Market Overview:
The global material 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 advanced and reliable material testing machines from various end-use industries, such as chemical, automotive, medical, electronics and others. In addition, the growing awareness about quality control and safety measures is also propelling the demand for material testing machines across the globe. Based on type, the global material testing machines market can be segmented into single column test machines and twin column test machines. The single column test machine segment is expected to account for a larger share of the global market in terms of revenue during 2018-2030 owing to its low cost and easy installation as compared to twin column test machines.
Product Definition:
Material testing machines are the devices used to test the physical and mechanical properties of materials. The importance of material testing machines is that it allows us to determine the strength, durability, and other properties of a material so that we can select the best one for our application.
Single Column Test Machines:
Single column test machines are used for testing the strength of materials in compression, tension and shear. The machine is designed to perform tests under controlled conditions which include loading and unloading of specimens by means of automated mechanisms. These machines provide accurate results with high repeatability & reproducibility due to their design simplicity coupled with minimum intervention from operators during testing operations.
Twin Column Test Machines:
The twin column test machines are used to measure the strength of materials under high pressure and temperature conditions. It is a widely accepted method for testing the mechanical properties of materials such as metals, ceramics, polymers & composites. The material being tested is placed between two columns which are provided with elevated platforms at their bases. These columns carry out compressive forces on specimen during testing and provide results in terms of peak force or pounds per square inch (PSI) readings.
Application Insights:
The market is segmented on the basis of application into chemical industry, automotive industry, medical industry, electronics industry and other applications. The chemical application dominated the overall market in terms of revenue share at over 40% in 2017. This growth can be attributed to extensive use as material testing machines for screening materials for purity and identity across various industries such as pharmaceuticals, chemicals & petrochemicals and food & beverages.
The medical equipment segment is expected to witness significant growth during the forecast period owing to increasing demand from countries such as India and China where there has been a tremendous increase in healthcare spending due to factors such as population expansion along with technological advancements that have led to an increased need for advanced healthcare services which has subsequently resulted in an increased demand for high-quality products which are used by doctors or technicians while diagnosing diseases or when treating patients thereby driving product demand across this sector globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to maintain its position over the forecast period. The growth of this region can be attributed to rising demand for material testing machines from various end-use industries such as chemical, automotive, medical, and electronics. In addition, increasing investments by governments in developing countries are anticipated to fuel product demand in Asia Pacific.
The market for global material testing machines is expected to witness significant growth over the forecast period owing to rapid industrialization coupled with growing population across emerging economies such as India and China. These factors are likely drive product demand from 2018 to 2030 in Asia Pacific region.
Growth Factors:
- Increasing demand for quality control and assurance in manufacturing industries
- Rapid growth of the automotive industry
- Growing demand for lightweight materials in aerospace and defense sectors
- Rising popularity of composites and advanced materials in construction industry
- Proliferation of nanotechnology and development of new material testing methods
Scope Of The Report
Report Attributes
Report Details
Report Title
Material Testing Machines Market Research Report
By Type
Single Column Test Machines, Twin Column Test Machines
By Application
Chemical Industry, Automotive Industry, Medical Industry, Electronics Industry, Other
By Companies
Bose, Echo Lab, Instron, LBG srl, Mecmesin, SANTAM, Think PC PROGETTI, Tinius Olsen, Zwick, Wille Geotechnik
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
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Material Testing Machines Market Report Segments:
The global Material Testing Machines market is segmented on the basis of:
Types
Single Column Test Machines, Twin Column Test Machines
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
Chemical Industry, Automotive Industry, Medical Industry, Electronics 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:
- Bose
- Echo Lab
- Instron
- LBG srl
- Mecmesin
- SANTAM
- Think PC PROGETTI
- Tinius Olsen
- Zwick
- Wille Geotechnik
Highlights of The Material 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:
- Single Column Test Machines
- Twin Column Test Machines
- By Application:
- Chemical Industry
- Automotive Industry
- Medical Industry
- Electronics 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 Material 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
- 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?
Material testing machines are used to test the strength, durability and other properties of materials. They can be used to measure the impact force, compression force and shear force of materials.
Some of the major players in the material testing machines market are Bose, Echo Lab, Instron, LBG srl, Mecmesin, SANTAM, Think PC PROGETTI, Tinius Olsen, Zwick, Wille Geotechnik.
The material testing machines 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 Material 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 Material Testing Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Material 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 Material 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 Material Testing Machines Market Size & Forecast, 2020-2028
4.5.1 Material Testing Machines Market Size and Y-o-Y Growth
4.5.2 Material Testing Machines 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 Single Column Test Machines
5.2.2 Twin Column Test Machines
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 Chemical Industry
6.2.2 Automotive Industry
6.2.3 Medical Industry
6.2.4 Electronics Industry
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Material 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 Material 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 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 Single Column Test Machines
9.6.2 Twin Column Test Machines
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 Chemical Industry
9.10.2 Automotive Industry
9.10.3 Medical Industry
9.10.4 Electronics Industry
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 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 Single Column Test Machines
10.6.2 Twin Column Test Machines
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 Chemical Industry
10.10.2 Automotive Industry
10.10.3 Medical Industry
10.10.4 Electronics Industry
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 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 Single Column Test Machines
11.6.2 Twin Column Test Machines
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 Chemical Industry
11.10.2 Automotive Industry
11.10.3 Medical Industry
11.10.4 Electronics Industry
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 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 Single Column Test Machines
12.6.2 Twin Column Test Machines
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 Chemical Industry
12.10.2 Automotive Industry
12.10.3 Medical Industry
12.10.4 Electronics Industry
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) 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 Single Column Test Machines
13.6.2 Twin Column Test Machines
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 Chemical Industry
13.10.2 Automotive Industry
13.10.3 Medical Industry
13.10.4 Electronics Industry
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 Material Testing Machines Market: Competitive Dashboard
14.2 Global Material Testing Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bose
14.3.2 Echo Lab
14.3.3 Instron
14.3.4 LBG srl
14.3.5 Mecmesin
14.3.6 SANTAM
14.3.7 Think PC PROGETTI
14.3.8 Tinius Olsen
14.3.9 Zwick
14.3.10 Wille Geotechnik
