MRO - Industry-Specific Maintenance Services · Indirect
Monitoring · monthly
Procurement Category Intelligence

Pipe Ultrasonic Thickness Inspection

Overview
Market size
$720M
global, USD
CAGR
8.3%
base to forecast
Buyer power
-1.2
supplier-favoured
Suppliers
6
tracked players
Signals
12
1 high severity

Market outlook

2031$1.1B

What changed

Demand by region

North America demand36%
Europe demand27%
Asia Pacific demand26%
Latin America demand6%
Rest of world demand5%
share of global demandtotal 100%

Cost drivers

Field Technician Labor and Mobilization45%
Equipment Depreciation and Transducer Consumables20%
Data Analysis, Software and Reporting15%
Corporate Overhead and Certification Compliance12%
Travel and HSE Logistics8%
share of delivered cost (analyst estimate)

Supplier watchlist

6 tracked