Press release
Acoustic Emission-based NDT Market is anticipated to grow at a CAGR of ~ 7% between 2022 and 2028
Acoustic Emission-based NDT Market 2022 to 2028
The global acoustic emission-based NDT market was valued at ~ US$ 197 Mn in 2013, and is projected to generate a value of US$ 523 Mn by the end of 2019. The acoustic emission-based NDT market is anticipated to grow at a CAGR of ~ 7% between 2018 and 2028.
Acoustic Emission (AE) is a non-destructive testing (NDT) method that uses sound waves to detect and diagnose flaws or defects in materials, structures, and systems. AE technology is widely used in various industries, including aerospace, automotive, manufacturing, oil and gas, and power generation, to perform condition monitoring, prevent equipment failures, and ensure the safety and reliability of structures and systems.
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Persistence Market Research (PMR) recently published a new research analysis on the acoustic emission-based NDT market for the assessment period of 2018-2028. The research study offers a close look at the evolving aspects of the acoustic emission-based NDT market and also about dynamics impacting the market growth. It also focuses on key developments that have made the mark in the acoustic emission-based NDT market and what other developments are on the cards. The report talks about various macro and micro-economic factors responsible for giving in-depth impact on the acoustic emission-based NDT market growth.
Key Companies-
• MISTRAS Group, Inc.
• General Electric
• KRN Services, Inc.
• Score Atlanta
• TÜV Rheinland
• Parker Hannifin Ltd.
• Vallen Systeme GmBH
• Cygnus Instruments
• Cybernetix
• Arudra Engineers Pvt.Ltd.
• SIEVERT - A Bureau Veritas group company
• Beijing Softland Times Scientific & Technology Co. Ltd. and more
The research study on the acoustic emission-based NDT market extensively focuses on the key trends shaping its growth. In addition, opportunity analysis on acoustic emission-based NDT underlines untapped corners for the aspiring players to make a note of. In addition, this research study on acoustic emission-based NDT also offers a panoramic view of the incremental opportunity, which can further help readers and aspiring players to make well-informed decisions.
Several stakeholders in the acoustic emission-based NDT market can rely on the data offered in this research study and delve into pragmatic decision-making. Moreover, information offered in the report also can help new market entrants to expand their bases in the acoustic emission-based NDT market.
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By Technique
• Multiple channel source location technique
• Linear location technique
• Zonal location technique
• Point location technique
By Detection Method
• Sensors
• Piezoelectricity
By Application
• Cranes
• Bridges
• Pipelines
• Pressure Vessels
• Storage Tanks
• Aircrafts
• Bucket Trucks
• Others
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Acoustic Emission-based NDT Market: Research Methodology
A unique and promising research methodology forms the base of the acoustic emission-based NDT market during the forecast period. The report has been prepared after a comprehensive analysis of the market happenings, and riveting insights have been compiled meticulously. The research methodology for the acoustic emission-based NDT market is a two-step process comprising of primary and secondary research. Key stakeholders, including acoustic emission testing equipment suppliers, and service providers and experts of several designations, including executive vice presidents, directors, service engineers, technical advisor, GM marketing professionals, and sales professionals have been interviewed.
The secondary sources referred to garner the report findings include investor presentations of manufacturers, World Bank, IMF, and many other credible sources.
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