<p indent="0mm">A large number of key components are widely operated under extreme conditions of high temperature and high pressure in power, nuclear energy, aerospace and other important industrial fields. Microdefects are inevitably generated in these key components during the process of manufacturing. Due to the periodic loading and thermal stress, microcracks are generally initiated from these microdefects at the location with stress concentration. It has been found that the initiation and propagation of fatigue microcracks usually occur prior to 70%–90% of fatigue life. It is difficult to observe the evidence before the formation of macrocracks, which may result in catastrophic accidents. Thus, the risk of sudden failure of key components increases greatly. Therefore, the accurate detection of microcracks is crucial for guaranteeing the safe operation of key components. Based on the diffraction, reflection and transmission, traditional ultrasonic testing method is merely validated to effectively detect macroscopic defects within half a wavelength. The nonlinear ultrasonic testing method is found to be sensitive to microcracks, as high order harmonics, sub-harmonics, DC components and frequency mixing waves can be generated due to the strong nonlinear interaction microcracks and ultrasonic waves. With the outstanding effectiveness to detect microcracks, the nonlinear ultrasonic testing method has attracted much attention in recent years. In this work, the research on detection of microcracks using nonlinear ultrasonic testing method is systematically reviewed in terms of theoretical models, numerical simulations and experimental measurements. Firstly, according to the breathing effect and sliding mechanism of microcrack surfaces, we present several theoretical models of nonlinear interaction between ultrasonic waves and microcracks, namely contact acoustic nonlinearity (CAN), bi-linear stiffness model, nonlinear spring model, Hertz contact theory, and rough contact surface model. The advantages and disadvantages of these theoretical models are discussed comparatively. Two mechanisms are mainly considered for the nonlinear interaction of microcracks and ultrasonic waves, namely the macroscopic opening and closing of crack surfaces and the microscopic contact of rough microcracks surfaces. Secondly, we introduce numerical simulation studies on the nonlinear ultrasonic generation induced by microcracks. The applicability is analyzed for several simulation methods, such as finite element method, spectral finite element method, finite difference method, boundary element method and local interaction simulation approach, and the generation and propagation of nonlinear ultrasonic waves are analyzed as well. The effect of microcrack geometries on the nonlinear ultrasonic waves is then summarized. The microcrack geometries are considered mainly clouding the microcrack length, width, depth, density and direction. Furthermore, we present the experimental measurements on the generation of nonlinear ultrasonic waves induced by microcracks and on the localization and imaging of microcracks based on the nonlinear ultrasonic waves. The generation of high order harmonics, sub-harmonics, DC components and frequency mixing waves was observed in the specimens with microcracks. The nonlinear ultrasonic detection is presented to evaluate fatigue microcracks with various microcrack length, width, depth, density and direction. Based on this phenomenon, nonlinear ultrasonic mixing method, transducer array imaging method and nonlinear ultrasonic phased array method are introduced to localize the microcracks. Finally, further studies on evaluation of microcracks using nonlinear ultrasonic waves are proposed, including the comprehensive physical model for actual microcracks in engineering components, robust detection method, and quantitative evaluation of microcracks and service life.