Market Overview:
The global electroforce mechanical test instruments 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 electroforce mechanical test instruments in scientific and education applications, and industrial applications. Electroforce mechanical test instruments are used for various purposes such as load frame systems, TestBench and planar biaxial test instruments, cardiovascular test instruments, tissue engineering Instruments, dynamic mechanical analyzers etc. North America is expected to hold the largest share of the global electroforce Mechanical Test Instruments Market in terms of revenue by 2030 owing to technological advancements in this region coupled with rising demand from end-use industries such as automotive and aerospace.
Product Definition:
ElectroForce Mechanical Test Instruments are used to measure the performance of materials and components under static or cyclic loading. The importance of ElectroForce Mechanical Test Instruments is that they allow for the characterization of a material's strength, stiffness, and failure modes.
Load Frame Systems:
The global load frame systems market size was valued at USD 5.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for automation in manufacturing processes, owing to the need for high precision and quality, is one of the key factors driving growth.
Moreover, rising demand from end-use industries such as automotive & transportation.
TestBench and Planar Biaxial Test Instruments:
TestBench is a tool that allows the user to design and analyze test methods for mechanical testing of materials, components or systems. It also helps in designing and analyzing test methods for characterization of materials, components or systems under conditions that are not available in the lab. TestBench has been developed by researchers at North Carolina State University (NCSU) as an extension to their software package called ElectroForce which is used for electrical impedance analysis using electric field techniques.
Application Insights:
The scientific and education application segment led the market in 2017. This is attributed to the rising number of research activities in this field. For instance, according to a study published by NCBI, it has been estimated that around 40% of biomedical research is conducted using cells, tissues and animals. The use of mechanical testing devices for testing biological tissue samples is one of the major reasons for their increasing usage in educational institutions and laboratories across the globe.
Electroforce mechanical test instruments are used extensively in industrial applications as they provide an efficient way to test various components such as motors/actuators; sensors; electronic circuits; batteries & power banks; hydraulic systems & actuators etc., Furthermore, these devices help determine electrical properties such as capacitance or resistance which are hard to measure with other conventional methods due to their small size or bulkiness respectively. These factors contribute towards industry growth at a significant rate during future periodicals.
Regional Analysis:
North America accounted for the largest share in 2017 owing to the presence of major market players such as Bioforce, Inc.; CX-3 Corporation; and LEO Pharma S.A. The region is expected to maintain its dominance over the forecast period due to increasing R&D investments by various pharmaceutical and biotechnology companies coupled with rising healthcare spending in U.S., which is one of the major factors responsible for maintaining its position as a global economic force during this period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to increasing government initiatives pertaining medical device manufacturing in countries such as China, India, South Korea, Taiwan & Japan (collectively referred to as APAC).
Growth Factors:
- Increasing demand for ElectroForce Mechanical Test Instruments from the automotive and aerospace industries due to the growing need for quality control and product reliability.
- The increasing popularity of ElectroForce Mechanical Test Instruments in research and development laboratories as they help in accelerating product development cycles.
- Growing demand for ElectroForce Mechanical Test Instruments from small-and medium-sized enterprises (SMEs) due to the rising awareness about their benefits among these businesses segments.
- The increasing use of ElectroForce Mechanical Test Instruments in quality assurance applications across a wide range of industries, which is resulting in higher adoption rates among manufacturing companies worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
ElectroForce Mechanical Test Instruments Market Research Report
By Type
Load Frame Systems, TestBench and Planar Biaxial Test Instruments, Cardiovascular Test Instruments, Tissue Engineering Instruments, Dynamic Mechanical Analyzers
By Application
Scientific and Education, Industrial Application
By Companies
TA Instruments, Bruker, Wagner Instruments, Bose, TA Instruments
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
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global ElectroForce Mechanical Test Instruments Market Report Segments:
The global ElectroForce Mechanical Test Instruments market is segmented on the basis of:
Types
Load Frame Systems, TestBench and Planar Biaxial Test Instruments, Cardiovascular Test Instruments, Tissue Engineering Instruments, Dynamic Mechanical Analyzers
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
Scientific and Education, Industrial Application
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:
- TA Instruments
- Bruker
- Wagner Instruments
- Bose
- TA Instruments
Highlights of The ElectroForce Mechanical Test Instruments 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:
- Load Frame Systems
- TestBench and Planar Biaxial Test Instruments
- Cardiovascular Test Instruments
- Tissue Engineering Instruments
- Dynamic Mechanical Analyzers
- By Application:
- Scientific and Education
- Industrial Application
- 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 ElectroForce Mechanical Test Instruments 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?
ElectroForce Mechanical Test Instruments is a company that manufactures and sells mechanical test instruments. These instruments are used to measure the performance of various mechanical components, such as gears, bearings, springs, and screws.
Some of the major companies in the electroforce mechanical test instruments market are TA Instruments, Bruker, Wagner Instruments, Bose, TA Instruments.
The electroforce mechanical test instruments 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 ElectroForce Mechanical Test Instruments 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 ElectroForce Mechanical Test Instruments Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 ElectroForce Mechanical Test Instruments 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 ElectroForce Mechanical Test Instruments 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 ElectroForce Mechanical Test Instruments Market Size & Forecast, 2018-2028
4.5.1 ElectroForce Mechanical Test Instruments Market Size and Y-o-Y Growth
4.5.2 ElectroForce Mechanical Test Instruments Market Absolute $ Opportunity
Chapter 5 Global ElectroForce Mechanical Test Instruments 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 ElectroForce Mechanical Test Instruments Market Size Forecast by Type
5.2.1 Load Frame Systems
5.2.2 TestBench and Planar Biaxial Test Instruments
5.2.3 Cardiovascular Test Instruments
5.2.4 Tissue Engineering Instruments
5.2.5 Dynamic Mechanical Analyzers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global ElectroForce Mechanical Test Instruments 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 ElectroForce Mechanical Test Instruments Market Size Forecast by Applications
6.2.1 Scientific and Education
6.2.2 Industrial Application
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global ElectroForce Mechanical Test Instruments 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 ElectroForce Mechanical Test Instruments 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 ElectroForce Mechanical Test Instruments Analysis and Forecast
9.1 Introduction
9.2 North America ElectroForce Mechanical Test Instruments 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 ElectroForce Mechanical Test Instruments Market Size Forecast by Type
9.6.1 Load Frame Systems
9.6.2 TestBench and Planar Biaxial Test Instruments
9.6.3 Cardiovascular Test Instruments
9.6.4 Tissue Engineering Instruments
9.6.5 Dynamic Mechanical Analyzers
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 ElectroForce Mechanical Test Instruments Market Size Forecast by Applications
9.10.1 Scientific and Education
9.10.2 Industrial Application
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 ElectroForce Mechanical Test Instruments Analysis and Forecast
10.1 Introduction
10.2 Europe ElectroForce Mechanical Test Instruments 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 ElectroForce Mechanical Test Instruments Market Size Forecast by Type
10.6.1 Load Frame Systems
10.6.2 TestBench and Planar Biaxial Test Instruments
10.6.3 Cardiovascular Test Instruments
10.6.4 Tissue Engineering Instruments
10.6.5 Dynamic Mechanical Analyzers
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 ElectroForce Mechanical Test Instruments Market Size Forecast by Applications
10.10.1 Scientific and Education
10.10.2 Industrial Application
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 ElectroForce Mechanical Test Instruments Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific ElectroForce Mechanical Test Instruments 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 ElectroForce Mechanical Test Instruments Market Size Forecast by Type
11.6.1 Load Frame Systems
11.6.2 TestBench and Planar Biaxial Test Instruments
11.6.3 Cardiovascular Test Instruments
11.6.4 Tissue Engineering Instruments
11.6.5 Dynamic Mechanical Analyzers
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 ElectroForce Mechanical Test Instruments Market Size Forecast by Applications
11.10.1 Scientific and Education
11.10.2 Industrial Application
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 ElectroForce Mechanical Test Instruments Analysis and Forecast
12.1 Introduction
12.2 Latin America ElectroForce Mechanical Test Instruments 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 ElectroForce Mechanical Test Instruments Market Size Forecast by Type
12.6.1 Load Frame Systems
12.6.2 TestBench and Planar Biaxial Test Instruments
12.6.3 Cardiovascular Test Instruments
12.6.4 Tissue Engineering Instruments
12.6.5 Dynamic Mechanical Analyzers
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 ElectroForce Mechanical Test Instruments Market Size Forecast by Applications
12.10.1 Scientific and Education
12.10.2 Industrial Application
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) ElectroForce Mechanical Test Instruments Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) ElectroForce Mechanical Test Instruments 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) ElectroForce Mechanical Test Instruments Market Size Forecast by Type
13.6.1 Load Frame Systems
13.6.2 TestBench and Planar Biaxial Test Instruments
13.6.3 Cardiovascular Test Instruments
13.6.4 Tissue Engineering Instruments
13.6.5 Dynamic Mechanical Analyzers
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) ElectroForce Mechanical Test Instruments Market Size Forecast by Applications
13.10.1 Scientific and Education
13.10.2 Industrial Application
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 ElectroForce Mechanical Test Instruments Market: Competitive Dashboard
14.2 Global ElectroForce Mechanical Test Instruments Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TA Instruments
14.3.2 Bruker
14.3.3 Wagner Instruments
14.3.4 Bose
14.3.5 TA Instruments
