Composites Testing Market by Product Type (Fiber Composites, Matrix Composites), Testing Method (Destructive, Non-destructive), Application - Global Forecast 2024-2030

Composites Testing Market by Product Type (Fiber Composites, Matrix Composites), Testing Method (Destructive, Non-destructive), Application - Global Forecast 2024-2030


The Composites Testing Market size was estimated at USD 2.44 billion in 2023 and expected to reach USD 2.60 billion in 2024, at a CAGR 6.68% to reach USD 3.84 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Composites Testing Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Composites Testing Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Composites Testing Market, highlighting leading vendors and their innovative profiles. These include Airbus Industries, Applus Services, S.A, ASTM International, ATM Qness GmbH, Curtiss-Wright Corporation, Eddyfi Technologies, Element Materials Technology, Endeavor Composites, Inc., Henkel AG and Co. KGaA, Instron by Illinois Tool Works Inc., Intertek Group plc, Mistras Group Inc., Pacorr Testing Instruments Pvt. Ltd., Presto Stantest Pvt. Ltd., SPECTRA LAB INSTRUMENTS PVT.LTD., Westmoreland Mechanical Testing & Research, Inc., and ZwickRoell LP.

Market Segmentation & Coverage


This research report categorizes the Composites Testing Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product Type
Fiber Composites
Continuous

Discontinuous
Matrix Composites
Ceramic

Polymer
Testing Method
Destructive
Non-destructive
Application
Aerospace & Defense
Building & Construction
Electricals & Electronics
Sporting Goods
Transportation
Wind Energy
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Composites Testing Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Composites Testing Market?
3. What are the technology trends and regulatory frameworks in the Composites Testing Market?
4. What is the market share of the leading vendors in the Composites Testing Market?
5. Which modes and strategic moves are suitable for entering the Composites Testing Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Composites Testing Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing demand for high-strength and lightweight composite materials
5.1.1.2. Stringent regulatory standards for testing of composite materials
5.1.1.3. Need to ensure the safety and reliability of composite materials
5.1.2. Restraints
5.1.2.1. High initial cost of advanced composite testing equipment
5.1.3. Opportunities
5.1.3.1. Demand for non-destructive composite testing methods
5.1.3.2. Rapid expansion of renewable energy generation projects
5.1.4. Challenges
5.1.4.1. Complexity in the testing of large-scale structures
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Composites Testing Market, by Product Type
6.1. Introduction
6.2. Fiber Composites
6.3.1. Continuous
6.3.2. Discontinuous
6.3. Matrix Composites
6.4.1. Ceramic
6.4.2. Polymer
7. Composites Testing Market, by Testing Method
7.1. Introduction
7.2. Destructive
7.3. Non-destructive
8. Composites Testing Market, by Application
8.1. Introduction
8.2. Aerospace & Defense
8.3. Building & Construction
8.4. Electricals & Electronics
8.5. Sporting Goods
8.6. Transportation
8.7. Wind Energy
9. Americas Composites Testing Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Composites Testing Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Composites Testing Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Airbus Industries
13.1.2. Applus Services, S.A
13.1.3. ASTM International
13.1.4. ATM Qness GmbH
13.1.5. Curtiss-Wright Corporation
13.1.6. Eddyfi Technologies
13.1.7. Element Materials Technology
13.1.8. Endeavor Composites, Inc.
13.1.9. Henkel AG and Co. KGaA
13.1.10. Instron by Illinois Tool Works Inc.
13.1.11. Intertek Group plc
13.1.12. Mistras Group Inc.
13.1.13. Pacorr Testing Instruments Pvt. Ltd.
13.1.14. Presto Stantest Pvt. Ltd.
13.1.15. SPECTRA LAB INSTRUMENTS PVT.LTD.
13.1.16. Westmoreland Mechanical Testing & Research, Inc.
13.1.17. ZwickRoell LP
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. COMPOSITES TESTING MARKET RESEARCH PROCESS
FIGURE 2. COMPOSITES TESTING MARKET SIZE, 2023 VS 2030
FIGURE 3. COMPOSITES TESTING MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. COMPOSITES TESTING MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. COMPOSITES TESTING MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. COMPOSITES TESTING MARKET DYNAMICS
FIGURE 7. COMPOSITES TESTING MARKET SIZE, BY PRODUCT TYPE, 2023 VS 2030 (%)
FIGURE 8. COMPOSITES TESTING MARKET SIZE, BY PRODUCT TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. COMPOSITES TESTING MARKET SIZE, BY TESTING METHOD, 2023 VS 2030 (%)
FIGURE 10. COMPOSITES TESTING MARKET SIZE, BY TESTING METHOD, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. COMPOSITES TESTING MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 12. COMPOSITES TESTING MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS COMPOSITES TESTING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS COMPOSITES TESTING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES COMPOSITES TESTING MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES COMPOSITES TESTING MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC COMPOSITES TESTING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC COMPOSITES TESTING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA COMPOSITES TESTING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA COMPOSITES TESTING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. COMPOSITES TESTING MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. COMPOSITES TESTING MARKET SHARE, BY KEY PLAYER, 2023

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