Market Overview:
The global pendulum testers 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 steel and mechanical equipment across the globe. Additionally, the growing awareness about safety and quality standards is also propelling the growth of this market. On the basis of type, the global pendulum testers market can be segmented into electromotion and manual pendulum testers. The electromotion segment is expected to grow at a higher CAGR than that of manual pendulum testers during the forecast period from 2018 to 2030. This can be attributed to its advantages such as accuracy, reliability, repeatability, etc., over manual pendulum testers.
Product Definition:
Pendulum testers are used to measure the angle of a material with respect to gravity. The importance of pendulum testers is that they provide a quick and easy way to measure the angle of a material, which can then be used to determine its physical properties.
Electromotion:
Electromotion is a technology that generates motion in a device without any physical contact. It works on the principle of electromagnetic induction by using an electric current. The most commonly used devices for this technique are gyroscopes, accelerometers and compasses.
The global market size was valued at USD 0.5 billion in 2015.
Manual:
The manual is a user-friendly device used to set the desired weight and speed of the pendulum. It is also used to adjust other parameters such as length, spring tension, and wire coil weight. The manual for pendulum testers consists of a handle connected by a long cable to an electronic balance or beam scale.
Application Insights:
Mechanical equipment application segment led the global pendulum testers market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for high precision mechanical equipment in various industries including automotive, aerospace and defense, etc. Mechanical equipment includes different components such as engines, turbines, compressors air handling units (AHUs), etc., each of which requires precision testing for quality control purposes. Pendulum testers are used for measuring errors caused by inaccuracies in measurement or other factors like vibrations or shock during manufacturing process validation or maintenance procedures at regular intervals.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of manufacturers, which makes it an attractive regional market for Pendulum Testers. China, Japan, Taiwan and Korea are some of the prominent markets in this region. Asia Pacific is also home to several emerging economies with developing manufacturing sectors such as India, Indonesia and Malaysia among others.
Growth Factors:
- Increasing demand from end-use industries: The global pendulum testers market is witnessing a significant growth due to the increasing demand from end-use industries, such as automotive, aerospace & defense, and electrical & electronics.
- Growing popularity of smart technologies: The growing popularity of smart technologies is another key factor driving the growth of the global pendulum testers market. Smart technologies are being increasingly adopted in various industrial applications owing to their advantages such as improved accuracy and efficiency.
- Rising investments in R&D: The rising investments in R&D by leading players operating in the global pendulum testers market is another major factor propelling its growth. This is aimed at developing innovative products that can cater to the changing needs of consumers.
- Technological advancements: Technological advancements are also aiding the growth of the global pendulum testers market as they help manufacturers offer better quality products with enhanced features and functionality at competitive prices.. This is resulting in an increase in adoption among consumers across different regions worldwide.. 5) Growing awareness about safety standards: There has been a growing awareness about safety standards among consumers across different regions worldwide which is fueling demand for Pendulum Testers products globally
Scope Of The Report
Report Attributes
Report Details
Report Title
Pendulum Testers Market Research Report
By Type
Electromotion, Manual
By Application
Steel, Mechanical Equipment, Others
By Companies
Instron, Munro Instruments, Zwick Roell Group, Hoytom S.L., Shinko Engineering Co., Ltd., WPM LEIPZIG, GALDABINI, Testing Machines，Inc, MATEST, Proceq, Cooper Research Technology, Face Consultans, UTSET, Tinius Olsen, Test Equipment Depot, ELE International
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Pendulum Testers Market Report Segments:
The global Pendulum Testers market is segmented on the basis of:
Types
Electromotion, Manual
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
Steel, Mechanical Equipment, Others
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:
- Instron
- Munro Instruments
- Zwick Roell Group
- Hoytom S.L.
- Shinko Engineering Co., Ltd.
- WPM LEIPZIG
- GALDABINI
- Testing Machines，Inc
- MATEST
- Proceq
- Cooper Research Technology
- Face Consultans
- UTSET
- Tinius Olsen
- Test Equipment Depot
- ELE International
Highlights of The Pendulum Testers 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:
- Electromotion
- Manual
- By Application:
- Steel
- Mechanical Equipment
- Others
- 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 Pendulum Testers 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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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?
Pendulum testers are devices that can be used to measure the swing of a pendulum. Pendulums can be used for a variety of purposes, including measuring the speed and direction of movement, detecting changes in weight or momentum, and determining the position or orientation of an object.
Some of the key players operating in the pendulum testers market are Instron, Munro Instruments, Zwick Roell Group, Hoytom S.L., Shinko Engineering Co., Ltd., WPM LEIPZIG, GALDABINI, Testing Machines，Inc, MATEST, Proceq, Cooper Research Technology, Face Consultans, UTSET, Tinius Olsen, Test Equipment Depot, ELE International.
The pendulum testers 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 Pendulum Testers 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 Pendulum Testers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pendulum Testers 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 Pendulum Testers 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 Pendulum Testers Market Size & Forecast, 2020-2028
4.5.1 Pendulum Testers Market Size and Y-o-Y Growth
4.5.2 Pendulum Testers 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 Electromotion
5.2.2 Manual
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 Steel
6.2.2 Mechanical Equipment
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pendulum Testers 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 Pendulum Testers 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 Electromotion
9.6.2 Manual
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 Steel
9.10.2 Mechanical Equipment
9.10.3 Others
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 Electromotion
10.6.2 Manual
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 Steel
10.10.2 Mechanical Equipment
10.10.3 Others
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 Electromotion
11.6.2 Manual
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 Steel
11.10.2 Mechanical Equipment
11.10.3 Others
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 Electromotion
12.6.2 Manual
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 Steel
12.10.2 Mechanical Equipment
12.10.3 Others
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 Electromotion
13.6.2 Manual
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 Steel
13.10.2 Mechanical Equipment
13.10.3 Others
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 Pendulum Testers Market: Competitive Dashboard
14.2 Global Pendulum Testers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Instron
14.3.2 Munro Instruments
14.3.3 Zwick Roell Group
14.3.4 Hoytom S.L.
14.3.5 Shinko Engineering Co., Ltd.
14.3.6 WPM LEIPZIG
14.3.7 GALDABINI
14.3.8 Testing Machines，Inc
14.3.9 MATEST
14.3.10 Proceq
14.3.11 Cooper Research Technology
14.3.12 Face Consultans
14.3.13 UTSET
14.3.14 Tinius Olsen
14.3.15 Test Equipment Depot
14.3.16 ELE International
