Industrial Ultrasonic Transducer Market Scope and Analysis by 2031
Industrial Ultrasonic Transducer Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 823.37 million |
Market Size by 2031 | US$ 1,332.27 million |
Global CAGR (2023 - 2031) | 6.2% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Industrial Ultrasonic Transducer Market News and Recent Developments
The Industrial Ultrasonic Transducer Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
- PI Ceramic announced that, for the first time, it has presented its new class of power ultrasonic transducers at COMPAMED 2023. These Langevin transducers are used in the preparation of microfluidic samples. In these transducers, piezoelectric rings create ultrasonic waves, which are then amplified to the tip of the device to initiate vibrations in the target media. As well as in microfluidics, this principle can also be used in many other applications in medical technology, for example, the aspiration of tissue, phacoemulsification, or ultrasonic scalpels.. (Source: PI Ceramic, Press Release, 2023)
- Munich-based high-tech startup Toposens announced the release of its 3D Ultrasonic Echolocation Sensor ECHO ONE. Based on the principle of echolocation as seen in bats, Toposens ECHO ONE compensates the drawbacks of optical sensors through sound-based triangulation in combination with sophisticated noise-filtering software. This, in turn, delivers robust 3D data output in real-time for each obstacle detected within the fully adjustable warning- and stopping zones. (Source: Toposens, Press Release, 2022)
Industrial Ultrasonic Transducer Market Report Coverage and Deliverables
The “Industrial Ultrasonic Transducer Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles