The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
NDT Equipment-Global Market Insights and Sales Trends 2024
Synopsis
Non-destructive testing or NDT is a wide group of analysis or investigation techniques used to evaluate the properties or characteristics of a component, material, or system without producing damage. The terms non-destructive inspection (NDI), non-destructive evaluation (NDE) and non-destructive examination (NDE), are also frequently used to explain this technology. As NDT does not enduringly alter the article being examined or inspected, it is a highly appreciated and valuable technique that can save both time and money in product evaluation, research, and troubleshooting.
The global NDT Equipment market size is expected to reach US$ 3637.7 million by 2029, growing at a CAGR of 7.2% from 2023 to 2029. The market is mainly driven by the significant applications of NDT Equipment in various end use industries. The expanding demands from the Oil & Gas, Manufacturing, Aerospace and Automotive, are propelling NDT Equipment market. Magnetic Particle Testing, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Visual Testing segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for NDT Equipment market, driven by demand from China, the second largest economy with some signs of stabilising, the NDT Equipment market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for NDT Equipment, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global NDT Equipment market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global NDT Equipment market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, NDT Equipment sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of NDT Equipment covered in this report include NDT Global, Eddify Technologies, GE Measurement and Control, Nikon Metrology, Phoenix Inspection Systems, Fujifilm Electronic Materials, Comet Group, Magnetic Analysis and Creaform, etc.
The global NDT Equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
NDT Global
Eddify Technologies
GE Measurement and Control
Nikon Metrology
Phoenix Inspection Systems
Fujifilm Electronic Materials
Comet Group
Magnetic Analysis
Creaform
Global NDT Equipment market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global NDT Equipment market, Segment by Type:
Magnetic Particle Testing
Visual Testing
Liquid Penetrant Testing
Radiographic Testing
Ultrasonic Testing
Others
Global NDT Equipment market, by Application
Oil & Gas
Manufacturing
Aerospace
Automotive
Power Generation
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of NDT Equipment manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of NDT Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Non-destructive testing or NDT is a wide group of analysis or investigation techniques used to evaluate the properties or characteristics of a component, material, or system without producing damage. The terms non-destructive inspection (NDI), non-destructive evaluation (NDE) and non-destructive examination (NDE), are also frequently used to explain this technology. As NDT does not enduringly alter the article being examined or inspected, it is a highly appreciated and valuable technique that can save both time and money in product evaluation, research, and troubleshooting.
The global NDT Equipment market size is expected to reach US$ 3637.7 million by 2029, growing at a CAGR of 7.2% from 2023 to 2029. The market is mainly driven by the significant applications of NDT Equipment in various end use industries. The expanding demands from the Oil & Gas, Manufacturing, Aerospace and Automotive, are propelling NDT Equipment market. Magnetic Particle Testing, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Visual Testing segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for NDT Equipment market, driven by demand from China, the second largest economy with some signs of stabilising, the NDT Equipment market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for NDT Equipment, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global NDT Equipment market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global NDT Equipment market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, NDT Equipment sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of NDT Equipment covered in this report include NDT Global, Eddify Technologies, GE Measurement and Control, Nikon Metrology, Phoenix Inspection Systems, Fujifilm Electronic Materials, Comet Group, Magnetic Analysis and Creaform, etc.
The global NDT Equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
NDT Global
Eddify Technologies
GE Measurement and Control
Nikon Metrology
Phoenix Inspection Systems
Fujifilm Electronic Materials
Comet Group
Magnetic Analysis
Creaform
Global NDT Equipment market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global NDT Equipment market, Segment by Type:
Magnetic Particle Testing
Visual Testing
Liquid Penetrant Testing
Radiographic Testing
Ultrasonic Testing
Others
Global NDT Equipment market, by Application
Oil & Gas
Manufacturing
Aerospace
Automotive
Power Generation
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of NDT Equipment manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of NDT Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 NDT Equipment Market Overview
1.1 NDT Equipment Product Overview
1.2 NDT Equipment Market Segment by Type
1.2.1 Magnetic Particle Testing
1.2.2 Visual Testing
1.2.3 Liquid Penetrant Testing
1.2.4 Radiographic Testing
1.2.5 Ultrasonic Testing
1.2.6 Others
1.3 Global NDT Equipment Market Size by Type
1.3.1 Global NDT Equipment Market Size Overview by Type (2018-2029)
1.3.2 Global NDT Equipment Historic Market Size Review by Type (2018-2023)
1.3.3 Global NDT Equipment Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America NDT Equipment Sales Breakdown by Type (2018-2023)
1.4.2 Europe NDT Equipment Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific NDT Equipment Sales Breakdown by Type (2018-2023)
1.4.4 Latin America NDT Equipment Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa NDT Equipment Sales Breakdown by Type (2018-2023)
2 Global NDT Equipment Market Competition by Company
2.1 Global Top Players by NDT Equipment Sales (2018-2023)
2.2 Global Top Players by NDT Equipment Revenue (2018-2023)
2.3 Global Top Players by NDT Equipment Price (2018-2023)
2.4 Global Top Manufacturers NDT Equipment Manufacturing Base Distribution, Sales Area, Product Type
2.5 NDT Equipment Market Competitive Situation and Trends
2.5.1 NDT Equipment Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by NDT Equipment Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in NDT Equipment as of 2022)
2.7 Date of Key Manufacturers Enter into NDT Equipment Market
2.8 Key Manufacturers NDT Equipment Product Offered
2.9 Mergers & Acquisitions, Expansion
3 NDT Equipment Status and Outlook by Region
3.1 Global NDT Equipment Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global NDT Equipment Historic Market Size by Region
3.2.1 Global NDT Equipment Sales in Volume by Region (2018-2023)
3.2.2 Global NDT Equipment Sales in Value by Region (2018-2023)
3.2.3 Global NDT Equipment Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global NDT Equipment Forecasted Market Size by Region
3.3.1 Global NDT Equipment Sales in Volume by Region (2024-2029)
3.3.2 Global NDT Equipment Sales in Value by Region (2024-2029)
3.3.3 Global NDT Equipment Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global NDT Equipment by Application
4.1 NDT Equipment Market Segment by Application
4.1.1 Oil & Gas
4.1.2 Manufacturing
4.1.3 Aerospace
4.1.4 Automotive
4.1.5 Power Generation
4.1.6 Others
4.2 Global NDT Equipment Market Size by Application
4.2.1 Global NDT Equipment Market Size Overview by Application (2018-2029)
4.2.2 Global NDT Equipment Historic Market Size Review by Application (2018-2023)
4.2.3 Global NDT Equipment Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America NDT Equipment Sales Breakdown by Application (2018-2023)
4.3.2 Europe NDT Equipment Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific NDT Equipment Sales Breakdown by Application (2018-2023)
4.3.4 Latin America NDT Equipment Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa NDT Equipment Sales Breakdown by Application (2018-2023)
5 North America NDT Equipment by Country
5.1 North America NDT Equipment Historic Market Size by Country
5.1.1 North America NDT Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America NDT Equipment Sales in Volume by Country (2018-2023)
5.1.3 North America NDT Equipment Sales in Value by Country (2018-2023)
5.2 North America NDT Equipment Forecasted Market Size by Country
5.2.1 North America NDT Equipment Sales in Volume by Country (2024-2029)
5.2.2 North America NDT Equipment Sales in Value by Country (2024-2029)
6 Europe NDT Equipment by Country
6.1 Europe NDT Equipment Historic Market Size by Country
6.1.1 Europe NDT Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe NDT Equipment Sales in Volume by Country (2018-2023)
6.1.3 Europe NDT Equipment Sales in Value by Country (2018-2023)
6.2 Europe NDT Equipment Forecasted Market Size by Country
6.2.1 Europe NDT Equipment Sales in Volume by Country (2024-2029)
6.2.2 Europe NDT Equipment Sales in Value by Country (2024-2029)
7 Asia-Pacific NDT Equipment by Region
7.1 Asia-Pacific NDT Equipment Historic Market Size by Region
7.1.1 Asia-Pacific NDT Equipment Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific NDT Equipment Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific NDT Equipment Sales in Value by Region (2018-2023)
7.2 Asia-Pacific NDT Equipment Forecasted Market Size by Region
7.2.1 Asia-Pacific NDT Equipment Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific NDT Equipment Sales in Value by Region (2024-2029)
8 Latin America NDT Equipment by Country
8.1 Latin America NDT Equipment Historic Market Size by Country
8.1.1 Latin America NDT Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America NDT Equipment Sales in Volume by Country (2018-2023)
8.1.3 Latin America NDT Equipment Sales in Value by Country (2018-2023)
8.2 Latin America NDT Equipment Forecasted Market Size by Country
8.2.1 Latin America NDT Equipment Sales in Volume by Country (2024-2029)
8.2.2 Latin America NDT Equipment Sales in Value by Country (2024-2029)
9 Middle East and Africa NDT Equipment by Country
9.1 Middle East and Africa NDT Equipment Historic Market Size by Country
9.1.1 Middle East and Africa NDT Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa NDT Equipment Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa NDT Equipment Sales in Value by Country (2018-2023)
9.2 Middle East and Africa NDT Equipment Forecasted Market Size by Country
9.2.1 Middle East and Africa NDT Equipment Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa NDT Equipment Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 NDT Global
10.1.1 NDT Global Company Information
10.1.2 NDT Global Introduction and Business Overview
10.1.3 NDT Global NDT Equipment Sales, Revenue and Gross Margin (2018-2023)
10.1.4 NDT Global NDT Equipment Products Offered
10.1.5 NDT Global Recent Development
10.2 Eddify Technologies
10.2.1 Eddify Technologies Company Information
10.2.2 Eddify Technologies Introduction and Business Overview
10.2.3 Eddify Technologies NDT Equipment Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Eddify Technologies NDT Equipment Products Offered
10.2.5 Eddify Technologies Recent Development
10.3 GE Measurement and Control
10.3.1 GE Measurement and Control Company Information
10.3.2 GE Measurement and Control Introduction and Business Overview
10.3.3 GE Measurement and Control NDT Equipment Sales, Revenue and Gross Margin (2018-2023)
10.3.4 GE Measurement and Control NDT Equipment Products Offered
10.3.5 GE Measurement and Control Recent Development
10.4 Nikon Metrology
10.4.1 Nikon Metrology Company Information
10.4.2 Nikon Metrology Introduction and Business Overview
10.4.3 Nikon Metrology NDT Equipment Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Nikon Metrology NDT Equipment Products Offered
10.4.5 Nikon Metrology Recent Development
10.5 Phoenix Inspection Systems
10.5.1 Phoenix Inspection Systems Company Information
10.5.2 Phoenix Inspection Systems Introduction and Business Overview
10.5.3 Phoenix Inspection Systems NDT Equipment Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Phoenix Inspection Systems NDT Equipment Products Offered
10.5.5 Phoenix Inspection Systems Recent Development
10.6 Fujifilm Electronic Materials
10.6.1 Fujifilm Electronic Materials Company Information
10.6.2 Fujifilm Electronic Materials Introduction and Business Overview
10.6.3 Fujifilm Electronic Materials NDT Equipment Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Fujifilm Electronic Materials NDT Equipment Products Offered
10.6.5 Fujifilm Electronic Materials Recent Development
10.7 Comet Group
10.7.1 Comet Group Company Information
10.7.2 Comet Group Introduction and Business Overview
10.7.3 Comet Group NDT Equipment Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Comet Group NDT Equipment Products Offered
10.7.5 Comet Group Recent Development
10.8 Magnetic Analysis
10.8.1 Magnetic Analysis Company Information
10.8.2 Magnetic Analysis Introduction and Business Overview
10.8.3 Magnetic Analysis NDT Equipment Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Magnetic Analysis NDT Equipment Products Offered
10.8.5 Magnetic Analysis Recent Development
10.9 Creaform
10.9.1 Creaform Company Information
10.9.2 Creaform Introduction and Business Overview
10.9.3 Creaform NDT Equipment Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Creaform NDT Equipment Products Offered
10.9.5 Creaform Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 NDT Equipment Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 NDT Equipment Industrial Chain Analysis
11.4 NDT Equipment Market Dynamics
11.4.1 NDT Equipment Industry Trends
11.4.2 NDT Equipment Market Drivers
11.4.3 NDT Equipment Market Challenges
11.4.4 NDT Equipment Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 NDT Equipment Distributors
12.3 NDT Equipment Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Industrial Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
