Ultrasonic Testing Market Size

Ultrasonic Testing Market size was over USD 3.1 Billion in 2023 and is projected to reach USD 7.23 Billion by the end of 2036, growing at around 7% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of ultrasonic testing is assessed at USD 3.4 Billion. There has been an increased usage of ultrasonic testing in the engineering industries to evaluate the properties of equipment, structures, components, and materials to prevent damage issues. Hence, the evaluation and analysis of the products in the end-user sector to reduce defects are driving market expansion.

Ultrasonic testing has various advantages, including the capacity to identify interior effects and the absence of radiation. This type of ultrasonic testing can also be utilized for evaluation or flaw discovery, high-speed rotating engine parts, material thickness, and dimensional measurement. The demand for quality control tools in the manufacturing industry to detect substance faults at an early stage to produce a finished product with better output is surging the demand for ultrasonic testing.