzes the key drivers instrumental in the advancement of military aircraft and rotorcraft over the next three years, challenges that are likely to inhibit opportunities in advanced military aircraft and rotorcraft, and the change in demand for military aircraft and rotorcraft in different countries. Furthermore, it provides information about future investments on advanced communication techniques, the change in budget for military aircraft and rotorcraft MRO, key drivers of MRO services, and projected changes in M&A activity in military MRO over the next three years. In addition, it highlights the importance of implementing PBL contracting in military aviation MRO and MRO submarkets, which are forecast to drive demand until 2016. What is the current market landscape and what is changing Overall, industry executives project that demand for surveillance, multi-role, and maritime military aircraft will increase in 2014–2016. What are the key drivers behind recent market changes Developing countries such as India, China, and Brazil will offer significant growth prospects for military aircraft and rotorcraft over the next three years What makes this report unique and essential to read “Global Military Aviation Industry Trends, Developments and Challenges 2013–2018” is a new report by Strategic Defense Intelligence that globally analyzes industry opinions on how defense companies perceive the future industry trends, developments, and challenges for military aircraft and rotorcraft and how demand for MRO is set to grow over the next five years. Furthermore, it analyzes how demand for military aircraft and rotorcraft is projected to change over the next three years and features that are expected to record increased investments over the same period. Additionally, it forecasts industry executives’ optimism towards strategic alliances and technology-transfer agreements, change in budget expectations towards military aircraft and rotorcraft MRO, likely changes in M&A activity in military aviation MRO, the importance of implementing PBL contracting in military aviation MRO, and segments projected to have the highest proportion of MRO spending over the next three years. Read More

This statistic illustrates the total value of credit card purchase transactions in the airlines industry for the United Kingdom (UK) between ************ and ************. It can be seen that the total value of purchase transactions fluctuated during the period under observation, reaching a value of approximately ****** million British pounds as of ************. The highest value of transactions in one month occurred in ************, when over *** million British pounds of credit card transactions in the airlines industry were recorded.

Key Travel App StatisticsTop Travel AppsTravel App Market LandscapeTravel App RevenueTravel Revenue By AppTravel App UsersTravel App Market Share United StatesTravel App DownloadsThe online travel...

In the fiscal year 2024/2025, Emirates Group generated the highest share of revenue from activities in Europe, at about ** percent of the total revenue. In comparison, East Asia and Australasia accounted for ** percent of the revenue that year. Emirates Group, a story of aviation success The Emirates Group is an international aviation holding company based in Dubai, United Arab Emirates. While the group has diversified by extending into categories such as catering services and cargo carrier operations, the Emirates group is mostly known for its subsidiary, Emirates Airline, which is also one of the two United Arab Emirates’ flag carriers. Throughout the years, Emirates has succeeded in positioning itself as a high-end carrier, building an esteemed brand globally. Emirates was the most valuable airline among the leading airline brands in the Middle East, valued at approximately *** billion U.S. dollars in 2023. Furthermore, Emirates’ brand value ranked fourth among the leading airlines worldwide in the same year. Emirates, a consumer-oriented airline Emirates Airline is renowned for its first and business-class products while having high standards overall. Emirates was among the best-rated carriers based on the customer opinion of leading airline companies in 2022 worldwide. When it comes to brand awareness, or simply put, the percentage of customers familiar with the brand, there are considerable differences between customers in the United States and those in major European countries. To illustrate, Emirates’ brand awareness in the United Kingdom was ** percent in 2022. Meanwhile, the airline’s brand awareness in the United States was ** percent of the respondents in the same year.

In 2019, Boeing's worldwide revenue amounted to about 76.6 billion U.S. dollars. Leading aircraft manufacturers and suppliers Aircraft manufacturing can be divided into a commercial and a defense segment. While military aircraft manufacturing is likely to see a decline in revenue in the near future, commercial aircraft production is forecast to further expand its market size. Growth is projected to be largely driven by orders from commercial airlines that are keen to meet increased passenger travel demand. The rising number of commercial airline passengers is closely intertwined with the growing affluence in emerging markets.

Although Japan's Mitsubishi Heavy Industries has entered the market, there are essentially four major jet manufacturers - including Canada-based Bombardier and Brazil-based Embraer (Empresa Brasileira de Aeronáutica) - albeit, for many years, the commercial jet aviation market has been a de facto duopoly between the European aircraft maker Airbus and the US aircraft builder Boeing. These two companies share between them about 65 percent of the world airliner fleet.

The defense segment is expected to face military budget reductions in mature markets that will only partially be offset by increased military spending in the Middle East, Russia and China. The global leading defense manufacturers include Boeing, Lockheed Martin, EADS/Airbus and Northrop Grumman.

In the area of engines and parts manufacturing, there is great competition between a number of companies, often conglomerates that are active in a variety of industries. CFM International and General Electric and the UK’s Rolls Royce Group, a company that should not be confused with the wholly BMW-owned automobile marque, are among the largest suppliers of engines for aircraft.