The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Increased demand for unmanned aerial vehicles (UAVs) is likely to stimulate innovation in vinyl sulfone manufacturing, propelling the market over the forecast period.

The global wind tunnel market is expected to grow from $2.69 billion in 2022 to $2.79 billion in 2023 at a compound annual growth rate (CAGR) of 3.7%. The global wind tunnel market size is expected to grow to $3.19 billion in 2027 at a CAGR of 3.3%.

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 Global Wind Tunnel Market Segments Include:

• By Solution: Products, Services
• By AirSpeed: Subsonic, Transonic, Supersonic, Hypersonic
• By Alignment: Vertical, Horizontal
• By Application: Aerospace And Defense, Transportation, Racing Championship, Building Construction And Wind Energy, Adventure Sports Skydiving, Training And Simulation

• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global wind tunnel market in 2021.

Major Market Players in the wind tunnel market include Boeing Company, Lockheed Martin Corporation, DNW Aero, Mitsubishi Heavy Industries, HORIBA Ltd., BMT Group, Calspan Corporation, Aiolos Engineering.

Technological progress is a major trend in the wind tunnel business. To stay competitive, major wind tunnel businesses are developing technologically advanced solutions. For example, the University of Notre Dame, an Indiana-based research university, launched a new programme in February 2020 to develop hypersonic technology and construct numerous additional test wind tunnels. Hypersonic technology-based systems are predicted to go faster than Mach 5, be highly manoeuvrable, and pose a danger to adversary air and missile defences. The tunnel allows the university to investigate when and where a flow gets turbulent, which aids in developing thermal protection regulations for automobiles.

The Wind Tunnel Global Market Report 2023  provides a wind tunnel market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The wind tunnel market forecast analyzes wind tunnel market size, wind tunnel market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A wind tunnel is a device used to examine how movement through air or resistance to moving air affects models of airplanes and other devices and objects.

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