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Non-Destructive Testing (NDT) And Inspection Market 2023 - Size, Share, Segments, Data, Growth, And Forecast
Non-Destructive Testing (NDT) And Inspection Market
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The global non-destructive testing (NDT) and inspection market reached a value of nearly $8,270.61 million in 2022, having grown at a compound annual growth rate (CAGR) of 2.9% since 2017. The market is expected to grow from $8,270.61 million in 2022 to $11,861.37 million in 2027 at a rate of 7.5%. The market is then expected to grow at a CAGR of 8.2% from 2027 and reach $17,605.54 million in 2032.
Non-destructive testing (NDT) refers to a range of techniques and methods used to assess the integrity, quality and reliability of materials, components and structures, without causing damage to them. These techniques are employed across various industries to detect defects, discontinuities and irregularities that may affect the performance or safety of objects.
Companies operating in the non-destructive testing (NDT) and inspection market are increasing their potential for developing and utilizing new ultrasonic testing (UT) innovations. Flaw detection and thickness measurement are common applications for UT. The development of phased array ultrasonics (PAUT) and guided wave testing techniques are two recent UT advancements. PAUT enables faster scanning of greater areas and enhanced fault characterization, whereas guided wave testing is ideal for long-range pipe and structural inspection.
Robotics and automation are increasingly being used in NDT, allowing for more efficient and precise examinations. Robots can travel through complicated construction sites and conduct inspections in dangerous or difficult-to-reach regions. Automation also includes the application of modern algorithms and artificial intelligence to analyze data and discover flaws. Intelligent flying robots have revolutionized industrial asset assessment by performing precise ultrasonic thickness (UT) and visual checks in difficult situations. They are the most convenient solution, since they are a safer, less costly and a faster way of performing UT examinations than conventional procedures.
Non-Destructive Testing (NDT) And Inspection Market Segmentation:
By Technique - Magnetic Particle Testing, Ultrasonic Testing, Visual Testing, Liquid Penetrant Testing, Eddy-Current Testing, Radiographic Testing, Acoustic Emission Testing
By Method - Visual Inspection, Surface Inspection, Volumetric Inspection
By Vertical - Manufacturing, Oil And Gas, Aerospace, Public Infrastructure, Automotive, Power Generation
Some of the key players involved in the non-destructive testing (NDT) and inspection market are SGS Group, TEAM Inc, Applus Services, Baker Hughes Company, Mistras Group, Inc.
The regions covered in the global non-destructive testing (NDT) and inspection market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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A Few Points From The Table Of Content
1. Non-Destructive Testing (NDT) And Inspection Market Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
6. Introduction To The Non-Destructive Testing (NDT) And Inspection Market
……
25. Key Mergers And Acquisitions In The Non-Destructive Testing (NDT) And Inspection Market
26. Market Background: Nursing Care
27. Non-Destructive Testing (NDT) And Inspection Market Opportunities And Strategies
28. Non-Destructive Testing (NDT) And Inspection Market, Conclusions And Recommendations
29. Appendix
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