Ultrasonic Testing Market by Phased Array, Time-of-flight Diffraction, Immersion Testing, Guided Wave Testing, Acoustography, Flaw Detectors, Thickness Gauges, Transducers & Probes, Inspection Services and Calibration Services - Global Forecast to 2029

Ultrasonic Testing Market by Phased Array, Time-of-flight Diffraction, Immersion Testing, Guided Wave Testing, Acoustography, Flaw Detectors, Thickness Gauges, Transducers & Probes, Inspection Services and Calibration Services - Global Forecast to 2029

The ultrasonic testing market is expected to reach USD 4.60 billion by 2029 from USD 2.92 billion in 2024, at a CAGR of 9.5% during the 2024-2029 period.

These investments require rigorous quality assurance and safety inspections on multiple structural components. Global enhancement of infrastructures, including bridges, highways, railways, and energy facilities, requires reliable non-destructive testing methods for detecting flaws. This inspection technique is also known because ultrasonic testing allows for determining the integrity of materials by finding internal flaws without destroying them, thereby being fundamental in the building and subsequent maintenance of any critical structure.

Large investments are made for infrastructure projects in emerging economies like India and China for instance to build new transportation structures, power plants, and urban development. This raises the demand for strict safety standards combined with quality materials and work that would ensure durability and safety. Ultrasonic testing is used to inspect welds, check the material thickness, and analyze the structural integrity of the components in these structures.

“Oil & gas vertical of the ultrasonic testing market is expected to hold the 2nd largest market share during the forecast period from 2024-2029”

Strict regulatory and environmental standards drive ultrasonic testing adoption in the oil and gas industry. This is due to stringent safety and environmental protection guidelines enforced by regulatory bodies. To protect air, water, and soil from hazardous pollutants, the US Environmental Protection Agency (EPA) has mandated some strict leak- and spill-proofing measures, particularly within the oil and gas infrastructure. The Pipeline and Hazardous Materials Safety Administration (PHMSA), through the Pipeline Safety Act and other regulations, requires regular inspections of pipelines to detect corrosion cracking and other structural weaknesses. Some amendments, such as the Pipeline Safety Act in 2021, also emphasize the use of more modern, non-destructive testing methods, including ultrasonic testing, such that pipelines meet higher standards for safety where they pose high risks and pass by close to population centers or highly sensitive ecological areas.

“India is projected to grow at the highest CAGR during the forecast period from 2024-2029”

The stringent quality and safety standards set by the government of India in all the key industries have raised the demand for non-destructive testing (NDT) to a considerable level. In this regard, ultrasonic testing has emerged as a crucial tool to meet compliance requirements. With growing aerospace, oil and gas, and infrastructure industries, higher safety and reliability standards are required to avoid failures and ensure efficiency in operations.

Ultrasonic testing in the aerospace industry is a requirement to check the welds and materials while manufacturing aircraft parts. It is regulated by the standards of Indian national specifications of the Directorate General of Civil Aviation, or DGCA. In 2023, the Ministry of Defence made a declaration to enhance the defense manufacturing in India through indigenization, leading to new DRDO guidelines on ultrasonic testing of aircraft and other defense-related equipment. Infrastructure safety standards have also been enhanced.

In-depth interviews have been conducted with chief executive officers (CEOs), Directors, and other executives from various key organizations operating in the Ultrasonic testing market.

The break-up of the profile of primary participants in the Ultrasonic testing market-

By Company Type: Tier 1 – 26%, Tier 2 – 32%, Tier 3 – 42%

By Designation Type: C Level Excecutives – 52%, Directors – 23%, Others – 25%

By Region Type: North America – 44%, Europe –29 %, Asia Pacific– 23%, RoW – 4%,

The major players in the ultrasonic testing market are Baker Hughes Company (US), EVIDENT (Japan), Eddyfi (Canada), Sonatest (US), NDT Systems Inc (US), SGS SOCIETE GENERALE DE SURVEILLANCE SA. (Switzerland), Intertek Group plc (UK), MISTRAS Group (US), DEKRA (Germany), Applus+ (Spain), TÜV Rheinland (Germany), Element Materials Technology (UK), Acoustic Control Systems (Germany), Amerapex Corporation (US), Ashtead Technology (Scotland), Acuren (US), Modsonic Instruments Mfg. Co. (P) Ltd. (India), SONOTEC GmbH (Germany), Applied Technical Services (US), Nexxis (Australia), Vertech Group (Australia), Guided Ultrasonics Ltd. (US), IRISNDT (Canada), Nanjing BKN Automation System Co., Ltd. (China), and OKOndt GROUP (US).

Research Coverage

The report segments the ultrasonic testing market and forecasts its size by region. It also comprehensively reviews drivers, restraints, opportunities, and challenges influencing market growth. The report covers qualitative aspects in addition to quantitative aspects of the market.

This report has categorized the ultrasonic testing market by type (phased array, time-of-flight diffraction, immersion testing, guided wave testing, acoustography), equipment (flaw detectors, thickness gauges, transducers & probes, industrial scanners, tube inspection systems, bond testers, imaging systems), service type (inspection services, equipment rental services, calibration services, training services), vertical (manufacturing, oil & gas, aerospace, government & infrastructure, power generation, automotive, marine), and region (North America, Europe, Asia Pacific, RoW).

Reasons to buy the report:

The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall ultrasonic testing market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the objectives of the market and provides information on key market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

Analysis of key drivers (growing adoption of portable phased array ultrasonic testing equipment), restraint (complex nature of the technology), opportunities (growing emphasis on predictive maintenance), and challenges (high maintenance cost and downtime of equipment)

Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the ultrasonic testing market

Market Development: Comprehensive information about lucrative markets – the report analyses the ultrasonic testing market across varied regions.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the ultrasonic testing market

Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like Baker Hughes Company (US), SGS SOCIETE GENERALE DE SURVEILLANCE SA. (Switzerland), Intertek Group plc (UK), DEKRA (Germany), and MISTRAS Group (US).

Tables List

Table 1 Impact Of Porter's Five Forces On Ultrasonic Testing Market

Table 2 Ultrasonic Testing Market: Role Of Companies In Ecosystem

Table 3 Average Selling Price Trend Of Ultrasonic Testing Equipment

By Key Players, 2019–2023 (Usd)

Table 4 Average Selling Price Trend Of Flaw Detectors, By Region,

2020–2023 (Usd)

Table 5 List Of Major Patents, 2023–2024

Table 6 Import Data For Hs Code 9031-compliant Products, By Country,

2019–2023 (Usd Million)

Table 7 Export Data For Hs Code 9031-compliant Products, By Country,

2019–2023 (Usd Million)

Table 8 Influence Of Stakeholders On Buying Process For Top 3 Verticals (%)

Table 9 Key Buying Criteria For Top 3 Verticals

Table 10 Mfn Tariff For Hs Code 9031-compliant Products Exported By Us, 2023

Table 11 North America: Regulatory Bodies, Government Agencies,

And Other Organizations

Table 12 Europe: Regulatory Bodies, Government Agencies,

And Other Organizations

Table 13 Asia Pacific: Regulatory Bodies, Government Agencies,

And Other Organizations

Table 14 Rest Of The World: Regulatory Bodies, Government Agencies,

And Other Organizations

Table 15 Key Conferences And Events, 2024–2025

Table 16 Ultrasonic Testing Market, By Equipment, 2020–2023 (Usd Million)

Table 17 Ultrasonic Testing Market, By Equipment, 2024–2029 (Usd Million)

Table 18 Ultrasonic Testing Market, By Equipment, 2020–2023 (Thousand Units)

Table 19 Ultrasonic Testing Market, By Equipment, 2024–2029 (Thousand Units)

Table 20 Equipment: Ultrasonic Testing Market, By Vertical,

2020–2023 (Usd Million)

Table 21 Equipment: Ultrasonic Testing Market, By Vertical,

2024–2029 (Usd Million)

Table 22 Equipment: Ultrasonic Testing Market, By Region,

2020–2023 (Usd Million)

Table 23 Equipment: Ultrasonic Testing Market, By Region,

2024–2029 (Usd Million)

Table 24 Equipment: Ultrasonic Testing Market For Manufacturing, By Region, 2020–2023 (Usd Million)

Table 25 Equipment: Ultrasonic Testing Market For Manufacturing, By Region, 2024–2029 (Usd Million)

Table 26 Equipment: Ultrasonic Testing Market For Oil & Gas, By Region,

2020–2023 (Usd Million)

Table 27 Equipment: Ultrasonic Testing Market For Oil & Gas, By Region,

2024–2029 (Usd Million)

Table 28 Equipment: Ultrasonic Testing Market For Aerospace, By Region,

2020–2023 (Usd Million)

Table 29 Equipment: Ultrasonic Testing Market For Aerospace,

By Region, 2024–2029 (Usd Million)

Table 30 Equipment: Ultrasonic Testing Market For Government & Infrastructure, By Region, 2020–2023 (Usd Million)

Table 31 Equipment: Ultrasonic Testing Market For Government & Infrastructure, By Region, 2024–2029 (Usd Million)

Table 32 Equipment: Ultrasonic Testing Market For Automotive, By Region, 2020–2023 (Usd Million)

Table 33 Equipment: Ultrasonic Testing Market For Automotive, By Region, 2024–2029 (Usd Million)

Table 34 Equipment: Ultrasonic Testing Market For Power Generation,

By Region, 2020–2023 (Usd Million)

Table 35 Equipment: Ultrasonic Testing Market For Power Generation,

By Region, 2024–2029 (Usd Million)

Table 36 Equipment: Ultrasonic Testing Market For Marine, By Region,

2020–2023 (Usd Million)

Table 37 Equipment: Ultrasonic Testing Market For Marine, By Region,

2024–2029 (Usd Million)

Table 38 Equipment: Ultrasonic Testing Market For Other Verticals, By Region, 2020–2023 (Usd Million)

Table 39 Equipment: Ultrasonic Testing Market For Other Verticals, By Region, 2024–2029 (Usd Million)

Table 40 Flaw Detectors: Ultrasonic Testing Market, By Vertical,

2020–2023 (Usd Million)

Table 41 Flaw Detectors: Ultrasonic Testing Market, By Vertical,

2024–2029 (Usd Million)

Table 42 Thickness Gauges: Ultrasonic Testing Market, By Vertical,

2020–2023 (Usd Million)

Table 43 Thickness Gauges: Ultrasonic Testing Market, By Vertical,

2024–2029 (Usd Million)

Table 44 Transducers & Probes: Ultrasonic Testing Market, By Vertical,

2020–2023 (Usd Million)

Table 45 Transducers & Probes: Ultrasonic Testing Market, By Vertical,

2024–2029 (Usd Million)

Table 46 Industrial Scanners: Ultrasonic Testing Market, By Vertical,

2020–2023 (Usd Million)

Table 47 Industrial Scanners: Ultrasonic Testing Market, By Vertical,

2024–2029 (Usd Million)

Table 48 Tube Inspection Systems: Ultrasonic Testing Market, By Vertical,

2020–2023 (Usd Million)

Table 49 Tube Inspection Systems: Ultrasonic Testing Market, By Vertical,

2024–2029 (Usd Million)

Table 50 Bond Testers: Ultrasonic Testing Market, By Vertical,

2020–2023 (Usd Million)

Table 51 Bond Testers: Ultrasonic Testing Market, By Vertical,

2024–2029 (Usd Million)

Table 52 Imaging Systems: Ultrasonic Testing Market, By Vertical,

2020–2023 (Usd Million)

Table 53 Imaging Systems: Ultrasonic Testing Market, By Vertical,

2024–2029 (Usd Million)

Table 54 Others: Ultrasonic Testing Market, By Vertical,

2020–2023 (Usd Million)

Table 55 Others: Ultrasonic Testing Market, By Vertical,

2024–2029 (Usd Million)

Table 56 Ultrasonic Testing Market, By Service, 2020–2023 (Usd Million)

Table 57 Ultrasonic Testing Market, By Service, 2024–2029 (Usd Million)

Table 58 Services: Ultrasonic Testing Market, By Vertical,

2020–2023 (Usd Million)

Table 59 Services: Ultrasonic Testing Market, By Vertical,

2024–2029 (Usd Million)

Table 60 Services: Ultrasonic Testing Market, By Region,

2020–2023 (Usd Million)

Table 61 Services: Ultrasonic Testing Market, By Region,

2024–2029 (Usd Million)

Table 62 Services: Ultrasonic Testing Market For Manufacturing, By Region, 2020–2023 (Usd Million)

Table 63 Services: Ultrasonic Testing Market For Manufacturing, By Region, 2024–2029 (Usd Million)

Table 64 Services: Ultrasonic Testing Market For Oil & Gas, By Region,

2020–2023 (Usd Million)

Table 65 Services: Ultrasonic Testing Market For Oil & Gas, By Region,

2024–2029 (Usd Million)

Table 66 Services: Ultrasonic Testing Market For Aerospace, By Region,

2020–2023 (Usd Million)

Table 67 Services: Ultrasonic Testing Market For Aerospace, By Region,

2024–2029 (Usd Million)

Table 68 Services: Ultrasonic Testing Market For Government

& Infrastructure, By Region, 2020–2023 (Usd Million)

Table 69 Services: Ultrasonic Testing Market For Government

& Infrastructure, By Region, 2024–2029 (Usd Million)

Table 70 Services: Ultrasonic Testing Market For Automotive, By Region,

2020–2023 (Usd Million)

Table 71 Services: Ultrasonic Testing Market For Automotive, By Region,

2024–2029 (Usd Million)

Table 72 Services: Ultrasonic Testing Market For Power Generation, By Region, 2020–2023 (Usd Million)

Table 73 Services: Ultrasonic Testing Market For Power Generation, By Region, 2024–2029 (Usd Million)

Table 74 Services: Ultrasonic Testing Market For Marine, By Region,

2020–2023 (Usd Million)

Table 75 Services: Ultrasonic Testing Market For Marine, By Region,

2024–2029 (Usd Million)

Table 76 Services: Ultrasonic Testing Market For Other Verticals, By Region, 2020–2023 (Usd Million)

Table 77 Services: Ultrasonic Testing Market For Other Verticals, By Region, 2024–2029 (Usd Million)

Table 78 Inspection Services: Ultrasonic Testing Market, By Vertical,

2020–2023 (Usd Million)

Table 79 Inspection Services: Ultrasonic Testing Market, By Vertical,

2024–2029 (Usd Million)

Table 80 Equipment Rental Services: Ultrasonic Testing Market, By Vertical, 2020–2023 (Usd Million)

Table 81 Equipment Rental Services: Ultrasonic Testing Market, By Vertical, 2024–2029 (Usd Million)

Table 82 Calibration Services: Ultrasonic Testing Market, By Vertical,

2020–2023 (Usd Million)

Table 83 Calibration Services: Ultrasonic Testing Market, By Vertical,

2024–2029 (Usd Million)

Table 84 Training Services: Ultrasonic Testing Market, By Vertical,

2020–2023 (Usd Million)

Table 85 Training Services: Ultrasonic Testing Market, By Vertical,

2024–2029 (Usd Million)

Table 86 Ultrasonic Testing Market, By Type, 2020–2023 (Usd Million)

Table 87 Ultrasonic Testing Market, By Type, 2024–2029 (Usd Million)

Table 88 Ultrasonic Testing Market, By Vertical, 2020–2023 (Usd Million)

Table 89 Ultrasonic Testing Market, By Vertical, 2024–2029 (Usd Million)

Table 90 Manufacturing: Ultrasonic Testing Market, By Equipment,

2020–2023 (Usd Million)

Table 91 Manufacturing: Ultrasonic Testing Market, By Equipment,

2024–2029 (Usd Million)

Table 92 Manufacturing: Ultrasonic Testing Market, By Service,

2020–2023 (Usd Million)

Table 93 Manufacturing: Ultrasonic Testing Market, By Service,

2024–2029 (Usd Million)

Table 94 Manufacturing: Ultrasonic Testing Market, By Region,

2020–2023 (Usd Million)

Table 95 Manufacturing: Ultrasonic Testing Market, By Region,

2024–2029 (Usd Million)

Table 96 Oil & Gas: Ultrasonic Testing Market, By Equipment,

2020–2023 (Usd Million)

Table 97 Oil & Gas: Ultrasonic Testing Market, By Equipment,

2024–2029 (Usd Million)

Table 98 Oil & Gas: Ultrasonic Testing Market, By Service,

2020–2023 (Usd Million)

Table 99 Oil & Gas: Ultrasonic Testing Market, By Service,

2024–2029 (Usd Million)

Table 100 Oil & Gas: Ultrasonic Testing Market, By Region,

2020–2023 (Usd Million)

Table 101 Oil & Gas: Ultrasonic Testing Market, By Region,

2024–2029 (Usd Million)

Table 102 Aerospace: Ultrasonic Testing Market, By Equipment,

2020–2023 (Usd Million)

Table 103 Aerospace: Ultrasonic Testing Market, By Equipment,

2024–2029 (Usd Million)

Table 104 Aerospace: Ultrasonic Testing Market, By Service,

2020–2023 (Usd Million)

Table 105 Aerospace: Ultrasonic Testing Market, By Service,

2024–2029 (Usd Million)

Table 106 Aerospace: Ultrasonic Testing Market, By Region,

2020–2023 (Usd Million)

Table 107 Aerospace: Ultrasonic Testing Market, By Region,

2024–2029 (Usd Million)

Table 108 Government & Infrastructure: Ultrasonic Testing Market,

By Equipment, 2020–2023 (Usd Million)

Table 109 Government & Infrastructure: Ultrasonic Testing Market,

By Equipment, 2024–2029 (Usd Million)

Table 110 Government & Infrastructure: Ultrasonic Testing Market, By Service, 2020–2023 (Usd Million)

Table 111 Government & Infrastructure: Ultrasonic Testing Market, By Service, 2024–2029 (Usd Million)

Table 112 Government & Infrastructure: Ultrasonic Testing Market, By Region, 2020–2023 (Usd Million)

Table 113 Government & Infrastructure: Ultrasonic Testing Market, By Region, 2024–2029 (Usd Million)

Table 114 Automotive: Ultrasonic Testing Market, By Equipment,

2020–2023 (Usd Million)

Table 115 Automotive: Ultrasonic Testing Market, By Equipment,

2024–2029 (Usd Million)

Table 116 Automotive: Ultrasonic Testing Market, By Service,

2020–2023 (Usd Million)

Table 117 Automotive: Ultrasonic Testing Market, By Service,

2024–2029 (Usd Million)

Table 118 Automotive: Ultrasonic Testing Market, By Region,

2020–2023 (Usd Million)

Table 119 Automotive: Ultrasonic Testing Market, By Region,

2024–2029 (Usd Million)

Table 120 Power Generation: Ultrasonic Testing Market, By Equipment,

2020–2023 (Usd Million)

Table 121 Power Generation: Ultrasonic Testing Market, By Equipment,

2024–2029 (Usd Million)

Table 122 Power Generation: Ultrasonic Testing Market, By Service,

2020–2023 (Usd Million)

Table 123 Power Generation: Ultrasonic Testing Market, By Service,

2024–2029 (Usd Million)

Table 124 Power Generation: Ultrasonic Testing Market, By Region,

2020–2023 (Usd Million)

Table 125 Power Generation: Ultrasonic Testing Market, By Region,

2024–2029 (Usd Million)

Table 126 Marine: Ultrasonic Testing Market, By Equipment,

2020–2023 (Usd Million)

Table 127 Marine: Ultrasonic Testing Market, By Equipment,

2024–2029 (Usd Million)

Table 128 Marine: Ultrasonic Testing Market, By Service, 2020–2023 (Usd Million)

Table 129 Marine: Ultrasonic Testing Market, By Service, 2024–2029 (Usd Million)

Table 130 Marine: Ultrasonic Testing Market, By Region, 2020–2023 (Usd Million)

Table 131 Marine: Ultrasonic Testing Market, By Region, 2024–2029 (Usd Million)

Table 132 Other Verticals: Ultrasonic Testing Market, By Equipment,

2020–2023 (Usd Million)

Table 133 Other Verticals: Ultrasonic Testing Market, By Equipment,

2024–2029 (Usd Million)

Table 134 Other Verticals: Ultrasonic Testing Market, By Service,

2020–2023 (Usd Million)

Table 135 Other Verticals: Ultrasonic Testing Market, By Service,

2024–2029 (Usd Million)

Table 136 Other Verticals: Ultrasonic Testing Market, By Region,

2020–2023 (Usd Million)

Table 137 Other Verticals: Ultrasonic Testing Market, By Region,

2024–2029 (Usd Million)

Table 138 Ultrasonic Testing Market, By Region, 2020–2023 (Usd Million)

Table 139 Ultrasonic Testing Market, By Region, 2024–2029 (Usd Million)

Table 140 North America: Ultrasonic Testing Market, By Vertical,

2020–2023 (Usd Million)

Table 141 North America: Ultrasonic Testing Market, By Vertical,

2024–2029 (Usd Million)

Table 142 North America: Ultrasonic Testing Market For Equipment, By Vertical, 2020–2023 (Usd Million)

Table 143 North America: Ultrasonic Testing Market For Equipment, By Vertical, 2024–2029 (Usd Million)

Table 144 North America: Ultrasonic Testing Market For Services, By Vertical, 2020–2023 (Usd Million)

Table 145 North America: Ultrasonic Testing Market For Services, By Vertical, 2024–2029 (Usd Million)

Table 146 North America: Ultrasonic Testing Market, By Country,

2020–2023 (Usd Million)

Table 147 North America: Ultrasonic Testing Market, By Country,

2024–2029 (Usd Million)

Table 148 Europe: Ultrasonic Testing Market, By Vertical,

2020–2023 (Usd Million)

Table 149 Europe: Ultrasonic Testing Market, By Vertical,

2024–2029 (Usd Million)

Table 150 Europe: Ultrasonic Testing Market For Equipment, By Vertical,

2020–2023 (Usd Million)

Table 151 Europe: Ultrasonic Testing Market For Equipment, By Vertical,

2024–2029 (Usd Million)

Table 152 Europe: Ultrasonic Testing Market For Services, By Vertical,

2020–2023 (Usd Million)

Table 153 Europe: Ultrasonic Testing Market For Services, By Vertical,

2024–2029 (Usd Million)

Table 154 Europe: Ultrasonic Testing Market, By Country,

2020–2023 (Usd Million)

Table 155 Europe: Ultrasonic Testing Market, By Country,

2024–2029 (Usd Million)

Table 156 Asia Pacific: Ultrasonic Testing Market, By Vertical,

2020–2023 (Usd Million)

Table 157 Asia Pacific: Ultrasonic Testing Market, By Vertical,

2024–2029 (Usd Million)

Table 158 Asia Pacific: Ultrasonic Testing Market For Equipment, By Vertical, 2020–2023 (Usd Million)

Table 159 Asia Pacific: Ultrasonic Testing Market For Equipment, By Vertical, 2024–2029 (Usd Million)

Table 160 Asia Pacific: Ultrasonic Testing Market For Services, By Vertical,

2020–2023 (Usd Million)

Table 161 Asia Pacific: Ultrasonic Testing Market For Services, By Vertical,

2024–2029 (Usd Million)

Table 162 Asia Pacific: Ultrasonic Testing Market, By Country,

2020–2023 (Usd Million)

Table 163 Asia Pacific: Ultrasonic Testing Market, By Country,

2024–2029 (Usd Million)

Table 164 Row: Ultrasonic Testing Market, By Vertical, 2020–2023 (Usd Million)

Table 165 Row: Ultrasonic Testing Market, By Vertical, 2024–2029 (Usd Million)

Table 166 Row: Ultrasonic Testing Market For Equipment, By Vertical,

2020–2023 (Usd Million)

Table 167 Row: Ultrasonic Testing Market For Equipment, By Vertical,

2024–2029 (Usd Million)

Table 168 Row: Ultrasonic Testing Market For Services, By Vertical,

2020–2023 (Usd Million)

Table 169 Row: Ultrasonic Testing Market For Services, By Vertical,

2024–2029 (Usd Million)

Table 170 Row: Ultrasonic Testing Market, By Region, 2020–2023 (Usd Million)

Table 171 Row: Ultrasonic Testing Market, By Region, 2024–2029 (Usd Million)

Table 172 South America: Ultrasonic Testing Market, By Country,

2020–2023 (Usd Million)

Table 173 South America: Ultrasonic Testing Market, By Country,

2024–2029 (Usd Million)

Table 174 Middle East & Africa: Ultrasonic Testing Market, By Region,

2020–2023 (Usd Million)

Table 175 Middle East & Africa: Ultrasonic Testing Market, By Region,

2024–2029 (Usd Million)

Table 176 Ultrasonic Testing Market: Key Player Strategies/Right To Win,

May 2021– October 2024

Table 177 Ultrasonic Testing Market: Degree Of Competition

Table 178 Ultrasonic Testing Market: Company Footprint

Table 179 Ultrasonic Testing Market: Region Footprint

Table 180 Ultrasonic Testing Market: Type Footprint

Table 181 Ultrasonic Testing Market: Equipment Footprint

Table 182 Ultrasonic Testing Market: Service Footprint

Table 183 Ultrasonic Testing Market: Vertical Footprint

Table 184 Ultrasonic Testing Market: List Of Key Startups/Smes

Table 185 Ultrasonic Testing Market: Competitive Benchmarking Of Startups/Smes

Table 186 Ultrasonic Testing Market: Product Launches, May 2021–october 2024

Table 187 Ultrasonic Testing Market: Deals, February 2023–september 2024

Table 188 Baker Hughes Company (Waygate Technologies): Company Overview

Table 189 Baker Hughes Company (Waygate Technologies): Products/Solutions/Services Offered

Table 190 Baker Hughes Company (Waygate Technologies): Product Launches

Table 191 Evident: Company Overview

Table 192 Evident: Products/Solutions/Services Offered

Table 193 Evident: Product Launches

Table 194 Eddyfi: Company Overview

Table 195 Eddyfi: Products/Solutions/Services Offered

Table 196 Eddyfi: Product Launches

Table 197 Eddyfi: Deals

Table 198 Sonatest: Company Overview

Table 199 Sonatest: Products/Solutions/Services Offered

Table 200 Ndt Systems Inc: Company Overview

Table 201 Ndt Systems Inc: Products/Solutions/Services Offered

Table 202 Sgs Société Générale De Surveillance Sa.: Company Overview

Table 203 Sgs Société Générale De Surveillance Sa.: Products/Solutions/Services Offered

Table 204 Intertek Group Plc: Company Overview

Table 205 Intertek Group Plc: Products/Solutions/Services Offered

Table 206 Mistras Group: Company Overview

Table 207 Mistras Group: Products/Solutions/Services Offered

Table 208 Dekra: Company Overview

Table 209 Dekra: Products/Solutions/Services Offered

Table 210 Applus+: Company Overview

Table 211 Applus+: Products/Solutions/Services Offered

Table 212 Tüv Rheinland: Company Overview

Table 213 Tüv Rheinland: Products/Solutions/Services Offered

Table 214 Element Materials Technology: Company Overview

Table 215 Element Materials Technology: Products/Solutions/Services Offered

Table 216 Element Materials Technology: Deals

Table 217 Acoustic Control Systems: Company Overview

Table 218 Amerapex Corporation: Company Overview

Table 219 Ashtead Technology: Company Overview

Table 220 Acuren: Company Overview

Table 221 Modsonic Instruments Mfg. Co. (P) Ltd.: Company Overview

Table 222 Sonotec Gmbh: Company Overview

Table 223 Applied Technical Services: Company Overview

Table 224 Nexxis: Company Overview

Table 225 Vertech Group: Company Overview

Table 226 Guided Ultrasonics Ltd.: Company Overview

Table 227 Irisndt: Company Overview

Table 228 Nanjing Bkn Automation System Co., Ltd.: Company Overview

Table 229 Okondt Group: Company Overview

Figures List

Figure 1 Market Segmentation

Figure 2 Ultrasonic Testing Market: Research Design

Figure 3 Market Size Estimation Methodology—approach 1 (Supply Side): Revenue Generated By Key Players In Ultrasonic Testing Market

Figure 4 Market Size Estimation Methodology—approach 2 (Supply Side): Illustration Of Revenue Estimation Of Key Players In

Ultrasonic Testing Market

Figure 5 Market Size Estimation Methodology—approach 3 (Demand Side): Ultrasonic Testing Market Based On Region

Figure 6 Market Size Estimation Methodology: Bottom-up Approach

Figure 7 Market Size Estimation Methodology: Top-down Approach

Figure 8 Data Triangulation

Figure 9 Ultrasonic Testing Market, 2020–2029 (Usd Million)

Figure 10 Phased Array Segment To Account For Largest Share

During Forecast Period

Figure 11 Flaw Detectors Segment To Lead Market During Forecast Period

Figure 12 Inspection Services Segment To Lead Market During Forecast Period

Figure 13 Power Generation Segment To Account For Largest Share During Forecast Period

Figure 14 Asia Pacific To Record Highest Growth During Forecast Period

Figure 15 Rapid Industrialization And Urbanization To Drive Ultrasonic

Testing Market

Figure 16 Inspection Services Segment To Account For Significant Share By 2029

Figure 17 Power Generation Segment To Lead Market During Forecast Period

Figure 18 North America To Lead Market During Forecast Period

Figure 19 Drivers, Restraints, Opportunities, And Challenges In Ultrasonic Testing Market

Figure 20 Impact Analysis: Drivers

Figure 21 Impact Analysis: Restraints

Figure 22 Impact Analysis: Opportunities

Figure 23 Impact Analysis: Challenges

Figure 24 Ultrasonic Testing Market: Porter's Five Forces Analysis

Figure 25 Ultrasonic Testing Market: Value Chain Analysis

Figure 26 Trends/Disruptions Impacting Customer Business

Figure 27 Ultrasonic Testing Market Ecosystem

Figure 28 Investment And Funding Scenario, 2020–2024

Figure 29 Average Selling Price Trend Of Ultrasonic Testing

Equipment By Key Players

Figure 30 Average Selling Price Trend Of Flaw Detectors, By Region, 2020–2023

Figure 31 Patents Applied And Granted, 2014–2023

Figure 32 Import Data For Hs Code 9031-compliant Products, By Country,

2019–2023

Figure 33 Export Data For Hs Code 9031-compliant Products, By Country,

2019–2023 (Usd Million)

Figure 34 Influence Of Stakeholders On Buying Process For Top 3 Verticals

Figure 35 Key Buying Criteria For Top 3 Verticals

Figure 36 Impact Of Generative Ai/Ai On Ultrasonic Testing Market

Figure 37 Tube Inspection Systems Segment To Grow At Highest Rate During Forecast Period

Figure 38 Inspection Services Segment To Account For Significant Share During Forecast Period

Figure 39 Phased Array Segment To Account For Largest Share During Forecast Period

Figure 40 Power Generation Segment To Account For Significant Share During Forecast Period

Figure 41 Ultrasonic Testing Market, By Region

Figure 42 India To Exhibit Highest Growth During Forecast Period

Figure 43 Asia Pacific To Record Highest Growth During Forecast Period

Figure 44 North America: Ultrasonic Testing Market Snapshot

Figure 45 Europe: Ultrasonic Testing Market Snapshot

Figure 46 Asia Pacific: Ultrasonic Testing Market Snapshot

Figure 47 Ultrasonic Testing Market: Revenue Analysis Of Key Players, 2021–2023 (Usd Million)

Figure 48 Ultrasonic Testing Market Share Analysis, 2023

Figure 49 Ultrasonic Testing Market: Company Valuation, 2024 (Usd Billion)

Figure 50 Ultrasonic Testing Market: Financial Metrics, 2024 (Usd Billion)

Figure 51 Ultrasonic Testing Market: Company Evaluation Matrix

(Key Players), 2023

Figure 52 Ultrasonic Testing Market: Company Footprint

Figure 53 Ultrasonic Testing Market: Company Evaluation Matrix (Startups/Smes), 2023

Figure 54 Baker Hughes Company (Waygate Technologies): Company Snapshot

Figure 55 Sgs Société Générale De Surveillance Sa.: Company Snapshot

Figure 56 Intertek Group Plc: Company Snapshot

Figure 57 Mistras Group: Company Snapshot

Figure 58 Applus+: Company Snapshot

Figure 59 Tüv Rheinland: Company Snapshot