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.
Power is projected to be the fastest-growing segment of the material testing market. The growth of this segment is attributed to increasing investments in the wind energy sector by emerging economies. Material testing equipment is used in the power industry to conduct and analyze tensile, compressive, and shear tests to understand its mechanical property.
The global Material Testing Equipment market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Material Testing Equipment volume and value at global level, regional level and company level. From a global perspective, this report represents overall Material Testing Equipment market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Material Testing Equipment in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Material Testing Equipment manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Hegewald & Peschke
Applied Test Systems
Segment by Regions
Segment by Type
Universal Testing Machines
Servohydraulic Testing Machines
Hardness Test Equipment
Segment by Application