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Construction Material Testing Equipment Market Insights 2025-2034: Growth Forecast and Strategic Priorities
Construction Material Testing Equipment
Construction Material Testing Equipment Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, there has been considerable growth in the market size of construction material testing equipment. The value is projected to surge from $3.27 billion in 2024 to approximately $3.44 billion in 2025, with a compound annual growth rate (CAGR) standing at 5.2%. Factors which caused augmentation in the previous period include infrastructure development, urbanization, stringent regulations, globalization, and quality assurance requirements.
Construction Material Testing Equipment Market Size Forecast: What's the Projected Valuation by 2029?
The market size for construction material testing equipment is projected to experience consistent growth in the upcoming years. Expected to reach a value of $4.1 billion by 2029, it will witness a compound annual growth rate (CAGR) of 4.5%. Factors such as renewable energy infrastructure, digital transformation, and industry 4.0, as well as sustainable construction procedures and a global surge in construction, can be credited for the projected growth. Notable trends predicted for the forecast period include the application of artificial intelligence (AI) and machine learning (ML), a focus on environmentally-friendly testing solutions, the increased use of portable, handheld devices and the adoption of testing platforms based in the cloud.
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What Are the Drivers Transforming the Construction Material Testing Equipment Market?
The projected growth of the construction material testing equipment market is directly linked to the expanding construction industry. The construction industry encompasses activities like designing, building, refurbishing and maintaining physical buildings and infrastructure. The growth in this sector stems from the heightened demand for remodeling, retrofitting and renovating existing structures as well as the surge in the construction of single homes, multi-family housing, and affordable housing projects. Construction material testing equipment plays a crucial role in this industry, as it is used to test the strength, durability, and quality of various materials like concrete, asphalt, soil, amongst others, to ensure they meet project specifications and regulatory standards. A report from Upmetrics titled Construction Industry Statistics (2024) released in August 2024 revealed that in 2023, the U.S. construction industry was worth $1.8 trillion, contributing 4% to the GDP. The global estimate stood at $8.9 trillion, bringing the total value of the industry to a staggering $12.74 trillion. Furthermore, the worldwide residential construction market was valued at about $5,267 billion in 2022, and it is projected to grow to $8,308 billion by 2032. This represents an annual growth rate of 4.8% between 2023 and 2032. Hence, the growth of the construction material testing equipment market is being propelling by the rapid expansion of the construction industry.
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What Are the Key Trends Driving Construction Material Testing Equipment Market Growth?
Top-tier companies in the construction material testing equipment market are innovating and producing state-of-the-art solutions like connected CMT devices to achieve a competitive advantage in the industry. Connected CMT gadgets are high-end testing tools that incorporate digital tech and software platforms to facilitate uninterrupted communication and information transmission between the device and external systems. For instance, in January 2024, Forney LP, an American company that produces construction materials testing machines, introduced their Connected CMT Machines to the market. These machines overhaul the conventional testing procedure by taking out the likelihood of misidentifying specimens and significantly augmenting efficiency and precision. With these connected devices, technicians are now equipped to load and examine specimens at twice the speed, granting assurance that every test is conducted on the appropriate specimen at the right time. The machines have innovative features such as confident identification of specimens through barcode scanning and pre-test smart checks to validate the data and qualities of the samples. ForneyVault, a robust software platform, is integrated into the machine, significantly improving the testing process by furnishing in-depth XY plot data for every test, alerts for calibration expiration and variance, and smart workflows for reports and approvals.
Which Segments in the Construction Material Testing Equipment Market Offer the Most Profit Potential?
The construction material testing equipment market covered in this report is segmented -
1) By Product Type: Soil Testing Equipment, Aggregate Testing Equipment, Concrete Testing Equipment, Other Products
2) By Location: On-Site, R&D Laboratories, Educational Institutes
3) By Application: Residential, Commercial, Transport, Other Applications
4) By Industry: Food And Beverages, Pharmaceuticals, Metal Working, Building And Construction, Other Industries
Subsegments:
1) By Soil Testing Equipment: Proctors Compaction Testers, Atterberg Limits Testers, Triaxial Test Equipment, Permeability Test Equipment, Soil Vane Shear Testers, Other Soil Testing Instruments
2) By Aggregate Testing Equipment: Sieve Shakers, Aggregate Impact Testers, Aggregate Crushing Value Testers, Abrasion Testing Machines, Flakiness And Elongation Testers, Other Aggregate Testing Instruments
3) By Concrete Testing Equipment: Compression Testing Machines, Slump Test Apparatus, Concrete Mixer, Concrete Air Meter, Rebound Hammer Testers, Concrete Penetrometer, Other Concrete Testing Devices
4) By Other Products: Asphalt Testing Equipment, Bitumen Testing Equipment, Cement Testing Equipment, Non-Destructive Testing (NDT) Equipment, Corrosion Testing Equipment, Other Specialized Testing Instruments
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Which Firms Dominate the Construction Material Testing Equipment Market by Market Share and Revenue in 2025?
Major companies operating in the construction material testing equipment market are Thermo Fisher Scientific Inc., Qualitest International Inc., MTS Systems Corporation, Zwick Roell Group, Aimil Ltd., Instron Corporation, Tinius Olsen Testing Machine Company, Hoskin Scientific, Gilson Company Inc., CONTROLS Group, Cooper Research Technology Ltd., Testmark Laboratories Ltd., Applied Test Systems, Pavement Technology Inc., Papworths Construction Testing Equipment Pty Ltd., Giatec Scientific Inc., Olson Instruments Inc., M&L Testing Equipment Inc., ELE International Ltd., CMT Equipment Ltd., Humboldt Mfg. Co., James Instruments Inc., Matest S.p.A., Torontech Inc., Forney LP
Which Regions Offer the Highest Growth Potential in the Construction Material Testing Equipment Market?
North America was the largest region in the construction material testing equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the construction material testing equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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