Press release
Material Testing Market Demand, Share, Key Players, Size & Growth Analysis 2022-2027
According to the latest report by IMARC Group, titled, "Material Testing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027″, The global material testing market reached a value of US$ 5.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.8 Billion by 2027, exhibiting at a CAGR of 5.11% during 2022-2027.
Material testing is used to determine the characteristics and behavior of a sample, such as metals, alloys, ceramics and composites, plastics, and elastomers. It includes the evaluation of thermal and electrical properties and resistance to corrosion, radiation, and biological deterioration of the sample. It helps in understanding whether a material is suitable for a certain application and meeting the requirements of regulatory agencies. At present, it is employed in numerous industries, such as automotive, construction, education, aerospace and defense, oil and gas, and energy and power.
Material Testing Market Trends:
The growing global population and the consequently increasing construction activities represent one of the key factors catalyzing the demand for material testing across the globe. In addition, the flourishing aerospace industry and rising demand for non-destructive testing (NDT) in designing, manufacturing, and maintenance of aircraft are fueling the market growth. Apart from this, the increasing adoption of advanced technologies, such as artificial intelligence (AI) and machine learning (ML), to improve testing and certification services is bolstering the market growth. Additionally, governments of various countries are imposing stringent regulations on product quality to ensure human and environmental safety, which is creating a positive market outlook. Furthermore, the growing applications of material testing in various research applications, such as polymer analysis, consumer goods and packaging, nanomaterial characterization, and mining, are driving the market worldwide.
Request Free Sample Report: https://www.imarcgroup.com/material-testing-market/requestsample
Global Material Testing Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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
ZwickRoell AG.
The report has segmented the market on the basis on region, type, material and end use industry.
Breakup by Type:
Universal Testing Machines
Servohydraulic Testing Machines
Hardness Testing Machines
Impact Testing Machines
Non-Destructive Testing Machines
Breakup by Material:
Metals and Alloys
Plastics
Rubber and Elastomers
Ceramics and Composites
Others
Breakup by End Use Industry:
Automotive
Construction
Education
Aerospace and Defense
Oil and Gas
Energy and Power
Others
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil,Mexico, Others)
Middle East and Africa
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/material-testing-market
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Other Related Reports:
Bunker Fuel: https://www.openpr.com/news/2923079/bunker-fuel-market-size-share-industry-growth-2022-2027
Europe Ceramic Tiles Market: https://www.openpr.com/news/2920775/europe-ceramic-tiles-market-size-share-analysis-and-forecast
Test And Measurement Equipment Market: https://www.openpr.com/news/2927434/test-and-measurement-equipment-market-size-share-forecast
India Citric Acid Market: https://www.openpr.com/news/2862638/india-citric-acid-market-set-for-rapid-growth-and-trend
Contact Us:
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company's expertise.
Material testing is used to determine the characteristics and behavior of a sample, such as metals, alloys, ceramics and composites, plastics, and elastomers. It includes the evaluation of thermal and electrical properties and resistance to corrosion, radiation, and biological deterioration of the sample. It helps in understanding whether a material is suitable for a certain application and meeting the requirements of regulatory agencies. At present, it is employed in numerous industries, such as automotive, construction, education, aerospace and defense, oil and gas, and energy and power.
Material Testing Market Trends:
The growing global population and the consequently increasing construction activities represent one of the key factors catalyzing the demand for material testing across the globe. In addition, the flourishing aerospace industry and rising demand for non-destructive testing (NDT) in designing, manufacturing, and maintenance of aircraft are fueling the market growth. Apart from this, the increasing adoption of advanced technologies, such as artificial intelligence (AI) and machine learning (ML), to improve testing and certification services is bolstering the market growth. Additionally, governments of various countries are imposing stringent regulations on product quality to ensure human and environmental safety, which is creating a positive market outlook. Furthermore, the growing applications of material testing in various research applications, such as polymer analysis, consumer goods and packaging, nanomaterial characterization, and mining, are driving the market worldwide.
Request Free Sample Report: https://www.imarcgroup.com/material-testing-market/requestsample
Global Material Testing Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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
ZwickRoell AG.
The report has segmented the market on the basis on region, type, material and end use industry.
Breakup by Type:
Universal Testing Machines
Servohydraulic Testing Machines
Hardness Testing Machines
Impact Testing Machines
Non-Destructive Testing Machines
Breakup by Material:
Metals and Alloys
Plastics
Rubber and Elastomers
Ceramics and Composites
Others
Breakup by End Use Industry:
Automotive
Construction
Education
Aerospace and Defense
Oil and Gas
Energy and Power
Others
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil,Mexico, Others)
Middle East and Africa
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/material-testing-market
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Other Related Reports:
Bunker Fuel: https://www.openpr.com/news/2923079/bunker-fuel-market-size-share-industry-growth-2022-2027
Europe Ceramic Tiles Market: https://www.openpr.com/news/2920775/europe-ceramic-tiles-market-size-share-analysis-and-forecast
Test And Measurement Equipment Market: https://www.openpr.com/news/2927434/test-and-measurement-equipment-market-size-share-forecast
India Citric Acid Market: https://www.openpr.com/news/2862638/india-citric-acid-market-set-for-rapid-growth-and-trend
Contact Us:
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company's expertise.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
