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Universal Testing Machine Market Foreseen to Surge Past Valuation of US$ 590 Mn by 2028, Says Contrive Datum Insights in New Study

According to a new market study by Contrive Datum Insights (CDI), the global market for test machines worldwide is projected to grow significantly in value between 2019 and 2028.

The growth is mainly due to the increasing adoption of universal testing machines in material testing applications in the automotive, construction and paper and plastics industries. The automotive industry is projected to remain a key end-use sector, where it is used to test multiple parameters, including design rigidity and material rigidity.

In addition, the universal testing machine is capable of testing a wide range of mechanical properties such as tension, compression, shear, bending, hardness, fatigue and more, universal testing machines. This makes these machines ideal for use in the production of glass, metal, polymer, rubber and ceramic and wood products.

“Market participants are focusing on developing machines with a wide range of metrics to drive growing demand for testing different materials and opting for a customer-centric approach to improving service quality,” said the CDI analyst.

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Universal Testing Machine – Key Takeaways

Universal Testing Machine – Basic trends

Universal Testing Machine – Regional analysis

Universal Testing Machine – Competitive landscape

The major players in the global testing machine market such as Instron (Illinois Tool Works), AMETEK, Shimadzu Corporation, Keysight Technologies, Zwick / Roell and MTS Systems Corporation represent over 30% of the market share. The competitive landscape represents a fragmented structure with new and established players focusing on expanding their product portfolio to gain a competitive edge.

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Universal test machine – classification

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