Market Research Logo

Europe Non-destructive Equipment Market Forecast 2017-2025

Europe Non-destructive Equipment Market Forecast 2017-2025


The Europe nondestructive testing equipment market is expected to grow from $ 426.87 million in 2016 to $ 676.50 million by 2025, with a CAGR of 5.25% between 2017 and 2025. The base year considered for the study is 2016 and the forecast period is between 2017 and 2025. The key drivers for the growth in the Asia-pacific region are aging assets and increased focus towards safety regulations and quality control and increased demand from APAC.


The non-destructive equipment market is segmented by product on the basis of ultrasonic, radiography, visual and others. It is also segmented by end-user on the basis of oil &gas, power generation, aerospace and defense and automotive and transportation. Lack of skilled labor and high infrastructure cost are restricting the growth of the market. The increase in demand for advanced technology and rising infrastructure in emerging economies are the new trends that are opening up doors in the nondestructive testing equipment market. Lack of awareness among consumers and rise in competition from new market players are some of the challenges faced by the market.


The top players in the global nondestructive testing equipment market are Mistras Group Inc. (USA), Nikon Corporations (Japan), GE Measurement & Control Solutions (USA), YXLON (Germany), Olympus Corporation (Japan), Magnaflux Corporation (USA), Zetec Inc. (USA), Sonatest Ltd. (UK).

1. Research Scope
1.1. Study Goals
1.2. Who Will Find This Repor Useful?
1.3. Study And Forecasting Years
2. Research Methodology
2.1. Sources Of Data
2.1.1. Secondary Data
2.1.2. Primary Data
2.2. Top Down Approach
2.3. Bottom-up Approach
2.4. Data Triangulation
3. Executive Summary
4. Market Determinants
4.1. Market Drivers
4.1.1. Aging Assets And Infrastructure Need An Uplift
4.1.2. Increasing Focus Towards Safety Regulations And Quality Control
4.1.3. Increasing Demand From Apac
4.2. Market Restraints
4.2.1. Lack Of Skilled Labor
4.2.2. High Infrastructure Cost
4.3. Market Opportunities
4.3.1. Increasing Demand For Advanced Technology
4.3.2. Rising Infrastructure In Emerging Economies
4.3.3. Power Generation – A Key Market On The Rise
4.4. Market Challenges
4.4.1. Lack Of Awareness Among Consumers
4.4.2. Increased Competition From New Market Players
5. Market Segmentation
5.1. By Product
5.1.1. Ultrasonic
5.1.2. Radiography
5.1.3. Visual
5.1.4. Others
5.2. By End-user
5.2.1. Oil & Gas
5.2.2. Power Generation
5.2.3. Aerospace And Defense
5.2.4. Automotive And Transportation
5.2.5. Others
6. Key Analytics
6.1. Porter’s Analysis
6.2. Opportunity Matrix
6.3. Vendor Landscape
7. Geographical Analysis
7.1. Asia Pacific
7.1.1. Uk
7.1.2. Germany
7.1.3. France
8. Competitive Analysis
8.1. Market Share
8.2. Company Profiles
8.2.1. Eddyfi
8.2.2. Ge Measurement & Control
8.2.3. Karl Storz Gmbh & Co.Kg
8.2.4. Magnaflux
8.2.5. Mistras
8.2.6. Nikon Metrology
8.2.7. Olympus Scientific Solutions Americas Inc.
8.2.8. Sonatest Ltd
8.2.9. Yxlon
8.2.10. Zetec Inc.
8.2.11. Others
List Of Tables
Table 1 Europe Ndt Equipment Market By Product Type 2017-2025 ($ Million)
Table 2 Europe Ndt Equipment Market By End-user 2017-2025 ($ Million)
Table 3 Top Automobile Producing Countries
Table 4 Europe Ndt Equipment Market By Country 2017-2025 ($ Million)
Table 5 Top Companies In Ndt Market
List Of Figures
Figure 1 Europe Ultrasonic Equipment Market 2017-2025 ($ Million)
Figure 2 Europe Radiography Equipment Market 2017-2025 ($ Million)
Figure 3 Europe Visual Equipment Market 2017-2025 ($ Million)
Figure 4 Europe Other Equipment Market 2017-2025 ($ Million)
Figure 5 Europe Ndt Equipment Market Share By End-user 2016
Figure 6 Europe Oil & Gas Market 2017-2025 ($ Million)
Figure 7 Europe Power Generation Market 2017-2025 ($ Million)
Figure 8 Top 10 Nuclear Generating Countries 2015, Billion Kwh
Figure 9 Europe Aerospace And Defense Market 2017-2025 ($ Million)
Figure 10 Europe Automotive And Transportation Market 2017-2025 ($ Million)
Figure 11 Europe Other End Users Market 2017-2025 ($ Million)
Figure 12 Uk Ndt Equipment Market 2017-2025 ($ Million)
Figure 13 Germany Ndt Equipment Market 2017-2025 ($ Million)
Figure 14 France Ndt Equipment Market 2017-2025 ($ Million)

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report