Global Material Testing Market Size, Share, and Analysis, By Type (Universal Testing Machines, Servo hydraulic Testing Machines, Hardness Test Equipment and Others), By Material (Metal, Plastics, Rubber and Elastomer, Ceramics and Composites and Others), By End-Use Industry (Automotive, Construction, Educational Institutions and Others), and Regional Forecasts, 2022-2032

September 2023 | 399 pages | ID: GD3777DAC41EEN
Fatpos Global

Abstracts

Global Material Testing Market Size, Share, and Analysis, By Type (Universal Testing Machines, Serv%li%%li%hydraulic Testing Machines, Hardness Test Equipment and Others), By Material (Metal, Plastics, Rubber and Elastomer, Ceramics and Composites and Others), By End-Use Industry (Automotive, Construction, Educational Institutions and Others), and Regional Forecasts, 2022-2032

PRODUCT OVERVIEW

The Global Material Testing market size was USD 724.1 million in 2021 and projected t%li%%li%grow from USD 800.6 million in 2023 t%li%%li%USD 1,267.9 million by 2032, exhibiting a CAGR of 5.2% during the forecast period.

Material Testing denotes the technique of examining the physical, structural and mechanical properties of various materials. Material Testing is used t%li%%li%analyze the properties and behavior of ceramics, metals, and plastic, under different conditions and t%li%%li%assessing their functioning at optimal condition. Material testing can be classified based on type, material, and end use int%li%%li%thermal testing, mechanical testing; resistance testing and non-destructive testing. These are majorly conducted through, servo-hydraulic, hardness and impact test machines. They are utilized for QC, research, production and in laboratory applications. Material Testing has several applications in various industries, like automotive, construction, energy & power, aerospace & defense, oil & gas etc.

MARKET HIGHLIGHTS

Material Testing Market is expected t%li%%li%reach USD 1,267.9 million at a CAGR of 5.2% during forecast period. Material testing is a process used t%li%%li%measure the physical, mechanical and structural, properties of various components and materials in a well-established manner. In various sectors like manufacturing & processing, educational & research institutes, content testing will be carried out owing t%li%%li%the raise of market.

Global Material Testing Market Segments:

• By Type
• Universal Testing Machines
• Serv%li%%li%hydraulic Testing Machines
• Hardness Test Equipment
• Others
• By Material
• Metal
• Plastics
• Rubber and Elastomer
• Ceramics and Composites
• Others
• By End Use Industry
• Automotive
• Construction
• Educational Institutions
• Others

MARKET DYNAMICS

Growth Drivers

Increasing Research is Expected t%li%%li%Boost the Growth of the Market

Wide Applications in Various Industries is Expected t%li%%li%Boost the Market Growth

Restraint

Technical Advancements May Hamper Market Growth

Key Players

• ZwickRoell LP
• MTS Systems Corporation
• Shimadzu Corporation
• Tinius Olsen
• ADMET Inc
• Qualitest Group
• Struers
• Hegewald & Peschke
• OLYMPUS CORPORATION
• AMETEK.Inc
• Foundrax
• Wirsam Scientific
• Applied Test Systems
• Mitutoy%li%%li%Corporation
• TA Instruments
• Torontech Inc
• Imatek
• MISTRAS Group Inc
• Other Prominent Players

(Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Reasons t%li%%li%Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected t%li%%li%witness the fastest growth as well as t%li%%li%dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect t%li%%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight int%li%%li%the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years t%li%%li%come
• 3-month post-sales analyst support.

Contents

1.EXECUTIVE SUMMARY

1.1. Regional Market Share
1.2. Business Trends
1.3. Material Testing Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot

2.RESEARCH METHODOLOGY

2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
  2.5.1. Paid Sources
  2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation

3.MARKET CHARACTERISTICS

3.1. Market Definition
3.2. Material Testing Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data

4.MATERIAL TESTING MARKET – INDUSTRY INSIGHTS

4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability

5.MACROECONOMIC INDICATORS

6.RECENT DEVELOPMENTS

7.MARKET DYNAMICS

7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends

8.RISK ANALYSIS

9.MARKET ANALYSIS

9.1. Porters Five Forces
9.2. PEST Analysis
  9.2.1.Political
  9.2.2.Economic
  9.2.3.Social
  9.2.4.Technological

10. MATERIAL TESTING MARKET

10.1.Overview
10.2.Historical Analysis (2016-2021)
  10.2.1.Market Size, Y-o-Y Growth (%) and Market Forecast

11. MATERIAL TESTING MARKET SIZE & FORECAST 2022A-2032F

11.1.Overview
11.2.Key Findings
11.3. Market Segmentation
  11.3.1.By Type
    11.3.1.1.Universal Testing Machines
      11.3.1.1.1. By Value (USD Million) 2022-2032F
      11.3.1.1.2. Market Share (%) 2022-2032F
      11.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.1.2.Servo hydraulic Testing Machines
      11.3.1.2.1. By Value (USD Million) 2022-2032F
      11.3.1.2.2. Market Share (%) 2022-2032F
      11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
    11.3.1.3.Hardness Test Equipment
      11.3.1.3.1. By Value (USD Million) 2022-2032F
      11.3.1.3.2. Market Share (%) 2022-2032F
      11.3.1.3.3. Y-o-Y Growth (%) 2022-2032F
    11.3.1.4.Others
      11.3.1.4.1. By Value (USD Million) 2022-2032F
      11.3.1.4.2. Market Share (%) 2022-2032F
      11.3.1.4.3. Y-o-Y Growth (%) 2022-2032F
  11.3.2.By Material
    11.3.2.1.Metal
      11.3.2.1.1. By Value (USD Million) 2022-2032F
      11.3.2.1.2. Market Share (%) 2022-2032F
      11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.2.2.Plastics
      11.3.2.2.1. By Value (USD Million) 2022-2032F
      11.3.2.2.2. Market Share (%) 2022-2032F
      11.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
    11.3.2.3.Rubber and Elastomer
      11.3.2.3.1. By Value (USD Million) 2022-2032F
      11.3.2.3.2. Market Share (%) 2022-2032F
      11.3.2.3.3. Y-o-Y Growth (%) 2022-2032F
    11.3.2.4.Ceramics and Composites
      11.3.2.4.1. By Value (USD Million) 2022-2032F
      11.3.2.4.2. Market Share (%) 2022-2032F
      11.3.2.4.3. Y-o-Y Growth (%) 2022-2032F
    11.3.2.5.Others
      11.3.2.5.1. By Value (USD Million) 2022-2032F
      11.3.2.5.2. Market Share (%) 2022-2032F
      11.3.2.5.3. Y-o-Y Growth (%) 2022-2032F
  11.3.3.By End-Use Industry
    11.3.3.1.Automotive
      11.3.3.1.1. By Value (USD Million) 2022-2032F
      11.3.3.1.2. Market Share (%) 2022-2032F
      11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.3.2.Construction
      11.3.3.2.1. By Value (USD Million) 2022-2032F
      11.3.3.2.2. Market Share (%) 2022-2032F
      11.3.3.2.3. Y-o-Y Growth (%) 2022-2032F
    11.3.3.3.Educational Institutions
      11.3.3.3.1. By Value (USD Million) 2022-2032F
      11.3.3.3.2. Market Share (%) 2022-2032F
      11.3.3.3.3. Y-o-Y Growth (%) 2022-2032F
    11.3.3.4.Others
      11.3.3.4.1. By Value (USD Million) 2022-2032F
      11.3.3.4.2. Market Share (%) 2022-2032F
      11.3.3.4.3. Y-o-Y Growth (%) 2022-2032F

12. NORTH AMERICA MATERIAL TESTING MARKET SIZE & FORECAST 2022A-2032F

12.1.Overview
12.2.Key Findings
12.3.Market Segmentation
  12.3.1.By Type
  12.3.2.By Material
  12.3.3.By End Use Industry
12.4.Country
  12.4.1.United States
  12.4.2.Canada

13. EUROPE MATERIAL TESTING MARKET SIZE & FORECAST 2022A-2032F

13.1.Overview
13.2.Key Findings
13.3.Market Segmentation
  13.3.1.By Type
  13.3.2.By Material
  13.3.3.By End Use Industry
13.4. Country
  13.4.1.Germany
  13.4.2.United Kingdom
  13.4.3.France
  13.4.4.Italy
  13.4.5.Spain
  13.4.6.Russia
  13.4.7.Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)

14. ASIA MATERIAL TESTING MARKET SIZE & FORECAST 2022A-2032F

14.1.Overview
14.2.Key Findings
14.3.Market Segmentation
  14.3.1.By Type
  14.3.2.By Material
  14.3.3.By End Use Industry
14.4. Country
  14.4.1.India
  14.4.2.China
  14.4.3.South Korea
  14.4.4.Japan
  14.4.5.Rest of APAC

15. MIDDLE EAST AND AFRICA MATERIAL TESTING MARKET SIZE & FORECAST 2022A-2032F

15.1.Overview
15.2.Key Findings
15.3. Market Segmentation
  15.3.1.By Type
  15.3.2.By Material
  15.3.3.By End Use Industry
15.4. Country
  15.4.1.Israel
  15.4.2.GCC
  15.4.3.North Africa
  15.4.4.South Africa
  15.4.5.Rest of Middle East and Africa

16. LATIN AMERICA MATERIAL TESTING MARKET SIZE & FORECAST 2022A-2032F

16.1.Overview
16.2.Key Findings
16.3.Market Segmentation
  16.3.1.By Type
  16.3.2.By Material
  16.3.3.By End Use Industry
16.4. Country
  16.4.1.Mexico
  16.4.2.Brazil
  16.4.3.Rest of Latin America

17. COMPETITIVE LANDSCAPE

17.1.Company market share, 2021
17.2.Key player overview
17.3.Key stakeholders

18. COMPANY PROFILES

18.1. ZwickRoell LP
  18.1.1.Company Overview
  18.1.2.Financial Overview
  18.1.3.Key Product; Analysis
  18.1.4.Company Assessment
    18.1.4.1.Product Portfolio
    18.1.4.2.Key Clients
    18.1.4.3.Market Share
    18.1.4.4.Recent News & Development (Last 3 Yrs.)
    18.1.4.5.Executive Team
18.2. MTS Systems Corporation
18.3. Shimadzu Corporation
18.4. Tinius Olsen
18.5. ADMET Inc
18.6. Qualitest Group
18.7. Struers
18.8. Hegewald & Peschke
18.9. OLYMPUS CORPORATION
18.10.AMETEK.Inc
18.11.Foundrax
18.12.Wirsam Scientific
18.13.Applied Test Systems
18.14.Mitutoyo Corporation
18.15.TA Instruments
18.16.Torontech Inc
18.17.Imatek
18.18.MISTRAS Group Inc
18.19.Other Prominent Players

19. APPENDIX

20. CONSULTANT RECOMMENDATION