Press release
NDT and Inspection Market Revenue to Cross USD 21.98 Billion By 2032; Registering at a CAGR of 9.0% - Exclusive Study by Polaris Market Research
NDT and Inspection Market
This comprehensive study provides an accurate overview of the worldwide NDT and inspection market. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by technique, service, method, vertical, application, and region in the study, which offers a comprehensive picture of the state of the market.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐จ๐ซ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐ฐ๐ข๐ญ๐ก ๐๐ง ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐ฉ๐๐จ๐ฆ๐ข๐ง๐ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ: https://www.polarismarketresearch.com/industry-analysis/ndt-and-inspection-market/request-for-sample
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
Non destructive testing (NDT) and inspection use analytical techniques to assess the properties of a material, component, or system without causing damage. Non-destructive testing techniques include ultrasonic examination, radiographic examination, magnetic particle examination, eddy current examination, and visual inspection. These techniques are essential in various industries such as aerospace, automotive, oil and gas, and construction as they enable the detection of flaws or abnormalities in materials and structures, ensuring safety and reliability. NDT boosts the dependability of important infrastructure and components by detecting potential issues before they become significant problems.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ:
โ The increasing demand for NDT and inspection equipment and services is due to aging infrastructures and increasing maintenance requirements. Instead of replacing old infrastructure with new ones, it is more beneficial to inspect the aging assets for maintenance regularly.
โ The primary driver of market growth is the rising awareness of safety and quality standards in various industries. The need for reliable and accurate inspection methods has significantly grown as products become more complex and essential.
๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ:
With so many businesses involved, the industry is projected to become more competitive as it continues to grow. Here are the top companies in the NDT and inspection market:
โข Applus+
โข Ashtead Technology
โข Bureau Veritas
โข Comet Group
โข Eddyfi Technologies
โข EVIDENT
โข Fischer Technology Inc.
โข General Electric
โข Intertek Group plc
โข Magnaflux
โข MISTRAS Group
โข Nikon Metrology NV
โข SGS Sociรฉtรฉ Gรฉnรฉrale de Surveillance SA.
โข Sonatest
โข TรV Rheinland
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐ฉ๐ฎ๐ซ๐๐ก๐๐ฌ๐: https://www.polarismarketresearch.com/industry-analysis/ndt-and-inspection-market/inquire-before-buying
๐๐๐ ๐๐ง๐ ๐๐ง๐ฌ๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข The market is projected to be led by the ultrasonic testing (UT) segment in 2023. This is primarily due to UT's adaptability, precision, and cost-efficiency.
โข The manufacturing sector is expected to experience significant growth due to the increasing adoption of non-destructive testing (NDT) techniques. These techniques are being used by manufacturers to enhance their quality control processes and ensure that their products meet stringent safety and quality standards.
โข The North American region was the dominant region in the global Non-Destructive Testing (NDT) and inspection market in 2023 due to the presence of well-established industries such as aerospace, automotive, and energy, which require regular NDT and inspection services to ensure the safety and quality of their products.
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
According to regional analysis, in 2023, North America, which includes the United States and Canada, took the top spot as the leading region in the global non-destructive testing (NDT) and inspection market. Outsourcing NDT and inspection services to third-party providers is on the rise, driving market growth in North America.
Also, there is a significant increase in the market in the Asia Pacific region due to the growing demand for safety and quality assurance in sectors such as manufacturing, construction, oil and gas, aerospace, and automotive.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/ndt-and-inspection-market
๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ก๐๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ ๐ญ๐ก๐ ๐๐๐ ๐๐ง๐ ๐๐ง๐ฌ๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ฆ๐๐ซ๐ค๐๐ญ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฌ๐๐ ๐จ๐ง ๐ญ๐๐๐ก๐ง๐ข๐ช๐ฎ๐, ๐ฌ๐๐ซ๐ฏ๐ข๐๐, ๐ฆ๐๐ญ๐ก๐จ๐, ๐ฏ๐๐ซ๐ญ๐ข๐๐๐ฅ, ๐๐ง๐ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง:
NDT and Inspection, Technique Outlook (Revenue - USD Billion, 2019 - 2032)
โข Acoustic Emission Testing (AET)
โข Eddy-Current Testing (ECT)
โข Liquid Penetrant Testing (LPT)
โข Magnetic Particle Testing (MPT)
โข Radiographic Testing (RT)
โข Ultrasonic Testing (UT)
โข Visual Testing (VT)
NDT and Inspection, Service Outlook (Revenue - USD Billion, 2019 - 2032)
โข Calibration Services
โข Equipment Rental Services
โข Inspection Services
โข Training Services
NDT and Inspection, Method Outlook (Revenue - USD Billion, 2019 - 2032)
โข Surface Inspection
โข Visual Inspection
โข Volumetric Inspection
โข Others
NDT and Inspection, Vertical Outlook (Revenue - USD Billion, 2019 - 2032)
โข Aerospace
โข Automotive
โข Manufacturing
โข Oil & Gas
โข Power Generation
โข Public Infrastructure
โข Others
NDT and Inspection, Application Outlook (Revenue - USD Billion, 2019 - 2032)
โข Chemical Composition Determination
โข Dimensional Measurement
โข Flaw Detection
โข Leak Detection
โข Physical Properties Estimation
โข Stress & Structure Analysis
โข Weld Verification
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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Operational Technology (OT) Security Market: https://www.polarismarketresearch.com/industry-analysis/operational-technology-ot-security-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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