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Europe Wind Tunnel Market

Forecast to 2028 - COVID-19 Impact and Analysis


Coverage: Solution (Products and Services), Alignment (Horizontal and Vertical), Airspeed
(Subsonic, Supersonic, Transonic, Hypersonic), Application (Aerospace and Defense, Automotive
and Transportation, Building Construction and Wind Energy, Training and Simulation, Adventure
Sports Skydiving, and Others), and Country
TABLE OF CONTENTS
1. Introduction ................................................................................................................................................................ 17
1.1 Study Scope ........................................................................................................................................................................................................ 17

1.2 The Insight Partners Research Report Guidance.............................................................................................................................................. 17

1.3 Market Segmentation ......................................................................................................................................................................................... 19

2. Key Takeaways ............................................................................................................................................................ 21


3. Research Methodology ................................................................................................................................................ 26
3.1 Coverage.............................................................................................................................................................................................................. 28

3.2 Secondary Research ........................................................................................................................................................................................... 28

3.3 Primary Research ................................................................................................................................................................................................ 29

4. Europe Wind Tunnel Market Landscape ....................................................................................................................... 30


4.1 Market Overview ................................................................................................................................................................................................. 30

4.2 Europe PEST Analysis ......................................................................................................................................................................................... 32

4.3 Ecosystem Analysis ............................................................................................................................................................................................. 33

4.4 Expert Opinion ..................................................................................................................................................................................................... 34

5. Europe Wind Tunnel Market – Key Market Dynamics..................................................................................................... 35


5.1 Market Drivers..................................................................................................................................................................................................... 35

5.1.1 Increasing Adoption in Aircraft Development ................................................................................................................................... 35

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5.1.2 Significant Boom in Green Buildings Market .................................................................................................................................... 36

5.2 Market Restraints ............................................................................................................................................................................................... 37

5.2.1 High Costs and Operational Issues Associated with Wind Tunnel Tests ........................................................................................ 37

5.3 Market Opportunities .......................................................................................................................................................................................... 37

5.3.1 Electric Vehicles Getting Popular....................................................................................................................................................... 37

5.4 Future Trends ...................................................................................................................................................................................................... 38

5.4.1 Advanced Cloud-Based Wind Tunnel Simulations Coming Up......................................................................................................... 38

5.5 Impact Analysis of Drivers and Restraints......................................................................................................................................................... 39

6. Wind Tunnel Market – Europe Analysis ......................................................................................................................... 40


6.1 Europe Wind Tunnel Market Overview .............................................................................................................................................................. 40

6.2 Europe Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ............................................................................................... 41

7. Europe Wind Tunnel Market Analysis – By Solution....................................................................................................... 42


7.1 Overview .............................................................................................................................................................................................................. 42

7.2 Europe Wind Tunnel Market, By Solution (2020 and 2028) ........................................................................................................................... 42

7.3 Products .............................................................................................................................................................................................................. 43

7.3.1 Overview .............................................................................................................................................................................................. 43

7.3.2 Products: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ........................................................................... 43

7.4 Services ............................................................................................................................................................................................................... 44

7.4.1 Overview .............................................................................................................................................................................................. 44

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7.4.2 Services: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ............................................................................ 44

8. Europe Wind Tunnel Market – By Alignment ................................................................................................................. 46


8.1 Overview .............................................................................................................................................................................................................. 46

8.2 Europe Wind Tunnel Market, By Alignment (2020 and 2028) ........................................................................................................................ 46

8.3 Horizontal ............................................................................................................................................................................................................ 47

8.3.1 Overview .............................................................................................................................................................................................. 47

8.3.2 Horizontal: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ......................................................................... 47

8.4 Vertical ................................................................................................................................................................................................................. 48

8.4.1 Overview .............................................................................................................................................................................................. 48

8.4.2 Vertical: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million).............................................................................. 49

9. Europe Wind Tunnel Market – By Airspeed Type............................................................................................................ 50


9.1 Overview .............................................................................................................................................................................................................. 50

9.2 Europe Wind Tunnel Market, By Airspeed Type (2020 and 2028) .................................................................................................................. 50

9.3 Subsonic .............................................................................................................................................................................................................. 51

9.3.1 Overview .............................................................................................................................................................................................. 51

9.3.2 Subsonic: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)........................................................................... 51

9.4 Supersonic........................................................................................................................................................................................................... 52

9.4.1 Overview .............................................................................................................................................................................................. 52

9.4.2 Supersonic: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ....................................................................... 53

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9.5 Transonic ............................................................................................................................................................................................................. 54

9.5.1 Overview .............................................................................................................................................................................................. 54

9.5.2 Transonic: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) .......................................................................... 54

9.6 Hypersonic ........................................................................................................................................................................................................... 55

9.6.1 Overview .............................................................................................................................................................................................. 55

9.6.2 Hypersonic: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ....................................................................... 56

10. Europe Wind Tunnel Market – By Application ............................................................................................................... 57


10.1 Overview .............................................................................................................................................................................................................. 57

10.2 Europe Wind Tunnel Market, By Application (2020 and 2028)....................................................................................................................... 57

10.3 Aerospace and Defense ..................................................................................................................................................................................... 58

10.3.1 Overview .............................................................................................................................................................................................. 58

10.3.2 Aerospace and Defense: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) .................................................. 58

10.4 Automotive and Transportation ......................................................................................................................................................................... 59

10.4.1 Overview .............................................................................................................................................................................................. 59

10.4.2 Automotive and Transportation: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ...................................... 60

10.5 Building Construction and Wind Energy ............................................................................................................................................................ 61

10.5.1 Overview .............................................................................................................................................................................................. 61

10.5.2 Building Construction and Wind Energy: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ......................... 61

10.6 Training and Simulation ..................................................................................................................................................................................... 62

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10.6.1 Overview .............................................................................................................................................................................................. 62

10.6.2 Training and Simulation: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) .................................................. 63

10.7 Adventure Sports Skydiving................................................................................................................................................................................ 64

10.7.1 Overview .............................................................................................................................................................................................. 64

10.7.2 Adventure Sports Skydiving: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ............................................ 64

10.8 Others .................................................................................................................................................................................................................. 65

10.8.1 Overview .............................................................................................................................................................................................. 65

10.8.2 Others: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ............................................................................... 65

11. Europe Wind Tunnel Market – Country Analysis ............................................................................................................ 66


11.1 Overview .............................................................................................................................................................................................................. 66

11.1.1 Europe: Wind Tunnel Market, by Key Country .................................................................................................................................. 68

11.1.1.1 Germany: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ...................................................... 69

11.1.1.1.1 Germany: Wind Tunnel Market, By Solution........................................................................................ 70

11.1.1.1.2 Germany: Wind Tunnel Market, By Alignment..................................................................................... 71

11.1.1.1.3 Germany: Wind Tunnel Market, By Airspeed Type .............................................................................. 71

11.1.1.1.4 Germany: Wind Tunnel Market, By Application ................................................................................... 72

11.1.1.2 France: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ......................................................... 73

11.1.1.2.1 France: Wind Tunnel Market, By Solution ........................................................................................... 74

11.1.1.2.2 France: Wind Tunnel Market, By Alignment ........................................................................................ 75

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11.1.1.2.3 France: Wind Tunnel Market, By Airspeed Type.................................................................................. 75

11.1.1.2.4 France: Wind Tunnel Market, By Application ...................................................................................... 76

11.1.1.3 Italy: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) .............................................................. 77

11.1.1.3.1 Italy: Wind Tunnel Market, By Solution ................................................................................................ 78

11.1.1.3.2 Italy: Wind Tunnel Market, By Alignment ............................................................................................. 79

11.1.1.3.3 Italy: Wind Tunnel Market, By Airspeed Type ...................................................................................... 79

11.1.1.3.4 Italy: Wind Tunnel Market, By Application ........................................................................................... 80

11.1.1.4 UK: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ................................................................ 81

11.1.1.4.1 UK: Wind Tunnel Market, By Solution .................................................................................................. 82

11.1.1.4.2 UK: Wind Tunnel Market, By Alignment ............................................................................................... 83

11.1.1.4.3 UK: Wind Tunnel Market, By Airspeed Type ........................................................................................ 83

11.1.1.4.4 UK: Wind Tunnel Market, By Application ............................................................................................. 84

11.1.1.5 Russia: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million).......................................................... 85

11.1.1.5.1 Russia: Wind Tunnel Market, By Solution ........................................................................................... 86

11.1.1.5.2 Russia: Wind Tunnel Market, By Alignment ........................................................................................ 87

11.1.1.5.3 Russia: Wind Tunnel Market, By Airspeed Type .................................................................................. 87

11.1.1.5.4 Russia: Wind Tunnel Market, By Application ....................................................................................... 88

11.1.1.6 Rest of Europe: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ............................................ 89

11.1.1.6.1 Rest of Europe: Wind Tunnel Market, By Solution .............................................................................. 90

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11.1.1.6.2 Rest of Europe: Wind Tunnel Market, By Alignment ........................................................................... 90

11.1.1.6.3 Rest of Europe: Wind Tunnel Market, By Airspeed Type .................................................................... 91

11.1.1.6.4 Rest of Europe: Wind Tunnel Market, By Application ......................................................................... 92

12. Wind Tunnels Market- Industry Landscape ................................................................................................................... 93


12.1 Overview .............................................................................................................................................................................................................. 93

12.2 Mergers and Acquisitions ................................................................................................................................................................................... 93

12.3 New Product Launches ....................................................................................................................................................................................... 94

12.4 Expansions And Other Strategic Developments ............................................................................................................................................... 94

13. Company Profiles ........................................................................................................................................................ 95


13.1 Aerolab................................................................................................................................................................................................................. 95

13.1.1 Key Facts ............................................................................................................................................................................................. 95

13.1.2 Business Description .......................................................................................................................................................................... 95

13.1.3 Products and Services ........................................................................................................................................................................ 96

13.1.4 Financial Overview .............................................................................................................................................................................. 96

13.1.5 SWOT Analysis .................................................................................................................................................................................... 97

13.1.6 Key Developments.............................................................................................................................................................................. 98

13.2 Aiolos ................................................................................................................................................................................................................... 99

13.2.1 Key Facts ............................................................................................................................................................................................. 99

13.2.2 Business Description .......................................................................................................................................................................... 99

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13.2.3 Products and Services ..................................................................................................................................................................... 100

13.2.4 Financial Overview ........................................................................................................................................................................... 100

13.2.5 SWOT Analysis ................................................................................................................................................................................. 101

13.2.6 Key Developments........................................................................................................................................................................... 102

13.3 Boeing ............................................................................................................................................................................................................... 103

13.3.1 Key Facts .......................................................................................................................................................................................... 103

13.3.2 Business Description ....................................................................................................................................................................... 103

13.3.3 Products and Services ..................................................................................................................................................................... 104

13.3.4 Financial Overview ........................................................................................................................................................................... 104

13.3.5 SWOT Analysis ................................................................................................................................................................................. 107

13.3.6 Key Developments........................................................................................................................................................................... 108

13.4 ETW GmbH ....................................................................................................................................................................................................... 109

13.4.1 Key Facts .......................................................................................................................................................................................... 109

13.4.2 Business Description ....................................................................................................................................................................... 109

13.4.3 Products and Services ..................................................................................................................................................................... 109

13.4.4 Financial Overview ........................................................................................................................................................................... 109

13.4.5 SWOT Analysis ................................................................................................................................................................................. 110

13.4.6 Key Developments........................................................................................................................................................................... 111

13.5 Horiba Ltd. ........................................................................................................................................................................................................ 112

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13.5.1 Key Facts .......................................................................................................................................................................................... 112

13.5.2 Business Description ....................................................................................................................................................................... 112

13.5.3 Products and Services ..................................................................................................................................................................... 113

13.5.4 Financial Overview ........................................................................................................................................................................... 113

13.5.5 SWOT Analysis ................................................................................................................................................................................. 116

13.5.6 Key Developments........................................................................................................................................................................... 117

13.6 Lockheed Martin Corporation ......................................................................................................................................................................... 118

13.6.1 Key Facts .......................................................................................................................................................................................... 118

13.6.2 Business Description ....................................................................................................................................................................... 118

13.6.3 Products and Services ..................................................................................................................................................................... 119

13.6.4 Financial Overview ........................................................................................................................................................................... 119

13.6.5 SWOT Analysis ................................................................................................................................................................................. 122

13.6.6 Key Developments........................................................................................................................................................................... 123

13.7 Mahle GmbH .................................................................................................................................................................................................... 124

13.7.1 Key Facts .......................................................................................................................................................................................... 124

13.7.2 Business Description ....................................................................................................................................................................... 124

13.7.3 Products and Services ..................................................................................................................................................................... 125

13.7.4 Financial Overview ........................................................................................................................................................................... 125

13.7.5 SWOT Analysis ................................................................................................................................................................................. 127

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13.7.6 Key Developments........................................................................................................................................................................... 129

13.8 Mitsubishi Heavy Industries, Ltd. .................................................................................................................................................................... 130

13.8.1 Key Facts .......................................................................................................................................................................................... 130

13.8.2 Business Description ....................................................................................................................................................................... 130

13.8.3 Products and Services ..................................................................................................................................................................... 131

13.8.4 Financial Overview ........................................................................................................................................................................... 131

13.8.5 SWOT Analysis ................................................................................................................................................................................. 134

13.8.6 Key Developments........................................................................................................................................................................... 135

13.9 Rail Tec Arsenal................................................................................................................................................................................................ 136

13.9.1 Key Facts .......................................................................................................................................................................................... 136

13.9.2 Business Description ....................................................................................................................................................................... 136

13.9.3 Products and Services ..................................................................................................................................................................... 136

13.9.4 Financial Overview ........................................................................................................................................................................... 136

13.9.5 SWOT Analysis ................................................................................................................................................................................. 137

13.9.6 Key Developments........................................................................................................................................................................... 138

13.10 RUAG ................................................................................................................................................................................................................. 139

13.10.1 Key Facts .......................................................................................................................................................................................... 139

13.10.2 Business Description ....................................................................................................................................................................... 139

13.10.3 Products and Services ..................................................................................................................................................................... 139

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13.10.4 Financial Overview ........................................................................................................................................................................... 140

13.10.5 SWOT Analysis ................................................................................................................................................................................. 140

13.10.6 Key Developments........................................................................................................................................................................... 141

14. Appendix .................................................................................................................................................................. 142


14.1 About The Insight Partners .............................................................................................................................................................................. 142

14.2 Word Index ....................................................................................................................................................................................................... 143

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LIST OF TABLES
Table 1. Europe Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ................................................................................................. 41

Table 2. Europe: Wind Tunnel Market, by Country – Revenue and Forecast to 2028 (US$ Million)............................................................................. 68

Table 3. Germany: Wind Tunnel Market, By Solution – Revenue and Forecast to 2028 (US$ Million) ........................................................................ 70

Table 4. Germany: Wind Tunnel Market, By Alignment – Revenue and Forecast to 2028 (US$ Million) ..................................................................... 71

Table 5. Germany: Wind Tunnel Market, By Airspeed Type – Revenue and Forecast to 2028 (US$ Million)............................................................... 71

Table 6. Germany: Wind Tunnel Market, By Application – Revenue and Forecast to 2028 (US$ Million) ................................................................... 72

Table 7. France: Wind Tunnel Market, By Solution – Revenue and Forecast to 2028 (US$ Million) ............................................................................ 74

Table 8. France: Wind Tunnel Market, By Alignment – Revenue and Forecast to 2028 (US$ Million) ......................................................................... 75

Table 9. France: Wind Tunnel Market, By Airspeed Type – Revenue and Forecast to 2028 (US$ Million) .................................................................. 75

Table 10. France: Wind Tunnel Market, By Application – Revenue and Forecast to 2028 (US$ Million) ....................................................................... 76

Table 11. Italy: Wind Tunnel Market, By Solution – Revenue and Forecast to 2028 (US$ Million) ................................................................................ 78

Table 12. Italy: Wind Tunnel Market, By Alignment – Revenue and Forecast to 2028 (US$ Million) ............................................................................. 79

Table 13. Italy: Wind Tunnel Market, By Airspeed Type – Revenue and Forecast to 2028 (US$ Million) ....................................................................... 79

Table 14. Italy: Wind Tunnel Market, By Application – Revenue and Forecast to 2028 (US$ Million) ............................................................................ 80

Table 15. UK: Wind Tunnel Market, By Solution – Revenue and Forecast to 2028 (US$ Million) .................................................................................. 82

Table 16. UK: Wind Tunnel Market, By Alignment – Revenue and Forecast to 2028 (US$ Million) ............................................................................... 83

Table 17. UK: Wind Tunnel Market, By Airspeed Type – Revenue and Forecast to 2028 (US$ Million) ......................................................................... 83

Table 18. UK: Wind Tunnel Market, By Application – Revenue and Forecast to 2028 (US$ Million) .............................................................................. 84

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Table 19. Russia: Wind Tunnel Market, By Solution – Revenue and Forecast to 2028 (US$ Million) ............................................................................ 86

Table 20. Russia: Wind Tunnel Market, By Alignment – Revenue and Forecast to 2028 (US$ Million) ......................................................................... 87

Table 21. Russia: Wind Tunnel Market, By Airspeed Type – Revenue and Forecast to 2028 (US$ Million) .................................................................. 87

Table 22. Russia: Wind Tunnel Market, By Application – Revenue and Forecast to 2028 (US$ Million) ....................................................................... 88

Table 23. Rest of Europe: Wind Tunnel Market, By Solution – Revenue and Forecast to 2028 (US$ Million)............................................................... 90

Table 24. Rest of Europe: Wind Tunnel Market, By Alignment – Revenue and Forecast to 2028 (US$ Million)............................................................ 90

Table 25. Rest of Europe: Wind Tunnel Market, By Airspeed Type – Revenue and Forecast to 2028 (US$ Million) ..................................................... 91

Table 26. Rest of Europe: Wind Tunnel Market, By Application – Revenue and Forecast to 2028 (US$ Million) .......................................................... 92

Table 27. List of Abbreviation ............................................................................................................................................................................................ 143

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LIST OF FIGURES
Figure 1. Europe Wind Tunnel Market Segmentation ........................................................................................................................................................ 19

Figure 2. Europe Wind Tunnel Market Segmentation – By Country .................................................................................................................................. 20

Figure 3. Europe Wind Tunnel Market Overview ................................................................................................................................................................ 21

Figure 4. Europe Wind Tunnel Market, By Solution............................................................................................................................................................ 22

Figure 5. Europe Wind Tunnel Market, By Alignment......................................................................................................................................................... 23

Figure 6. Europe Wind Tunnel Market, By Airspeed Type .................................................................................................................................................. 24

Figure 7. Europe Wind Tunnel Market, By Country ............................................................................................................................................................ 25

Figure 8. Europe: PEST Analysis .......................................................................................................................................................................................... 32

Figure 9. Expert Opinion ....................................................................................................................................................................................................... 34

Figure 10. Europe Wind Tunnel Market: Impact Analysis of Drivers and Restraints.......................................................................................................... 39

Figure 11. Europe Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ................................................................................................. 41

Figure 12. Europe Wind Tunnel Market Revenue Share, By Solution (2020 and 2028) .................................................................................................. 42

Figure 13. Europe Products: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ................................................................................ 43

Figure 14. Europe Services: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ................................................................................. 45

Figure 15. Europe Wind Tunnel Market Revenue Share, By Alignment (2020 and 2028) ............................................................................................... 46

Figure 16. Europe Horizontal: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) .............................................................................. 48

Figure 17. Europe Vertical: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ................................................................................... 49

Figure 18. Europe Wind Tunnel Market Revenue Share, By Airspeed Type (2020 and 2028) ......................................................................................... 50

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Figure 19. Europe Subsonic: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ................................................................................ 52

Figure 20. Europe Supersonic: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)............................................................................. 53

Figure 21. Europe Transonic: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ............................................................................... 55

Figure 22. Europe Hypersonic: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ............................................................................. 56

Figure 23. Europe Wind Tunnel Market Revenue Share, By Application (2020 and 2028) .............................................................................................. 57

Figure 24. Europe Aerospace and Defense: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ....................................................... 59

Figure 25. Europe Automotive and Transportation: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ........................................... 60

Figure 26. Europe Building Construction and Wind Energy: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) .............................. 62

Figure 27. Europe Training and Simulation: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ....................................................... 63

Figure 28. Europe Adventure Sports Skydiving: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ................................................. 64

Figure 29. Europe Others: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) .................................................................................... 65

Figure 30. Europe: Wind Tunnel Market, by Key Country – Revenue (2020) (US$ Million) .............................................................................................. 67

Figure 31. Europe: Wind Tunnel Market Revenue Share, by Key Country (2020 & 2028) ............................................................................................... 68

Figure 32. Germany: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ............................................................................................. 69

Figure 33. France: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)................................................................................................. 73

Figure 34. Italy: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ..................................................................................................... 77

Figure 35. UK: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ....................................................................................................... 81

Figure 36. Russia: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ................................................................................................. 85

Figure 37. Rest of Europe: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million) ................................................................................... 89

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1. Introduction
1.1 Study Scope
This research report provides insights into the “Europe Wind Tunnel Market”. This report summarizes the results of the assessment carried out by The
Insight Partners in the field of wind tunnel for regional perspective. The report provides an analysis of the Europe wind tunnel market by solution,
alignment, airspeed type, application, and country. The report provides the current market size for wind tunnel, defines trends, and presents growth
forecasts for 10 years, i.e., from 2019 to 2028. The historical years considered for this study is 2019, base year is 2020, and the forecast period for
the entire report is 2021–2028. The scope of the market study includes wind tunnel solutions offered by various companies operating in this market.
All the market numbers for revenue are provided in US dollars.

The market is analyzed from both supply side and demand side for a holistic view of the overall market. The research report focuses on current market
trends, opportunities, potential of the market, and competition in the Europe wind tunnel market. The study also provides market insights and analysis
of the wind tunnel market, highlighting the future market trends, market dynamics, and competitive analysis of major players in the industry.

1.2 The Insight Partners Research Report Guidance


• The report provides qualitative and quantitative analysis of Europe wind tunnel market segmented by solution, alignment, airspeed type,
application, and country.

• Chapter 1 provides a brief description of the market under study.

• Chapter 2 mentions the key takeaways, highlighting the key trends and outlook of the Europe wind tunnel market.

• Chapter 3 provides the research methodology of the study.

• Chapter 4 provides market landscape, PEST analysis, value chain analysis, and expert opinions.

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• Chapter 5 highlights the key market dynamics in the wind tunnel market, including factors that are driving the market, prevailing deterrents,
potential opportunities, and future trends. Impact analysis of drivers and restraints are covered under this section.

• Chapter 6 discusses the wind tunnel market scenario, in terms of historical market values, and forecast till 2028.

• Chapters 7 to 11 discuss the market segments by solution, alignment, airspeed, application, and country across Europe along with the major
factors governing the growth of the market in this region.

• Chapter 12 describes the industry landscape analysis. It provides detailed description of various business activities, such as market initiatives,
new developments, mergers, and join ventures.

• Chapter 13 provides the detailed profiles of key companies operating in the wind tunnel market. The companies have been profiled based on
their key facts, business description, Alignment & application, financial overview, SWOT analysis, and key developments.

• Chapter 14, i.e., the appendix is inclusive of the company overview, word index, contact information, and disclaimer section.

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1.3 Market Segmentation
Figure 1. Europe Wind Tunnel Market Segmentation

Europe Wind Tunnel Market

Solution Alignment Airspeed Type Application

Aerospace and
Products Horizontal Subsonic
Defense

Automotive and
Services Vertical Supersonic
Transportation

Building
Transonic Construction and
Wind Energy

Hypersonic Training &


Simulation

Adventure Sports
Skydiving

Others

Source: The Insight Partners Analysis

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Figure 2. Europe Wind Tunnel Market Segmentation – By Country

Europe Wind Tunnel Market

By Country

France

Germany

Italy

UK

Russia

Rest of Europe

Source: The Insight Partners Analysis

The segmentation in this research study has been finalized after in-depth secondary research and extensive primary research. In addition, offerings of
the leading participants have also been considered while finalizing the market segmentations.

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Europe Wind Tunnel Market to 2028
2. Key Takeaways
Figure 3. Europe Wind Tunnel Market Overview

MARKET
OVERVIEW
Europe Wind Tunnel Market
This research report on the “Wind Tunnel Market” provides a
holistic view of the market size across major countries. The

XX
report further elucidates the key driving factors, restraints,
growth opportunities, and future trends pertaining to market

XX
growth.
The market is segmented into solution, alignment, airspeed type,
Revenue (US$ Million) application and country.
2020 2028

MARKET DRIVERS MARKET RESTRAINTS MARKET OPPORTUNITIES


• Increasing Adoption in • High Costs and • Electric Vehicles • Advanced Cloud-
Aircraft Development Operational Issues Getting Popular Based Wind Tunnel
Associated with Wind Simulations
• Significant Boom in Green
Tunnel Tests Coming Up
Buildings Market

CAGR (2021–2028)
INCREMENTAL
GROWTH VALUE 2028 US$ XX Mn XX%

Source: Expert Interviews, Surveys, Secondary Research, and The Insight Partners Analysis

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3. Research Methodology
The Insight Partner’s research and analysis team consists of experienced professionals with advanced marketing and statistical expertise, market
research and consulting backgrounds in the manufacturing and construction industry.

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Europe Wind Tunnel Market to 2028
The Insight Partners adheres to the codes of practice of the Market Research Society (www.mrs.org.uk) and Strategic and Competitive Intelligence
Professionals (www.scip.org).

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The following methodology has been followed for the collection and analysis of data presented in this report:

3.1 Coverage
The objective of updating “The Insight Partners” coverage is to ensure it represents the most recent vision of the industry.

The estimated revenues of all major companies, including private and governmental, are gathered, and used to prioritize coverage.

Companies that are making news or are of particular interest due to their innovative approach, are prioritized.

3.2 Secondary Research


The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information
related to each market. The secondary research sources that are typically referred to include, but are not limited to:

• Company websites, annual reports, financial reports, broker reports and investor presentations

• Industry trade journals and other literature

• National government documents, statistical databases, and market reports

• News articles, press releases and web-casts specific to the companies operating in the market

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Europe Wind Tunnel Market to 2028
3.3 Primary Research
“The Insight Partners” conducts numerous primary interviews with industry participants and commentators to validate its data and analysis.

A typical research interview fulfils the following functions:

• Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and future outlook

• Validates and strengthens secondary research findings

• Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephonic interviews for each market, category, segment, and sub-segment across geographies. The
participants who typically take part in such a process include, but are not limited to:

• Industry participants: VPs, business development managers, market intelligence managers and national sales managers

• Outside experts: Valuation experts, research analysts and key opinion leaders specializing in manufacturing and construction industry.

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Europe Wind Tunnel Market to 2028
4. Europe Wind Tunnel Market Landscape
4.1 Market Overview
A wind tunnel is composed of large tubes through which air is blown to replicate the interaction between air and a test object moving along the ground
or flying through the air. Powerful fans generate and move air through the tube, and the test object is fastened in the tunnel to keep it stationary. The
object’s size can vary from a small vehicle or its piece to a full-size aircraft or spacecraft. Due to the accuracy and reliability of results of wind tunnel-
based tests, these systems are used in industries such as aerospace and defense, automotive and transportation, and building and construction. In
aircraft or spacecraft development, these systems allow engineers and designers to replicate the in-flight conditions affecting the forces and motions of
the aircraft. NASA has deployed the highest number of wind tunnels than any other organization, as one of the agency’s responsibilities is to improve air
transportation. Additionally, subsonic wind tunnels help engineers improve the design and performance of unmanned aerial vehicles (UAVs). Players in
the aerospace market are making swift progress in the research and development of high-tech wind tunnels meant for drone testing. In January 2022,
Tyto Robotics, a Canadian aerospace firm, introduced an innovative wind generator for testing drones, which can be used with climate chambers, rain
and snow generators, and water injectors. The extensive use of wind tunnels combined with the computational fluid dynamics (CFD) software for
verification and certification of aircraft and spacecraft is creating a huge demand for wind tunnels. Therefore, the gradual growth of the aerospace
industry and the rising popularity of UAVs, especially in the defense sector, are driving the wind tunnel market growth.

The building and construction industry generates a huge demand for wind tunnels due to their requirement in structural testing. This testing is performed
to determine wind pressures on green buildings, as it allows taking aerodynamic measurements simultaneously at numerous ports through current
pressure measurement capabilities. Various governments are implementing policies and regulations to accelerate the adoption of green buildings. For
example, the European Commission launched the EU Renovation Wave for the building sector to boost the energy-efficient renovation of ~XX million
buildings and enhance their environmental performances. Similarly, in the automotive sector, the electric vehicles industry creates vast opportunities
for the growth of the wind tunnel market. The demand for wind tunnel testing solutions is high in Europe, as this region exhibit an exponential rise in the
sales and production of EVs.

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Players such as Aerolab, Mahle GmbH, Boeing, and Lockheed Martin Corporation dominate the wind tunnel market through new product developments,
acquisitions, and expansion strategies. In December 2021, HORIBA Europe acquired BeXema GmbH to incorporate the technologies of the electric
power field into the group’s internal supply chain.

4.2 Europe PEST Analysis


Figure 4. Europe: PEST Analysis

• The European governments are focusing on the increasing number of the

ECONOMIC
POLITICAL
electrical vehicles in the region by implementing several schemes and offers for
the consumers to scale up the electrical vehicle sales. Thus, with the
government focus on the increasing number of the electrical vehicles in the
region, the need for wind tunnel is increasing for better product development.

EUROPE
TECHNOLOGICAL
SOCIAL

Source: The Insight Partners Analysis

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Europe Wind Tunnel Market to 2028
4.3 Expert Opinion
During the course of the research study, various leading industry experts, sales managers, key opinion leaders, and industry veterans shared their
valuable and critical insights about regional trends related to the Europe wind tunnel market. As a result, the figure below summarizes a few expert
opinions collected during the primary research for the Europe wind tunnel market.

Figure 5. Expert Opinion

“ “
Wind tunnel testing has led the field of
Aerodynamics is an intelligent way of wind engineering, but it is beginning to
reducing fleet consumption as it helps be replaced by computer simulations.
close the gap between certified and actual
consumption. Therefore, developments in
wind tunnel is essential for the growth of
“ Usually, research and development of
these two methods are conducted
separately. However, numerous wind

automotive industry. tunnel providers are integrating them
in a single process.

CRO, Leading Virtual Data Room Provider, Director, Leading Virtual Data Room Company,
Europe Norway

Source: Primary Interviews

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Europe Wind Tunnel Market to 2028
5. Europe Wind Tunnel Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Adoption in Aircraft Development
Wind tunnels simulate air movement around an in-flight aircraft. They are widely used in the aerospace industry as they allow aeronautical engineers to
control the conditions affecting the forces and motion of the plane. The engineer can determine and analyze the magnitude of forces on a real full-size
aircraft by recreating it on a scaled-down aircraft model. Furthermore, the wind tunnel-based model can also be applied for testing and diagnostics to
carry out a comprehensive analysis of the aerodynamics of the aircraft body by determining the air movement around or through the aircraft. Wind
tunnels were primarily used to observe and determine the fundamental working of new aircraft designs, but the dominance of tube and wing design in
the market has led to their extensive use in the verification and certification processes. The dynamic nature of aeronautic research and more efficient
integration with computational fluid dynamics (CFD) software contributes to the widespread use of wind tunnels.

The specifications of aircraft model testing have become highly stringent, leading to an increase in the use of wind tunnels made of carbon-epoxy and
other composite materials. These tunnels are fabricated using masters prepared through numerically controlled machining. These lightweight models
exhibit dimensional accuracy, long-term stability, and hollowness; thus, a comprehensive range of instrumentation can be carried through them. These
advancements in wind tunnels ensure that the effects of aerodynamic interference between the models, and their support and instrumentation systems
are significantly reduced during wind tunnel testing. The tunnels are designed for a specific purpose and are often integrated with sensors and
components to generate precise test results. For example, PCB offers a complete line of dynamic pressure sensors, microphones, and force sensors for
wind tunnels. These components for wind tunnels are categorized based on the speed of the wind.

During 2020–2021, the aerospace industry witnessed a dramatic fall in aircraft production due to the COVID-19 pandemic. Major aircraft manufacturers
experienced a gradual rise in demand with the resumption of air travel after the successful implementation and scale-up of vaccination programs. These
developments triggered the production performances of prominent aircraft manufacturers, such as Boeing and Airbus. In 2021, Boeing delivered over

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Europe Wind Tunnel Market to 2028
340 jetliners to airlines and other buyers, up from 157 in 2020. Further, Airbus delivered 611 passenger jets in 2021, with an XX% rise over the deliveries
in 2020. Therefore, the gradually growing aerospace industry and the widespread use of wind tunnels in aircraft production are bolstering the growth of
the market growth.

5.2 Impact Analysis of Drivers and Restraints


The figure below depicts the impact of the factors driving and restraining the Europe wind tunnel market growth.

Figure 6. Europe Wind Tunnel Market: Impact Analysis of Drivers and Restraints

DRIVER SHORT TERM MID TERM LONG TERM

Increasing Adoption in Aircraft Development   

RESTRAINT SHORT TERM MID TERM LONG TERM

Short Term – 2 Years Mid Term – 5 Years Long Term – 10 Years

Low  Medium  High 

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6. Wind Tunnel Market – Europe Analysis
6.1 Europe Wind Tunnel Market Overview
A prominent share of Europe in the wind tunnel market can be primarily attributed to the automotive sector, which is a significant enabler of the economic
growth of the region. According to the European Environment Agency (EEA) data published in November 2021, the uptake of electric cars and vans in
Europe significantly increased in 2020. Electric car registrations in 2020 were close to 1,325,000 units, up from 550,000 units in 2019. Wind tunnels
play a vital role in the testing and development phase of electric vehicles. Major European manufacturers engaged in the development of wind tunnels
include European Transonic Windtunnel GmbH and Aiolos Engineering Corporation, which provide support to multiple industries for wind tunnel testing.
Furthermore, the rising sales of commercial aircraft in the region contribute to the wind tunnel market growth. As per the 2021 Airbus report regarding
orders and deliveries of commercial aircraft in Europe, Airbus received 3,902 orders for commercial aircraft from Europe in January 2021, which
increased to 4,013 in January 2022. The economic growth in different European countries propels the demand for aircraft and electric vehicles, thereby
driving the OEMs to ramp up their production through the implementation of wind tunnels in their testing processes.

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Europe Wind Tunnel Market to 2028
6.2 Europe Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)
The wind tunnel market in Europe was valued at US$ 962.40 million in 2020 and is projected to reach US$ 1,391.94 million by 2028; it is expected to
grow at a CAGR of XX% from 2021 to 2028.

Figure 7. Europe Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)
XX XX% XX% XX%
XX%
XX XX% XX%
XX%
XX% XX%
XX XX%
XX%
XX%
XX XX%

1,391.94
XX XX%

962.40

XX
XX%

XX
XX

XX
XX
XX
XX
XX
XX

XX%
XX
-XX% -XX%
XX -XX%
XX -XX%
2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Source: The Insight Partners Analysis

Table 1. Europe Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)
CAGR
Market 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(2021–2028)
Revenue
XX 962.40 XX XX XX XX XX XX XX 1391.94 XX%
(US$ Million)
Source: The Insight Partners Analysis

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Europe Wind Tunnel Market to 2028
7. Europe Wind Tunnel Market Analysis – By Solution
7.1 Overview
The market is divided into services and products based on the solution. The services category is expected to maintain its dominance during the forecast
period. The reduced operation & maintenance (O&M) costs of wind tunnels, as well as the easy availability of technical know-how to carry out their
installation and maintenance, are driving this segment's rise.

7.2 Europe Wind Tunnel Market, By Solution (2020 and 2028)


The services segment led the Europe wind tunnel market with a share of XX% in 2020. It is expected to account for XX% of the total market by 2028.

Figure 8. Europe Wind Tunnel Market Revenue Share, By Solution (2020 and 2028)

XX
XX%

Products
Services

XX%
XX

Note: Inner circle represent market shares for 2020 and outer circle represent market shares for 2028
Source: The Insight Partners Analysis

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7.3 Products
7.3.1 Overview
Wind tunnels allow for the rapid acquisition of data related to flow over-scaled or full-scale models. A wind-tunnel design assignment is a reasonably
typical yet complex activity, given its pervasive nature and utility. Flow conditioners, contraction, test section, diffuser, drive, and other optional
components are some of the most popular wind-tunnel components. Companies are offering a wide range of equipment for all types of airspeeds to a
wide range of end users. For instance, AEROLAB offers customized open-circuit wind tunnels with low ceilings, limited access (small entrances), and
obstructions like building columns and overhead ducting. AEROLAB also excels in creating custom wind tunnels, with expertise in building tunnels for
test sections larger than 40+X40 inches.

7.3.2 Products: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)
In terms of revenue, the Europe wind tunnel market for the products segment was valued at US$ XX million in 2020 and is expected to grow at a CAGR
of XX% during the forecast period to reach US$ XX million by 2028.

Figure 9. Europe Products: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

XX
XX
XX
XX
XX
XX
XX
XX
XX
XX

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Source: The Insight Partners Analysis

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Europe Wind Tunnel Market to 2028
8. Europe Wind Tunnel Market – By Alignment
8.1 Overview
The market is divided into horizontal and vertical segments based on the alignment type. In 2020, the horizontal sector led the market, and it is expected
to continue to do so for the next five years. Aeroacoustics, aerodynamic, and climatic horizontal wind tunnels are used in various industries, including
aerospace and military, racing championships, transportation, building construction, and wind energy.

8.2 Horizontal
8.2.1 Overview
Horizontal wind tunnels are devices that allow researchers to study the flow over objects of interest, the forces acting on them, and their interaction with
the flow in order to verify aerodynamic theories and aid in the design of aircraft and other branches of industry and science such as automotive,
architecture, the environment, and education. Horizontal wind tunnel construction and operation expenses are typically high for performance and quality
requirements. They're normally made for medium- to large-sized things. Furthermore, Horizontal wind tunnels have long been used to verify aerodynamic
theories and aid in the design of an airplane, and this has remained their primary application for a long time. As a result, low speed wind tunnels (LSWT)
are essential and irreplaceable during research and design due to the growing interest of other branches of industry and science in low-speed
aerodynamics, such as the automotive industry, architecture, environment, education, and so on, and due to the persistent inability to achieve accurate
solutions with numerical codes.

8.2.2 Horizontal: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)
In terms of revenue, the Europe wind tunnel market for the horizontal segment was valued at US$ XXmillion in 2020 and is expected to grow at a CAGR
of XX% during the forecast period to reach US$ XX million by 2028.

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Europe Wind Tunnel Market to 2028
Figure 10. Europe Horizontal: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Source: The Insight Partners Analysis

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Europe Wind Tunnel Market to 2028
9. Europe Wind Tunnel Market – By Airspeed Type
9.1 Overview
The market is divided into four categories based on airspeed: subsonic, transonic, supersonic, and hypersonic. The subsonic segment dominated the
market in 2020 and is expected to continue throughout the forecast period. The demand for commercial aircraft and automotive testing services is
driving this segment. Racing championship aerodynamic testing also uses subsonic wind tunnels.

9.2 Subsonic
9.2.1 Overview
The Subsonic Wind Tunnel is a cost-effective way to give extensive aerodynamics experimental capabilities. The wind tunnel produces precise findings
and is ideal for undergraduate research and study. Subsonic wind tunnels are utilized for activities at low Mach numbers, with test section speeds
reaching 480 km/h. Subsonic wind tunnel solutions are available from a variety of companies. TecQuipment, for instance, provides a wide range of
instruments, including a computer-based data collecting system. These systems can also interface to electronic sensors on optional wind tunnel
instrumentation. Furthermore, the aerospace industry has adopted subsonic wind tunnels to perform various tests on commercial aircraft development.

9.2.2 Subsonic: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)
In terms of revenue, the Europe wind tunnel market for the subsonic segment was valued at US$ XX million in 2020 and is expected to grow at a CAGR
of XX% during the forecast period to reach US$ XX million by 2028.

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Europe Wind Tunnel Market to 2028
Figure 11. Europe Subsonic: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Source: The Insight Partners Analysis

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Europe Wind Tunnel Market to 2028
10. Europe Wind Tunnel Market – By Application
10.1 Overview
The market is divided into aerospace & defense, automotive and transportation, building construction & wind energy, adventure sports skydiving, and
training & simulation, based on application type. In 2020, the aerospace and defense application segment will dominate the market, which is expected
to continue throughout the forecast period. The increased usage of wind tunnels for testing aircraft used for aerospace and defense applications, as
these aircraft are often subject to extreme environmental conditions, can be credited for the segment's growth.

10.2 Aerospace and Defense


10.2.1 Overview
Aerodynamic engineers utilize wind tunnels to test airplane and rocket models. The engineer can estimate pressures and forces on the full-scale aircraft
and improve its aerodynamic performance by carefully measuring them on the test model. There are numerous different types of wind tunnels, each
with its own function or speed range. Wind tunnels are increasingly being used by research centers and labs for aircraft construction and design. NASA,
for instance, has more wind tunnels than any other organization. The wind tunnels are used in a variety of ways by the agency. NASA uses wind tunnels
to learn more about airplanes and how things flow through the air, for example. Improved air transportation is one of NASA's responsibilities. NASA uses
wind tunnels to evaluate ideas for improving and securing airplanes. Engineers can put innovative materials or shapes for plane parts to the test. Then,
before flying a new plane, NASA will put it through a wind tunnel test to ensure that it will fly properly.

10.2.2 Aerospace and Defense: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)
In terms of revenue, the Europe wind tunnel market for the aerospace and defense segment was valued at US$ XX million in 2020 and is expected to
grow at a CAGR of XX% during the forecast period to reach US$ XX million by 2028.

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Europe Wind Tunnel Market to 2028
Figure 12. Europe Aerospace and Defense: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Source: The Insight Partners Analysis

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Europe Wind Tunnel Market to 2028
11. Europe Wind Tunnel Market – Country Analysis
11.1 Overview
The wind tunnel market in Europe is sub-segmented into the UK, Germany, Italy, France, Russia, and the Rest of Europe. Germany, the UK, Poland,
France, and the Czech Republic have well-established automotive industries. In 2020, the region produced more than XX million units of vehicles.
According to the Association des Constructeurs Européens d’Automobiles (ACEA), XX million passenger cars were manufactured in the European Union
(EU) in 2020. As per the European Environment Agency (EEA) data, the uptake of electric cars and vans in Europe significantly increased in 2020. Electric
car registrations in 2020 were close to XX million units, up from 550,000 units in 2019, representing an increase in electric car registrations from XX%
to XX% in one year. The adoption of electric vans grew from XX% of total new registrations in 2019 to XX% in 2020. Battery electric vehicles accounted
for many electric vehicle registrations in 2020 for cars and vans. Thus, with the flourishing automotive industry in European countries, the adoption of
wind tunnels will also grow in the region during the forecast period.

As per the 2021 Airbus report regarding orders and deliveries of commercial aircraft in Europe, Airbus received 3,902 orders for commercial aircraft
from Europe in January 2021, which increased to 4,013 in January 2022. On the other hand, the total deliveries accounted for 2,804 in January 2021,
and the number rose to 2,903 in January 2022. Thus, with the proliferating aerospace industry in Europe, the need for wind tunnels is also increasing.
Wind tunnels are increasingly being used by research centers and labs for aircraft construction and design. Engineers can estimate pressures and forces
on full-scale aircraft and improve its aerodynamic performance by carefully assessing it on the test model.

Aiolos Engineering Corporation; HORIBA, Ltd.; Lockheed Martin Corporation; and European Transonic Windtunnel GmbH are the leading wind tunnel
manufacturers in Europe. According to an article published by the Community Research and Development Information Service (CORDIS)—European
Commission in November 2018, the HIGHTRIP project (i.e., HIGH speed civil Tilt Rotor wind tunnel project), funded by the European Union (EU), aims to
design a new model, and reuse the newly developed empennages (tails). The precise model scale will occur from sizing the empennage to the Next

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Generation Civil Tiltrotor (NGCTR) technology demonstrator geometry. The project is focused on designing and manufacturing a new fuselage and wing,
followed by analyzing wind tunnel data ahead of the NGCTR technology demonstrator’s full-scale deployment.

Lockdowns in European countries upon the onset of the COVID-19 pandemic led to decreased demand for essentials and nonessentials, and disruptions
in supply chains, which severely affected the European Union (EU) industries. As a result, several industries, including automotive and housing
constructions, were shut down. The discontinuation of operations in several industries hampered the wind tunnel market growth in the region. In 2021,
with the relaxation of lockdown measures, the manufacturing businesses, including wind tunnel designers and producers, resumed their operations.

Figure 13. Europe: Wind Tunnel Market, by Key Country – Revenue (2020) (US$ Million)

EUROPE (2020)

Rest of
XX
Europe RUSSIA
Russia XX
EUROPE
Italy XX

UK XX

Germany XX

France XX

Source: The Insight Partners Analysis

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11.1.1 Europe: Wind Tunnel Market, by Key Country
Figure 14. Europe: Wind Tunnel Market Revenue Share, by Key Country (2020 & 2028)

XX XX

XX% XX% France


XX
Germany
XX%
XX% XX UK
XX Italy
XX%
Russia

XX% Rest of Europe

XX

Source: The Insight Partners Analysis, Primary Interviews, Magazines and Journals, and Secondary Sources
Note: Inner circle represent market shares for 2020 and outer circle represent market shares for 2028

Table 2. Europe: Wind Tunnel Market, by Country – Revenue and Forecast to 2028 (US$ Million)
CAGR (2021–
Country 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
2028)

France XX XX XX XX XX XX XX XX XX XX XX%

Germany XX XX XX XX XX XX XX XX XX XX XX%

UK XX XX XX XX XX XX XX XX XX XX XX%

Italy XX XX XX XX XX XX XX XX XX XX XX%

Russia XX XX XX XX XX XX XX XX XX XX XX%

Rest of Europe XX XX XX XX XX XX XX XX XX XX XX%

Source: The Insight Partners Analysis, Primary Interviews, Magazines and Journals, and Secondary Sources

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The wind tunnel market in UK was worth US$ XX million in 2020 and is projected to reach US$ XX million by 2028; it is expected to grow at a CAGR of
XX% during the forecast period. The market in Germany is estimated to be worth US$ XX million by 2028 and is expected to grow at a CAGR of XX%
during the forecast period.

11.1.1.1 Germany: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Germany: Wind Tunnel Market – Revenue and Forecast to 2028 (US$ Million)

XX
XX
XX
XX
XX
XX
XX
XX
XX
XX

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Source: The Insight Partners Analysis

In terms of value, the wind tunnel market in Germany was valued at US$ XX million in 2020 and is projected to reach US$ XX million by 2028; it is
expected to grow at a CAGR of XX% during the forecast period. In Germany, the demand of electric vehicles (EVs) is increasing rapidly. For instance,
according to the article published by the CleanTechnica in January 2022, Germany (Europe’s largest auto market) saw plugin electric vehicle share hit
a record of XX% in December, up from XX% year-on-year. The December’s record combined plugin result of XX% comprised XX% full battery electrics
(BEVs) and XX% plugin hybrids (PHEVs), a weighting roughly consistent with recent months. Further, the government is also focusing on the increasing
number of the EVs in the country. For instance, the German government’s aim is to see XX million purely electrified cars in circulation by 2030. So far,

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Germany has seen only 520,000 of them roll off dealerships’ forecourts, according to the article published by the euronewsnext in December 2021.
Therefore, the increasing demand of electric vehicles is influencing the growth of the wind tunnel market in the country.

11.1.1.1.1 Germany: Wind Tunnel Market, By Solution

Table 3. Germany: Wind Tunnel Market, By Solution – Revenue and Forecast to 2028 (US$ Million)
CAGR (2021–
Solution 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
2028)

Products XX XX XX XX XX XX XX XX XX XX XX%

Services XX XX XX XX XX XX XX XX XX XX XX%

Source: The Insight Partners Analysis, Primary Interviews, Magazines and Journals, and Secondary Sources

The wind tunnel market for the services segment was worth US$ XX million in 2020 and is projected to reach US$ XX million by 2028; it is expected to
grow at a CAGR of XX% during the forecast period. The market for the products segment is estimated to be worth US$ XX million by 2028 and is expected
to grow at a CAGR of XX% during the forecast period.

11.1.1.1.2 Germany: Wind Tunnel Market, By Alignment

Table 4. Germany: Wind Tunnel Market, By Alignment – Revenue and Forecast to 2028 (US$ Million)
CAGR (2021–
Alignment 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
2028)

Horizontal XX XX XX XX XX XX XX XX XX XX XX%

Vertical XX XX XX XX XX XX XX XX XX XX XX%

Source: The Insight Partners Analysis, Primary Interviews, Magazines and Journals, and Secondary Sources

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The wind tunnel market for the horizontal segment was worth US$ XX million in 2020 and is projected to reach US$ XX million by 2028; it is expected to
grow at a CAGR of XX% during the forecast period. The market for the vertical segment is estimated to be worth US$ XX million by 2028 and is expected
to grow at a CAGR of XX% during the forecast period.

11.1.1.1.3 Germany: Wind Tunnel Market, By Airspeed Type

Table 5. Germany: Wind Tunnel Market, By Airspeed Type – Revenue and Forecast to 2028 (US$ Million)
CAGR (2021–
Airspeed Type 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
2028)

Subsonic XX XX XX XX XX XX XX XX XX XX XX%

Supersonic XX XX XX XX XX XX XX XX XX XX XX%

Transonic XX XX XX XX XX XX XX XX XX XX XX%

Hypersonic XX XX XX XX XX XX XX XX XX XX XX%

Source: The Insight Partners Analysis, Primary Interviews, Magazines and Journals, and Secondary Sources

The wind tunnel market for the subsonic segment was worth US$ XX million in 2020 and is projected to reach US$ XX million by 2028; it is expected to
grow at a CAGR of XX% during the forecast period.

The market for the supersonic segment is estimated to be worth US$ XX million by 2028 and is expected to grow at a CAGR of XX% during the forecast
period.

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Europe Wind Tunnel Market to 2028
11.1.1.1.4 Germany: Wind Tunnel Market, By Application

Table 6. Germany: Wind Tunnel Market, By Application – Revenue and Forecast to 2028 (US$ Million)
CAGR (2021–
Application 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
2028)

Aerospace and Defense XX XX XX XX XX XX XX XX XX XX XX%


Automotive and
XX XX XX XX XX XX XX XX XX XX XX%
Transportation
Building Construction
XX XX XX XX XX XX XX XX XX XX XX%
and Wind Energy
Training and Simulation XX XX XX XX XX XX XX XX XX XX XX%
Adventure Sports
XX XX XX XX XX XX XX XX XX XX XX%
Skydiving
Others XX XX XX XX XX XX XX XX XX XX XX%

Source: The Insight Partners Analysis, Primary Interviews, Magazines and Journals, and Secondary Sources

The wind tunnel market for the aerospace and defense segment was worth US$ XX million in 2020 and is projected to reach US$ XX million by 2028; it
is expected to grow at a CAGR of XX% during the forecast period. The market for the adventure sports skydiving segment is estimated to be worth US$
XX million by 2028 and is expected to grow at a CAGR of XX% during the forecast period.

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12. Wind Tunnels Market- Industry Landscape
12.1 Overview
The industry landscape chapter gives a brief knowledge about product development, partnership, merger and acquisition, joint venture, and collaboration
strategies implemented by companies. These strategies enhance their product offerings and footprint across industries, thereby boosting their annual
growth.

12.2 Mergers and Acquisitions


Merger and acquisition are basic information about the consolidation of companies or assets through various types of financial transactions. The players
present in the wind tunnel market are focusing on mergers and acquisitions to enlarge the customer base across the world which also permits the
players to maintain their brand name globally. Establishment of successful merger or acquisitions as an important strategy adopted by the industry’s
major players to meet customer demand for going natural.

Year News
Boeing and the Massachusetts Institute of Technology (MIT) had partnered to announce sponsor of most advanced academic
Nov-2017
wind tunnel in US. This partnership would help to company to leverage more customer base.

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12.3 New Product Launches
Product News is basically information about the various products offered by the companies. The key players present in the wind tunnel market mainly
concentrate towards launching new, innovative, and sustainable products to enlarge the customer base across the world which also permits the players
to maintain their brand name globally. The companies also focus on working together to complete a task or achieve a goal.

Year News
Boeing has developed has innovative software program for 777X wind tunnel tests to streamline the low-speed wind tunnel testing.
January-2018
This would help the company leverage it client base across the globe.

12.4 Expansions And Other Strategic Developments


Business expansion and development of strategy is basically adopted by the companies to fulfil the changing demand of customers. The major players
present in the global Wind Tunnel market mainly focuses towards upgrading existing strategies to provide customer new and innovative solutions with
advanced features.

Year News
Lockheed Martin has partnered with the University of Maryland. It has signed an agreement worth US$3 million at the University of
Sept-2019
Maryland.

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13. Company Profiles
13.1 Aerolab
13.1.1 Key Facts
Aerolab
Founded 1947

Corporate Address 8291 Patuxent Range Rd Jessup, Maryland 20794 USA

Telephone +13017766585

URL www.aerolab.com

Location Global

Number of Employees 50

Fiscal Year End Sep-2022

13.1.2 Business Description


Aerolab is one of the leading designing and manufacturing of custom wind tunnels. It provides designing, fabrication, and installation of wind tunnels. It
provides wide range of product offerings such as balances, entertainment, high speed, low speed models & probes, smoke generator, subsonic wind
tunnels, specialty tunnels and equipment, and software solution. It also offers in-house machining, fabricating, welding, and painting, finishing,
electronics and design which are specially dedicated for the development and construction of wide range of wind tunnels and aerodynamics research
instruments. The company provides its product offerings to aerospace and many other industries wherein wind tunnels are essentially used. It serves
its customers across the globe in various countries such as Australia, Brazil, Canada, Chile, China, Colombia, Denmark, France, Great Britain, Germany,
India, Indonesia, Iran and among other countries.

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13.1.3 Products and Services
Product Category Product Name Description
It provides premium indoor skydiving vertical wind tunnels that offer a superior flight experience to both expert and
Wind Tunnel Indoor Skydiving Wind Tunnel
novice flyers. It helps to maximize the performance and flow quality which further helps to minimize power and noise.

The company provides open circuit wind tunnels for various need such as low ceilings, limited access (small doorways)
Open Circuit Wind Tunnel
and obstacles such as building columns and overhead ducting. It has turbulence level typically less than 0.25%.

The blow-down wind tunnels are a special type of open circuit wind tunnel. It provides an extra degree of testing flexibility.
Blow Down Wind Tunnel
These tunnels are used for tests requiring liquid or particulate injection.

The turbulence level is typically below 0.10% throughout the full tunnel speed range. The contraction ratio (inlet-to-outlet
Closed Circuit Wind Tunnel
area ratio) is a major driver in the overall size and complexity of a closed circuit tunnel.

The complete EWT system is an easy-to-use, all-in-one fluids aerodynamics laboratory. It has optional features which
Educational Wind Tunnel
includes instrumentation, data acquisition, models, and probes.

13.1.4 Financial Overview


Privately held company thus no information is available in the public domain.

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13.1.5 SWOT Analysis

S W O T
STRENGTH WEAKNESSES OPPORTUNITIES THREATS

• It has strong product • Least focus on establishing • Increasing focus on • Political instability might
portfolio and global strategic merger and expansion strategies threaten the market growth
presence acquisitions

Source: Press Release, Newsletters, and Company website

STRENGTHS

• It has strong product portfolio and global presence

The company has wide range of product portfolio for wind tunnel. It also has large number of client base across the globe. Thus, large number of product
offerings and global presence strengthens the company's revenue.

13.1.6 Key Developments


There are no recent developments for Aerolab in the Wind tunnel market.

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14. Appendix
14.1 About The Insight Partners
The Insight Partners is a one market research provider of actionable solutions. We help our clients in getting solutions to their research requirements
through our syndicated and consulting research services. We are specialist in industries such as Automotive & Transportation, Electronics &
Semiconductors, Aerospace & Defense, Construction & Manufacturing, and Business Model, Media, and Telecommunications.

Our research model is very simple. We believe in client servicing and delivering best quality to our customers. Through our research content, we are
making sure that our customers get value of their money along with better quality data and analysis.

Our research content is predominantly focused on market trends in terms of market sizing, competitive landscaping, company analysis, regional or
country analysis etc. We provide detailed break-up of segmentation in terms of geography, Business Model, product, and services etc., which helps our
clients to get a deeper analysis on various research topics.

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14.2 Word Index
Table 7. List of Abbreviation
Abbreviation Expansion
3D Three Dimensional

ACEA Association des Constructeurs Européens d’Automobiles

ATR Aerodynamic Testing Regulations

BEVs Battery Electric Vehicles

CAGR Compound Annual Growth Rate

CFD Computational Fluid Dynamics

CORDIS Community Research and Development Information Service

COVID-19 Coronavirus Disease 2019

EEA European Environment Agency

EGD European Green Deal

EU European Union

EV Electric Vehicle

GDP Gross Domestic Product

HEVs Hybrid Electric Vehicles

HPC High Performance Computer

ICE Internal Combustion Engine

LCV Light Commercial Vehicle

LEED Leadership in Energy and Environmental Design

NASA National Aeronautics and Space Administration

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Abbreviation Expansion
NGCTR Next Generation Civil Tiltrotor

OEM Original equipment manufacturer

PHEVs Plug-in Hybrid Electric Vehicles

R&D Research & Development

UK United Kingdom

US United States

US$ United States Dollar

Source: The Insight Partners Analysis

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CONTACT US

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North America: +1 646 491 9876

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Email: sales@theinsightpartners.com

DISCLAIMER

All Rights Reserved.

No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form by any means, electronic, mechanical,
photocopying, recording or otherwise without the prior permission of the publisher, “The Insight Partners”.

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