The Coronavirus has made the future for many industries seem dark and few people seem to look forward to what may be on the horizon. However, in our industry there is some sign of good news of late. According to experts in our industry, the ultrasonic testing market is expected to experience record robust growth once the current pandemic has waned. Moreover, even now some airlines are relaxing some restrictions in parts of the world where the spread of COVID-19 has leveled off somewhat.

The factors that will help propel this growth are the gas and oil industries which commonly use this technology for the inspection of pipes and various systems. The other factor that will fuel this trend is the growth in the consumption and production of crude oil overseas. Even the governments of several Latin American counties have been pressuring private companies to boost oil and gas production. And even though the oil industry is currently suffering a setback due to lack of consumer demand, this eventual comeback is on the horizon by most projections.

On the basis of equipment, the automated ultrasonic testing market can be segmented as follows:

  • Imaging Systems
  • Bond testers
  • Industrial Scanners Tube Inspection Systems
  • Transducers and Probes
  • Thickness Gauges
  • Flaw Detectors

The full report that forms the basis of this access is here. The report provides insights on the following pointers:

Market Penetration

Product Development & Innovation

Market Development

Market Diversification

Competitive Assessment & Intelligence

This is just one of several reports indicating that the future of the aerospace industry is not as cloudy as it seems. Our company supplies the latest, most sophisticated NDT equipment in the world made for the aerospace industry. We keep up-to-date on all developments due to the importance of this growing field. We also know that your asset and the public’s are on the line when machine parts, systems and materials have not been thoroughly inspected. That is why we provide you with equipment like our ultrasonic inspection system and our ultrasonic bubbler systems.