Non-Destructive Testing (NDT) Equipment Market 2021 report explores the future trends, top companies development and forecasts

Non-Destructive Testing (NDT) Equipment Market by Component, Application, Services, and Region- Forecast to 2026

The Global Non-Destructive Testing (NDT) Equipment Market Research Report 2021-2026 published by Market Insights Reports is a significant source of keen information for business specialists. It furnishes the Non-Destructive Testing (NDT) Equipment business outline with development investigation and historical and futuristic cost analysis, income, demand, and supply information (upcoming identifiers). The research analysts give a detailed depiction of the Non-Destructive Testing (NDT) Equipment worth chain and its wholesaler examination. Non-Destructive Testing (NDT) Equipment Market study gives extensive information which upgrades the agreement, degree, and use of this report.

The global non-destructive testing equipment market was valued at USD 4,779 million in 2020, and it is projected to be worth USD 7,635.7 million by 2026, registering a CAGR of 7.2 % during the forecast period (2021 - 2026).

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Top Leading Companies of Non-Destructive Testing (NDT) Equipment Market are Magnaflux Corp., Nikon Metrology Inc., Intertek Group Plc, YXLON International GmbH ( COMET Group), Olympus Corporation, Baker Hughes, Fujifilm Corporation, TEAM Inc., Acuren Inspection, Inc., TUV Rheinland AG, Applus Services SA, MISTRAS Group, SGS Group and others.

-Non-Destructive Testing (NDT) Equipment Market Analysis

-Industry News And Updates on Non-Destructive Testing (NDT) Equipment Market-

October 2019 - Intertek announced the expansion of its corrosion testing at its Sharjah Laboratory Complex, which assists clients in the UAE, Saudi Arabia, Kuwait, Oman, Bahrain, and Egypt. The upgrade and expansion of the Sharjah facility allow Intertek to offer enhanced local services in a laboratory devoted to the testing of corrosion inhibitors under highly sour conditions; for example, fluids containing high levels of corrosive hydrogen sulfide (H2S).

- July 2019- Applus+ RTD in Germany was planning to deliver non-destructive testing (NDT) for the construction of a new chemical plant for Covestro. Applus+ RTD is expected to provide services, including NDT on piping, new construction, and work during the assembly phase of the project. In view of the tight schedule, Applus+ is partnering with the UK company, SafeRad Ltd, whose qualified system allows for radiographic techniques to be used with a minimum of radiographic exposure. Radiographic Testing (RT) can be performed during day and night shifts, in parallel with the work of the piping companies.-Key Market Trends Non-Destructive Testing (NDT) Equipment Market-

The need for maintenance optimization for efficient operations and quality/safety assurance is further helping the adoption of NDT testing equipment. Moreover, factors, such as safety, increased service intervals, reducing tolerance to disruption, small emission targets, and innovative materials have further contributed to the rising demand for NDT techniques in the aerospace and defense sectors.

- The Non-destructive testing equipment emerged as an essential part of every industrial toolbox. Building welded structures or industrial plants without NDT would be synonymous to building without cleaning or measuring or welding. Maintaining aircraft, refineries, or rotating equipment without NDT would be like maintaining without lubrication or checking for corrosion or tightness.

- Among the technologies used in NDT testing equipment, the ultrasonic and radiography testing segments are witnessing high innovations, which are aimed at filling in gaps of existing market product offerings. Ultrasonic detectors, however, have significantly aided the demand for ultrasonic test equipment, with Olympus NDT and GE Measurement and Control Systems playing a crucial role in offering these advanced solutions.

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