Universal Testing Machine market

Universal Testing Machine Market, Global Outlook and Forecast 2023-2029

  • 21 March 2023
  • Manufacturing & Construction
  • 128 Pages
  • Report code : PMR-7607834

  • 4.7 (158)

Universal Testing Machine Market

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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.

Universal Testing Machine Market aims to provide a comprehensive presentation of the global market for Universal Testing Machine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Universal Testing Machine. Universal Testing Machine Market contains market size and forecasts of Universal Testing Machine in global, including the following market information:

Global Universal Testing Machine Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Universal Testing Machine Market Sales, 2018-2023, 2024-2029, (Units)

Global top five Universal Testing Machine companies in 2022 (%)

The global Universal Testing Machine market was valued at US$ 426.2 million in 2022 and is projected to reach US$ 568.8 million by 2029, at a CAGR of 4.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global Universal Testing Machine key players include MTS, INSTRON, JINAN SHIJIN GROUP, Zwick/Roell, Shimadzu, etc. Global top five manufacturers hold a share over 45%. North America is the largest market, with a share over 30%, followed by China and Europe, both have a share over 55%. In terms of product, Hydraulic UTM is the largest segment, with a share over 65%. And in terms of application, the largest application is Automobile Manufacturing, with a share over 16%

We surveyed the Universal Testing Machine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Universal Testing Machine Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Universal Testing Machine Market Segment Percentages, by Type, 2022 (%)

Electromechanical UTM

Hydraulic UTM

Global Universal Testing Machine Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Universal Testing Machine Market Segment Percentages, by Application, 2022 (%)

Automobile Manufacturing

Aviation and Military

Universities, Research laboratories and Institutes

Electronics

Metallurgical Smelting

Others

Global Universal Testing Machine Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Universal Testing Machine Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Universal Testing Machine revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Universal Testing Machine revenues share in global market, 2022 (%)

Key companies Universal Testing Machine sales in global market, 2018-2023 (Estimated), (Units)

Key companies Universal Testing Machine sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

ZwickRoell

MTS Systems

Instron

GALDABINI

Hegewald & Peschke

FORM+TEST

3R

Walter+Bai AG

HOYTOM

VECTOR

AMETEK Sensors, Test & Calibration

STEP LAB

Shimadzu

Tinius Olsen

IBERTEST

Jinan Tianchen Testing Machine Manufacturing

TesT GmbH

LBG Srl

Laizhou Huayin Testing Instrument

Shandong Drick Instruments

SCITEQ

Applied Test Systems

Kehui Group

Shanghai Hualong Test Instruments

Ji'nan Shijin Group

Suns

Changchun Kexin Test Instrument

WANCE Group

ADMET

Torontech Group

KLA-Tencor

Qualitest International

Tianshui Hongshan Testing Machine

Shenzhen Reger

Hung Ta Instrument

Jinan Fine Testing Instrument

Jinan Liangong Testing Technology

Jinan Heng Rui Jin Testing Machine

Outline of Major Chapters:

Chapter 1: Introduces the definition of Universal Testing Machine, market overview.

Chapter 2: Global Universal Testing Machine market size in revenue and volume.

Chapter 3: Detailed analysis of Universal Testing Machine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Universal Testing Machine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Universal Testing Machine capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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