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.
The global Ultrasonic Non-Destructive Testing (NDT) Equipment market size was estimated at USD 516.90 million in 2023 and is projected to reach USD 698.38 million by 2032, exhibiting a CAGR of 3.40% during the forecast period.
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North America Ultrasonic Non-Destructive Testing (NDT) Equipment market size was estimated at USD 142.65 million in 2023, at a CAGR of 2.91% during the forecast period of 2025 through 2032.
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This report provides a deep insight into the global Ultrasonic Non-Destructive Testing (NDT) Equipment market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Ultrasonic Non-Destructive Testing (NDT) Equipment Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Ultrasonic Non-Destructive Testing (NDT) Equipment market in any manner.
Global Ultrasonic Non-Destructive Testing (NDT) Equipment Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Baker Hughes
MISTRAS Group
Intertek
Olympus
Johnson and Allen
ROSEN Group
OkoNDT Group
Bureau Veritas
Applus+
Market Segmentation (by Type)
Longitudinal Wave
Shear Wave
Surface Wave
Board Wave
Market Segmentation (by Application)
Industrial
Construction Sector
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Ultrasonic Non-Destructive Testing (NDT) Equipment Market
Overview of the regional outlook of the Ultrasonic Non-Destructive Testing (NDT) Equipment Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter
Table of content
Table of Contents
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Ultrasonic Non-Destructive Testing (NDT) Equipment
1.2 Key Market Segments
1.2.1 Ultrasonic Non-Destructive Testing (NDT) Equipment Segment by Type
1.2.2 Ultrasonic Non-Destructive Testing (NDT) Equipment Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Ultrasonic Non-Destructive Testing (NDT) Equipment Market Overview
2.1 Global Market Overview
2.1.1 Global Ultrasonic Non-Destructive Testing (NDT) Equipment Market Size (M USD) Estimates and Forecasts (2019-2032)
2.1.2 Global Ultrasonic Non-Destructive Testing (NDT) Equipment Sales Estimates and Forecasts (2019-2032)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Ultrasonic Non-Destructive Testing (NDT) Equipment Market Competitive Landscape
3.1 Global Ultrasonic Non-Destructive Testing (NDT) Equipment Sales by Manufacturers (2019-2025)
3.2 Global Ultrasonic Non-Destructive Testing (NDT) Equipment Revenue Market Share by Manufacturers (2019-2025)
3.3 Ultrasonic Non-Destructive Testing (NDT) Equipment Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Ultrasonic Non-Destructive Testing (NDT) Equipment Average Price by Manufacturers (2019-2025)
3.5 Manufacturers Ultrasonic Non-Destructive Testing (NDT) Equipment Sale
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