World Ultrasonic Market worth $2200 Million by 2018

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Global Ultrasonic Market worth 2200 Million by
2018
MarketsandMarkets Presents
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• According to a new market research report,
  "Global Non-Destructive Testing Equipment
  Market - By Technology (Ultrasonic, Eddy Current,
  Electromagnetic, Radiography, Thermography),
  Verticals (Manufacturing, Petrochemical,
  Aerospace, Automotive, Power Generation) And
  Geography (2013 2018)" ,published by
  MarketsandMarkets, the total market for
  non-destructive equipment is expected to reach
  2200 million by 2018 at an estimated CAGR of
  8.0 from 2013 to 2018.

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• Browse 127 market data tables with 32 figures
  spread through 257 pages and in-depth TOC on
  Global Non-Destructive Testing Equipment Market -
  By Technology (Ultrasonic, Eddy Current,
  Electromagnetic, Radiography, Thermography),
  Verticals (Manufacturing, Petrochemical,
  Aerospace, Automotive, Power Generation) And
  Geography (2013 2018).
• Early buyers will receive 10 customization on
  this report.
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• Non-destructive testing is a testing of objects
  for their flaws and imperfections in accordance
  with some standard norms. The Non-destructive
  testing equipment market is, at present,
  witnessing a spree of mergers, partnerships, and
  acquisitions among market players, which is
  resulting in a wide range of challenges and
  opportunities.

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• The global non-destructive testing equipment
  market covers whole industry on the basis of
  technology, verticals, application and geography.
  The technology section covers different contact
  and non-contact technologies with their current
  and future estimations. Phased array ultrasonic,
  X-ray computed tomography and computed
  radiography technologies are expected to grow
  exponentially in the days to come. The vertical
  section covers different industries like power
  generation, petrochemical, oil gas, aerospace
  and automotive. The industries such as aerospace,
  power generation and oil gas are the major
  consumers of non-destructive testing equipments.
  The Geographical analysis covers North America,
  Europe, Asia-Pacific, and ROW.

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• The major drivers for non-contact equipment
  market are strong government regulations, user
  friendly software, continuous advancement in
  electronics, automation and robotics and assured
  return on investment. There are some restraints
  in the market such as high infrastructure cost
  and lack of product knowledge to end users. The
  service industry and rapid growth of
  infrastructure and automation are the key
  opportunities for the non-destructive testing
  market.

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• The major companies involved in global
  non-destructive testing equipment industry are GE
  Inspection technologies (U.S.), Olympus
  Corporation (Japan), YXLON international
  (Germany), Mistras (U.S.), Zetec (U.S.), Dr.
  Foerster (Germany) and Nikon metrology
  (U.S.).APAC will remain the leading market for
  non-destructive testing equipmentsthroughout the
  forecasted period due to the high growth in
  sectors like infrastructure, power generation and
  aerospace incountries like India and China.

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