Press release
Permeability Testing Machine Market Sees Promising Growth during 2018-2028
Permeability Testing Machine Market: IntroductionThe permeability testing machine is a laboratory testing machine used to measure the rate of flow of water through the soil. The permeability can be tested either in the laboratory or on the field. Field test produces a more realistic estimation of the permeability as compared to laboratory test.
The permeability testing machine market is estimated to show significant growth as the demand from end-user industry is increasing day-by-day in the global market. Different types of permeability testing machines are available in the market based on operations including manual and digital. The digital segment is estimated to gain traction in the coming years.
Permeability Testing Machine Market: Market Dynamics
Drivers:
Ever growing construction industries both in developed and developing regions is predicted to be a primary factor driving the growth of the permeability testing machine market over the forecast period. Moreover, increasing educational centers to provide practical knowledge to the students will also surge the demand for the permeability testing machine in the coming years. That apart, increasing urbanization is also predicted to witness the growth of the permeability testing machine market over the forecast period. In 2016, the global urban population was pegged at approx. 4.0 Bn. Furthermore, increasing transportation infrastructural investment is also expected to drive the growth of the permeability testing machine market in the coming decade. In 2017, the United States is anticipated to hold prominent share in investing in road infrastructure followed by Germany and Australia.
Restraints:
The field permeability test is more accurate as compared to the laboratory permeability test. This is anticipated to be a deterrent factor to the growth of the permeability testing machine market over the forecast period.
Trends:
A significant trend projected over the forecast period include market players of permeability testing machine are focused on research and development (R&D) activities to develop new and innovative products. Moreover, the players in the market are focused on strategic expansion to expand presence in the global market.
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Permeability Testing Machine Market: Segmentation
The global permeability testing machine market can be segmented on the basis of type, orientation, operation, and end user.
On the basis of type, the global permeability testing machine market can be segmented as:
Sand Permeability Testing Machine
Water Permeability Testing Machine
Air Permeability Testing Machine
Gas Permeability Testing Machine
Others (Concrete Permeability Testing Machine, etc.)
On the basis of orientation, the global permeability testing machine market can be segmented as:
Horizontal
Vertical
On the basis of operation, the global permeability testing machine market can be segmented as:
Manual
Digital
On the basis of the end user, the global permeability testing machine market can be segmented as:
Construction Industry
Institution
Permeability Testing Machine Market: Market Participants
Example of some of the key participants identified across the value chain of global permeability testing machine market includes Asian Test Equipment’s, Labthink Instruments Co. Ltd., OFI Testing Equipment, Inc., Testing Machines, Inc., Texcare Instruments Limited, Versatile Equipment’s Pvt. Ltd., Zhejiang Tugong Instrument Co., Ltd., Zhuozhou Tianpeng Imp. And Exp. Trade Co., Ltd., among others.
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Permeability Testing Machine Market: Regional Outlook
The global permeability testing machine market is directly dependent on demand from the end-user globally. Over the forecast period, North America and the Asia Pacific are probable to witness significant growth in the permeability testing machine market owing to expected growth in the construction sector in emerging economies, such as India and China. Western Europe is projected to grow with a considerable CAGR in the coming years, due to the high demand for permeability testing machine in the growing construction sector in the region. The Middle East & Africa and Japan are anticipated to support the growth of the permeability testing machine market over the forecast period, owing to the growing construction activity in countries, such as Saudi Arabia and UAE. Latin America, in particular, is estimated to support growth in the permeability testing machine market due to the increasing transportation infrastructural activities in the region.
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