The global universal testing machines market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The market is driven by factors such as increasing demand for UTM in the scientific and education sector, and growing need for UTM in the industrial sector.
Electromechanical UTM segment accounted for the largest share of the global universal testing machines market in 2017, followed by hydraulic UTM segment. The electromechanical segment is expected to maintain its dominance throughout the forecast period due to its low cost and easy availability of spare parts.
- The growth of the Universal Testing Machines market is driven by the increasing demand for testing machines in various industries such as automotive, aerospace, and electronics.
- Increasing demand for testing machines in various industries such as automotive, aerospace, and electronics.
- Increasing number of companies investing in research and development activities to develop new products.
- Increase in government funding on research and development activities.
Industry Growth Insights published a new data on “Universal Testing Machines Market”. The research report is titled “Universal Testing Machines Market research by Types (Electromechanical UTM, Hydraulic UTM), By Applications (Scientific and Education, Industrial), By Players/Companies MTS (US), Instron (US), Zwick/Roell (GE), Shimadzu (JP), ADMET (US), Hegewald & Peschke (GE), Ametek (US), Torontech (CA), Keysight Technologies (US), Qualitest International (CA), Tinius Olsen, Applied Test Systems (USA), ETS Intarlaken (IN), Jinan Shijin Group (CN), Shenzhen Suns (CN), Jinan Tianchen (CN), Changchun Kexin Test Instrument (CN), Wance Group (CN), Shanghai Hualong (CN), Tianshui Hongshan, Laizhou Huayin (CN), Shenzhen Reger (CN), Hung Ta Instrument (TW), Shandong Drick (CN), Jinan Kehui (CN), Jinan Fine (CN), Jinan Liangong (CN), HRJ (CN)”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Universal Testing Machines Market Research Report
By Type
Electromechanical UTM, Hydraulic UTM
By Application
Scientific and Education, Industrial
By Companies
MTS (US), Instron (US), Zwick/Roell (GE), Shimadzu (JP), ADMET (US), Hegewald & Peschke (GE), Ametek (US), Torontech (CA), Keysight Technologies (US), Qualitest International (CA), Tinius Olsen, Applied Test Systems (USA), ETS Intarlaken (IN), Jinan Shijin Group (CN), Shenzhen Suns (CN), Jinan Tianchen (CN), Changchun Kexin Test Instrument (CN), Wance Group (CN), Shanghai Hualong (CN), Tianshui Hongshan, Laizhou Huayin (CN), Shenzhen Reger (CN), Hung Ta Instrument (TW), Shandong Drick (CN), Jinan Kehui (CN), Jinan Fine (CN), Jinan Liangong (CN), HRJ (CN)
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Universal Testing Machines Market Report Segments:
The global Universal Testing Machines market is segmented on the basis of:
Types
Electromechanical UTM, Hydraulic UTM
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
Scientific and Education, Industrial
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:
- MTS (US)
- Instron (US)
- Zwick/Roell (GE)
- Shimadzu (JP)
- ADMET (US)
- Hegewald & Peschke (GE)
- Ametek (US)
- Torontech (CA)
- Keysight Technologies (US)
- Qualitest International (CA)
- Tinius Olsen
- Applied Test Systems (USA)
- ETS Intarlaken (IN)
- Jinan Shijin Group (CN)
- Shenzhen Suns (CN)
- Jinan Tianchen (CN)
- Changchun Kexin Test Instrument (CN)
- Wance Group (CN)
- Shanghai Hualong (CN)
- Tianshui Hongshan
- Laizhou Huayin (CN)
- Shenzhen Reger (CN)
- Hung Ta Instrument (TW)
- Shandong Drick (CN)
- Jinan Kehui (CN)
- Jinan Fine (CN)
- Jinan Liangong (CN)
- HRJ (CN)
Highlights of The Universal 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:
- Electromechanical UTM
- Hydraulic UTM
- By Application:
- Scientific and Education
- Industrial
- 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 Universal 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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- 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?
Universal testing machines are used to test products for quality. They can be used to check the consistency of a product, measure how much heat is produced by a product, and more.
Some of the key players operating in the universal testing machines market are MTS (US), Instron (US), Zwick/Roell (GE), Shimadzu (JP), ADMET (US), Hegewald & Peschke (GE), Ametek (US), Torontech (CA), Keysight Technologies (US), Qualitest International (CA), Tinius Olsen, Applied Test Systems (USA), ETS Intarlaken (IN), Jinan Shijin Group (CN), Shenzhen Suns (CN), Jinan Tianchen (CN), Changchun Kexin Test Instrument (CN), Wance Group (CN), Shanghai Hualong (CN), Tianshui Hongshan, Laizhou Huayin (CN), Shenzhen Reger (CN), Hung Ta Instrument (TW), Shandong Drick (CN), Jinan Kehui (CN), Jinan Fine (CN), Jinan Liangong (CN), HRJ (CN).
The universal testing machines 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. Universal Testing Machines 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. Universal Testing Machines Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Universal Testing Machines Market - Supply Chain
4.5. Global Universal Testing Machines Market Forecast
4.5.1. Universal Testing Machines Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Universal Testing Machines Market Size (000 Units) and Y-o-Y Growth
4.5.3. Universal Testing Machines Market Absolute $ Opportunity
5. Global Universal Testing Machines 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. Universal Testing Machines Market Size and Volume Forecast by Type
5.3.1. Electromechanical UTM
5.3.2. Hydraulic UTM
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Universal Testing Machines 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. Universal Testing Machines Market Size and Volume Forecast by Application
6.3.1. Scientific and Education
6.3.2. Industrial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Universal Testing Machines 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. Universal Testing Machines 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 Universal Testing Machines 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. Universal Testing Machines 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 Universal Testing Machines Demand Share Forecast, 2019-2026
9. North America Universal Testing Machines 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 Universal Testing Machines 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 Universal Testing Machines Market Size and Volume Forecast by Application
9.4.1. Scientific and Education
9.4.2. Industrial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Universal Testing Machines Market Size and Volume Forecast by Type
9.7.1. Electromechanical UTM
9.7.2. Hydraulic UTM
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 Universal Testing Machines Demand Share Forecast, 2019-2026
10. Latin America Universal Testing Machines 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 Universal Testing Machines 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 Universal Testing Machines Market Size and Volume Forecast by Application
10.4.1. Scientific and Education
10.4.2. Industrial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Universal Testing Machines Market Size and Volume Forecast by Type
10.7.1. Electromechanical UTM
10.7.2. Hydraulic UTM
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 Universal Testing Machines Demand Share Forecast, 2019-2026
11. Europe Universal Testing Machines 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 Universal Testing Machines 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 Universal Testing Machines Market Size and Volume Forecast by Application
11.4.1. Scientific and Education
11.4.2. Industrial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Universal Testing Machines Market Size and Volume Forecast by Type
11.7.1. Electromechanical UTM
11.7.2. Hydraulic UTM
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 Universal Testing Machines Demand Share, 2019-2026
12. Asia Pacific Universal Testing Machines 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 Universal Testing Machines 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 Universal Testing Machines Market Size and Volume Forecast by Application
12.4.1. Scientific and Education
12.4.2. Industrial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Universal Testing Machines Market Size and Volume Forecast by Type
12.7.1. Electromechanical UTM
12.7.2. Hydraulic UTM
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 Universal Testing Machines Demand Share, 2019-2026
13. Middle East & Africa Universal Testing Machines 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 Universal Testing Machines 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 Universal Testing Machines Market Size and Volume Forecast by Application
13.4.1. Scientific and Education
13.4.2. Industrial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Universal Testing Machines Market Size and Volume Forecast by Type
13.7.1. Electromechanical UTM
13.7.2. Hydraulic UTM
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 Universal Testing Machines Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Universal Testing Machines Market: Market Share Analysis
14.2. Universal Testing Machines Distributors and Customers
14.3. Universal Testing Machines Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. MTS (US)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Instron (US)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Zwick/Roell (GE)
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 (JP)
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 (US)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hegewald & Peschke (GE)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ametek (US)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Torontech (CA)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Keysight Technologies (US)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Qualitest International (CA)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Tinius Olsen
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Applied Test Systems (USA)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. ETS Intarlaken (IN)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Jinan Shijin Group (CN)
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Shenzhen Suns (CN)
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Jinan Tianchen (CN)
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Changchun Kexin Test Instrument (CN)
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Wance Group (CN)
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Shanghai Hualong (CN)
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Tianshui Hongshan
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
