Market Overview:
Ultrasonic velocity measuring instrument is a device that uses ultrasonic waves to measure the speed of an object. Ultrasonic waves are sound waves with frequencies higher than the upper limit of human hearing. Ultrasonic velocity measuring instruments are used in a variety of industries, including architecture, chemical industry, petroleum industry, and others. The global ultrasonic velocity measuring instrument market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for ultrasonic velocity measuring instruments in various applications such as architecture, chemical industry, petroleum industry and others.
Product Definition:
The Ultrasonic Velocity Measuring Instrument is used to measure the speed of sound waves. This information is important for many industrial and scientific applications.
Fixed Ultrasonic Velocity Measuring Instrument:
The global Fixed Ultrasonic Velocity Measuring Instrument market size was valued at USD 1.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for high-precision instruments in various industries such as food & beverages, chemical processing, oil & gas, pharmaceuticals, and automotive is anticipated to drive growth over the next seven years.
Portable Ultrasonic Velocity Measuring Instrument:
The portable ultrasonic velocity measuring instrument is used to measure the velocity of sound in gases or liquids. It can be used for measurement of flow rate in gas and liquid pipelines, vapor transmission, gas turbine speed, etc.
Portable ultrasonic velocity measuring instrument consists of transducer & power source unit and a display device (laptop or LCD).
Application Insights:
The others application segment includes food & beverage, pharmaceuticals, packaging, agriculture and medical applications. The chemical industry was the largest revenue contributor in 2017 owing to the increasing demand for process automation and ultrasonic measurement devices in that sector. The architecture sector is expected to witness a significant growth rate over the forecast period due to rising construction activities across several countries worldwide.
The product has numerous advantages including easy operation; high precision; fast response time; large measuring range (0-infinity) with high resolution (2% of reading); immunity from vibration and temperature changes etc. Several manufacturers are focusing on R&D activities for developing new products with enhanced performance characteristics which will provide better solutions for industrial purposes as well as architectural designs globally over the coming years.
Ultrasonic velocity measuring instruments have been used extensively by various industries such as petroleum, food processing or pharmaceutical industries due to their benefits such as long life span of measurement results without maintenance etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region with a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing demand for portable and fixed UAVMI in various industries such as construction, automotive, aerospace & defense, and others. The growing infrastructure activities coupled with rapid industrialization in the region will drive the market further.
The Middle East & Africa ultrasonic velocity measuring instrument market is anticipated to grow at a significant rate owing to increasing oil production across countries such as Saudi Arabia and others. In addition, rising investments by major players for exploration of oil fields using advanced technologies are anticipated boost product demand in MEA over the forecast period.
North America was one of the largest regional markets followed by Europe due its high adoption rate along with well established infrastructure within these regions; hence making it an ideal destination for industry participants looking forward lucrative opportunities offered by these regions – especially developed economies like U.S.
Growth Factors:
- Increasing demand from end-use industries such as automotive, aerospace, and manufacturing
- Growing popularity of ultrasonic velocity measuring instruments in research and development activities
- Rising adoption of ultrasonic velocity measuring instruments for quality control and process monitoring purposes
- Proliferation of portable ultrasonic velocity measuring instruments across various industry verticals
- Technological advancements in ultrasonic velocity measurement technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultrasonic Velocity Measuring Instrument Market Research Report
By Type
Fixed Ultrasonic Velocity Measuring Instrument, Portable Ultrasonic Velocity Measuring Instrument
By Application
Architecture, Chemical Industry, Petroleum Industry, Others
By Companies
Ultrasonic Engineering, Wille Geotechnik (APS), CONTROLS, Proceq, James Instruments, HÖNTZSCH, GCTS, Unidata, Optel, Yangzhou Oriental UltrasoundTechnology
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
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Ultrasonic Velocity Measuring Instrument Market Report Segments:
The global Ultrasonic Velocity Measuring Instrument market is segmented on the basis of:
Types
Fixed Ultrasonic Velocity Measuring Instrument, Portable Ultrasonic Velocity Measuring Instrument
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
Architecture, Chemical Industry, Petroleum Industry, Others
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:
- Ultrasonic Engineering
- Wille Geotechnik (APS)
- CONTROLS
- Proceq
- James Instruments
- HÖNTZSCH
- GCTS
- Unidata
- Optel
- Yangzhou Oriental UltrasoundTechnology
Highlights of The Ultrasonic Velocity Measuring Instrument 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:
- Fixed Ultrasonic Velocity Measuring Instrument
- Portable Ultrasonic Velocity Measuring Instrument
- By Application:
- Architecture
- Chemical Industry
- Petroleum Industry
- Others
- 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 Velocity Measuring Instrument 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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 velocity measuring instrument is a device used to measure the speed of sound in a material.
Some of the major companies in the ultrasonic velocity measuring instrument market are Ultrasonic Engineering, Wille Geotechnik (APS), CONTROLS, Proceq, James Instruments, H–NTZSCH, GCTS, Unidata, Optel, Yangzhou Oriental UltrasoundTechnology.
The ultrasonic velocity measuring instrument market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ultrasonic Velocity Measuring Instrument 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 Velocity Measuring Instrument Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ultrasonic Velocity Measuring Instrument 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 Velocity Measuring Instrument 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 Velocity Measuring Instrument Market Size & Forecast, 2020-2028
4.5.1 Ultrasonic Velocity Measuring Instrument Market Size and Y-o-Y Growth
4.5.2 Ultrasonic Velocity Measuring Instrument 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 Fixed Ultrasonic Velocity Measuring Instrument
5.2.2 Portable Ultrasonic Velocity Measuring Instrument
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 Architecture
6.2.2 Chemical Industry
6.2.3 Petroleum Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ultrasonic Velocity Measuring Instrument 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 Velocity Measuring Instrument 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 Fixed Ultrasonic Velocity Measuring Instrument
9.6.2 Portable Ultrasonic Velocity Measuring Instrument
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 Architecture
9.10.2 Chemical Industry
9.10.3 Petroleum Industry
9.10.4 Others
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 Fixed Ultrasonic Velocity Measuring Instrument
10.6.2 Portable Ultrasonic Velocity Measuring Instrument
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 Architecture
10.10.2 Chemical Industry
10.10.3 Petroleum Industry
10.10.4 Others
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 Fixed Ultrasonic Velocity Measuring Instrument
11.6.2 Portable Ultrasonic Velocity Measuring Instrument
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 Architecture
11.10.2 Chemical Industry
11.10.3 Petroleum Industry
11.10.4 Others
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 Fixed Ultrasonic Velocity Measuring Instrument
12.6.2 Portable Ultrasonic Velocity Measuring Instrument
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 Architecture
12.10.2 Chemical Industry
12.10.3 Petroleum Industry
12.10.4 Others
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 Fixed Ultrasonic Velocity Measuring Instrument
13.6.2 Portable Ultrasonic Velocity Measuring Instrument
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 Architecture
13.10.2 Chemical Industry
13.10.3 Petroleum Industry
13.10.4 Others
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 Velocity Measuring Instrument Market: Competitive Dashboard
14.2 Global Ultrasonic Velocity Measuring Instrument Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ultrasonic Engineering
14.3.2 Wille Geotechnik (APS)
14.3.3 CONTROLS
14.3.4 Proceq
14.3.5 James Instruments
14.3.6 HÖNTZSCH
14.3.7 GCTS
14.3.8 Unidata
14.3.9 Optel
14.3.10 Yangzhou Oriental UltrasoundTechnology
