Global Non-Destructive Testing Equipment Market 2018-2024: Top Companies are Diodes Incorporated, YXLON International, FUJIFILM Manufacturing Europe B.V., Nikon Metrology NV, SGS S.A., Intertek, General Electric, Pfinder KG, Olympus Corporation

Key Points: Global Non-Destructive Testing Equipment Market

General Electric is going to dominate the non-destructive testing equipment market following with Olympus Corporation and Fujifilm Holding Corporation along with others such as MISTRAS Group, Inc., PFINDERKG, Nikon Corporation, Ashtead Group plc., Sonatest, Bosello High Technology srl, Magnaflux, Socomore, Zetec, Inc. among others.

• Radiography test equipment market is growing with the highest CAGR

• Surface testing are driving the market with highest market share

• Ultrasonic test equipment are dominating the non-destructive testing equipment market

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Market Analysis: Global Non-Destructive Testing Equipment Market

Global Non-Destructive Testing Equipment Market is expected to reach USD 12,353.37 million by 2024 from USD 6,700.00 million in 2016, at a CAGR of 8.1% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Market Segmentation: Global Non-Destructive Testing Equipment Market

• The global non-destructive testing equipment market is segmented on the basis of equipment type, mode of testing, application, industry, and geography. The global non-destructive testing equipment market is segmented into ultrasonic test equipment, magnetic particle test equipment, visual inspection equipment, radiography test equipment, penetrant test equipment, eddy current testing equipment, acoustic emission testing equipment and others. In 2017, the ultrasonic test equipment segment is expected to dominate the market with a share of 32.0 % and is expected to continue this trend till 2024.

• Based on equipment type, the global non-destructive testing equipment market is segmented into ultrasonic test equipment, magnetic particle test equipment, visual inspection equipment, radiography test equipment, penetrant test equipment, eddy current testing equipment, acoustic emission testing equipment and others.

• On the basis of mode of testing, the global non-destructive testing equipment market is segmented into surface testing, volumetric testing, condition monitoring and integrity inspection.

• On the basis of application, the global non-destructive testing equipment market is classified into flaw detection, leak detection dimensional measurement, physical analysis, chemical analysis, plasma emission testing, corrosion emission testing and others.

• On the basis of industry, the global non-destructive testing equipment market is classified into automotive, oil and gas, energy and power, aerospace and defence and others.

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Table of Contents Global Non- Destructive Testing Equipment Market:

1. INTRODUCTION
1.1. OBJECTIVES OF THE STUDY
1.2. MARKET DEFINITION
1.3. OVERVIEW OF GLOBAL NON DESTRUCTIVE TESTING EQUIPMENT MARKET
1.4. CURRENCY AND PRICING
1.5. LIMITATION
1.6. MARKETS COVERED
2. MARKET SEGMENTATION
2.1. MARKETS COVERED
2.2. GEOGRAPHIC SCOPE
2.3. YEARS CONSIDERED FOR THE STUDY
2.4. CURRENCY AND PRICING
2.5. RESEARCH METHODOLOGY
2.6. PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.7. SECONDARY SOURCES
2.8. ASSUMPTIONS
3. EXECUTIVE SUMMARY
4. PREMIUM INSIGHTS
5. GLOBAL NON DESTRUCTIVE TESTING EQUIPMENT MARKET, BY EQUIPMENT TYPE
5.1. OVERVIEW
5.2. ULTRASONIC TEST EQUIPMENT
5.3. MAGNETIC PARTICLE TESTING
5.4. VISUAL INSPECTION EQUIPMENT
5.5. RADIOGRAPHY TESTING EQUIPMENT
5.6. PENETRANT TEST EQUIPMENT
5.7. EDDY CURRENT TESTING EQUIPMENT
5.8. ACCOUSTIC EMMISION TESTING EQUIPMENT
5.9. OTHERS
6. GLOBAL NON DESTRUCTIVE TESTING EQUIPMENT MARKET, BY INDUSTRY
6.1. OVERVIEW
6.2. AUTOMOTIVE
6.3. OIL AND GAS
6.4. ENERGY AND POWER
6.5. AEROSPACE AND DEFENCE
6.6. OTHERS
7. GLOBAL NON DESTRUCTIVE TESTING EQUIPMENT MARKET, BY APPLICATION
7.1. OVERVIEW
7.2. PHYSICAL ANALYSIS
7.3. LEAK DETECTION
7.4. FLAW DETECTION
7.5. DIMENSIONAL MEASUREMENT
7.6. CHEMICAL ANALYSIS
7.7. CORROSION EMISSION TESTING
7.8. PLASMA EMISSION TESTING
7.9. OTHERS
8. GLOBAL NON DESTRUCTIVE TESTING EQUIPMENT MARKET, BY INDUSTRY
8.1. OVERVIEW
8.2. AUTOMOTIVE
8.3. OIL AND GAS
8.4. ENERGY AND POWER
8.5. AEROSPACE AND DEFENCE
8.6. OTHERS
9. GLOBAL NON-DESTRUCTIVE TESTING EQUIPMENT MARKET, BY GEOGRAPHY
10. GLOBAL NON-DESTRUCTIVE TESTING EQUIPMENT MARKET, COMPANY LANDSCAPE
11. COMPANY PROFILES
12. RELATED REPORTS

Key Drivers: Global Non-Destructive Testing Equipment Market

Some of the major factors driving the market for non-destructive testing equipment market are remote visual inspection in aerospace increases demand, stringent safety guidelines and government protocols. These factors increase the demand for non-destructive testing equipment market. Automated NDT devices expected to see most demand and the power industry is boomed by continuous investment in nuclear plants are the other major factors driving the growth of the non-destructive testing equipment market.

• Lack of skilled equipment operators and high cost of NDT equipment slowing down acceptance are the factor which may hinder the growth of this market

• Many companies are increasingly focusing on variability in the prices of crude oil and natural gas in order to strengthen their product portfolios in the non-destructive testing equipment market.

• New power generation products and integration of robotic technology will drive the market in future.

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