The global Ultrasonic Non-destructive Test Equipment market is projected to reach US$ 779.3 million by 2028 from an estimated US$ 555.7 million in 2022, at a CAGR of 5.8% during 2023 and 2028.
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%.
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.
The Ultrasonic Non-destructive Test Equipment market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2021 as the base year, with history and forecast data for the period from 2017 to 2028. This report segments the global Ultrasonic Non-destructive Test Equipment market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Ultrasonic Non-destructive Test Equipment manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.
Find more details about this report at: https://www.themarketreports.com/report/global-ultrasonic-non-destructive-test-equipment-market-research-report
Key companies covered in this report are 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 and Wuhan Zhongke Innovation in terms of corporate information, product portfolio, revenue, price, gross margin and recent developments.
Product Type Insights
Global markets are presented by Ultrasonic Non-destructive Test Equipment type, along with growth forecasts through 2028. Estimates on production and value are based on the price in the supply chain at which the Ultrasonic Non-destructive Test Equipment are procured by the manufacturers.
This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type, and during the historical period (2017-2022) and forecast period (2023-2028).
Ultrasonic Non-destructive Test Equipment segment by Type
- Thickness Gauges
- Flaw Detectors
- Other UT Tester
This report has provided the market size (production and revenue data) by application, during the historical period (2017-2022) and forecast period (2023-2028).
This report also outlines the market trends of each segment and consumer behaviors impacting the Ultrasonic Non-destructive Test Equipment market and what implications these may have on the industry’s future. This report can help to understand the relevant market and consumer trends that are driving the Ultrasonic Non-destructive Test Equipment market.
Ultrasonic Non-destructive Test Equipment segment by Application
- Industrial and Automotive
- Oil and Gas
- Power and Energy
- Aerospace and Transportation
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Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Ultrasonic Non-destructive Test Equipment manufacturers competitive landscape, price, output and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Ultrasonic Non-destructive Test Equipment by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption 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, and capacity of each country in the world.
Chapter 5: Provides the analysis of various market segments according to product 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 6: Provides the analysis of various market segments according to 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, revenue, , price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Analysis of sales channel, distributors and customers
Chapter 10: 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 11: Production and supply forecast, global and regional
Chapter 12: Consumption and demand forecast, global and regional
Chapter 13: Forecast by type and by application. It provides a quantitative analysis of the market size and development potential of each market segment in the next six years.
Chapter 14: The main points and conclusions of the report.
Mr. Shirish Gupta
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