LATAM Material Testing Equipment Market Size & Outlook, 2025-2033

LATAM Material Testing Equipment Market Highlights

Market Strides analysis indicates that the LATAM Material Testing Equipment Market size, which was USD 355.12 Million in 2024, is projected to attain USD 565.41 Million by 2033.
The market is expected to register a CAGR of 5.28% over the period 2025–2033.
In 2024, Pumps & Compressors emerged as the dominant By Equipment based on market size.
Pumps & Compressors is projected to register the fastest growth, positioning it as the most attractive By Equipment segment over the forecast horizon.

LATAM Material Testing Equipment Market Overview

Source: MS Analysis Company Publications, Primary Interviews.

Other Key Findings

The global Material Testing Equipment Market size saw LATAM holding a share of 7.72% in 2024.
United States is forecasted to account for the leading share of the global market by 2033.
In LATAM, Argentina is forecasted to be the fastest-expanding market, projected to reach USD 1063.95 Million by 2033.

Report Summary

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 355.12 Million
Market Size In 2033	USD 565.41 Million
Largest segment	Pumps & Compressors
Units	Revenue in USD Million
CAGR	5.28% (2025-2033)
Segmnetation Covered
LATAM	Brazil Mexico Argentina Colombia Chile
By Equipment	Pumps & Compressors Boilers Testing Equipment
By Industry	Manufacturing Energy Construction
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

LATAM Material Testing Equipment Market Country 2025-2033 (USD Million)

LATAM	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Brazil	XX.x	XX.x	XX.x	139.03	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Mexico	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Argentina	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Colombia	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Chile	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

LATAM Material Testing Equipment Market By Equipment 2025-2033 (USD Million)

By Equipment	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Pumps & Compressors	XX.x	XX.x	XX.x	161.86	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Boilers	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Testing Equipment	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

LATAM Material Testing Equipment Market By Industry 2025-2033 (USD Million)

By Industry	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Manufacturing	XX.x	XX.x	XX.x	178.77	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Energy	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Construction	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

Author :

Market Strides Research Team

The Market Strides Research Team delivers concise, data-driven insights across Construction & Manufacturing, Energy & Power, and Machinery & Equipment markets. With expertise covering materials, machinery, automation, infrastructure, power systems, renewables, and industrial technologies, the team provides reliable research and clear market intelligence for global businesses and decision-makers.