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Non-Destructive Testing and Inspection-Global Market Insights and Sales Trends 2024
Synopsis
NDT can determine discontinuities and differences in material characteristics. Some of the techniques used for NDT are ultrasonic testing, electromagnetic testing, leak testing, radiographic testing, liquid penetrant testing, and eddy current testing. NDT has its applications in various industries such as manufacturing, aerospace, automotive, oil and gas, infrastructure, and power generation. The report delivers a description of each of the application areas of non-destructive testing. The market within this study has been classified on the basis of NDT techniques, NDT services, and NDT verticals.
The global Non-Destructive Testing and Inspection market size is expected to reach US$ 9890.9 million by 2029, growing at a CAGR of 5.8% from 2023 to 2029. The market is mainly driven by the significant applications of Non-Destructive Testing and Inspection in various end use industries. The expanding demands from the Manufacturing, Oil and Gas, Aerospace and Public Infrastructure, are propelling Non-Destructive Testing and Inspection market. Inspection Services, 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 Equipment Rental Services segment is estimated at % CAGR for the next seven-year period.
Ultrasonic testing uses high-frequency sound waves to detect flaws or variations in properties of the materials. The ultrasonic testing is used to determine the thickness and detect the depth of internal flaws of metallic and non-metallic materials. Ultrasonic rays have a high penetrating power, sensitivity, and accuracy; also, they are non-hazardous. Others techniques such as terahertz imaging and near-infrared spectroscopy have niche applications and the market for the same is expected to grow at the highest CAGR between 2017 and 2023.
Report Objectives
This report provides market insight on the different segments, by players, 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 Non-Destructive Testing and Inspection, 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 Non-Destructive Testing and Inspection 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 Non-Destructive Testing and Inspection market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Non-Destructive Testing and Inspection 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 Non-Destructive Testing and Inspection covered in this report include General Electric, Mistras Group Inc., Olympus Corporation, Ashtead Technology Inc., Nikon Metrology Inc., Magnaflux Corporation, Zetec Inc., Eddyfi NDT Inc. and Yxlon International GmbH, etc.
The global Non-Destructive Testing and Inspection market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
General Electric
Mistras Group Inc.
Olympus Corporation
Ashtead Technology Inc.
Nikon Metrology Inc.
Magnaflux Corporation
Zetec Inc.
Eddyfi NDT Inc.
Yxlon International GmbH
Fischer Technology Inc.
Sonatest Ltd.
NDT Global GmbH & Co. Kg
Td Williamson
Bosello High Technology Srl
Global Non-Destructive Testing and Inspection 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 Non-Destructive Testing and Inspection market, Segment by Type:
Inspection Services
Equipment Rental Services
Training Services
Calibration Services
Global Non-Destructive Testing and Inspection market, by Application
Manufacturing
Oil and Gas
Aerospace
Public Infrastructure
Automotive
Power Generation
Others Verticals
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Non-Destructive Testing and Inspection companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
NDT can determine discontinuities and differences in material characteristics. Some of the techniques used for NDT are ultrasonic testing, electromagnetic testing, leak testing, radiographic testing, liquid penetrant testing, and eddy current testing. NDT has its applications in various industries such as manufacturing, aerospace, automotive, oil and gas, infrastructure, and power generation. The report delivers a description of each of the application areas of non-destructive testing. The market within this study has been classified on the basis of NDT techniques, NDT services, and NDT verticals.
The global Non-Destructive Testing and Inspection market size is expected to reach US$ 9890.9 million by 2029, growing at a CAGR of 5.8% from 2023 to 2029. The market is mainly driven by the significant applications of Non-Destructive Testing and Inspection in various end use industries. The expanding demands from the Manufacturing, Oil and Gas, Aerospace and Public Infrastructure, are propelling Non-Destructive Testing and Inspection market. Inspection Services, 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 Equipment Rental Services segment is estimated at % CAGR for the next seven-year period.
Ultrasonic testing uses high-frequency sound waves to detect flaws or variations in properties of the materials. The ultrasonic testing is used to determine the thickness and detect the depth of internal flaws of metallic and non-metallic materials. Ultrasonic rays have a high penetrating power, sensitivity, and accuracy; also, they are non-hazardous. Others techniques such as terahertz imaging and near-infrared spectroscopy have niche applications and the market for the same is expected to grow at the highest CAGR between 2017 and 2023.
Report Objectives
This report provides market insight on the different segments, by players, 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 Non-Destructive Testing and Inspection, 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 Non-Destructive Testing and Inspection 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 Non-Destructive Testing and Inspection market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Non-Destructive Testing and Inspection 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 Non-Destructive Testing and Inspection covered in this report include General Electric, Mistras Group Inc., Olympus Corporation, Ashtead Technology Inc., Nikon Metrology Inc., Magnaflux Corporation, Zetec Inc., Eddyfi NDT Inc. and Yxlon International GmbH, etc.
The global Non-Destructive Testing and Inspection market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
General Electric
Mistras Group Inc.
Olympus Corporation
Ashtead Technology Inc.
Nikon Metrology Inc.
Magnaflux Corporation
Zetec Inc.
Eddyfi NDT Inc.
Yxlon International GmbH
Fischer Technology Inc.
Sonatest Ltd.
NDT Global GmbH & Co. Kg
Td Williamson
Bosello High Technology Srl
Global Non-Destructive Testing and Inspection 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 Non-Destructive Testing and Inspection market, Segment by Type:
Inspection Services
Equipment Rental Services
Training Services
Calibration Services
Global Non-Destructive Testing and Inspection market, by Application
Manufacturing
Oil and Gas
Aerospace
Public Infrastructure
Automotive
Power Generation
Others Verticals
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Non-Destructive Testing and Inspection companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Non-Destructive Testing and Inspection
1.1 Non-Destructive Testing and Inspection Market Overview
1.1.1 Non-Destructive Testing and Inspection Product Scope
1.1.2 Non-Destructive Testing and Inspection Market Status and Outlook
1.2 Global Non-Destructive Testing and Inspection Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Non-Destructive Testing and Inspection Market Size by Region (2018-2029)
1.4 Global Non-Destructive Testing and Inspection Historic Market Size by Region (2018-2023)
1.5 Global Non-Destructive Testing and Inspection Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Non-Destructive Testing and Inspection Market Size (2018-2029)
1.6.1 North America Non-Destructive Testing and Inspection Market Size (2018-2029)
1.6.2 Europe Non-Destructive Testing and Inspection Market Size (2018-2029)
1.6.3 Asia-Pacific Non-Destructive Testing and Inspection Market Size (2018-2029)
1.6.4 Latin America Non-Destructive Testing and Inspection Market Size (2018-2029)
1.6.5 Middle East & Africa Non-Destructive Testing and Inspection Market Size (2018-2029)
2 Non-Destructive Testing and Inspection Market by Type
2.1 Introduction
2.1.1 Inspection Services
2.1.2 Equipment Rental Services
2.1.3 Training Services
2.1.4 Calibration Services
2.2 Global Non-Destructive Testing and Inspection Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Non-Destructive Testing and Inspection Historic Market Size by Type (2018-2023)
2.2.2 Global Non-Destructive Testing and Inspection Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Non-Destructive Testing and Inspection Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Non-Destructive Testing and Inspection Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Non-Destructive Testing and Inspection Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Non-Destructive Testing and Inspection Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Non-Destructive Testing and Inspection Revenue Breakdown by Type (2018-2029)
3 Non-Destructive Testing and Inspection Market Overview by Application
3.1 Introduction
3.1.1 Manufacturing
3.1.2 Oil and Gas
3.1.3 Aerospace
3.1.4 Public Infrastructure
3.1.5 Automotive
3.1.6 Power Generation
3.1.7 Others Verticals
3.2 Global Non-Destructive Testing and Inspection Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Non-Destructive Testing and Inspection Historic Market Size by Application (2018-2023)
3.2.2 Global Non-Destructive Testing and Inspection Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Non-Destructive Testing and Inspection Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Non-Destructive Testing and Inspection Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Non-Destructive Testing and Inspection Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Non-Destructive Testing and Inspection Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Non-Destructive Testing and Inspection Revenue Breakdown by Application (2018-2029)
4 Non-Destructive Testing and Inspection Competition Analysis by Players
4.1 Global Non-Destructive Testing and Inspection Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Non-Destructive Testing and Inspection as of 2022)
4.3 Date of Key Players Enter into Non-Destructive Testing and Inspection Market
4.4 Global Top Players Non-Destructive Testing and Inspection Headquarters and Area Served
4.5 Key Players Non-Destructive Testing and Inspection Product Solution and Service
4.6 Competitive Status
4.6.1 Non-Destructive Testing and Inspection Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 General Electric
5.1.1 General Electric Profile
5.1.2 General Electric Main Business
5.1.3 General Electric Non-Destructive Testing and Inspection Products, Services and Solutions
5.1.4 General Electric Non-Destructive Testing and Inspection Revenue (US$ Million) & (2018-2023)
5.1.5 General Electric Recent Developments
5.2 Mistras Group Inc.
5.2.1 Mistras Group Inc. Profile
5.2.2 Mistras Group Inc. Main Business
5.2.3 Mistras Group Inc. Non-Destructive Testing and Inspection Products, Services and Solutions
5.2.4 Mistras Group Inc. Non-Destructive Testing and Inspection Revenue (US$ Million) & (2018-2023)
5.2.5 Mistras Group Inc. Recent Developments
5.3 Olympus Corporation
5.3.1 Olympus Corporation Profile
5.3.2 Olympus Corporation Main Business
5.3.3 Olympus Corporation Non-Destructive Testing and Inspection Products, Services and Solutions
5.3.4 Olympus Corporation Non-Destructive Testing and Inspection Revenue (US$ Million) & (2018-2023)
5.3.5 Ashtead Technology Inc. Recent Developments
5.4 Ashtead Technology Inc.
5.4.1 Ashtead Technology Inc. Profile
5.4.2 Ashtead Technology Inc. Main Business
5.4.3 Ashtead Technology Inc. Non-Destructive Testing and Inspection Products, Services and Solutions
5.4.4 Ashtead Technology Inc. Non-Destructive Testing and Inspection Revenue (US$ Million) & (2018-2023)
5.4.5 Ashtead Technology Inc. Recent Developments
5.5 Nikon Metrology Inc.
5.5.1 Nikon Metrology Inc. Profile
5.5.2 Nikon Metrology Inc. Main Business
5.5.3 Nikon Metrology Inc. Non-Destructive Testing and Inspection Products, Services and Solutions
5.5.4 Nikon Metrology Inc. Non-Destructive Testing and Inspection Revenue (US$ Million) & (2018-2023)
5.5.5 Nikon Metrology Inc. Recent Developments
5.6 Magnaflux Corporation
5.6.1 Magnaflux Corporation Profile
5.6.2 Magnaflux Corporation Main Business
5.6.3 Magnaflux Corporation Non-Destructive Testing and Inspection Products, Services and Solutions
5.6.4 Magnaflux Corporation Non-Destructive Testing and Inspection Revenue (US$ Million) & (2018-2023)
5.6.5 Magnaflux Corporation Recent Developments
5.7 Zetec Inc.
5.7.1 Zetec Inc. Profile
5.7.2 Zetec Inc. Main Business
5.7.3 Zetec Inc. Non-Destructive Testing and Inspection Products, Services and Solutions
5.7.4 Zetec Inc. Non-Destructive Testing and Inspection Revenue (US$ Million) & (2018-2023)
5.7.5 Zetec Inc. Recent Developments
5.8 Eddyfi NDT Inc.
5.8.1 Eddyfi NDT Inc. Profile
5.8.2 Eddyfi NDT Inc. Main Business
5.8.3 Eddyfi NDT Inc. Non-Destructive Testing and Inspection Products, Services and Solutions
5.8.4 Eddyfi NDT Inc. Non-Destructive Testing and Inspection Revenue (US$ Million) & (2018-2023)
5.8.5 Eddyfi NDT Inc. Recent Developments
5.9 Yxlon International GmbH
5.9.1 Yxlon International GmbH Profile
5.9.2 Yxlon International GmbH Main Business
5.9.3 Yxlon International GmbH Non-Destructive Testing and Inspection Products, Services and Solutions
5.9.4 Yxlon International GmbH Non-Destructive Testing and Inspection Revenue (US$ Million) & (2018-2023)
5.9.5 Yxlon International GmbH Recent Developments
5.10 Fischer Technology Inc.
5.10.1 Fischer Technology Inc. Profile
5.10.2 Fischer Technology Inc. Main Business
5.10.3 Fischer Technology Inc. Non-Destructive Testing and Inspection Products, Services and Solutions
5.10.4 Fischer Technology Inc. Non-Destructive Testing and Inspection Revenue (US$ Million) & (2018-2023)
5.10.5 Fischer Technology Inc. Recent Developments
5.11 Sonatest Ltd.
5.11.1 Sonatest Ltd. Profile
5.11.2 Sonatest Ltd. Main Business
5.11.3 Sonatest Ltd. Non-Destructive Testing and Inspection Products, Services and Solutions
5.11.4 Sonatest Ltd. Non-Destructive Testing and Inspection Revenue (US$ Million) & (2018-2023)
5.11.5 Sonatest Ltd. Recent Developments
5.12 NDT Global GmbH & Co. Kg
5.12.1 NDT Global GmbH & Co. Kg Profile
5.12.2 NDT Global GmbH & Co. Kg Main Business
5.12.3 NDT Global GmbH & Co. Kg Non-Destructive Testing and Inspection Products, Services and Solutions
5.12.4 NDT Global GmbH & Co. Kg Non-Destructive Testing and Inspection Revenue (US$ Million) & (2018-2023)
5.12.5 NDT Global GmbH & Co. Kg Recent Developments
5.13 Td Williamson
5.13.1 Td Williamson Profile
5.13.2 Td Williamson Main Business
5.13.3 Td Williamson Non-Destructive Testing and Inspection Products, Services and Solutions
5.13.4 Td Williamson Non-Destructive Testing and Inspection Revenue (US$ Million) & (2018-2023)
5.13.5 Td Williamson Recent Developments
5.14 Bosello High Technology Srl
5.14.1 Bosello High Technology Srl Profile
5.14.2 Bosello High Technology Srl Main Business
5.14.3 Bosello High Technology Srl Non-Destructive Testing and Inspection Products, Services and Solutions
5.14.4 Bosello High Technology Srl Non-Destructive Testing and Inspection Revenue (US$ Million) & (2018-2023)
5.14.5 Bosello High Technology Srl Recent Developments
6 North America
6.1 North America Non-Destructive Testing and Inspection Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Non-Destructive Testing and Inspection Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Non-Destructive Testing and Inspection Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Non-Destructive Testing and Inspection Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Non-Destructive Testing and Inspection Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Non-Destructive Testing and Inspection Market Dynamics
11.1 Non-Destructive Testing and Inspection Industry Trends
11.2 Non-Destructive Testing and Inspection Market Drivers
11.3 Non-Destructive Testing and Inspection Market Challenges
11.4 Non-Destructive Testing and Inspection Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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