Press release
Non-Destructive Testing Market size is expected to reach $ 26.31 Bn by 2030, as per Maximize Market research
Non-Destructive Testing Market, Non-Destructive Testing Market Size, Non-Destructive Testing Market Share,
Non-Destructive Testing Market Overview
Drivers and passengers.
Raising Demand for Quality Assurance from Various End-User Industries Prompts the Demand for NDT Equipment. Increasing need for quality control from different customer sectors is expected to boost the growth of the Non-Destructive Testing (NDT) market. Quality assurance is deemed very significant in sectors like aerospace, automotive, manufacturing, oil and gas, and power generation. Advances in technology, such as Computed Tomography (CT), phased array ultrasonic, and remote visual inspection, have improved accuracy, efficiency, and the ability to detect hidden defects.
Nevertheless, the market growth is anticipated to be hindered by a shortage of skilled workforce and the high costs of equipment.
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North America dominates the global market
With a market share of34% the North American Non-Destructive Testing Market is leading the world. Available trained workforce, widespread application, and large training institutes in the region are helping the growth. The power generation from shale oil in the United States and Canada is expected to boost the region's growth pace.
Asia Pacific is expected to grow at a CAGR of 8% by 2030. Manufacturing, building, and power generation activities have all increased in the region, contributing to this growth.
Recent News
3/10/2024 IGS's Innovative Non-destructive Battery Diagnosis System Enabling All-cell Inspection to Be Exhibited at "Battery Show India 2024"
21/4/2024 Non-destructive testing and welding laboratory established at MLRIT
26/9/2024 ASNT and AWS to enhance NDT and welding training programmes in India
31/5/2024 Vieworks Showcases Innovative X-ray Imaging Solutions at WCNDT (World Conference on Non-Destructive Testing) 2024
1/3/2024 Industrial Ultrasonic Testing Equipment (UT)
12/6/2024 How flexible digital X-ray film improves NDT aerospace inspection
9/8/2018 Element acquires non-destructive testing lab Orbit
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Non-Destructive Testing Market Segmentation
by Offering
Services
Equipment
by Test Method
Visual Testing
Magnetic Particle Testing
Liquid Penetrant Testing
Eddy Current Testing
Ultrasonic Testing
Radiographic Testing
by Verticals
Oil & Gas
Manufacturing
Aerospace and Defense
Construction
Automotive
Power Generation
Others
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Non-Destructive Testing Market Key Players
Mistras Group Inc.
Olympus Corporation
GE Measurement & Control Solutions
Nikon Corporations
Ashtead Technology
Magnaflux Corporation
Zetec Inc.
Sonatest Ltd.
Sonotron NDT
Bosello High Technology SRL
Fischer Technology, Inc.
Eddyfi
JSR Ultrasonics
Source Production & Equipment Co., Inc.
Airstar Inc.
AMDATA Products (WesDyne)
Applus RTD
AT-Automation Technolo.
BALTEAU NDT
Canadian Institute for NDE
Controle Mesure Systemes
Cygnus Instruments Ltd.
Key questions answered in the Non-Destructive Testing Market are:
Which region has the largest share in Non-Destructive Testing Market?
What is the growth rate of Non-Destructive Testing Market?
What segments are covered in Non-Destructive Testing market?
Who are the key players in Non-Destructive Testing market?
𝐅𝐨𝐫 𝐚 𝐝𝐞𝐞𝐩𝐞𝐫 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤: https://www.maximizemarketresearch.com/market-report/global-non-destructive-testing-market/10939/
Key Offerings:
Past Non-Destructive Testing Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Non-Destructive Testing Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
§ Competitive landscape - Market Leaders, Non-Destructive Testing Market Followers, Regional player
§ Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
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Maximize Market Research is a global market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more.
Their services cover market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence.
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