Ultrasonic NDT Equipment Market Size By Application, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030 (Financial Impact Analysis)
ID : MRU_
54614 | Date :
Jan, 2023 | Pages :
168 | Region : Global |
Publisher : RI
Ultrasonic NDT equipment is used to inspect or evaluate the discontinuities in character with respect to materials, assemblies or components without hampering or tearing down the serviceability of the part or system. These inspection or evaluation are primarily done to determine the physical properties of materials which includes impact resistance, ultimate tensile strength, ductility, fatigue strength and fracture toughness. Amongst the benefit, ultrasonic NDT equipment helps in lowering the cost of production and maintain a uniform quality level.
Increasing investment in Oil & gas sector coupled with growing infrastructural development around the world is expected to fuel the demand for pipelines, these pipelines are regularly tested for leaks through ultrasonic NDT equipment, which in turn is anticipated to drive the market for ultrasonic NDT equipment market over the forecast period. Additionally, growing industrialization and urbanization have led to the considerable rise in power consumption, which in turn has resulted into heavy loads during peak hours, the ability of ultrasonic NDT equipment to ensure a proper balance of loads is gaining preference from power generation industry and is expected to have significant growth over the forecast period. Moreover, increasing demand from aerospace & defense sector for ensuring safety and technology advancement in ultrasonic NDT equipment such as testing of steel and other alloys is further expected to fuel the demand for ultrasonic NDT equipment over the forecast period.
North America is estimated to be the major revenue contributor to the market throughout the forecast period. Factors such as the constant demand for crude oil from countries such as the US, Canada, and Mexico and the focus of automotive manufacturers in the US toward enhancing their production processes will fuel market growth in this region.
The Global Ultrasonic NDT Equipment Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023-2030.
In the global Ultrasonic NDT Equipment Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
GE Measurement & Control
Olympus Corporation
Magnaflux
Zetec
Proceq
Sonatest
Huari
Zhongke Innovation
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Portable Equipment
Standby Equipment
In Market segmentation by applications :
Electricity
Oil and Gas
Automotive
Aerospace
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Ultrasonic NDT Equipment Market for the forecast period 2023-2030?
• What are the driving forces in the Ultrasonic NDT Equipment Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Ultrasonic NDT Equipment industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
Table of Contents
1 Report Overview
1.1 Research Scope
1.2 Major Manufacturers Covered in This Report
1.3 Market Segment by Type
1.3.1 Global Ultrasonic NDT Equipment Market Size Growth Rate by Type (2020-2030)
1.3.2 Portable Equipment
1.3.3 Standby Equipment
1.4 Market Segment by Application
1.4.1 Global Ultrasonic NDT Equipment Market Share by Application (2020-2030)
1.4.2 Electricity
1.4.3 Oil and Gas
1.4.4 Automotive
1.4.5 Aerospace
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Production and Capacity Analysis
2.1.1 Global Ultrasonic NDT Equipment Production Value 2015-2030
2.1.2 Global Ultrasonic NDT Equipment Production 2015-2030
2.1.3 Global Ultrasonic NDT Equipment Capacity 2015-2030
2.1.4 Global Ultrasonic NDT Equipment Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2020-2030
2.2.1 Global Ultrasonic NDT Equipment Market Size CAGR of Key Regions
2.2.2 Global Ultrasonic NDT Equipment Market Share of Key Regions
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
3 Market Share by Manufacturers
3.1 Capacity and Production by Manufacturers
3.1.1 Global Ultrasonic NDT Equipment Capacity by Manufacturers
3.1.2 Global Ultrasonic NDT Equipment Production by Manufacturers
3.2 Revenue by Manufacturers
3.2.1 Ultrasonic NDT Equipment Revenue by Manufacturers (2018-2022)
3.2.2 Ultrasonic NDT Equipment Revenue Share by Manufacturers (2018-2022)
3.2.3 Global Ultrasonic NDT Equipment Market Concentration Ratio (CR5 and HHI)
3.3 Ultrasonic NDT Equipment Price by Manufacturers
3.4 Key Manufacturers Ultrasonic NDT Equipment Plants/Factories Distribution and Area Served
3.5 Date of Key Manufacturers Enter into Ultrasonic NDT Equipment Market
3.6 Key Manufacturers Ultrasonic NDT Equipment Product Offered
3.7 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
4.1 Production and Production Value for Each Type
4.1.1 Portable Equipment Production and Production Value (2018-2022)
4.1.2 Standby Equipment Production and Production Value (2018-2022)
4.2 Global Ultrasonic NDT Equipment Production Market Share by Type
4.3 Global Ultrasonic NDT Equipment Production Value Market Share by Type
4.4 Ultrasonic NDT Equipment Ex-factory Price by Type
5 Market Size by Application
5.1 Overview
5.2 Global Ultrasonic NDT Equipment Consumption by Application
6 Production by Regions
6.1 Global Ultrasonic NDT Equipment Production (History Data) by Regions 2015-2020
6.2 Global Ultrasonic NDT Equipment Production Value (History Data) by Regions
6.3 United States
6.3.1 United States Ultrasonic NDT Equipment Production Growth Rate 2015-2020
6.3.2 United States Ultrasonic NDT Equipment Production Value Growth Rate 2015-2020
6.3.3 Key Players in United States
6.3.4 United States Ultrasonic NDT Equipment Import & Export
6.4 European Union
6.4.1 European Union Ultrasonic NDT Equipment Production Growth Rate 2015-2020
6.4.2 European Union Ultrasonic NDT Equipment Production Value Growth Rate 2015-2020
6.4.3 Key Players in European Union
6.4.4 European Union Ultrasonic NDT Equipment Import & Export
6.5 China
6.5.1 China Ultrasonic NDT Equipment Production Growth Rate 2015-2020
6.5.2 China Ultrasonic NDT Equipment Production Value Growth Rate 2015-2020
6.5.3 Key Players in China
6.5.4 China Ultrasonic NDT Equipment Import & Export
6.6 Rest of World
6.6.1 Japan
6.6.2 Korea
6.6.3 India
6.6.4 Southeast Asia
7 Ultrasonic NDT Equipment Consumption by Regions
7.1 Global Ultrasonic NDT Equipment Consumption (History Data) by Regions
7.2 United States
7.2.1 United States Ultrasonic NDT Equipment Consumption by Type
7.2.2 United States Ultrasonic NDT Equipment Consumption by Application
7.3 European Union
7.3.1 European Union Ultrasonic NDT Equipment Consumption by Type
7.3.2 European Union Ultrasonic NDT Equipment Consumption by Application
7.4 China
7.4.1 China Ultrasonic NDT Equipment Consumption by Type
7.4.2 China Ultrasonic NDT Equipment Consumption by Application
7.5 Rest of World
7.5.1 Rest of World Ultrasonic NDT Equipment Consumption by Type
7.5.2 Rest of World Ultrasonic NDT Equipment Consumption by Application
7.5.1 Japan
7.5.2 Korea
7.5.3 India
7.5.4 Southeast Asia
8 Company Profiles
8.1 GE Measurement & Control
8.1.1 GE Measurement & Control Company Details
8.1.2 Company Description and Business Overview
8.1.3 Production and Revenue of Ultrasonic NDT Equipment
8.1.4 Ultrasonic NDT Equipment Product Introduction
8.1.5 GE Measurement & Control Recent Development
8.2 Olympus Corporation
8.2.1 Olympus Corporation Company Details
8.2.2 Company Description and Business Overview
8.2.3 Production and Revenue of Ultrasonic NDT Equipment
8.2.4 Ultrasonic NDT Equipment Product Introduction
8.2.5 Olympus Corporation Recent Development
8.3 Magnaflux
8.3.1 Magnaflux Company Details
8.3.2 Company Description and Business Overview
8.3.3 Production and Revenue of Ultrasonic NDT Equipment
8.3.4 Ultrasonic NDT Equipment Product Introduction
8.3.5 Magnaflux Recent Development
8.4 Zetec
8.4.1 Zetec Company Details
8.4.2 Company Description and Business Overview
8.4.3 Production and Revenue of Ultrasonic NDT Equipment
8.4.4 Ultrasonic NDT Equipment Product Introduction
8.4.5 Zetec Recent Development
8.5 Proceq
8.5.1 Proceq Company Details
8.5.2 Company Description and Business Overview
8.5.3 Production and Revenue of Ultrasonic NDT Equipment
8.5.4 Ultrasonic NDT Equipment Product Introduction
8.5.5 Proceq Recent Development
8.6 Sonatest
8.6.1 Sonatest Company Details
8.6.2 Company Description and Business Overview
8.6.3 Production and Revenue of Ultrasonic NDT Equipment
8.6.4 Ultrasonic NDT Equipment Product Introduction
8.6.5 Sonatest Recent Development
8.7 Huari
8.7.1 Huari Company Details
8.7.2 Company Description and Business Overview
8.7.3 Production and Revenue of Ultrasonic NDT Equipment
8.7.4 Ultrasonic NDT Equipment Product Introduction
8.7.5 Huari Recent Development
8.8 Zhongke Innovation
8.8.1 Zhongke Innovation Company Details
8.8.2 Company Description and Business Overview
8.8.3 Production and Revenue of Ultrasonic NDT Equipment
8.8.4 Ultrasonic NDT Equipment Product Introduction
8.8.5 Zhongke Innovation Recent Development
9 Market Forecast
9.1 Global Market Size Forecast
9.1.1 Global Ultrasonic NDT Equipment Capacity, Production Forecast 2020-2030
9.1.2 Global Ultrasonic NDT Equipment Production Value Forecast 2020-2030
9.2 Market Forecast by Regions
9.2.1 Global Ultrasonic NDT Equipment Production and Value Forecast by Regions 2020-2030
9.2.2 Global Ultrasonic NDT Equipment Consumption Forecast by Regions 2020-2030
9.3 United States
9.3.1 Production and Value Forecast in United States
9.3.2 Consumption Forecast in United States
9.4 European Union
9.4.1 Production and Value Forecast in European Union
9.4.2 Consumption Forecast in European Union
9.5 China
9.5.1 Production and Value Forecast in China
9.5.2 Consumption Forecast in China
9.6 Rest of World
9.6.1 Japan
9.6.2 Korea
9.6.3 India
9.6.4 Southeast Asia
9.7 Forecast by Type
9.7.1 Global Ultrasonic NDT Equipment Production Forecast by Type
9.7.2 Global Ultrasonic NDT Equipment Production Value Forecast by Type
9.8 Consumption Forecast by Application
11 Opportunities & Challenges, Threat and Affecting Factors
11.1 Market Opportunities
11.2 Market Challenges
11.3 Porters Five Forces Analysis
12 Key Findings
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
Research Methodology
The Market Research Update offers technology-driven solutions and its full integration in the research process to be skilled at every step. We use diverse assets to produce the best results for our clients. The success of a research project is completely reliant on the research process adopted by the company. Market Research Update assists its clients to recognize opportunities by examining the global market and offering economic insights. We are proud of our extensive coverage that encompasses the understanding of numerous major industry domains.
Market Research Update provide consistency in our research report, also we provide on the part of the analysis of forecast across a gamut of coverage geographies and coverage. The research teams carry out primary and secondary research to implement and design the data collection procedure. The research team then analyzes data about the latest trends and major issues in reference to each industry and country. This helps to determine the anticipated market-related procedures in the future. The company offers technology-driven solutions and its full incorporation in the research method to be skilled at each step.
The Company's Research Process Has the Following Advantages:
Information Procurement
The step comprises the procurement of market-related information or data via different methodologies & sources.
Information Investigation
This step comprises the mapping and investigation of all the information procured from the earlier step. It also includes the analysis of data differences observed across numerous data sources.
Highly Authentic Source
We offer highly authentic information from numerous sources. To fulfills the client’s requirement.
Market Formulation
This step entails the placement of data points at suitable market spaces in an effort to assume possible conclusions. Analyst viewpoint and subject matter specialist based examining the form of market sizing also plays an essential role in this step.
Validation & Publishing of Information
Validation is a significant step in the procedure. Validation via an intricately designed procedure assists us to conclude data-points to be used for final calculations.
We are flexible and responsive startup research firm. We adapt as your research requires change, with cost-effectiveness and highly researched report that larger companies can't match.
Information Safety
Market Research Update ensure that we deliver best reports. We care about the confidential and personal information quality, safety, of reports. We use Authorize secure payment process.
We Are Committed to Quality and Deadlines
We offer quality of reports within deadlines. We've worked hard to find the best ways to offer our customers results-oriented and process driven consulting services.
Our Remarkable Track Record
We concentrate on developing lasting and strong client relationship. At present, we hold numerous preferred relationships with industry leading firms that have relied on us constantly for their research requirements.
Best Service Assured
Buy reports from our executives that best suits your need and helps you stay ahead of the competition.
Customized Research Reports
Our research services are custom-made especially to you and your firm in order to discover practical growth recommendations and strategies. We don't stick to a one size fits all strategy. We appreciate that your business has particular research necessities.
Service Assurance
At Market Research Update, we are dedicated to offer the best probable recommendations and service to all our clients. You will be able to speak to experienced analyst who will be aware of your research requirements precisely.