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The global ultrasonic cleaning equipment market size is expected to showcase considerable growth by reaching USD 783.1 million by 2027. The growth is attributable to the increasing focus on enabling optimum condition of advanced precision machine parts that drives the demand for innovative ultrasonic cleaning equipment across the globe. This information is published by Fortune Business Insights, in its latest report, titled, “Ultrasonic Cleaning Equipment Market Size, Share & COVID-19 Impact Analysis, By Type (Standalone, Benchtop, Multistage), By Application (Automotive, Healthcare, Electrical & Electronics, Aerospace & Defense and Others), and Regional Forecast, 2020-2027.” The report further observes that the market stood at USD 604.8 million in 2019 and is likely to exhibit a CAGR of 3.3% between 2020 and 2027.
Emerson Introduces Advanced Ultrasonic Generators to Expand Their Product Portfolio & Sales Revenue
In August 2020, Emerson Electric announced the launch of a new Branson GCX series of ultrasonic generators. According to the company, the generators provide user-friendly controls and advanced features to deliver ultrasonic energy for precision ultrasonic cleaning equipment adopted across several industrial applications such as automotive, medical, electronic, and others.
Nitin Phadnis, Director of Precision Cleaning Products, Emerson, said, “The GCX series offers durability and superior performance of the S8000 series. Additionally, the communication and HMI capability of the generators provide greater level of precision cleaning, control, and information for the ultrasonic type of cleaning equipment.”
To get a detailed report summary and research scope of this market, click here:
https://www.fortunebusinessinsights.com/ultrasonic-cleaning-equipment-market-104501
Increasing Focus on Precision Cleaning of Advanced Machine Parts to Augment Growth
Several industries are deploying intelligent and connected machines to speed-up the operating processes. These machines are configured with advanced sensors and connectors that require timely inspection to ensure optimum working conditions. The increasing adoption of such high precision machines is driving the demand for advanced ultrasonic cleaning machine during the forecast period. In addition to this, the increasing demand for electric vehicles is driving the automotive sector that is likely to bode well for the global ultrasonic cleaning equipment market growth in the forthcoming years.
Eminent Companies Focus on Merger & Acquisition to Brighten Their Market Prospects
The global market comprises small, medium, and large companies striving to maintain strongholds. The major companies are focusing on acquiring other small companies to expand their ultrasonic cleaning equipment portfolio and further maintain market presence in the highly competitive global marketplace.
Industry Development:
List of the Companies Operating in the Global Market:
Further Report Findings:
Table of Segmentation:
ATTRIBUTE | DETAILS |
Study Period | 2016-2027 |
Base Year | 2019 |
Forecast Period | 2020-2027 |
Historical Period | 2016-2018 |
Unit | Value (USD Million) |
Segmentation | Type, Application, Geography |
By Type |
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By Application |
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By Geography |
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