Test Benches Market Report

Market Overview:

The global test benches market size reached US$ 1.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.7 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.

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.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global test benches market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, bench type, stand type, material type and application.

Breakup by Component:

• Hardware
• Software
   

Breakup by Bench Type:

• Valve
• Force
• Torque
• Others
   

Breakup by Stand Type:

• Manual
• Motorized
   

Breakup by Material Type:

• Valve
• Motors
• Furniture
• Others
   

Breakup by Application:

• Semiconductor and Electronics
• Manufacturing and Engineering
• Automotive and Transportation
• Power Generation and Utilities
• Oil and Gas
• Others
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

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 (Nidec Corporation) and Think PC Progetti Srl.

Report Coverage:

Key Questions Answered in This Report:

• How has the global test benches market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global test benches market?
• What are the key regional markets?
• What is the breakup of the market based on the component?
• What is the breakup of the market based on the bench type?
• What is the breakup of the market based on the stand type?
• What is the breakup of the market based on the material type?
• What is the breakup of the market based on the application?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global test benches market and who are the key players?
• What is the degree of competition in the industry?