FEATURED COMPANIES
- Admet Inc.
- Applied Test Systems LLC
- Labquip
- Mitutoyo Corporation
- Shimadzu Corporation
- Wirsam Scientific
The global material testing market reached a value of US$ 5.8 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 7.8 Billion by 2027, exhibiting a CAGR of 5.11% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Material testing refers to the technique of measuring the physical, structural and mechanical properties of various materials and components. It is used for analyzing the behavior of metals, ceramics and plastics, under different conditions and for assessing if they are in optimal condition. Material testing can be classified as mechanical testing; thermal testing; resistance testing against corrosion, radiation and biological deterioration; and nondestructive testing. These tests are majorly conducted through universal, servo-hydraulic, hardness and impact test machines and are used for production, quality control, research, and laboratory applications. As a result, material testing finds extensive applications across various industries, such as automotive, aerospace & defense, construction, education, energy & power and oil & gas.
2. What is the global material testing market growth?
3. What are the global material testing market drivers?
4. What are the key industry trends in the global material testing market?
5. What is the impact of COVID-19 on the global material testing market?
6. What is the global material testing market breakup by type?
7. What is the global material testing market breakup by material?
8. What is the global material testing market breakup by end use industry?
9. What are the major regions in the global material testing market?
10. Who are the key companies/players in the global material testing market?
Material testing refers to the technique of measuring the physical, structural and mechanical properties of various materials and components. It is used for analyzing the behavior of metals, ceramics and plastics, under different conditions and for assessing if they are in optimal condition. Material testing can be classified as mechanical testing; thermal testing; resistance testing against corrosion, radiation and biological deterioration; and nondestructive testing. These tests are majorly conducted through universal, servo-hydraulic, hardness and impact test machines and are used for production, quality control, research, and laboratory applications. As a result, material testing finds extensive applications across various industries, such as automotive, aerospace & defense, construction, education, energy & power and oil & gas.
Material Testing Market Trends:
Rapid industrialization, along with significant growth in the construction sector, is one of the key factors creating a positive outlook for the market. Raw materials are tested for their mechanical properties to maintain or improve the quality of the products. For instance, in the construction industry, materials, such as adhesives, sealants, concretes, mortar, ceramics, slates, stones and pipes, are tested to check if they have the desired properties. In line with this, the manufacturing of innovative composites across various industries is also contributing to the market growth. Several technological advancements, such as the development of testing equipment with multi-stage testing capabilities and picture-video capture functionalities, are favoring the market growth. Other factors, including increasing product adoption by the medical sector to test material integrity, surface morphology and adhesion capacities, along with extensive research and development (R&D) activities, are anticipated to drive the market further.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global material testing market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, material and end use industry.Breakup by Type:
- Universal Testing Machines
- Servohydraulic Testing Machines
- Hardness Testing Machines
- Impact Testing Machines
- Non-Destructive Testing Machines
Breakup by Material:
- Metals and Alloys
- Plastics
- Rubber and Elastomers
- Ceramics and Composites
- Others
Breakup by End Use Industry:
- Automotive
- Construction
- Education
- Aerospace and Defense
- Oil and Gas
- Energy and Power
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Admet Inc., Ametek Inc., Applied Test Systems LLC, Illinois Tool Works Inc., Labquip, Mistras Group Inc., Mitutoyo Corporation, MTS Systems Corporation, Shimadzu Corporation, Tinius Olsen Ltd., Wirsam Scientific and ZwickRoell AG.Key Questions Answered in this Report
1. What is the market size for the global material testing market?2. What is the global material testing market growth?
3. What are the global material testing market drivers?
4. What are the key industry trends in the global material testing market?
5. What is the impact of COVID-19 on the global material testing market?
6. What is the global material testing market breakup by type?
7. What is the global material testing market breakup by material?
8. What is the global material testing market breakup by end use industry?
9. What are the major regions in the global material testing market?
10. Who are the key companies/players in the global material testing market?
Frequently Asked Questions about the Global Material Testing Market
What is the estimated value of the Global Material Testing Market?
What is the growth rate of the Global Material Testing Market?
What is the forecasted size of the Global Material Testing Market?
Who are the key companies in the Global Material Testing Market?
FEATURED COMPANIES
- Admet Inc.
- Applied Test Systems LLC
- Labquip
- Mitutoyo Corporation
- Shimadzu Corporation
- Wirsam Scientific
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Material Testing Market
6 Market Breakup by Type
7 Market Breakup by Material
8 Market Breakup by End Use Industry
9 Market Breakup by Region
10 SWOT Analysis
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
- Admet Inc.
- Ametek Inc.
- Applied Test Systems LLC
- Illinois Tool Works Inc.
- Labquip
- Mistras Group Inc.
- Mitutoyo Corporation
- MTS Systems Corporation
- Shimadzu Corporation
- Tinius Olsen Ltd.
- Wirsam Scientific
- ZwickRoell AG.
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