North American Market Forecast
The North America ultrasonic testing market is set is account for around 30% of the revenue share by 2036. The increasing welding works in the region with the development of infrastructure is fueling the market size. The hike in the market growth is accounted for by the expansion of the aviation sector with growing tourists and migration of people for jobs, education, and other business purposes. The aviation of U.S. each day operates more than 20,000 flights with over 2 million passengers across 80 countries and over 60,000 tons of cargo across about 200 countries.
APAC Market Statistics
Asia Pacific ultrasonic testing market is estimated to register a noteworthy market size with market revenue of about 26% through 2036. The rising railway infrastructure development with the expansion of the railway sector is estimated to hike the growth of the market. The increase in the need for tracking the faults, and uneven structures to prevent the destruction of rail accidents in the region is driving the market growth. The growing use of ultrasonic testing for industrial assets and public infrastructures is expected to rise the market demand.
Author Credits: Abhishek Verma
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