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Ultrasonic Testing Market Worth 3.93 Billion USD by 2022

According to the new market research report "Ultrasonic Testing Market by Type (Time-of- Flight Diffraction, Phased Array, Immersion Testing, Guided-Wave), Equipment (Flaw Detectors, Tube Inspection, Transducers & Probes, Bond testers), Service, Vertical, and Geography - Global Forecast to 2022", published by MarketsandMarkets, the market is expected to reach USD 3.93 Billion by 2022, at a CAGR of 8.3% between 2016 and 2022.

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Ultrasonic Testing Market Worth 3.93 Billion USD by 2022

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  1. MarketsandMarkets Presents Ultrasonic Testing Market Worth 3.93 Billion USD by 2022 Ultrasonic Testing Market by Type (Time-of- Flight Diffraction, Phased Array, Immersion Testing, Guided-Wave), Equipment (Flaw Detectors, Tube Inspection, Transducers & Probes, Bond testers), Service, Vertical, and Geography - Global Forecast to 2022 https://www.marketsandmarkets.com/Market-Reports/ultrasonic-testing-market-131229239.html

  2. According to the new market research report "Ultrasonic Testing Market by Type (Time-of- Flight Diffraction, Phased Array, Immersion Testing, Guided-Wave), Equipment (Flaw Detectors, Tube Inspection, Transducers & Probes, Bond testers), Service, Vertical, and Geography - Global Forecast to 2022", published by MarketsandMarkets, the market is expected to reach USD 3.93 Billion by 2022, at a CAGR of 8.3% between 2016 and 2022. The factors which are driving the growth of market include development of portable phased array ultrasonic testing equipment, need for reliable non-destructive testing technique for fiberglass and carbon fiber composites in manufacturing, growth in ultrasonic testing services market, and government mandates. Browse 66 market data Tables and 59 Figures spread through 161 Pages and in-depth TOC on "Ultrasonic Testing Market - Global Forecast to 2022"

  3. Ultrasonic flaw detectors accounted for a major share of the overall UT market during the forecast period The ultrasonic flaw detectors are expected to lead the UT market between 2016 and 2022. Flaw detectors are widely used as the depth of penetration is superior to other methods and they provide highly accurate flaw sizing and shape of the equipment to be tested. Moreover, this equipment generates and displays an ultrasonic waveform that is interpreted by a trained operator, often with the aid of analysis software, to locate and categorize flaws in test pieces. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=131229239 Training services expected to grow at the highest CAGR between 2016 and 2022 With the aging infrastructure and the growing rate of new infrastructure development, the demand for skilled NDT technicians is expected to grow in the near future. Appropriate training enables the UT supervisor the ability to detect flaws with a high degree of accuracy and reliability without causing damage to the structures or components.

  4. APAC expected to dominate the UT between 2016 and 2022 Countries in Asia-Pacific are involved in the manufacturing of defense aircraft, which would increase the scope of UT in the defense and aerospace sector. The UT market in Asia-Pacific is expected to grow tremendously owing to the rapid infrastructural development. The market for UT equipment is expected to grow fast, driven primarily by major infrastructure advancements and automation in manufacturing processes in countries such as India and China. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=131229239 The major players involved in the ultrasonic testing market include General Electric (U.S.), Olympus Corporation (Japan), Ashtead Technology Ltd. (U.K.), Mistras Group Inc. (U.S.), and TecScan Systems Inc. (Canada), Sonatest Ltd. (U.K.), Amerapex Corporation (U.S.), NDT Systems Inc. (U.S.), Applied Technical Services, Inc. (U.S.), and Sonotron NDT (Israel).

  5. Scope of the Report: • Ultrasonic Testing Market, by Type: • Time-of-Flight Diffraction • Phased Array techniques • Ultrasonic Immersion Testing • Guided-Wave Ultrasonic • Ultrasonic Acoustography • Ultrasonic spectroscopy • Ultrasonic Testing Market, by Equipment: • Flaw Detectors • Thickness Gauges • Transducers and Probes • Industrial Scanners Tube Inspection Systems • Bond testers • Imaging Systems • Ultrasonic Testing Market, by Geography: • North America • Europe • Asia-Pacific (APAC) • Rest of the World (RoW)

  6. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of markets.

  7. Contact Us Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 For More Info: https://www.marketsandmarkets.com/PressReleases/ultrasonic-testing.asp

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