Mechanical Testing Equipment Market Analysis

Construction and Infrastructure Activities Creating Potential Demand Generation Opportunities

The upsurge in infrastructure as well as construction activities, specifically in developing countries, is expected to significantly raise the demand for iron and steel materials, thereby driving the mechanical testing equipment market. The rapid growth of the construction sector is a significant factor in the growth of mechanical testing equipment market in the forecast period.

Metals such as steel and iron have a critical role in the construction sector and constantly underscore the significance of using high-quality products. Meanwhile, the need for reliability, durability, and safety of materials used in construction industry increases, the use of mechanical testing equipment also increases thereby generating the demand for the growth of mechanical testing equipment market. Rapid growth of the construction industry will drive the growth of the global automated mechanical testing equipment market.

Global Mechanical Testing Equipment Market: Key Dynamics

Need for Mechanical Testing Equipment Increasing in Testing of Food Products and Packaging Materials

The adoption of mechanical testing equipment is rising significantly in the food and packaging industry. Various types of materials, like plastic, paperboard, aluminum canning, as well as glass are used for packaging food products, such as vegetables, fruits, milk, cheese, snacks, meat, seafood, condiments and confectioneries.

Rising Export of Electronics & Semiconductor Products Supplementing Demand Growth

The rising exports of electronic goods from major electronics manufacturers of the countries, such as Japan, Taiwan, Singapore, and South Korea are increasing. The ever increasing demand for electronics and semiconductors is primarily because of the increasing penetration of smartphones in the global market. The shipment of smartphones and other consumer electronics is rapidly growing.

The mechanical testing equipment is of prime importance when it comes to the testing electronic components as it helps in the research and development of new product design as well as finished products. Various parameters involved in the electronics testing are shear, tension, adhesive/bond strength, peel strength, flexure, delamination, and force required for making the electrical contacts. Owing to these factors the demand for mechanical testing equipment is rising in the global market.

Global mechanical Testing Equipment Market: Market Segmentation

Global Mechanical Testing Equipment Market: Competitive Landscape

The mechanical testing equipment market is fragmented with the presence of numerous global and local players who manufacture and supply an extensive range of products for testing different material parameters. Various local, as well as regional market players, are offering application-specific mechanical testing equipment for multiple end-users. The local manufacturers are finding it more and more difficult to compete with international manufacturers on the basis of quality, technological innovations, reliability, and durability.

Some of the prominent players operating in the global mechanical testing equipment market include Applied Test Systems, INSTRON, Torontech Group International, Zwick/Roell, MTS Systems, Hegewald & Peschke, AMETEK, Shimadzu, and others.

Global Mechanical Testing Equipment Market: Regional Outlook

The construction sector has a progressive outlook globally due to major construction activities, and infrastructure projects are under process. APEJ region is one of the major markets for infrastructure and construction industry and is expected to grow at the highest rate globally during the forecast period. Owing to this the APEJ region is expected to hold the prominent share of global mechanical testing equipment market in the forecast period.

The ongoing developments in real estate and infrastructure sectors in the Latin American region are the main reason for the considerable share of the region in the global market. Due to high developments in the technology and saturation in the industrialization, the North America region is anticipated to show constant growth in the global mechanical testing equipment market. The high demand for advanced and automatic testing equipment in the region are expected to rise during the forecast period.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with Mechanical Testing Equipment market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

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