Material Testing Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Global Material Testing Market By Test Type (Adhesion Testing, Bending / Flexural Testing, Coefficient of Friction Testing, Compression Testing and Others) By Equipment (Universal Testing Machines, Servo Hydraulic Testing Machines, Hardness Testing Machines, Impact Testing Machines and Others), By Material (Alloys, Polymers, Rubber, Metals, And Others), By End Users Industry (Building or Aircraft Construction, Machinery, Packaging and Others) and Geography

 

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Report

Description

Global Material Testing Market was valued at USD 633.7 Million in 2021 and is anticipated to grow at USD 785.8 Million till 2028 recording a CAGR of 4.5% during the forecast period 2022-2028. The global material testing market estimated to be expand at significant CAGR over 2022-2028 owing to increasing requirement related to manufacturing standards for all fields and increasing educational research activities. Moreover, increasing adoption of material testing by using different materials such as alloys, polymers, rubber, metals and using different types of raw materials and testing their mechanical strength to improve and maintain the quality are drive the growth of this industry market.. But, high cost of equipment of material testing and lack of skilled operators may hinder the market growth. In August 2019, MTS appointed new distributors in Thailand, Central America and Eastern Europe and in November 2019, MTS Expands Presence in Wind Energy and Aerospace Markets through acquisition of Danish engineering firm. On November 25, 2019, Moog and Danfoss has announced servo press drive system collaboration at SPS

Key Development : 

In February 2020, Materials testing equipment and software developer Instron announced the launch of the Torsion Add-On 3.0 for universal testing systems.

 


Global Material Testing Market

MARKET SUMMARY
-
4.5%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 4.5%
  • Largest Market– North America
  • Fastest Growing Market– Asia-Pacific

Material Testing Market

  •  The report on material trail market gives historical, current, and future market sizes (US$ Mn) on the basis of test type, equipment, material, end users industry, and region.
  • This report studies material testing market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
  • In addition, this industry market report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition.
  • Moreover, PBI analyzed material testing market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).
  • Key stakeholders of this industry market report include suppliers, manufacturers, and marketers, policy makers engaged in global external fixator products.
Market Key Players
  • MTS Systems Corporation
  • Olympus Corporation
  • Mistras Group, Inc.
  • Shimadzu Corporation
  • Zwick Roell
  • Shimadzu
  • Tinius Olsen
  • Moog Inc.
  • Ametek Inc.
  • CMT Equipments
  • Applied Test Systems
  • Denison Mayes Group
Growth

Material Testing Market

Material testing has wide range applications such as aerospace & defense, automotive, educational institution, and construction areas. Development of smart cities, fast urbanization and progress in infrastructural developments in emerging economies are some of the factors for growth of this industry market. Increase in technological advancement in material science is the drive the growth of this industry market over forecast period.


North-America Got Significant Share

Material Testing Market

Material Testing market report gives comprehensive outlook on material testing across the globe with special emphasis on key region ns such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis, North America has expected to dominate the revenue share due to advanced equipment availability and growing R&D sector of material science. Other regions are also contributing for grow the market of material testing industry such as Asia pacific, Europe, and Latin America etc. Asia Pacific is the largest and fastest-growing market, due to the growing industrialization and rising educational research activities in this region.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

KEY FEATURES OF THE REPORT

  • The report provides granular level information about the market size, regional market share, historic market (2016 to 2021) and forecast (2022 to 2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Key

Key Findings of the Report

Material Testing Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content

Table of Content

  1. Executive Summary
  2. Global Material Testing Market Introduction
    • Global Material Testing Market – Taxonomy
    • Global Material Testing Market –Definitions
      • Test Type
      • Equipment
      • Material
      • End Users Industry
  1. Global Material Testing Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Material Testing Market Dynamic Factors – Impact Analysis
    • Global Material Testing Market – Competition Landscape
  2. Global Material Testing Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025
    • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Material Testing Market, By Test Type, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Adhesion Testing
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Bending / Flexural Testing
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Coefficient of Friction Testing
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Compression Testing
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Material Testing Market, By Equipment, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Universal Testing Machines
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Servo Hydraulic Testing Machines
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Hardness Testing Machines
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Impact Testing Machines
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Material Testing Market, By Material, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Alloys
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Polymers
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Rubber
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Metals
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Material Testing Market, By End Users Industry, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Building or Aircraft Construction
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Machinery
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Packaging
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Microfiber Synthetic Leather Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Material Testing Market – Opportunity Analysis Index, By Test Type, Equipment, Material, End Users Industry and Region 2019 – 2025
  2. North America Material Testing Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Test Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Adhesion Testing
      • Bending / Flexural Testing
      • Coefficient of Friction Testing
      • Compression Testing
      • Others
    • Equipment Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Universal Testing Machines
      • Servo Hydraulic Testing Machines
      • Hardness Testing Machines
      • Impact Testing Machines
      • Others
    • Material Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Alloys
      • Polymers
      • Rubber
      • Metals
      • Others
    • End Users Industry Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Building or Aircraft Construction
      • Machinery
      • Packaging
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US
      • Canada
    • North America Material Testing Market – Opportunity Analysis Index, By Type, Equipment, Material, End Users Industry and Country, 2019 – 2025
    • North America Material Testing Market Dynamics – Trends
  3. Europe Material Testing Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Test Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Adhesion Testing
      • Bending / Flexural Testing
      • Coefficient of Friction Testing
      • Compression Testing
      • Others
    • Equipment Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Universal Testing Machines
      • Servo Hydraulic Testing Machines
      • Hardness Testing Machines
      • Impact Testing Machines
      • Others
    • Material Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Alloys
      • Polymers
      • Rubber
      • Metals
      • Others
    • End Users Industry Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Building or Aircraft Construction
      • Machinery
      • Packaging
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Material Testing Market – Opportunity Analysis Index, By Test Type, Equipment, Material, End Users Industry and Country, 2019 – 2025
    • Europe Material Testing Market Dynamics – Trends
  4. Asia Pacific Material Testing Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn
    • Test Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Adhesion Testing
      • Bending / Flexural Testing
      • Coefficient of Friction Testing
      • Compression Testing
      • Others
    • Equipment Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Universal Testing Machines
      • Servo Hydraulic Testing Machines
      • Hardness Testing Machines
      • Impact Testing Machines
      • Others
    • Material Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Alloys
      • Polymers
      • Rubber
      • Metals
      • Others
    • End Users Industry Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Building or Aircraft Construction
      • Machinery
      • Packaging
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Material Testing Market – Opportunity Analysis Index, By Type, Equipment, Material, End Users Industry and Country, 2019 – 2025
    • Asia-Pacific Material Testing Market Dynamics – Trends
  5. Latin America Material Testing Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn
    • Test Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Adhesion Testing
      • Bending / Flexural Testing
      • Coefficient of Friction Testing
      • Compression Testing
      • Others
    • Equipment Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Universal Testing Machines
      • Servo Hydraulic Testing Machines
      • Hardness Testing Machines
      • Impact Testing Machines
      • Others
    • Material Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Alloys
      • Polymers
      • Rubber
      • Metals
      • Others
    • End Users Industry Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Building or Aircraft Construction
      • Machinery
      • Packaging
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America Material Testing Market – Opportunity Analysis Index, By Type, Equipment, Material, End Users Industry and Country, 2019 – 2025
    • Latin America Material Testing Market Dynamics – Trends
  6. Middle East and Africa Pine Chemicals Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Test Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Adhesion Testing
      • Bending / Flexural Testing
      • Coefficient of Friction Testing
      • Compression Testing
      • Others
    • Equipment Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Universal Testing Machines
      • Servo Hydraulic Testing Machines
      • Hardness Testing Machines
      • Impact Testing Machines
      • Others
    • Material Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Alloys
      • Polymers
      • Rubber
      • Metals
      • Others
    • End Users Industry Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Building or Aircraft Construction
      • Machinery
      • Packaging
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Material Testing Market – Opportunity Analysis Index By Test Type, Equipment, Material, End Users Industry and Country, 2019 – 2025
    • MEA Material Testing Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Product & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • MTS Systems Corporation
      • Olympus Corporation
      • Mistras Group, Inc.
      • Shimadzu Corporation
      • Zwick Roell
      • Shimadzu
      • Tinius Olsen
      • Moog Inc.
      • Ametek Inc.
      • CMT Equipments
      • Applied Test Systems
      • Denison Mayes Group
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • MTS Systems Corporation
  • Olympus Corporation
  • Mistras Group, Inc.
  • Shimadzu Corporation
  • Zwick Roell
  • Shimadzu
  • Tinius Olsen
  • Moog Inc.
  • Ametek Inc.
  • CMT Equipments
  • Applied Test Systems
  • Denison Mayes Group

Description

Global Material Testing Market was valued at USD 633.7 Million in 2021 and is anticipated to grow at USD 785.8 Million till 2028 recording a CAGR of 4.5% during the forecast period 2022-2028. The global material testing market estimated to be expand at significant CAGR over 2022-2028 owing to increasing requirement related to manufacturing standards for all fields and increasing educational research activities. Moreover, increasing adoption of material testing by using different materials such as alloys, polymers, rubber, metals and using different types of raw materials and testing their mechanical strength to improve and maintain the quality are drive the growth of this industry market.. But, high cost of equipment of material testing and lack of skilled operators may hinder the market growth. In August 2019, MTS appointed new distributors in Thailand, Central America and Eastern Europe and in November 2019, MTS Expands Presence in Wind Energy and Aerospace Markets through acquisition of Danish engineering firm. On November 25, 2019, Moog and Danfoss has announced servo press drive system collaboration at SPS

Key Development : 

In February 2020, Materials testing equipment and software developer Instron announced the launch of the Torsion Add-On 3.0 for universal testing systems.

 

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