Chemicals and Materials Material Testing Market New
The report "Material Testing Market by Type (Universal Testing Machines,
Servohydraulic Testing Machines, Hardness Test Equipment), End-Use Industry
(Automotive, Construction, Educational Institutions), Material, and Region - Global
Forecast to 2022" published by MarketsandMarkets™, the market is estimated at USD
633.6 Million in 2017, and is projected to reach USD 785.7 Million by 2022, at a CAGR of
4.4% from 2017 to 2022.
Browse 70 market data Tables and 26 Figures spread through 123 Pages and in-depth TOC
on "Material Testing Market"
https://www.marketsandmarkets.com/Market-Reports/material-testing-market-
207231755.html
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Among types, the universal testing machines segment led the Material Testing
Market in 2016
Universal testing machines is the largest segment of the Material Testing Market, owing to
its cheap availability and its wide usage in various industries. Moreover, it is used to test
mechanical properties in various materials, such as metal, rubber, polymers, and ceramics.
It is also used to perform tests such as tensile, compression, peel, bend, and puncture test
in industries, such as automotive, educational, medical devices, construction, aerospace &
defense, and power.
Among end-use industries, the educational institutions segment is expected to lead
the Material Testing Market during the forecast period
Educational institutions is the largest segment of the Material Testing Market, owing to the
increasing R&D activities carried out by the research scholars. Research is carried out by