A universal testing machine is used to subject a material sample or structure to either tension or compression for the purposes of experimentally determining certain engineering properties or characteristics, other functions such as bending, shear. These properties generally deal with the yield strength of a material, ultimate or failure strength or a material or structure, or the stiffness and ductility of a material.
Much more companies getting into the universal testing machine industry and the market is much scattered. Key players in universal testing machine market include MTS, INSTRON, Zwick/Roell, Shimadzu, ADMET, Shanghai Hualong, Tianshui Hongshan, etc.
In 2015, major demand is expected to account 34.92% from North America in the global universal testing machine market. China is occupied 33.18% market in universal testing machine industry and will increase stably. Other major demand is expected from emerging markets of Europe, totaled contributed 28 percent.
Universal Testing Machine demand is concentrated in the field of Automobile manufacturing, Defense military, Aeronautics and Astronautics, Scientific and Education, Electronics, Metallurgical smelting and other applications. As of 2015, the Scientific and Education application segment of the universal testing machine is the largest segment of the global universal testing machine market with a market share of 27 percent. On the other hand, the market value accounted in the year 2015 by the Automobile Manufacturing segment is approximately 16.12% of the consumption volume.
The Universal Testing Machine Market report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.
The report offers detailed coverage of Universal Testing Machine 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 Universal Testing Machine by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Universal Testing Machine market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
First, this report covers the present status and the future prospects of the global Universal Testing Machine market for 2015-2027.
Key Companies
MTS
INSTRON
Zwick/Roell
Shimadzu
ADMET
Hegewald & Peschke
AMETEK(Lloyd)
Torontech Group
Keysight Technologies
Qualitest International
Tinius Olsen
Applied Test Systems
ETS Intarlaken
JINAN SHIJIN GROUP
Suns
TENSON
Changchun Kexin Test Instrument
WANCE Group
Shanghai Hualong
Tianshui Hongshan
Laizhou Huayin
Shenzhen Reger
Hung Ta
Shandong Drick
Jinan Kehui
Jinan Fine
Jinan Liangong
HRJ
Universal Testing Machine Market by Type
Single Column Testing Machine
Dual Column Testing Machine
Other (Four Column Testing Machine, etc.)
Universal Testing Machine Market by Application
Scientific and Education
Industrial Application
Universal Testing Machine Market by Region
United States
Europe
China
Japan
Other Regions
Universal Testing Machine Market Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
At the same time, we classify Universal Testing Machine according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the Universal Testing Machine market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the Universal Testing Machine market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the Universal Testing Machine market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.
Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Universal Testing Machine market for the forecast period 2021 - 2027?
• What are the driving forces in the Universal Testing Machine market for the forecast period 2021 - 2027?
• 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 Universal Testing Machine 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?
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