Ultrasonic Testing Market - Top Companies and Manufacturers

  • Report ID: 5020
  • Published Date: Jun 07, 2024
  • Report Format: PDF, PPT

Top Featured Companies Dominating the Ultrasonic Testing Landscape

top-features-companies
    • Baker Hughes
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Olympus Corporation
    • MISTRAS Group
    • Eddyfi/NDT
    • T.D. Williamson Inc.
    • Bosello High Technology Srl.

    Fischer Technology Inc.

    • Cygnus Instruments Ltd.
    • NDT Global GmbH
    • LynX Inspection

Browse Key Market Insights with Data Illustration:

In the News

  • Baker Hughes declared the order of liquified natural gas from the company QatarEnergy to deliver two main refrigerant compressors for the North Field South project. The project is estimated to enhance the production capacity of Qatar’s LNG unit from 110 million tons to 126 million tons by the end of 2027. The order includes main refrigerant compressors with six gas turbines and twelve centrifugal compressors.
  • Eddyfi/NDT announced that finished the transaction to acquire Zetec, Inc. Zetec was promoted by the Eddyfi company to develop the brand in prominent sectors such as power generation, aerospace, defense, rail, and manufacturing. The inclusion of the Zetec company enhances the experience and expands the market benefiting the business by doubling the sales increasing providing new prospects. 

Author Credits:  Abhishek Verma


  • Report ID: 5020
  • Published Date: Jun 07, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of ultrasonic testing is assessed at USD 3.4 Billion.

The ultrasonic testing market size was over USD 3.1 Billion in 2023 and is projected to reach USD 7.23 Billion by the end of 2036, growing at around 7% CAGR during the forecast period i.e., between 2024-2036. Rise in the construction sector with huge infrastructure development, and the rising number of industries across the world with rapid urbanization are the major factors driving the market growth.

Asia Pacific industry is estimated to account for 26% revenue share by 2036, owing to the rising railway infrastructure development with the expansion of the railway sector.

Baker Hughes, Olympus Corporation, MISTRAS Group, Eddyfi/NDT, T.D. Williamson Inc., Bosello High Technology Srl., Cygnus Instruments Ltd., NDT Global GmbH, LynX Inspection
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