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North America Non-destructive Equipment Market Forecast 2017-2025

North America Non-destructive Equipment Market Forecast 2017-2025

KEY FINDINGS

The North America nondestructive testing equipment market is anticipated to grow from $ 700.23 million in 2016 to $ 1093.36 million by 2025, with a CAGR of 5.06% 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 North America region are aging assets and increased focus towards safety regulations and quality control and increased demand from North America.

MARKET INSIGHTS

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.

COMPETITIVE INSIGHTS

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. Us
7.1.2. Canada
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 North America Ndt Equipment Market By Product Type 2017-2025 ($ Million)
Table 2 North America Ndt Equipment Market By End-user 2017-2025 ($ Million)
Table 3 Top Automobile Producing Countries
Table 4 North America Ndt Equipment Market By Country 2017-2025 ($ Million)
Table 5 Top Companies In Ndt Market
List Of Figures
Figure 1 North America Ultrasonic Equipment Market 2017-2025 ($ Million)
Figure 2 North America Radiography Equipment Market 2017-2025 ($ Million)
Figure 3 North America Visual Equipment Market 2017-2025 ($ Million)
Figure 4 North America Other Equipment Market 2017-2025 ($ Million)
Figure 5 North America Ndt Equipment Market Share By End-user 2016
Figure 6 North America Oil & Gas Market 2017-2025 ($ Million)
Figure 7 North America Power Generation Market 2017-2025 ($ Million)
Figure 8 Top 10 Nuclear Generating Countries 2015, Billion Kwh
Figure 9 North America Aerospace And Defense Market 2017-2025 ($ Million)
Figure 10 North America Automotive And Transportation Market 2017-2025 ($ Million)
Figure 11 North America Other End Users Market 2017-2025 ($ Million)
Figure 12 Us Ndt Equipment Market 2017-2025 ($ Million)
Figure 13 Canada Ndt Equipment Market 2017-2025 ($ Million)

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