Global Wind Tunnel Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Wind Tunnel Market 2021 (Includes Business Impact of COVID-19)
Global Wind Tunnel Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights, which offers in-depth insights, revenue details, and other vital information regarding the global wind tunnel market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global wind tunnel market report has been segmented on the basis of airspeed, alignment, solution, application, and region.
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The global Wind Tunnel market size was valued at USD$1.57 billion in 2020 and is projected to reach UDS$2.77 billion by 2030, and is anticipated to expand at a CAGR of 7.31% over the forecast period from 2020 to 2030.

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Overview:

Wind tunnel is a large tube with air moving inside and used for aerodynamic research in order to observe and study the effects of moving air on objects. Commonly, powerful fan is used to create strong wind in the tunnel. Object is placed between the tunnel and tested for pressure distribution, aerodynamic force, and other aerodynamic characteristics. Wind tunnels are available in various sizes. Some wind tunnels are big enough to hold full size of vehicles such as various types of aircrafts. Wind tunnels testing is also used to test automobiles, spacecraft, and aircrafts. Wind tunnel helps engineers to build vehicle with different type of weather conditions and atmosphere. In addition, it also focuses on safety of the aircraft and its engine capabilities.

Dynamics:

Increasing adoption of unmanned aerial vehicle in commercial and defence sector is a major factor driving growth of the global wind tunnel market. Developments of new missiles and advanced space crafts is another factor fueling growth of the target market. Testing of new upcoming technology such high speed aircrafts for defence sector is a factor anticipated to support growth of the target market over the forecast period. Furthermore, growing demand for fuel efficient aircrafts, hybrid, and electrical aircrafts in commercial sector is a factor expected to boost growth of the global wind tunnel market in the near future.

However, high cost of wind tunnel installation and maintenance is a factor that may hamper growth of the global wind tunnel market. Additionally, use of computational fluid dynamics (CFD) testing instead of wing tunnel is another challenging that could hamper growth of the target market to a certain extent. Nevertheless, increasing use of wind tunnel for adventure sports can create high revenue opportunities for players in the target market.

Segment Analysis:

On the basis of application, the aerospace and defense segment is expected to account for major share in terms of revenue the global market over the forecast period.

Regional Analysis:

Market in Europe is expected to dominate the target market in terms of revenue share over the forecast period. Presence of prominent players and increasing investment in research and development of technologically advanced aircrafts are factors propelling growth of the target market in countries in this region. Asia Pacific market in anticipated to witness highest growth in terms of revenue in the near future, followed by Europe. Increasing demand of wind tunnel testing services and growing local production of aircrafts are factor fueling growth of the target market in Asia Pacific region.


Below are the active patents related to Wind Tunnel Market.


Patent Number: US20060025227A1

Recirculating vertical wind tunnel skydiving simulator

Abstract

A vertical wind tunnel flight simulator comprises a flight chamber wherein a flier may experience a freefall simulation. Airflow to support the flier is induced by fans connected above the flight chamber through a duct. A staging area having openings to the flight chamber is adjacent to the flight chamber. One or two return air ducts are used to return air from the fans outlet to the fans inlet. Opposed louvers are included on at least one duct segment thereby regulating the temperature via forcing ambient air into the simulator. The use of many duct segments having diverging walls adds commercial value to the system by lowering the height. Mounting components on the roof and behind walls creates a spectacular pedestrian viewing scene of people in flight.

Application File Date: 2004-07-30

Application Granted Date: 2007-01-02

Current Assignee: IFLY HOLDINGS LLC, SKY VENTURE LLC

Patent Number: US7156744B2

Recirculating vertical wind tunnel skydiving simulator

Abstract

A vertical wind tunnel flight simulator comprises a flight chamber wherein a flier may experience a freefall simulation. Airflow to support the flier is induced by fans connected above the flight chamber through a duct. A staging area having openings to the flight chamber is adjacent to the flight chamber. One or two return air ducts are used to return air from the fans outlet to the fans inlet. Opposed louvers are included on at least one duct segment thereby regulating the temperature via forcing ambient air into the simulator. The use of many duct segments having diverging walls adds commercial value to the system by lowering the height. Mounting components on the roof and behind walls creates a spectacular pedestrian viewing scene of people in flight.

Application File Date: 2004-07-30

Application Granted Date: 2007-01-02

Current Assignee: IFLY HOLDINGS LLC SKY VENTURE LLC

Patent Number: EP3133382A1

Climate vehicle with wind tunnel and method for dynamic tests on vehicle components

Abstract

A climate vehicle (1) for testing a vehicle component (2) under defined climatic conditions, the climate vehicle (1) comprising a cabin (4), an air conditioning unit (5) arranged in the cabin (4) for conditioning air (6) in the cabin (4) and a fan (8) for accelerating the air (6) and a channel (9) having an inlet opening (10) for receiving accelerated conditioned air (7), a tubular duct part (12) for guiding the accelerated conditioned air ( 7) and an outlet opening (11) for discharging the guided accelerated conditioned air (7) into the cabin (4), the tubular duct part (12) having a portion (13) for receiving the vehicle component (2) to be tested.

Application File Date: 2016-08-16

Application Granted Date: 2018-08-08

Current Assignee: IAV GmbH

Global Wind Tunnel Market Segmentation:

Segmentation by airspeed:

  
Supersonic
  
Transonic
  
Subsonic
  
Hypersonic

Segmentation by alignment:

  
Horizontal
  
Vertical

Segmentation by Solution:

  
Services
  
Products

Segmentation by application:

  
Transportation
  
Building Construction and Wind Energy
  
Racing Championship
  
Training and Simulation
  
Adventure Sports Skydiving
  
Aerospace and Defense


Key Market Players included in the report:


  
Aerodium Technologies (Latvia)
  
Aerolab LLC.
  
Aiolos (Canada)
  
Altair Engineering Inc.
  
Atlas Obscura.
  
Auto Research Center (ARC)
  
BMT Group (UK)
  
Boeing Company
  
Calspan Corporation
  
Centre Scientifique ET Technique Du Batiment (CSTB)
  
CSTB (France)
  
DALLARA
  
Deutsche WindGuard GmbH
  
DNW (Netherlands)
  
ETW (Europe)
  
European Transonic Windtunnel (ETW)
  
FKFS (Germany)
  
Foran (Brazil)
  
FORCE Technology (Denmark)
  
Forschungsinstitut Fur Kraftfahrwesen Und Fahrzeugmotoren Stuttgart (FKFS)
  
Horiba (Japan)
  
Lockheed Martin
  
Lockheed Martin Corporation.
  
MDPI
  
Mitsubishi Heavy Industries (Japan)
  
MITSUBISHI HEAVY INDUSTRIES LTD.
  
PCB Piezotronics Inc.
  
Pininfarina
  
RTA (Austria)
  
Ruag. Boeing (US)
  
Skyventure (Canada)