Global Torsion Tester Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Torsion Tester refers testing machine utilized for conducting torsion and twist on various metal wires, tubes, sheet materials. Torsional testing is performed by applying both axial (tension or compression) and torsional forces. It is used for measuring different parameters such as torsional shear stress of a shaft, maximum torque, shear modulus, and breaking angle of a material among others. The growing construction industry and increasing adoption of automobiles as well as recent product launches are factors that are accelerating the global market demand. For instance, according to Oxford Economics- in 2020, global construction output was valued at USD10.7 trillion, and the output is projected to grow by 42% between 2020 & 2030 to reach to USD 15.2 trillion by end of 2030. Furthermore, companies are coming up with new products to capitalize increasing demand for torsion tester across different industries. For instance, in February 2021, Instron launched new Torsion Add-On 3.0 for universal testing systems. This new Torsion Add-On 3.0 can be configured with any new or existing 6800 or 5900 Series universal testing system. Also, growing metal fabrication industry and rising technological advancements are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, volatile cost of raw materials impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Torsion Tester Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to presence of leading market players and growing automobile sector in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as rising construction sector and rapid industrialization in the region, would create lucrative growth prospects for the global Torsion Tester Market across the Asia Pacific region.
Major market players included in this report are:
Instron Corporation
ADMET, Inc.
Tinius Olsen
ZwickRoell
SHIMADZU Corporation
MTS Systems
Kokusai, USA
GUNT Geratebau GmbH
Fuel Instruments and Engineers Pvt. Ltd.
FORM+TEST Seidner&Co. GmbH
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Electromechanical
Electric
Servo Hydraulic
By Frequency Range:
Below 10 Hz
10-15 Hz
above 15 Hz
By Material Type:
Plastic Torsion Testers
Wood Torsion Testers
Composite Torsion Testers
Metal Torsion Testers
By End Use Industries:
Building & Construction
Automotive
Aerospace
Medical Applications
Metal Fabrication
Other Applications
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Torsion Tester Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
- 1.2.1. Global Torsion Tester Market, by Region, 2020-2028 (USD Million)
- 1.2.2. Global Torsion Tester Market, by Type, 2020-2028 (USD Million)
- 1.2.3. Global Torsion Tester Market, by Frequency Range, 2020-2028 (USD Million)
- 1.2.4. Global Torsion Tester Market, by Material Type, 2020-2028 (USD Million)
- 1.2.5. Global Torsion Tester Market, by End Use Industries, 2020-2028 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Torsion Tester Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Torsion Tester Market Dynamics
- 3.1. Torsion Tester Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing construction industry.
- 3.1.1.2. Increasing adoption of automobiles.
- 3.1.1.3. Recent product launches.
- 3.1.2. Market Challenges
- 3.1.2.1. Volatile cost of raw materials.
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing metal fabrication industry.
- 3.1.3.2. Rising technological advancements.
Chapter 4. Global Torsion Tester Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Torsion Tester Market, by Type
- 6.1. Market Snapshot
- 6.2. Global Torsion Tester Market by Type, Performance - Potential Analysis
- 6.3. Global Torsion Tester Market Estimates & Forecasts by Type 2018-2028 (USD Million)
- 6.4. Torsion Tester Market, Sub Segment Analysis
- 6.4.1. Electromechanical
- 6.4.2. Electric
- 6.4.3. Servo Hydraulic
Chapter 7. Global Torsion Tester Market, by Frequency Range
- 7.1. Market Snapshot
- 7.2. Global Torsion Tester Market by Frequency Range, Performance - Potential Analysis
- 7.3. Global Torsion Tester Market Estimates & Forecasts by Frequency Range 2018-2028 (USD Million)
- 7.4. Torsion Tester Market, Sub Segment Analysis
- 7.4.1. Below 10 Hz
- 7.4.2. 10-15 Hz
- 7.4.3. Above 15 Hz
Chapter 8. Global Torsion Tester Market, by Material Type
- 8.1. Market Snapshot
- 8.2. Global Torsion Tester Market by Material Type, Performance - Potential Analysis
- 8.3. Global Torsion Tester Market Estimates & Forecasts by Material Type 2018-2028 (USD Million)
- 8.4. Torsion Tester Market, Sub Segment Analysis
- 8.4.1. Plastic Torsion Testers
- 8.4.2. Wood Torsion Testers
- 8.4.3. Composite Torsion Testers
- 8.4.4. Metal Torsion Testers
Chapter 9. Global Torsion Tester Market, by End Use Industries
- 9.1. Market Snapshot
- 9.2. Global Torsion Tester Market by End Use Industries, Performance - Potential Analysis
- 9.3. Global Torsion Tester Market Estimates & Forecasts by End Use Industries 2018-2028 (USD Million)
- 9.4. Torsion Tester Market, Sub Segment Analysis
- 9.4.1. Building & Construction
- 9.4.2. Automotive
- 9.4.3. Aerospace
- 9.4.4. Medical Applications
- 9.4.5. Metal Fabrication
- 9.4.6. Other Applications
Chapter 10. Global Torsion Tester Market, Regional Analysis
- 10.1. Torsion Tester Market, Regional Market Snapshot
- 10.2. North America Torsion Tester Market
- 10.2.1. U.S. Torsion Tester Market
- 10.2.1.1. Type estimates & forecasts, 2018-2028
- 10.2.1.2. Frequency Range estimates & forecasts, 2018-2028
- 10.2.1.3. Material Type estimates & forecasts, 2018-2028
- 10.2.1.4. End Use Industries estimates & forecasts, 2018-2028
- 10.2.2. Canada Torsion Tester Market
- 10.3. Europe Torsion Tester Market Snapshot
- 10.3.1. U.K. Torsion Tester Market
- 10.3.2. Germany Torsion Tester Market
- 10.3.3. France Torsion Tester Market
- 10.3.4. Spain Torsion Tester Market
- 10.3.5. Italy Torsion Tester Market
- 10.3.6. Rest of Europe Torsion Tester Market
- 10.4. Asia-Pacific Torsion Tester Market Snapshot
- 10.4.1. China Torsion Tester Market
- 10.4.2. India Torsion Tester Market
- 10.4.3. Japan Torsion Tester Market
- 10.4.4. Australia Torsion Tester Market
- 10.4.5. South Korea Torsion Tester Market
- 10.4.6. Rest of Asia Pacific Torsion Tester Market
- 10.5. Latin America Torsion Tester Market Snapshot
- 10.5.1. Brazil Torsion Tester Market
- 10.5.2. Mexico Torsion Tester Market
- 10.6. Rest of The World Torsion Tester Market
Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. Company Profiles
- 11.2.1. Instron Corporation
- 11.2.1.1. Key Information
- 11.2.1.2. Overview
- 11.2.1.3. Financial (Subject to Data Availability)
- 11.2.1.4. Product Summary
- 11.2.1.5. Recent Developments
- 11.2.2. ADMET, Inc.
- 11.2.3. Tinius Olsen
- 11.2.4. ZwickRoell
- 11.2.5. SHIMADZU Corporation
- 11.2.6. MTS Systems
- 11.2.7. Kokusai, USA
- 11.2.8. GUNT Geratebau GmbH
- 11.2.9. Fuel Instruments and Engineers Pvt. Ltd.
- 11.2.10. FORM+TEST Seidner&Co. GmbH
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption