Report overview
Non-destructive Test Equipment (NDT) identifies coating thickness, wall thickness, defects, corrosion, spot welds and other weaknesses in industrial equipment as well as bridges, pipes, buildings, furniture, etc. It is also can be used for composites, hardness, leak detection etc.Ultrasonic testing (UT) is a form of non-destructive testing (NDT) that uses high-frequency sound waves to characterize the thickness or internal structure of a given sample. The frequencies used for UT are usually in the range of 500 kHz to 20 Mhz.As a NDT method, UT is ideal for detecting defects, flaws, and welds. Regular UT inspections are also ideal for checking existing equipment, such as piping, for corrosion and are therefore an integral part of any predictive maintenance program.
This report aims to provide a comprehensive presentation of the global market for Ultrasonic Non-destructive Test Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ultrasonic Non-destructive Test Equipment. This report contains market size and forecasts of Ultrasonic Non-destructive Test Equipment in global, including the following market information:
Global Ultrasonic Non-destructive Test Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Ultrasonic Non-destructive Test Equipment Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Ultrasonic Non-destructive Test Equipment companies in 2022 (%)
The global Ultrasonic Non-destructive Test Equipment market was valued at US$ 531.9 million in 2022 and is projected to reach US$ 776.4 million by 2029, at a CAGR of 5.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global?top 5 players?of?Ultrasonic Non-destructive Test Equipment occupied for 56% of?the?market,?including Baker Hughes (Waygate Technologies), Olympus (Evident), Mistras, Sonotron NDT, Karl Deutsch. Asia-Pacific is?the?largest?market?of Ultrasonic Non-destructive Test Equipment,?holding?a?share?over 38%. Then Europe takes?32%. In?terms?of?type,?Flaw Detectors shares?over?57% of?the?market,?while Thickness Gauges shares 24%. In?terms?of?application, Industrial and Automotive shares?the?largest?percent?of?nearly 41%.
We surveyed the Ultrasonic Non-destructive Test Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Ultrasonic Non-destructive Test Equipment Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Ultrasonic Non-destructive Test Equipment Market Segment Percentages, by Type, 2022 (%)
Thickness Gauges
Flaw Detectors
Other UT Tester
Global Ultrasonic Non-destructive Test Equipment Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Ultrasonic Non-destructive Test Equipment Market Segment Percentages, by Application, 2022 (%)
Industrial and Automotive
Oil and Gas
Power and Energy
Aerospace and Transportation
Electronics
Other
Global Ultrasonic Non-destructive Test Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Ultrasonic Non-destructive Test Equipment Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Ultrasonic Non-destructive Test Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Ultrasonic Non-destructive Test Equipment revenues share in global market, 2022 (%)
Key companies Ultrasonic Non-destructive Test Equipment sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Ultrasonic Non-destructive Test Equipment sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Baker Hughes (Waygate Technologies)
Olympus (Evident)
Mistras
Eddyfi Technologies
Sonatest
NOVOTEST
SONOTEC GmbH
Elcometer
DeFelsko Corporation
Karl Deutsch
PCE Instruments
Sonotron NDT
Screening Eagle Technologies
NDT Systems
Ryoden Shonan
Modsonic
Cygnus
Mitech
Nantong YouLian
Wuhan Zhongke Innovation
Outline of Major Chapters:
Chapter 1: Introduces the definition of Ultrasonic Non-destructive Test Equipment, market overview.
Chapter 2: Global Ultrasonic Non-destructive Test Equipment market size in revenue and volume.
Chapter 3: Detailed analysis of Ultrasonic Non-destructive Test Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Ultrasonic Non-destructive Test Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Ultrasonic Non-destructive Test Equipment capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
