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.
The global market for Universal Testing Machine is estimated to increase from US$ 405.2 million in 2021 to reach US$ 553.8 million by 2028, exhibiting a CAGR of 4.6% during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
In Europe, main manufacturers of universal testing machine include Illinois Tool Work, ZwickRoell and GALDABINI, etc. The top three players hold a share about 50%. Germany is the largest European market, has a share about 19%, followed by France and UK, with share 16% and 15%, separately.
Report Coverage
This latest report provides a deep insight into the global Universal Testing Machine market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc.
This report aims to provide a comprehensive picture of the global Universal Testing Machine market, with both quantitative and qualitative data, to help readers understand how the Universal Testing Machine market scenario changed across the globe during the pandemic and Russia-Ukraine War.
The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions and volume in Units.
Market Segmentation:
The study segments the Universal Testing Machine market and forecasts the market size by Type (Electromechanical UTM and Hydraulic UTM,), by Application (Automobile Manufacturing, Aviation and Military, Universities, Research laboratories and Institutes and Electronics), and region (APAC, Americas, Europe, and Middle East & Africa).
Segmentation by type
Electromechanical UTM
Hydraulic UTM
Segmentation by application
Automobile Manufacturing
Aviation and Military
Universities, Research laboratories and Institutes
Electronics
Metallurgical Smelting
Others
Segmentation by region
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Major companies covered
Illinois Tool Work
ZwickRoell
GALDABINI
Hegewald & Peschke
FORM+TEST
3R
Walter+Bai AG
HOYTOM
VECTOR
AMETEK Sensors, Test & Calibration
STEP LAB
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
Chapter Introduction
Chapter 1: Scope of Universal Testing Machine, Research Methodology, etc.
Chapter 2: Executive Summary, global Universal Testing Machine market size (sales and revenue) and CAGR, Universal Testing Machine market size by region, by type, by application, historical data from 2017 to 2022, and forecast to 2028.
Chapter 3: Universal Testing Machine sales, revenue, average price, global market share, and industry ranking by company, 2017-2022
Chapter 4: Global Universal Testing Machine sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Universal Testing Machine market size forecast by region, by country, by type, and application.
Chapter 13: Comprehensive company profiles of the leading players, including Illinois Tool Work, ZwickRoell, GALDABINI, Hegewald & Peschke, FORM+TEST, 3R, Walter+Bai AG, HOYTOM and VECTOR, etc.
Chapter 14: Research Findings and Conclusion