The global continuous friction tester market garnered USD 5.5 Billion in 2021 and is likely to exhibit a Y-o-Y increase of 7.1% to be valued at USD 5.89 Billion in 2022. Owing to the immense growth in the aviation industry, there has been an amplified necessity for adequate friction testing to avoid hazardous incidents on roads and runways, the market is likely to expand to USD 11.7 Billion by 2032.
Rising cases of road skid accidents and runway crash incidents in recent years have bolstered a need for consistent friction testing to provide optimum security to passengers.
| Attributes | Details |
|---|---|
| Global Continuous Friction Tester Market CAGR (2022 to 2032) | 7.1% |
| Global Continuous Friction Tester Market (2022) | USD 5.89 Billion |
| Global Continuous Friction Tester Market (2032) | USD 11.7 Billion |
| Global Continuous Friction Tester Market Attraction | Increased emphasis on road safety and bolstering revolution in the construction industry have boosted the demand for continuous friction testers across the globe. |
The growing concern over the adequacy of available friction between runway surface and airplane tires under certain conditions such as snow, water, and sludge on the runway is generating a huge demand for continuous friction testers.
Problems associated with the take-off of jet planes from water or snow-covered runway are creating potential growth opportunities for the continuous friction tester market. The use of a continuous friction tester helps in overcoming the problems such as airframe damage and engine ingestion, and therefore, due to this factor, the adoption of continuous friction testers is increasing swiftly at airports.
The continuous evolution in the construction industry along with the rapid growth in urbanization rates is having a positive impact on the growth of the continuous friction tester market. Moreover, the increasing airport infrastructure development and rapid growth in continuous friction testers to evaluate road surfaces by the standards are further fuelling the growth of the continuous friction tester market.
The increasing demand for continuous friction testers to determine the behavior of pavements in combination with other materials is the key factor driving the growth of the continuous friction tester market.
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The growing demand for quality measurement of highways and airport runways and the increasing adoption of continuous friction testers to determine structural performance under lethal environmental conditions are the primary factors driving the growth of the continuous friction tester market.
Moreover, the continuous innovation in the testing equipment coupled with the increasing demand for advanced equipment for improving productivity and efficiency is also boosting the growth of the continuous friction tester market.
Apart from this, the growing construction industry and the rising focus of the government of various developed and developing economies on the betterment of airport infrastructure are the factors that are creating potential growth opportunities for the continuous friction tester market.
The boom in smart city projects and smart infrastructure development is creating the need for advanced continuous friction testers, thus, fuelling the growth of the continuous friction testers market.
Less adoption of advanced continuous friction testers in various underdeveloped economies is the major challenge to the growth of the continuous friction tester market. Also, the less development in airport infrastructure of various countries in Africa and Latin America is the major factor that hampers the growth of the continuous friction tester market.
Based on geography, North America is expected to capture a significant market share in terms of revenue in the continuous friction tester market, due to the increasing demand for advanced testing technologies and the presence of key continuous friction tester providers in the region. A recently published report by Future Market Insights depicts that the market for continuous friction testers is likely to register a CAGR of 7% throughout the forecast period.
Major players are expanding their ground reach by several means such as mergers and acquisitions, collaboration, and product developments. For instance, In Dec 2021, – International Cybernetics (ICC) is excited to announce the acquisition of the NAC-Dynamic Friction Tester™ technology (NAC-DFT) from NAC Dynamics, LLC. The NAC-DFT is an aerodynamic tow-behind continuous friction measurement device (CFME), approved for use on airport runways by the FAA.
The finest practices and demonstrated the technology in use for several decades in other nations bestow an exciting prospect for the USA road safety community. Currently, it is standard procedure for network-level friction in the USA to be measured using a sample-based, discrete (i.e., not continuous) measurement called the Locked-Wheel Skid Trailer (LWST) test. This technique is vastly reliable and does offer useful point information.
Asia Pacific region is anticipated to witness high growth rates during the forecast period owing to the rapid urbanization and increasing demand for continuous friction testers due to the rapid development in the airport infrastructure. Furthermore, the rapid increase in smart city projects and smart infrastructure development in countries of the Asia Pacific such as China, Japan, and India are supporting the high adoption of continuous friction testers. A recently published report by Future Market Insights discloses that the Asia Pacific continuous friction tester market is projected to register a CAGR of 6.7%.
Increasing concern for safety has scaled up the capital investment in the region, likely to stimulate the growth prospects in the upcoming decade. Recent developments and upward trends have also bolstered the demand for continuous friction testing in the province. For instance, Nanofilm Technologies International Limited (NTI) has developed a revolutionary filtered cathodic vacuum arc (FCVA) technology that leverages a plasma source and electromagnetic waves to create high-quality coatings.
The technology does not require high heat and can perform vacuum coating deposition at room temperature, allowing the company to create advanced materials including one similar to conductive diamond material with high hardness, density, high corrosion resistance, high conductivity, and low friction coefficient - in an environmentally friendly manner.
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Prominent players in the global continuous friction tester market are SARSYS-ASFT AB, Moventor Ltd., Neubert Aero Corp., Controls Group, Stanley, and Humboldt Mfg. Co., Cooper Technology, and PaveTesting Limited., others. Recent key developments among players include:
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 7.1% from 2022 to 2032 |
| Market Value in 2022 | USD 5.89 Billion |
| Market Value in 2032 | USD 11.7 Billion |
| Base Year for Estimation | 2021 |
| Historical Period | 2017 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Billion, Volume in Kilotons, and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered | Product Type, Testing type, Operating Areas, Region |
| Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East and Africa |
| Key Countries Profiled | USA, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, China, Japan, South Korea, Malaysia, Singapore, Australia, New Zealand, GCC, South Africa, Israel |
| Key Companies Profiled | SARSYS-ASFT AB; Moventor Ltd.; Neubert Aero Corp.; Controls Group; Stanley; Humboldt Mfg. Co.; Cooper Technology; Pave Testing Limited |
| Customization | Available Upon Request |
The global continuous friction tester market is likely to experience a CAGR of 7.1% from 2022 to 2032
The North American market is expected to garner USD 8 Billion while expanding at a 7% CAGR from 2022 to 2032
SARSYS-ASFT AB, Moventor Ltd., and Neubert Aero Corp. are some prominent providers of continuous friction tester services
| Estimated Market Share in 2023 | USD 1,617.8 million |
|---|---|
| Forecasted Market Size by 2033 | USD 2,464.7 million |
| Projected Market Growth Rate from 2023 to 2033 | 4.3% CAGR |
| Market Size (2022E) | USD 10.8 Billion |
|---|---|
| Projected Market Value (2032F) | USD 17.2 Billion |
| Global Market Growth Rate (2022 to 2032) | 4.8% CAGR |
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Continuous Friction Tester Market
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