Ultrasonic Air Bubble Detectors Market Expected to Reach $221.6 Million by 2031—Allied Market Research

According to a new report published by Allied Market Research, titled, “Ultrasonic Air Bubble Detectors Market By ProductApplication: Global Opportunity Analysis And Industry Forecast, 2022-2031," The ultrasonic air bubble detectors market was valued at $108.83 million in 2021, and is estimated to reach $221.6 million by 2031, growing at a CAGR of 7.3% from 2022 to 2031.

Bubble sensors are known to detect the presence of bubbles in fluids or any substance. As the presence of air bubbles leads to gradual weakness of the substance, their detection is vital. Ultrasonic air bubble detectors help in effective detection of any substance. This is done by sending a wave through the substance. Bubbles influence the velocity, attenuation, and scattering of the wave and a transducer detects the wave, and thus they are easily detected, provided if there are any. 

Ultrasonic gas bubble detectors are commonly used in a variety of industries, including oil and gas, power generation, water treatment, and chemical processing. They are used to prevent equipment damage, improve process efficiency, and ensure safety. For example, in power plants, ultrasonic gas bubble detectors can be used to detect and measure the level of gas bubbles in the cooling water systems to prevent damage to the equipment and ensure the safe and efficient operation of the plant. 

The ultrasonic gas bubble detectors market key players profiled in the report include include TE Connectivity Ltd., Biosonix, SONOTEC GmbH, Moog Inc., Meggitt plc, Sensaras LLC, Piezo Technologies, Strain Measurement Devices, Introtek International, Siansonic and Morgan Advanced Materials PLC. Market players have adopted various strategies, such as product launch, collaboration & partnership, joint venture, and acquisition, to expand their foothold in the ultrasonic gas bubble detectors market. 

Country-wise, the U.S. acquired a prime share in the ultrasonic air bubble detectors market size in the North American region and is expected to grow at a significant CAGR during the forecast period of 2022-2031. The U.S., holds a major fraction of the ultrasonic air bubble detectors market share, owing growing use of ultrasonic air bubble detectors in medical and industrial applications, and the increasing adoption of these devices in various sectors such as pharmaceuticals, food and beverage, power generation, oil and gas, chemical, semiconductor, and aerospace are driving the market growth in the country.

Recent ultrasonic air bubble detectors market trends in Europe indicates that Germany, dominated the ultrasonic air bubble detectors market, in terms of revenue, in 2021 and is expected to follow the same trend during the forecast period. Germany is expected to emerge as the major country in Europe's ultrasonic air bubble detectors market with a notable CAGR, due to the presence of strong manufacturing and technological base, and also has high demand for these devices. The market is expected to grow at a steady rate in the coming years due to the presence of leading manufacturers and suppliers.

According to ultrasonic air bubble detectors market analysis, in Asia-Pacific, China is expected to emerge as a significant market for the ultrasonic air bubble detectors industry, owing the presence of maximum number of leading bubble detector manufacturers and is making rapid progress in the last few years.

By LAMEA region, the Latin America country garner significant market share in 2021 due to the technological transformation and automation are reshaping the future of the industrial sector in Latin America. Moreover, the Middle East region is expected to grow at a significant CAGR from 2022 to 2031, owing to shifts in artificial intelligence, industry 4.0, and smart technological changes in recent years, which is expected to reshape the ultrasonic air bubble detectors market growth in the Middle East.

KEY FINDINGS OF THE STUDY

• In 2021, the fixed segment was the major revenue contributor to the ultrasonic gas bubble detectors industry, and is projected to grow at a notable CAGR of 6.48% during the forecast period. The fixed ultrasonic air bubble detector market is expected to grow in the coming years due to the increase in demand for accurate and reliable monitoring of fluid systems in various industries.
• The medical technologies segment is projected to growth at a CAGR of  6.03% during the forecast period. There is an increase in the demand for ultrasonic air bubble detectors owing to its growing applications in places, including hospitals, clinics, and ambulatory care centers, as well as in home healthcare settings.
• Asia-Pacific contributed for the major ultrasonic gas bubble detectors market share, accounting for more than 52.5% share in 2021. The increasing healthcare expenditure and the growing manufacturing industry are expected to provide new opportunities for market growth in the region.

Key players profiled in the ultrasonic gas bubble detectors market report include TE Connectivity Ltd., Biosonix, SONOTEC GmbH, Moog Inc., Meggitt plc, Sensaras LLC, Piezo Technologies, Strain Measurement Devices, Introtek International, Siansonic and Morgan Advanced Materials PLC. Market players have adopted various strategies, such as product launch, collaboration& partnership, joint venture, and acquisition to expand their foothold in the ultrasonic gas bubble detectors market.