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Material Testing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

  • ID: 5547174
  • Report
  • February 2022
  • Region: Global
  • 143 Pages
  • IMARC Group

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.

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?

The Global Material Testing Market was estimated to be valued at $5.8 Billion in 2021.

What is the growth rate of the Global Material Testing Market?

The growth rate of the Global Material Testing Market is 5.0%, with an estimated value of $7.8 Billion by 2027.

What is the forecasted size of the Global Material Testing Market?

The Global Material Testing Market is estimated to be worth $7.8 Billion by 2027.

Who are the key companies in the Global Material Testing Market?

Key companies in the Global Material Testing Market include Admet Inc., Ametek Inc., Applied Test Systems LLC, Illinois Tool Works Inc., Labquip, Mistras Group Inc., Mitutoyo Corporation, MTS Systems Corporation and Tinius Olsen Ltd..

FEATURED COMPANIES

  • Admet Inc.
  • Applied Test Systems LLC
  • Labquip
  • Mitutoyo Corporation
  • Shimadzu Corporation
  • Wirsam Scientific

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Material Testing Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Universal Testing Machines
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Servohydraulic Testing Machines
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Hardness Testing Machines
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Impact Testing Machines
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Non-Destructive Testing Machines
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Material
7.1 Metals and Alloys
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Plastics
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Rubber and Elastomers
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Ceramics and Composites
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by End Use Industry
8.1 Automotive
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Construction
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Education
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Aerospace and Defense
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Oil and Gas
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Energy and Power
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Others
8.7.1 Market Trends
8.7.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Admet Inc.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Ametek Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.3 Applied Test Systems LLC
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Illinois Tool Works Inc.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Labquip
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Mistras Group Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 Mitutoyo Corporation
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 MTS Systems Corporation
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.9 Shimadzu Corporation
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Tinius Olsen Ltd.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.11 Wirsam Scientific
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 ZwickRoell AG
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
List of Figures
Figure 1: Global: Material Testing Market: Major Drivers and Challenges
Figure 2: Global: Material Testing Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Material Testing Market: Breakup by Type (in %), 2021
Figure 4: Global: Material Testing Market: Breakup by Material (in %), 2021
Figure 5: Global: Material Testing Market: Breakup by End Use Industry (in %), 2021
Figure 6: Global: Material Testing Market: Breakup by Region (in %), 2021
Figure 7: Global: Material Testing Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 8: Global: Material Testing (Universal Testing Machines) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Material Testing (Universal Testing Machines) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Material Testing (Servohydraulic Testing Machines) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Material Testing (Servohydraulic Testing Machines) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Material Testing (Hardness Testing Machines) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Material Testing (Hardness Testing Machines) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Material Testing (Impact Testing Machines) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Material Testing (Impact Testing Machines) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Material Testing (Non-Destructive Testing Machines) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Material Testing (Non-Destructive Testing Machines) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Material Testing (Metals and Alloys) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Material Testing (Metals and Alloys) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Material Testing (Plastics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Material Testing (Plastics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Material Testing (Rubber and Elastomers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Material Testing (Rubber and Elastomers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Material Testing (Ceramics and Composites) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Material Testing (Ceramics and Composites) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Material Testing (Other Materials) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Material Testing (Other Materials) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Material Testing (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Material Testing (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Material Testing (Construction) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Material Testing (Construction) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Material Testing (Education) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Material Testing (Education) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Material Testing (Aerospace and Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Material Testing (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Material Testing (Oil and Gas) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Material Testing (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Material Testing (Energy and Power) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Material Testing (Energy and Power) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Material Testing (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Material Testing (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: North America: Material Testing Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: North America: Material Testing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: United States: Material Testing Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: United States: Material Testing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Canada: Material Testing Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Canada: Material Testing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Asia Pacific: Material Testing Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Asia Pacific: Material Testing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: China: Material Testing Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: China: Material Testing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Japan: Material Testing Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Japan: Material Testing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: India: Material Testing Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: India: Material Testing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: South Korea: Material Testing Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: South Korea: Material Testing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Australia: Material Testing Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Australia: Material Testing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Indonesia: Material Testing Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Indonesia: Material Testing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Others: Material Testing Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Others: Material Testing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Europe: Material Testing Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Europe: Material Testing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Germany: Material Testing Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Germany: Material Testing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: France: Material Testing Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: France: Material Testing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: United Kingdom: Material Testing Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: United Kingdom: Material Testing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Italy: Material Testing Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Italy: Material Testing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Spain: Material Testing Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Spain: Material Testing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Russia: Material Testing Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Russia: Material Testing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Others: Material Testing Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Others: Material Testing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Latin America: Material Testing Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Latin America: Material Testing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Brazil: Material Testing Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Brazil: Material Testing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Mexico: Material Testing Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Mexico: Material Testing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Others: Material Testing Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Others: Material Testing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Middle East and Africa: Material Testing Market: Sales Value (in Million US$), 2016 & 2021
Figure 89: Middle East and Africa: Material Testing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 90: Global: Material Testing Industry: SWOT Analysis
Figure 91: Global: Material Testing Industry: Value Chain Analysis
Figure 92: Global: Material Testing Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Material Testing Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Material Testing Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Material Testing Market Forecast: Breakup by Material (in Million US$), 2022-2027
Table 4: Global: Material Testing Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 5: Global: Material Testing Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Material Testing Market Structure
Table 7: Global: Material Testing Market: Key Players
  • 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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