Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Universal Testing Machine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Universal Testing Machine. This report contains market size and forecasts of Universal Testing Machine in global, including the following market information:
Global Universal Testing Machine Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Universal Testing Machine Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Universal Testing Machine companies in 2022 (%)
The global Universal Testing Machine market was valued at US$ 426.2 million in 2022 and is projected to reach US$ 568.8 million by 2029, at a CAGR of 4.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Universal Testing Machine key players include MTS, INSTRON, JINAN SHIJIN GROUP, Zwick/Roell, Shimadzu, etc. Global top five manufacturers hold a share over 45%. North America is the largest market, with a share over 30%, followed by China and Europe, both have a share over 55%. In terms of product, Hydraulic UTM is the largest segment, with a share over 65%. And in terms of application, the largest application is Automobile Manufacturing, with a share over 16%
We surveyed the Universal Testing Machine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Universal Testing Machine Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Universal Testing Machine Market Segment Percentages, by Type, 2022 (%)
Electromechanical UTM
Hydraulic UTM
Global Universal Testing Machine Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Universal Testing Machine Market Segment Percentages, by Application, 2022 (%)
Automobile Manufacturing
Aviation and Military
Universities, Research laboratories and Institutes
Electronics
Metallurgical Smelting
Others
Global Universal Testing Machine Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Universal Testing Machine Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Universal Testing Machine revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Universal Testing Machine revenues share in global market, 2022 (%)
Key companies Universal Testing Machine sales in global market, 2018-2023 (Estimated), (Units)
Key companies Universal Testing Machine sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ZwickRoell
MTS Systems
Instron
GALDABINI
Hegewald & Peschke
FORM+TEST
3R
Walter+Bai AG
HOYTOM
VECTOR
AMETEK Sensors, Test & Calibration
STEP LAB
Shimadzu
Tinius Olsen
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
Changchun Kexin Test Instrument
WANCE Group
ADMET
Torontech Group
KLA-Tencor
Qualitest International
Tianshui Hongshan Testing Machine
Shenzhen Reger
Hung Ta Instrument
Jinan Fine Testing Instrument
Jinan Liangong Testing Technology
Jinan Heng Rui Jin Testing Machine
Outline of Major Chapters:
Chapter 1: Introduces the definition of Universal Testing Machine, market overview.
Chapter 2: Global Universal Testing Machine market size in revenue and volume.
Chapter 3: Detailed analysis of Universal Testing Machine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Universal Testing Machine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Universal Testing Machine capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
