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Non-Destructive Testing and Inspection Market by Technique (Visual Testing, Magnetic Particle, Liquid Penetrant, Eddy Current, Ultrasonic, Radiographic, Acoustic Emission), Method, Service, Vertical, and Geography - Global Forecast to 2023

Non-Destructive Testing and Inspection Market by Technique (Visual Testing, Magnetic Particle, Liquid Penetrant, Eddy Current, Ultrasonic, Radiographic, Acoustic Emission), Method, Service, Vertical, and Geography - Global Forecast to 2023

“Non-destructive testing and inspection market expected to grow at a CAGR of 7.83% during the forecast period”
The non-destructive testing (NDT) and inspection market is expected to be valued at USD 12.06 billion by 2023, growing at a CAGR of 7.83% between 2017 and 2023. A key influencing factor for the growth of the market is stringent government safety regulations for maintaining product quality and safety within an industrial environment. Large-scale infra projects in emerging countries are likely to create opportunities for the players in the market.

“Market for the ultrasonic testing is expected to grow rapidly in the near future”
The ultrasonic testing technique is expected to grow rapidly during the forecast period between 2017 and 2023. The adoption of advanced UT techniques in the oil and gas industry for identifying faults drives the NDT market growth. The market for ultrasonic testing is estimated to rise by 2023 with the increased demand for NDT equipment in the manufacturing of aircraft and automobiles. The increasing demand for energy production in the power generation vertical would lead to high demand for NDT products during the forecast period.

“APAC to be the fastest-growing market for non-destructive testing and inspection”
The market in APAC is expected to grow at a high CAGR during the forecast period. The growth is attributed to several infrastructure projects that are under construction between 2017 and 2023 and increasing manufacturing vertical in APAC. The market in India is expected to grow at the highest CAGR between 2017 and 2023. The construction of new power plants to meet the growing demand for energy is expected to be the key factor for the growth of the NDT market in APAC.

Break-up of profiles of primary participants for the report is given below:
By Company Type: Tier 1 – 26%, Tier 2 – 32%, and Tier 3 – 42%
By Designation: C-Level Executives –52%, Directors – 23%, Managers – 25%
By Region: North America - 44%, Europe – 29%, APAC – 23%, RoW – 4%

General Electric Company (US), Olympus Corporation (Japan), Ashtead Technology Ltd. (UK), Mistras Group Inc. (US), Nikon Corporation (Japan), Magnaflux Corporation (US), Zetec Inc. (US), Sonatest Ltd. (UK), Sonotron NDT (Israel), Bosello High Tech SRL (Italy), Yxlon International GmbH (Germany), Fischer Technology Inc. (US), and Eddyfi NDT Inc. (Canada) are the key players in this market.

Research Coverage:
This report has been segmented into technique, method, service, vertical, and geography of the NDT market have been covered. It also discusses the key drivers, restraints, opportunities, and challenges pertaining to the market. The report gives a detailed view of the market across four main regions: North America, Europe, APAC, and RoW (comprising South America, the Middle East, and Africa).

Reasons to Buy the Report:
• This report includes the market statistics pertaining to technique, methods, service, vertical, and geography.
• Major drivers, restraints, opportunities, and challenges for the NDT market have been detailed in this report.
• Illustrative segmentation, analyses, and forecast have been conducted for the market based on the technique, method, service, vertical, and geography to give an overall view of the non-destructive testing market.
• The competitive landscape section includes key players, in-depth analysis, revenue of key players’ competitor ecosystem, product launches, partnerships, and mergers and acquisitions in the NDT market.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • REGIONAL SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY & PRICING
    • DISTRIBUTION CHANNEL PARTICIPANTS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • FACTOR ANALYSIS
      • INTRODUCTION
      • DEMAND-SIDE INDICATORS
        • Table INVESTMENTS IN RENEWABLE ENERGY, BY COUNTRY, 2015
        • Table TOTAL LENGTH OF THE PIPELINE NETWORK, BY COUNTRY, 2013 (KM)
      • SUPPLY-SIDE INDICATORS
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS & LIMITATIONS
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN NDT MARKET
    • NDT MARKET, BY END-USER
    • NDT MARKET, BY TECHNIQUE
    • OPPORTUNITIES IN NDT MARKET: REGIONAL ANALYSIS
    • NDT MARKET, BY TECHNIQUE
    • BRICS NDT MARKET, BY END-USER
    • LIFE CYCLE ANALYSIS, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET EVOLUTION
    • MARKET SEGMENTATION
      • BY METHOD
      • BY TECHNIQUE
      • BY APPLICATION
      • BY COMPONENT
      • BY END-USER
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
      • WINNING IMPERATIVES
      • BURNING ISSUES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • EMERGING TECHNOLOGY TRENDS
      • CLOUD TESTING: INTEGRATED INNOVATION TECHNOLOGY
      • ROBOTIC INTEGRATED TECHNOLOGY
        • Table COST COMPARISION BETWEEN FILM X-RAY AND DR
      • IIOT
    • PRODUCT LAUNCHES
      • Table RECENT PRODUCT LAUNCHES IN NDT MARKET, 2014–2016
    • TECHNOLOGICAL ADVANCEMENTS
      • Table RECENT TECHNOLOGY TRENDS IN NDT MARKET, BY INDUSTRY
    • INNOVATION & PATENT REGISTRATIONS
      • Table IMPORTANT INNOVATION & PATENT REGISTRATIONS, 2011-2016
    • NDT REGULATORY BODIES, BY REGION
    • AVERAGE SELLING PRICE, 2016
  • NDT MARKET, BY METHOD
    • INTRODUCTION
      • Table NDT MARKET SIZE, BY METHOD, 2014-2022 (USD MILLION)
      • Table TYPES OF NDT METHODS
    • VISUAL INSPECTION
      • Table VISUAL INSPECTION TESTING: NDT MARKET, BY REGION, 2014-2022 (USD MILLION)
    • MAGNETIC PARTICLE TESTING (MPT)
      • Table MPT: NDT MARKET, BY REGION, 2014-2022 (USD MILLION)
    • LIQUID PENETRANT TESTING (LPT)
      • Table LPT: NDT MARKET, BY REGION, 2014-2022 (USD MILLION)
    • ULTRASONIC TESTING
      • Table ULTRASONIC TESTING: NDT MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
    • RADIOGRAPHY TESTING
      • Table RADIOGRAPHY TESTING: NDT MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
    • EDDY CURRENT TESTING (ECT)
      • Table ECT: NDT MARKET, BY REGION, 2014-2022 (USD MILLION)
    • OTHERS
      • TERAHERTZ IMAGING
        • Table APPLICATIONS OF TERAHERTZ IMAGING METHOD, BY INDUSTRY
      • MAGNETIC RESONANCE IMAGING (MRI)
        • Table APPLICATIONS OF MRI METHOD, BY INDUSTRY
      • ACOUSTIC EMISSION TESTING (AET)
        • Table APPLICATIONS OF AET METHOD, BY INDUSTRY
      • NEAR-INFRARED SPECTROSCOPY
        • Table APPLICATIONS OF NEAR-INFRARED SPECTROSCOPY METHOD, BY INDUSTRY
      • OPTICAL MICROSCOPIC TESTING
        • Table APPLICATION OF OPTICAL MICROSCOPIC TESTING METHOD, BY INDUSTRY
      • THERMOGRAPHIC TESTING
        • Table APPLICATIONS OF THERMOGRAPHIC TESTING, BY INDUSTRY
  • NDT MARKET, BY TECHNIQUE
    • INTRODUCTION
      • Table NDT TECHNIQUES FOR DETECTION OF SURFACE CRACKS
      • Table NDT MARKET SIZE, BY TECHNIQUE, 2014-2022 (USD MILLION)
    • SURFACE EXAMINATION
      • Table SURFACE EXAMINATION TECHNIQUE: NDT MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
    • VOLUMETRIC EXAMINATION
      • Table VOLUMETRIC EXAMINATION TECHNIQUE: NDT MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
    • CONDITION MONITORING
      • Table CONDITION MONITORING TECHNIQUE: NDT MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
    • INTEGRITY EXAMINATION TECHNIQUE
      • Table INTEGRITY EXAMINATION TECHNIQUE: NDT MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
    • OTHERS
      • Table OTHERS: NDT MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
  • NDT MARKET, BY APPLICATION
    • INTRODUCTION
    • FLAW DETECTION
      • Table APPLICATION OF ULTRASONIC TRANSDUCERS FOR FLAW DETECTION
      • Table FLAW DETECTION PRODUCTS, BY KEY PLAYERS
    • LEAK DETECTION
      • Table TECHNIQUES FOR LEAK TESTING
    • DIMENSIONAL MEASUREMENT
      • Table DIMENSION MEASUREMENT PRODUCTS, BY KEY PLAYERS
      • Table TECHNIQUES INVOLVED IN DIMENSION EVALUTION
    • PHYSICAL PROPERTIES DETERMINATION
      • Table PHYSICAL PROPERTIES DETERMINATION PRODUCTS, BY KEY PLAYERS
      • Table ULTRASONIC VELOCITY AND CONCRETE STRUCTURE CONDITION
    • CHEMICAL COMPOSITION DETERMINATION
    • PLASMA EMISSION SPECTROGRAPHY
    • CORROSION RESISTANCE TESTING
      • Table METHODS FOR CORROSION TESTING, BY CATEGORY
    • STRESS & STRUCTURE ANALYSIS
      • Table NDT TECHNIQUES FOR STRESS & STRUCTURES DAMAGES
    • OTHERS
      • Table OTHER APPLICATIONS OF NDT
  • NDT MARKET, BY COMPONENT
    • INTRODUCTION
      • Table NDT MARKET SIZE, BY COMPONENT, 2014-2022 (USD MILLION)
    • EQUIPMENT
      • Table NDT MARKET SIZE, BY EQUIPMENT, 2014-2022 (USD MILLION)
    • SERVICES
      • Table NDT MARKET SIZE, BY SERVICES, 2014-2022 (USD MILLION)
  • NDT MARKET, BY END-USER
    • INTRODUCTION
      • Table NDT MARKET SIZE, BY END-USER, 2014-2022 (USD MILLION)
      • Table NDT MARKET FUTURE OUTLOOK, BY END-USER
    • AEROSPACE & DEFENSE
      • Table AEROSPACE & DEFENSE : NDT MARKET, BY REGION, 2014-2022 (USD MN)
    • AUTOMOTIVE
      • Table AUTOMOTIVE: NDT MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
    • OIL & GAS
      • Table OIL & GAS: NDT MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
    • INFRASTRUCTURE
      • Table INFRASTRUCTURE: NDT MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
    • POWER GENERATION
      • Table POWER GENERATION: NDT MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
    • OTHERS
      • Table OTHERS: NDT MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
  • NDT MARKET, BY REGION
    • INTRODUCTION
      • Table NDT MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
    • G7 NATIONS
      • BY END-USER
        • Table G7 NATIONS: NDT MARKET SIZE, BY END-USER, 2014-2022 (USD MILLION)
      • BY METHOD
        • Table G7 NATIONS: NDT MARKET SIZE, BY METHOD, 2014-2022 (USD MILLION)
      • BY TECHNIQUE
        • Table G7 NATIONS: NDT MARKET SIZE, BY TECHNIQUE, 2014-2022 (USD MILLION)
      • BY COUNTRY
        • Table G7 NATIONS: NDT MARKET SIZE, BY COUNTRY, 2014-2022 (USD MILLION)
        • Table U.S.: NDT MARKET SIZE, BY END-USER, 2014-2022 (USD MILLION)
        • Table U.S.: NDT MARKET SIZE, BY METHOD, 2014-2022 (USD MILLION)
        • Table GERMANY: NDT MARKET SIZE, BY END-USER, 2014-2022 (USD MILLION)
        • Table GERMANY: NDT MARKET SIZE, BY METHOD, 2014-2022 (USD MILLION)
        • Table JAPAN: NDT MARKET SIZE, BY END-USER, 2014-2022 (USD MILLION)
        • Table JAPAN: NDT MARKET SIZE, BY METHOD, 2014-2022 (USD MILLION)
        • Table U.K.: NDT MARKET SIZE, BY END-USER, 2014-2022 (USD MILLION)
        • Table U.K.: NDT MARKET SIZE, BY METHOD, 2014-2022 (USD MILLION)
        • Table FRANCE: NDT MARKET SIZE, BY END-USER, 2014-2022 (USD MILLION)
        • Table FRANCE: NDT MARKET SIZE, BY METHOD, 2014-2022 (USD MILLION)
        • Table CANADA: NDT MARKET SIZE, BY END-USER, 2014-2022 (USD MILLION)
        • Table CANADA: NDT MARKET SIZE, BY METHOD, 2014-2022 (USD MILLION)
        • Table ITALY: NDT MARKET SIZE, BY END-USER, 2014-2022 (USD MILLION)
        • Table ITALY: NDT MARKET SIZE, BY METHOD, 2014-2022 (USD MILLION)
    • BRICS
      • BY END-USER
        • Table BRICS: NDT MARKET SIZE, BY END-USER, 2014-2022 (USD MILLION)
      • BY METHOD
        • Table BRICS: NDT MARKET SIZE, BY METHOD, 2014-2022 (USD MILLION)
      • BY TECHNIQUE
        • Table BRICS: NDT MARKET SIZE, BY TECHNIQUE, 2014-2022 (USD MILLION)
      • BY COUNTRY
        • Table BRICS: NDT MARKET SIZE, BY COUNTRY, 2014-2022 (USD MILLION)
        • Table CHINA: NDT MARKET SIZE, BY END-USER, 2014-2022 (USD MILLION)
        • Table CHINA: NDT MARKET SIZE, BY METHOD, 2014-2022 (USD MILLION)
        • Table INDIA: NDT MARKET SIZE, BY END-USER, 2014-2022 (USD MILLION)
        • Table INDIA: NDT MARKET SIZE, BY METHOD, 2014-2022 (USD MILLION)
        • Table RUSSIA: NDT MARKET SIZE, BY END-USER, 2014-2022 (USD MILLION)
        • Table RUSSIA: NDT MARKET SIZE, BY METHOD, 2014-2022 (USD MILLION)
        • Table BRAZIL: NDT MARKET SIZE, BY END-USER, 2014-2022 (USD MILLION)
        • Table BRAZIL: NDT MARKET SIZE, BY METHOD, 2014-2022 (USD MILLION)
        • Table SOUTH AFRICA: NDT MARKET SIZE, BY END-USER, 2014-2022 (USD MILLION)
        • Table SOUTH AFRICA: NDT MARKET SIZE, BY METHOD, 2014-2022 (USD MILLION)
    • ROW
      • BY END-USER
        • Table ROW: NDT MARKET SIZE, BY END-USER, 2014-2022 (USD MILLION)
      • BY METHOD
        • Table ROW: NDT MARKET SIZE, BY METHOD, 2014-2022 (USD MILLION)
      • BY TECHNIQUE
        • Table ROW: NDT MARKET SIZE, BY TECHNIQUE, 2014-2022 (USD MILLION)
      • BY COUNTRY
        • Table ROW: NDT MARKET SIZE, BY COUNTRY, 2014-2022 (USD MILLION)
        • Table SAUDI ARABIA: NDT MARKET SIZE, BY END-USER, 2014-2022 (USD MILLION)
        • Table SAUDI ARABIA: NDT MARKET SIZE, BY METHOD, 2014-2022 (USD MILLION)
        • Table SOUTH KOREA: NDT MARKET SIZE, BY END-USER, 2014-2022 (USD MILLION)
        • Table SOUTH KOREA: NDT MARKET SIZE, BY METHOD, 2014-2022 (USD MILLION)
        • Table OTHERS: NDT MARKET SIZE, BY END-USER, 2014-2022 (USD MILLION)
        • Table OTHERS: NDT MARKET SIZE, BY METHOD, 2014-2022 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • BRAND ANALYSIS
      • Table BRAND ANALYSIS OF TOP PLAYERS IN NDT MARKET
    • MARKET SHARE ANALYSIS
    • COMPETITIVE SITUATIONS AND TRENDS
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2014-2016
      • ACQUISITIONS, PARTNERSHIPS, JOINT VENTURES, AND AGREEMENTS
        • Table ACQUISITIONS, PARTNERSHIPS, AND AGREEMENTS, 2014–2016
      • CONTRACTS
        • Table CONTRACTS, 2014-2016
      • EXPANSIONS
        • Table EXPANSIONS, 2014-2015
  • COMPANY PROFILES
    • INTRODUCTION
      • FINANCIAL HIGHLIGHTS
    • OLYMPUS CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • MISTRAS GROUP, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • INTERTEK GROUP PLC
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SGS S.A.
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • GE MEASUREMENT & CONTROL
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • NIKON METROLOGY, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • ASHTEAD TECHNOLOGY, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • SONATEST LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • BOSELLO HIGH TECHNOLOGY S.R.L.
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
    • FUJIFILM HOLDINGS CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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