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China Testing Machine Market - Industry Analysis & Forecast

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Albany, NY -- (SBWIRE) -- 10/06/2014 -- Testing machine is the important infrastructure and tool for scientific research and application of materials. In January-July 2014 China produced 77,000 units of testing machines, up 14% year on year, with annual output expected to be more than 90,000 units. Its testing machine production is mainly concentrated in Liaoning, Guangdong, Shandong, Jiangsu and other regions, especially Liaoning province boasts the highest output e.g. 48,000 units in January-July 2014, accounting for 62.4% of the total.

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Testing machine includes metallic material testing machine, structure testing machine, balancing machine, nondestructive testing instrument, etc., which are widely used in all walks of life, such as industry, military industry, metallurgy, construction, aviation, aerospace, shipbuilding, quality control and measurement.

In the area of balancing machine, full-automatic balancing machine as high-end smart device has found extensive application in motor, electric tools, household appliances, pump, fan, automobile, chemical, high-speed rail, electricity, shipbuilding, aerospace and aviation, etc.. In China’s balancing machine market, foreign competitors mainly refer to Schenck Process GmbH, Japan-based KOKUSAI and DSK; local counterparts are Hangzhou Jizhi Mechatronic Co., Ltd., Beijing Keeven Precision Testing Machinery Co. Ltd. (formerly Beijing Keeven Instrument Factory), Shanghai Schiak Testing Machinery Co., Ltd. (formerly Shanghai Testing Machinery Works), Shanghai Shenlian Testing Machineries Works, Xiaogan Songlin Kokusai Measuring Instrument Co., Ltd., Shanghai Balance United Machinery Co.,Ltd and so forth.

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In the area of nondestructive testing instrument, ultrasonic nondestructive testing instrument becomes a high-tech product in the sector, showing good prospects for development, and the industry’s overall profit is higher. Wuhan Zhongke Innovation Technology Co., Ltd., for instance, posted a high gross margin of 76.41% in H1 2014. Due to high technical barriers, there are relatively few competitors in China’s ultrasonic nondestructive testing instrument market, mainly Guangdong Goworld Co., Ltd., Nantong Union Digital Technology Development Co., Ltd. and Nantong Topsonic Precision Instrument Co., Ltd., in addition to Zhongke Innovation.

China Testing Machine Industry Report, 2014 by Sino Market Insight contains eight chapters and 58 charts, primarily involving China’s testing machine industry overview and major enterprises, development of market segments (balancing machine and nondestructive testing), policies, market size, competition pattern, future development trend, etc., but also profile, output and sales volume, main products, etc. of 23 key players at home and abroad e.g. MTS, Shimadzu, Instron, Jinan Shidai Shijin Testing Machine Group Co., Ltd., Luoyang Bearing Science & Technology Co., Ltd., Schenck Process GmbH, KOKUSAI, DSK, Hangzhou Jizhi Mechatronic Co., Ltd..

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