Global Modular Test Controllers Market Strategies and Forecast Till, 2024-2032

Modular Test Controllers Market Size And Forecast

Modular Test Controller Market size was valued at USD 7,215.91 Million in 2022 and is projected to reach USD 13,143.33 Million by 2030, growing at a CAGR of 7.02% from 2023 to 2030.

Rising demand from automotive, construction, aerospace & Defense is fueling the growth of the Modular Test Controllers Market. The Global Modular Test Controllers Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Modular Test Controllers Market Definition

Modular controllers let users share hardware between control systems and labs, are easily reconfigurable for a broad range of test applications, and may be expanded in the future to meet new testing requirements. This test controller makes it simple to operate electric, pneumatic and hydraulic test actuators. It is the ideal preference for test labs that require a compact and easy-to-use test controller for efficient operation. One can use it standalone, but it also allows for easy integration into the test machine. The PC application software provides all the functionalities one requires to prepare and run tests, such as station setup, calibration, tuning, sequence building, test operation, recording, and scripting. For test operation near the test rig, a tablet or Smartphone can be used to start and stop cycles, adjust safety limits, monitor tests, and enable manifold control. Driven by proven technology these controllers have all conditioners on boar designed to quickly interface with all commonly-used sensors used to control a single axis.

Operator time can be saved by utilizing online adaptive controls for amplitude and phase. Besides, it is a proven controller technology, flexible, user-friendly, and cost-effective operation in an array of testing applications, ideal for integration within test machines such as load frames, and small housing. Advanced safety checks are built-in to assure the test article and test data are always protected. Multiple Modular test controllers can be linked together to create multi-axis control. This modular hardware platform allows you to save time and effort in training and test setup, as well as enhance once-testing capabilities simply and cost-effectively.

Global Modular Test Controllers Market Overview

The market is majorly driven owing to the increasing demand from various end-use industries such as automotive, and construction. With the strict regulatory norms, and rising concern regarding environmental pollution, favourable government initiatives for electric vehicles has pushed the automakers to introduce new vehicles with excellent features and design. Automotive designers are under constant pressure to deliver efficient vehicle design in order to improve the performance. Several factors such as engine performance, Shock Vibration Control, structural testing, and others are taken into consideration, which creates a higher demand for testing controllers. With the new vehicles introduced in the market, there exists a lot of research and development, as a large amount of investment is considered before the launch.

Growing demand for new vehicle design and performance for attracting a new customer base is projected to push the growth of this market. In the aerospace industry, the complexity of the structures and components is changing which creates several issues related to the testing and verification of modern designs and devices. Strict verification standards are introduced to ensure the highest safety further favouring the market growth. The increasing use of modern and high-quality electronic systems for ensuring better communication with advanced functionality is pushing the need for testing.

In addition, a growing requirement for lab testing is also encouraging the growth of the market. The demand for modular testing controllers is widely used for universal testing including vibration testing, elastomeric testing, fatigue test systems, and controlling hydraulic as well as electrical test systems. The use of the test controllers in the labs testing for reducing the overall time required for the setup and implementation of the test with accurate outcomes. Apart from this, rising demand from developing nations such as China and India are other factors offering lucrative opportunities for the market to grow. However, there has been a devastating impact of the COVID outbreak on the modular test controller market which could hamper the market.

Global Modular Test Controllers Market: Segmentation Analysis

The Global Modular Test Controllers Market is segmented on the basis of Product, Application, And Geography.

Modular Test Controllers Market, By Product

• Material Tests• Component Tests

Based on Product, the market is segmented into Material Tests and Component Tests. Material Tests accounted for the largest market share and is projected to grow during the forecast period. Material testing is a well-established technique used to define the physical and mechanical properties of raw materials and components from human hair to steel, composite materials, and ceramics. Materials testing machines are appropriate for use in quality control, production, laboratory, R&D, or education. In its simplest form, material testing determines the exact composition of a material sample, assesses its strength, or discovers why the material (or product) failed while in use. The growth of this segment is accountable for the Rising demand for a material test from various end-use industries such as automotive, and aerospace driving the global modular test controller market. Materials testing machines are appropriate for use in quality control, production, laboratory, R&D, or education. Component Tests was the second-largest market in 2021.

Modular Test Controllers Market, By Application

• Automotive• Aerospace & Defence• Construction• Others

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By Application, Modular Test Controller is used in Automotive, Aerospace & Defence, Construction, and Others. Automotive accounted for the largest market share and is projected to grow during the forecast period. The automotive industry includes a vast range of companies and organizations concerned with the design, development, manufacturing, marketing, and selling of motor vehicles. The sector is also one of the largest sectors by revenue in the world. It is also the industry with the most increased spending on research & development. With a growing automotive industry, there is an increasing demand for testing. Every automotive material and component must experience rigorous testing and meet the highest industry and legal requirements. The demand for lab tests in automotive applications is growing due to the growing automotive industry globally. Aerospace & Defence was the second-largest market in 2021. However, Construction is projected to grow at the highest CAGR, this is due to the overall long-term outlook for the global construction industry being extremely positive and the industry is expected to grow above global gross domestic product (GDP) growth over the next decade.

Modular Test Controllers Market, By Geography

• North America• Europe• Asia Pacific• Middle East and Africa• Latin America

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On the basis of regional analysis, the Global Modular Test Controller Market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. North America accounted for the largest market share in 2021 and is projected to grow during the forecast period. The Asia Pacific was the second-largest market in 2021, it is projected to grow at the highest CAGR. The region is considered to be one of the highest contributors to the overall modular test controllers market and will persist to be so till the end of the projection period. The growth is predicted, owing to the increasing demand from the automotive industry.

Key Players

The “Global Modular Test Controllers Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Moog Inc., Ametek, Yokogawa, VIAVI Solutions, NI, Instron, MTS, Thorlabs, Kai, EJC Systems, Klippel, Acroname Inc., Zwickroell, Servotest, Saginomiya Seisakusho, Inc., Shorewestern, Inova, BIA, Ball Systems, Shimadzu Corporation, Wance, BISS. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the players mentioned above globally.

Key Developments

• The Moog Test Controller, a 1- to 500-channel device that controls and collects data from any hydraulic or electric test rig, has been developed by Moog Inc. It’s a good choice for manufacturers, suppliers, and test labs looking for a test controller with more flexibility, dependability, and safety. The controller was built by Moog engineers for tests on aircraft components, automobile sub-assemblies, engine components, and full-scale structural examinations, among other things.

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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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