Market Research Logo

Global Mechanical Test Equipment Market 2017-2021

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Types of mechanical testing equipment
      • Table Global mechanical test equipment market by type 2016-2021
  • Market landscape
    • Market overview
      • Table Market overview
    • Market size and forecast
      • Table Global mechanical test equipment market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by equipment
    • Market overview
      • Table Global mechanical test equipment market segmentation by type 2016 and 2021 (%)
    • Global NDT equipment market
      • Table Global NDT equipment market 2016-2021 ($ billions)
    • Global condition monitoring equipment market
      • Table Global condition monitoring equipment market 2016-2021 ($ billions)
      • Table Changes in the condition of a machine
    • Global NVH equipment market
      • Table Global NVH equipment market 2016-2021 ($ billions)
    • Global material testing equipment market
      • Table Global material testing equipment market 2016-2021 ($ billions)
  • Geographical segmentation
    • Table Global mechanical test equipment market-segmentation by geography 2016 and2021 (%)
    • Mechanical test equipment market in Americas
      • Table Mechanical test equipment market in Americas 2016-2021 ($ billions)
    • Mechanical test equipment market in EMEA
      • Table Mechanical test equipment market in EMEA 2016-2021 ($ billions)
      • Table Growth rate of production of motor vehicles in EU 2011-2016 (%)
    • Mechanical test equipment market in APAC
      • Table Mechanical test equipment market in APAC 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global installed wind power capacity in 2015 (%)
    • Market challenges
      • Table Historical trend of average price of crude oil 2012-2016 ($/barrel)
      • Table Annual GDP growth rate in China 2008-2015 (%)
  • Market trends
    • Testing of food and packaging
      • Table Global food and beverage packaging machinery market 2016-2021 ($ billions)
    • Rising exports of electronics
    • Growth in construction sector
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • Applied Test Systems
      • Table Products offered by Applied Test Systems
    • Illinois Tool Works
      • Table Products offered by Instron
    • MTS Systems
      • Table Products offered by MTS Systems
    • Shimadzu
      • Table Products offered by Shimadzu
    • Zwick Roell
      • Table Products offered by Zwick Roell
  • Appendix
    • List of abbreviations
  • Explore Technavio

About Mechanical Test Equipment

Mechanical testing equipment helps in divulging the elastic and inelastic behavior of a material when an external force is applied. A mechanical test equipment measures the elasticity, tensile strength, hardness, elongation, impact resistance, stress rupture, fatigue limit, and fracture toughness of a material to determine if it is suitable for the intended application. The increase in demand for safe and higher quality goods by major end-users has ensured the deployment of mechanical testing equipment in manufacturing industries.

Technavio’s analysts forecast the global mechanical test equipment market to grow at a CAGR of 5.87% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global mechanical test equipment market for 2017-2021. To calculate the market size, the report considers the demand for mechanical test equipment.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Mechanical Test Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Applied Test Systems
  • Illinois Tool Works
  • MTS Systems
  • Shimadzu
  • Zwick Roell
Other prominent vendors
  • AMETEK
  • Buehler
  • Emerson
  • Hegewald & Peschke
  • Hung Ta Instrument
  • Shanghai Hualong Test Instruments
  • TA Instruments
  • Tinius Olsen
  • Torontech
Market driver
  • Growing power plant projects
  • For a full, detailed list, view our report
Market challenge
  • High cost of test equipment
  • For a full, detailed list, view our report
Market trend
  • Testing of food and packaging
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Mechanical Test Equipment Market 2017-2021

Technavio recognizes the following companies as the key players in the global mechanical test equipment market: Applied Test Systems, Illinois Tool Works, MTS Systems, Shimadzu, and Zwick Roell.

Other Prominent Vendors in the market are: AMETEK, Buehler, Emerson, Hegewald & Peschke, Hung Ta Instrument, Shanghai Hualong Test Instruments, TA Instruments, Tinius Olsen, and Torontech.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is testing of food and packaging. The adoption of material testing equipment is growing significantly in the food and packaging industry. Different types of materials, such as plastic, glass, paperboard, and aluminum canning, are used for packaging food, such as meat, seafood, fruits, vegetables, cheese, milk, snacks, confectioneries, and condiments.”

According to the report, one driver in the market is growing power plant projects. NDT services are used in power plants for industrial equipment and engineered structures to develop strategic plans for extending the life of the plants. Tests, such as equipment integrity analysis, corrosion monitoring of structures and equipment, fatigue and creep damage predictions, and corrosion damage evaluation, are performed to determine the life of the plant. Major power plant projects across the world are expected to drive the demand for mechanical test equipment.

Further, the report states that one challenge in the market is high cost of test equipment. Technological advances have encouraged companies to invest in R&D to offer innovative products for consumers as well as maintain their competitiveness in the market. Mechanical test equipment manufacturers are highly dependent on raw materials for manufacturing the end-product. Fluctuations in prices of raw materials and import duty taxes imposed by governments across the world have increased the production cost for manufacturing mechanical test equipment.

Companies Mentioned

Applied Test Systems, Illinois Tool Works, MTS Systems, Shimadzu, Zwick Roell, AMETEK, Buehler, Emerson, Hegewald & Peschke, Hung Ta Instrument, Shanghai Hualong Test Instruments, TA Instruments, Tinius Olsen, and Torontech.

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report

;