Global Material Testing Equipment Market 2021

January 2022 | 20 pages | ID: G4CB12384C95EN
StrategyHelix Inc

Abstracts

The global material testing equipment market is poised to grow by US$ 156 million from 2021 to 2027, registering a CAGR of 3.2% during the forecast period, according to StrategyHelix. Increasing demand from emerging application markets, growing need for high-quality products in this low-tolerance industry, technology enhancements are expected to boost the market growth in the coming years.

The report provides up-to-date market size data for period 2017-2020 and forecast to 2027 covering key market aspects like sales value for material testing equipment. The global material testing equipment market is segmented on the basis of product, end user, and region. By product, the global material testing equipment market has been segmented into universal testing machines, impact test equipment, hardness test equipment, servohydraulic testing machines. The universal testing machines segment was the largest contributor to the global material testing equipment market in 2020. Based upon end user, the global material testing equipment market is categorized into aerospace, automotive, plastics, metals & metallurgy, others. According to the research, the automotive segment had the largest share in the global material testing equipment market. In terms of geography, the global material testing equipment market has been segmented into North America, Asia Pacific, Europe, Rest of the World (ROW). Asia Pacific held the largest revenue share in 2020.

The global material testing equipment market is highly competitive. The competitive landscape of the industry has also been examined along with the profiles of the key players Admet Inc, AMETEK Inc., Applied Test Systems LLC, Instron Corporation, Mitutoyo Corporation, MTS Systems Corporation, Shimadzu Corporation, Tinius Olsen Ltd., ZwickRoell LP.

Report Scope
Product: universal testing machines, impact test equipment, hardness test equipment, servohydraulic testing machines
End user: aerospace, automotive, plastics, metals & metallurgy, others
Region: North America, Asia Pacific, Europe, Rest of the World (ROW)
Years considered: this report covers the period 2017 to 2027

Key Benefits for Stakeholders
Get a comprehensive picture of the global material testing equipment market
Pinpoint growth sectors and trends for investment

Contents

PART 1. INTRODUCTION

Scope of the study
Study period
Geographical scope
Research methodology

PART 2. MATERIAL TESTING EQUIPMENT MARKET OVERVIEW

PART 3. MARKET BREAKDOWN BY PRODUCT

Universal testing machines
Impact test equipment
Hardness test equipment
Servohydraulic testing machines

PART 4. MARKET BREAKDOWN BY END USER

Aerospace
Automotive
Plastics
Metals & metallurgy
Others

PART 5. MARKET BREAKDOWN BY REGION

North America
Asia Pacific
Europe
Rest of the World (ROW)

PART 6. KEY COMPANIES

Admet Inc
AMETEK, Inc.
Applied Test Systems, LLC
Instron Corporation
Mitutoyo Corporation
MTS Systems Corporation
Shimadzu Corporation
Tinius Olsen Ltd.
ZwickRoell, LP
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