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
"With Digital Experience Monitoring what used to be a simple visit to a web page has exploded into app on phones, data from social media feeds, competitive benchmarking - these are all components that are only available because of some type of digital asset," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
21st International Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Me...
SYS-CON Events announced today that DXWorldExpo has been named “Global Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Digital Transformation is the key issue driving the global enterprise IT business. Digital Transformation is most prominent among Global 2000 enterprises and government institutions.
SYS-CON Events announced today that Datera, that offers a radically new data management architecture, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datera is transforming the traditional datacenter model through modern cloud simplicity. The technology industry is at another major inflection point. The rise of mobile, the Internet of Things, data storage and Big...
Kubernetes is an open source system for automating deployment, scaling, and management of containerized applications. Kubernetes was originally built by Google, leveraging years of experience with managing container workloads, and is now a Cloud Native Compute Foundation (CNCF) project. Kubernetes has been widely adopted by the community, supported on all major public and private cloud providers, and is gaining rapid adoption in enterprises. However, Kubernetes may seem intimidating and complex ...
"Outscale was founded in 2010, is based in France, is a strategic partner to Dassault Systémes and has done quite a bit of work with divisions of Dassault," explained Jackie Funk, Digital Marketing exec at Outscale, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We focus on SAP workloads because they are among the most powerful but somewhat challenging workloads out there to take into public cloud," explained Swen Conrad, CEO of Ocean9, Inc., in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"I think DevOps is now a rambunctious teenager – it’s starting to get a mind of its own, wanting to get its own things but it still needs some adult supervision," explained Thomas Hooker, VP of marketing at CollabNet, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We are still a relatively small software house and we are focusing on certain industries like FinTech, med tech, energy and utilities. We help our customers with their digital transformation," noted Piotr Stawinski, Founder and CEO of EARP Integration, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We've been engaging with a lot of customers including Panasonic, we've been involved with Cisco and now we're working with the U.S. government - the Department of Homeland Security," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We're here to tell the world about our cloud-scale infrastructure that we have at Juniper combined with the world-class security that we put into the cloud," explained Lisa Guess, VP of Systems Engineering at Juniper Networks, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Your homes and cars can be automated and self-serviced. Why can't your storage? From simply asking questions to analyze and troubleshoot your infrastructure, to provisioning storage with snapshots, recovery and replication, your wildest sci-fi dream has come true. In his session at @DevOpsSummit at 20th Cloud Expo, Dan Florea, Director of Product Management at Tintri, provided a ChatOps demo where you can talk to your storage and manage it from anywhere, through Slack and similar services with...
As enterprise cloud becomes the norm, businesses and government programs must address compounded regulatory compliance related to data privacy and information protection. The most recent, Controlled Unclassified Information and the EU’s GDPR have board level implications and companies still struggle with demonstrating due diligence. Developers and DevOps leaders, as part of the pre-planning process and the associated supply chain, could benefit from updating their code libraries and design by in...
"Peak 10 is a hybrid infrastructure provider across the nation. We are in the thick of things when it comes to hybrid IT," explained Michael Fuhrman, Chief Technology Officer at Peak 10, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
SYS-CON Events announced today that Calligo, an innovative cloud service provider offering mid-sized companies the highest levels of data privacy and security, has been named "Bronze Sponsor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Calligo offers unparalleled application performance guarantees, commercial flexibility and a personalised support service from its globally located cloud plat...