The material testing market is projected to reach USD 1,070.9 million by 2030 from USD 871.9 million in 2025, at a CAGR of 4.2%. The material testing market is growing due to an increasing demand for quality assurance in industries such as automotive, aerospace, and construction. This demand is driven by stricter safety and performance regulations, as well as technological advancements in areas like AI, automation, and digitalization. These technologies enhance accuracy, efficiency, and turnaround times. As a result, manufacturers can improve product reliability, reduce defects, and accelerate time-to-market, contributing to sustained growth in the material testing sector.
“Based on end-user, educational institutions account for the largest share in the material testing market during the forecast period.”
Educational institutions are expected to hold the largest share of the material testing market during the forecast period. This is largely due to significant government and business-based research and development efforts. Schools need to acquire innovative testing equipment to experiment with and fully understand new materials before they teach the next generation of engineers and scientists. The continuous evolution of innovations and updates to course materials, particularly in advanced testing solutions, greatly influences the overall value of the market.
“Hardness testing equipment is the second-fastest-growing type in the material testing market during the forecast period.”
Hardness testing equipment is the second-fastest-growing type in the material testing equipment market because of the growing demand for accurate quality assessment in metals, plastics, and rubber manufacturing, especially given the high-volume industrial manufacturing process. The automated and AI-enhanced testers have improved testing precision and a more significant throughput, allowing this type of testing equipment to be critical in industries that require consistent performance materials, such as automotive and aerospace. At the same time, as the materials testing equipment industry has continued to place more emphasis on lightweight and advanced materials, specialist hardness testing has continued to grow due to logistical requirements. In addition, the influence of global quality standards and regulations on the manufacturers and industrial producers continues to fuel growth in the hardness testing equipment sector.
“Based on region, Asia Pacific accounts for the largest share and is the fastest-growing region in the material testing market, in terms of value.”
The Asia Pacific region accounts for the largest share of the material testing market and is also the fastest-growing market. This growth is driven by rapid industrialization, infrastructure expansion, and a growing manufacturing base in countries such as China, India, and Japan. Additional factors contributing to market growth include increased government investments, a rising adoption of advanced testing technologies, and higher quality standards. The demand for material testing services in this region is further heightened by a large consumer base supported by developing economies.
In the process of determining and verifying the market size for several segments and subsegments identified through secondary research, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees is as follows:
• By Company Type: Tier 1 - 40%, Tier 2 - 30%, and Tier 3 - 30%
• By Designation: Directors - 35%, Managers - 25%, and Others - 40%
• By Region: North America - 22%, Europe - 22%, Asia Pacific - 45%, and RoW – 11%
The key players in this market are Illinois Tool Works Inc. (US), ZwickRoell (Germany), Shimadzu Corporation (Japan), Tinius Olsen (US), Ametek (US), Mitutoyo Corporation (Japan), QATM (Germany), ERICHSEN GmbH & Co. KG (Germany), Hegewald & Peschke (Germany), and Nova Measurements LLC (US).
Research Coverage
This report segments the material testing market based on type, material, end user, and region, and provides estimations for the overall market value across various regions. It has also conducted a detailed analysis of key industry players to provide insights into their business overviews, products and services, key strategies, new product launches, expansions, and mergers and acquisitions associated with the material testing market.
Key Benefits of Buying This Report
This research report focuses on various levels of analysis, including industry analysis (industry trends), market ranking analysis of top players, and company profiles. Together, these provide an overall view of the competitive landscape, emerging and high-growth segments of the material testing market, high-growth regions, and market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
• Analysis of key drivers (increasing demand for quality assurance and regulatory compliance across industries and rapid technological advancements in testing equipment), restraints (high cost of advanced material testing equipment and associated maintenance and a shortage of skilled professionals capable of operating sophisticated testing systems), opportunities (expanding use of advanced materials such as nanomaterials, biomaterials, and composites that require specialized testing solutions), and challenges (high capital investment and operational costs associated with advanced testing equipment).
• Market Penetration: Comprehensive information on the material testing market offered by top players in the global material testing market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the material testing market.
• Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the material testing market across regions.
• Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global material testing market.
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the material testing market.
圖表清單 List of Tables & Figures
TABLE 1 LIST OF KEY SECONDARY SOURCES 28
TABLE 2 MATERIAL TESTING MARKET: ROLE OF PLAYERS IN ECOSYSTEM 49
TABLE 3 MATERIAL TESTING MARKET: PORTER’S FIVE FORCES ANALYSIS 51
TABLE 4 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE
END-USE INDUSTRIES 52
TABLE 5 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES 53
TABLE 6 EXPORT SCENARIO FOR HS CODE 9024-COMPLIANT PRODUCTS,
BY COUNTRY, 2020–2024 (USD THOUSAND) 54
TABLE 7 IMPORT SCENARIO FOR HS CODE 9024-COMPLIANT PRODUCTS,
BY COUNTRY, 2020–2024 (USD MILLION) 55
TABLE 8 PROJECTED REAL GDP GROWTH (ANNUAL PERCENTAGE CHANGE)
OF KEY COUNTRIES, 2019–2023 59
TABLE 9 ANNUAL GDP PERCENTAGE CHANGE AND PROJECTION OF KEY COUNTRIES,
2024–2029 60
TABLE 10 AVERAGE SELLING PRICE, BY REGION, 2022–2024 (USD/UNITS) 61
TABLE 11 AVERAGE SELLING PRICE OF END USERS, BY KEY PLAYER,
2022–2024 (USD/UNITS) 62
TABLE 12 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 64
TABLE 13 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 65
TABLE 14 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 65
TABLE 15 MATERIAL TESTING MARKET: KEY CONFERENCES AND EVENTS, 2025–2026 66
TABLE 16 US ADJUSTED RECIPROCAL TARIFF RATES 72
TABLE 17 MATERIAL TESTING MARKET, BY TYPE, 2022–2024 (USD MILLION) 78
TABLE 18 MATERIAL TESTING MARKET, BY TYPE, 2025–2030 (USD MILLION) 79
TABLE 19 MATERIAL TESTING MARKET, BY TYPE, 2022–2024 (UNITS) 79
TABLE 20 MATERIAL TESTING MARKET, BY TYPE, 2025–2030 (UNITS) 79
TABLE 21 MATERIAL TESTING MARKET, BY MATERIAL, 2022–2024 (USD MILLION) 83
TABLE 22 MATERIAL TESTING MARKET, BY MATERIAL, 2025–2030 (USD MILLION) 84
TABLE 23 MATERIAL TESTING MARKET, BY MATERIAL, 2022–2024 (UNITS) 84
TABLE 24 MATERIAL TESTING MARKET, BY MATERIAL, 2025–2030 (UNITS) 84
TABLE 25 MATERIAL TESTING MARKET, BY END USER, 2022–2024 (USD MILLION) 88
TABLE 26 MATERIAL TESTING MARKET, BY END USER, 2025–2030 (USD MILLION) 89
TABLE 27 MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 89
TABLE 28 MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 89
TABLE 29 LIST OF MATERIAL TESTING EQUIPMENT PROVIDERS IN AUTOMOTIVE INDUSTRY 90
TABLE 30 LIST OF MATERIAL TESTING EQUIPMENT PROVIDERS IN CONSTRUCTION INDUSTRY 91
TABLE 31 MATERIAL TESTING MARKET, BY REGION, 2022–2024 (USD MILLION) 96
TABLE 32 MATERIAL TESTING MARKET, BY REGION, 2025–2030 (USD MILLION) 97
TABLE 33 MATERIAL TESTING MARKET, BY REGION, 2022–2024 (UNITS) 97
TABLE 34 MATERIAL TESTING MARKET, BY REGION, 2025–2030 (UNITS) 97
TABLE 35 NORTH AMERICA: MATERIAL TESTING MARKET, BY COUNTRY,
2022–2024 (USD MILLION) 99
TABLE 36 NORTH AMERICA: MATERIAL TESTING MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 99
TABLE 37 NORTH AMERICA: MATERIAL TESTING MARKET, BY COUNTRY, 2022–2024 (UNITS) 99
TABLE 38 NORTH AMERICA: MATERIAL TESTING MARKET, BY COUNTRY, 2025–2030 (UNITS) 99
TABLE 39 NORTH AMERICA: MATERIAL TESTING MARKET, BY TYPE,
2022–2024 (USD MILLION) 100
TABLE 40 NORTH AMERICA: MATERIAL TESTING MARKET, BY TYPE,
2025–2030 (USD MILLION) 100
TABLE 41 NORTH AMERICA: MATERIAL TESTING MARKET, BY TYPE, 2022–2024 (UNITS) 100
TABLE 42 NORTH AMERICA: MATERIAL TESTING MARKET, BY TYPE, 2025–2030 (UNITS) 101
TABLE 43 NORTH AMERICA: MATERIAL TESTING MARKET, BY MATERIAL,
2022–2024 (USD MILLION) 101
TABLE 44 NORTH AMERICA: MATERIAL TESTING MARKET, BY MATERIAL,
2025–2030 (USD MILLION) 101
TABLE 45 NORTH AMERICA: MATERIAL TESTING MARKET, BY MATERIAL, 2022–2024 (UNITS) 102
TABLE 46 NORTH AMERICA: MATERIAL TESTING MARKET, BY MATERIAL, 2025–2030 (UNITS) 102
TABLE 47 NORTH AMERICA: MATERIAL TESTING MARKET, BY END USER,
2022–2024 (USD MILLION) 102
TABLE 48 NORTH AMERICA: MATERIAL TESTING MARKET, BY END USER,
2025–2030 (USD MILLION) 103
TABLE 49 NORTH AMERICA: MATERIAL TESTING MARKET, BY END USER,
2022–2024 (UNITS) 103
TABLE 50 NORTH AMERICA: MATERIAL TESTING MARKET, BY END USER,
2025–2030 (UNITS) 103
TABLE 51 US: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (USD MILLION) 104
TABLE 52 US: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (USD MILLION) 104
TABLE 53 US: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 105
TABLE 54 US: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 105
TABLE 55 CANADA: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (USD MILLION) 106
TABLE 56 CANADA: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (USD MILLION) 106
TABLE 57 CANADA: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 107
TABLE 58 CANADA: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 107
TABLE 59 MEXICO: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (USD MILLION) 108
TABLE 60 MEXICO: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (USD MILLION) 108
TABLE 61 MEXICO: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 109
TABLE 62 MEXICO: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 109
TABLE 63 ASIA PACIFIC: MATERIAL TESTING MARKET, BY COUNTRY,
2022–2024 (USD MILLION) 110
TABLE 64 ASIA PACIFIC: MATERIAL TESTING MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 111
TABLE 65 ASIA PACIFIC: MATERIAL TESTING MARKET, BY COUNTRY, 2022–2024 (UNITS) 111
TABLE 66 ASIA PACIFIC: MATERIAL TESTING MARKET, BY COUNTRY, 2025–2030 (UNITS) 112
TABLE 67 ASIA PACIFIC: MATERIAL TESTING MARKET, BY TYPE, 2022–2024 (USD MILLION) 112
TABLE 68 ASIA PACIFIC: MATERIAL TESTING MARKET, BY TYPE, 2025–2030 (USD MILLION) 112
TABLE 69 ASIA PACIFIC: MATERIAL TESTING MARKET, BY TYPE, 2022–2024 (UNITS) 113
TABLE 70 ASIA PACIFIC: MATERIAL TESTING MARKET, BY TYPE, 2025–2030 (UNITS) 113
TABLE 71 ASIA PACIFIC: MATERIAL TESTING MARKET, BY MATERIAL,
2022–2024 (USD MILLION) 113
TABLE 72 ASIA PACIFIC: MATERIAL TESTING MARKET, BY MATERIAL,
2025–2030 (USD MILLION) 114
TABLE 73 ASIA PACIFIC: MATERIAL TESTING MARKET, BY MATERIAL, 2022–2024 (UNITS) 114
TABLE 74 ASIA PACIFIC: MATERIAL TESTING MARKET, BY MATERIAL, 2025–2030 (UNITS) 114
TABLE 75 ASIA PACIFIC: MATERIAL TESTING MARKET, BY END USER,
2022–2024 (USD MILLION) 115
TABLE 76 ASIA PACIFIC: MATERIAL TESTING MARKET, BY END USER,
2025–2030 (USD MILLION) 115
TABLE 77 ASIA PACIFIC: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 115
TABLE 78 ASIA PACIFIC: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 116
TABLE 79 CHINA: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (USD MILLION) 117
TABLE 80 CHINA: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (USD MILLION) 117
TABLE 81 CHINA: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 117
TABLE 82 CHINA: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 118
TABLE 83 JAPAN: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (USD MILLION) 119
TABLE 84 JAPAN: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (USD MILLION) 119
TABLE 85 JAPAN: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 119
TABLE 86 JAPAN: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 120
TABLE 87 INDIA: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (USD MILLION) 121
TABLE 88 INDIA: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (USD MILLION) 121
TABLE 89 INDIA: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 121
TABLE 90 INDIA: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 122
TABLE 91 SOUTH KOREA: MATERIAL TESTING MARKET, BY END USER,
2022–2024 (USD MILLION) 123
TABLE 92 SOUTH KOREA: MATERIAL TESTING MARKET, BY END USER,
2025–2030 (USD MILLION) 123
TABLE 93 SOUTH KOREA: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 123
TABLE 94 SOUTH KOREA: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 124
TABLE 95 INDONESIA: MATERIAL TESTING MARKET, BY END USER,
2022–2024 (USD MILLION) 125
TABLE 96 INDONESIA: MATERIAL TESTING MARKET, BY END USER,
2025–2030 (USD MILLION) 125
TABLE 97 INDONESIA: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 125
TABLE 98 INDONESIA: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 126
TABLE 99 THAILAND: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (USD MILLION) 127
TABLE 100 THAILAND: MATERIAL TESTING MARKET, BY END USER,
2025–2030 (USD MILLION) 127
TABLE 101 THAILAND: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 127
TABLE 102 THAILAND: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 128
TABLE 103 VIETNAM: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (USD MILLION) 129
TABLE 104 VIETNAM: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (USD MILLION) 129
TABLE 105 VIETNAM: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 129
TABLE 106 VIETNAM: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 130
TABLE 107 PHILIPPINES: MATERIAL TESTING MARKET, BY END USER,
2022–2024 (USD MILLION) 130
TABLE 108 PHILIPPINES: MATERIAL TESTING MARKET, BY END USER,
2025–2030 (USD MILLION) 131
TABLE 109 PHILIPPINES: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 131
TABLE 110 PHILIPPINES: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 131
TABLE 111 REST OF ASIA PACIFIC: MATERIAL TESTING MARKET, BY END USER,
2022–2024 (USD MILLION) 132
TABLE 112 REST OF ASIA PACIFIC: MATERIAL TESTING MARKET, BY END USER,
2025–2030 (USD MILLION) 133
TABLE 113 REST OF ASIA PACIFIC: MATERIAL TESTING MARKET, BY END USER,
2022–2024 (UNITS) 133
TABLE 114 REST OF ASIA PACIFIC: MATERIAL TESTING MARKET, BY END USER,
2025–2030 (UNITS) 133
TABLE 115 EUROPE: MATERIAL TESTING MARKET, BY COUNTRY, 2022–2024 (USD MILLION) 135
TABLE 116 EUROPE: MATERIAL TESTING MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 135
TABLE 117 EUROPE: MATERIAL TESTING MARKET, BY COUNTRY, 2022–2024 (UNITS) 135
TABLE 118 EUROPE: MATERIAL TESTING MARKET, BY COUNTRY, 2025–2030 (UNITS) 136
TABLE 119 EUROPE: MATERIAL TESTING MARKET, BY TYPE, 2022–2024 (USD MILLION) 136
TABLE 120 EUROPE: MATERIAL TESTING MARKET, BY TYPE, 2025–2030 (USD MILLION) 136
TABLE 121 EUROPE: MATERIAL TESTING MARKET, BY TYPE, 2022–2024 (UNITS) 137
TABLE 122 EUROPE: MATERIAL TESTING MARKET, BY TYPE, 2025–2030 (UNITS) 137
TABLE 123 EUROPE: MATERIAL TESTING MARKET, BY MATERIAL, 2022–2024 (USD MILLION) 137
TABLE 124 EUROPE: MATERIAL TESTING MARKET, BY MATERIAL, 2025–2030 (USD MILLION) 138
TABLE 125 EUROPE: MATERIAL TESTING MARKET, BY MATERIAL, 2022–2024 (UNITS) 138
TABLE 126 EUROPE: MATERIAL TESTING MARKET, BY MATERIAL, 2025–2030 (UNITS) 138
TABLE 127 EUROPE: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (USD MILLION) 139
TABLE 128 EUROPE: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (USD MILLION) 139
TABLE 129 EUROPE: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 139
TABLE 130 EUROPE: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 140
TABLE 131 GERMANY: MATERIAL TESTING MARKET, BY END USER,
2022–2024 (USD MILLION) 141
TABLE 132 GERMANY: MATERIAL TESTING MARKET, BY END USER,
2025–2030 (USD MILLION) 141
TABLE 133 GERMANY: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 141
TABLE 134 GERMANY: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 142
TABLE 135 UK: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (USD MILLION) 143
TABLE 136 UK: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (USD MILLION) 143
TABLE 137 UK: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 143
TABLE 138 UK: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 144
TABLE 139 FRANCE: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (USD MILLION) 145
TABLE 140 FRANCE: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (USD MILLION) 145
TABLE 141 FRANCE: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 145
TABLE 142 FRANCE: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 146
TABLE 143 ITALY: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (USD MILLION) 147
TABLE 144 ITALY: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (USD MILLION) 147
TABLE 145 ITALY: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 147
TABLE 146 ITALY: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 148
TABLE 147 SPAIN: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (USD MILLION) 149
TABLE 148 SPAIN: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (USD MILLION) 149
TABLE 149 SPAIN: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 149
TABLE 150 SPAIN: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 150
TABLE 151 REST OF EUROPE: MATERIAL TESTING MARKET, BY END USER,
2022–2024 (USD MILLION) 151
TABLE 152 REST OF EUROPE: MATERIAL TESTING MARKET, BY END USER,
2025–2030 (USD MILLION) 151
TABLE 153 REST OF EUROPE: MATERIAL TESTING MARKET, BY END USER,
2022–2024 (UNITS) 151
TABLE 154 REST OF EUROPE: MATERIAL TESTING MARKET, BY END USER,
2025–2030 (UNITS) 152
TABLE 155 MIDDLE EAST & AFRICA: MATERIAL TESTING MARKET, BY COUNTRY,
2022–2024 (USD MILLION) 152
TABLE 156 MIDDLE EAST & AFRICA: MATERIAL TESTING MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 153
TABLE 157 MIDDLE EAST & AFRICA: MATERIAL TESTING MARKET, BY COUNTRY,
2022–2024 (UNITS) 153
TABLE 158 MIDDLE EAST & AFRICA: MATERIAL TESTING MARKET, BY COUNTRY,
2025–2030 (UNITS) 153
TABLE 159 MIDDLE EAST & AFRICA: MATERIAL TESTING MARKET, BY TYPE,
2022–2024 (USD MILLION) 154
TABLE 160 MIDDLE EAST & AFRICA: MATERIAL TESTING MARKET, BY TYPE,
2025–2030 (USD MILLION) 154
TABLE 161 MIDDLE EAST & AFRICA: MATERIAL TESTING MARKET, BY TYPE,
2022–2024 (UNITS) 154
TABLE 162 MIDDLE EAST & AFRICA: MATERIAL TESTING MARKET, BY TYPE,
2025–2030 (UNITS) 155
TABLE 163 MIDDLE EAST & AFRICA: MATERIAL TESTING MARKET, BY MATERIAL,
2022–2024 (USD MILLION) 155
TABLE 164 MIDDLE EAST & AFRICA: MATERIAL TESTING MARKET, BY MATERIAL,
2025–2030 (USD MILLION) 155
TABLE 165 MIDDLE EAST & AFRICA: MATERIAL TESTING MARKET, BY MATERIAL,
2022–2024 (UNITS) 156
TABLE 166 MIDDLE EAST & AFRICA: MATERIAL TESTING MARKET, BY MATERIAL,
2025–2030 (UNITS) 156
TABLE 167 MIDDLE EAST & AFRICA: MATERIAL TESTING MARKET, BY END USER,
2022–2024 (USD MILLION) 156
TABLE 168 MIDDLE EAST & AFRICA: MATERIAL TESTING MARKET, BY END USER,
2025–2030 (USD MILLION) 157
TABLE 169 MIDDLE EAST & AFRICA: MATERIAL TESTING MARKET, BY END USER,
2022–2024 (UNITS) 157
TABLE 170 MIDDLE EAST & AFRICA: MATERIAL TESTING MARKET, BY END USER,
2025–2030 (UNITS) 157
TABLE 171 SAUDI ARABIA: MATERIAL TESTING MARKET, BY END USER,
2022–2024 (USD MILLION) 158
TABLE 172 SAUDI ARABIA: MATERIAL TESTING MARKET, BY END USER,
2025–2030 (USD MILLION) 159
TABLE 173 SAUDI ARABIA: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 159
TABLE 174 SAUDI ARABIA: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 159
TABLE 175 REST OF GCC COUNTRIES: MATERIAL TESTING MARKET, BY END USER,
2022–2024 (USD MILLION) 160
TABLE 176 REST OF GCC COUNTRIES: MATERIAL TESTING MARKET, BY END USER,
2025–2030 (USD MILLION) 160
TABLE 177 REST OF GCC COUNTRIES: MATERIAL TESTING MARKET, BY END USER,
2022–2024 (UNITS) 161
TABLE 178 REST OF GCC COUNTRIES: MATERIAL TESTING MARKET, BY END USER,
2025–2030 (UNITS) 161
TABLE 179 SOUTH AFRICA: MATERIAL TESTING MARKET, BY END USER,
2022–2024 (USD MILLION) 162
TABLE 180 SOUTH AFRICA: MATERIAL TESTING MARKET, BY END USER,
2025–2030 (USD MILLION) 162
TABLE 181 SOUTH AFRICA: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 163
TABLE 182 SOUTH AFRICA: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 163
TABLE 183 TURKEY: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (USD MILLION) 164
TABLE 184 TURKEY: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (USD MILLION) 164
TABLE 185 TURKEY: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 164
TABLE 186 TURKEY: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 165
TABLE 187 REST OF MIDDLE EAST & AFRICA: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (USD MILLION) 165
TABLE 188 REST OF MIDDLE EAST & AFRICA: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (USD MILLION) 166
TABLE 189 REST OF MIDDLE EAST & AFRICA: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 166
TABLE 190 REST OF MIDDLE EAST & AFRICA: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 166
TABLE 191 SOUTH AMERICA: MATERIAL TESTING MARKET, BY COUNTRY,
2022–2024 (USD MILLION) 167
TABLE 192 SOUTH AMERICA: MATERIAL TESTING MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 167
TABLE 193 SOUTH AMERICA: MATERIAL TESTING MARKET, BY COUNTRY, 2022–2024 (UNITS) 167
TABLE 194 SOUTH AMERICA: MATERIAL TESTING MARKET, BY COUNTRY, 2025–2030 (UNITS) 168
TABLE 195 SOUTH AMERICA: MATERIAL TESTING MARKET, BY TYPE,
2022–2024 (USD MILLION) 168
TABLE 196 SOUTH AMERICA: MATERIAL TESTING MARKET, BY TYPE,
2025–2030 (USD MILLION) 168
TABLE 197 SOUTH AMERICA: MATERIAL TESTING MARKET, BY TYPE, 2022–2024 (UNITS) 168
TABLE 198 SOUTH AMERICA: MATERIAL TESTING MARKET, BY TYPE, 2025–2030 (UNITS) 169
TABLE 199 SOUTH AMERICA: MATERIAL TESTING MARKET, BY MATERIAL,
2022–2024 (USD MILLION) 169
TABLE 200 SOUTH AMERICA: MATERIAL TESTING MARKET, BY MATERIAL,
2025–2030 (USD MILLION) 169
TABLE 201 SOUTH AMERICA: MATERIAL TESTING MARKET, BY MATERIAL, 2022–2024 (UNITS) 170
TABLE 202 SOUTH AMERICA: MATERIAL TESTING MARKET, BY MATERIAL, 2025–2030 (UNITS) 170
TABLE 203 SOUTH AMERICA: MATERIAL TESTING MARKET, BY END USER,
2022–2024 (USD MILLION) 170
TABLE 204 SOUTH AMERICA: MATERIAL TESTING MARKET, BY END USER,
2025–2030 (USD MILLION) 171
TABLE 205 SOUTH AMERICA: MATERIAL TESTING MARKET, BY END USER,
2022–2024 (UNITS) 171
TABLE 206 SOUTH AMERICA: MATERIAL TESTING MARKET, BY END USER,
2025–2030 (UNITS) 171
TABLE 207 BRAZIL: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (USD MILLION) 172
TABLE 208 BRAZIL: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (USD MILLION) 173
TABLE 209 BRAZIL: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 173
TABLE 210 BRAZIL: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 173
TABLE 211 ARGENTINA: MATERIAL TESTING MARKET, BY END USER,
2022–2024 (USD MILLION) 174
TABLE 212 ARGENTINA: MATERIAL TESTING MARKET, BY END USER,
2025–2030 (USD MILLION) 175
TABLE 213 ARGENTINA: MATERIAL TESTING MARKET, BY END USER, 2022–2024 (UNITS) 175
TABLE 214 ARGENTINA: MATERIAL TESTING MARKET, BY END USER, 2025–2030 (UNITS) 175
TABLE 215 REST OF SOUTH AMERICA: MATERIAL TESTING MARKET, BY END USER,
2022–2024 (USD MILLION) 176
TABLE 216 REST OF SOUTH AMERICA: MATERIAL TESTING MARKET, BY END USER,
2025–2030 (USD MILLION) 176
TABLE 217 REST OF SOUTH AMERICA: MATERIAL TESTING MARKET, BY END USER,
2022–2024 (UNITS) 177
TABLE 218 REST OF SOUTH AMERICA: MATERIAL TESTING MARKET, BY END USER,
2025–2030 (UNITS) 177
TABLE 219 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN MATERIAL
TESTING MARKET BETWEEN JANUARY 2020 AND JULY 2025 179
TABLE 220 MATERIAL TESTING MARKET: DEGREE OF COMPETITION 182
TABLE 221 MATERIAL TESTING MARKET: REGION FOOTPRINT 189
TABLE 222 MATERIAL TESTING MARKET: TYPE FOOTPRINT 190
TABLE 223 MATERIAL TESTING MARKET: MATERIAL FOOTPRINT 190
TABLE 224 MATERIAL TESTING MARKET: END-USER FOOTPRINT 191
TABLE 225 MATERIAL TESTING MARKET: DETAILED LIST OF KEY STARTUPS/SMES 193
TABLE 226 MATERIAL TESTING MARKET: COMPETITIVE BENCHMARKING
OF KEY STARTUPS/SMES (1/2) 194
TABLE 227 MATERIAL TESTING MARKET: COMPETITIVE BENCHMARKING
OF KEY STARTUPS/SMES (2/2) 195
TABLE 228 MATERIAL TESTING MARKET: PRODUCT LAUNCHES, JANUARY 2020–JULY 2025 196
TABLE 229 MATERIAL TESTING MARKET: EXPANSIONS, JANUARY 2020–JULY 2025 196
TABLE 230 MATERIAL TESTING MARKET: DEALS, JANUARY 2020–JULY 2025 197
TABLE 231 ILLINOIS TOOL WORKS INC.: COMPANY OVERVIEW 198
TABLE 232 ILLINOIS TOOL WORKS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 199
TABLE 233 ILLINOIS TOOL WORKS INC.: DEALS, JANUARY 2020–JULY 2025 202
TABLE 234 ZWICKROELL: COMPANY OVERVIEW 203
TABLE 235 ZWICKROELL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 203
TABLE 236 AMETEK: COMPANY OVERVIEW 206
TABLE 237 AMETEK: PRODUCTS/SOLUTIONS/SERVICES OFFERED 207
TABLE 238 AMETEK: EXPANSIONS, JANUARY 2020–JULY 2025 208
TABLE 239 SHIMADZU CORPORATION: COMPANY OVERVIEW 210
TABLE 240 SHIMADZU CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 211
TABLE 241 SHIMADZU CORPORATION: PRODUCT LAUNCHES, JANUARY 2020–JULY 2025 213
TABLE 242 MITUTOYO CORPORATION: COMPANY OVERVIEW 214
TABLE 243 MITUTOYO CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 214
TABLE 244 TINIUS OLSEN: COMPANY OVERVIEW 216
TABLE 245 TINIUS OLSEN: PRODUCTS/SOLUTIONS/SERVICES OFFERED 216
TABLE 246 QATM: COMPANY OVERVIEW 219
TABLE 247 QATM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 219
TABLE 248 ERICHSEN GMBH & CO. KG: COMPANY OVERVIEW 221
TABLE 249 ERICHSEN GMBH & CO. KG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 221
TABLE 250 HEGEWALD & PESCHKE: COMPANY OVERVIEW 223
TABLE 251 HEGEWALD & PESCHKE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 223
TABLE 252 NOVA MEASUREMENTS LLC: COMPANY OVERVIEW 225
TABLE 253 NOVA MEASUREMENTS LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 225
TABLE 254 NOVA MEASUREMENTS LLC: DEALS, JANUARY 2020–JULY 2025 226
TABLE 255 ADMET, INC.: COMPANY OVERVIEW 228
TABLE 256 HUMBOLDT MFG. CO.: COMPANY OVERVIEW 229
TABLE 257 STRUERS: COMPANY OVERVIEW 230
TABLE 258 FOUNDRAX ENGINEERING PRODUCTS LTD.: COMPANY OVERVIEW 231
TABLE 259 TORONTECH INC.: COMPANY OVERVIEW 232
TABLE 260 HUNG TA INSTRUMENT CO., LTD.: COMPANY OVERVIEW 233
TABLE 261 SHANGHAI JIUBIN INSTRUMENT CO., LTD.: COMPANY OVERVIEW 234
TABLE 262 DEVCO S.R.L: COMPANY OVERVIEW 235
TABLE 263 TA INSTRUMENTS: COMPANY OVERVIEW 236
TABLE 264 QUALITEST: COMPANY OVERVIEW 237
TABLE 265 APPLIED TEST SYSTEMS: COMPANY OVERVIEW 238
TABLE 266 JINAN LIANGONG TESTING TECHNOLOGY CO., LTD.: COMPANY OVERVIEW 239
TABLE 267 MATEST: COMPANY OVERVIEW 240
TABLE 268 ELE INTERNATIONAL: COMPANY OVERVIEW 241
TABLE 269 INTERNATIONAL EQUIPMENTS: COMPANY OVERVIEW 242
FIGURE 1 MATERIAL TESTING MARKET SEGMENTATION AND REGIONAL SCOPE 24
FIGURE 2 MATERIAL TESTING MARKET: RESEARCH DESIGN 27
FIGURE 3 MATERIAL TESTING MARKET: BOTTOM-UP APPROACH 31
FIGURE 4 MATERIAL TESTING MARKET: TOP-DOWN APPROACH 31
FIGURE 5 MATERIAL TESTING MARKET: MARKET SIZE ESTIMATION - TOP-DOWN APPROACH 32
FIGURE 6 DEMAND-SIDE FORECAST PROJECTIONS 32
FIGURE 7 MATERIAL TESTING MARKET: DATA TRIANGULATION 33
FIGURE 8 UNIVERSAL TESTING MACHINES TO DOMINATE MARKET DURING
FORECAST PERIOD 36
FIGURE 9 METAL SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 37
FIGURE 10 AUTOMOTIVE SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 37
FIGURE 11 ASIA PACIFIC ACCOUNTED FOR LARGEST MARKET SHARE IN 2024 38
FIGURE 12 GROWING DEMAND FROM CONSTRUCTION INDUSTRY TO DRIVE MARKET 39
FIGURE 13 UNIVERSAL TESTING MACHINES TO REGISTER HIGHEST CAGR DURING
FORECAST PERIOD 39
FIGURE 14 CERAMIC & COMPOSITE SEGMENT TO REGISTER HIGHEST GROWTH
DURING FORECAST PERIOD 40
FIGURE 15 AEROSPACE & DEFENSE SEGMENT TO REGISTER HIGHEST GROWTH
DURING FORECAST PERIOD 40
FIGURE 16 INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 41
FIGURE 17 MATERIAL TESTING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,
AND CHALLENGES 42
FIGURE 18 MATERIAL TESTING MARKET: VALUE CHAIN ANALYSIS 47
FIGURE 19 MATERIAL TESTING MARKET: ECOSYSTEM 48
FIGURE 20 MATERIAL TESTING MARKET: PORTER’S FIVE FORCES ANALYSIS 50
FIGURE 21 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE
END-USE INDUSTRIES 52
FIGURE 22 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES 53
FIGURE 23 EXPORT DATA FOR HS CODE 9024-COMPLIANT PRODUCTS, BY COUNTRY,
2020–2024 (USD THOUSAND) 54
FIGURE 24 IMPORT DATA FOR HS CODE 9024-COMPLIANT PRODUCTS, BY COUNTRY,
2020–2024 (USD THOUSAND) 55
FIGURE 25 MATERIAL TESTING MARKET: TRENDS AND DISRUPTIONS IMPACTING
CUSTOMER BUSINESS 56
FIGURE 26 AVERAGE SELLING PRICE TREND, BY REGION, 2022–2024 (USD/UNITS) 61
FIGURE 27 AVERAGE SELLING PRICE TREND OF END USERS, BY KEY PLAYER,
2022–2024 (USD/UNITS) 62
FIGURE 28 INVESTMENT AND FUNDING SCENARIO, 2021–2024 (USD MILLION) 69
FIGURE 29 PATENTS APPLIED AND GRANTED, 2014–2024 70
FIGURE 30 LEGAL STATUS OF PATENTS (2014–2024) 71
FIGURE 31 TOP JURISDICTIONS 71
FIGURE 32 UNIVERSAL TESTING MACHINES SEGMENT TO DOMINATE MARKET IN 2025 78
FIGURE 33 CERAMIC & COMPOSITE SEGMENT TO WITNESS HIGHEST GROWTH
FROM 2025 TO 20230 83
FIGURE 34 AUTOMOTIVE SEGMENT TO DOMINATE MARKET IN 2025 88
FIGURE 35 INDIA TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD 96
FIGURE 36 NORTH AMERICA: MATERIAL TESTING MARKET SNAPSHOT 98
FIGURE 37 ASIA PACIFIC: MATERIAL TESTING MARKET SNAPSHOT 110
FIGURE 38 EUROPE: MATERIAL TESTING MARKET SNAPSHOT 134
FIGURE 39 REVENUE ANALYSIS OF TOP PLAYERS IN MATERIAL TESTING MARKET,
2022–2024 (USD BILLION) 181
FIGURE 40 MATERIAL TESTING MARKET SHARE ANALYSIS, 2024 182
FIGURE 41 VALUATION OF LEADING COMPANIES IN MATERIAL TESTING MARKET, 2024 184
FIGURE 42 FINANCIAL METRICS OF LEADING COMPANIES IN MATERIAL
TESTING MARKET, 2024 185
FIGURE 43 MATERIAL TESTING MARKET: BRAND/PRODUCT COMPARISON ANALYSIS 186
FIGURE 44 MATERIAL TESTING MARKET: COMPANY EVALUATION MATRIX
(KEY PLAYERS), 2024 188
FIGURE 45 MATERIAL TESTING MARKET: COMPANY FOOTPRINT 189
FIGURE 46 MATERIAL TESTING MARKET: COMPANY EVALUATION MATRIX
(STARTUPS/SMES), 2024 192
FIGURE 47 ILLINOIS TOOL WORKS INC.: COMPANY SNAPSHOT 199
FIGURE 48 AMETEK: COMPANY SNAPSHOT 207
FIGURE 49 SHIMADZU CORPORATION: COMPANY SNAPSHOT 211