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Ultrasonic Testing Equipment Manufacturing

  • ID: 1934566
  • September 2011
  • 32 pages
  • IBISWorld

FEATURED COMPANIES

  • GE Energy
  • MAJOR COMPANIES.
  • Olympus Corporation
  • MORE

New wave: R&D for new products will increase, boosting demand for testing equipment

Ultrasonic Testing Equipment Manufacturing

Catching a wave

The industry's growth slowed during the recession, in response to weak downstream demand. Nevertheless, demand for ultrasonic testing equipment remains resilient and will continue to grow. New technologies and products will require industry equipment, spurring demand. Furthermore, the industry's reputation for cost-effective, energy-efficient equipment will support continued growth. However, firms will face growing price pressure, as competition from imports heightens.

This industry manufactures ultrasonic testing equipment, such as ultrasonic transducers (which convert electrical energy into sound) and diagnostic machines. Ultrasonic testing is non-destructive and is widely used in construction, engineering, aerospace, automotive and other industrial sectors.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • GE Energy
  • MAJOR COMPANIES.
  • Olympus Corporation
  • MORE

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Note: Product cover images may vary from those shown

MAJOR COMPANIES.

Olympus Corporation

GE Energy

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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