City of Industry, CA -- (SBWIRE) -- 07/16/2018 -- This report studies the global Universal Testing Machine market status and forecast, categorizes the global Universal Testing Machine market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).

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 global Universal Testing Machine market is valued at 350 million US$ in 2017 and will reach 450 million US$ by the end of 2025, growing at a CAGR of 3.0% during 2018-2025.

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The major manufacturers covered in this report

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

Suns

TENSON

Changchun Kexin Test Instrument

WANCE Group

Shanghai Hualong

Tianshui Hongshan

Laizhou Huayin

Shenzhen Reger

Hung Ta

Shandong Drick

Jinan Kehui

Jinan Fine

Jinan Liangong

HRJ

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

India

Southeast Asia

Other regions (Central & South America, 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

Single Column Testing Machine

Dual Column Testing Machine

Other (Four Column Testing Machine, etc.)

By Application, the market can be split into

Scientific and Education

Industrial Application

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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.