Lewes, DE -- (SBWire) -- 08/31/2018 --This report studies the global Mechanical Test Equipment market status and forecast, categorizes the global Mechanical Test Equipment market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
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.
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 global Mechanical Test Equipment market is valued at 1070 million US$ in 2017 and will reach 1390 million US$ by the end of 2025, growing at a CAGR of 3.4% during 2018-2025.
The major manufacturers covered in this report
MTS
Shimadzu
Zwick/Roell
INSTRON
Hegewald & Peschke
AMETEK
CIMACH
Tinius Olsen
Shanghai Hualong Test Instrumens
Hung Ta
Applied Test Systems
Torontech Group International
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
Southeast Asia
India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
Turkey
Rest of Middle East & Africa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Universal Testing Machine
Fatigue Testing Machine
Special Testing Machine
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Manufacturing
Civil Engineering
Pharmaceutical Industry
Scientific Institutions
Others
The study objectives of this report are:
To analyze and study the global Mechanical Test Equipment capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Mechanical Test Equipment manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Mechanical Test Equipment are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Mechanical Test Equipment Manufacturers
Mechanical Test Equipment Distributors/Traders/Wholesalers
Mechanical Test Equipment Subcomponent Manufacturers
Industry Association
Downstream Vendors
Spanning over 95 pages "Global Mechanical Test Equipment Market Research Report 2018" report covers Mechanical Test Equipment Market Overview, Global Mechanical Test Equipment Market Competition by Manufacturers, Global Mechanical Test Equipment Capacity, Production, Revenue (Value) by Region (2013-2018), Global Mechanical Test Equipment Supply (Production), Consumption, Export, Import by Region (2013-2018), Global Mechanical Test Equipment Production, Revenue (Value), Price Trend by Type, Global Mechanical Test Equipment Market Analysis by Application, Global Mechanical Test Equipment Manufacturers Profiles/Analysis, Mechanical Test Equipment Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Global Mechanical Test Equipment Market Forecast (2018-2025), Research Findings and Conclusion, Appendix.
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