The hydrostatic testing market, as considered under the scope of the report, includes the market sizing only for hydrostatic testing equipment such as pumps, pressure gauges (master gauges and backup gauges), relief valves and others (pressure plugs, etc.).
The North America hydrostatic testing market accounted for the maximum value share in 2020 and is forecast to maintain its dominance in the global hydrostatic testing market over the forecast period.
The Hydrostatic Testing market was valued at 490 Million US$ in 2020 and is projected to reach 710 Million US$ by 2026, at a CAGR of 4.7% during the forecast period. In this study, 2021 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Hydrostatic Testing.
This report covers the present status and the future prospects of the global Hydrostatic Testing market for 2015-2026.
The report offers detailed coverage of Hydrostatic Testing industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Hydrostatic Testing by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Cosmo Instruments, Galiso, Hydro-Test Products, Greene\'s Energy Group, International Pipeline Products Limited, H. Lorimer Corp., JM Test Systems, Pumps Australia Pty Ltd, Rice HYDRO, Resato International B.V., China Joy Machinery and Equipment Limited, Petersen Products, Cat Pumps, Curtiss-Wright Corporation, Energy Services International
Market Segment as follows:
Market by Order Type
Pumps
Pressure Gauges
Relief Valves
Others
Hydrostatic Testing Breakdown Data by Application
Oil & Gas
Plant Processing
Water
Aircraft
Construction
Fire & Safety
Others
Hydrostatic Testing market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Hydrostatic Testing market for the forecast period 2021 - 2026?
• What are the driving forces in the Hydrostatic Testing market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Hydrostatic Testing industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.