Non-Destructive Testing and Inspection Market 2021 Strategic Assessment- General Electric, Mistras Group Inc., Olympus Corporation, Ashtead Technology Inc., Nikon Metrology

Global Non-Destructive Testing and Inspection Market Size and Forecast to 2021 – 2027 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data. The research analysts provide a detailed description of the value chain and its distributor analysis. This Market study provides comprehend Non-Destructive Testing and Inspection data that enhances the understanding, scope, and application of this report.

The study includes market share analysis and profiles of players such as- General Electric, Mistras Group Inc., Olympus Corporation, Ashtead Technology Inc., Nikon Metrology Inc., Magnaflux Corporation, Zetec Inc., Eddyfi NDT Inc., Yxlon International GmbH, Fischer Technology Inc., Sonatest Ltd., NDT Global GmbH & Co. Kg, Td Williamson, Bosello High Technology Srl.

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The global Non-Destructive Testing and Inspection market size is projected to reach US$ 9890.9 million by 2027, from US$ 6640 million in 2020, at a CAGR of 5.8% during 2021-2027.

Industry News and Update:

In September 2019, MISTRAS Group acquired New Century Software (US), a leading provider of pipeline integrity management software and services to energy transportation companies.

In June 2019, Olympus Corporation launched the DSX1000 digital microscope, which significantly improves the inspection workflow of users and enables the analysis of a wide variety of samples with a single tool.

This report segments the global Non-Destructive Testing and Inspection market on the basis of Types are:

Inspection Services
Equipment Rental Services
Training Services
Calibration Services

On the basis of Application, the Global Non-Destructive Testing and Inspection market is segmented into:

Manufacturing
Oil and Gas
Aerospace
Public Infrastructure
Automotive
Power Generation
Others Verticals

Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Non-Destructive Testing and Inspection market.

The regional analysis is exclusively focused in the report:

- North America (United States, Canada and Mexico),

- Europe (Germany, France, UK, Russia and Italy),

- Asia-Pacific (China, Japan, Korea, India and Southeast Asia),

- South America (Brazil, Argentina, etc.),

- Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)

Asia- Pacific to Witness Fastest Growth:

According to the World Nuclear Association, China and India have planned 43 and 14 nuclear reactors respectively by May 2019. Thus, the need for maintenance of those power plants will also increase which in return will create a market for nondestructive testing.

Further, the APAC region offers opportunities for the non-destructive testing market owing to the increase in infrastructure spending by the governments. For instance, the largest infrastructure effort in the region is China’s “Belt and Road Initiative,” aiming to boost productivity and efficiency gains by improving trade links between Asia and Europe. Such infrastructure initiatives create a market for NDT because NDT helps in detecting corrosion, cracking and other damage which can affect load carrying capacity.

Browse the report description and TOC: 

https://www.marketinsightsreports.com/reports/07133069695/global-non-destructive-testing-and-inspection-market-size-status-and-forecast-2021-2027?Mode=28  

The study objectives of this report are:

To study and analyze the global Non-Destructive Testing and Inspection size (value and volume) by the company, key regions/countries, products and application, history data from 2020 to 2026, and forecast to 2027.
To understand the structure of Non-Destructive Testing and Inspection by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Non-Destructive Testing and Inspection manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To analyze the Non-Destructive Testing and Inspection with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Non-Destructive Testing and Inspection submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Major Points Covered in Table of Contents:

– Overview of Non-Destructive Testing and Inspection Market
– Global Market Status and Forecast by Regions
– Global Market Status and Forecast by Types
– Global Market Status and Forecast by Downstream Industry
– Market Driving Factor Analysis
– Market Competition Status by Major Manufacturers
– Major Manufacturers Introduction and Market Data
– Upstream and Downstream Market Analysis
– Cost and Gross Margin Analysis
– Marketing Status Analysis
– Market Report Conclusion
– Research Methodology and Reference

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This release was published on openPR.