Material Testing Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2019 - 2025

Report Code: CMR 47412 Report Format: PDF + Excel Database

Material Testing Market: Overview

As per the report by International Organization of Motor Vehicles Manufacturers, the total number of cars and commercial vehicles manufactured globally in 2018 surged to 91.53 million. The growth of the automotive industry is attributed with the development in the material testing market. Every single vehicles and its parts manufactured must go through testing procedure that is fueling the growth of the material testing market. Apart from the automotive industry, application segments of the material testing market expand to construction, aerospace and defense, medical devices, power, and others. The global material testing market value stood at $700 million in 2018. And, the compulsion laws to test each material for quality assurance will drive the market with compound annual growth rate (CAGR) of 4% during the forecast period of 2019-2025.

 

APAC is the positioned as the leading region in the material testing market. The rapid industrialization across emerging economies, expanding production capacities, and major upcoming projects are some of the factors fueling the material testing market. Furthermore, growing economies, increasing populations, and their living pattern are driving the defense, construction, automotive, and aerospace industries. This factors in turn is stroking the growth of the APAC material testing market with regional share of 25% as of 2018.

 

Material Testing Market: Outlook

Material testing is the technique that is used to determine the physical and mechanical properties of the components and raw materials used for manufacturing and construction of various products. Different material testing machines are available in the market are used to ensure the reliability, toxicity, strength, and resistivity.

 

Educational institutions is the leading application segment of the material testing market, owing to the accumulating research and developments activities by the student and professional researchers. Different individual and collective projects initiated by the educational institution teams along with industrial and institutions collaboration for product development is initiating the growth of the market and it will grow with a CAGR of 5% through to 2025.

 

Material Testing Market:  Growth Drivers

·         Automotive Industry

The increasing innovations in vehicles industry with electric vehicles, fuel-cell, hybrid-electric vehicles and integration of AI and IoT requires testing process to pass the product and the material used to ensure the consumers safety. The automotive industry is driving the material testing market.

·         Medical Devices

The material used for manufacturing of the critical medical devices and equipment requires many analysis before passing the product for sale in the market. The mounting growth of innovations in the medical sectors are giving rise to manufacturing of various medical equipment. The rising quantity of the devices also, demanding the material testing equipment that is influencing development of the material testing market.

·         Construction Industry

The growing consumers’ interest towards modern living and techniques are giving rise to more building and constructions. Furthermore, with advancement in the construction sector the trend of smart homes and security is fueling the demand for testing the quality and other properties of the technology. Different testing is requires for every material used in the construction. Therefore, demand for material testing came into existence which is attributed with growth in the material testing market.

·         Testing Equipment

The growing demand for material testing equipment such as universal testing machines, hardness test equipment, servo hydraulic testing machine, and impact test equipment and their extensive usage in various industries is encouraging the evolution in the material testing market.

 

Materials Texting Market: Trends

·         The new Nexygenplus material test and data analysis software is a multi-lingual materials testing software. The device is capable of multi-stage testing along with the features such as powerful security and picture-video capture function. The software support the automation testing hence the increase demand for such software and devices from various industries will leverage the growth of the market.

·         Use of the advanced microscopes for microanalysis and SEM equipment to analyze various surface features and inconsistency is been used from era and advance technology in microscope helped the device to continue the growth in the material testing market.

·         The growing advancements in materials labs for the selection of the materials, and to estimate the design of the product along with product verification with one single machine is consider to be space efficient that is boosting the demand of such machines which is impacting the growth of the material testing market.

·         X-rays are a powerful analytic tool to test the composition and structure of the material. The X-ray is cost effective machine than other tools used for the same purpose. The demand for X-ray diagnostic tool is fueling the demand of the market.

·         The development in tools with features such as statistical analysis of batch testing results, real time display of user defined data plots are boosting the market growth.

 

Materials Texting Market: Challenges

As the cloud, big data analysis and IOT are some emerging technology, and deployment of these technologies is the latest trend for almost all the industries. The material testing software requires to keep pace with these emerging techniques to facilities the market growth. The manufacturing vendors need to make material testing software with ability to work seamlessly with other enterprise level software solutions such as real-time sharing of data to improve operational efficiency and decision making. So, that the result can be shared for to ensure the product quality and fed back to manufacturer to improve strategy and manufacturing of the components and it will determine the success of upcoming products.

Materials Texting Market: Key Players Prespective

Some of the major players in the material testing market are Instron, Zwick Roell, MTS Systems, Shimadzu, TA Instruments, Torontech, Qualitest International, ETS Intarlaken, Struers, Humboldmfg, and EIE Instruments.

 

Material Testing Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the material testing market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of material testing market, and its segmentation on the basis of end user industries that include medical, construction, and educational.

 

Material Testing Market Report: Industry Coverage

The material testing market report also analyzes the major geographic regions as well as the major countries in these regions. The regions and countries covered in the study include:

North America: The U.S., Canada, Mexico

South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica

Europe: The U.K., Germany, Italy, France, the Netherlands, Belgium, Spain, Denmark

APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong

Middle East and Africa: Israel, South Africa, Saudi Arabia

 

Key Questions Addressed in the Material Testing Market Report

Is the market demand for material testing growing? How long will it continue to grow and at what rate?

Which type of material testing presents the major growth opportunities?

Is there a possibility for change in the market structure over time?

Are additional developments needed for the existing product or services offerings or do the existing products meet the customer demands?

Do the key vendors look for partnerships to expand their businesses with respect to geography or product?

What are the short-term, long-term, and medium-term growth drivers for the market?

What are the short-term, medium-term, and long-term challenges for the market?

What are the short-term, medium-term, and long-term opportunities for the market

Who are the top players/companies of the market?

What are the recent innovations in the market?

How many patents have been filed by the leading players?

What are the types of patents filed by the leading players?

What is our Vision 2030 for material testing market?

 

A Few Focus Points Of This Research Are Given Below:

Give a deep-dive analysis of the key operational strategies with focus on the corporate structure, R&D strategies, localization strategies, production capabilities, and sales performance of various companies

Provide an overview of the product portfolio, including product planning, development, and positioning

Discuss the role of technology companies in partnerships

Explore the regional sales activities

Analyze the market size and giving the forecast for current and future global material testing market during the forecast 2019–2025.

 

 

1. Material Testing Market - Overview
        1.1 Definitions and Scope
2. Material Testing Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Material Testing Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Material Testing Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Material Testing Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Material Testing Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Material Testing Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Material Testing Market - By Product Type(Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
            8.3.1 Universal Testing Machines
            8.3.2 Servohydraulic Testing Machines
            8.3.3 Hardness Testing Equipment
            8.3.4 Impact Testing Equipment
9. Material Testing Market - By Type(Market Size -$Million / $Billion)
10. Material Testing Market By End-Use Industry
10.1 Automotive
10.2 Construction
10.3 Educational Institutions
10.4 Aerospace & Defense
10.5 Medical Devices
10.6 Power
10.7 Others
11. Material Testing - By Application (Market Size -$Million / $Billion)
        11.1 Segment type Size and Market Share Analysis
        11.2 Application Revenue and Trends by type of Application
        11.3 Application Segment Analysis by Type
12. Material Testing- By Geography (Market Size -$Million / $Billion)
        12.1 Material Testing Market - North America Segment Research
        12.2 North America Market Research (Million / $Billion)
            12.2.1 Segment type Size and Market Size Analysis
            12.2.2 Revenue and Trends
            12.2.3 Application Revenue and Trends by type of Application
            12.2.4 Company Revenue and Product Analysis
            12.2.5 North America Product type and Application Market Size
                  12.2.5.1 U.S
                  12.2.5.2 Canada
                  12.2.5.3 Mexico
                  12.2.5.4 Rest of North America
        12.3 Material Testing- South America Segment Research
        12.4 South America Market Research (Market Size -$Million / $Billion)
            12.4.1 Segment type Size and Market Size Analysis
            12.4.2 Revenue and Trends
            12.4.3 Application Revenue and Trends by type of Application
            12.4.4 Company Revenue and Product Analysis
            12.4.5 South America Product type and Application Market Size
                  12.4.5.1 Brazil
                  12.4.5.2 Venezuela
                  12.4.5.3 Argentina
                  12.4.5.4 Ecuador
                  12.4.5.5 Peru
                  12.4.5.6 Colombia
                  12.4.5.7 Costa Rica
                  12.4.5.8 Rest of South America
        12.5 Material Testing- Europe Segment Research
        12.6 Europe Market Research (Market Size -$Million / $Billion)
            12.6.1 Segment type Size and Market Size Analysis
            12.6.2 Revenue and Trends
            12.6.3 Application Revenue and Trends by type of Application
            12.6.4 Company Revenue and Product Analysis
            12.6.5 Europe Segment Product type and Application Market Size
                  12.6.5.1 U.K
                  12.6.5.2 Germany
                  12.6.5.3 Italy
                  12.6.5.4 France
                  12.6.5.5 Netherlands
                  12.6.5.6 Belgium
                  12.6.5.7 Denmark
                  12.6.5.8 Spain
                  12.6.5.9 Rest of Europe
        12.7 Material Testing - APAC Segment Research
        12.8 APAC Market Research (Market Size -$Million / $Billion)
            12.8.1 Segment type Size and Market Size Analysis
            12.8.2 Revenue and Trends
            12.8.3 Application Revenue and Trends by type of Application
            12.8.4 Company Revenue and Product Analysis
            12.8.5 APAC Segment - Product type and Application Market Size
                  12.8.5.1 China
                  12.8.5.2 Australia
                  12.8.5.3 Japan
                  12.8.5.4 South Korea
                  12.8.5.5 India
                  12.8.5.6 Taiwan
                  12.8.5.7 Malaysia
                  12.8.5.8 Hong kong
                  12.8.5.9 Rest of APAC
        12.9 Material Testing - Middle East Segment and Africa Segment Research
        12.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            12.10.1 Segment type Size and Market Size Analysis
            12.10.2 Revenue and Trend Analysis
            12.10.3 Application Revenue and Trends by type of Application
            12.10.4 Company Revenue and Product Analysis
            12.10.5 Middle East Segment Product type and Application Market Size
                  12.10.5.1 Israel
                  12.10.5.2 Saudi Arabia
                  12.10.5.3 UAE
            12.10.6 Africa Segment Analysis
                  12.10.6.1 South Africa
                  12.10.6.2 Rest of Middle East & Africa
13. Material Testing Market - Entropy
        13.1 New product launches
        13.2 M&A s, collaborations, JVs and partnerships
14. Material Testing Market - Industry / Segment Competition landscape Premium
        14.1 Market Share Analysis
            14.1.1 Market Share by Country- Top companies
            14.1.2 Market Share by Region- Top 10 companies
            14.1.3 Market Share by type of Application - Top 10 companies
            14.1.4 Market Share by type of Product / Product category- Top 10 companies
            14.1.5 Market Share at global level - Top 10 companies
            14.1.6 Best Practises for companies
15. Material Testing Market - Key Company List by Country Premium
16. Material Testing Market Company Analysis
16.1 Market Share, Company Revenue, Products, M&A, Developments
16.2 ADMET
16.3 Ametek
16.4 Applied Test Systems
16.5 ETS Intarlaken
16.6 Hegewald & Peschke
16.7 Instron
16.8 Mitutoyo
16.9 MTS Systems
16.10 Qualitest International
16.11 Shimadzu
16.12 Struers
16.13 TA Instruments
16.14 Tinius Olsen
16.15 Torontech
16.16 Zwick Roell
16.17 Company 16
16.18 Company 17 & More
*Financials would be provided on a best efforts basis for private companies
17. Material Testing Market - Appendix
        17.1 Abbreviations
        17.2 Sources
18. Material Testing Market - Methodology
        18.1 Research Methodology
            18.1.1 Company Expert Interviews
            18.1.2 Industry Databases
            18.1.3 Associations
            18.1.4 Company News
            18.1.5 Company Annual Reports
            18.1.6 Application Trends
            18.1.7 New Products and Product database
            18.1.8 Company Transcripts
            18.1.9 R&D Trends
            18.1.10 Key Opinion Leaders Interviews
            18.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global Material Testing Market By Type Market 2019-2024 ($M)
1.1 Universal Testing Machines Market 2019-2024 ($M) - Global Industry Research
1.2 Servohydraulic Testing Machines Market 2019-2024 ($M) - Global Industry Research
1.3 Hardness Testing Equipment Market 2019-2024 ($M) - Global Industry Research
1.4 Impact Testing Equipment Market 2019-2024 ($M) - Global Industry Research
2.Global Material Testing Market By End-Use Industry Market 2019-2024 ($M)
2.1 Automotive Market 2019-2024 ($M) - Global Industry Research
2.2 Construction Market 2019-2024 ($M) - Global Industry Research
2.3 Educational Institutions Market 2019-2024 ($M) - Global Industry Research
2.4 Aerospace & Defense Market 2019-2024 ($M) - Global Industry Research
2.5 Medical Devices Market 2019-2024 ($M) - Global Industry Research
2.6 Power Market 2019-2024 ($M) - Global Industry Research
3.Global Material Testing Market By Type Market 2019-2024 (Volume/Units)
3.1 Universal Testing Machines Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Servohydraulic Testing Machines Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 Hardness Testing Equipment Market 2019-2024 (Volume/Units) - Global Industry Research
3.4 Impact Testing Equipment Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Material Testing Market By End-Use Industry Market 2019-2024 (Volume/Units)
4.1 Automotive Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Construction Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Educational Institutions Market 2019-2024 (Volume/Units) - Global Industry Research
4.4 Aerospace & Defense Market 2019-2024 (Volume/Units) - Global Industry Research
4.5 Medical Devices Market 2019-2024 (Volume/Units) - Global Industry Research
4.6 Power Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Material Testing Market By Type Market 2019-2024 ($M)
5.1 Universal Testing Machines Market 2019-2024 ($M) - Regional Industry Research
5.2 Servohydraulic Testing Machines Market 2019-2024 ($M) - Regional Industry Research
5.3 Hardness Testing Equipment Market 2019-2024 ($M) - Regional Industry Research
5.4 Impact Testing Equipment Market 2019-2024 ($M) - Regional Industry Research
6.North America Material Testing Market By End-Use Industry Market 2019-2024 ($M)
6.1 Automotive Market 2019-2024 ($M) - Regional Industry Research
6.2 Construction Market 2019-2024 ($M) - Regional Industry Research
6.3 Educational Institutions Market 2019-2024 ($M) - Regional Industry Research
6.4 Aerospace & Defense Market 2019-2024 ($M) - Regional Industry Research
6.5 Medical Devices Market 2019-2024 ($M) - Regional Industry Research
6.6 Power Market 2019-2024 ($M) - Regional Industry Research
7.South America Material Testing Market By Type Market 2019-2024 ($M)
7.1 Universal Testing Machines Market 2019-2024 ($M) - Regional Industry Research
7.2 Servohydraulic Testing Machines Market 2019-2024 ($M) - Regional Industry Research
7.3 Hardness Testing Equipment Market 2019-2024 ($M) - Regional Industry Research
7.4 Impact Testing Equipment Market 2019-2024 ($M) - Regional Industry Research
8.South America Material Testing Market By End-Use Industry Market 2019-2024 ($M)
8.1 Automotive Market 2019-2024 ($M) - Regional Industry Research
8.2 Construction Market 2019-2024 ($M) - Regional Industry Research
8.3 Educational Institutions Market 2019-2024 ($M) - Regional Industry Research
8.4 Aerospace & Defense Market 2019-2024 ($M) - Regional Industry Research
8.5 Medical Devices Market 2019-2024 ($M) - Regional Industry Research
8.6 Power Market 2019-2024 ($M) - Regional Industry Research
9.Europe Material Testing Market By Type Market 2019-2024 ($M)
9.1 Universal Testing Machines Market 2019-2024 ($M) - Regional Industry Research
9.2 Servohydraulic Testing Machines Market 2019-2024 ($M) - Regional Industry Research
9.3 Hardness Testing Equipment Market 2019-2024 ($M) - Regional Industry Research
9.4 Impact Testing Equipment Market 2019-2024 ($M) - Regional Industry Research
10.Europe Material Testing Market By End-Use Industry Market 2019-2024 ($M)
10.1 Automotive Market 2019-2024 ($M) - Regional Industry Research
10.2 Construction Market 2019-2024 ($M) - Regional Industry Research
10.3 Educational Institutions Market 2019-2024 ($M) - Regional Industry Research
10.4 Aerospace & Defense Market 2019-2024 ($M) - Regional Industry Research
10.5 Medical Devices Market 2019-2024 ($M) - Regional Industry Research
10.6 Power Market 2019-2024 ($M) - Regional Industry Research
11.APAC Material Testing Market By Type Market 2019-2024 ($M)
11.1 Universal Testing Machines Market 2019-2024 ($M) - Regional Industry Research
11.2 Servohydraulic Testing Machines Market 2019-2024 ($M) - Regional Industry Research
11.3 Hardness Testing Equipment Market 2019-2024 ($M) - Regional Industry Research
11.4 Impact Testing Equipment Market 2019-2024 ($M) - Regional Industry Research
12.APAC Material Testing Market By End-Use Industry Market 2019-2024 ($M)
12.1 Automotive Market 2019-2024 ($M) - Regional Industry Research
12.2 Construction Market 2019-2024 ($M) - Regional Industry Research
12.3 Educational Institutions Market 2019-2024 ($M) - Regional Industry Research
12.4 Aerospace & Defense Market 2019-2024 ($M) - Regional Industry Research
12.5 Medical Devices Market 2019-2024 ($M) - Regional Industry Research
12.6 Power Market 2019-2024 ($M) - Regional Industry Research
13.MENA Material Testing Market By Type Market 2019-2024 ($M)
13.1 Universal Testing Machines Market 2019-2024 ($M) - Regional Industry Research
13.2 Servohydraulic Testing Machines Market 2019-2024 ($M) - Regional Industry Research
13.3 Hardness Testing Equipment Market 2019-2024 ($M) - Regional Industry Research
13.4 Impact Testing Equipment Market 2019-2024 ($M) - Regional Industry Research
14.MENA Material Testing Market By End-Use Industry Market 2019-2024 ($M)
14.1 Automotive Market 2019-2024 ($M) - Regional Industry Research
14.2 Construction Market 2019-2024 ($M) - Regional Industry Research
14.3 Educational Institutions Market 2019-2024 ($M) - Regional Industry Research
14.4 Aerospace & Defense Market 2019-2024 ($M) - Regional Industry Research
14.5 Medical Devices Market 2019-2024 ($M) - Regional Industry Research
14.6 Power Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Material Testing Market Revenue, 2019-2024 ($M)
2.Canada Material Testing Market Revenue, 2019-2024 ($M)
3.Mexico Material Testing Market Revenue, 2019-2024 ($M)
4.Brazil Material Testing Market Revenue, 2019-2024 ($M)
5.Argentina Material Testing Market Revenue, 2019-2024 ($M)
6.Peru Material Testing Market Revenue, 2019-2024 ($M)
7.Colombia Material Testing Market Revenue, 2019-2024 ($M)
8.Chile Material Testing Market Revenue, 2019-2024 ($M)
9.Rest of South America Material Testing Market Revenue, 2019-2024 ($M)
10.UK Material Testing Market Revenue, 2019-2024 ($M)
11.Germany Material Testing Market Revenue, 2019-2024 ($M)
12.France Material Testing Market Revenue, 2019-2024 ($M)
13.Italy Material Testing Market Revenue, 2019-2024 ($M)
14.Spain Material Testing Market Revenue, 2019-2024 ($M)
15.Rest of Europe Material Testing Market Revenue, 2019-2024 ($M)
16.China Material Testing Market Revenue, 2019-2024 ($M)
17.India Material Testing Market Revenue, 2019-2024 ($M)
18.Japan Material Testing Market Revenue, 2019-2024 ($M)
19.South Korea Material Testing Market Revenue, 2019-2024 ($M)
20.South Africa Material Testing Market Revenue, 2019-2024 ($M)
21.North America Material Testing By Application
22.South America Material Testing By Application
23.Europe Material Testing By Application
24.APAC Material Testing By Application
25.MENA Material Testing By Application
26.Instron, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Zwick Roell, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.MTS Systems, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Shimadzu, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Tinius Olsen, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Ametek, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.ADMET, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Hegewald & Peschke, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Applied Test Systems, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Mitutoyo, Sales /Revenue, 2015-2018 ($Mn/$Bn)