Market Overview:
The Global Drop Weight Testers Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for drop weight testers in various end-use industries such as automotive, aerospace, and metal industry. In addition, the growing demand for compound materials in various end-use industries is also fueling the growth of the global drop weight testers market. However, volatility in prices of raw materials used in drop weight testers may hamper the market growth during the forecast period. Based on type, automatic drop weight tester segment is expected to witness highest CAGR during forecast period owing to its advantages over semi-automatic type such as accuracy and repeatability.
Product Definition:
A drop weight tester is a device that is used to measure the impact force of an object. This device is often used in the testing of materials or products to ensure that they can withstand a certain amount of force. The importance of this type of tester can be seen in many industries, as it allows for products to be tested before they are put into use.
Semi Automatic Drop Weight Tester:
Semi automatic weight tester is a device used to measure the total weight of material or cargo that is dropped from a fixed height. It’s major application areas include warehouse & distribution centers, manufacturing units, ports and airports.
The semi automatic drop weight tester market has witnessed significant growth over the past few years owing to its ability to test materials/cargo without any human intervention which makes it an ideal choice for testing the durability of different types of materials.
Automatic Drop Weight Tester:
The automatic weight tester is used to determine the weight of a shipment or load in transit. It is an electronic device that measures and displays the weight of individual packages as they are dropped from a scale onto a platform. The market for drop weight testers has been growing at an exponential rate owing to its increasing demand across various end-use industries such as pharmaceutical, food & beverages, electronics, etc.
Application Insights:
Automotive application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing production of electric vehicles (EVs) in various countries, such as China, Japan, and the U.S., coupled with stringent regulations regarding weight reduction for improving fuel efficiency.
The metal industry segment is expected to register a significant CAGR during the forecast period on account of rising demand from construction equipment manufacturers owing to increased harvesting rates by farmers across rural areas worldwide due to technological advancements in agricultural machinery manufacturing over recent years. This has led constructions companies tester their products for weight reduction before shipping them out from their warehouses or factories premises which will result into higher product adoption eventually driving down overall market growth during this timeframe.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a high demand for drop weight testers from various end-use industries, such as aerospace & defense, automotive, and others. This can be attributed to increasing production of vehicles in China owing to low manufacturing cost coupled with easy availability of raw materials such as aluminum and steel.
The growing use of lightweight materials in vehicle bodies is anticipated to drive the product demand further. For instance, according to OICA 2018 statistics on behalf of International Trade Administration (ITA), U.S., there were nearly 6 million light vehicles manufactured within North America that had an average curb weight around 2 tons or less in 2016; this number is projecteded grow at a CAGR exceeding 5% during the forecast period which will create significant opportunities for drop weight testers across this region over next eight years (2018 To 2030).
Growth Factors:
- Increasing awareness about the benefits of using Drop Weight Testers for quality control and process improvement in various industries.
- Growing demand from end-use industries such as automotive, aerospace, and defense sectors.
- Rising popularity of automated testing systems that help reduce manufacturing cycle times and improve product quality.
- Technological advancements in Drop Weight Testers that offer enhanced performance, accuracy, and reliability.
Scope Of The Report
Report Attributes
Report Details
Report Title
Drop Weight Testers Market Research Report
By Type
Semi Automatic Drop Weight Tester, Automatic Drop Weight Tester
By Application
Automobile, Aerospace, Compound Material, Metal Industry, Others
By Companies
ZwickRoell, Instron, Ray-Ran Test Equipment (Industrial Physics), Qualitest, BESMAK, Imatek, IPT, Torontech, MTS China (MTS Systems Corporation), Jinan Testing Equipment, Jinan Hensgrand Instrument, Labtone, Labthink Instruments, Laryee Technology
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Drop Weight Testers Market Report Segments:
The global Drop Weight Testers market is segmented on the basis of:
Types
Semi Automatic Drop Weight Tester, Automatic Drop Weight Tester
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
Automobile, Aerospace, Compound Material, Metal Industry, Others
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:
- ZwickRoell
- Instron
- Ray-Ran Test Equipment (Industrial Physics)
- Qualitest
- BESMAK
- Imatek
- IPT
- Torontech
- MTS China (MTS Systems Corporation)
- Jinan Testing Equipment
- Jinan Hensgrand Instrument
- Labtone
- Labthink Instruments
- Laryee Technology
Highlights of The Drop Weight Testers 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:
- Semi Automatic Drop Weight Tester
- Automatic Drop Weight Tester
- By Application:
- Automobile
- Aerospace
- Compound Material
- Metal Industry
- Others
- 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 Drop Weight Testers 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?
Drop weight testers are devices that measure how much weight a person can drop without causing injury. They are used to determine if a person is at risk for falling and/or sustaining an injury.
Some of the major players in the drop weight testers market are ZwickRoell, Instron, Ray-Ran Test Equipment (Industrial Physics), Qualitest, BESMAK, Imatek, IPT, Torontech, MTS China (MTS Systems Corporation), Jinan Testing Equipment, Jinan Hensgrand Instrument, Labtone, Labthink Instruments, Laryee Technology.
The drop weight testers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Drop Weight Testers 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 Drop Weight Testers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Drop Weight Testers 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 Drop Weight Testers 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 Drop Weight Testers Market Size & Forecast, 2020-2028
4.5.1 Drop Weight Testers Market Size and Y-o-Y Growth
4.5.2 Drop Weight Testers 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 Semi Automatic Drop Weight Tester
5.2.2 Automatic Drop Weight Tester
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 Automobile
6.2.2 Aerospace
6.2.3 Compound Material
6.2.4 Metal Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Drop Weight Testers 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 Drop Weight Testers 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 Semi Automatic Drop Weight Tester
9.6.2 Automatic Drop Weight Tester
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 Automobile
9.10.2 Aerospace
9.10.3 Compound Material
9.10.4 Metal Industry
9.10.5 Others
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 Semi Automatic Drop Weight Tester
10.6.2 Automatic Drop Weight Tester
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 Automobile
10.10.2 Aerospace
10.10.3 Compound Material
10.10.4 Metal Industry
10.10.5 Others
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 Semi Automatic Drop Weight Tester
11.6.2 Automatic Drop Weight Tester
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 Automobile
11.10.2 Aerospace
11.10.3 Compound Material
11.10.4 Metal Industry
11.10.5 Others
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 Semi Automatic Drop Weight Tester
12.6.2 Automatic Drop Weight Tester
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 Automobile
12.10.2 Aerospace
12.10.3 Compound Material
12.10.4 Metal Industry
12.10.5 Others
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 Semi Automatic Drop Weight Tester
13.6.2 Automatic Drop Weight Tester
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 Automobile
13.10.2 Aerospace
13.10.3 Compound Material
13.10.4 Metal Industry
13.10.5 Others
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 Drop Weight Testers Market: Competitive Dashboard
14.2 Global Drop Weight Testers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ZwickRoell
14.3.2 Instron
14.3.3 Ray-Ran Test Equipment (Industrial Physics)
14.3.4 Qualitest
14.3.5 BESMAK
14.3.6 Imatek
14.3.7 IPT
14.3.8 Torontech
14.3.9 MTS China (MTS Systems Corporation)
14.3.10 Jinan Testing Equipment
14.3.11 Jinan Hensgrand Instrument
14.3.12 Labtone
14.3.13 Labthink Instruments
14.3.14 Laryee Technology
