Global Universal Testing Machine Market Insights, Forecast to 2025

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.
Much more companies getting into the universal testing machine industry and the market is much scattered. Key players in universal testing machine market include MTS, INSTRON, Zwick/Roell, Shimadzu, ADMET, Shanghai Hualong, Tianshui Hongshan, etc.
In 2015, major demand is expected to account 34.92% from North America in the global universal testing machine market. China is occupied 33.18% market in universal testing machine industry and will increase stably. Other major demand is expected from emerging markets of Europe, totaled contributed 28 percent.
Universal Testing Machine demand is concentrated in the field of Automobile manufacturing, Defense military, Aeronautics and Astronautics, Scientific and Education, Electronics, Metallurgical smelting and other applications. As of 2015, the Scientific and Education application segment of the universal testing machine is the largest segment of the global universal testing machine market with a market share of 27 percent. On the other hand, the market value accounted in the year 2015 by the Automobile Manufacturing segment is approximately 16.12% of the consumption volume.
The Universal Testing Machine market was valued at 350 Million US$ in 2018 and is projected to reach 450 Million US$ by 2025, at a CAGR of 3.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Universal Testing Machine.

This report presents the worldwide Universal Testing Machine market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
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

Universal Testing Machine Breakdown Data by Type
Single Column Testing Machine
Dual Column Testing Machine
Other (Four Column Testing Machine, etc.)
Universal Testing Machine Breakdown Data by Application
Scientific and Education
Industrial Application

Universal Testing Machine Production by Region
United States
Europe
China
Japan
Other Regions

Universal Testing Machine Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Universal Testing Machine status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Universal Testing Machine manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Universal Testing Machine :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Universal Testing Machine market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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