Market Overview:
The global material tester 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 material testing equipment from various end-use industries, such as automotive, medical, construction, and defense. In addition, the growing awareness about quality control and safety measures is also propelling the growth of this market. Based on type, the global material tester market can be segmented into hardness testers, impact testers, and others. Hardness testers are expected to account for a major share of this market in terms of revenue owing to their wide usage across various end-use industries. Based on application, the global material tester market can be segmented into automotive industry, medical industry,, construction industry,, defense industry,, and others.
Product Definition:
A material tester is a device that is used to measure the physical and mechanical properties of materials. These devices can be used to test the strength, flexibility, and durability of materials. They can also be used to measure the reaction of materials to heat, pressure, or other stimuli. Material testers are important for determining the suitability of materials for use in various applications.
Hardness Tester:
Hardness tester is a device used to measure the resistance of a material to deformation or stress. It works on the principle that change in shape or size can be attributed to different levels of stress applied on a material. The most commonly used units for measuring hardness are Brinell and Rockwell scales, which take into account both elasticity and toughness at same time.
Impact Tester:
The impact tester is a device used to test the strength of materials by applying high speed and force on specimen. It works on the principle of rebound, where as a small portion of material is impacted it gives an accurate reading for compressive strength and toughness.
It's primary applications are in testing rubber, plastic & composite materials, metals & alloys and concrete for physical properties such as resilience (elasticity), hardness (resilience).
Application Insights:
The automotive industry was the largest revenue contributor in 2016 and is expected to maintain its lead over the forecast period. The rise in demand for advanced and reliable testing equipment for various components, such as body panels, headlamps, power trains, electronics modules and glass sheets is projected to drive the growth of this segment.
The medical industry was one of the fastest-growing segments owing to increasing product adoption across end-use industries including aerospace & defense. Material testers are used extensively across all manufacturing facilities that produce medical devices or machinery. They are also used at several stages during production processes such as design reviews or prototype development where quality control tests need to be performed on a regular basis before mass production begins.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the major automobile manufacturers such as Toyota, Honda, Suzuki, Tata Motors and Hyundai. It also has a well-established manufacturing sector that includes steel producers such as Nippon Steel & Sumitomo Metal Corporation; cement companies including Japan Cement; electronics manufacturers including Sony Corporation; and others. Thus, Asia Pacific offers numerous opportunities for industry players operating in material testers space due to rising demand from end-use industries across countries like China, India Japan Korea etc.
The North America regional market held a revenue share of more than 20% in 2017 owing to presence of prominent automotive OEMs along with significant aerospace & defense spending by governments across countries like U.S., Canada Russia etc., which are driving demand for material testing equipment used during various stages of vehicle development or maintenance procedures performed on aircraft engines or weapons systems respectively).
Growth Factors:
- Increasing demand for quality control and assurance in manufacturing industries
- Growing awareness about the benefits of using material testers
- Rising R&D spending by manufacturers to develop new products
- Technological advancements in material testing equipment and software
- Growing number of small- and medium-sized businesses
Scope Of The Report
Report Attributes
Report Details
Report Title
Material Tester Market Research Report
By Type
Hardness Tester, Impact Tester, Others
By Application
Automotive Industry, Medical Industry, Construction Industry, Defense Industry, Others
By Companies
Humboldt Mfg, Matest, EIE Instruments, Aimil, Torontech, Controls Group, Materials Testing Equipment, Cooper Research Technology, AMETEK, Illinois Tool Works, Zwick Roell, MTS Systems, Shimadzu, Tinius Olsen
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Material Tester Market Report Segments:
The global Material Tester market is segmented on the basis of:
Types
Hardness Tester, Impact Tester, 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
Automotive Industry, Medical Industry, Construction Industry, Defense Industry, 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:
- Humboldt Mfg
- Matest
- EIE Instruments
- Aimil
- Torontech
- Controls Group
- Materials Testing Equipment
- Cooper Research Technology
- AMETEK
- Illinois Tool Works
- Zwick Roell
- MTS Systems
- Shimadzu
- Tinius Olsen
Highlights of The Material 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:
- Hardness Tester
- Impact Tester
- Others
- By Application:
- Automotive Industry
- Medical Industry
- Construction Industry
- Defense Industry
- 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 Material 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.
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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?
Material tester is a software tool used to test the physical properties of materials. It can be used to determine the hardness, elasticity, and other physical properties of materials.
Some of the key players operating in the material tester market are Humboldt Mfg, Matest, EIE Instruments, Aimil, Torontech, Controls Group, Materials Testing Equipment, Cooper Research Technology, AMETEK, Illinois Tool Works, Zwick Roell, MTS Systems, Shimadzu, Tinius Olsen.
The material tester market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Material Tester Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Material Tester Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Material Tester Market - Supply Chain
4.5. Global Material Tester Market Forecast
4.5.1. Material Tester Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Material Tester Market Size (000 Units) and Y-o-Y Growth
4.5.3. Material Tester Market Absolute $ Opportunity
5. Global Material Tester Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Material Tester Market Size and Volume Forecast by Type
5.3.1. Hardness Tester
5.3.2. Impact Tester
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Material Tester Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Material Tester Market Size and Volume Forecast by Application
6.3.1. Automotive Industry
6.3.2. Medical Industry
6.3.3. Construction Industry
6.3.4. Defense Industry
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Material Tester Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Material Tester Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Material Tester Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Material Tester Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Material Tester Demand Share Forecast, 2019-2026
9. North America Material Tester Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Material Tester Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Material Tester Market Size and Volume Forecast by Application
9.4.1. Automotive Industry
9.4.2. Medical Industry
9.4.3. Construction Industry
9.4.4. Defense Industry
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Material Tester Market Size and Volume Forecast by Type
9.7.1. Hardness Tester
9.7.2. Impact Tester
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Material Tester Demand Share Forecast, 2019-2026
10. Latin America Material Tester Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Material Tester Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Material Tester Market Size and Volume Forecast by Application
10.4.1. Automotive Industry
10.4.2. Medical Industry
10.4.3. Construction Industry
10.4.4. Defense Industry
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Material Tester Market Size and Volume Forecast by Type
10.7.1. Hardness Tester
10.7.2. Impact Tester
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Material Tester Demand Share Forecast, 2019-2026
11. Europe Material Tester Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Material Tester Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Material Tester Market Size and Volume Forecast by Application
11.4.1. Automotive Industry
11.4.2. Medical Industry
11.4.3. Construction Industry
11.4.4. Defense Industry
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Material Tester Market Size and Volume Forecast by Type
11.7.1. Hardness Tester
11.7.2. Impact Tester
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-oY Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Material Tester Demand Share, 2019-2026
12. Asia Pacific Material Tester Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Material Tester Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Material Tester Market Size and Volume Forecast by Application
12.4.1. Automotive Industry
12.4.2. Medical Industry
12.4.3. Construction Industry
12.4.4. Defense Industry
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Material Tester Market Size and Volume Forecast by Type
12.7.1. Hardness Tester
12.7.2. Impact Tester
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Material Tester Demand Share, 2019-2026
13. Middle East & Africa Material Tester Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Material Tester Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Material Tester Market Size and Volume Forecast by Application
13.4.1. Automotive Industry
13.4.2. Medical Industry
13.4.3. Construction Industry
13.4.4. Defense Industry
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Material Tester Market Size and Volume Forecast by Type
13.7.1. Hardness Tester
13.7.2. Impact Tester
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Material Tester Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Material Tester Market: Market Share Analysis
14.2. Material Tester Distributors and Customers
14.3. Material Tester Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Humboldt Mfg
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Matest
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. EIE Instruments
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Aimil
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Torontech
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Controls Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Materials Testing Equipment
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cooper Research Technology
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. AMETEK
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Illinois Tool Works
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Zwick Roell
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. MTS Systems
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Shimadzu
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Tinius Olsen
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
