LONDON--(BUSINESS WIRE)--Technavio market research analysts forecast the global fatigue testing machine market to grow at a CAGR of more than 3% during the period 2018-2022, according to their latest report.
This market research report segments the global fatigue testing machine market into the following applications (automotive industry, aerospace industry, composites industry, and medical industry) and key regions (the Americas, APAC, and EMEA).
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In this report, Technavio analysts highlight the increasing demand for fatigue testing machine from the automotive industry as a key factor contributing to the growth of the global fatigue testing machine market:
Increasing demand for fatigue testing machine from the automotive industry
The automobile sector uses a number of materials such as rubber, plastic, metals, and alloys to produce vehicles. All these materials go through multiple cycles of loading and stresses. These steps may damage or fail the material. Fatigue testing machines are used in order to determine the durability of materials. These machines form an essential part in the automotive industry of estimating the fatigue life of production materials. These machines are crucial to produce vehicles in the automotive industry.
According to a senior analyst at Technavio for engineering tools, “Each material undergoes component-wise and structural fatigue testing to understand the behavior of the substance individually and as structural units. In automotive production, there are specific fatigue testing machines used for each material. High-frequency fatigue testing machines are used in the automotive sector. With the advent of just in time processing in manufacturing plants, automotive companies are transitioning to ultra-high frequency fatigue testing machines, which can decrease the turnaround time to an extent.”
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Global fatigue testing machine market segmentation
The Americas was the leading region for the global fatigue testing machine market in 2017, accounting for a market share of nearly 37%. By 2022, APAC is expected to witness the highest growth rate due to the rapid growth of key end-user industries, such as automotive, aerospace, and medical. Such industries are expected to drive demand for fatigue testing machines in the region during the forecast period.
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