Sep 27, 2017   SOURCE: BusinessWire

Mechanical Test Equipment Market - Trends and Forecasts by Technavio

Technavio’s latest report on the global mechanical test equipment market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.

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Technavio has published a new report on the global mechanical test equipment market from 2017-2021. ...

Technavio has published a new report on the global mechanical test equipment market from 2017-2021. (Graphic: Business Wire)

The increasing demand for metals, such as iron, aluminum, and steel, from the construction sector is expected to drive the global mechanical test equipment market. It becomes essential for manufacturers to incorporate mechanical testing equipment in manufacturing processes to determine the quality of the material. The rise in construction and infrastructure activities, particularly in developing economies such as India and China, will contribute toward the rising demand for iron and steel materials, thereby driving the market.

Anju Ajaykumar, a lead analyst from Technavio, specializing in research test and measurement sector, says, “The construction industry is expanding at a large scale across the world. The construction sector in developed countries and emerging markets is expected to grow exponentially during the forecast period, particularly in countries in APAC. China is the largest consumer and producer of steel.”

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The top three emerging trends driving the global mechanical test equipment market according to Technavio research analysts are:

  • Testing of food and packaging
  • Rising exports of electronics
  • Growth in construction sector

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Testing of food and packaging

The adoption of material testing equipment is growing significantly in the food and packaging industry. Different types of materials, such as plastic, glass, paperboard, and aluminum canning, are used for packaging food, such as meat, seafood, fruits, vegetables, cheese, milk, snacks, confectioneries, and condiments.

“Mechanical test equipment plays a key role in the food packaging industry. Companies offer a wide range of mechanical testing equipment to test the product that is to be packed. For instance, Zwick Roell offers a wide range of mechanical testing machines for testing packaging and test fixtures for texture analysis and viscosity measurements. Be it the testing of the firmness of cheese or sausage, or the consistency of yogurt and mustard, or tomato paste text fixtures, mechanical testing serves the need,” according to Anju.

Rising exports of electronics

The exports of electronic goods from countries, such as Taiwan, Japan, South Korea, and Singapore, are increasing. The rise in demand for electronics and semiconductors is mainly due to the increasing penetration of smartphones across the world. The shipment of smartphones is growing rapidly.

The mechanical testing equipment for testing electronic components is of prime importance as it helps in the development of finished products and new product designs. Various parameters of testing are tension, shear, adhesive/bond strength, flexure, peel strength, delamination, pull off tests, and force required to make electrical contacts.

Growth in construction sector

Metals, such as steel and iron, play a key role in the growth of the construction sector. Superior quality products must be used for the construction of infrastructure to ensure a long life. To ensure the durability, reliability, and safety of materials used in construction processes, mechanical test equipment is used.

The construction sector has a positive outlook globally as major infrastructure projects and construction activities are under process. Many factors lead to the expansion of the construction industry. APAC is one of the major markets for construction and is expected to grow at the highest rate during the forecast period. The primary reason for the growth is ongoing developments in infrastructure and real estate sectors in the region.

The key vendors are as follows:

  • Applied Test Systems
  • Illinois Tool Works
  • MTS Systems
  • Shimadzu
  • Zwick Roell

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