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Ultrasonic Cleaning Market Report 2024 - Ultrasonic Cleaning Market Demand And Size
Ultrasonic Cleaning Market
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According to The Business Research Company's, The ultrasonic cleaning market size has grown strongly in recent years. It will grow from $1.59 billion in 2023 to $1.71 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to a rise in awareness of cleanliness, increasing demand for food sectors, increasing healthcare infrastructure and medical treatments, expansions of the automotive industry, and increasing manufacturing activities.
The ultrasonic cleaning market size is expected to see strong growth in the next few years. It will grow to $2.29 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to increasing demand for improved cleanliness, increasing number of eco-friendly cleaning solutions, rising demand for efficient and effective cleaning methods, rising demand for precision cleaning, and rising demand for food and beverages. Major trends in the forecast period include technological advancements, the adoption of multi-frequency ultrasonic cleaners, integration with the Internet of things, hybrid cleaning technologies, and the adoption of digital ultrasonic cleaners.
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Market Drivers and Trends:
The expansion of the food and beverage industry is expected to propel the growth of the ultrasonic cleaning market going forward. The food and beverage industry encompasses all businesses involved in producing, processing, packaging, distributing, and selling food and drink products. It includes various activities and sectors, from agriculture and farming to food manufacturing and retail. The expansion of the food and beverage industry is due to the growing global population and shifting consumer preferences towards healthier and more convenient food options. Ultrasonic cleaning is employed in the food and beverage industry to maintain high levels of hygiene and sanitation by thoroughly cleaning equipment and components used in food processing, packaging, and distribution. For instance, in October 2023, the Government of Canada reported that in 2022, the export value of processed food and beverage products reached an all-time high of $54.3 billion, marking a 14.1% rise from the previous year and constituting 34.7%. Therefore, the expansion of the food and beverage industry is driving the growth of the ultrasonic cleaning market.
Major companies operating in the ultrasonic cleaning market are focusing on developing innovative technologies, such as ultrasonic 3D printed part cleaning technology, to expedite the post-processing stage of additive manufacturing, reducing the time required to clean and prepare. Ultrasonic 3D printed part cleaning technology is a cleaning method used specifically for removing residual materials and contaminants from 3D printed components using ultrasonic waves. This technology utilizes high-frequency sound waves to create microscopic bubbles in a cleaning solution. For instance, in February 2021, Omegasonics Corporation, a US-based manufacturer of ultrasonic cleaners, introduced an upgraded version of its ultrasonic 3D-printed part cleaning technology. This cutting-edge technology is designed to address the intricate cleaning requirements of 3D-printed parts with unparalleled efficiency and precision. Its key features include customizable cleaning cycles tailored to various materials and geometries, ensuring optimal cleaning without damage. Its enhanced cavitation power reaches complex geometries and fine details, effectively removing support materials and contaminants.
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• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
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• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Emerson Electric Co., Steris PLC, Telsonic AG Group, Crest Ultrasonics Corporation, Kemet International Limited, Roop Telsonics Ultrasonix Limited, Cleaning Technologies Group LLC, L&R Manufacturing, Mettler Electronics Corp., TierraTech S.L, Ultrasonic LLC, Omegasonics Corporation, Morantz Ultrasonics Inc., SharperTek USA LLC, Elma Schmidbauer GmbH, Steelco S.p.A., Blue Wave Ultrasonics LLC, Anmasi Precision Cleaning Equipment A/S, Ultrawave Limited, Pro Ultrasonics, Weber Ultrasonics AG, Unisonics Australia Pty Ltd.
Ultrasonic Cleaning Market 2024 Key Insights:
• The ultrasonic cleaning market size is expected to see strong growth in the next few years. It will grow to $2.29 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%.
• Expansion Of Food And Beverage Industry Drives Growth In Ultrasonic Cleaning Market
• Advancements In Ultrasonic Cleaning Technology For Additive Manufacturing
• North America was the largest region in the ultrasonic cleaning market in 2023
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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