Ultrasonic Testing Equipment Market (UT): 7.52% CAGR Forecast for 2013-2018 in a New Global Research Report

DALLAS, August 21, 2014 /PRNewswire/ --

SandlerResearch.org adds "GlobalUT Equipment Market 2014-2018", a new research report on ultrasonic testing equipment industry, to its store. Ultrasonic testing is a type of non-destructive testing (NDT). NDT is a method of finding discontinuity in test material without harming the material. Ultrasonic testing equipment uses high-frequency sound energy to conduct examinations and make measurements. The frequency used for ultrasonic testing is in the range of 500 KHz to 20 MHz. Ultrasonic testing equipment is used in Oil and Gas, Power Generation, Aerospace and Defense, Automotive, and Fabrication industries. High accuracy, reliability, reproduction of output, material characterization, absence of potential health hazards, and lack of damage to the test material are some of the advantages of using ultrasonic testing equipment.

The Global Ultrasonic Testing (UT) Equipment market can be divided into the following three segments based on end-users: Oil and Gas, Power Generation, and Aerospace and Defense. This report covers the present scenario and the growth prospects of the Global Ultrasonic Testing Equipment market for the period 2014-2018. This report considers revenue generated from sales of ultrasonic testing equipment. It includes the entire range of ultrasonic testing equipment such as digital flaw detectors, phased array and time of flight diffraction technique equipment, thickness gauges, and test machines available in the global market.

This research, Global Ultrasonic Testing Equipment Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America, Europe, the APAC region, and the ROW; it also covers the Global Ultrasonic Testing Equipment market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Companies discussed in this UT equipment market report include GE Inspection Technologies, Olympus, Sonatest, Institut Dr. Foerster, Mistras Group, Modsonic, Sonotron and Technology Design. Order a copy of this report at http://www.sandlerresearch.org/purchase?rname=21400 .

Key questions that this UT equipment market report helps answer are: What will the UT equipment market size be in 2018 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?

List of Exhibits provided in Global UT Equipment Market 2014-2018 research report include: 

Exhibit 1: Market Research Methodology
Exhibit 2: Global UT Equipment Market 2013-2018 (US$ million)
Exhibit 3: Global UT Equipment Market by Product Segmentation
Exhibit 4: Global UT Equipment Market by Product Segmentation 2013-2018
Exhibit 5: Global Ultrasonic Thickness Gauge Market 2013-2018 (US$ million)
Exhibit 6: Global Digital Flaw Detector Equipment Market 2013-2018 (US$ million)
Exhibit 7: Global Phased Array Flaw Detector Market 2013-2018 (US$ million)
Exhibit 8: Global Test Machines Market 2013-2018 (US$ million)
Exhibit 9: Global UT Equipment Market by End-user Segmentation 2013-2018
Exhibit 10: Global UT Equipment Market in the Oil and Gas Industry 2013-2018 (US$ million)
Exhibit 11: Global UT Equipment Market in the Power Generation Industry 2013-2018 (US$ million)
Exhibit 12: Global UT Equipment Market in the Aerospace and Defense Industry 2013-2018 (US$ million)
Exhibit 13: Global UT Equipment Market by Geographical Segmentation 2013-2018 (US$ million)
Exhibit 14: UT Equipment Market in North America 2013-2018 (US$ million)
Exhibit 15: UT Equipment Market in Europe 2013-2018 (US$ million)
Exhibit 16: UT Equipment Market in the APAC Region 2013-2018 (US$ million)
Exhibit 17: UT Equipment Market in the ROW 2013-2018 (US$ million)

Analysts forecast the Ultrasonic Cleaning Equipment market in the US to grow at a CAGR of 6.12% over the period 2013-2018. One of the key factors contributing to this market growth is the increasing demand of ultrasonic cleaning equipment for medical devices. The Ultrasonic Cleaning Equipment market in the US has also been witnessing the steady replacement of conventional cleaning systems with ultrasonic cleaning equipment. However, the lack of effective product differentiation could pose a challenge to the growth of this market. Key vendors dominating this space are Blue Wave Ultrasonics Inc., L&R Manufacturing Co., Mettler Electronics Corp., and Sharpertek USA. Other vendors mentioned in the report are Crest Ultrasonics Corp., Emerson Electric Co., Guyson International Ltd., Ultrasonic Power Corp., and Ultrawave Precision Ultrasonic Cleaning Equipment. Read more at http://www.sandlerresearch.org/ultrasonic-cleaning-equipment-market-in-the-us-2014-2018.html .

Explore more reports on semiconductors and electronics market and others at http://www.sandlerresearch.org/.  

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