The global Non-Destructive Testing (NDT) Equipment market is projected to reach $7.15 billion by 2028, expanding at a compound annual growth rate (CAGR) of 9.29% from 2021 to 2028. This growth is driven by various macro and microeconomic factors, including stringent government regulations aimed at ensuring public safety and maintaining high standards of product quality.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Testing Method (Ultrasonic Testing, Radiography Testing, Visual Inspection Testing, Magnetic Particle Testing & Electromagnetic Testing, Eddy-Current Testing, Others)
By Technique (Volumetric Examination, Surface Examination, Others)
Key players
Olympus Corporation
Intertek Group PLC
SGS SA
Ashtead Technology Inc.
General Electric
Sonatest Ltd
Zetec, Inc.
Nikon Metrology NV
Mistras Group Inc.
LynX Inspection
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