| Product Code: ETC7902067 | Publication Date: Sep 2024 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2023, Laos saw a shift in the market for ultrasonic non-destructive testing equipment imports, with top exporters being Thailand, China, Singapore, Areas, nes, and Australia. The Herfindahl-Hirschman Index (HHI) indicated a change from very high concentration in 2022 to high concentration in 2023, suggesting a more competitive landscape. However, the compound annual growth rate (CAGR) experienced a significant decline of -23.64%, while the growth rate itself was -15.02%. These figures highlight a challenging environment for import shipments of NDT equipment in Laos, indicating a need for strategic adjustments by exporters to regain momentum.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market Overview |
3.1 Laos Country Macro Economic Indicators |
3.2 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market - Industry Life Cycle |
3.4 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market - Porter's Five Forces |
3.5 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for quality inspection and testing in various industries |
4.2.2 Growing awareness about the benefits of ultrasonic non-destructive testing equipment |
4.2.3 Technological advancements leading to the development of more efficient and accurate equipment |
4.3 Market Restraints |
4.3.1 High initial investment cost for ultrasonic non-destructive testing equipment |
4.3.2 Lack of skilled professionals to operate and interpret results from the equipment |
4.3.3 Limited adoption of advanced testing technologies in certain industries |
5 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market Trends |
6 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market, By Types |
6.1 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market Revenues & Volume, By Longitudinal Wave, 2021- 2031F |
6.1.4 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market Revenues & Volume, By Shear Wave, 2021- 2031F |
6.1.5 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market Revenues & Volume, By Surface Wave, 2021- 2031F |
6.1.6 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market Revenues & Volume, By Board Wave, 2021- 2031F |
6.2 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.3 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market Revenues & Volume, By Construction Sector, 2021- 2031F |
6.2.4 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market Revenues & Volume, By Others, 2021- 2031F |
7 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market Import-Export Trade Statistics |
7.1 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market Export to Major Countries |
7.2 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market Imports from Major Countries |
8 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market Key Performance Indicators |
8.1 Percentage increase in the adoption of ultrasonic non-destructive testing equipment in key industries |
8.2 Rate of technological innovation and introduction of new features in the equipment |
8.3 Number of training programs conducted to enhance skills in operating NDT equipment |
8.4 Average time taken for inspections and testing processes using ultrasonic NDT equipment |
9 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market - Opportunity Assessment |
9.1 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market - Competitive Landscape |
10.1 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market Revenue Share, By Companies, 2024 |
10.2 Laos Ultrasonic Non-Destructive Testing (NDT) Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |