PUBLISHER: QYResearch | PRODUCT CODE: 1128900
PUBLISHER: QYResearch | PRODUCT CODE: 1128900
Due to the COVID-19 pandemic, the Europe Universal Testing Machine market size is estimated to be worth US$ 89.65 million in 2022 and is forecast to a readjusted size of US$ 107.40 million by 2028 with a CAGR of 3.06% during the review period. Fully considering the economic change by this health crisis, Electromechanical UTM accounting for 65.76% of the Universal Testing Machine Europe market in 2021, is projected to value US$ 70.46 million by 2028, growing at a revised 2.99% CAGR in the post-COVID-19 period. While Automobile Manufacturing segment is altered to a 3.23% CAGR throughout this forecast period.
In Europe, the key manufacturers of Universal Testing Machine include Illinois Tool Work, ZwickRoell, GALDABINI, Hegewald & Peschke, FORM+TEST, 3R and Walter+Bai AG etc. In 2021, the Europe top five players have a share approximately 63.98% in terms of revenue.
Universal Testing Machine market is segmented by Type, and by Application. Players, stakeholders, and other participants in the Europe Universal Testing Machine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type, and by Application for the period 2017-2028.