The Global industrial ultrasonic testing equipment Market exhibits comprehensive information that is a valuable source of insightful data for business strategists during the decade 2023-2029. This intelligence reports include an investigation based on Current scenarios, Historical records, and Future predictions . The report contains different market predications Related to market size , revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market.

The global ultrasonic testing market size is projected to reach USD 4.2 billion by 2026, at a CAGR of 7.1% during the forecast period.

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Industrial Ultrasonic Testing Equipment Market Main Competitive Landscape:

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, Wuhan Zhongke Innovation and others.

Recent Developments

• In December 2020, Walgate Technologies, a Baker Hughes business and an industry leader in inspection solutions, introduced Phoenix Powerlscan HE solution, its first high-energy computed tomography system.
• In September 2019, MISTRAS Group acquired New Century Software (US), a leading provider of pipeline integrity management software and services to energy transportation companies.
• In June 2019, Olympus Corporation launched the DSX1000 digital microscope, which significantly improves the inspection workflow of users and enables the analysis of a wide variety of samples with a single tool.
• In May 2018, Olympus introduced the IPLEX G Lite ultra-portable industrial videoscope, which is useful for inspecting hard-to-reach areas of aircraft and piping. The device is highly efficient and easy to control.

It also examines the role of the leading market players involved in the industry including their corporate overview , financial summary , and SWOT analysis . It presents a 360-degree overview of the competitive landscape of the industries. The report provides qualitative and quantitative analysis of the market using various frameworks such as Porter's and PESTLE analysis.

Dividing the Global Industrial Ultrasonic Testing Equipment Market by Product types and Application

Based on type, the market has been segmented into:

Thickness Gauges

Flaw Detectors

Other UT Tester

Based on application, the market has been segmented into:

Industrial and Automotive

Oil and Gas

Power and Energy

Aerospace and Transportation

Electronics

Other

Regions Are covered by Industrial Ultrasonic Testing Equipment Market Report 2023 To 2029

• North America (the United States, Canada, and Mexico)
• Europe (Germany, France, UK, Russia, and Italy)
• Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
• South America (Brazil, Argentina, and Colombia)
• The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

North America is Expected to Hold a Major Market Share

The United States is expected to command a prominent share of the market demand owing to the increasing use of testing technology for predictive maintenance, growing adoption in the oil and gas sector, and growing safety regulations in the various industries in the region especially driven by the demand from the country. The increasing use of equipment to determine a material's thickness or any cracks in a pipeline is expected to drive its growth. Therefore, the growing investment in the construction of pipelines in the oil and refinery sector is expected to drive the studied market in the country.

Following are major TOC of the Industrial Ultrasonic Testing Equipment Market:

Chapter 1: Industrial Ultrasonic Testing Equipment Market Overview

Chapter 2: Global Economic Impact on Industry

Chapter 3: Global Industrial Ultrasonic Testing Equipment Market Competition by Manufacturers

Chapter 4: Global Production, Profits (Value) by Region

Chapter 5: Global Supply (Production), Import, Export, Consumption, by Regions

Chapter 6: Global Price Trend by Type, Revenue (Value), Production

Chapter 7: Manufacturing Cost Analysis

Chapter 8: Global Market Analysis by Application

Chapter 9: Industrial Chain and Downstream Buyers, Sourcing Strategy

Chapter 10: Marketing Strategy Analysis, Distributors/Traders

Chapter 11: Market Effect Factors Analysis

Chapter 12: Global Industrial Ultrasonic Testing Equipment Market Forecast

Keep it going ......

Our analysts examined the information and data and generated insights using a combination of quantitative and qualitative research efforts, with the primary purpose of delivering a holistic view of the market.

reasons for buying this report:

– Industrial Ultrasonic Testing Equipment Market segmentation analysis includes qualitative and quantitative research incorporating the impact of economic and non-economic aspects.

– Analysing the outlook of the Industrial Ultrasonic Testing Equipment market with the recent trends and Porter's five forces analysis

– To study current and future market outlook in the developed and emerging markets

– Market dynamics scenario, along with growth opportunities of the market in the years to come.

– Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.

– Industrial Ultrasonic Testing Equipment Market value (USD Million) and volume (Units Million) data for each segment and sub-segment.

– Distribution Channel Sales Analysis by Value.

– Competitive landscape involving the market share of major players, along with the new product launch and strategies adopted by players in the past five years.

– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategy employed by the major market players.

Customization Service of the Report:

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