Brinell Hardness Tester Market Key Profiles, Driver, Outlook & Competitive Landscape To 2026


Global Brinell hardness tester market was valued at US$ 70.0 Mn in 2018, up from US$ 67.5 Mn in 2017. By 2027, the market is projected to reach US$ 104.3 Mn, exhibiting a CAGR of 4.6% over the forecast period (2019–2027). Brinell hardness tester is used to determine hardness of the material. Most commonly it is used to test materials that have a coarse or rough structure which is hard to be tested by using another test method.
Other Applications segment held dominant position in the market in 2018
Others segment held the dominant position in the global market and is expected to retain its dominance over the forecast period. The aerospace and automotive sectors are increasingly focused on product development and quality control. Producing fasteners for the aerospace and automotive industries requires high focus on quality and material selection, in order to meet high-performance expectations. Hardness testing is often the best approach to ensure that components perform satisfactorily in their intended applications. In the automotive industry, Brinell hardness tester performs various hardness tests such as metal tensile tests for aluminum, stainless steel, a variety of deep-drawn sheets, and determination of the shear strength of brake linings and rim testing. For instance, Hegewald & Peschke Company offers various hardness testers, which are specifically designed for the automotive sector.
Key players in the market are focused on adopting product acquisition strategies, in order to enhance their market share. For instance, in March 2018, Phoenix Testlab GmbH acquired a universal testing machine, Type Inspekt 10 kN from Hegewald & Peschke, to equip its test laboratories. This universal testing machine is versatile and can be used for a wide range of tests on different components that are mainly used in the automotive sector. These tests include, cable strands (mainly electric switch) and start push-button elements.
The aerospace industry requires the highest standard of equipment and consumables to ensure repeatability and reproducibility of results. This in turn helps the aerospace industry to ensure that the chances of critical failures are vanishingly small, while maintaining efficiencies in both the design as well as production. The aerospace mechanical testing portfolio includes tensile strength and elongation testing, compression testing, impact testing, fracture toughness testing, stress rupture, fatigue testing, hardness testing, abrasion and wear testing, bend testing, pressure testing, shear testing, and torque testing. Moreover, aerospace industry relies on innovative materials to improve the aircraft’s performance, weight, and strength. Beyond material innovations, proper and thorough testing is required to assure that the new materials can withstand rigorous operational use over an extended period of time in harsh environments. Therefore, several vendors in the market are focused on investing and developing new products to expand their product portfolio. For instance, in May 2017, R-TECH Materials invested in The Zwick Roell Group’s latest composites testing technology, 250kN Zwick Universal Testing Machine, to aid its rapidly growing aerospace testing business. This 250kN Zwick Universal Testing Machine is expected to help R-TECH to carry out liquid, humidity, or temperature pre-conditioning of samples, which are essential for the aerospace sector. These factors are expected to contribute to growth of the global Brinell hardness testers market during forecast period.
Asia Pacific held the dominant position in the Global Brinell hardness tester market in 2017
Asia Pacific Brinell hardness tester market generated revenue of US$ 25.88 Mn in 2017. By 2027, the market is projected to reach US$ 40.99 Mn with a CAGR of 4.9% over the forecast period. Emerging economies in Asia Pacific such as ASEAN and India are estimated to be the opportunistic countries with huge market potential during the forecast period. Large scale manufacturing as well as industrial production in China is expected to drive demand for Brinell hardness testers in the country. For instance, as per WMR’s analysis, in 2016, China was the largest market in the global industrial output with contribution of around US$ 4,566 Bn. Moreover, vendors recognize the importance of this region, particularly in India, and are working towards penetrating this market by strengthening their sales and distribution networks. According to Worldwide Market Reports, Asia Pacific region is one of the biggest market for Brinell hardness testers and equipment, owing to presence of key players such as Mitutoyo, Zwick Roell Group, FINE Group, Akash Industries, and Struers. Therefore, these factors are expected to aid in growth of the Brinell hardness testers market over the forecast period in the region. Moreover, growing infrastructure development and growing construction industry in emerging economies boost the adoption of hardness testing equipment.  LAMEA Brinell hardness tester market is projected to exhibit the second highest CAGR over the forecast period.
Global Brinell hardness tester Market: Key Players
Major players operating in the global Brinell hardness tester industry include Instron Corporation, LECO Corporation, Buehler International Inc., AMETEK, Inc., Bowers Group, King Tester Corporation, Shenyang Tianxing Testing lnstruments Co., Ltd., Laryee Technology Co, Ltd., Mitutoyo Corporation, Flexbar Machine Corporation, Tinius Olsen Testing Machine Company, Detroit Testing Machine Co., Hardness Testers AFFRI, Foundrax Engineering Products Ltd., and Indentec Hardness Testing Machines Limited.


Comments

Popular posts from this blog

Traffic Management System Market Trends, Outlook, and Opportunity Analysis, 2018-2026

Laser Cladding System Market to Witness Robust Expansion throughout the Forecast Period 2017-2026