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Test Benches Market By Application (Industrial Manufacturing And Engineering, Semiconductor And Electronics, Power Generation And Utilities, Automotive And Transportation, Oil And Gas) – Growth, Future Prospects, Competitive Analysis And Forecast, 2016-2023

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Market Insights

Test benches refer to testing assemblies used for the calibration and testing of various equipment and components across different application segments. Test benches are used for testing components such as turbines, combustion engines, safety valves, hydraulic hoses, and others. Some of the popular applications of test benches include automotive and aerospace, power and utilities, oil and gas, electronics, and others. Market players typically provide customized solutions to their consumers depending upon the end-use application. Amongst these, automotive & aerospace, power & utilities, and government are the largest consumers of test benches. The global test benches market is expected to witness steady growth with steady growth in its end-use application segments, including automobile and transportation; industrial manufacturing; and oil and gas. This growth is influencing key participants across the value chain to invest in the industry.

The global test benches market was valued at US$ 926.4 Mn in 2015 and is expected to reach US$ 1,331.0 Mn by 2023, growing at a CAGR of 4.7% over the forecast period of 2016–2023.

This market research study includes an in-depth analysis of the market drivers and restraints related to the test benches industry. The research report also includes current and future market trends in the global as well as regional test bench markets. The report also includes a comprehensive analysis of technology development, pricing, and demand-supply trends related to testing benches. The report also covers high-level analysis included in the report, such as industry competitive assessment, value chain analysis, and attractiveness analysis, which helps market players and trade partners across the value chain identify key potential areas in the industry and formulate their strategies.

Moreover, the study includes market estimates and forecasts for different applications of test benches and their size in terms of both volumes (number of units sold) and revenue (US$ Mn). The test bench market is classified into its applications, and estimates and forecasts are provided for each of these segments. The report also includes cross-sectional analysis on a regional basis, i.e., the regional market size by mining methods and application. This study includes historic market size (2013 and 2014), a market estimate (2015), and a forecast for the period 2016–2023 in terms of volume and revenue. The report also includes market estimates and forecasts for test benches in major countries.

The report includes profiles of major players in the global test bench industry. Company profiles include detailed information about business strategies, product portfolios, recent developments, and the regional positioning of these manufacturers. The report also provides an in-depth analysis of the market competition and the positioning of key market players, along with their winning strategies.

The global test bench market is classified into the following categories:

By Application

  • industrial manufacturing and engineering
  • semiconductors and electronics
  • power generation and utilities
  • automotive and transportation
  • oil and gas, and other (research laboratories and institutes, packaging, etc.)

By Region

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • France
    • UK.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

Based on end-use applications, the test bench market is classified into industrial manufacturing and engineering, semiconductor and electronics, power generation and utilities, automotive and transportation, oil and gas, and other (research laboratories and institutes, packaging, etc.).

Automotive and transportation are the largest application segments for test benches. This segment accounted for a revenue share of 22.9% in the overall test bench market by application in 2015. The global market for test benches used in automotive and transportation is expected to grow steadily with the increasing production of motor vehicles, aircraft, and rail bogies. In the automobile industry, test benches are used for testing complete powertrains of conventional and hybrid construction in any configuration, as well as single components like electric and wheel hub motors, internal combustion engines, gearboxes, axles, clutches, and shafts. Rising demand and production of motor vehicles are expected to increase the demand for test benches used in this application. In addition, the increasing number of marine, railway, and air travelers is putting pressure on countries and service providers to expand these networks and facilities. This is expected to increase the production of railway bogies, aircraft, and ships, which in turn will spur the demand for test benches used in these industries.

The mineral power generation and utility sector is expected to witness the fastest growth with rising investment in renewable energy sources. The revenue share of this segment is expected to reach 20.6% by 2023, up from 19.7% in 2015.

Global Test Benches Market for Automotive and Transportation Applications, Revenue and Volume, 2013–2023, (US$ million and units)

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
1.3.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Test Benches Market
2.2 Global Test Benches Market, By Application
2.3 Global Test Benches Market, By Geography

Chapter 3 Market Dynamics
3.1 Product Insights and Market Overview
3.1.1 Global Test Benches Market Revenue and Volume, 2013 – 2023, (US$ Mn) (Units)
3.2 Key Market Trends and Future Outlook
3.2.1 Focus on Europe and Asia Pacific
3.2.2 Innovative test bench designs
3.3 Market Drivers
3.3.1 Rising automotive industry worldwide
3.3.2 Anticipated growth in the oil & gas segment
3.3.3 Growing demand for electricity
3.4 Market Growth Inhibitors
3.4.1 Consistent development required so as to meet the changing technology standards
3.4.2 Impact Analysis of Drivers and Restraints
3.5 Market Penetration Scenario, 2015
3.6 Competitive Landscape
3.6.1 Market Positioning of Key Test Benches Manufacturers
3.6.2 Major Strategies Adopted by the Leading Players

Chapter 4 Test Benches Market Analysis, by Application
4.1 Overview
4.2 Industrial Manufacturing and Engineering
4.2.1 Global Test Benches Market for Industrial Manufacturing and Engineering, Revenue and Volume, 2013 – 2023, (US$ Mn and Units)
4.3 Semiconductor and Electronics
4.3.1 Global Test Benches Market for Semiconductor and Electronics, Revenue and Volume, 2013 – 2023, (US$ Mn and Units)
4.4 Power Generation and Utilities
4.4.1 Global Test Benches Market for Power Generation and Utilities, Revenue and Volume, 2013 – 2023, (US$ Mn and Units)
4.5 Automotive and Transportation
4.5.1 Global Test Benches Market for Automotive and Transportation Application, Revenue and Volume, 2013 – 2023, (US$ Mn and Units)
4.6 Oil and Gas
4.6.1 Global Test Benches Market for Oil and Gas Industry, Revenue and Volume, 2013 – 2023, (US$ Mn and Units)
4.7 Other (Research and Developments, Packaging etc)
4.7.1 Global Test Benches Market for Other Application, Revenue and Volume, 2013 – 2023, (US$ Mn and Units)

Chapter 5 North America Test Benches Market Analysis
5.1 Overview
5.2 North America Test Benches Market Analysis, By Application, 2013 – 2023 (US$ Mn) (Units)
5.3 U.S. Test Benches Market Revenue and Volume, 2013 – 2023, (US$ Mn) (Units)
5.3.1 U.S. Test Benches Market Analysis, By Application, 2013 – 2023 (US$ Mn) (Units)
5.4 Rest of North America Test Benches Market Revenue and Volume, 2013 – 2023, (US$ Mn) (Units)
5.4.1 Rest of North America Test Benches Market Analysis, By Application, 2013 – 2023 (US$ Mn) (Units)

Chapter 6 Europe Test Benches Market Analysis
6.1 Overview
6.2 Europe Test Benches Market Analysis, By Application, 2013 – 2023 (US$ Mn) (Units)
6.3 U.K. Test Benches Market Revenue and Volume, 2013 – 2023, (US$ Mn) (Units)
6.3.1 U.K. Test Benches Market Analysis, By Application, 2013 – 2023 (US$ Mn) (Units)
6.4 Germany Test Benches Market Revenue and Volume, 2013 – 2023, (US$ Mn) (Units)
6.4.1 Germany Test Benches Market Analysis, By Application, 2013 – 2023 (US$ Mn) (Units)
6.5 France Test Benches Market Revenue and Volume, 2013 – 2023, (US$ Mn) (Units)
6.5.1 France Test Benches Market Analysis, By Application, 2013 – 2023 (US$ Mn) (Units)
6.6 Rest of Europe Test Benches Market Revenue and Volume, 2013 – 2023, (US$ Mn) (Units)
6.6.1 Rest of Europe Test Benches Market Analysis, By Application, 2013 – 2023 (US$ Mn) (Units)

Chapter 7 Asia Pacific Test Benches Market Analysis, 2013 – 2023 (US$ Bn)
7.1 Overview
7.1.1 Asia Pacific Test Benches Market, 2013-2023
7.1.2 APAC Test Benches Market Revenue, by Type, 2013-2023 (US$ Mn)
7.1.3 APAC Test Benches Market Volume, by Type, 2013-2023 (Units)
7.1.4 APAC Test Benches Market Revenue, by Country, 2013-2023 (US$ Mn)
7.1.5 APAC Test Benches Market Volume, by Country, 2013-2023 (Units)
7.1.6 Japan Test Benches Market Revenue, by Type, 2013-2023 (US$ Mn)
7.1.7 Japan Test Benches Market Volume, by Type, 2013-2023 (Units)
7.1.8 China Test Benches Market Revenue, by Type, 2013-2023 (US$ Mn)
7.1.9 China Test Benches Market Volume, by Type, 2013-2023 (Units)
7.1.10 India Test Benches Market Revenue, by Type, 2013-2023 (US$ Mn)
7.1.11 India Test Benches Market Volume, by Type, 2013-2023 (Units)
7.1.12 Rest of APAC Test Benches Market Revenue, by Type, 2013-2023 (US$ Mn)
7.1.13 Rest of APAC Test Benches Market Volume, by Type, 2013-2023 (Units)

Chapter 8 Rest of the World Test Benches Market Analysis, 2013 – 2023 (US$ Bn)
8.1 Overview
8.1.1 RoW Test Benches Market, 2013-2023
8.1.2 Rest of the World Test Benches Market Revenue, by Type, 2013-2023 (US$ Mn)
8.1.3 Rest of the World Test Benches Market Volume, by Type, 2013-2023 (Units)
8.1.4 Rest of the World Test Benches Market Revenue, by Region, 2013-2023 (US$ Mn)
8.1.5 Rest of the World Test Benches Market Volume, by Region, 2013-2023 (Units)
8.1.6 Middle East and Africa Test Benches Market Revenue, by Type, 2013-2023 (US$ Mn)
8.1.7 Middle East and Africa Test Benches Market Volume, by Type, 2013-2023 (Units)
8.1.8 Latin America Test Benches Market Revenue, by Type, 2013-2023 (US$ Mn)
8.1.9 Latin America Test Benches Market Volume, by Type, 2013-2023 (Units)

Chapter 9 Company Profiles
9.1 RVS SRL
9.2 ETH-messtechnikgmbh
9.3 LIEDTKE ANTRIEBSTECHNIK GMBH & CO. KG
9.4 MCD Elektronik GmbH
9.5 General Electric
9.6 Taian Nantai Experimental Equipment Co., Ltd.
9.7 Telide Shenzhen High Pressure Fluid Systems Co.
9.8 Robert Bosch GmbH
9.9 IAG Industrie Automatisierungsgesellschaft m.b.
9.10 Atlas Material Testing Technology GmbH

List of Figures

FIG. 1 Global Test Benches Market: Research Methodology
FIG. 2 Top-Down and Bottom Up Approach
FIG. 3 Global Test Benches Market, By Application, 2015(US$ Mn)
FIG. 4 Global Test BenchesMarket, By Geography, 2015(US$ Mn)
FIG. 5 Global Test Benches Market Revenue and Volume, 2013 – 2023, (US$ Mn) (Units)
FIG. 6 Number of New Vehicles Sold Worldwide, 2005 – 2015
FIG. 7 Electricity Production Worldwide, 2007 – 2014 (TWh)
FIG. 8 Market Penetration Scenario: Global Test Benches
FIG. 9 Market Positioning of Key Test Benches Manufacturers, 2015
FIG. 10 Global Test Benches Market Revenue Share, By Application, 2015 & 2023 (Revenue Share %)
FIG. 11 Global Test Benches Market for Industrial Manufacturing and Engineering, Revenue and Volume, 2013 – 2023, (US$ Mn and Units)
FIG. 12 Global Test Benches Market for Semiconductor and Electronics, Revenue and Volume, 2013 – 2023, (US$ Mn and Units)
FIG. 13 Global Test Benches Market for Power Generation and Utilities, Revenue and Volume, 2013 – 2023, (US$ Mn and Units)
FIG. 14 Global Test Benches Market for Automotive and Transportation Application, Revenue and Volume, 2013 – 2023, (US$ Mn and Units)
FIG. 15 Global Test Benches Market for Oil and Gas Application, Revenue and Volume, 2013 – 2023, (US$ Mn and Units)
FIG. 16 Global Test Benches Market for Other Applications, Revenue and Volume, 2013 – 2023, (US$ Mn and Units)
FIG. 17 North America Test Benches Market, 2013 – 2023, (US$ Mn) (Units)
FIG. 18 U.S. Test Benches Market Revenue and Volume, 2013 – 2023, (US$ Mn) (Units)
FIG. 19 Rest of North America Test Benches Market Revenue and Volume, 2013 – 2023, (US$ Mn) (Units)
FIG. 20 Europe Test Benches Market, 2013 – 2023, (US$ Mn) (Units)
FIG. 21 U.K. Test Benches Market Revenue and Volume, 2013 – 2023, (US$ Mn) (Units)
FIG. 22 Germany Test Benches Market Revenue and Volume, 2013 – 2023, (US$ Mn) (Units)
FIG. 23 France Test Benches Market Revenue and Volume, 2013 – 2023, (US$ Mn) (Units)
FIG. 24 Rest of Europe Test Benches Market Revenue and Volume, 2013 – 2023, (US$ Mn) (Units)
FIG. 25 Asia Pacific Test Benches Market, 2013 – 2023, (US$ Mn) (Units)
FIG. 26 RoW Test Benches Market, 2013 – 2023, (US$ Mn) (Units)

List of Tables

TABLE 1 Market Snapshot: Global Test Benches Market
TABLE 2 List of Upcoming Oil & Gas Projects
TABLE 3 Impact Indicators
TABLE 4 Impact Analysis of Drivers and Restraints
TABLE 5 North America Test Benches Market Revenue, By Application, 2013 – 2023 (US$ Mn)
TABLE 6 North America Test Benches Market Volume, By Application, 2013 – 2023 (Units)
TABLE 7 U.S. Test Benches Market Revenue, By Application, 2013 – 2023 (US$ Mn)
TABLE 8 U.S. Test Benches Market Volume, By Application, 2013 – 2023 (Units)
TABLE 9 Rest of North America Test Benches Market Revenue, By Application, 2013 – 2023 (US$ Mn)
TABLE 10 Rest of North America Test Benches Market Volume, By Application, 2013 – 2023 (Units)
TABLE 11 Europe Test Benches Market Volume, By Application, 2013 – 2023 (Units)
TABLE 12 Europe Test Benches Market Revenue, By Application, 2013 – 2023 (US$ Mn)
TABLE 13 U.K. Test Benches Market Revenue, By Application, 2013 – 2023 (US$ Mn)
TABLE 14 U.K. Test Benches Market Volume, By Application, 2013 – 2023 (Units)
TABLE 15 Germany Test Benches Market Revenue, By Application, 2013 – 2023 (US$ Mn)
TABLE 16 Germany Test Benches Market Volume, By Application, 2013 – 2023 (Units)
TABLE 17 France Test Benches Market Revenue, By Application, 2013 – 2023 (US$ Mn)
TABLE 18 France Test Benches Market Volume, By Application, 2013 – 2023 (Units)
TABLE 19 Rest of Europe Test Benches Market Revenue, By Application, 2013 – 2023 (US$ Mn)
TABLE 20 Rest of Europe Test Benches Market Volume, By Application, 2013 – 2023 (Units)
TABLE 21 APAC Test Benches Market Revenue, by Type, 2013-2023 (US$ Mn)
TABLE 22 APAC Test Benches Market Volume, by Type, 2013-2023 (Units)
TABLE 23 APAC Test Benches Market Revenue, by Country, 2013-2023 (US$ Mn)
TABLE 24 APAC Test Benches Market Volume, by Country, 2013-2023 (Units)
TABLE 25 Japan Test Benches Market Revenue, by Type, 2013-2023 (US$ Mn)
TABLE 26 Japan Test Benches Market Volume, by Type, 2013-2023 (Units)
TABLE 27 China Test Benches Market Revenue, by Type, 2013-2023 (US$ Mn)
TABLE 28 China Test Benches Market Volume, by Type, 2013-2023 (Units)
TABLE 29 India Test Benches Market Revenue, by Type, 2013-2023 (US$ Mn)
TABLE 30 India Test Benches Market Volume, by Type, 2013-2023 (Units)
TABLE 31 Rest of APAC Test Benches Market Revenue, by Type, 2013-2023 (US$ Mn)
TABLE 32 Rest of APAC Test Benches Market Volume, by Type, 2013-2023 (Units)
TABLE 33 Rest of the World Test Benches Market Revenue, by Type, 2013-2023 (US$ Mn)
TABLE 34 Rest of the World Test Benches Market Volume, by Type, 2013-2023 (Units)
TABLE 35 Rest of the World Test Benches Market Revenue, by Region, 2013-2023 (US$ Mn)
TABLE 36 Rest of the World Test Benches Market Volume, by Region, 2013-2023 (Units)
TABLE 37 Middle East and Africa Test Benches Market Revenue, by Type, 2013-2023 (US$ Mn)
TABLE 38 Middle East and Africa Test Benches Market Volume, by Type, 2013-2023 (Units)
TABLE 39 Latin America Test Benches Market Revenue, by Type, 2013-2023 (US$ Mn)
TABLE 40 Latin America Test Benches Market Volume, by Type, 2013-2023 (Units)
TABLE 41 RVS SRL: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
TABLE 42 ETH-messtechnikgmbh: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, , Recent Developments)
TABLE 43 LIEDTKE ANTRIEBSTECHNIK GMBH & CO. KG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, , Recent Developments)
TABLE 44 MCD Elektronik GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, , Recent Developments)
TABLE 45 General Electric: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, , Recent Developments)
TABLE 46 Taian Nantai Experimental Equipment Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, , Recent Developments)
TABLE 47 Telide Shenzhen High Pressure Fluid Systems Co.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, , Recent Developments)
TABLE 48 Robert Bosch GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, , Recent Developments)
TABLE 49 IAG Industrie Automatisierungsgesellschaft m.b.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, , Recent Developments)
TABLE 50 Atlas Material Testing Technology GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, , Recent Developments)

 Frequently Asked Questions:

What is the size of Test Benches Market ?

The market for Test Benches Market is expected to reach US$ 1,331.0 Mn in 2023.

What is the Test Benches Market CAGR?

The Test Benches Market expected to see significant CAGR growth over the coming years,at 4.7%.

What is the Forecast period considered for Test Benches Market?

The report is forecasted from 2016-2023

What is the base year considered for Test Benches Market?

The base year of this report is 2015.

Who are the major players in this market?

RVS SRL,ETH-messtechnikgmbh,LIEDTKE ANTRIEBSTECHNIK GMBH & CO. KG,MCD Elektronik GmbH,General Electric are some of the major players in the global market.

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