Report overview
The growing demand for high-quality materials from the manufacturing industry is driving the material testing market, while wastage of materials and resources during the test process restrain its demand in the small-scale industry.
This report contains market size and forecasts of Material Testing Equipment in global, including the following market information:
Global Material Testing Equipment Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Material Testing Equipment Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Material Testing Equipment companies in 2021 (%)
The global Material Testing Equipment market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Soils Testing Equipment Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Material Testing Equipment include Instron, Zwick Roell, Mts Systems, Shimadzu, Tinius Olsen, Ametek, Admet, Hegewald & Peschke and Applied Test Systems, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Material Testing Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Material Testing Equipment Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Material Testing Equipment Market Segment Percentages, by Type, 2021 (%)
Soils Testing Equipment
Asphalt Testing Equipment
Chemicals Testing Equipment
Others
Global Material Testing Equipment Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Material Testing Equipment Market Segment Percentages, by Application, 2021 (%)
Automotive
Construction
Educational Institutions
Others
Global Material Testing Equipment Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Material Testing Equipment Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Material Testing Equipment revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Material Testing Equipment revenues share in global market, 2021 (%)
Key companies Material Testing Equipment sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Material Testing Equipment sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Instron
Zwick Roell
Mts Systems
Shimadzu
Tinius Olsen
Ametek
Admet
Hegewald & Peschke
Applied Test Systems
Mitutoyo
Ta Instruments
Torontech
Qualitest International
Ets Intarlaken
Struers