全球超音波测试市场:按设备、服务、类型、行业、地区划分 - 预测至 2029 年
市场调查报告书
商品编码
1601583

全球超音波测试市场:按设备、服务、类型、行业、地区划分 - 预测至 2029 年

Ultrasonic Testing Market by Phased Array, Time-of-flight Diffraction, Immersion Testing, Guided Wave Testing, Acoustography, Flaw Detectors, Thickness Gauges, Transducers & Probes, Inspection Services and Calibration Services - Global Forecast to 2029

出版日期: | 出版商: MarketsandMarkets | 英文 269 Pages | 订单完成后即时交付

价格

超音波检测市场规模预计将从2024年的29.2亿美元增加至2029年的46亿美元,2024年至2029年的复合年增长率为9.5%。

调查范围
调查年份 2020-2029
基准年 2023年
预测期 2024-2029
考虑单位 金额(十亿美元)
按细分市场 按设施、服务、类型、产业、地区
目标区域 北美、欧洲、亚太等地区

包括桥樑、公路、铁路和能源设施在内的基础设施的全球加固需要可靠的非破坏性检测方法来检测缺陷。这种超音波技术以其透过在不破坏材料的情况下发现内部缺陷来确定材料完整性的能力而闻名,并且对于任何关键结构的建造和后续维护至关重要。

印度和中国等新兴经济体正大力投资基础建设计划,例如新的交通结构、发电厂和城市发展。这需要严格的安全标准与高品质的材料和工艺相结合,以确保耐用性和安全性。超音波测试用于检查焊接、检查材料厚度并分析这些结构部件的结构完整性。

严格的监管和环境标准正在推动超音波检测在石油和天然气行业的应用。这是由于监管机构执行严格的安全和环境保护准则。为了保护空气、水和土壤免受有害污染物的影响,美国环保署 (EPA) 要求采取严格的洩漏和溢出预防措施,特别是在石油和天然气基础设施内。管道和危险材料安全管理局 (PHMSA) 通过《管道安全法》和其他法规,要求定期检查管道,以发现腐蚀裂缝和其他结构缺陷。一些修正案,例如2021年的《管道安全法》,要求管道在涉及高超音波并经过人口稠密地区或高度敏感的生态区域时更加安全,也强调使用更现代的无损检测。以满足标准。

本报告研究了全球超音波检测市场,并按设备、服务、类型、行业、地区和进入市场的公司概况总结了趋势。

目录

第一章简介

第二章调查方法

第三章执行摘要

第 4 章重要考察

第五章市场概况

  • 介绍
  • 市场动态
  • 波特五力分析
  • 价值链分析
  • 影响客户业务的趋势/干扰
  • 生态系分析
  • 技术分析
  • 投资金筹措场景
  • 价格分析
  • 案例研究分析
  • 专利分析
  • 贸易分析
  • 主要相关人员和采购标准
  • 关税和监管状况
  • 2024-2025年重大会议和活动
  • 生成式AI/AI对超音波探伤测试市场的影响

第六章超音波检测市场(依设备分)

  • 介绍
  • 缺陷检测装置
  • 测厚仪
  • 感测器和探头
  • 工业扫描仪
  • 管材检测系统
  • 结合力测试仪
  • 影像系统
  • 其他的

第七章超音波探伤测试市场(按服务)

  • 介绍
  • 检验服务
  • 设备租赁服务
  • 校准服务
  • 培训服务

第八章超音波探伤测试市场(按类型)

  • 介绍
  • 相位阵列
  • 飞行时差法
  • 浸水试验
  • 导波测试
  • 声学测量
  • 其他的

第九章超音波检测市场(按行业)

  • 介绍
  • 製造业
  • 石油和天然气
  • 航太
  • 政府/基础设施
  • 发电
  • 其他的

第十章超音波探伤检测市场(分地区)

  • 介绍
  • 北美洲
  • 欧洲
  • 亚太地区
  • 其他领域

第十一章竞争格局

  • 概述
  • 2021年5月至2024年10月主要参与企业的策略/优势
  • 2021-2023 年收益分析
  • 2023 年市场占有率分析
  • 企业价值评估及财务指标
  • 产品/品牌比较
  • 企业评估矩阵:主要参与企业,2023
  • 企业评估矩阵:Start-Ups/小型企业,2023 年
  • 竞争场景

第十二章 公司简介

  • 主要设备製造商
    • BAKER HUGHES COMPANY(WAYGATE TECHNOLOGIES)
    • EVIDENT
    • EDDYFI
    • SONATEST
    • NDT SYSTEMS INC
  • 主要服务供应商
    • SGS SOCIETE GENERALE DE SURVEILLANCE SA.
    • INTERTEK GROUP PLC
    • MISTRAS GROUP
    • DEKRA
    • APPLUS+
    • TUV RHEINLAND
    • ELEMENT MATERIALS TECHNOLOGY
  • 其他公司
    • ACOUSTIC CONTROL SYSTEMS
    • AMERAPEX CORPORATION
    • ASHTEAD TECHNOLOGY
    • ACUREN
    • MODSONIC INSTRUMENTS MFG. CO.(P)LTD.
    • SONOTEC GMBH
    • APPLIED TECHNICAL SERVICES
    • NEXXIS
    • VERTECH GROUP
    • GUIDED ULTRASONICS LTD.
    • IRISNDT
    • NANJING BKN AUTOMATION SYSTEM CO., LTD.
    • OKONDT GROUP

第十三章附录

Product Code: SE 4519

The ultrasonic testing market is expected to reach USD 4.60 billion by 2029 from USD 2.92 billion in 2024, at a CAGR of 9.5% during the 2024-2029 period.

Scope of the Report
Years Considered for the Study2020-2029
Base Year2023
Forecast Period2024-2029
Units ConsideredValue (USD Billion)
SegmentsBy Types, Equipment, Services, verticals, and Region
Regions coveredNorth America, Europe, APAC, RoW

These investments require rigorous quality assurance and safety inspections on multiple structural components. Global enhancement of infrastructures, including bridges, highways, railways, and energy facilities, requires reliable non-destructive testing methods for detecting flaws. This inspection technique is also known because ultrasonic testing allows for determining the integrity of materials by finding internal flaws without destroying them, thereby being fundamental in the building and subsequent maintenance of any critical structure.

Large investments are made for infrastructure projects in emerging economies like India and China for instance to build new transportation structures, power plants, and urban development. This raises the demand for strict safety standards combined with quality materials and work that would ensure durability and safety. Ultrasonic testing is used to inspect welds, check the material thickness, and analyze the structural integrity of the components in these structures.

"Oil & gas vertical of the ultrasonic testing market is expected to hold the 2nd largest market share during the forecast period from 2024-2029"

Strict regulatory and environmental standards drive ultrasonic testing adoption in the oil and gas industry. This is due to stringent safety and environmental protection guidelines enforced by regulatory bodies. To protect air, water, and soil from hazardous pollutants, the US Environmental Protection Agency (EPA) has mandated some strict leak- and spill-proofing measures, particularly within the oil and gas infrastructure. The Pipeline and Hazardous Materials Safety Administration (PHMSA), through the Pipeline Safety Act and other regulations, requires regular inspections of pipelines to detect corrosion cracking and other structural weaknesses. Some amendments, such as the Pipeline Safety Act in 2021, also emphasize the use of more modern, non-destructive testing methods, including ultrasonic testing, such that pipelines meet higher standards for safety where they pose high risks and pass by close to population centers or highly sensitive ecological areas.

"India is projected to grow at the highest CAGR during the forecast period from 2024-2029"

The stringent quality and safety standards set by the government of India in all the key industries have raised the demand for non-destructive testing (NDT) to a considerable level. In this regard, ultrasonic testing has emerged as a crucial tool to meet compliance requirements. With growing aerospace, oil and gas, and infrastructure industries, higher safety and reliability standards are required to avoid failures and ensure efficiency in operations.

Ultrasonic testing in the aerospace industry is a requirement to check the welds and materials while manufacturing aircraft parts. It is regulated by the standards of Indian national specifications of the Directorate General of Civil Aviation, or DGCA. In 2023, the Ministry of Defence made a declaration to enhance the defense manufacturing in India through indigenization, leading to new DRDO guidelines on ultrasonic testing of aircraft and other defense-related equipment. Infrastructure safety standards have also been enhanced.

In-depth interviews have been conducted with chief executive officers (CEOs), Directors, and other executives from various key organizations operating in the Ultrasonic testing market.

The break-up of the profile of primary participants in the Ultrasonic testing market-

  • By Company Type: Tier 1 - 26%, Tier 2 - 32%, Tier 3 - 42%
  • By Designation Type: C Level Excecutives - 52%, Directors - 23%, Others - 25%
  • By Region Type: North America - 44%, Europe -29 %, Asia Pacific- 23%, RoW - 4%,

The major players in the ultrasonic testing market are Baker Hughes Company (US), EVIDENT (Japan), Eddyfi (Canada), Sonatest (US), NDT Systems Inc (US), SGS SOCIETE GENERALE DE SURVEILLANCE SA. (Switzerland), Intertek Group plc (UK), MISTRAS Group (US), DEKRA (Germany), Applus+ (Spain), TUV Rheinland (Germany), Element Materials Technology (UK), Acoustic Control Systems (Germany), Amerapex Corporation (US), Ashtead Technology (Scotland), Acuren (US), Modsonic Instruments Mfg. Co. (P) Ltd. (India), SONOTEC GmbH (Germany), Applied Technical Services (US), Nexxis (Australia), Vertech Group (Australia), Guided Ultrasonics Ltd. (US), IRISNDT (Canada), Nanjing BKN Automation System Co., Ltd. (China), and OKOndt GROUP (US).

Research Coverage

The report segments the ultrasonic testing market and forecasts its size by region. It also comprehensively reviews drivers, restraints, opportunities, and challenges influencing market growth. The report covers qualitative aspects in addition to quantitative aspects of the market.

This report has categorized the ultrasonic testing market by type (phased array, time-of-flight diffraction, immersion testing, guided wave testing, acoustography), equipment (flaw detectors, thickness gauges, transducers & probes, industrial scanners, tube inspection systems, bond testers, imaging systems), service type (inspection services, equipment rental services, calibration services, training services), vertical (manufacturing, oil & gas, aerospace, government & infrastructure, power generation, automotive, marine), and region (North America, Europe, Asia Pacific, RoW).

Reasons to buy the report:

The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall ultrasonic testing market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the objectives of the market and provides information on key market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

  • Analysis of key drivers (growing adoption of portable phased array ultrasonic testing equipment), restraint (complex nature of the technology), opportunities (growing emphasis on predictive maintenance), and challenges (high maintenance cost and downtime of equipment)
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the ultrasonic testing market
  • Market Development: Comprehensive information about lucrative markets - the report analyses the ultrasonic testing market across varied regions.
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the ultrasonic testing market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like Baker Hughes Company (US), SGS SOCIETE GENERALE DE SURVEILLANCE SA. (Switzerland), Intertek Group plc (UK), DEKRA (Germany), and MISTRAS Group (US).

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 STUDY OBJECTIVES
  • 1.2 MARKET DEFINITION
  • 1.3 STUDY SCOPE
    • 1.3.1 INCLUSIONS AND EXCLUSIONS
  • 1.4 CURRENCY CONSIDERED
  • 1.5 UNIT CONSIDERED
  • 1.6 LIMITATIONS
  • 1.7 STAKEHOLDERS
  • 1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

  • 2.1 RESEARCH DATA
    • 2.1.1 SECONDARY DATA
      • 2.1.1.1 Key data from secondary sources
      • 2.1.1.2 Key secondary sources
    • 2.1.2 PRIMARY DATA
      • 2.1.2.1 Key data from primary sources
      • 2.1.2.2 Key participants in primary interviews
      • 2.1.2.3 Breakdown of primary Interviews
      • 2.1.2.4 Key industry insights
    • 2.1.3 SECONDARY AND PRIMARY RESEARCH
  • 2.2 MARKET SIZE ESTIMATION
    • 2.2.1 BOTTOM-UP APPROACH
      • 2.2.1.1 Approach to arrive at market size using bottom-up analysis (Demand side)
    • 2.2.2 TOP-DOWN APPROACH
      • 2.2.2.1 Approach to arrive at market size using top-down analysis (Supply Side)
  • 2.3 MARKET SHARE ESTIMATION
  • 2.4 DATA TRIANGULATION
  • 2.5 RISK ASSESSMENT
    • 2.5.1 RISK FACTOR ANALYSIS
  • 2.6 RESEARCH ASSUMPTIONS
  • 2.7 RESEARCH LIMITATIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

  • 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ULTRASONIC TESTING MARKET
  • 4.2 ULTRASONIC TESTING MARKET, BY SERVICE
  • 4.3 ULTRASONIC TESTING MARKET, BY VERTICAL
  • 4.4 ULTRASONIC TESTING MARKET, BY REGION

5 MARKET OVERVIEW

  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    • 5.2.1 DRIVERS
      • 5.2.1.1 Stringent government regulations and industry standards
      • 5.2.1.2 Increasing adoption of ultrasonic testing in healthcare
      • 5.2.1.3 Growing adoption of portable phased array ultrasonic testing equipment
      • 5.2.1.4 Growing offshore oil and gas exploration
      • 5.2.1.5 Rising investments in infrastructure development
    • 5.2.2 RESTRAINTS
      • 5.2.2.1 Manual ultrasonic testing limitations in early stages of damage detection
      • 5.2.2.2 Complex nature of ultrasonic testing technology
    • 5.2.3 OPPORTUNITIES
      • 5.2.3.1 Growing emphasis on predictive maintenance
      • 5.2.3.2 Rising number of renewable energy projects
    • 5.2.4 CHALLENGES
      • 5.2.4.1 Limited availability of skilled technicians
      • 5.2.4.2 High maintenance cost and downtime of equipment
  • 5.3 PORTER'S FIVE FORCES ANALYSIS
    • 5.3.1 INTENSITY OF COMPETITIVE RIVALRY
    • 5.3.2 THREAT OF NEW ENTRANTS
    • 5.3.3 THREAT OF SUBSTITUTES
    • 5.3.4 BARGAINING POWER OF BUYERS
    • 5.3.5 BARGAINING POWER OF SUPPLIERS
  • 5.4 VALUE CHAIN ANALYSIS
    • 5.4.1 RAW MATERIAL PROVIDERS
    • 5.4.2 COMPONENT SUPPLIERS
    • 5.4.3 EQUIPMENT DESIGNERS AND MANUFACTURERS
    • 5.4.4 SALES EXECUTIVES AND DISTRIBUTORS
    • 5.4.5 SERVICE PROVIDERS
    • 5.4.6 VERTICALS
  • 5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • 5.6 ECOSYSTEM ANALYSIS
  • 5.7 TECHNOLOGY ANALYSIS
    • 5.7.1 KEY TECHNOLOGIES
      • 5.7.1.1 Full matrix capture (FMC) and total focusing method (TFM)
      • 5.7.1.2 Electromagnetic acoustic transducer (EMAT)
    • 5.7.2 COMPLEMENTARY TECHNOLOGIES
      • 5.7.2.1 Guided wave ultrasonic testing (GWUT)
    • 5.7.3 ADJACENT TECHNOLOGIES
      • 5.7.3.1 Dynamic interferometer
  • 5.8 INVESTMENT AND FUNDING SCENARIO
  • 5.9 PRICING ANALYSIS
    • 5.9.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY EQUIPMENT
    • 5.9.2 AVERAGE SELLING PRICE TREND, BY REGION
  • 5.10 CASE STUDY ANALYSIS
    • 5.10.1 GUIDED ULTRASONICS LTD. ADDRESSES CORROSION UNDER PIPE SUPPORT IN OIL & GAS INDUSTRY
    • 5.10.2 ULTRASONIC INSPECTION OF FLARE STACK USING ROPE ACCESS ENGINEERING BY SUTRO GROUP
    • 5.10.3 OPTIMIZING HEAT EXCHANGER WELD INSPECTIONS WITH COBRA PHASED ARRAY ULTRASONIC TESTING (PAUT) SOLUTION BY EVIDENT
  • 5.11 PATENT ANALYSIS
  • 5.12 TRADE ANALYSIS
    • 5.12.1 IMPORT SCENARIO (HS CODE 9031)
    • 5.12.2 EXPORT SCENARIO (HS CODE 9031)
  • 5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
    • 5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
    • 5.13.2 BUYING CRITERIA
  • 5.14 TARIFF AND REGULATORY LANDSCAPE
    • 5.14.1 TARIFF ANALYSIS
    • 5.14.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • 5.15 KEY CONFERENCES AND EVENTS, 2024-2025
  • 5.16 IMPACT OF GENERATIVE AI/AI ON ULTRASONIC TESTING MARKET
    • 5.16.1 INTRODUCTION

6 ULTRASONIC TESTING MARKET, BY EQUIPMENT

  • 6.1 INTRODUCTION
  • 6.2 FLAW DETECTORS
    • 6.2.1 ABILITY OF FLAW DETECTORS TO IDENTIFY DISCONTINUITIES TO DRIVE THEIR ADOPTION
  • 6.3 THICKNESS GAUGES
    • 6.3.1 HIGH PRECISION OF ULTRASONIC THICKNESS GAUGES TO DRIVE THEIR USE IN OIL & GAS INDUSTRY
  • 6.4 TRANSDUCERS & PROBES
    • 6.4.1 ROBUST INSPECTION CAPABILITIES OF TRANSDUCERS AND PROBES TO PROPEL THEIR ADOPTION
  • 6.5 INDUSTRIAL SCANNERS
    • 6.5.1 FOCUS ON ENHANCED QUALITY AND PRECISION IN TESTING RESULTS TO BOOST ADOPTION OF INDUSTRIAL SCANNERS
  • 6.6 TUBE INSPECTION SYSTEMS
    • 6.6.1 NEED FOR HIGH-PRECISION DETECTION OF CORROSION AND CRACKS TO FUEL ADOPTION OF TUBE INSPECTION SYSTEMS IN POWER SECTOR
  • 6.7 BOND TESTERS
    • 6.7.1 EFFECTIVENESS OF BOND TESTERS IN VERIFYING INTEGRITY OF ADHESIVELY BONDED JOINTS TO FUEL THEIR ADOPTION IN OIL & GAS AND AEROSPACE INDUSTRIES
  • 6.8 IMAGING SYSTEMS
    • 6.8.1 IMAGING SYSTEMS ENABLE IDENTIFICATION OF INTERNAL FLAWS WITHOUT CAUSING DAMAGE
  • 6.9 OTHERS

7 ULTRASONIC TESTING MARKET, BY SERVICE

  • 7.1 INTRODUCTION
  • 7.2 INSPECTION SERVICES
    • 7.2.1 NEED FOR IMPROVED ACCURACY, EFFICIENCY, QUICK INSPECTION TIMES, AND REDUCED COSTS TO DRIVE MARKET
  • 7.3 EQUIPMENT RENTAL SERVICES
    • 7.3.1 DEMAND FOR COST-EFFECTIVE WAY TO ACCESS SPECIALIZED TESTING TOOLS TO DRIVE MARKET
  • 7.4 CALIBRATION SERVICES
    • 7.4.1 EMPHASIS ON ENHANCED MEASUREMENT ACCURACY AND REDUCED TESTING EQUIPMENT UNCERTAINTIES TO DRIVE SEGMENTAL GROWTH
  • 7.5 TRAINING SERVICES
    • 7.5.1 WIDE COVERAGE OF ULTRASONIC TESTING ACROSS INDUSTRIES TO FUEL DEMAND

8 ULTRASONIC TESTING MARKET, BY TYPE

  • 8.1 INTRODUCTION
  • 8.2 PHASED ARRAY
    • 8.2.1 NEED FOR ENHANCED ACCURACY AND QUICK AND EFFICIENT INSPECTION TO DRIVE MARKET
  • 8.3 TIME-OF-FLIGHT DIFFRACTION
    • 8.3.1 OFFERS ACCURATE DETECTION OF CRACKS AND FUSION DEFICIENCIES
  • 8.4 IMMERSION TESTING
    • 8.4.1 OFFERS ENHANCED DETECTION OF INTERNAL AND SURFACE FLAWS
  • 8.5 GUIDED WAVE TESTING
    • 8.5.1 LONG-RANGE INSPECTION AND MONITORING CAPABILITIES OF GUIDED WAVE TESTING TO DRIVE MARKET
  • 8.6 ACOUSTOGRAPHY
    • 8.6.1 SUITABILITY OF ACOUSTOGRAPHY FOR SINGLE-SIDE INSPECTION WITHOUT REQUIRING IMMERSION TANK TO DRIVE MARKET
  • 8.7 OTHER TYPES

9 ULTRASONIC TESTING MARKET, BY VERTICAL

  • 9.1 INTRODUCTION
  • 9.2 MANUFACTURING
    • 9.2.1 NEED FOR RIGOROUS QUALITY STANDARDS TO ENSURE PRODUCT RELIABILITY AND SAFETY TO BOOST MARKET
  • 9.3 OIL & GAS
    • 9.3.1 STRINGENT REGULATIONS TO PREVENT LEAKS AND SPILLS TO BOOST ADOPTION OF ULTRASONIC TESTING SERVICES
  • 9.4 AEROSPACE
    • 9.4.1 EXTENSIVE USE OF COMPOSITE MATERIALS TO FUEL NEED FOR ULTRASONIC TESTING SERVICES
  • 9.5 GOVERNMENT & INFRASTRUCTURE
    • 9.5.1 EMPHASIS ON MAINTAINING INFRASTRUCTURAL INTEGRITY TO PROPEL DEMAND FOR ULTRASONIC TESTING SERVICES
  • 9.6 AUTOMOTIVE
    • 9.6.1 RISING DEMAND FOR SAFETY AND QUALITY ASSURANCE TO BOOST GROWTH
  • 9.7 POWER GENERATION
    • 9.7.1 STRINGENT SAFETY AND REGULATORY REQUIREMENTS TO ENCOURAGE USE OF ULTRASONIC TESTING SERVICES
  • 9.8 MARINE
    • 9.8.1 AGING GLOBAL FLEET AND INCREASED MAINTENANCE NEEDS TO DRIVE MARKET
  • 9.9 OTHER VERTICALS

10 ULTRASONIC TESTING MARKET, BY REGION

  • 10.1 INTRODUCTION
  • 10.2 NORTH AMERICA
    • 10.2.1 NORTH AMERICA: MACROECONOMIC OUTLOOK
    • 10.2.2 US
      • 10.2.2.1 Increasing adoption of ultrasonic testing services in automotive and aerospace industries to boost growth
    • 10.2.3 CANADA
      • 10.2.3.1 Significant growth in aging infrastructure needing inspection and maintenance to boost market
    • 10.2.4 MEXICO
      • 10.2.4.1 Need for adherence to domestic and international safety standards to propel market
  • 10.3 EUROPE
    • 10.3.1 EUROPE: MACROECONOMIC OUTLOOK
    • 10.3.2 GERMANY
      • 10.3.2.1 Growing automotive and aerospace industries to fuel demand for ultrasonic testing services
    • 10.3.3 UK
      • 10.3.3.1 Significant growth in aging infrastructure to drive demand for ultrasonic testing services
    • 10.3.4 FRANCE
      • 10.3.4.1 Growing emphasis on safety and durability of infrastructure to boost market
    • 10.3.5 ITALY
      • 10.3.5.1 Booming aerospace & defense sector to propel need for advanced ultrasonic testing services
    • 10.3.6 REST OF EUROPE
  • 10.4 ASIA PACIFIC
    • 10.4.1 ASIA PACIFIC: MACROECONOMIC OUTLOOK
    • 10.4.2 CHINA
      • 10.4.2.1 China's energy sector uses ultrasonic testing services to maintain safety and operational standards
    • 10.4.3 JAPAN
      • 10.4.3.1 Need for frequent inspection of bridges, tunnels, and dams for safety and longevity to boost growth
    • 10.4.4 INDIA
      • 10.4.4.1 Increasing safety regulations and quality control measures across industries to boost demand
    • 10.4.5 REST OF ASIA PACIFIC
  • 10.5 REST OF THE WORLD (ROW)
    • 10.5.1 ROW: MACROECONOMIC OUTLOOK
    • 10.5.2 SOUTH AMERICA
      • 10.5.2.1 Brazil
        • 10.5.2.1.1 Emphasis on preventive maintenance and inspection strategies in industries like manufacturing and construction to drive market
      • 10.5.2.2 Rest of South America
    • 10.5.3 MIDDLE EAST & AFRICA
      • 10.5.3.1 GCC
        • 10.5.3.1.1 Focus on necessitating rigorous inspection and maintenance of pipelines, rigs, and refineries to boost demand
      • 10.5.3.2 Rest of Middle East & Africa

11 COMPETITIVE LANDSCAPE

  • 11.1 OVERVIEW
  • 11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, MAY 2021-OCTOBER 2024
  • 11.3 REVENUE ANALYSIS, 2021-2023
  • 11.4 MARKET SHARE ANALYSIS, 2023
  • 11.5 COMPANY VALUATION AND FINANCIAL METRICS
  • 11.6 PRODUCT/BRAND COMPARISON
  • 11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
    • 11.7.1 STARS
    • 11.7.2 EMERGING LEADERS
    • 11.7.3 PERVASIVE PLAYERS
    • 11.7.4 PARTICIPANTS
    • 11.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
      • 11.7.5.1 Company footprint
      • 11.7.5.2 Company footprint: Key players, 2023
      • 11.7.5.3 Region footprint
      • 11.7.5.4 Type footprint
      • 11.7.5.5 Equipment footprint
      • 11.7.5.6 Service footprint
      • 11.7.5.7 Vertical footprint
  • 11.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
    • 11.8.1 PROGRESSIVE COMPANIES
    • 11.8.2 RESPONSIVE COMPANIES
    • 11.8.3 DYNAMIC COMPANIES
    • 11.8.4 STARTING BLOCKS
    • 11.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
      • 11.8.5.1 List of startups/SMEs
      • 11.8.5.2 Competitive benchmarking of startups/SMEs
  • 11.9 COMPETITIVE SCENARIO
    • 11.9.1 PRODUCT LAUNCHES
    • 11.9.2 DEALS

12 COMPANY PROFILES

  • 12.1 KEY EQUIPMENT MANUFACTURERS
    • 12.1.1 BAKER HUGHES COMPANY (WAYGATE TECHNOLOGIES)
      • 12.1.1.1 Business overview
      • 12.1.1.2 Products/Solutions/Services offered
      • 12.1.1.3 Recent developments
        • 12.1.1.3.1 Product launches
      • 12.1.1.4 MnM view
        • 12.1.1.4.1 Key strengths/Right to win
        • 12.1.1.4.2 Strategic choices
        • 12.1.1.4.3 Weaknesses/Competitive threats
    • 12.1.2 EVIDENT
      • 12.1.2.1 Business overview
      • 12.1.2.2 Products/Solutions/Services offered
      • 12.1.2.3 Recent developments
        • 12.1.2.3.1 Product launches
      • 12.1.2.4 MnM view
        • 12.1.2.4.1 Key strengths/Right to win
        • 12.1.2.4.2 Strategic choices
        • 12.1.2.4.3 Weaknesses/Competitive threats
    • 12.1.3 EDDYFI
      • 12.1.3.1 Business overview
      • 12.1.3.2 Products/Solutions/Services offered
      • 12.1.3.3 Recent developments
        • 12.1.3.3.1 Product launches
        • 12.1.3.3.2 Deals
    • 12.1.4 SONATEST
      • 12.1.4.1 Business overview
      • 12.1.4.2 Products/Solutions/Services offered
    • 12.1.5 NDT SYSTEMS INC
      • 12.1.5.1 Business overview
      • 12.1.5.2 Products/Solutions/Services offered
  • 12.2 KEY SERVICE PROVIDERS
    • 12.2.1 SGS SOCIETE GENERALE DE SURVEILLANCE SA.
      • 12.2.1.1 Business overview
      • 12.2.1.2 Products/Solutions/Services offered
      • 12.2.1.3 MnM view
        • 12.2.1.3.1 Key strengths
        • 12.2.1.3.2 Strategic choices
        • 12.2.1.3.3 Weaknesses/Competitive threats
    • 12.2.2 INTERTEK GROUP PLC
      • 12.2.2.1 Business overview
      • 12.2.2.2 Products/Solutions/Services offered
      • 12.2.2.3 MnM view
        • 12.2.2.3.1 Key strengths/Right to win
        • 12.2.2.3.2 Strategic choices
        • 12.2.2.3.3 Weaknesses/Competitive threats
    • 12.2.3 MISTRAS GROUP
      • 12.2.3.1 Business overview
      • 12.2.3.2 Products/Solutions/Services offered
      • 12.2.3.3 MnM view
        • 12.2.3.3.1 Key strengths/Right to win
        • 12.2.3.3.2 Strategic choices
        • 12.2.3.3.3 Weaknesses/Competitive threats
    • 12.2.4 DEKRA
      • 12.2.4.1 Business overview
      • 12.2.4.2 Products/Solutions/Services offered
      • 12.2.4.3 MnM view
        • 12.2.4.3.1 Key strengths/Right to win
        • 12.2.4.3.2 Strategic choices
        • 12.2.4.3.3 Weaknesses/Competitive threats
    • 12.2.5 APPLUS+
      • 12.2.5.1 Business overview
      • 12.2.5.2 Products/Solutions/Services offered
    • 12.2.6 TUV RHEINLAND
      • 12.2.6.1 Business overview
      • 12.2.6.2 Products/Solutions/Services offered
    • 12.2.7 ELEMENT MATERIALS TECHNOLOGY
      • 12.2.7.1 Business overview
      • 12.2.7.2 Products/Solutions/Services offered
      • 12.2.7.3 Recent developments
        • 12.2.7.3.1 Deals
  • 12.3 OTHER PLAYERS
    • 12.3.1 ACOUSTIC CONTROL SYSTEMS
    • 12.3.2 AMERAPEX CORPORATION
    • 12.3.3 ASHTEAD TECHNOLOGY
    • 12.3.4 ACUREN
    • 12.3.5 MODSONIC INSTRUMENTS MFG. CO. (P) LTD.
    • 12.3.6 SONOTEC GMBH
    • 12.3.7 APPLIED TECHNICAL SERVICES
    • 12.3.8 NEXXIS
    • 12.3.9 VERTECH GROUP
    • 12.3.10 GUIDED ULTRASONICS LTD.
    • 12.3.11 IRISNDT
    • 12.3.12 NANJING BKN AUTOMATION SYSTEM CO., LTD.
    • 12.3.13 OKONDT GROUP

13 APPENDIX

  • 13.1 INSIGHTS FROM INDUSTRY EXPERTS
  • 13.2 DISCUSSION GUIDE
  • 13.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
  • 13.4 CUSTOMIZATION OPTIONS
  • 13.5 RELATED REPORTS
  • 13.6 AUTHOR DETAILS

List of Tables

  • TABLE 1 IMPACT OF PORTER'S FIVE FORCES ON ULTRASONIC TESTING MARKET
  • TABLE 2 ULTRASONIC TESTING MARKET: ROLE OF COMPANIES IN ECOSYSTEM
  • TABLE 3 AVERAGE SELLING PRICE TREND OF ULTRASONIC TESTING EQUIPMENT BY KEY PLAYERS, 2019-2023 (USD)
  • TABLE 4 AVERAGE SELLING PRICE TREND OF FLAW DETECTORS, BY REGION, 2020-2023 (USD)
  • TABLE 5 LIST OF MAJOR PATENTS, 2023-2024
  • TABLE 6 IMPORT DATA FOR HS CODE 9031-COMPLIANT PRODUCTS, BY COUNTRY, 2019-2023 (USD MILLION)
  • TABLE 7 EXPORT DATA FOR HS CODE 9031-COMPLIANT PRODUCTS, BY COUNTRY, 2019-2023 (USD MILLION)
  • TABLE 8 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 VERTICALS (%)
  • TABLE 9 KEY BUYING CRITERIA FOR TOP 3 VERTICALS
  • TABLE 10 MFN TARIFF FOR HS CODE 9031-COMPLIANT PRODUCTS EXPORTED BY US, 2023
  • TABLE 11 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 12 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 13 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 14 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 15 KEY CONFERENCES AND EVENTS, 2024-2025
  • TABLE 16 ULTRASONIC TESTING MARKET, BY EQUIPMENT, 2020-2023 (USD MILLION)
  • TABLE 17 ULTRASONIC TESTING MARKET, BY EQUIPMENT, 2024-2029 (USD MILLION)
  • TABLE 18 ULTRASONIC TESTING MARKET, BY EQUIPMENT, 2020-2023 (THOUSAND UNITS)
  • TABLE 19 ULTRASONIC TESTING MARKET, BY EQUIPMENT, 2024-2029 (THOUSAND UNITS)
  • TABLE 20 EQUIPMENT: ULTRASONIC TESTING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 21 EQUIPMENT: ULTRASONIC TESTING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 22 EQUIPMENT: ULTRASONIC TESTING MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 23 EQUIPMENT: ULTRASONIC TESTING MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 24 EQUIPMENT: ULTRASONIC TESTING MARKET FOR MANUFACTURING, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 25 EQUIPMENT: ULTRASONIC TESTING MARKET FOR MANUFACTURING, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 26 EQUIPMENT: ULTRASONIC TESTING MARKET FOR OIL & GAS, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 27 EQUIPMENT: ULTRASONIC TESTING MARKET FOR OIL & GAS, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 28 EQUIPMENT: ULTRASONIC TESTING MARKET FOR AEROSPACE, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 29 EQUIPMENT: ULTRASONIC TESTING MARKET FOR AEROSPACE, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 30 EQUIPMENT: ULTRASONIC TESTING MARKET FOR GOVERNMENT & INFRASTRUCTURE, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 31 EQUIPMENT: ULTRASONIC TESTING MARKET FOR GOVERNMENT & INFRASTRUCTURE, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 32 EQUIPMENT: ULTRASONIC TESTING MARKET FOR AUTOMOTIVE, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 33 EQUIPMENT: ULTRASONIC TESTING MARKET FOR AUTOMOTIVE, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 34 EQUIPMENT: ULTRASONIC TESTING MARKET FOR POWER GENERATION, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 35 EQUIPMENT: ULTRASONIC TESTING MARKET FOR POWER GENERATION, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 36 EQUIPMENT: ULTRASONIC TESTING MARKET FOR MARINE, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 37 EQUIPMENT: ULTRASONIC TESTING MARKET FOR MARINE, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 38 EQUIPMENT: ULTRASONIC TESTING MARKET FOR OTHER VERTICALS, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 39 EQUIPMENT: ULTRASONIC TESTING MARKET FOR OTHER VERTICALS, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 40 FLAW DETECTORS: ULTRASONIC TESTING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 41 FLAW DETECTORS: ULTRASONIC TESTING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 42 THICKNESS GAUGES: ULTRASONIC TESTING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 43 THICKNESS GAUGES: ULTRASONIC TESTING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 44 TRANSDUCERS & PROBES: ULTRASONIC TESTING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 45 TRANSDUCERS & PROBES: ULTRASONIC TESTING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 46 INDUSTRIAL SCANNERS: ULTRASONIC TESTING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 47 INDUSTRIAL SCANNERS: ULTRASONIC TESTING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 48 TUBE INSPECTION SYSTEMS: ULTRASONIC TESTING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 49 TUBE INSPECTION SYSTEMS: ULTRASONIC TESTING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 50 BOND TESTERS: ULTRASONIC TESTING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 51 BOND TESTERS: ULTRASONIC TESTING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 52 IMAGING SYSTEMS: ULTRASONIC TESTING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 53 IMAGING SYSTEMS: ULTRASONIC TESTING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 54 OTHERS: ULTRASONIC TESTING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 55 OTHERS: ULTRASONIC TESTING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 56 ULTRASONIC TESTING MARKET, BY SERVICE, 2020-2023 (USD MILLION)
  • TABLE 57 ULTRASONIC TESTING MARKET, BY SERVICE, 2024-2029 (USD MILLION)
  • TABLE 58 SERVICES: ULTRASONIC TESTING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 59 SERVICES: ULTRASONIC TESTING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 60 SERVICES: ULTRASONIC TESTING MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 61 SERVICES: ULTRASONIC TESTING MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 62 SERVICES: ULTRASONIC TESTING MARKET FOR MANUFACTURING, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 63 SERVICES: ULTRASONIC TESTING MARKET FOR MANUFACTURING, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 64 SERVICES: ULTRASONIC TESTING MARKET FOR OIL & GAS, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 65 SERVICES: ULTRASONIC TESTING MARKET FOR OIL & GAS, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 66 SERVICES: ULTRASONIC TESTING MARKET FOR AEROSPACE, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 67 SERVICES: ULTRASONIC TESTING MARKET FOR AEROSPACE, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 68 SERVICES: ULTRASONIC TESTING MARKET FOR GOVERNMENT & INFRASTRUCTURE, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 69 SERVICES: ULTRASONIC TESTING MARKET FOR GOVERNMENT & INFRASTRUCTURE, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 70 SERVICES: ULTRASONIC TESTING MARKET FOR AUTOMOTIVE, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 71 SERVICES: ULTRASONIC TESTING MARKET FOR AUTOMOTIVE, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 72 SERVICES: ULTRASONIC TESTING MARKET FOR POWER GENERATION, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 73 SERVICES: ULTRASONIC TESTING MARKET FOR POWER GENERATION, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 74 SERVICES: ULTRASONIC TESTING MARKET FOR MARINE, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 75 SERVICES: ULTRASONIC TESTING MARKET FOR MARINE, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 76 SERVICES: ULTRASONIC TESTING MARKET FOR OTHER VERTICALS, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 77 SERVICES: ULTRASONIC TESTING MARKET FOR OTHER VERTICALS, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 78 INSPECTION SERVICES: ULTRASONIC TESTING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 79 INSPECTION SERVICES: ULTRASONIC TESTING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 80 EQUIPMENT RENTAL SERVICES: ULTRASONIC TESTING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 81 EQUIPMENT RENTAL SERVICES: ULTRASONIC TESTING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 82 CALIBRATION SERVICES: ULTRASONIC TESTING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 83 CALIBRATION SERVICES: ULTRASONIC TESTING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 84 TRAINING SERVICES: ULTRASONIC TESTING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 85 TRAINING SERVICES: ULTRASONIC TESTING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 86 ULTRASONIC TESTING MARKET, BY TYPE, 2020-2023 (USD MILLION)
  • TABLE 87 ULTRASONIC TESTING MARKET, BY TYPE, 2024-2029 (USD MILLION)
  • TABLE 88 ULTRASONIC TESTING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 89 ULTRASONIC TESTING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 90 MANUFACTURING: ULTRASONIC TESTING MARKET, BY EQUIPMENT, 2020-2023 (USD MILLION)
  • TABLE 91 MANUFACTURING: ULTRASONIC TESTING MARKET, BY EQUIPMENT, 2024-2029 (USD MILLION)
  • TABLE 92 MANUFACTURING: ULTRASONIC TESTING MARKET, BY SERVICE, 2020-2023 (USD MILLION)
  • TABLE 93 MANUFACTURING: ULTRASONIC TESTING MARKET, BY SERVICE, 2024-2029 (USD MILLION)
  • TABLE 94 MANUFACTURING: ULTRASONIC TESTING MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 95 MANUFACTURING: ULTRASONIC TESTING MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 96 OIL & GAS: ULTRASONIC TESTING MARKET, BY EQUIPMENT, 2020-2023 (USD MILLION)
  • TABLE 97 OIL & GAS: ULTRASONIC TESTING MARKET, BY EQUIPMENT, 2024-2029 (USD MILLION)
  • TABLE 98 OIL & GAS: ULTRASONIC TESTING MARKET, BY SERVICE, 2020-2023 (USD MILLION)
  • TABLE 99 OIL & GAS: ULTRASONIC TESTING MARKET, BY SERVICE, 2024-2029 (USD MILLION)
  • TABLE 100 OIL & GAS: ULTRASONIC TESTING MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 101 OIL & GAS: ULTRASONIC TESTING MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 102 AEROSPACE: ULTRASONIC TESTING MARKET, BY EQUIPMENT, 2020-2023 (USD MILLION)
  • TABLE 103 AEROSPACE: ULTRASONIC TESTING MARKET, BY EQUIPMENT, 2024-2029 (USD MILLION)
  • TABLE 104 AEROSPACE: ULTRASONIC TESTING MARKET, BY SERVICE, 2020-2023 (USD MILLION)
  • TABLE 105 AEROSPACE: ULTRASONIC TESTING MARKET, BY SERVICE, 2024-2029 (USD MILLION)
  • TABLE 106 AEROSPACE: ULTRASONIC TESTING MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 107 AEROSPACE: ULTRASONIC TESTING MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 108 GOVERNMENT & INFRASTRUCTURE: ULTRASONIC TESTING MARKET, BY EQUIPMENT, 2020-2023 (USD MILLION)
  • TABLE 109 GOVERNMENT & INFRASTRUCTURE: ULTRASONIC TESTING MARKET, BY EQUIPMENT, 2024-2029 (USD MILLION)
  • TABLE 110 GOVERNMENT & INFRASTRUCTURE: ULTRASONIC TESTING MARKET, BY SERVICE, 2020-2023 (USD MILLION)
  • TABLE 111 GOVERNMENT & INFRASTRUCTURE: ULTRASONIC TESTING MARKET, BY SERVICE, 2024-2029 (USD MILLION)
  • TABLE 112 GOVERNMENT & INFRASTRUCTURE: ULTRASONIC TESTING MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 113 GOVERNMENT & INFRASTRUCTURE: ULTRASONIC TESTING MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 114 AUTOMOTIVE: ULTRASONIC TESTING MARKET, BY EQUIPMENT, 2020-2023 (USD MILLION)
  • TABLE 115 AUTOMOTIVE: ULTRASONIC TESTING MARKET, BY EQUIPMENT, 2024-2029 (USD MILLION)
  • TABLE 116 AUTOMOTIVE: ULTRASONIC TESTING MARKET, BY SERVICE, 2020-2023 (USD MILLION)
  • TABLE 117 AUTOMOTIVE: ULTRASONIC TESTING MARKET, BY SERVICE, 2024-2029 (USD MILLION)
  • TABLE 118 AUTOMOTIVE: ULTRASONIC TESTING MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 119 AUTOMOTIVE: ULTRASONIC TESTING MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 120 POWER GENERATION: ULTRASONIC TESTING MARKET, BY EQUIPMENT, 2020-2023 (USD MILLION)
  • TABLE 121 POWER GENERATION: ULTRASONIC TESTING MARKET, BY EQUIPMENT, 2024-2029 (USD MILLION)
  • TABLE 122 POWER GENERATION: ULTRASONIC TESTING MARKET, BY SERVICE, 2020-2023 (USD MILLION)
  • TABLE 123 POWER GENERATION: ULTRASONIC TESTING MARKET, BY SERVICE, 2024-2029 (USD MILLION)
  • TABLE 124 POWER GENERATION: ULTRASONIC TESTING MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 125 POWER GENERATION: ULTRASONIC TESTING MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 126 MARINE: ULTRASONIC TESTING MARKET, BY EQUIPMENT, 2020-2023 (USD MILLION)
  • TABLE 127 MARINE: ULTRASONIC TESTING MARKET, BY EQUIPMENT, 2024-2029 (USD MILLION)
  • TABLE 128 MARINE: ULTRASONIC TESTING MARKET, BY SERVICE, 2020-2023 (USD MILLION)
  • TABLE 129 MARINE: ULTRASONIC TESTING MARKET, BY SERVICE, 2024-2029 (USD MILLION)
  • TABLE 130 MARINE: ULTRASONIC TESTING MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 131 MARINE: ULTRASONIC TESTING MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 132 OTHER VERTICALS: ULTRASONIC TESTING MARKET, BY EQUIPMENT, 2020-2023 (USD MILLION)
  • TABLE 133 OTHER VERTICALS: ULTRASONIC TESTING MARKET, BY EQUIPMENT, 2024-2029 (USD MILLION)
  • TABLE 134 OTHER VERTICALS: ULTRASONIC TESTING MARKET, BY SERVICE, 2020-2023 (USD MILLION)
  • TABLE 135 OTHER VERTICALS: ULTRASONIC TESTING MARKET, BY SERVICE, 2024-2029 (USD MILLION)
  • TABLE 136 OTHER VERTICALS: ULTRASONIC TESTING MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 137 OTHER VERTICALS: ULTRASONIC TESTING MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 138 ULTRASONIC TESTING MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 139 ULTRASONIC TESTING MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 140 NORTH AMERICA: ULTRASONIC TESTING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 141 NORTH AMERICA: ULTRASONIC TESTING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 142 NORTH AMERICA: ULTRASONIC TESTING MARKET FOR EQUIPMENT, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 143 NORTH AMERICA: ULTRASONIC TESTING MARKET FOR EQUIPMENT, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 144 NORTH AMERICA: ULTRASONIC TESTING MARKET FOR SERVICES, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 145 NORTH AMERICA: ULTRASONIC TESTING MARKET FOR SERVICES, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 146 NORTH AMERICA: ULTRASONIC TESTING MARKET, BY COUNTRY, 2020-2023 (USD MILLION)
  • TABLE 147 NORTH AMERICA: ULTRASONIC TESTING MARKET, BY COUNTRY, 2024-2029 (USD MILLION)
  • TABLE 148 EUROPE: ULTRASONIC TESTING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 149 EUROPE: ULTRASONIC TESTING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 150 EUROPE: ULTRASONIC TESTING MARKET FOR EQUIPMENT, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 151 EUROPE: ULTRASONIC TESTING MARKET FOR EQUIPMENT, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 152 EUROPE: ULTRASONIC TESTING MARKET FOR SERVICES, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 153 EUROPE: ULTRASONIC TESTING MARKET FOR SERVICES, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 154 EUROPE: ULTRASONIC TESTING MARKET, BY COUNTRY, 2020-2023 (USD MILLION)
  • TABLE 155 EUROPE: ULTRASONIC TESTING MARKET, BY COUNTRY, 2024-2029 (USD MILLION)
  • TABLE 156 ASIA PACIFIC: ULTRASONIC TESTING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 157 ASIA PACIFIC: ULTRASONIC TESTING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 158 ASIA PACIFIC: ULTRASONIC TESTING MARKET FOR EQUIPMENT, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 159 ASIA PACIFIC: ULTRASONIC TESTING MARKET FOR EQUIPMENT, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 160 ASIA PACIFIC: ULTRASONIC TESTING MARKET FOR SERVICES, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 161 ASIA PACIFIC: ULTRASONIC TESTING MARKET FOR SERVICES, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 162 ASIA PACIFIC: ULTRASONIC TESTING MARKET, BY COUNTRY, 2020-2023 (USD MILLION)
  • TABLE 163 ASIA PACIFIC: ULTRASONIC TESTING MARKET, BY COUNTRY, 2024-2029 (USD MILLION)
  • TABLE 164 ROW: ULTRASONIC TESTING MARKET, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 165 ROW: ULTRASONIC TESTING MARKET, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 166 ROW: ULTRASONIC TESTING MARKET FOR EQUIPMENT, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 167 ROW: ULTRASONIC TESTING MARKET FOR EQUIPMENT, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 168 ROW: ULTRASONIC TESTING MARKET FOR SERVICES, BY VERTICAL, 2020-2023 (USD MILLION)
  • TABLE 169 ROW: ULTRASONIC TESTING MARKET FOR SERVICES, BY VERTICAL, 2024-2029 (USD MILLION)
  • TABLE 170 ROW: ULTRASONIC TESTING MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 171 ROW: ULTRASONIC TESTING MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 172 SOUTH AMERICA: ULTRASONIC TESTING MARKET, BY COUNTRY, 2020-2023 (USD MILLION)
  • TABLE 173 SOUTH AMERICA: ULTRASONIC TESTING MARKET, BY COUNTRY, 2024-2029 (USD MILLION)
  • TABLE 174 MIDDLE EAST & AFRICA: ULTRASONIC TESTING MARKET, BY REGION, 2020-2023 (USD MILLION)
  • TABLE 175 MIDDLE EAST & AFRICA: ULTRASONIC TESTING MARKET, BY REGION, 2024-2029 (USD MILLION)
  • TABLE 176 ULTRASONIC TESTING MARKET: KEY PLAYER STRATEGIES/RIGHT TO WIN, MAY 2021- OCTOBER 2024
  • TABLE 177 ULTRASONIC TESTING MARKET: DEGREE OF COMPETITION
  • TABLE 178 ULTRASONIC TESTING MARKET: COMPANY FOOTPRINT
  • TABLE 179 ULTRASONIC TESTING MARKET: REGION FOOTPRINT
  • TABLE 180 ULTRASONIC TESTING MARKET: TYPE FOOTPRINT
  • TABLE 181 ULTRASONIC TESTING MARKET: EQUIPMENT FOOTPRINT
  • TABLE 182 ULTRASONIC TESTING MARKET: SERVICE FOOTPRINT
  • TABLE 183 ULTRASONIC TESTING MARKET: VERTICAL FOOTPRINT
  • TABLE 184 ULTRASONIC TESTING MARKET: LIST OF KEY STARTUPS/SMES
  • TABLE 185 ULTRASONIC TESTING MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES
  • TABLE 186 ULTRASONIC TESTING MARKET: PRODUCT LAUNCHES, MAY 2021-OCTOBER 2024
  • TABLE 187 ULTRASONIC TESTING MARKET: DEALS, FEBRUARY 2023-SEPTEMBER 2024
  • TABLE 188 BAKER HUGHES COMPANY (WAYGATE TECHNOLOGIES): COMPANY OVERVIEW
  • TABLE 189 BAKER HUGHES COMPANY (WAYGATE TECHNOLOGIES): PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 190 BAKER HUGHES COMPANY (WAYGATE TECHNOLOGIES): PRODUCT LAUNCHES
  • TABLE 191 EVIDENT: COMPANY OVERVIEW
  • TABLE 192 EVIDENT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 193 EVIDENT: PRODUCT LAUNCHES
  • TABLE 194 EDDYFI: COMPANY OVERVIEW
  • TABLE 195 EDDYFI: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 196 EDDYFI: PRODUCT LAUNCHES
  • TABLE 197 EDDYFI: DEALS
  • TABLE 198 SONATEST: COMPANY OVERVIEW
  • TABLE 199 SONATEST: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 200 NDT SYSTEMS INC: COMPANY OVERVIEW
  • TABLE 201 NDT SYSTEMS INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 202 SGS SOCIETE GENERALE DE SURVEILLANCE SA.: COMPANY OVERVIEW
  • TABLE 203 SGS SOCIETE GENERALE DE SURVEILLANCE SA.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 204 INTERTEK GROUP PLC: COMPANY OVERVIEW
  • TABLE 205 INTERTEK GROUP PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 206 MISTRAS GROUP: COMPANY OVERVIEW
  • TABLE 207 MISTRAS GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 208 DEKRA: COMPANY OVERVIEW
  • TABLE 209 DEKRA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 210 APPLUS+: COMPANY OVERVIEW
  • TABLE 211 APPLUS+: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 212 TUV RHEINLAND: COMPANY OVERVIEW
  • TABLE 213 TUV RHEINLAND: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 214 ELEMENT MATERIALS TECHNOLOGY: COMPANY OVERVIEW
  • TABLE 215 ELEMENT MATERIALS TECHNOLOGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 216 ELEMENT MATERIALS TECHNOLOGY: DEALS
  • TABLE 217 ACOUSTIC CONTROL SYSTEMS: COMPANY OVERVIEW
  • TABLE 218 AMERAPEX CORPORATION: COMPANY OVERVIEW
  • TABLE 219 ASHTEAD TECHNOLOGY: COMPANY OVERVIEW
  • TABLE 220 ACUREN: COMPANY OVERVIEW
  • TABLE 221 MODSONIC INSTRUMENTS MFG. CO. (P) LTD.: COMPANY OVERVIEW
  • TABLE 222 SONOTEC GMBH: COMPANY OVERVIEW
  • TABLE 223 APPLIED TECHNICAL SERVICES: COMPANY OVERVIEW
  • TABLE 224 NEXXIS: COMPANY OVERVIEW
  • TABLE 225 VERTECH GROUP: COMPANY OVERVIEW
  • TABLE 226 GUIDED ULTRASONICS LTD.: COMPANY OVERVIEW
  • TABLE 227 IRISNDT: COMPANY OVERVIEW
  • TABLE 228 NANJING BKN AUTOMATION SYSTEM CO., LTD.: COMPANY OVERVIEW
  • TABLE 229 OKONDT GROUP: COMPANY OVERVIEW

List of Figures

  • FIGURE 1 MARKET SEGMENTATION
  • FIGURE 2 ULTRASONIC TESTING MARKET: RESEARCH DESIGN
  • FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY-APPROACH 1 (SUPPLY SIDE): REVENUE GENERATED BY KEY PLAYERS IN ULTRASONIC TESTING MARKET
  • FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY-APPROACH 2 (SUPPLY SIDE): ILLUSTRATION OF REVENUE ESTIMATION OF KEY PLAYERS IN ULTRASONIC TESTING MARKET
  • FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY-APPROACH 3 (DEMAND SIDE): ULTRASONIC TESTING MARKET BASED ON REGION
  • FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
  • FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
  • FIGURE 8 DATA TRIANGULATION
  • FIGURE 9 ULTRASONIC TESTING MARKET, 2020-2029 (USD MILLION)
  • FIGURE 10 PHASED ARRAY SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD
  • FIGURE 11 FLAW DETECTORS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
  • FIGURE 12 INSPECTION SERVICES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
  • FIGURE 13 POWER GENERATION SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD
  • FIGURE 14 ASIA PACIFIC TO RECORD HIGHEST GROWTH DURING FORECAST PERIOD
  • FIGURE 15 RAPID INDUSTRIALIZATION AND URBANIZATION TO DRIVE ULTRASONIC TESTING MARKET
  • FIGURE 16 INSPECTION SERVICES SEGMENT TO ACCOUNT FOR SIGNIFICANT SHARE BY 2029
  • FIGURE 17 POWER GENERATION SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
  • FIGURE 18 NORTH AMERICA TO LEAD MARKET DURING FORECAST PERIOD
  • FIGURE 19 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN ULTRASONIC TESTING MARKET
  • FIGURE 20 IMPACT ANALYSIS: DRIVERS
  • FIGURE 21 IMPACT ANALYSIS: RESTRAINTS
  • FIGURE 22 IMPACT ANALYSIS: OPPORTUNITIES
  • FIGURE 23 IMPACT ANALYSIS: CHALLENGES
  • FIGURE 24 ULTRASONIC TESTING MARKET: PORTER'S FIVE FORCES ANALYSIS
  • FIGURE 25 ULTRASONIC TESTING MARKET: VALUE CHAIN ANALYSIS
  • FIGURE 26 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • FIGURE 27 ULTRASONIC TESTING MARKET ECOSYSTEM
  • FIGURE 28 INVESTMENT AND FUNDING SCENARIO, 2020-2024
  • FIGURE 29 AVERAGE SELLING PRICE TREND OF ULTRASONIC TESTING EQUIPMENT BY KEY PLAYERS
  • FIGURE 30 AVERAGE SELLING PRICE TREND OF FLAW DETECTORS, BY REGION, 2020-2023
  • FIGURE 31 PATENTS APPLIED AND GRANTED, 2014-2023
  • FIGURE 32 IMPORT DATA FOR HS CODE 9031-COMPLIANT PRODUCTS, BY COUNTRY, 2019-2023
  • FIGURE 33 EXPORT DATA FOR HS CODE 9031-COMPLIANT PRODUCTS, BY COUNTRY, 2019-2023 (USD MILLION)
  • FIGURE 34 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 VERTICALS
  • FIGURE 35 KEY BUYING CRITERIA FOR TOP 3 VERTICALS
  • FIGURE 36 IMPACT OF GENERATIVE AI/AI ON ULTRASONIC TESTING MARKET
  • FIGURE 37 TUBE INSPECTION SYSTEMS SEGMENT TO GROW AT HIGHEST RATE DURING FORECAST PERIOD
  • FIGURE 38 INSPECTION SERVICES SEGMENT TO ACCOUNT FOR SIGNIFICANT SHARE DURING FORECAST PERIOD
  • FIGURE 39 PHASED ARRAY SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD
  • FIGURE 40 POWER GENERATION SEGMENT TO ACCOUNT FOR SIGNIFICANT SHARE DURING FORECAST PERIOD
  • FIGURE 41 ULTRASONIC TESTING MARKET, BY REGION
  • FIGURE 42 INDIA TO EXHIBIT HIGHEST GROWTH DURING FORECAST PERIOD
  • FIGURE 43 ASIA PACIFIC TO RECORD HIGHEST GROWTH DURING FORECAST PERIOD
  • FIGURE 44 NORTH AMERICA: ULTRASONIC TESTING MARKET SNAPSHOT
  • FIGURE 45 EUROPE: ULTRASONIC TESTING MARKET SNAPSHOT
  • FIGURE 46 ASIA PACIFIC: ULTRASONIC TESTING MARKET SNAPSHOT
  • FIGURE 47 ULTRASONIC TESTING MARKET: REVENUE ANALYSIS OF KEY PLAYERS, 2021-2023 (USD MILLION)
  • FIGURE 48 ULTRASONIC TESTING MARKET SHARE ANALYSIS, 2023
  • FIGURE 49 ULTRASONIC TESTING MARKET: COMPANY VALUATION, 2024 (USD BILLION)
  • FIGURE 50 ULTRASONIC TESTING MARKET: FINANCIAL METRICS, 2024 (USD BILLION)
  • FIGURE 51 ULTRASONIC TESTING MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
  • FIGURE 52 ULTRASONIC TESTING MARKET: COMPANY FOOTPRINT
  • FIGURE 53 ULTRASONIC TESTING MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
  • FIGURE 54 BAKER HUGHES COMPANY (WAYGATE TECHNOLOGIES): COMPANY SNAPSHOT
  • FIGURE 55 SGS SOCIETE GENERALE DE SURVEILLANCE SA.: COMPANY SNAPSHOT
  • FIGURE 56 INTERTEK GROUP PLC: COMPANY SNAPSHOT
  • FIGURE 57 MISTRAS GROUP: COMPANY SNAPSHOT
  • FIGURE 58 APPLUS+: COMPANY SNAPSHOT
  • FIGURE 59 TUV RHEINLAND: COMPANY SNAPSHOT