Market Overview:
Ultrasonic flaw detectors are used to detect discontinuities or flaws in the material thickness, shape and size. The global ultrasonic flaw detector market is segmented on the basis of type, application and region. On the basis of type, the market is divided into conventional ultrasonic flaw instruments and phased array ultrasonic testing instruments. Conventional ultrasonic flaw instruments held a larger share of the market in 2017 owing to its low cost and easy availability. However, phased array ultrasonics is expected to grow at a higher CAGR during 2018-2030 as it offers better performance than conventional ultrasound systems. On the basis of application, electric power industry held a dominant share in 2017 due to increasing demand for electricity worldwide coupled with stringent safety regulations for power transmission lines. However, aerospace industry is expected to grow at highest CAGR during 2018-2030 as it faces greater challenges such as corrosion and fatigue failure that can be detected using ultrasound technology.
Product Definition:
Ultrasonic fault detectors are devices used to locate and identify faults in electrical systems. They work by emitting ultrasonic sound waves and detecting the echoes that return from the faults. This allows them to pinpoint the location of a fault quickly and easily. Ultrasonic fault detectors are important for identifying and repairing electrical faults, which can cause equipment failures and even fires.
Conventional Ultrasonic Flaw instruments:
Ultrasonic flaw detector is a device used to detect flaws in materials such as metals, ceramics, and polymers. Ultrasonic flaw detectors are non-invasive devices that operate by sending ultrasonic pulses into the material and detecting any defects or fractures in the material. The ultrasonic pulse is converted into an electrical signal which is then amplified and sent to a display unit for inspection.
Phased Array ultrasonic testing instruments:
Phased array ultrasonic testing instruments are used for the detection of faults in electronic components. It is a diagnostic tool that uses high frequency sound waves to detect and measure various physical parameters such as thickness, density, and moisture of different materials. The fault detector works on the principle that if any material has malleable characteristics at certain frequencies then it will respond at other frequencies also.
Application Insights:
The electric power industry segment accounted for the largest market share in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030. The growth can be attributed to the increasing demand for energy, particularly in developing countries such as India, China and Brazil. Ultrasonic testing is used extensively across various industries such as oil & gas, chemical, machinery and others where there are pipelines or other pipes that carry liquid or gaseous substances underground.
AErospace Industry segment accounted for significant market share in 2017 owing to extensive use of UDT by aircraft manufacturers during product development phase along with aftermarket services provided by repairers & service providers of aerospace products worldwide.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region can be attributed to increasing demand for ultrasonic testing instruments from emerging countries such as China and India. In addition, rising number of Ultrasound Technicians (UTs) in these regions will drive the demand further. UTs are responsible for maintenance and inspection of industrial equipment using various types of diagnostic ultrasound devices, which include conventional ultrasonic flaw detectors and phased array ultrasonic testing instruments.
The Middle East & Africa is also anticipated to witness significant growth over the coming years owing to presence & expansion activities by various players in this region coupled with favorable government policies regarding energy conservation measures across several industries including power industry, petrochemical industry etc.
Growth Factors:
- Increasing demand for ultrasonic fault detectors in the automotive industry for advanced safety features
- Growing popularity of ultrasonic fault detectors in the industrial sector for quality control and process monitoring
- Rising demand from end-use industries such as oil & gas, power generation, and aerospace & defense
- Technological advancements that have led to the development of new and more efficient ultrasonic fault detectors
- Growing awareness about the benefits of ultrasonic fault detection among end users
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultrasonic Fault Detector Market Research Report
By Type
Conventional Ultrasonic Flaw instruments, Phased Array ultrasonic testing instruments
By Application
Electric power industry, AErospace Industry, PEtrochemical Industry, Machinery Industry, Other
By Companies
GE Measurement & Control, Olympus, Sonotron NDT, Novaic, Magnaflux, Karldeutsh, Proceq, Zetec, GE Measurement & Control
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Ultrasonic Fault Detector Market Report Segments:
The global Ultrasonic Fault Detector market is segmented on the basis of:
Types
Conventional Ultrasonic Flaw instruments, Phased Array ultrasonic testing instruments
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electric power industry, AErospace Industry, PEtrochemical Industry, Machinery Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GE Measurement & Control
- Olympus
- Sonotron NDT
- Novaic
- Magnaflux
- Karldeutsh
- Proceq
- Zetec
- GE Measurement & Control
Highlights of The Ultrasonic Fault Detector Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Conventional Ultrasonic Flaw instruments
- Phased Array ultrasonic testing instruments
- By Application:
- Electric power industry
- AErospace Industry
- PEtrochemical Industry
- Machinery Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ultrasonic Fault Detector Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An ultrasonic fault detector is a device that uses ultrasound to detect faults in electrical systems. Ultrasonic waves are transmitted through the system and reflected back if there is a problem. This allows the device to identify any abnormalities in the system, such as broken wires or damaged components.
Some of the major players in the ultrasonic fault detector market are GE Measurement & Control, Olympus, Sonotron NDT, Novaic, Magnaflux, Karldeutsh, Proceq, Zetec, GE Measurement & Control.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ultrasonic Fault Detector Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ultrasonic Fault Detector Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ultrasonic Fault Detector Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ultrasonic Fault Detector Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ultrasonic Fault Detector Market Size & Forecast, 2020-2028
4.5.1 Ultrasonic Fault Detector Market Size and Y-o-Y Growth
4.5.2 Ultrasonic Fault Detector Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Conventional Ultrasonic Flaw instruments
5.2.2 Phased Array ultrasonic testing instruments
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electric power industry
6.2.2 AErospace Industry
6.2.3 PEtrochemical Industry
6.2.4 Machinery Industry
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ultrasonic Fault Detector Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ultrasonic Fault Detector Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Conventional Ultrasonic Flaw instruments
9.6.2 Phased Array ultrasonic testing instruments
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electric power industry
9.10.2 AErospace Industry
9.10.3 PEtrochemical Industry
9.10.4 Machinery Industry
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Conventional Ultrasonic Flaw instruments
10.6.2 Phased Array ultrasonic testing instruments
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electric power industry
10.10.2 AErospace Industry
10.10.3 PEtrochemical Industry
10.10.4 Machinery Industry
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Conventional Ultrasonic Flaw instruments
11.6.2 Phased Array ultrasonic testing instruments
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electric power industry
11.10.2 AErospace Industry
11.10.3 PEtrochemical Industry
11.10.4 Machinery Industry
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Conventional Ultrasonic Flaw instruments
12.6.2 Phased Array ultrasonic testing instruments
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electric power industry
12.10.2 AErospace Industry
12.10.3 PEtrochemical Industry
12.10.4 Machinery Industry
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Conventional Ultrasonic Flaw instruments
13.6.2 Phased Array ultrasonic testing instruments
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electric power industry
13.10.2 AErospace Industry
13.10.3 PEtrochemical Industry
13.10.4 Machinery Industry
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ultrasonic Fault Detector Market: Competitive Dashboard
14.2 Global Ultrasonic Fault Detector Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE Measurement & Control
14.3.2 Olympus
14.3.3 Sonotron NDT
14.3.4 Novaic
14.3.5 Magnaflux
14.3.6 Karldeutsh
14.3.7 Proceq
14.3.8 Zetec
14.3.9 GE Measurement & Control
