Global Material Testing Market to Reach US$ 7.8 Billion by 2027 | IMARC Group

As per the latest report by IMARC Group, titled “Material Testing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,”the material testing market size reached US$ 5.8 Billion in 2021. Looking forward, IMARC Group expects the market value to reach US$ 7.8 Billion by 2027, exhibiting a CAGR of 5.11% during the forecast period (2022-2027).

Material testing refers to the process of determining the physical, structural, and mechanical properties of various materials and components. It is used to analyze the characteristics and behavior of metals, ceramics, or plastics under various conditions. The data obtained is furtherutilized to specify the suitability of materials for multiple applications such as building or aircraft constructionand packaging.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request Free Sample Report: https://www.imarcgroup.com/material-testing-market/requestsample

Global Material Testing Market:

The market is primarily driven by the expanding construction industry as raw materials, such as adhesives, sealants, concretes, mortar, ceramics, slates, stones, and pipes, are tested to check for the desired properties. Moreover, the growingfocus on meeting manufacturing standards such as ASTM and ISO is also contributing to the market growth. Besides this, the manufacturing of innovative composites across various industries represents another growth-inducing factor. Moreover, the market is furtherpropelled by several technological advancements, such as the development of testing equipment with multi-stage testing capabilities and picture-video capture functionalities. Furthermore, increasing product adoption by the medical sector to test material integrity, surface morphology, and adhesion capacities, along with extensive research and development (R&D) activities, are some of the other factors anticipated to propel the market growth in the coming years. 

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/material-testing-market

Market Summary:

  • Based on the type, the market has been segmented into universal, servohydraulic, hardness, impact, and non-destructive testing machines.
  • On the basis of the material, the market has been classified into metals and alloys, plastics, rubber and elastomers, ceramics and composites, and others.
  • Based on the end-use industry, the market has been categorized into automotive, construction, education, aerospace and defence, oil and gas, energy and power, and others.
  • Region-wise, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
  • The report has also analyzed the competitive landscape of the market, with some of the key players being Admet Inc., Ametek Inc., Applied Test Systems LLC, Illinois Tool Works Inc., Labquip, Mistras Group Inc., Mitutoyo Corporation, MTS Systems Corporation, Shimadzu Corporation, Tinius Olsen Ltd., Wirsam Scientific, and ZwickRoell AG.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

 

コメント

コメントを投稿

このブログの人気の投稿

Telehealth Market Size, Industry Trends, Share, Growth and Report 2024-2032

イメージ
 The latest report by IMARC Group, titled “ Telehealth Market Report by Component (Software, Hardware, Services), Communication Technology (Video Conferencing, mHealth Solutions, and Others), Hosting Type (Cloud-Based and Web-Based, On-Premises), Application (Teleconsultation and Telementoring, Medical Education and Training, Teleradiology, Telecardiology, Tele-ICU, Tele-Psychiatry, Tele-Dermatology, and Others), End-User (Providers, Patients, Payers, and Others), and Region 2024-2032 “, The global telehealth market size reached US$ 19.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 97.3 Billion by 2032, exhibiting a growth rate (CAGR) of 19.7% during 2024-2032. Factors Affecting the Growth of the Telehealth Industry: Technological Advancements: The telehealth market is transformed by rapid innovations in digital health technologies. Mobile health applications are democratizing access to healthcare services, enabling patients to manage their health more
続きを読む

Precast Concrete Market Size, Growth, Share, Trends And Forecast 2023-2028

イメージ
 The latest report by IMARC Group, titled “ Precast Concrete Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 “, The global precast concrete market size reached US$ 122.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 166.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028.  Precast concrete is prepared, cast, and cured at an off-site location using a reusable mold, usually in a controlled factory environment. The precast concrete components are transported to the construction site after curing and assembled to create a complete structure. It is generally used to construct structural components, including wall panels, beams, columns, floors, pipes, staircases, tunnels, and girders. It is cost-effective, saves construction time, and offers more durability and dimensional accuracy than traditional concrete. In addition, its elements can be easily rearranged, making it easier to plan for future
続きを読む

Food Alternative Protein Market Report 2024, Industry Trends, Growth, Size and Forecast Till 2032

イメージ
 The latest report by IMARC Group, titled “ Food Alternative Protein Market Report by Source (Plant-based, Insect-based, Microbial-based), Application (Meat Analogs, Bakery, Dairy Alternatives, Cereals and Snacks, Beverages, and Others), and Region 2024-2032 “, The global food alternative protein market size reached US$ 19.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 52.3 Billion by 2032, exhibiting a growth rate (CAGR) of 11.1% during 2024-2032. Factors Affecting the Growth of Food Alternative Protein Industry: Environmental Sustainability: One of the primary drivers fueling the growth of the food alternative protein market is the increasing awareness about environmental sustainability. Traditional animal agriculture is associated with significant environmental impacts, including greenhouse gas emissions, land use, water consumption, and deforestation. As the global population continues to grow and demand for protein-rich diets rises, the environmen
続きを読む