Ultrasonic Testing Market worth $4.2 billion by 2026

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MarketsandMarkets Presents

Ultrasonic Testing Market worth 4.2 billion by
2026 Ultrasonic Testing Market with COVID-19
Impact by Type (Time-of Flight Diffraction,
Immersion Testing) , Equipment (Flaw Detectors,
Imaging System, and Bond Testers), Service,
Vertical, and Geography - Global Forecast to
2026 https//www.marketsandmarkets.com/Market-Rep
orts/ultrasonic-testing-market-131229239.html
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According to the new market research
report "Ultrasonic Testing Market with COVID-19
Impact by Type (Time-of Flight Diffraction,
Immersion Testing), Equipment (Flaw Detectors,
Imaging System, and Bond Testers), Service,
Vertical, and Geography - Global Forecast to
2026", published by MarketsandMarkets, the
global Ultrasonic Testing Market size is
estimated to grow from USD 3.0 billion in 2021
to USD 4.2 billion by 2026, growing at a CAGR of
7.1. Stringent government regulations regarding
public safety product quality and continuous
advances in electronics, automation, and robotics
are among a few major factors driving the NDT and
inspection markets growth. The high adoption of
IoT devices and rising need to assess aging
assets health also propel the development of the
ultrasonic testing market. Browse 153 market
data Tables and 54 Figures spread through 159
Pages and in-depth TOC on "Ultrasonic Testing
Market - Global Forecast to 2026"
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The ultrasonic testing (UT) technique to hold
the largest share of the NDT and inspection
market in 2021 Ultrasonic testing is expected to
account for the largest market share in 2021. It
is presently the most popular ultrasonic testing
technique owing to its ability to identify
defects and determine their severity accurately.
Some advanced techniques such as ultrasonic
immersion testing and guided-wave ultrasonic
testing can also be used for critical
applications in the oil gas and aerospace
industries. Ultrasonic testing has evolved
considerably over the last few decades and is the
most important NDT technique for identifying and
quantifying surface and subsurface defects.
Ultrasonic testing and inspection can be
conducted by using a wide range of methods, a few
of which are manual and cost-effective, while
others need advanced automated equipment for
determining faults in critical applications. This
technique can also be deployed to inspect objects
that are not easily accessible through direct
contact, such as inspecting the piping system
buried under the earth's surface. Ask PDF
Brochure https//www.marketsandmarkets.com/pdfdow
nloadNew.asp?id131229239
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The market for the manufacturing vertical
expected to grow at the highest CAGR during the
forecast period The manufacturing sector is
expected to be the fastest-growing vertical in
the ultrasonic testing market from 2021 to 2026.
This sector is receiving a boost from emerging
markets such as China, India, and South
Africa due to their growing manufacturing and
industrial base. The ultrasonic testing technique
is widely used in manufacturing to ensure the
integrity of components produced. This technique
is primarily employed for preventive maintenance
and failure analysis and the post-care of the
damages. Request Free Sample Pages https//www.m
arketsandmarkets.com/requestsampleNew.asp?id13122
9239 Baker Hughes (US), Olympus
Corporation(Japan), MISTRAS Group (US), Intertek
(UK), Amerapex Corporation (US), Sonatest (UK),
Sonotron NDT (Israel), Tecscan System Inc
(Canada), (Italy), Eddyfi (Canada), Ashtead
Technology (Scotland) and Magnaflux (US), Fischer
Technology Inc. (US), Cygnus Instruments Ltd.
(UK), NDT Global GmBH (Germany), Acuren (US), and
LynX Inspection (Canada) are the key players in
the ultrasonic testing market.
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North America expected to hold the largest market
share during the forecast period North America is
expected to hold the largest share of the overall
ultrasonic testing market by 2026. The rapid
growth of automotive, power generation, oil
gas, and aerospace defense industries in the
region are the major reason for the growing
adoption of ultrasonic testing equipment and
rising demand for related services in North
America.
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