Press release
Universal Testing Machine Market Includes Important Growth Factor with Regional Forecast, Market Size, Top Vendors, Industry Research and End User Analysis By 2025
In terms of production side, this report researches the Universal Testing Machine capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Universal Testing Machine by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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 was valued at 350 Million US$ in 2017 and is projected to reach 450 Million US$ by 2025, at a CAGR of 3.0% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Universal Testing Machine.
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This report includes the following manufacturers; we can also add the other companies as you want.
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
Market Segment by Product Type
Single Column Testing Machine
Dual Column Testing Machine
Other (Four Column Testing Machine, etc.)
Market Segment by Application
Scientific and Education
Industrial Application
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