Acoustic Emission-based NDT Market

Acoustic Emission-based NDT Market Outlook (2024 to 2034)

The global acoustic emission-based NDT market is estimated to generate revenue worth US$ 307.5 million in 2024 and thereafter forecasted to a reach value of US$ 477.6 million by the end of 2034. The market has been projected to rise at a 4.5% CAGR between 2024 and 2034.

Industries such as oil & gas, aerospace, nuclear power, and others are widely using acoustic emission-based non-destructive testing (NDT) methods to meet strict industrial safety laws in several countries. According to these laws or requirements, crucial structures and parts need to be thoroughly and continuously inspected for any defects and weaknesses that possibly cause malfunctions or accidents.

The increasing use of acoustic emission-based NDT in these industries is attributed to their features of detecting structural problems early on, subsequently enabling preventative maintenance and lowering the possibility of catastrophic failures. Companies from several industries are finding acoustic emission-based NDT methods an ideal choice as they are helping them maintain high standards of structural integrity and operational safety.

Key Market Growth Drivers

• Adoption of acoustic emission-based NDT techniques is increasing due to strict safety rules in industries such as oil and gas, aerospace, and nuclear power. In several countries, these rules are getting more stringent to assure structural integrity and prevent accidents.
• The demand for acoustic emission-based NDT, which is useful in identifying early indications of material degradation is increasing because of the necessity of monitoring and maintaining aged infrastructure such as bridges, pipelines, and power plants.
• One of the key acoustic emission-based NDT market trends is ongoing advancements in its sensors and data-gathering systems, which are increasing their appeal for crucial applications.
• The aerospace & defense industry is further contributing to acoustic emission-based NDT market size expansion as they need precise nondestructive testing procedures to guarantee the operation and safety of military equipment and aircraft.
• Predictive maintenance techniques are being widely used by several industries to cut down expenses and time. Acoustic emission-based NDT is becoming essential for seeing possible problems before they happen.
• The growing renewable energy industry, especially wind and solar power is widely using acoustic emission-based NDT to check the structural integrity of vital parts such as wind turbine blades.
• Strong nondestructive testing (NDT) procedures such as acoustic emission testing, are becoming important to maintain vehicle safety and performance in the automotive sector, which is focused on lightweight materials and innovative manufacturing processes.

Report Attribute	Detail
Acoustic Emission-based NDT Market Size (2024E)	US$ 307.5 Million
Forecasted Market Value (2034F)	US$ 477.6 Million
Global Market Growth Rate (2024 to 2034)	4.5% CAGR
North America Market Share (2024E)	35%
East Asia Market Value (2024E)	US$ 43.7 Million
Multiple Channel Source Location Technique Segment Value (2034F)	US$ 143.8 Million
Multi-Axis Linear Motors Segment Value (2034F)	US$ 281.8 Million
Key Companies Profiled	Parker Hannifin Ltd.; Score Atlanta; General Electric; Vallen Systeme GmBH; Cybernetix; KRN Services, Inc.; MISTRAS Group, Inc.; Arudra Engineers Pvt. Ltd.; Olympus Corporation; TechnipFMC; Cygnus Instruments; SPIE; Precision Aerospace Group; XCEL NDT.

Which Factors are Stimulating Adoption of Acoustic Emission-based NDT?

“Technological Advancements in Sensor Technology Positively Affecting Demand Growth”

Continuous ongoing advancements in sensor technology are enhancing the capabilities of acoustic emission-based NDT techniques. Innovations in acoustic emission sensors such as higher sensitivity, better noise reduction, improved signal processing, and others are increasing the accuracy and reliability of these inspections.

These developments are enabling more precise detection of material defects, stress points, and structural weaknesses, making acoustic emission-based NDT methods more effective for crucial applications such as aerospace, nuclear power, infrastructure, and others. As a result, these technological advancements are driving the adoption and acoustic emission-based NDT market growth.

What are the Key Constraints Faced by the Market Competitors?

“High Expenses Related to Purchasing, Deploying, and Maintenance”

A key factor that is limiting the market growth for acoustic emission-based NDT is a high initial cost requirement for purchasing and deployment, particularly for small and medium-sized companies. These systems regularly need large investments related to software and hardware, which is not budget-friendly for all companies. Other than these, staff training and incorporating the technology into current workflows further increases the financial load on companies.

Due to a high investment requirement from purchasing to maintenance, several companies particularly small ones, avoid adopting them, which is negatively hampering the market expansion.

Country-wise Insights

The North American region is estimated to hold 35% of the worldwide acoustic emission-based NDT market share in 2024 because of strict safety and quality requirements in industries such as aerospace, defense, and oil & gas. The market in East Asia is projected to expand at a notable CAGR of 6.3% throughout the projection period (2024 to 2034) due to continuous industrial expansion.

Why is the Adoption of Acoustic Emission-based NDT Increasing in the United States?

“Strict Rules and Regulation in Oil & Gas, Aerospace, and Defense Industries”

Attribute	United States
Market Value (2024E)	US$ 87.2 Million
Growth Rate (2024 to 2034)	3.2% CAGR
Projected Value (2034F)	US$ 119.1 Million

The utilization of acoustic emission-based NDT methods increasing in the United States due to the implementation of stringent safety and quality standards in industries such as aerospace, defense, and energy. To meet these regulations and avoid any kind of malfunction, companies in these industries are widely adopting acoustic emission-based nondestructive testing. Acoustic emission-based NDT is becoming extremely valuable due to its ability to identify material degradation and structural problems at an early stage that are possibly not visible with techniques.

Because it satisfies the strict requirements set by regulatory agencies and offers comprehensive, real-time insights into the state of crucial components, it is becoming an important technique for preserving operational integrity and safety in these high-risk industries in the United States.

Why is Japan a potentially profitable market for Acoustic Emission-based NDT Providers?

“Increasing Focus on Improving Data Analysis and Acoustic Emission Technology”

Attribute	Japan
Market Value (2024E)	US$ 12.6 Million
Growth Rate (2024 to 2034)	6.4% CAGR
Projected Value (2034F)	US$ 23.5 Million

The demand for accurate and dependable non-destructive testing methods is increasing in Japan due to its advanced industrial and technology industries, which include aerospace and automobile. Other than this, continuous technological advancements in data analysis and acoustic emission technology are improving the efficacy and efficiency of NDT, which is further driving the market expansion in the country.

NDT’s capacity to identify and evaluate structural flaws is improved by enhanced sensor capabilities, advanced data processing algorithms, and real-time monitoring systems. The growing use of these advanced testing systems in Japan is a result of this alignment of high requirements for quality and safety with an emphasis on technological innovations.

Category-wise Insights

Based on application, the market is segmented into cranes, bridges, pipelines, pressure vessels, storage tanks, aircraft, and bucket trucks. The aircraft segment holds a significant portion of the market because of its ability to identify and track the beginning and advancement of structural deterioration.

Which Technique of Acoustic Emission-based NDT is Widely Preferred?

“Precise Fault Identification in Complex Structures”

Attribute	Multiple Channel Source Location Technique
Segment Value (2024E)	US$ 105.2 Million
Growth Rate (2024 to 2034)	3.2% CAGR
Projected Value (2034F)	US$ 143.8 Million

The demand for multiple-channel source location techniques of NDT is high in comparison with others because they provide improved precision and dependability in identifying and localizing the source of flaws or malfunctions. This method increases the testing process's sensitivity and spatial resolution by using several channels, making it possible to identify problems with intricate structures or materials more precisely.

This capacity is critical for sectors such as aerospace, automotive, and infrastructure that need precise defect identification to ensure performance and safety and demand in-depth and accurate inspection.

Which Axis Segment Accounts for a Significant Portion of Market Share?

“Versatility in Defect Detection and Material Examination Making Them Ideal Choice”

Attribute	Multi-Axis Linear Motors
Segment Value (2024E)	US$ 144.5 Million
Growth Rate (2024 to 2034)	6.9% CAGR
Projected Value (2034F)	US$ 281.8 Million

Demand for multi-axis linear motors increasing at a high pace in comparison with single-axis ones due to their capacity to offer more thorough and effective testing capabilities. Larger or irregularly shaped surfaces are covered by multi-axis systems, which enable simultaneous movement in several directions (e.g., X, Y, and Z-axes) and more complex scanning patterns. This adaptability is especially useful in nondestructive testing (NDT) applications, where finding flaws or irregularities in materials necessitates careful inspection from several perspectives.

Multi-axis systems are becoming more popular in industries where strict quality control and safety regulations are crucial because of their increased precision, speed, and flexibility, which improve testing accuracy and shorten inspection periods.

Competitive Landscape

Key players in the acoustic emission-based NDT market are investing in R&D projects to create advanced systems with better features such as increased sensitivity, accuracy, and data analysis capabilities to improve or maintain their market position.

• In July 2024, the acquisition of 100% of SIRAC, ABC, and ETC leaders in non-destructive inspections and testing in the nuclear industry was announced by SPIE, the independent European leader in multi-technical services in the energy and communications sectors.
• In March 2024, Precision Aerospace Group (PAG) acquired Aerofab NDT, a Kent, Washington-based business that designs customized non-destructive testing (NDT) instruments to protect the integrity of aerospace components. PAG is a top supplier of goods and value-added services to the aerospace, defense, and space industries.
• In October 2023, the acquisition of XCEL NDT, a company that offers non-destructive testing services for vital infrastructure assets in the pipeline, general industrial, and petrochemical industries, was announced by Graycliff Partners.

Fact.MR provides detailed information about the price points of key companies of acoustic emission-based NDT positioned across the world, sales growth, production capacity, and speculative technological expansion, in this new market report.

Segmentation of Acoustic Emission-based NDT Market Research

• By Technique :

  • Multiple Channel Source Location
  • Linear Location
  • Zonal Location
  • Point Location

• By Axis :

  • Single-Axis Linear Motors
  • Multi-Axis Linear Motors

• By Detection Method :

  • Sensors
  • Piezoelectricity

• By Application :

  • Cranes
  • Bridges
  • Pipelines
  • Pressure Vessels
  • Storage Tanks
  • Aircraft
  • Bucket Trucks

• By Region :

  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa