According to Goldstein Research, global construction material testing equipment market is expected to grow from USD 1.63 billion in 2015at a CAGR of 3.92% over the forecast period 2016-2024.The growing construction industry and smart cities development is propelling the growth of the market. Global construction material testing equipment market segmentation has been carried out on the basis ofequipment type, location and end user.Based on end-users, industrial sector occupied 75% revenue share in 2016. Moreover, introduction of reliable and quality construction material testing equipment that brings big opportunities for local and regional players is increasing the demand for construction material testing equipment for industrial user. Global construction material testing equipment market is driven by North America and Europe, being mature markets, witnessing moderate growth of 10% over the forecast period. Further, MEA accounted for approximately 35% market share of the global market for construction material testing equipment in 2016.

Market Segmentation

On the basis of our in-depth analysis, Global Construction Material Testing Equipment Market can be segmented as follows:
• Based on Equipment Types
o Soil Testing Equipment
o Cement & Concrete Testing Equipment
o Compressive Strength Testing Equipment
o Aggregate Testing Equipment
o Bitumen Testing Equipment
o General Laboratory Testing Equipment

• Based on Location
o On-site testing equipment
o Laboratory testing Equipment

• Based on End User
o Industrial User
o Educational Institute
• By Region
o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}


“Global Construction Material Testing Equipment Market Outlook 2024”contains detailed overview of the global construction material testing equipment market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by equipment type, by location and by end user.
Further, for the in-depth analysis, Global Construction Material Testing Equipment Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such asAimil Ltd., Humboldt Mfg., Matest, ELE International, CONTROLS Group, Myers Associates, Inc., EIE Instruments Private Ltd., Applied Test Systems, Illinois Tool Works, NL SCIENTIFIC INSTRUMENTS, Papworths Construction Testing Equipment, Shimadzu Corporation, Tinius Olsen Testing Machine Company, Zwick Roell, GlobalGilson, CMT Equipment, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global construction material testing equipment market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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