According to our (Global Info Research) latest study, the global Universal Testing Machine market size was valued at US$ 447 million in 2024 and is forecast to a readjusted size of USD 598 million by 2031 with a CAGR of 4.3% during review period.
A universal testing machine is used to subject a material sample or structure to either tension or compression for the purposes of experimentally determining certain engineering properties or characteristics, other functions such as bending, shear. These properties generally deal with the yield strength of a material, ultimate or failure strength or a material or structure, or the stiffness and ductility of a material.
There are many manufacturers which sale Universal Testing Machine. MTS Systems, Instron, Jinan Shijin Group and ZwickRoell capture global top 4 revenue market share in the market. The world's top four companies account for more than 40% of the market share.
In this study, the market for Universal Testing Machine consumption divided into four geographic regions: In North America, total Universal Testing Machine accounted for 30%. In the Europe, total Universal Testing Machine accounted for 24%. The market in Asia Pacific Universal Testing Machine accounted for 40%, and in global other region 6%. Among all regions, APAC held the largest share of the Universal Testing Machine market. In addition, APAC is the fastest growing region of Universal Testing Machine market. Moreover, China is the largest contributor to the Asia Pacific.
On the basis of product type, the Hydraulic UTM segment is projected to account for the largest share during the forecast period; this segment was estimated to account for 70% global revenue share in 2024.
Industry driving force
1. Development of manufacturing industry: With the continuous development of global manufacturing industry, the demand for material testing and quality control is increasing, which directly promotes the development of universal testing machine industry.
2. Technological innovation: The continuous innovation of technology, especially the progress in automation, digitization and intelligence, has significantly improved the function and efficiency of universal testing machine, thus promoting the development of the industry.
3. Advances in materials science: With the continuous development of materials science, the demand for testing and analysis of new materials has increased. As an important testing equipment, the demand for universal testing machine has increased accordingly.
4. Globalization and international competition: In the context of globalization, enterprises need to continuously improve product quality and technical level in order to maintain competitiveness in the international market, which also promotes the development of universal testing machine industry.
This report is a detailed and comprehensive analysis for global Universal Testing Machine market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Universal Testing Machine market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2020-2031
Global Universal Testing Machine market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2020-2031
Global Universal Testing Machine market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2020-2031
Global Universal Testing Machine market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (USD/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Universal Testing Machine
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Universal Testing Machine market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include MTS Systems (Illinois Tool Work), Instron (Illinois Tool Work), ZwickRoell, GALDABINI, Hegewald & Peschke, FORM+TEST, 3R, Walter+Bai AG, HOYTOM, VECTOR, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Universal Testing Machine market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Electromechanical UTM
Hydraulic UTM
Market segment by Application
Automobile Manufacturing
Aviation and Military
Universities, Research laboratories and Institutes
Electronics
Metallurgical Smelting
Others
Major players covered
MTS Systems (Illinois Tool Work)
Instron (Illinois Tool Work)
ZwickRoell
GALDABINI
Hegewald & Peschke
FORM+TEST
3R
Walter+Bai AG
HOYTOM
VECTOR
AMETEK Sensors, Test & Calibration
STEP LAB
IBERTEST
Jinan Tianchen Testing Machine Manufacturing
TesT GmbH
LBG Srl
Laizhou Huayin Testing Instrument
Shandong Drick Instruments
SCITEQ
Applied Test Systems
Kehui Group
Shanghai Hualong Test Instruments
Ji'nan Shijin Group
Suns
Shimadzu
Changchun Kexin Test Instrument
wance Technologies
ADMET
Torontech Group
KLA-Tencor
Qualitest International
Tinius Olsen
Tianshui Hongshan Testing Machine
Shenzhen Reger Instrument
Hung Ta Instrument
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Universal Testing Machine product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Universal Testing Machine, with price, sales quantity, revenue, and global market share of Universal Testing Machine from 2020 to 2025.
Chapter 3, the Universal Testing Machine competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Universal Testing Machine breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Universal Testing Machine market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Universal Testing Machine.
Chapter 14 and 15, to describe Universal Testing Machine sales channel, distributors, customers, research findings and conclusion.
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