Material Testing Market is expected to grow at a CAGR of 4.7% during the forecast period and is expected to reach US$ 1152.08 Mn by . The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.To know about the Research Methodology:-Request Free Sample Report Material testing market is expected to witness high growth during the forecast period due to the large demand for material testing in various end-use industries, such as construction, automotive and aerospace & defense. Escalating demand for material testing in the educational institutions is driving the Market. Increasing necessity to meet manufacturing standards, such as ASTM, and ISO, has resulted in high demand for material testing equipment. Market based on type has been segmented into universal testing machines, servohydraulic testing machines, hardness test equipment and impact test equipment. Universal testing machines is expected to be one of the major contributors for the market during the forecast period. Cheap availability of universal testing machine and its extensive usage in various industries to perform tensile, compression and bend tests are driving growth of this segment. Market based on end-use industry has been segmented into automotive, construction, educational institutions, aerospace & defense, medical devices, power and others. The construction industry is expected to lead the market followed by automotive during the forecast period. Market based on material has been divided into metal, plastics, rubber and elastomer, ceramics and composites and others. Ceramics and composites is expected to hold one of the largest shares of the market during the forecast period. Geographically, the market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia Pacific is expected to be one of the largest market during the forecast period due to the increasing industrialization and rising demand of manufacturing quality products.
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Material Testing Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US$ 835.33 Mn. Forecast Period 2024 to 2030 CAGR: 4.7% Market Size in 2030: US$ 1152.08 Mn. Segments Covered: by Type Universal Testing Machines Servohydraulic Testing Machines Hardness Testing Equipment Impact Testing Equipment by Material Metal Plastics Rubber and Elastomer Ceramics and Composites Others by End-use Industry Automotive Construction Educational Institutions Aerospace & Defense Medical Devices Power Others Material testing Market by Region:
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (razil, Argentina Rest of South America)Key Players:
1. Instron (US) 2. Zwick Roell (Germany) 3. MTS Systems (US) 4. Shimadzu (Japan) 5. Tinius Olsen (US) 6. Ametek (US) 7. ADMET (US) 8. Hegewald & Peschke (Germany) 9. Applied Test Systems (US) 10. Mitutoyo (Japan) Frequently Asked Questions: 1. Which region has the largest share in Global Material Testing Market? Ans: North America region held the highest share in 2023. 2. What is the growth rate of Global Material Testing Market? Ans: The Global Material Testing Market is growing at a CAGR of 4.7% during forecasting period 2024-2030 3. What is scope of the Global Material Testing market report? Ans: Global Material Testing Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Material Testing market? Ans: The important key players in the Global Material Testing Market are – Instron (US), Zwick Roell (Germany), MTS Systems (US), Shimadzu (Japan), Tinius Olsen (US), Ametek (US), ADMET (US), Hegewald & Peschke (Germany), Applied Test Systems (US), and Mitutoyo (Japan) 5. What is the study period of this market? Ans: The Global Material Testing Market is studied from 2023 to 2030
1. Material Testing Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Material Testing Market: Dynamics 2.1. Material Testing Market Trends by Region 2.1.1. North America Material Testing Market Trends 2.1.2. Europe Material Testing Market Trends 2.1.3. Asia Pacific Material Testing Market Trends 2.1.4. Middle East and Africa Material Testing Market Trends 2.1.5. South America Material Testing Market Trends 2.2. Material Testing Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Material Testing Market Drivers 2.2.1.2. North America Material Testing Market Restraints 2.2.1.3. North America Material Testing Market Opportunities 2.2.1.4. North America Material Testing Market Challenges 2.2.2. Europe 2.2.2.1. Europe Material Testing Market Drivers 2.2.2.2. Europe Material Testing Market Restraints 2.2.2.3. Europe Material Testing Market Opportunities 2.2.2.4. Europe Material Testing Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Material Testing Market Drivers 2.2.3.2. Asia Pacific Material Testing Market Restraints 2.2.3.3. Asia Pacific Material Testing Market Opportunities 2.2.3.4. Asia Pacific Material Testing Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Material Testing Market Drivers 2.2.4.2. Middle East and Africa Material Testing Market Restraints 2.2.4.3. Middle East and Africa Material Testing Market Opportunities 2.2.4.4. Middle East and Africa Material Testing Market Challenges 2.2.5. South America 2.2.5.1. South America Material Testing Market Drivers 2.2.5.2. South America Material Testing Market Restraints 2.2.5.3. South America Material Testing Market Opportunities 2.2.5.4. South America Material Testing Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Material Testing Industry 2.8. Analysis of Government Schemes and Initiatives For Material Testing Industry 2.9. Material Testing Market Trade Analysis 2.10. The Global Pandemic Impact on Material Testing Market 3. Material Testing Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. Material Testing Market Size and Forecast, by Type (2023-2030) 3.1.1. Universal Testing Machines 3.1.2. Servohydraulic Testing Machines 3.1.3. Hardness Testing Equipment 3.1.4. Impact Testing Equipment 3.2. Material Testing Market Size and Forecast, by Material (2023-2030) 3.2.1. Metal 3.2.2. Plastics 3.2.3. Rubber and Elastomer 3.2.4. Ceramics and Composites 3.2.5. Others 3.3. Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 3.3.1. Automotive 3.3.2. Construction 3.3.3. Educational Institutions 3.3.4. Aerospace & Defense 3.3.5. Medical Devices 3.3.6. Power 3.3.7. Others 3.4. Material Testing Market Size and Forecast, by Region (2023-2030) 3.4.1. North America 3.4.2. Europe 3.4.3. Asia Pacific 3.4.4. Middle East and Africa 3.4.5. South America 4. North America Material Testing Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America Material Testing Market Size and Forecast, by Type (2023-2030) 4.1.1. Universal Testing Machines 4.1.2. Servohydraulic Testing Machines 4.1.3. Hardness Testing Equipment 4.1.4. Impact Testing Equipment 4.2. North America Material Testing Market Size and Forecast, by Material (2023-2030) 4.2.1. Metal 4.2.2. Plastics 4.2.3. Rubber and Elastomer 4.2.4. Ceramics and Composites 4.2.5. Others 4.3. North America Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 4.3.1. Automotive 4.3.2. Construction 4.3.3. Educational Institutions 4.3.4. Aerospace & Defense 4.3.5. Medical Devices 4.3.6. Power 4.3.7. Others 4.4. North America Material Testing Market Size and Forecast, by Country (2023-2030) 4.4.1. United States 4.4.1.1. United States Material Testing Market Size and Forecast, by Type (2023-2030) 4.4.1.1.1. Universal Testing Machines 4.4.1.1.2. Servohydraulic Testing Machines 4.4.1.1.3. Hardness Testing Equipment 4.4.1.1.4. Impact Testing Equipment 4.4.1.2. United States Material Testing Market Size and Forecast, by Material (2023-2030) 4.4.1.2.1. Metal 4.4.1.2.2. Plastics 4.4.1.2.3. Rubber and Elastomer 4.4.1.2.4. Ceramics and Composites 4.4.1.2.5. Others 4.4.1.3. United States Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 4.4.1.3.1. Automotive 4.4.1.3.2. Construction 4.4.1.3.3. Educational Institutions 4.4.1.3.4. Aerospace & Defense 4.4.1.3.5. Medical Devices 4.4.1.3.6. Power 4.4.1.3.7. Others 4.4.2. Canada 4.4.2.1. Canada Material Testing Market Size and Forecast, by Type (2023-2030) 4.4.2.1.1. Universal Testing Machines 4.4.2.1.2. Servohydraulic Testing Machines 4.4.2.1.3. Hardness Testing Equipment 4.4.2.1.4. Impact Testing Equipment 4.4.2.2. Canada Material Testing Market Size and Forecast, by Material (2023-2030) 4.4.2.2.1. Metal 4.4.2.2.2. Plastics 4.4.2.2.3. Rubber and Elastomer 4.4.2.2.4. Ceramics and Composites 4.4.2.2.5. Others 4.4.2.3. Canada Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 4.4.2.3.1. Automotive 4.4.2.3.2. Construction 4.4.2.3.3. Educational Institutions 4.4.2.3.4. Aerospace & Defense 4.4.2.3.5. Medical Devices 4.4.2.3.6. Power 4.4.2.3.7. Others 4.4.3. Mexico 4.4.3.1. Mexico Material Testing Market Size and Forecast, by Type (2023-2030) 4.4.3.1.1. Universal Testing Machines 4.4.3.1.2. Servohydraulic Testing Machines 4.4.3.1.3. Hardness Testing Equipment 4.4.3.1.4. Impact Testing Equipment 4.4.3.2. Mexico Material Testing Market Size and Forecast, by Material (2023-2030) 4.4.3.2.1. Metal 4.4.3.2.2. Plastics 4.4.3.2.3. Rubber and Elastomer 4.4.3.2.4. Ceramics and Composites 4.4.3.2.5. Others 4.4.3.3. Mexico Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 4.4.3.3.1. Automotive 4.4.3.3.2. Construction 4.4.3.3.3. Educational Institutions 4.4.3.3.4. Aerospace & Defense 4.4.3.3.5. Medical Devices 4.4.3.3.6. Power 4.4.3.3.7. Others 5. Europe Material Testing Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe Material Testing Market Size and Forecast, by Type (2023-2030) 5.2. Europe Material Testing Market Size and Forecast, by Material (2023-2030) 5.3. Europe Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 5.4. Europe Material Testing Market Size and Forecast, by Country (2023-2030) 5.4.1. United Kingdom 5.4.1.1. United Kingdom Material Testing Market Size and Forecast, by Type (2023-2030) 5.4.1.2. United Kingdom Material Testing Market Size and Forecast, by Material (2023-2030) 5.4.1.3. United Kingdom Material Testing Market Size and Forecast, by End-use Industry(2023-2030) 5.4.2. France 5.4.2.1. France Material Testing Market Size and Forecast, by Type (2023-2030) 5.4.2.2. France Material Testing Market Size and Forecast, by Material (2023-2030) 5.4.2.3. France Material Testing Market Size and Forecast, by End-use Industry(2023-2030) 5.4.3. Germany 5.4.3.1. Germany Material Testing Market Size and Forecast, by Type (2023-2030) 5.4.3.2. Germany Material Testing Market Size and Forecast, by Material (2023-2030) 5.4.3.3. Germany Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 5.4.4. Italy 5.4.4.1. Italy Material Testing Market Size and Forecast, by Type (2023-2030) 5.4.4.2. Italy Material Testing Market Size and Forecast, by Material (2023-2030) 5.4.4.3. Italy Material Testing Market Size and Forecast, by End-use Industry(2023-2030) 5.4.5. Spain 5.4.5.1. Spain Material Testing Market Size and Forecast, by Type (2023-2030) 5.4.5.2. Spain Material Testing Market Size and Forecast, by Material (2023-2030) 5.4.5.3. Spain Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 5.4.6. Sweden 5.4.6.1. Sweden Material Testing Market Size and Forecast, by Type (2023-2030) 5.4.6.2. Sweden Material Testing Market Size and Forecast, by Material (2023-2030) 5.4.6.3. Sweden Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 5.4.7. Austria 5.4.7.1. Austria Material Testing Market Size and Forecast, by Type (2023-2030) 5.4.7.2. Austria Material Testing Market Size and Forecast, by Material (2023-2030) 5.4.7.3. Austria Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 5.4.8. Rest of Europe 5.4.8.1. Rest of Europe Material Testing Market Size and Forecast, by Type (2023-2030) 5.4.8.2. Rest of Europe Material Testing Market Size and Forecast, by Material (2023-2030) 5.4.8.3. Rest of Europe Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 6. Asia Pacific Material Testing Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific Material Testing Market Size and Forecast, by Type (2023-2030) 6.2. Asia Pacific Material Testing Market Size and Forecast, by Material (2023-2030) 6.3. Asia Pacific Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 6.4. Asia Pacific Material Testing Market Size and Forecast, by Country (2023-2030) 6.4.1. China 6.4.1.1. China Material Testing Market Size and Forecast, by Type (2023-2030) 6.4.1.2. China Material Testing Market Size and Forecast, by Material (2023-2030) 6.4.1.3. China Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 6.4.2. S Korea 6.4.2.1. S Korea Material Testing Market Size and Forecast, by Type (2023-2030) 6.4.2.2. S Korea Material Testing Market Size and Forecast, by Material (2023-2030) 6.4.2.3. S Korea Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 6.4.3. Japan 6.4.3.1. Japan Material Testing Market Size and Forecast, by Type (2023-2030) 6.4.3.2. Japan Material Testing Market Size and Forecast, by Material (2023-2030) 6.4.3.3. Japan Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 6.4.4. India 6.4.4.1. India Material Testing Market Size and Forecast, by Type (2023-2030) 6.4.4.2. India Material Testing Market Size and Forecast, by Material (2023-2030) 6.4.4.3. India Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 6.4.5. Australia 6.4.5.1. Australia Material Testing Market Size and Forecast, by Type (2023-2030) 6.4.5.2. Australia Material Testing Market Size and Forecast, by Material (2023-2030) 6.4.5.3. Australia Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 6.4.6. Indonesia 6.4.6.1. Indonesia Material Testing Market Size and Forecast, by Type (2023-2030) 6.4.6.2. Indonesia Material Testing Market Size and Forecast, by Material (2023-2030) 6.4.6.3. Indonesia Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 6.4.7. Malaysia 6.4.7.1. Malaysia Material Testing Market Size and Forecast, by Type (2023-2030) 6.4.7.2. Malaysia Material Testing Market Size and Forecast, by Material (2023-2030) 6.4.7.3. Malaysia Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 6.4.8. Vietnam 6.4.8.1. Vietnam Material Testing Market Size and Forecast, by Type (2023-2030) 6.4.8.2. Vietnam Material Testing Market Size and Forecast, by Material (2023-2030) 6.4.8.3. Vietnam Material Testing Market Size and Forecast, by End-use Industry(2023-2030) 6.4.9. Taiwan 6.4.9.1. Taiwan Material Testing Market Size and Forecast, by Type (2023-2030) 6.4.9.2. Taiwan Material Testing Market Size and Forecast, by Material (2023-2030) 6.4.9.3. Taiwan Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 6.4.10. Rest of Asia Pacific 6.4.10.1. Rest of Asia Pacific Material Testing Market Size and Forecast, by Type (2023-2030) 6.4.10.2. Rest of Asia Pacific Material Testing Market Size and Forecast, by Material (2023-2030) 6.4.10.3. Rest of Asia Pacific Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 7. Middle East and Africa Material Testing Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa Material Testing Market Size and Forecast, by Type (2023-2030) 7.2. Middle East and Africa Material Testing Market Size and Forecast, by Material (2023-2030) 7.3. Middle East and Africa Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 7.4. Middle East and Africa Material Testing Market Size and Forecast, by Country (2023-2030) 7.4.1. South Africa 7.4.1.1. South Africa Material Testing Market Size and Forecast, by Type (2023-2030) 7.4.1.2. South Africa Material Testing Market Size and Forecast, by Material (2023-2030) 7.4.1.3. South Africa Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 7.4.2. GCC 7.4.2.1. GCC Material Testing Market Size and Forecast, by Type (2023-2030) 7.4.2.2. GCC Material Testing Market Size and Forecast, by Material (2023-2030) 7.4.2.3. GCC Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 7.4.3. Nigeria 7.4.3.1. Nigeria Material Testing Market Size and Forecast, by Type (2023-2030) 7.4.3.2. Nigeria Material Testing Market Size and Forecast, by Material (2023-2030) 7.4.3.3. Nigeria Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 7.4.4. Rest of ME&A 7.4.4.1. Rest of ME&A Material Testing Market Size and Forecast, by Type (2023-2030) 7.4.4.2. Rest of ME&A Material Testing Market Size and Forecast, by Material (2023-2030) 7.4.4.3. Rest of ME&A Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 8. South America Material Testing Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America Material Testing Market Size and Forecast, by Type (2023-2030) 8.2. South America Material Testing Market Size and Forecast, by Material (2023-2030) 8.3. South America Material Testing Market Size and Forecast, by End-use Industry(2023-2030) 8.4. South America Material Testing Market Size and Forecast, by Country (2023-2030) 8.4.1. Brazil 8.4.1.1. Brazil Material Testing Market Size and Forecast, by Type (2023-2030) 8.4.1.2. Brazil Material Testing Market Size and Forecast, by Material (2023-2030) 8.4.1.3. Brazil Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 8.4.2. Argentina 8.4.2.1. Argentina Material Testing Market Size and Forecast, by Type (2023-2030) 8.4.2.2. Argentina Material Testing Market Size and Forecast, by Material (2023-2030) 8.4.2.3. Argentina Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 8.4.3. Rest Of South America 8.4.3.1. Rest Of South America Material Testing Market Size and Forecast, by Type (2023-2030) 8.4.3.2. Rest Of South America Material Testing Market Size and Forecast, by Material (2023-2030) 8.4.3.3. Rest Of South America Material Testing Market Size and Forecast, by End-use Industry (2023-2030) 9. Global Material Testing Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2023) 9.3.5. Company Locations 9.4. Leading Material Testing Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Instron (US) 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Zwick Roell (Germany) 10.3. MTS Systems (US) 10.4. Shimadzu (Japan) 10.5. Tinius Olsen (US) 10.6. Ametek (US) 10.7. ADMET (US) 10.8. Hegewald & Peschke (Germany) 10.9. Applied Test Systems (US) 10.10. Mitutoyo (Japan) 11. Key Findings 12. Industry Recommendations 13. Material Testing Market: Research Methodology 14. Terms and Glossary