Non-Destructive Testing & Inspection Market Report 2023-2028

Non-Destructive Testing and Inspection Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A2225

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Market Overview:

The global non-destructive testing and inspection market is expected to exhibit a growth rate (CAGR) of 7.1% during 2023-2028.

Non-destructive testing (NDT) is a quality assurance management tool that is used to inspect the properties of a material, component, structure and system in a safe, reliable and cost-effective manner without affecting the integrity of the unit. It relies on a variety of non-invasive inspection (NDI) techniques that can be performed during or after the manufacturing process. Non-destructive testing and inspection are regulated by codes and standards, which are fixed by different industries and countries based on their requirement. They are widely utilized in the oil and gas, petrochemical, chemical, aerospace, automotive and defense industries to detect flaws, reduce chances of failure and increase reliability.

Global Non-Destructive Testing and Inspection Market

Stringent regulations adopted by the governments of various countries regarding public safety and product quality represent one of the key factors impelling the non-destructive testing and inspection market growth. Additionally, advancements in robotics, along with the growing trend of automation in manufacturing processes, are bolstering the growth of the market. Furthermore, rising construction activities and the increasing utilization of electricity, owing to rapid urbanization and the growing population, are catalyzing the demand for NDT and inspection tools to avoid unexpected system failures and ensure faster production rates. The advent of ultrasonic detectors and industrial CT scanners are acting as another major growth-inducing factor, as these devices are boosting the applications of NDT in various industries. Apart from this, several key players are investing in research and development (R&D) activities to develop cost-effective pedestal and modular NDT robots, which is anticipated to fuel the market growth in the upcoming years.

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global non-destructive testing and inspection market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on technique, method and vertical.

Breakup by Technique:

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Visual Testing
Magnetic Particle Testing
Liquid Penetrant Testing
Eddy-Current Testing
Ultrasonic Testing
Radiographic Testing
Acoustic Emission Testing
Others

Breakup by Method:

Visual Inspection
Surface Inspection
Volumetric Inspection
Others

Breakup by Vertical:

Manufacturing
Oil and Gas
Aerospace
Public Infrastructure
Automotive
Power Generation
Others

Breakup by Region:

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North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Ashtead Technology Ltd., Bosello High Technology (Carl Zeiss AG), Fischer Technology Inc., Magnaflux GmbH (Illinois Tool Works Inc.), MISTRAS Group Inc., NDT Global GmbH & Co. KG (Eddyfi NDT Inc.), Nikon Metrology NV, Olympus Corporation, Sonatest NDA Limited, T.D. Williamson Inc., YXLON International GmbH (Comet Holding AG) and Zetec Inc. (Roper Technologies, Inc.).

Report Coverage:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Billion
Segment Coverage	Technique, Method, Vertical, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Ashtead Technology Ltd., Bosello High Technology (Carl Zeiss AG), Fischer Technology Inc., Magnaflux GmbH (Illinois Tool Works Inc.), MISTRAS Group Inc., NDT Global GmbH & Co. KG (Eddyfi NDT Inc.), Nikon Metrology NV, Olympus Corporation, Sonatest NDA Limited, T.D. Williamson Inc., YXLON International GmbH (Comet Holding AG) and Zetec Inc. (Roper Technologies, Inc.)
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the global non-destructive testing and inspection market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global non-destructive testing and inspection industry?
What is the breakup of the market based on the technique?
What is the breakup of the market based on the method?
What is the breakup of the market based on the vertical?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global non-destructive testing and inspection market and who are the key players?
What is the degree of competition in the industry?

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