Market Research Blog

According to a new study by Future Market Insights, the sale of silk protein is expected to reach ~ US$ 0.6 Bn in 2022. The rise in the demand for silk protein is due to various factors such as growing inclination towards personal grooming and increasing usage of natural ingredients in skincare products. Silk protein, due to the immense skin benefits, continues to find increasing application in skincare industry, while manufacturers are focusing on identifying and leveraging white spaces in its application, especially in eye care and toiletries.

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Coupling agents can be defined as compounds or a class of high performance additives that create a chemical bond between two different materials, usually organic and inorganic. They are primarily used to enhance the properties of thermoplastic materials & composites. These coupling agents, also referred to as compatibilizers, increase the interfacial adhesion between the two immiscible compounds. These additives enhance the interfacial properties between polar fillers & reinforcements, such as glass, calcium carbonate, metals and other minerals with non-polar polymers, such as polypropylene blends and composites.

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With the ability to create bonds between polar and non-polar surfaces, compatibilizers are gaining traction as desired additives for the formulation of polymer composites. The adhesion provided by coupling agents brings about significant changes in the physical properties of polypropylene composites, such as better heat resistance, improved durability, improved weather ability, increased water resistance, easy processing and better melt flow characteristics.

Coupling agents for polypropylene are commercially available in three different physical forms, namely liquid, granular and powder. These forms are tailor-made as per consumer needs. All three forms exhibit exceptional compatibility with many resins, polymers and synthetic & natural waxes.

Coupling agents for polypropylene are gaining traction and emerging as some most effective additives in the thermoplastic industry. The primary reasons behind the increase in the penetration and consumption of these specially-formulated coupling agents are efficacy and the attributes that enable the formulation of high-value polymeric products. Furthermore, these Coupling agents for polypropylene find use in a number of applications such as modification of plastic material, formulation of hot melt adhesives, reinforced panels, formulation of inks, paints and coatings and many more.

The derived products are further being adopted and utilized in different end user industries such as chemical, electrical, energy, automotive and consumer goods.  In the chemical industry, coupling agents are used to improve viscosity during the mixture process. Polypropylene is extensively utilized in the consumer goods industry as it is flexible, lightweight and mechanically stable, which are the primary requisites for consumer goods. Also, PP-based products offer excellent resistance against chemical and harsh weather and therefore, have high penetration in the automotive industry.

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With increased R&D activities, major manufacturers are focusing towards the synthesis of coupling agents for polypropylene that can provide increased efficacy in a cost-effective manner. Over the span of the next ten years, new product development and growing implementation of novel technologies to achieve better operating efficiency and productivity are expected to foster an aggressive and competitive market for coupling agents for polypropylene.

Key Insights

The market for coupling agents for polypropylene is estimated to remain progressive as the market registered sizable growth in 2017 in terms of revenue generation and the same development is forecast for the near future. Growth of coupling agents for polypropylene can be attributed to the increased penetration of reinforced thermoplastics in numerous industries. Glass fiber reinforced polypropylene is the material of choice in many end user industries and its high penetration can be attributed to its high performance capabilities, competitive cost, design possibilities and processing advantages.

Polypropylene will remain the most consumed thermoplastic across the globe based on its dimensional stability, stiffness and low cost, predominantly in the automotive industry.  Apart from the automotive industry, fiber reinforced polypropylene-based products are becoming an integral part of one’s life, from consumer goods to electrical components, there is a dire need for a high performance material that can showcase exceptional properties and stability for long-term operation.

Coupling Agents for Polypropylene Market: Key Players

Examples of some of the key players operating in the global coupling agent for polypropylene market are Eastman Chemical Company, Clariant, Honeywell, Mitsui Chemicals, Arkema, Dupont, Addivant, Westlake Chemical Corporation, BYK USA Inc, Ceronas GmbH & Co. KG, PolyGroup Inc., Amoy Coaco Plastic Technology Co. Ltd. and Guangzhou Lushan New Materials Co., Ltd., among others.

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Key Developments

• In July 2016, Dupont expanded and started up its new compounding plant in Shenzhen, China. The plant is dedicated to the synthesis of numerous resins for packaging applications. Also, it is going to produce the Fusabond maleic anhydride grafted coupling agent for PP to serve automotive, industrial and packaging markets in APAC and across the globe.

Coupling Agents for Polypropylene: Regional Outlook

The global coupling agents for polypropylene market, geographically, can be segmented into the following regions – North America, Latin America, Western Europe, Eastern Europe, South East Asia-Pacific, China, Japan, India and the Middle East and Africa. China is one of the fastest growing and emerging regions across the globe in terms of consumption and production, and there are a notable number of manufacturers with manufacturing plants in China, India and South East Asian countries.

China represents one of largest shares across all regions in terms of production. Japan is witnessing steady growth, owing the limited number of manufacturers. With new regulations imposed by the government regarding low VOC emission, major manufacturers in North America and Western Europe are implementing new practices for the formulation of coatings, which further drives the coupling agents market in the region. Eastern Europe and Latin America are attractive regions for key manufacturers due to favorable government policies. The Middle East and Africa region also entertains a sizable market share in terms of consumption.

Coupling Agents for Polypropylene: Brief Approach to Research

FMI will follow a modelling-based approach and triangulation methodology to estimate coupling agents for polypropylene data in this report. A detailed coupling agents for polypropylene market understanding and assessment of the nature, product type and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level and consolidated and synthesized at a global level to estimate the overall market sizes.

Coupling Agent for Polypropylene Market: Segmentation

On the basis of physical form, the global coupling agents for polypropylene market can be segmented as:

• Powder
• Granular
• Liquid

On the basis of application, the global coupling agents for polypropylene market can be segmented as:

• Plastic Modification
• Hot Melt Adhesive
• Inks, Paints & Coatings
• Release Agent
• Reinforced Panels

Key Data Points Covered in the Report

Some of the key data points covered in our coupling agents for polypropylene report include:

• An overview of the coupling agents for polypropylene market, including background and evolution
• Macroeconomic factors affecting the coupling agents for polypropylene market and its potential
• Market dynamics, such as drivers, challenges and trends
• Detailed value chain analysis of the coupling agents for polypropylene market
• Cost structure of the products and segments covered in the global coupling agents for polypropylene market
• In-depth pricing analysis, by key product segments, regions and by major coupling agents for polypropylene market participants
• Analysis of supply and demand, such as top product producing and consuming geographies, product imports/exports, exchange of services and overall trade scenario in the global coupling agents for polypropylene market
• Analysis of the global coupling agent for polypropylene market structure, including a tier-wise categorization of key coupling agents for polypropylene market participants
• Competitive landscape of the market, including detailed profiles of the top players in the coupling agents for polypropylene market

Laboratory or on-site testing of the each material before construction is extremely essential to avoid future disasters. With the ever-increasing growth in the construction and manufacturing industries, along with the ever-rising demand for efficient laboratory-grade NDT equipment solutions for material science research in both, developing and developed nations, the demand for NDT equipment testing solutions is increasing steadily across the globe. The NDT equipment tester is used to test materials that are pre-requisite for construction, including aggregate, cement, asphalt, bituminous rocks and others. As the construction industries and material testing laboratories in North America, Europe and Asia Pacific is expanding, the demand for NDT equipment is expected to increase.

NDT equipment testers incorporate a non-destructive technique in order to measure a material’s strength, detect internal flaws, and calculate low strain modulus. The NDT equipment measures the speed on an ultrasonic wave passing through the material and thus, enables the operator to eliminate the requirement of intrusive destructive testing. The primary strength of NDT equipment method lies in detecting general variations in conditions, such as areas of weakness in an otherwise sound concrete structure. Moreover, the growing demand for electrical equipment products is also creating potential growth opportunities for NDT equipment market. In addition, the growing manufacturing industry in Asia Pacific, especially in China, India, and Japan is creating potential opportunities for the growth of NDT equipment market.

NDT Equipment Market: Drivers and Challenges

Drivers

Simplicity plays a major role in driving the global NDT equipment market. The NDT equipment method incorporates the concept of measuring the time of the ultrasonic wave’s first arrival from one side of specimen to the other. The adoption rate of NDT equipment solutions in the case of laboratories and other institutions committed to civil engineering research and development is expected to rise steadily during the forecast period. The increased adoption is estimated to, in turn, drive the NDT equipment market.

Challenges

The high prices of NDT equipment is one of the major challenge for the growth of NDT equipment market. Moreover, the technology requires skilled personnel for statistical analyses and for efficient process. On the other hand, research laboratories and organizations need to make heavy investments in order to procure and maintain modern NDT equipment. These are the primary factors, which are acting as a challenges for the NDT equipment market growth during the assessment period.

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NDT Equipment Market: Competition Landscape

Some of the key vendors identified in the NDT Equipment market includes Zetec Inc., Olympus Corporation, Eddyfi NDT Inc., GE Measurement & Control Solutions, Sonatest Ltd., Bosello High Tech SRL, Yxlon International GMBH, Fischer Technology Inc., MISTRAS Group Inc., Magnaflux Corporation, and Nikon Corporation.

NDT Equipment Market: Regional Overview

On the basis of geography, the largest NDT equipment market share is held by North America, owing to the adoption of safety and health with innovative technologies in the region. SEA & Others of APAC and Western Europe are also expected to gain substantial NDT equipment market shares in the coming years, owing to the rapid adoption of nondestructive testing equipment. China is pegged to be the fastest growing NDT Equipment market, due to the initiatives being taken by the government of the country and players in the market towards technological advancements.

The NDT Equipment markets in Latin America and MEA are also expected to witness high growth rates in the coming period, due to the rise in the adoption of smart electronic devices with inbuilt software, especially in the multiple industries, such as construction and mining.

The report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Historical Actual NDT Equipment Market Size, 2013 – 2017
• Market Size & Forecast 2018 to 2028
• Supply & Demand Value Chain for the NDT Equipment Market
• Global Market Current Trends/Issues/Challenges
• Competition & Companies involved in NDT Equipment Market
• NDT Equipment Market Solutions Technology
• Value Chain of the NDT Equipment Market
• Global NDT Equipment Market Drivers and Restraints

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Regional analysis for the NDT Equipment Market includes

• North America Market
  • U.S.
  • Canada
• Latin America Market
  • Mexico
  • Brazil
  • Rest of Latin America
• Western Europe Market
  • Germany
  • France
  • U.K.
  • Spain
  • Italy
  • BENELUX
  • Rest of Western Europe
• Eastern Europe NDT Equipment Market
  • Poland
  • Russia
  • Rest of Eastern Europe
• SEA & Others of APAC NDT Equipment Market
  • Australia and New Zealand
  • India
  • ASEAN
  • Rest of SEA & Others of APAC
• Japan Market
• China Market
• Middle East and Africa Market
  • GCC Countries
  • Northern Africa
  • South Africa
  • Turkey
  • Rest of MEA

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

NDT Equipment Market: Segmentation

The NDT equipment market can be segmented on the basis of technology, end user, and region.

Segmentation of the NDT Equipment market on the basis of technology:

• Magnetic Particle Testing
• Ultrasonic Testing
• Visual Inspection
• Liquid Penetrant Testing
• Eddy Current
• Radiography Testing

Segmentation of the NDT Equipment market on the basis of end user:

• Construction
• Oil & Gas
• Power & Energy
• Automotive & Transportation
• Aerospace & Defense
• Infrastructure

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics of the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and product offerings
• Potential and niche segments/regions exhibiting promising growth
• A neutral perspective towards market performance
• Must-have information for market players to sustain and enhance their market footprint

Biaxial Oriented Polypropylene (BOPP) is poly film that can be stretched in both directions, owing to which it offers premium durability. This poly film is laminated into woven polypropylene fabric and converted into a bag. BOPP bags are water resistant and can have high resolution graphics printed on them. Moreover, BOPP bags perform extremely well with paper bag filling equipment. The popularity of BOPP bags is rising in the market as they are cost effective and 100% recyclable, which makes them environment friendly. BOPP bags offer high aesthetic value that adds an extra promotional feature to the products packaged in them. These bags can be stacked easily and have high tensile strength and barrier properties. BOPP bags primarily find applications in the packaging of cereal & pulses, pet food, grass seed, animal nutrition, fertilisers, etc.

Excellent Printable Quality & Cost-Effectiveness Fuelling the Global Demand for BOPP Bags

In the past few years, brand awareness has become an important aspect in the packaging industry. Nowadays, manufacturers are looking for products that offer high printable quality, and this is fulfilled by BOPP bags. Furthermore, BOPP bags provide high aesthetic value that enhances the brand awareness. With increased population, the demand for agricultural products is increasing, which is boosting the demand for BOPP bags.

Moreover, the rising awareness about animal nutrition and pet food packaging is propelling the demand of BOPP bags. BOPP bags are preferred over other packaging as they are more cost-efficient as compared to other packaging types. BOPP provides dimensional stability, excellent water resistance properties and high-impact graphics that improve marketability. BOPP bags also have anti-skid features, thus driving the market. The recyclability & durability offered by BOPP bags is significantly driving the demand for BOPP bags.

However, the high cost of raw material, which is more than 60% of the operating cost, is discouraging manufacturers from opting for BOPP bags, and this is hampering the growth of the global BOPP bags market.

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Asia Pacific to Register High Sales in the Global Bopp Bags Market

Geographically, the BOPP bags market can be segmented into Europe, North America, Asia Pacific, Latin America and Middle East & Africa (MEA) regions. The BOPP bags market in the developed countries, such as the U.S., Germany, Italy and other regions in Europe & North America, is expected to witness stagnant growth due to the subdued demand from food & agro-based industries. On the other hand, there is high potential for the growth of the BOPP bags market in developing countries, such as China & India, owing to the increased consumption of agricultural produce and the rapid growth of the chemical industries. Therefore, the Asia Pacific BOPP bags market is expected to register a healthy CAGR during the forecast period.

Global BOPP Bags Market: Key Manufacturers

Some of the players in the global BOPP bags market are:

• Berry Global Inc.
• United Bags Inc.
• Indra Industries Ltd.
• Umasree Texplast
• LC Packaging
• Abdos Polymers Ltd.
• Manyan Inc.
• Aangan Agrotech Exports Limited.
• Cosmo Films Ltd.
• Hanoi Plastic Bag JSC

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Recent Developments in the BOPP Bags Market

• United Bags Inc. has introduced BOPP bags with matte as well as glossy finishes. The company also offers vibrant and vivid-coloured BOPP bags that provide a new level of high graphic beauty
• LC Packaging is expanding its manufacturing capabilities to provide high-capacity BOPP bags ranging from 10 to 100 kg
• Manyan Inc. introduced BOPP bags of several styles, which include Gusset, Back seam and Pillow style bags. These bags also have features such as micro-perforations for breathability & UV light resistance.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain of the global BOPP bags market. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with attractiveness as per segments. The report also maps the qualitative impact of various factors on BOPP bags market segments and geographies.

Global BOPP Bags Market: Segmentation

On the basis of end use, the global BOPP bags market can be segmented as:

• Food & Beverage
• Fertilizers & Chemical
• Agricultural
• Pharmaceutical
• Others

On the basis of sales channel, the global BOPP bags market can be segmented as:

• Supermarkets
• Convenience Stores
• Hypermarkets

 

A Lab Centrifuges is a piece of laboratory equipment, which is used to separate liquid sample through spin it with high speed. Lab centrifuges using sedimentation technique to separate the liquid sample by the application of the centripetal acceleration. Moreover, lab centrifuges separating the particles according to their density, shape, size, viscosity of medium, and rotor speed. Lab centrifuges utilizes density difference between the macromolecules of particles and the medium in which these are dispersed.

Lab centrifuges can be used for cell culture separation, DNA/RNA sample separation, Blood sample separation, and for other purposes such as research or study of polymer, virus, and proteins. Additionally, lab centrifuges is also used for new drug development in the pharmaceutical industry, specimen separation, and examine or analysis of different particles. Moreover, lab centrifuges performed various types of centrifugation such as Differential, Isopycnic, and Sucrose gradient. Differential centrifugation is used to separate certain organelles from the whole cells to analysis specific parts of the cells, Isopycnic centrifugation is used to isolate nucleic acids, and Sucrose gradient centrifugation is used to purify the enveloped ribosomes and viruses, and also used to separate organelles of cells from crude cellular extraction.

Furthermore, lab centrifuges are categorized on the basis of operation speed such as low speed (up-to 8,000 rpm), Medium (8,000-30,000 rpm), high (30,000-80,000 rpm), and ultracentrifuges (above 80,000 rpm).

Lab Centrifuges Market: Dynamics

Some of the key factors that drive the lab centrifuges market such as rise in prevalence and incidence of diseases, new drug development in the drugs industry, technological advancements in the healthcare industry, increase in research activities in the field of science& biotechnology. Moreover, increase public & private healthcare investments, and growth in the adoption of automation technology in the hematology. All such factors are projected to boost the demand of the lab centrifuges in global market during the forecast period.

However, the Lab Centrifuges are generally require high maintenance, and the extended lifespan results in lower replacement rates and reduced sales of new products. This is anticipated to hinder the growth of lab centrifuges market during the forecast period

Lab Centrifuges Market: Regional Outlook

Globally, the consumption of Lab Centrifuges depends upon the growth of the healthcare and biopharmaceutical industry, and strong investments in research and developments in the field of science and biotechnology. Asia Pacific is estimated to account for a significant share in the Lab Centrifuges market, owing to the strong investments in China, Japan and India towards innovation and automation along with technological enhancements in the pharmaceutical industries and hospitals.

The Lab Centrifuges market in North America and Europe is expected to register substantial growth, owing to large base of diagnostics laboratories and biopharmaceutical industry in these region. Additionally, rapid expansion and increasing number of diagnostics laboratories in these region could boost the demand of the lab centrifuges during the forecast period. Middle East & Africa and Latin America region are estimated to witness of steady growth rate in the lab centrifuges market over the forecast period.

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Lab Centrifuges Market: Market participants

Some of the market participants identified across the value chain of the Lab Centrifuges market are:

• QIAGEN N.V
• NuAire
• Koki Holdings Co., Ltd.
• Sartorius
• Eppendorf AG
• Danaher Corporation
• Thermo Fisher Scientific Inc.
• Sigma Laborzentrifugen GmbH
• HERMLE Labortechnik GmbH
• Neuation
• Bio-Rad Laboratories, Inc.
• Agilent Technologies, Inc.
• MSE Centrifuges
• Beckman Coulter, Inc.
• Kubota Corporation

The research report presents a comprehensive assessment of the Lab Centrifuges market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated Lab Centrifuges market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Lab Centrifuges market segments such as geographies, application, and industry.

The report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Value Chain

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on Lab Centrifuges market segments and geographies.

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Lab Centrifuges Market: Segmentation

The global Lab Centrifuges market can be segmented on the basis of Product type, centrifugation, model, rotor design, application, end-use and region.

On the basis of Product type, the Lab Centrifuges market has been segmented as:

• Micro Centrifuges
• Clinical Centrifuges
• Multi-purpose high-speed centrifuges
• Ultracentrifuges
• Analytical
• Preparative

On the basis of Centrifugation, the Lab Centrifuges market has been segmented as:

• Differential
• Isopycnic
• Sucrose Gradient

On the basis of Model, the Lab Centrifuges market has been segmented as:

• Bench-top
• Floor Standing

On the basis of Rotor Design, the Lab Centrifuges market has been segmented as:

• Swinging Bucket
• Fixed angle
• Vertical rotor

On the basis of application, the Lab Centrifuges market has been segmented as:

• Diagnostic
• Blood Component Separation
• Proteomics
• Microbiology
• Genomics
• Cellomics

On the basis of end-use, the Lab centrifuges market has been segmented as:

• Hospitals
• Research and Academic Institutes
• Biotechnology and Pharmaceutical industries

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current, and projected Lab Centrifuges market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on Lab Centrifuges market performance
• Must-have information for Lab Centrifuges market players to sustain and enhance their market footprint

 

A test rig is a piece of apparatus, or a system, which involves several pieces of equipment that works together. A test rig is specifically designed for the purpose of testing any apparatus. Companies which are manufacturing test rig are offering a wide range of products in electrical testing instruments for multiple purposes. A test rig is also used for safety purposes or testing of products in industries, such as manufacturing and industrial. A test rig provides enhanced productivity and quality. A test rig also plays a primary role in detecting faults and production of electronic equipment. The cost of a test rig is comparatively lower than that of other testing equipment.

A test rig saves the labor time and reduce technical errors. A test rig are powerful tools for measuring the intensity of electricity. Test rig have the ability of conducting tests of variety of electronic instruments, such as high voltage test, impulse winding tests, power analyzer, and many more. Test rig are also useful in laboratories that work with multiple functions, such as for repairing services and workmanships.

Test rigs are being used widely in the manufacturing industry as it play an important role in the industry for multiple purposes before processing. Test rigs are also used for physical characterization of intermediate products during manufacturing and for finished works. Moreover, the growing demand for electrical equipment products is also creating potential growth opportunities for test rig market. In addition, the growing manufacturing industry in Asia Pacific, especially in China, India, and Japan is creating potential opportunities for the growth of test rig market.

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Test rig Market: Drivers and Challenges

Drivers

With increasing digitalization in the laboratories, industrial and manufacturing sectors, the adoption of test rig have started to support the automation trend. Several laboratories and research organizations are using and adopting advanced laboratory system for smooth laboratory processes. Furthermore, the constant innovations in the laboratory equipment and the applications of laboratory equipment are increasing rapidly in different laboratory areas. Today’s laboratories are continually looking for ways for improvement in their productivity and maximize the long-term value of their testing work. The laboratory equipment is now available in the digital and automatic operational mode which are more preferred in the laboratories for maximizing the efficiency of their mixing, testing, shaking, and other laboratory testing processes carried out.

Challenges

The high prices of test rigs is one of the major challenge for the growth of test rig market. Moreover, the technology requires skilled personnel for statistical analyses and for efficient process. On the other hand, research laboratories and organizations need to make heavy investments in order to procure and maintain modern test rig. These are the primary factors, which are acting as a challenges for the Test rig market growth during the assessment period.

Test rig Market: Competition Landscape

Some of the key vendors identified in the test rig market includes Formrite Precision Limited, Dynaspede, Averna, Servo Enterprises, Eltecon Engineering Services, Accurate Test Equipments and Engineers, ETA Technology Private Limited, Technomech, and Mechanica Systems.

Test rig Market: Regional Overview

On the basis of geography, the largest test rig market share is held by North America, owing to the presence of well-developed manufacturing companies with innovative technologies in the region. SEA & Others of APAC and Western Europe are also expected to gain substantial Test rig market shares in the coming years, owing to the rapid adoption of efficient technologies. China is pegged to be the fastest growing test rig market, due to the initiatives being taken by the government of the country and players in the market towards technological advancements.

The test rig markets in Latin America and MEA are also expected to witness high growth rates in the coming period, due to the rise in the adoption of smart electronic devices with inbuilt software, especially in the multiple industries, such as manufacturing and healthcare.

The report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Historical Actual Test rig Market Size, 2013 – 2017
• Market Size & Forecast 2018 to 2028
• Supply & Demand Value Chain for the Test rig Market
• Global Market Current Trends/Issues/Challenges
• Competition & Companies involved in Test rig Market
• Market Solutions Technology
• Value Chain of the Test rig Market
• Global Test rig Market Drivers and Restraints

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Regional analysis for the Test rig Market includes

• North America Market
  • U.S.
  • Canada
• Latin America Market
  • Mexico
  • Brazil
  • Rest of Latin America
• Western Europe Market
  • Germany
  • France
  • U.K.
  • Spain
  • Italy
  • BENELUX
  • Rest of Western Europe
• Eastern Europe Intelligent Power Device Market
  • Poland
  • Russia
  • Rest of Eastern Europe
• SEA & Others of APAC Intelligent Power Device Market
  • Australia and New Zealand
  • India
  • ASEAN
  • Rest of SEA & Others of APAC
• Japan Market
• China Market
• Middle East and Africa Market
  • GCC Countries
  • Northern Africa
  • South Africa
  • Turkey
  • Rest of MEA

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Test rig Market: Segmentation

The Test rig market can be segmented on the basis of operation, product type, vertical and region.

Segmentation of the Test rig market on the basis of operation:

• Hydraulic
• Hydrostatic

Segmentation of the Test rig market on the basis of product type:

• General Purpose Test rig
• Mechanical Test Equipment

Segmentation of the Test rig market on the basis of vertical:

• Manufacturing
• Industrial
• Automotive
• Others

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics of the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and product offerings
• Potential and niche segments/regions exhibiting promising growth
• A neutral perspective towards market performance
• Must-have information for market players to sustain and enhance their market footprint