Market Overview:
The global compression testing machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for compression testing machines from various end-use industries, such as glass, cardboard, and other applications. In terms of type, the 0-500N segment is expected to lead the global compression testing machine market during the forecast period due to its low cost and easy operability. However, in terms of revenue share, the 0-3000N segment is projected to dominate the global compression testing machine market during 2018–2030 owing to its high accuracy and precision levels.
Product Definition:
Compression Testing Machine is a device used to measure the compressive strength of a material. The importance of Compression Testing Machine is that it allows for the determination of the compressive strength of a material, which can be used to determine its suitability for use in various applications.
0-500N:
0-500N is a measurement of force that can be applied by a muscle or any other contracting organ. The higher the number, the stronger the force. It is used in Compression Testing Machine (CTM) to measure how much pressure an individual can withstand before his/her blood vessels rupture.
The 0-500N test measures peak tensile strength and it helps detect abnormalities in several body fluids such as urine, semen, and spinal fluid among others.
0-1500N:
The 0-1500N is a very high range of the normal force that can be applied by a person. It measures the maximum force that can be applied by an average healthy adult man to a woman or child. The normal force is used in compression testing machine for testing the strength of materials such as bones, muscles, joints and ligaments.
Application Insights:
Cardboard was the largest application segment and accounted for over 40% of market share in 2017. It is expected to witness significant growth on account of its low cost, easy availability and high production output. Compression testing machine with Cardboard application is used to test the durability of packaging materials such as boxes, cartons, etc. The Latin America region is expected to register a CAGR exceeding 7% from 2018 to 2030 owing to growing consumption patterns in Brazil coupled with increasing foreign investments in Mexico and Argentina will drive product demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The growth is attributed to the presence of a large number of manufacturers and suppliers in this region. Moreover, increasing demand for packaging materials as well as industrial machinery is expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising construction activities across various economies such as China, India, Japan and Australia among others. In addition, growing automotive industry coupled with rapid urbanization will also support regional expansion over next eight years or so.
Europe was valued at USD X billion in 2017 and it is expected that this trend will continue till 2030 due towards growing application industries across major economies including Germany; France; Italy; U K.
Growth Factors:
- Increasing demand for quality control and assurance in manufacturing industries
- Rapid industrialization in developing countries
- Rising awareness about the benefits of compression testing machines among end-users
- Technological advancements in compression testing machine design and functionality
- Growing number of small and medium-sized enterprises (SMEs) adopting compression testing machines
Scope Of The Report
Report Attributes
Report Details
Report Title
Compression Testing Machine Market Research Report
By Type
0-500N, 0-1500N, 0-3000N, Other
By Application
Glass, Cardboard, Other
By Companies
Adaptronic Prueftechnik, Admet, Aerotest Limited, Airmo, Akira Technologies, Bauer, Dewetron Gmbh, Kilonewton Sas, Marvin Test, Maximator Gmbh, Mk Test Systems, Mts Systems Corporation, Oros, Schenck
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Compression Testing Machine Market Report Segments:
The global Compression Testing Machine market is segmented on the basis of:
Types
0-500N, 0-1500N, 0-3000N, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Glass, Cardboard, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Adaptronic Prueftechnik
- Admet
- Aerotest Limited
- Airmo
- Akira Technologies
- Bauer
- Dewetron Gmbh
- Kilonewton Sas
- Marvin Test
- Maximator Gmbh
- Mk Test Systems
- Mts Systems Corporation
- Oros
- Schenck
Highlights of The Compression Testing Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 0-500N
- 0-1500N
- 0-3000N
- Other
- By Application:
- Glass
- Cardboard
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Compression Testing Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A compression testing machine is a device used to measure the amount of data that can be compressed or decompressed with a given level of quality.
Some of the major companies in the compression testing machine market are Adaptronic Prueftechnik, Admet, Aerotest Limited, Airmo, Akira Technologies, Bauer, Dewetron Gmbh, Kilonewton Sas, Marvin Test, Maximator Gmbh, Mk Test Systems, Mts Systems Corporation, Oros, Schenck.
The compression testing machine market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Compression Testing Machine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Compression Testing Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Compression Testing Machine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Compression Testing Machine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Compression Testing Machine Market Size & Forecast, 2020-2028
4.5.1 Compression Testing Machine Market Size and Y-o-Y Growth
4.5.2 Compression Testing Machine Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 0-500N
5.2.2 0-1500N
5.2.3 0-3000N
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Glass
6.2.2 Cardboard
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Compression Testing Machine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Compression Testing Machine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 0-500N
9.6.2 0-1500N
9.6.3 0-3000N
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Glass
9.10.2 Cardboard
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 0-500N
10.6.2 0-1500N
10.6.3 0-3000N
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Glass
10.10.2 Cardboard
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 0-500N
11.6.2 0-1500N
11.6.3 0-3000N
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Glass
11.10.2 Cardboard
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 0-500N
12.6.2 0-1500N
12.6.3 0-3000N
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Glass
12.10.2 Cardboard
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 0-500N
13.6.2 0-1500N
13.6.3 0-3000N
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Glass
13.10.2 Cardboard
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Compression Testing Machine Market: Competitive Dashboard
14.2 Global Compression Testing Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Adaptronic Prueftechnik
14.3.2 Admet
14.3.3 Aerotest Limited
14.3.4 Airmo
14.3.5 Akira Technologies
14.3.6 Bauer
14.3.7 Dewetron Gmbh
14.3.8 Kilonewton Sas
14.3.9 Marvin Test
14.3.10 Maximator Gmbh
14.3.11 Mk Test Systems
14.3.12 Mts Systems Corporation
14.3.13 Oros
14.3.14 Schenck
