Textiles Home Décor Market Analysis with Business Opportunities, Survey And Growth Forecast 2020-2027

A recently published report of Transparency Market Research (TMR) has listed key companies underpinning expansion of the global home décor textiles market, which are Mannington Mills, Inc., Companhia de Tecidos Norte de Minas, Kurlon Enterprise Limited, American Textile Company, Inc., Leggett & Platt, Incorporated, Nitori Holdings Co., Ltd., Williams-Sonoma, Inc., Berkshire Hathaway Inc., Ashley Furniture Industries, Inc., Mohawk Industries, Inc., and Inter Ikea Systems B.V.

Sensing the overall opportunities in the home décor market, prominent manufacturers are focusing on increasing capacity expansion and setting up new plants. For example, Welspun India opened a new plant in Anjar, Gujarat, India recently, and made a foray into flooring solutions segment. The facility had an annual capacity of nearly 7 million square meters, with 50% of the production primed for emerging markets. Bombay Dyeing, another prominent player in the market, is focusing on massive revamp of its home textile business by investing over US$ 15 million in the brand. The company also plans to increase its total revenues to US$ 150 million by the end of 2020.

The report has foreseen the global market for home décor textiles to record an impressive CAGR over the period of forecast, 2018 to 2027. Demand for home décor textiles is expected to remain influenced by growing consumer confidence, capacity expansions by the market players, social responsibility & sustainability trends, and booming ecommerce sector. Revenues from worldwide sales of home décor textiles are envisaged to exceed US$ 185,000 Mn by 2027-end.

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Asia-Pacific excluding Japan (APEJ) will continue to dominate the global textiles home décor market. Emerging countries of Asia-Pacific excluding Japan (APEJ), such as China and India, have remained global leading exporters of home textiles. Manufacturers and exporters of home textiles in India have recorded higher profit margins. Government of India, realizing growth potential in home textiles, extended 60 billion rupees, i.e., over US$ 900 Mn apparel package to its home textile industry.

The Chinese home textile industry is currently focusing more on garments business. Considering the U.S. home textile imports, China will continue to be dominant, with relatively larger number of shipments compared to other APEJ countries.

Bed Linen to Remain Most Lucrative Product in the Market

Bed linen is expected to prevail as the most remunerative product in the global textiles home décor market, with an estimated revenue share of over 33% during 2018 to 2027. Demand for bed linen is likely to grow at a brisk pace, with a steady stream of opportunities expected to emerge in both developed and developing markets. Sensing the lucrativeness of this segment, manufacturers are focusing on consolidating their position.

However, a key challenge for stakeholders in this segment is the highly fragmented presence of unorganized players. In a bid to counter the challenges from the unorganized sector, leading players are focusing on offering entry-level bed linens that are priced attractively.

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E-commerce to Spearhead the Market based on Distribution Channel

With over one-third market revenue share during the period of forecast, e-commerce will continue to lead the global textiles home décor market, based on distribution channels. The availability of a wide range of home décor textiles on e-commerce websites has led to a spike in sales, as a number of consumers living in tier II and suburban areas are now able to avail door-step delivery of their favorite brands.

Indoor applications of home décor textiles are expected to account for bulk revenue share of the market. However, revenues from outdoor applications of home décor textiles will increase at a relatively higher CAGR through 2027.

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Hospital Disinfectant Products Market Is Expected To Show Significant Growth Post COVID-19 over the Forecast Period 2020-2026

According to a new market report published by Transparency Market Research titled ‘Hospital Disinfectant Products Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,’ the global hospital disinfectant products market was valued at US$ 10,845.74 Mn in 2017. It is expected to reach US$ 17,192.96 Mn in terms of revenue by 2026, expanding at a CAGR of 5.3% from 2018 to 2026. The market in Asia Pacific is likely to expand at a rapid growth rate during the forecast period from 2018 to 2026, due to increase in prevalence of infectious diseases in countries in Southeast Asia, presence of a large number of distribution channels, and launch of new hospital disinfectant products by major manufacturers.

Factors such as increase in number of hospital-acquired/associated infections (HAI) across regions, increase in the number of minimally invasive surgeries, and rise in need for extensive use of medical instruments are expected to increase the demand for hospital disinfectant products during the forecast period. Apart from this, rise in stringent regulations in the medical sector regarding maintaining hygiene and cleanliness is expected to increase the adoption of hospital disinfectant products during the forecast period.

In terms of type, the liquid segment is likely to offer significant expansion opportunities as liquid disinfectants are easy to reach surfaces or corners and are long lasting.

In terms of skin care, the hand sanitizer segment is expected to maintain its market share due to increasing implementation of cleanliness and hygiene regulations mandated by state authorities, which is expected to boost the growth of the hospital disinfectant products market across the world during the forecast period 2018 – 2026.

In terms of surface cleaner, floor cleaners and toilet cleaners are expected to be the most attractive segments as compared to other segments during the forecast period. The rise in number of chronic diseases and increase in surgical procedures are expected to boost the use of surface cleaners.

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In terms of air cleaner, the air neutralizer segment is expected to expand at a robust pace during the forecast period. Rising concerns related to asthma, respiratory disorders, and allergies due to degrading air quality, and government initiatives to control air pollution are likely to create considerable opportunities for the air neutralizer segment during the forecast period.

The water cleaner products market is expected to expand at a rapid pace during the forecast period. Increase in awareness about water safety and quality, scarcity of potable water resources, and rising health concerns are expected to boost the water cleaner products market.

In terms of disinfectant instrument & accessories, the air purifier segment captured majority share in the market due to rise in indoor air pollution. Water sterilizers hold the second largest share, followed by hand sanitizer dispenser and is expected to maintain their market share during the forecast period.

In term of surveillance provider, antimicrobial stewardship holds the major share and is expected to maintain its share during the forecast period. In term of CAGR, infection prevention segment is expected to expand at the fastest rate during the forecast period.

Based on region, Europe accounted for a dominant share of the hospital disinfectant products market in 2017. North America also accounted for a prominent share in the market. The market in North America is primarily driven by the rapidly increasing geriatric population and their admission to hospitals, high adoption of surgical treatment in clinics, and the rising incidence of infectious diseases among the population in the U.S.

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Prominent market players profiled in the research report include Colgate-Palmolive Company, Contec Inc., Becton, Dickinson And Company, Ecolab Inc., Georgia-Pacific LLC, GOJO Industries, Inc., Henry Schein Inc., Johnson & Johnson, Kimberly-Clark Corporation, Reckitt Benckiser plc., S. C. Johnson & Son, Inc, The Clorox Company, The Procter & Gamble Company, 3M Company, Belimed AG, Getinge AB, SAKURA SI Co. Ltd, Steelco S.p.A., STERIS PLC, Terragene S.A., Tuttnauer, Atlas Medical Software, Baxter International Inc, Premier, Inc., Quantros, Inc., RL Solutions, Truven Health Analytics Inc., VigiLanz Corporation, and Wolters Kluwer N.V.

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PoE Chipsets Market to Witness Astonishing Growth by Forecast 2023

Power over Ethernet (PoE) is the latest technology that provides transfer of electrical signals and required data over prevailing cabling. In addition, it provides diverse methods for avoiding the use of separate power cords. This market is projected to witness significant growth throughout the forecast period. The research study on the global PoE chipsets market provides a detailed analysis, presenting insights into the major factors that are estimated to impact the growth of the global market in the next few years. The key segmentation, primary applications, technological advancements, and the competitive landscape of the global PoE chipsets market have been presented in the research study. A list of the prominent players has also been provided in the scope of the research report.

Global PoE Chipsets Market: Drivers and Barriers

The growing power prices and the increasing demand for data centers are projected to fuel the growth of the global PoE chipsets market in the next few years. In addition, the rising Internet of Things standards diversity and the growing implementation of optical fiber cable for communication are expected to offer promising opportunities for the leading players in the global market.

On the other hand, the rising adoption of wireless communication technologies, network security, and the rising concerns related to interoperability are some of the factors that are anticipated to restrict the growth of the global PoE chipsets market in the forecast period. Nevertheless, the tremendously rising demand for data and the rising transition to 10Gbe and 40Gbe switching ports are predicted to contribute significantly towards the development of the global PoE chipsets market in the coming years.

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Global PoE Chipsets Market: Regional Outlook

From a geographical perspective, the global market for PoE chipsets has been classified into Asia Pacific, Europe, North America, and the Rest of the World. According to the study, North America is projected to lead the global market and account for a key share in the near future. A significant contribution from North America and the rising number of applications in diverse industries are some of the important factors that are expected to encourage the growth of the market in the coming years. In addition, the increasing investment by governments in this field is likely to offer opportunities for the leading players in North America.

Furthermore, the rising adoption of Ethernet switches, owing to the availability of a large number of data centers that are being operated by government agencies, enterprises, telecommunication service providers, and certified safety professionals. Moreover, the availability of high-speed internet across several countries is expected to drive the demand for PoE chipsets in the coming years. Furthermore, Europe and Asia Pacific are estimated to witness significant growth in the next few years.

Companies Mentioned in the Research Report

The global PoE chipsets market is extremely competitive and fragmented in nature with the presence of a large number of players operating in it. Some of the prominent players included in the research study are Shenzhen Brother Young Development Co. Ltd., Shenzhen Century Xinyang Tech Co. Ltd., Shenzhen Lianrui Electronics Co. Ltd., Beijing Dongda Jinzhi Technology Co. Ltd., Flexcomm Technology Limited, Shenzhen HTF Electronic Co. Ltd., and Shenzhen Gainstrong Technology Ltd.

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As per the research study, the competition among the leading players is expected to become intense throughout the forecast period. These players are competing on the basis of cost, technology, brand name, and distribution network. In addition, the growing focus of key players on new product development and innovations is expected to supplement the growth of the overall market in the next few years. A detailed analysis of the company players has been provided in the scope of the research report.

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Passive and Interconnecting Electronic Components Market Development Assessment and Industry Expansion Strategies 2024

The burgeoning demand for combined modules such as system-on-a-chip and multichip is providing a significant momentum to the global market for passive and interconnecting electronic components. They form an indispensable part of the electronics industry and therefore, the growing trend of automation is benefitting the market. The lower prices, good availability, and shorter lead times of these components are auguring well for the profitability of manufacturers, thereby reflecting positively on the overall revenue generation of the market.

The report presents a 360-degree view of the global passive and interconnecting electronic components market. Primary and secondary research have come into play while collating this research report. Various paid and unpaid sources such as white papers, presentations, press releases, and journals have been referred to compile this study. The report serves as a reliable business tool with extensive information regarding various critical parameters of the market including its dynamics, geographical segmentation, and competitive landscape. It profiles key players in the market along with their latest developments, market shares, and business strategies.

Global Passive and Interconnecting Electronic Components: Drivers and Restraints

The growth of the global passive and interconnecting electronic components market is primarily supplemented by the continuous innovations and introduction of advanced and efficient technologies in the electronics industry. The proliferation of consumer electronics such as portable music players, digital cameras, laptops, and gaming consoles is providing a considerable push to the market. Moreover, the increasing incorporation of infotainment and navigation features such as global positioning systems (GPS) in automobiles is working in favor of the growth of the market. The emergence of remote communication facilities is also contributing to the growth of the market.

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Despite the tremendous potential, the growth of the market is adversely affected by the overall drop in the global commodity prices. Furthermore, with the rising advancements to ensure high functionality, the complexity of passive and interconnecting electronic components is increasing. This, in turn, is negatively influencing the growth of the market.

Global Passive and Interconnecting Electronic Components: Segmentation Analysis

The global passive and interconnecting electronic components market can be broadly classified into passive electronic components and interconnecting electronic components. Passive electronic components can be further divided into resistors, inductors, transformers, and capacitors. The sub-segments of interconnecting electronic components are printed circuit boards, relays and switches, connectors, and others. Both passive and interconnecting components have a widespread adoption across industries such as consumer electronics, automotive, healthcare, telecommunication, defense services, industrial, and information technology (IT).

Based on geography, the market can be categorized into North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific is poised to experience a robust growth over the forecast horizon owing to the rising demand for electronic components from various industrial verticals including consumer electronics, healthcare, telecommunication, and IT. The shift towards higher communication standards such as 4G LTE and 5G is likely to positively influence the growth of the market. Moreover, the rapidly growing number of internet users in countries such as India and China is boosting the demand for these components in the region.

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Global Passive and Interconnecting Electronic Components: Competitive Landscape

The presence of a large number of players in the global passive and interconnecting electronic components market is resulting in intense competition. Some of the key players in the market are API Electronics Inc., EDAC Inc., Hosiden Corp, AVX Corporation, AB Connectors Limited, Cisco Systems Inc., American Electronic Components Inc., Philips Electronics NV, Fujitsu Component Limited, Yageo Corporation, Panasonic Electronic Devices Co. Ltd, Delphi Connection Systems, and Hirose Electric Co. Ltd.

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Industrial Turbocharger Market Analysis To Register Significant Growth Globally By 2024

Power or efficiency of a motor or engine determines the overall mechanism of a machine. The volume of fuel and air passing into the inner combustion engine under huge pressure dictates the output of the engine. Industrial turbochargers are examples of forced induction systems since they supply high pressure exhaust gas towards the engine, and make greater amount of air obtainable for combustion. This enhances the functioning ability of an engine almost up to thrice and a turbocharger generally contributes to about three quarters of the power of the engine.

Fuel efficiency norms are projected to enhance the utility of industrial turbochargers in nearly half of the light vehicles, and thus boost the global industrial turbocharger market revenue. Rise in oil prices continue to boost growing fuel effectiveness in engines. This in turn accelerates growth in the global market to a great extent. Another trend encouraging market development is strict emission regulations. Emission norms are fixed off compulsory guidelines regulating many air pollutants, solid or gaseous emitted into the environment by human activity.

Hereby industrial turbochargers are designed for protection of the environment, maintenance of human health, and efficient usage of resources. Other drivers for the industrial turbochargers market are corporate average fuel economy standards, predictive strategy of maintenance, targets of carbon emission, rising market for market of passenger vehicles, and trend of engine downsizing.

One of the key restraining forces dictating the global industrial turbocharger market is the fact that diesel soaps disrupt turbochargers. Besides, these turbochargers are essential parts of ships, mining, power generators, and construction equipment. Hence unforeseen breakdown and malfunctioning can adversely affect the functioning of these machines, and this can have dangerous consequences. Strategies for maintenance are of paramount importance to the optimal functioning of the industrial turbochargers.

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Moreover, this market will in all probability remain dominant in the top manufacturers of auto components globally since market players need substantial space for plants and different equipment for making turbochargers. Hence they require considerable amount of capital for establishing facilities, purchasing raw materials, producing products, and be responsible for marketing them for potential clients. The other restraint is low inclination towards passenger cars running on diesel.

However, the global industrial turbocharger market has medium barriers to entry. There are no government regulations, licensing needs or resource constraints adequate enough for preventing the entry of operators into this market. In the years ahead, even gasoline turbochargers are forecast to penetrate the market at a decent rate.

The global industrial turbocharger market can be segmented on the basis of end-user industries, and geography.  On the basis of geography, the market is divided into marine, agricultural equipment, construction and mining equipment, power, and oil and gas. In general, the construction and mining equipment segment has been dominating the market in terms of market share. This market includes the usage of powerful, heavy duty equipment and machines, such as cranes, excavators, and demolition grapples dependent on turbochargers to enhance the power output of their engine. The constant infrastructural development practices in every major nation worldwide and the growing demand from pharmaceuticals, automotive, and food and beverage industries will propel the growth in case of this segment.

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On the basis of geography, the global industrial turbocharger market can be segmented into North America, Asia Pacific, Latin America, and the region of Europe, Middle East and Africa. In this market, the key vendors are Cummins, ABB, Honeywell, Napier Turbochargers, Mitsubishi Heavy Industries, Niitsu, Brogwarner, MTU, Bosch Mahle TurboSystems, Lianoing Rong Li Turbocharge, Precision Turbo and Engine, and Comp Turbo Technology.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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Utility Drones Market Competitive Breakdown and Regional Forecast 2020-2026

Drones, also known as unmanned aircraft systems (UASs) or unmanned aerial vehicles (UAVs) are unmanned aircrafts that are remotely controlled. Utility drones are unmanned aircrafts that are used in utility industries. These drones provide services such as surveying, inspection, and maintenance of power generation, transmission and distribution systems across the world. The power components that are monitored include wind turbine farms and turbine blades, solar panel arrays, distribution and transmission cell towers, cooling towers and chimney, sub-stations, power lines and other power distribution components.

Utility drones are equipped with infra-red cameras of very high resolution that can capture minute details in a power infrastructure. Through these cameras, drones take detailed images of power infrastructure. The infra-red cameras also have thermal imaging and LIDAR (Light Detection and Ranging) capabilities which helps drones to detect overheated power components such as overheating of cables, transformers, etc. These drones first capture images that are sent for analysis, and preventative actions are taken based on data analysis. Utility drones help in assessment of damage to power lines in case of a storm and help in creating 2D / 3D models of power infrastructure that helps in locating defects in power infrastructure. Utility drones also help in detection of intruder vehicles in a power infrastructure site and help in management of vegetation which encroach the power infrastructure.

In the U.S., Federal Aviation Administration has passed a regulation for commercial use of drones in the power sector. This is increasing the demand for use of commercial drones in the power and utility sector in the U.S. and other North American regions. Using manpower in power transmission and distribution infrastructure inspection is costly and risky. Utility drones can be used effectively in managing power infrastructure assets. Inspection of power infrastructure by a drone consumes very little time when compared to time consumed in manual inspection of power infrastructure, thus saving man-hour and cost. This is leading to increasing demand for drones in managing power infrastructure assets.

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Rising industrialization in emerging economies such as China, India, and other Asia Pacific countries are increasing the demand for power which is subsequently increasing the number of power transmission and distribution towers and power infrastructure assets. Rising power infrastructure assets is increasing the demand for surveying, inspection, and maintenance of these assets which is subsequently increasing the demand for utility drones in the power and utility sector in the Asia Pacific region.

In terms of type, the global utility drones market is segmented into multi-rotor and fixed wing. Based on services, the utility drones market is divided into end-to-end solution and point solution. Based on end-use industry, the utility drones market is segmented into conventional power and renewable power. The conventional power industry is further sub-segmented into power generation and power transmission & distribution. Renewable power industry is also further sub-segmented into solar and wind energy.

By geography, the global utility drones market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Among all the regions, North America is a prominent market. The U.S. is anticipated to be the largest utility drones market in North America followed by Canada. Europe is a significant utility drones market, with Germany expected to be the largest market in the region. The U.K., France, Spain, and Italy are other prominent utility drones market in Europe.

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In Asia Pacific, China is anticipated to be the largest market, and India, Japan, and South Korea are other prominent markets in the region. Middle East & Africa is another prominent market. GCC (Gulf Cooperation Council) countries are expected to constitute the largest market in the region. In Africa, South Africa is a major utility drones market. South America is another significant utility drones market, dominated by Brazil which is followed by Argentina.

Major companies operating in the global utility drones market are Aerodyne Group, Asset Drone, ABJ Drones, Cyberhawk, Delair, Hemav, Measure, Terra Drone Corporation, Sky-Futures Ltd., and PrecisionHawk among others.

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Ultrasonic Testing Equipment Market Analysis with Business Opportunities, Survey And Growth Forecast 2020-2027

According to a new market research report titled ‘Ultrasonic Testing Equipment Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027,’ published by Transparency Market Research , the global ultrasonic testing equipment market is expected to reach value of US$ 1,868.3 Mn by 2027, expanding at a CAGR of 7.8% from 2019 to 2027. According to the report, the global market is expected to be influenced by continuously rising demand for ultrasonic test equipment for use in the inspection of pipelines in the oil & gas industry during the forecast period. Similarly, other industries, such as power generation, aerospace & defense, automotive, manufacturing, construction, and medical, are also influenced by increased adoption of the ultrasonic testing technology to detect flaws, cracks, voids, and discontinuity in the product or material.

This increased adoption of ultrasonic testing can directly augment the ultrasonic testing equipment market. In terms of demand, North America is projected to lead the global market for ultrasonic testing equipment, with the market in the region expanding at a CAGR of 7.8% between 2019 and 2027. Increasing investments in the oil & gas industry for safe transportation of oil and gases through pipelines and stringent government regulations about safety and quality controls are anticipated to significantly drive the market during the forecast period.

Rising demand for weld technology for use in oil and gas pipelines

The global ultrasonic testing equipment market is projected to expand at a significant rate during the forecast period, due to increasing demand for use of the weld technology in oil and gas pipelines. At the global level, oil and gases are primarily transported by four mediums: rail, trucks, boats, and pipelines. Among these, 100% of natural gas is transported by pipelines, owing to difficulty in and the cost of transforming natural gas into liquid form.

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Also, 70% of crude oil and petroleum products are shipped by pipelines in the U.S. Demand for safe transportation of these explosive gases leads to high demand for ultrasonic testing of the weld technology for pipelines. For this testing, various ultrasonic testing equipment are used across the globe. Apart from the oil & gas industry, ultrasonic testing equipment are increasingly being used in various sectors, such as aerospace & defense, automotive, medical, and construction, in order to identify faults, if any, in the manufacture of components. This testing ensures structural integrity and quality of products. This can make the product or system more efficient in terms of performance and reliability. This is projected to augment the demand for ultrasonic testing equipment across the world in the next few years.

Global Ultrasonic Testing Equipment Market: Scope of Report

The global ultrasonic testing equipment market has been broadly segmented based on product, component, technique, end-use industry, and region. In terms of product, the market has been divided into flaw detectors, thickness gauges, ultrasonic scanners, and others. Among these, the flaw detectors segment holds a significant share of the market, owing to portability and ease of use offered by flaw detectors. Ultrasonic flaw detectors are small-sized, portable, microprocessor-based instruments suitable for both shop and field use. They generate and display an ultrasonic waveform that enables a trained operator to locate and categorize flaws in test pieces, often with the aid of analysis software. The flaw detectors segment is anticipated to expand at a CAGR of 7.9% during the forecast period. In terms of component, the ultrasonic testing equipment market has been classified into hardware and services.

Among these, the hardware segment held a prominent share of the global market in 2018 and is further expected to maintain its dominance throughout the forecast period. In terms of technique, the market has been categorized into conventional and advanced. The advanced segment comprises several testing techniques such as time-of-flight diffraction, phased array, long-range ultrasonic testing (LRUT), and others. Owing to continuous innovations in ultrasonic testing techniques, the advanced segment is anticipated to hold ~80% share towards the end of the forecast period. Based on end-use industry, the global ultrasonic testing equipment market has been classified into oil & gas, aerospace & defense, power generation, automotive, manufacturing, and others. The oil & gas segment is expected to consistently lead the ultrasonic testing equipment market owing to increasing investments in the oil & gas industry.

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In terms of geography, the global ultrasonic testing equipment market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. In 2018, North America was the leading market, followed by Europe. The market in Asia Pacific is expected to expand at a highest CAGR of 8.2% from 2019 to 2027.

Global Ultrasonic Testing Equipment Market: Competition Scenario

Key players operating in the global ultrasonic testing equipment market are focusing on the development of new products and their introduction in the market so as to gain a competitive edge and improve their brand positioning in the market. Currently, two players i.e. Olympus Corporation and Sonatest Ltd. generate the maximum revenue. Other players operating in the market are Baker Hughes, LLC (a GE company), TecScan System Inc., Ndt Systems Inc., Cygnus Instruments Inc., Amerapex Corporation, Zeal International, Ametek, Inc., and Eddyfi NDT Inc.

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