According to the latest report by IMARC Group, titled, “Material Testing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027″, The global material testing market reached a value of US$ 5.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.8 Billion by 2027, exhibiting at a CAGR of 5.11% during 2022-2027
the global material testing market reached a value of US$ 5.61 Billion in 2020. Material testing stands for a technique of measuring the physical, structural, and mechanical characteristics of different materials and components. It is primarily adopted for analyzing the behavior of ceramics, metals, and plastics, under diverse conditions. Material testing is mainly classified into thermal testing, mechanical testing, nondestructive testing, and resistance testing against corrosion, radiation, and biological deterioration. These tests are majorly conducted with the help of different universal, servo-hydraulic, hardness, and impact test machines. Material testing is widely adopted for production, quality control, research, and laboratory applications across the automotive, construction, education, oil and gas, aerospace and defense, energy and power generation.
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The expanding construction industry has led to the rising demand for material testing for improving the quality of sealants, adhesives, ceramics, mortar, concretes, etc., thereby propelling the market for material testing. Furthermore, the increasing adoption of material testing in the medical sector to test material integrity, surface morphology, and adhesion capacities, is also augmenting the market growth. Numerous technological advancements have led to the development of testing equipment with multi-stage testing capabilities and picture-video capture functionalities, which are expected to drive the market for material testing.
Key Market Segmentation:
Our report has categorized the market based on region, type, material and end use industry.
Breakup by Type:
- Universal Testing Machines
- Servohydraulic Testing Machines
- Hardness Testing Machines
- Impact Testing Machines
- Non-Destructive Testing Machines
Breakup by Material:
- Metals and Alloys
- Plastics
- Rubber and Elastomers
- Ceramics and Composites
- Others
Breakup by End Use Industry:
- Automotive
- Construction
- Education
- Aerospace and Defense
- Oil and Gas
- Energy and Power
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape Key Player:
- Admet Inc.
- Ametek Inc.
- Applied Test Systems LLC
- Illinois Tool Works Inc.
- Labquip
- Mistras Group Inc.
- Mitutoyo Corporation
- MTS Systems Corporation
- Shimadzu Corporation
- Tinius Olsen Ltd.
- Wirsam Scientific
- ZwickRoell AG.
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