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Ultrasonic Cleaning Market Report 2024

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    Report

  • 175 Pages
  • September 2024
  • Region: Global
  • The Business Research Company
  • ID: 5997380
The ultrasonic cleaning market size has grown strongly in recent years. It will grow from $1.59 billion in 2023 to $1.71 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth observed in the historical period can be credited to heightened awareness of cleanliness, growing demands within the food sector, expansions in healthcare infrastructure and medical treatments, developments in the automotive industry, and increased manufacturing activities.

The ultrasonic cleaning market size is expected to see strong growth in the next few years. It will grow to $2.29 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. In the forecast period, growth is anticipated due to escalating demand for enhanced cleanliness, a rising preference for eco-friendly cleaning solutions, increasing demand for efficient cleaning methods, a surge in demand for precision cleaning, and expanding needs within the food and beverage sectors. Key trends in the forecast period include technological advancements, the integration of multi-frequency ultrasonic cleaners, adoption of Internet of Things capabilities, emergence of hybrid cleaning technologies, and uptake of digital ultrasonic cleaners.

The growth of the ultrasonic cleaning market is expected to be driven by the expansion of the food and beverage industry. This sector encompasses all activities related to the production, processing, packaging, distribution, and sale of food and drink products. This expansion is fueled by factors such as the increasing global population and changing consumer preferences towards healthier and more convenient food choices. Ultrasonic cleaning plays a crucial role in maintaining high standards of hygiene and sanitation within the food and beverage industry. It is utilized extensively to clean equipment and components used in food processing, packaging, and distribution, ensuring thorough cleanliness and safety standards. For example, in October 2023, the Government of Canada reported that the export value of processed food and beverage products reached $54.3 billion in 2022, marking a significant increase from the previous year and contributing significantly to the ultrasonic cleaning market's growth.

Leading companies in the ultrasonic cleaning market are actively innovating, focusing on technologies such as ultrasonic 3D printed part cleaning. This technology aims to streamline the post-processing stage of additive manufacturing by reducing cleaning time and enhancing efficiency. Ultrasonic 3D printed part cleaning utilizes high-frequency sound waves to generate microscopic bubbles in a cleaning solution, effectively removing residual materials and contaminants from 3D printed components. For instance, Omegasonics Corporation introduced an upgraded version of its ultrasonic 3D printed part cleaning technology in February 2021, tailored to meet the intricate cleaning requirements of various materials and geometries. This advanced technology features customizable cleaning cycles and enhanced cavitation power, ensuring thorough cleaning without causing damage to complex geometries and fine details.

In November 2023, Getinge, a Swedish healthcare company, acquired Healthmark Industries Co., Inc. for $320 million, aiming to strengthen its position in the medical device cleaning and sterilization market. This acquisition expands Getinge's portfolio of healthcare sterilization solutions, leveraging Healthmark's expertise in ultrasonic cleaning products and solutions for the healthcare industry.

Major companies operating in the ultrasonic cleaning market are Emerson Electric Co., Steris PLC, Telsonic AG Group, Crest Ultrasonics Corporation, Kemet International Limited, Roop Telsonics Ultrasonix Limited, Cleaning Technologies Group LLC, L&R Manufacturing, Mettler Electronics Corp., TierraTech S.L, Ultrasonic LLC, Omegasonics Corporation, Morantz Ultrasonics Inc., SharperTek USA LLC, Elma Schmidbauer GmbH, Steelco S.p.A., Blue Wave Ultrasonics LLC, Anmasi Precision Cleaning Equipment A/S, Ultrawave Limited, Pro Ultrasonics, Weber Ultrasonics AG, Unisonics Australia Pty Ltd.

North America was the largest region in the ultrasonic cleaning market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ultrasonic cleaning market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the ultrasonic cleaning market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Ultrasonic cleaning utilizes high-frequency sound waves, typically beyond human hearing range, to agitate a liquid cleaning solution, effectively cleaning delicate items without causing damage. This method finds extensive application across diverse industries.

The primary types of ultrasonic cleaning equipment include benchtop, standalone, and multistage units. Benchtop ultrasonic cleaners are compact devices intended for smaller items or samples, commonly found on laboratory benches or in confined workspaces. They achieve thorough cleaning through ultrasonic waves, making them well-suited for precise and delicate cleaning tasks. These cleaners are available in various capacities ranging from under 5 liters to over 300 liters, catering to sectors such as automotive, healthcare, food and beverage, metalworking, electrical and electronics, aerospace and defense, among others.

The ultrasonic cleaning market research report is one of a series of new reports that provides ultrasonic cleaning market statistics, including ultrasonic cleaning industry global market size, regional shares, competitors with an ultrasonic cleaning market share, detailed ultrasonic cleaning market segments, market trends, and opportunities, and any further data you may need to thrive in the ultrasonic cleaning industry. This ultrasonic cleaning research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The ultrasonic cleaning market consists of sales of aqueous ultrasonic cleaning, solvent ultrasonic cleaning, ultrasonic transducers, and cleaning accessories. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Ultrasonic Cleaning Market Characteristics3. Ultrasonic Cleaning Market Trends and Strategies
4. Ultrasonic Cleaning Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Ultrasonic Cleaning Market Size and Growth
5.1. Global Ultrasonic Cleaning Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Ultrasonic Cleaning Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Ultrasonic Cleaning Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Ultrasonic Cleaning Market Segmentation
6.1. Global Ultrasonic Cleaning Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Benchtop
  • Standalone
  • Multistage
6.2. Global Ultrasonic Cleaning Market, Segmentation by Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Up to 5L
  • 10-50 L
  • 50-100 L
  • 100-150 L
  • 150-200 L
  • 200-250 L
  • 250-300 L
  • More than 300 L
6.3. Global Ultrasonic Cleaning Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Automotive
  • Healthcare
  • Food and Beverage
  • Metal
  • Electrical and Electronics
  • Aerospace and Defense
  • Other End Users
7. Ultrasonic Cleaning Market Regional and Country Analysis
7.1. Global Ultrasonic Cleaning Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Ultrasonic Cleaning Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Ultrasonic Cleaning Market
8.1. Asia-Pacific Ultrasonic Cleaning Market Overview
(Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
8.2. Asia-Pacific Ultrasonic Cleaning Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Ultrasonic Cleaning Market, Segmentation by Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Ultrasonic Cleaning Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Ultrasonic Cleaning Market
9.1. China Ultrasonic Cleaning Market Overview
9.2. China Ultrasonic Cleaning Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Ultrasonic Cleaning Market, Segmentation by Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Ultrasonic Cleaning Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Ultrasonic Cleaning Market
10.1. India Ultrasonic Cleaning Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Ultrasonic Cleaning Market, Segmentation by Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Ultrasonic Cleaning Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Ultrasonic Cleaning Market
11.1. Japan Ultrasonic Cleaning Market Overview
11.2. Japan Ultrasonic Cleaning Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Ultrasonic Cleaning Market, Segmentation by Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Ultrasonic Cleaning Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Ultrasonic Cleaning Market
12.1. Australia Ultrasonic Cleaning Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Ultrasonic Cleaning Market, Segmentation by Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Ultrasonic Cleaning Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Ultrasonic Cleaning Market
13.1. Indonesia Ultrasonic Cleaning Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Ultrasonic Cleaning Market, Segmentation by Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Ultrasonic Cleaning Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Ultrasonic Cleaning Market
14.1. South Korea Ultrasonic Cleaning Market Overview
14.2. South Korea Ultrasonic Cleaning Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Ultrasonic Cleaning Market, Segmentation by Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Ultrasonic Cleaning Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Ultrasonic Cleaning Market
15.1. Western Europe Ultrasonic Cleaning Market Overview
15.2. Western Europe Ultrasonic Cleaning Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Ultrasonic Cleaning Market, Segmentation by Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Ultrasonic Cleaning Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Ultrasonic Cleaning Market
16.1. UK Ultrasonic Cleaning Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Ultrasonic Cleaning Market, Segmentation by Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Ultrasonic Cleaning Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Ultrasonic Cleaning Market
17.1. Germany Ultrasonic Cleaning Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Ultrasonic Cleaning Market, Segmentation by Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Ultrasonic Cleaning Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Ultrasonic Cleaning Market
18.1. France Ultrasonic Cleaning Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Ultrasonic Cleaning Market, Segmentation by Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Ultrasonic Cleaning Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Ultrasonic Cleaning Market
19.1. Italy Ultrasonic Cleaning Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Ultrasonic Cleaning Market, Segmentation by Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Ultrasonic Cleaning Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Ultrasonic Cleaning Market
20.1. Spain Ultrasonic Cleaning Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Ultrasonic Cleaning Market, Segmentation by Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Ultrasonic Cleaning Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Ultrasonic Cleaning Market
21.1. Eastern Europe Ultrasonic Cleaning Market Overview
21.2. Eastern Europe Ultrasonic Cleaning Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Ultrasonic Cleaning Market, Segmentation by Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Ultrasonic Cleaning Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Ultrasonic Cleaning Market
22.1. Russia Ultrasonic Cleaning Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Ultrasonic Cleaning Market, Segmentation by Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Ultrasonic Cleaning Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Ultrasonic Cleaning Market
23.1. North America Ultrasonic Cleaning Market Overview
23.2. North America Ultrasonic Cleaning Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Ultrasonic Cleaning Market, Segmentation by Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Ultrasonic Cleaning Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Ultrasonic Cleaning Market
24.1. USA Ultrasonic Cleaning Market Overview
24.2. USA Ultrasonic Cleaning Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Ultrasonic Cleaning Market, Segmentation by Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Ultrasonic Cleaning Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Ultrasonic Cleaning Market
25.1. Canada Ultrasonic Cleaning Market Overview
25.2. Canada Ultrasonic Cleaning Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Ultrasonic Cleaning Market, Segmentation by Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Ultrasonic Cleaning Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Ultrasonic Cleaning Market
26.1. South America Ultrasonic Cleaning Market Overview
26.2. South America Ultrasonic Cleaning Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Ultrasonic Cleaning Market, Segmentation by Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Ultrasonic Cleaning Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Ultrasonic Cleaning Market
27.1. Brazil Ultrasonic Cleaning Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Ultrasonic Cleaning Market, Segmentation by Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Ultrasonic Cleaning Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Ultrasonic Cleaning Market
28.1. Middle East Ultrasonic Cleaning Market Overview
28.2. Middle East Ultrasonic Cleaning Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Ultrasonic Cleaning Market, Segmentation by Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Ultrasonic Cleaning Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Ultrasonic Cleaning Market
29.1. Africa Ultrasonic Cleaning Market Overview
29.2. Africa Ultrasonic Cleaning Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Ultrasonic Cleaning Market, Segmentation by Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Ultrasonic Cleaning Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Ultrasonic Cleaning Market Competitive Landscape and Company Profiles
30.1. Ultrasonic Cleaning Market Competitive Landscape
30.2. Ultrasonic Cleaning Market Company Profiles
30.2.1. Emerson Electric Co.
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Steris PLC
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Telsonic AG Group
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Crest Ultrasonics Corporation
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Kemet International Limited
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Ultrasonic Cleaning Market Other Major and Innovative Companies
31.1. Roop Telsonics Ultrasonix Limited
31.2. Cleaning Technologies Group LLC
31.3. L&R Manufacturing
31.4. Mettler Electronics Corp.
31.5. TierraTech S.L
31.6. Ultrasonic LLC
31.7. Omegasonics Corporation
31.8. Morantz Ultrasonics Inc.
31.9. SharperTek USA LLC
31.10. Elma Schmidbauer GmbH
31.11. Steelco S.p.a.
31.12. Blue Wave Ultrasonics LLC
31.13. Anmasi Precision Cleaning Equipment a/S
31.14. Ultrawave Limited
31.15. Pro Ultrasonics
32. Global Ultrasonic Cleaning Market Competitive Benchmarking33. Global Ultrasonic Cleaning Market Competitive Dashboard34. Key Mergers and Acquisitions in the Ultrasonic Cleaning Market
35. Ultrasonic Cleaning Market Future Outlook and Potential Analysis
35.1 Ultrasonic Cleaning Market in 2028 - Countries Offering Most New Opportunities
35.2 Ultrasonic Cleaning Market in 2028 - Segments Offering Most New Opportunities
35.3 Ultrasonic Cleaning Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Ultrasonic Cleaning Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on ultrasonic cleaning market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for ultrasonic cleaning ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The ultrasonic cleaning market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Product: Benchtop; Standalone; Multistage
2) By Capacity: Up To 5L; 10-50 L; 50-100 L; 100-150 L; 150-200 L; 200-250 L; 250-300 L; More than 300 L
3) By End User: Automotive; Healthcare; Food And Beverage; Metal; Electrical And Electronics; Aerospace And Defense; Other End Users

Key Companies Mentioned: Emerson Electric Co.; Steris PLC; Telsonic AG Group; Crest Ultrasonics Corporation; Kemet International Limited

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Methodology

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Table Information