Ultrasonic Testing Market Size, Share, Growth and Applications (Manufacturing, Oil & Gas, Aerospace, Government Infrastructure, Military) by 2022

Ultrasonic Testing is a collection of non-destructive testing techniques centered on the propagation of ultrasonic waves in the sample that is to be tested. The factors that fuel the growth of the global Ultrasonic Testing Market Size include necessity for growth of portable phased array ultrasonic testing equipment, government obligations, demand for consistent non-destructive testing technique for fiberglass and carbon fiber composites in production, and progression in ultrasonic testing service market.  On the other hand, there are also factors that hamper the growth of the global Ultrasonic Testing Market Size such as high price of automated ultrasonic testing equipment and insufficient capability of labour-intensive ultrasonic testing to discover early stages of destruction.

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Based on type, the global Ultrasonic Testing Market Size is classified as Time-of-Flight Diffraction, Phased Array techniques, Ultrasonic Immersion Testing, Guided-Wave Ultrasonic, Ultrasonic Acoustography and Ultrasonic spectroscopy. During the forecast period, the Phased Array type is projected to rise at high growth rates. The factors that attribute to the growth of this sector are that Phased Array Techniques have the capacity to accomplish electronic scanning of the ultrasonic beam and decrease assessment time by eradicating or decreasing the necessity to change the probes, diminish the use of numerous components to steer, focus, and scan beams with a single transducer assembly, and improve defect detection and reduce assessment time.

Based on equipment, the global Ultrasonic Testing Market Size spans Flaw Detectors, Thickness Gauges, Transducers and Probes, Industrial Scanners, Tube Inspection Systems, Bond testers, and Imaging Systems. Amongst the equipment, the ultrasonic flaw detectors are estimated to dominate the global Ultrasonic Testing Market Size. The Flaw Detectors are extensively utilized as they offer highly precise flaw sizing and shape of the equipment that are to be tested and the depth penetration is higher as compared to the other methods. Additionally, the Flaw Detectors equipment produce and exhibit an ultrasonic waveform that is inferred by a skilled operator, frequently with the assistance of analysis software, to discover and classify flaws in assessment pieces.

On the basis of service, the global Ultrasonic Testing Market Size is classified as Inspection Services, Equipment Rental Services, Training, and Calibration. The Training Service is projected to rise at the highest growth rate in the years to come. The factors that attribute to the growth of this service are the aging infrastructure and the expanding rate of innovative infrastructure advancement along with demand for trained non-destructive testing operators. On the basis of application, the global Ultrasonic Testing Market Size is classified as Manufacturing, Oil & Gas, Aerospace, Government Infrastructure, Military & Defense, Railway Industry, Bridges and Tunnels, Automotive, Marine, Power Generation, Nuclear Power, Renewable Energy, and Fossil Fuel.

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On the basis of geography, the global Ultrasonic Testing Market Size is classified as North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific region is anticipated to rise at the fastest CAGR in the forecast period. The Asia Pacific region is incorporated in the production of defense aircraft that ultimately proliferations the opportunity of Ultrasonic Testing in the aerospace and defense segment. Moreover, the factors such as rapid infrastructure improvement and robotics in manufacturing procedures attribute to the growth of the Asia Pacific region in countries such as China and India.  Some of the prominent players that fuel the growth of the global Ultrasonic Testing Market Size include General Electric, Olympus Corporation, Ashtead Technology Ltd., Mistras Group Inc., TecScan Systems Inc., Sonatest Ltd., Amerapex Corporation, NDT Systems Inc., Applied Technical Services, Inc., and Sonotron NDT.