Ultrasonics: Technologies and Global Markets

Sep 2022| MFG013G| BCC Publishing
Sample Report

Report Highlights

The global ultrasonic equipment market should reach $158.2 billion by 2027 from $90.4 billion in 2022 at a compound annual growth rate (CAGR) of 11.8% for the forecast period of 2022 to 2027.

Report Includes

  • 175 data tables and 15 additional tables
  • An up-to-date overview and analysis of the global markets for ultrasonic products and technologies
  • Analyses of the global market trends, with product sales data for 2021, estimates for 2022, 2023 and 2025, and projections of compound annual growth rates (CAGRs) through 2027
  • Highlights of the feasible market opportunities by identifying high-growth applications in different areas, with a focus on the largest and expanding markets
  • Estimation of the actual market size for ultrasonic technologies and products, revenue forecast, and corresponding market share analysis segmented by product/equipment type, application, and region
  • Assessment on the global industry development through an in-depth analysis of the major regional markets for ultrasonic technologies and products, including forecasts for growth
  • Updated information on key market drivers and opportunities, industry shifts and regulations, and other demographic factors that will influence the demand in the coming years (2022-2027)
  • Identification of viable technology drivers through a holistic review of various platform technologies for new and existing ultrasonic products and application markets
  • Insight into the increasing investments on R&D activities, key technology issues, industry specific-challenges, major types of end-user markets, and COVID-19 impact on this market
  • Discussion of the competitive landscape of major manufacturers and suppliers of various types of ultrasonic products, their research priorities, product portfolios, and market share analysis based on the segmental revenues
  • Descriptive company profiles of the leading global players, including Accusonics Inc., Baker Hughes, Kistler-Morse, Newtech Ltd., Samsung Medison Co. Ltd. and TE Connectivity

Report Scope

In this report, the market has been segmented based on equipment type, applications and geography. The report provides an overview of the global ultrasonic equipment market and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for the forecast period, 2022-2027. Revenue forecasts for this period are segmented based on equipment type, applications and geography. Market values have been estimated based on the total revenue of ultrasonic equipment providers.

The report covers the market for ultrasonic equipment with regard to the consumer base, across different regions. It also highlights major trends and challenges that affect the market and the vendor landscape. The report estimates the global market for ultrasonic equipment in 2021 and provides projections for the expected market size through 2027.

The scope of the study includes ultrasonic equipment such as motors/actuators, medical equipment, processing equipment, assembling equipment, testing equipment, and ultrasonic flow meters and sensors. However, spares and consumables applicable to the ultrasonic equipment have been excluded from the study.

Frequently Asked Questions (FAQs)

Analyst Credentials

BCC Publishing Staff comprises expert analysts who are skilled in conducting primary research, secondary research and data analysis and have decades of combined experience covering a wide range of industries, including healthcare, advanced materials and emerging technologies. Collectively, the team represents a diverse set of educational achievements with individual graduate work completed in fields such as microbiology, electrical engineering, business administration and surgery, among others.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2022-2027
Base year market size $81.1 billion
Market size forecast $158.2 billion
Growth rate CAGR of 11.8% from 2022 to 2027
Units considered $ Millions
Segments covered Type, Region
Regions covered North America, Europe, Asia-Pacific, South America, Rest of the World (RoW)
Countries covered U.S., Canada, Mexico, Germany, U.K., Spain, France, Italy, Russia, Austria, the Netherlands, China, India, Japan, South Korea, Malaysia, Indonesia, and Taiwan, Brazil, and Rest of South American countries, Middle East, and Africa
Key Market Drivers
  • Rising Demand for Ultrasonic Equipment from Advanced Driver Assistance Systems (ADAS)
  • Integration of Ultrasonic Sensors on Robotics
  • Rising Demand from Food and Packaging Industry
  • Advancement of Dental Technology
  • Increasing Incidence of Chronic Diseases Along with Aging Population
Companies studied
ACCUSONICS INC.
ADVANCED SONIC PROCESSING SYSTEMS
AIRMAR TECHNOLOGY CORP.
ALPINION MEDICAL SYSTEMS CO. LTD.
AMETEK INC.
ANALOGIC CORP.
BADGER METER INC.
BAKER HUGHES CO.
BAUMER INDIA PRIVATE LTD.
BIOVENTUS LLC
BLACKSTONE-NEY ULTRASONICS
BOSTON SCIENTIFIC CORP.
BULLEN ULTRASONICS INC.
CAMBRIDGE ULTRASONICS
CANON MEDICAL SYSTEMS USA INC.
CEDRAT TECHNOLOGIES
CHISON MEDICAL TECHNOLOGIES CO. LTD.
CREST ULTRASONICS CORP.
DANATRONICS CORP.
DUKANE CORP.
EMERSON ELECTRIC CO.
ESAOTE GROUP
FOODTOOLS
FUJIFILM SONOSITE INC.
GE HEALTHCARE LTD.
GRECO BROTHERS INC.
GUANGZHOU DOPPLER ELECTRONIC TECHNOLOGIES CO., LTD.
GUYSON INTERNATIONAL LTD.
HIELSCHER ULTRASONICS GMBH
HONEYWELL INTERNATIONAL INC.
INTERLINK ELECTRONICS INC.
JENSEN FABRICATING ENGINEERS INC.
KEELER LTD.
KISTLER-MORSE
KONINKLIJKE PHILIPS N.V.
L&R MANUFACTURING CO.
MASSA PRODUCTS CORP.
METTLER ELECTRONICS CORP.
MINDRAY NORTH AMERICA
NANOMOTION INC.
NDT SYSTEMS INC.
NEW SCALE TECHNOLOGIES INC.
NEWTECH LTD.
OLYMPUS SCIENTIFIC SOLUTIONS
PEPPERL+FUCHS GMBH
PERO AG
PIE MEDICAL IMAGING BV
PULSAR MEASUREMENT
PHYSIK INSTRUMENTE GMBH & CO. KG
PIEZOMECHANIK GMBH
PROCECO LTD.
ROLENCE ENTERPRISE INC.
SAMSUNG MEDISON CO. LTD.
SCHUNK SONOSYSTEMS GMBH
SHANTOU INSTITUTE OF ULTRASONIC INSTRUMENTS CO. LTD.
SHARPERTEK USA
SIEMENS HEALTHCARE GMBH
SONICLEAN
SONICS AND MATERIALS INC.
SONOMATIC LTD.
SONOTECH GMBH
SONATEST LTD.
SONO-TEK CORP.
SONOTRON NDT
TE CONNECTIVITY
TECHNOLOGY DESIGN
TERASON (TERATECH CORP.)
TOKYO KEIKI INC.
TOMTEC IMAGING SYSTEMS GMBH
TURBO SYSTEMS LTD.
UE SYSTEMS INC.
ULTRASONIC POWER CORP.
WEBER ULTRASONICS GMBH
WESTINGHOUSE ELECTRIC CORP.
YIMEI DENTAL INDUSTRY CO. LTD.
ZETEC INC.

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
Title/Chapter NamePagesPrice Member Price
Full Report: Ultrasonics: Technologies and Global Markets480 $5,500 Free
Chapter- 1: Introduction14Free DownloadFree
Chapter- 2: Summary and Highlights2$250Free
Chapter- 3: Ultrasonics: Market Overview28$324Free
Chapter- 4: Market Breakdown by Type Ultrasonic Equipment99$1,146Free
Chapter- 5: Market Breakdown by Application185$2,142Free
Chapter- 6: Market Breakdown by Region37$428Free
Chapter- 7: Technology Background51$591Free
Chapter- 8: Competitive Landscape19$220Free
Chapter- 9: Company Profiles40$463Free
Chapter- 10: Appendix: List of Acronyms5$58Free
Published - Jun-2016| Analyst - Srinivasa Rajaram| Code - MFG013F

Report Highlights

The global market for ultrasonic equipment should reach $54.5 billion by 2021 from $31.6 billion in 2016 at a compound annual growth rate (CAGR) of 11.5% from 2016 to 2021.

Report Includes

  • An overview of the global markets for ultrasonics and related technologies and products
  • Analyses of global market trends, with data from 2015, estimates for 2016, and projections of compound annual growth rates (CAGRs) through 2021
  • Identification of viable technology drivers through a comprehensive look at various platform technologies for new and existing ultrasound products and application markets
  • An evaluation of ultrasonic market opportunities to help develop targeted promotion plans
  • Information on market player initiatives attempting to meet market demand for various types of ultrasonic products
  • Profiles of major companies in the industry
Published - May-2014| Analyst - Srinivasa Rajaram| Code - MFG013E

Report Highlights

The global ultrasonic market reached nearly $21.5 billion in 2013. This market is expected to grow to nearly $26.6 billion in 2015 and $45.2 billion in 2020 with a compound annual growth rate (CAGR) of 11.2% over the five-year period from 2015 to 2020.

Report Includes

  • An overview of the global market for ultrasonics and related technologies and products.
  • Analyses of global market trends, with data from 2013, estimates for 2015, and projections of compound annual growth rates (CAGRs) through 2020.
  • Identification of viable technology drivers through a comprehensive look at various platform technologies for new and existing ultrasound products and application markets
  • An evaluation of ultrasonic market opportunities to help develop targeted promotion plans
  • Information on market player initiatives attempting to meet market demand for various types of ultrasonic products
  • Profiles of major companies in the industry.
Published - May-2011| Analyst - Srinivasa Rajaram| Code - MFG013D

Report Highlights

The global market for ultrasonic equipment in 2010 was nearly $16.4 billion and is estimated at $17.5 in 2011 and $27.7 billion in 2016.  The compound annual growth rate (CAGR) for the 5-year period from 2011 to 2016 will be 9.6%.

Published - May-2008| Analyst - Srinivasa Rajaram| Code - MFG013C

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.
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.

Ultrasonics: Technologies and Global Markets

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