Global Material Testing Market Insights and Forecast to 2028

Material testing is the testing of materials, which can provide material manufacturers with the development and development of new materials, improve material quality and maximize the potential of materials.
Market Analysis and Insights: Global Material Testing Market
Due to the COVID-19 pandemic, the global Material Testing market size is estimated to be worth US$ 569.2 million in 2022 and is forecast to a readjusted size of US$ 699.7 million by 2028 with a CAGR of 3.5% during the review period. Fully considering the economic change by this health crisis, Universal Testing Machines accounting for % of the Material Testing global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Construction segment is altered to an % CAGR throughout this forecast period.
The material testing market in Asia Pacific is projected to grow at the highest CAGR during the forecast period, owing to the increased demand for material testing equipment in various industries.
In terms of production side, this report researches the Material Testing capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Material Testing by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Material Testing Scope and Segment
Material Testing market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Material Testing market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Universal Testing Machines
Servohydraulic Testing Machines
Hardness Test
Segment by Application
Construction
Education Authorities
Aerospace Defense
Medical Equipment
Electric Power
Other
By Company
Instron
Zwick Roell
Mts Systems
Shimadzu
Tinius Olsen
Ametek
Admet
Hegewald & Peschke
Applied Test Systems
Mitutoyo
Ta Instruments
Torontech
Qualitest International
Ets Intarlaken
Struers
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE