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Global Wave-Based NDT Solutions Market Outlook, In‑Depth Analysis & Forecast to 2031
Published Date: November 2025
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Report Code: QYRE-Auto-22N17027
Home | Market Reports | Business & Industrial| Industrial Materials & Equipment| Heavy Machinery
Global Wave Based NDT Solutions Market Research Report 2024
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Global Wave-Based NDT Solutions Market Outlook, In‑Depth Analysis & Forecast to 2031

Code: QYRE-Auto-22N17027
Report
November 2025
Pages:162
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
Waygate Technologies
Olympus (Evident)
Mistras
Eddyfi Technologies
Sonatest
NOVOTEST
SONOTEC
Elcometer
Sonotron NDT
Screening Eagle Technologies
DeFelsko Corporation
karl deutsch
PCE Instruments
Cygnus
Rigaku
Ndt Systems
Helmut Fischer
Hitachi High-tech
BYK-Gardner
CGM CIGIEMME
Mitech
Nantong Union

Wave-Based NDT Solutions Market

The global Wave-Based NDT Solutions market is projected to grow from US$ million in 2024 to US$ million by 2031, at a CAGR of %(2025-2031), driven by critical product segments and diverse end‑use applications.
From a downstream perspective, Industrial and Automotive accounted for % of 2024 revenue, surging to US$ million by 2031 (CAGR: % from 2025–2031).
Wave-Based NDT Solutions leading manufacturers including Waygate Technologies, Olympus (Evident), Mistras, Eddyfi Technologies, Sonatest, NOVOTEST, SONOTEC GmbH, Elcometer, Sonotron NDT, Screening Eagle Technologies, etc., dominate supply; the top five capture approximately % of global revenue, with Waygate Technologies leading 2024 sales at US$ million.
Regional Outlook:
North America rose from US$ million in 2024 to a forecast US$ million by 2031 (CAGR %).
Asia‑Pacific will expand from US$ million to US$ million (CAGR  %), led by China (US$ million in 2024, % share rising to % by 2031), Japan (CAGR %), South Korea (CAGR %), and Southeast Asia (CAGR %).
Europe is set to grow from US$ million to US$ million (CAGR %), with Germany projected to hit US$ million by 2031 (CAGR %).

Report Includes:

This definitive report equips CEOs, marketing directors, and investors with a 360° view of the global Wave-Based NDT Solutions market across value chain. It analyzes historical revenue data (2020–2024) and delivers forecasts through 2031, illuminating demand trends and growth drivers.
By segmenting the market by Type and by Application, the study quantifies market size, growth rates, niche opportunities, and substitution risks, and analyzes downstream customers distribution pattern.
Granular regional insights cover five major markets—North America, Europe, APAC, South America, and MEA—with in‑depth analysis of 20+ countries, detailing dominant products, competitive landscape, and downstream demand trends.
Critical competitive intelligence profiles players—revenue, margins, pricing strategies, and major customers—and dissects the top-player positioning across product lines, applications, and regions to reveal strategic strengths.
A concise Industry‑chain overview maps upstream, middlestream, and downstream distribution dynamics to identify strategic gaps and unmet demand.
Market Segmentation

Scope of Wave-Based NDT Solutions Market Report

Report Metric Details
Report Name Wave-Based NDT Solutions Market
Segment by Type
  • Ultrasonic Wave Testing
  • Magnetic Wave Testing
  • Others
Segment by Application
  • Industrial and Automotive
  • Power and Energy
  • Aerospace and Transportation
  • Electronics
  • Other
Sales by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company Waygate Technologies, Olympus (Evident), Mistras, Eddyfi Technologies, Sonatest, NOVOTEST, SONOTEC GmbH, Elcometer, Sonotron NDT, Screening Eagle Technologies, DeFelsko Corporation, Karl Deutsch, PCE Instruments, Cygnus, Rigaku, NDT Systems, Helmut Fischer, Hitachi High-Tech, BYK-Gardner, CGM Cigiemme, Mitech, Nantong Union
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Defines the Wave-Based NDT Solutions study scope, segments the market by Type and by Application, etc, highlights segment size and growth potential.
  • Chapter 2: Offers current market state, projects global revenue and sales to 2031, pinpointing high consumption regions and emerging market catalysts
  • Chapter 3: Dissects the player landscape—ranks by revenue and profitability, details Player performance by product type and evaluates concentration alongside M&A moves.
  • Chapter 4: Unlocks high margin product segments—compares revenue, ASP, and technology differentiators, highlighting growth niches and substitution risks
  • Chapter 5: Targets downstream market opportunities—evaluates market size by Application, identifies emerging use cases, and profiles leading customers by region and by Application.
  • Chapter 6: North America—breaks down market size by Type, by Application and country, profiles key players and assesses growth drivers and barriers.
  • Chapter 7: Europe—analyses regional market by Type, by Application and players, flagging drivers and barriers.
  • Chapter 8: Asia Pacific—quantifies market size by Type, by Application, and region/country, profiles top players, and uncovers high potential expansion areas.
  • Chapter 9: Central & South America—measures market size by Type, by Application, and country, profiles top players, and identifies investment opportunities and challenges.
  • Chapter 10: Middle East and Africa—evaluates market size by Type, by Application, and country, profiles key players, and outlines investment prospects and market hurdles
  • Chapter 11: Profiles players in depth—details product specs, revenue, margins; Top-tier players 2024 sales breakdowns by Product type, by Application, by region SWOT analysis, and recent strategic developments.
  • Chapter 12: Industry chain—analyses upstream, cost drivers, plus downstream channels.
  • Chapter 13: Market dynamics—explores drivers, restraints, regulatory impacts, and risk mitigation strategies.
  • Chapter 14: Actionable conclusions and strategic recommendations.
  • Why This Report:
  • Beyond standard market data, this analysis provides a clear profitability roadmap—empowering you to:
  • Allocate capital strategically to high growth regions (Chapters 6–10) and margin rich segments (Chapter 5).
  • Negotiate from strength with suppliers (Chapter 12) and customers (Chapter 5) using cost and demand intelligence.
  • Outmaneuver competitors with granular insights into their operations, margins, and strategies (Chapters 3 and 11).
  • Capitalize on the projected billion‑dollar opportunity with data‑driven regional and segment tactics (Chapter 12-14).
  • Leverage this 360° intelligence to turn market complexity into actionable competitive advantage.

FAQ for this report

Who are the main players in the Wave-Based NDT Solutions Market report?

Ans: The main players in the Wave-Based NDT Solutions Market are Waygate Technologies, Olympus (Evident), Mistras, Eddyfi Technologies, Sonatest, NOVOTEST, SONOTEC GmbH, Elcometer, Sonotron NDT, Screening Eagle Technologies, DeFelsko Corporation, Karl Deutsch, PCE Instruments, Cygnus, Rigaku, NDT Systems, Helmut Fischer, Hitachi High-Tech, BYK-Gardner, CGM Cigiemme, Mitech, Nantong Union

What are the Application segmentation covered in the Wave-Based NDT Solutions Market report?

Ans: The Applications covered in the Wave-Based NDT Solutions Market report are Industrial and Automotive, Power and Energy, Aerospace and Transportation, Electronics, Other

What are the Type segmentation covered in the Wave-Based NDT Solutions Market report?

Ans: The Types covered in the Wave-Based NDT Solutions Market report are Ultrasonic Wave Testing, Magnetic Wave Testing, Others

1 Study Coverage
1.1 Introduction to Wave-Based NDT Solutions: Definition, Properties, and Key Attributes
1.2 Market Segmentation by Type
1.2.1 Global Wave-Based NDT Solutions Market Size by Type, 2020 VS 2024 VS 2031
1.2.2 Ultrasonic Wave Testing
1.2.3 Magnetic Wave Testing
1.2.4 Others
1.3 Market Segmentation by Application
1.3.1 Global Wave-Based NDT Solutions Market Size by Application, 2020 VS 2024 VS 2031
1.3.2 Industrial and Automotive
1.3.3 Power and Energy
1.3.4 Aerospace and Transportation
1.3.5 Electronics
1.3.6 Other
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Executive Summary
2.1 Global Wave-Based NDT Solutions Revenue Estimates and Forecasts 2020-2031
2.2 Global Wave-Based NDT Solutions Revenue by Region
2.2.1 Revenue Comparison: 2020 VS 2024 VS 2031
2.2.2 Historical and Forecasted Revenue by Region (2020-2031)
2.2.3 Global Revenue Market Share by Region (2020-2031)
2.2.4 Emerging Market Focus: Growth Drivers & Investment Trends
3 Competition by Players
3.1 Global Wave-Based NDT Solutions Player Revenue Rankings and Profitability
3.1.1 Global Revenue (Value) by Players (2020-2025)
3.1.2 Global Key Player Revenue Ranking (2023 vs. 2024)
3.1.3 Revenue-Based Tier Segmentation (Tier 1, Tier 2, and Tier 3)
3.1.4 Gross Margin by Top Player (2020 VS 2024)
3.2 Global Wave-Based NDT Solutions Companies Headquarters and Service Footprint
3.3 Main Product Type Market Size by Players
3.3.1 Ultrasonic Wave Testing Market Size by Players
3.3.2 Magnetic Wave Testing Market Size by Players
3.3.3 Others Market Size by Players
3.4 Global Wave-Based NDT Solutions Market Concentration and Dynamics
3.4.1 Global Market Concentration (CR5 and HHI)
3.4.2 Entrant/Exit Impact Analysis
3.4.3 Strategic Moves: M&A, Expansion, R&D Investment
4 Global Product Segmentation Analysis
4.1 Global Wave-Based NDT Solutions Revenue Trends by Type
4.1.1 Global Historical and Forecasted Revenue by Type (2020-2031)
4.1.2 Global Revenue Market Share by Type (2020-2031)
4.2 Key Product Attributes and Differentiation
4.3 Subtype Dynamics: Growth Leaders, Profitability and Risk
4.3.1 High-Growth Niches and Adoption Drivers
4.3.2 Profitability Hotspots and Cost Drivers
4.3.3 Substitution Threats
5 Global Downstream Application Analysis
5.1 Global Wave-Based NDT Solutions Revenue by Application
5.1.1 Global Historical and Forecasted Revenue by Application (2020-2031)
5.1.2 Revenue Market Share by Application (2020-2031)
5.1.3 High-Growth Application Identification
5.1.4 Emerging Application Case Studies
5.2 Downstream Customer Analysis
5.2.1 Top Customers by Region
5.2.2 Top Customers by Application
6 North America
6.1 North America Market Size (2020-2031)
6.2 North America Key Players Revenue in 2024
6.3 North America Wave-Based NDT Solutions Market Size by Type (2020-2031)
6.4 North America Wave-Based NDT Solutions Market Size by Application (2020-2031)
6.5 North America Growth Accelerators and Market Barriers
6.6 North America Wave-Based NDT Solutions Market Size by Country
6.6.1 North America Revenue Trends by Country
6.6.2 US
6.6.3 Canada
6.6.4 Mexico
7 Europe
7.1 Europe Market Size (2020-2031)
7.2 Europe Key Players Revenue in 2024
7.3 Europe Wave-Based NDT Solutions Market Size by Type (2020-2031)
7.4 Europe Wave-Based NDT Solutions Market Size by Application (2020-2031)
7.5 Europe Growth Accelerators and Market Barriers
7.6 Europe Wave-Based NDT Solutions Market Size by Country
7.6.1 Europe Revenue Trends by Country
7.6.2 Germany
7.6.3 France
7.6.4 U.K.
7.6.5 Italy
7.6.6 Russia
8 Asia-Pacific
8.1 Asia-Pacific Market Size (2020-2031)
8.2 Asia-Pacific Key Players Revenue in 2024
8.3 Asia-Pacific Wave-Based NDT Solutions Market Size by Type (2020-2031)
8.4 Asia-Pacific Wave-Based NDT Solutions Market Size by Application (2020-2031)
8.5 Asia-Pacific Growth Accelerators and Market Barriers
8.6 Asia-Pacific Wave-Based NDT Solutions Market Size by Region
8.6.1 Asia-Pacific Revenue Trends by Region
8.7 China
8.8 Japan
8.9 South Korea
8.10 Australia
8.11 India
8.12 Southeast Asia
8.12.1 Indonesia
8.12.2 Vietnam
8.12.3 Malaysia
8.12.4 Philippines
8.12.5 Singapore
9 Central and South America
9.1 Central and South America Market Size (2020-2031)
9.2 Central and South America Key Players Revenue in 2024
9.3 Central and South America Wave-Based NDT Solutions Market Size by Type (2020-2031)
9.4 Central and South America Wave-Based NDT Solutions Market Size by Application (2020-2031)
9.5 Central and South America Investment Opportunities and Key Challenges
9.6 Central and South America Wave-Based NDT Solutions Market Size by Country
9.6.1 Central and South America Revenue Trends by Country (2020 VS 2024 VS 2031)
9.6.2 Brazil
9.6.3 Argentina
10 Middle East and Africa
10.1 Middle East and Africa Market Size (2020-2031)
10.2 Middle East and Africa Key Players Revenue in 2024
10.3 Middle East and Africa Wave-Based NDT Solutions Market Size by Type (2020-2031)
10.4 Middle East and Africa Wave-Based NDT Solutions Market Size by Application (2020-2031)
10.5 Middle East and Africa Investment Opportunities and Key Challenges
10.6 Middle East and Africa Wave-Based NDT Solutions Market Size by Country
10.6.1 Middle East and Africa Revenue Trends by Country (2020 VS 2024 VS 2031)
10.6.2 GCC Countries
10.6.3 Israel
10.6.4 Egypt
10.6.5 South Africa
11 Corporate Profile
11.1 Waygate Technologies
11.1.1 Waygate Technologies Corporation Information
11.1.2 Waygate Technologies Business Overview
11.1.3 Waygate Technologies Wave-Based NDT Solutions Product Features and Attributes
11.1.4 Waygate Technologies Wave-Based NDT Solutions Revenue and Gross Margin (2020-2025)
11.1.5 Waygate Technologies Wave-Based NDT Solutions Revenue by Product in 2024
11.1.6 Waygate Technologies Wave-Based NDT Solutions Revenue by Application in 2024
11.1.7 Waygate Technologies Wave-Based NDT Solutions Revenue by Geographic Area in 2024
11.1.8 Waygate Technologies Wave-Based NDT Solutions SWOT Analysis
11.1.9 Waygate Technologies Recent Developments
11.2 Olympus (Evident)
11.2.1 Olympus (Evident) Corporation Information
11.2.2 Olympus (Evident) Business Overview
11.2.3 Olympus (Evident) Wave-Based NDT Solutions Product Features and Attributes
11.2.4 Olympus (Evident) Wave-Based NDT Solutions Revenue and Gross Margin (2020-2025)
11.2.5 Olympus (Evident) Wave-Based NDT Solutions Revenue by Product in 2024
11.2.6 Olympus (Evident) Wave-Based NDT Solutions Revenue by Application in 2024
11.2.7 Olympus (Evident) Wave-Based NDT Solutions Revenue by Geographic Area in 2024
11.2.8 Olympus (Evident) Wave-Based NDT Solutions SWOT Analysis
11.2.9 Olympus (Evident) Recent Developments
11.3 Mistras
11.3.1 Mistras Corporation Information
11.3.2 Mistras Business Overview
11.3.3 Mistras Wave-Based NDT Solutions Product Features and Attributes
11.3.4 Mistras Wave-Based NDT Solutions Revenue and Gross Margin (2020-2025)
11.3.5 Mistras Wave-Based NDT Solutions Revenue by Product in 2024
11.3.6 Mistras Wave-Based NDT Solutions Revenue by Application in 2024
11.3.7 Mistras Wave-Based NDT Solutions Revenue by Geographic Area in 2024
11.3.8 Mistras Wave-Based NDT Solutions SWOT Analysis
11.3.9 Mistras Recent Developments
11.4 Eddyfi Technologies
11.4.1 Eddyfi Technologies Corporation Information
11.4.2 Eddyfi Technologies Business Overview
11.4.3 Eddyfi Technologies Wave-Based NDT Solutions Product Features and Attributes
11.4.4 Eddyfi Technologies Wave-Based NDT Solutions Revenue and Gross Margin (2020-2025)
11.4.5 Eddyfi Technologies Wave-Based NDT Solutions Revenue by Product in 2024
11.4.6 Eddyfi Technologies Wave-Based NDT Solutions Revenue by Application in 2024
11.4.7 Eddyfi Technologies Wave-Based NDT Solutions Revenue by Geographic Area in 2024
11.4.8 Eddyfi Technologies Wave-Based NDT Solutions SWOT Analysis
11.4.9 Eddyfi Technologies Recent Developments
11.5 Sonatest
11.5.1 Sonatest Corporation Information
11.5.2 Sonatest Business Overview
11.5.3 Sonatest Wave-Based NDT Solutions Product Features and Attributes
11.5.4 Sonatest Wave-Based NDT Solutions Revenue and Gross Margin (2020-2025)
11.5.5 Sonatest Wave-Based NDT Solutions Revenue by Product in 2024
11.5.6 Sonatest Wave-Based NDT Solutions Revenue by Application in 2024
11.5.7 Sonatest Wave-Based NDT Solutions Revenue by Geographic Area in 2024
11.5.8 Sonatest Wave-Based NDT Solutions SWOT Analysis
11.5.9 Sonatest Recent Developments
11.6 NOVOTEST
11.6.1 NOVOTEST Corporation Information
11.6.2 NOVOTEST Business Overview
11.6.3 NOVOTEST Wave-Based NDT Solutions Product Features and Attributes
11.6.4 NOVOTEST Wave-Based NDT Solutions Revenue and Gross Margin (2020-2025)
11.6.5 NOVOTEST Recent Developments
11.7 SONOTEC GmbH
11.7.1 SONOTEC GmbH Corporation Information
11.7.2 SONOTEC GmbH Business Overview
11.7.3 SONOTEC GmbH Wave-Based NDT Solutions Product Features and Attributes
11.7.4 SONOTEC GmbH Wave-Based NDT Solutions Revenue and Gross Margin (2020-2025)
11.7.5 SONOTEC GmbH Recent Developments
11.8 Elcometer
11.8.1 Elcometer Corporation Information
11.8.2 Elcometer Business Overview
11.8.3 Elcometer Wave-Based NDT Solutions Product Features and Attributes
11.8.4 Elcometer Wave-Based NDT Solutions Revenue and Gross Margin (2020-2025)
11.8.5 Elcometer Recent Developments
11.9 Sonotron NDT
11.9.1 Sonotron NDT Corporation Information
11.9.2 Sonotron NDT Business Overview
11.9.3 Sonotron NDT Wave-Based NDT Solutions Product Features and Attributes
11.9.4 Sonotron NDT Wave-Based NDT Solutions Revenue and Gross Margin (2020-2025)
11.9.5 Sonotron NDT Recent Developments
11.10 Screening Eagle Technologies
11.10.1 Screening Eagle Technologies Corporation Information
11.10.2 Screening Eagle Technologies Business Overview
11.10.3 Screening Eagle Technologies Wave-Based NDT Solutions Product Features and Attributes
11.10.4 Screening Eagle Technologies Wave-Based NDT Solutions Revenue and Gross Margin (2020-2025)
11.10.5 Company Ten Recent Developments
11.11 DeFelsko Corporation
11.11.1 DeFelsko Corporation Corporation Information
11.11.2 DeFelsko Corporation Business Overview
11.11.3 DeFelsko Corporation Wave-Based NDT Solutions Product Features and Attributes
11.11.4 DeFelsko Corporation Wave-Based NDT Solutions Revenue and Gross Margin (2020-2025)
11.11.5 DeFelsko Corporation Recent Developments
11.12 Karl Deutsch
11.12.1 Karl Deutsch Corporation Information
11.12.2 Karl Deutsch Business Overview
11.12.3 Karl Deutsch Wave-Based NDT Solutions Product Features and Attributes
11.12.4 Karl Deutsch Wave-Based NDT Solutions Revenue and Gross Margin (2020-2025)
11.12.5 Karl Deutsch Recent Developments
11.13 PCE Instruments
11.13.1 PCE Instruments Corporation Information
11.13.2 PCE Instruments Business Overview
11.13.3 PCE Instruments Wave-Based NDT Solutions Product Features and Attributes
11.13.4 PCE Instruments Wave-Based NDT Solutions Revenue and Gross Margin (2020-2025)
11.13.5 PCE Instruments Recent Developments
11.14 Cygnus
11.14.1 Cygnus Corporation Information
11.14.2 Cygnus Business Overview
11.14.3 Cygnus Wave-Based NDT Solutions Product Features and Attributes
11.14.4 Cygnus Wave-Based NDT Solutions Revenue and Gross Margin (2020-2025)
11.14.5 Cygnus Recent Developments
11.15 Rigaku
11.15.1 Rigaku Corporation Information
11.15.2 Rigaku Business Overview
11.15.3 Rigaku Wave-Based NDT Solutions Product Features and Attributes
11.15.4 Rigaku Wave-Based NDT Solutions Revenue and Gross Margin (2020-2025)
11.15.5 Rigaku Recent Developments
11.16 NDT Systems
11.16.1 NDT Systems Corporation Information
11.16.2 NDT Systems Business Overview
11.16.3 NDT Systems Wave-Based NDT Solutions Product Features and Attributes
11.16.4 NDT Systems Wave-Based NDT Solutions Revenue and Gross Margin (2020-2025)
11.16.5 NDT Systems Recent Developments
11.17 Helmut Fischer
11.17.1 Helmut Fischer Corporation Information
11.17.2 Helmut Fischer Business Overview
11.17.3 Helmut Fischer Wave-Based NDT Solutions Product Features and Attributes
11.17.4 Helmut Fischer Wave-Based NDT Solutions Revenue and Gross Margin (2020-2025)
11.17.5 Helmut Fischer Recent Developments
11.18 Hitachi High-Tech
11.18.1 Hitachi High-Tech Corporation Information
11.18.2 Hitachi High-Tech Business Overview
11.18.3 Hitachi High-Tech Wave-Based NDT Solutions Product Features and Attributes
11.18.4 Hitachi High-Tech Wave-Based NDT Solutions Revenue and Gross Margin (2020-2025)
11.18.5 Hitachi High-Tech Recent Developments
11.19 BYK-Gardner
11.19.1 BYK-Gardner Corporation Information
11.19.2 BYK-Gardner Business Overview
11.19.3 BYK-Gardner Wave-Based NDT Solutions Product Features and Attributes
11.19.4 BYK-Gardner Wave-Based NDT Solutions Revenue and Gross Margin (2020-2025)
11.19.5 BYK-Gardner Recent Developments
11.20 CGM Cigiemme
11.20.1 CGM Cigiemme Corporation Information
11.20.2 CGM Cigiemme Business Overview
11.20.3 CGM Cigiemme Wave-Based NDT Solutions Product Features and Attributes
11.20.4 CGM Cigiemme Wave-Based NDT Solutions Revenue and Gross Margin (2020-2025)
11.20.5 CGM Cigiemme Recent Developments
11.21 Mitech
11.21.1 Mitech Corporation Information
11.21.2 Mitech Business Overview
11.21.3 Mitech Wave-Based NDT Solutions Product Features and Attributes
11.21.4 Mitech Wave-Based NDT Solutions Revenue and Gross Margin (2020-2025)
11.21.5 Mitech Recent Developments
11.22 Nantong Union
11.22.1 Nantong Union Corporation Information
11.22.2 Nantong Union Business Overview
11.22.3 Nantong Union Wave-Based NDT Solutions Product Features and Attributes
11.22.4 Nantong Union Wave-Based NDT Solutions Revenue and Gross Margin (2020-2025)
11.22.5 Nantong Union Recent Developments
12 Wave-Based NDT SolutionsIndustry Chain Analysis
12.1 Wave-Based NDT Solutions Industry Chain
12.2 Upstream Analysis
12.2.1 Upstream Key Suppliers
12.3 Middlestream Analysis
12.4 Downstream Sales Model and Distribution Networks
12.4.1 Sales Channels
12.4.2 Distributors
13 Wave-Based NDT Solutions Market Dynamics
13.1 Industry Trends and Evolution
13.2 Market Growth Drivers and Emerging Opportunities
13.3 Market Challenges, Risks, and Restraints
14 Key Findings in the Global Wave-Based NDT Solutions Study
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.1.1 Research Programs/Design
15.1.1.2 Market Size Estimation
15.1.1.3 Market Breakdown and Data Triangulation
15.1.2 Data Source
15.1.2.1 Secondary Sources
15.1.2.2 Primary Sources
15.2 Author Details
FEATURED COMPANIES
Waygate Technologies
Olympus (Evident)
Mistras
Eddyfi Technologies
Sonatest
NOVOTEST
SONOTEC
Elcometer
Sonotron NDT
Screening Eagle Technologies
DeFelsko Corporation
karl deutsch
PCE Instruments
Cygnus
Rigaku
Ndt Systems
Helmut Fischer
Hitachi High-tech
BYK-Gardner
CGM CIGIEMME
Mitech
Nantong Union
List of Tables
 Table 1. Global Wave-Based NDT Solutions Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)
 Table 2. Global Wave-Based NDT Solutions Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)
 Table 3. Global Wave-Based NDT Solutions Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 4. Global Wave-Based NDT Solutions Revenue by Region (2020-2025) & (US$ Million)
 Table 5. Global Wave-Based NDT Solutions Revenue by Region (2026-2031) & (US$ Million)
 Table 6. Emerging Market Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
 Table 7. Global Wave-Based NDT Solutions Revenue by Players (2020-2025) & (US$ Million)
 Table 8. Global Wave-Based NDT Solutions Revenue Market Share by Players (2020-2025)
 Table 9. Global Key Players’Ranking Shift (2023 vs. 2024) (Based on Revenue)
 Table 10. Global Wave-Based NDT Solutions by Player Tier (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Wave-Based NDT Solutions as of 2024)
 Table 11. Global Wave-Based NDT Solutions Average Gross Margin (%) by Player (2020 VS 2024)
 Table 12. Global Wave-Based NDT Solutions Companies Headquarters
 Table 13. Global Wave-Based NDT Solutions Market Concentration Ratio (CR5 and HHI)
 Table 14. Key Market Entrant/Exit (2020-2024) – Drivers & Impact Analysis
 Table 15. Key Mergers & Acquisitions, Expansion Plans, R&D Investment
 Table 16. Global Wave-Based NDT Solutions Revenue by Type (2020-2025) & (US$ Million)
 Table 17. Global Wave-Based NDT Solutions Revenue by Type (2026-2031) & (US$ Million)
 Table 18. Key Product Attributes and Differentiation
 Table 19. Global Wave-Based NDT Solutions Revenue by Application (2020-2025) & (US$ Million)
 Table 20. Global Wave-Based NDT Solutions Revenue by Application (2026-2031) & (US$ Million)
 Table 21. Wave-Based NDT Solutions High-Growth Sectors Demand CAGR (2024-2031)
 Table 22. Top Customers by Region
 Table 23. Top Customers by Application
 Table 24. North America Wave-Based NDT Solutions Growth Accelerators and Market Barriers
 Table 25. North America Wave-Based NDT Solutions Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
 Table 26. Europe Wave-Based NDT Solutions Growth Accelerators and Market Barriers
 Table 27. Europe Wave-Based NDT Solutions Revenue Grow Rate (CAGR) by Country: 2020 VS 2024 VS 2031 (US$ Million)
 Table 28. Asia-Pacific Wave-Based NDT Solutions Growth Accelerators and Market Barriers
 Table 29. Asia-Pacific Wave-Based NDT Solutions Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 30. Central and South America Wave-Based NDT Solutions Investment Opportunities and Key Challenges
 Table 31. Central and South America Wave-Based NDT Solutions Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
 Table 32. Middle East and Africa Wave-Based NDT Solutions Investment Opportunities and Key Challenges
 Table 33. Middle East and Africa Wave-Based NDT Solutions Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
 Table 34. Waygate Technologies Corporation Information
 Table 35. Waygate Technologies Description and Major Businesses
 Table 36. Waygate Technologies Product Features and Attributes
 Table 37. Waygate Technologies Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 38. Waygate Technologies Revenue Proportion by Product in 2024
 Table 39. Waygate Technologies Revenue Proportion by Application in 2024
 Table 40. Waygate Technologies Revenue Proportion by Geographic Area in 2024
 Table 41. Waygate Technologies Wave-Based NDT Solutions SWOT Analysis
 Table 42. Waygate Technologies Recent Developments
 Table 43. Olympus (Evident) Corporation Information
 Table 44. Olympus (Evident) Description and Major Businesses
 Table 45. Olympus (Evident) Product Features and Attributes
 Table 46. Olympus (Evident) Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 47. Olympus (Evident) Revenue Proportion by Product in 2024
 Table 48. Olympus (Evident) Revenue Proportion by Application in 2024
 Table 49. Olympus (Evident) Revenue Proportion by Geographic Area in 2024
 Table 50. Olympus (Evident) Wave-Based NDT Solutions SWOT Analysis
 Table 51. Olympus (Evident) Recent Developments
 Table 52. Mistras Corporation Information
 Table 53. Mistras Description and Major Businesses
 Table 54. Mistras Product Features and Attributes
 Table 55. Mistras Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 56. Mistras Revenue Proportion by Product in 2024
 Table 57. Mistras Revenue Proportion by Application in 2024
 Table 58. Mistras Revenue Proportion by Geographic Area in 2024
 Table 59. Mistras Wave-Based NDT Solutions SWOT Analysis
 Table 60. Mistras Recent Developments
 Table 61. Eddyfi Technologies Corporation Information
 Table 62. Eddyfi Technologies Description and Major Businesses
 Table 63. Eddyfi Technologies Product Features and Attributes
 Table 64. Eddyfi Technologies Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 65. Eddyfi Technologies Revenue Proportion by Product in 2024
 Table 66. Eddyfi Technologies Revenue Proportion by Application in 2024
 Table 67. Eddyfi Technologies Revenue Proportion by Geographic Area in 2024
 Table 68. Eddyfi Technologies Wave-Based NDT Solutions SWOT Analysis
 Table 69. Eddyfi Technologies Recent Developments
 Table 70. Sonatest Corporation Information
 Table 71. Sonatest Description and Major Businesses
 Table 72. Sonatest Product Features and Attributes
 Table 73. Sonatest Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 74. Sonatest Revenue Proportion by Product in 2024
 Table 75. Sonatest Revenue Proportion by Application in 2024
 Table 76. Sonatest Revenue Proportion by Geographic Area in 2024
 Table 77. Sonatest Wave-Based NDT Solutions SWOT Analysis
 Table 78. Sonatest Recent Developments
 Table 79. NOVOTEST Corporation Information
 Table 80. NOVOTEST Description and Major Businesses
 Table 81. NOVOTEST Product Features and Attributes
 Table 82. NOVOTEST Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 83. NOVOTEST Recent Developments
 Table 84. SONOTEC GmbH Corporation Information
 Table 85. SONOTEC GmbH Description and Major Businesses
 Table 86. SONOTEC GmbH Product Features and Attributes
 Table 87. SONOTEC GmbH Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 88. SONOTEC GmbH Recent Developments
 Table 89. Elcometer Corporation Information
 Table 90. Elcometer Description and Major Businesses
 Table 91. Elcometer Product Features and Attributes
 Table 92. Elcometer Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 93. Elcometer Recent Developments
 Table 94. Sonotron NDT Corporation Information
 Table 95. Sonotron NDT Description and Major Businesses
 Table 96. Sonotron NDT Product Features and Attributes
 Table 97. Sonotron NDT Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 98. Sonotron NDT Recent Developments
 Table 99. Screening Eagle Technologies Corporation Information
 Table 100. Screening Eagle Technologies Description and Major Businesses
 Table 101. Screening Eagle Technologies Product Features and Attributes
 Table 102. Screening Eagle Technologies Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 103. Screening Eagle Technologies Recent Developments
 Table 104. DeFelsko Corporation Corporation Information
 Table 105. DeFelsko Corporation Description and Major Businesses
 Table 106. DeFelsko Corporation Product Features and Attributes
 Table 107. DeFelsko Corporation Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 108. DeFelsko Corporation Recent Developments
 Table 109. Karl Deutsch Corporation Information
 Table 110. Karl Deutsch Description and Major Businesses
 Table 111. Karl Deutsch Product Features and Attributes
 Table 112. Karl Deutsch Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 113. Karl Deutsch Recent Developments
 Table 114. PCE Instruments Corporation Information
 Table 115. PCE Instruments Description and Major Businesses
 Table 116. PCE Instruments Product Features and Attributes
 Table 117. PCE Instruments Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 118. PCE Instruments Recent Developments
 Table 119. Cygnus Corporation Information
 Table 120. Cygnus Description and Major Businesses
 Table 121. Cygnus Product Features and Attributes
 Table 122. Cygnus Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 123. Cygnus Recent Developments
 Table 124. Rigaku Corporation Information
 Table 125. Rigaku Description and Major Businesses
 Table 126. Rigaku Product Features and Attributes
 Table 127. Rigaku Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 128. Rigaku Recent Developments
 Table 129. NDT Systems Corporation Information
 Table 130. NDT Systems Description and Major Businesses
 Table 131. NDT Systems Product Features and Attributes
 Table 132. NDT Systems Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 133. NDT Systems Recent Developments
 Table 134. Helmut Fischer Corporation Information
 Table 135. Helmut Fischer Description and Major Businesses
 Table 136. Helmut Fischer Product Features and Attributes
 Table 137. Helmut Fischer Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 138. Helmut Fischer Recent Developments
 Table 139. Hitachi High-Tech Corporation Information
 Table 140. Hitachi High-Tech Description and Major Businesses
 Table 141. Hitachi High-Tech Product Features and Attributes
 Table 142. Hitachi High-Tech Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 143. Hitachi High-Tech Recent Developments
 Table 144. BYK-Gardner Corporation Information
 Table 145. BYK-Gardner Description and Major Businesses
 Table 146. BYK-Gardner Product Features and Attributes
 Table 147. BYK-Gardner Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 148. BYK-Gardner Recent Developments
 Table 149. CGM Cigiemme Corporation Information
 Table 150. CGM Cigiemme Description and Major Businesses
 Table 151. CGM Cigiemme Product Features and Attributes
 Table 152. CGM Cigiemme Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 153. CGM Cigiemme Recent Developments
 Table 154. Mitech Corporation Information
 Table 155. Mitech Description and Major Businesses
 Table 156. Mitech Product Features and Attributes
 Table 157. Mitech Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 158. Mitech Recent Developments
 Table 159. Nantong Union Corporation Information
 Table 160. Nantong Union Description and Major Businesses
 Table 161. Nantong Union Product Features and Attributes
 Table 162. Nantong Union Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 163. Nantong Union Recent Developments
 Table 164. Raw Materials Key Suppliers
 Table 165. Distributors List
 Table 166. Market Trends and Market Evolution
 Table 167. Market Drivers and Opportunities
 Table 168. Market Challenges, Risks, and Restraints
 Table 169. Research Programs/Design for This Report
 Table 170. Key Data Information from Secondary Sources
 Table 171. Key Data Information from Primary Sources


List of Figures
 Figure 1. Wave-Based NDT Solutions Product Picture
 Figure 2. Global Wave-Based NDT Solutions Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)
 Figure 3. Ultrasonic Wave Testing Product Picture
 Figure 4. Magnetic Wave Testing Product Picture
 Figure 5. Others Product Picture
 Figure 6. Global Wave-Based NDT Solutions Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)
 Figure 7. Industrial and Automotive
 Figure 8. Power and Energy
 Figure 9. Aerospace and Transportation
 Figure 10. Electronics
 Figure 11. Other
 Figure 12. Wave-Based NDT Solutions Report Years Considered
 Figure 13. Global Wave-Based NDT Solutions Revenue, (US$ Million), 2020 VS 2024 VS 2031
 Figure 14. Global Wave-Based NDT Solutions Revenue (2020-2031) & (US$ Million)
 Figure 15. Global Wave-Based NDT Solutions Revenue (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 16. Global Wave-Based NDT Solutions Revenue Market Share by Region (2020-2031)
 Figure 17. Global Wave-Based NDT Solutions Revenue Market Share Ranking (2024)
 Figure 18. Tier Distribution by Revenue Contribution (2020 VS 2024)
 Figure 19. Ultrasonic Wave Testing Revenue Market Share by Player in 2024
 Figure 20. Magnetic Wave Testing Revenue Market Share by Player in 2024
 Figure 21. Others Revenue Market Share by Player in 2024
 Figure 22. Global Wave-Based NDT Solutions Revenue Market Share by Type (2020-2031)
 Figure 23. Global Wave-Based NDT Solutions Revenue Market Share by Application (2020-2031)
 Figure 24. North America Wave-Based NDT Solutions Revenue YoY (2020-2031) & (US$ Million)
 Figure 25. North America Top 5 Players Wave-Based NDT Solutions Revenue (US$ Million) in 2024
 Figure 26. North America Wave-Based NDT Solutions Revenue (US$ Million) by Type (2020 - 2031)
 Figure 27. North America Wave-Based NDT Solutions Revenue (US$ Million) by Application (2020-2031)
 Figure 28. US Wave-Based NDT Solutions Revenue (2020-2031) & (US$ Million)
 Figure 29. Canada Wave-Based NDT Solutions Revenue (2020-2031) & (US$ Million)
 Figure 30. Mexico Wave-Based NDT Solutions Revenue (2020-2031) & (US$ Million)
 Figure 31. Europe Wave-Based NDT Solutions Revenue YoY (2020-2031) & (US$ Million)
 Figure 32. Europe Top 5 Players Wave-Based NDT Solutions Revenue (US$ Million) in 2024
 Figure 33. Europe Wave-Based NDT Solutions Revenue (US$ Million) by Type (2020-2031)
 Figure 34. Europe Wave-Based NDT Solutions Revenue (US$ Million) by Application (2020-2031)
 Figure 35. Germany Wave-Based NDT Solutions Revenue (2020-2031) & (US$ Million)
 Figure 36. France Wave-Based NDT Solutions Revenue (2020-2031) & (US$ Million)
 Figure 37. U.K. Wave-Based NDT Solutions Revenue (2020-2031) & (US$ Million)
 Figure 38. Italy Wave-Based NDT Solutions Revenue (2020-2031) & (US$ Million)
 Figure 39. Russia Wave-Based NDT Solutions Revenue (2020-2031) & (US$ Million)
 Figure 40. Asia-Pacific Wave-Based NDT Solutions Revenue YoY (2020-2031) & (US$ Million)
 Figure 41. Asia-Pacific Top 8 Players Wave-Based NDT Solutions Revenue (US$ Million) in 2024
 Figure 42. Asia-Pacific Wave-Based NDT Solutions Revenue (US$ Million) by Type (2020-2031)
 Figure 43. Asia-Pacific Wave-Based NDT Solutions Revenue (US$ Million) by Application (2020-2031)
 Figure 44. Indonesia Wave-Based NDT Solutions Revenue (2020-2031) & (US$ Million)
 Figure 45. Japan Wave-Based NDT Solutions Revenue (2020-2031) & (US$ Million)
 Figure 46. South Korea Wave-Based NDT Solutions Revenue (2020-2031) & (US$ Million)
 Figure 47. Australia Wave-Based NDT Solutions Revenue (2020-2031) & (US$ Million)
 Figure 48. India Wave-Based NDT Solutions Revenue (2020-2031) & (US$ Million)
 Figure 49. Indonesia Wave-Based NDT Solutions Revenue (2020-2031) & (US$ Million)
 Figure 50. Vietnam Wave-Based NDT Solutions Revenue (2020-2031) & (US$ Million)
 Figure 51. Malaysia Wave-Based NDT Solutions Revenue (2020-2031) & (US$ Million)
 Figure 52. Philippines Wave-Based NDT Solutions Revenue (2020-2031) & (US$ Million)
 Figure 53. Singapore Wave-Based NDT Solutions Revenue (2020-2031) & (US$ Million)
 Figure 54. Central and South America Wave-Based NDT Solutions Revenue YoY (2020-2031) & (US$ Million)
 Figure 55. Central and South America Top 5 Players Wave-Based NDT Solutions Revenue (US$ Million) in 2024
 Figure 56. Central and South America Wave-Based NDT Solutions Revenue (US$ Million) by Type (2020-2031)
 Figure 57. Central and South America Wave-Based NDT Solutions Revenue (US$ Million) by Application (2020-2031)
 Figure 58. Brazil Wave-Based NDT Solutions Revenue (2020-2025) & (US$ Million)
 Figure 59. Argentina Wave-Based NDT Solutions Revenue (2020-2025) & (US$ Million)
 Figure 60. Middle East and Africa Wave-Based NDT Solutions Revenue YoY (2020-2031) & (US$ Million)
 Figure 61. Middle East and Africa Top 5 Players Wave-Based NDT Solutions Revenue (US$ Million) in 2024
 Figure 62. South America Wave-Based NDT Solutions Revenue (US$ Million) by Type (2020-2031)
 Figure 63. Middle East and Africa Wave-Based NDT Solutions Revenue (US$ Million) by Application (2020-2031)
 Figure 64. GCC Countries Wave-Based NDT Solutions Revenue (2020-2025) & (US$ Million)
 Figure 65. Israel Wave-Based NDT Solutions Revenue (2020-2025) & (US$ Million)
 Figure 66. Egypt Wave-Based NDT Solutions Revenue (2020-2025) & (US$ Million)
 Figure 67. South Africa Wave-Based NDT Solutions Revenue (2020-2025) & (US$ Million)
 Figure 68. Wave-Based NDT Solutions Industry Chain Mapping
 Figure 69. Channels of Distribution (Direct Vs Distribution)
 Figure 70. Bottom-up and Top-down Approaches for This Report
 Figure 71. Data Triangulation
 Figure 72. Key Executives Interviewed
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