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Acoustic Emission Equipment Market by Product Type (AE Systems, Hand-held Systems, and Standalone Systems), Technique (Multiple Channel Source Location Technique, Linear Source Technique, Zonal Source Technique, and Point Source Technique), and End User (EPC, Transportation, Aerospace & Defense, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2027

A06648
Pages: 245
Jul 2020 | 72 Views
 
Author(s) : Ruchal Humbare , Vineet Kumar
Tables: 110
Charts: 64
 

COVID-19

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The global acoustic emission equipment market was valued at $108.0 million in 2019, and is projected to reach $130.8 million by 2027, registering a CAGR of 3.2% from 2020 to 2027. 

Acoustic emission testing is one of the types of non-destructive testing (NDT) method. This method is used to analyze emitted sound waves caused by discontinuities, voids, or defects. It evaluates the elasticity of acoustic waves caused by discontinuities within the specimen. Typically, acoustic emission waves are detected by high-sensitivity piezoelectric sensors within frequency responses from 20 kHz to 1 MHz, followed by amplifiers, filters, and data acquisition devices. Acoustic emission offers explicit opportunity to monitor infrastructure components in real time, detecting sudden changes in the integrity of monitored component. Applications of acoustic emission on structures include pressure vessels, wind turbines, gas wells, high-pressure pipelines, fire bottles, nuclear weapons, and solar collectors.

Acoustic-Emission-Equipment-Market-2020-2027

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The acoustic emission equipment market is expected to witness growth during the forecast period due to infrastructural growth in the developing countries and the aging infrastructures of the developed countries. The market for the acoustic emission equipment is expected to be driven by increase in standards of quality in the manufacturing sector. Moreover, emergence of big data analytics and artificial intelligence is estimated to revolutionize the acoustic emission testing method. It can enhance the continuous monitoring of infrastructure such as high-pressure pipelines. Considering these factors, it is estimated that the acoustic emission equipment market experiences steady growth in the near future.

The factors such as increase in the demand for aircrafts and rise in investment in research activities in the acoustic emission are some of the other drivers for the acoustic emission equipment market growth. However, seasonality of inspection in the prominent application of acoustic emission testing act as a major restraint, which can hinder the acoustic emission equipment market growth. Furthermore, technological advancement in both hardware and software of acoustic emission equipment provides lucrative opportunities for the acoustic emission equipment market. 

The emergence of COVID-19 has declined the growth rate of acoustic emission equipment market in 2020, and is estimated witness slow growth by the end of 2021. Implementation of partial or complete lockdown across various countries globally is the prime reason for this decline in the growth rate. However, companies are committed to serve its customers by abiding the rules and regulations laid by government in the respective regions.

The global acoustic emission equipment market is analyzed by product type, technique, end user, and region. Based on type, it is fragmented into AE systems, hand-held systems, and standalone sensors. The AE systems segment dominated the acoustic emission equipment market in terms of revenue in 2019, and is expected to follow the same trend during the forecast period. On the basis of technique, the market is segregated into multiple channel source location technique, linear location technique, zonal location technique, and point location technique. The linear location technique segment accounted for the highest market share in 2019, and the multiple channel source location technique segment is expected to grow at a high CAGR from 2019 to 2027. By end user, the market is divided into EPC, transportation, aerospace & defense, and others. The EPC segment is further sub-segmented into construction, oil & gas, and power plants. The global acoustic emission equipment market is dominated by the EPC end users segment in terms of value. 

Based on region, the global acoustic emission equipment market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, and rest of Europe), Asia-Pacific (China, India, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).  North America accounted for the highest share, owing to significant number of aged infrastructures that are at risk. According to Zurich American Insurance Company, the aging and unreliable infrastructures in the U.S. are estimated to cost American businesses $1.2 trillion by the end of 2020. Recently, U.S. infrastructure was rated a D+. Europe was the second largest contributor in terms of revenue and is expected to witness significant growth during the forecast period, owing to significant investments from the governments’ of countries to meet the future infrastructural needs. 

Acoustic Emission Equipment Market
By Product Type

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Hand-held systems segment is projected as one of the most lucrative segments.

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Top Impacting Factors

The significant impacting factors in the acoustic emission equipment market include aging infrastructure, growing investments in smart infrastructure, increasing need for next-generation power plants, and intense competition among companies. However, slow technological development of equipment is expected to hinder the market growth. Conversely, emergence of big data analytics is projected to offer remunerative opportunities to the acoustic emission equipment market. Each of these factors is anticipated to have a definite impact on the market during the forecast period.

Acoustic Emission Equipment Market
By End User

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EPC segment is expected to secure leading position during forecast period.

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Competition Analysis

Competitive analysis and profiles of the major acoustic emission equipment market players such as Acoustic Monitoring International, Inc., Campbell Scientific, Inc., Dodson Technical Services, Inc., Mistras Group, Inc., Parker-Hannifin Corporation, Schmitt Europe Ltd., Score Atlanta Inc., Siemens AG, Vallen Systeme GmbH, and Wabtec Corporation are provided in this report. 

Acoustic Emission Equipment Market
By Geography

2027
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific region would exhibit the highest CAGR of 4.9% during 2020-2027

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Key Benefits For Stakeholders

  • This study comprises analytical depiction of the global acoustic emission equipment market size along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall acoustic emission equipment market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current acoustic emission equipment market forecast is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the acoustic emission equipment market.
  • The report includes the acoustic emission equipment market share of key vendors and industry trends.

Key Market Segments

By Product Type

  • AE Systems
  • Hand-held Systems
  • Standalone Sensors

By Technique

  • Multiple Channel Location Source Technique
  • Linear Source Technique
  • Zonal Source Technique
  • Point Source Technique

By End User

  • EPC
  • Construction
  • Oil & Gas
  • Power Plants 
  • Transportation
  • Aerospace & Defense
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China 
    • India
    • Japan
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East 
    • Africa

Key Players

  • Acoustic Monitoring International, Inc. 
  • Campbell Scientific, Inc. 
  • Dodson Technical Services, Inc. 
  • Mistras Group, Inc. 
  • Parker-Hannifin Corporation 
  • Schmitt Europe Ltd. 
  • Score Atlanta Inc. 
  • Siemens AG 
  • Vallen Systeme GmbH 
  • Wabtec Corporation      
 

Chapter 1:Introduction

1.1.Report description 
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

Chapter 2:Executive summary

2.1.Key findings

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO perspective

Chapter 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Parent/Peer Market Overview
3.3.Porter’s five forces analysis
3.4.Market Evolution/ Industry Roadmap
3.5.Value Chain Analysis
3.6.Patent analysis

3.6.1.By region (2017-2019)
3.6.2.By applicant

3.7.Market dynamics

3.7.1.Drivers

3.7.1.1.Aging infrastructure is a key driver for acoustic emission equipment market
3.7.1.2.Increase in network densification
3.7.1.3.Increasing standards of quality in developing countries
3.7.1.4.Increasing number of new infrastructural projects

3.7.2.Restraints

3.7.2.1.Commercial acoustic emission testing lacks quantitative analysis
3.7.2.2.Weak signals in noisy operating environments

3.7.3.Opportunity

3.7.3.1.Increase in investments in smart cities
3.7.3.2.Big data analytics offers lucrative opportunities

3.8.COVID Impact

3.8.1.Impact on market size
3.8.2.End user trends, preferences, and budget impact
3.8.3.Key player strategies to tackle negative impact

Chapter 4:acoustic emission equipment Market, By product type

4.1.Overview
4.2.AE systems

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Hand-held Systems

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.Standalone Sensors

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

Chapter 5:acoustic emission equipment Market, BY technique

5.1.Overview
5.2.Multiple Channel Source Location Technique

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Linear Location Technique

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.Zonal Location Technique

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

5.5.Point Location Technique

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis, by country

Chapter 6:acoustic emission equipment Market, BY End User

6.1.Overview
6.2.EPC (Engineering Procurement Construction)

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country
6.2.4.EPC, by Construction
6.2.5.EPC, by Oil & Gas
6.2.6.EPC, by Power Plants

6.3.Transportation

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

6.4.Aerospace & Defense

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

6.5.Others

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market analysis, by country

Chapter 7:acoustic emission equipment Market, BY Region

7.1.Overview
7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by product type
7.2.3.Market size and forecast, by Technique
7.2.4.Market size and forecast, by End User
7.2.5.Market analysis, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by product type
7.2.5.1.2.Market size and forecast, by Technique
7.2.5.1.3.Market size and forecast, by End User

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, by product type
7.2.5.2.2.Market size and forecast, by Technique
7.2.5.2.3.Market size and forecast, by End User

7.2.5.3.Mexico

7.2.5.3.1.Market size and forecast, by product type
7.2.5.3.2.Market size and forecast, by Technique
7.2.5.3.3.Market size and forecast, by End User

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by product type
7.3.3.Market size and forecast, by Technique
7.3.4.Market size and forecast, by End User
7.3.5.Market analysis, by country

7.3.5.1.UK

7.3.5.1.1.Market size and forecast, by product type
7.3.5.1.2.Market size and forecast, by Technique
7.3.5.1.3.Market size and forecast, by End User

7.3.5.2.Germany

7.3.5.2.1.Market size and forecast, by product type
7.3.5.2.2.Market size and forecast, by Technique
7.3.5.2.3.Market size and forecast, by End User

7.3.5.3.France

7.3.5.3.1.Market size and forecast, by product type
7.3.5.3.2.Market size and forecast, by Technique
7.3.5.3.3.Market size and forecast, by End User

7.3.5.4.Rest of Europe

7.3.5.4.1.Market size and forecast, by product type
7.3.5.4.2.Market size and forecast, by Technique
7.3.5.4.3.Market size and forecast, by End User

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by product type
7.4.3.Market size and forecast, by Technique
7.4.4.Market size and forecast, by End User
7.4.5.Market analysis, by country

7.4.5.1.China

7.4.5.1.1.Market size and forecast, by product type
7.4.5.1.2.Market size and forecast, by Technique
7.4.5.1.3.Market size and forecast, by End User

7.4.5.2.Japan

7.4.5.2.1.Market size and forecast, by product type
7.4.5.2.2.Market size and forecast, by Technique
7.4.5.2.3.Market size and forecast, by End User

7.4.5.3.India

7.4.5.3.1.Market size and forecast, by product type
7.4.5.3.2.Market size and forecast, by Technique
7.4.5.3.3.Market size and forecast, by End User

7.4.5.4.Rest of Asia-Pacific

7.4.5.4.1.Market size and forecast, by product type
7.4.5.4.2.Market size and forecast, by Technique
7.4.5.4.3.Market size and forecast, by End User

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by product type
7.5.3.Market size and forecast, by Technique
7.5.4.Market size and forecast, by End User
7.5.5.Market analysis, by country

7.5.5.1.Latin America

7.5.5.1.1.Market size and forecast, by product type
7.5.5.1.2.Market size and forecast, by Technique
7.5.5.1.3.Market size and forecast, by End User

7.5.5.2.Middle East

7.5.5.2.1.Market size and forecast, by product type
7.5.5.2.2.Market size and forecast, by Technique
7.5.5.2.3.Market size and forecast, by End User

7.5.5.3.Africa

7.5.5.3.1.Market size and forecast, by product type
7.5.5.3.2.Market size and forecast, by Technique
7.5.5.3.3.Market size and forecast, by End User

Chapter 8:COMPETITIVE LANDSCAPE

8.1.INTRODUCTION

8.1.1.MARKET PLAYER POSITIONING, 2019

8.2.PRODUCT MAPPING OF TOP 10 PLAYER
8.3.COMPETITIVE DASHBOARD
8.4.COMPETITIVE HEATMAP
8.5.KEY DEVELOPMENTS

8.5.1.New Product Launches
8.5.2.Mergers and Acquisitions
8.5.3.Other Developments

Chapter 9:COMPANY PROFILES

9.1.ACOUSTIC MONITORING INTERNATIONAL, INC.

9.1.1.Company overview
9.1.2.Key Executives
9.1.3.Company snapshot
9.1.4.Operating business segments
9.1.5.Product portfolio

9.2.CAMPBELL SCIENTIFIC, INC.

9.2.1.Company overview
9.2.2.Key Executives
9.2.3.Company snapshot
9.2.4.Operating business segments
9.2.5.Product portfolio

9.3.DODSON TECHNICAL SERVICES, INC.

9.3.1.Company overview
9.3.2.Key Executives
9.3.3.Company snapshot
9.3.4.Operating business segments
9.3.5.Product portfolio

9.4.MISTRAS GROUP, INC.

9.4.1.Company overview
9.4.2.Key Executives
9.4.3.Company snapshot
9.4.4.Operating business segments
9.4.5.Product portfolio
9.4.6.R&D Expenditure
9.4.7.Business performance
9.4.8.Key strategic moves and developments

9.5.PARKER-HANNIFIN CORPORATION

9.5.1.Company overview
9.5.2.Key Executives
9.5.3.Company snapshot
9.5.4.Operating business segments
9.5.5.Product portfolio
9.5.6.R&D Expenditure
9.5.7.Business performance
9.5.8.Key strategic moves and developments

9.6.SCHMITT EUROPE, LTD.

9.6.1.Company overview
9.6.2.Key Executives
9.6.3.Company snapshot
9.6.4.Operating business segments
9.6.5.Product portfolio

9.7.SCORE ATLANTA INC.

9.7.1.Company overview
9.7.2.Key Executives
9.7.3.Company snapshot
9.7.4.Product portfolio

9.8.SIEMENS AG

9.8.1.Company overview
9.8.2.Key Executives
9.8.3.Company snapshot
9.8.4.Operating business segments
9.8.5.Product portfolio
9.8.6.R&D Expenditure
9.8.7.Business performance
9.8.8.Key strategic moves and developments

9.9.VALLEN SYSTEME GMBH

9.9.1.Company overview
9.9.2.Key Executives
9.9.3.Company snapshot
9.9.4.Operating business segments
9.9.5.Product portfolio

9.10.WABTEC CORPORATION

9.10.1.Company overview
9.10.2.Key Executives
9.10.3.Company snapshot
9.10.4.Operating business segments
9.10.5.Product portfolio
9.10.6.Business performance

LIST OF TABLES

TABLE 01.AE SYSTEMS ACOUSTIC EMISSION EQUIPMENT MARKET, BY REGION, 2019-2027 ($MILLION)
TABLE 02.HAND-HELD SYSTEMS ACOUSTIC EMISSION EQUIPMENT MARKET, BY REGION 2019-2027 ($MILLION)
TABLE 03.STANDALONE SENSORS ACOUSTIC EMISSION EQUIPMENT MARKET, BY REGION 2019-2027 ($MILLION)
TABLE 04.GLOBAL ACOUSTIC EMISSION EQUIPMENT MARKET, BY TECHNIQUE, 2019-2027($MILLION)
TABLE 05.ACOUSTIC EMISSION EQUIPMENT MARKET FOR MULTIPLE CHANNEL SOURCE LOCATION TECHNIQUE, BY REGION 2019-2027 ($MILLION)
TABLE 06.ACOUSTIC EMISSION EQUIPMENT MARKET FOR LINEAR LOCATION TECHNIQUE, BY REGION 2019-2027 ($MILLION)
TABLE 07.ACOUSTIC EMISSION EQUIPMENT MARKET FOR ZONAL LOCATION TECHNIQUE, BY REGION 2019-2027 ($MILLION)
TABLE 08.ACOUSTIC EMISSION EQUIPMENT MARKET FOR POINT LOCATION TECHNIQUE, BY REGION 2019-2027 ($MILLION)
TABLE 09.GLOBAL ACOUSTIC EMISSION EQUIPMENT MARKET, BY END USER, 2019-2027($MILLION)
TABLE 10.ACOUSTIC EMISSION EQUIPMENT MARKET FOR EPC, BY REGION 2019-2027 ($MILLION)
TABLE 11.ACOUSTIC EMISSION EQUIPMENT MARKET FOR TRANSPORTATION, BY REGION 2019-2027 ($MILLION)
TABLE 12.ACOUSTIC EMISSION EQUIPMENT MARKET FOR AEROSPACE & DEFENSE, BY REGION 2019-2027 ($MILLION)
TABLE 13.ACOUSTIC EMISSION EQUIPMENT MARKET FOR OTHERS, BY REGION 2019-2027 ($MILLION)
TABLE 14.ACOUSTIC EMISSION EQUIPMENT MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 15.NORTH AMERICA ACOUSTIC EMISSION EQUIPMENT MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 16.NORTH AMERICA ACOUSTIC EMISSION EQUIPMENT MARKET, BY TECHNIQUE, 2019–2027 ($MILLION)
TABLE 17.NORTH AMERICA ACOUSTIC EMISSION EQUIPMENT MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 18.U.S. ACOUSTIC EMISSION EQUIPMENT MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 19.U.S. ACOUSTIC EMISSION EQUIPMENT MARKET, BY TECHNIQUE, 2019–2027 ($MILLION)
TABLE 20.U.S. ACOUSTIC EMISSION EQUIPMENT MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 21.CANADA ACOUSTIC EMISSION EQUIPMENT MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 22.CANADA ACOUSTIC EMISSION EQUIPMENT MARKET, BY TECHNIQUE, 2019–2027 ($MILLION)
TABLE 23.CANADA ACOUSTIC EMISSION EQUIPMENT MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 24.MEXICO ACOUSTIC EMISSION EQUIPMENT MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 25.MEXICO ACOUSTIC EMISSION EQUIPMENT MARKET, BY TECHNIQUE, 2019–2027 ($MILLION)
TABLE 26.MEXICO ACOUSTIC EMISSION EQUIPMENT MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 27.EUROPE ACOUSTIC EMISSION EQUIPMENT MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 28.EUROPE ACOUSTIC EMISSION EQUIPMENT MARKET, BY TECHNIQUE, 2019–2027 ($MILLION)
TABLE 29.EUROPE ACOUSTIC EMISSION EQUIPMENT MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 30.UK ACOUSTIC EMISSION EQUIPMENT MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 31.UK ACOUSTIC EMISSION EQUIPMENT MARKET, BY TECHNIQUE, 2019–2027 ($MILLION)
TABLE 32.UK ACOUSTIC EMISSION EQUIPMENT MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 33.GERMANY ACOUSTIC EMISSION EQUIPMENT MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 34.GERMANY ACOUSTIC EMISSION EQUIPMENT MARKET, BY TECHNIQUE, 2019–2027 ($MILLION)
TABLE 35.GERMANY ACOUSTIC EMISSION EQUIPMENT MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 36.FRANCE ACOUSTIC EMISSION EQUIPMENT MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 37.FRANCE ACOUSTIC EMISSION EQUIPMENT MARKET, BY TECHNIQUE, 2019–2027 ($MILLION)
TABLE 38.FRANCE ACOUSTIC EMISSION EQUIPMENT MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 39.REST OF EUROPE ACOUSTIC EMISSION EQUIPMENT MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 40.REST OF EUROPE ACOUSTIC EMISSION EQUIPMENT MARKET, BY TECHNIQUE, 2019–2027 ($MILLION)
TABLE 41.REST OF EUROPE ACOUSTIC EMISSION EQUIPMENT MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 42.ASIA-PACIFIC ACOUSTIC EMISSION EQUIPMENT MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 43.ASIA-PACIFIC ACOUSTIC EMISSION EQUIPMENT MARKET, BY TECHNIQUE, 2019–2027 ($MILLION)
TABLE 44.ASIA-PACIFIC ACOUSTIC EMISSION EQUIPMENT MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 45.CHINA ACOUSTIC EMISSION EQUIPMENT MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 46.CHINA ACOUSTIC EMISSION EQUIPMENT MARKET, BY TECHNIQUE, 2019–2027 ($MILLION)
TABLE 47.CHINA ACOUSTIC EMISSION EQUIPMENT MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 48.JAPAN ACOUSTIC EMISSION EQUIPMENT MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 49.JAPAN ACOUSTIC EMISSION EQUIPMENT MARKET, BY TECHNIQUE, 2019–2027 ($MILLION)
TABLE 50.JAPAN ACOUSTIC EMISSION EQUIPMENT MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 51.INDIA ACOUSTIC EMISSION EQUIPMENT MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 52.INDIA ACOUSTIC EMISSION EQUIPMENT MARKET, BY TECHNIQUE, 2019–2027 ($MILLION)
TABLE 53.INDIA ACOUSTIC EMISSION EQUIPMENT MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 54.REST OF ASIA-PACIFIC ACOUSTIC EMISSION EQUIPMENT MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 55.REST OF ASIA-PACIFIC ACOUSTIC EMISSION EQUIPMENT MARKET, BY TECHNIQUE, 2019–2027 ($MILLION)
TABLE 56.REST OF ASIA-PACIFIC ACOUSTIC EMISSION EQUIPMENT MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 57.LAMEA ACOUSTIC EMISSION EQUIPMENT MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 58.LAMEA ACOUSTIC EMISSION EQUIPMENT MARKET, BY TECHNIQUE, 2019–2027 ($MILLION)
TABLE 59.LAMEA ACOUSTIC EMISSION EQUIPMENT MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 60.LATIN AMERICA ACOUSTIC EMISSION EQUIPMENT MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 61.LATIN AMERICA ACOUSTIC EMISSION EQUIPMENT MARKET, BY TECHNIQUE, 2019–2027 ($MILLION)
TABLE 62.LATIN AMERICA ACOUSTIC EMISSION EQUIPMENT MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 63.MIDDLE EAST ACOUSTIC EMISSION EQUIPMENT MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 64.MIDDLE EAST ACOUSTIC EMISSION EQUIPMENT MARKET, BY TECHNIQUE, 2019–2027 ($MILLION)
TABLE 65.MIDDLE EAST ACOUSTIC EMISSION EQUIPMENT MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 66.AFRICA ACOUSTIC EMISSION EQUIPMENT MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 67.AFRICA ACOUSTIC EMISSION EQUIPMENT MARKET, BY TECHNIQUE, 2019–2027 ($MILLION)
TABLE 68.AFRICA ACOUSTIC EMISSION EQUIPMENT MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 69.KEY NEW PRODUCT LAUNCHES (2017-2019)
TABLE 70.KEY EXPANSIONS (2017-2019)
TABLE 71.OTHER DEVELOPMENTS (2017 – 2019)
TABLE 72.KEY EXECUTIVES
TABLE 73.ACOUSTIC MONITORING INTERNATIONAL, INC.: COMPANY SNAPSHOT
TABLE 74.ACOUSTIC MONITORING INTERNATIONAL, INC.: OPERATING SEGMENTS
TABLE 75.ACOUSTIC MONITORING INTERNATIONAL, INC.: PRODUCT PORTFOLIO
TABLE 76.KEY EXECUTIVES
TABLE 77.CAMPBELL SCIENTIFIC, INC.: COMPANY SNAPSHOT
TABLE 78.CAMPBELL SCIENTIFIC, INC.: OPERATING SEGMENTS
TABLE 79.CAMPBELL SCIENTIFIC, INC.: PRODUCT PORTFOLIO
TABLE 80.KEY EXECUTIVES
TABLE 81.DODSON TECHNICAL SERVICES, INC.: COMPANY SNAPSHOT
TABLE 82.DODSON TECHNICAL SERVICES, INC.: OPERATING SEGMENTS
TABLE 83.DODSON TECHNICAL SERVICES, INC.: PRODUCT PORTFOLIO
TABLE 84.KEY EXECUTIVES
TABLE 85.MISTRAS GROUP, INC.: COMPANY SNAPSHOT
TABLE 86.MISTRAS GROUP, INC.: OPERATING SEGMENTS
TABLE 87.MISTRAS GROUP, INC.: PRODUCT PORTFOLIO
TABLE 88.KEY EXECUTIVES
TABLE 89.PARKER-HANNIFIN CORPORATION: COMPANY SNAPSHOT
TABLE 90.PARKER-HANNIFIN CORPORATION: OPERATING SEGMENTS
TABLE 91.PARKER-HANNIFIN CORPORATION: PRODUCT PORTFOLIO
TABLE 92.KEY EXECUTIVES
TABLE 93.SCHMITT EUROPE, LTD.: COMPANY SNAPSHOT
TABLE 94.SCHMITT EUROPE, LTD.: OPERATING SEGMENTS
TABLE 95.SCHMITT EUROPE, LTD.: PRODUCT PORTFOLIO
TABLE 96.KEY EXECUTIVES
TABLE 97.SCORE ATLANTA INC.: COMPANY SNAPSHOT
TABLE 98.SCORE ATLANTA INC.: PRODUCT PORTFOLIO
TABLE 99.KEY EXECUTIVES
TABLE 100.SIEMENS AG: COMPANY SNAPSHOT
TABLE 101.SIEMENS AG: OPERATING SEGMENTS
TABLE 102.SIEMENS AG: PRODUCT PORTFOLIO
TABLE 103.KEY EXECUTIVES
TABLE 104.VALLEN SYSTEME GMBH: COMPANY SNAPSHOT
TABLE 105.VALLEN SYSTEME GMBH: OPERATING SEGMENTS
TABLE 106.VALLEN SYSTEME GMBH: PRODUCT PORTFOLIO
TABLE 107.KEY EXECUTIVES
TABLE 108.WABTEC CORPORATION: COMPANY SNAPSHOT
TABLE 109.WABTEC CORPORATION: OPERATING SEGMENTS
TABLE 110.WABTEC CORPORATION: PRODUCT PORTFOLIO
 
LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY, BY SEGMENTATION
FIGURE 03.EXECUTIVE SUMMARY, BY REGION
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.MODERATE TO HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 07.LOW THREAT OF NEW ENTRANTS
FIGURE 08.LOW THREAT OF SUBSTITUTES
FIGURE 09.MODERATE INTENSITY OF RIVALRY
FIGURE 10.MODERATE BARGAINING POWER OF BUYERS
FIGURE 11.PATENT ANALYSIS, BY COUNTRY
FIGURE 12.PATENT ANALYSIS, BY APPLICANT
FIGURE 13.GLOBAL ACOUSTIC EMISSION EQUIPMENT MARKET SHARE, BY PRODUCT TYPE, 2019–2027 (%)
FIGURE 14.GLOBAL ACOUSTIC EMISSION EQUIPMENT MARKET, BY PRODUCT TYPE, 2019-2027 ($MILLION)
FIGURE 15.COMPARATIVE SHARE ANALYSIS AE SYSTEMS ACOUSTIC EMISSION EQUIPMENT MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS HAND-HELD SYSTEMS ACOUSTIC EMISSION EQUIPMENT MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS STANDALONE SENSORS ACOUSTIC EMISSION EQUIPMENT MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 18.GLOBAL ACOUSTIC EMISSION EQUIPMENT MARKET SHARE, BY TECHNIQUE, 2019–2027 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF ACOUSTIC EMISSION EQUIPMENT MARKET FOR MULTIPLE CHANNEL SOURCE LOCATION TECHNIQUE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF ACOUSTIC EMISSION EQUIPMENT MARKET FOR LINEAR LOCATION TECHNIQUE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF ACOUSTIC EMISSION EQUIPMENT MARKET FOR ZONAL LOCATION TECHNIQUE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF ACOUSTIC EMISSION EQUIPMENT MARKET FOR POINT LOCATION TECHNIQUE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 23.GLOBAL ACOUSTIC EMISSION EQUIPMENT MARKET SHARE, BY END USER, 2019–2027 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF ACOUSTIC EMISSION EQUIPMENT MARKET FOR EPC, BY COUNTRY, 2019 & 2027 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF ACOUSTIC EMISSION EQUIPMENT MARKET FOR TRANSPORTATION, BY COUNTRY, 2019 & 2027 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF ACOUSTIC EMISSION EQUIPMENT MARKET FOR AEROSPACE & DEFENSE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF ACOUSTIC EMISSION EQUIPMENT MARKET FOR OTHERS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 28.ACOUSTIC EMISSION EQUIPMENT MARKET, BY REGION, 2019-2027 (%)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA ACOUSTIC EMISSION EQUIPMENT MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 30.U.S. ACOUSTIC EMISSION EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 31.CANADA ACOUSTIC EMISSION EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 32.MEXICO ACOUSTIC EMISSION EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 33.COMPARATIVE SHARE ANALYSIS OF EUROPE ACOUSTIC EMISSION EQUIPMENT MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 34.UK ACOUSTIC EMISSION EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 35.GERMANY ACOUSTIC EMISSION EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 36.FRANCE ACOUSTIC EMISSION EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 37.REST OF EUROPE ACOUSTIC EMISSION EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 38.COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC ACOUSTIC EMISSION EQUIPMENT MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 39.CHINA ACOUSTIC EMISSION EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 40.JAPAN ACOUSTIC EMISSION EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 41.INDIA ACOUSTIC EMISSION EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 42.REST OF ASIA-PACIFIC ACOUSTIC EMISSION EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 43.COMPARATIVE SHARE ANALYSIS OF LAMEA ACOUSTIC EMISSION EQUIPMENT MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 44.LATIN AMERICA ACOUSTIC EMISSION EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 45.MIDDLE EAST ACOUSTIC EMISSION EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 46.AFRICA ACOUSTIC EMISSION EQUIPMENT MARKET, 2019–2027 ($MILLION)
FIGURE 47.MARKET PLAYER POSITIONING, 2019
FIGURE 48.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 49.COMPETITIVE DASHBOARD
FIGURE 50.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 51.MISTRAS GROUP, INC., 2017–2019 ($MILLION)
FIGURE 52.MISTRAS GROUP, INC.: REVENUE, 2018–2019 ($MILLION)
FIGURE 53.MISTRAS GROUP, INC.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 54.MISTRAS GROUP, INC.: REVENUE SHARE BY TARGET MARKET, 2019 (%)
FIGURE 55.PARKER-HANNIFIN CORPORATION, 2017–2019 ($MILLION)
FIGURE 56.PARKER-HANNIFIN CORPORATION: REVENUE, 2017–2019 ($MILLION)
FIGURE 57.PARKER-HANNIFIN CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 58.PARKER-HANNIFIN CORPORATION: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 59.SIEMENS AG, 2017–2019 ($MILLION)
FIGURE 60.SIEMENS AG: REVENUE, 2017–2019 ($MILLION)
FIGURE 61.SIEMENS AG: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 62.SIEMENS AG: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 63.WABTEC CORPORATION: REVENUE, 2017–2019 ($MILLION)
FIGURE 64.WABTEC CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%)

 
 

There is an increasing interest in non-destructive testing methods and applications due to worldwide aging infrastructure. Out of all non-destructive testing methods, acoustic emission testing is gaining momentum globally, owing to increasing activities of restoration and rehabilitation of aging infrastructures especially in the developed countries of North America and Europe. Acoustic emission equipment is designed to monitor acoustic emissions produced within the material during stress or failure, rather than actively transmitting waves through a medium. 

Furthermore, the acoustic emission equipment market projects a steady growth during the forecast period, owing the long lifespan of acoustic emission equipment. However, mishandling of equipment may cause physical damage to the component, especially in the case of sensors. Moreover, growing industrialization in developing countries is anticipated to create opportunities for the market growth with increasing global standards for manufacturing. 

The acoustic emission equipment market is expected to witness growth during the forecast period due to increase in competition among various industries to strengthen their market position. The market for the acoustic emission equipment is expected to be driven by the linear location technique due to its ease of use and effective results. Moreover, zonal location technique is anticipated to provide lucrative opportunities to the acoustic emission equipment market, owing to the technological development in the testing method.  

Various leading manufacturers such as Acoustic Monitoring International, Inc., Campbell Scientific, Inc., Dodson Technical Services, Inc., Mistras Group, Inc., Parker-Hannifin Corporation, Schmitt Europe Ltd., Score Atlanta Inc., Siemens AG, Vallen Systeme GmbH, and Wabtec Corporation occupy a prominent revenue share in the acoustic emission equipment market.
 

 

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