Global and China Universal Testing Machine Market Insights, Forecast to 2027

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.
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 Scientific and Education, followed by Automobile Manufacturing, Metallurgical Smelting, etc.

Market Analysis and Insights: Global and China Universal Testing Machine Market
This report focuses on global and China Universal Testing Machine market.
In 2020, the global Universal Testing Machine market size was US$ 390 million and it is expected to reach US$ 480 million by the end of 2027, with a CAGR of 3.0% during 2021-2027. In China the Universal Testing Machine market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Universal Testing Machine Scope and Market Size
Universal Testing Machine market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Universal Testing Machine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Universal Testing Machine market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Electromechanical UTM
Hydraulic UTM

Segment by Application
Automobile Manufacturing
Defense Military
Aeronautics and Astronautics
Scientific and Education
Electronics
Metallurgical Smelting
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
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