Test Benches - Global Market Outlook (2019 -2027)
According to Stratistics MRC, the Global Test Benches Market is accounted for $1.16 billion in 2019 and is expected to reach $1.89 billion by 2027 growing at a CAGR of 6.3% during the forecast period. Increasing implementation of test benches in various industrial applications, such as automotive, industrial manufacturing, and engineering is the major factor propelling the market growth. However, factor such as ever-changing combustion engine changes is hampering the market growth.
Test benches refer to testing congregation used for calibration and testing of different equipment across dissimilar application segments. These are used for testing mechanism such as combustion engines, turbine, protection valves, hydraulic hoses and others. Some of the trendy applications of test benches include power & utilities, automotive & aerospace, electronics and others. Market players naturally provide modified solutions to their customers depending upon the end-use application.
Based on the application, the automotive and transportation segment is estimated to have a lucrative growth due to increasing consumer preferences for advanced vehicles, such as self-driving cars, autonomous cars, and connected cars, are resulting in a raise in the number of automotive manufacturing units. Increasing command for automotive components is likely to fuel the expansion of this segment.
By geography, Asia Pacific is estimated to have a lucrative growth due to the occurrence of a large number of semiconductor and electronics manufacturing companies, particularly in China. Countries such as Canada, U.S., and India are anticipated to generate considerable revenue over the next few years.
Some of the key players profiled in the Test Benches Market include IMADA, Incorporated, KERN & SOHN GmbH, Think PC PROGETTI, dSPACE GmbH, Haven Automation Ltd., ETH-messtechnik gmbh, Nidec Industrial Solutions, Mecmesin, Mark-10, Blum-Novotest, ATEQ, MCD Elektronik GmbH, IAG Industrie Automatisierungsgesellschaft m.b.H., AMETEK Sensors, Test & Calibration and Robert Bosch GmbH.
Components Covered:
• Software
• Hardware
Types Covered:
• Force
• Torque
• Valve
Test Stands Covered:
• Motorized Stands
• Manual Stands
Materials Covered:
• Furniture
• Motors
Applications Covered:
• Automotive and Transportation
• Industrial Manufacturing and Engineering
• Oil and Gas
• Power Generation and Utilities
• Semiconductor and Electronics
• Workshops
• Avionics
• Laboratories
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Test Benches Market, By Component
5.1 Introduction
5.2 Software
5.3 Hardware
6 Global Test Benches Market, By Type
6.1 Introduction
6.2 Force
6.3 Torque
6.4 Valve
7 Global Test Benches Market, By Test Stands
7.1 Introduction
7.2 Motorized Stands
7.3 Manual Stands
8 Global Test Benches Market, By Material
8.1 Introduction
8.2 Furniture
8.3 Motors
9 Global Test Benches Market, By Application
9.1 Introduction
9.2 Automotive and Transportation
9.3 Industrial Manufacturing and Engineering
9.4 Oil and Gas
9.5 Power Generation and Utilities
9.6 Semiconductor and Electronics
9.7 Workshops
9.8 Avionics
9.9 Laboratories
9.10 Other Applications
9.10.1 Research laboratories and Institutes
9.10.2 Packaging
10 Global Test Benches Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 IMADA, Incorporated
12.2 KERN & SOHN GmbH
12.3 Think PC PROGETTI
12.4 dSPACE GmbH
12.5 Haven Automation Ltd.
12.6 ETH-messtechnik gmbh
12.7 Nidec Industrial Solutions
12.8 Mecmesin
12.9 Mark-10
12.10 Blum-Novotest
12.11 ATEQ
12.12 MCD Elektronik GmbH
12.13 IAG Industrie Automatisierungsgesellschaft m.b.H.
12.14 AMETEK Sensors, Test & Calibration
12.15 Robert Bosch GmbH
List of Tables
1 Global Test Benches Market Outlook, By Region (2018-2027) ($MN)
2 Global Test Benches Market Outlook, By Component (2018-2027) ($MN)
3 Global Test Benches Market Outlook, By Software (2018-2027) ($MN)
4 Global Test Benches Market Outlook, By Hardware (2018-2027) ($MN)
5 Global Test Benches Market Outlook, By Type (2018-2027) ($MN)
6 Global Test Benches Market Outlook, By Force (2018-2027) ($MN)
7 Global Test Benches Market Outlook, By Torque (2018-2027) ($MN)
8 Global Test Benches Market Outlook, By Valve (2018-2027) ($MN)
9 Global Test Benches Market Outlook, By Test Stands (2018-2027) ($MN)
10 Global Test Benches Market Outlook, By Motorized Stands (2018-2027) ($MN)
11 Global Test Benches Market Outlook, By Manual Stands (2018-2027) ($MN)
12 Global Test Benches Market Outlook, By Material (2018-2027) ($MN)
13 Global Test Benches Market Outlook, By Furniture (2018-2027) ($MN)
14 Global Test Benches Market Outlook, By Motors (2018-2027) ($MN)
15 Global Test Benches Market Outlook, By Application (2018-2027) ($MN)
16 Global Test Benches Market Outlook, By Automotive and Transportation (2018-2027) ($MN)
17 Global Test Benches Market Outlook, By Industrial Manufacturing and Engineering (2018-2027) ($MN)
18 Global Test Benches Market Outlook, By Oil and Gas (2018-2027) ($MN)
19 Global Test Benches Market Outlook, By Power Generation and Utilities (2018-2027) ($MN)
20 Global Test Benches Market Outlook, By Semiconductor and Electronics (2018-2027) ($MN)
21 Global Test Benches Market Outlook, By Workshops (2018-2027) ($MN)
22 Global Test Benches Market Outlook, By Avionics (2018-2027) ($MN)
23 Global Test Benches Market Outlook, By Laboratories (2018-2027) ($MN)
24 Global Test Benches Market Outlook, By Other Applications (2018-2027) ($MN)
25 Global Test Benches Market Outlook, By Research laboratories and Institutes (2018-2027) ($MN)
26 Global Test Benches Market Outlook, By Packaging (2018-2027) ($MN)
27 North America Test Benches Market Outlook, By Country (2018-2027) ($MN)
28 North America Test Benches Market Outlook, By Component (2018-2027) ($MN)
29 North America Test Benches Market Outlook, By Software (2018-2027) ($MN)
30 North America Test Benches Market Outlook, By Hardware (2018-2027) ($MN)
31 North America Test Benches Market Outlook, By Type (2018-2027) ($MN)
32 North America Test Benches Market Outlook, By Force (2018-2027) ($MN)
33 North America Test Benches Market Outlook, By Torque (2018-2027) ($MN)
34 North America Test Benches Market Outlook, By Valve (2018-2027) ($MN)
35 North America Test Benches Market Outlook, By Test Stands (2018-2027) ($MN)
36 North America Test Benches Market Outlook, By Motorized Stands (2018-2027) ($MN)
37 North America Test Benches Market Outlook, By Manual Stands (2018-2027) ($MN)
38 North America Test Benches Market Outlook, By Material (2018-2027) ($MN)
39 North America Test Benches Market Outlook, By Furniture (2018-2027) ($MN)
40 North America Test Benches Market Outlook, By Motors (2018-2027) ($MN)
41 North America Test Benches Market Outlook, By Application (2018-2027) ($MN)
42 North America Test Benches Market Outlook, By Automotive and Transportation (2018-2027) ($MN)
43 North America Test Benches Market Outlook, By Industrial Manufacturing and Engineering (2018-2027) ($MN)
44 North America Test Benches Market Outlook, By Oil and Gas (2018-2027) ($MN)
45 North America Test Benches Market Outlook, By Power Generation and Utilities (2018-2027) ($MN)
46 North America Test Benches Market Outlook, By Semiconductor and Electronics (2018-2027) ($MN)
47 North America Test Benches Market Outlook, By Workshops (2018-2027) ($MN)
48 North America Test Benches Market Outlook, By Avionics (2018-2027) ($MN)
49 North America Test Benches Market Outlook, By Laboratories (2018-2027) ($MN)
50 North America Test Benches Market Outlook, By Other Applications (2018-2027) ($MN)
51 North America Test Benches Market Outlook, By Research laboratories and Institutes (2018-2027) ($MN)
52 North America Test Benches Market Outlook, By Packaging (2018-2027) ($MN)
53 Europe Test Benches Market Outlook, By Country (2018-2027) ($MN)
54 Europe Test Benches Market Outlook, By Component (2018-2027) ($MN)
55 Europe Test Benches Market Outlook, By Software (2018-2027) ($MN)
56 Europe Test Benches Market Outlook, By Hardware (2018-2027) ($MN)
57 Europe Test Benches Market Outlook, By Type (2018-2027) ($MN)
58 Europe Test Benches Market Outlook, By Force (2018-2027) ($MN)
59 Europe Test Benches Market Outlook, By Torque (2018-2027) ($MN)
60 Europe Test Benches Market Outlook, By Valve (2018-2027) ($MN)
61 Europe Test Benches Market Outlook, By Test Stands (2018-2027) ($MN)
62 Europe Test Benches Market Outlook, By Motorized Stands (2018-2027) ($MN)
63 Europe Test Benches Market Outlook, By Manual Stands (2018-2027) ($MN)
64 Europe Test Benches Market Outlook, By Material (2018-2027) ($MN)
65 Europe Test Benches Market Outlook, By Furniture (2018-2027) ($MN)
66 Europe Test Benches Market Outlook, By Motors (2018-2027) ($MN)
67 Europe Test Benches Market Outlook, By Application (2018-2027) ($MN)
68 Europe Test Benches Market Outlook, By Automotive and Transportation (2018-2027) ($MN)
69 Europe Test Benches Market Outlook, By Industrial Manufacturing and Engineering (2018-2027) ($MN)
70 Europe Test Benches Market Outlook, By Oil and Gas (2018-2027) ($MN)
71 Europe Test Benches Market Outlook, By Power Generation and Utilities (2018-2027) ($MN)
72 Europe Test Benches Market Outlook, By Semiconductor and Electronics (2018-2027) ($MN)
73 Europe Test Benches Market Outlook, By Workshops (2018-2027) ($MN)
74 Europe Test Benches Market Outlook, By Avionics (2018-2027) ($MN)
75 Europe Test Benches Market Outlook, By Laboratories (2018-2027) ($MN)
76 Europe Test Benches Market Outlook, By Other Applications (2018-2027) ($MN)
77 Europe Test Benches Market Outlook, By Research laboratories and Institutes (2018-2027) ($MN)
78 Europe Test Benches Market Outlook, By Packaging (2018-2027) ($MN)
79 Asia Pacific Test Benches Market Outlook, By Country (2018-2027) ($MN)
80 Asia Pacific Test Benches Market Outlook, By Component (2018-2027) ($MN)
81 Asia Pacific Test Benches Market Outlook, By Software (2018-2027) ($MN)
82 Asia Pacific Test Benches Market Outlook, By Hardware (2018-2027) ($MN)
83 Asia Pacific Test Benches Market Outlook, By Type (2018-2027) ($MN)
84 Asia Pacific Test Benches Market Outlook, By Force (2018-2027) ($MN)
85 Asia Pacific Test Benches Market Outlook, By Torque (2018-2027) ($MN)
86 Asia Pacific Test Benches Market Outlook, By Valve (2018-2027) ($MN)
87 Asia Pacific Test Benches Market Outlook, By Test Stands (2018-2027) ($MN)
88 Asia Pacific Test Benches Market Outlook, By Motorized Stands (2018-2027) ($MN)
89 Asia Pacific Test Benches Market Outlook, By Manual Stands (2018-2027) ($MN)
90 Asia Pacific Test Benches Market Outlook, By Material (2018-2027) ($MN)
91 Asia Pacific Test Benches Market Outlook, By Furniture (2018-2027) ($MN)
92 Asia Pacific Test Benches Market Outlook, By Motors (2018-2027) ($MN)
93 Asia Pacific Test Benches Market Outlook, By Application (2018-2027) ($MN)
94 Asia Pacific Test Benches Market Outlook, By Automotive and Transportation (2018-2027) ($MN)
95 Asia Pacific Test Benches Market Outlook, By Industrial Manufacturing and Engineering (2018-2027) ($MN)
96 Asia Pacific Test Benches Market Outlook, By Oil and Gas (2018-2027) ($MN)
97 Asia Pacific Test Benches Market Outlook, By Power Generation and Utilities (2018-2027) ($MN)
98 Asia Pacific Test Benches Market Outlook, By Semiconductor and Electronics (2018-2027) ($MN)
99 Asia Pacific Test Benches Market Outlook, By Workshops (2018-2027) ($MN)
100 Asia Pacific Test Benches Market Outlook, By Avionics (2018-2027) ($MN)
101 Asia Pacific Test Benches Market Outlook, By Laboratories (2018-2027) ($MN)
102 Asia Pacific Test Benches Market Outlook, By Other Applications (2018-2027) ($MN)
103 Asia Pacific Test Benches Market Outlook, By Research laboratories and Institutes (2018-2027) ($MN)
104 Asia Pacific Test Benches Market Outlook, By Packaging (2018-2027) ($MN)
105 South America Test Benches Market Outlook, By Country (2018-2027) ($MN)
106 South America Test Benches Market Outlook, By Component (2018-2027) ($MN)
107 South America Test Benches Market Outlook, By Software (2018-2027) ($MN)
108 South America Test Benches Market Outlook, By Hardware (2018-2027) ($MN)
109 South America Test Benches Market Outlook, By Type (2018-2027) ($MN)
110 South America Test Benches Market Outlook, By Force (2018-2027) ($MN)
111 South America Test Benches Market Outlook, By Torque (2018-2027) ($MN)
112 South America Test Benches Market Outlook, By Valve (2018-2027) ($MN)
113 South America Test Benches Market Outlook, By Test Stands (2018-2027) ($MN)
114 South America Test Benches Market Outlook, By Motorized Stands (2018-2027) ($MN)
115 South America Test Benches Market Outlook, By Manual Stands (2018-2027) ($MN)
116 South America Test Benches Market Outlook, By Material (2018-2027) ($MN)
117 South America Test Benches Market Outlook, By Furniture (2018-2027) ($MN)
118 South America Test Benches Market Outlook, By Motors (2018-2027) ($MN)
119 South America Test Benches Market Outlook, By Application (2018-2027) ($MN)
120 South America Test Benches Market Outlook, By Automotive and Transportation (2018-2027) ($MN)
121 South America Test Benches Market Outlook, By Industrial Manufacturing and Engineering (2018-2027) ($MN)
122 South America Test Benches Market Outlook, By Oil and Gas (2018-2027) ($MN)
123 South America Test Benches Market Outlook, By Power Generation and Utilities (2018-2027) ($MN)
124 South America Test Benches Market Outlook, By Semiconductor and Electronics (2018-2027) ($MN)
125 South America Test Benches Market Outlook, By Workshops (2018-2027) ($MN)
126 South America Test Benches Market Outlook, By Avionics (2018-2027) ($MN)
127 South America Test Benches Market Outlook, By Laboratories (2018-2027) ($MN)
128 South America Test Benches Market Outlook, By Other Applications (2018-2027) ($MN)
129 South America Test Benches Market Outlook, By Research laboratories and Institutes (2018-2027) ($MN)
130 South America Test Benches Market Outlook, By Packaging (2018-2027) ($MN)
131 Middle East & Africa Test Benches Market Outlook, By Country (2018-2027) ($MN)
132 Middle East & Africa Test Benches Market Outlook, By Component (2018-2027) ($MN)
133 Middle East & Africa Test Benches Market Outlook, By Software (2018-2027) ($MN)
134 Middle East & Africa Test Benches Market Outlook, By Hardware (2018-2027) ($MN)
135 Middle East & Africa Test Benches Market Outlook, By Type (2018-2027) ($MN)
136 Middle East & Africa Test Benches Market Outlook, By Force (2018-2027) ($MN)
137 Middle East & Africa Test Benches Market Outlook, By Torque (2018-2027) ($MN)
138 Middle East & Africa Test Benches Market Outlook, By Valve (2018-2027) ($MN)
139 Middle East & Africa Test Benches Market Outlook, By Test Stands (2018-2027) ($MN)
140 Middle East & Africa Test Benches Market Outlook, By Motorized Stands (2018-2027) ($MN)
141 Middle East & Africa Test Benches Market Outlook, By Manual Stands (2018-2027) ($MN)
142 Middle East & Africa Test Benches Market Outlook, By Material (2018-2027) ($MN)
143 Middle East & Africa Test Benches Market Outlook, By Furniture (2018-2027) ($MN)
144 Middle East & Africa Test Benches Market Outlook, By Motors (2018-2027) ($MN)
145 Middle East & Africa Test Benches Market Outlook, By Application (2018-2027) ($MN)
146 Middle East & Africa Test Benches Market Outlook, By Automotive and Transportation (2018-2027) ($MN)
147 Middle East & Africa Test Benches Market Outlook, By Industrial Manufacturing and Engineering (2018-2027) ($MN)
148 Middle East & Africa Test Benches Market Outlook, By Oil and Gas (2018-2027) ($MN)
149 Middle East & Africa Test Benches Market Outlook, By Power Generation and Utilities (2018-2027) ($MN)
150 Middle East & Africa Test Benches Market Outlook, By Semiconductor and Electronics (2018-2027) ($MN)
151 Middle East & Africa Test Benches Market Outlook, By Workshops (2018-2027) ($MN)
152 Middle East & Africa Test Benches Market Outlook, By Avionics (2018-2027) ($MN)
153 Middle East & Africa Test Benches Market Outlook, By Laboratories (2018-2027) ($MN)
154 Middle East & Africa Test Benches Market Outlook, By Other Applications (2018-2027) ($MN)
155 Middle East & Africa Test Benches Market Outlook, By Research laboratories and Institutes (2018-2027) ($MN)
156 Middle East & Africa Test Benches Market Outlook, By Packaging (2018-2027) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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