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Nondestructive Testing Services in the US - Industry Market Research Report

  • ID: 2311052
  • Report
  • Region: United States
  • 34 pages
  • IBISWorld
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<p>Testing, testing: Technological innovation will make industry services more cost-effective, boosting demand</p>

FEATURED COMPANIES

Nondestructive Testing Services

Nondestructive testing (NDT) is used for numerous applications across a wide range of markets, from manufacturing plants and construction sites to nuclear power plants, oil refineries and shipyards. 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. Furthermore, strict government regulation relating to health, safety and environmental protection has also driven industry revenue growth. The industry's expansion will continue over the five years to 2024. Continuing technological innovation will make NDT services more cost-effective and efficient for end users, boosting demand for industry services. Additionally, oil drilling and gas extraction companies will provide a stable source of demand for NDT service providers as global demand for energy sources remains strong.

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.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
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