Ultrasonic Testing Market Worth 3.93 Billion USD by 2022 - PowerPoint PPT Presentation

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Ultrasonic Testing Market Worth 3.93 Billion USD by 2022

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According to the new market research report "Ultrasonic Testing Market by Type (Time-of- Flight Diffraction, Phased Array, Immersion Testing, Guided-Wave), Equipment (Flaw Detectors, Tube Inspection, Transducers & Probes, Bond testers), Service, Vertical, and Geography - Global Forecast to 2022", published by MarketsandMarkets, the market is expected to reach USD 3.93 Billion by 2022, at a CAGR of 8.3% between 2016 and 2022. – PowerPoint PPT presentation

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Title: Ultrasonic Testing Market Worth 3.93 Billion USD by 2022


1
MarketsandMarkets Presents

Ultrasonic Testing Market Worth 3.93 Billion USD
by 2022 Ultrasonic Testing Market by Type
(Time-of- Flight Diffraction, Phased Array,
Immersion Testing, Guided-Wave), Equipment (Flaw
Detectors, Tube Inspection, Transducers Probes,
Bond testers), Service, Vertical, and Geography -
Global Forecast to 2022 https//www.marketsandmar
kets.com/Market-Reports/ultrasonic-testing-market-
131229239.html
2
According to the new market research
report "Ultrasonic Testing Market by Type
(Time-of- Flight Diffraction, Phased Array,
Immersion Testing, Guided-Wave), Equipment (Flaw
Detectors, Tube Inspection, Transducers Probes,
Bond testers), Service, Vertical, and Geography -
Global Forecast to 2022", published by
MarketsandMarkets, the market is expected to
reach USD 3.93 Billion by 2022, at a CAGR of 8.3
between 2016 and 2022. The factors which are
driving the growth of market include development
of portable phased array ultrasonic testing
equipment, need for reliable non-destructive
testing technique for fiberglass and carbon fiber
composites in manufacturing, growth in ultrasonic
testing services market, and government
mandates. Browse 66 market data Tables and 59
Figures spread through 161 Pages and in-depth TOC
on "Ultrasonic Testing Market - Global Forecast
to 2022"
3
Ultrasonic flaw detectors accounted for a major
share of the overall UT market during the
forecast period The ultrasonic flaw detectors are
expected to lead the UT market between 2016 and
2022. Flaw detectors are widely used as the depth
of penetration is superior to other methods and
they provide highly accurate flaw sizing and
shape of the equipment to be tested. Moreover,
this equipment generates and displays an
ultrasonic waveform that is interpreted by a
trained operator, often with the aid of analysis
software, to locate and categorize flaws in test
pieces. Ask PDF Brochure https//www.marketsandm
arkets.com/pdfdownloadNew.asp?id131229239 Traini
ng services expected to grow at the highest CAGR
between 2016 and 2022 With the aging
infrastructure and the growing rate of new
infrastructure development, the demand for
skilled NDT technicians is expected to grow in
the near future. Appropriate training enables the
UT supervisor the ability to detect flaws with a
high degree of accuracy and reliability without
causing damage to the structures or components.
4
APAC expected to dominate the UT between 2016 and
2022 Countries in Asia-Pacific are involved in
the manufacturing of defense aircraft, which
would increase the scope of UT in the defense and
aerospace sector. The UT market
in Asia-Pacific is expected to grow tremendously
owing to the rapid infrastructural development.
The market for UT equipment is expected to grow
fast, driven primarily by major infrastructure
advancements and automation in manufacturing
processes in countries such as India and China. R
equest Free Sample Pages https//www.marketsandma
rkets.com/requestsampleNew.asp?id131229239 The
major players involved in the ultrasonic testing
market include General Electric (U.S.), Olympus
Corporation (Japan), Ashtead Technology Ltd.
(U.K.), Mistras Group Inc. (U.S.), and TecScan
Systems Inc. (Canada), Sonatest Ltd. (U.K.),
Amerapex Corporation (U.S.), NDT Systems Inc.
(U.S.), Applied Technical Services, Inc. (U.S.),
and Sonotron NDT (Israel).
5
  • Scope of the Report
  • Ultrasonic Testing Market, by Type
  • Time-of-Flight Diffraction
  • Phased Array techniques
  • Ultrasonic Immersion Testing
  • Guided-Wave Ultrasonic
  • Ultrasonic Acoustography
  • Ultrasonic spectroscopy
  • Ultrasonic Testing Market, by Equipment
  • Flaw Detectors
  • Thickness Gauges
  • Transducers and Probes
  • Industrial Scanners Tube Inspection Systems
  • Bond testers
  • Imaging Systems
  • Ultrasonic Testing Market, by Geography
  • North America

6
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will
impact 70 to 80 of worldwide companies
revenues. Currently servicing 7500 customers
worldwide including 80 of global Fortune 1000
companies as clients. Almost 75,000 top officers
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revenues decisions. Our 850 fulltime analyst and
SMEs at MarketsandMarkets are tracking global
high growth markets following the "Growth
Engagement Model GEM". The GEM aims at
proactive collaboration with the clients to
identify new opportunities, identify most
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defend" strategies, identify sources of
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determined to benefit more than 10,000 companies
this year for their revenue planning and help
them take their innovations early to the market
by providing them research ahead of the
curve. MarketsandMarketss flagship competitive
intelligence and market research platform,
"Knowledgestore" connects over 200,000 markets
and entire value chains for deeper understanding
of the unmet insights along with market sizing
and forecasts of markets.
7
Contact Us
Contact Mr. Aashish Mehra MarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 For More
Info https//www.marketsandmarkets.com/PressRelea
ses/ultrasonic-testing.asp
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