Brinell Hardness Tester Market to Surpass US$ 104.3 Million by 2027 - Coherent Market Insights

Published On : Jul 16, 2019

Global Brinell hardness tester market was valued at US$ 70.0 Mn in 2018, up from US$ 67.5 Mn in 2017. By 2027, the market is projected to reach US$ 104.3 Mn, exhibiting a CAGR of 4.6% over the forecast period (2019–2027), according to Global Brinell Hardness Tester Market Report, By Product Type (Digital Magnetic Brinell Hardness Testers, Hydraulic Brinell Hardness Testers, and Pin Impact Brinell Hardness Testers), By Application (Construction, Metalworking, Electrical, Energy, and Others), and By Region (North America, Europe, Asia Pacific, and Latin America, Middle East, & Africa), published by Coherent Market Insights.

The market is studied across major geographies including North America, Europe, Asia Pacific, and Latin America, the Middle East & Africa. Asia Pacific region held the dominant position in the global Brinell hardness tester market in 2017 and is projected to retain its dominance throughout the forecast period. China, Japan, and India are major growth engines in this region. High presence of Brinell hardness tester providers in the region and growing infrastructure activities in emerging economies are expected to be major factors for growth of the market in the region. The market is expected to exhibit the highest CAGR of 4.9% during the forecast period.

Testing at nano or micro level is considered as a growth opportunity in Brinell hardness testers market. Nano and micro level material testing is more often used in coatings that find applications in several industries such as automotive, ceramic glass, and electronics. This is expected to drive growth of the global Brinell hardness tester market during the forecast period. According to Worldwide Market Reports’ analysis, Brinell hardness testers plays a crucial role in paints and coating industry, as hardness testers are used for checking the layer of paint or film. Furthermore, the use of paints as well as coatings is spread across a wide range of industries from automotive and aerospace to electronics and other manufacturing industries.

Moreover, Brinell hardness testers are also used for measuring hardness of small parts used in automotive industry by using microhardness testing system. For instance, in February 2016, Newage Testing Instruments, an AMETEK Company, introduced the latest addition to its HMV-G family of microhardness testing systems: The semi-automatic HMV-G21. The HMV-G series is designed for measuring the hardness of small parts as well as metallic structures used in precision equipment, processed surface layers, and metal plating layers, which makes it an ideal choice for product quality control and metallographic research

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/brinell-hardness-tester-market-2828

Key Takeaways of the Market:

  • Asia Pacific Brinell hardness tester market generated revenue of US$ 25.88 Mn in 2017. By 2027, the market is projected to reach US$ 40.99 Mn with a CAGR of 4.9% over the forecast period. Emerging economies in Asia Pacific such as ASEAN and India are estimated to be the opportunistic countries with huge market potential during the forecast period. Large scale manufacturing as well as industrial production in China is expected to drive demand for Brinell hardness testers in the country. For instance, as per WMR’s analysis, in 2016, China was the largest market in the global industrial output with contribution of around US$ 4,566 Bn. Moreover, vendors recognize the importance of this region, particularly in India, and are working towards penetrating this market by strengthening their sales and distribution networks. According to Worldwide Market Reports, Asia Pacific region is one of the biggest market for Brinell hardness testers, owing to presence of key players such as Mitutoyo, Zwick Roell Group, FINE Group, Akash Industries, and Struers. Therefore, these factors are expected to aid in growth of the Brinell hardness testers market over the forecast period in the region. Moreover, growing infrastructure development and growing construction industry in emerging economies boost the adoption of hardness testing equipment.
  • Major players operating in the global Brinell hardness tester market include Instron Corporation, LECO Corporation, Buehler International Inc., AMETEK, Inc., Bowers Group, King Tester Corporation, Shenyang Tianxing Testing lnstruments Co., Ltd., Laryee Technology Co, Ltd., Mitutoyo Corporation, Flexbar Machine Corporation, Tinius Olsen Testing Machine Company, Detroit Testing Machine Co., Hardness Testers AFFRI, Foundrax Engineering Products Ltd., and Indentec Hardness Testing Machines Limited.

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