Global Non-Destructive Testing Equipment Market – Industry Trends and Forecast to 2028

Market Analysis and Insights : Global Non-Destructive Testing Equipment Market

The non-destructive testing equipment market is expected to witness market growth at a rate of 10% in the forecast period of 2021 to 2028. Data Bridge Market Research report on bipolar discrete semiconductor market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.  

Non-destructive testing (NDT) is the product of measurement methods to classify or defect and cut-off in material, component, or structure. Companies need to have quality accredit in harmony with standards such as ISO 9001 quality management system and other quality control confidence endorsements. Additionally, the number of companies utilizing non-destructive inspection (NDI) to improvise procedures, reduce waste, and limit responsibility has improved significantly.

Factors such as strict government rules related to public security and product quality, amplified acceptance of NDT and examination equipment and facilities in electronics, automation, and robotics industrial segments, high acceptance of IoT devices, augmented demand for assessment of health of aged assets are expected to further boost the growth of the non-destructive testing equipment market in the region. However, lack of capable and competent personnel to carry out NDT and examination activities. Additionally, large-scale infrastructural expansions in advanced and developing countries.

This bipolar discrete semiconductor market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on bipolar discrete semiconductor market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Non-Destructive Testing Equipment Market Scope and Market Size

The non-destructive testing equipment market is segmented on the basis of testing method, technique, industry vertical   and end users vertical. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets. 

• Based on the testing method, the non-destructive testing equipment market is segmented into ultrasonic testing, radiography testing, visual inspection testing, magnetic particle testing and electromagnetic testing, eddy-current testing, liquid penetrant testing, Acoustic Emission Testing and others. Ultrasonic testing is sub segmented into straight beam testing, angle beam testing, immersion ultrasound testing phased array testing, time-of-flight diffraction testing, guided wave testing.
• Visual inspection testing is sub segmented into general visual inspection, aided visual inspection. Eddy-current testing is sub segmented into alternating current field measurement (ACFM), remote field testing (RFT), eddy-current arrays (ECA). Radiographic testing is sub segmented into X-ray testing, gamma ray testing, computed radiography, film radiography, direct radiography. Others is sub segmented into terahertz imaging, near-infrared spectroscopy.
• Based on the technique, the non-destructive testing equipment market is segmented into volumetric examination, Visual Inspection, surface examination, and others),
• Based on the industry vertical, the non-destructive testing equipment market is segmented into oil and gas, energy and power, aerospace and defense, automotive and transportation, infrastructure, and others. Others is sub segmented into marine, medical and health, plastics and polymers.

Non-Destructive Testing Equipment Market Country Level Analysis

The non-destructive testing equipment market is analysed and market size, volume information is provided by country, testing method, technique, industry vertical, and end users vertical as referenced above.   

The countries covered in the non-destructive testing equipment market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).  

Asia Pacific dominates the non-destructive testing equipment market because of the fast infrastructural expansion and automation acceptance in the manufacturing industries in countries. The developing countries in the region are included in the manufacturing of defense aircraft, which is likely to improve the NDT and inspection equipment and services in the defense and aerospace industry. Many infrastructural expansion schemes are under building and planned to be constructed which is anticipated to further propel the growth of the non-destructive testing equipment market in the region during the forecast period.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Non-Destructive Testing Equipment Market Share Analysis

The non-destructive testing equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to non-destructive testing equipment market.

The major players covered in the non-destructive testing equipment market report are Baker Hughes a GE company LLC, Olympus Corporation, YXLON International, MISTRAS Group, Inc. , Zetec Zetec,Inc., FOERSTER Holding GmbH, Nikon metrology NV, SGS Group,SGS SA, Fujifilm Holdings Corporation, Bureau Veritas S.A., Acuren,  NDT Global, Cygnus Instruments Inc.,   Magnaflux, Eddyfi, Bosello High Technology srl,  T.D. Williamson, Inc., Sonaspection ,  LynX Inspection , 5 RESEARCH DRIVE, SHELTON, CT 06484  , Fischer Technology, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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