Welcome!

News Feed Item

Analysis of the Global Ultrasonic Non-destructive Test Equipment Market

LONDON, Feb. 10, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report:

Analysis of the Global Ultrasonic Non-destructive Test Equipment Market


Phased Array Ultrasonic Test Equipment Outpacing the Market

The global ultrasonic non-destructive test (NDT) equipment market was impacted severely by the economic recession of 2009 to 2010. Since then, the market has done well to maintain a stable growth rate. This market engineering study discusses the current state of the total global ultrasonic NDT equipment market; it provides analyses for the following segments: thickness gauges, digital flaw detectors, phased array flaw detectors, and test machines. Regions covered include North America, Europe, Asia-Pacific, and ROW. The study also gives an overview of the current trends impacting this market, the size of the market, its future potential, and its competitive environment. The base year is 2012, and the forecast period is 2013 to 2017.

Key Findings

•The highest revenue generated in the ultrasonic nondestructive test (NDT) equipment market is from the test machines segment, whereas the highest volume sales is in the thickness gauges segment.
•Phased array flaw detectors represent the highest growing segment in the ultrasonic NDT equipment market, both in terms of revenue and volume.
•The average price per unit in the phased array flaw detectors segment is decreasing at a rapid rate, with a X% reduction in price forecasted from 2012 to 2017.
•Within the phased array flaw detector segment, existing participants are introducing more new products than before, and new participants are entering this booming segment.
•Oil and gas—followed by power generation and aerospace, military, and defense—is the highest revenue contributor to the ultrasonic NDT equipment market.
•The market is growing the most in Rest of World (ROW), with growth occurring in the Middle East, Africa, and South America.
•GE Measurement and Control Solutions and Olympus NDT are the leading market participants. Sonatest PLC is a distant third.
•The highest number of participants exist in the test machines market segment, which is dominated by system integrators.

CEO's Perspective

1. In this market, year-over-year unit sales vary considerably, and the market is quite dependent on general economic conditions.
2. Equipment manufacturers are moving toward low-end phased array flaw detectors that provide basic functionalities.
3. Because of maturing technology, customers have placed extra emphasis on equipment features and software capabilities.
4. High growth regions include regions in ROW, such as the Middle East, Africa, and Latin America (especially Brazil).
5. A lack of skilled technicians, especially in the phased array ultrasonic testing segment, means that equipment must be easy to use.

Market Definitions

Geographic Coverage: Global
Study Period: 2009–2017
Base Year: 2012
Forecast Period: 2013–2017
Monetary Unit: US Dollars
Conversion Rate: $1.00 = € - $1.00 = £X

•For the purpose of this study, the market is defined as the revenue generated by the ultrasonic NDT equipment manufacturers and the system integrators that sell integrated test machines globally.
•The geographic scope is global and is segmented as follows:
oNorth America—includes the United States and Canada
oEurope: includes Belgium, France, Denmark, Scandinavia, Germany, Italy, Luxembourg, the Netherlands, Spain, Portugal, Greece, Turkey, Russia, the United Kingdom, Serbia, Slovakia, Croatia, Romania, Bulgaria, Estonia, Belarus, Hungary, Azerbaijan, the Czech Republic, Ireland, Switzerland, Poland, and Ukraine
oAsia-Pacific—includes Greater China (China, Hong Kong, and Taiwan), Japan, South Korea, Pakistan, North Korea, India, ASEAN* countries (Singapore, Malaysia, Indonesia, The Philippines, Thailand, and Vietnam), Central Asian countries (Kazakhstan, Uzbekistan, Turkmenistan, Tajikistan, Kyrgystan) Australia, and New Zealand
oRest of World—includes countries in Latin America (such as Brazil, Mexico, Argentina, and other countries in Central and South America as well as in the Caribbean), the Middle East, and Africa

The different product segments included in this study are as follows:
Thickness Gauges—these are instruments that utilize conventional ultrasonic principles and can be operated in different modes such as pulse echo, multiple echo, or echo to echo. These modes define how the measurement is made. The thickness gauges can be further sub divided into precision gauges and corrosion gauges. Corrosion gauges are used to measure the remaining wall thickness in metal pipes, tanks, structural parts, and pressure vessels that are affected by internal corrosion. Precision gauges are more applicable in the aerospace and automotive industries, which require greater accuracy in measurements and the ability to measure thin metals.
Digital Flaw Detectors—Also known as mono-channel flaw detectors, these are instruments that operate on conventional ultrasonic principles and typically possess 1 to 4 channels for measurement. Most digital flaw detectors are extremely portable, with the handheld variants being very popular. This segment includes high-end benchtop variants, as well.
Phased Array Flaw Detectors—These work on the phased array ultrasonic principles and are typically combined with time-of-flight diffraction (TOFD) to provide a holistic ultrasonic testing instrument. Based on features, phased array ultrasonic flaw detectors can be sub-divided into low-end, mid-end, and high-end varieties. The low-end and mid-end detectors are portable instruments, whereas the high-end ones are benchtop instruments. Any portable or benchtop unit that possesses phased array ultrasonic capability is included in this segment.
Test Machines—These are systems sold mostly by system integrators for use in a manufacturing environment. These systems are typically integrated with the production lines that include mechanical frames. These can also be used offline as a fixed-test system. They are highly customized for specific applications and end-client needs. This segment includes revenue generated from mechanical systems, as well.

The end-user industries covered in this study are as follows:
Oil and Gas—includes refineries, on-shore and offshore oil and gas wells and rigs, on-shore and off-shore oil and gas pipelines, and chemical and petrochemical plants
Power Generation—includes energy companies; utilities; and co-generation, renewable, and non-renewable power plants.
Aerospace, Military, and Defense—includes commercial and private aviation and military- and defense-related research labs
Automotive and Transportation—includes the automotive and transportation industries, such as roadways and railways
Others—includes government and educational institutions; process industries; the mining industry; and companies involved with inspecting civil infrastructure, which includes such structures as buildings, bridges, and stadiums

Revenue for all end-user industry segments includes equipment sold for both testing during the manufacturing of individual components—such as tubes, bars, pipes, plates, strips, vessels, billets, and castings—and the in-service inspection of these components.

The scope of this study does not include guided wave ultrasonic testing, laser ultrasonic testing, corrosion monitoring that uses permanently installed ultrasonic sensors, ultrasonic transducers, and the probes that are sold individually as consumables and not with new equipment.

Key Questions This Study Will Answer

• Is the ultrasonic NDT equipment market growing, how long will it continue to grow, and at what rate?
• What are the strategic growth regions and the factors driving and restraining these markets?
• How is the competition in the market structured? What is the competitive environment for individual product segments?
• Which end-user industry segments will offer growth opportunities in the next 5 years?
• Are the products/services offered today meeting customer needs or is additional development needed?
• Which product segments offer the highest growth opportunities, both in terms of revenue and volume sales?


Table Of Contents

1. Executive Summary
2. Market Overview
3. Total Ultrasonic NDT Equipment Market
• Drivers and Restraints
• Forecast and Trends
• Market Share and Competitive Analysis
4. Thickness Gauges Segment Breakdown
5. Digital Flaw Detectors Segment Breakdown
6. Phased Array Flaw Detectors Segment Breakdown
7. Test Machines Segment Breakdown
8. North American Breakdown
9. European Breakdown
10. Asia-Pacific Breakdown
11. Rest of World Breakdown
12. The Last Word
13. Appendix




Read the full report:
Analysis of the Global Ultrasonic Non-destructive Test Equipment Market
http://www.reportbuyer.com/industry_manufacturing/machinery/analysis_glo...

For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +44 208 816 85 48
Website: www.reportbuyer.com

 

SOURCE ReportBuyer

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
DevOps promotes continuous improvement through a culture of collaboration. But in real terms, how do you: Integrate activities across diverse teams and services? Make objective decisions with system-wide visibility? Use feedback loops to enable learning and improvement? With technology insights and real-world examples, in his general session at @DevOpsSummit, at 21st Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, explored how leading organizations use data-driven DevOps to close th...
Continuous Delivery makes it possible to exploit findings of cognitive psychology and neuroscience to increase the productivity and happiness of our teams. In his session at 22nd Cloud Expo | DXWorld Expo, Daniel Jones, CTO of EngineerBetter, will answer: How can we improve willpower and decrease technical debt? Is the present bias real? How can we turn it to our advantage? Can you increase a team’s effective IQ? How do DevOps & Product Teams increase empathy, and what impact does empath...
As many know, the first generation of Cloud Management Platform (CMP) solutions were designed for managing virtual infrastructure (IaaS) and traditional applications. But that's no longer enough to satisfy evolving and complex business requirements. In his session at 21st Cloud Expo, Scott Davis, Embotics CTO, explored how next-generation CMPs ensure organizations can manage cloud-native and microservice-based application architectures, while also facilitating agile DevOps methodology. He expla...
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software. They hope to capture value from emerging technologies such as IoT, SDN, and AI. Ultimately, irrespective of the vertical, it is about deriving value from independent software applications participating in an ecosystem as one comprehensive solution. In his session at @ThingsExpo, Kausik Sridhar, founder and CTO of Pulzze Systems, discussed how given the magnitude of today's application ...
Modern software design has fundamentally changed how we manage applications, causing many to turn to containers as the new virtual machine for resource management. As container adoption grows beyond stateless applications to stateful workloads, the need for persistent storage is foundational - something customers routinely cite as a top pain point. In his session at @DevOpsSummit at 21st Cloud Expo, Bill Borsari, Head of Systems Engineering at Datera, explored how organizations can reap the bene...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, examined the regulations and provided insight on how it affects technology, challenges the established rules and will usher in new levels of diligence arou...
You know you need the cloud, but you're hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You're looking at private cloud solutions based on hyperconverged infrastructure, but you're concerned with the limits inherent in those technologies. What do you do?
Recently, WebRTC has a lot of eyes from market. The use cases of WebRTC are expanding - video chat, online education, online health care etc. Not only for human-to-human communication, but also IoT use cases such as machine to human use cases can be seen recently. One of the typical use-case is remote camera monitoring. With WebRTC, people can have interoperability and flexibility for deploying monitoring service. However, the benefit of WebRTC for IoT is not only its convenience and interopera...
Sanjeev Sharma Joins June 5-7, 2018 @DevOpsSummit at @Cloud Expo New York Faculty. Sanjeev Sharma is an internationally known DevOps and Cloud Transformation thought leader, technology executive, and author. Sanjeev's industry experience includes tenures as CTO, Technical Sales leader, and Cloud Architect leader. As an IBM Distinguished Engineer, Sanjeev is recognized at the highest levels of IBM's core of technical leaders.
In his general session at 21st Cloud Expo, Greg Dumas, Calligo’s Vice President and G.M. of US operations, discussed the new Global Data Protection Regulation and how Calligo can help business stay compliant in digitally globalized world. Greg Dumas is Calligo's Vice President and G.M. of US operations. Calligo is an established service provider that provides an innovative platform for trusted cloud solutions. Calligo’s customers are typically most concerned about GDPR compliance, application p...
Mobile device usage has increased exponentially during the past several years, as consumers rely on handhelds for everything from news and weather to banking and purchases. What can we expect in the next few years? The way in which we interact with our devices will fundamentally change, as businesses leverage Artificial Intelligence. We already see this taking shape as businesses leverage AI for cost savings and customer responsiveness. This trend will continue, as AI is used for more sophistica...
The 22nd International Cloud Expo | 1st DXWorld Expo has announced that its Call for Papers is open. Cloud Expo | DXWorld Expo, to be held June 5-7, 2018, at the Javits Center in New York, NY, brings together Cloud Computing, Digital Transformation, Big Data, Internet of Things, DevOps, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
SYS-CON Events announced today that Synametrics Technologies will exhibit at SYS-CON's 22nd International Cloud Expo®, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Synametrics Technologies is a privately held company based in Plainsboro, New Jersey that has been providing solutions for the developer community since 1997. Based on the success of its initial product offerings such as WinSQL, Xeams, SynaMan and Syncrify, Synametrics continues to create and hone inn...
Smart cities have the potential to change our lives at so many levels for citizens: less pollution, reduced parking obstacles, better health, education and more energy savings. Real-time data streaming and the Internet of Things (IoT) possess the power to turn this vision into a reality. However, most organizations today are building their data infrastructure to focus solely on addressing immediate business needs vs. a platform capable of quickly adapting emerging technologies to address future ...