Composites Testing market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Composites Testing market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.
The high penetration of composites in various applications such as aerospace & defense, transportation, wind energy, building & construction, sporting goods, electrical & electronics and Others is driving the demand for composites testing. Different types of composites used in these applications have to comply with stringent composites testing standards, as well as manufacturers’ proprietary testing standards at every step in the supply chain of composite manufacturing.
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Market Analysis and Insights: Global Composites Testing Market
The global Composites Testing market size is projected to reach US$ 2072.2 million by 2027, from US$ 1576.2 million in 2020, at a CAGR of 3.9% during 2021-2027.
The aerospace & defense applications led the composites testing market owing to the high demand for composites testing services from advanced commercial aircraft. Advanced commercial aircraft have a significant percentage of composites in their airframe structures. The composites used in airframe structures therefore require different testing methods to ensure their safety and performance.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Composites Testing market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Composites Testing market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Composites Testing market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Composites Testing market.
Segment by Type
- Continuous Fiber Composites
- Discontinuous Fiber Composites
- Polymer Matrix Composites
- Ceramic Matrix Composites
Segment by Application
- Aerospace & Defense
- Wind Energy
- Building & Construction
- Sporting Goods
- Electricals & Electronics
- North America
- Rest of Europe
- South Korea
- Southeast Asia
- Rest of Asia
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- Rest of MEA
- Exova Group PLC.
- Intertek Group PLC.
- Henkel AG & Co. KGaA
- Instron Corporation
- Mistras Group
- Element Materials Technology
- Westmoreland Mechanical Testing and Research
- Matrix Composites
- ETIM Composites
- Composites Testing Laboratory Ltd.
1. Analyzing the outlook of the market with the recent trends and SWOT analysis
2. Market dynamics scenario, along with growth opportunities of the market in the years to come
3. Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
4. Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.
5. Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
6. Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
7. Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
8. Analyst support, along with the data support in excel format.
Table of content
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Composites Testing Market Size Growth Rate by Type: 2016 VS 2021 VS 2027
1.2.2 Continuous Fiber Composites
1.2.3 Discontinuous Fiber Composites
1.2.4 Polymer Matrix Composites
1.2.5 Ceramic Matrix Composites
1.3 Market by Application
1.3.1 Global Composites Testing Market Share by Application: 2016 VS 2021 VS 2027
1.3.2 Aerospace & Defense
1.3.4 Wind Energy
1.3.5 Building & Construction
1.3.6 Sporting Goods
1.3.7 Electricals & Electronics
1.4 Study Objectives
1.5 Years Considered
2 Global Growth Trends
2.1 Global Composites Testing Market Perspective (2016-2027)
2.2 Composites Testing Growth Trends by Regions
2.2.1 Composites Testing Market Size by Regions: 2016 VS 2021 VS 2027
2.2.2 Composites Testing Historic Market Share by Regions (2016-2021)
2.2.3 Composites Testing Forecasted Market Size by Regions (2022-2027)
2.3 Composites Testing Industry Dynamic
2.3.1 Composites Testing Market Trends
2.3.2 Composites Testing Market Drivers
2.3.3 Composites Testing Market Challenges
2.3.4 Composites Testing Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Composites Testing Players by Revenue
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