- January 18, 2021
- Category: Industrial Manufacturing and Equipment, Other Industry Reports
Global Test Benches Market Size study, by Component (Hardware and Software), by Type (Valve Test Benches, Force Test Bench, Torque Test Bench and Others), by Test Stands (Manual test stands and Motorized test stands), by Test Material (Valve, Motors, Furniture and Others), by Application (Semiconductor and Electronics, Industrial Manufacturing and Engineering, Automotive and Transportation, Power Generation and Utilities, Oil and Gas and Others), and Regional Forecasts 2021-2027
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion) 1.2.1. Test Benches Market , by Region, 2019-2027 (USD Billion) 1.2.2. Test Benches Market , by Component, 2019-2027 (USD Billion) 1.2.3. Test Benches Market , by Type , 2019-2027 (USD Billion) 1.2.4. Test Benches Market , by Test Stands, 2019-2027 (USD Billion) 1.2.5. Test Benches Market , by Test Material , 2019-2027 (USD Billion) 1.2.6. Test Benches Market , by Application , 2019-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Test Benches Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Test Benches Market Dynamics 3.1. Test Benches Market Impact Analysis (2019-2027) 3.1.1. Market Drivers 184.108.40.206. Rising manufacturing of electric vehicles 220.127.116.11. Growth in semiconductor and electronic industry 3.1.2. Market Restraint 18.104.22.168. Inaccuracy observed in manual testing machines 3.1.3. Market Opportunities 22.214.171.124. Technological advancements Chapter 4. Global Test Benches Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Test Benches Market, by Component 5.1. Market Snapshot 5.2. Global Test Benches Market by Component, Performance - Potential Analysis 5.3. Global Test Benches Market Estimates & Forecasts by Component 2018-2027 (USD Billion) 5.4. Test Benches Market , Sub Segment Analysis 5.4.1. Hardware 5.4.2. Software Chapter 6. Global Test Benches Market, by Type a. Market Snapshot 6.1. Global Test Benches Market by Type, Performance - Potential Analysis 6.2. Global Test Benches Market Estimates & Forecasts by Type 2018-2027 (USD Billion) 6.3. Test Benches Market , Sub Segment Analysis 6.3.1. Valve Test Benches 6.3.2. Force Test Bench 6.3.3. Torque Test Bench 6.3.4. Others Chapter 7. Global Test Benches Market, by Test Stands b. Market Snapshot 7.1. Global Test Benches Market by Test Stands, Performance - Potential Analysis 7.2. Global Test Benches Market Estimates & Forecasts by Test Stands 2018-2027 (USD Billion) 7.3. Test Benches Market , Sub Segment Analysis 7.3.1. Manual test stands 7.3.2. Motorized test stands Chapter 8. Global Test Benches Market, by Test Material 8.1. Market Snapshot 8.2. Global Test Benches Market by Component, Performance - Potential Analysis 8.3. Global Test Benches Market Estimates & Forecasts by Test Material 2018-2027 (USD Billion) 8.4. Test Benches Market , Sub Segment Analysis 8.4.1. Valve 8.4.2. Motors 8.4.3. Furniture 8.4.4. Others Chapter 9. Global Test Benches Market, by Application 9.1. Market Snapshot 9.2. Global Test Benches Market by Component, Performance - Potential Analysis 9.3. Global Test Benches Market Estimates & Forecasts by Application 2018-2027 (USD Billion) 9.4. Test Benches Market , Sub Segment Analysis 9.4.1. Semiconductor and Electronics 9.4.2. Industrial Manufacturing and Engineering 9.4.3. Automotive and Transportation 9.4.4. Power generation and Utilities 9.4.5. Oil and Gas 9.4.6. Others Chapter 10. Global Test Benches Market, Regional Analysis 10.1. Test Benches Market , Regional Market Snapshot 10.2. North America Test Benches Market 10.2.1. U.S. Test Benches Market 10.2.1.1. Component breakdown estimates & forecasts, 2018-2027 10.2.1.2. Type breakdown estimates & forecasts, 2018-2027 10.2.1.3. Test Stands breakdown estimates & forecasts, 2018-2027 10.2.1.4. Test Material breakdown estimates & forecasts, 2018-2027 10.2.1.5. Application breakdown estimates & forecasts, 2018-2027 10.2.2. Canada Test Benches Market 10.3. Europe Test Benches Market Snapshot 10.3.1. U.K. Test Benches Market 10.3.2. Germany Test Benches Market 10.3.3. France Test Benches Market 10.3.4. Spain Test Benches Market 10.3.5. Italy Test Benches Market 10.3.6. Rest of Europe Test Benches Market 10.4. Asia-Pacific Test Benches Market Snapshot 10.4.1. China Test Benches Market 10.4.2. India Test Benches Market 10.4.3. Japan Test Benches Market 10.4.4. Australia Test Benches Market 10.4.5. South Korea Test Benches Market 10.4.6. Rest of Asia Pacific Test Benches Market 10.5. Latin America Test Benches Market Snapshot 10.5.1. Brazil Test Benches Market 10.5.2. Mexico Test Benches Market 10.6. Rest of The World Test Benches Market Chapter 11. Competitive Intelligence 11.1. Top Market Strategies 11.2. Company Profiles 11.2.1. Robert Bosch GmbH 126.96.36.199. Key Information 188.8.131.52. Overview 184.108.40.206. Financial (Subject to Data Availability) 220.127.116.11. Product Summary 18.104.22.168. Recent Developments 11.2.2. Ametek Sensors, Test & Calibration 11.2.3. IAG Industrie Automatisierungsgesellschaft m.b.H. 11.2.4. MCD Elektronik GmbH 11.2.5. Nidec Industrial Solutions 11.2.6. ETH-messtechnik gmbh 11.2.7. Haven Automation Ltd. 11.2.8. dspace GmbH 11.2.9. Imada, Incorporated 11.2.10. Kern & Sohn GmbH Chapter 12. Research Process 12.1. Research Process 12.1.1. Data Mining 12.1.2. Analysis 12.1.3. Market Estimation 12.1.4. Validation 12.1.5. Publishing 12.2. Research Attributes 12.3. Research Assumption
Global Test Benches Market is valued approximately at USD 1.19 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5% over the forecast period 2021-2027. Test benches are supporting equipment used to test device or components before it goes to assembl, manufacturing in related industries. Rising manufacturing of electric vehicles in the automobile industry and new product launch by market players is driving the growth of the market Also, growth of the semi-conductor and electronics industry is boosting the demand for test benches, as it involves testing of parameters such as voltage, continuity, resistance and others of different components. For instance, according to The Semiconductor Industry Association (SIA), worldwide sales of semiconductors reached USD 39 billion for the month of October 2020, witnessed an increase of 6.0 percent compared to the October 2019 total of USD 36.8 billion and 3.1 percent more than the September 2020 total of USD 37.9 billion. Furthermore, technological advancement happening in the sector is expected to grow the market in coming years. However, inaccuracy observed in manual testing machines may hamper the growth during forecast period.
Asia Pacific, North America, Europe, Latin America, and Rest of the World are the regions considered for regional analysis of the global Test Benches. Asia Pacific is the dominating region across the world in terms of market share due to strong automotive and power generation sectors in countries such as India, Japan, China and others. Whereas Europe is anticipated to exhibit the highest CAGR over the forecast period 2021-2027, due to presence of several test bench manufacturers in the region.
Major market player included in this report are:
Robert Bosch GmbH
Ametek Sensors, Test & Calibration
IAG Industrie Automatisierungsgesellschaft m.b.h.
MCD Elektronik GmbH
Nidec Industrial Solutions
Haven Automation Ltd.
Kern & Sohn GmbH
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Valve Test Benches
Force Test Bench
Torque Test Bench
By Test Stands:
Manual test stands
Motorized test stands
By Test Material:
Semiconductor and Electronics
Industrial Manufacturing and Engineering
Automotive and Transportation
Power Generation and Utilities
Oil and Gas
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.
Target Audience of the Global Test Benches Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers