Key Market Dynamics in Ultrasonic Cleaning Market

Northbrook, USA, 2020-Jan-20 — /EPR Network/ —

The 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 of the benchtop segment accounted for the largest market size in 2018 and is projected to grow at the highest CAGR during the forecast period. The growth of the benchtop segment can be attributed due to the higher demand for such products in cleaning of dental and surgical implants, jewelry & gems, and machinery component. The market size of the standalone segment was the second-largest market in 2018. Improved efficiency and accuracy in the cleaning of the component with a complex shape with eco-friendly cleaning process are some of the major factors driving the ultrasonic cleaning market.

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The market for 500–1000 W is estimated to account for the largest share of the overall ultrasonic cleaning market by power output in 2018. The demand for 1000–2000 W is expected to grow at the highest CAGR during the forecast period. Owing to precision cleaning of the inaccessible area of components, there is higher adoption of ultrasonic cleaners than conventional cleaning products.

The market for 10–50 L capacity is estimated to account for the largest share of the overall ultrasonic cleaning market in 2018. The 10–50 L tank capacity of the ultrasonic bath is deployed generally for benchtop and standalone products which have high adoption in medical & healthcare, automotive and aerospace vertical. The market size of 150–200 L capacity is expected to grow at the highest CAGR during the forecast period. 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 medical & healthcare vertical held the largest share of the ultrasonic cleaning market in 2018. The growing demand for efficient cleaning products, especially for surgical implants and medical instruments, due to the increasing aging population and healthcare expenditure worldwide. The market size of the food & beverage vertical is projected to grow at the highest CAGR during the forecast period.

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In terms of value, North America is expected to dominate the ultrasonic cleaning market, in terms of share, during the forecast period. Extensive industrial base and growing adoption of eco-friendly cleaning systems are the major factors that make North America a dynamic region in the ultrasonic cleaning market, with the US being the major contributor. APAC is expected to grow at the highest CAGR during the forecast period. According to the Organisation Internationale des Constructeurs d’Automobiles (OICA), in 2017, ~44 million passenger cars were manufactured in APAC, a growth of 2.5% than that of in 2016. The high rate of technological developments in the automotive, aerospace, and defense verticals is the key factor driving the growth of the market in APAC.

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