Global Ultrasonic Testing Market (2021 to 2026) – Growing Infrastructure Development in Emerging Economies Presents Opportunities

DUBLIN, April 23, 2021 /PRNewswire/ — The «Ultrasonic Testing Market with COVID-19 Impact by Type (Time-of Flight Diffraction, Immersion Testing),…

DUBLIN, April 23, 2021 /PRNewswire/ — The «Ultrasonic Testing Market with COVID-19 Impact by Type (Time-of Flight Diffraction, Immersion Testing), Equipment (Flaw Detectors, Imaging System, and Bond Testers), Service, Vertical, and Geography – Global Forecast to 2026» report has been added to’s offering.

Research and Markets Logo

The global ultrasonic testing market size is estimated to grow from USD 3.0 Billion in 2021 to USD 4.2 Billion by 2026, at a CAGR of 7.1%.

Stringent government regulations regarding public safety & product quality and continuous advances in electronics, automation, and robotics are a few major factors driving the ultrasonic testing market growth. The high adoption of IoT devices and the rising need to assess the health of aging assets are the other factors that propel the development of the ultrasonic testing market.

Based on type, the market for the phased array type to witness a high CAGR during the forecast period.

The phased array testing type is expected to multiply during the forecast period from 2021 to 2026. This type is used to measure or identify the subsurface cracks & seams, flaws, crack depth, coating thickness, and permeability. Phased array type reduces the use of multiple elements to steer, focus, and scan beams with a single transducer assembly. It optimizes defect detection and minimizes inspection time. It is used widely in power generation, construction and manufacturing verticals and service environments that inspect safety or quality-related issues. The phased array type is used to check surface-breaking cracks on metals and inspect discontinuities in metal tubes.

Training services to grow at the highest CAGR during the forecast period.

Training services are likely to continue to gain the second-largest market share in the coming years since training NDT technicians to keep them updated with new technological trends and make them aware of the customers’ changing demands is equally essential. The market for training services is expected to grow at the highest CAGR during the forecast period.

APAC to be the fastest-growing market for ultrasonic testing activities

The Asia Pacific is likely to be the fastest-growing region in the ultrasonic testing market due to the rapid infrastructural development and automation adoption in manufacturing industries in countries such as India and China. The Make in India campaign promotion by the government and the development in the Smart Cities project provide lucrative opportunities for the players in the ultrasonic testing market in India. The market in India is expected to grow at the highest CAGR during the forecast period.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

4.1 Lucrative Opportunities in Ultrasonic Testing Market

4.2 Ultrasonic Testing Market, by Service

4.3 Ultrasonic Testing Market, by Equipment and Region

4.4 Ultrasonic Testing Market, by Type

4.5 Ultrasonic Testing Market, by Region

4.6 Market Growth Rate of Major Countries, 2021-2026

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers Development of Portable Phased Array Ultrasonic Testing Equipment Need for Reliable Non-Destructive Testing Technique for Fiberglass and Carbon Fiber Composites in Manufacturing Growth in Ultrasonic Testing Market Services Government Mandates Regarding Employee Safety and Stringent Quality Control Requirements Maintenance Needs of Aging Infrastructure

5.2.2 Restraints Limitations of Manual Ultrasonic Testing in Detecting Early Stages of Damage High Cost of Automated Ultrasonic Testing Equipment

5.2.3 Opportunities Growing Infrastructure Development in Emerging Economies Opportunities in Power Generation Sector

5.2.4 Challenges Decreasing Oil and Gas Prices Lack of Skilled Technicians

5.3 Average Selling Price Analysis

5.4 Leading Associations, Regulations, and Standards

5.4.1 The American Society for Non-Destructive Testing

5.4.2 The British Institute of Non-Destructive Testing

5.4.3 Astm International

5.5 Tariffs

5.5.1 Negative Impact of Tariffs on Ultrasonic Testing Market

5.5.2 Positive Impact of Tariffs on Ultrasonic Testing Market

5.6 Case Studies

5.6.1 Evaluation of Cracks in Petroleum Pipeline

5.6.2 Image Data Processing in Automated Ultrasonic Testing

5.7 Porter’s Five Forces Analysis

5.7.1 Threat of New Entrants

5.7.2 Threat of Substitutes

5.7.3 Bargaining Power of Suppliers

5.7.4 Bargaining Power of Buyers

5.7.5 Intensity of Competitive Rivalry

6 Industry Trends

6.1 Introduction

6.2 Value Chain Analysis

6.2.1 Core Industry Segments Raw Material Providers Component Manufacturers Assemblers Sales and Distribution and Equipment Services End-Use Applications

6.3 Key Industry Trends in Ultrasonic Testing Market

6.4 Patent Analysis

6.5 Ecosystem/Market Map

6.6 Trade Analysis

6.6.1 Import Scenario

6.6.2 Exports Scenario

6.7 Technology Analysis

6.7.1 Key Technologies Electromagnetic Acoustic Transducer (Emat) Technique Long-Range Ultrasonic Technique (LRUT)

6.7.2 Complementary Technologies Dynamic Thermography Air-Coupled Ultrasound

6.7.3 Adjacent Technologies Positive Metal Identification Technique Dynamic Interferometry

7 Ultrasonic Testing Market, by Type

7.1 Introduction

7.2 Phased Array

7.2.1 Faster Adoption Rate due to Higher Accuracy and Minimal Time Consumption in Inspection and Defect Detection

7.3 Time-Of-Flight Diffraction

7.3.1 High Precision with Minimal Failure Risk is Driving TOFD Segment

7.4 Immersion Testing

7.4.1 Capability of Detecting Small Defects is Driving Adoption of Immersion Testing in Industrial and Manufacturing Sectors

7.5 Guided Wave Testing

7.5.1 High Adoption Rate due to Long Range Inspection and Monitoring Capabilities

7.6 Acoustography

7.6.1 Ultrasonic Area Inspection Technique is Adopted for Single-Side Inspection for Imaging Process

7.7 Others

8 Ultrasonic Testing Market, by Equipment

8.1 Introduction

8.2 Flaw Detectors

8.2.1 Unique Identification Capabilities of Discontinuities Has Increased Adoption Rate of Flaw Detectors in Diverse Verticals

8.3 Thickness Gauges

8.3.1 Measurement Precision Drives Adoption of Thickness Gauges in Oil & Gas and Power Generation Verticals

8.4 Transducers and Probes

8.4.1 Critical Inspection Capabilities are Driving Adoption of Transducers and Probes

8.5 Industrial Scanners

8.5.1 Low Cost and Improved Quality and Precision in Scanning Results Has Increased Adoption of Industrial Scanners

8.6 Tube Inspection Systems

8.6.1 Large-Scale Adoption in Power Generation Vertical due to High-Precision Detection of Damages Such as Corrosion and Cracks

8.7 Bond Testers

8.7.1 Bond Testers are Being Highly Adopted in Oil & Gas and Aerospace Verticals

8.8 Imaging Systems

8.8.1 Increasing Adoption Rate due to Quality Control and Precise Flaw Detection Capabilities

8.9 Others

9 Ultrasonic Testing Market, by Service

9.1 Introduction

9.2 Inspection Services

9.2.1 High Adoption Rate due to Better Accuracy and Efficiency, Faster Inspection, and Low Cost

9.3 Equipment Rental Services

9.3.1 Low Cost and Appropriate Availability as Per Need are Driving Demand for Equipment Rental Services

9.4 Calibration Services

9.4.1 Increasing Adoption due to Accuracy in Measurement by Reducing Uncertainties in Testing Equipment

9.5 Training Services

9.5.1 Growing Demand for Ultrasonic Testing Equipment and Services is Driving Need for Training Services in APAC and North American Regions

10 Ultrasonic Testing Market, by Vertical

10.1 Introduction

10.2 Manufacturing

10.2.1 Increase in Adoption Rate due to Need for Monitoring, Inspection, and Quality Control of Materials

10.3 Oil & Gas

10.3.1 Need for Precision, Reliability, Safety, and Improved Utilization of Materials Led to High Adoption Rate in Oil & Gas Vertical

10.3.2 Refining

10.3.3 Subsea Pipelines

10.3.4 Storage Tanks

10.4 Aerospace

10.4.1 Need for High Precision, Increased Safety, and Quality Assurance Augment Adoption of Ultrasonic Testing Equipment in Aerospace Vertical

10.4.2 Aircraft Engine Part Production to be Key Application Area of Ultrasonic Testing

10.4.3 Airplane Maintenance Applications

10.5 Government Infrastructure

10.5.1 Rising Demand for Infrastructure Development Has Led to Increase in Adoption of Ultrasonic Testing Equipment and Services

10.5.2 Military & Defense

10.5.3 Railways Industry

10.5.4 Bridges and Tunnels

10.6 Automotive

10.6.1 Ultrasonic Testing Equipment Detect Flaws and Corrosion in Large Automotive Components

10.7 Power Generation

10.7.1 Rising Demand for Energy Has Led to Increased Use of Ultrasonic Testing Equipment and Services in Power Plants

10.7.2 Nuclear Power Drives Growth of Ultrasonic Testing in Power Generation

10.7.3 Renewable Energy

10.7.4 Fossil Fuel Energy

10.8 Marine

10.8.1 Ultrasonic Inspection Services are Used in Marine Sector to Ensure Integrity of Ships and Their Components

10.9 Others

10.9.1 Healthcare

10.9.2 Plastics and Polymers

11 Geographic Analysis

11.1 Introduction

11.2 North America

11.3 Europe

11.4 Asia-Pacific

11.5 Rest of the World

12 Competitive Landscape

12.1 Overview

12.2 Market Evaluation Framework

12.2.1 Product Portfolio

12.2.2 Regional Focus

12.2.3 Manufacturing Footprint

12.2.4 Organic/Inorganic Play

12.3 Market Share Analysis, 2020

12.4 Revenue Analysis of Top 4 Players in Ultrasonic Testing Market

12.5 Company Evaluation Quadrant

12.5.1 Star

12.5.2 Emerging Leader

12.5.3 Pervasive

12.5.4 Participant

12.6 Startup/Sme Evaluation Matrix

12.6.1 Progressive Companies

12.6.2 Responsive Companies

12.6.3 Dynamic Companies

12.6.4 Starting Blocks

12.7 Company Footprint

12.8 Competitive Situation & Trends

12.8.1 Product Launches & Developments

12.8.2 Deals

12.8.3 Others

13 Company Profiles

13.1 Key Players

13.1.1 Mistras Group

13.1.2 Olympus Corporation

13.1.3 Baker Hughes (A Subsidiary of GE Company)

13.1.4 Intertek

13.1.5 Sonatest Ltd

13.1.6 Amerapex Corporation

13.1.7 Sonotron Ndt

13.1.8 Tecscan Systems Inc

13.1.9 Ashtead Technology

13.1.10 NDT Systems Inc

13.1.11 Eddyfi

13.1.12 Applied Technical Services Inc

13.2 Other Key Players

13.2.1 Ndt Global GmbH Ltd & Co.Kg

13.2.2 Td Williamson Inc

13.2.3 Labquip Ndt Limited

13.2.4 Ipromar Pte Limited

13.2.5 Fprimec Solutions Inc

13.2.6 Cygnus Instruments Ltd

13.2.7 Acuren Inspection Inc

13.2.8 Dekra

13.2.9 Element Materials Technology

13.2.10 Fischer Technology Inc

13.2.11 Lynx Inspection

13.2.12 Carestream

13.2.13 Zetec Inc

14 Appendix

14.1 Insights of Industry Experts

14.2 Discussion Guide

For more information about this report visit

Media Contact:

Research and Markets

Laura Wood, Senior Manager

For E.S.T Office Hours Call +1-917-300-0470

For U.S./CAN Toll Free Call +1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907

Fax (outside U.S.): +353-1-481-1716

Cision View original content:—growing-infrastructure-development-in-emerging-economies-presents-opportunities-301275982.html

SOURCE Research and Markets