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The non-destructive testing (NDT) equipment market is forecasted to grow by USD 866 million during 2023-2028, accelerating at a CAGR of 5.79% during the forecast period. The report on the non-destructive testing (NDT) equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in oil and gas and power generation projects, growing regulatory compliance requirements for preventing accidents, and growing demand for RVI in aerospace industry.
The non-destructive testing (NDT) equipment market is segmented as below:
By End-user
- Oil and Gas
- Power generation
- Aerospace and defense
- Automotive and transportation
- Others
By Product Type
- Ultrasonic testing equipment
- Radiography testing equipment
- Visual testing equipment
- Others
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the non-destructive testing (NDT) equipment market covers the following areas:
- Non-destructive testing (NDT) equipment market sizing
- Non-destructive testing (NDT) equipment market forecast
- Non-destructive testing (NDT) equipment market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Product Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the non-destructive testing (NDT) equipment market: Acuren, Ashtead technology Ltd., Carl Zeiss AG, Cygnus Instruments Ltd., Eddyfi Technologies, FPrimeC Solutions Inc., FUJIFILM Corp., General Electric Co., HELMUT FISCHER GMBH, Illinois Tool Works Inc., Labquip NDT Ltd., Mistras Group Inc., MME Group, Nikon Corp., Olympus Corp., Roper Technologies Inc., Sonatest Inc., TWI Ltd., YXLON International GmbH, and Zetec Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising demand for ultrasonic testing equipment."
According to the report, one of the major drivers for this market is the increase in oil and gas and power generation projects.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Acuren
- Ashtead technology Ltd.
- Carl Zeiss AG
- Cygnus Instruments Ltd.
- Eddyfi Technologies
- FPrimeC Solutions Inc.
- FUJIFILM Corp.
- General Electric Co.
- HELMUT FISCHER GMBH
- Illinois Tool Works Inc.
- Labquip NDT Ltd.
- Mistras Group Inc.
- MME Group
- Nikon Corp.
- Olympus Corp.
- Roper Technologies Inc.
- Sonatest Inc.
- TWI Ltd.
- YXLON International GmbH
- Zetec Inc.
