Policy support and market prospects
Policy support: In recent years, the Chinese government has provided strong support for the application and research and development of ultrasonic equipment. For example, the draft of "Technical Requirements and Test Methods for Automatic Emergency Braking Systems of Light Vehicles" released by the National Standardization Management Committee for comments clearly upgrades the Automatic Emergency Braking System (AEBS) from a recommended standard to a mandatory national standard. This policy change will not only reshape the development path of China's automotive safety technology, but also give birth to an emerging market with a scale of over 100 billion yuan. In addition, the Chinese government has provided specific analysis of the development environment and market demand forecast for the ultrasonic testing (UT) industry, which provides important references for enterprise investment decisions and strategic planning.
Market demand: Ultrasonic equipment has a wide range of applications in medical, industrial and other fields. In the medical field, ultrasound equipment is mainly used for diagnosis and treatment, and the market demand continues to grow. In the industrial field, ultrasonic testing is widely used in non-destructive testing, especially in industries such as special equipment, rail transit, energy and power. With the advancement of technology and the expansion of application fields, the market demand for ultrasonic equipment will continue to grow.
Market size and growth forecast
Market size: According to statistics, the global ultrasound equipment market size in 2023 is approximately 8.13 billion US dollars, with the Asia Pacific region having the largest proportion. In the Chinese market, the market size of ultrasound instruments reached about 10.4 billion yuan in 2021. It is predicted that by 2025, the market size of ultrasound instruments in China will approach 20 billion yuan, with a high compound annual growth rate.
Growth forecast: It is expected that the global ultrasonic radar market will exceed $5 billion by 2025 and reach $6.726 billion by 2027. This growth is mainly due to the application of ultrasonic radar in autonomous driving and its longer lifecycle.
Technological progress and innovation
Technological progress: The technological progress of ultrasound equipment is mainly reflected in higher imaging quality and wider application fields. For example, the color Doppler ultrasound diagnostic instrument has improved imaging quality and diagnostic accuracy by integrating color Doppler technology, becoming a high-end product in the field of medical ultrasound. In addition, the application of ultrasonic testing technology in non-destructive testing is constantly improving, especially in the inspection and testing of metal materials and components, where it performs well.
