Laboratory & Healthcare Products & Services

Ultrasonic Test Equipment: Market Size, Growth & Forecast to 2030

The Ultrasonic Test Equipment market is valued at about $3.57 billion (2026) and is projected to grow at a 7.7% CAGR through 2030. The largest cost driver is Electronic components and microprocessors (35% of spend). North America leads demand at 34%.

Market size
$3.57 bn (2026)
CAGR to 2030
+7.7%
Buyer power
Favours buyers
Tracked suppliers
45

Projected market growth to 2030

Market size index, 2026 = 100, at the 7.7% CAGR.

1451301151001002026107.720271162028124.92029134.52030144.92031

Cost structure

Electronic components and microprocessors
35%
Piezoelectric materials and transducers
25%
Direct software development and calibration labor
20%
Enclosures and ruggedized hardware materials
12%
Logistics and compliance testing
8%

Regional demand split

North America demand
34%
Europe demand
29%
Asia Pacific demand
28%
Middle East and Africa demand
9%

Key suppliers

Waygate TechnologiesEvident CorporationMistras GroupEddyfi TechnologiesSonatestNDT Systems Inc
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Claight market analysis of proprietary and public data. Full report: /category-intelligence/ultrasonic-test-equipment