Shear Testing Equipment Market Size, Share, and Analysis, By Equipment Type (Automatic Shear Testing Equipment, Residual Shear Testing Equipment, Others), By End Use Industry (Manufacturing Industries, Construction, Research Laboratories, Educational Institutes, Others), and Regional Forecasts, 2022-2032
Shear Testing Equipment Market Size, Share, and Analysis, By Equipment Type (Automatic Shear Testing Equipment, Residual Shear Testing Equipment, Others), By End Use Industry (Manufacturing Industries, Construction, Research Laboratories, Educational Institutes, Others), and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Global Shear Testing Equipment Market size was USD 387.2 million in 2021 and projected t%li%grow from USD 413.3 million in 2023 t%li%USD 557 million by 2032, exhibiting a CAGR of 3.4% during the forecast period.
The global shear testing equipment market refers t%li%the equipment and instruments market used t%li%measure the shear strength of materials. Shear strength is the maximum amount of stress tolerated by a material before it breaks under a shear load. Shear testing equipment perform several tests with great accuracy & precision and is used in various industries like automotive, aerospace, manufacturing construction etc. The market players are focusing on improving the repeatability and reliability of the machines. Few common types of shear testing equipment are Automatic Shear Testing Equipment, Residual Shear Testing Equipment.
MARKET HIGHLIGHTS
Global Shear Testing Equipment Market is expected t%li%reach USD 557 million, growing at a CAGR of 3.4% during forecast period owing t%li%the rising demand for quality control of materials testing in various industries. Factors such as rising investments in research and development activities, growing awareness about the benefits of using advanced testing equipment, and growing acceptance of digitalization and automation technologies in the manufacturing industry are expected t%li%drive the growth of shear testing equipment market.
Shear Testing Equipment Market Segments:
Growth Drivers
Increasing Demand for Material Testing is Expected t%li%Boost the Growth of the Market
Risng Investments in Research and Development is Expected t%li%Boost the Growth of the Market
Restraint
High Equipment Cost May Hamper the Growth of the Market
Key Players
Global Laboratory Temperature Control Units Market is further segmented by region into:
PRODUCT OVERVIEW
Global Shear Testing Equipment Market size was USD 387.2 million in 2021 and projected t%li%grow from USD 413.3 million in 2023 t%li%USD 557 million by 2032, exhibiting a CAGR of 3.4% during the forecast period.
The global shear testing equipment market refers t%li%the equipment and instruments market used t%li%measure the shear strength of materials. Shear strength is the maximum amount of stress tolerated by a material before it breaks under a shear load. Shear testing equipment perform several tests with great accuracy & precision and is used in various industries like automotive, aerospace, manufacturing construction etc. The market players are focusing on improving the repeatability and reliability of the machines. Few common types of shear testing equipment are Automatic Shear Testing Equipment, Residual Shear Testing Equipment.
MARKET HIGHLIGHTS
Global Shear Testing Equipment Market is expected t%li%reach USD 557 million, growing at a CAGR of 3.4% during forecast period owing t%li%the rising demand for quality control of materials testing in various industries. Factors such as rising investments in research and development activities, growing awareness about the benefits of using advanced testing equipment, and growing acceptance of digitalization and automation technologies in the manufacturing industry are expected t%li%drive the growth of shear testing equipment market.
Shear Testing Equipment Market Segments:
- Equipment Type
- Automatic Shear Testing Equipment
- Residual Shear Testing Equipment
- Others
- End Use Industry
- Manufacturing Industries
- Construction
- Research Laboratories
- Educational Institutes
- Others
Growth Drivers
Increasing Demand for Material Testing is Expected t%li%Boost the Growth of the Market
Risng Investments in Research and Development is Expected t%li%Boost the Growth of the Market
Restraint
High Equipment Cost May Hamper the Growth of the Market
Key Players
- AMETEK.Inc.
- Shimadzu Corporation
- Humboldt Mfg. Co.
- Nordson Corporation
- HOVERLABS
- Controls S.p.A.
- EIE INSTRUMENTS PVT. LTD.
- INSTRON
- WANCE Group
- Zwick/Roell
- Shanghai Hualong
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
- 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%witness the fastest growth as well as t%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%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%the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
- 3-month post-sales analyst support.
1. EXECUTIVE SUMMARY
1.1.Regional Market Share
1.2. Business Trends
1.3. Global Shear Testing Equipment 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. Global Shear Testing Equipment Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. GLOBAL SHEAR TESTING EQUIPMENT 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. GLOBAL SHEAR TESTING EQUIPMENT MARKET
10.1.Overview
10.2. Historical Analysis (2016-2021)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. GLOBAL SHEAR TESTING EQUIPMENT MARKET SIZE & FORECAST 2022A-2032F
11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Equipment Type
11.3.1.1. Automatic Shear Testing Equipment
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.Residual Shear Testing Equipment
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.Others
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
11.3.2. By End Use Industry
11.3.2.1.Manufacturing Industries
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. Construction
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. Research Laboratories
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. Educational Institutes
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
12. NORTH AMERICA SHEAR TESTING EQUIPMENT MARKET SIZE & FORECAST 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Equipment Type
12.3.2.By End Use Industry
12.4. Country
12.4.1.United States
12.4.2. Canada
13. EUROPE SHEAR TESTING EQUIPMENT MARKET SIZE & FORECAST 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Equipment Type
13.3.2.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 SHEAR TESTING EQUIPMENT MARKET SIZE & FORECAST 2022A-2032F
14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Equipment Type
14.3.2. 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 SHEAR TESTING EQUIPMENT MARKET SIZE & FORECAST 2022A-2032F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Equipment Type
15.3.2.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 SHEAR TESTING EQUIPMENT MARKET SIZE & FORECAST 2022A-2032F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Equipment Type
16.3.2.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. AMETEK.Inc.
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. Shimadzu Corporation
18.3. Humboldt Mfg. Co.
18.4.Nordson Corporation
18.5. HOVERLABS
18.6. Controls S.p.A.
18.7. EIE INSTRUMENTS PVT. LTD.
18.8.INSTRON
18.9. WANCE Group
18.10.Zwick/Roell
18.11.Shanghai Hualong
18.12.Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
1.1.Regional Market Share
1.2. Business Trends
1.3. Global Shear Testing Equipment 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. Global Shear Testing Equipment Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. GLOBAL SHEAR TESTING EQUIPMENT 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. GLOBAL SHEAR TESTING EQUIPMENT MARKET
10.1.Overview
10.2. Historical Analysis (2016-2021)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. GLOBAL SHEAR TESTING EQUIPMENT MARKET SIZE & FORECAST 2022A-2032F
11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Equipment Type
11.3.1.1. Automatic Shear Testing Equipment
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.Residual Shear Testing Equipment
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.Others
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
11.3.2. By End Use Industry
11.3.2.1.Manufacturing Industries
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. Construction
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. Research Laboratories
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. Educational Institutes
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
12. NORTH AMERICA SHEAR TESTING EQUIPMENT MARKET SIZE & FORECAST 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Equipment Type
12.3.2.By End Use Industry
12.4. Country
12.4.1.United States
12.4.2. Canada
13. EUROPE SHEAR TESTING EQUIPMENT MARKET SIZE & FORECAST 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Equipment Type
13.3.2.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 SHEAR TESTING EQUIPMENT MARKET SIZE & FORECAST 2022A-2032F
14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Equipment Type
14.3.2. 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 SHEAR TESTING EQUIPMENT MARKET SIZE & FORECAST 2022A-2032F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Equipment Type
15.3.2.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 SHEAR TESTING EQUIPMENT MARKET SIZE & FORECAST 2022A-2032F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Equipment Type
16.3.2.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. AMETEK.Inc.
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. Shimadzu Corporation
18.3. Humboldt Mfg. Co.
18.4.Nordson Corporation
18.5. HOVERLABS
18.6. Controls S.p.A.
18.7. EIE INSTRUMENTS PVT. LTD.
18.8.INSTRON
18.9. WANCE Group
18.10.Zwick/Roell
18.11.Shanghai Hualong
18.12.Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
