Registering a CAGR of 3.2% over the forecast period, the market value of Phased Array Ultrasonic Flaw Detector is expected to reach US$ 3700 million in the year 2027.
Growing health hazards in recent times have directed to restrictions on the usage of industrial radiography. As a result, alternative techniques and methods such as Phased Array Ultrasonic Flaw Detector (PAUT) have become increasingly important.
Increasing multifaceted geometries that are slow and difficult to inspect, Phased Array Ultrasonic Flaw Detector (PAUT) is used for crack detection and weld inspections in seconds. Because of its high repeatability, the Phased Array Ultrasonic Flaw Detector (PAUT) can be easily used for repeat scans. PAUT (Phased Array Ultrasonic Flaw Detector) can be used in any test that has traditionally used conventional ultrasonic flaw detectors.
The demand for the Phased Array Ultrasonic Flaw Detector (PAUT) Market has increased due to accurate flaw sizing, amplitude independence, and sizing of the technique with time-of-flight information. As the complexity of geometries increases, it becomes more difficult to detect defaults and internal cracks. As a result, the demand for a Phased Array Ultrasonic Flaw Detector is expected to rise in order to improve the sizing and location determination of discontinuities (PAUT).
Factors driving the growth of the ultrasonic flaw detectors market include the development of portable Phased Array Ultrasonic Flaw Detector equipment, the need for a reliable non-destructive testing technique for fiberglass and carbon fiber composites in manufacturing, growth in the ultrasonic testing services market, and government mandates.
Internal data loggers, which can be used to record full waveform and test setup information, such as echo amplitude, depth or distance readings, or the presence or absence of alarm conditions, increase the versatility of ultrasonic flaw detectors, resulting in high demand for ultrasonic flaw detectors during the forecast period.
The global Phased Array Ultrasonic Flaw Detector includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Olympus, Kroups, Baker Hughes (GE), Proceq, Sonotron NDT, Sonatest, Nantong Youlian, Karldeutsch, Guangzhou Doppler, Zetec, Modsonic, Wuhan Zhongke Innovation, Siui and others.
Innovative Novosound, a Scottish technology company, has received a £3.3 million investment led by Foresight Williams.
June 2020—Novosound, a Scottish startup, announced plans to launch its first flexible thin-film ultrasound sensor for inspecting curved surfaces. A USD 4.3 million investment was secured for the development of a flexible phased array and imaging devices for non-destructive testing inspection.
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
By Application, it is segmented into
Because of the ongoing enduring activities such as manufacturing, increasing building and construction events in the emerging region i.e., Asia Pacific, Middle East & Africa, and Latin America, the Phased Array Ultrasonic Flaw Detector market is expected to see enormous developing market conditions. Furthermore, the increase in oil and gas activities, as well as the maintenance and maximization of production from existing oilfields, is expected to stout the market for Phased Array Ultrasonic Flaw Detector, particularly in the Asia-Pacific region.
The region's rapid industrialization and expanding arena redevelopment are expected to drive the Phased Array Ultrasonic Flaw Detector market. The expanding oil and gas industry in the Middle East, Africa, and Latin America is expected to support the Phased Array Ultrasonic Flaw Detector market.
The Phased Array Ultrasonic Flaw Detector Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Phased Array Ultrasonic Flaw Detector Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Phased Array Ultrasonic Flaw Detector Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Phased Array Ultrasonic Flaw Detector Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Report Title | Phased Array Ultrasonic Flaw Detector Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: Olympus, Kroups, Baker Hughes (GE), Proceq, Sonotron NDT |
Forecast Period 2022 to 2027 CAGR | CAGR of 3.2% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Olympus, Kroups, Baker Hughes (GE), Proceq, Sonotron NDT, Sonatest, Nantong Youlian, Karldeutsch, Guangzhou Doppler, Zetec, Modsonic, Wuhan Zhongke Innovation, Siui |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 139 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Phased Array Ultrasonic Flaw Detector Market is studied from 2017 - 2027.
What is the growth rate of the Phased Array Ultrasonic Flaw Detector Market?
The Phased Array Ultrasonic Flaw Detector Market is growing at a CAGR of 3.2% over the next 5 years.
Who are the key players in Phased Array Ultrasonic Flaw Detector Market?
Olympus, Kroups, Baker Hughes (GE), Proceq, Sonotron NDT, Sonatest, Nantong Youlian, Karldeutsch, Guangzhou Doppler, Zetec, Modsonic, Wuhan Zhongke Innovation, Siui
What regions does this Phased Array Ultrasonic Flaw Detector Market report cover?
North America (the 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)
What are the significant types of Phased Array Ultrasonic Flaw Detector Market?
Portable, Benchtop
What are the major end-use applications of Phased Array Ultrasonic Flaw Detector Market?
Energy, Aerospace, Oil & Gas, Manufacturing and Machinery, Automotive, Railways, Others
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