Market Overview
The Global Testing Equipment Market is expected to grow at a high CAGR during the forecasting period (2020-2027).
Measurement technology provides the tools for optimizing production processes and dosing operations. In addition to pressure and temperature, the flow rate is one of the most important measured variables
A testing equipment is an instrument used to check leakage and detection of unwanted flow of fluid, gas, current, etc. The increased focus on modernizing the processes and operations in industries is set to increase the demand for testing equipment's
Testing equipment market is segmented by product type, type, end user and geography. By product type the market is segmented into Hardware, Software and Services. By type the market is segmented into Portable and Fixed. By end user the market is further segmented by Water & Waste Water, Oil & Gas , Chemicals, Power Generation, Pulp & Paper, Metals & Mining, Food & Beverages, HVAC and Others. Whereas by geography the market is divided into North America, South America, Europe, Asia Pacific and Middle East and Africa
key players in the market mainly focus on new product launches, expansions, and mergers & acquisitions to enhance their position in the testing equipment's market.
Market Dynamics
Rising demand for leak detection in water and wastewater management applications across the globe is expected to drive market growth over the forecast period
Adoption of advanced leak detection technologies and instruments is also likely to gain traction in other sectors, such as oil and gas, pulp and paper, food and beverage, and power generation
Moreover these industries need to monitor the leak and unwanted issues which involves use of testing equipments. This has led to increased usage of testing equipments in various sectors of the market
The increased focus on modernizing the processes and operations in industries increased the demand for testing equipments. However, these testing equipments are not compatible with modern machines and need to be replaced by the new ones which are smarter and intelligent. However, the cost of replacing the traditional testing equipments is high and is a major factor restraining the growth of the testing equipments market.
Competitive Landscape:
Some of the major players include ABB Ltd, Emerson Electric Co, General Electric, KROHNE Messtechnik, Hontzsch GmbH, Siemens AG, OMEGA Engineering Inc., Honeywell International Inc., Uson, L.P., Yokogawa Electric Co.
These key players mainly focus on new product launches, expansions, and mergers & acquisitions to enhance their position in the testing equipments market.
Why Purchase the Report?
Visualize the composition of the global Testing Equipment market across each indication, in terms of type and treatment options, highlighting the key commercial assets and players.
Identify commercial opportunities in global Testing Equipment market by analyzing trends and co-development deals.
Excel data sheet with thousands of data points of the global Testing Equipment market.
PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
Product mapping in excel for the key products of all major market players.
The global report would provide an access to an approx, Global Testing Equipment Market 63 data table, 60 figures and 207 pages
Target Audience
Raw Material Suppliers/ Buyers
Product Suppliers/ Buyers
Industry Investors/Investment Bankers
Education & Research Institutes
Research Professionals
Emerging Companies
Manufacturers
Table of Contents
1. Testing Equipment Market Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Objective and Scope of the Report
2. Testing Equipment Market-Market Definition and Overview
3. Testing Equipment Market-Executive Summary
- 3.1. Market Snippet By Product Type
- 3.2. Market Snippet by Type
- 3.3. Market Snippet by End User
- 3.4. Market Snippet by Region
4. Testing Equipment Market-Dynamics
- 4.1. Market Impacting Factors
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Porters five force analysis
- 4.1.3.1. Buyers power
- 4.1.3.2. Supplier Power
- 4.1.3.3. Industry competition
- 4.1.3.4. A threat of New Entrant
- 4.1.3.5. The threat of Substitutes.
5. Testing Equipment Market- Covid-19 Analysis
- 5.1. Analysis of Covid-19 on the market
- 5.2. Pricing dynamics amid Covid-19
- 5.3. Demand-Supply Spectrum
- 5.4. Government Initiatives related to the market during Pandemic
- 5.5. Manufacturers Strategic Initiatives
- 5.6. Conclusion
6. Testing Equipment Market - By Product Type
- 6.1. Introduction
- 6.1.1. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2019-2027, By Product Type
- 6.1.2. Market Attractiveness Index, By Product Type
- 6.2. Hardware*
- 6.2.1. Introduction
- 6.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 6.2.3. Leak Detector
- 6.2.4. Calibrators
- 6.2.5. Transmission Line/Station Testing
- 6.2.6. Safety Testing / Surge Testing
- 6.2.7. Sensor
- 6.2.8. Multimeter
- 6.2.9. Others
- 6.3. Software
- 6.4. Service
- 6.4.1. Calibration
- 6.4.2. Repair/Maintenance
- 6.4.3. Rental
- 6.4.4. Training
- 6.4.5. Others
7. Testing Equipment Market - By Type
- 7.1. Introduction
- 7.1.1. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2019-2027, By Type
- 7.1.2. Market Attractiveness Index, By Type
- 7.2. Portable*
- 7.2.1. Introduction
- 7.2.2. Market Size Analysis, US$ Million, 2019-2027 and Y-o-Y Growth Analysis (%), 2020-2027
- 7.3. Fixed
8. Testing Equipment Market - By End User
- 8.1. Introduction
- 8.1.1. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2019-2027, By End User
- 8.1.2. Market Attractiveness Index, By End User
- 8.2. Water & Wastewater*
- 8.2.1. Introduction
- 8.2.2. Market Size Analysis, US$ Million, 2019-2027 and Y-o-Y Growth Analysis (%), 2020-2027
- 8.3. Oil & Gas
- 8.4. Chemicals
- 8.5. Power Generation
- 8.6. Pulp & Paper
- 8.7. Metals & Mining
- 8.8. Food & Beverages
- 8.9. HVAC
- 8.10. Others
9. Testing Equipment Market-By Region
- 9.1. Introduction
- 9.1.1. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2019-2027, by Region
- 9.1.2. Market Attractiveness Index, by Region
- 9.2. North America
- 9.2.1. Introduction
- 9.2.2. Key Region-Specific Dynamics
- 9.2.3. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2019-2027, By Product Type
- 9.2.4. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2019-2027, by Type
- 9.2.5. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2019-2027, by End User
- 9.2.6. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2019-2027, by Country
- 9.2.6.1. U.S.
- 9.2.6.2. Canada
- 9.2.6.3. Mexico
- 9.3. Europe
- 9.3.1. Introduction
- 9.3.2. Key Region-Specific Dynamics
- 9.3.3. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2019-2027, By Product Type
- 9.3.4. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2019-2027, by Type
- 9.3.5. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2019-2027, by End User
- 9.3.6. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2019-2027, by Country
- 9.3.6.1. Germany
- 9.3.6.2. U.K.
- 9.3.6.3. France
- 9.3.6.4. Russia
- 9.3.6.5. Spain
- 9.3.6.6. Italy
- 9.3.6.7. Rest of Europe
- 9.4. South America
- 9.4.1. Introduction
- 9.4.2. Key Region-Specific Dynamics
- 9.4.3. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2019-2027, By Product Type
- 9.4.4. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2019-2027, by Type
- 9.4.5. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2019-2027, by End User
- 9.4.6. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2019-2027, by Country
- 9.4.6.1. Brazil
- 9.4.6.2. Argentina
- 9.4.6.3. Rest of South America
- 9.5. Asia-Pacific
- 9.5.1. Introduction
- 9.5.2. Key Region-Specific Dynamics
- 9.5.3. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2019-2027, By Product Type
- 9.5.4. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2019-2027, by Type
- 9.5.5. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2019-2027, by End User
- 9.5.6. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2019-2027, by Country
- 9.5.6.1. China
- 9.5.6.2. India
- 9.5.6.3. Japan
- 9.5.6.4. Australia
- 9.5.6.5. Indonesia
- 9.5.6.6. Rest of Asia-Pacific
- 9.6. Middle East and Africa
- 9.6.1. Introduction
- 9.6.2. Key Region-Specific Dynamics
- 9.6.3. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2019-2027, By Product Type
- 9.6.4. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2019-2027, by Type
- 9.6.5. Market Size Analysis, US$ Million, 2018-2027 and Y-o-Y Growth Analysis (%), 2019-2027, by End User
10. Testing Equipment Market Competitive Landscape
- 10.1. Competitive Scenario
- 10.2. Market Positioning/Share Analysis
- 10.3. Mergers and Acquisitions Analysis
11. Testing Equipment Market Company Profiles
- 11.1. ABB Ltd*
- 11.1.1. Company Overview
- 11.1.2. Process Portfolio and Description
- 11.1.3. Key Highlights
- 11.1.4. Financial Overview
- 11.2. Emerson Electric Co.
- 11.3. General Electric
- 11.4. KROHNE Messtechnik
- 11.5. Hontzsch GmbH
- 11.6. Siemens AG
- 11.7. OMEGA Engineering Inc.
- 11.8. Honeywell International Inc.
- 11.9. Uson, L.P.
- 11.10. Yokogawa Electric Co. (List Not Exhaustive)
12. Testing Equipment Market-Premium Insights
13. Testing Equipment Market-DataM
- 13.1. Appendix
- 13.2. About Us and Services
- 13.3. Contact Us
