Ultrasonic Testing Market Revenue, Industry Growing Demand, Regional Outlook Up To 2031

The Global Ultrasonic Testing Market is expected to grow at a significant CAGR during the forecast period (2024-2031). Ultrasonic testing (UT) is used to check industrial equipment, machinery, aircraft replacement parts, and components for service defects. It’s a cutting-edge technology for penetrating the thickness of the material by transmitting ultrasonic vibrations through it. The UT technique uses high-frequency sound waves to locate material fractures in a variety of materials, including aircraft metal structures, metal components, and industrial equipment.

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Dimensional measurements of an aircraft component, leak identification in fuel engines, aircraft mainframe structure analysis, and defect detection are all parts of the ultrasonic testing procedure. The market is growing due to the efficiency and flexibility of technologically improved UT equipment such as industrial scanners, tube inspection systems, and imaging systems. Eddyfi, for instance, introduced the M2M Mantis PAUT fault detection in June 2020. The Mantis is a rugged and lightweight defect detector that is suited for applications such as high-speed corrosion mapping and butt weld and long seam weld inspection on composites with thicknesses ranging from 5 to 30 millimeters (0.25 to 1.25 inches).

The market for ultrasonic testing equipment and services is growing due to the increasing complexity of machinery, the growing demand for precise product usage specifications, the ongoing strict implementation of government regulations to ensure the safety of the workforce, and the rising stringent quality control requirements. Evidence of infrastructure failures such as nuclear reactor leaks, pipeline explosions, and refinery blasts has led governments throughout the globe to enact strict safety rules, driving demand for ultrasonic testing of equipment and services.

Joramco and Testia, an Airbus business, deployed a new version of the inspection tool, SmartUE1, in October 2020. It is one of the few instruments in the market that combines ultrasonic and eddy current testing, as well as six other modules for detecting delaminations, disbondings, fatigue fractures, and absence of cladding, as well as measuring thickness, coatings, and conductivity. It can also provide a remote help connection, allowing the on-the-ground operator to collaborate with a remote expert.

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Market Coverage

  • Segment Covered-

o             By Type

o             By Equipment

o             By Service

o             By Vertical

  • Competitive Landscape: Amerapex Corporation, Applied Technical Services, Inc., Ashtead Technology, General Electric, Mistras Group, NDT Global GmbH & Co. Kg, and Nikon Metrology among others.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominates the market in base year?
  • Which segment and region will project fastest growth in the market?
  • How COVID-19 impacted the market?

o             Recovery Timeline

o             Deviation from pre-COVID forecast

o             Most affected region and segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Ultrasonic Testing Market Report 

By Type

  • Time-Of-Flight Diffraction
  • Phased Array
  • Immersion Testing
  • Guided-Wave Testing
  • Acoustography

By Equipment

  • Flaw Detectors
  • Thickness Gauges
  • Transducers & Probes
  • Industrial Scanners

By Service

  • Inspection
  • Equipment Rental
  • Calibration

By Vertical

  • Manufacturing
  • Oil & Gas
  • Aerospace
  • Automotive
  • Power Generation

 

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