Press release
Global Non-Destructive Testing Instruments Market Insights - Industry Share, Sales Projections, and Demand Outlook 2024-2030-Parakito,Runben,Shanghai Windtalk Leisure
Non-destructive testing instruments are a wide group of equipment used in science and industry to evaluate the properties of a material, component or system without causing damage. Common NDT methods include ultrasonic, magnetic-particle, liquid penetrant, radiographic, remote visual inspection, eddy-current testing, and low coherence interferometry.The global Non-Destructive Testing Instruments market was valued at US$ 4945 million in 2023 and is anticipated to reach US$ 7297 million by 2030, witnessing a CAGR of 5.8% during the forecast period 2024-2030.
Global Non-Destructive Testing Instruments key players include General Electric, Olympus Corporation, Fujifilm, Nikon, etc. Global top four manufacturers hold a share about 35%.
North America is the largest market, with a share over 35%, followed by Asia-Pacific and Europe, both have a share about 50 percent.
In terms of product, Ultrasonic Test Equipment is the largest segment, with a share about 33%. And in terms of application, the largest application is Oil & Gas Industry, followed by Aerospace & Defense Industry, Automotive Industry, Infrastructure Industry, Power Generation Industry, etc.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Non-Destructive Testing Instruments, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Non-Destructive Testing Instruments.
The Non-Destructive Testing Instruments market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Non-Destructive Testing Instruments market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
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The report will help the Non-Destructive Testing Instruments manufacturers, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
General Electric
Olympus Corporation
Mistras
Nikon
Magnaflux
YXLON
Fujifilm
Sonatest
Zetec
Bosello High Technology
Union
Segment by Type
Ultrasonic Test Equipment
Magnetic Particle Test Equipment
Visual Inspection Equipment
Radiography Test Equipment
Penetrant Test Equipment
Others
Segment by Application
Aerospace and Defense Industry
Automotive Industry
Oil and Gas Industry
Infrastructure Industry
Power Generation Industry
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Non-Destructive Testing Instruments manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Non-Destructive Testing Instruments in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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