Refurbished Test Equipment Market Report: Global Revenue for Refurbished Test Equipment is Expected to Reach Approximately 1.86 Billion Yuan in 2024

According to the refurbished test machine market report released by YH Research, this report provides the situation, definition, classification, application, and industrial chain structure of the refurbished test machine market. It also discusses development policies and plans, manufacturing processes, and cost structures, and analyzes the current development status and future market trends of the refurbished test machine market. It analyzes the main production areas, main consumption areas, and main manufacturers of the refurbished test machine market from the perspectives of production and consumption.

I. Market Status and Scale Forecast

In 2024, the global refurbished test machine market size reached 1.86 billion yuan, and it is expected to grow to 2.94 billion yuan by 2031, with a compound annual growth rate (CAGR) of 6.1% from 2025 to 2031 (data source: YH Research “Global Test Equipment Market White Paper”). This significant growth is primarily driven by the dual factors of shorter laboratory equipment replacement cycles and corporate demands for cost reduction and efficiency improvement.

Refurbished test equipment serves as a key vehicle for the circular economy of scientific research equipment. Through professional refurbishment processes (including replacement of core components and system calibration), its performance is restored to over 90% of the original standard, while the price is only 40-60% of a new unit. This high-cost-effectiveness solution is particularly suitable for university laboratories and startup R&D centers with limited budgets.

II. Impact of International Trade Policies and Response Strategies


Latest developments in the second quarter of 2025: The United States has made structural adjustments to import tariffs on laboratory equipment, with tariffs on refurbished test equipment increasing by 3-8 percentage points. This policy change is reshaping the global test equipment supply chain landscape, particularly affecting Chinese manufacturers' exports to the United States.

Adverse impact: A Shenzhen-based testing equipment supplier saw its profits from exports to the United States decrease by 12%, forcing it to shift its focus to the Southeast Asian market.


Successful Response: A company in Jiangsu obtained OEM certification, successfully entering the tariff exemption list, resulting in a 15% increase in orders in the first quarter of 2025.


Regional Trade Strategy Recommendations:
North American Market: Prioritize collaboration with locally certified refurbished equipment suppliers
European Market: Focus on breaking into the market with EN ISO 17025-certified equipment
Asia-Pacific Market: Offer customized calibration service solutions


III. Product Segmentation and Technological Innovation Trends


(1) Differentiated Development of Product Types
Basic Functional Type (45% market share): Meets routine testing needs with a clear price advantage
Comprehensive Repair Type (35% market share): Performance接近new machines, with a warranty extended to two years
OEM-Certified Type (20% market share): Backed by the original manufacturer, with a premium pricing capability of up to 30%


(2) Application Area Distribution
Education and Research: 38% market share, annual growth of 8.2%
Automotive Industry: 25% market share, surging demand for new energy testing
Aerospace: 18% market share, strict quality traceability requirements
Construction Engineering: 15% market share, driven by demand for testing new building materials
Other Areas: 4% market share


Technological Frontiers: The latest AI calibration system developed in 2025 can enhance the accuracy of refurbished equipment to 99.2%, significantly narrowing the performance gap with new machines (Data Source: Instron Technical White Paper).

IV. Competitive Landscape and Benchmark Enterprise Analysis


The global refurbished testing machine market exhibits a “pyramid-shaped” competitive structure:

First Tier (International Giants):
Instron (Ametek): Dominant player in metal materials testing
MTS Systems: Expert in aerospace testing equipment
ZwickRoell: Leader in polymer materials testing


Second Tier (Regional Leaders):
TestResources Inc. (North America's largest refurbishment service provider)
Kiwa Dare Technology (European specialist in refurbishment of special equipment)
GTM Testing Machines (Top market share in Asia)


Case Study of Chinese Companies Breaking into the Market: A company in Suzhou successfully entered the BMW automotive supply chain by developing “cloud diagnosis + modular refurbishment” technology, with a cumulative delivery of 120 refurbished testing machines by 2025, achieving revenue exceeding 80 million yuan.

V. Future Five-Year Development Trends and Investment Recommendations


(1) Core Development Trends
Green Certification System: A global unified carbon footprint standard for refurbished equipment will be implemented by 2026.
Intelligent Refurbishment: By 2028, 70% of refurbishment processes are expected to be automated.
Service Model Innovation: Equipment leasing + pay-per-use models will account for 30% of the market share.


(2) Key Investment Areas
New Energy Testing Equipment: Annual growth of 25% in demand for refurbished battery testing machines
Semiconductor Testing Equipment: Significant market potential for refurbished chip packaging testing machines
Biomedical Instruments: A 40% gap in refurbishment services for freeze dryers and other equipment