Ultrasonic Cleaning Equipment Market - Global Industry Analysis

Ultrasonic Cleaning Equipment Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Pharmaceutical Report Format : PDF Report Code: ZMR-6661 Status : Upcoming

Description

Global Ultrasonic Cleaning Equipment Market: Overview

In an ultrasonic bath, sound waves (unperceivable to humans) pass through water and cleaning liquid to clean the surface. Ultrasonic cleaning is a gentle and effective way to thoroughly clean any material. With high-frequency sounds, cavitation bubbles are created by the equipment. As a result of the bubbles, the contaminants are agitated, applying high pressure to the solvent. Piezoelectric materials such as lead zirconate and barium titanate are used in the equipment. It can be applied to nano- & microelectronics, optical systems, medical implants, and voluminous components of the automotive industry.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Ultrasonic Cleaning Equipment Market: Growth Factors

The global ultrasonic cleaning equipment market is growing at a lucrative pace owing to an increase in demand from developing countries and a significant rise in cleaning solvents as well as chemicals. Factors that are fueling the growth of the global market include the emergence of industry 4.0, consumer inclination toward smart factories, and rising usage of smart cleaning devices & equipment. In addition to this, India and China's expansion as global manufacturing hubs for automotive & industrial equipment are predicted to increase demand for ultrasonic cleaning equipment. Also, the benefits associated with this cleaning equipment such as reduced operation time, increase productivity, cleaning of most complicated geometries and automated cleaning process makes it most preferred by the end-user industries over other cleaning types of equipment. The leading players are implementing vertical incorporation to increase their profitability. In order to cut costs & increase productivity, leading companies are actively pursuing strategic collaboration & mergers approaches. All such factors are driving the growth of the global market. Further, the rapidly growing healthcare and aerospace industry along with stringent government regulatory norms are enhancing the demand and driving the market growth. In addition, the emergence of small and medium-scale manufacturers is also projected to create a potential impact on the market growth. However, the high cost involved in the configuration of types of machinery and limited availability of skilled workforce is anticipated to hamper the demand of global ultrasonic cleaning equipment market. On the other hand, rapid growth in the deployment of connected and intelligent machinery along with technological advancements across the end-user industries is expected to offer ample opportunities to the growth of the global ultrasonic cleaning equipment market over the forecast period.

The global rise in infection of COVID-19 has impacted every business across the world. However, major manufacturing and transportation industries have experienced a major decline in market growth. Factors such as the sudden imposition of stringent regulations on production, transportation, and movement have disrupted the overall supply chain of the industrial sector. The growth of the ultrasonic cleaning equipment market directly depends on the demand from end-user industries such as automotive, healthcare, electrical & electronics, aerospace & defense, chemical industries, and much more. In addition, the COVID-19 pandemic has shut down the production of various products required in ultrasonic cleaning equipment. The COVID-19 has already had a negative effect on sales of ultrasonic cleaning equipment in the first quarter of 2021 and it is anticipated that the impact will continue during the rest of the year.

Global Ultrasonic Cleaning Equipment Market: Segmentation

The global ultrasonic cleaning equipment market is divided based on product type, application, and region. On the basis of product type, the global ultrasonic cleaning equipment market is split into benchtop, standalone, and multistage. The application segment is bifurcated into automotive, healthcare, electrical & electronics, aerospace & defense, chemical industries, and others.

Global Ultrasonic Cleaning Equipment Market: Regional Analysis

Geographically, the North America region is estimated to hold the maximum share in the global ultrasonic cleaning equipment market during the forecast period. The high rate of adoption of precision cleaning and ultrasonic cleaning in food & beverage, metal & machinery, and the automotive industry are boosting the growth of the market in this region. On the other side, Asia Pacific is anticipated to grow at a high rate and is expected to offer new opportunities for the growth of the market. Some of the factors that are propelling the growth of the market in this region include the presence of a huge industrial sector. Also, small and medium scale vendors are focusing on expanding geographic presence across various nations is propelling growth in the Asia Pacific region.

Global Ultrasonic Cleaning Equipment Market: Competitive Players

The global ultrasonic cleaning equipment market is fragmented due to the presence of international as well as domestic players. Blue Wave Ultrasonics Inc., Mettler Electronics Corp., Crest Ultrasonics Corp., Luneau Technology Group, GT Sonic, SharperTek USA, Elma Schmiedbauer GmbH, L&R Manufacturing Co., and Steelco S.p.A are some of the dominant players that are functioning in the global ultrasonic cleaning equipment market. The leading players are investing in organic and inorganic strategies to gain profitability. Further, these manufacturers are focusing on implementing vertical integration and advancement in technology to reduce costs and improve machinery efficiency.

Global Ultrasonic Cleaning Equipment Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

The global ultrasonic cleaning equipment market is growing at a lucrative pace owing to an increase in demand from developing countries and a significant rise in cleaning solvents as well as chemicals. Furthermore, rapid growth in the deployment of connected and intelligent machinery along with technological advancements across the end-user industries is expected to offer ample opportunities to the growth of the ultrasonic cleaning equipment market over the forecast period.

Blue Wave Ultrasonics Inc., Mettler Electronics Corp., Crest Ultrasonics Corp., Luneau Technology Group, GT Sonic, SharperTek USA, Elma Schmiedbauer GmbH, L&R Manufacturing Co., and Steelco S.p.A are some of the dominant players that are functioning in the global ultrasonic cleaning equipment market.

The North America region is estimated to hold the highest share in the global ultrasonic cleaning equipment market during the forecast period. The high rate of adoption of precision cleaning and ultrasonic cleaning in food and beverage, and metal and machinery, and the automotive industry are boosting the growth of the market in this region.

 

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