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),

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


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

PRODUCT OVERVIEW

The Global Material Testing market size was USD 724.1 million in 2021 and projected to grow from USD 800.6 million in 2023 to 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 to analyze the properties and behavior of ceramics, metals, and plastic, under different conditions and to assessing their functioning at optimal condition. Material testing can be classified based on type, material, and end use into 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 to reach USD 1,267.9 million at a CAGR of 5.2% during forecast period. Material testing is a process used to 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 to the raise of market.

Global Material Testing Market Segments:
  • By Type
  • Universal Testing Machines
  • Servo 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 to Boost the Growth of the Market

Wide Applications in Various Industries is Expected to 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
  • Mitutoyo 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 to 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 to witness the fastest growth as well as to 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 to 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 into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 3-month post-sales analyst support.


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

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