NDT Service Market Growth Dynamics 2020 by Major Key Players: - Applus+, DEKRA, Mistras Group, Inc., NDT Global, NIKON METROLOGY, SGS, TEAM, Inc., TUV Nord, TÜV Rheinland Group, TÜV SÜD

Speaking of the growth momentum acquired by the NDT service market in geographical terms, Europe has been a leading investment avenue owing to the stringent regulatory guidelines enforced by European Union mandating the usage of non-destructive testing services across different business sectors. Apparently, these regulations have essentially focused on ensuring product and employee safety as the region is home to numerous well-known firms such as Intertek, SGS, and Bureau Veritas. All these factors have created humongous growth opportunities for the Europe NDT service market which apportioned more than 30 percent of the revenue share of this industry in the year 2018.

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Key Companies: - Applus+, DEKRA, Mistras Group, Inc., NDT Global, NIKON METROLOGY, SGS, TEAM, Inc., TUV Nord, TÜV Rheinland Group, TÜV SÜD

Owing to the evolving demands of the industrial & manufacturing sectors, the growth trajectory of the NDT service market is witnessing an optimistic change over the recent years. The need for agile and highly-efficient inspection equipment has been escalating lately as the valuable assets of numerous business verticals are aging and require tough inspection regimes to stay relevant in the long run. Global manufacturing firms are adopting NDT services to sustain their utilization rates and growth momentum - a factor that has fueled the NDT service market trends.

When it comes to the types of technology being used in the non-destructive testing services, it is imperative to note that this industry has been proactive in its adoption of modern technologies such as artificial intelligence and Internet of Things (IoT). This technological integration has assisted NDT market to make inroads in numerous business verticals such as aerospace and energy.

With the launch of inspection systems such as Silverwing R-Scan, it is quite prudent to state the addition of agile, advanced, and portable inspection systems would not only add stealth to the ultrasonic inspection testing product range but would also improve the productivity levels. Moreover, the establishment of research centers or testing laboratories would further propel the growth prospects of the global NDT service market in the upcoming years.

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In the hindsight, it can certainly be said that NDT services are anticipated to enable decentralized decisions and information transparency in the manufacturing processes which would be followed in Industry 4.0. Moreover, these services would prove to be crucial in eliminating obsolete formats and enhance productivity levels owing to the increasing need for inspection. Most notably, the evolving demands of the industrial sector, the rising number of disruptive innovations, and the effect of integrating new-age technologies such as AI and IoT are set to transform the way NDT service market would function in the times to come.

Some Points From Table Of Content: -
Chapter 5. Global NDT Service Market, By Method
5.1. Key trends, by method
5.2. Volumetic inspection
5.2.1. Market estimates and forecast, 2014 - 2025
5.3. Surface inspection
5.3.1. Market estimates and forecast, 2014 - 2025
5.4. Visual inspection
5.4.1. Market estimates and forecast, 2013-2024

Chapter 6. Global NDT Service Market, By Technology
6.1. Key trends, by technology
6.2. Ultrasonic Inspection
6.2.1. Market estimates and forecast, 2014 - 2025
6.2.2. Straight beam testing
6.2.2.1. Market estimates and forecast, 2014 - 2025
6.2.3. Angle beam testing
6.2.4. Immersion testing
6.2.5. Guided wave testing
6.2.6. Phased array testing
6.2.7. Time-Of-Flight Diffraction (TOFD)
6.3. Radiography testing
6.3.1. Market estimates and forecast, 2014 - 2025
6.3.2. X-Ray testing
6.3.3. Gamma-Ray testing
6.3.4. Film radiography
6.3.5. Direct radiography
6.3.6. Computed radiography
6.4. Eddy Current testing
6.4.3. Remote field testing
6.4.4. Eddy-Current Array (ECA)
6.5. Magnetic Particle Inspection
6.6. Dye penetration testing
6.7. liquid Penetrant Inspection
6.8. Others

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