The global nondestructive testing market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for NDT in various industries such as aerospace, defense, automotive, oil & gas and infrastructure. The increasing demand for NDT in these industries is due to the need for quality assurance and safety measures in order to ensure that products are safe and reliable. The global nondestructive testing market by type includes visual inspection, magnetic particle inspection, electromagnetic inspection, liquid penetrant inspection, radiography and ultrasonic inspections. Among these types of inspections visual inspection accounted for the largest share of this market in 2017 owing to its low cost and easy availability. Magnetic particle inspection accounted for the second-largest share owing to its high accuracy level when compared with other types of inspections such as liquid penetrant or radiography which are time-consuming processes with a higher cost involved. -Nondestructive testing is a process that can be used to detect flaws in materials without damaging them. -The global NDT market size was valued at USD 3.5 billion in 2016 and is expected to grow at a CAGR of 5.2% from 2017 to 2025. -The growth of the global NDT market can be attributed to the increasing demand for quality assurance and safety measures across various industries such as aerospace & defense, automotive, construction & engineering, oil & gas and others. -Increasing investments by governments in infrastructure development projects are also driving the growth of this market. -Growing awareness about the benefits offered by NDT techniques among end users is also expected to fuel its demand over the forecast period. -Moreover, stringent government regulations pertaining to product quality are anticipated to drive this market over the next few years.
Industry Growth Insights published a new data on “Nondestructive Testing Market”. The research report is titled “Nondestructive Testing Market research by Types (Visual, Magnetic Particle, Electromagnetic, Liquid Penetrant, Radiography, Ultrasonic), By Applications (Aerospace, Defense, Automotive, Oil & Gas, Infrastructure, Power Generation), By Players/Companies MISTRAS GROUP, OLYMPUS CORPORATION, INTERTEK GROUP, SGS S.A., GE MEASUREMENT & CONTROL SOLUTIONS, X-R-I TESTING, APPLUS RTD, ARCADIA AEROSPACE INDUSTRIES, EXOVA HOLDINGS LIMITED, ACUREN”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Nondestructive Testing Market Research Report
By Type
Visual, Magnetic Particle, Electromagnetic, Liquid Penetrant, Radiography, Ultrasonic
By Application
Aerospace, Defense, Automotive, Oil & Gas, Infrastructure, Power Generation
By Companies
MISTRAS GROUP, OLYMPUS CORPORATION, INTERTEK GROUP, SGS S.A., GE MEASUREMENT & CONTROL SOLUTIONS, X-R-I TESTING, APPLUS RTD, ARCADIA AEROSPACE INDUSTRIES, EXOVA HOLDINGS LIMITED, ACUREN
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Nondestructive Testing Market Report Segments:
The global Nondestructive Testing market is segmented on the basis of:
Types
Visual, Magnetic Particle, Electromagnetic, Liquid Penetrant, Radiography, Ultrasonic
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
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:
- MISTRAS GROUP
- OLYMPUS CORPORATION
- INTERTEK GROUP
- SGS S.A.
- GE MEASUREMENT & CONTROL SOLUTIONS
- X-R-I TESTING
- APPLUS RTD
- ARCADIA AEROSPACE INDUSTRIES
- EXOVA HOLDINGS LIMITED
- ACUREN
Highlights of The Nondestructive Testing 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:
- Visual
- Magnetic Particle
- Electromagnetic
- Liquid Penetrant
- Radiography
- Ultrasonic
- By Application:
- Aerospace
- Defense
- Automotive
- Oil & Gas
- Infrastructure
- Power Generation
- 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 Nondestructive Testing 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?
Nondestructive testing is a type of inspection that does not damage the object being inspected.
Some of the major companies in the nondestructive testing market are MISTRAS GROUP, OLYMPUS CORPORATION, INTERTEK GROUP, SGS S.A., GE MEASUREMENT & CONTROL SOLUTIONS, X-R-I TESTING, APPLUS RTD, ARCADIA AEROSPACE INDUSTRIES, EXOVA HOLDINGS LIMITED, ACUREN.
The nondestructive testing market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Nondestructive Testing 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. Nondestructive Testing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Nondestructive Testing Market - Supply Chain
4.5. Global Nondestructive Testing Market Forecast
4.5.1. Nondestructive Testing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Nondestructive Testing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Nondestructive Testing Market Absolute $ Opportunity
5. Global Nondestructive Testing 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. Nondestructive Testing Market Size and Volume Forecast by Type
5.3.1. Visual
5.3.2. Magnetic Particle
5.3.3. Electromagnetic
5.3.4. Liquid Penetrant
5.3.5. Radiography
5.3.6. Ultrasonic
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Nondestructive Testing 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. Nondestructive Testing Market Size and Volume Forecast by Application
6.3.1. Aerospace
6.3.2. Defense
6.3.3. Automotive
6.3.4. Oil & Gas
6.3.5. Infrastructure
6.3.6. Power Generation
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Nondestructive Testing 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. Nondestructive Testing 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 Nondestructive Testing 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. Nondestructive Testing 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 Nondestructive Testing Demand Share Forecast, 2019-2029
9. North America Nondestructive Testing 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 Nondestructive Testing 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 Nondestructive Testing Market Size and Volume Forecast by Application
9.4.1. Aerospace
9.4.2. Defense
9.4.3. Automotive
9.4.4. Oil & Gas
9.4.5. Infrastructure
9.4.6. Power Generation
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Nondestructive Testing Market Size and Volume Forecast by Type
9.7.1. Visual
9.7.2. Magnetic Particle
9.7.3. Electromagnetic
9.7.4. Liquid Penetrant
9.7.5. Radiography
9.7.6. Ultrasonic
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 Nondestructive Testing Demand Share Forecast, 2019-2029
10. Latin America Nondestructive Testing 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 Nondestructive Testing 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 Nondestructive Testing Market Size and Volume Forecast by Application
10.4.1. Aerospace
10.4.2. Defense
10.4.3. Automotive
10.4.4. Oil & Gas
10.4.5. Infrastructure
10.4.6. Power Generation
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Nondestructive Testing Market Size and Volume Forecast by Type
10.7.1. Visual
10.7.2. Magnetic Particle
10.7.3. Electromagnetic
10.7.4. Liquid Penetrant
10.7.5. Radiography
10.7.6. Ultrasonic
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 Nondestructive Testing Demand Share Forecast, 2019-2029
11. Europe Nondestructive Testing 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 Nondestructive Testing 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 Nondestructive Testing Market Size and Volume Forecast by Application
11.4.1. Aerospace
11.4.2. Defense
11.4.3. Automotive
11.4.4. Oil & Gas
11.4.5. Infrastructure
11.4.6. Power Generation
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Nondestructive Testing Market Size and Volume Forecast by Type
11.7.1. Visual
11.7.2. Magnetic Particle
11.7.3. Electromagnetic
11.7.4. Liqid Penetrant
11.7.5. Radiography
11.7.6. Ultrasonic
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 Nondestructive Testing Demand Share, 2019-2029
12. Asia Pacific Nondestructive Testing 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 Nondestructive Testing 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 Nondestructive Testing Market Size and Volume Forecast by Application
12.4.1. Aerospace
12.4.2. Defense
12.4.3. Automotive
12.4.4. Oil & Gas
12.4.5. Infrastructure
12.4.6. Power Generation
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Nondestructive Testing Market Size and Volume Forecast by Type
12.7.1. Visual
12.7.2. Magnetic Particle
12.7.3. Electromagnetic
12.7.4. Liquid Penetrant
12.7.5. Radiography
12.7.6. Ultrasonic
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 Nondestructive Testing Demand Share, 2019-2029
13. Middle East & Africa Nondestructive Testing 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 Nondestructive Testing 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 Nondestructive Testing Market Size and Volume Forecast by Application
13.4.1. Aerospace
13.4.2. Defense
13.4.3. Automotive
13.4.4. Oil & Gas
13.4.5. Infrastructure
13.4.6. Power Generation
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Nondestructive Testing Market Size and Volume Forecast by Type
13.7.1. Visual
13.7.2. Magnetic Particle
13.7.3. Electromagnetic
13.7.4. Liquid Penetrant
13.7.5. Radiography
13.7.6. Ultrasonic
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 Nondestructive Testing Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Nondestructive Testing Market: Market Share Analysis
14.2. Nondestructive Testing Distributors and Customers
14.3. Nondestructive Testing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. MISTRAS GROUP
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 CORPORATION
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. INTERTEK 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. SGS S.A.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GE MEASUREMENT & CONTROL SOLUTIONS
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. X-R-I TESTING
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. APPLUS RTD
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ARCADIA AEROSPACE INDUSTRIES
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. EXOVA HOLDINGS LIMITED
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ACUREN
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
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
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook