Non-Destructive Testing (NDT) and Inspection Market by Major Players, Product Category, Application, And Area, Emerging Trends

The global Non-Destructive Testing (NDT) and Inspection market size was USD 9.61 Billion in 2022 and is expected to register a rapid revenue CAGR of 10.1% during the forecast period, according to latest analysis by Emergen Research. Rapid industrialization and urbanization in various emerging countries and high rate of adoption of NDT and inspection equipment in growing industries, such as electronics and robotics, are a key factors driving market revenue growth.

The report on Global Non-Destructive Testing (NDT) and Inspection Market added by Emergen Research offers a comprehensive analysis of the recent advancements in the Non-Destructive Testing (NDT) and Inspection industry and trends driving the growth of the market. It is an investigative study covering analysis of market drivers, restraints, challenges, threats, and growth prospects in the global Non-Destructive Testing (NDT) and Inspection market. The global Non-Destructive Testing (NDT) and Inspection market report is a methodical research of the Non-Destructive Testing (NDT) and Inspection market done by extensive primary and secondary research. The fundamental purpose of the Non-Destructive Testing (NDT) and Inspection market report is to offer an accurate and strategic analysis of the Non-Destructive Testing (NDT) and Inspection business sphere.

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Competitive Terrain:

The global Non-Destructive Testing (NDT) and Inspection industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

Fischer Technology, Inc., General Electric, MISTRAS Group, Olympus Corporation, Eddyfi, Magnaflux, NDT Global, T.D. Williamson, Inc., Nikon Metrology Inc., and Acuren

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Non-Destructive Testing (NDT) and Inspection market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the Non-Destructive Testing (NDT) and Inspection market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Non-Destructive Testing (NDT) and Inspection market.

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Market Segmentations of the Non-Destructive Testing (NDT) and Inspection Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Non-Destructive Testing (NDT) and Inspection market on the basis of product, application, and region:

Segments Covered in this report are:

• Testing Outlook (Revenue, USD Billion; 2019-2032)

  • Visual Testing (VT)
    • General visual inspection
    • Aided visual inspection
      1. Endoscopes
      2. Borescopes
      3. Videoscopes
  • Magnetic Particle Testing (MPT)
  • Eddy-Current Testing (ECT)
  • Radiographic Testing (RT)
    1. Computed radiography
    2. Gamma ray testing
    3. X-ray testing
    4. Film radiography
    5. Direct radiography
  • Ultrasonic Testing (UT)
    1. Angle beam testing
    2. Immersion testing
    3. Straight beam testing
    4. Guided wave testing
    5. Time-Of-Flight Diffraction (TOFD)
    6. Phased array testing
    7. Process Compensated Resonance Testing (PCRT)
  • Liquid Penetrant Testing (LPT)
  • Acoustic Emission Testing (AET)
  • Others

• Method Outlook (Revenue, USD Billion; 2019-2032)

  • Surface inspection
  • Visual inspection
  • Volumetric inspection
  • Others

• Service Outlook (Revenue, USD Billion; 2019-2032)

  • Inspection services
  • Calibration services
  • Equipment rental services
  • Training services

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Major Geographies Analyzed in the Report:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type applications

Chapter 9: Current and Future Trends

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