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Ultrasonic Non-destructive Testing Equipment Market

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Ultrasonic Non-destructive Testing (NDT) Equipment Market report categorizes global market on the basis of equipment, component, end-use industry - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025
Ultrasonic Non-destructive Testing
(NDT) Equipment Market - Global
Industry Insights, Trends, 2017–2025
Ultrasonic testing is type of non-destructive inspection equipment that helps detecting
the discontinuity in the sample material without harming the material. This methodology
utilizes high frequency sound incidence on the material of the frequency ranging around
500 KHz-200 MHz to conduct examinations and measurements. Owing to the
requirement of NDT in industries that include oil & gas, power generation, aerospace &
defense, automotive and transportation and fabrication industries.
Fast and accurate volumetric and discontinuity at affordable costs are expected
to be the primary growth drivers for increased adoption
In comparison to other alternative radiography examination methodologies, this
technology is relatively safer and less time consuming. Less ownership costs, fast
throughputs, better detection capability and usability even in non-screened off areas are
anticipated to provide increased application in end use industries. Moreover, these also
help in examining the internal structure and thickness, in conjunction with highly reliable
results are few additional advantages that will drive the ultrasonic non-destructive
testing equipment market over the forecast period.
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Ultrasonic Non-Destructive Testing (NDT) Market Taxonomy
On the basis of equipment, the global ultrasonic NDT equipment market is classified
into:
● Thickness gauges
● Digital flaw detectors
● Phased array flaw detectors
● Test machines.
● Others
On the basis of component, the global ultrasonic NDT equipment market is classified
into:
● Equipment
● Service
On the basis of end use industry, the global ultrasonic NDT equipment market is
classified into:
●
●
●
●
●
Oil & gas
Power Generation
Aerospace & defense
Automotive & Transportation
Others
Natural gas exploration is anticipated to be the most prominent factor
contributing to the overall growth of the industry
Increasing usage of fossil fuels has led to an exponential surge in hydrocarbon
acquisition costs and has also led to paradigm shift of the exploration activities. This has
led to increased focus on the oil & gas production and exploration companies on
identifying additional avenues of exploration. Moreover, according to Coherent Market
Insights, utilization of natural gas is expected to register significant demand growth over
the forecast period, which will in turn boost the growth of ultrasonic non-destructive
testing equipment market growth, primarily for the examination of gas pipeline
properties without causing any physical damage.
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Lack of skilled workforce to handle the operations is expected to majorly hamper
the industry growth over the forecast period
Manual flaw examination requires close scrutiny by the experienced technicians.
Requirement to undergo extensive training in order to gain appropriate knowledge and
experience regarding the usage is expected to present substantial challenge to the
business growth. Moreover, lack of discontinuity detection in case non homogenous and
irregular shapes, and discontinuity in the immediate layer below the surface is still a
prominent limitation, which is expected to hamper the overall ultrasonic non-destructive
testing equipment market over the forecast period.
Making the software and user interface (UI) intuitive and enhancing the training the
workforce for such technologies may help the participants counter the drawback of
skilled workforce, however, technical limitations are expected to continue to impact the
overall growth.
Among end-use industry segments, the oil and gas industry accounted for the largest
market share and are is expected to continue its dominance over the next few years.
They find various applications in different oil and gas exploration phases such as
refining, transportation and in manufacturing of several related equipment parts that
includes pressure vessels, boilers, reactors, heat exchangers, and storage tanks.
Growing investments in pipeline transportation and upstream activities will propel the
growth of ultrasonic non-destructive testing equipment market during the next few
years.
Key vendors in the industry include Olympus, GE Inspection Technologies, Sonatest,
Danatronics, James Instruments, Eddyfi, NDT Systems, Qualitest International, PaR
Systems, and Trinity NDT.
For More Information :
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ng-equipment-market-646
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering
action-ready syndicated research reports, custom market analysis, consulting services,
and competitive analysis through various recommendations related to emerging market
trends, technologies, and potential absolute dollar opportunity.
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#3200
Seattle, WA 98154
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Author
Sagar Gawade
Sagar Gawade43   documents Email
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