Ultrasonic Non-destructive Testing (NDT) Equipment Market is Expected to Gain Popularity Across the Globe by 2026
Ultrasonic testing is type of non-destructive
inspection equipment that helps detecting the discontinuity in the sample
material without harming the material. This methodology utilizes high frequency
sound incidence on the material of the frequency ranging around 500 KHz-200 MHz
to conduct examinations and measurements. Owing to the requirement of NDT in
industries that include oil & gas, power generation, aerospace &
defense, automotive and transportation and fabrication industries.
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Fast and accurate volumetric and discontinuity
at affordable costs are expected to be the primary growth drivers for increased
adoption
In comparison to other alternative radiography
examination methodologies, this technology is relatively safer and less time
consuming. Less ownership costs, fast throughputs, better detection capability
and usability even in non-screened off areas are anticipated to provide
increased application in end use industries. Moreover, these also help in
examining the internal structure and thickness, in conjunction with highly
reliable results are few additional advantages that will drive the ultrasonic
non-destructive testing equipment market over the forecast period.
Ultrasonic Non-Destructive Testing (NDT)
Market Taxonomy
On the basis of equipment, the global
ultrasonic NDT equipment market is classified into:
- Thickness
gauges
- Digital
flaw detectors
- Phased
array flaw detectors
- Test
machines.
- Others
On the basis of component, the global
ultrasonic NDT equipment market is classified into:
- Equipment
- Service
On the basis of end use industry, the global
ultrasonic NDT equipment market is classified into:
- Oil
& gas
- Power
Generation
- Aerospace
& defense
- Automotive
& Transportation
- Others
Natural gas exploration is anticipated to be
the most prominent factor contributing to the overall growth of the industry
Increasing usage of fossil fuels has led to an
exponential surge in hydrocarbon acquisition costs and has also led to paradigm
shift of the exploration activities. This has led to increased focus on the oil
& gas production and exploration companies on identifying additional
avenues of exploration. Moreover, according to Coherent Market Insights,
utilization of natural gas is expected to register significant demand growth
over the forecast period, which will in turn boost the growth of ultrasonic
non-destructive testing equipment market growth, primarily for the examination
of gas pipeline properties without causing any physical damage.
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Lack of skilled workforce to handle the
operations is expected to majorly hamper the industry growth over the forecast
period
Manual flaw examination requires close
scrutiny by the experienced technicians. Requirement to undergo extensive
training in order to gain appropriate knowledge and experience regarding the
usage is expected to present substantial challenge to the business growth.
Moreover, lack of discontinuity detection in case non homogenous and irregular
shapes, and discontinuity in the immediate layer below the surface is still a
prominent limitation, which is expected to hamper the overall ultrasonic
non-destructive testing equipment market over the forecast period.
Making the software and user interface (UI)
intuitive and enhancing the training the workforce for such technologies may
help the participants counter the drawback of skilled workforce, however,
technical limitations are expected to continue to impact the overall growth.
Among end-use industry segments, the oil and
gas industry accounted for the largest market share and are is expected to
continue its dominance over the next few years. They find various applications
in different oil and gas exploration phases such as refining, transportation
and in manufacturing of several related equipment parts that includes pressure
vessels, boilers, reactors, heat exchangers, and storage tanks. Growing
investments in pipeline transportation and upstream activities will propel the
growth of ultrasonic non-destructive testing equipment market during the next
few years.
Key vendors in the industry include Olympus,
GE Inspection Technologies, Sonatest, Danatronics, James Instruments, Eddyfi,
NDT Systems, Qualitest International, PaR Systems, and Trinity NDT.
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