Press release
Nondestructive Testing Equipment Market Share, Trends and Leading Players By 2025: General Electric, Olympus, Fujifilm, Eddyfi, Pfinder, Nikon, Ashtead, Sonatest, Bosello High Technology
Nondestructive testing (NDT) is the application of measurement techniques to identify defect and discontinuity in material, component, or structure.The market growth is supplemented by the increase in stringent safety government regulations across different geographical regions owing to rise in incidence of infrastructure failures and need for extending the life of obsolete infrastructure and maintenance optimization by various industries for efficient operations and quality/safety assurance.
North America dominated the global non-destructive testing equipment market, accounting for 35.77% of the overall market. Huge investments in energy verticals such as oil and gas are majorly driving the market growth in North America.
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The automotive industry is likely to contribute a large share to market revenues in Europe. Asia Pacific is expected to be the fastest growing region through the forecast period.
The global Nondestructive Testing Equipment market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Nondestructive Testing Equipment volume and value at global level, regional level and company level. From a global perspective, this report represents overall Nondestructive Testing Equipment market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
General Electric
Olympus
Fujifilm
Eddyfi
Pfinder
Nikon
Ashtead
Sonatest
Bosello High Technology
Magnaflux
Socomore and Zetec
Yxlon
Mistras
Nondestructive Testing Equipment Market Segment by Regions
North America
Europe
China
Japan
Nondestructive Testing Equipment Market Segment by Type
By Testing Method
Ultrasonic Testing
Radiography Testing
Visual Inspection Testing
Magnetic Particle Testing & Electromagnetic Testing
Eddy-Current Testing
Liquid Penetrant Testing
Others (Thermography Testing, Acoustic Emission, Terahertz Imaging, and Infrared Testing)
By Technique
Volumetric Examination
Surface Examination
Others (Integrity Examination, and Condition Monitoring)
Nondestructive Testing Equipment Market Segment by Application
Oil & Gas
Energy & power
Aerospace & Defense
Automotive & transportation
Infrastructure
Others
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