Market Overview:
The Global Dynamic Strain Test System Market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for dynamic strain test systems in the aerospace and defense sectors, and the growing adoption of these systems in general industry applications. The global dynamic strain test system market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into fixed and portable systems. The fixed system segment is expected to account for a larger share of the global market than the portable system segment duringthe forecast period owingto its high accuracyand reliability levels.Onthebasisofregion,.
Product Definition:
A dynamic strain test system is a device used to measure the amount of deformation or displacement in a material as it is being subjected to a force. The importance of this type of testing is that it can help identify potential failure points in a material before it fails catastrophically.
Fixed:
Fixed Strain Test System (FSTS) is a device used for measuring the static and dynamic strains in materials. It is also known as tensile tester or tension meter. The FSTS can be used to measure compressive, tensile and shear strains of any material under test conditions.
The Fixed Strain Test System market size was valued at USD 469 million in 2015.
Portable:
The portable system is used in dynamic strain test systems. It helps to measure the strains and stresses in different parts of a structure under various loading conditions. The tests are conducted by applying known forces and measuring the deformation of materials or structures under these conditions.
Portable systems can be easily moved from one place to another, which makes it convenient for testing at different sites as per requirement without much hassle.
Application Insights:
The aerospace and defense application segment accounted for the largest revenue share of around 40% in 2017. The global demand for DST systems is witnessing a paradigm shift due to growing concerns over aircraft fatigue and reliability. Fatigue cracks in critical components can lead to an aircraft¢â‚¬â„¢s premature retirement, which not only wastes resources but also poses a potential safety hazard. Reliability-based design of components and structural elements has become necessary to ensure the safe operation of commercial as well as military aircraft on long-distance flights across different climate conditions.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The U.S.-based companies are involved in extensive research activities to develop advanced dynamic strain test systems for various applications. These companies also offer training programs to educate users about the benefits offered by these systems and related techniques, which is further expected to drive regional growth over the forecast period.
The Asia Pacific region is anticipated to witness significant growth over the forecast period owing to increasing defense spending by countries such as China and India, which has led them adopt advanced testing equipment for different applications within their military forces and aerospace industry respectively. Furthermore, rising demand from other industries such as oil & gas exploration will propel regional product demand over the next eight years (2030).
Growth Factors:
- Increasing demand for advanced materials in various end-use industries
- Growing need for quality control and assurance in manufacturing processes
- Rising research and development expenditure by material manufacturers
- Proliferation of nanotechnology and composites industry
- Technological advancements in Dynamic Strain Test System market
Scope Of The Report
Report Attributes
Report Details
Report Title
Dynamic Strain Test System Market Research Report
By Type
Fixed, Portable
By Application
National Defense, Aerospace, General Industry, Other
By Companies
DEWETRON, National Instruments, Instro, ANCO Engineers, Inc., BAE Systems, LMS, B&K, Donghua, DEWETRON
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
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Dynamic Strain Test System Market Report Segments:
The global Dynamic Strain Test System market is segmented on the basis of:
Types
Fixed, Portable
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
National Defense, Aerospace, General Industry, 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:
- DEWETRON
- National Instruments
- Instro
- ANCO Engineers, Inc.
- BAE Systems
- LMS
- B&K
- Donghua
- DEWETRON
Highlights of The Dynamic Strain Test System 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:
- Fixed
- Portable
- By Application:
- National Defense
- Aerospace
- General Industry
- 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 Dynamic Strain Test System 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Dynamic strain test system is a type of testing equipment used to measure the dynamic properties of materials.
Some of the major players in the dynamic strain test system market are DEWETRON, National Instruments, Instro, ANCO Engineers, Inc., BAE Systems, LMS, B&K, Donghua, DEWETRON.
The dynamic strain test system 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 Dynamic Strain Test System 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 Dynamic Strain Test System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Dynamic Strain Test System 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 Dynamic Strain Test System 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 Dynamic Strain Test System Market Size & Forecast, 2020-2028
4.5.1 Dynamic Strain Test System Market Size and Y-o-Y Growth
4.5.2 Dynamic Strain Test System 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 Fixed
5.2.2 Portable
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 National Defense
6.2.2 Aerospace
6.2.3 General Industry
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Dynamic Strain Test System 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 Dynamic Strain Test System 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 Fixed
9.6.2 Portable
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 National Defense
9.10.2 Aerospace
9.10.3 General Industry
9.10.4 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 Fixed
10.6.2 Portable
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 National Defense
10.10.2 Aerospace
10.10.3 General Industry
10.10.4 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 Fixed
11.6.2 Portable
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 National Defense
11.10.2 Aerospace
11.10.3 General Industry
11.10.4 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 Fixed
12.6.2 Portable
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 National Defense
12.10.2 Aerospace
12.10.3 General Industry
12.10.4 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 Fixed
13.6.2 Portable
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 National Defense
13.10.2 Aerospace
13.10.3 General Industry
13.10.4 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 Dynamic Strain Test System Market: Competitive Dashboard
14.2 Global Dynamic Strain Test System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DEWETRON
14.3.2 National Instruments
14.3.3 Instro
14.3.4 ANCO Engineers, Inc.
14.3.5 BAE Systems
14.3.6 LMS
14.3.7 B&K
14.3.8 Donghua
14.3.9 DEWETRON
