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Global Laser Ultrasonic Testing Services Supply, Demand and Key Producers, 2023-2029

August 2023 | 96 pages | ID: G7E30911A9DAEN
GlobalInfoResearch

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The global Laser Ultrasonic Testing Services market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

Laser ultrasonic testing (LUT) is a non-contact and non-destructive detection technology that uses lasers as detectors and data readers to detect material defects by detecting internal ultrasonic waves. The basic principle of this technology is to use a laser beam to generate instantaneous thermal expansion on the surface of the material, thereby releasing ultrasonic waves, and then measure the velocity and amplitude of the ultrasonic waves propagating inside the material. By processing and analyzing the detection signal, information such as the type, shape, size, and location of defects in the material can be determined.

Compared with traditional ultrasonic testing technology, laser ultrasonic testing has advantages such as higher detection sensitivity, higher spatial resolution, and larger detection depth. It is widely used in aerospace, automotive, shipbuilding, power, petroleum, and other fields, as well as material science, manufacturing processes, and safety monitoring.

This report studies the global Laser Ultrasonic Testing Services demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Laser Ultrasonic Testing Services, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Laser Ultrasonic Testing Services that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Laser Ultrasonic Testing Services total market, 2018-2029, (USD Million)

Global Laser Ultrasonic Testing Services total market by region & country, CAGR, 2018-2029, (USD Million)

U.S. VS China: Laser Ultrasonic Testing Services total market, key domestic companies and share, (USD Million)

Global Laser Ultrasonic Testing Services revenue by player and market share 2018-2023, (USD Million)

Global Laser Ultrasonic Testing Services total market by Type, CAGR, 2018-2029, (USD Million)

Global Laser Ultrasonic Testing Services total market by Application, CAGR, 2018-2029, (USD Million)

This reports profiles major players in the global Laser Ultrasonic Testing Services market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include TWI Ltd, Intelligent Optical Systems, Inc. (IOS), IPG Photonics, Swerim and Tecnar, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Laser Ultrasonic Testing Services market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Laser Ultrasonic Testing Services Market, By Region:
  • United States
  • China
  • Europe
  • Japan
  • South Korea
  • ASEAN
  • India
  • Rest of World
Global Laser Ultrasonic Testing Services Market, Segmentation by Type
  • In-line Laser Ultrasonic Testing Services
  • Off-line Laser Ultrasonic Testing Services
Global Laser Ultrasonic Testing Services Market, Segmentation by Application
  • Aerospace
  • Automobile
  • Marine
  • Oil & Gas
  • Industrial Manufacturing
  • Others
Companies Profiled:
  • TWI Ltd
  • Intelligent Optical Systems, Inc. (IOS)
  • IPG Photonics
  • Swerim
  • Tecnar
Key Questions Answered

1. How big is the global Laser Ultrasonic Testing Services market?

2. What is the demand of the global Laser Ultrasonic Testing Services market?

3. What is the year over year growth of the global Laser Ultrasonic Testing Services market?

4. What is the total value of the global Laser Ultrasonic Testing Services market?

5. Who are the major players in the global Laser Ultrasonic Testing Services market?

6. What are the growth factors driving the market demand?
1 SUPPLY SUMMARY

1.1 Laser Ultrasonic Testing Services Introduction
1.2 World Laser Ultrasonic Testing Services Market Size & Forecast (2018 & 2022 & 2029)
1.3 World Laser Ultrasonic Testing Services Total Market by Region (by Headquarter Location)
  1.3.1 World Laser Ultrasonic Testing Services Market Size by Region (2018-2029), (by Headquarter Location)
  1.3.2 United States Laser Ultrasonic Testing Services Market Size (2018-2029)
  1.3.3 China Laser Ultrasonic Testing Services Market Size (2018-2029)
  1.3.4 Europe Laser Ultrasonic Testing Services Market Size (2018-2029)
  1.3.5 Japan Laser Ultrasonic Testing Services Market Size (2018-2029)
  1.3.6 South Korea Laser Ultrasonic Testing Services Market Size (2018-2029)
  1.3.7 ASEAN Laser Ultrasonic Testing Services Market Size (2018-2029)
  1.3.8 India Laser Ultrasonic Testing Services Market Size (2018-2029)
1.4 Market Drivers, Restraints and Trends
  1.4.1 Laser Ultrasonic Testing Services Market Drivers
  1.4.2 Factors Affecting Demand
  1.4.3 Laser Ultrasonic Testing Services Major Market Trends
1.5 Influence of COVID-19 and Russia-Ukraine War
  1.5.1 Influence of COVID-19
  1.5.2 Influence of Russia-Ukraine War

2 DEMAND SUMMARY

2.1 World Laser Ultrasonic Testing Services Consumption Value (2018-2029)
2.2 World Laser Ultrasonic Testing Services Consumption Value by Region
  2.2.1 World Laser Ultrasonic Testing Services Consumption Value by Region (2018-2023)
  2.2.2 World Laser Ultrasonic Testing Services Consumption Value Forecast by Region (2024-2029)
2.3 United States Laser Ultrasonic Testing Services Consumption Value (2018-2029)
2.4 China Laser Ultrasonic Testing Services Consumption Value (2018-2029)
2.5 Europe Laser Ultrasonic Testing Services Consumption Value (2018-2029)
2.6 Japan Laser Ultrasonic Testing Services Consumption Value (2018-2029)
2.7 South Korea Laser Ultrasonic Testing Services Consumption Value (2018-2029)
2.8 ASEAN Laser Ultrasonic Testing Services Consumption Value (2018-2029)
2.9 India Laser Ultrasonic Testing Services Consumption Value (2018-2029)

3 WORLD LASER ULTRASONIC TESTING SERVICES COMPANIES COMPETITIVE ANALYSIS

3.1 World Laser Ultrasonic Testing Services Revenue by Player (2018-2023)
3.2 Industry Rank and Concentration Rate (CR)
  3.2.1 Global Laser Ultrasonic Testing Services Industry Rank of Major Players
  3.2.2 Global Concentration Ratios (CR4) for Laser Ultrasonic Testing Services in 2022
  3.2.3 Global Concentration Ratios (CR8) for Laser Ultrasonic Testing Services in 2022
3.3 Laser Ultrasonic Testing Services Company Evaluation Quadrant
3.4 Laser Ultrasonic Testing Services Market: Overall Company Footprint Analysis
  3.4.1 Laser Ultrasonic Testing Services Market: Region Footprint
  3.4.2 Laser Ultrasonic Testing Services Market: Company Product Type Footprint
  3.4.3 Laser Ultrasonic Testing Services Market: Company Product Application Footprint
3.5 Competitive Environment
  3.5.1 Historical Structure of the Industry
  3.5.2 Barriers of Market Entry
  3.5.3 Factors of Competition
3.6 Mergers, Acquisitions Activity

4 UNITED STATES VS CHINA VS REST OF THE WORLD (BY HEADQUARTER LOCATION)

4.1 United States VS China: Laser Ultrasonic Testing Services Revenue Comparison (by Headquarter Location)
  4.1.1 United States VS China: Laser Ultrasonic Testing Services Market Size Comparison (2018 & 2022 & 2029) (by Headquarter Location)
  4.1.2 United States VS China: Laser Ultrasonic Testing Services Revenue Market Share Comparison (2018 & 2022 & 2029)
4.2 United States Based Companies VS China Based Companies: Laser Ultrasonic Testing Services Consumption Value Comparison
  4.2.1 United States VS China: Laser Ultrasonic Testing Services Consumption Value Comparison (2018 & 2022 & 2029)
  4.2.2 United States VS China: Laser Ultrasonic Testing Services Consumption Value Market Share Comparison (2018 & 2022 & 2029)
4.3 United States Based Laser Ultrasonic Testing Services Companies and Market Share, 2018-2023
  4.3.1 United States Based Laser Ultrasonic Testing Services Companies, Headquarters (States, Country)
  4.3.2 United States Based Companies Laser Ultrasonic Testing Services Revenue, (2018-2023)
4.4 China Based Companies Laser Ultrasonic Testing Services Revenue and Market Share, 2018-2023
  4.4.1 China Based Laser Ultrasonic Testing Services Companies, Company Headquarters (Province, Country)
  4.4.2 China Based Companies Laser Ultrasonic Testing Services Revenue, (2018-2023)
4.5 Rest of World Based Laser Ultrasonic Testing Services Companies and Market Share, 2018-2023
  4.5.1 Rest of World Based Laser Ultrasonic Testing Services Companies, Headquarters (States, Country)
  4.5.2 Rest of World Based Companies Laser Ultrasonic Testing Services Revenue, (2018-2023)

5 MARKET ANALYSIS BY TYPE

5.1 World Laser Ultrasonic Testing Services Market Size Overview by Type: 2018 VS 2022 VS 2029
5.2 Segment Introduction by Type
  5.2.1 In-line Laser Ultrasonic Testing Services
  5.2.2 Off-line Laser Ultrasonic Testing Services
5.3 Market Segment by Type
  5.3.1 World Laser Ultrasonic Testing Services Market Size by Type (2018-2023)
  5.3.2 World Laser Ultrasonic Testing Services Market Size by Type (2024-2029)
  5.3.3 World Laser Ultrasonic Testing Services Market Size Market Share by Type (2018-2029)

6 MARKET ANALYSIS BY APPLICATION

6.1 World Laser Ultrasonic Testing Services Market Size Overview by Application: 2018 VS 2022 VS 2029
6.2 Segment Introduction by Application
  6.2.1 Aerospace
  6.2.2 Automobile
  6.2.3 Marine
  6.2.4 Oil & Gas
  6.2.5 Oil & Gas
  6.2.6 Others
6.3 Market Segment by Application
  6.3.1 World Laser Ultrasonic Testing Services Market Size by Application (2018-2023)
  6.3.2 World Laser Ultrasonic Testing Services Market Size by Application (2024-2029)
  6.3.3 World Laser Ultrasonic Testing Services Market Size by Application (2018-2029)

7 COMPANY PROFILES

7.1 TWI Ltd
  7.1.1 TWI Ltd Details
  7.1.2 TWI Ltd Major Business
  7.1.3 TWI Ltd Laser Ultrasonic Testing Services Product and Services
  7.1.4 TWI Ltd Laser Ultrasonic Testing Services Revenue, Gross Margin and Market Share (2018-2023)
  7.1.5 TWI Ltd Recent Developments/Updates
  7.1.6 TWI Ltd Competitive Strengths & Weaknesses
7.2 Intelligent Optical Systems, Inc. (IOS)
  7.2.1 Intelligent Optical Systems, Inc. (IOS) Details
  7.2.2 Intelligent Optical Systems, Inc. (IOS) Major Business
  7.2.3 Intelligent Optical Systems, Inc. (IOS) Laser Ultrasonic Testing Services Product and Services
  7.2.4 Intelligent Optical Systems, Inc. (IOS) Laser Ultrasonic Testing Services Revenue, Gross Margin and Market Share (2018-2023)
  7.2.5 Intelligent Optical Systems, Inc. (IOS) Recent Developments/Updates
  7.2.6 Intelligent Optical Systems, Inc. (IOS) Competitive Strengths & Weaknesses
7.3 IPG Photonics
  7.3.1 IPG Photonics Details
  7.3.2 IPG Photonics Major Business
  7.3.3 IPG Photonics Laser Ultrasonic Testing Services Product and Services
  7.3.4 IPG Photonics Laser Ultrasonic Testing Services Revenue, Gross Margin and Market Share (2018-2023)
  7.3.5 IPG Photonics Recent Developments/Updates
  7.3.6 IPG Photonics Competitive Strengths & Weaknesses
7.4 Swerim
  7.4.1 Swerim Details
  7.4.2 Swerim Major Business
  7.4.3 Swerim Laser Ultrasonic Testing Services Product and Services
  7.4.4 Swerim Laser Ultrasonic Testing Services Revenue, Gross Margin and Market Share (2018-2023)
  7.4.5 Swerim Recent Developments/Updates
  7.4.6 Swerim Competitive Strengths & Weaknesses
7.5 Tecnar
  7.5.1 Tecnar Details
  7.5.2 Tecnar Major Business
  7.5.3 Tecnar Laser Ultrasonic Testing Services Product and Services
  7.5.4 Tecnar Laser Ultrasonic Testing Services Revenue, Gross Margin and Market Share (2018-2023)
  7.5.5 Tecnar Recent Developments/Updates
  7.5.6 Tecnar Competitive Strengths & Weaknesses

8 INDUSTRY CHAIN ANALYSIS

8.1 Laser Ultrasonic Testing Services Industry Chain
8.2 Laser Ultrasonic Testing Services Upstream Analysis
8.3 Laser Ultrasonic Testing Services Midstream Analysis
8.4 Laser Ultrasonic Testing Services Downstream Analysis

9 RESEARCH FINDINGS AND CONCLUSION

10 APPENDIX

10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer

LIST OF TABLES

Table 1. World Laser Ultrasonic Testing Services Revenue by Region (2018, 2022 and 2029) & (USD Million), (by Headquarter Location)
Table 2. World Laser Ultrasonic Testing Services Revenue by Region (2018-2023) & (USD Million), (by Headquarter Location)
Table 3. World Laser Ultrasonic Testing Services Revenue by Region (2024-2029) & (USD Million), (by Headquarter Location)
Table 4. World Laser Ultrasonic Testing Services Revenue Market Share by Region (2018-2023), (by Headquarter Location)
Table 5. World Laser Ultrasonic Testing Services Revenue Market Share by Region (2024-2029), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World Laser Ultrasonic Testing Services Consumption Value Growth Rate Forecast by Region (2018 & 2022 & 2029) & (USD Million)
Table 8. World Laser Ultrasonic Testing Services Consumption Value by Region (2018-2023) & (USD Million)
Table 9. World Laser Ultrasonic Testing Services Consumption Value Forecast by Region (2024-2029) & (USD Million)
Table 10. World Laser Ultrasonic Testing Services Revenue by Player (2018-2023) & (USD Million)
Table 11. Revenue Market Share of Key Laser Ultrasonic Testing Services Players in 2022
Table 12. World Laser Ultrasonic Testing Services Industry Rank of Major Player, Based on Revenue in 2022
Table 13. Global Laser Ultrasonic Testing Services Company Evaluation Quadrant
Table 14. Head Office of Key Laser Ultrasonic Testing Services Player
Table 15. Laser Ultrasonic Testing Services Market: Company Product Type Footprint
Table 16. Laser Ultrasonic Testing Services Market: Company Product Application Footprint
Table 17. Laser Ultrasonic Testing Services Mergers & Acquisitions Activity
Table 18. United States VS China Laser Ultrasonic Testing Services Market Size Comparison, (2018 & 2022 & 2029) & (USD Million)
Table 19. United States VS China Laser Ultrasonic Testing Services Consumption Value Comparison, (2018 & 2022 & 2029) & (USD Million)
Table 20. United States Based Laser Ultrasonic Testing Services Companies, Headquarters (States, Country)
Table 21. United States Based Companies Laser Ultrasonic Testing Services Revenue, (2018-2023) & (USD Million)
Table 22. United States Based Companies Laser Ultrasonic Testing Services Revenue Market Share (2018-2023)
Table 23. China Based Laser Ultrasonic Testing Services Companies, Headquarters (Province, Country)
Table 24. China Based Companies Laser Ultrasonic Testing Services Revenue, (2018-2023) & (USD Million)
Table 25. China Based Companies Laser Ultrasonic Testing Services Revenue Market Share (2018-2023)
Table 26. Rest of World Based Laser Ultrasonic Testing Services Companies, Headquarters (States, Country)
Table 27. Rest of World Based Companies Laser Ultrasonic Testing Services Revenue, (2018-2023) & (USD Million)
Table 28. Rest of World Based Companies Laser Ultrasonic Testing Services Revenue Market Share (2018-2023)
Table 29. World Laser Ultrasonic Testing Services Market Size by Type, (USD Million), 2018 & 2022 & 2029
Table 30. World Laser Ultrasonic Testing Services Market Size by Type (2018-2023) & (USD Million)
Table 31. World Laser Ultrasonic Testing Services Market Size by Type (2024-2029) & (USD Million)
Table 32. World Laser Ultrasonic Testing Services Market Size by Application, (USD Million), 2018 & 2022 & 2029
Table 33. World Laser Ultrasonic Testing Services Market Size by Application (2018-2023) & (USD Million)
Table 34. World Laser Ultrasonic Testing Services Market Size by Application (2024-2029) & (USD Million)
Table 35. TWI Ltd Basic Information, Area Served and Competitors
Table 36. TWI Ltd Major Business
Table 37. TWI Ltd Laser Ultrasonic Testing Services Product and Services
Table 38. TWI Ltd Laser Ultrasonic Testing Services Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 39. TWI Ltd Recent Developments/Updates
Table 40. TWI Ltd Competitive Strengths & Weaknesses
Table 41. Intelligent Optical Systems, Inc. (IOS) Basic Information, Area Served and Competitors
Table 42. Intelligent Optical Systems, Inc. (IOS) Major Business
Table 43. Intelligent Optical Systems, Inc. (IOS) Laser Ultrasonic Testing Services Product and Services
Table 44. Intelligent Optical Systems, Inc. (IOS) Laser Ultrasonic Testing Services Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 45. Intelligent Optical Systems, Inc. (IOS) Recent Developments/Updates
Table 46. Intelligent Optical Systems, Inc. (IOS) Competitive Strengths & Weaknesses
Table 47. IPG Photonics Basic Information, Area Served and Competitors
Table 48. IPG Photonics Major Business
Table 49. IPG Photonics Laser Ultrasonic Testing Services Product and Services
Table 50. IPG Photonics Laser Ultrasonic Testing Services Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 51. IPG Photonics Recent Developments/Updates
Table 52. IPG Photonics Competitive Strengths & Weaknesses
Table 53. Swerim Basic Information, Area Served and Competitors
Table 54. Swerim Major Business
Table 55. Swerim Laser Ultrasonic Testing Services Product and Services
Table 56. Swerim Laser Ultrasonic Testing Services Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 57. Swerim Recent Developments/Updates
Table 58. Tecnar Basic Information, Area Served and Competitors
Table 59. Tecnar Major Business
Table 60. Tecnar Laser Ultrasonic Testing Services Product and Services
Table 61. Tecnar Laser Ultrasonic Testing Services Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 62. Global Key Players of Laser Ultrasonic Testing Services Upstream (Raw Materials)
Table 63. Laser Ultrasonic Testing Services Typical Customers
List of Figure
Figure 1. Laser Ultrasonic Testing Services Picture
Figure 2. World Laser Ultrasonic Testing Services Total Market Size: 2018 & 2022 & 2029, (USD Million)
Figure 3. World Laser Ultrasonic Testing Services Total Market Size (2018-2029) & (USD Million)
Figure 4. World Laser Ultrasonic Testing Services Revenue Market Share by Region (2018, 2022 and 2029) & (USD Million) , (by Headquarter Location)
Figure 5. World Laser Ultrasonic Testing Services Revenue Market Share by Region (2018-2029), (by Headquarter Location)
Figure 6. United States Based Company Laser Ultrasonic Testing Services Revenue (2018-2029) & (USD Million)
Figure 7. China Based Company Laser Ultrasonic Testing Services Revenue (2018-2029) & (USD Million)
Figure 8. Europe Based Company Laser Ultrasonic Testing Services Revenue (2018-2029) & (USD Million)
Figure 9. Japan Based Company Laser Ultrasonic Testing Services Revenue (2018-2029) & (USD Million)
Figure 10. South Korea Based Company Laser Ultrasonic Testing Services Revenue (2018-2029) & (USD Million)
Figure 11. ASEAN Based Company Laser Ultrasonic Testing Services Revenue (2018-2029) & (USD Million)
Figure 12. India Based Company Laser Ultrasonic Testing Services Revenue (2018-2029) & (USD Million)
Figure 13. Laser Ultrasonic Testing Services Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Laser Ultrasonic Testing Services Consumption Value (2018-2029) & (USD Million)
Figure 16. World Laser Ultrasonic Testing Services Consumption Value Market Share by Region (2018-2029)
Figure 17. United States Laser Ultrasonic Testing Services Consumption Value (2018-2029) & (USD Million)
Figure 18. China Laser Ultrasonic Testing Services Consumption Value (2018-2029) & (USD Million)
Figure 19. Europe Laser Ultrasonic Testing Services Consumption Value (2018-2029) & (USD Million)
Figure 20. Japan Laser Ultrasonic Testing Services Consumption Value (2018-2029) & (USD Million)
Figure 21. South Korea Laser Ultrasonic Testing Services Consumption Value (2018-2029) & (USD Million)
Figure 22. ASEAN Laser Ultrasonic Testing Services Consumption Value (2018-2029) & (USD Million)
Figure 23. India Laser Ultrasonic Testing Services Consumption Value (2018-2029) & (USD Million)
Figure 24. Producer Shipments of Laser Ultrasonic Testing Services by Player Revenue ($MM) and Market Share (%): 2022
Figure 25. Global Four-firm Concentration Ratios (CR4) for Laser Ultrasonic Testing Services Markets in 2022
Figure 26. Global Four-firm Concentration Ratios (CR8) for Laser Ultrasonic Testing Services Markets in 2022
Figure 27. United States VS China: Laser Ultrasonic Testing Services Revenue Market Share Comparison (2018 & 2022 & 2029)
Figure 28. United States VS China: Laser Ultrasonic Testing Services Consumption Value Market Share Comparison (2018 & 2022 & 2029)
Figure 29. World Laser Ultrasonic Testing Services Market Size by Type, (USD Million), 2018 & 2022 & 2029
Figure 30. World Laser Ultrasonic Testing Services Market Size Market Share by Type in 2022
Figure 31. In-line Laser Ultrasonic Testing Services
Figure 32. Off-line Laser Ultrasonic Testing Services
Figure 33. World Laser Ultrasonic Testing Services Market Size Market Share by Type (2018-2029)
Figure 34. World Laser Ultrasonic Testing Services Market Size by Application, (USD Million), 2018 & 2022 & 2029
Figure 35. World Laser Ultrasonic Testing Services Market Size Market Share by Application in 2022
Figure 36. Aerospace
Figure 37. Automobile
Figure 38. Marine
Figure 39. Oil & Gas
Figure 40. Industrial Manufacturing
Figure 41. Others
Figure 42. Laser Ultrasonic Testing Services Industrial Chain
Figure 43. Methodology
Figure 44. Research Process and Data Source


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