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Ultrasonic NDT Equipment Market Size

ID: MRFR//2443-CR | 68 Pages | Author: Ankit Gupta| May 2017

Ultrasonic NDT Equipment Market Growth Projections and Opportunities

The rise of cities around the world has brought about improvements in many manufacturing industries like cars, buildings, oil & gas, power, aerospace & defense, and more. This progress includes advancements in technology, equipment, and systems. Many manufacturing companies globally use a technique called non-destructive testing (NDT) to check the quality of their products and find any issues in the materials or items they produce.

Ultrasonic NDT is one type of non-destructive testing. It uses sound waves to discover cracks and defects in the parts and materials of a product. In the market, you can find various tools and systems used in ultrasonic NDT, such as flaw detectors, thickness gauges, transducers, and scanners.

In 2018, the global market for ultrasonic NDT equipment was valued at USD 1010.8 million. Experts predict that it will grow at a rate of 7.31% from 2019 to 2025. Many factors contribute to this growth worldwide. One of the main drivers is the development of infrastructure and the increasing awareness of the importance of inspecting and ensuring the quality of materials in different industries.

The aerospace and defense industry plays a significant role in boosting the ultrasonic NDT market. This equipment helps inspect components for flaws and imperfections, reducing the risk of accidents and improving safety. Another contributing factor is the growing demand for renewable energy. With increased investments in renewable energy generation, there is a need for advanced and reliable methods to inspect products and parts before installation. Ultrasonic NDT methods are crucial for checking the overall infrastructure of wind turbines, from weld inspection to measuring wall thickness. They are also used to detect various issues like inclusions, invisible cracks, voids, and other discontinuities in metals, plastics, ceramics, and composites.

Inspecting wind turbine blades for damage is another vital application of ultrasonic NDT equipment. This method quickly, reliably, and effectively reveals any flaws, ensuring the proper functioning and safety of the wind turbines.

In summary, the growth of urbanization worldwide has led to advancements in manufacturing industries, and the use of ultrasonic NDT equipment is on the rise. This technology plays a crucial role in inspecting and ensuring the quality of products, with significant applications in industries like aerospace and defense and renewable energy. As these industries continue to grow, the demand for ultrasonic NDT equipment is expected to increase, driving further advancements in technology and ensuring the safety and reliability of various products and infrastructure.

Covered Aspects:
Report Attribute/Metric Details
Market Size Value In 2022 USD 20 Billion
Market Size Value In 2023 USD 28 Billion
Growth Rate 9.2% (2023-2030)
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