Cement And Mortar Testing Equipment Market

Name: Cement And Mortar Testing Equipment Market
Brand: Future Market Insights
SKU: Testing Equipment
Price: 5000 USD
Availability: InStock
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Cement and Mortar Testing Equipment Market: Portable Machine Type to Hold High Value Share: Global Industry Analysis 2013 - 2017 and Opportunity Assessment 2018 - 2027

2018-12-18
REP-GB-8147
165 pages

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Cement And Mortar Testing Equipment Market

An Incisive, In-depth Analysis on the Cement And Mortar Testing Equipment Market

This study offers a comprehensive, 360 degree analysis on the Cement And Mortar Testing Equipment market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Cement And Mortar Testing Equipment market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

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Cement and Mortar perform a key role in the construction industry. During the construction process, cement and mortar require a series of tests to ensure compliance and standards of construction. Multiple tests are required to satisfy the compliance requirements. Some of these mandatory tests are compressive strength test, tensile strength test, fineness test, etc. It is also important to check consistency, setting time and flow, soundness and expansion of cement and others. The cement and mortar testing equipment perform these tests to satisfy the standards and regulations. The most common types of cement and mortar testing equipment in the market are humidity cabinets, compression machines, blaine apparatus, tensile testing machines and others.

Cement and Mortar Testing Equipment Market Segmentation: Portable Cement and Mortar Testing Equipment Segment is Expected to Create Highest Incremental Opportunity During the Forecast Period

In this report, FMI has segmented the global cement and mortar testing equipment market on the basis of location, machine type, product type and region. By machine type, the cement and mortar testing equipment market is segmented into stationery and portable. The portable cement and mortar testing equipment segment is expected to project high incremental opportunity in the cement and mortar testing equipment market as these equipment are easy to transport as well as light in weight. Portable cement and mortar testing equipment also reduce the installation and maintenance cost significantly. The portable cement and mortar testing equipment segment is expected to capture the largest market share of the global cement and mortar testing equipment market and is expected to create incremental opportunity worth US$ 206.9 Mn between 2018 and 2027.

Increasing Research & Development Activities and Continuous Training & Development for Using Advanced Cement and Mortar Testing Equipment Are Two Important Factors that Will Drive the Growth of the Cement and Mortar Testing Equipment Market

Increasing spending on research and development is a major factor driving the growth of the cement and mortar testing equipment market. That apart, high spending on construction industry and rapid urbanization will create potential growth opportunities for the cement and mortar testing equipment market during the forecast period. In addition, growing concerns regarding safety will also attract end users towards cement and mortar testing equipment and thus, the cement and mortar testing equipment market is expected to grow at a significant rate during the forecast period. Furthermore, technological advancements in cement and mortar testing equipment, such as automation, increased speed and high accuracy, will further fuel the growth of the cement and mortar testing equipment market during the forecast period.

However, lack of skilled personnel is one of the major factors hampering the growth of the cement and mortar testing equipment market currently and is expected to affect the market negatively during the forecast period as well. However, vendors are continuously focused on training and development activities to overcome challenges. For instance, in September 2018, CONTROLS Group, a leading provider of cement and mortar testing equipment, conducted a training session on concrete compression machines in Italy for its customers.

Technological Advancements in Cement and Mortar Testing Equipment and a Booming Construction Industry are Creating Potential Growth Opportunities

Vendors are offering advanced and digital cement and mortar testing equipment with features such as digital data recording, fully automatic feature with enhanced accuracy of devices. The rapid urbanization and booming construction industry in developing countries of Latin America and MEA are expected to fuel the cement and mortar testing equipment market during the forecast period. The compression machine segment is expected to capture the largest market share of the global cement and mortar testing equipment market and is expected to create an incremental opportunity of US$ 92.5 Mn between 2018 and 2027. The standards such as EN 13454-2, EN 459-2, EN 1015-11, and others are expected to drive the demand for compression machine during the forecast period of global cement and mortar testing equipment market.

Regional Overview: Asia Pacific Excluding Japan is Anticipated to be the Most Attractive Region in the Global Cement and Mortar Testing Equipment Market

On the basis of geography, the cement and mortar testing equipment market is segmented into North America, Latin America, Europe, Japan, APEJ (Asia Pacific Excluding Japan) and Middle East & Africa. The cement and mortar testing equipment market in APEJ is expected to dominate the global cement and mortar testing equipment market owing to rapid urbanization and growing construction industry in various countries in the region. Latin America and developing countries of MEA are also expected to capture a substantial market share in the global cement and mortar testing equipment market owing to growing GDP in these regions.

According to FMI analysis, long-term partnerships with distributors and new innovation strategies are likely to increase revenue, which is expected to enable the manufacturers of cement and mortar testingto reach new growth markets. Some of the market participants in the global cement and mortar testing market report include Humboldt Mfg. Co., NL SCIENTIFIC INSTRUMENTS SDN BHD, Controls S.p.A., ELE International, EIE Instruments, Accro-Tech Scientific Industries, Cement Test Equipment, Aimil Ltd., Qualitest International Inc., Matest and others. Companies, such as Matest and Controls, are expected to increase their market share by entering into long-term partnerships with distributors and expanding their product portfolio with advanced technology products.

Cement and Mortar Testing Equipment Market: Report Synopsis

Future Market Insights (FMI) offers a 9-year forecast for the cement and mortar testing equipment market between 2018 and 2027. In terms of value, the market is expected to register a single-digit CAGR during the forecast period. The study provides global market dynamics and trends across six regions: North America, Latin America, Europe, Japan, APEJ and MEA, which influence the current nature and future status of the cement and mortar testing equipment market over the forecast period.

Cement and Mortar Testing Equipment Market: Report Description

This research report provides a detailed analysis of the cement and mortar testing equipment market and offers insights on the various factors driving the popularity of cement and mortar testing equipment. The report includes an extensive analysis of the key industry drivers, challenges, market trends and market structure. The market study provides a comprehensive assessment of stakeholder strategies and imperatives for succeeding in the business. The cement and mortar testing equipment market report includes market segmentation on the basis of location, machine type, product type and region.

The cement and mortar testing equipment market is expected to witness significant value and volume growth during the forecast period, owing to the growth of the construction industry in various countries around the world and the increasing number of research laboratories.

The global cement and mortar testing equipment market report starts with an overview of the cement and mortar testing equipment market in terms of value and volume. In addition, this section includes an analysis of the key trends, drivers and challenges from the supply, demand and economy side, which are influencing the cement and mortar testing equipment market.

On the basis oflocation, the cement and mortar testing equipmentmarket has been segmented into on-site, R&D laboratory and educational institutes.On the basis of machine type, the cement and mortar testing equipmentmarket has been segmented into portable and stationery. On the basis of product type, the cement and mortar testing equipmentmarket has been segmented into compression machine, humidity cabinet, tensile testing machine, blaine apparatus, cement autoclave and bond strength tester.

A detailed analysis has been provided for every segment in terms of market size analysis for the cement and mortar testing equipmentmarket across different regions. This section provides a detailed analysis covering the key trends prevalent in the global cement and mortar testing equipment market.

The next section of the global cement and mortar testing equipment market report covers a detailed analysis of the cement and mortar testing equipmentmarket across various countries in the region. It provides an outlook for the cement and mortar testing equipmentmarket for the duration 2018–2027, and sets the forecast within the context of the cement and mortar testing equipment market. This study discusses the key trends within the countries contributing to the growth of the cement and mortar testing equipmentmarket as well as analyses the degrees at which the drivers are influencing cement and mortar testing equipmentmarket in each region. The key regions and countries assessed in this report include North America (the U.S. & Canada), Latin America (Brazil, Mexico & the rest of Latin America), Europe (Germany, U.K., Spain, France, Russia & the Rest of Europe), Japan, APEJ (China, India, Malaysia, Singapore, Australia & the rest of APEJ) and MEA (GCC Countries, Israel, South Africa & the rest of MEA). This report evaluates the present scenario and the growth prospects of the cement and mortar testing equipment market across various regions globally for the period 2018 –2027. We have considered 2017 as the base year and provided data for the remaining 12 months.

To offer an accurate forecast, we have started by sizing the current market, which forms the basis of how the cement and mortar testing equipmentmarket is expected to grow in the future. Given the characteristics of the global cement and mortar testing equipment market, we have triangulated the outcome of different types of analysis based on the technology trends.

As previously highlighted, the global cement and mortar testing equipmentmarket has been split into a number of segments. All segments on the basis of location, machine type, product type and region have been analysed in terms of basis points to understand the relative contribution of each individual segment to the cement and mortar testing equipmentmarket growth. This detailed information is important for the identification of various key trends in the global cement and mortar testing equipment market.

In addition, another key feature of the global cement and mortar testing equipmentmarket report includes the analysis of all the key segments in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market; however, the absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve as well as to identify the potential resources from a sales and delivery perspective in the global cement and mortar testing equipmentmarket.

In the final section of the global cement and mortar testing equipment market report, we have included a competitive landscape to provide clients a dashboard view based on the categories of providers in the value chain, their presence in the cement and mortar testing equipment market and key differentiators. This section is primarily designed to provide clients an objective and detailed comparative assessment of key providers specific to a market segment in the cement and mortar testing equipmentsupply chain and the potential players for the same. Report audiences can gain segment-specific vendor insights to identify and evaluate the key competitors based on an in-depth assessment of their capabilities and success in the marketplace. Some of the key competitors covered in the cement and mortar testing equipmentmarket report are Humboldt Mfg. Co., NL Scientific Instruments SDN BHD, Controls S.p.A., ELE International, EIE Instruments, Accro-Tech Scientific Industries, Cement Test Equipment, Aimil Ltd., Qualitest International Inc., Matest and others.