Global Nondestructive Testing Equipment Market Is Projected to Grow at a Substantial Rate by 2026

This report presents the worldwide Nondestructive Testing Equipment market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

Nondestructive testing (NDT) is the application of measurement techniques to identify defect and discontinuity in material, component, or structure.

The market growth is supplemented by the increase in stringent safety government regulations across different geographical regions owing to rise in incidence of infrastructure failures and need for extending the life of obsolete infrastructure and maintenance optimization by various industries for efficient operations and quality/safety assurance.
North America dominated the global non-destructive testing equipment market, accounting for 35.77% of the overall market. Huge investments in energy verticals such as oil and gas are majorly driving the market growth in North America.

The automotive industry is likely to contribute a large share to market revenues in Europe. Asia Pacific is expected to be the fastest growing region through the forecast period.
The Nondestructive Testing Equipment market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Nondestructive Testing Equipment.

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The following manufacturers are covered in this report:
General Electric
Olympus
Fujifilm
Eddyfi
Pfinder
Nikon
Ashtead
Sonatest
Bosello High Technology
Magnaflux
Socomore and Zetec
Yxlon
Mistras

Nondestructive Testing Equipment Breakdown Data by Type
By Testing Method
Ultrasonic Testing
Radiography Testing
Visual Inspection Testing
Magnetic Particle Testing & Electromagnetic Testing
Eddy-Current Testing
Liquid Penetrant Testing
Others (Thermography Testing, Acoustic Emission, Terahertz Imaging, and Infrared Testing)
By Technique
Volumetric Examination
Surface Examination
Others (Integrity Examination, and Condition Monitoring)

Nondestructive Testing Equipment Breakdown Data by Application
Oil & Gas
Energy & power
Aerospace & Defense
Automotive & transportation
Infrastructure
Others

Nondestructive Testing Equipment Production by Region
United States
Europe
China
Japan
Other Regions
Other Regions

Nondestructive Testing Equipment Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

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The study objectives are:
To analyze and research the global Nondestructive Testing Equipment status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Nondestructive Testing Equipment manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Nondestructive Testing Equipment :
History Year: 2013 – 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 – 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Nondestructive Testing Equipment market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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