Material Testing Market Outlook 2027 By Size, Share, Trends, Technology, Growth
According to TechSci Research, Global Material Testing Market is expected to grow at CAGR of over 4% owing to growing demand from automotive, aerospace & Defense and construction industries, increasing necessity to meet manufacturing standards and increasing educational research activities globally. Based on type, the material testing market is segmented into universal testing machines, servo hydraulic testing machines, hardness test equipment and impact test equipment. In 2021, the Universal testing machines has the largest market share due to its wide usage in various industries, ability to perform for various materials and easy & cheap availability. Based on region, the material testing market has been segmented into Asia Pacific, North America, Europe & CIS, South America and Middle East & Africa. Asia Pacific is the largest and fastest-growing market for material testing owing to the increasing educational research activities and growing industrialization. So...