The International NDT Services Market to reach USD 8550.0 Million by 2024 | Top Key players Analysis by - Mistras, Tuv Rheinland Ag, Intertek , Team, Zetec

The global market size is estimated to grow from USD 5700.0 Million in 2019 to USD 8550.0 Million by 2024. This report provides in depth study of "NDT Services Market" using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Smart Home as a Service Market report also provides an in-depth survey of key players in the market organization.

Global NDT Services Market overview:

BusinessIndustryReports have new report spread across 96 pages is an overview of the Global NDT Services Market Report 2020. The Global NDT Services Market is projected to grow at a healthy growth rate from 2020 to 2024 according to new research. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies.

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The NDT Services industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, NDT Services market size to maintain the average annual growth rate of 0.050758638072 from 4450.0 million $ in 2014 to 5700.0 million $ in 2019, market analysts believe that in the next few years, NDT Services market size will be further expanded, we expect that by 2024, The market size of the NDT Services will reach 8550.0 million $.

The Global NDT Services Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the NDT Services Market is sub segmented into Inspection Services, Equipment Rental Services, Training Services, Calibration. Based on End Use Industry segment, the NDT Services Market is sub segmented into Manufacturing, Oil & Gas, Aerospace, Government Infrastructure And Public Safety, Automotive. The demand for NDT technologies in this sector is largely driven by government regulations for improving the safety of people and environment by avoiding oil spillage due to leaks, bursting of pipes, or any other accidents. The manufacturing sector is expected to grow at the highest rate due to various government initiatives such as 'Make in India' by Government of India

The Asia-Pacific region is projected to register a highest growth in the market between 2020 and 2024. The growing end-user industry is the key driver of the market in the region. Europe is projected to witness a slow growth during the forecast period due to stringent environment norms in the region. North America held the largest share of the NDT services market in 2015, and it is expected to grow at a moderate Compound Annual Growth Rate between 2019 and 2023. The market in this region is driven by dominant construction and manufacturing activities in the region.

Some of the NDT Services Market manufacturers involved in the market are Ge Oil And Gas Digital Solutions, Ashtead Technology, Mistras Group, Inc, Tuv Rheinland Ag, Intertek Group Plc, Team, Inc, Zetec Inc.Yxlon International Gmbh, Rockwood Service Corporation, Acquisitions and effective mergers are some of the strategies adopted by the NDT Services Market manufacturers. New product launches and continuous technological innovations are the NDT Services Market strategies adopted by the major players.

Latest Industry Updates:

Intertek awarded contract by The Government of Iraq for its Conformity Assessment Programme for goods imported into Iraq, Intertek, a leading Total Quality Assurance provider to industries worldwide, has been awarded a contract by the Central Organization for Standardization and Quality Control (COSQC) of Iraq to manage its Conformity Assessment Programme (CAP) referred to as Pre- Inspection, Testing and Issuing Certificates of Conformity Programme of Goods imported into Iraq for exports to the country.

The programme verifies the conformity of all regulated products in the respective country of supply within a range of sectors, including but not limited to: Food, Chemicals, Electricals and Electronic Appliances, Textiles, Cosmetics and Perfumery products, Tobacco products, Construction and Building Materials, Stationery, Baby Care Items and Toys, Vehicle Spare Parts and Lubricants. This ensures they comply with the applicable Iraqi Technical Regulations and approved standards, assuring Iraq's consumers of the quality and reliability of imported goods.

Thomas Kordick, Global Business Line Leader, Government and Trade Services, Intertek said: "We are delighted to be working with COSQC in supporting them with their Pre- Inspection, Testing and Issuing Certificates of Conformity Programme of Goods imported into Iraq giving Iraq's consumers the assurance they need when buying imported goods and protecting them from sub-standard products. Having introduced the very first Conformity Assessment Programme in the Kingdom of Saudi Arabia more than 20 years ago, Intertek has the experience and expertise to provide COSQC, and exporters to Iraq, with a rapid and excellent service

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Key Questions Answered in this Report:

1 The study provides an in-depth analysis of the global NDT Services Market and current & future trends to elucidate the imminent investment pockets.

2 Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided.

3 Porters Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.

4 The quantitative analysis of the global market from 2016 to 2024 is provided to determine the market potential.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of HD Map in these regions, from 2013 to 2024 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America

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Table of Contents:

1 NDT Services Definition

2 Global NDT Services Market Major Player Share and Market Overview

3 Major Player NDT Services Business Introduction

4 Global NDT Services Market Segmentation (Region Level)

5 Global NDT Services Market Segmentation (Product Type Level)

6 Global NDT Services Market Segmentation (Industry Level)

7 Global NDT Services Market Segmentation (Channel Level)

8 NDT Services Market Forecast 2020-2024

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