Press release
Non-Destructive Testing (NDT) Services Market Report Includes Dynamics, Products, and Application 2017 - 2032
Non-Destructive Testing (NDT) Services Market size is estimated to be USD 10.3 billion in 2023 and is projected to reach USD 18.5 billion by 2028, at a CAGR of 10.1% during the forecast period.The expansion of industries and workplaces has increased demand for non-destructive drug testing services. Business executives' sensitivity to their staff and the workplace environment fosters a culture free from illicit activity. The Non-Destructive Testing Services Market is being driven by the concern among industry sectors to outlaw drug use at work.
Drivers
The market for non-destructive drug testing services is expanding as a result of the increased usage of the Internet in business.
Additionally, an increasing number of businesses are using renewable energy sources to produce the electrical energy needed to run their operations. This is yet another important element that is fueling market expansion.
Opportunities
It's possible that fewer businesses may require non-destructive drug testing services. However, the CAGR is substantial. This is causing several providers of these services to increase their investment in R&D. The goal is to develop and market non-destructive drug testing services that are far more sensitive and efficient at finding minuscule amounts of drugs in a person's system.
Restraints
These services are frequently pricy. Because of this, only the biggest businesses can easily afford them.
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Methodology
Different outlines that cover the main market segments are used in the market research for this analysis. This industry's press releases and annual reports are used as two key sources for the overview, along with opinions from secondary sources including specialists, analysts, experts, and researchers.
Other resources can be used to collect accurate information about opportunities for business growth in the global market, including trade journals, associations, government websites, and industry periodicals. Other elements such as economic, political, social, and other market-related scenarios are also covered in the report using the proper terminology to broaden the market's focus.
Global Non-Destructive Testing (NDT) Services Market: Major Players
Nikon Metrology NV
Intertek Group plc
TUV Rheinland
Yxlon International Gmbh (Comet Holding Ag)
MISTRAS Group, Inc.
TWI Ltd
Nexxis
VOGT Ultrasonics GmbH
INNERSPEC TECHNOLOGIES, INC.
Intertek Group Plc.
Fujifilm Corporation
Applus Services
Olympus Corporation
Magnaflux Corp.
GE Measurement & Control Solutions
Applied Technical Services
Team Inc
Bureau Veritas S.A.
Sonatest
SGS Group
Global Non-Destructive Testing (NDT) Services Market: By Types
Acoustic Emission Testing (AE)
Electromagnetic Testing (ET)
Ground Penetrating Radar (GPR)
Phased Array Ultrasonic Testing (PAUT)
Laser Testing Methods (LM)
Leak Testing (LT)
Magnetic Flux Leakage (MFL)
Microwave Testing
Liquid Penetrant Testing (PT)
Magnetic Particle Testing (MT)
Neutron Radiographic Testing (NR)
Radiographic Testing (RT)
Thermal/Infrared Testing (IRT)
Ultrasonic Testing (UT)
Vibration Analysis (VA)
Visual Testing (VT)
Global Non-Destructive Testing (NDT) Services Market: By Applications
Oil & Gas
Power & Energy
Construction
Automotive & Transportation
Aerospace
Defense
Other
Global Non-Destructive Testing (NDT) Services Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Non-Destructive Testing (NDT) Services market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Frequently Asked Questions About This Report
• How big is the non-destructive testing market?
• What is the non-destructive testing market growth?
• Which offering segment led the non-destructive testing market?
• Which test method dominated the non-destructive testing market?
• Which vertical accounted for the highest share in the global non-destructive testing market?
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