Product Code: MFG013G
Highlights:
The global ultrasonic equipment market should reach $158.2 billion by 2027 from $90.4 billion in 2022 at a compound annual growth rate (CAGR) of 11.8% for the forecast period of 2022 to 2027.
The North American ultrasonic equipment market is expected to grow from $25.8 billion in 2022 to $45.0 billion in 2027 at a CAGR of 11.7% for the forecast period of 2022 to 2027.
The Asia-Pacific ultrasonic equipment market is expected to grow from $27.3 billion in 2022 to $50.4 billion in 2027 at a CAGR of 13.1% for the forecast period of 2022 to 2027.
Report Scope:
In this report, the market has been segmented based on equipment type, applications and geography. The report provides an overview of the global ultrasonic equipment market and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for the forecast period, 2022-2027. Revenue forecasts for this period are segmented based on equipment type, applications and geography. Market values have been estimated based on the total revenue of ultrasonic equipment providers.
The report covers the market for ultrasonic equipment with regard to the consumer base, across different regions. It also highlights major trends and challenges that affect the market and the vendor landscape. The report estimates the global market for ultrasonic equipment in 2021 and provides projections for the expected market size through 2027.
The scope of the study includes ultrasonic equipment such as motors/actuators, medical equipment, processing equipment, assembling equipment, testing equipment, and ultrasonic flow meters and sensors. However, spares and consumables applicable to the ultrasonic equipment have been excluded from the study.
Report Includes:
- 175 data tables and 15 additional tables
- An up-to-date overview and analysis of the global markets for ultrasonic products and technologies
- Analyses of the global market trends, with product sales data for 2021, estimates for 2022, 2023 and 2025, and projections of compound annual growth rates (CAGRs) through 2027
- Highlights of the feasible market opportunities by identifying high-growth applications in different areas, with a focus on the largest and expanding markets
- Estimation of the actual market size for ultrasonic technologies and products, revenue forecast, and corresponding market share analysis segmented by product/equipment type, application, and region
- Assessment on the global industry development through an in-depth analysis of the major regional markets for ultrasonic technologies and products, including forecasts for growth
- Updated information on key market drivers and opportunities, industry shifts and regulations, and other demographic factors that will influence the demand in the coming years (2022-2027)
- Identification of viable technology drivers through a holistic review of various platform technologies for new and existing ultrasonic products and application markets
- Insight into the increasing investments on R&D activities, key technology issues, industry specific-challenges, major types of end-user markets, and COVID-19 impact on this market
- Discussion of the competitive landscape of major manufacturers and suppliers of various types of ultrasonic products, their research priorities, product portfolios, and market share analysis based on the segmental revenues
- Descriptive company profiles of the leading global players, including Accusonics Inc., Baker Hughes, Kistler-Morse, Newtech Ltd., Samsung Medison Co. Ltd. and TE Connectivity
Table of Contents
Chapter 1 Introduction
- Study Goals and Objectives
- What's New in This Update?
- Scope of Report
- Reasons for Doing the Study
- Intended Audiences
- Information Sources
- Methodology
- Geographic Breakdown
- Analyst's Credentials
- BCC Custom Research
- Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Ultrasonics: Market Overview
- Concepts in the Industry
- Medical Ultrasonics
- Industrial Ultrasonics
- Life-Cycle Assessment of An Ultrasonic Product
- Life-Cycle Cost
- Technology Life Cycle
- History of Ultrasonics
- History of Ultrasonic Welding
- History of Ultrasonic Flow Meters
- History of Ultrasonic Testing
- History of Ultrasonics in Medicine
- History of High-Intensity Focused Ultrasound
- Opportunities and Future of the Ultrasonic Industry
- Future of Ultrasonic Motors and Actuators
- Future of Ultrasonics in the Medical Field
- Future of Ultrasonics in Nondestructive Testing
- Future of Phased Array Ultrasonics
- Future of Ultrasonics in Flow Measurement
- Future of Ultrasonic Cleaning
- Future of Ultrasonics in Other Fields
- Impact of COVID-19 on the Ultrasonic Industry
- Impact of COVID-19 on Ultrasonic Imaging Technology in the Medical Field
- Market Dynamics
- Market Drivers
- Market Restraint
- Porter's Five Forces Analysis for Ultrasonic Equipment Market
- Bargaining Power of Buyers
- Bargaining Power of Suppliers
- Threat of New Entrants
- Threat of Substitutes
- Competitive Rivalry
- Patent Analysis
- Key Recently Granted Patents
Chapter 4 Market Breakdown by Type Ultrasonic Equipment
- Introduction
- Ultrasonic Motors/Actuators
- Ultrasonic Medical Equipment
- Diagnostic Ultrasonic Imaging Equipment
- Ultrasonic Surgical Equipment
- Therapeutic Ultrasound Equipment
- Special Ultrasonic Medical Equipment
- Ultrasonic Processing Equipment
- Ultrasonic Cleaning Equipment
- Ultrasonic Food-Processing Equipment
- Ultrasonic Chemical Processing Equipment
- Other Processing Equipment
- Ultrasonic Assembling Equipment
- Ultrasonic Metal Welding Equipment
- Ultrasonic Plastic Welding Equipment
- Ultrasonic Machining Equipment
- Ultrasonic Soldering Equipment
- Ultrasonic Testing Equipment
- Ultrasonic Thickness Measuring Equipment
- Ultrasonic Flaw Detection Equipment
- Ultrasonic Leak Testing Equipment
- Ultrasonic Level Detecting Equipment
- Miscellaneous Ultrasonic Equipment
- Ultrasonic Flow Meters
- Ultrasonic Sensors
- Other Ultrasonic Products
Chapter 5 Market Breakdown by Application
- Introduction
- Applications of Ultrasonic Motor/Actuators
- Piezo Actuators on Mars Curiosity Rover
- Ultrasonic Motors in Cameras
- Ultrasonic Motors in Microelectromechanical Systems
- Ultrasonic Motors in Aerospace
- Ultrasonic Motors in Entertainment
- Ultrasonic Motors in Cell Phones
- Ultrasonic Motors in Automobiles
- Ultrasonic Motors in Wristwatches
- Ultrasonic Motors in Medical Applications
- Ultrasonic Motors in Industry 4.0
- Global Market for Applications of Ultrasonic Motors/Actuators
- Applications of Ultrasound in Medical Field
- Classification of Medical Applications
- Applications of Diagnostic Ultrasound
- Global Market for Applications of Diagnostic Ultrasound
- Ultrasound in Surgical Applications
- Nonsurgical Therapeutic Ultrasound Applications
- Special Ultrasound Applications
- Ultrasonic Processing Applications
- Applications of Ultrasonic Cleaning
- Ultrasonic Applications in the Food-Processing Industry
- Application of Ultrasound in the Chemical Industry
- Other Processing Applications of Ultrasonics
- Ultrasonic Assembling Applications
- Applications of Ultrasonic Metal Welding
- Applications of Ultrasonic Plastic Welding
- Applications of Ultrasonic Soldering
- Ultrasonic Applications in Machining Operations
- Application of Ultrasonics in Testing
- Rail Inspection
- Welded Joints
- Ultrasonic Bolt Tension Measurement System
- Ultrasonic Material Testing
- Ultrasonic Leak Detection
- Ultrasonic Level Detection
- Ultrasonic Thickness Measuring
- Application of Miscellaneous Ultrasonic Technology
- Applications of Ultrasonic Flow Meters
- Other Applications of Ultrasonic Flow Meters
- Applications of Ultrasonic Sensors/Transducers
- Applications of Other Ultrasound
- Applications of Phased Array Ultrasound
- Applications of High-Power Ultrasound in Industries
- Applications of High-Power Ultrasound in the Chemical Industry
- Applications of High-Power Ultrasound in the Pharmaceutical Industry
- Applications of High-Power Ultrasound in the Water, Waste Sludge and Effluent Industry
- Applications of High-Power Ultrasound in the Food and Beverage Industry
- Applications of High-Power Ultrasound in the Brewing Industry
- Applications of High-Power Ultrasound in the Petroleum Industry
- Applications of High-Power Ultrasound in the Mining Industry
- Applications of High-Power Ultrasound in the Metal/ Automobile Industry
- Miscellaneous Applications of Ultrasound
Chapter 6 Market Breakdown by Region
- Total Global Value by Region
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- South America
- Rest of the World
Chapter 7 Technology Background
- Ultrasonic Motor/Actuator Technology
- Basic Principle of Ultrasonic Motors
- Advantages of Ultrasonic Motors
- Disadvantages of Ultrasonic Motors
- Piezoelectric/Ultrasonic Actuators
- Ultrasonic Medical Technology
- Diagnostic Ultrasonography
- Types of Ultrasonography
- Other Uses of Ultrasonography
- Benefits of Ultrasonography
- Doppler Ultrasound
- Reasons for Performing Doppler Ultrasound Test
- Principles and Techniques of Diagnostic Ultrasound
- Ultrasonic Surgery
- Ultrasonics in Dental Care
- Nonsurgical Therapeutic Ultrasonics
- Ultrasonic Processing Technologies
- Uses of Ultrasonication
- Classification of Ultrasonic Processing Technologies
- Ultrasonic Assembling Technology
- Applications of Ultrasonic Assembly
- Advantages of Ultrasonic Assembly
- Types of Ultrasonic Assembly Technologies
- Ultrasonic Testing Technologies
- Advantages of Ultrasonic Testing
- Disadvantages of Ultrasonic Testing
- Ultrasonic Testing Equipment/System
- Ultrasonic Thickness Gauges
- Ultrasonic Flaw Detectors (UFD)
- Miscellaneous Ultrasonic Technologies
- Ultrasonic Flow Measurement
- Ultrasonic Steam-Flow Measurement
- Ultrasonic Level Measurement and Detection
- Ultrasonic Leak Detection
- Sonic Anemometers
- Ultrasonic Humidifiers
- Ultrasonic Machining
- Ultrasonic Sensors
- Types of Ultrasonic Sensors
- Ultrasonic Transducers
- Magnetostrictive Transducers
- Piezoelectric Transducers
- Type of Transducers Based on Application
- Phased Array Ultrasonics
- Functioning of Phased Array Ultrasonics
Chapter 8 Competitive Landscape
- Ultrasonic Landscape
- Market for Ultrasonic Motors and Actuators
- Market for Ultrasonic Medical Equipment
- Major Players in Medical Ultrasound Market
- Future of the Medical Ultrasound Market
- Market for Ultrasonic Cleaning Equipment
- Market for Ultrasonic Welding/Machining/Cutting Equipment
- Market for Ultrasonic Nondestructive Testing
- Market for Flow Measuring Equipment
- Strategic Analysis
- Key Product Launches and Developments
- Key Collaborations and Partnerships
- Key Acquisitions and Expansions
- Market Ecosystem
Chapter 9 Company Profiles
- ACCUSONICS INC.
- ADVANCED SONIC PROCESSING SYSTEMS
- AIRMAR TECHNOLOGY CORP.
- ALPINION MEDICAL SYSTEMS CO. LTD.
- AMETEK INC.
- ANALOGIC CORP.
- BADGER METER INC.
- BAKER HUGHES CO.
- BAUMER INDIA PRIVATE LTD.
- BIOVENTUS LLC
- BLACKSTONE-NEY ULTRASONICS
- BOSTON SCIENTIFIC CORP.
- BULLEN ULTRASONICS INC.
- CAMBRIDGE ULTRASONICS
- CANON MEDICAL SYSTEMS USA INC.
- CEDRAT TECHNOLOGIES
- CHISON MEDICAL TECHNOLOGIES CO. LTD.
- CREST ULTRASONICS CORP.
- DANATRONICS CORP.
- DUKANE CORP.
- EMERSON ELECTRIC CO.
- ESAOTE GROUP
- FOODTOOLS
- FUJIFILM SONOSITE INC.
- GE HEALTHCARE LTD.
- GRECO BROTHERS INC.
- GUANGZHOU DOPPLER ELECTRONIC TECHNOLOGIES CO., LTD.
- GUYSON INTERNATIONAL LTD.
- HIELSCHER ULTRASONICS GMBH
- HONEYWELL INTERNATIONAL INC.
- INTERLINK ELECTRONICS INC.
- JENSEN FABRICATING ENGINEERS INC.
- KEELER LTD.
- KISTLER-MORSE
- KONINKLIJKE PHILIPS N.V.
- L&R MANUFACTURING CO.
- MASSA PRODUCTS CORP.
- METTLER ELECTRONICS CORP.
- MINDRAY NORTH AMERICA
- NANOMOTION INC.
- NDT SYSTEMS INC.
- NEW SCALE TECHNOLOGIES INC.
- NEWTECH LTD.
- OLYMPUS SCIENTIFIC SOLUTIONS
- PEPPERL+FUCHS GMBH
- PERO AG
- PIE MEDICAL IMAGING BV
- PULSAR MEASUREMENT
- PHYSIK INSTRUMENTE GMBH & CO. KG
- PIEZOMECHANIK GMBH
- PROCECO LTD.
- ROLENCE ENTERPRISE INC.
- SAMSUNG MEDISON CO. LTD.
- SCHUNK SONOSYSTEMS GMBH
- SHANTOU INSTITUTE OF ULTRASONIC INSTRUMENTS CO. LTD.
- SHARPERTEK USA
- SIEMENS HEALTHCARE GMBH
- SONICLEAN
- SONICS AND MATERIALS INC.
- SONOMATIC LTD.
- SONOTECH GMBH
- SONATEST LTD.
- SONO-TEK CORP.
- SONOTRON NDT
- TE CONNECTIVITY
- TECHNOLOGY DESIGN
- TERASON (TERATECH CORP.)
- TOKYO KEIKI INC.
- TOMTEC IMAGING SYSTEMS GMBH
- TURBO SYSTEMS LTD.
- UE SYSTEMS INC.
- ULTRASONIC POWER CORP.
- WEBER ULTRASONICS GMBH
- WESTINGHOUSE ELECTRIC CORP.
- YIMEI DENTAL INDUSTRY CO. LTD.
- ZETEC INC.
Chapter 10 Appendix: List of Acronyms