Owing to their simple test fixture and minimum sample machining requirement, four column testing machines continue to define manufacturers’ bottom lines. As four column testing machines account for nearly half of market revenues, manufacturers are significantly focused on this product category.
However, four column testing machines will see a dip in their demand due to their high upfront costs, thus, are likely to lose share to other UTMs - dual and single column testing machines through 2029.
The worldwide adoption of UTMs is primarily concentrated at the developed regions of North America and Europe, which collectively account for around 45% of total sales. The US and the UK are spearheading the regional markets respectively, with the market in former reflecting the most worthwhile sales opportunities.
While these developed regional markets continue to lead the pack in the global landscape, market players are also eyeing growth potential in East Asia, owing to the thriving end-use industries - construction, automotive, and electronics & electrical.
Universal testing machines are finding utilization in several areas including, wood product testing, metal testing, and glass manufacturing. This increasing demand for diverse material testing is accenting for specific UTMs, which is further spurring manufacturers to develop UTMs wide a measuring range.
Market players, therefore, must drive their focus on the application-centric approach in order to expand their global customer base.
The automotive industry will remain the key contributor to the global revenues of universal testing machines throughout the forecast period. Used to determine mechanical test data including, design stiffness, and material rigidity, a significant portion of stakeholders’ investments will remain channelized towards this end-use industry. Following the same scenario, adoption of UTMs in the textile and paper & plastics industries is expected to rise rapidly, accenting collective revenues worth around USD 200 Million in 2029.
The global universal testing machine market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.
The universal testing machine market is likely to secure a CAGR of 4.2% through 2029.
The universal testing machine market size is estimated to cross USD 644 Million by 2029.
The universal testing machine market is likely to record a value of USD 427 Million in 2020.
North America is likely to lead the universal testing machine market.
Table 01: Global Universal Testing Machine Market Value (US$ Mn) and Volume (units) Analysis by Product Type, 2014-2029
Table 02: Global Universal Testing Machine Market Value (US$ Mn) Analysis by End-use Industry, 2014-2029
Table 03: Global Universal Testing Machine Market Size (US$ Mn) and Volume (Units) Forecast by Region, 2014–2029
Table 04: North America Universal Testing Machine Market Value (US$ Mn) Analysis by Country, 2014-2029
Table 05: North America Universal Testing Machine Market Value (US$ Mn) Analysis by Product Type, 2014-2029
Table 06: North America Universal Testing Machine Market Value (US$ Mn) Analysis by End Use Industry, 2014-2029
Table 07: Latin America Universal Testing Machine Market Value (US$ Mn) Analysis by Country, 2014-2029
Table 08: Latin America Universal Testing Machine Market Value (US$ Mn) Analysis by Product Type, 2014-2029
Table 09: Latin America Universal Testing Machine Market Value (US$ Mn) Analysis by End Use Industry, 2014-2029
Table 10: Europe Universal Testing Machine Market Value (US$ Mn) Analysis by Country, 2014-2029
Table 11: Europe Universal Testing Machine Market Value (US$ Mn) Analysis by Product Type, 2014-2029
Table 12: Europe Universal Testing Machine Market Value (US$ Mn) Analysis by End Use Industry, 2014-2029
Table 13: East Asia Universal Testing Machine Market Value (US$ Mn) Analysis by Country, 2014-2029
Table 14: East Asia Universal Testing Machine Market Value (US$ Mn) Analysis by Product Type, 2014-2029
Table 15: East Asia Universal Testing Machine Market Value (US$ Mn) Analysis by End Use Industry, 2014-2029
Table 16: South Asia Universal Testing Machine Market Value (US$ Mn) Analysis by Country, 2014-2029
Table 17: South Asia Universal Testing Machine Market Value (US$ Mn) Analysis by Product Type, 2014-2029
Table 18: South Asia Universal Testing Machine Market Value (US$ Mn) Analysis by End Use Industry, 2014-2029
Table 19: Middle East & Africa Universal Testing Machine Market Volume (Units) Analysis by Country, 2014-2029
Table 20: Middle East & Africa Universal Testing Machine Market Value (US$ Mn) Analysis by Product Type, 2014-2029
Table 21: Middle East & Africa Universal Testing Machine Market Value (US$ Mn) Analysis by End Use Industry, 2014-2029
Table 22: Oceania Universal Testing Machine Market Volume (Units) Analysis by Country, 2014-2029
Table 23: Oceania Universal Testing Machine Market Value (US$ Mn) Analysis by Product Type, 2014-2029
Table 24: Oceania Universal Testing Machine Market Value (US$ Mn) Analysis by End Use Industry, 2014-2029
Table 25: China Universal Testing Machine Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2018 and Forecast 2019 – 2029 By Product Type
Table 26: China Universal Testing Machine Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2018 and Forecast 2019 – 2029 By End Use Industry
Table 27: India Universal Testing Machine Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2018 and Forecast 2019 – 2029 By Product Type
Table 28: India Universal Testing Machine Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2018 and Forecast 2019 – 2029 By End Use Industry
Table 29: Northern Africa Universal Testing Machine Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2018 and Forecast 2019 – 2029 By Product Type
Table 30: Northern Africa Universal Testing Machine Market Value (US$ Mn) and Volume (Units) Historical Data 2014 – 2018 and Forecast 2019 – 2029 By End Use Industry
Figure 01: Global Universal Testing Machine Market Volume (Units) and Y-o-Y Growth Rate from 2019-2029
Figure 02: Global Universal Testing Machine Market Value (US$ Mn) and Y-o-Y Growth Rate from 2019-2029
Figure 03: Global Universal Testing Machine Market Absolute $ Opportunity Analysis, 2019-2029
Figure 04: Global Universal Testing Machine Market Share and BPS Analysis by Product Type- 2019 & 2029
Figure 05: Global Universal Testing Machine Market Y-o-Y Growth by Product Type, 2019-2029
Figure 06: Global Universal Testing Machine Market Attractiveness Analysis by Product Type, 2019-2029
Figure 07: Global Single Column Testing Machines Segment Market Absolute $ Opportunity, 2019-2029
Figure 08: Global Dual Column Testing Machines Segment Market Absolute $ Opportunity, 2019-2029
Figure 09: Four Column Testing Machines Segment Market Absolute $ Opportunity, 2019-2029
Figure 10: Global Universal Testing Machine Market Share and BPS Analysis by End-use Industry - 2019 & 2029
Figure 11: Global Universal Testing Machine Market Y-o-Y Growth by End-use Industry, 2019-2029
Figure 12: Global Universal Testing Machine Market Attractiveness Analysis by End-use Industry, 2019-2029
Figure 13: Automotive Segment Market Absolute $ Opportunity, 2019-2029
Figure 14: Paper & Plastic Segment Market Absolute $ Opportunity, 2019-2029
Figure 15: Textile Segment Market Absolute $ Opportunity, 2019-2029
Figure 16: Electronics & Electrical Segment Market Absolute $ Opportunity, 2019-2029
Figure 17: Aerospace Material Testing Segment Market Absolute $ Opportunity, 2019-2029
Figure 18: Construction Material Testing Segment Market Absolute $ Opportunity, 2019-2029
Figure 19: Research & Academia Segment Market Absolute $ Opportunity, 2019-2029
Figure 20: Others Segment Market Absolute $ Opportunity, 2019-2029
Figure 21: Global Universal Testing Machine Market Share and BPS Analysis by Region - 2019 & 2029
Figure 22: Global Universal Testing Machine Market Y-o-Y Growth by Region, 2019-2029
Figure 23: Global Universal Testing Machine Market Attractiveness Analysis by Region, 2019-2029
Figure 24: North America Market Absolute $ Opportunity, 2019-2029
Figure 25: Latin America Market Absolute $ Opportunity, 2019-2029
Figure 26: Europe Market Absolute $ Opportunity, 2019-2029
Figure 27: Middle East & Africa Market Absolute $ Opportunity, 2019-2029
Figure 28: East Asia Market Absolute $ Opportunity, 2019-2029
Figure 30: Oceania Market Absolute $ Opportunity, 2019-2029
Figure 31: North America Universal Testing Machine Market Value (US$ Mn) Forecast and Incremental & Opportunity Analysis, 2019 & 2029
Figure 32: North America Universal Testing Machine Market Value (US$ Mn), 2014-2018
Figure 33: North America Universal Testing Machine Market Value (US$ Mn) Forecast, 2019-2029
Figure 34: North America Universal Testing Machine Market Share and BPS Analysis by Country 2019 & 2029
Figure 35: North America Universal Testing Machine Market Y-o-Y Growth by Country, 2019-2029
Figure 36: North America Universal Testing Machine Market Attractiveness Analysis by Country, 2019-2029
Figure 37: US Market Absolute $ Opportunity, 2019-2029
Figure 38: Canada Market Absolute $ Opportunity, 2019-2029
Figure 39: North America Universal Testing Machine Market Share and BPS Analysis by Product Type- 2019 & 2029
Figure 40: North America Universal Testing Machine Market Y-o-Y Growth by Product Type, 2019-2029
Figure 41: North America Universal Testing Machine Market Attractiveness Analysis by Product type, 2019-2029
Figure 42: North America Universal Testing Machine Market Share and BPS Analysis by End Use Industry - 2019 & 2029
Figure 43: North America Universal Testing Machine Market Y-o-Y Growth by End Use Industry, 2019-2029
Figure 44: North America Universal Testing Machine Market Attractiveness Analysis by End Use Industry, 2019-2029
Figure 45: Latin America Universal Testing Machine Market Value (US$ Mn) Forecast and Incremental & Opportunity Analysis, 2019 & 2029
Figure 46: Latin America Universal Testing Machine Market Value (US$ Mn), 2014-2018
Figure 47: Latin America Universal Testing Machine Market Value (US$ Mn) Forecast, 2019-2029
Figure 48: Latin America Universal Testing Machine Market Share and BPS Analysis by Country 2019 & 2029
Figure 49: Latin America Universal Testing Machine Market Y-o-Y Growth by Country, 2019-2029
Figure 50: Latin America Universal Testing Machine Market Attractiveness Analysis by Country, 2019-2029
Figure 51: Brazil Market Absolute $ Opportunity, 2019-2029
Figure 52: Mexico Market Absolute $ Opportunity, 2019-2029
Figure 53: Rest of Latin America Market Absolute $ Opportunity, 2019-2029
Figure 54: Latin America Universal Testing Machine Market Share and BPS Analysis by Product Type- 2019 & 2029
Figure 55: Latin America Universal Testing Machine Market Y-o-Y Growth by Product Type, 2019-2029
Figure 56: Latin America Universal Testing Machine Market Attractiveness Analysis by Product type, 2019-2029
Figure 57: Latin America Universal Testing Machine Market Share and BPS Analysis by End Use Industry - 2019 & 2029
Figure 58: Latin America Universal Testing Machine Market Y-o-Y Growth by End Use Industry, 2019-2029
Figure 59: Latin America Universal Testing Machine Market Attractiveness Analysis by End Use Industry, 2019-2029
Figure 60: Europe Universal Testing Machine Market Value (US$ Mn) Forecast and Incremental & Opportunity Analysis, 2019 & 2029
Figure 61: Europe Universal Testing Machine Market Value (US$ Mn), 2014-2018
Figure 62: Europe Universal Testing Machine Market Value (US$ Mn) Forecast, 2019-2029
Figure 63: Europe Universal Testing Machine Market Share and BPS Analysis by Country - 2019 & 2029
Figure 64: Europe Universal Testing Machine Market Y-o-Y Growth by Country, 2019-2029
Figure 65: Europe Universal Testing Machine Market Attractiveness Analysis by Country, 2019-2029
Figure 66: Germany Universal Testing Machine Market Absolute $ Opportunity, 2019-2029
Figure 67: Italy Universal Testing Machine Market Absolute $ Opportunity, 2019-2029
Figure 68: France Universal Testing Machine Market Absolute $ Opportunity, 2019-2029
Figure 69: U.K. Universal Testing Machine Market Absolute $ Opportunity, 2019-2029
Figure 70: Spain Universal Testing Machine Market Absolute $ Opportunity, 2019-2029
Figure 71: Russia Universal Testing Machine Market Absolute $ Opportunity, 2019-2029
Figure 72: Rest of Europe Universal Testing Machine Market Absolute $ Opportunity, 2019-2029
Figure 73: Europe Universal Testing Machine Market Share and BPS Analysis by Product Type- 2019 & 2029
Figure 74: Europe Universal Testing Machine Market Y-o-Y Growth by Product Type, 2019-2029
Figure 75: Europe Universal Testing Machine Market Attractiveness Analysis by Product type, 2019-2029
Figure 76: Europe Universal Testing Machine Market Share and BPS Analysis by End Use Industry - 2019 & 2029
Figure 77: Europe Universal Testing Machine Market Y-o-Y Growth by End Use Industry, 2019-2029
Figure 78: Europe Universal Testing Machine Market Attractiveness Analysis by End Use Industry, 2019-2029
Figure 79: East Asia Universal Testing Machine Market Value (US$ Mn) Forecast and Incremental & Opportunity Analysis, 2019 & 2029
Figure 80: East Asia Universal Testing Machine Market Value (US$ Mn), 2014-2018
Figure 81: East Asia Universal Testing Machine Market Value (US$ Mn) Forecast, 2019-2029
Figure 82: East Asia Universal Testing Machine Market Share and BPS Analysis by Country 2019 & 2029
Figure 83: East Asia Universal Testing Machine Market Y-o-Y Growth by Country, 2019-2029
Figure 84: East Asia Universal Testing Machine Market Attractiveness Analysis by Country, 2019-2029
Figure 85: China Universal Testing Machine Market Absolute $ Opportunity, 2019-2029
Figure 86: Japan Universal Testing Machine Market Absolute $ Opportunity, 2019-2029
Figure 87: South Korea Universal Testing Machine Market Absolute $ Opportunity, 2019-2029
Figure 88: East Asia Universal Testing Machine Market Share and BPS Analysis by Product Type- 2019 & 2029
Figure 89: East Asia Universal Testing Machine Market Y-o-Y Growth by Product Type, 2019-2029
Figure 90: East Asia Universal Testing Machine Market Attractiveness Analysis by Product type, 2019-2029
Figure 91: East Asia Universal Testing Machine Market Share and BPS Analysis by End Use Industry - 2019 & 2029
Figure 92: East Asia Universal Testing Machine Market Y-o-Y Growth by End Use Industry, 2019-2029
Figure 93: East Asia Universal Testing Machine Market Attractiveness Analysis by End Use Industry, 2019-2029
Figure 94: South Asia Universal Testing Machine Market Value (US$ Mn) Forecast and Incremental & Opportunity Analysis, 2019 & 2029
Figure 95: South Asia Universal Testing Machine Market Value (US$ Mn), 2014-2018
Figure 96: South Asia Universal Testing Machine Market Value (US$ Mn) Forecast, 2019-2029
Figure 97: South Asia Universal Testing Machine Market Share and BPS Analysis by Country 2019 & 2029
Figure 98: South Asia Universal Testing Machine Market Y-o-Y Growth by Country, 2019-2029
Figure 99: South Asia Universal Testing Machine Market Attractiveness Analysis by Country, 2019-2029
Figure 100: India Universal Testing Machine Market Absolute $ Opportunity, 2019-2029
Figure 101: Thailand Universal Testing Machine Market Absolute $ Opportunity, 2019-2029
Figure 102: Indonesia Universal Testing Machine Market Absolute $ Opportunity, 2019-2029
Figure 103: Malaysia Universal Testing Machine Market Absolute $ Opportunity, 2019-2029
Figure 104: Rest of South Asia Universal Testing Machine Market Absolute $ Opportunity, 2019-2029
Figure 105: South Asia Universal Testing Machine Market Share and BPS Analysis by Product Type- 2019 & 2029
Figure 106: South Asia Universal Testing Machine Market Y-o-Y Growth by Product Type, 2019-2029
Figure 107: South Asia Universal Testing Machine Market Attractiveness Analysis by Product type, 2019-2029
Figure 108: South Asia Universal Testing Machine Market Share and BPS Analysis by End Use Industry - 2019 & 2029
Figure 109: South Asia Universal Testing Machine Market Y-o-Y Growth by End Use Industry, 2019-2029
Figure 110: South Asia Universal Testing Machine Market Attractiveness Analysis by End Use Industry, 2019-2029
Figure 111: Middle East & Africa Universal Testing Machine Market Value (US$ Mn) Forecast and Incremental & Opportunity Analysis, 2019 & 2029
Figure 112: Middle East & Africa Universal Testing Machine Market Value (US$ Mn), 2014-2018
Figure 113: Middle East & Africa Universal Testing Machine Market Value (US$ Mn) Forecast, 2019-2029
Figure 114: Middle East & Africa Universal Testing Machine Market Share and BPS Analysis by Country 2019 & 2029
Figure 115: Middle East & Africa Universal Testing Machine Market Y-o-Y Growth by Country, 2019-2029
Figure 116: Middle East & Africa Universal Testing Machine Market Attractiveness Analysis by Country, 2019-2029
Figure 117: Turkey Universal Testing Machine Market Absolute $ Opportunity, 2019-2029
Figure 118: GCC Countries Universal Testing Machine Market Absolute $ Opportunity, 2019-2029
Figure 119: South Africa Universal Testing Machine Market Absolute $ Opportunity, 2019-2029
Figure 120: Northern Africa Universal Testing Machine Market Absolute $ Opportunity, 2019-2029
Figure 121: Rest of MEA Universal Testing Machine Market Absolute $ Opportunity, 2019-2029
Figure 122: Middle East & Africa Universal Testing Machine Market Share and BPS Analysis by Product Type- 2019 & 2029
Figure 123: Middle East & Africa Universal Testing Machine Market Y-o-Y Growth by Product Type, 2019-2029
Figure 124: Middle East & Africa Universal Testing Machine Market Attractiveness Analysis by Product type, 2019-2029
Figure 125: Middle East & Africa Universal Testing Machine Market Share and BPS Analysis by End Use Industry - 2019 & 2029
Figure 126: Middle East & Africa Universal Testing Machine Market Y-o-Y Growth by End Use Industry, 2019-2029
Figure 127: Middle East & Africa Universal Testing Machine Market Attractiveness Analysis by End Use Industry, 2019-2029
Figure 128: Oceania Universal Testing Machine Market Value (US$ Mn) Forecast and Incremental & Opportunity Analysis, 2019 & 2029
Figure 129: Oceania Universal Testing Machine Market Value (US$ Mn), 2014-2018
Figure 130: Oceania Universal Testing Machine Market Value (US$ Mn) Forecast, 2019-2029
Figure 131: Oceania Universal Testing Machine Market Share and BPS Analysis by Country 2019 & 2029
Figure 132: Oceania Universal Testing Machine Market Y-o-Y Growth by Country, 2019-2029
Figure 133: Oceania Universal Testing Machine Market Attractiveness Analysis by Country, 2019-2029
Figure 134: Australia Universal Testing Machine Market Absolute $ Opportunity, 2019-2029
Figure 135: New Zealand Universal Testing Machine Market Absolute $ Opportunity, 2019-2029
Figure 136: Oceania Universal Testing Machine Market Share and BPS Analysis by Product Type- 2019 & 2029
Figure 137: Oceania Universal Testing Machine Market Y-o-Y Growth by Product Type, 2019-2029
Figure 138: Oceania Universal Testing Machine Market Attractiveness Analysis by Product type, 2019-2029
Figure 139: Oceania Universal Testing Machine Market Share and BPS Analysis by End Use Industry - 2019 & 2029
Figure 140: Oceania Universal Testing Machine Market Y-o-Y Growth by End Use Industry, 2019-2029
Figure 141: Oceania Universal Testing Machine Market Attractiveness Analysis by End Use Industry, 2019-2029
Figure 142: Global Universal Testing Machine Market Share by Region, 2019E
Figure 143: Emerging Markets Universal Testing Machine Market Share by Country, 2019E
Figure 144: Global & Emerging Countries Market Share and BPS Analysis – 2019 & 2029
Figure 145: Global & Emerging Countries Universal Testing Machine Market Y-o-Y Growth Projections, 2019-2029
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