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Ultrasonic Testing Market Growth Factors and Regional Outlook – 2030

The global ultrasonic testing market size is estimated to be valued at USD 3.76 billion in 2023 and is projected to reach USD 6.52 billion by 2030, recording a CAGR of 6.3%.

A comprehensive examination of the recently released research report from Exactitude Consultancy, titled “Global Ultrasonic Testing Market Size, Share, Pricing, Trends, Growth, Opportunities, and Forecast 2024-2030” is presented. This study encompasses essential insights into the target market, including projections regarding potential revenue, customer demands, regional assessments, and the principal elements poised to influence the market’s future trajectory. The report offers insights into prominent companies operating in the industry, newcomers to the market, supply chain innovations, financial considerations, noteworthy industry events, technological advancements, and forthcoming strategies, including mergers and acquisitions. To present readers with a holistic perspective of the market, the report categorizes the global Ultrasonic Testing market based on criteria such as type, applications, distribution channels, geography, and more.

For Detailed Information of the Market, Download PDF Sample Report:

Year Considered to Estimate the Market Size:

  • Base Year of the Analysis: 2023
  • Historical Period: 2018-2023
  • Forecast Period: 2024-2030

Competitive Landscape

The Ultrasonic Testing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Ultrasonic Testing market.

Leading Key players included in this Report are:

Major players in the Ultrasonic Testing Market are identified through secondary research and their market revenues determined through primary and secondary research are: Mistras Group, Olympus Corporation, Baker Hughes, Intertek, Sonatest Ltd, Amerapex Corporation, Sonotron Ndt, Tecscan Systems Inc, Ashtead Technology and Ndt Systems Inc. among other domestic.

In December 2020, Walgate Technologies, a Baker Hughes business and an industry leader in inspection solutions, introduced Phoenix Powerlscan HE solution, its first high-energy computed tomography system.

In September 2019, MISTRAS Group acquired New Century Software (US), a leading provider of pipeline integrity management software and services to energy transportation companies.

In June 2019, Olympus Corporation launched the DSX1000 digital microscope, which significantly improves the inspection workflow of users and enables the analysis of a wide variety of samples with a single tool.

Ultrasonic Testing Market Segmentation:

Ultrasonic Testing Market By Type, 2024-2030, (USD Million) (Thousand Units)

Time-Of-Flight Diffraction

Phased Array

Immersion Testing

Guided-Wave Testing


Ultrasonic Testing Market By Equipment, 2024-2030, (USD Million) (Thousand Units)

Flaw Detectors

Thickness Gauges

Transducers & Probes

Industrial Scanners

Ultrasonic Testing Market By Vertical, 2024-2030, (USD Million) (Thousand Units)


Oil & Gas



Power Generation

Explore Full Report With Table of Contents:

Regional Outlook:

◘ North America (United States, Canada, and Mexico)

◘ Europe (Germany, France, UK, Russia, and Italy)

◘ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

◘ South America (Brazil, Argentina, Colombia, etc.)

◘ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Important Features that are under offering & key highlights of the report:

– Detailed overview of Ultrasonic Testing market

– Changing market dynamics of the industry

– In-depth market segmentation by Type, Application, etc.

– Historical, current and projected market size in terms of volume and value

– Recent industry trends and developments

– Competitive landscape of Ultrasonic Testing market

– Strategies of key players and product offerings

– Potential and niche segments/regions exhibiting promising growth

– A neutral perspective towards Ultrasonic Testing market performance

– Market player’s information to sustain and enhance their footprint

Key Benefits:

⏩ This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of Ultrasonic Testing market.

⏩ A descriptive analysis of demand-supply gap, estimation and forecast in the global Ultrasonic Testing market.

⏩ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

⏩ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Ultrasonic Testing Market.

Following are some of the Most Important Questions that are Answered in this Report:

➟ What are the key regulatory frameworks governing significant sectors within the Ultrasonic Testing Market?

➟ Which technological advancements are exerting the most significant influence on the projected growth of the global Ultrasonic Testing Market?

➟ Who are the leading global enterprises currently exerting significant control over the majority of the Ultrasonic Testing Market?

➟ What primary business models are typically employed by the major companies in this market?

➟ What are the pivotal factors expected to impact the global expansion of the Ultrasonic Testing Market?

➟ How do major companies operating in the global Ultrasonic Testing Market space incorporate crucial strategies?

➟ What are the existing revenue contributions of various product categories in the global Ultrasonic Testing Market, and what changes are anticipated in this regard?

Why Choose Exactitude Consultancy’s Market Report?

  • Unbiased conclusions and market insights.
  • 24×7 customer service available to address client queries.
  • Highly efficient and experienced team of analysts striving to create top-quality reports.
  • Our reports have facilitated the growth of over 500 companies.
  • The systematic and methodical market research process.

About Us

Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.

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