Material Testing Market Global Industry Overview and Competitive Landscape till 2022
The Material Testing Market was valued at USD 610.0 Million in 2016 and is projected to reach USD 785.7 Million by 2022, at a CAGR of 4.4% during the forecast period. The high demand for material testing in various industries, such as aerospace & defense, automotive, educational institution, and construction is driving the material testing market.
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Browse 70 market data Tables and 26 Figures spread through 123 Pages and in-depth TOC on "Material Testing Market"
The growing demand for material testing in the educational institutions is driving the Material Testing Market. The increasing necessity to meet manufacturing standards, such as ASTM, and ISO, has resulted in high demand for material testing equipment.
Major manufacturers operational in the Material Testing Market are Instron (US), Zwick Roell (Germany), MTS Systems (US), Shimadzu (Japan), and Tinius Olsen (US). These companies undertake dynamic business strategies to sustain their growth in the Material Testing Market.
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