Press release
Non-Destructive Testing (NDT) And Inspection Market 2022: Technology, Development, Trends And Opportunities, Forecast To 2031
New year, new updates! Our reports have been revised for market size, forecasts, and strategies to take on 2022https://www.thebusinessresearchcompany.com/global-market-reports
‘Non-Destructive Testing (NDT) And Inspection Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026’ by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing it, and highlights of the opportunities that companies in the industry can take on. The non-destructive testing (ndt) and inspection market research report helps gain a truly global perspective of the non-destructive testing (ndt) and inspection industry as it covers 60 geographies worldwide. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.
The regions covered in the non-destructive testing (ndt) and inspection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest non-destructive testing (ndt) and inspection market share.
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The NDT and inspection market consist of sales of NDT and inspection services by entities (organizations, sole traders, and partnerships) that are engaged in testing and inspection services. Non-destructive testing is the method of examining, testing, or assessing products, parts, or assemblies for discontinuities or discrepancies in functionality without sacrificing the part's or system's serviceability. NDT techniques are used in production lines, on-site inspections, and fabrication units to maintain product reliability, manufacturing process, uniform quality level, and attain lower product costs.
Key competitors in the non-destructive testing (ndt) and inspection market include MISTRAS Group, Acuren Inspection Inc, YXLON International, Fprimec Solutions Inc, Baker Hughes, Applied Technical Services, TEAM Inc., SGS Group, Applus Services, Bureau Veritas S.A. and Intertek Group plc.
The global NDT and inspection market size is expected to grow from $7.40 billion in 2021 to $8.49 billion in 2022 at a compound annual growth rate (CAGR) of 14.6%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The NDT and inspection market is expected to reach $11.89 billion in 2026 at a CAGR of 8.8%.
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TBRC’s report segments the global non-destructive testing (ndt) and inspection market:
1) By Technique: Magnetic Particle Testing, Ultrasonic Testing, Visual Testing, Liquid Penetrant Testing, Eddy-Current Testing, Radiographic Testing, Acoustic Emission Testing, Others
2) By Method: Visual Inspection, Surface Inspection, Volumetric Inspection, Others
3) By Vertical: Manufacturing, Oil and Gas, Aerospace, Public Infrastructure, Automotive, Power Generation, Others
Read Further On The Non-Destructive Testing (NDT) And Inspection Market Here:
https://www.thebusinessresearchcompany.com/report/non-destructive-testing-and-inspection-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Non-Destructive Testing (NDT) And Inspection Market Characteristics
3. Non-Destructive Testing (NDT) And Inspection Market Trends And Strategies
4. Impact Of COVID-19 On Non-Destructive Testing (NDT) And Inspection
5. Non-Destructive Testing (NDT) And Inspection Market Size And Growth
....
26. Africa Non-Destructive Testing (NDT) And Inspection Market
27. Non-Destructive Testing (NDT) And Inspection Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Non-Destructive Testing (NDT) And Inspection Market
29. Non-Destructive Testing (NDT) And Inspection Market Future Outlook and Potential Analysis
30. Appendix
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