Ultrasonic Testing Market Outlook - 2027
The global ultrasonic testing market is experiencing significant growth and is expected to grow considerably in the next few years. Ultrasonic testing is a sort of non-destructive testing mechanism where ultrasonic pulse waves with a central frequency of 0.1 – 15 MHz are transmitted into any material to identify any kind of internal defect within the material.
This sort of ultrasonic testing can also be used for the inspection of flaw detection or evaluation, material thickness, high-speed rotating engine parts, and dimensional measurement. The ultrasonic technique detects hidden and internal discontinuities that are deep below the surface using the electronic equipment, which is connected to one or more transducers. Ultrasonic testing is applied to steel and any alloy, which are applicable to wood and composite products.
The global ultrasonic testing market is segmented on the basis of type, application, industry vertical and region. Based on type, the market is divided into time-of-flight diffraction, phased array, immersion testing, guided-wave. In terms of application, the market is categorized into flaw detection, material thickness, dimensional, measurement, and others. In terms of industry vertical, the ultrasonic testing market is segregated into chemical & petrochemical, oil & gas, energy & power, automotive, food & beverages, healthcare, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global ultrasonic testing industry include British Institute of Non-Destructive Testing (BINDT), Indian Society for Non-Destructive Testing (ISNT), Ashtead Technology, Mistras Group, Inc., GE Measurement & Control Solutions, Olympus Corporation, and American Society for Nondestructive Testing (ASNT). These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global ultrasonic testing market.
COVID-19 Scenario Analysis
- The global ultrasonic testing market forecast has been significantly impacted by the outbreak. New projects throughout the world have slowed down, which have significant demand for ultrasonic testing.
- The global factories have struggled to manufacture and assemble new devices as workers have stayed in their homes and even the already available devices in various warehouses cannot be transported due to current rules & regulations, which disrupted the global supply chains.
- The impact of COVID-19 on ultrasonic testing market is temporary as just the production and supply chain is stalled. Once the situation improves, production, supply chains and demand for these products are gradually going to increase.
- This is expected to provide opportunities for companies to think about ways of increasing production, research about technologies, and improve current products.
Top Impacting Factors
Ultrasonic testing has several advantages such as the ability to detect internal effects as well as the lack of radiation that is involved in this sort of testing. These factors drive the ultrasonic testing market growth. Ultrasonic testing is used for improving the precise size and reducing the risk of missing girth solder defects; for ensuring the quality of pipelines; and ensuring that the pipeline is free of critical defects prior to deployment in the field. Ultrasonic no-destructive tests are used to detect faults such as leakage, porosity cracking, incomplete penetration, and lack of sidewall fusion.
The strength of the pipeline girth in the weld can be affected on critical parts. This factor increases the demand for ultrasound testing. Strict government safety and quality control regulations also increase the demand for ultrasonic testing. Furthermore, extensive technical knowledge is required for applying ultrasonic testing in different metals. This is expected to increase the cost of testing and restraint the growth prospect of this market during the forecast period.
Pipeline Inspection to Drive the Ultrasonic Testing Market
Pipelines that transport fluids, such as crude oil, refined products, natural gas, and liquefied gases, are more prone to defects and corrosion. They require regular maintenance to identify and avoid any leaks or corrosion. Ultrasonic testing is broadly used in pipeline inspection as it offers several advantages over other NDT methods. The growing stringency of regulations pertaining to the safety and integrity of oil & gas pipelines has increased the demand for ultrasonic testing in pipeline inspection, thereby driving the growth of the ultrasonic testing market.
Surge in Usage in Automotive and Industrial Applications
The growing number of applications of ultrasonic testing across the defense & aerospace sector for detecting internal flaws with higher accuracy and rapidly rising need for automation in the manufacturing industries has been driving the market. The increasing number of aging infrastructure and surging new infrastructure development resulted in rising demand for professional NDT technicians. This is expected to substantially drive the growth of market. Growing disposable income and increasing consumption of automobiles boost the growth opportunity of this market during the forecast period. With the growing share of manufacturing activities in emerging as well as developed economies, the demand for ultrasonic testing is expected to grow over the forecast period.
Key Benefits of the Report
- This study presents the analytical depiction of the global ultrasonic testing industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global ultrasonic testing market share.
- The current market is quantitatively analyzed to highlight the global ultrasonic testing market trends and growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed ultrasonic testing market analysis based on competitive intensity and how the competition will take shape in the coming years.
Questions Answered in the Ultrasonic Testing Market Research Report
- Which are the leading market players active in the ultrasonic testing market size?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
Ultrasonic Testing Market Report Highlights
Aspects | Details |
By Type |
|
By Application |
|
By Region |
|
Key Market Players | Mistras, Nortec, Sonatest, Eddyfi Technologies, NDT Global, Yoke Industrial Corporation, Sonotron NDT, Zetec, Olympus, GE Measurement & Control |
Loading Table Of Content...