Market Overview:
The global elastomeric bearing testing machines market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for elastomeric bearings in various end-use industries, such as highway, railway, bridge, and building. In addition, the growing awareness about the benefits of using elastomeric bearings is also contributing to the growth of this market. Based on type, the global elastomeric bearing testing machines market can be segmented into electric and hydraulic machines. The electric machine segment is expected to grow at a higher CAGR than the hydraulic machine segment during the forecast period from 2018 to 2030. This can be attributed to factors such as technological advancements and rising demand for electric machines in various end-use industries. Based on application,the global elastomeric bearing testing machines market can be divided into highway, railway bridgebuilding ,and other applications .
Product Definition:
Elastomeric Bearing Testing Machines are used to test the properties of elastomer bearings. These machines can measure the force required to initiate or stop movement of a bearing, as well as the displacement and speed of that movement. Elastomeric Bearing Testing Machines are important for determining the suitability of elastomer bearings for specific applications.
Electric:
Electric, it’s usage and growth factor in Elastomeric Bearing Testing Machines market is expected to witness significant growth over the forecast period. The electric motor has been a major contributor to the industrial revolution over the last century. With their increasing application in various industries such as automotive, construction equipment, material handling equipment and so on; demand for testing machines that can measure torque or force has also increased.
Hydraulic:
Hydraulic test machine is used to measure the force and torque applied on a part under load. It also helps in determining the compliance of materials with industry standards. Hydraulic test machines are widely used in elastomeric bearing testing for monitoring and measuring radial, axial, mixed as well as vertical forces acting on seals, races or gaskets during the performance of tests.
The global hydraulic.
Application Insights:
The highway application segment accounted for the largest share of over 50.0% in 2017 and is projected to witness significant growth over the forecast period. The rising demand for elastomeric bearings from various industries including automotive, medical equipment, construction and aerospace is expected to drive the global market growth during the forecast period.
Elastomeric bearings provide a smooth ride by reducing vibrations and providing a comfortable feel through reduced friction levels between rolling elements such as wheels, axles or frames on one hand, and supports such as roads or railway tracks on another hand. These products are majorly used in buses (veteran & non-veteran), light commercial vehicles (LCVs), heavy trucks (HVs) along with tankers & transporters across all major regions of the world owing to their low cost coupled with high performance benefits which include noise reduction & comfort level while traveling at normal speeds on highways or roadways thereby contributing toward overall market development during future years.
Regional Analysis:
The Asia Pacific region accounted for the largest share in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing infrastructure activities coupled with rising industrialization in countries such as China, India, Indonesia, Thailand and Vietnam. In addition, growing demand for energy storage systems owing to rapid urbanization is also projected to drive product demand over the next eight years.
In terms of revenue, North America was at par with Europe in 2017 due to presence of a large number of manufacturers along with high production volume across several industries including automotive and construction equipment. However, Europe emerged as a more prominent market owing to stringent regulations regarding road safety coupled with growing adoption by end-users such as railways operators and highway authorities among others. Moreover Elastomeric Bearing Testing Machines (EBT) market will grow significantly on account of increasing investments on public transportation facilities which includes metro rail networks & railway stations etc.
Growth Factors:
- Increasing demand for elastomeric bearings in automotive and aerospace industries
- Growing awareness about the benefits of elastomeric bearings over traditional bearings
- Rising R&D spending by bearing manufacturers to develop new and innovative products
- Technological advancements in elastomeric bearing testing machines that offer enhanced performance and efficiency
- Growing demand for customized elastomeric bearing testing machines to meet specific requirements of different industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Elastomeric Bearing Testing Machines Market Research Report
By Type
Electric, Hydraulic, Other
By Application
Highway, Railway, Bridge, Building, Other
By Companies
BESMAK, RAAGEN, Danachrist Teknindo, Shanghai Hualong Test Instruments Corporation, Sendig Enterprise, BESMAK
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Elastomeric Bearing Testing Machines Market Report Segments:
The global Elastomeric Bearing Testing Machines market is segmented on the basis of:
Types
Electric, Hydraulic, 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
Highway, Railway, Bridge, Building, 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:
- BESMAK
- RAAGEN
- Danachrist Teknindo
- Shanghai Hualong Test Instruments Corporation
- Sendig Enterprise
- BESMAK
Highlights of The Elastomeric Bearing Testing Machines 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:
- Electric
- Hydraulic
- Other
- By Application:
- Highway
- Railway
- Bridge
- Building
- 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 Elastomeric Bearing Testing Machines 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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- 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?
Elastomeric bearing testing machines are used to measure the life expectancy and performance of elastomeric bearings. These machines use a variety of techniques, including load and displacement tests, to determine how well the bearings are performing.
Some of the major companies in the elastomeric bearing testing machines market are BESMAK, RAAGEN, Danachrist Teknindo, Shanghai Hualong Test Instruments Corporation, Sendig Enterprise, BESMAK.
The elastomeric bearing testing machines 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 Elastomeric Bearing Testing Machines 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 Elastomeric Bearing Testing Machines Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Elastomeric Bearing Testing Machines 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 Elastomeric Bearing Testing Machines 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 Elastomeric Bearing Testing Machines Market Size & Forecast, 2018-2028 4.5.1 Elastomeric Bearing Testing Machines Market Size and Y-o-Y Growth 4.5.2 Elastomeric Bearing Testing Machines Market Absolute $ Opportunity
Chapter 5 Global Elastomeric Bearing Testing Machines 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 Elastomeric Bearing Testing Machines Market Size Forecast by Type
5.2.1 Electric
5.2.2 Hydraulic
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Elastomeric Bearing Testing Machines 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 Elastomeric Bearing Testing Machines Market Size Forecast by Applications
6.2.1 Highway
6.2.2 Railway
6.2.3 Bridge
6.2.4 Building
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Elastomeric Bearing Testing Machines 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 Elastomeric Bearing Testing Machines 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 Elastomeric Bearing Testing Machines Analysis and Forecast
9.1 Introduction
9.2 North America Elastomeric Bearing Testing Machines 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 Elastomeric Bearing Testing Machines Market Size Forecast by Type
9.6.1 Electric
9.6.2 Hydraulic
9.6.3 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 Elastomeric Bearing Testing Machines Market Size Forecast by Applications
9.10.1 Highway
9.10.2 Railway
9.10.3 Bridge
9.10.4 Building
9.10.5 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 Elastomeric Bearing Testing Machines Analysis and Forecast
10.1 Introduction
10.2 Europe Elastomeric Bearing Testing Machines 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 Elastomeric Bearing Testing Machines Market Size Forecast by Type
10.6.1 Electric
10.6.2 Hydraulic
10.6.3 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 Elastomeric Bearing Testing Machines Market Size Forecast by Applications
10.10.1 Highway
10.10.2 Railway
10.10.3 Bridge
10.10.4 Building
10.10.5 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 Elastomeric Bearing Testing Machines Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Elastomeric Bearing Testing Machines 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 Elastomeric Bearing Testing Machines Market Size Forecast by Type
11.6.1 Electric
11.6.2 Hydraulic
11.6.3 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 Elastomeric Bearing Testing Machines Market Size Forecast by Applications
11.10.1 Highway
11.10.2 Railway
11.10.3 Bridge
11.10.4 Building
11.10.5 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 Elastomeric Bearing Testing Machines Analysis and Forecast
12.1 Introduction
12.2 Latin America Elastomeric Bearing Testing Machines 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 Elastomeric Bearing Testing Machines Market Size Forecast by Type
12.6.1 Electric
12.6.2 Hydraulic
12.6.3 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 Elastomeric Bearing Testing Machines Market Size Forecast by Applications
12.10.1 Highway
12.10.2 Railway
12.10.3 Bridge
12.10.4 Building
12.10.5 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) Elastomeric Bearing Testing Machines Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Elastomeric Bearing Testing Machines 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) Elastomeric Bearing Testing Machines Market Size Forecast by Type
13.6.1 Electric
13.6.2 Hydraulic
13.6.3 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) Elastomeric Bearing Testing Machines Market Size Forecast by Applications
13.10.1 Highway
13.10.2 Railway
13.10.3 Bridge
13.10.4 Building
13.10.5 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 Elastomeric Bearing Testing Machines Market: Competitive Dashboard
14.2 Global Elastomeric Bearing Testing Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BESMAK
14.3.2 RAAGEN
14.3.3 Danachrist Teknindo
14.3.4 Shanghai Hualong Test Instruments Corporation
14.3.5 Sendig Enterprise
14.3.6 BESMAK