As construction material testing equipment is an integral part of construction projects, their demand is likely to remain steady in the construction sector. The study finds that demand for construction material testing equipment market is likely to remain higher in on-site locations – in 2018, 5 in 10 construction material testing equipment were sold in on-site location projects.
Construction material testing equipment sales surpassed 1 million units in 2018, equaling a market value worth US$ 2.5 billion. A new study by FMI projects revenues to grow at 4.9% y-o-y in 2019. The overall growth of the construction material testing equipment market can be attributed to,
Continuous growth in the infrastructure sector is significantly driving the global construction material testing equipment market. Construction material testing equipment is used to perform the testing of structural material and components that are used for construction. Construction material testing equipment covers the testing of shallow and deep foundations, earthwork, wood construction, destructive concrete testing, non-destructive concrete testing, structural steel, structural masonry, asphalt pavement evaluation, and others.
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Engineers analyze the properties of these material during the design process of any new construction, using construction material testing equipment. When bases, highways, railway tracks, dams, and others are constructed, it is important to check the properties of material used for construction for compatibility with construction material testing equipment. During the design stage of construction, engineers test and analyze each material or component used for construction using construction material testing equipment.
Soil testing and concrete testing are important tests that are performed during construction using construction material testing equipment. Soil plays a key role in civil engineering. Construction material testing equipment used for soil testing provides data of the soil mechanics and the compatibility of the soil with silt, rock, sand, clay, etc. Various standards play a key role in the construction material testing equipment market.
Rapid urbanization in developing countries such as India, Brazil, Mexico, China, and others are significantly creating huge demand for construction material testing equipment. For instance, in May 2018, President of CBIC (Brazilian Chamber of the Construction Industry) stated that, the construction market is experiencing decent recovery in Brazil with the strengthening GDP. These developments are expected to drive the global construction material testing equipment market significantly.
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Key Segment
On the basis of location
- on-site
- R&D laboratories
- educational institutes
On the basis of application
- residential
- commercial
- transport
- other applications
On the basis of product type
- soil testing equipment
- aggregate testing equipment
- concrete testing equipment
- others
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Table Of Content
1. Global Construction Material Testing Equipment Market – Executive Summary
2. Global Construction Material Testing Equipment Market Overview
3. Global Construction Material Testing Equipment Market Analysis and Forecast 2013-2027
4. North America Construction Material Testing Equipment Market Size and Forecast, 2013-2027
5. Latin America Construction Material Testing Equipment Market Size and Forecast, 2013-2027
6. Europe Construction Material Testing Equipment Market Size and Forecast, 2013-2027
7. Japan Construction Material Testing Equipment Market Size and Forecast, 2013-2027
8. APEJ Construction Material Testing Equipment Market Size and Forecast, 2013-2027
9. MEA Construction Material Testing Equipment Market Size and Forecast, 2013-2027
10. Global Construction Material Testing Equipment Market Company Share, Competition Landscape and Company Profiles
11. Research Methodology
12. Secondary and Primary Sources
13. Assumptions and Acronyms
14. Disclaimer
The post Construction Material Testing Equipment Market 2019 Key Players, SWOT Analysis, Key Indicators and Forecast to 2027 appeared first on Industry News Analsis.
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