The global Material Testing Equipment market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Material Testing Equipment market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Material Testing Equipment market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Material Testing Equipment market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The growing demand for high-quality materials from the manufacturing industry is driving the material testing market, while wastage of materials and resources during the test process restrain its demand in the small-scale industry.
This report aims to provide a comprehensive presentation of the global market for Material Testing Equipment, 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 Material Testing Equipment. This report contains market size and forecasts of Material Testing Equipment in global, including the following market information:
- Global Material Testing Equipment Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global Material Testing Equipment Market Sales, 2018-2023, 2024-2030, (Units)
- Global top five Material Testing Equipment companies in 2022 (%)
Power is projected to be the fastest-growing segment of the material testing market. The growth of this segment is attributed to increasing investments in the wind energy sector by emerging economies. Material testing equipment is used in the power industry to conduct and analyze tensile, compressive, and shear tests to understand its mechanical property.?
We surveyed the Material Testing Equipment 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 Material Testing Equipment Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (Units)
Global Material Testing Equipment Market Segment Percentages, by Type, 2022 (%)
- Soils Testing Equipment
- Asphalt Testing Equipment
- Chemicals Testing Equipment
- Others
Global Material Testing Equipment Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (Units)
Global Material Testing Equipment Market Segment Percentages, by Application, 2022 (%)
- Automotive
- Construction
- Educational Institutions
- Others
Global Material Testing Equipment Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (Units)
Global Material Testing Equipment Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Material Testing Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Material Testing Equipment revenues share in global market, 2022 (%)
- Key companies Material Testing Equipment sales in global market, 2018-2023 (Estimated), (Units)
- Key companies Material Testing Equipment sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Instron
- Zwick Roell
- Mts Systems
- Shimadzu
- Tinius Olsen
- Ametek
- Admet
- Hegewald & Peschke
- Applied Test Systems
- Mitutoyo
- Ta Instruments
- Torontech
- Qualitest International
- Ets Intarlaken
- Struers
Outline of Major Chapters:
Chapter 1: Introduces the definition of Material Testing Equipment, market overview.
Chapter 2: Global Material Testing Equipment market size in revenue and volume.
Chapter 3: Detailed analysis of Material Testing Equipment 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 Material Testing Equipment 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 Material Testing Equipment 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.
