Ultrasonic NDT Equipment Market Trends Demand t

Rupesh
Rupesh 7/16/2022 12:13:18 AM

Ultrasonic NDT Equipment Market Trends, Demand, Dynamic
Innovation in Technology | 2026

Ultrasonic
NDT Equipment Market
- Global industry segment analysis, regional outlook,
share, growth; ultrasonic ndt equipment market forecast 2016 to 2026 by future
market insights. Ultrasonic NDT equipment is used to inspect or evaluate
the discontinuities in character with respect to materials, assemblies or
components without hampering or tearing down the serviceability of the part or
system. These inspection or evaluation are primarily done to determine the
physical properties of materials which includes impact resistance, ultimate tensile
strength, ductility, fatigue strength and fracture toughness.

Amongst the benefit, ultrasonic NDT equipment helps in
lowering the cost of production and maintain a uniform quality level.
Ultrasonic NDT equipment is  getting prominence in the market mainly in
steel & aluminum, manufacturing, aerospace and defense industry.

Growing demand from Industrial segment coupled with
increasing requirement of safety regulation for quality control are expected to
boost the demand for ultrasonic NDT equipment over the forecast period.

Ultrasonic NDT Equipment Market: Drivers and Restraints

Increasing investment in Oil & gas sector coupled with
growing infrastructural development around the world is expected to fuel the
demand for pipelines, these pipelines are regularly tested for leaks through
ultrasonic NDT equipment, which in turn is anticipated to drive the market for
ultrasonic NDT equipment market over the forecast period.

Additionally, growing industrialization and urbanization
have led to the considerable rise in power consumption, which in turn has
resulted into heavy loads during peak hours, the ability of ultrasonic NDT
equipment to ensure a proper balance of loads is gaining preference from power
generation industry and is expected to have significant growth over the
forecast period.

Moreover, increasing demand from aerospace & defense
sector for ensuring safety and technology advancement in ultrasonic NDT
equipment such as testing of steel and other alloys is further expected to fuel
the demand for ultrasonic NDT equipment over the forecast period.

Ultrasonic NDT Equipment Market: Regional Outlook

Geographically, the global ultrasonic NDT equipment market
can be divided in major regions which include North America, Latin America,
Western and Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan and the
Middle East and Africa (MEA). In terms of demand, North America dominates the
global ultrasonic NDT equipment market and is expected to continue its
dominance over the forecast period.

North America due its growing investment in oil & gas
industry has resulted in adoption of new & advanced technology for safe
& security reason, which in turn is anticipated to propel the demand for
North America ultrasonic NDT equipment market over the forecast period.

Europe is expected to follow North America in ultrasonic NDT
equipment market over the forecast period. Asia Pacific is anticipated to hold
third place in global ultrasonic NDT equipment market. China due to its shale
gas reserves is expected to show a significant growth over the forecast period
in ultrasonic NDT equipment market.

Ultrasonic NDT Equipment Market: Key Players

The key players in the global Ultrasonic NDT Equipment
marketare


  • GE
    Inspection Technology

  • Olympus
    Corporation

  • YXLON
    International

  • Mistras
    Group

  • Zetec
    Inc.

  • James
    Instruments

  • NDT
    System Inc.

  • PaR
    System Inc.

  • Qualitest
    International

  • Trinity
    NDT

The research report presents a comprehensive assessment of
the market and contains thoughtful insights, facts, historical data, and
statistically supported and industry-validated market data. It also contains
projections using a suitable set of assumptions and methodologies. The research
report provides analysis and information according to market segments such as
geographies, and applications.

The report covers exhaustive analysis on


  • Market
    Segments

  • Market
    Dynamics

  • Market
    Size

  • Supply
    & Demand

  • Current
    Trends/Issues/Challenges

  • Competition
    & Companies involved

  • Technology

  • Value
    Chain

Regional analysis include


  • North
    America (U.S., Canada)

  • Latin
    America (Brazil, Rest Of Latin America)

  • Western
    Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic countries)

  • Eastern
    Europe (Poland, Russia, Rest Of Eastern Europe)

  • Asia
    Pacific excluding Japan (China, India, ASEAN, Australia & New Zealand)

  • Japan

  • The
    Middle East and Africa (GCC countries, S. Africa, Rest Of MEA)

The report is a compilation of first-hand information,
qualitative and quantitative assessment by industry analysts, inputs from
industry experts and industry participants across the value chain. The report
provides in-depth analysis of parent market trends, macro-economic indicators
and governing factors along with market attractiveness as per segments. The
report also maps the qualitative impact of various market factors on market
segments and geographies.

Ultrasonic NDT Equipment Market: Segmentation

The global Ultrasonic NDT Equipment market can be segmented
as follows:

Ultrasonic NDT Equipment Market, by component


  • Equipment

  • Service

Ultrasonic NDT Equipment Market, byend use industry


  • Oil
    & gas

  • Power
    Generation

  • Aerospace
    & defense

  • Automotive
    & Transportation

  • Others

 

To know more:

https://www.futuremarketinsights.com/reports/ultrasonic-ndt-equipment-market

 

 

































































 

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