Market Overview:
The global microforce 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 microforce testers in various applications such as automotive, aerospace, civil engineering, biomedical device manufacturing and materials science. Additionally, the growing awareness about quality control and safety testing is also propelling the growth of this market. However, factors such as high cost of advanced microforce testers may restrain the growth of this market to some extent during the forecast period.
Product Definition:
Microforce Testers are used to measure the force required to break a specimen. This is important because it can help determine the strength of a material.
Semi-automatic:
Semi-automatic testing is a method of testing where the tester can initiate and control some of the steps of an assay, but not all. It allows for more flexibility in experimental design as well as improves efficiency by shortening the experiment duration. Semi-automatic systems are gaining popularity over fully automated ones mainly due to their ease of use and faster response time. This factor is expected to drive market growth during the forecast period from 2014 to 2025.
Automatic:
The automatic is a tool that helps to measure the force between two objects. It works by measuring the change in position of a lever or wheel connected to an object and then calculating the applied force. The most common application of this device is in testing machines such as micro-machines, robots, assembly lines, etc., where there are many small forces acting on different parts which need to be measured accurately for quality control.
In Microforce Testers market size.
Application Insights:
The market is segmented by application into automotive, aerospace, civil engineering, biomedical device manufacturing, and materials science. In 2017, the automotive segment dominated the global microforce testers market with a share of over 40% in terms of revenue. The growth can be attributed to factors such as increasing production volumes for commercial vehicles in various countries across Asia Pacific and Latin America which require high precision force measuring equipment for safety & comfort purposes.
Microforce testers are used to measure forces applied on door handle or window crank during vehicle testing or crash simulation activities conducted by automobile manufacturers or their suppliers. Aerospace is expected to be one of the fastest growing application segments over the forecast period owing to rising demand from end-use industries such as transportation and defense which require highly sensitive micro-manipulation devices for component testing purposes.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing investments in microforce testing equipment by various companies for product development and quality control. For instance, In January 2017, Kistler Instrumente AG launched a new force measurement system ‘Kistler RMS’ based on Microdrive Technologies' microforce technology under brand name ‘RMS 300’ for industrial applications in Switzerland.
The Asia Pacific market was followed by Europe which accounted for over 25% of the global revenue share in 2016 owing to high demand from automotive and aerospace industries coupled with growing civil engineering projects such as rail network expansion and bridge construction across European countries such as Austria, Germany, Italy, Poland among others are anticipated to drive regional growth during the forecast period.
Growth Factors:
- Increasing demand for miniaturization in electronic products
- Rising demand from automotive and medical industries
- Growing popularity of automated testing solutions
- Proliferation of portable devices and the Internet of Things (IoT)
- Emergence of next-generation technologies such as 5G, artificial intelligence (AI), and machine learning
Scope Of The Report
Report Attributes
Report Details
Report Title
Microforce Testers Market Research Report
By Type
Semi-automatic, Automatic, Manual
By Application
Automotive, Aerospace, Civil Engineering, Biomedical Device Manufacturing, Materials Science
By Companies
Instron, TESTIMA, MTS, MicroContact, ADMET, Kiran Test & Measure, Testometric, Cotel
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Microforce Testers Market Report Segments:
The global Microforce Testers market is segmented on the basis of:
Types
Semi-automatic, Automatic, 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
Automotive, Aerospace, Civil Engineering, Biomedical Device Manufacturing, Materials Science
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
- TESTIMA
- MTS
- MicroContact
- ADMET
- Kiran Test & Measure
- Testometric
- Cotel
Highlights of The Microforce 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:
- Semi-automatic
- Automatic
- Manual
- By Application:
- Automotive
- Aerospace
- Civil Engineering
- Biomedical Device Manufacturing
- Materials Science
- 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 Microforce 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.
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- Correctly Positioning New Products
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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?
Microforce testers are a type of tester that is used to measure the force required to deform a material.
Some of the key players operating in the microforce testers market are Instron, TESTIMA, MTS, MicroContact, ADMET, Kiran Test & Measure, Testometric, Cotel.
The microforce testers market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Microforce Testers 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. Microforce Testers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Microforce Testers Market - Supply Chain
4.5. Global Microforce Testers Market Forecast
4.5.1. Microforce Testers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Microforce Testers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Microforce Testers Market Absolute $ Opportunity
5. Global Microforce Testers 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. Microforce Testers Market Size and Volume Forecast by Type
5.3.1. Semi-automatic
5.3.2. Automatic
5.3.3. Manual
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Microforce Testers 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. Microforce Testers Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Aerospace
6.3.3. Civil Engineering
6.3.4. Biomedical Device Manufacturing
6.3.5. Materials Science
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Microforce Testers 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. Microforce Testers 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 Microforce Testers 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. Microforce Testers 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 Microforce Testers Demand Share Forecast, 2019-2029
9. North America Microforce Testers 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 Microforce Testers 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 Microforce Testers Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Aerospace
9.4.3. Civil Engineering
9.4.4. Biomedical Device Manufacturing
9.4.5. Materials Science
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Microforce Testers Market Size and Volume Forecast by Type
9.7.1. Semi-automatic
9.7.2. Automatic
9.7.3. Manual
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 Microforce Testers Demand Share Forecast, 2019-2029
10. Latin America Microforce Testers 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 Microforce Testers 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 Microforce Testers Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Aerospace
10.4.3. Civil Engineering
10.4.4. Biomedical Device Manufacturing
10.4.5. Materials Science
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Microforce Testers Market Size and Volume Forecast by Type
10.7.1. Semi-automatic
10.7.2. Automatic
10.7.3. Manual
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 Microforce Testers Demand Share Forecast, 2019-2029
11. Europe Microforce Testers 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 Microforce Testers 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 Microforce Testers Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Aerospace
11.4.3. Civil Engineering
11.4.4. Biomedical Device Manufacturing
11.4.5. Materials Science
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Microforce Testers Market Size and Volume Forecast by Type
11.7.1. Semi-automatic
11.7.2. Automatic
11.7.3. Manual
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 Microforce Testers Demand Share, 2019-2029
12. Asia Pacific Microforce Testers 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 Microforce Testers 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 Microforce Testers Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Aerospace
12.4.3. Civil Engineering
12.4.4. Biomedical Device Manufacturing
12.4.5. Materials Science
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Microforce Testers Market Size and Volume Forecast by Type
12.7.1. Semi-automatic
12.7.2. Automatic
12.7.3. Manual
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 Microforce Testers Demand Share, 2019-2029
13. Middle East & Africa Microforce Testers 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 Microforce Testers 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 Microforce Testers Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Aerospace
13.4.3. Civil Engineering
13.4.4. Biomedical Device Manufacturing
13.4.5. Materials Science
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Microforce Testers Market Size and Volume Forecast by Type
13.7.1. Semi-automatic
13.7.2. Automatic
13.7.3. Manual
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 Microforce Testers Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Microforce Testers Market: Market Share Analysis
14.2. Microforce Testers Distributors and Customers
14.3. Microforce Testers 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. TESTIMA
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
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. MicroContact
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ADMET
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kiran Test & Measure
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Testometric
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cotel
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
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
