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The global ultrasonic testing market size is projected to reach USD 3,671.9 million by 2027, exhibiting a CAGR of 9.43% during the forecast period. The burgeoning startup culture in the non-destructive testing (NDT) domain will play a central role in fueling this market. In 2019, the North America market size stood at USD 893.7 million, and the region is expected to bolster its growth trajectory during the forecast period on account of the rising employment of UT methods in the inspection of railway infrastructures.

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Ultrasonic Testing Market Size, Share & Growth | Report [2027]
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Ultrasonic Testing Market Size, Share & Growth | Report [2027]

The global ultrasonic testing market size was USD 2,297.2 million in 2019. The global impact of COVID-19 has been unprecedented and staggering, with ultrasonic testing witnessing a negative demand shock across all regions amid the pandemic.