Non Destructive Testing (NDT) Market to Reach US$ 22.0 Billion Globally by 2022

Florida, May 08: Market Research Engine has published a new report titled as “Non Destructive Testing (NDT) Market by Method, End-User, Technique, Application & Region – Global Industry Analysis by Size, Share, Trends, Growth and Forecast 2015 – 2022”

The Global Non Destructive testing market is projected to reach USD 22.20 Billion by 2022, at a CAGR of 7.80% from 2015 to 2022.

Browse Full Report here: https://www.marketresearchengine.com/upcommingreport/non-destructive-testing-ndt-market-by-method-end-user-technique-application-and-region-global-industry-analysis-by-size-share-trends-growth-and-forecast-2015

Non Destructive Testing (NDT) is viewed as an essential need in commercial ventures, for example, in aviation industry, oil and gas industry, petroleum industry, and in construction sector. Developments in the NDT equipment market have expanded economically after the presentation of cutting edge X-ray equipment, for example, micro focus X-ray apparatuses, integrated X-ray tubes, glass X-ray tubes with window, radiation protected X-ray tools, etc.

Over the past few years, demand for Non Destructive Testing (NDT) services has expanded rapidly. As the US economy has recovered from the depths of the recession and as a result of it corporate profit margins have expanded and fueled capital expenditure. NDT sector will get future boost from the growing technological innovation and as a result NDT services will become more cost effective and efficient for end users.

Additionally, the forecast period offers huge potential growth for technologies such as computed tomography, phased array ultrasonic testing, and data management tools as these techniques are more efficient in terms of deriving accurate results.

This report provides qualitative and quantitative information about the global NDT market. It identifies the market application gaps, emerging technologies, the need for new product launches, and high potential geographic regions and countries. It also provides a segmentation of the market, tracking the market size, market share, revenue projections, and financial portfolio, covering a broad spectrum of the different methods, end-user, applications, and techniques of NDT industry.

Who should buy this report?

Aerospace & Defense Industry
Automotive Industry
Oil & Gas Industry
Power Plants
NDT Equipment Manufacturers
Original Equipment Manufacturers (OEMs)
Software Solution Providers
Component Suppliers
Turbine Manufacturers
Ship Hull Manufacturers etc.

Scope of the Report

This research report categorizes the NDT market into the following segments and sub-segments:

Global NDT Market, By Method
• Ultrasonic testing
• Radiography testing
• Liquid Penetrant testing
• Magnetic particle testing
• Eddy-current testing
• Visual inspection

Global NDT Market, By End-User

• Oil & gas industry
• Aerospace & Defense industry
• Automotive industry
• Infrastructure Industry
• Power generation industry

Global NDT Market, By Technique

• Surface Examination technique
• Volumetric Examination Technique
• Condition Monitoring technique
• Integrity Examination technique
• Other non-destructive techniques

Global NDT Market, By Application

• Flaw detection
• Leak detection
• Dimensional measurement
• Estimation of physical properties
• Chemical Composition Determination
• Stress & Structure Analysis

Global NDT Market, By Geography

• G7 Nations
o U.S.
o Canada
o Japan
o Italy
o France
o Germany
o U.K.

• BRICS
o Brazil
o Russia
o India
o China
o South Africa
o U.K.

• Rest of the World
o South Korea
o Saudi Arabia
o Others

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