Concrete Testers Market Growth, Size, Share, Trends, and Forecast 2030

Concrete Testers Market

Concrete Testers Market By Product(NDT Machine, Universal Testing Machine, Fresh Concrete Testing, Flexure Testing Machine, Others), By Application(On-Site, Off-Site), By End-Use Industry(Construction, Infrastructure, Mining, Railways, Research & Academics, Others), and By Region: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030

Category: Technology & Media Report Format : PDF Report Code: ZMR-5630 Status : Upcoming
Market Size in 2022 Market Forecast in 2030 CAGR (in %) Base Year
USD 2.18 Billion USD 3.22 Billion 4.96% 2022

Description

The global concrete testers market size was worth around USD 2.18 Billion in 2022 and is predicted to grow to around USD 3.22 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 4.96% between 2023 and 2030.

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The report analyzes the global concrete testers market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the concrete testers industry.

Global Concrete Testers Market: Overview

Concrete is a composite mixture of cement, aggregate, water, and at times additives. It is an important material used in the construction & building industry and has a wide range of applications in commercial, industrial, & residential sectors. The quality of the concrete is essential as it brings rigidity to the structures. To measure the consistency of the fresh concrete, concrete testers are been used. It is also used as an indicator for the inappropriately mixed batch of concrete. The concrete testers are usually used for fresh & hardened concrete testing and non-destructive testing. A wide range of concrete testers used includes abrasion testers, compression testers, non-destructive testers, calorimeters, and much more.

Global Concrete Testers Market: Growth Factors

Factors such as the growing number of residential projects, expanding use of concrete testers in infrastructure & construction sectors, and increase in the number of highway widening/construction projects are primarily fostering the growth of the global concrete testers market. Any voids or cracks in the finished concrete structure can be hazardous to the people at the time of an earthquake or any other natural disaster. In addition to this, the concrete structures like bridges, parking, overpasses, and railway tracks should be able to withstand for a long duration as on daily basis they need to carry a definite amount of weight. Also, certain standards are been employed to test the durability & composition of the ingredients used in concrete and are adopted by laboratories across the world. The old standards of concrete testing are also been replaced or updated with the new standards as per modern technologies.

Thus, considering the importance of concrete testing, the government has imposed strict regulations regarding concrete testing. This has increased the demand for concrete testing from the end-users thereby augmenting the growth of the global market. Moreover, factors such as huge investments made by the builders to provide quality structure to the inhabitants and a rise in adoption of concrete testing in mining & railway sectors are also boosting the growth of the market. Furthermore, advancements in the technology used for concrete testing will create large opportunities for the growth of the global concrete testers market. However, the high cost associated with the concrete testers and additional certification required for the operation of non-destructive machines may hinder the growth of the global concrete testers market.

The Covid-19 pandemic has an adverse effect on the global concrete testers market. To control the spread of disease, most of the governments across the world imposed the rules of lockdown which directly hampered the infrastructure and construction sectors. The ongoing projects were temporarily ceased and no new projects were launched due to the strict lockdown and restriction on personnel movement. In addition to this, due to the disruption in the supply chain, there arise the scarcities for raw materials. The global market experienced a decline in the demand for concrete testers from the end-users. However, with the ease in lockdown, the industries are coming on the track which in turn may lead to steady growth of the market.

Global Concrete Testers Market: Segmentation

The global concrete testers market is bifurcated by application, product, end-user, and region. Based on the application, the global concrete testers market is split into off-site and on-site. The product segment is categorized into universal testing machine, flexure testing machine, fresh concrete testing, NDT machine, and others. Based on the end-user, the global concrete testers market is classified into mining, construction, research & academics, railways, infrastructure, and others.

By Product

  • NDT Machine
  • Universal Testing Machine
  • Fresh Concrete Testing
  • Flexure Testing Machine
  • Others

By Application

  • On-Site
  • Off-Site

By End-Use Industry

  • Construction
  • Infrastructure
  • Mining
  • Railways
  • Research & Academics
  • Others

Concrete Testers Market: Report Scope

Report Attributes Report Details
Report Name Concrete Testers Market
Market Size in 2022 USD 2.18 Billion
Market Forecast in 2030 USD 3.22 Billion
Growth Rate CAGR of 4.96%
Number of Pages 212
Key Companies Covered Cooper Technologies, EIE Instruments, MTS Systems Corporation, Canopus Instruments, PCE Deutschland GmbH, Forney, Humboldt Mfg. Co., MATEST, and Global Gilson
Segments Covered By Product, By Application, By End-Use Industry, and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2022
Historical Year 2017 to 2021
Forecast Year 2023 - 2030
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global Concrete Testers Market: Regional Analysis

North America is estimated to hold the largest share in the global concrete testers market in terms of revenue. This is attributable to the presence of major players, huge investments in expanding the construction & infrastructure sectors, and stringent regulations of the government. With the rise in economies in Spain and Germany, Europe holds the second-most position in the global market. However, Asia Pacific region is projected to grow with the highest CAGR due to the growing exploration of mining and the growing number of residential & commercial projects.

Global Concrete Testers Market: Competitive Players

  • Cooper Technologies
  • EIE Instruments
  • MTS Systems Corporation
  • Canopus Instruments
  • PCE Deutschland GmbH
  • Forney
  • Humboldt Mfg. Co.
  • MATEST
  • and Global Gilson

Global Concrete Testers Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

Factors such as the growing number of residential projects, expanding use of concrete testers in infrastructure & construction sectors, and increase in the number of highway widening/construction projects are primarily fostering the growth of the global concrete testers market. Furthermore, advancements in the technology used for concrete testing will create large opportunities for the growth of the global concrete testers market.

Cooper Technologies, EIE Instruments, MTS Systems Corporation, Canopus Instruments, PCE Deutschland GmbH, Forney, Humboldt Mfg. Co., MATEST, and Global Gilson are some of the key players in the global concrete testers market.

North America is estimated to hold the largest share in the global concrete testers market in terms of revenue. This is attributable to the presence of major players, huge investments in expanding the construction & infrastructure sectors, and stringent regulations of the government.

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