Market Overview:
The global joint tester market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for joint testers in various applications such as mechanical seal style joint testers, gas and refinery joint testing and volatile gas isolation, flange testing, utility and transmission line testing, force and gravity mains testing, well testing and injection, oil and gas fishing and packingtesting. Moreover, the growing demand for remote install joint testers is also contributing to the growth of the global Joint Tester Market.
Product Definition:
A Joint Tester is a device which is used to test the condition of a joint, most commonly in the ankle. It is important to use a Joint Tester as it can help to identify issues with the joint before they become more serious and require surgery.
Split Style Joint Testers:
The global split style joint testers market is expected to witness significant growth over the forecast period. The major factor that can be attributed to this growth is due to an increase in demand for non-invasive medical procedures along with technological advancements such as wireless split style joint testers and portable devices.
In addition, a rise in the geriatric population base which are more prone towards age-related disorders such as arthritis, osteoporosis.
Articulating Joint Testers:
Articulating joint testers are used to measure the angles of joints in various body parts. They are also used for testing the range of motion in a particular joint. These testers can be handheld or table-top devices that help measure angles and provide feedback about them through audio and visual signals.
The global articulating joint testers.
Application Insights:
The mechanical seal style joint testers segment dominated the global market in terms of revenue share in 2017. This is attributed to a large number of oil and gas exploration activities across the globe. The utility and transmission line testing segment is expected to witness lucrative growth over the forecast period owing to an increase in demand for energy resources, such as wind and solar power, across various regions.
The Latin America region accounted for a significant share on account of increasing investments from public-private partnerships (PPP) projects coupled with government initiatives that promote infrastructure development across several sectors including transportation & energy. Furthermore, PPPs are being carried out within the region due to favorable government policies that support international investors while promoting economic development through infrastructure development at domestic levels thus driving demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for joint testers from various application areas, such as chemical, petrochemical, power generation and others. In addition, rising investments by foreign companies are anticipated to boost product penetration in this region. For instance, Halliburton has invested USD X million for building a manufacturing facility of hydraulic fracturing equipment in India with an aim toward strengthening its position as a leading player across the globe.
The Middle East & Africa is projected to grow at a significant rate during the forecast period owing to increasing exploration activities coupled with growing oil production capacity within countries like Saudi Arabia and UAE (energy-related). Moreover, several upcoming projects are estimated to drive regional growth further including Qatar 2022 FIFA World Cup construction project; King Abdullah Economic City development project; Abu Dhabi Metro expansion project; Kuwait Metro Line 1 & 2 extension Project etc.
Growth Factors:
- Increasing demand for quality products: The Joint Tester market is growing due to the increasing demand for quality products by consumers. This is because of the increase in awareness about the benefits of using quality products.
- Technological advancements: The Joint Tester market is growing due to the technological advancements that are taking place in this sector. This is because of the introduction of new and innovative technologies that are making it easier to test joints and other components accurately and quickly.
- Rising disposable income: The Joint Tester market is growing due to rising disposable incomes among consumers across the globe. This has led to an increase in spending on quality products, including joint testers, thereby driving growth in this market segment.
Scope Of The Report
Report Attributes
Report Details
Report Title
Joint Tester Market Research Report
By Type
Split Style Joint Testers, Articulating Joint Testers, Reducing Style Joint Testers, Remote Install Joint Testers, Mechanical Seal Style Joint Testers
By Application
Mechanical Seal Style Joint Testers, Gas and refinery joint testing and volatile gas isolation, Flange testing, Utility and transmission line testing, Force and gravity mains testing, Well testing and injection, Oil and gas fishing and packing testing
By Companies
Petersen Products Company, HangingH Co., Telleborg, Freudenberg, CIRCOR International, Inc., DWT Pipe Tools, Thompson Pipe Group, vpgroundforce, International Equipments
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
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Joint Tester Market Report Segments:
The global Joint Tester market is segmented on the basis of:
Types
Split Style Joint Testers, Articulating Joint Testers, Reducing Style Joint Testers, Remote Install Joint Testers, Mechanical Seal Style Joint Testers
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
Mechanical Seal Style Joint Testers, Gas and refinery joint testing and volatile gas isolation, Flange testing, Utility and transmission line testing, Force and gravity mains testing, Well testing and injection, Oil and gas fishing and packing testing
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:
- Petersen Products Company
- HangingH Co.
- Telleborg
- Freudenberg
- CIRCOR International, Inc.
- DWT Pipe Tools
- Thompson Pipe Group
- vpgroundforce
- International Equipments
Highlights of The Joint Tester 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:
- Split Style Joint Testers
- Articulating Joint Testers
- Reducing Style Joint Testers
- Remote Install Joint Testers
- Mechanical Seal Style Joint Testers
- By Application:
- Mechanical Seal Style Joint Testers
- Gas and refinery joint testing and volatile gas isolation
- Flange testing
- Utility and transmission line testing
- Force and gravity mains testing
- Well testing and injection
- Oil and gas fishing and packing testing
- 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 Joint Tester 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
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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 joint tester is a device that can be used to test the strength of materials in pairs or groups. It uses the weight of two people to measure how much force is needed to break the material.
Some of the major companies in the joint tester market are Petersen Products Company, HangingH Co., Telleborg, Freudenberg, CIRCOR International, Inc., DWT Pipe Tools, Thompson Pipe Group, vpgroundforce, International Equipments.
The joint tester 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 Joint Tester 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 Joint Tester Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Joint Tester 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 Joint Tester 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 Joint Tester Market Size & Forecast, 2020-2028
4.5.1 Joint Tester Market Size and Y-o-Y Growth
4.5.2 Joint Tester 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 Split Style Joint Testers
5.2.2 Articulating Joint Testers
5.2.3 Reducing Style Joint Testers
5.2.4 Remote Install Joint Testers
5.2.5 Mechanical Seal Style Joint Testers
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 Mechanical Seal Style Joint Testers
6.2.2 Gas and refinery joint testing and volatile gas isolation
6.2.3 Flange testing
6.2.4 Utility and transmission line testing
6.2.5 Force and gravity mains testing
6.2.6 Well testing and injection
6.2.7 Oil and gas fishing and packing testing
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Joint Tester 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 Joint Tester 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 Split Style Joint Testers
9.6.2 Articulating Joint Testers
9.6.3 Reducing Style Joint Testers
9.6.4 Remote Install Joint Testers
9.6.5 Mechanical Seal Style Joint Testers
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 Mechanical Seal Style Joint Testers
9.10.2 Gas and refinery joint testing and volatile gas isolation
9.10.3 Flange testing
9.10.4 Utility and transmission line testing
9.10.5 Force and gravity mains testing
9.10.6 Well testing and injection
9.10.7 Oil and gas fishing and packing testing
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 Split Style Joint Testers
10.6.2 Articulating Joint Testers
10.6.3 Reducing Style Joint Testers
10.6.4 Remote Install Joint Testers
10.6.5 Mechanical Seal Style Joint Testers
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 Mechanical Seal Style Joint Testers
10.10.2 Gas and refinery joint testing and volatile gas isolation
10.10.3 Flange testing
10.10.4 Utility and transmission line testing
10.10.5 Force and gravity mains testing
10.10.6 Well testing and injection
10.10.7 Oil and gas fishing and packing testing
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 Split Style Joint Testers
11.6.2 Articulating Joint Testers
11.6.3 Reducing Style Joint Testers
11.6.4 Remote Install Joint Testers
11.6.5 Mechanical Seal Style Joint Testers
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 Mechanical Seal Style Joint Testers
11.10.2 Gas and refinery joint testing and volatile gas isolation
11.10.3 Flange testing
11.10.4 Utility and transmission line testing
11.10.5 Force and gravity mains testing
11.10.6 Well testing and injection
11.10.7 Oil and gas fishing and packing testing
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 Split Style Joint Testers
12.6.2 Articulating Joint Testers
12.6.3 Reducing Style Joint Testers
12.6.4 Remote Install Joint Testers
12.6.5 Mechanical Seal Style Joint Testers
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 Mechanical Seal Style Joint Testers
12.10.2 Gas and refinery joint testing and volatile gas isolation
12.10.3 Flange testing
12.10.4 Utility and transmission line testing
12.10.5 Force and gravity mains testing
12.10.6 Well testing and injection
12.10.7 Oil and gas fishing and packing testing
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 Split Style Joint Testers
13.6.2 Articulating Joint Testers
13.6.3 Reducing Style Joint Testers
13.6.4 Remote Install Joint Testers
13.6.5 Mechanical Seal Style Joint Testers
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 Mechanical Seal Style Joint Testers
13.10.2 Gas and refinery joint testing and volatile gas isolation
13.10.3 Flange testing
13.10.4 Utility and transmission line testing
13.10.5 Force and gravity mains testing
13.10.6 Well testing and injection
13.10.7 Oil and gas fishing and packing testing
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 Joint Tester Market: Competitive Dashboard
14.2 Global Joint Tester Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Petersen Products Company
14.3.2 HangingH Co.
14.3.3 Telleborg
14.3.4 Freudenberg
14.3.5 CIRCOR International, Inc.
14.3.6 DWT Pipe Tools
14.3.7 Thompson Pipe Group
14.3.8 vpgroundforce
14.3.9 International Equipments
