Market Research Reports Global Composite Testing Market Report 2019-conver

Latest Study On Composite Testing Market
Report 2019
“Global Composite Testing Market Report 2019” report provides the newest
industry data and industry future trends, allowing you to identify the
products and end users driving Revenue growth and profitability. The
industry report lists the leading competitors and provides the insights
strategic industry Analysis of the key factors influencing the market.
Global Composite Testing Market Overview:
The Global Composite Testing Market research report is the study prepared by analysts, which
contain a detailed analysis of drivers, restraints, and opportunities along with their impact on the
Composite Testing Market growth (2019 - 2023).
The most important factors driving the growth of the Global Composite Testing Market are high
penetration of composites in various high end applications and stringent regulatory norms stressing
upon the quality of composites.
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According to the market report analysis, the Composite testing is widely used in aerospace &
defense sector to evaluate the performance and structural applications. Major commercial aircraft
manufacturers such as Airbus and Boeing have developed aircraft such as Airbus A350 and Boeing
787 that constitute almost 50% of the composites in their airframe structures. Aviation giants such
as National Aeronautics and Space Administration (NASA) and SpaceX widely use composite testing
due to resistance fatigue & corrosion and high stiffness-to-weight ratio.
The Global Composite Testing Market is segmented based on the Product Type, Testing Method,
Application and Region. On the basis of Product Type, the Global Composite Testing Market is
segmented into Continuous fiber composites, Discontinuous fiber composites, Polymer matrix
composites, Ceramic matrix composites, and others. Based on the Testing Method, the Global
Composite Testing Market is classified into Destructive and Non-destructive. On the basis of
Application, the Global Composite Testing Market is sub-segmented into Aerospace & defense,
Transportation, Wind energy, Building & construction, Sporting goods, Electricals & electronics and
others.
The Europe Composites Testing Market is expected to witness the highest growth , during the
forecast period, due to prevalence of low interest rates, presence of established players, high
growth in the number of commercial aircraft deliveries, clearance in the backlog of purchase orders
from Airbus and the replacement of old aircraft. In addition, various initiatives such as European
Union Automotive Fuel Economy policy implemented by UNEP, which highlight the use of light