Report Update: Jan 1, 2025

World - Test Benches - Market Analysis, Forecast, Size, Trends And Insights

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Test bench market

Test bench market: download new facts and figures powered by an Ai-driven BI platform. Data provide trade, companies, market size, imports, consumption, production, exports, and market prices. There is a split by region, including EU, the U.K., Latin America, the U.S., the Middle East, Africa, Russia, and China. Market insights and forecast to 2030 are also provided in the reports.

Test Bench - World's Largest Markets

Rating	Country
1	United States
2	Russia
3	China
4	Japan
5	Mexico

In value terms, the United States, Russia and China constituted the countries with the highest levels of market value in 2020, together accounting for 40% of the global market. Japan, Mexico, Nigeria, Turkey, the Czech Republic, Slovakia, India, Poland, the UK and Bangladesh lagged somewhat behind, together accounting for a further 21%.

In terms of the main consuming countries, Slovakia saw the highest rates of growth with regard to market size, over the period under review, while test bench market for the other global leaders experienced more modest paces of growth.

Test Bench Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
Portugal	701	470	264	-38.7%
Brazil	390	543	420	3.7%
India	984	835	446	-32.7%
United Kingdom	1713	1159	1021	-22.8%
China	3774	2903	2367	-20.8%
Spain	9221	8583	7628	-9.0%
United States	12428	10644	8119	-19.2%
France	6629	9980	9227	18.0%
Italy	23029	15620	13552	-23.3%
Germany	17352	18757	15694	-4.9%
Austria	20044	19296	21411	3.4%
Average	8542	9761	8244	-1.8%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Austria ($21,411 per unit), while Portugal ($264 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
China	134767	80845	110851	-9.3%
United States	22418	18326	12189	-26.3%
France	13832	8597	8015	-23.9%
Singapore	5501	3856	2210	-36.6%
Netherlands	1831	2329	1997	4.4%
Brazil	2737	887	1685	-21.5%
Czech Republic	2483	1483	1397	-25.0%
Slovakia	1172	1646	1382	8.6%
Poland	1692	1208	1082	-20.0%
Paraguay	38	25	35	-3.9%
New Caledonia	65	38	31	-30.5%
Congo	40	19	26	-20.6%
Iceland	6.9	5.5	5.9	-7.8%
Average	8928	6731	7532	-8.1%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was China ($110,851 per unit), while Iceland ($5.9 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Slovakia, while the other global leaders experienced mixed trends in the import price figures.

Test Bench - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	0.6	0.6	0.5	-7.4%
United States	0.1	0.1	0.1	-7.9%
France	0.05	0.05	0.04	-14.0%
Slovakia	0.01	0.009821703	0.03	52.0%
Brazil	0.03	0.03	0.03	2.6%

In value terms, China ($539M) constitutes the largest market for imported test benches worldwide, comprising 36% of global imports. The second position in the ranking was occupied by the United States ($108M), with a 7.2% share of global imports. It was followed by France, with a 2.4% share.

From 2018 to 2020, the average annual rate of growth in terms of value in China amounted to -7.4%. The remaining importing countries recorded the following average annual rates of imports growth: the United States (-7.9% per year) and France (-14.0% per year).

Test Bench - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
Germany	0.6	0.7	0.6	1.6%
Austria	0.3	0.3	0.2	-13.1%
Italy	0.1	0.2	0.2	29.4%
France	0.09	0.1	0.1	16.3%
United States	0.1	0.1	0.09	-14.8%

In value terms, Germany ($636M) remains the largest test bench supplier worldwide, comprising 36% of global exports. The second position in the ranking was occupied by Austria ($213M), with a 12% share of global exports. It was followed by Italy, with a 11% share.

From 2018 to 2020, the average annual rate of growth in terms of value in Germany stood at +1.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Austria (-13.1% per year) and Italy (+29.4% per year).

Test Bench - Market Forecast

Driven by rising demand for test bench worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Test Bench - Product Coverage

HS 903120 - Test benches

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global test bench market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 26516620 - Test benches

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Imports, In Physical Terms, By Country, 2012–2024
7. Imports, In Value Terms, By Country, 2012–2024
8. Import Prices, By Country Of Destination, 2012–2024
9. Exports, In Physical Terms, By Country, 2012–2024
10. Exports, In Value Terms, By Country, 2012–2024
11. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2024
18. Production, In Value Terms, 2012–2024
19. Production, By Country, 2024
20. Production, In Physical Terms, By Country, 2012–2024
21. Imports, In Physical Terms, 2012–2024
22. Imports, In Value Terms, 2012–2024
23. Imports, In Physical Terms, By Country, 2024
24. Imports, In Physical Terms, By Country, 2012–2024
25. Imports, In Value Terms, By Country, 2012–2024
26. Import Prices, By Country, 2012–2024
27. Exports, In Physical Terms, 2012–2024
28. Exports, In Value Terms, 2012–2024
29. Exports, In Physical Terms, By Country, 2024
30. Exports, In Physical Terms, By Country, 2012–2024
31. Exports, In Value Terms, By Country, 2012–2024
32. Export Prices, 2012–2024