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Ultrasonic Non-Destructive Testing Equipment Market by Component (Equipment, Service), Equipment (Digital Flaw Detectors, Phased Array Flaw Detectors, Test Machines), End Use Industry - Global Forecast 2024-2030

Publisher 360iResearch
Published Jan 15, 2024
Length 193 Pages
SKU # IRE18451293

Description

Ultrasonic Non-Destructive Testing Equipment Market by Component (Equipment, Service), Equipment (Digital Flaw Detectors, Phased Array Flaw Detectors, Test Machines), End Use Industry - Global Forecast 2024-2030


The Ultrasonic Non-Destructive Testing Equipment Market size was estimated at USD 1.15 billion in 2023 and expected to reach USD 1.29 billion in 2024, at a CAGR 12.65% to reach USD 2.66 billion by 2030.

Global Ultrasonic Non-Destructive Testing Equipment Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Ultrasonic Non-Destructive Testing Equipment Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Ultrasonic Non-Destructive Testing Equipment Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Ultrasonic Non-Destructive Testing Equipment Market, highlighting leading vendors and their innovative profiles. These include Applus Services, S.A., Ashtead Technology Ltd., Cygnus Instruments Ltd, Eddyfi Technologies, FUJIFILM Corporation, General Electric Company, Institution of Mechanical Engineers, Intertek Group PLC, Johnson & Allen Ltd, MAGNAFLUX Corporation, Magnetic Analysis Corporation, Mistras Group, Olympus Corporation, Sonatest Ltd, and T.D. Williamson, Inc..

Market Segmentation & Coverage

This research report categorizes the Ultrasonic Non-Destructive Testing Equipment Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
Equipment
Service
Equipment
Digital Flaw Detectors
Phased Array Flaw Detectors
Test Machines
Thickness Gauges
End Use Industry
Aerospace & Defense
Automotive & Transportation
Oil & Gas
Power Generation
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Ultrasonic Non-Destructive Testing Equipment Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Ultrasonic Non-Destructive Testing Equipment Market?
3. What are the technology trends and regulatory frameworks in the Ultrasonic Non-Destructive Testing Equipment Market?
4. What is the market share of the leading vendors in the Ultrasonic Non-Destructive Testing Equipment Market?
5. Which modes and strategic moves are suitable for entering the Ultrasonic Non-Destructive Testing Equipment Market?

Note: PDF & Excel + Online Access - 1 Year

Table of Contents

193 Pages
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Ultrasonic Non-Destructive Testing Equipment Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing automation in industrial manufacturing and infrastructure sectors
5.1.1.2. Awareness of NDT amongst manufacturers in various industries
5.1.1.3. Rising investments for oil & gas production & exploration
5.1.2. Restraints
5.1.2.1. High cost of ultrasound non-destructive testing equipment
5.1.3. Opportunities
5.1.3.1. Emerging adoption of NDT services by the power generation industry
5.1.3.2. Technological advancements and new application areas for NDT
5.1.4. Challenges
5.1.4.1. Complexity of machines and lack of skilled labor for its operation
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Ultrasonic Non-Destructive Testing Equipment Market, by Component
6.1. Introduction
6.2. Equipment
6.3. Service
7. Ultrasonic Non-Destructive Testing Equipment Market, by Equipment
7.1. Introduction
7.2. Digital Flaw Detectors
7.3. Phased Array Flaw Detectors
7.4. Test Machines
7.5. Thickness Gauges
8. Ultrasonic Non-Destructive Testing Equipment Market, by End Use Industry
8.1. Introduction
8.2. Aerospace & Defense
8.3. Automotive & Transportation
8.4. Oil & Gas
8.5. Power Generation
9. Americas Ultrasonic Non-Destructive Testing Equipment Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Ultrasonic Non-Destructive Testing Equipment Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Ultrasonic Non-Destructive Testing Equipment Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Applus Services, S.A.
13.1.2. Ashtead Technology Ltd.
13.1.3. Cygnus Instruments Ltd
13.1.4. Eddyfi Technologies
13.1.5. FUJIFILM Corporation
13.1.6. General Electric Company
13.1.7. Institution of Mechanical Engineers
13.1.8. Intertek Group PLC
13.1.9. Johnson & Allen Ltd
13.1.10. MAGNAFLUX Corporation
13.1.11. Magnetic Analysis Corporation
13.1.12. Mistras Group
13.1.13. Olympus Corporation
13.1.14. Sonatest Ltd
13.1.15. T.D. Williamson, Inc.
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. ULTRASONIC NON-DESTRUCTIVE TESTING EQUIPMENT MARKET RESEARCH PROCESS
FIGURE 2. ULTRASONIC NON-DESTRUCTIVE TESTING EQUIPMENT MARKET SIZE, 2023 VS 2030
FIGURE 3. ULTRASONIC NON-DESTRUCTIVE TESTING EQUIPMENT MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. ULTRASONIC NON-DESTRUCTIVE TESTING EQUIPMENT MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. ULTRASONIC NON-DESTRUCTIVE TESTING EQUIPMENT MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. ULTRASONIC NON-DESTRUCTIVE TESTING EQUIPMENT MARKET DYNAMICS
FIGURE 7. ULTRASONIC NON-DESTRUCTIVE TESTING EQUIPMENT MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
FIGURE 8. ULTRASONIC NON-DESTRUCTIVE TESTING EQUIPMENT MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. ULTRASONIC NON-DESTRUCTIVE TESTING EQUIPMENT MARKET SIZE, BY EQUIPMENT, 2023 VS 2030 (%)
FIGURE 10. ULTRASONIC NON-DESTRUCTIVE TESTING EQUIPMENT MARKET SIZE, BY EQUIPMENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. ULTRASONIC NON-DESTRUCTIVE TESTING EQUIPMENT MARKET SIZE, BY END USE INDUSTRY, 2023 VS 2030 (%)
FIGURE 12. ULTRASONIC NON-DESTRUCTIVE TESTING EQUIPMENT MARKET SIZE, BY END USE INDUSTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS ULTRASONIC NON-DESTRUCTIVE TESTING EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS ULTRASONIC NON-DESTRUCTIVE TESTING EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES ULTRASONIC NON-DESTRUCTIVE TESTING EQUIPMENT MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES ULTRASONIC NON-DESTRUCTIVE TESTING EQUIPMENT MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC ULTRASONIC NON-DESTRUCTIVE TESTING EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC ULTRASONIC NON-DESTRUCTIVE TESTING EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA ULTRASONIC NON-DESTRUCTIVE TESTING EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA ULTRASONIC NON-DESTRUCTIVE TESTING EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. ULTRASONIC NON-DESTRUCTIVE TESTING EQUIPMENT MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. ULTRASONIC NON-DESTRUCTIVE TESTING EQUIPMENT MARKET SHARE, BY KEY PLAYER, 2023

Pricing

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