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Ultrasonic Technologies Market

Ultrasonic Technologies Market by Application (Welding, Cleaning, Inspections, and Others), End-user Industry (Food & Beverage, Automotive, Healthcare, and Others), and Sales Type (New Equipment Sales and Aftermarket Sales): Global Opportunity Analysis and Industry Forecast, 2021–2030

A00068
Pages: 223
Sep 2021 | 9092 Views
   
Author(s) : Digvijay Pawar , Onkar Sumant
Tables: 114
Charts: 52
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The ultrasonic technologies market size was valued at $1,345.9 million in 2020, and is expected to reach $3,804.4 million by 2030, registering a CAGR of 10.9% from 2021 to 2030. Ultrasonic technology is a process of using sound waves to detect certain objects or material and further transmit digital data. Ultrasonic technology is used for a wide range of operations such as welding, inspection, cleaning, cutting, and sieving in industries such as healthcare, food & beverage, oil & gas, chemical, and automobile. Every application has a different method of operation that makes use of ultrasonic technology in its own unique way. For instance, the inspection technology uses piezoelectrictransducer connected to a flaw detector to detect leakage, whereas the cleaning technology uses high-frequency, high-intensity sound waves in a liquid to facilitate or enhance the removal of foreign contaminants from surfaces submerged in an ultrasonically activated liquid. Furthermore, several other ultrasonic technologies are used to carry out other operations in manufacturing industries. Similarly, ultrasonic welding is an industrial process where high-frequency ultrasonic acoustic vibrations are applied to workpieces being held together under pressure to create a solid-state weld.

The ultrasonic technologies market was initially hampered owing to restrictions on industrial activities during lockdown. In addition, manufacturing of these machines was also affected during the period.

Ultrasonic equipment can be used to inspect the places that people cannot reach or cannot inspect into. This can make inspections more thorough and simpler to perform. For instance, in the oil & gas industry, the ultrasonic detection technology is highly efficient in maintenance of systems. Moreover, rapid industrialization in emerging countries has given rise to manufacturing activities. The industries such as oil & gas, chemical, healthcare, foods & beverages, and automobile are continuously developing. Therefore, manufacturers are expanding their businesses in the emerging countries such as Brazil, India, China, and Argentina. These factors collectively contribute toward the growth of the global ultrasonic technologies market.

Ultrasonic-Technologies-Market-2021-2030[1]

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However, initial capital cost to set up ultrasonic technology and its operating system require high investment. Majorly, cost of the system is high due to high cost of software, which actually detects motion and interacts with systems through sensors and further analyzes command for motion of ultrasonic systems. This acts as a key deterrent factor of the global ultrasonic technologies market. Furthermore, during the outbreak of the COVID-19 pandemic, construction, manufacturing, hotel, and tourism industries were majorly affected. Manufacturing activities were halted or restricted. Moreover, offices and industries were closed, which led to decline in manufacturing of ultrasonic technologies as well as their demand in the market, thereby restraining ultrasonic technologies market growth. Conversely, industries are gradually resuming their regular manufacturing and services, which will lead to re-initiation of ultrasonic technologies companies at their full-scale capacities. This is expected to aid the ultrasonic technologies market to recover by end of 2021.

On the contrary, integration of IoT in ultrasonic systems helps to increase efficiency and prolongs the service life of ultrasonic systems. Upgrading of ultrasonic systems includes integration of IoT in ultrasonic systems to detect performance of the system, monitor the process, and to take correct measures to overcome issues occurring in the operating process. Thus, all these factors collectively are anticipated to provide remunerative opportunities to players in the ultrasonic technologies market in emerging countries during the forecast period.

Ultrasonic Technologies Market
By Application

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Inspections segment is projected to grow at a significant 12.1% CAGR

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The global ultrasonic technologies market is segmented into application, end-user industry, sales type, and region. By application, the market is segregated into welding, cleaning, inspections, and others. On the basis of end-user industry, it is categorized into food & beverage, automotive, healthcare, and others. Depending on sales type, it is fragmented into new equipment sales and aftermarket sales. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Spain, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Ultrasonic Technologies Market
By End-user Industry

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Healthcare segment is expected to grow at a significant rate during the forecast period.

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On the basis of end-user industry, in 2020, the food & beverage segment dominated the ultrasonic technologies market, in terms of revenue, whereas the healthcare segment is expected to witness growth at the highest CAGR during the forecast period. By application, in 2020, the welding segment exhibited the highest growth, whereas the inspections segment is expected to register the highest CAGR in the future. Depending on sales type, the new equipment sales segment led the market in 2020, in terms of revenue; however, the aftermarket sales segment is anticipated to register highest CAGR during the forecast period. Region wise, Asia-Pacific garnered the highest revenue in 2020; however, LAMEA is anticipated to register highest CAGR during the forecast period.

Ultrasonic Technologies Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific holds a dominant position in 2020 and LAMEA is expected to grow at a highest rate during the forecast period.

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Competition analysis

The major players profiled in the ultrasonic technologies market report 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 players have adopted product launch and business expansion as their key developmental strategies to offer better products and services to customers in the ultrasonic technologies market.

Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current trends, future estimations, and dynamics of the ultrasonic technologies market.
  • In-depth ultrasonic technologies market analysis is conducted by estimations for the key segments between 2021 and 2030.
  • Extensive analysis of the market is conducted by following key product positioning and monitoring of top competitors within the market framework.
  • A comprehensive analysis of four major regions is provided to determine the prevailing opportunities.
  • The ultrasonic technologies market forecast analysis from 2021 to 2030 is included in the report.
  • The key market players operating in the market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the ultrasonic technologies industry.

Key Market Segments

By Application

  • Welding
  • Cleaning
  • Inspections
  • Others

By End-user Industry

  • Food & Beverage
  • Automotive
  • Healthcare
  • Others

By Sales Type

  • New Equipment Sales
  • Aftermarket Sales

By Region

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

Key Players

    •  
  • 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
  • Ultrasonic Technologies, Inc.

Key Market Segments

  • By Application
    • Welding
    • Cleaning
    • Inspections
    • Others
  • By End-user Industry
    • Food & Beverage
    • Automotive
    • Healthcare
    • Others
  • By Sales Type
    • New Equipment Sales
    • Aftermarket Sales
  • BY REGION
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • UK
      • Spain
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • South Korea
      • India
      • Rest of Asia-Pacific
    • LAMEA
      • Latin America
      • Middle East
      • Africa


Key Market Players

  • 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
  • Ultrasonic Technologies, Inc.
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Research methodology

1.2.1.Primary research
1.2.2.Secondary research
1.2.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets
3.2.2.Top impacting factors

3.3.Key forces shaping ultrasonic technologies industry
3.4.Value chain analysis
3.5.Smiling Curve Value Chain Model
3.6.Market dynamics

3.6.1.Drivers

3.6.1.1.Highly efficient in maintenance of systems
3.6.1.2.Industrialization in emerging countries

3.6.2.Restraints

3.6.2.1.High initial investment

3.6.3.Opportunity

3.6.3.1.Introduction of IoT

3.7.COVID-19 impact analysis

CHAPTER 4:ULTRASONIC TECHNOLOGIES MARKET, BY APPLICATION

4.1.Market overview

4.1.1.Market size and forecast, by application

4.2.Welding

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.Cleaning

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.Inspections

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

4.5.Others

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis, by country

CHAPTER 5:ULTRASONIC TECHNOLOGIES MARKET, BY END-USER INDUSTRY

5.1.Market overview

5.1.1.Market size and forecast, by end-user industry

5.2.Food & beverage

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
5.2.4.Food & beverage ultrasonic technologies market size and forecast, by sales type

5.3.Automotive

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.Healthcare

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.Others

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:ULTRASONIC TECHNOLOGIES MARKET, BY SALES TYPE

6.1.Market overview

6.1.1.Market size and forecast, by sales type

6.2.New equipment

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

6.3.Aftermarket

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

CHAPTER 7:ULTRASONIC TECHNOLOGIES MARKET, BY REGION

7.1.Market overview

7.1.1.Market size and forecast, by region

7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by application
7.2.3.Market size and forecast, by end-user industry
7.2.4.Market size and forecast, by sales type
7.2.5.Market size and forecast, by country
7.2.6.Market size and forecast, for food & beverage, by sales type

7.2.6.1.U.S.

7.2.6.1.1.Market size and forecast, by application
7.2.6.1.2.Market size and forecast, by end-user industry
7.2.6.1.3.Market size and forecast, by sales type

7.2.6.2.Canada

7.2.6.2.1.Market size and forecast, by application
7.2.6.2.2.Market size and forecast, by end-user industry
7.2.6.2.3.Market size and forecast, by sales type

7.2.6.3.Mexico

7.2.6.3.1.Market size and forecast, by application
7.2.6.3.2.Market size and forecast, by end-user industry
7.2.6.3.3.Market size and forecast, by sales type

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by application
7.3.3.Market size and forecast, by end-user industry
7.3.4.Market size and forecast, by sales type
7.3.5.Market size and forecast, by country
7.3.6.Market size and forecast, for food & beverage, by sales type

7.3.6.1.Germany

7.3.6.1.1.Market size and forecast, by application
7.3.6.1.2.Market size and forecast, by end-user industry
7.3.6.1.3.Market size and forecast, by sales type

7.3.6.2.France

7.3.6.2.1.Market size and forecast, by application
7.3.6.2.2.Market size and forecast, by end-user industry
7.3.6.2.3.Market size and forecast, by sales type

7.3.6.3.UK

7.3.6.3.1.Market size and forecast, by application
7.3.6.3.2.Market size and forecast, by end-user industry
7.3.6.3.3.Market size and forecast, by sales type

7.3.6.4.Spain

7.3.6.4.1.Market size and forecast, by application
7.3.6.4.2.Market size and forecast, by end-user industry
7.3.6.4.3.Market size and forecast, by sales type

7.3.6.5.Rest of Europe

7.3.6.5.1.Market size and forecast, by application
7.3.6.5.2.Market size and forecast, by end-user industry
7.3.6.5.3.Market size and forecast, by sales type

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by application
7.4.3.Market size and forecast, by end-user industry
7.4.4.Market size and forecast, by sales type
7.4.5.Market size and forecast, by country
7.4.6.Market size and forecast, for food & beverage, by sales type

7.4.6.1.China

7.4.6.1.1.Market size and forecast, by application
7.4.6.1.2.Market size and forecast, by end-user industry
7.4.6.1.3.Market size and forecast, by sales type

7.4.6.2.Japan

7.4.6.2.1.Market size and forecast, by application
7.4.6.2.2.Market size and forecast, by end-user industry
7.4.6.2.3.Market size and forecast, by sales type

7.4.6.3.South Korea

7.4.6.3.1.Market size and forecast, by application
7.4.6.3.2.Market size and forecast, by end-user industry
7.4.6.3.3.Market size and forecast, by sales type

7.4.6.4.India

7.4.6.4.1.Market size and forecast, by application
7.4.6.4.2.Market size and forecast, by end-user industry
7.4.6.4.3.Market size and forecast, by sales type

7.4.6.5.Rest of Asia-Pacific

7.4.6.5.1.Market size and forecast, by application
7.4.6.5.2.Market size and forecast, by end-user industry
7.4.6.5.3.Market size and forecast, by sales type

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by application
7.5.3.Market size and forecast, by end-user industry
7.5.4.Market size and forecast, by sales type
7.5.5.Market size and forecast, by country
7.5.6.Market size and forecast, for food & beverage, by sales type

7.5.6.1.Latin America

7.5.6.1.1.Market size and forecast, by application
7.5.6.1.2.Market size and forecast, by end-user industry
7.5.6.1.3.Market size and forecast, by sales type

7.5.6.2.Middle East

7.5.6.2.1.Market size and forecast, by application
7.5.6.2.2.Market size and forecast, by end-user industry
7.5.6.2.3.Market size and forecast, by sales type

7.5.6.3.Africa

7.5.6.3.1.Market size and forecast, by application
7.5.6.3.2.Market size and forecast, by end-user industry
7.5.6.3.3.Market size and forecast, by sales type

CHAPTER 8:COMPETITIVE LANDSCAPE

8.1.Introduction

8.1.1.Market player positioning

8.2.Top winning strategies

8.2.1.Top winning strategies, by year
8.2.2.Top winning strategies, by development
8.2.3.Top winning strategies, by company

CHAPTER 9:COMPANY PROFILES

9.1.Advanced Sonics, LLC

9.1.1.Company overview
9.1.2.Key executive
9.1.3.Company snapshot
9.1.4.Product portfolio

9.2.Crest Ultrasonics Corp.

9.2.1.Company overview
9.2.2.Key executive
9.2.3.Company snapshot
9.2.4.Product portfolio

9.3.DPR Ultrasonic Technologies

9.3.1.Company overview
9.3.2.Company snapshot
9.3.3.Product portfolio

9.4.Emerson Electric Co. (Branson)

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.International Ultrasonic Technologies

9.5.1.Company overview
9.5.2.Key executives
9.5.3.Company snapshot
9.5.4.Product portfolio

9.6.Mosca GmbH

9.6.1.Company overview
9.6.2.Key executives
9.6.3.Company snapshot
9.6.4.Product portfolio
9.6.5.Key strategic moves and developments

9.7.MS Industrie AG

9.7.1.Company overview
9.7.2.Key executives
9.7.3.Company snapshot
9.7.4.Operating business segments
9.7.5.Product portfolio

9.8.Sonotronic Nagel GmbH

9.8.1.Company overview
9.8.2.Key executives
9.8.3.Company snapshot
9.8.4.Product portfolio
9.8.5.Key strategic moves and developments

9.9.Telsonic AG

9.9.1.Company overview
9.9.2.Key executives
9.9.3.Company snapshot
9.9.4.Product portfolio

9.10.Ultrasonic Technologies, Inc.

9.10.1.Company overview
9.10.2.Key executive
9.10.3.Company snapshot
9.10.4.Product portfolio

LIST OF TABLES

TABLE 01.ULTRASONIC TECHNOLOGIES MARKET REVENUE, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 02.ULTRASONIC TECHNOLOGIES MARKET REVENUE FOR WELDING, BY REGION, 2020-2030 ($MILLION)
TABLE 03.ULTRASONIC TECHNOLOGIES MARKET REVENUE FOR CLEANING, BY REGION, 2020-2030 ($MILLION)
TABLE 04.ULTRASONIC TECHNOLOGIES MARKET REVENUE FOR INSPECTIONS, BY REGION, 2020-2030 ($MILLION)
TABLE 05.ULTRASONIC TECHNOLOGIES MARKET REVENUE FOR OTHERS, BY REGION, 2020-2030 ($MILLION)
TABLE 06.ULTRASONIC TECHNOLOGIES MARKET REVENUE, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 07.ULTRASONIC TECHNOLOGIES MARKET REVENUE FOR FOOD & BEVERAGE, BY REGION, 2020-2030 ($MILLION)
TABLE 08.ULTRASONIC TECHNOLOGIES MARKET REVENUE FOR FOOD & BEVERAGE, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 09.ULTRASONIC TECHNOLOGIES MARKET REVENUE FOR AUTOMOTIVE, BY REGION, 2020-2030 ($MILLION)
TABLE 10.ULTRASONIC TECHNOLOGIES MARKET REVENUE FOR HEALTHCARE, BY REGION, 2020-2030 ($MILLION)
TABLE 11.ULTRASONIC TECHNOLOGIES MARKET REVENUE FOR OTHERS, BY REGION, 2020-2030 ($MILLION)
TABLE 12.ULTRASONIC TECHNOLOGIES MARKET REVENUE, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 13.ULTRASONIC TECHNOLOGIES MARKET REVENUE FOR NEW EQUIPMENT, BY REGION, 2020-2030 ($MILLION)
TABLE 14.ULTRASONIC TECHNOLOGIES MARKET REVENUE FOR AFTERMARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 15.ULTRASONIC TECHNOLOGIES MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 16.NORTH AMERICA ULTRASONIC TECHNOLOGIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 17.NORTH AMERICA ULTRASONIC TECHNOLOGIES MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 18.NORTH AMERICA ULTRASONIC TECHNOLOGIES MARKET, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 19.NORTH AMERICA ULTRASONIC TECHNOLOGIES MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 20.NORTH AMERICA ULTRASONIC TECHNOLOGIES MARKET, FOR FOOD & BEVERAGE, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 21.U.S. ULTRASONIC TECHNOLOGIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 22.U.S. ULTRASONIC TECHNOLOGIES MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 23.U.S. ULTRASONIC TECHNOLOGIES MARKET, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 24.CANADA ULTRASONIC TECHNOLOGIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 25.CANADA ULTRASONIC TECHNOLOGIES MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 26.CANADA ULTRASONIC TECHNOLOGIES MARKET, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 27.MEXICO ULTRASONIC TECHNOLOGIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 28.MEXICO ULTRASONIC TECHNOLOGIES MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 29.MEXICO ULTRASONIC TECHNOLOGIES MARKET, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 30.EUROPE ULTRASONIC TECHNOLOGIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 31.EUROPE ULTRASONIC TECHNOLOGIES MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 32.EUROPE ULTRASONIC TECHNOLOGIES MARKET, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 33.EUROPE ULTRASONIC TECHNOLOGIES MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 34.EUROPE ULTRASONIC TECHNOLOGIES MARKET, FOR FOOD & BEVERAGE, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 35.GERMANY ULTRASONIC TECHNOLOGIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 36.GERMANY ULTRASONIC TECHNOLOGIES MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 37.GERMANY ULTRASONIC TECHNOLOGIES MARKET, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 38.FRANCE ULTRASONIC TECHNOLOGIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 39.FRANCE ULTRASONIC TECHNOLOGIES MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 40.FRANCE ULTRASONIC TECHNOLOGIES MARKET, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 41.UK ULTRASONIC TECHNOLOGIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 42.UK ULTRASONIC TECHNOLOGIES MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 43.UK ULTRASONIC TECHNOLOGIES MARKET, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 44.SPAIN ULTRASONIC TECHNOLOGIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 45.SPAIN ULTRASONIC TECHNOLOGIES MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 46.SPAIN ULTRASONIC TECHNOLOGIES MARKET, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 47.REST OF EUROPE ULTRASONIC TECHNOLOGIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 48.REST OF EUROPE ULTRASONIC TECHNOLOGIES MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 49.REST OF EUROPE ULTRASONIC TECHNOLOGIES MARKET, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 50.ASIA-PACIFIC ULTRASONIC TECHNOLOGIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 51.ASIA-PACIFIC ULTRASONIC TECHNOLOGIES MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 52.ASIA-PACIFIC ULTRASONIC TECHNOLOGIES MARKET, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 53.ASIA-PACIFIC ULTRASONIC TECHNOLOGIES MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 54.ASIA-PACIFIC ULTRASONIC TECHNOLOGIES MARKET, FOR FOOD & BEVERAGE, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 55.CHINA ULTRASONIC TECHNOLOGIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 56.CHINA ULTRASONIC TECHNOLOGIES MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 57.CHINA ULTRASONIC TECHNOLOGIES MARKET, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 58.JAPAN ULTRASONIC TECHNOLOGIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 59.JAPAN ULTRASONIC TECHNOLOGIES MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 60.JAPAN ULTRASONIC TECHNOLOGIES MARKET, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 61.SOUTH KOREA ULTRASONIC TECHNOLOGIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 62.SOUTH KOREA ULTRASONIC TECHNOLOGIES MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 63.SOUTH KOREA ULTRASONIC TECHNOLOGIES MARKET, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 64.INDIA ULTRASONIC TECHNOLOGIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 65.INDIA ULTRASONIC TECHNOLOGIES MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 66.INDIA ULTRASONIC TECHNOLOGIES MARKET, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 67.REST OF ASIA-PACIFIC ULTRASONIC TECHNOLOGIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 68.REST OF ASIA-PACIFIC ULTRASONIC TECHNOLOGIES MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 69.REST OF ASIA-PACIFIC ULTRASONIC TECHNOLOGIES MARKET, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 70.LAMEA ULTRASONIC TECHNOLOGIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 71.LAMEA ULTRASONIC TECHNOLOGIES MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 72.LAMEA ULTRASONIC TECHNOLOGIES MARKET, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 73.LAMEA ULTRASONIC TECHNOLOGIES MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 74.LAMEA ULTRASONIC TECHNOLOGIES MARKET, FOR FOOD & BEVERAGE, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 75.LATIN AMERICA ULTRASONIC TECHNOLOGIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 76.LATIN AMERICA ULTRASONIC TECHNOLOGIES MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 77.LATIN AMERICA ULTRASONIC TECHNOLOGIES MARKET, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 78.MIDDLE EAST ULTRASONIC TECHNOLOGIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 79.MIDDLE EAST ULTRASONIC TECHNOLOGIES MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 80.MIDDLE EAST ULTRASONIC TECHNOLOGIES MARKET, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 81.AFRICA ULTRASONIC TECHNOLOGIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 82.AFRICA ULTRASONIC TECHNOLOGIES MARKET, BY END-USER INDUSTRY, 2020-2030 ($MILLION)
TABLE 83.AFRICA ULTRASONIC TECHNOLOGIES MARKET, BY SALES TYPE, 2020-2030 ($MILLION)
TABLE 84.ADVANCED SONICS, LLC: KEY EXECUTIVE
TABLE 85.ADVANCED SONICS, LLC: COMPANY SNAPSHOT
TABLE 86.ADVANCED SONICS, LLC: PRODUCT PORTFOLIO
TABLE 87.CREST ULTRASONICS CORP.: KEY EXECUTIVE
TABLE 88.CREST ULTRASONICS CORP.: COMPANY SNAPSHOT
TABLE 89.CREST ULTRASONICS CORP.: PRODUCT PORTFOLIO
TABLE 90.DPR ULTRASONIC TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 91.DPR ULTRASONIC TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 92.EMERSON ELECTRIC CO.: KEY EXECUTIVES
TABLE 93.EMERSON ELECTRIC CO.: COMPANY SNAPSHOT
TABLE 94.EMERSON ELECTRIC CO.: OPERATING SEGMENTS
TABLE 95.EMERSON ELECTRIC CO.: PRODUCT PORTFOLIO
TABLE 96.INTERNATIONAL ULTRASONIC TECHNOLOGIES: KEY EXECUTIVES
TABLE 97.INTERNATIONAL ULTRASONIC TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 98.INTERNATIONAL ULTRASONIC TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 99.MOSCA GMBH: KEY EXECUTIVES
TABLE 100.MOSCA GMBH: COMPANY SNAPSHOT
TABLE 101.MOSCA GMBH: PRODUCT PORTFOLIO
TABLE 102.MS INDUSTRIE AG: KEY EXECUTIVES
TABLE 103.MS INDUSTRIE AG: COMPANY SNAPSHOT
TABLE 104.MS INDUSTRIE AG: OPERATING SEGMENTS
TABLE 105.MS INDUSTRIE AG: PRODUCT PORTFOLIO
TABLE 106.SONOTRONIC NAGEL GMBH: KEY EXECUTIVES
TABLE 107.SONOTRONIC NAGEL GMBH: COMPANY SNAPSHOT
TABLE 108.SONOTRONIC NAGEL GMBH: PRODUCT PORTFOLIO
TABLE 109.TELSONIC AG: KEY EXECUTIVES
TABLE 110.TELSONIC AG: COMPANY SNAPSHOT
TABLE 111.TELSONIC AG: PRODUCT PORTFOLIO
TABLE 112.ULTRASONIC TECHNOLOGIES, INC.: KEY EXECUTIVE
TABLE 113.ULTRASONIC TECHNOLOGIES, INC.: COMPANY SNAPSHOT
TABLE 114.ULTRASONIC TECHNOLOGIES, INC.: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.GLOBAL ULTRASONIC TECHNOLOGIES MARKET SNAPSHOT, 2020–2030
FIGURE 03.ULTRASONIC TECHNOLOGIES MARKET SNAPSHOT, BY COUNTRY, 2020–2030
FIGURE 04.GLOBAL ULTRASONIC TECHNOLOGIES MARKET: KEY PLAYERS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.TOP IMPACTING FACTORS
FIGURE 07.LOW-TO-MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 08.MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 09.MODERATE-TO-HIGH THREAT OF SUBSTITUTES
FIGURE 10.MODERATE BARGAINING POWER OF BUYERS
FIGURE 11.LOW INTENSITY OF RIVALRY
FIGURE 12.VALUE CHAIN ANALYSIS
FIGURE 13.SMILING CURVE VALUE CHAIN MODEL
FIGURE 14.MARKET DYNAMICS
FIGURE 15.ULTRASONIC TECHNOLOGIES MARKET, BY APPLICATION, 2020-2030
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF ULTRASONIC TECHNOLOGIES MARKET FOR WELDING, BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF ULTRASONIC TECHNOLOGIES MARKET FOR CLEANING, BY COUNTRY, 2020 & 2030 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF ULTRASONIC TECHNOLOGIES MARKET FOR INSPECTIONS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF ULTRASONIC TECHNOLOGIES MARKET FOR OTHERS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 20.ULTRASONIC TECHNOLOGIES MARKET, BY END-USER INDUSTRY, 2020-2030
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF ULTRASONIC TECHNOLOGIES MARKET FOR FOOD & BEVERAGE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF ULTRASONIC TECHNOLOGIES MARKET FOR AUTOMOTIVE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF ULTRASONIC TECHNOLOGIES MARKET FOR HEALTHCARE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF ULTRASONIC TECHNOLOGIES MARKET FOR OTHERS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 25.ULTRASONIC TECHNOLOGIES MARKET, BY SALES TYPE, 2020-2030
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF ULTRASONIC TECHNOLOGIES MARKET FOR NEW EQUIPMENT, BY COUNTRY, 2020 & 2030 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF ULTRASONIC TECHNOLOGIES MARKET FOR AFTERMARKET, BY COUNTRY, 2020 & 2030 (%)
FIGURE 28.ULTRASONIC TECHNOLOGIES MARKET, BY REGION, 2020-2030
FIGURE 29.U.S. ULTRASONIC TECHNOLOGIES MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 30.CANADA ULTRASONIC TECHNOLOGIES MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 31.MEXICO ULTRASONIC TECHNOLOGIES MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 32.GERMANY ULTRASONIC TECHNOLOGIES MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 33.FRANCE ULTRASONIC TECHNOLOGIES MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 34.UK ULTRASONIC TECHNOLOGIES MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 35.SPAIN ULTRASONIC TECHNOLOGIES MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 36.REST OF EUROPE ULTRASONIC TECHNOLOGIES MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 37.CHINA ULTRASONIC TECHNOLOGIES MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 38.JAPAN ULTRASONIC TECHNOLOGIES MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 39.SOUTH KOREA ULTRASONIC TECHNOLOGIES MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 40.INDIA ULTRASONIC TECHNOLOGIES MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 41.REST OF ASIA-PACIFIC ULTRASONIC TECHNOLOGIES MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 42.LATIN AMERICA ULTRASONIC TECHNOLOGIES MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 43.MIDDLE EAST ULTRASONIC TECHNOLOGIES MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 44.AFRICA ULTRASONIC TECHNOLOGIES MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 45.MARKET PLAYER POSITIONING
FIGURE 46.TOP WINNING STRATEGIES, BY YEAR, 2019–2021
FIGURE 47.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2019–2021 (%)
FIGURE 48.TOP WINNING STRATEGIES, BY COMPANY, 2019–2021
FIGURE 49.EMERSON ELECTRIC CO.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 50.EMERSON ELECTRIC CO.: REVENUE, 2018–2020 ($MILLION)
FIGURE 51.EMERSON ELECTRIC CO.: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 52.EMERSON ELECTRIC CO.: REVENUE SHARE, BY REGION, 2020 (%)

 
 

The ultrasonic technologies market was valued at $1,345.9 million in 2020, and is expected to reach $3,804.4 million by 2030, registering a CAGR of 10.9% from 2021 to 2030.

Ultrasonic technologies are highly efficient in maintenance of mechanical systems that are installed in the food & beverage, oil & gas, and chemical industries, thus driving the market growth. In addition, industrialization in emerging countries has given rise to demand for ultrasonic systems in manufacturing industries, which fosters the market growth.

However, high initial investment of ultrasonic equipment and its operating systems acts as a major restraint of the global market. On the contrary, the introduction of IoT in ultrasonic equipment is expected to create opportunities for growth of the market during the forecast period.

Major companies in the market have adopted strategies such as product launch and business expansion to strengthen their foothold in the global market.

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A. The ultrasonic technologies market was valued at $1,345.9 million in 2020, and is expected to reach $3,804.4 million by 2030, registering a CAGR of 10.9% from 2021 to 2030.

A. The forecast period considered for the global ultrasonic technologies market is 2021 to 2030, wherein, 2020 is the base year, 2021 is the estimated year, and 2030 is the forecast year.

A. To get latest version of global ultrasonic technologies market report can be obtained on demand from the website.

A. The base year considered in the global ultrasonic technologies market report is 2020.

A. The top companies holding the market share in the global ultrasonic technologies market report 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.

A. The top ten market players are selected based on two key attributes - competitive strength and market positioning

A. By application, the welding segment dominated the global ultrasonic technologies market, in terms of revenue and is expected to maintain this trend during the forecast period.

A. By end-user Industry, the food & beverage segment is the highest share holder of global ultrasonic technologies market.

A. The report contains an exclusive company profile section, where leading 10 companies in the market are profiled. These profiles typically cover company overview, geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.

A. The market value of the global ultrasonic technologies market is $1,502.1 million in 2021.

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