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According to a new market research report published by Credence Research “Global Ultrasonic Pulse Velocity Tester Market– Growth, Future Prospects and Competitive Analysis,2019 - 2027”, the overall ultrasonic pulse velocity tester market worldwide is set to grow with a CAGR of 5.9% during the forecast period.Market Insights
The global ultrasonic pulse velocity tester market is highly driven by the high adoption of ultrasonic technology in construction and materials testing applications. Ultrasonic pulse velocity testers offer high penetration power, high sensitivity and greater accuracy with better portability. Thus, these benefits boosting its demand across several industry verticals including construction, petrochemical industries, research laboratory, and others.
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Additionally, the integration of ultrasonic velocity testes with the next-generation technologies to provide the automated operation are escalating the market growth. However, the error caused by the manual operation of the velocity testing is expected to restrain the growth of ultrasonic pulse velocity testing market. Moreover, the ongoing advancements in the ultrasonic pulse velocity testers to enable the accurate and cost-effective detection at the water treatment facilities, chemicals, and petrochemical industries are projected to create the several growth opportunities in this market in near future. Moreover, the major players in this market are more focusing on the integration of different features with the ultrasonic testers market to provide reliable and accurate information.
The global ultrasonic pulse velocity tester market is segmented into the frequency range, application, and the end-users. On the basis of the frequency range, the market is further bifurcated into less than 50 kHz, 50 kHz to 100 kHz, 100 KHz to 150 kHz and more than 150 KHz. Among this frequency range, the 50 kHz to 100 kHz frequency testers holds the maximum market shares owing to its growing applications in the material, petrochemical and the other testing applications.
Among the geographies, North America held the maximum market share in the ultrasonic pulse velocity testing market. The factors such as the presence of major tester manufacture and the high adoption of ultrasonic pulse velocity testers in the various applications are promoting the growth of ultrasonic velocity the testers market in this region. Furthermore, Asia Pacific is the fastest growing the region in this market, the growing investments in the infrastructural developments and the adoption of next-generation technologies are contributing in the ultrasonic pulse velocity tester market in this region.
Some of the major companies in this market include Mitech Co., Ltd., Canopus Instruments, Proceq Group, Aimil Ltd., Novotest, Olson Instruments Inc., Impact Test Equipment Ltd., Qualitest International Inc., James Instruments Inc, Cygnus Instruments, Stanlay, Papworths Construction Testing Equipment, Humboldt Mfg. Co., Controls S.p.A., and other companies.
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ToC:
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
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Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Ultrasonic Pulse Velocity Tester Market Value, 2017 – 2027, (US$ Bn)
3.2 Market Drivers
3.3 Market Growth Inhibitors
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends
3.5 Attractive Investment Proposition, by Geography, 2018
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Ultrasonic Pulse Velocity Tester Vendors, 2018
3.6.2 Key Strategies Adopted by the Leading Players
Chapter 4 Global Ultrasonic Pulse Velocity Tester Market Analysis, by Frequency Range, 2017 – 2027 (US$ Bn)
4.1 Overview
4.2 Less than 50kHz
4.3 50kHz - 100kHz
4.4 100kHz - 150kHz
4.5 Above 150 kHz
Chapter 5 Global Ultrasonic Pulse Velocity Tester Market Analysis, by Applications, 2017 – 2027 (US$ Bn)
5.1 Overview
5.2 Void and Crack Detection
5.3 Non-destructive Strength Measurements
5.4 Infrastructure and construction testing
5.5 Elasticity measurements
5.6 Material science and research
5.7 Other Applications
Chapter 6 Global Ultrasonic Pulse Velocity Tester Market Analysis, by End Users, 2017 – 2027 (US$ Bn)
6.1 Overview
6.2 Construction Industry
6.3 Chemicals and Petrochemicals
6.4 Oil and Gas Refineries
6.5 Aerospace and Defence
6.6 Research Institutes
6.7 Other End Users
Chapter 7 North America Ultrasonic Pulse Velocity Tester Market Analysis, 2017 – 2027 (US$ Bn)
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Chapter 8 Europe Ultrasonic Pulse Velocity Tester Market Analysis, 2017 – 2027 (US$ Bn)
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Chapter 9 Asia Pacific Ultrasonic Pulse Velocity Tester Market Analysis, 2017 – 2027 (US$ Bn)
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Chapter 10 Rest of the World (RoW) Ultrasonic Pulse Velocity Tester Market Analysis, 2017 – 2027 (US$ Bn)
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Chapter 11 Company Profiles
11.1 Mitech Co., Ltd.
11.2 Canopus Instruments
11.3 Proceq Group
11.4 Aimil Ltd.
11.5 Novotest
11.6 Olson Instruments Inc.
11.7 Impact Test Equipment Ltd.
11.8 Qualitest International Inc.
11.9 James Instruments Inc.
11.10 Cygnus Instruments
11.11 Stanlay
11.12 Papworths Construction Testing Equipment
11.13 Humboldt Mfg. Co.
11.14 Controls S.p.A.
..............toc continued
Browse the full report at https://www.credenceresearch.com/report/ultrasonic-pulse-velocity-tester-market
Key questions answered in this report
What was the market size of Ultrasonic Pulse Velocity Tester in 2018 and forecast up to 2027?
Which is the largest regional market for automotive industry applications?
What are the major trends followed in Ultrasonic Pulse Velocity Tester market across different regions?
Who are the key Ultrasonic Pulse Velocity Tester companies leading the market?
What are the key strategies adopted by the leading Ultrasonic Pulse Velocity Tester companies in market?
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