Market Overview:
The global shock 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 shock testing machines from various end-use industries, such as missiles, munitions, guided rockets, guided projectiles, and guided firearms. In addition, the growing demand for these machines from emerging economies is also contributing to the growth of this market. On the basis of type, the global shock testing machines market can be segmented into missiles, munitions, guided rockets,guided projectiles,, and others (such as bombs and grenades). Of these segments,, missiles held a major share in 2017 and is expected to maintain its dominance duringthe forecast period. This segment is projectedto grow at a CAGRof 6%duringthe forecastperiod owingtoits increasing usein defenceand aerospace applications across different regions worldwide. On themaritime front,.
Product Definition:
Shock Testing Machines are used to test the durability of a product by exposing it to a sudden impact. This is done in order to ensure that the product can withstand any potential shocks or drops that may occur during its normal use. The importance of Shock Testing Machines is that they help businesses ensure the quality and durability of their products.
Missiles:
A missiles is a device that is used to deliver an explosive or non-explosive payload by air, on land, or underwater. It is also known as ballistic missile (ballistic being the English word for “missile”)or cruise missile. Cruise missiles are long-range weapons; they are designed to fly over the target and hit it.
Munitions:
Munitions is a non-competitive solution that enables the easy and accurate measurement of time. It does not alter or affect test results in any way. Munitions is used as an aid to improve accuracy when timing events occurs at regular intervals, for example, blood flow through a vascular system.
The demand for munition's in shock testing machines market is driven by factors such as increasing need for high precision machine tools with improved quality.
Application Insights:
The land application segment led the global shock testing machines market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The need for stringent quality control before the actual launch of a product into military operations is expected to be one of the key factors driving growth over the coming years.
Munitions are tested with respect to their dimensional accuracy and functionalities such as guidance system, explosive power and launching speed before being deployed in operational battlefields or sold commercially on international markets. These types of tests are carried out at various levels including national level by different agencies responsible for regulating firearms & ammunition across all major regions globally.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The U.S., being a major military power, is expected to continue investing heavily in defense equipment and systems over the forecast period. This is likely to boost demand for SHTMs over the next eight years.
Asia Pacific is anticipated to witness significant growth from 2018 to 2030 owing to increasing tensions between nuclear-armed nations such as India and Pakistan, growing Chinese military spending, expanding operations by China's People's Liberation Army (PLA) across its western border with India, and rising geopolitical rivalry between China and Japan over disputed islands called Senkaku/Diaoyu by Beijing; respectively; and Diaoyutai/Gomantongby Tokyo). These are some of the factors that can be attributed towards projected SHTMs market growth during this period.
Growth Factors:
- Increasing demand for shock testing machines from the automotive industry to ensure safety and durability of vehicles.
- Growing demand for shock testing machines from the aerospace industry to test aircraft components for resistance to shocks and vibrations.
- Rising popularity of lightweight materials in manufacturing industries, which is driving the need for more efficient shock testing machines.
- Increasing number of research and development activities in various industries, which is leading to the development of new and innovative products that require rigorous shock testing.
- Technological advancements in shock testing machines that are making them more efficient and user-friendly
Scope Of The Report
Report Attributes
Report Details
Report Title
Shock Testing Machines Market Research Report
By Type
Missiles, Munitions, Guided Rockets, Guided Projectiles, Guided Firearms, Others
By Application
Land, Maritime, Airborne
By Companies
Lockheed Martin Corporation (US), Raytheon Technologies Corporation (US), BAE Systems, PLC (UK), The Boeing Company (US), L-3 Communications Holdings, Inc. (US), MBDA, Inc. (France), General Dynamics Corporation (US), Orbital ATK (US), Thales Group (France), Textron Inc. (US), Rheinmetall Ag (Germany)
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
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Shock Testing Machines Market Report Segments:
The global Shock Testing Machines market is segmented on the basis of:
Types
Missiles, Munitions, Guided Rockets, Guided Projectiles, Guided Firearms, Others
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
Land, Maritime, Airborne
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:
- Lockheed Martin Corporation (US)
- Raytheon Technologies Corporation (US)
- BAE Systems, PLC (UK)
- The Boeing Company (US)
- L-3 Communications Holdings, Inc. (US)
- MBDA, Inc. (France)
- General Dynamics Corporation (US)
- Orbital ATK (US)
- Thales Group (France)
- Textron Inc. (US)
- Rheinmetall Ag (Germany)
Highlights of The Shock 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:
- Missiles
- Munitions
- Guided Rockets
- Guided Projectiles
- Guided Firearms
- Others
- By Application:
- Land
- Maritime
- Airborne
- 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 Shock 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.
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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?
Shock testing machines are used to simulate the shock of an impact or explosion. They can be used to test products for safety, durability, and performance.
Some of the key players operating in the shock testing machines market are Lockheed Martin Corporation (US), Raytheon Technologies Corporation (US), BAE Systems, PLC (UK), The Boeing Company (US), L-3 Communications Holdings, Inc. (US), MBDA, Inc. (France), General Dynamics Corporation (US), Orbital ATK (US), Thales Group (France), Textron Inc. (US), Rheinmetall Ag (Germany).
The shock 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 Shock 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 Shock Testing Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Shock 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 Shock 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 Shock Testing Machines Market Size & Forecast, 2020-2028
4.5.1 Shock Testing Machines Market Size and Y-o-Y Growth
4.5.2 Shock 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 Missiles
5.2.2 Munitions
5.2.3 Guided Rockets
5.2.4 Guided Projectiles
5.2.5 Guided Firearms
5.2.6 Others
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 Land
6.2.2 Maritime
6.2.3 Airborne
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Shock 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 Shock 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 Missiles
9.6.2 Munitions
9.6.3 Guided Rockets
9.6.4 Guided Projectiles
9.6.5 Guided Firearms
9.6.6 Others
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 Land
9.10.2 Maritime
9.10.3 Airborne
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 Missiles
10.6.2 Munitions
10.6.3 Guided Rockets
10.6.4 Guided Projectiles
10.6.5 Guided Firearms
10.6.6 Others
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 Land
10.10.2 Maritime
10.10.3 Airborne
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 Missiles
11.6.2 Munitions
11.6.3 Guided Rockets
11.6.4 Guided Projectiles
11.6.5 Guided Firearms
11.6.6 Others
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 Land
11.10.2 Maritime
11.10.3 Airborne
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 Missiles
12.6.2 Munitions
12.6.3 Guided Rockets
12.6.4 Guided Projectiles
12.6.5 Guided Firearms
12.6.6 Others
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 Land
12.10.2 Maritime
12.10.3 Airborne
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 Missiles
13.6.2 Munitions
13.6.3 Guided Rockets
13.6.4 Guided Projectiles
13.6.5 Guided Firearms
13.6.6 Others
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 Land
13.10.2 Maritime
13.10.3 Airborne
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 Shock Testing Machines Market: Competitive Dashboard
14.2 Global Shock Testing Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lockheed Martin Corporation (US)
14.3.2 Raytheon Technologies Corporation (US)
14.3.3 BAE Systems, PLC (UK)
14.3.4 The Boeing Company (US)
14.3.5 L-3 Communications Holdings, Inc. (US)
14.3.6 MBDA, Inc. (France)
14.3.7 General Dynamics Corporation (US)
14.3.8 Orbital ATK (US)
14.3.9 Thales Group (France)
14.3.10 Textron Inc. (US)
14.3.11 Rheinmetall Ag (Germany)
