Global Ultrasonic Testing Market is accounted for $2.80 billion in 2020 and is expected to reach $5.62 billion by 2028 growing at a CAGR of 9.1% during the forecast period. Rising application of automation, stringent government regulations and growth in ultrasonic testing market services are driving the market growth.
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By geography, North America is going to have high growth during the forecast period due to higher share of manufacturing industries, automotive, and power generation plant. This region is expected to be more dominant attributed to the increasing use of the UT technique for railway inspections across the US and Canada. The presence of key market players, such as Amerapex Corporation, General Electric, and others drive the market in the U.S. In addition, growing adoption of advanced testing technologies in the region’s robust aerospace industry will further boost the regional market.
Some of the key players profiled in the Ultrasonic Testing Market include TechScan Systm Inc., General Motors, Ashtead Technology Ltd, Mistras Group, Inc., Olympus Corporation, British Institute of Non-Destructive Testing (BINDT), Zetec, Inc., Intertek, Magnaflux, Sonatest Ltd., NDT Systems Inc, Dakota Ultrasonics, General Electric, Eddyfi Technologies, Sonatest.
Services Covered in Ultrasonic Testing Market
• Training Services
• Inspection Services
• Equipment Rental Services
• Calibration Services
Types Covered:
• Ultrasonic Spectroscopy
• Immersion Testing
• Acoustography
• Time-Of-Flight Diffraction
• Guided Wave Testing
• Phased Array Techniques
Applications Covered:
• Material Thickness
• Dimensional Measurement
Equipments Covered:
• Tube Inspection Systems
• Imaging Systems
• Thickness Gauges
• Bond Testers
• Flaw Detectors
• Transducers and Probes
• Industrial Scanners
End Users Covered:
• Chemical & Petrochemical
• Sports and Entertainment
• Oil & Gas
• Energy & Power Generation
• Marine
• Manufacturing
• Aerospace
• Healthcare
• Food & Beverages
• Government Infrastructure and Public Infrastructure
• Automotive
• Banking, Financial Services and Insurance (BFSI)
• Retail and e-Commerce
• Transportation
• Plastics and Polymers
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