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Ultrasonic Testing Market Charting Growth Trajectories: Analysis and Forecasts 2024-2032

Ultrasonic Testing Market by Type (Time-Of-Flight Diffraction, Phased Array, Immersion Testing, Guided-Wave Testing, Acoustography), by Equipment (Flaw Detectors, Thickness Gauges, Transducers & Probes, Industrial Scanners), by Service (Inspection, Equipment Rental, Calibration), by Vertical (Manufacturing, Oil & Gas, Aerospace, Automotive, Power Generation), by By Geography (North America), by Europe (The U.K., Germany, France, Italy, Russia, Rest of Europe), by Asia Pacific (Japan, China, India, Rest of Asia Pacific), by Rest of the World (Latin America, The Middle East & Africa) Forecast 2024-2032

Oct 5 2024
Base Year: 2023
160 Pages
Market Research Future Logo

Ultrasonic Testing Market Charting Growth Trajectories: Analysis and Forecasts 2024-2032

Key Insights

The Ultrasonic Testing Market size was valued at USD 2,297.2 USD million in 2023 and is projected to reach USD XXX USD million by 2032, exhibiting a CAGR of 5.7 % during the forecast period. Ultrasonic testing (UT) includes a number of non-destructive testing (NDT) methods that transmit ultrasonic waves through an object or material. These high frequency sound waves are emitted to materials to characterize the material or detect defects. This test is often used in industry to detect defects or measure material thickness. Corrosion, cracks or other defects are indicated by a returning sound wave. The sound waves send back a signal in the form of a 3D visualization that can tell the distance between each anomaly. The ultrasonic testing market is poised for significant growth due to quality control efficiency, growing demand from key industries and technological advancements

Ultrasonic Testing Trends

  • Increasing demand for non-destructive testing technologies: Ultrasonic testing is a non-destructive testing method that provides accurate and reliable results, which is driving its adoption across various industries.
  • Advancements in technology: The development of new ultrasonic testing equipment and techniques is improving the accuracy, sensitivity, and ease of use of ultrasonic testing.
  • Growing awareness of safety and reliability: Ultrasonic testing is essential for ensuring the safety and reliability of critical components in various industries, such as aerospace, automotive, and power generation.

Driving Forces: What's Propelling the Ultrasonic Testing Market

  • Rising emphasis on product quality and reliability: Manufacturers prioritize ultrasonic testing to detect and eliminate defects, ensuring product excellence and minimizing liability risks.
  • Stricter regulatory mandates: Government entities worldwide enforce stringent regulations for product safety and quality, making ultrasonic testing essential for compliance.
  • Elevated infrastructure development investments: Increased need for modern infrastructure, including bridges, highways, and structures, necessitates ultrasonic testing for quality control and inspection.
  • Growing internet of things (IoT) applications: The proliferation of IoT devices in various industries amplifies the demand for ultrasonic testing to ensure the reliability and safety of these interconnected systems.

Challenges and Restraints in Ultrasonic Testing Market

  • High cost of equipment: Ultrasonic testing equipment can be expensive, especially for advanced systems and specialized applications.
  • Skill-intensive operation: Ultrasonic testing requires skilled technicians with specialized training, which can be a limiting factor for some industries.
  • Limited visibility in certain materials: Ultrasonic waves may not penetrate well through certain materials, such as composites and porous materials, limiting the effectiveness of testing.

Emerging Trends in Ultrasonic Testing

  • Digitalization and automation: The integration of digital technologies and automation in ultrasonic testing is improving the efficiency and accuracy of inspections.
  • Remote monitoring and reporting: Advancements in connectivity and remote sensing allow for real-time monitoring and reporting of ultrasonic testing results, enabling faster decision-making.
  • Artificial intelligence and machine learning: AI and ML algorithms are being used to enhance the interpretation of ultrasonic testing data, improve defect detection, and optimize inspection processes.

Growth Catalysts in Ultrasonic Testing Industry

  • Expanding end-use verticals: The growth of industries such as aerospace, automotive, manufacturing, and energy will drive the demand for ultrasonic testing in quality control, inspection, and non-destructive testing applications.
  • Government initiatives for infrastructure development: Infrastructure projects spearheaded by governments offer substantial opportunities for ultrasonic testing in construction, maintenance, and repair activities.
  • Heightened awareness of safety and quality: Increased consumer awareness about product safety and reliability fosters the adoption of ultrasonic testing across multiple sectors, including defense and medical.
  • Advancements in ultrasonic technology: Technological advancements in ultrasonic transducers, signal processing algorithms, and automation are enhancing the accuracy, efficiency, and accessibility of ultrasonic testing methods.

Market Segmentation: Ultrasonic Testing Analysis

Type:

  • Time-Of-Flight Diffraction
  • Phased Array
  • Immersion Testing
  • Guided-Wave Testing
  • Acoustography

Equipment:

  • Flaw Detectors
  • Thickness Gauges
  • Transducers & Probes
  • Industrial Scanners

Service:

  • Inspection
  • Equipment Rental
  • Calibration

Vertical:

  • Manufacturing
  • Oil & Gas
  • Aerospace
  • Automotive
  • Power Generation

Leading Players in the Ultrasonic Testing Market

  • Amerapex Corporation
  • Applied Technical Services, Inc.
  • Ashtead Technology
  • General Electric
  • Mistras Group
  • NDT Global GmbH & Co. Kg
  • Nikon Metrology
  • Olympus Corporation
  • Sonatest Ltd.
  • Tecscan Systems Inc.
  • TD Williamson, Inc.

Significant developments in Ultrasonic Testing Sector

  • Olympus's development of the OmniScan X3 flaw detector, which combines advanced imaging capabilities with AI-powered defect characterization.
  • Mistras Group's launch of the IntelliSpect 5000 ultrasonic thickness gauge, which offers high-speed and accuracy for non-contact thickness measurement.
  • NDT Global's acquisition of Ashtead Technology, strengthening its global presence and service offerings in the ultrasonic testing market.

Comprehensive Coverage Ultrasonic Testing Market Report

This report provides a comprehensive analysis of the Ultrasonic Testing market, including:

  • Market size and growth forecast
  • Market drivers and challenges
  • Product segmentation and analysis
  • Competitive landscape and key players
  • Regional insights
  • Industry trends and developments

Regional Insight

The Ultrasonic Testing market is expected to grow at a significant pace in all regions, with Asia-Pacific and North America leading the growth. Countries such as China, India, and the United States are expected to drive the market due to the expansion of various industries and the increasing emphasis on quality control and product safety.

Ultrasonic Testing Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 5.7% from 2018-2032
Segmentation
    • By Type
      • Time-Of-Flight Diffraction
      • Phased Array
      • Immersion Testing
      • Guided-Wave Testing
      • Acoustography
    • By Equipment
      • Flaw Detectors
      • Thickness Gauges
      • Transducers & Probes
      • Industrial Scanners
    • By Service
      • Inspection
      • Equipment Rental
      • Calibration
    • By Vertical
      • Manufacturing
      • Oil & Gas
      • Aerospace
      • Automotive
      • Power Generation
  • By Geography
    • By Geography
      • North America
    • Europe
      • The U.K.
      • Germany
      • France
      • Italy
      • Russia
      • Rest of Europe
    • Asia Pacific
      • Japan
      • China
      • India
      • Rest of Asia Pacific
    • Rest of the World
      • Latin America
      • The Middle East & Africa

Frequently Asked Questions

Table Of Content
  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Adoption of Highly Advanced Anti-Aircraft Missiles Systems to Drive Industry
      • 3.3. Market Restrains
        • 3.3.1. High Cost of Ultrasonic Equipment May Impede Market Growth
      • 3.4. Market Trends
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Global Ultrasonic Testing Market Analysis, Insights and Forecast, 2018-2030
    • 5.1. Market Analysis, Insights and Forecast - by Type
      • 5.1.1. Time-Of-Flight Diffraction
      • 5.1.2. Phased Array
      • 5.1.3. Immersion Testing
      • 5.1.4. Guided-Wave Testing
      • 5.1.5. Acoustography
    • 5.2. Market Analysis, Insights and Forecast - by Equipment
      • 5.2.1. Flaw Detectors
      • 5.2.2. Thickness Gauges
      • 5.2.3. Transducers & Probes
      • 5.2.4. Industrial Scanners
    • 5.3. Market Analysis, Insights and Forecast - by Service
      • 5.3.1. Inspection
      • 5.3.2. Equipment Rental
      • 5.3.3. Calibration
    • 5.4. Market Analysis, Insights and Forecast - by Vertical
      • 5.4.1. Manufacturing
      • 5.4.2. Oil & Gas
      • 5.4.3. Aerospace
      • 5.4.4. Automotive
      • 5.4.5. Power Generation
    • 5.5. Market Analysis, Insights and Forecast - by Region
      • 5.5.1. By Geography
      • 5.5.2. Europe
      • 5.5.3. Asia Pacific
      • 5.5.4. Rest of the World
  6. 6. By Geography Ultrasonic Testing Market Analysis, Insights and Forecast, 2018-2030
    • 6.1. Market Analysis, Insights and Forecast - by Type
      • 6.1.1. Time-Of-Flight Diffraction
      • 6.1.2. Phased Array
      • 6.1.3. Immersion Testing
      • 6.1.4. Guided-Wave Testing
      • 6.1.5. Acoustography
    • 6.2. Market Analysis, Insights and Forecast - by Equipment
      • 6.2.1. Flaw Detectors
      • 6.2.2. Thickness Gauges
      • 6.2.3. Transducers & Probes
      • 6.2.4. Industrial Scanners
    • 6.3. Market Analysis, Insights and Forecast - by Service
      • 6.3.1. Inspection
      • 6.3.2. Equipment Rental
      • 6.3.3. Calibration
    • 6.4. Market Analysis, Insights and Forecast - by Vertical
      • 6.4.1. Manufacturing
      • 6.4.2. Oil & Gas
      • 6.4.3. Aerospace
      • 6.4.4. Automotive
      • 6.4.5. Power Generation
  7. 7. Europe Ultrasonic Testing Market Analysis, Insights and Forecast, 2018-2030
    • 7.1. Market Analysis, Insights and Forecast - by Type
      • 7.1.1. Time-Of-Flight Diffraction
      • 7.1.2. Phased Array
      • 7.1.3. Immersion Testing
      • 7.1.4. Guided-Wave Testing
      • 7.1.5. Acoustography
    • 7.2. Market Analysis, Insights and Forecast - by Equipment
      • 7.2.1. Flaw Detectors
      • 7.2.2. Thickness Gauges
      • 7.2.3. Transducers & Probes
      • 7.2.4. Industrial Scanners
    • 7.3. Market Analysis, Insights and Forecast - by Service
      • 7.3.1. Inspection
      • 7.3.2. Equipment Rental
      • 7.3.3. Calibration
    • 7.4. Market Analysis, Insights and Forecast - by Vertical
      • 7.4.1. Manufacturing
      • 7.4.2. Oil & Gas
      • 7.4.3. Aerospace
      • 7.4.4. Automotive
      • 7.4.5. Power Generation
  8. 8. Asia Pacific Ultrasonic Testing Market Analysis, Insights and Forecast, 2018-2030
    • 8.1. Market Analysis, Insights and Forecast - by Type
      • 8.1.1. Time-Of-Flight Diffraction
      • 8.1.2. Phased Array
      • 8.1.3. Immersion Testing
      • 8.1.4. Guided-Wave Testing
      • 8.1.5. Acoustography
    • 8.2. Market Analysis, Insights and Forecast - by Equipment
      • 8.2.1. Flaw Detectors
      • 8.2.2. Thickness Gauges
      • 8.2.3. Transducers & Probes
      • 8.2.4. Industrial Scanners
    • 8.3. Market Analysis, Insights and Forecast - by Service
      • 8.3.1. Inspection
      • 8.3.2. Equipment Rental
      • 8.3.3. Calibration
    • 8.4. Market Analysis, Insights and Forecast - by Vertical
      • 8.4.1. Manufacturing
      • 8.4.2. Oil & Gas
      • 8.4.3. Aerospace
      • 8.4.4. Automotive
      • 8.4.5. Power Generation
  9. 9. Rest of the World Ultrasonic Testing Market Analysis, Insights and Forecast, 2018-2030
    • 9.1. Market Analysis, Insights and Forecast - by Type
      • 9.1.1. Time-Of-Flight Diffraction
      • 9.1.2. Phased Array
      • 9.1.3. Immersion Testing
      • 9.1.4. Guided-Wave Testing
      • 9.1.5. Acoustography
    • 9.2. Market Analysis, Insights and Forecast - by Equipment
      • 9.2.1. Flaw Detectors
      • 9.2.2. Thickness Gauges
      • 9.2.3. Transducers & Probes
      • 9.2.4. Industrial Scanners
    • 9.3. Market Analysis, Insights and Forecast - by Service
      • 9.3.1. Inspection
      • 9.3.2. Equipment Rental
      • 9.3.3. Calibration
    • 9.4. Market Analysis, Insights and Forecast - by Vertical
      • 9.4.1. Manufacturing
      • 9.4.2. Oil & Gas
      • 9.4.3. Aerospace
      • 9.4.4. Automotive
      • 9.4.5. Power Generation
  10. 10. North America Ultrasonic Testing Market Analysis, Insights and Forecast, 2018-2030
      • 10.1. Market Analysis, Insights and Forecast - By Type
        • 10.1.1 Time-Of-Flight Diffraction
        • 10.1.2 Phased Array
        • 10.1.3 Immersion Testing
        • 10.1.4 Guided-Wave Testing
        • 10.1.5 Acoustography
      • 10.2. Market Analysis, Insights and Forecast - By Equipment
        • 10.2.1 Flaw Detectors
        • 10.2.2 Thickness Gauges
        • 10.2.3 Transducers & Probes
        • 10.2.4 Industrial Scanners
      • 10.3. Market Analysis, Insights and Forecast - By Service
        • 10.3.1 Inspection
        • 10.3.2 Equipment Rental
        • 10.3.3 Calibration
      • 10.4. Market Analysis, Insights and Forecast - By Vertical
        • 10.4.1 Manufacturing
        • 10.4.2 Oil & Gas
        • 10.4.3 Aerospace
        • 10.4.4 Automotive
        • 10.4.5 Power Generation
      • 10.5. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 10.5.1 The U.S.
        • 10.5.2 Canada
        • 10.5.3 Mexico
  11. 11. Europe Ultrasonic Testing Market Analysis, Insights and Forecast, 2018-2030
      • 11.1. Market Analysis, Insights and Forecast - By Type
        • 11.1.1 Time-Of-Flight Diffraction
        • 11.1.2 Phased Array
        • 11.1.3 Immersion Testing
        • 11.1.4 Guided-Wave Testing
        • 11.1.5 Acoustography
      • 11.2. Market Analysis, Insights and Forecast - By Equipment
        • 11.2.1 Flaw Detectors
        • 11.2.2 Thickness Gauges
        • 11.2.3 Transducers & Probes
        • 11.2.4 Industrial Scanners
      • 11.3. Market Analysis, Insights and Forecast - By Service
        • 11.3.1 Inspection
        • 11.3.2 Equipment Rental
        • 11.3.3 Calibration
      • 11.4. Market Analysis, Insights and Forecast - By Vertical
        • 11.4.1 Manufacturing
        • 11.4.2 Oil & Gas
        • 11.4.3 Aerospace
        • 11.4.4 Automotive
        • 11.4.5 Power Generation
      • 11.5. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 11.5.1 The U.K.
        • 11.5.2 Germany
        • 11.5.3 France
        • 11.5.4 Italy
        • 11.5.5 Russia
        • 11.5.6 Rest of Europe
  12. 12. Asia Pacific Ultrasonic Testing Market Analysis, Insights and Forecast, 2018-2030
      • 12.1. Market Analysis, Insights and Forecast - By Type
        • 12.1.1 Time-Of-Flight Diffraction
        • 12.1.2 Phased Array
        • 12.1.3 Immersion Testing
        • 12.1.4 Guided-Wave Testing
        • 12.1.5 Acoustography
      • 12.2. Market Analysis, Insights and Forecast - By Equipment
        • 12.2.1 Flaw Detectors
        • 12.2.2 Thickness Gauges
        • 12.2.3 Transducers & Probes
        • 12.2.4 Industrial Scanners
      • 12.3. Market Analysis, Insights and Forecast - By Service
        • 12.3.1 Inspection
        • 12.3.2 Equipment Rental
        • 12.3.3 Calibration
      • 12.4. Market Analysis, Insights and Forecast - By Vertical
        • 12.4.1 Manufacturing
        • 12.4.2 Oil & Gas
        • 12.4.3 Aerospace
        • 12.4.4 Automotive
        • 12.4.5 Power Generation
      • 12.5. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 12.5.1 Japan
        • 12.5.2 China
        • 12.5.3 India
        • 12.5.4 Rest of Asia Pacific
  13. 13. Rest of the World Ultrasonic Testing Market Analysis, Insights and Forecast, 2018-2030
      • 13.1. Market Analysis, Insights and Forecast - By Type
        • 13.1.1 Time-Of-Flight Diffraction
        • 13.1.2 Phased Array
        • 13.1.3 Immersion Testing
        • 13.1.4 Guided-Wave Testing
        • 13.1.5 Acoustography
      • 13.2. Market Analysis, Insights and Forecast - By Equipment
        • 13.2.1 Flaw Detectors
        • 13.2.2 Thickness Gauges
        • 13.2.3 Transducers & Probes
        • 13.2.4 Industrial Scanners
      • 13.3. Market Analysis, Insights and Forecast - By Service
        • 13.3.1 Inspection
        • 13.3.2 Equipment Rental
        • 13.3.3 Calibration
      • 13.4. Market Analysis, Insights and Forecast - By Vertical
        • 13.4.1 Manufacturing
        • 13.4.2 Oil & Gas
        • 13.4.3 Aerospace
        • 13.4.4 Automotive
        • 13.4.5 Power Generation
      • 13.5. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 13.5.1 Latin America
        • 13.5.2 The Middle East & Africa
  14. 14. Competitive Analysis
    • 14.1. Global Market Share Analysis 2023
      • 14.2. Company Profiles
        • 14.2.1 Amerapex Corporation (The U.S.)
          • 14.2.1.1. Overview
          • 14.2.1.2. Products
          • 14.2.1.3. SWOT Analysis
          • 14.2.1.4. Recent Developments
          • 14.2.1.5. Financials (Based on Availability)
        • 14.2.2 Applied Technical Services Inc. (The U.S.)
          • 14.2.2.1. Overview
          • 14.2.2.2. Products
          • 14.2.2.3. SWOT Analysis
          • 14.2.2.4. Recent Developments
          • 14.2.2.5. Financials (Based on Availability)
        • 14.2.3 Ashtead Technology (The U.K.)
          • 14.2.3.1. Overview
          • 14.2.3.2. Products
          • 14.2.3.3. SWOT Analysis
          • 14.2.3.4. Recent Developments
          • 14.2.3.5. Financials (Based on Availability)
        • 14.2.4 General Electric (The U.S.)
          • 14.2.4.1. Overview
          • 14.2.4.2. Products
          • 14.2.4.3. SWOT Analysis
          • 14.2.4.4. Recent Developments
          • 14.2.4.5. Financials (Based on Availability)
        • 14.2.5 Mistras Group (The U.S.)
          • 14.2.5.1. Overview
          • 14.2.5.2. Products
          • 14.2.5.3. SWOT Analysis
          • 14.2.5.4. Recent Developments
          • 14.2.5.5. Financials (Based on Availability)
        • 14.2.6 NDT Global GmbH & Co. Kg (The U.S.)
          • 14.2.6.1. Overview
          • 14.2.6.2. Products
          • 14.2.6.3. SWOT Analysis
          • 14.2.6.4. Recent Developments
          • 14.2.6.5. Financials (Based on Availability)
        • 14.2.7 Nikon Metrology (Japan)
          • 14.2.7.1. Overview
          • 14.2.7.2. Products
          • 14.2.7.3. SWOT Analysis
          • 14.2.7.4. Recent Developments
          • 14.2.7.5. Financials (Based on Availability)
        • 14.2.8 Olympus Corporation (Japan)
          • 14.2.8.1. Overview
          • 14.2.8.2. Products
          • 14.2.8.3. SWOT Analysis
          • 14.2.8.4. Recent Developments
          • 14.2.8.5. Financials (Based on Availability)
        • 14.2.9 Sonatest Ltd. (The U.K.)
          • 14.2.9.1. Overview
          • 14.2.9.2. Products
          • 14.2.9.3. SWOT Analysis
          • 14.2.9.4. Recent Developments
          • 14.2.9.5. Financials (Based on Availability)
        • 14.2.10 Tecscan Systems Inc. (Canada)
          • 14.2.10.1. Overview
          • 14.2.10.2. Products
          • 14.2.10.3. SWOT Analysis
          • 14.2.10.4. Recent Developments
          • 14.2.10.5. Financials (Based on Availability)
        • 14.2.11 TD Williamson Inc. (The U.S.)
          • 14.2.11.1. Overview
          • 14.2.11.2. Products
          • 14.2.11.3. SWOT Analysis
          • 14.2.11.4. Recent Developments
          • 14.2.11.5. Financials (Based on Availability)
List of Figures
  1. Figure 1: Global Ultrasonic Testing Market Revenue Breakdown (USD million, %) by Region 2023 & 2031
  2. Figure 2: Global Ultrasonic Testing Market Revenue (USD million), by Type 2023 & 2031
  3. Figure 3: Global Ultrasonic Testing Market Revenue Share (%), by Type 2023 & 2031
  4. Figure 4: Global Ultrasonic Testing Market Forecast (USD million), by Time-Of-Flight Diffraction 2020 & 2031
  5. Figure 5: Global Ultrasonic Testing Market Forecast (USD million), by Phased Array 2020 & 2031
  6. Figure 6: Global Ultrasonic Testing Market Forecast (USD million), by Immersion Testing 2020 & 2031
  7. Figure 7: Global Ultrasonic Testing Market Forecast (USD million), by Guided-Wave Testing 2020 & 2031
  8. Figure 8: Global Ultrasonic Testing Market Forecast (USD million), by Acoustography 2020 & 2031
  9. Figure 9: Global Ultrasonic Testing Market Revenue (USD million), by Equipment 2023 & 2031
  10. Figure 10: Global Ultrasonic Testing Market Revenue Share (%), by Equipment 2023 & 2031
  11. Figure 11: Global Ultrasonic Testing Market Forecast (USD million), by Flaw Detectors 2020 & 2031
  12. Figure 12: Global Ultrasonic Testing Market Forecast (USD million), by Thickness Gauges 2020 & 2031
  13. Figure 13: Global Ultrasonic Testing Market Forecast (USD million), by Transducers & Probes 2020 & 2031
  14. Figure 14: Global Ultrasonic Testing Market Forecast (USD million), by Industrial Scanners 2020 & 2031
  15. Figure 15: Global Ultrasonic Testing Market Revenue (USD million), by Service 2023 & 2031
  16. Figure 16: Global Ultrasonic Testing Market Revenue Share (%), by Service 2023 & 2031
  17. Figure 17: Global Ultrasonic Testing Market Forecast (USD million), by Inspection 2020 & 2031
  18. Figure 18: Global Ultrasonic Testing Market Forecast (USD million), by Equipment Rental 2020 & 2031
  19. Figure 19: Global Ultrasonic Testing Market Forecast (USD million), by Calibration 2020 & 2031
  20. Figure 20: Global Ultrasonic Testing Market Revenue (USD million), by Vertical 2023 & 2031
  21. Figure 21: Global Ultrasonic Testing Market Revenue Share (%), by Vertical 2023 & 2031
  22. Figure 22: Global Ultrasonic Testing Market Forecast (USD million), by Manufacturing 2020 & 2031
  23. Figure 23: Global Ultrasonic Testing Market Forecast (USD million), by Oil & Gas 2020 & 2031
  24. Figure 24: Global Ultrasonic Testing Market Forecast (USD million), by Aerospace 2020 & 2031
  25. Figure 25: Global Ultrasonic Testing Market Forecast (USD million), by Automotive 2020 & 2031
  26. Figure 26: Global Ultrasonic Testing Market Forecast (USD million), by Power Generation 2020 & 2031
  27. Figure 27: Global Ultrasonic Testing Market Revenue (USD million), by Region 2023 & 2031
  28. Figure 28: Global Ultrasonic Testing Market Revenue Share (%), by Region 2023 & 2031
  29. Figure 29: North America Ultrasonic Testing Market Revenue (USD million), by Type 2023 & 2031
  30. Figure 30: North America Ultrasonic Testing Market Revenue Share (%), by Type 2023 & 2031
  31. Figure 31: North America Ultrasonic Testing Market Revenue (USD million), by Equipment 2023 & 2031
  32. Figure 32: North America Ultrasonic Testing Market Revenue Share (%), by Equipment 2023 & 2031
  33. Figure 33: North America Ultrasonic Testing Market Revenue (USD million), by Service 2023 & 2031
  34. Figure 34: North America Ultrasonic Testing Market Revenue Share (%), by Service 2023 & 2031
  35. Figure 35: North America Ultrasonic Testing Market Revenue (USD million), by Vertical 2023 & 2031
  36. Figure 36: North America Ultrasonic Testing Market Revenue Share (%), by Vertical 2023 & 2031
  37. Figure 37: North America Ultrasonic Testing Market Revenue (USD million), by Country 2023 & 2031
  38. Figure 38: North America Ultrasonic Testing Market Revenue Share (%), by Country 2023 & 2031
  39. Figure 39: Europe Ultrasonic Testing Market Revenue (USD million), by Type 2023 & 2031
  40. Figure 40: Europe Ultrasonic Testing Market Revenue Share (%), by Type 2023 & 2031
  41. Figure 41: Europe Ultrasonic Testing Market Revenue (USD million), by Equipment 2023 & 2031
  42. Figure 42: Europe Ultrasonic Testing Market Revenue Share (%), by Equipment 2023 & 2031
  43. Figure 43: Europe Ultrasonic Testing Market Revenue (USD million), by Service 2023 & 2031
  44. Figure 44: Europe Ultrasonic Testing Market Revenue Share (%), by Service 2023 & 2031
  45. Figure 45: Europe Ultrasonic Testing Market Revenue (USD million), by Vertical 2023 & 2031
  46. Figure 46: Europe Ultrasonic Testing Market Revenue Share (%), by Vertical 2023 & 2031
  47. Figure 47: Europe Ultrasonic Testing Market Revenue (USD million), by Country 2023 & 2031
  48. Figure 48: Europe Ultrasonic Testing Market Revenue Share (%), by Country 2023 & 2031
  49. Figure 49: Asia Pacific Ultrasonic Testing Market Revenue (USD million), by Type 2023 & 2031
  50. Figure 50: Asia Pacific Ultrasonic Testing Market Revenue Share (%), by Type 2023 & 2031
  51. Figure 51: Asia Pacific Ultrasonic Testing Market Revenue (USD million), by Equipment 2023 & 2031
  52. Figure 52: Asia Pacific Ultrasonic Testing Market Revenue Share (%), by Equipment 2023 & 2031
  53. Figure 53: Asia Pacific Ultrasonic Testing Market Revenue (USD million), by Service 2023 & 2031
  54. Figure 54: Asia Pacific Ultrasonic Testing Market Revenue Share (%), by Service 2023 & 2031
  55. Figure 55: Asia Pacific Ultrasonic Testing Market Revenue (USD million), by Vertical 2023 & 2031
  56. Figure 56: Asia Pacific Ultrasonic Testing Market Revenue Share (%), by Vertical 2023 & 2031
  57. Figure 57: Asia Pacific Ultrasonic Testing Market Revenue (USD million), by Country 2023 & 2031
  58. Figure 58: Asia Pacific Ultrasonic Testing Market Revenue Share (%), by Country 2023 & 2031
  59. Figure 59: Rest of the World Ultrasonic Testing Market Revenue (USD million), by Type 2023 & 2031
  60. Figure 60: Rest of the World Ultrasonic Testing Market Revenue Share (%), by Type 2023 & 2031
  61. Figure 61: Rest of the World Ultrasonic Testing Market Revenue (USD million), by Equipment 2023 & 2031
  62. Figure 62: Rest of the World Ultrasonic Testing Market Revenue Share (%), by Equipment 2023 & 2031
  63. Figure 63: Rest of the World Ultrasonic Testing Market Revenue (USD million), by Service 2023 & 2031
  64. Figure 64: Rest of the World Ultrasonic Testing Market Revenue Share (%), by Service 2023 & 2031
  65. Figure 65: Rest of the World Ultrasonic Testing Market Revenue (USD million), by Vertical 2023 & 2031
  66. Figure 66: Rest of the World Ultrasonic Testing Market Revenue Share (%), by Vertical 2023 & 2031
  67. Figure 67: Rest of the World Ultrasonic Testing Market Revenue (USD million), by Country 2023 & 2031
  68. Figure 68: Rest of the World Ultrasonic Testing Market Revenue Share (%), by Country 2023 & 2031
  69. Figure 69: By Geography Ultrasonic Testing Market Revenue (USD million), by Type 2023 & 2031
  70. Figure 70: By Geography Ultrasonic Testing Market Revenue Share (%), by Type 2023 & 2031
  71. Figure 71: By Geography Ultrasonic Testing Market Revenue (USD million), by Equipment 2023 & 2031
  72. Figure 72: By Geography Ultrasonic Testing Market Revenue Share (%), by Equipment 2023 & 2031
  73. Figure 73: By Geography Ultrasonic Testing Market Revenue (USD million), by Service 2023 & 2031
  74. Figure 74: By Geography Ultrasonic Testing Market Revenue Share (%), by Service 2023 & 2031
  75. Figure 75: By Geography Ultrasonic Testing Market Revenue (USD million), by Vertical 2023 & 2031
  76. Figure 76: By Geography Ultrasonic Testing Market Revenue Share (%), by Vertical 2023 & 2031
  77. Figure 77: By Geography Ultrasonic Testing Market Revenue (USD million), by Country 2023 & 2031
  78. Figure 78: By Geography Ultrasonic Testing Market Revenue Share (%), by Country 2023 & 2031
  79. Figure 79: Europe Ultrasonic Testing Market Revenue (USD million), by Type 2023 & 2031
  80. Figure 80: Europe Ultrasonic Testing Market Revenue Share (%), by Type 2023 & 2031
  81. Figure 81: Europe Ultrasonic Testing Market Revenue (USD million), by Equipment 2023 & 2031
  82. Figure 82: Europe Ultrasonic Testing Market Revenue Share (%), by Equipment 2023 & 2031
  83. Figure 83: Europe Ultrasonic Testing Market Revenue (USD million), by Service 2023 & 2031
  84. Figure 84: Europe Ultrasonic Testing Market Revenue Share (%), by Service 2023 & 2031
  85. Figure 85: Europe Ultrasonic Testing Market Revenue (USD million), by Vertical 2023 & 2031
  86. Figure 86: Europe Ultrasonic Testing Market Revenue Share (%), by Vertical 2023 & 2031
  87. Figure 87: Europe Ultrasonic Testing Market Revenue (USD million), by Country 2023 & 2031
  88. Figure 88: Europe Ultrasonic Testing Market Revenue Share (%), by Country 2023 & 2031
  89. Figure 89: Asia Pacific Ultrasonic Testing Market Revenue (USD million), by Type 2023 & 2031
  90. Figure 90: Asia Pacific Ultrasonic Testing Market Revenue Share (%), by Type 2023 & 2031
  91. Figure 91: Asia Pacific Ultrasonic Testing Market Revenue (USD million), by Equipment 2023 & 2031
  92. Figure 92: Asia Pacific Ultrasonic Testing Market Revenue Share (%), by Equipment 2023 & 2031
  93. Figure 93: Asia Pacific Ultrasonic Testing Market Revenue (USD million), by Service 2023 & 2031
  94. Figure 94: Asia Pacific Ultrasonic Testing Market Revenue Share (%), by Service 2023 & 2031
  95. Figure 95: Asia Pacific Ultrasonic Testing Market Revenue (USD million), by Vertical 2023 & 2031
  96. Figure 96: Asia Pacific Ultrasonic Testing Market Revenue Share (%), by Vertical 2023 & 2031
  97. Figure 97: Asia Pacific Ultrasonic Testing Market Revenue (USD million), by Country 2023 & 2031
  98. Figure 98: Asia Pacific Ultrasonic Testing Market Revenue Share (%), by Country 2023 & 2031
  99. Figure 99: Rest of the World Ultrasonic Testing Market Revenue (USD million), by Type 2023 & 2031
  100. Figure 100: Rest of the World Ultrasonic Testing Market Revenue Share (%), by Type 2023 & 2031
  101. Figure 101: Rest of the World Ultrasonic Testing Market Revenue (USD million), by Equipment 2023 & 2031
  102. Figure 102: Rest of the World Ultrasonic Testing Market Revenue Share (%), by Equipment 2023 & 2031
  103. Figure 103: Rest of the World Ultrasonic Testing Market Revenue (USD million), by Service 2023 & 2031
  104. Figure 104: Rest of the World Ultrasonic Testing Market Revenue Share (%), by Service 2023 & 2031
  105. Figure 105: Rest of the World Ultrasonic Testing Market Revenue (USD million), by Vertical 2023 & 2031
  106. Figure 106: Rest of the World Ultrasonic Testing Market Revenue Share (%), by Vertical 2023 & 2031
  107. Figure 107: Rest of the World Ultrasonic Testing Market Revenue (USD million), by Country 2023 & 2031
  108. Figure 108: Rest of the World Ultrasonic Testing Market Revenue Share (%), by Country 2023 & 2031
List of Tables
  1. Table 1: Global Ultrasonic Testing Market Revenue USD million Forecast, by Type 2018 & 2031
  2. Table 2: Global Ultrasonic Testing Market Revenue USD million Forecast, by Equipment 2018 & 2031
  3. Table 3: Global Ultrasonic Testing Market Revenue USD million Forecast, by Service 2018 & 2031
  4. Table 4: Global Ultrasonic Testing Market Revenue USD million Forecast, by Vertical 2018 & 2031
  5. Table 5: Global Ultrasonic Testing Market Revenue USD million Forecast, by Region 2018 & 2031
  6. Table 6: Global Ultrasonic Testing Market Revenue USD million Forecast, by Type 2018 & 2031
  7. Table 7: Global Ultrasonic Testing Market Revenue USD million Forecast, by Equipment 2018 & 2031
  8. Table 8: Global Ultrasonic Testing Market Revenue USD million Forecast, by Service 2018 & 2031
  9. Table 9: Global Ultrasonic Testing Market Revenue USD million Forecast, by Vertical 2018 & 2031
  10. Table 10: Global Ultrasonic Testing Market Revenue USD million Forecast, by Region 2018 & 2031
  11. Table 11: Global Ultrasonic Testing Market Revenue USD million Forecast, by Type 2018 & 2031
  12. Table 12: Global Ultrasonic Testing Market Revenue USD million Forecast, by Equipment 2018 & 2031
  13. Table 13: Global Ultrasonic Testing Market Revenue USD million Forecast, by Service 2018 & 2031
  14. Table 14: Global Ultrasonic Testing Market Revenue USD million Forecast, by Vertical 2018 & 2031
  15. Table 15: Global Ultrasonic Testing Market Revenue USD million Forecast, by Country 2018 & 2031
  16. Table 16: The U.S. Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  17. Table 17: Canada Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  18. Table 18: Mexico Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  19. Table 19: Global Ultrasonic Testing Market Revenue USD million Forecast, by Type 2018 & 2031
  20. Table 20: Global Ultrasonic Testing Market Revenue USD million Forecast, by Equipment 2018 & 2031
  21. Table 21: Global Ultrasonic Testing Market Revenue USD million Forecast, by Service 2018 & 2031
  22. Table 22: Global Ultrasonic Testing Market Revenue USD million Forecast, by Vertical 2018 & 2031
  23. Table 23: Global Ultrasonic Testing Market Revenue USD million Forecast, by Country 2018 & 2031
  24. Table 24: The U.K. Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  25. Table 25: Germany Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  26. Table 26: France Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  27. Table 27: Italy Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  28. Table 28: Russia Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  29. Table 29: Rest of Europe Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  30. Table 30: Global Ultrasonic Testing Market Revenue USD million Forecast, by Type 2018 & 2031
  31. Table 31: Global Ultrasonic Testing Market Revenue USD million Forecast, by Equipment 2018 & 2031
  32. Table 32: Global Ultrasonic Testing Market Revenue USD million Forecast, by Service 2018 & 2031
  33. Table 33: Global Ultrasonic Testing Market Revenue USD million Forecast, by Vertical 2018 & 2031
  34. Table 34: Global Ultrasonic Testing Market Revenue USD million Forecast, by Country 2018 & 2031
  35. Table 35: Japan Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  36. Table 36: China Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  37. Table 37: India Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  38. Table 38: Rest of Asia Pacific Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  39. Table 39: Global Ultrasonic Testing Market Revenue USD million Forecast, by Type 2018 & 2031
  40. Table 40: Global Ultrasonic Testing Market Revenue USD million Forecast, by Equipment 2018 & 2031
  41. Table 41: Global Ultrasonic Testing Market Revenue USD million Forecast, by Service 2018 & 2031
  42. Table 42: Global Ultrasonic Testing Market Revenue USD million Forecast, by Vertical 2018 & 2031
  43. Table 43: Global Ultrasonic Testing Market Revenue USD million Forecast, by Country 2018 & 2031
  44. Table 44: Latin America Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  45. Table 45: The Middle East & Africa Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  46. Table 46: Global Ultrasonic Testing Market Revenue USD million Forecast, by Type 2018 & 2031
  47. Table 47: Global Ultrasonic Testing Market Revenue USD million Forecast, by Equipment 2018 & 2031
  48. Table 48: Global Ultrasonic Testing Market Revenue USD million Forecast, by Service 2018 & 2031
  49. Table 49: Global Ultrasonic Testing Market Revenue USD million Forecast, by Vertical 2018 & 2031
  50. Table 50: Global Ultrasonic Testing Market Revenue USD million Forecast, by Country 2018 & 2031
  51. Table 51: North America Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  52. Table 52: Global Ultrasonic Testing Market Revenue USD million Forecast, by Type 2018 & 2031
  53. Table 53: Global Ultrasonic Testing Market Revenue USD million Forecast, by Equipment 2018 & 2031
  54. Table 54: Global Ultrasonic Testing Market Revenue USD million Forecast, by Service 2018 & 2031
  55. Table 55: Global Ultrasonic Testing Market Revenue USD million Forecast, by Vertical 2018 & 2031
  56. Table 56: Global Ultrasonic Testing Market Revenue USD million Forecast, by Country 2018 & 2031
  57. Table 57: The U.K. Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  58. Table 58: Germany Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  59. Table 59: France Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  60. Table 60: Italy Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  61. Table 61: Russia Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  62. Table 62: Rest of Europe Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  63. Table 63: Global Ultrasonic Testing Market Revenue USD million Forecast, by Type 2018 & 2031
  64. Table 64: Global Ultrasonic Testing Market Revenue USD million Forecast, by Equipment 2018 & 2031
  65. Table 65: Global Ultrasonic Testing Market Revenue USD million Forecast, by Service 2018 & 2031
  66. Table 66: Global Ultrasonic Testing Market Revenue USD million Forecast, by Vertical 2018 & 2031
  67. Table 67: Global Ultrasonic Testing Market Revenue USD million Forecast, by Country 2018 & 2031
  68. Table 68: Japan Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  69. Table 69: China Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  70. Table 70: India Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  71. Table 71: Rest of Asia Pacific Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  72. Table 72: Global Ultrasonic Testing Market Revenue USD million Forecast, by Type 2018 & 2031
  73. Table 73: Global Ultrasonic Testing Market Revenue USD million Forecast, by Equipment 2018 & 2031
  74. Table 74: Global Ultrasonic Testing Market Revenue USD million Forecast, by Service 2018 & 2031
  75. Table 75: Global Ultrasonic Testing Market Revenue USD million Forecast, by Vertical 2018 & 2031
  76. Table 76: Global Ultrasonic Testing Market Revenue USD million Forecast, by Country 2018 & 2031
  77. Table 77: Latin America Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
  78. Table 78: The Middle East & Africa Ultrasonic Testing Market Revenue (USD million) Forecast, by Application 2018 & 2031
AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 5.7% from 2018-2032
Segmentation
    • By Type
      • Time-Of-Flight Diffraction
      • Phased Array
      • Immersion Testing
      • Guided-Wave Testing
      • Acoustography
    • By Equipment
      • Flaw Detectors
      • Thickness Gauges
      • Transducers & Probes
      • Industrial Scanners
    • By Service
      • Inspection
      • Equipment Rental
      • Calibration
    • By Vertical
      • Manufacturing
      • Oil & Gas
      • Aerospace
      • Automotive
      • Power Generation
  • By Geography
    • By Geography
      • North America
    • Europe
      • The U.K.
      • Germany
      • France
      • Italy
      • Russia
      • Rest of Europe
    • Asia Pacific
      • Japan
      • China
      • India
      • Rest of Asia Pacific
    • Rest of the World
      • Latin America
      • The Middle East & Africa

STEP 1 - Identification of Relevant Samples Size from Population Database

Step Chart
bar chart
method chart

STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

approach chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.

Note* : In applicable scenarios

STEP 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
approach chart

STEP 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
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