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 to grow from USD 413.3 million in 2023 to USD 557 million by 2032, exhibiting a CAGR of 3.4% during the forecast period.
The global shear testing equipment market refers to the equipment and instruments market used to 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 to reach USD 557 million, growing at a CAGR of 3.4% during forecast period owing to 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 to 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 to Boost the Growth of the Market
Risng Investments in Research and Development is Expected to 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 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.
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- 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
Research Assistance
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