Global Test Bench Market 2023-2027

Description

List of Tables

The test bench market is forecasted to grow by USD 307.42 mn during 2022-2027, accelerating at a CAGR of 4.25% during the forecast period. The report on the test bench market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high demand for semiconductors, robust demand from the automotive industry, and mergers and acquisitions (M&A) among players.

Technavio's test bench market is segmented as below:

By Application

Automotive and transportation
Semiconductor and electronics
Industrial manufacturing and engineering
Oil and gas
Others

By Component

Hardware
Software

By Geography

APAC
Europe
North America
Middle East and Africa
South America

This study identifies the Industry 4.0 integration boosting market growth as one of the prime reasons driving the test bench market growth during the next few years. Also, increasing demand for real-time data collection and analysis and complexity of product will lead to sizable demand in the market.

The report on the test bench market covers the following areas:

Test bench market sizing
Test bench market forecast
Test bench market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading test bench market vendors that include AiSoar Hydraulic, EFCO mechanical engineering GmbH, Eiffage, Guangzhou GENY Electric Co. Ltd., Ingersoll Rand Inc., JM Test Systems LLC, Kanwal Enterprises, Merchant Hydraulic, Micro Epsilon Messtechnik GmbH and Co. KG, Nagman Instruments and Electronics Pvt. Ltd., Nidec Corp., Ningbo Water Meter Group Co. Ltd., NSM Solutions, POMA SYSTEMS GMBH, Precocity Automation Systems, Primon Automazioni Srl, Robert Bosch GmbH, Stephen Balaram Engineering Pvt. Ltd., Walter Stauffenberg GmbH and Co. KG, and ZF Friedrichshafen AG. Also, the test bench market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR76158

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Component
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global test bench market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global test bench market 2017 - 2021 ($ million)
4.2 Application Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Application Segment 2017 - 2021 ($ million)
4.3 Component Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Component Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

6.1 Market segments
Exhibit 30: Chart on Application - Market share 2022-2027 (%)
Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Automotive and transportation - Market size and forecast 2022-2027
Exhibit 34: Chart on Automotive and transportation - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Automotive and transportation - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Automotive and transportation - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Automotive and transportation - Year-over-year growth 2022-2027 (%)
6.4 Semiconductor and electronics - Market size and forecast 2022-2027
Exhibit 38: Chart on Semiconductor and electronics - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Semiconductor and electronics - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Semiconductor and electronics - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Semiconductor and electronics - Year-over-year growth 2022-2027 (%)
6.5 Industrial manufacturing and engineering - Market size and forecast 2022-2027
Exhibit 42: Chart on Industrial manufacturing and engineering - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on Industrial manufacturing and engineering - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on Industrial manufacturing and engineering - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Industrial manufacturing and engineering - Year-over-year growth 2022-2027 (%)
6.6 Oil and gas - Market size and forecast 2022-2027
Exhibit 46: Chart on Oil and gas - Market size and forecast 2022-2027 ($ million)
Exhibit 47: Data Table on Oil and gas - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Chart on Oil and gas - Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on Oil and gas - Year-over-year growth 2022-2027 (%)
6.7 Others - Market size and forecast 2022-2027
Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.8 Market opportunity by Application
Exhibit 54: Market opportunity by Application ($ million)
Exhibit 55: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Component

7.1 Market segments
Exhibit 56: Chart on Component - Market share 2022-2027 (%)
Exhibit 57: Data Table on Component - Market share 2022-2027 (%)
7.2 Comparison by Component
Exhibit 58: Chart on Comparison by Component
Exhibit 59: Data Table on Comparison by Component
7.3 Hardware - Market size and forecast 2022-2027
Exhibit 60: Chart on Hardware - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Data Table on Hardware - Market size and forecast 2022-2027 ($ million)
Exhibit 62: Chart on Hardware - Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Hardware - Year-over-year growth 2022-2027 (%)
7.4 Software - Market size and forecast 2022-2027
Exhibit 64: Chart on Software - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Data Table on Software - Market size and forecast 2022-2027 ($ million)
Exhibit 66: Chart on Software - Year-over-year growth 2022-2027 (%)
Exhibit 67: Data Table on Software - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Component
Exhibit 68: Market opportunity by Component ($ million)
Exhibit 69: Data Table on Market opportunity by Component ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 71: Chart on Market share by geography 2022-2027 (%)
Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 73: Chart on Geographic comparison
Exhibit 74: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 North America - Market size and forecast 2022-2027
Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 China - Market size and forecast 2022-2027
Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
9.9 US - Market size and forecast 2022-2027
Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)
9.10 Germany - Market size and forecast 2022-2027
Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.11 Japan - Market size and forecast 2022-2027
Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.12 UK - Market size and forecast 2022-2027
Exhibit 111: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 112: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 113: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 114: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 115: Market opportunity by geography ($ million)
Exhibit 116: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 117: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 119: Overview on factors of disruption
11.4 Industry risks
Exhibit 120: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 121: Vendors covered
12.2 Market positioning of vendors
Exhibit 122: Matrix on vendor position and classification
12.3 AiSoar Hydraulic
Exhibit 123: AiSoar Hydraulic - Overview
Exhibit 124: AiSoar Hydraulic - Product / Service
Exhibit 125: AiSoar Hydraulic - Key offerings
12.4 EFCO mechanical engineering GmbH
Exhibit 126: EFCO mechanical engineering GmbH - Overview
Exhibit 127: EFCO mechanical engineering GmbH - Product / Service
Exhibit 128: EFCO mechanical engineering GmbH - Key offerings
12.5 Eiffage
Exhibit 129: Eiffage - Overview
Exhibit 130: Eiffage - Product / Service
Exhibit 131: Eiffage - Key offerings
12.6 Guangzhou GENY Electric Co. Ltd.
Exhibit 132: Guangzhou GENY Electric Co. Ltd. - Overview
Exhibit 133: Guangzhou GENY Electric Co. Ltd. - Product / Service
Exhibit 134: Guangzhou GENY Electric Co. Ltd. - Key offerings
12.7 Ingersoll Rand Inc.
Exhibit 135: Ingersoll Rand Inc. - Overview
Exhibit 136: Ingersoll Rand Inc. - Business segments
Exhibit 137: Ingersoll Rand Inc. - Key offerings
Exhibit 138: Ingersoll Rand Inc. - Segment focus
12.8 JM Test Systems LLC
Exhibit 139: JM Test Systems LLC - Overview
Exhibit 140: JM Test Systems LLC - Product / Service
Exhibit 141: JM Test Systems LLC - Key offerings
12.9 Kanwal Enterprises
Exhibit 142: Kanwal Enterprises - Overview
Exhibit 143: Kanwal Enterprises - Product / Service
Exhibit 144: Kanwal Enterprises - Key offerings
12.10 Merchant Hydraulic
Exhibit 145: Merchant Hydraulic - Overview
Exhibit 146: Merchant Hydraulic - Product / Service
Exhibit 147: Merchant Hydraulic - Key offerings
12.11 Nidec Corp.
Exhibit 148: Nidec Corp. - Overview
Exhibit 149: Nidec Corp. - Business segments
Exhibit 150: Nidec Corp. - Key news
Exhibit 151: Nidec Corp. - Key offerings
Exhibit 152: Nidec Corp. - Segment focus
12.12 Ningbo Water Meter Group Co. Ltd.
Exhibit 153: Ningbo Water Meter Group Co. Ltd. - Overview
Exhibit 154: Ningbo Water Meter Group Co. Ltd. - Product / Service
Exhibit 155: Ningbo Water Meter Group Co. Ltd. - Key offerings
12.13 NSM Solutions
Exhibit 156: NSM Solutions - Overview
Exhibit 157: NSM Solutions - Product / Service
Exhibit 158: NSM Solutions - Key offerings
12.14 POMA SYSTEMS GMBH
Exhibit 159: POMA SYSTEMS GMBH - Overview
Exhibit 160: POMA SYSTEMS GMBH - Product / Service
Exhibit 161: POMA SYSTEMS GMBH - Key offerings
12.15 Primon Automazioni Srl
Exhibit 162: Primon Automazioni Srl - Overview
Exhibit 163: Primon Automazioni Srl - Product / Service
Exhibit 164: Primon Automazioni Srl - Key offerings
12.16 Robert Bosch GmbH
Exhibit 165: Robert Bosch GmbH - Overview
Exhibit 166: Robert Bosch GmbH - Business segments
Exhibit 167: Robert Bosch GmbH - Key news
Exhibit 168: Robert Bosch GmbH - Key offerings
Exhibit 169: Robert Bosch GmbH - Segment focus
12.17 Walter Stauffenberg GmbH and Co. KG
Exhibit 170: Walter Stauffenberg GmbH and Co. KG - Overview
Exhibit 171: Walter Stauffenberg GmbH and Co. KG - Product / Service
Exhibit 172: Walter Stauffenberg GmbH and Co. KG - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 173: Inclusions checklist
Exhibit 174: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 175: Currency conversion rates for US$
13.4 Research methodology
Exhibit 176: Research methodology
Exhibit 177: Validation techniques employed for market sizing
Exhibit 178: Information sources
13.5 List of abbreviations
Exhibit 179: List of abbreviations