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Non-Destructive Testing (NDT) And Inspection Market Size, Growth, Drivers And Forecast Analysis By 2032
Non-Destructive Testing (NDT) And Inspection Market
The Business Research Company's latest "Global Non-Destructive Testing (NDT) And Inspection Opportunities And Strategies Market Report - Forecast To 2032" is the most comprehensive report available in market that will help gain a truly global perspective with data and statistics from over 60 geographies analyzed with more than 7500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth and highlights important trends and strategies that can be adopted to beat the competition in the industry
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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.
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, Other Techniques.
By Method -Visual Inspection, Surface Inspection, Volumetric Inspection, Other Methods.
By Vertical -Manufacturing, Oil And Gas, Aerospace, Public Infrastructure, Automotive, Power Generation, Other Verticals
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. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
......
19. Company Profiles
20. Key Mergers and Acquisitions
21. Opportunities And Strategies
22. Non-Destructive Testing (NDT) And Inspection Market, Conclusions And Recommendations
23. Appendix
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