Global Material Testing
Market Report
2025
The global material testing market size is USD 857 million in 2024. The material testing market will show strongest growth with a compound annual growth rate (CAGR) of 4.3% from 2024 to 2031. The market for material testing is being driven by the increased need for material testing across a number of industries, including construction, aerospace & defense, automotive, and educational institutions.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Material Testing Market Report 2024.
According to Cognitive Market Research, the global material testing market size will be USD 857 million in 2024 and will expand at CAGR of 4.3% from 2024 to 2031.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
---|---|---|---|---|---|---|
Global Material Testing Market Sales Revenue | 121212 | $ 857 Million | 121212 | 121212 | 121212 | 4.3% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
|
Market Split by End-use Industry |
|
Market Split by Material |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Report scope is customizable as we have a huge database of Material Testing industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Material Testing Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Material testing is an established technique for analyzing the physical, structural, and mechanical properties of various materials and composites. Globally, material testing has been used by research and education institutions, as well as the manufacturing and processing sectors. Advanced hybrid lightweight materials are becoming more and more popular, and they are being developed for use in many different industries. Selecting the ideal material for the intended application can be aided by material testing. Due to the high demand for material testing in various end-use industries, including construction, aerospace & defense, automotive, the material testing industry is expected to continue growing in the foreseeable future. An increase in requests for material testing in educational settings is driving the material testing industry.
We have various report editions of Material Testing Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
In July 2023, The Xslicer SMX-6010 microfocus X-ray was introduced by Shimadzu Corporation. Apart from fluoroscopic imaging, the device comes pre-configured with PCT (Planer CT) imaging capabilities, which generate cross-sectional images without requiring intricate procedures. The introduction of the VCT option expands the range of services offered for quality control and failure analysis of electrical components, circuit board components, and other electronic parts. VCT imaging is now available in addition to traditional fluoroscopic and PCT imaging. (Source: https://www.shimadzu.com/news/2023/o-8haf5jdgl7nzq1.html)
Top Companies Market Share in Material Testing Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Due to the rapid industrialization and growth of construction and manufacturing companies in the region, the Asia Pacific region is expected to dominate the material testing market. The demand for manufactured goods like building materials and auto parts has increased because of the urbanization of rising economies in the region, which is promoting the growth of Material testing market.
Due to the accessibility of sophisticated equipment and the expanding material science R&D industry, North America is predicted to account for the majority of revenue share. The demand from the composite and plastic processing industries is growing, and there are more and more R&D projects being conducted. These factors will all work together to create enormous opportunities that will fuel the material testing market's growth over the anticipated period.
The current report Scope analyzes Material Testing Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
As per the current market study, out of xxxx Million USD global market revenue 2025, North America market holds xx% of the market share. The North America Material Testing industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top North America countries for 2025,
As per the current market study, out of xxxx Million USD global market revenue 2025, Europe market holds xx% of the market share. The Europe Material Testing industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top Europe countries for 2025,
As per the current market study, out of xxxx Million USD global market revenue 2025, Asia Pacific market holds xx% of the market share. The Asia Pacific Material Testing industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top Asia Pacific countries for 2025,
As per the current market study, out of xxxx Million USD global market revenue 2025, South America market holds xx% of the market share. The South America Material Testing industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top South America countries for 2025,
As per the current market study, out of xxxx Million USD global market revenue 2025, Middle East and Africa market holds xx% of the market share. The Middle East and Africa Material Testing industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top Middle East and Africa countries for 2025,
Global Material Testing Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Material Testing Industry growth. Material Testing market has been segmented with the help of its Type, End-use Industry Material, and others. Material Testing market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Due to their integration of cutting-edge technologies like radiography, eddy currents, magnetic particle testing, ultrasonics, and radiography, non-destructive testing machines constitute the largest category of the market type segment. These technologies make it possible to precisely identify microscopic flaws, fractures, and changes in a material's characteristics. They are also adaptable and enable industries to evaluate materials used in a variety of applications, including electronics, healthcare, building, automotive, and aerospace. In addition, NDT equipment allows proactive steps to avert possible problems and enhance material performance by providing real-time data collection and analysis capabilities. Additionally, by offering thorough documentation of testing procedures, outcomes, and assessments, these devices aid in compliance and encourage their use in a variety of industry verticals.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Material Testing Industry. Request a Free Sample PDF!
Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Material Testing Market.
Some of the key End-use Industry of Material Testing are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
Senior Research Analyst at Cognitive Market Research
• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
• Acquainted with entire process of report writing- Title Analysis, TOC Building, Search Engine Optimization, TOC Freezing, Writing Reports, Market Engineering, Scheduling Primaries, Directory of Key Industry Participants (DKIP), Drafting “Press Articles/Summary/Report Description/Analyst Briefing” used for making marketing collaterals
• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.
Manoj Phagare is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.
In his current role, Manoj is a key player in market research and competitive analysis. He have a proven track record of synthesizing disparate data sources, employing statistical models, and delivering comprehensive insights. He have played a pivotal role in shaping evidence-based strategies that fueled the success of key business initiatives and Collaborating with cross-functional teams.Manoj remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Material Testing Market is witnessing significant growth in the near future.
In 2023, the Universal Testing Machines segment accounted for noticeable share of global Material Testing Market and is projected to experience significant growth in the near future.
The Automotive segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Instron , MTS Systems and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Universal Testing Machines, Servohydraulic Testing Machines, Hardness Testing Equipment, Impact Testing Equipment |
End-use Industry | Automotive, Construction, Educational Institutions, Aerospace & Defense, Medical Devices, Power, Others |
Material | Metal, Plastics, Rubber and Elastomers, Ceramics and Composites, Others |
List of Competitors | Instron, Zwick Roell, MTS Systems, Shimadzu, Tinius Olsen, Ametek, ADMET, Hegewald & Peschke, Applied Test Systems, Mitutoyo |
This chapter will help you gain GLOBAL Market Analysis of Material Testing. Further deep in this chapter, you will be able to review Global Material Testing Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Material Testing. Further deep in this chapter, you will be able to review North America Material Testing Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Material Testing. Further deep in this chapter, you will be able to review Europe Material Testing Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Material Testing. Further deep in this chapter, you will be able to review Asia Pacific Material Testing Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Material Testing. Further deep in this chapter, you will be able to review South America Material Testing Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Material Testing. Further deep in this chapter, you will be able to review Middle East and Africa Material Testing Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Material Testing. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by End-use Industry Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Material Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Material Testing market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Universal Testing Machines have a significant impact on Material Testing market? |
What are the key factors affecting the Universal Testing Machines and Servohydraulic Testing Machines of Material Testing Market? |
What is the CAGR/Growth Rate of Automotive during the forecast period? |
By type, which segment accounted for largest share of the global Material Testing Market? |
Which region is expected to dominate the global Material Testing Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|