Insights on the Material Testing Global Market to 2026 – by Type, Material, End-use Industry and Region – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Material Testing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.

The global material testing market reached a value of US$ 5.61 Billion in 2020. Looking forward, the publisher expects the global material testing market to reach a value of US$ 6.9 Billion by 2026, exhibiting a CAGR of 3.51% during 2021-2026.

Material testing refers to the technique of measuring the physical, structural and mechanical properties of various materials and components. It is used for analyzing the behavior of metals, ceramics and plastics, under different conditions and for assessing if they are in optimal condition. Material testing can be classified as mechanical testing; thermal testing; resistance testing against corrosion, radiation and biological deterioration; and nondestructive testing. These tests are majorly conducted through universal, servo-hydraulic, hardness and impact test machines and are used for production, quality control, research, and laboratory applications. As a result, material testing finds extensive applications across various industries, such as automotive, aerospace & defense, construction, education, energy & power and oil & gas.

Rapid industrialization, along with significant growth in the construction sector, is one of the key factors creating a positive outlook for the market. Raw materials are tested for their mechanical properties to maintain or improve the quality of the products. For instance, in the construction industry, materials, such as adhesives, sealants, concretes, mortar, ceramics, slates, stones and pipes, are tested to check if they have the desired properties. In line with this, the manufacturing of innovative composites across various industries is also contributing to the market growth.

Several technological advancements, such as the development of testing equipment with multi-stage testing capabilities and picture-video capture functionalities, are favoring the market growth. Other factors, including increasing product adoption by the medical sector to test material integrity, surface morphology and adhesion capacities, along with extensive research and development (R&D) activities, are anticipated to drive the market further.

Companies Mentioned

• Admet Inc.
• Ametek Inc.
• Applied Test Systems LLC
• Illinois Tool Works Inc.
• Labquip
• Mistras Group Inc.
• Mitutoyo Corporation
• MTS Systems Corporation
• Shimadzu Corporation
• Tinius Olsen Ltd.
• Wirsam Scientific and ZwickRoell AG

Key Questions Answered in This Report:

• How has the global material testing market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global material testing market?
• What are the key regional markets?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the material?
• What is the breakup of the market based on the end use industry?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global material testing market and who are the key players?
• What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Material Testing Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Type

6.1 Universal Testing Machines

6.1.1 Market Trends

6.1.2 Market Forecast

6.2 Servohydraulic Testing Machines

6.2.1 Market Trends

6.2.2 Market Forecast

6.3 Hardness Testing Machines

6.3.1 Market Trends

6.3.2 Market Forecast

6.4 Impact Testing Machines

6.4.1 Market Trends

6.4.2 Market Forecast

6.5 Non-Destructive Testing Machines

6.5.1 Market Trends

6.5.2 Market Forecast

7 Market Breakup by Material

7.1 Metals and Alloys

7.1.1 Market Trends

7.1.2 Market Forecast

7.2 Plastics

7.2.1 Market Trends

7.2.2 Market Forecast

7.3 Rubber and Elastomers

7.3.1 Market Trends

7.3.2 Market Forecast

7.4 Ceramics and Composites

7.4.1 Market Trends

7.4.2 Market Forecast

7.5 Others

7.5.1 Market Trends

7.5.2 Market Forecast

8 Market Breakup by End Use Industry

8.1 Automotive

8.1.1 Market Trends

8.1.2 Market Forecast

8.2 Construction

8.2.1 Market Trends

8.2.2 Market Forecast

8.3 Education

8.3.1 Market Trends

8.3.2 Market Forecast

8.4 Aerospace and Defense

8.4.1 Market Trends

8.4.2 Market Forecast

8.5 Oil and Gas

8.5.1 Market Trends

8.5.2 Market Forecast

8.6 Energy and Power

8.6.1 Market Trends

8.6.2 Market Forecast

8.7 Others

8.7.1 Market Trends

8.7.2 Market Forecast

9 Market Breakup by Region

9.1 North America

9.2 Asia Pacific

9.3 Europe

9.4 Latin America

9.5 Middle East and Africa

10 SWOT Analysis

11 Value Chain Analysis

12 Porters Five Forces Analysis

13 Price Analysis

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/1peyjg

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