Ultrasonic testing is a nondestructive test method that uses high sound frequency to make measurements and conduct examinations. Increasing the adoption of ultrasonic testing equipment in the oil & gas industry can result in a higher demand for ultrasonic testing equipment. The mounting focus on pipeline safety is growing the adoption of innovative technologies and best practices which, in turn, will boost the demand for the ultrasonic testing equipment market. In contrast to other alternative radiography examination methodology, ultrasonic testing is safe and less time-consuming.
The increasing stringency of regulations relating to the integrity and safety of oil & gas pipelines has is the significant factor driving the growth of the ultrasonic testing equipment market. However, non-suitability for all kinds of surfaces is one of the major factor restraining the growth of the ultrasonic testing equipment market. With the increasing need for power, both in the industrial and residential sectors, the demand for ultrasonic test equipment is anticipated to boost the growth of market.
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The global ultrasonic testing equipment market is segmented on the basis of product, component, technique, end-user. On the basis of product, the market is segmented as flaw detectors, thickness gauges, ultrasonic scanners, others. On the basis of component, the market is segmented as hardware, services. On the basis of technique, the market is segmented as conventional, advanced. On the basis of end-user, the market is segmented as oil and gas, aerospace and defense, power generation, automotive, manufacturing, others.
The report also includes the profiles of key ultrasonic testing equipment market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
– Amerapex Corporation
– Cygnus Instruments Inc.
– Eddyfi NDT Inc.
– NDT Systems. Inc.
– OLYMPUS CORPORATION
– Sonatest Ltd
– SONOTEC GmbH
– Zeal International
– Zetec, Inc.
The report analyzes factors affecting ultrasonic testing equipment market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Ultrasonic testing equipment market in these regions.
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- Learn about the driving factors, affecting the market growth.
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- Envision the restrictions and restrains that are likely to hamper the market.
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