Ultrasonic NDT Equipment Market

Market Overview:

In addition, the global ultrasonic NDT equipment market is expected to rise at a CAGR of 9.87%, with a value of USD 2.47 billion during the projected year 2022-2030.

Since non-destructive testing is mandated by law in many nations, it is commonly utilized as a proactive safety precaution. However, compared to visual examination, which is often used in ship inspections, ultrasonic testing is becoming increasingly popular since it produces a better map of ship corrosion and can precisely identify hull thickness. Visual examination cannot see faults inside the hull, but ultrasonic testing can provide images that show them. Regular ultrasonic testing ensures that hull problems are found before they become expensive failures. Significant development opportunities for the market under study throughout the projection period are anticipated due to such trends.

The most often used NDT equipment is ultrasonic testing equipment because it is easy to use, lightweight, portable, resistant to temperature, humidity, vibration, and dust, as well is economical. Incremental advancements in ultrasonic testing are being made to fill product gaps in the current market. Phased array ultrasonic testing is experiencing market saturation in the field of ultrasonic testing, while guided wave ultrasonic testing is being hailed as one of the most important methods. Moreover, ultrasonic testing is becoming popular among end users for problem identification because it poses no risk to users or surrounding staff and has no impact on the material being tested. Additionally, it delivers immediate outcomes. Most ultrasonic testing's uses have been in the oil and gas and power production sectors. However, with the industry's rapid technical development, technology is now finding major uses in various other sectors.

Due to the freedom provided, the study market is also being driven by the proliferation of cordless ultrasonic testing equipment and cutting-edge technologies like the Internet of Things. IoT solutions are widely utilized across sectors to improve productivity, operations, and environmental protection. There is fierce rivalry in manufacturing, oil and gas, food and beverage, and utilities. To improve their capacity for innovation and increase the return on their assets, companies are thus investing more and more in new technologies that use IoT, cloud, and big data analytics capabilities.

Get Sample PDF @

Market Segmentation:

The global market has been divided into end-user and regional sectors. The end-user section is further classified into five sections oil & gas industry, power generation, aerospace and defense sectors, and the Automotive and transportation industry. The regional basis has been classified into five sections Asia-Pacific, North America, South America, Europe and Middle East & Africa.

Regional Analysis:

Due to the growing adoption of testing technology for predictive maintenance, rising adoption in the oil and gas sector, and rising safety regulations in the various industries in the region, especially driven by the demand from the country, the United States is expected to command a significant share of the market demand. Its development is anticipated to be fuelled by the rising usage of ultrasonic non-destructive testing tools to find material thickness or pipeline faults. As a result, it is anticipated that the country's analyzed market would be driven by the rising investment in the building of pipelines in the oil and refinery industry.

Get Complete Information @

Industrial News:

In October 2021, an X-ray computed tomography scanner will be to Intertek's comprehensive laboratory of cutting-edge equipment by its non-destructive testing specialists in Derby, United Kingdom. The scanner is capable of 450 kV mini focus and 240 kV microfocus. As the item being scanned is gently rotated, many X-ray pictures captured from various angles are combined during a CT scan.