Press release
Non-Destructive Testing (NDT) And Inspection Market 2022 Competitive Insights and Precise Outlook - MISTRAS Group, Acuren Inspection Inc., YXLON International, Fprimec Solutions Inc., Baker Hughes
The Non-Destructive Testing (NDT) And Inspection Market 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.Non-Destructive Testing and Inspection Market size was valued at USD 9.56 Billion in 2020 and is projected to reach USD 17.13 Billion by 2028, growing at a CAGR of 7.67% from 2021 to 2028.
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Top Leading Companies of Non-Destructive Testing (NDT) And Inspection Market are 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., Intertek Group plc. and others.
Market Overview:
Non-destructive testing (NDT) and Inspection is the process of testing, evaluating materials, components for differences in characteristics without destroying the serviceability of the system. NDT can be performed during or after manufacture, or even on equipment that is in service. Benefits of non-destructive testing and inspection system include - increased product reliability, identify areas of concern before failure, comprehensive testing, accident prevention, less downtime, and less waste. Methods of non-destructive testing and inspection are Surface Inspection, Volumetric Inspection, and Visual Inspection. Based on the service, they are classified into Training Services,
Market Segmentation:
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
Regional Outlook of Non-Destructive Testing (NDT) And Inspection Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Non-Destructive Testing (NDT) And Inspection Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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