Global Ultrasonic Guided Wave Testing Equipment Market Growth 2024-2030
Ultrasonic Guided Wave Testing Equipment is a non-destructive testing (NDT) technology used to inspect large structures, such as pipelines, rails, and storage tanks, for flaws, corrosion, or other types of damage. This method utilizes ultrasonic waves that are directed along the length of the structure, allowing for the inspection of large areas from a single location. The equipment generates and receives these guided waves, which can travel over long distances and around bends, making it highly effective for inspecting areas that are difficult to access. The waves are sensitive to changes in the material, such as cracks or corrosion, reflecting back signals that can be analyzed to detect and locate defects. Ultrasonic guided wave testing is valued for its efficiency, as it can cover extensive areas quickly and provide early detection of potential issues, which is critical for maintaining the integrity and safety of critical infrastructure.
The global Ultrasonic Guided Wave Testing Equipment market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Ultrasonic Guided Wave Testing Equipment Industry Forecast” looks at past sales and reviews total world Ultrasonic Guided Wave Testing Equipment sales in 2023, providing a comprehensive analysis by region and market sector of projected Ultrasonic Guided Wave Testing Equipment sales for 2024 through 2030. With Ultrasonic Guided Wave Testing Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ultrasonic Guided Wave Testing Equipment industry.
This Insight Report provides a comprehensive analysis of the global Ultrasonic Guided Wave Testing Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ultrasonic Guided Wave Testing Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Ultrasonic Guided Wave Testing Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ultrasonic Guided Wave Testing Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ultrasonic Guided Wave Testing Equipment.
United States market for Ultrasonic Guided Wave Testing Equipment is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Ultrasonic Guided Wave Testing Equipment is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Ultrasonic Guided Wave Testing Equipment is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Ultrasonic Guided Wave Testing Equipment players cover Eddyfi, Innerspec Technologies, Olympus, Guided Ultrasonics Ltd (GUL), Guidedwave, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Ultrasonic Guided Wave Testing Equipment market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Torsional Guided Wave Equipment
Longitudinal Guided Wave Equipment
Axial Guided Wave Equipment
Hybrid Guided Wave Equipment
Segmentation by Application:
Pipeline Inspection
Railway Track Inspection
Storage Tanks Inspection
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Eddyfi
Innerspec Technologies
Olympus
Guided Ultrasonics Ltd (GUL)
Guidedwave
Southwest Research Institute
SMARTCORR
Zheda Jingyi Electromechanical Technology
Zhongke Innovation
Key Questions Addressed in this Report
What is the 10-year outlook for the global Ultrasonic Guided Wave Testing Equipment market?
What factors are driving Ultrasonic Guided Wave Testing Equipment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Ultrasonic Guided Wave Testing Equipment market opportunities vary by end market size?
How does Ultrasonic Guided Wave Testing Equipment break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.