Global Material Testing Market is expected to grow at CAGR of over 4% owing to growing demand from automotive, aerospace & Défense and construction industries, increasing necessity to meet manufacturing standards and increasing educational research activities globally. Based on type, the material testing market is segmented into universal testing machines, servo hydraulic testing machines, hardness test equipment and impact test equipment. In 2021, the Universal testing machines has the largest market share due to its wide usage in various industries, ability to perform for various materials and easy & cheap availability. Based on region, the material testing market has been segmented into Asia Pacific, North America, Europe & CIS, South America and Middle East & Africa. Asia Pacific is the largest and fastest-growing market for material testing owing to the increasing educational research activities and growing industrialization.
Some of the leading players in the global Material Testing market are MTS Systems, Zwick Roell, Instron, ADMET, Ametek, Applied Test Systems, Mitutoyo, Tinius Olsen, Shimadzu, Hegewald & Peschke etc.
Objective of the Study
- To analyse and forecast the market size of Material Testing, in terms of value.
- To classify and forecast global Material Testing based on type, material, End-use industry and regional distribution.
- To identify drivers and challenges for Global Material Testing.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Material Testing.
- To conduct the pricing analysis for Material Testing.
- To identify and analyse the profile of leading players involved in the manufacturing of Global Material Testing.
Click here to download the sample
Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of manufacturers across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the manufacturers which could not be identified due to the limitations of secondary research. Market Insights Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across the globe.
Market Insights Research calculated the market size of global
Key Target Audience
- Manufacturers of Heat Transfer Fluids
- Chemical Suppliers
- Raw Material Suppliers
- Distributors & Suppliers
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2021 |
| Historical Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Type · Material · End User Industry |
| Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
| Country scope | United States, Mexico, Canada, China, India, Japan, Australia; Singapore; Malaysia, Germany, France, United Kingdom, Poland, Austria, Romania, Netherlands, South Africa, UAE, Saudi Arabia, Qatar; Brazil, Argentina, Colombia; |
| Key companies profiled | MTS Systems, Zwick Roell, Instron, ADMET, Ametek, Applied Test Systems, Mitutoyo, Tinius Olsen, Shimadzu, Hegewald & Peschke. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
