Nondestructive Testing Services
From manufacturing plants and construction sites to nuclear power plants, oil refineries and shipyards, nondestructive testing (NDT) is used for numerous applications across a wide range of industries. NDT services are used to detect flaws, cracks, variations and minute changes in structures and surface finish without damaging the products being tested. Rapidly changing technology and the increasing complexity of products and processes that need testing have boosted demand for industry services. Key markets for NDT services include oil drilling and mining facilities, which require onshore testing of facilities and equipment; power generation and transmission facilities; and aerospace and defense equipment. Over the past five years, these markets have precipitated strong demand for NDT services to ensure that structures and equipment were in safe working order. The industry's expansion will continue over the five years to 2023. Continuing technological innovation will make NDT services more cost effective and efficient for end users, boosting demand for industry services.
This industry includes companies that primarily perform nondestructive tests and inspections on industrial assets. It excludes medical tests and nondestructive testing equipment manufacturing.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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