DUBLIN--(BUSINESS WIRE)--The "Material Testing Market by Type (Universal Testing Machines, Servohydraulic Testing Machines, Hardness Test Equipment), End-Use Industry (Automotive, Construction, Educational Institutions), Material, and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The material testing market is estimated at USD 633.6 Million in 2017 and is projected to reach USD 785.7 Million by 2022, at a CAGR of 4.4% from 2017 to 2022.
The high demand for material testing in various industries, such as aerospace & defense, automotive, educational institution, and construction is driving the material testing market.
The material testing market in Asia Pacific is the largest and fastest-growing market, owing to the growing industrialization and increasing educational research activities in this region.
The key restraining factor in the material testing market is the wastage of material resources and amount spent on it. Companies such as Instron (US), Zwick Roell (Germany), MTS Systems (US), Shimadzu (Japan), Tinius Olsen (US), Ametek (US), and others are engaged in new product launches, mergers & acquisitions, and investments & expansions to enhance their foothold in the market.
- Growing Importance of Manufacturing Quality Products
- Economic Benefits Associated With ASTM Standards
- Wastage of Resources in Destructive Testing
- Growing Demand From Composite and Plastic Processing Industries
- Political and Economic Uncertainties
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Material Testing Market, by Type
7 Material Testing Market, by Material
8 Material Testing Market, by End-Use Industry
9 Material Testing Market, by Region
10 Competitive Landscape
11 Company Profile
- Applied Test Systems
- ETS Intarlaken
- Hegewald & Peschke
- MTS Systems
- Qualitest International
- TA Instruments
- Tinius Olsen
- Zwick Roell
For more information about this report visit https://www.researchandmarkets.com/research/6tdjrr/global_785?w=4