Quick Summary:
In the emerging global marketplace, the Test Benches market holds significant growth potential, projected to hit $2 billion by 2030. Comprehensive insights into this promising market can be found in our in-depth market research report, providing invaluable intelligence for senior business executives considering business expansion or strategic planning.
Our report offers detailed analysis on the Test Benches market landscape, highlighting key segments such as the Motorized and Manual segments. It offers country-level insights, featuring markets like the U.S, China, Japan, Canada and Germany, while profiling leading competitors in this field. Specifically, it explores market trends, competitor percentage market shares, and geographic market presence to give readers a comparative edge.
With a commitment to creating a truly collaborative and interactive environment for our readers, our research platform offers online peer-to-peer bespoke updates and access to digital archives. Additionally, our report comes with complimentary updates for one year to ensure you remain current on market developments.
Global Test Benches Market to Reach $2 Billion by 2030
The global market for Test Benches estimated at US$1.2 Billion in the year 2022, is projected to reach a revised size of US$2 Billion by 2030, growing at a CAGR of 6.8% over the analysis period 2022-2030. Motorized, one of the segments analyzed in the report, is projected to record 6.6% CAGR and reach US$1.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Manual segment is readjusted to a revised 7.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $317.8 Million, While China is Forecast to Grow at 10.6% CAGR
The Test Benches market in the U.S. is estimated at US$317.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$439.9 Million by the year 2030 trailing a CAGR of 10.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4% and 5.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.Select Competitors (Total 37 Featured) -
- AMETEK Sensors Test & Calibration
- ATEQ
- Blum-Novotest
- dSPACE GmbH
- ETH-messtechnik gmbh
- Haven Automation Ltd.
- IAG Industrie Automatisierungsgesellschaft m.b.H.
- IMADA Incorporated
- KERN & SOHN GmbH
- Mark-10
- MCD Elektronik GmbH
- Mecmesin
- Nidec Industrial Solutions
- Robert Bosch GmbH
- Think PC Progetti
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Test Benches?
What is the growth rate of the Global Market for Test Benches?
What is the forecasted size of the Global Market for Test Benches?
Who are the key companies in the Global Market for Test Benches?
| Report Attribute | Details |
|---|---|
| No. of Pages | 93 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 1.2 Billion |
| Forecasted Market Value ( USD | $ 2 Billion |
| Compound Annual Growth Rate | 6.6% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- AMETEK Sensors Test & Calibration
- ATEQ
- Blum-Novotest
- dSPACE GmbH
- ETH-messtechnik gmbh
- Haven Automation Ltd.
- IAG Industrie Automatisierungsgesellschaft m.b.H.
- IMADA Incorporated
- KERN & SOHN GmbH
- Mark-10
- MCD Elektronik GmbH
- Mecmesin
- Nidec Industrial Solutions
- Robert Bosch GmbH
- Think PC Progetti
