Ultrasonics: Global Markets and Technologies

Published - May 2008| Analyst - Srinivasa Rajaram| Code - MFG013C
Market Research Report Single User License: $2750 Member Price: FREE

Report Highlights

  • The global market for ultrasonics increased from $10.8 billion in 2007 to an estimated $12.4 billion by the end of 2008. It should reach $18.8 billion by 2013, a compound annual growth rate (CAGR) of 8.7%.
  • The market segment for technology covering ultrasonic motors and flowmeters will have the highest growth rate of any segment, with a CAGR of 11.4% over the study period.
  • The CAGR for ultrasonic flow-meters is expected to be 9.1% over the study period, from 2008 to the end of 2013.

INTRODUCTION

STUDY GOALS AND OBJECTIVES
 
The main objectives of this report are to: 
  • Identify viable technology drivers through a comprehensive look at various platform technologies for ultrasound products and their markets. 
  • Obtain a complete understanding of the major ultrasound markets—industrial, medical, processing, and miscellaneous uses—from their basic principles to their applications. 
  • Discover feasible market opportunities by identifying high-growth applications in different areas, with a focus on the biggest and expanding markets. 
  • Focus on global industry development through an in-depth analysis of the major world markets for ultrasonic technologies and products, including forecasts for growth. 
  • Establish the essentials of the ultrasonic technologies and products market, including definitions, processes, and trends. 
 REASONS FOR DOING THE STUDY
 
For any company to succeed in a competitive market, product opportunities must be identified from the viewpoint of the company’s strengths. For this, it is necessary to understand the size and growth rate of any opportunity and the competitive atmosphere in which the company exists. This report presents the ideal medium to understand the various exciting and growing opportunities in the field of ultrasonics and will help any prospective manufacturer, distributor, or even a user to understand and succeed in this growing field.
  
INTENDED AUDIENCE
 
This report is intended to help: 
  • Marketing managers to identify newer market opportunities and develop targeted promotion plans for the company’s ultrasonic products.
  • Research and development professionals to stay on top of competitor initiatives and explore demand for various types of ultrasonic products and to develop new products and for newer applications
  • Business development executives to understand the dynamics of the market and identify possible new markets.
  • Information and research center librarians to provide market researchers and brand and product managers with the information they need to do their jobs more effectively.
SCOPE OF REPORT
 
The report has been prepared in a simple format that can be easily understood with a number of tables and charts/figures. The scope of the report includes a detailed study of global and regional markets for various types of ultrasonic technologies and products with reasons given for variations in the growth of the industry in certain regions.
 
INFORMATION SOURCES
 
Primary information sources for this market research include manufacturers and suppliers of various types of ultrasonic products around the world, raw material suppliers for manufacturing these products, major users of these products, research organizations, governmental agencies, trade associations, and various equipment suppliers. Additional secondary research sources include databases, trade literature, specialized journals, and government statistics. These resources have been researched while compiling this report.
  
ANALYST CREDENTIALS
 
Srinivasa Rajaram is a market research analyst who has authored several reports for BCC Research. He also has worked as a mechanical engineer with more than 40 years of experience in designing factory layouts. He has set up factories for the production of weighing and dynamic balancing machines in India, and has experience in designing, producing, and servicing that equipment. He was Senior Vice President at M/S Schenck Avery Limited, an Indo-German joint venture and has set up ultrasonic inspection facilities for inspection and testing of various components of weighing and dynamic balancing equipment, as well as ultrasonic cleaning of electronic components used in the assembly of printed circuit boards and various display units used in weighing and balancing equipment.

Table of Contents & Pricing

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Note: Reports are discounted or included with certain Memberships. See Membership Options.
 
Published - Aug-2003| Analyst - Patil Balaji| Code - MFG013B

Report Highlights

  • The U.S. ultrasonics market in 2003 stands at $3.5 billion and is projected to rise at an average annual growth rate (AAGR) of 8.5%, to reach $5.35 billion by 2008.
  • Medical ultrasonics, the largest market segment, will see the fastest growth, experiencing an AAGR of 9.8%. New companies are being formed to exploit the technology in the areas of surgical ultrasonics and the nonsurgical therapeutic segments.
  • The transducers market segment is considered very mature, although new and innovative materials and new manufacturing techniques may be expected through continuing research.
  • High-power and low-power industrial applications also are well established. Ultrasonic nondestructive testing, ultrasonic cleaning and ultrasonic welding all are major mature applications.

CUSTOM RESEARCH

Need a custom data table, graph or complete report? Tell us more.

Contact Us
RELATED REPORTS
Share This Report