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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:
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 2024, from 1070 million US$ in 2019, according to a new GIR (Global Info Research) study.
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.
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
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Mechanical Test Equipment product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Mechanical Test Equipment, with price, sales, revenue and global market share of Mechanical Test Equipment in 2017 and 2018.
Chapter 3, the Mechanical Test Equipment competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Mechanical Test Equipment breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Mechanical Test Equipment market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Mechanical Test Equipment sales channel, distributors, customers, research findings and conclusion, appendix and data source.