1. Market Research
  2. > Manufacturing
  3. > Industrial Equipment Market Trends
Analysis of the Global Material Testing Equipment Market

Analysis of the Global Material Testing Equipment Market

  • November 2015
  • 110 pages
  • ID: 3448997
  • Format: PDF
  • By Frost & Sullivan

Summary

Table of Contents

Pushing Though Despite Economic and Technological Obstacles

Owing to concerns over the global economy, the material test equipment market has witnessed a gradual slowdown. However, a strong performance from the automotive industry is expected to revive this industry in the mid-term of the forecast period. The rate of technological evolution of these systems still remains a concern. As manufacturing graduates toward concepts such as smart manufacturing and Industry 4.0, the ability of these systems to keep pace with these changes is questionable and could impact the long-term growth prospects of this market.

Key Findings
Despite headwinds market moves ahead at % CAGR.
The market has been exposed to several high-risk factors such as the global economic instability, turbulent oil prices, and geopolitical factors; however, the market continues to exhibit stable growth.
The automobile industry has benefitted from reduced oil prices.
The automotive industry was the single largest revenue contributor to this market in 2014 with %.
Lower fuel price has improved consumer spending and has led to more discretionary spending.
Asia-Pacific continues to shift market away from Europe and North America.
Although the US market has stabilized to some extent, Asia-Pacific, particularly India and China, continues to take market share away from the developed economies.
The preference is for automated solutions.
Improving the quality of management programs, due to rising concerns about maximizing productivity and product quality, is seeing growing adoption of fully-automated material testing systems.
New materials create new opportunities.
Material test equipment plays a critical role in material technology research and leads to the emergence of light substitute materials, such as composites, smart materials, and biomaterials.

Market Definitions
Material or mechanical testing refers to a number of techniques that are employed to determine the physical properties of materials or components. Quality control procedures require materials to be tested for hardness, creep, torsion, fatigue, strength, tension, and compression. The testing techniques examined in this research service can be termed as destructive testing. The application of such testing techniques has become increasingly inherent within all manufacturing processes. Materials that undergo mechanical testing include: ferrous and non-ferrous metals, plastics, composites, ceramics, rubber, glass, paper, wool, cement, asphalt, wood, stone, and many others.

For the purpose of this study, the material testing equipment market has been segmented into four product types:
- Universal testing machines
- Servohydraulic testing machines
- Hardness test equipment
- Impact test equipment

Universal Testing Machines
Universal testing machines (UTMs) include versatile mechanical testing equipment used to subject a material sample or structure to either tension or compression for the purpose of experimentally determining certain engineering characteristics or mechanical properties. These properties typically include yield strength, ultimate or failure strength, or the stiffness and ductility of a material. Some of the common tests that are done in a UTM are tensile tests, flexural tests, compression tests, and shear tests. There are two types of UTMs:

- Electromechanical/Screw-driven testers
- Static hydraulic testers

Servohydraulic Testing Machines
A servohydraulic testing machine is used for dynamic or fatigue testing. Tests include low-cycle and highcycle fatigue testing and fracture toughness, among others. The servohydraulic testing machine consists of an actuator that is operated and hydraulically-fitted into a load frame that has high stiffness to apply the load to the specimen. A servohydraulic testing machine consists of a moving element, such as a crosshead, that is driven hydraulically to provide tension and compression forces against a fixed reactor.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Global Non-Destructive Testing (NDT) Services Industry

Global Non-Destructive Testing (NDT) Services Industry

  • $ 5450
  • October 2019

Non-Destructive Testing (NDT) Services market worldwide is projected to grow by US$4.4 Billion, driven by a compounded growth of 8.1%. Visual Inspection Testing (VT), one of the segments analyzed and sized ...

Global Market Study on Acoustic Emission-based NDT - Aging Infrastructure in Developed Regions: A Key Growth Promoter

Global Market Study on Acoustic Emission-based NDT - Aging Infrastructure in Developed Regions: A Key Growth Promoter

  • $ 4900
  • September 2019

Acoustic Emission-based NDT Market - Scope of the Report  The analyst recently published a new research analysis on the acoustic emission-based NDT market for the assessment period of 2018-2028.The ...

Advanced Driver Assistance Systems Testing Equipment Market: Global Industry Analysis 2014-2018 & Opportunity Assessment 2019-2029

Advanced Driver Assistance Systems Testing Equipment Market: Global Industry Analysis 2014-2018 & Opportunity Assessment 2019-2029

  • $ 5000
  • August 2019

This recent market study published on the ADAS testing equipment market includes global industry analysis 2014-2018 & opportunity assessment 2019-2029, and delivers a comprehensive assessment of the most ...

Global NDT Services Industry $ 5450 July 2019

Global Steam Trap Industry $ 5450 October 2019

Global Material Testing Industry $ 4950 October 2019


ref:plp2015

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on