Global Ultrasonic NDT Testing Equipment Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

Segmented by Testing Method;

ULTRASONIC TESTING, RADIOGRAPHY TESTING, EDDY-CURRENT TESTING, LIQUID PENETRANT TESTING, VISUAL INSPECTION TESTING and OTHERS.

Segmented by Technique;

VOLUMETRIC EXAMINATION, SURFACE EXAMINATION and OTHERS.

Segmented by Vertical;

OIL & GAS, ENERGY & POWER, AEROSPACE & DEFENSE, AUTOMOTIVE & TRANSPORTATION, INFRASTRUCTURE and OTHERS.

Segmented by Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn614592731 Published Date: May, 2024 Updated Date: June, 2024

Introduction

Global Ultrasonic NDT Testing Equipment Market (USD Million), 2020 - 2030

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
# Global Market (USD Million), 2020 - 2030
2020 58.7
2021 69.8
2022 72.2
2023 80.1
2024 89.1
2025 92.9
2026 108.3
2027 121.3
2028 142.3
2029 161.3
2030 189.8

In the year 2023, the Global Ultrasonic NDT Testing Equipment Market was valued at USD 1,458.98 million. The size of this market is expected to increase to USD 2,483.47 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 7.9%.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Testing Method
    2. Market Snapshot, By Technique
    3. Market Snapshot, By Vertical
    4. Market Snapshot, By Region
    5. Market Opportunity Map
  4. Global Ultrasonic NDT Testing Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increased Safety Regulation
        2. More Emphasis Toward Continuous Monitoring to Prevent Sudden Failure
        3. Availability of Portable and Connected Devices for Real Time Data
      2. Restraints
        1. Lack of Skilled Labor Required to Implement and Carry Out Inspection Service
      3. Opportunities
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bragaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Industry Rivalry
  5. Market Segmentation
    1. Global Ultrasonic NDT Testing Equipment Market, By Testing Method, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. ULTRASONIC TESTING
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. RADIOGRAPHY TESTING
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        3. EDDY-CURRENT TESTING
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        4. LIQUID PENETRANT TESTING
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        5. VISUAL INSPECTION TESTING
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        6. OTHERS
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    2. Global Ultrasonic NDT Testing Equipment Market, By Technique, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. VOLUMETRIC EXAMINATION
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. SURFACE EXAMINATION
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        3. OTHERS
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    3. Global Ultrasonic NDT Testing Equipment Market, By Vertical, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Segment Trends
        1. OIL & GAS
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        2. ENERGY & POWER
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        3. AEROSPACE & DEFENSE
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        4. AUTOMOTIVE & TRANSPORTATION
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        5. INFRASTRUCTURE
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
        6. OTHERS
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2020 - 2030 (USD Million)
    4. Global Ultrasonic NDT Testing Equipment Market, By Geography, 2022 - 2032 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2024 and 2030 (%)
      3. Y-o-Y Growth Analysis, 2021 - 2030
      4. Regional Trends
        1. North America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            1. United States
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            2. Canada
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
        2. Europe
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            1. Germany
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            2. United Kingdom
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            3. France
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            4. Italy
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            5. Spain
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            6. Rest of Europe
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
        3. Asia Pacific
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            1. Japan
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            2. China
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            3. India
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            4. Australia & New Zealand
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            5. South Korea
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            6. ASEAN (Association of South East Asian Countries)
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            7. Rest of Asia Pacific
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
        4. Middle East & Africa
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            1. GCC
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            2. Israel
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            3. South Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            4. Rest of Middle East & Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
        5. Latin America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            1. Brazil
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            2. Mexico
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            3. Argentina
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
            4. Rest of Latin America
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Testing Method, 2020 - 2030 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2030 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2020 - 2030 (USD Million)
  6. Competitive Landscape
    1. Heat Map Analysis
    2. Company Profiles
      1. Olympus Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      2. Russell Fraser Sales Pty Ltd
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      3. Intertek Group PKC
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      4. Baker Hughes Inc
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      5. GE Measurement and Control
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
  7. Analyst Views
  8. Future Outlook of the Market