Ultrasonic Technologies Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019-2029, Segmented By Sales Type ; By Application ; By End-User Industry ; By Region

Description

Global Ultrasonic Technologies Market Size Booming to Touch USD 3.2 Billion by 2029.

Global ultrasonic technologies market is gaining traction because of the highly efficient in maintenance of systems and industrialization in emerging countries.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the global ultrasonic technologies market size at USD 1,619.67 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the global ultrasonic technologies market size to expand at an impressive CAGR of 10.2% reaching a value of USD 3,186.49 million by 2029. Expanding urbanization and the manufacturing industry are significant growth drivers for the global ultrasonic technologies market, particularly in developing countries, including India, China, and Brazil. Also, as a result of the ongoing growth in the oil & gas, chemical, healthcare, food & beverages, and automotive industries, manufacturers are considerably expanding their operations and driving the expansion of the industry as a whole.

Global Ultrasonic Technologies Market - Overview:

Ultrasonic technology is the technique of transmitting digital data utilizing barely audible and inaudible sound waves. Alternatively, it is referred to as ultrasonic data transfer. Ultrasonic applications are often divided into two categories: low-intensity ultrasonic (also known as non-destructive or high-frequency ultrasound) and high-intensity ultrasonic (called low-frequency or power ultrasound). They include the use of ultrasound for cleaning, the control of drills & saws, the diagnosis & treatment of different diseases, defect detection & navigation systems, industrial control systems, flaw detection & cleaning, and for a variety of metalworking operations.

Global Ultrasonic Technologies Market - By End-User Industry:

Based on end-user industry, the global ultrasonic technologies market is segmented into food & beverages, automotive, healthcare, and others. The healthcare segment accounts for the highest market share in the global ultrasonic technologies market by end-user industry. Ultrasonic technology is often used to examine internal organs, tendons, muscles, joints, and other subcutaneous body structures to look for any potential disease or abnormalities. The technology is also used as an ultrasonic cleaner. Medical institutions may maintain the cleanliness and sterility of their high-tech instruments and gadgets with the help of ultrasonic cleaners. Medical ultrasonic cleaners swiftly and efficiently remove impurities and particles off part surfaces using high-frequency sound waves.

Impact of COVID-19 on Global Ultrasonic Technologies Market

The global ultrasonic technologies market registered boisterous growth post the COVID-19 pandemic period. Offices and factories had to provide a setting that enforced social segregation among employees and safe work procedures to stop the COVID-19 pandemic from spreading. The need to precisely measure distances between employees is drawing attention to several options based on ultrasonic sensor technology. Because of their superior precision compared to other wireless technologies, such as Bluetooth and Ultra-Wideband (UWB), ultrasonic sensors are the wireless technology most suited to contact tracking and social distancing.

Competitive Landscape

Major players operating in the global ultrasonic technologies market include Advanced Sonics, LLC, Crest Ultrasonics Corp., DPR Ultrasonic Technologies, Emerson Electric Co. (Branson), International Ultrasonic Technologies, Mosca GmbH, MS Industrie AG, Sonotronic Nagel GmbH, Telsonic AG, and Ultrasonic Technologies, Inc. These companies employ various strategies to further enhance their market share, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Global Ultrasonic Technologies Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Global Ultrasonic Technologies Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC23209

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. Global Ultrasonic Technologies Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Highly Efficient in Maintenance of Systems
  - 3.2.1.2. Industrialization in Emerging Countries
- 3.2.2. Restraints
  - 3.2.2.1. High Initial Investment
- 3.2.3. Opportunities
  - 3.2.3.1. Introduction of IoT
- 3.2.4. Challenges
  - 3.2.4.1. Impact on Supply Chain Due to Covid
3.3. Technology Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. Global Ultrasonic Technologies Market Overview

4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Million)
4.2. Market Share & Forecast
- 4.2.1. By Sales Type
  - 4.2.1.1. New Equipment Sales
  - 4.2.1.2. Aftermarket Sales
- 4.2.2. By Application
  - 4.2.2.1. Welding
  - 4.2.2.2. Cleaning
  - 4.2.2.3. Inspections
  - 4.2.2.4. Others
- 4.2.3. By End-User Industry
  - 4.2.3.1. Food & Beverage
  - 4.2.3.2. Automotive
  - 4.2.3.3. Healthcare
  - 4.2.3.4. Others
- 4.2.4. By Region
  - 4.2.4.1. North America
  - 4.2.4.2. Europe
  - 4.2.4.3. Asia Pacific (APAC)
  - 4.2.4.4. Latin America (LATAM)
  - 4.2.4.5. Middle East and Africa (MEA)

5. North America Ultrasonic Technologies Market

5.1. Market Size & Forecast, 2019-2029
- 5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
- 5.2.1. By Sales Type
- 5.2.2. By Application
- 5.2.3. By End-User Industry
- 5.2.4. By Country
  - 5.2.4.1. United States
  - 5.2.4.1.1. By Sales Type
  - 5.2.4.1.2. By Application
  - 5.2.4.1.3. By End-User Industry
  - 5.2.4.2. Canada
  - 5.2.4.2.1. By Sales Type
  - 5.2.4.2.2. By Application
  - 5.2.4.2.3. By End-User Industry

6. Europe Ultrasonic Technologies Market

6.1. Market Size & Forecast, 2019-2029
- 6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
- 6.2.1. By Sales Type
- 6.2.2. By Application
- 6.2.3. By End-User Industry
- 6.2.4. By Country
  - 6.2.4.1. Germany
  - 6.2.4.1.1. By Sales Type
  - 6.2.4.1.2. By Application
  - 6.2.4.1.3. By End-User Industry
  - 6.2.4.2. United Kingdom
  - 6.2.4.2.1. By Sales Type
  - 6.2.4.2.2. By Application
  - 6.2.4.2.3. By End-User Industry
  - 6.2.4.3. Italy
  - 6.2.4.3.1. By Sales Type
  - 6.2.4.3.2. By Application
  - 6.2.4.3.3. By End-User Industry
  - 6.2.4.4. France
  - 6.2.4.4.1. By Sales Type
  - 6.2.4.4.2. By Application
  - 6.2.4.4.3. By End-User Industry
  - 6.2.4.5. Spain
  - 6.2.4.5.1. By Sales Type
  - 6.2.4.5.2. By Application
  - 6.2.4.5.3. By End-User Industry
  - 6.2.4.6. Belgium
  - 6.2.4.6.1. By Sales Type
  - 6.2.4.6.2. By Application
  - 6.2.4.6.3. By End-User Industry
  - 6.2.4.7. Russia
  - 6.2.4.7.1. By Sales Type
  - 6.2.4.7.2. By Application
  - 6.2.4.7.3. By End-User Industry
  - 6.2.4.8. The Netherlands
  - 6.2.4.8.1. By Sales Type
  - 6.2.4.8.2. By Application
  - 6.2.4.8.3. By End-User Industry
  - 6.2.4.9. Rest of Europe
  - 6.2.4.9.1. By Sales Type
  - 6.2.4.9.2. By Application
  - 6.2.4.9.3. By End-User Industry

7. Asia-Pacific Ultrasonic Technologies Market

7.1. Market Size & Forecast, 2019-2029
- 7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
- 7.2.1. By Sales Type
- 7.2.2. By Application
- 7.2.3. By End-User Industry
- 7.2.4. By Country
  - 7.2.4.1. China
  - 7.2.4.1.1. By Sales Type
  - 7.2.4.1.2. By Application
  - 7.2.4.1.3. By End-User Industry
  - 7.2.4.2. India
  - 7.2.4.2.1. By Sales Type
  - 7.2.4.2.2. By Application
  - 7.2.4.2.3. By End-User Industry
  - 7.2.4.3. Japan
  - 7.2.4.3.1. By Sales Type
  - 7.2.4.3.2. By Application
  - 7.2.4.3.3. By End-User Industry
  - 7.2.4.4. South Korea
  - 7.2.4.4.1. By Sales Type
  - 7.2.4.4.2. By Application
  - 7.2.4.4.3. By End-User Industry
  - 7.2.4.5. Australia & New Zealand
  - 7.2.4.5.1. By Sales Type
  - 7.2.4.5.2. By Application
  - 7.2.4.5.3. By End-User Industry
  - 7.2.4.6. Indonesia
  - 7.2.4.6.1. By Sales Type
  - 7.2.4.6.2. By Application
  - 7.2.4.6.3. By End-User Industry
  - 7.2.4.7. Malaysia
  - 7.2.4.7.1. By Sales Type
  - 7.2.4.7.2. By Application
  - 7.2.4.7.3. By End-User Industry
  - 7.2.4.8. Singapore
  - 7.2.4.8.1. By Sales Type
  - 7.2.4.8.2. By Application
  - 7.2.4.8.3. By End-User Industry
  - 7.2.4.9. Vietnam
  - 7.2.4.9.1. By Sales Type
  - 7.2.4.9.2. By Application
  - 7.2.4.9.3. By End-User Industry
  - 7.2.4.10. Rest of APAC
  - 7.2.4.10.1. By Sales Type
  - 7.2.4.10.2. By Application
  - 7.2.4.10.3. By End-User Industry

8. Latin America Ultrasonic Technologies Market

8.1. Market Size & Forecast, 2019-2029
- 8.1.1. By Value (USD Million)
8.2. Market Share & Forecast
- 8.2.1. By Sales Type
- 8.2.2. By Application
- 8.2.3. By End-User Industry
- 8.2.4. By Country
  - 8.2.4.1. Brazil
  - 8.2.4.1.1. By Sales Type
  - 8.2.4.1.2. By Application
  - 8.2.4.1.3. By End-User Industry
  - 8.2.4.2. Mexico
  - 8.2.4.2.1. By Sales Type
  - 8.2.4.2.2. By Application
  - 8.2.4.2.3. By End-User Industry
  - 8.2.4.3. Argentina
  - 8.2.4.3.1. By Sales Type
  - 8.2.4.3.2. By Application
  - 8.2.4.3.3. By End-User Industry
  - 8.2.4.4. Peru
  - 8.2.4.4.1. By Sales Type
  - 8.2.4.4.2. By Application
  - 8.2.4.4.3. By End-User Industry
  - 8.2.4.5. Rest of LATAM
  - 8.2.4.5.1. By Sales Type
  - 8.2.4.5.2. By Application
  - 8.2.4.5.3. By End-User Industry

9. Middle East & Africa Ultrasonic Technologies Market

9.1. Market Size & Forecast, 2019-2029
- 9.1.1. By Value (USD Million)
9.2. Market Share & Forecast
- 9.2.1. By Sales Type
- 9.2.2. By Application
- 9.2.3. By End-User Industry
- 9.2.4. By Country
  - 9.2.4.1. Saudi Arabia
  - 9.2.4.1.1. By Sales Type
  - 9.2.4.1.2. By Application
  - 9.2.4.1.3. By End-User Industry
  - 9.2.4.2. UAE
  - 9.2.4.2.1. By Sales Type
  - 9.2.4.2.2. By Application
  - 9.2.4.2.3. By End-User Industry
  - 9.2.4.3. Qatar
  - 9.2.4.3.1. By Sales Type
  - 9.2.4.3.2. By Application
  - 9.2.4.3.3. By End-User Industry
  - 9.2.4.4. Kuwait
  - 9.2.4.4.1. By Sales Type
  - 9.2.4.4.2. By Application
  - 9.2.4.4.3. By End-User Industry
  - 9.2.4.5. South Africa
  - 9.2.4.5.1. By Sales Type
  - 9.2.4.5.2. By Application
  - 9.2.4.5.3. By End-User Industry
  - 9.2.4.6. Nigeria
  - 9.2.4.6.1. By Sales Type
  - 9.2.4.6.2. By Application
  - 9.2.4.6.3. By End-User Industry
  - 9.2.4.7. Algeria
  - 9.2.4.7.1. By Sales Type
  - 9.2.4.7.2. By Application
  - 9.2.4.7.3. By End-User Industry
  - 9.2.4.8. Rest of MEA
  - 9.2.4.8.1. By Sales Type
  - 9.2.4.8.2. By Application
  - 9.2.4.8.3. By End-User Industry

10. Competitive Landscape

10.1. List of Key Players and Their Offerings
10.2. Global Ultrasonic Technologies Company Market Share Analysis, 2022
10.3. Competitive Benchmarking, By Operating Parameters
10.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)

11. Impact of Covid-19 on Global Ultrasonic Technologies Market

12. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)

12.1. Advanced Sonics, LLC
12.2. Crest Ultrasonics Corp.
12.3. DPR Ultrasonic Technologies
12.4. Emerson Electric Co. (Branson)
12.5. International Ultrasonic Technologies
12.6. Mosca GmbH
12.7. MS Industrie AG
12.8. Sonotronic Nagel GmbH
12.9. Telsonic AG
12.10. Ultrasonic Technologies, Inc.
12.11. Other Prominent Players

13. Key Strategic Recommendations

14. Research Methodology

14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
14.2. Quantitative Research
14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
14.4. Breakdown of Primary Research Respondents, By Region
14.5. Assumptions & Limitations