Global Automotive Torsion Test Bench Market 2017-2021
- Published: Sep 2017
- Pages: 66
- SKU: IRTNTR13971
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This industry research report identifies DYNA-MESS, IABG, Illinois Tool Works, TestResources, and Zwick Roell as the key vendors in the global automotive torsion test bench market. This industry research report also presents a comprehensive analysis of the market by geographic regions such as the Americas, APAC, and EMEA.
Overview of the global automotive torsion test bench market
Technavio’s market study identifies the growth of manufacturing plants and the expansion of the existing units in emerging countries to be the primary factors for the growth of the automotive torsion test bench market. Torsion test benches are primarily used by manufacturing plants and R&D teams during sample components and automotive parts testing, and development testing. In addition to new R&D centers, several large automotive vendors are also setting up new manufacturing plants and are expanding their existing plants. Mitsubishi Motors has already announced its investment in a new manufacturing unit in India. Similarly, Maruti has also announced an investment of almost USD 3 billion towards the expansion of its R&D center in India. Such investments will subsequently influence the demand for torsion test benches, fueling market growth. Our market research analysts estimate that this market will generate a revenue of almost USD 7 million by 2021.
The growing adoption of lightweight automotive parts is identified to be one of the key trends that will gain traction in the automotive torsion test bench market during the next four years. Owing to the increasing need to reduce the weight and improve the performance of the vehicles, automotive parts are made using new lightweight materials such as carbon fiber, honeycomb material, and processed steel. Carbon steel and aluminum are primarily used since they can be processed and used in various combinations for improved performance. This combination offers several benefits such as reduced weight and complexity, advanced stiffness, and improved crash performance, that are measured by testing machines.
Competitive landscape and key vendors
The automotive torsion test bench market is moderately competitive due to the presence of several companies that cater primarily to the demand from biomedical, automotive, and construction industries. Rapid technological advancements and the change in raw materials used influence the vendors to improve and upgrade their products to develop machines that give accurate results. Additionally, sway bar manufacturers are also focusing extensively on developing simulation software for testing that gives accurate results.
The leading vendors in the market are
- Illinois Tool Works
- Zwick Roell
The other prominent vendors in the market are ADMET, ALFING, Hegewald & Peschke, Krystal Elmec, Link Engineering, and Xcite Systems.
Geographical segmentation and analysis of the automotive torsion test bench market
EMEA consists of a large number of automotive manufacturing units and R&D centers that integrated advanced technologies and new materials in the automotive parts, contributing towards the growth of the torsion testing machine market. Additionally, the rising need to reduce the curb weight will influence the need for processing and testing metals.
Growth drivers, challenges, and upcoming trends: Advanced torsion testing methods
Upcoming trends such as the development of advanced torsion testing methods are gaining traction as the demand for torsion testing machines is expanding across various industries and the integration of torsion testing machines with advancements and testing software. Additionally, the companies are also developing separate testing machines for measuring integral components that require high accuracy.
This report provides a number of factors contributing to the adoption, limitations, and opportunities of the automotive torsion test bench market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global automotive torsion test bench market?
- What are the key market trends impacting the growth of the global automotive torsion test bench market?
- What are the challenges to market growth?
- Who are the key vendors in the global automotive torsion test bench market?
- What are the market opportunities and threats faced by the vendors in the global automotive torsion test bench market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global automotive torsion test bench market?
Technavio also offers customization on reports based on specific client requirement.
Torsion test are conducted to measure how a sample behaves when twisted or under torsional forces by measuring values such as elasticity, yield shear strength, ductility, torsional fatigue life, and modulus of rupture in shear. The upcoming report on global automotive torsion test bench market is an essential component of the automotive industry. Our market research reports for the automotive services sector comprise of an in-depth analysis of a wide range of business assessment parameters such as market size, technological advancements, prominent vendors, and key insights.
By implementing an extensive research approach of quantitative and qualitative data collection methods and examining the demand-supply shifts, this upcoming report on the global automotive torsion test bench market offers insights into the key market drivers, trends, competitive landscape, and challenging factors that have to be overcome in this market. The report also helps the client achieve their business objectives by serving as an essential business input tool which accurately forecasts the growth potential of the market.
To offer clients the scope to identify potential market opportunities and expand in niche markets, this report also covers geographies such as the Americas, APAC, and EMEA. This upcoming market research report on the global automotive torsion test bench market also covers vendors like Illinois Tool Works, Zwick Roell Group, ANDILOG TECHNOLOGIES, TestResources, ADMET, Inc., DYNA-MESS, Hegewald & Peschke, IMA Buscher GmbH, and Deltalab. Our analysts have also observed that several governments are pushing OEMs to implement stringent safety measures to improve the quality and safety aspects of the vehicle.
The upcoming industry research report on the global automotive torsion test bench also accurately maps the total market size, growth rate, technological advancements, as well as the constraints that the agrochemicals and fertilizers sector currently experiences. Technavio also provides deep-dive market assessments into the sectors such as automotive components and auto accessories.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
- Market outline
- Market overview
- Market size and forecast
- Five forces analysis
PART 05: Geographical segmentation
- Automotive torsion test bench market in EMEA
- Automotive torsion test bench market in APAC
- Automotive torsion test bench market in Americas
PART 06: Decision framework
PART 07: Drivers and challenges
- Market drivers
- Market challenges
PART 08: Market trends
- New materials for automotive parts demand physical test
- Advanced torsion testing methods for increasing testing accuracy
- Growing trend of lightweighting automotive parts
PART 09: Vendor landscape
- Competitive benchmarking
- Other prominent vendors
PART 10: Key vendor analysis
- Illinois Tool Works
- Zwick Roell
PART 11: Appendix
- List of abbreviations
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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