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Mechanical testing reveals the elastic and inelastic behavior of a material when force is applied. A mechanical test shows whether a material or part is suitable for its intended mechanical applications by measuring elasticity, tensile strength, elongation, hardness, fracture toughness, impact resistance, stress rupture, and fatigue limit.
Scope of the Report:
This report focuses on the Mechanical Test Equipment in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
North America was the largest consumption market with a market share of 25.13% in 2012 and 21.53% in 2017 with an increase of 3.60 %. China and Europe ranked the second and third markets with the market share of 21.13% and 20.14% in 2016.
This market is increasingly witnessing a trend towards upgrading equipment, replacing relevant modules of existing systems and retrofitting. This is mainly due to advancements made in computer control technology, which has led to a growing focus on data collection and real time analysis. Retrofitting is attractive to end users who are always limited by low capital budgets. Yet, it challenges the sale of new equipment. To successfully deal with this challenge, companies should maintain a balance between retrofitting and selling new equipment. From another point of view, it could also be considered as an opportunity companies could take advantage of to improve their sales and market position.
The worldwide market for Mechanical Test Equipment is expected to grow at a CAGR of roughly 3.3% over the next five years, will reach 1290 million US$ in 2023, from 1070 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- Hegewald & Peschke
- Tinius Olsen
- Shanghai Hualong Test Instrumens
- Hung Ta
- Applied Test Systems
- Torontech Group International
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Universal Testing Machine
- Fatigue Testing Machine
- Special Testing Machine
Market Segment by Applications, can be divided into
- Civil Engineering
- Pharmaceutical Industry
- Scientific Institutions
There are 15 Chapters to deeply display the global Mechanical Test Equipment market.
Chapter 1, to describe Mechanical Test Equipment Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Mechanical Test Equipment, with sales, revenue, and price of Mechanical Test Equipment, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Mechanical Test Equipment, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Mechanical Test Equipment market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Mechanical Test Equipment sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source