Companies Dominating the Phased Array Ultrasonic Testing Landscape
- Vermon NDT, LLC
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- EVIDENT
- Baker Hughes
- Zetec
- MME Group
- Toshiba Infrastructure Systems Corporation
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of phased array ultrasonic testing is assessed at USD 660.19 million.
Phased Array Ultrasonic Testing Market size was over USD 634.31 million in 2024 and is anticipated to reach USD 1.21 billion by the end of 2037, witnessing around 5.1% CAGR during the forecast period i.e., between 2025-2037. Increasing governmental regulations regarding public safety, growing technological advancements with the integration of AI and machine learning, and increased efficiency provided by PAUT will drive the market growth.
Asia Pacific industry is expected to hold largest revenue share of 35% by 2037, due to rapid industrialization and infrastructure development in the region.
The major players in the market are Vermon NDT, LLC, EVIDENT, Baker Hughes, Zetec, MME Group, Toshiba Infrastructure Systems Corporation, Tokyu Livable Co., Ltd, Mitsubishi Electric Corporation, Hitachi Power Solutions Co., Ltd., NIHON SEALAKE CO., LTD and others.