22
May

Top 5 Vendors in the Construction Material Testing Equipment Market from 2017 to 2021: Technavio – Business Wire (press release)

LONDON–(BUSINESS WIRE)–Technavio
has announced the top five leading vendors in their recentglobal
construction material testing equipment market
report.
This research report also lists 22 other prominent vendors that are
expected to impact the market during the forecast period.

Competitive vendor landscape

The global
construction material testing equipment market
is largely
concentrated with prominent players capturing major market share. In
developing countries such as China and India, the market scenario is a
lot tougher due to the presence of many local players that use low
pricing to their advantage.

The technological innovation in product lines helped major vendors
to access large market shares. Considering the increasing use of quality
benchmarks in the construction industry, the demand for construction
material testing equipment should rise, supported by advanced markets
like testing equipment that is used in laboratories and universities
,”
says Likhitha Bandla, a lead construction
research analyst from Technavio.

The market is mainly dependent on the construction industry for revenue,
followed by schools that use such testing equipment for teaching.
Vendors are required to focus on product development to provide accuracy
and delivery of performance.

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challenges, trends, and more.

Top five construction material testing equipment market vendors

Aimil

Aimil focuses on growing opportunities in the emerging markets of Asia.
The firm was also established in Malaysia, Myanmar, Singapore, and
various regions of South Asia. Aimil has many joint ventures with
companies like Malvern, Pruftechnik, Tinius Olsen, Aiipltech, and
Lubexpert. The company provides services for various civil projects
through their consultancy division.

CONTROLS Group

CONTROLS Group is one major vendor in the global construction material
testing equipment market. The firm has seven branches and offers more
than 4,000 products in three business areas. The firm has a dealer
network of nearly 100 dealers and distributors.

ELE International

ELE International specializes in the manufacturing and designing of
high-quality construction material testing equipment and environmental
instruments. The company provides testing instruments to the
construction industry. The environmental segment specializes in
international environmental projects. ELE International also provides
services like installation, calibration, and training for construction
material testing equipment.

Humboldt Mfg.

Humboldt Mfg. manufactures construction material testing equipment. The
company was founded as a cement testing equipment manufacturer. It is
known to manufacture high-quality products, designed to comply with ASTM
and AASTHO standards.

Matest

Matest is one of the major vendors of material testing equipment for the
construction industry. The firm provides various solutions and site
tests on concrete, aggregates, mortar, bitumen, asphalt, soil, rocks,
and steel. It has extensive line accreditations from agencies like ASTM,
AASTHO, and ISO.

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About Technavio

Technavio
is a leading global technology research and advisory company. The
company develops over 2000 pieces of research every year, covering more
than 500 technologies across 80 countries. Technavio has about 300
analysts globally who specialize in customized consulting and business
research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of bottom-up
and top-down approaches, besides using in-house market modeling tools
and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
re-sellers, and end-users.

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