Press release
Meticulous Research® Unveils Exclusive Insights: Non-destructive Testing (NDT) Services Market Projected to Reach $16.83 Billion by 2030
[Redding, California, March 07, 2024] - Meticulous Research®, a premier provider of in-depth market analysis, has released an exclusive report titled 'Non-destructive Testing (NDT) Services Market by Type (Inspection, Training, Others), Method (Radiographic, Ultrasonic, Others), Application (Flaw Detection, Others), End-use Industry (Oil & Gas, Manufacturing, Others) & Geography-Forecasts to 2030', forecasting substantial growth for the non-destructive testing (NDT) services market, poised to achieve a valuation of $16.83 billion by 2030, at an impressive Compound Annual Growth Rate (CAGR) of 8.9% from 2023 to 2030.Download Free Research PDF @ https://www.meticulousresearch.com/download-sample-report/cp_id=5118
Empowering Industries with Non-destructive Testing (NDT)
Non-destructive testing (NDT) serves as a pivotal technique embraced by industries worldwide to assess the integrity, quality, and reliability of materials, components, and structures without causing damage. Industries rely on NDT services for flaw detection, dimensional measurement, chemical composition determination, and stress and structure analysis, among others, ensuring adherence to stringent regulatory standards and safeguarding public safety and product quality.
Market Dynamics: Driving Forces and Growth Opportunities
The accelerated adoption of advanced NDT techniques, stringent regulatory standards, and the imperative to evaluate aging infrastructure underpin market growth. However, challenges such as the high cost of NDT services and data security vulnerabilities pose obstacles to market expansion. Nevertheless, the rising significance of calibration and evaluation services and the growing focus on electromagnetic testing underscore untapped growth opportunities in the NDT services landscape.
Browse in depth @ https://www.meticulousresearch.com/product/non-destructive-testing-services-market-5118
Unlocking Growth Opportunities Across Segments
The NDT services market is segmented by type, method, application, end-use industry, and geography, offering a comprehensive view of industry dynamics and growth prospects.
Based on type, the global NDT services market is segmented into inspection services, training services, calibration and evaluation services, equipment rental services, and consulting services. In 2023, the inspection services segment is expected to account for the largest share of the global NDT services market.
However, the calibration and evaluation services segment is expected to record the highest CAGR during the forecast period. The need to keep equipment calibrated as per industry standards and the growing need for equipment calibration to broaden service capabilities for customers is expected to drive the growth of this segment in the coming years. In addition, regular calibration of NDT equipment is essential for accurate measurements and inspections, enabling informed decision-making and maintaining quality standards in operations. Such requirements contribute to the growth of this segment.
Based on method, the global NDT services market is segmented into visual testing, ultrasonic testing, liquid penetrant testing, radiographic testing, electromagnetic testing, acoustic emission testing, and other methods. In 2023, the ultrasonic testing segment is expected to account for the largest share of the global NDT services market.
However, the electromagnetic testing segment is expected to record the highest CAGR during the forecast period. The benefits of electromagnetic testing across end-use industries, the increasing focus of NDT equipment manufacturers in the development of electromagnetic testing equipment, and the growing use of various electromagnetic tests for testing the integrity of aircraft and aircraft parts are expected to drive the growth of this segment in the coming years. In addition, the growing focus of NDT equipment manufacturers on of development of NDT devices is contributing to the growth of this segment. For instance, in November 2022, UniWest (U.S.), a leader in the sensing technology industry, launched an EddyView II portable eddy current flaw detector.
Request for Sample Report: https://www.meticulousresearch.com/request-sample-report/cp_id=5118
Based on application, the global NDT services market is segmented into flaw detection, dimensional measurement, chemical composition determination, stress and structure analysis, and physical properties estimation. In 2023, the flaw detection segment is expected to account for the largest share of the global NDT services market.
Moreover, the flaw detection segment is expected to record the highest CAGR during the forecast period. The increasing use of NDT testing in manufacturing for flaw detection due to extreme temperatures, stress, fatigue, and dynamic loads, and the implications and increasing initiatives of companies for the development of NDT equipment for flaw detection, is expected to drive the growth of this segment in the coming years. In addition, various NDT equipment manufacturers are focusing on the development of NDT devices for the detection of flaws. For instance, in June 2020, Eddyfi Technologies launched its PAUT flaw detector with TFM.
Based on end-use industry, the NDT services market is segmented into oil & gas, aerospace, power generation, healthcare and medical devices, manufacturing, military and defense, supply chain and transportation, public infrastructure, water and waste management, and other end-use industries. In 2023, the manufacturing segment is expected to account for the largest share of the global NDT services market.
Based on geography, the NDT services market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is expected to account for the largest share of the global NDT services market. However, the Middle East & Africa is expected to record the highest CAGR during the forecast period. Factors such as the region's leading position in the oil and gas industry, government focus on increasing production of oil and gas, growing integration of robots for inspection of oil and gas infrastructure, stringent regulations for inspection of oil & gas industry assets and infrastructure are expected to drive the growth of the NDT services market in the coming years.
Quick Buy - Non-destructive Testing (NDT) Services Market - Global Opportunity Analysis and Industry Forecast (2023-2030), Research Report: https://www.meticulousresearch.com/Checkout/88811880
Key Players:
Some of the key players operating in the NDT services market are SGS SA (Switzerland), Bureau Veritas (France), DEKRA SE (Sweden), Intertek Group plc (U.K.), TÜV Rheinland (Germany), MISTRAS Group, Inc. (U.S.), TEAM, Inc. (U.S.), Waygate Technologies (Germany), Element Materials Technology (U.K.), Applus Services, S.A. (Spain), TÜV SÜD AG (Germany), Acuren (U.S.), Applied Technical Services, LLC (U.S.), Siemens Energy AG (Germany), PTS Group (U.K.), Vertech Group (Australia), TWI Ltd. (U.K.), NDT Group Inc. (Canada), Axess AS (Norway), Control Union (Netherlands), and Testia (France).
Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Meticulous Research® Unveils Exclusive Insights: Non-destructive Testing (NDT) Services Market Projected to Reach $16.83 Billion by 2030 here
News-ID: 3417968 • Views: …
More Releases from Meticulous Research®
Direct Air Capture Market: Transforming Carbon Removal for a Net-Zero Future
Introduction
The global Direct Air Capture (DAC) market has entered a period of rapid transformation as nations, industries, and corporations intensify their efforts to achieve net-zero emissions. Valued at $136.5 million in 2024, the market is projected to grow significantly, reaching approximately $6.93 billion by 2035. This expansion, driven by a remarkable compound annual growth rate (CAGR) of 43.3% between 2025 and 2035, highlights the growing importance of DAC technologies in…
European Direct-to-Consumer Genetic Testing Market Outlook 2025-2035
Introduction
The European direct-to-consumer (DTC) genetic testing market is expanding at a remarkable pace, reflecting rising consumer interest in personalized healthcare and genetic insights. Valued at $464 million in 2025, the market is projected to grow at a compound annual growth rate (CAGR) of 23.3%, reaching nearly $3.78 billion by 2035. This growth underscores how advances in genomic sequencing, combined with increasing health awareness, are reshaping the healthcare and wellness landscape…
Peer-to-Peer Energy Trading Platforms Market Outlook 2025-2035
Introduction
The global peer-to-peer (P2P) energy trading platforms market is undergoing rapid transformation as new technologies reshape how energy is generated, distributed, and traded. Valued at $138 million in 2024, the market is projected to grow significantly, reaching nearly $2.34 billion by 2035. This growth, at a compound annual growth rate (CAGR) of 29.7% from 2025 to 2035, highlights the increasing adoption of decentralized energy solutions and digital platforms that empower…
Dermoscopy and Skin Visualization Devices Market Outlook to 2035
Introduction
The global dermoscopy and skin visualization devices market is entering a phase of rapid transformation, driven by the increasing need for early detection of skin conditions and the rising incidence of skin cancer worldwide. Valued at $1.33 billion in 2024, the market is expected to reach nearly $3.3 billion by 2035, expanding from an estimated $1.43 billion in 2025 at a compound annual growth rate (CAGR) of 8.7% during the…
More Releases for NDT
Seamless Digital RT Workflow with DRIVE NDT and D-Tect X from DÜRR NDT
For an optimal digital workflow in radiographic testing (RT), the X-ray inspection software D-Tect X can be integrated with the NDT management software DRIVE NDT. The closely meshed interaction between DRIVE NDT and D-Tect X means that a large part of the process takes place automatically. This not only saves time, but the automatic exchange of data also minimizes the possibility of human error. As all the steps and processes…
Rapid CUI Inspection with the DRA 3543 NDT Flat Panel Detector from DÜRR NDT
NDE Solutions Pty Ltd, located in Adelaide, South Australia with a team of over 60 employees provides non-destructive testing and inspection solutions to the oil and gas, defence, power, and mining industries.
NDE Solutions has been using the DÜRR NDT DRA 3543 digital flat panel since 2021 in combination with Iridium-192 radiation sources to perform Corrosion-Under-Insulation (CUI) radiography for confirming pipe wall loss in oil and gas plants and refineries. The…
DRIVE NDT enables DEKRA to increase its efficiency with digital NDT workflow man …
DEKRA has approximately 48,000 employees and ranks as one of the foremost testing companies worldwide. A pioneering team is introducing the innovative DRIVE NDT to organize non-destructive testing and its peripheral processes at the BAYERNOIL site in Neustadt.
Digital processes are firmly embedded in all industrial fields these days. The resulting advantages are clearly seen by all companies and industries and their potential is also increasingly recognized for non-destructive testing. Benjamin…
Corrosion-Under-Insulation Inspection Made Easy with the CR 35 NDT from DÜRR ND …
Stork Technical Services, located in Kwinana, Western Australia with a team of over 30 employees provides asset integrity and fabric maintenance services to the oil and gas, chemical, power and mining industries.
Stork Technical Services has been using the CR 35 NDT Computed Radiography scanner since 2019 and uses it with Iridium-192 in combination with high-sensitivity white imaging plates to perform Corrosion-Under-Insulation (CUI) radiography and digital gap shots which are…
Applus+ Entrusts DRIVE NDT with Digitization of NDT Workflow
Applus+ Germany is one of the largest providers of non-destructive testing (NDT) services in Germany and with more than 20,000 employees in over 70 countries is one of the largest companies in the industry worldwide.
In order to cement its leading position over the longer term, Applus+ is investing in future technologies. One of the key challenges of the future is the digitalization of all NDT processes. "A key promise is…
HD-CR 35 NDT from DÜRR NDT Increases Efficiency of Oil & Gas RT Inspection Task …
ENOD S.R.L is an NDT service company based in Buenos Aires, serving the energy sector in Argentina since August 1980.
ENOD is one of the largest service providers in Argentina, offering a wide range of inspection methods to fit their customers' needs. They have largely invested in the latest technologies to be one of the pioneers in their local market. A few years ago, they stepped into digital radiography to replace…
