Press release
Ultrasonic Test Equipment are Dominating the Non-Destructive Testing Equipment Market Volume $12,353.37 Million by 2017-2024
"Global Non-Destructive Testing Equipment Market – Industry Trends and Forecast to 2024"
Global Non-Destructive Testing Equipment Market By Technique (Ultrasonic Testing (UT), Visual Testing, Magnetic Particle Testing (MPT), Liquid Penetrant Testing (LPT), Eddy Current Testing (ECT), Radiographic Testing (RT), Acoustic Emission Testing (AET)); By Method (Visual Inspection, Surface Inspection, Volumetric Inspection) By Service (Inspection Services, Equipment Rental Services, Calibration Services, Training Services), By Vertical (Manufacturing, Oil & Gas, Aerospace & Defense, Public Infrastructure, Automotive, Power Generation), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2024
This report consists of below pages:
• No of pages: 350
• No of Figures: 60
• No of Tables: 220
Get Free Sample Report @ http://databridgemarketresearch.com/request-a-sample/?dbmr=global-non-destructive-testing-equipment-market
The major factors driving the growth of this market are remote visual inspection in aerospace increases demand, stringent safety guidelines and government protocols, automated NDT devices expected to see most demand and the power industry is boomed by continuous investment in nuclear plants. On the other hand, lack of skilled equipment operators and high cost of NDT equipment slowing down acceptance may hinder the growth of the market.
Report Segmentation:
The global non-destructive testing equipment market is segmented on the basis of equipment type, mode of testing, application, industry, and geography. The global non-destructive testing equipment market is segmented into ultrasonic test equipment, magnetic particle test equipment, visual inspection equipment, radiography test equipment, penetrant test equipment, eddy current testing equipment, acoustic emission testing equipment and others. In 2017, the ultrasonic test equipment segment is expected to dominate the market with a share of 32.0 % and is expected to continue this trend till 2024.
Based on equipment type, the global non-destructive testing equipment market is segmented into ultrasonic test equipment, magnetic particle test equipment, visual inspection equipment, radiography test equipment, penetrant test equipment, eddy current testing equipment, acoustic emission testing equipment and others.
On the basis of mode of testing, the global non-destructive testing equipment market is segmented into surface testing, volumetric testing, condition monitoring and integrity inspection.
On the basis of application, the global non-destructive testing equipment market is classified into flaw detection, leak detection dimensional measurement, physical analysis, chemical analysis, plasma emission testing, corrosion emission testing and others.
On the basis of industry, the global non-destructive testing equipment market is classified into automotive, oil and gas, energy and power, aerospace and defence and others.
To Enquire Regarding This Report @ http://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-non-destructive-testing-equipment-market
Key Drivers of Global Non-Destructive Testing Equipment Market:
Some of the major factors driving the market for non-destructive testing equipment market are remote visual inspection in aerospace increases demand, stringent safety guidelines and government protocols. These factors increase the demand for non-destructive testing equipment market. Automated NDT devices expected to see most demand and the power industry is boomed by continuous investment in nuclear plants are the other major factors driving the growth of the non-destructive testing equipment market.
o Lack of skilled equipment operators and high cost of NDT equipment slowing down acceptance are the factor which may hinder the growth of this market
o Many companies are increasingly focusing on variability in the prices of crude oil and natural gas in order to strengthen their product portfolios in the non-destructive testing equipment market.
o New power generation products and integration of robotic technology will drive the market in future.
Key Points of Global Non-Destructive Testing Equipment Market:
General Electric is going to dominate the non-destructive testing equipment market report following with Olympus Corporation and Fujifilm Holding Corporation along with others such as MISTRAS Group, Inc., PFINDERKG, Nikon Corporation, Ashtead Group plc., Sonatest, Bosello High Technology srl, Magnaflux, Socomore, Zetec, Inc. among others.
o Radiography test equipment market is growing with the highest CAGR
o Surface testing are driving the market with highest market share
o Ultrasonic test equipment are dominating the non-destructive testing equipment market
View Full Report Visit @ http://databridgemarketresearch.com/reports/global-non-destructive-testing-equipment-market/
Related Report
Global Quantum Computing Market– Industry Trends and Forecast to 2024
Global Quantum Computing Market, By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa), By Revenue Source (Hardware, Software, Services); By Application (Simulation, Optimization, Sampling) By End-Users (Defense, Healthcare & Pharmaceuticals, Chemicals, Banking & Finance, Energy & Power) – Industry Trends and Forecast to 2024
Report Access: http://databridgemarketresearch.com/reports/global-quantum-computing-market/
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Vishal Dixit
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sales@databridgemarketresearch.com
Investor: investors@databridgemarketresearch.com
Visit Blog: http://databridgemarketresearch.com/blog/
Follow us on LinkedIn: https://www.linkedin.com/company/data-bridge-market-research
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 Ultrasonic Test Equipment are Dominating the Non-Destructive Testing Equipment Market Volume $12,353.37 Million by 2017-2024 here
News-ID: 827751 • Views: …
More Releases from Data Bridge Market Research
Vitamin K Market IS growing at a CAGR of 6.8% during the forecast period of 2023 …
Vitamin K Market Analysis and Size
The essential factors contributing to the growth of the market in the forecast period of 2023 to 2020 include growing demand for vitamin supplements, changing dietary patterns, and rising health consciousness.
Data Bridge Market Research analyses that the global vitamin K market, which was USD 841.47 million in 2022, is expected to reach USD 1,410.20 million by 2030, growing at a CAGR of 6.8% during the…
Transformer Oil Market is expected to undergo a CAGR of 7.55% by 2029
Transformer Oil Market Analysis and Size
Transformers are almost everywhere, and every power and distribution transformer is filled with the dielectric insulating fluid, which consists high resistance to electricity and cools the transformer. The "bio based oil" is the highest growing type segment because it has better resistance to fire as compared to other oil over the forecast period. Furthermore, the growth of electric grids in developing economies and the upgradation…
Fatty Alcohols Market is expected to undergo a CAGR of 5.15% by 2029
Fatty Alcohols Market Analysis and Size
The rising demand of hygiene product coupled with growing consumer awareness is anticipated to drive the personal care industry and boost the growth of the fatty alcohols market. Fatty alcohols are used as emollients, emulsifiers and catalytic hydrogenation in cosmetics and beauty products. The "C11-C14 fatty alcohols" is the fastest growing product segment because it is used to produce sodium laureth ether sulphate (SLES), a major foaming agent…
Exclusive Insights on Gusseted Bags Market Latest Trends, Drivers, Strategies an …
An important Gusseted Bags Market research report is produced by taking into account every requirement that organizations need to meet in order to expand successfully. This market report forecasts the market size based on data on major retailer sales, industry growth by upstream and downstream factors, industry advancement, major players, market segments, and application. When creating the reliable Gusseted Bags Market study, the goals of the marketing research are taken into…
More Releases for Testing
Test Automation Market | latest automation testing tools, automation testing too …
Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled “Test Automation Market “
The “Test Automation Market” report provides analysis of the global test automation market for the period 2015–2025, wherein the years from 2017 to 2025 is the forecast period and 2016 is considered as the base year. The report precisely…
Sexually Transmitted Disease (STD) Diagnosis Market Report 2018: Segmentation by …
Global Sexually Transmitted Disease (STD) Diagnosis market research report provides company profile for Biocartis, Bio-Rad, Cepheid, Danaher, DiaSorin, Quidel, Abbott, Roche, Thermo Fisher Scientific, Aposcience, BCR Diagnostics, BD Medical and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year…
Molecular Diagnostics Market Application On Infectious Disease Testing, Cardiova …
Worldwide Market Reports recently released “Global Molecular Diagnostics Market Research Report 2017” that centers around the latest developing trends and technologies in the Molecular Diagnostics Market having Five Years of forecast period from 2017 to 2022 and considering Market status study from 2017 to 2022.
During the research, noteworthy data was collected in order to shape the research document and make it a valuable resource for managers, industry executives and other…
Test Automation Market Quadruples by 2023; with a ~ 15.34 % of Whooping CAGR | C …
New Market Research Reports Title "Test Automation Market 2018" Has Been Added to Crystal Market Research Report database.
Test Automation Market - Competitive Insights:
The leading players in the market are Cognizant Corporation, IBM, Hewlett-Packard, Capgemini, Tata Consultancy Services and Infosys. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Test…
Latest Trend On Testing as a Service (TaaS) Market Research Report, Status and P …
The various factors supporting the market’s trajectory and those posing threat are studied in the report in detail. Furthermore, the market study segments the Global TaaS Industry 2018 Market Sales Market based on application and industry chain structure. In these sections, it covers various factors influencing the market’s trajectory across the segments. Furthermore, it identifies the most profitable of them all to help investors take the well-versed decision. The…
Food Safety Testing Market Fostering Industry On Safety Test, Pathogen Testing , …
Global food safety testing market is expected to reach USD 22,327.02 million by 2025 from USD 12,760.00 million in 2017, at a CAGR of 7.5% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Get Sample of This Report: http://databridgemarketresearch.com/request-a-sample/?dbmr=global-food-safety-testing-market
Global Industry Segmentation:
The major factors contributing to the growth…
