Increase in safety regulations by governments and advancements in the new ECT technology drive the global eddy current testing market. PORTLAND, Ore., May 10, 2022 /PRNewswire/ Allied
Ultrasonic Testing Market worth $4.2 billion by 2026 - Exclusive Report by MarketsandMarkets
Ultrasonic Testing Market with COVID-19 Impact by Type (Time-of Flight Diffraction, Immersion Testing), Equipment (Flaw Detectors, Imaging System, and Bond Testers), Service, Vertical, and Geography - Global Forecast to 2026 , published by MarketsandMarkets, the global Ultrasonic Testing Market size is estimated to grow from USD 3.0 billion in 2021 to USD 4.2 billion by 2026, growing at a CAGR of 7.1%. Stringent government regulations regarding public safety & product quality and continuous advances in electronics, automation, and robotics are among a few major factors driving the NDT and inspection markets growth. The high adoption of IoT devices and rising need to assess aging assets health also propel the development of the ultrasonic testing market.