Global market for UT equipment to top US $50 billion by 2021

16/09/2016

The global market for ultrasonic equipment should reach $54.5 billion by 2021, from $31.6 billion in 2016, at a compound annual growth rate (CAGR) of 11.5% for 2016 to 2021, according to a new report from Research and Markets.

This report provides:
  • An overview of the global market for ultrasonics and related technologies and products
  • Analyses of global market trends, with data from 2015, estimates for 2016 and projections of CAGRs through to 2021
  • Identification of viable technology drivers through a comprehensive look at various platform technologies for new and existing ultrasound products and application markets
  • An evaluation of ultrasonic market opportunities to help develop targeted promotional plans
  • Information on market player initiatives attempting to meet market demand for various types of ultrasonic products
  • Profiles of major companies in the industry.

This report has been prepared in a simple format that can be easily understood, with a number of tables and charts/figures. The scope of the report includes a detailed study of global and regional markets for various types of ultrasonic technologies and products, with reasons given for variations in the growth of the industry in certain regions.

For more information visit: http://www.researchandmarkets.com/publication/m2qvojl/3768807