Ultrasonic Testing Market Share

  • Report ID: 5020
  • Published Date: Jun 14, 2023
  • Report Format: PDF, PPT

Ultrasonic Testing Market Share

North American Market Forecast

The North America ultrasonic testing market is set is account for around 30% of the revenue share by 2035. The increasing welding works in the region with the development of infrastructure is fueling the market size. The hike in the market growth is accounted for by the expansion of the aviation sector with growing tourists and migration of people for jobs, education, and other business purposes. The aviation of U.S. each day operates more than 20,000 flights with over 2 million passengers across 80 countries and over 60,000 tons of cargo across about 200 countries.

APAC Market Statistics

Asia Pacific ultrasonic testing market is estimated to register a noteworthy market size with market revenue of about 26% through 2035. The rising railway infrastructure development with the expansion of the railway sector is estimated to hike the growth of the market. The increase in the need for tracking the faults, and uneven structures to prevent the destruction of rail accidents in the region is driving the market growth. The growing use of ultrasonic testing for industrial assets and public infrastructures is expected to rise the market demand.

Research Nester
Ultrasonic Testing Market Size

Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 5020
  • Published Date: Jun 14, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

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.

The market size of ultrasonic testing is anticipated to attain a CAGR of ~10.1% over the forecast period, i.e., 2023 – 2035.

The major players in the market are Baker Hughes, 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, and others.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, application, equipment, vertical, and by region.

The manufacturing segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

Absence of skilled and experienced professionals to run ultrasonic testing activities is estimated to be the growth hindering factors for the market expansion.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
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