India Material Testing Market By Type (Universal Testing Machines, Servo Hydraulic Testing Machines, Plastic Film Capacitor and Others), By Material (Metal, Plastics, Ceramics), By End-User Industry (Construction, Aerospace & Défense, Automotive, Computer & Peripheral and Power), By Region, Competition, Forecast & Opportunities, 2029F 2029

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format

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India Material Testing Market By Type (Universal Testing Machines, Servo Hydraulic Testing Machines, Plastic Film Capacitor and Others), By Material (Metal, Plastics, Ceramics), By End-User Industry (Construction, Aerospace & Défense, Automotive, Computer & Peripheral and Power), By Region, Competition, Forecast & Opportunities, 2029F 2029

India Material Testing market

The market is further driven by rising demand for improved power quality, increased adoption of renewable energy sources, increasing number of power plants and the modernization of existing power infrastructure are likely to boost market expansion. The market is highly fragmented, with numerous local and global firms. Product innovation, partnerships, and collaborations are just a few of the primary techniques used by these firms to improve their market position.

Growth of the automotive and aerospace industries drive the market of the material testing services.

The growth of the automotive and aerospace industries in India has also increased the demand for material testing services.

With technological advancements such as electric vehicles (EVs), autonomous driving, and lightweight materials, the automotive industry is constantly evolving. Material testing is essential for ensuring the longevity, crashworthiness, and overall performance of automotive components. Materials such as metals, composites, plastics, and adhesives are tested for flexible strength, fatigue resistance, impact resistance, corrosion resistance, and thermal properties. The demand for material testing services is increasing as the automotive industry continues to innovate and introduce new materials and designs. The automotive industry requires the testing of various components and parts used in the manufacturing process. With the focus on making India a manufacturing hub, the demand for material testing services is expected to increase further.

The aerospace industry requires materials that are exceptionally strong, reliable, and resistant to extreme conditions. To ensure the safety and performance of aircraft components and structures, they are rigorously tested. Material testing services are used to assess the properties of materials such as strength, stiffness, heat resistance, fatigue resistance, and non-destructive testing (NDT) to detect any defects or flaws. The aerospace industry is expanding in response to rising demand for air travel, creating a greater demand for material testing services.

Download Free Sample ReportSignificant increase in infrastructure development across the country

One of the primary drivers of the India material testing market is the significant increase in infrastructure development across the country. The government has launched several initiatives such as the Smart Cities Mission, Housing for All, and Atmanirbhar Bharat Abhiyan to promote infrastructure development. These initiatives have created a significant demand for material testing services to ensure that the materials used in these projects meet the required standards. The construction industry is the largest end-user of material testing services in India, and this is expected to continue during the forecast period.

Increasing awareness about the importance of quality control and quality assurance

Increasing awareness about the importance of quality control and quality assurance is another key driver of the India material testing market. Industries are becoming more conscious about the quality of their products and services and material testing plays a crucial role in ensuring that the quality standards are met. In industries such as pharmaceuticals and food processing, material testing is essential to ensure that the products meet the required quality and safety standards.

Adoption of advanced technologies

Material testing refers to the process of measuring and analysing the physical and chemical properties of different materials to ensure quality, durability, and safety. The need for reliable and accurate testing has increased with the growing demand for high-quality products across various industries, such as construction, automotive, aerospace, and manufacturing. The adoption of advanced technologies is another key driver of the India material testing market. Non-destructive testing (NDT) is becoming increasingly popular as it allows the inspection of materials without causing any damage. There has also been a rise in the use of automation in material testing, which helps to reduce the time and cost involved in the testing process. The use of advanced technologies is expected to improve the efficiency and accuracy of material testing services.

Furthermore, the use of advanced sensors, instruments, and equipment has made testing more precise, resulting in more accurate and reliable data. This has been a significant factor in the growth of India's material testing market.


MIR Segment1

Regulatory Compliance

Regulatory compliance is another key driver of the India material testing market. Various industries such as pharmaceuticals, food processing, and automotive are subject to strict regulatory requirements, and material testing is essential to ensure compliance with these regulations. Material testing also helps to reduce the risk of liability and ensure the safety of products and structures.

Lack of standardization in testing methods and shortage of skilled professionals are significant challenge.

One of the significant challenges facing the India material testing market is the lack of standardized testing methods. There is a need for the development of standardized testing procedures that can be adopted by all testing laboratories. This helps in ensuring consistency in the testing process and improve the reliability of the results.

Another challenge is the shortage of skilled professionals in the material testing industry. The industry requires highly skilled technicians and engineers who can perform complex tests and interpret the results accurately. However, there is a shortage of trained professionals, and this is affecting the quality of testing services. Moreover, the high cost of material testing services is also a significant challenge for many industries. Material testing can be expensive, and this can be a deterrent for smaller companies that may not have the budget to invest in these services. There is a need for more affordable testing options that can be accessed by a wider range of industries.

Recent Development

  • In December 2022,AMETEK India, a subsidiary of AMETEK Inc., announced the opening of a new,facility in Bengaluru that would improve support for its customers in India andaround the world.
  • In January 2020,NSIC and M/s Mitutoyo South Asia Pvt Ltd havecollaborated in the field of industrial metrology to supply trained labour toMSME units and create jobs through training on the newest technical CoordinateMeasuring Machines (CMM).

Market Segments

The India Material Testing market is segmented into type, material, end user industry and region. Based on type, the market is further segmented into universal testing machines, servo hydraulic testing machines, plastic film capacitor and others. Based on material, the market is further divided into metal, plastics and ceramics.


MIR Regional

Market Players

Major market players in

Attribute

Details

Base Year

2023

Historic Data

2019 â€“ 2022

Estimated Year

2024

Forecast Period

2025 – 2029

Quantitative Units

Revenue in USD Million, and CAGR for 2019-2023 and 2024-2029

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments covered

By Type

By Material

By End-User Industry

By Region

Regional scope

East India, West India, North India, South India

Key companies profiled

Ametek India, Applied Test Systems, MTS Systems Corporation, ZwickRoell Pvt. Ltd, Powercap Capacitors Pvt. Ltd, Instron India Private Limited, L&T Technology Services Limited, Mitutoyo South Asia Limited, Tinius Olsen India Pvt. Ltd, Shimadzu Corporation

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