Acoustic Emissions Testing Market Statistics and Research
Acoustic Emissions Testing Market – Overview
The acoustic emission testing market is gaining growth opportunities among consumers. This growth is due to its efficient non-destructive techniques. These methods are important for the sanitary diagnosis of materials and the examination of assets subjected to stress.
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Acoustic emission testing has many applications including corrosion detection, tank bottom testing, and field inspections. In addition, these test methods are also used to inspect nuclear components in different industries. Assessment of aging aircraft and production quality control are other applications of noise emission testing. This wide range of its applications is driving growth opportunities in the acoustic emission testing market.
The solutions in the noise emission testing market are also used to monitor and inspect the infrastructure and materials of countless industries. In addition, various government regulations are also developing favorable conditions for the growth of the Acoustic Emission Testing market. In addition, the aging infrastructure and the versatility of different test techniques can have a positive impact on the acoustic emission testing market. These factors are expected to create lucrative opportunities in the Acoustic Emission Testing market.
The current trend towards miniaturization is also having a significant impact on the growth dynamics of the acoustic emission testing market. Manufacturers in the noise emission testing market are realizing the various advantages of portable devices. Reduction of materials is one of the main advantages which help to reduce the overall cost of production. These acoustic emission test devices require less space to perform inspection activities. This factor can appeal to end users and boost sales opportunities in the noise emission testing market.
It is believed that the emergence of artificial intelligence will create new avenues for growth in the acoustic emission testing market. But there is a critical need for skilled manpower to operate these test devices because of the complexities associated with the functions of the devices. This factor may reduce the growth opportunities in the Acoustic Emission Testing market.
Acoustic Emissions Testing Market – Overview
Acoustic emission testing has gained ground as an effective non-destructive technique for examining assets and diagnosing the health of stressed materials. The applications of noise emission testing have multiplied for field inspections, tank bottom testing, corrosion detection, production quality control, aging aircraft assessment and inspection. nuclear components in many industries.
The noise emission testing market exceeded a value of US $ 230 million in 2017 and is expected to grow at a steady pace. The growing emphasis on the need for effective solutions for the monitoring and inspection of equipment and infrastructure, coupled with government legislated mandates recommending the use of NDT solutions, is likely to create a favorable growth scenario for the acoustic emission testing market. The versatility of the test technique and aging infrastructure is expected to multiply, reflecting the size of the noise emission testing market in the years to come.
Acoustic emissions testing market – Notable developments
In July 2018, a leading German company, TUV Rheinland, announced the expansion of its testing services to Gurugram, India. The installation of the softlines test facility will provide many opportunities for manufacturers and exporters and enable them to develop quality assured products for their consumers.
In June 2018, Ashtead Technology partnered with Cygnus Instruments and Aquatec Group with a forward-looking vision to strengthen its footprint in non-destructive testing as well as inspection capabilities. The company will now be able to offer NDT services in several markets around the world.
Recently, Eddyfi Inc. announced the acquisition of Inuktun, one of the leading NDT robotics companies. The transaction will help expand the product portfolio and expand the company’s customer base alongside expanding the scope of product development and adding qualified NDT inspection experts. .
Some of the largest competitors operating in the competitive landscape of the global Acoustic Emission Testing market include –
Acoustic emissions advice
Exova Group Limited
NDTS India (p) Ltd.
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KRN Services was incorporated in 1991 and is based in Michigan. The company works with a goal of offering the best quality equipment that suits the needs of the customers. Its offer ranges from resonant sensors with and without preamplifiers, specialized sensors, broadband sensors to underwater sensors. The company also specializes in the development of tailor-made noise emission test equipment to meet specific customer requirements.
NDTS India was founded in 2006 and is headquartered in Mumbai. The company works with the goal of helping customers meet the challenges of non-destructive testing and evaluation. She is dedicated to meeting the needs of customers and exceeding their expectations in terms of quality. The company’s offerings range from inspection services, third-party inspection, consulting services, equipment rental to training and certification.
Applus + Laboratories
Applus + Laboratories was established in 1907 in Barcelona as a testing and research entity. The company claims its expertise in developing technical solutions to amplify product competitiveness, fuel innovation and extend its arms to support testing, product development and quality services as well as certification services.
Acoustic emissions testing market – Dynamics
Trend of Miniaturization of Acoustic Emission Test Equipment to Open Greater Sales Prospects
Miniaturization trends will continue to cause a significant paradigm shift in the manufacture of noise emission test equipment. Equipment manufacturers are realizing the advantages of portable devices such as material reduction, which further reduces the overall production cost. The less space requirements for performing inspection activities have attracted end users, and in turn sales of noise emission test equipment are rising sharply. The convergence of artificial intelligence with inspection activities should open up new avenues for the advancement of the acoustic emission testing market.
Sales of acoustic emission testing equipment fall as installation costs rise
End users of noise test equipment stick to conventional NDT methods and are reluctant to adopt noise emission test methods due to their high installation costs. Acoustic emissions test equipment requires a quiet environment to operate, and even low noise exposure hinders its operation. In addition, the complexity of their functions requires a skilled workforce and results in a high training cost per workforce, which has caused reluctance among end users to adopt the equipment. Poor quantitative test method results in terms of inspection size and depth might affect the timeliness of end-user adoption, thereby affecting the growth of the acoustic emission testing market.
North America to Hold Significant Market Share for Acoustic Emissions Testing
Growing concerns about aging infrastructure in developed countries and the consequences of their collapse have generated a scope for effective health asset management solutions. With technological advancements and improved capabilities of the systems, modernist acoustic emission test equipment is used for precise inspection of an area. Cost-effectiveness of the technique remains an important factor increasing the demand for acoustic emission testing techniques.
The growth of the acoustic emission testing market is expected to remain strong owing to favorable government policies and programs to raise awareness of the health check of aging assets, which have filled the information gap among end users in developed countries. A cohort of these factors offers promising growth prospects for the noise emission testing market in North America.
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Acoustic Emissions Testing Market – Segmentation
The Acoustic Emission Testing Market can be divided on the basis of:
Segmentation of the acoustic emission testing market – by equipment
On the basis of equipment, the Acoustic Emission Testing market can be divided into:
Segmentation of the acoustic emission testing market – by service
According to the service, the Acoustic Emission Testing Market can be categorized into:
Acoustic Emission Testing Market Segmentation – By Application
On the basis of application, the Acoustic Emission Testing market can be fragmented on the basis of:
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