The global demand for Video Extensometer Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
A video extensometer is a contactless optical measurement technology that works based on a digital camera and real-time image processing. It incorporates a high-resolution digital camera with advanced real-time image processing to make highly precise strain measurements of various specimen types. It measures the transverse and longitudinal strain between two applied lines with a rate of up to 4000 Hz. Video extensometer is used for a wide range of applications, including measurement of material properties, accurate strain-controlled tensile tests, fatigue tests, exploration of cracks, investigation of strain behavior on dynamic tensile tests, dynamic and high-speed tests, vibration analysis, etc.
Market Dynamics
The global video extensometer market will grow owing to the combination of factors including rapid industrialization, growing need to maintain a high quality of product, a soaring trend of a lightweight composite, ongoing research on developing lightweight composites for automotive and aerospace. The capabilities of video extensometers play an essential role in materials testing. The performance improvement, greater flexibility, excellent accuracy, and non-contact features have caused increased use of video extensometer across end-users. Apart from this, video extensometers offers many benefits and provide many advantages compared with conventional contact testing devices, including no influence on the test specimen, suitable for knife-edge slip, no errors due to inertia of moving parts or worn or damaged parts, and damage as a result of energy release at failure. Due to these reasons, end-users have been replacing mechanical extensometers, laser-scanning systems, and strain gauges with the latest video extensometer technology.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of video extensometer. The growth and trends of video extensometer industry provide a holistic approach to this study.
Market Segmentation
This section of the video extensometer market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Sample Type
- Metal
- Ceramics
- Plastics
- Composites
- Rubber
- Textiles
By End Use
- Mining
- Clinical Research
- Manufacturing
- Pharmaceutical
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Video Extensometer market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Video Extensometer Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the video extensometer market include AMETEK, Instron, MTS Systems, Tinius Olsen, 3R labo, TestResources, Shimadzu, Point Semantics Corporation (PSC), Analis, Imetrum, and Epsilon Tech. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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