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Industrial Metaverse Potential in the Global NDT Industry

Publisher Frost & Sullivan
Published Jun 24, 2024
SKU # MC18945068

Description

Industrial Metaverse Potential in the Global NDT Industry


Integrating AI and Digital Twins will Transform NDT Inspections Services and Augment Future Growth Potential

The study explores the potential opportunities of the industrial metaverse in the global non-destructive testing (NDT) industry. The NDT industry, which is known for its conservative approach to technology adoption, is increasingly adopting individual technologies such as digital twins, artificial intelligence, AR/VR, and robotics across different applications. These technology enablers will pave the way for mainstream industrial metaverse adoption. These technologies enable NDT industry stakeholders to offer remote inspections, predictive maintenance, quality assurance, asset life cycle management, and workforce training. The study outlines factors driving and restraining the adoption of industrial metaverse in the NDT industry and their impact throughout the forecast period. The industrial metaverse will influence the testing services market across different manufacturing and process industries, and potential outcomes include improved product quality, reduced downtime, and upskilled employees through training (which will also help in the larger context of sustainability). The geographical scope covers the Americas, Europe, Asia-Pacific, and the Rest of the World (RoW).

Table of Contents

Strategic Imperatives
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Industrial Metaverse for Non-destructive Testing Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Growth Opportunity Analysis
Industrial Metaverse
Evolution of Industrial Metaverse
Growth Drivers
Growth Restraints
Issues Industrial Metaverse Will Address
Technology Enablers and Key Companies’ Digital Initiatives
Growth Opportunity Universe
Growth Opportunity 1—Predictive Maintenance
Growth Opportunity 2—Training and Simulation
Growth Opportunity 3—Quality Assurance
Growth Opportunity 4—Remote Inspections
List of Exhibits
Legal Disclaimer
How Do Licenses Work?
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