The Global Test Benches Market size is expected to reach $1.6 billion by 2028, rising at a market growth of 4.9% CAGR during the forecast period.
Test benches are supporting equipment that is utilized to physically test a device or component before assembling. In the case of mass production, these are frequently used to check that quality standards are met by testing samples. As a support tool for testing personnel, these benches make sure that products are tested in accordance with predetermined criteria and that the testing procedure is repeatable and consistent with the established quality standards.
In some applications, test benches are used to inspect the component while also assembling it in the final product. Before installing and commissioning their products, test benches assist manufacturers in customizing their offerings to meet specific performance requirements. The performance of such products in the field is also enhanced by the testing benches. It is anticipated that these elements will increase the demand for test benches.
Over the forecast period, the market is anticipated to grow as test benches are increasingly used in a variety of industrial applications, including automotive & transportation, power generation and utilities, semiconductor and electronics, and industrial manufacturing. Test benches aid manufacturers in ensuring product quality, extending product life, and comprehending component limitations.
Product testing during the research & development stage and retesting prior to delivery, aid in reducing the number of issues related to the product's quality. Additionally, testing benches aid in accelerating the cycle of innovation and improving productivity and cost-efficiency. This is predicted to increase demand for the product. Before assembling the circuit boards and other electronic components, manufacturers can test and examine them due to the use of test benches in the electronics industry.
A significant production slowdown resulted from the temporary suspension of manufacturing operations across key manufacturing hubs. As public gatherings and travel are increasingly restricted, people are becoming notably more isolated. The COVID-19 pandemic is having impacted supply chain delays and stock market volatility. It directly affected test bench demand and production, disrupting the market and supply chain. During the pandemic, the use of test benches is halted as several manufacturing facilities closed, which has an adverse effect on the test bench market size.
The use of test benches in manufacturing processes is constantly increasing. Only the most important features and functions are tested when manufacturing and assembly test benches, also referred to as production test benches. The objective is to use quick testing procedures. It aids in confirming a design or model's accuracy or soundness. Testing and control of the manufacturing process is necessary to guarantee high quality.
The trend is toward the development of test apparatus and its application to gauge emission levels legally. The amount of NOx emissions from diesel vehicles that are allowed, has been reduced by ten times due to six laws. Every vehicle is required to abide by emission standards. To determine whether a vehicle complies with industry standards, the vehicle emission test system is used. In addition, a test bench and associated software can aid in determining the level of emissions produced by passenger cars while also increasing fuel efficiency.
The strict regulations are governing gaseous emissions from vehicle exhaust and the growing requirement for routine, periodic technical inspections. Government wants to reduce the harmful environmental effects that light-duty and passenger vehicles cause. OEMs have been forced to test their vehicles effectively to make sure they comply with the many strict emission norms & regulations that have been mandated throughout the world. Different kinds of test benches are needed for contemporary vehicles with hybrid powertrains, such as hybrid cars.
Based on component, the test benches market is segmented into hardware and software. In 2021, the hardware segment dominated the test benches market by generating the maximum revenue share. Hardware is crucial because it is utilized to test various pieces of machinery, instruments, and equipment. To create a set of synchronized waveforms, a stimulus generator is connected to the test device, as well as benches make up the hardware.
On the basis of type, the test bench market is fragmented into valve test benches, force test benches, torque test benches and others. The torque test benches segment covered a substantial revenue share in the test bench market in 2021. The efficiency of hydraulic motors, electric motors, gearboxes, electric screwdrivers, impulse pumps or screwdrivers, and pneumatic screwdrivers can all be measured using torque measuring systems. Additionally, they are utilized to gauge the torque and rotational angle of the material sample.
By test stands, the test bench market is divided into manual, and motorized. In 2021, the motorized segment witnessed the highest revenue share in the test bench market. The advantages of the motorized test stand over manual test stands, constant testing speed, and suitability for operation on the production floor, are credited with the segment's expansion. There are high, low, and standard speeds for these testing stands.
Based on test material, the test bench market is classified into valve, motors, furniture and others. In 2021, the valve segment generated the maximum revenue share in the test benches market. It is due to the widespread use of these valves in manufacturing and industrial processes. Test benches are used to confirm the calibration of the valves. Additionally, safety valves & industrial valves are crucial components of process control and play an important role in the safe operation of processes.
On the basis of application, the test bench market is divided into semiconductor & electronics, industrial manufacturing & engineering, automotive & transportation, power generation & utilities, oil & gas and others. The semiconductor & electronics segment acquired a substantial revenue share in the test bench market in 2021. Batteries and other electronic components, including electronic circuits, are tested on a bench using a variety of testing tools. Equipment like signal generators, oscilloscopes, and logic analyzers are used to test these components in order to determine whether the device was manufactured correctly or not.
Report Attribute | Details |
---|---|
Market size value in 2021 | USD 1.1 Billion |
Market size forecast in 2028 | USD 1.6 Billion |
Base Year | 2021 |
Historical Period | 2018 to 2020 |
Forecast Period | 2022 to 2028 |
Revenue Growth Rate | CAGR of 4.9% from 2022 to 2028 |
Number of Pages | 309 |
Number of Tables | 560 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling |
Segments covered | Component, Test Material, Type, Application, Test Stands, Region |
Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
Growth Drivers |
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Restraints |
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Region wise, the test bench market is analyzed across the North America, Europe, Asia Pacific & LAMEA. In 2021, the Asia Pacific segment held the largest revenue share in the test benches market. As the largest producer of semiconductors, cars, and power generation, which drives demand for testing benches in China, China is among the leaders in the market. The region's demand for these benches is also being fueled by an increase in their use in sectors like electronics & oil and gas.
Free Valuable Insights: Global Test Benches Market size to reach USD 1.6 Billion by 2028
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Nidec Corporation, Ametek, Inc., dSPACE GmbH, PPT Group (Mecmesin), Kern & Sohn GmbH, IMADA, Inc., MCD Elektronik GmbH, Blum-Novotest GmbH, and Haven Automation Ltd.
By Component
By Application
By Test Material
By Type
By Test Stands
By Geography
The global Test Benches Market size is expected to reach $1.6 billion by 2028.
Increase In Use Of Test Bench In The Automotive Industry are driving the market in coming years, however, Insufficient R&D Resources For Automotive Test Equipment restraints the growth of the market.
Robert Bosch GmbH, Nidec Corporation, Ametek, Inc., dSPACE GmbH, PPT Group (Mecmesin), Kern & Sohn GmbH, IMADA, Inc., MCD Elektronik GmbH, Blum-Novotest GmbH, and Haven Automation Ltd.
The expected CAGR of the Test Benches Market is 4.9% from 2022 to 2028.
The Automotive & Transportation segment acquired maximum revenue share in the Global Test Benches Market by Application in 2021 thereby, achieving a market value of $510 million by 2028.
The Asia Pacific market dominated the Global Test Benches Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $578.1 million by 2028.
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