Global Construction Material Testing Equipment Market: Key Players
Key market players operating in the global construction material testing equipment market includes, Aimil Ltd., ELE International, Controls S.p.A., Humboldt Mfg. Co., Matest S.p.A., CMT Equipments, Canopus Instruments, Applied Test Systems, OLSON INSTRUMENTS INC., Qualitest International Inc., Papworths Construction Testing Equipment, and Zwick Roell Group among others. This industry is characterized by high regional consolidation, with few leading global players. Owing to the intensive competitive scenario, industry is expected to witness significant strategic initiatives to strengthen their industry foothold and expand regional presence. For instance, in June 2017, University of Missouri System collaborated with Missouri University of Science and Technology for the development of Advanced Construction and Materials Laboratory (ACML), to address public infrastructure challenges.
In addition to this, key players of global construction material testing equipment are continuously focusing on the development of advanced technology products with latest software by entering into partnerships or acquiring prominent market players. For instance, in October 2018, Eurofins Scientific, one of the players in bio analytical testing including construction material testing equipment, announced the acquisition of TestAmerica, one of the prominent player in environmental consulting and engineering solutions to delivered enhanced products and strengthened its position in the U.S. market.
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