Market Overview:
The global split-Hopkinson pressure bar (SHPB) market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for SHPB in various end-use industries such as aviation, national defense, automobile and industry. In addition, the growing awareness about benefits of SHPB testing is also propelling the growth of this market. However, high installation and maintenance cost may restrain the growth of this market to some extent during the forecast period. Based on type, tensile test segment is anticipated to hold a dominant position in global split-Hopkinson pressure bar (SHPB) market during 2018-2030. This can be attributed to its ability to measure material properties under tension loading conditions accurately. By application, aviation segment is projected witness highest CAGR over the forecast period owing to increasing demand for lightweight materials in aircraft manufacturing industry across globe.
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Product Definition:
The Split-Hopkinson Pressure Bar (SHPB) is a device used to measure the dynamic Young's Modulus of materials. The SHPB uses a two-barrel system in which one barrel is filled with fluid and the other is empty. When the devices are struck, the impact creates a wave that travels through both barrels. The waveform can be used to calculate the Young's Modulus of the material.
Tensile Test:
Tensile test is a method used to measure the tensile strength of medical devices. It's major use is in the quality control and assurance of SHPB devices. The factors that propel growth include increasing demand for better healthcare, rising geriatric population, technological advancements such as 3D printed tensile testing device by doctors from Massachusetts General Hospital (MGH), and FDA approval to use this technique in premarketing assessment.
Torsion Test:
The torsion test is used to measure the torque that can be applied to a blood vessel. The torque causes disruption in the blood flow and if it is more than the threshold then SHPB market becomes dangerous and needs immediate medical attention.
Torsion tests are performed on patients with stable coronary artery disease or peripheral vascular disease, who have been treated with medications for at least 10 days before testing. Patients also need a complete physical exam before starting any treatment plan.
Application Insights:
The aviation application segment led the market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The rise in air passenger traffic owing to increasing disposable income levels has resulted in an increased demand for aircraft, which is expected to positively influence market growth over the next eight years.
In addition, rapid urbanization coupled with a growing population has led to an increased need for automobiles, which is anticipated to further fuel the growth of this industry during the forecast period. Furthermore, technological advancements such as implementation of safety features such as airbags and anti-lock braking systems have driven sales of automobile tires across several regions including North America and Europe since 2014; this trend is expected continue through 2018 until 2025 when advanced driver assistance systems (ADAS) are widely implemented across all vehicle types globally.
Regional Analysis:
Europe dominated the global market in 2017 owing to the presence of major aircraft manufacturers such as Airbus and significant growth in industries such as aerospace, automotive, and others. The aviation industry is expected to grow significantly over the forecast period due to increasing passenger traffic across various airports. This will lead to an increase in investments for SHPB testing equipment manufacturing companies across Europe.
Asia Pacific is anticipated to witness a CAGR of XX% during the forecast period owing with rapid industrialization along with growing automobile production especially after 2020 when China’s 13th Five-Year Plan comes into effect which aims at making China a world leader in all fields including science, technology, energy efficiency, and others by 2020 (the plan has been postponed till 2023). These factors are expected drive demand for SHPB test equipment used for pressure bar testing applications over this region during the forecast period.
Growth Factors:
- Increasing demand for SHPB in the automotive and aerospace industries for testing the material properties of components under static and dynamic loading conditions.
- Growing popularity of SHPB as a research tool in universities and research institutes for studying the behavior of materials under high-strain-rate loading conditions.
- Rising demand from defense sector for SHPB to evaluate armor protection systems against ballistic threats.
- Increasing use of SHPB in non-destructive testing (NDT) to detect flaws in materials and components under static or cyclic loading conditions.
- Technological advancements that have led to development of new types of SHPBs with enhanced performance characteristics, which is expected to boost market growth over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Split-Hopkinson Pressure Bar (SHPB) Market Research Report
By Type
Tensile Test, Torsion Test
By Application
Aviation, National Defense, Automobile, Industry
By Companies
Thiot Ingenierie, HBM Test and Measurement, REL, Inc., Advance Instrument Inc., Serve Real 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
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Split-Hopkinson Pressure Bar (SHPB) Market Report Segments:
The global Split-Hopkinson Pressure Bar (SHPB) market is segmented on the basis of:
Types
Tensile Test, Torsion Test
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
Aviation, National Defense, Automobile, Industry
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:
- Thiot Ingenierie
- HBM Test and Measurement
- REL, Inc.
- Advance Instrument Inc.
- Serve Real Instruments
 Market Overview.svg)
Highlights of The Split-Hopkinson Pressure Bar (SHPB) 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:
- Tensile Test
- Torsion Test
- By Application:
- Aviation
- National Defense
- Automobile
- Industry
- 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 Split-Hopkinson Pressure Bar (SHPB) 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
 Market Statistics.svg)
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?
The Split-Hopkinson pressure bar is a type of hydraulic control valve used in fluid power systems. It consists of two valves, each with its own actuator, that are connected by a flexible tube. When the first valve opens, the pressure in the tube between the two valves increases and causes the second valve to open.
Some of the major companies in the split-hopkinson pressure bar (shpb) market are Thiot Ingenierie, HBM Test and Measurement, REL, Inc., Advance Instrument Inc., Serve Real Instruments.
The split-hopkinson pressure bar (shpb) market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Split-Hopkinson Pressure Bar (SHPB) 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 Split-Hopkinson Pressure Bar (SHPB) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Split-Hopkinson Pressure Bar (SHPB) 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 Split-Hopkinson Pressure Bar (SHPB) 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 Split-Hopkinson Pressure Bar (SHPB) Market Size & Forecast, 2020-2028
4.5.1 Split-Hopkinson Pressure Bar (SHPB) Market Size and Y-o-Y Growth
4.5.2 Split-Hopkinson Pressure Bar (SHPB) 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 Tensile Test
5.2.2 Torsion Test
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 Aviation
6.2.2 National Defense
6.2.3 Automobile
6.2.4 Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Split-Hopkinson Pressure Bar (SHPB) 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 Split-Hopkinson Pressure Bar (SHPB) 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 Tensile Test
9.6.2 Torsion Test
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 Aviation
9.10.2 National Defense
9.10.3 Automobile
9.10.4 Industry
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 Tensile Test
10.6.2 Torsion Test
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 Aviation
10.10.2 National Defense
10.10.3 Automobile
10.10.4 Industry
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 Tensile Test
11.6.2 Torsion Test
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 Aviation
11.10.2 National Defense
11.10.3 Automobile
11.10.4 Industry
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 Tensile Test
12.6.2 Torsion Test
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 Aviation
12.10.2 National Defense
12.10.3 Automobile
12.10.4 Industry
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 Tensile Test
13.6.2 Torsion Test
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 Aviation
13.10.2 National Defense
13.10.3 Automobile
13.10.4 Industry
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 Split-Hopkinson Pressure Bar (SHPB) Market: Competitive Dashboard
14.2 Global Split-Hopkinson Pressure Bar (SHPB) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thiot Ingenierie
14.3.2 HBM Test and Measurement
14.3.3 REL, Inc.
14.3.4 Advance Instrument Inc.
14.3.5 Serve Real Instruments
