Calibration Equipment & Services

Global test benches market to reach $1.76bn by 2028

Test benches conduct an assembly line testing and calibration of various equipment across segments

The global test benches market, which is witnessing significant growth from the past years, is expected to reach $1.76 billion by 2028 from $1.2 billion in 2020, growing at a CAGR of 4.9 per cent during the forecast period 2021-2028, forecasts a new report by Fior Markets.

Test benches conduct an assembly line testing and calibration of various equipment such as electric circuit boards, semiconductors, electrical devices across different segments. For testing of sensors, PC- based test benches are designed with fully automated instruments. Testing benches renders the required environment and conditions to test the various components during the manufacturing and development stage so as to ensure the produced final equipments or the components that are used in further assembling.

Test benches are used for testing and inspecting the components physically prior to getting assembled. These test benches helps to conduct the quality checks. By testing samples test benches ensures consistency of defined parameters. Companies invest in installation of test benches in order to provide quality products to the end-users. Test benches help the manufacturers to tailor products before installing them and are adopted in various industrial applications such as automotive and transportation, industrial manufacturing and engineering and many more.

Motorised stands enable to measure at uniform speed and angle

Motorised stands enable to measure at uniform speed and angle

The global test benches market is expected to witness significant growth, owing to existence of audit and stringent quality regulations, increasing requirement for automation of factory across the globe, increasing adoption in order to fulfil customers demand and provide quality products according to the quality standards, recent innovations in automotive industry such as electric vehicles and autonomous cars.

Growing demand in oil and gas segment, anticipated growth for electricity, product innovations, and surging demand for electric vehicles in automobile industries coupled with the growth of electronics and semi-conductor industries contributes to the market growth. Test benches helps to improve the process capacity and lowers the product rejections, ensures reduced emissions and better energy efficiency and supports manufacturing innovations.

Test benches ensure that the automobiles are properly calibrated and tested and helps to accelerate the advanced cycle, cost-efficiency and enhance productivity. These help the manufacturers to increase the life span of product, enhance quality. Testing and re-testing of products during R&D stage and delivery stage helps in reducing the problems associated with the product quality. The increasing demand for effective testing solutions which helps in measuring the effectiveness of components is anticipated to propel the market growth. Ever changing combustion engine charges restrains the market growth. Surging demand for the test benches will provide market growth opportunities.

Key players operating in global test benches market include Mark-10 Corporation (US), Ametek Sensors, Test and Calibration (US), Robert Bosch (Germany), IAG Industries Automatisierungsgesellschaft, Blum Novotest (Germany), FuelCon (Germany), Nidec Industrial Solutions (Italy), MCD Elektronik (Germany), ATEQ (US), Atlas Copco, VTB Valve Test Bench Mfg, Selha Group, ETH-messtechnik, Opal-RT Technologies, JM Test Systems, RVS, Liedtke Antriebstecnik, General Electric, Atlas Material Testing Technology, Telide Shenzhen High Pressure Fluid Systems, Taian Nantai Experimental Equipment, Com-Ten Industries, ABL Automazione, EFCO Maschinenbau, Andiliog Technologies, Flow Systems, Haida Equipment, Greenlight Innovation, Haven Automation, Kern and Sohn, Mecmesin, Imada, Think PC Progetti, Santam, Revalve, Universal Punch, Topas.

 

Valve segment dominates

Based on type, the global test benches market is segmented into valve, force, torque and others. Valve segment dominated the market and held the largest market share of 39.18 per cent in the year 2020. This growth is attributed to the rising adoption of valve test benches by oil and gas industry to regulate the flow rate of fluid in pipelines and many more industries.

Further, valve segment also held the largest market share of 39.46 per cent in the year 2020 when based on test material. On the basis of test material, the global test benches market is segmented into valve, furniture, motors and others. This growth is attributed to its utilisation in manufacturing operations and industrial processes. Safety valves and industrial valves enable the safe operations of the processes and acts as important elements in process control.

 

Hardware has major share

Based on component, the global test benches market is segmented into hardware and software. Hardware segment dominated the market and held the largest market share of 57.23 per cent in the year 2020. Hardware components consist of benches and a stimulus generator which is connected to the device under test so as to generate a set of synchronised waveforms. This growth is attributed to the increasing innovations in various industrial appliances.

 

Automotives leAd

Based on application, the global test benches market is segmented into automotive and transportation, semiconductor and electronics, power generation and utilities, industrial manufacturing and engineering, oil and gas. Automotive and transportation segment dominated the market and held the largest market share of 26.13 per cent in the year 2020.

 

Motorised Stands gain

On the basis of test stands, the global test benches market is segmented into motorised stands and manual stands. Motorised stands segment dominated the market and held the largest market share of 62.88 per cent in the year 2020. This growth is attributed to its availability in low, standard and high speeds and suitability for production floor operations. These enables to measure at uniform speed and angle.

 

Regional segment

On the basis of geography, the global test material market is classified into North America, Europe, Asia-Pacific, Middle East and Africa, and South America. Asia-Pacific region held the largest market share of 31.2 per cent in the year 2020 owing to the increased production of automobiles and electronic devices. This growth is ascertained by the China in the Asia-Pacific region as it is the largest producer of vehicles, semiconductors and power generation. The market in Europe is expected to witness the fastest growth rate owing to the presence of large number of manufacturers of test benches. Germany is said to be the hub for manufacturing of test benches.