What is Tensile Strength Testing Machine?
Tensile Strength Testing Machine are industrial equipment which aid in measurement of tensile strength or the extent to which the material can be stretched. The machines usually apply a pull force to measure its strength until the structure of the material breaks causing deformation. Some of the equipment or components of tensile strength testing machine include UTM, hydraulic, electromechanical equipment and others. Tensile strength testing machine is available in single column, dual column and four column formats. The growing demand from end user industries as well as growing demand for research and academia has resulted in the growth of the tensile strength testing machine market. North America is the biggest market of tensile strength testing machine.
The market study is broken down and major geographies with country level break-up.
Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ADMET, Inc. (United States), FORM+TEST Seidner + Co. GmbH (Germany), Cometech Testing Machines Co., Ltd. (Taiwan), Illinois Tool Works Inc. (United States), Lloyd Instruments Ltd. (United Kingdom), Emmeram Karg Industrietechnik (Germany), Mecmesin Ltd. (United Kingdom), Qualitest International Inc. (Canada), Torontech Inc. (Canada) and Testing Machines, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Tinius Olsen (United States), Jinan Shijin Group Co., Ltd. (China) and ETS Intarlaken (India).
AdvanceMarketAnalytics has segmented the market of Global Tensile Strength Testing Machine market by Type, Application and Region.
On the basis of geography, the market of Tensile Strength Testing Machine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Equipment, the sub-segment i.e. Universal Testing Machine will boost the Tensile Strength Testing Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Automotive will boost the Tensile Strength Testing Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Offering , the sub-segment i.e. Single Column Testing Machine will boost the Tensile Strength Testing Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2021, Illinois Tool Works Inc., an American multinational company manufacturing industrial components, fasteners, equipment and other materials has announced acquisition of MTS Systems Corporationís test and simulation business. The acquisition is subject to complete after the regulatory approval. The acquisition will complement Illinois already existing business of testing and will help consolidate its standings in the market.
In 2019, James Heal, a United Kingdom based textile testing machine and other related equipment manufacturer has announced launch of its new Titan5e instrument and Extensometer. This new product is aimed at testing tensile strength of rubber. The machine will be available in both 5kN and 10kN Universal Testing Machines. The machine is also equipped with long stroke extensometer. This will allow wide array of applications of machine, which includes tyres, roofing materials, shoe soles, conveyer belts and others.
- Universal Testing Machine Accounts for Significant Portion of the Market
- Growing Demand from End User Industry
- Advancement in Technology
- Aerospace and Defence Presents Huge Opportunity of Growth, Especially with Rising Investments in Research and Development
- Less Skilled Personals Available in Developing Countries
Key Target AudienceTensile Strength Testing Machine Manufacturers, Suppliers and Distributors, Components Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Research Organizations and End-Use Industries
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as ADMET, Inc. (United States), FORM+TEST Seidner + Co. GmbH (Germany), Cometech Testing Machines Co., Ltd. (Taiwan), Illinois Tool Works Inc. (United States), Lloyd Instruments Ltd. (United Kingdom), Emmeram Karg Industrietechnik (Germany), Mecmesin Ltd. (United Kingdom), Qualitest International Inc. (Canada), Torontech Inc. (Canada) and Testing Machines, Inc. (United States) etc.
2. Can we have customized study for Tensile Strength Testing Machine Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Tensile Strength Testing Machine Market by 2026?
Analysts at AMA estimates Tensile Strength Testing Machine Market to reach USD Million by 2026.