Market Overview:
The global non-destructive material testing instrument market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for non-destructive testing (NDT) services from various end-use industries, such as aerospace & defense, automotive, oil & gas, infrastructure and power generation. In addition, the growing awareness about safety and quality among consumers is also propelling the growth of this market. Based on type, the global non-destructive material testing instrument market can be segmented into X-ray inspection systems, ultrasonic flaw detection systems, magnetic particle inspection systems (MPI), penetrant flaw detection systems (PFD), eddy current test systems (ECT) and other NDT methods. Among these segments, X-ray inspection systems held a major share of the global NDT equipment market in 2017 and are expected to continue its dominance during the forecast period as well. This can be attributed to their ability detect even very small flaws in materials that are not visible to naked eye.
Product Definition:
Non-destructive material testing instruments are used to test the properties of materials without causing any damage to them. This is important because it allows us to assess the condition of a material without damaging it, which can be useful for both research and manufacturing purposes. Non-destructive material testing can be used to determine things like the strength or durability of a material, as well as its suitability for certain applications.
X-Ray:
X-ray is a kind of electromagnetic ionizing radiation which is applied in material testing. It’s an effective tool for analyzing the internal structure of materials including steel, concrete, wood, and other products.
Ultrasonic:
Ultrasonic Testing (UT) is a non-destructive material testing method that uses high frequency sound waves to measure the thickness of materials. Ultrasonic testing instruments are used for several applications in the metal detection and non-metal detection industries. UT equipment can be used on almost all types of materials such as metals, ceramics, polymers, wood & composites and concrete among others. The ultrasonic test methods are widely accepted across various countries such as U.S.
Application Insights:
The application segment includes aerospace & defense, automotive, oil & gas, infrastructure, power generation and others. The aerospace & defense segment dominated the market in 2017 owing to increasing demand for non-destructive testing instrumentation from the military and defense industry across the globe. The growth of this industry is driven by technological advancements coupled with expansion of global trade activities resulting in increased travel distances which require aircraft maintenance at regular intervals.
Non-destructive testing offers various advantages including detection of flaws or defects in components before they are installed or used on a large scale thus avoiding potential failures during manufacturing as well as assembling processes. It also helps maintain equipment performance over its entire life cycle thus reducing down time and associated costs incurred due to unplanned downtime caused by component failure or inspection finds later on during operations/use.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for non-destructive testing (NDT) instruments in countries such as China, India, and Japan. In addition, rising investments by various governments in infrastructure development are also anticipated to drive the market growth over the coming years.
The Asia Pacific region accounted for a revenue share of more than 30% in 2017 owing to growing industrialization and rapid urbanization across emerging economies such as China and India. Moreover, increasing foreign direct investments coupled with government support are also expected to boost industry expansion rates during the forecast period which will further propel product demand from end users including aerospace & defense; automotive; oil & gas; power generation among others.
Europe was estimated at USD X million in 2017 owing both volumes.
Growth Factors:
- Increasing demand for non-destructive testing from the automotive and aerospace industries
- Growing awareness about the benefits of non-destructive testing among end users
- Technological advancements in non-destructive testing instruments
- Rising demand for quality control and inspection services in manufacturing sector
- Growing number of research and development activities in the field of nondestructive testing
Scope Of The Report
Report Attributes
Report Details
Report Title
Non-Destructive Material Testing Instrument Market Research Report
By Type
X-Ray, Ultrasonic, Magnetic Particle, Penetrant Flaw Detection, Eddy Current Test, Others
By Application
Aerospace & Defense, Automotive, Oil & Gas, Infrastructure, Power Generation, Others
By Companies
General Electric, Olympus, Mistras Group, Nikon, Magnaflux, YXLON, Fujifilm, Karl Deutsch, Sonatest, Proceq, Zetec, Bosello High Technology, Union, SIUI, Zhongke Innovation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Non-Destructive Material Testing Instrument Market Report Segments:
The global Non-Destructive Material Testing Instrument market is segmented on the basis of:
Types
X-Ray, Ultrasonic, Magnetic Particle, Penetrant Flaw Detection, Eddy Current Test, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace & Defense, Automotive, Oil & Gas, Infrastructure, Power Generation, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- General Electric
- Olympus
- Mistras Group
- Nikon
- Magnaflux
- YXLON
- Fujifilm
- Karl Deutsch
- Sonatest
- Proceq
- Zetec
- Bosello High Technology
- Union
- SIUI
- Zhongke Innovation
Highlights of The Non-Destructive Material Testing Instrument Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- X-Ray
- Ultrasonic
- Magnetic Particle
- Penetrant Flaw Detection
- Eddy Current Test
- Others
- By Application:
- Aerospace & Defense
- Automotive
- Oil & Gas
- Infrastructure
- Power Generation
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Non-Destructive Material Testing Instrument Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Non-destructive material testing instrument is a device that is used to determine the properties of materials without causing any damage.
Some of the major players in the non-destructive material testing instrument market are General Electric, Olympus, Mistras Group, Nikon, Magnaflux, YXLON, Fujifilm, Karl Deutsch, Sonatest, Proceq, Zetec, Bosello High Technology, Union, SIUI, Zhongke Innovation.
The non-destructive material testing instrument market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Non-Destructive Material Testing Instrument Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Non-Destructive Material Testing Instrument Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Non-Destructive Material Testing Instrument Market - Supply Chain
4.5. Global Non-Destructive Material Testing Instrument Market Forecast
4.5.1. Non-Destructive Material Testing Instrument Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Non-Destructive Material Testing Instrument Market Size (000 Units) and Y-o-Y Growth
4.5.3. Non-Destructive Material Testing Instrument Market Absolute $ Opportunity
5. Global Non-Destructive Material Testing Instrument Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Non-Destructive Material Testing Instrument Market Size and Volume Forecast by Type
5.3.1. X-Ray
5.3.2. Ultrasonic
5.3.3. Magnetic Particle
5.3.4. Penetrant Flaw Detection
5.3.5. Eddy Current Test
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Non-Destructive Material Testing Instrument Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Non-Destructive Material Testing Instrument Market Size and Volume Forecast by Application
6.3.1. Aerospace & Defense
6.3.2. Automotive
6.3.3. Oil & Gas
6.3.4. Infrastructure
6.3.5. Power Generation
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Non-Destructive Material Testing Instrument Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Non-Destructive Material Testing Instrument Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Non-Destructive Material Testing Instrument Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Non-Destructive Material Testing Instrument Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Non-Destructive Material Testing Instrument Demand Share Forecast, 2019-2029
9. North America Non-Destructive Material Testing Instrument Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Non-Destructive Material Testing Instrument Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Non-Destructive Material Testing Instrument Market Size and Volume Forecast by Application
9.4.1. Aerospace & Defense
9.4.2. Automotive
9.4.3. Oil & Gas
9.4.4. Infrastructure
9.4.5. Power Generation
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Non-Destructive Material Testing Instrument Market Size and Volume Forecast by Type
9.7.1. X-Ray
9.7.2. Ultrasonic
9.7.3. Magnetic Particle
9.7.4. Penetrant Flaw Detection
9.7.5. Eddy Current Test
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Non-Destructive Material Testing Instrument Demand Share Forecast, 2019-2029
10. Latin America Non-Destructive Material Testing Instrument Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Non-Destructive Material Testing Instrument Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Non-Destructive Material Testing Instrument Market Size and Volume Forecast by Application
10.4.1. Aerospace & Defense
10.4.2. Automotive
10.4.3. Oil & Gas
10.4.4. Infrastructure
10.4.5. Power Generation
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Non-Destructive Material Testing Instrument Market Size and Volume Forecast by Type
10.7.1. X-Ray
10.7.2. Ultrasonic
10.7.3. Magnetic Particle
10.7.4. Penetrant Flaw Detection
10.7.5. Eddy Current Test
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Non-Destructive Material Testing Instrument Demand Share Forecast, 2019-2029
11. Europe Non-Destructive Material Testing Instrument Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Non-Destructive Material Testing Instrument Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Non-Destructive Material Testing Instrument Market Size and Volume Forecast by Application
11.4.1. Aerospace & Defense
11.4.2. Automotive
11.4.3. Oil & Gas
11.4.4. Infrastructure
11.4.5. Power Generation
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Non-Destructive Material Testing Instrument Market Size and Volume Forecast by Type
11.7.1. X-Ray
11.7.2. Ultrasonic
11.7.3. Magnetic Particle
11.7.4. Penetrant Flaw Detection
11.7.5. Eddy Current Test
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Non-Destructive Material Testing Instrument Demand Share, 2019-2029
12. Asia Pacific Non-Destructive Material Testing Instrument Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Non-Destructive Material Testing Instrument Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Non-Destructive Material Testing Instrument Market Size and Volume Forecast by Application
12.4.1. Aerospace & Defense
12.4.2. Automotive
12.4.3. Oil & Gas
12.4.4. Infrastructure
12.4.5. Power Generation
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Non-Destructive Material Testing Instrument Market Size and Volume Forecast by Type
12.7.1. X-Ray
12.7.2. Ultrasonic
12.7.3. Magnetic Particle
12.7.4. Penetrant Flaw Detection
12.7.5. Eddy Current Test
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Non-Destructive Material Testing Instrument Demand Share, 2019-2029
13. Middle East & Africa Non-Destructive Material Testing Instrument Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Non-Destructive Material Testing Instrument Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Non-Destructive Material Testing Instrument Market Size and Volume Forecast by Application
13.4.1. Aerospace & Defense
13.4.2. Automotive
13.4.3. Oil & Gas
13.4.4. Infrastructure
13.4.5. Power Generation
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Non-Destructive Material Testing Instrument Market Size and Volume Forecast by Type
13.7.1. X-Ray
13.7.2. Ultrasonic
13.7.3. Magnetic Particle
13.7.4. Penetrant Flaw Detection
13.7.5. Eddy Current Test
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Non-Destructive Material Testing Instrument Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Non-Destructive Material Testing Instrument Market: Market Share Analysis
14.2. Non-Destructive Material Testing Instrument Distributors and Customers
14.3. Non-Destructive Material Testing Instrument Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. General Electric
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Olympus
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mistras Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nikon
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Magnaflux
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. YXLON
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fujifilm
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Karl Deutsch
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sonatest
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Proceq
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Zetec
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Bosello High Technology
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Union
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SIUI
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Zhongke Innovation
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
