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Global Mechanical Test Equipment Industry Global Mechanical Test Equipment Industry

09-26-2018 07:21 AM CET | Industry, Real Estate & Construction

Press release from: QY Research, Inc. 

Global Mechanical Test Equipment Industry Global Mechanical

This study focuses on the production side and consumption side of Mechanical Test Equipment, presents the global Mechanical Test Equipment market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

In terms of production side, this report researches the Mechanical Test Equipment capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Mechanical Test Equipment by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

Mechanical testing reveals the elastic and inelastic behavior of a material when force is applied. A mechanical test shows whether a material or part is suitable for its intended mechanical applications by measuring elasticity, tensile strength, elongation, hardness, fracture toughness, impact resistance, stress rupture, and fatigue limit.

North America was the largest consumption market with a market share of 25.13% in 2012 and 21.53% in 2017 with an increase of 3.60 %. China and Europe ranked the second and third markets with the market share of 21.13% and 20.14% in 2016.

This market is increasingly witnessing a trend towards upgrading equipment, replacing relevant modules of existing systems and retrofitting. This is mainly due to advancements made in computer control technology, which has led to a growing focus on data collection and real time analysis. Retrofitting is attractive to end users who are always limited by low capital budgets. Yet, it challenges the sale of new equipment. To successfully deal with this challenge, companies should maintain a balance between retrofitting and selling new equipment. From another point of view, it could also be considered as an opportunity companies could take advantage of to improve their sales and market position.

The Mechanical Test Equipment market was valued at 1070 Million US$ in 2017 and is projected to reach 1390 Million US$ by 2025, at a CAGR of 3.4% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Mechanical Test Equipment.

Request Sample Copy of Report@ https://www.qyresearch.com/sample-form/form/718186/global-mechanical-test-equipment-industry-research-report-growth-trends-and-competitive-analysis

This report includes the following manufacturers; we can also add the other companies as you want.

MTS

Shimadzu

Zwick/Roell

INSTRON

Hegewald & Peschke

AMETEK

CIMACH

Tinius Olsen

Shanghai Hualong Test Instrumens

Hung Ta

Applied Test Systems

Torontech Group International

Market Segment by Product Type

Universal Testing Machine

Fatigue Testing Machine

Special Testing Machine

Market Segment by Application

Manufacturing

Civil Engineering

Pharmaceutical Industry

Scientific Institutions

Others

Key Regions split in this report:

North America

United States

Canada

Mexico

Asia-Pacific

Buy Full Report Now, Report delivery time within 24 hours @ https://www.qyresearch.com/settlement/pre/f6adf264546a2bd4bdc7163c13bacfc7,0,1,Global%20Mechanical%20Test%20Equipment%20Industry%20Research%20Report%252C%20Growth%20Trends%20and%20Competitive%20Analysis%202018-2025

QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.

QY Research, INC.
17890 Castleton, Suite 218,
City of industry, CA – 91748
USA: +1 6262 952 442
China: +86 1082 945 717
Japan: +81 9038 009 273
India: +91 9766 478 224
Emails – enquiry@qyresearch.com
Web – www.qyresearch.com
Expert News: www.qyresearch.com/expert/list

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