Table of Content PART 01: Executive summary • Highlights PART 02: Scope of the report • Market overview • Top vendor offerings PART 03: Market research methodology • Research methodology • Economic indicators PART 04: Introduction • Key market highlights PART 05: Market landscape • Market overview • Market size and forecast • Five forces analysis PART 06: Market segmentation by end-user • Market overview • Oil and gas industry • Power generation • Aerospace and defense sector • Automotive and transportation industry PART 07: Geographical segmentation • Market overview • North America • Europe • APAC PART 08: Market drivers • Expanding aerospace and defense sector • Growth in wind energy market • Emergence of new avenues for natural gas market PART 09: Market challenges • Necessity for price-sensitive and multiple technology solutions • Lack of skilled manpower • Approval of different standards to use new technology • Rise in pipeline sabotage threats PART 10: Impact of drivers and challenges PART 11: Market trends • Ultrasonic testing for case-hardened components and laser-welded tailored blanks • Growth in electrical vehicle sales • Use of phased array equipment in lieu of radiography • Miniaturization and need for customization of ultrasonic NDT equipment PART 12: Vendor landscape • Competitive scenario • Other prominent vendors PART 13: Key vendor analysis • GE Inspection Technologies • Olympus • Sonatest PART 14: Appendix • List of abbreviations PART 15: Explore Technavio   List of Exhibits Exhibit 01: Key countries in each region Exhibit 02: Product offerings Exhibit 03: Global ultrasonic NDT equipment market Exhibit 04: Global ultrasonic NDT equipment market by products 2015 Exhibit 05: Global ultrasonic NDT equipment market 2015-2020 ($ millions) Exhibit 06: Global cumulative wind installed capacity 2015-2020 (GW) Exhibit 07: Five forces analysis Exhibit 08: Global ultrasonic NDT equipment market by end-users 2015 and 2020 ($ millions) Exhibit 09: Global ultrasonic NDT equipment market in oil and gas industry 2015-2020 ($ millions) Exhibit 10: Pipeline transportation Exhibit 11: Road tanker transportation Exhibit 12: Rail car transportation Exhibit 13: Global ultrasonic NDT equipment market in power generation 2015-2020 ($ millions) Exhibit 14: Global power outlook Exhibit 15: Source of global power consumption 2014 Exhibit 16: Benefits of nuclear power Exhibit 17: Upcoming nuclear plants Exhibit 18: Global ultrasonic NDT equipment market in aerospace and defense sector 2015-2020 ($ millions) Exhibit 19: Global commercial aircraft delivery 2015-2034 Exhibit 20: Global ultrasonic NDT equipment market in automotive and transportation industry 2015-2020 ($ millions) Exhibit 21: Global ultrasonic NDT equipment market by geography 2015-2020 ($ millions) Exhibit 22: Ultrasonic NDT equipment market in the North America 2015-2020 ($ millions) Exhibit 23: Ultrasonic NDT equipment market in Europe 2015-2020 ($ millions) Exhibit 24: Ultrasonic NDT equipment market in APAC 2015-2020 ($ millions) Exhibit 25: Expected cumulative transport infrastructure investments until 2025 in APAC ($ trillions) Exhibit 26: Major drivers for aerospace and defense sector Exhibit 27: Global air traffic 2004-2016 (growth %) Exhibit 28: In-service aircraft reaching 25 years of service life 2015-2025 Exhibit 29: Global cumulative wind installed capacity 2015-2020 (GW) Exhibit 30: Global cumulative offshore wind installation capacity 2006-2015 (MW) Exhibit 31: Shifting bases of hydrocarbon exploration Exhibit 32: Important factors for vendors to sustain in global ultrasonic NDT equipment market Exhibit 33: Impact of drivers and challenges Exhibit 34: Global automotive industry 2008, 2013, and 2018 Exhibit 35: US PHEV car sales 2011-2016 Exhibit 36: Global EV sales outlook 2011-2020 (millions of units) Exhibit 37: Geographical presence of key vendors Exhibit 38: Other prominent vendors Exhibit 39: GE Inspection Technologies: Business segmentation Exhibit 40: GE Inspection Technology: NDT equipment portfolio Exhibit 41: Olympus: Ultrasonic NDT equipment portfolio Exhibit 42: Sonatest: Product end-users and applications Exhibit 43: Sonatest: Product portfolio

GE Inspection Technologies, Olympus, Sonatest, Danatronics, Eddyfi, James Instruments, NDT Systems, PaR Systems, Qualitest International, Trinity NDT.