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The global test benches market grew at a CAGR of around 5% during 2015-2020. A test bench is a piece of supporting industrial equipment used for physically testing and inspecting a device or mechanical components prior to getting assembled. It is used for conducting quality checks to ensure consistency of the defined parameters by testing samples for mass production. Some of the commonly available test benches include force, torque, valve, universal, tension and compression test benches. The modern computer-based test benches are equipped with automated instruments, multimeters, wire cutters, oscilloscopes, soldering irons and sensors that facilitate continuous testing, measurement and manipulation of devices. As a result, they are widely used in automobile, semiconductor and electronics manufacturing and assembly of consumer electronics, turbines, pumps and mechanical instruments.
Rapid industrialization, along with the increasing requirement for factory automation across the globe, represents one of the key factors driving the growth of the market. Industries, such as automotive, transportation, power generation, electronics and manufacturing, utilize test benches for quality checks and sampling small components for consistency in the output. Furthermore, the increasing requirement for effective testing solutions for measuring the effectiveness of compact and light-weight automobile components is also driving the market growth. Torsion test benches assist in analyzing the weight, complexity, durability and crash performance of the equipment and components manufactured using carbon steel, honeycomb material and processed steel. Additionally, various product innovations, such as the development of motorized test stands for ideal force measurement at a uniform speed and angle, are acting as other growth-inducing factors. In line with this, the development of simulation software for improved testing is anticipated to drive the market further. Looking forward, IMARC Group expects the global test benches market to exhibit moderate growth during the next five years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global test benches market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, component, bench type, stand type, material type and application.
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The competitive landscape of the industry has also been examined along with the profiles of the key players being Ametek Inc., ATEQ, Blum-Novotest GmbH, dSPACE GmbH, ETH-Messtechnik GmbH, Haven Automation Ltd., IMADA Incorporated, Kern & Sohn GmbH, Mark-10 Coporation, MCD Elektronik GmbH, Mecmesin Limited, Nidec Motor Corporation and Think PC Progetti Srl.
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