The global material testing equipment market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for quality control in various industries such as automotive, construction, and educational institutions. The increasing need for quality control in these industries has led to an increase in the demand for material testing equipment.
The universal testing machines segment accounted for the largest share of this market in 2018 and is expected to continue its dominance throughout the forecast period. Universal testing machines are used by manufacturers and suppliers as well as laboratories that test materials such as metals, plastics, rubber products, ceramics, glassware and other materials that are not easily destructible or cannot be destructed without damaging their properties or characteristics. These machines are also used by educational institutions where students learn about different types of materials through experiments conducted on them with these machines.
Some Of The Growth Factors Of This Market:
- The increasing demand for high-quality products and services.
- The need to reduce the cost of production.
- The need to improve the quality of products and services.
- The need for more efficient production processes.
- Increasing competition in the market.
Industry Growth Insights published a new data on “Material Testing Equipment Market”. The research report is titled “Material Testing Equipment Market research by Types (Universal Testing Machines, Servohydraulic Testing Machines, Hardness Test Equipment), By Applications (Automotive, Construction, Educational Institutions), By Players/Companies Instron, Zwick Roell, Mts Systems, Shimadzu, Tinius Olsen, Ametek, Admet, Hegewald & Peschke, Applied Test Systems, Mitutoyo, Ta Instruments, Torontech, Qualitest International, Ets Intarlaken, Struers”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Material Testing Equipment Market Research Report
By Type
Universal Testing Machines, Servohydraulic Testing Machines, Hardness Test Equipment
By Application
Automotive, Construction, Educational Institutions
By Companies
Instron, Zwick Roell, Mts Systems, Shimadzu, Tinius Olsen, Ametek, Admet, Hegewald & Peschke, Applied Test Systems, Mitutoyo, Ta Instruments, Torontech, Qualitest International, Ets Intarlaken, Struers
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 Material Testing Equipment Market Report Segments:
The global Material Testing Equipment market is segmented on the basis of:
Types
Universal Testing Machines, Servohydraulic Testing Machines, Hardness Test Equipment
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, Construction, Educational Institutions
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
- Zwick Roell
- Mts Systems
- Shimadzu
- Tinius Olsen
- Ametek
- Admet
- Hegewald & Peschke
- Applied Test Systems
- Mitutoyo
- Ta Instruments
- Torontech
- Qualitest International
- Ets Intarlaken
- Struers
Highlights of The Material Testing Equipment 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:
- Universal Testing Machines
- Servohydraulic Testing Machines
- Hardness Test Equipment
- By Application:
- Automotive
- Construction
- Educational Institutions
- 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 Equipment 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 equipment is used to test the physical properties of materials. This can include testing for strength, elasticity, and other characteristics.
Some of the key players operating in the material testing equipment market are Instron, Zwick Roell, Mts Systems, Shimadzu, Tinius Olsen, Ametek, Admet, Hegewald & Peschke, Applied Test Systems, Mitutoyo, Ta Instruments, Torontech, Qualitest International, Ets Intarlaken, Struers.
The material testing equipment market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Material Testing Equipment 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 Testing Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Material Testing Equipment Market - Supply Chain
4.5. Global Material Testing Equipment Market Forecast
4.5.1. Material Testing Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Material Testing Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Material Testing Equipment Market Absolute $ Opportunity
5. Global Material Testing Equipment 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 Testing Equipment Market Size and Volume Forecast by Type
5.3.1. Universal Testing Machines
5.3.2. Servohydraulic Testing Machines
5.3.3. Hardness Test Equipment
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Material Testing Equipment 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 Testing Equipment Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Construction
6.3.3. Educational Institutions
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Material Testing Equipment 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 Testing Equipment 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 Testing Equipment 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 Testing Equipment 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 Testing Equipment Demand Share Forecast, 2019-2029
9. North America Material Testing Equipment 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 Testing Equipment 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 Testing Equipment Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Construction
9.4.3. Educational Institutions
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Material Testing Equipment Market Size and Volume Forecast by Type
9.7.1. Universal Testing Machines
9.7.2. Servohydraulic Testing Machines
9.7.3. Hardness Test Equipment
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 Testing Equipment Demand Share Forecast, 2019-2029
10. Latin America Material Testing Equipment 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 Testing Equipment 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 Testing Equipment Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Construction
10.4.3. Educational Institutions
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Material Testing Equipment Market Size and Volume Forecast by Type
10.7.1. Universal Testing Machines
10.7.2. Servohydraulic Testing Machines
10.7.3. Hardness Test Equipment
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 Testing Equipment Demand Share Forecast, 2019-2029
11. Europe Material Testing Equipment 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 Testing Equipment 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 Testing Equipment Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Construction
11.4.3. Educational Institutions
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Material Testing Equipment Market Size and Volume Forecast by Type
11.7.1. Universal Testing Machines
11.7.2. Servohydraulic Testing Machines
11.7.3. Harness Test Equipment
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y 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 Testing Equipment Demand Share, 2019-2029
12. Asia Pacific Material Testing Equipment 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 Testing Equipment 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 Testing Equipment Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Construction
12.4.3. Educational Institutions
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Material Testing Equipment Market Size and Volume Forecast by Type
12.7.1. Universal Testing Machines
12.7.2. Servohydraulic Testing Machines
12.7.3. Hardness Test Equipment
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 Testing Equipment Demand Share, 2019-2029
13. Middle East & Africa Material Testing Equipment 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 Testing Equipment 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 Testing Equipment Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Construction
13.4.3. Educational Institutions
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Material Testing Equipment Market Size and Volume Forecast by Type
13.7.1. Universal Testing Machines
13.7.2. Servohydraulic Testing Machines
13.7.3. Hardness Test Equipment
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 Testing Equipment Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Material Testing Equipment Market: Market Share Analysis
14.2. Material Testing Equipment Distributors and Customers
14.3. Material Testing Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Instron
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Zwick Roell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mts Systems
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Shimadzu
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tinius Olsen
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ametek
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Admet
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hegewald & Peschke
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Applied Test Systems
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mitutoyo
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ta Instruments
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Torontech
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Qualitest International
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Ets Intarlaken
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Struers
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
