Global Ultrasonic Technologies Market Overview:
Ultrasonic technology offers and processes using the oscillating sound of tremendously high-frequency Ultrasonic waves are mechanical vibrations which are used to choose the structural integrity of materials. It is mostly used to determine thickness measurements, study metallurgy. It helps in the manufacturing industry with its superior performance. All the tasks performed with this ultrasonic method produce the best outcomes and are cost-effective. Some of the key players profiled in the study are Advanced Sonic Processing Systems (United States), Airmar Technology Corp. (United States), Baumer Electric Ag (Switzerland), Branson Ultrasonic Corp. (United States), Cameron Measurement Systems (United States), GE Healthcare, Ltd. (United States), Siemens Ag (Germany), Tokyo Keiki, Inc. (Japan), Toshiba America Medical Systems, Inc. (United States) and Hitachi Medical Corporation (Japan).
On the basis of geography, the market of Ultrasonic Technologies has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Usage, the sub-segment i.e. Ultrasonic Homogenizing will boost the Ultrasonic Technologies market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Fueling Usage in Manufacturing Process
- Up Surging Demand Due To Application in Monitoring the Usage of Water
- High Adoption in Healthcare Sector
- Growing Use of Oscillating Sound Of Very High Frequency
- Rising Environmental Concern
- Huge demand in Various End-User Industry
- Technological Advancements in Ultrasonic Technology
- Increasing Issue Regarding Absorption Of Sound
On 30th November 2018, AIRMAR Technology Corporation, a world leader in ultrasonic sensor technology has launched the 150WXRS WeatherStation®, an all-in-one ultrasonic sensor designed for real-time, site-specific weather information. In addition to proven, reliable performance under extreme conditions, the company’s newest weather instrument features the critical component of accurate and reliable measurement of rain intensity, duration, and accumulated rainfall.
The companies are exploring the market in new regions by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. Key players are exploring new geographies through expansions and acquisitions across the globe to avail a competitive advantage through combined synergies.
Target Audience:Government Sectors, Academic Institutions, Technology Integrators and Service Providers, Regulatory and Research Organizations, Research and Consulting Firms and Other
Major Objectives Focused through this Study To define, describe, and forecast the Global Ultrasonic Technologies market on the basis of product [Motor/Actuator Technology, Medical Technology, Processing Technology, Assembling Technology and Testing Technologies] , application [Food & Beverage, Pharmaceutical & Medical Devices, Paint & Pigments and Personal Care], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Ultrasonic Technologies market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Ultrasonic Technologies industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Tokyo Keiki (Japan) and Yimei Dental Industry Co., Ltd (China).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Ultrasonic Technologies market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.