We salute industry experts
helping companies survive and sustain in this economic pandemic; they are
working day and night to help companies take rapid-decisions by finding
- Covid Impact on Ultrasonic
Cleaning Market, growth/decline in product type/use cases of Ultrasonic
Cleaning Market due to cascaded impact of Covid on Extended
Ecosystem..
- How top 50 companies in Ultrasonic
Cleaning Market are making rapid shifts in their strategies as we
speak here...
- Outside-in view of top 50
companies client and client's clients shifting short-term priorities
The global ultrasonic
cleaning market size is
expected to grow from USD 1.6 billion in 2019 to USD 2.2 billion by 2024, at a
CAGR of 6.5% during the forecast period. Improving efficiency and safety in
cleaning operations of components and eco-friendly cleaning process with
biodegradable waste discharge is the key factor driving the growth of the
ultrasonic cleaning industry.
The
market 1000–2000 W power output to grow at highest CAGR during the forecast
period within the ultrasonic cleaning market
The demand for 1000–2000 W is expected to
grow at the highest CAGR during the forecast period, due to higher adoption in
precision cleaning applications for automotive, aerospace, and food &
beverage verticals. The growth is attributed to the increasing demand for
ultrasonic cleaning systems for critical component cleaning, ensuring the
safety of the component while cleaning operation and providing efficiency
through precision cleaning.
The
market for food & beverage vertical to grow at the highest CAGR during the
forecast period within the ultrasonic cleaning market
Food & beverage industry is one of the
major adopters of ultrasonic cleaning technology. Ultrasonic cleaning products
help in efficient cleaning of containments, such as dirt, minerals, grime, oil,
and other residues from any surface. Major food and beverage companies, such as
Pepsi, Anheuser-Busch, Coca Cola, Miller Brewing, and Natural Alternatives, are
all using ultrasonic cleaning machines across their manufacturing facilities
around the globe. The market for food & beverage is projected to grow at
the highest CAGR during the forecast period.
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The
market in APAC is expected to grow at a significant rate during 2019–2024
APAC accounted for the largest share of
the ultrasonic cleaning market in 2018, followed by North
America and Europe in 2018. The high rate of adoption of ultrasonic cleaning
for precision cleaning in the automotive, food and beverage, and metal and
machinery industries in North America is the key factor that has helped North
America hold the leading position in the market. Furthermore, APAC is
expected to grow at the highest CAGR during the forecast period.
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