Market Overview:
The global universal testing systems market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for universal testing systems from various end-use industries, such as automobile manufacturing, defense military, aeronautics and astronautics, scientific and education, electronics, metallurgical smelting and others industries. In addition, technological advancements in the field of universal testing systems are also contributing to the growth of this market.
Product Definition:
Universal Testing Systems are a type of software that allow you to test your website or application across multiple browsers and devices. This is important because it allows you to ensure that your site looks and functions the same way no matter what device or browser someone is using to view it.
Electromechanical UTM:
Electromechanical UTM (End-to-End Test System) is a complete end-to-end test system that covers all aspects of testing and measurement in the electronics industry. It includes signal integrity, power integrity, performance analysis and design tools & techniques for timing analysis. The system also provides functional coverage for mechanical testing such as input/output tests, internal mechanical tests and environmental tests.
Hydraulic UTM:
UTS is a global software testing company that provides UTM solutions for various industries such as aerospace & defense, automotive, healthcare and life sciences, telecom & IT and energy utilities. The company has developed a new software solution called the Universal Testing System (U-TS) which includes several advanced features to enhance the quality of test results.
Application Insights:
The application segment is segregated into automobile manufacturing, defense military, aeronautics and astronautics, scientific and education, electronics, metallurgical smelting other industries. The automotive industry dominated the global universal testing systems market in terms of revenue share in 2017. This growth can be attributed to the increasing production of automobiles across the globe coupled with stringent regulations regarding safety that are being implemented globally. For instance; According to a study published by IIHS in 2018 ¢â‚¬Å“fatigue tests¢â‚¬ on vehicles have become mandatory throughout all stages of vehicle development from concept through production to homologation (testing) for regulatory approval.
Automobile manufacturers are continuously investing in research & development activities for enhancing driver safety features such as airbags-in-wheelchairs and rollover prevention devices which has resulted in increased demand for UTM solutions at various stages during vehicle manufacturing process.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This growth can be attributed to increasing government funding for research and development activities, coupled with technological advancements in metallurgical industries across North America.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising demand from end-use industries such as automotive, aerospace and defense, electronics manufacturing, etc., especially in China and India. In addition, growing investments by various governments for developing advanced testing systems are also expected drive regional demand during the forecast period.
Growth Factors:
- Increasing demand for quality products and services: The global market is growing at a fast pace and the need for high-quality products is increasing. This is driving the demand for universal testing systems, which helps in detecting defects in products and improving their quality.
- Growing awareness about product safety: Consumers are becoming more aware of product safety issues, which is driving the demand for universal testing systems that can help detect potential defects in products.
- Rising R&D spending by manufacturers: Manufacturers are investing heavily in R&D to develop new and innovative products. This is leading to an increase in the number of defective products, which is fueling the demand for universal testing systems.
- Technological advancements: The development of new technologies has led to increased efficiency and accuracy of universal testing systems, thus boosting their adoption rate globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Universal Testing Systems Market Research Report
By Type
Electromechanical UTM, Hydraulic UTM
By Application
Automobile Manufacturing, Defense Military, Aeronautics and Astronautics, Scientific and Education, Electronics, Metallurgical Smelting, Others Industries
By Companies
MTS, INSTRON, Zwick/Roell, Shimadzu, ADMET, Hegewald & Peschke, AMETEK(Lloyd), Torontech Group, Keysight Technologies, Qualitest International, Tinius Olsen, Applied Test Systems, ETS Intarlaken, JINAN SHIJIN GROUP, Suns, TENSON, Changchun Kexin Test Instrument, WANCE Group, Shanghai Hualong, Tianshui Hongshan, Laizhou Huayin, Shenzhen Reger, Hung Ta, Shandong Drick, Jinan Kehui, Jinan Fine, Jinan Liangong, HRJ
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Universal Testing Systems Market Report Segments:
The global Universal Testing Systems 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
Automobile Manufacturing, Defense Military, Aeronautics and Astronautics, Scientific and Education, Electronics, Metallurgical Smelting, Others Industries
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
- INSTRON
- Zwick/Roell
- Shimadzu
- ADMET
- Hegewald & Peschke
- AMETEK(Lloyd)
- Torontech Group
- Keysight Technologies
- Qualitest International
- Tinius Olsen
- Applied Test Systems
- ETS Intarlaken
- JINAN SHIJIN GROUP
- Suns
- TENSON
- Changchun Kexin Test Instrument
- WANCE Group
- Shanghai Hualong
- Tianshui Hongshan
- Laizhou Huayin
- Shenzhen Reger
- Hung Ta
- Shandong Drick
- Jinan Kehui
- Jinan Fine
- Jinan Liangong
- HRJ
Highlights of The Universal Testing Systems 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:
- Automobile Manufacturing
- Defense Military
- Aeronautics and Astronautics
- Scientific and Education
- Electronics
- Metallurgical Smelting
- Others Industries
- 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 Systems 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?
Universal Testing Systems (UTS) is a software company that provides software testing tools and services. UTS products include the UTS Test Manager, which is a test management tool used to manage and execute tests across multiple platforms.
Some of the major companies in the universal testing systems market are MTS, INSTRON, Zwick/Roell, Shimadzu, ADMET, Hegewald & Peschke, AMETEK(Lloyd), Torontech Group, Keysight Technologies, Qualitest International, Tinius Olsen, Applied Test Systems, ETS Intarlaken, JINAN SHIJIN GROUP, Suns, TENSON, Changchun Kexin Test Instrument, WANCE Group, Shanghai Hualong, Tianshui Hongshan, Laizhou Huayin, Shenzhen Reger, Hung Ta, Shandong Drick, Jinan Kehui, Jinan Fine, Jinan Liangong, HRJ.
The universal testing systems market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Universal Testing Systems 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 Systems 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 Systems Market - Supply Chain
4.5. Global Universal Testing Systems Market Forecast
4.5.1. Universal Testing Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Universal Testing Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Universal Testing Systems Market Absolute $ Opportunity
5. Global Universal Testing Systems 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 Systems 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 Systems 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 Systems Market Size and Volume Forecast by Application
6.3.1. Automobile Manufacturing
6.3.2. Defense Military
6.3.3. Aeronautics and Astronautics
6.3.4. Scientific and Education
6.3.5. Electronics
6.3.6. Metallurgical Smelting
6.3.7. Others Industries
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Universal Testing Systems 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 Systems 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 Systems 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 Systems 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 Systems Demand Share Forecast, 2019-2029
9. North America Universal Testing Systems 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 Systems 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 Systems Market Size and Volume Forecast by Application
9.4.1. Automobile Manufacturing
9.4.2. Defense Military
9.4.3. Aeronautics and Astronautics
9.4.4. Scientific and Education
9.4.5. Electronics
9.4.6. Metallurgical Smelting
9.4.7. Others Industries
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Universal Testing Systems 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 Systems Demand Share Forecast, 2019-2029
10. Latin America Universal Testing Systems 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 Systems 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 Systems Market Size and Volume Forecast by Application
10.4.1. Automobile Manufacturing
10.4.2. Defense Military
10.4.3. Aeronautics and Astronautics
10.4.4. Scientific and Education
10.4.5. Electronics
10.4.6. Metallurgical Smelting
10.4.7. Others Industries
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Universal Testing Systems 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 Systems Demand Share Forecast, 2019-2029
11. Europe Universal Testing Systems 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 Systems 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 Systems Market Size and Volume Forecast by Application
11.4.1. Automobile Manufacturing
11.4.2. Defense Military
11.4.3. Aeronautics and Astronautics
11.4.4. Scientific and Education
11.4.5. Electronics
11.4.6. Metallurgical Smelting
11.4.7. Others Industries
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Universal Testing Systems Market Size and Volume Frecast 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 Systems Demand Share, 2019-2029
12. Asia Pacific Universal Testing Systems 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 Systems 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 Systems Market Size and Volume Forecast by Application
12.4.1. Automobile Manufacturing
12.4.2. Defense Military
12.4.3. Aeronautics and Astronautics
12.4.4. Scientific and Education
12.4.5. Electronics
12.4.6. Metallurgical Smelting
12.4.7. Others Industries
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Universal Testing Systems 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 Systems Demand Share, 2019-2029
13. Middle East & Africa Universal Testing Systems 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 Systems 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 Systems Market Size and Volume Forecast by Application
13.4.1. Automobile Manufacturing
13.4.2. Defense Military
13.4.3. Aeronautics and Astronautics
13.4.4. Scientific and Education
13.4.5. Electronics
13.4.6. Metallurgical Smelting
13.4.7. Others Industries
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 Systems 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 Systems Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Universal Testing Systems Market: Market Share Analysis
14.2. Universal Testing Systems Distributors and Customers
14.3. Universal Testing Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. MTS
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
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
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. 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. Hegewald & Peschke
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(Lloyd)
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 Group
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
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
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
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
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
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Suns
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. TENSON
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
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
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
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
