+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Nondestructive Testing Equipment and Services: Ultrasonic, Radiographic, Eddy Current and Others

  • PDF Icon

    Report

  • 321 Pages
  • November 2023
  • Region: Global
  • BCC Research
  • ID: 4997110

The global market for NDT equipment and services is estimated to increase from $31.3 billion in 2023 to reach $50.7 billion by 2028, at a compound annual growth rate (CAGR) of 10.1% from 2023 through 2028.

Report Scope

In this report, the market has been segmented based on types (equipment type and service type), application and geography. The report provides an overview of the global NDT equipment and services market and analyzes market trends. Using 2022 as the base year, the report provides estimated market data for 2023-2028. Revenue forecasts for this period are segmented based on types (equipment type and service type), application and geography. Market values have been estimated based on the triangulation method using parameters such as the total revenue of NDT equipment and services providers, primary interview results and secondary white paper information.

The report covers the market for NDT equipment and services with regard to the application base across different regions. It also highlights major trends and challenges that affect the market and the vendor landscape. The report estimates the global market for NDT equipment and services in 2022 and provides projections for the expected market size through 2028.

The Report Includes

  • 92 data tables and 39 additional tables
  • An overview of the global market landscape related to the nondestructive testing equipment and services: ultrasonic, radiographic, eddy current and others
  • In-depth analysis of global market trends, featuring historical revenue data for 2022, estimated figures for 2023, as well as forecasts for 2025, and 2028. This analysis includes projections of Compound Annual Growth Rates (CAGRs) spanning through 2028
  • Evaluation of the current market size and revenue growth prospects specific to non destructive testing equipment and services, accompanied by a comprehensive market share analysis categorized by equipment type, service type, technique, application, and geographical region
  • An overview of the challenges that the industry is facing and a discussion on how to overcome them
  • Discussion on concepts, importance and life cycle assessment of the industry and information on training and NDT certification requirements and coverage of market regulations and standards
  • An analysis of pipeline products and ESG trends
  • Market share analysis of the key companies and coverage of their proprietary technologies, strategic alliances, and patent activity
  • Company profiles of the leading players including Thermo Fisher Scientific Inc., Smiths Group plc., Olympus Corp., General Electric Company., and Nikon Corp.
Frequently Asked Questions about the Nondestructive Testing Equipment and Services Market

What is the estimated value of the Nondestructive Testing Equipment and Services Market?

The Nondestructive Testing Equipment and Services Market was estimated to be valued at $31.3 Billion in 2023.

What is the growth rate of the Nondestructive Testing Equipment and Services Market?

The growth rate of the Nondestructive Testing Equipment and Services Market is 10.1%, with an estimated value of $50.7 Billion by 2028.

What is the forecasted size of the Nondestructive Testing Equipment and Services Market?

The Nondestructive Testing Equipment and Services Market is estimated to be worth $50.7 Billion by 2028.

Who are the key companies in the Nondestructive Testing Equipment and Services Market?

Key companies in the Nondestructive Testing Equipment and Services Market include 3Dx, Ray Ltd., Advanced Inspection Technologies Inc., Advanced Ndt Ltd., Bruker Axs GmbH, Carestream Health Inc., Comet AG, Eddyfi Technologies, General Electric Co. and Hottinger Brüel & Kjaer GmbH.

Table of Contents

Chapter 1 Introduction
  • Introduction
  • Study Goals and Objectives
  • Reasons for Doing the Study
  • Scope of Report
  • What’s New in This Update?
  • Methodology
  • Information Sources
  • Geographic Breakdown
  • Segmentation Breakdown
Chapter 2 Summary and Highlights
  • Market Outlook
Chapter 3 Market Overview
  • Definition of Nondestructive Testing
  • Concepts in the Industry
  • Importance of the Industry
  • NDT Methods
  • Life Cycle Assessment
  • Life Cycle Cost
  • Technology Life Cycle
  • History of Nondestructive Testing (NDT)
  • History of Nondestructive Technologies
  • Current Market Overview
  • Training and NDT Certification
  • NDT Certification Levels
  • Recertification
  • Certification Requirements
  • Certification Examinations
  • Documentation
  • Levels of Certification
  • Certification Requirements
  • Accredited Bodies for Training and Certification
  • Value Chain Analysis
  • Market Regulations/Standards
  • Porter’s Five Forces Analysis
  • Bargaining Power of Buyers
  • Bargaining Power of Suppliers
  • Threat of New Entrants
  • Threat of Substitutes
  • Degree of Competition
  • Impact of COVID-19 on the Market for NDT Equipment and Services
  • Conclusion
Chapter 4 Market Dynamics
  • Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
Chapter 5 Market Breakdown by Segment
  • Introduction
  • NDT Equipment
  • Ultrasonic Testing (UT)
  • Radiographic Testing (RT)
  • Visual Inspection (VI)
  • Eddy-Current Testing (ECT)
  • Magnetic Particle Inspection (MPI)
  • Acoustic Emission Testing (AET)
  • Liquid Penetrant Inspection (LPI)
  • IR Thermography Testing (IRT)
  • Other NDT Testing Methods
  • NDT Services
  • NDT Inspection Services
  • NDT Training Services
  • NDT Equipment Rental Services
  • NDT Equipment Calibration Services
  • Other NDT Services
Chapter 6 Market Breakdown by Application
  • Introduction
  • Oil and Gas
  • Types of Oil and Gas NDT Applications
  • Power Generation
  • NDT in Nuclear Power Plants
  • NDT in Thermal Power Plants
  • Aerospace and Defense
  • Automotive and Transportation
  • Transportation Security
  • Transportation-Shipping and Railroads
  • Infrastructure
  • NDT on Bridges
  • NDT on Buildings
  • Manufacturing
  • NDT in Metals Production Industries
  • NDT in Chemical Industries
  • Other Applications
  • Composites
Chapter 7 Market Breakdown by Region
  • Total Global Value by Region
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • Italy
  • U.K.
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Rest of Asia-Pacific
  • South America
  • Rest of the World (RoW)
Chapter 8 Sustainability in the NDT Equipment and Services Industry: An ESG Perspective
  • Importance of ESG in the NDT Equipment and Services Industry
  • Key ESG Issues in the NDT Equipment and Services Industry
  • NDT Equipment and Services Industry ESG Performance Analysis
  • ESG Penetration
  • Environmental Performance
  • Social Performance
  • Governance Performance
  • Consumer Attitudes toward ESG in the Market for NDT Equipment and Services
  • ESG Practices in the NDT Equipment and Services Industry
  • ESG-Related Risks in the NDT Equipment and Services Industry
  • ESG-Related Opportunities in the NDT Equipment and Services Industry
  • Case Study
  • Concluding Remarks
Chapter 9 Patent Analysis
  • Patent Analysis
  • Recently Granted Key Patents
Chapter 10 M&A and Funding Outlook
  • M&A Analysis
  • Start-up Funding in the Equipment and Services Industry
Chapter 11 Competitive Landscape
  • Top Companies
  • Strategic Analysis
  • Product Launches and Developments
  • Acquisitions and Mergers
  • Expansions and Investments
  • Collaborations and Partnerships
Chapter 12 Company Profiles
  • 3Dx-Ray Ltd.
  • Advanced Inspection Technologies Inc.
  • Advanced Ndt Ltd.
  • Bruker Axs GmbH
  • Carestream Health Inc.
  • Comet AG
  • Eddyfi Technologies
  • General Electric Co.
  • Hottinger Brüel & Kjaer GmbH
  • Nikon Corp.
  • Olympus Corp.
  • Rapiscan Systems
  • Shimadzu Corp.
  • Smiths Group Plc
  • Spellman High Voltage Electronics Corp.
  • Thermo Fisher Scientific Inc.
  • Teledyne Technologies Inc.
List of Tables
Summary Table: Global Market for NDT Equipment and Services, by Region, Through 2028
Table 1: Market Regulations/Standards
Table 2: Porter's Five Forces Analysis: Overview
Table 3: Global Market for NDT Equipment and Services, by Type, Through 2028
Table 4: Global Market for NDT Equipment, by Type, Through 2028
Table 5: Global Market for NDT Equipment, by Technique, Through 2028
Table 6: Global Market for NDT Equipment, by Region, Through 2028
Table 7: Global Market for Ultrasonic Testing Equipment, by Technique, Through 2028
Table 8: Global Market for Ultrasonic Testing Equipment, by Type of Equipment, Through 2028
Table 9: Global Market for Ultrasonic Testing Equipment, by Region, Through 2028
Table 10: Global Market for Ultrasonic Testing Equipment, by Application, Through 2028
Table 11: Global Market for Radiographic Testing Equipment, by Technique, Through 2028
Table 12: Global Market for Radiographic Testing Equipment, by Type of Equipment, Through 2028
Table 13: Global Market for Radiographic Testing Equipment, by Region, Through 2028
Table 14: Global Market for Radiographic Testing Equipment, by Application, Through 2028
Table 15: Global Market for Visual Inspection Equipment, by Technique, Through 2028
Table 16: Global Market for Visual Inspection Equipment, by Type of Equipment, Through 2028
Table 17: Global Market for Visual Inspection Equipment, by Region, Through 2028
Table 18: Global Market for Visual Inspection Equipment, by Application, Through 2028
Table 19: Global Market for Eddy-Current Testing Equipment, by Technique, Through 2028
Table 20: Global Market for Eddy-Current Testing Equipment, by Type of Equipment, Through 2028
Table 21: Global Market for Eddy-Current Testing Equipment, by Region, Through 2028
Table 22: Global Market for Eddy-Current Testing Equipment, by Application, Through 2028
Table 23: Global Market for Magnetic Particle Inspection Equipment, by Technique, Through 2028
Table 24: Global Market for Magnetic Particle Inspection Equipment, by Type of Equipment, Through 2028
Table 25: Global Market for Magnetic Particle Inspection Equipment, by Region, Through 2028
Table 26: Global Market for Magnetic Particle Inspection Equipment, by Application, Through 2028
Table 27: Global Market for Acoustic Emission Testing Equipment, by Technique, Through 2028
Table 28: Global Market for Acoustic Emission Testing Equipment, by Type of Equipment, Through 2028
Table 29: Global Market for Acoustic Emission Testing Equipment, by Region, Through 2028
Table 30: Global Market for Acoustic Emission Testing Equipment, by Application, Through 2028
Table 31: Advantages and Disadvantages of Liquid Penetrant Inspection
Table 32: Global Market for Liquid Penetrant Inspection Equipment, by Technique, Through 2028
Table 33: Global Market for Liquid Penetrant Inspection Equipment, by Type of Equipment, Through 2028
Table 34: Global Market for Liquid Penetrant Inspection Equipment, by Region, Through 2028
Table 35: Global Market for Liquid Penetrant Inspection Equipment, by Application, Through 2028
Table 36: Global Market for IR Thermography Testing Equipment, by Technique, Through 2028
Table 37: Global Market for IR Thermography Testing Equipment, by Type of Equipment, Through 2028
Table 38: Global Market for IR Thermography Testing Equipment, by Region, Through 2028
Table 39: Global Market for IR Thermography Testing Equipment, by Application, Through 2028
Table 40: Global Market for Other Testing Equipment, by Technique, Through 2028
Table 41: Global Market for Other Testing Equipment, by Region, Through 2028
Table 42: Global Market for Other Testing Equipment, by Application, Through 2028
Table 43: Global Market for NDT Services, by Type, Through 2028
Table 44: Global Market for NDT Services, by Region, Through 2028
Table 45: Global Market for NDT Inspection Services, by Region, Through 2028
Table 46: Global Market for NDT Training Services, by Region, Through 2028
Table 47: Global Market for NDT Equipment Rental Services, by Region, Through 2028
Table 48: Global Market for NDT Equipment Calibration Services, by Region, Through 2028
Table 49: Global Market for Other NDT Services, by Region, Through 2028
Table 50: Global Market for NDT Equipment, by Application, Through 2028
Table 51: Global Market for NDT Equipment in Oil and Gas Applications, by Type of Equipment, Through 2028
Table 52: Global Market for NDT Equipment in Oil and Gas Applications, by Region, Through 2028
Table 53: Global Market for NDT Equipment in Power Generation Applications, by Type of Equipment, Through 2028
Table 54: Global Market for NDT Equipment in Power Generation Applications, by Region, Through 2028
Table 55: Global Market for NDT Equipment in Aerospace and Defense Applications, by Type of Equipment, Through 2028
Table 56: Global Market for NDT Equipment in Aerospace and Defense Applications, by Region, Through 2028
Table 57: Global Market for NDT Equipment in Automotive and Transportation Applications, by Type of Equipment, Through 2028
Table 58: Global Market for NDT Equipment in Automotive and Transportation Applications, by Region, Through 2028
Table 59: Global Market for NDT Equipment in Infrastructure Applications, by Type of Equipment, Through 2028
Table 60: Global Market for NDT Equipment in Infrastructure Applications, by Region, Through 2028
Table 61: Global Market for NDT Equipment in Maufacturing Applications, by Type of Equipment, Through 2028
Table 62: Global Market for NDT Equipment in Maufacturing Applications, by Region, Through 2028
Table 63: Global Market for NDT Equipment in Other Applications, by Type of Equipment, Through 2028
Table 64: Global Market for NDT Equipment in Other Applications, by Region, Through 2028
Table 65: Global Market for NDT Equipment and Services, by Region, Through 2028
Table 66: North American Market for NDT Equipment and Services, by Type of Equipment, Through 2028
Table 67: North American Market for NDT Equipment and Services, by Type of Service, Through 2028
Table 68: North American Market for NDT Equipment, by Application, Through 2028
Table 69: North American Market for NDT Equipment and Services, by Country, Through 2028
Table 70: European Market for NDT Equipment and Services, by Type of Equipment, Through 2028
Table 71: European Market for NDT Equipment and Services, by Type of Service, Through 2028
Table 72: European Market for NDT Equipment, by Application, Through 2028
Table 73: European Market for NDT Equipment and Services, by Country, Through 2028
Table 74: Asia-Pacific Market for NDT Equipment and Services, by Type of Equipment, Through 2028
Table 75: Asia-Pacific Market for NDT Equipment and Services, by Type of Service, Through 2028
Table 76: Asia-Pacific Market for NDT Equipment, by Application, Through 2028
Table 77: Asia-Pacific Market for NDT Equipment and Services, by Country, Through 2028
Table 78: South American Market for NDT Equipment and Services, by Type of Equipment, Through 2028
Table 79: South American Market for NDT Equipment and Services, by Type of Service, Through 2028
Table 80: South American Market for NDT Equipment, by Application, Through 2028
Table 81: South American Market for NDT Equipment and Services, by Country, Through 2028
Table 82: RoW Market for NDT Equipment and Services, by Type of Equipment, Through 2028
Table 83: RoW Market for NDT Equipment and Services, by Type of Service, Through 2028
Table 84: RoW Market for NDT Equipment, by Application, Through 2028
Table 85: RoW Market for NDT Equipment and Services, by Country, Through 2028
Table 86: Global NDT Equipment and Services Market: Environmental ESG Metrics, 2022
Table 87: Global NDT Equipment and Services Market: Social ESG Metrics, 2022
Table 88: Global NDT Equipment and Services Market: Governance ESG Metrics, 2022
Table 89: Company Patents Shares of NDT Equipment and Services, 2022
Table 90: M&A, January 2021-August 2023
Table 91: Start-up Funding in the NDT Equipment and Services Industry, January 2021-August 2023
Table 92: Product Launches and Developments, by Major Players, 2020-2023*
Table 93: Mergers and Acquisitions, by Major Players, 2020-2023*
Table 94: Expansions and Investments, by Major Players, 2020-2023*
Table 95: Collaborations and Partnerships, by Major Players, 2020-2023*
Table 96: 3DX-Ray Ltd.: NDT Equipment and Services Product Portfolio
Table 97: Advanced Inspection Technologies Inc.: NDT Equipment and Services Product Portfolio
Table 98: Advanced NDT Ltd.: NDT Equipment and Services Product Portfolio
Table 99: Bruker AXS GmbH: Annual Revenue, 2022
Table 100: Bruker AXS GmbH: News, 2019
Table 101: Bruker AXS GmbH: NDT Equipment and Services Product Portfolio
Table 102: Carestream Health Inc.: NDT Equipment and Services Product Portfolio
Table 103: Comet AG: Annual Revenue, 2022
Table 104: Comet AG: News, 2022
Table 105: Comet AG: NDT Equipment and Services Product Portfolio
Table 106: Eddyfi Technologies: News, 2022
Table 107: Eddyfi Technologies: NDT Equipment and Services Product Portfolio
Table 108: General Electric Company: Annual Revenue, 2022
Table 109: General Electric Company: NDT Equipment and Services Product Portfolio
Table 110: Hottinger Brüel & Kjaer GmbH: NDT Equipment and Services Product Portfolio
Table 111: Nikon Corp.: Annual Revenue, 2022
Table 112: Nikon Corp.: News, 2023
Table 113: Nikon Corp.: NDT Equipment and Services Product Portfolio
Table 114: Olympus Corp.: Annual Revenue, 2022
Table 115: Olympus Corp.: News, 2020
Table 116: Olympus Corp.: NDT Equipment and Services Product Portfolio
Table 117: Rapiscan Systems: News, 2023
Table 118: Rapiscan Systems: NDT Equipment and Services Product Portfolio
Table 119: Shimadzu Corp.: Annual Revenue, 2022
Table 120: Shimadzu Corp.: NDT Equipment and Services Product Portfolio
Table 121: Smiths Group plc: Annual Revenue, 2022
Table 122: Smiths Group plc: News, 2023
Table 123: Smiths Group plc: NDT Equipment and Services Product Portfolio
Table 124: Spellman High Voltage Electronics Corp.: News, 2022
Table 125: Spellman High Voltage Electronics Corp.: NDT Equipment and Services Product Portfolio
Table 126: Thermo Fisher Scientific Inc.: Annual Revenue, 2022
Table 127: Thermo Fisher Scientific Inc.: NDT Equipment and Services Product Portfolio
Table 128: Teledyne Technologies Inc.: Annual Revenue, 2022
Table 129: Teledyne Technologies Inc.: News, 2023
Table 130: Teledyne Technologies Inc.: NDT Equipment and Services Product Portfolio
List of Figures
Summary Figure: Global Market Shares of NDT Equipment and Services, by Region, 2022
Figure 1: Market Value Chain Analysis
Figure 2: Porter's Five Forces Analysis
Figure 3: Bargaining Power of Buyers
Figure 4: Bargaining Power of Suppliers
Figure 5: Threat of New Entrants
Figure 6: Threat of Substitutes
Figure 7: Degree of Competition
Figure 8: Key Factors Impacting the NDT Equipment and Services Market
Figure 9: Global Market Shares of NDT Equipment and Services, by Type, 2022
Figure 10: Global Market Shares of NDT Equipment and Services, by Type, 2028
Figure 11: Global Market Shares of NDT Equipment, by Type, 2022
Figure 12: Global Market Shares of NDT Equipment, by Type, 2028
Figure 13: Global Market Shares of NDT Equipment, by Technique, 2022
Figure 14: Global Market Shares of NDT Equipment, by Technique, 2028
Figure 15: Global Market Shares of NDT Equipment, by Region, 2022
Figure 16: Global Market Shares of NDT Equipment, by Region, 2028
Figure 17: Global Market Shares of Ultrasonic Testing Equipment, by Technique, 2022
Figure 18: Global Market Shares of Ultrasonic Testing Equipment, by Technique, 2028
Figure 19: Global Market Shares of Ultrasonic Testing Equipment, by Type of Equipment, 2022
Figure 20: Global Market Shares of Ultrasonic Testing Equipment, by Type of Equipment, 2028
Figure 21: Global Market Shares of Ultrasonic Testing Equipment, by Region, 2022
Figure 22: Global Market Shares of Ultrasonic Testing Equipment, by Region, 2028
Figure 23: Global Market Shares of Ultrasonic Testing Equipment, by Application, 2022
Figure 24: Global Market Shares of Ultrasonic Testing Equipment, by Application, 2028
Figure 25: Global Market Shares of Radiographic Testing Equipment, by Technique, 2022
Figure 26: Global Market Shares of Radiographic Testing Equipment, by Technique, 2028
Figure 27: Global Market Shares of Radiographic Testing Equipment, by Type of Equipment, 2022
Figure 28: Global Market Shares of Radiographic Testing Equipment, by Type of Equipment, 2028
Figure 29: Global Market Shares of Radiographic Testing Equipment, by Region, 2022
Figure 30: Global Market Shares of Radiographic Testing Equipment, by Region, 2028
Figure 31: Global Market Shares of Radiographic Testing Equipment, by Application, 2022
Figure 32: Global Market Shares of Radiographic Testing Equipment, by Application, 2028
Figure 33: Global Market Shares of Visual Inspection Equipment, by Technique, 2022
Figure 34: Global Market Shares of Visual Inspection Equipment, by Technique, 2028
Figure 35: Global Market Shares of Visual Inspection Equipment, by Type of Equipment, 2022
Figure 36: Global Market Shares of Visual Inspection Equipment, by Type of Equipment, 2028
Figure 37: Global Market Shares of Visual Inspection Equipment, by Region, 2022
Figure 38: Global Market Shares of Visual Inspection Equipment, by Region, 2028
Figure 39: Global Market Shares of Visual Inspection Equipment, by Application, 2022
Figure 40: Global Market Shares of Visual Inspection Equipment, by Application, 2028
Figure 41: Global Market Shares of Eddy-Current Testing Equipment, by Technique, 2022
Figure 42: Global Market Shares of Eddy-Current Testing Equipment, by Technique, 2028
Figure 43: Global Market Shares of Eddy-Current Testing Equipment, by Type of Equipment, 2022
Figure 44: Global Market Shares of Eddy-Current Testing Equipment, by Type of Equipment, 2028
Figure 45: Global Market Shares of Eddy-Current Testing Equipment, by Region, 2022
Figure 46: Global Market Shares of Eddy-Current Testing Equipment, by Region, 2028
Figure 47: Global Market Shares of Eddy-Current Testing Equipment, by Application, 2022
Figure 48: Global Market Shares of Eddy-Current Testing Equipment, by Application, 2028
Figure 49: Global Market Shares of Magnetic Particle Inspection Equipment, by Technique, 2022
Figure 50: Global Market Shares of Magnetic Particle Inspection Equipment, by Technique, 2028
Figure 51: Global Market Shares of Magnetic Particle Inspection Equipment, by Type of Equipment, 2022
Figure 52: Global Market Shares of Magnetic Particle Inspection Equipment, by Type of Equipment, 2028
Figure 53: Global Market Shares of Magnetic Particle Inspection Equipment, by Region, 2022
Figure 54: Global Market Shares of Magnetic Particle Inspection Equipment, by Region, 2028
Figure 55: Global Market Shares of Magnetic Particle Inspection Equipment, by Application, 2022
Figure 56: Global Market Shares of Magnetic Particle Inspection Equipment, by Application, 2028
Figure 57: Global Market Shares of Acoustic Emission Testing Equipment, by Technique, 2022
Figure 58: Global Market Shares of Acoustic Emission Testing Equipment, by Technique, 2028
Figure 59: Global Market Shares of Acoustic Emission Testing Equipment, by Type of Equipment, 2022
Figure 60: Global Market Shares of Acoustic Emission Testing Equipment, by Type of Equipment, 2028
Figure 61: Global Market Shares of Acoustic Emission Testing Equipment, by Region, 2022
Figure 62: Global Market Shares of Acoustic Emission Testing Equipment, by Region, 2028
Figure 63: Global Market Shares of Acoustic Emission Testing Equipment, by Application, 2022
Figure 64: Global Market Shares of Acoustic Emission Testing Equipment, by Application, 2028
Figure 65: Global Market Shares of Liquid Penetrant Inspection Equipment, by Technique, 2022
Figure 66: Global Market Shares of Liquid Penetrant Inspection Equipment, by Technique, 2028
Figure 67: Global Market Shares of Liquid Penetrant Inspection Equipment, by Type of Equipment, 2022
Figure 68: Global Market Shares of Liquid Penetrant Inspection Equipment, by Type of Equipment, 2028
Figure 69: Global Market Shares of Liquid Penetrant Inspection Equipment, by Region, 2022
Figure 70: Global Market Shares of Liquid Penetrant Inspection Equipment, by Region, 2028
Figure 71: Global Market Shares of Liquid Penetrant Inspection Equipment, by Application, 2022
Figure 72: Global Market Shares of Liquid Penetrant Inspection Equipment, by Application, 2028
Figure 73: Global Market Shares of IR Thermography Testing Equipment, by Technique, 2022
Figure 74: Global Market Shares of IR Thermography Testing Equipment, by Technique, 2028
Figure 75: Global Market Shares of IR Thermography Testing Equipment, by Type of Equipment, 2022
Figure 76: Global Market Shares of IR Thermography Testing Equipment, by Type of Equipment, 2028
Figure 77: Global Market Shares of IR Thermography Testing Equipment, by Region, 2022
Figure 78: Global Market Shares of IR Thermography Testing Equipment, by Region, 2028
Figure 79: Global Market Shares of IR Thermography Testing Equipment, by Application, 2022
Figure 80: Global Market Shares of IR Thermography Testing Equipment, by Application, 2028
Figure 81: Global Market Shares of Other Testing Equipment, by Technique, 2022
Figure 82: Global Market Shares of Other Testing Equipment, by Technique, 2028
Figure 83: Global Market Shares of Other Testing Equipment, by Region, 2022
Figure 84: Global Market Shares of Other Testing Equipment, by Region, 2028
Figure 85: Global Market Shares of Other Testing Equipment, by Application, 2022
Figure 86: Global Market Shares of Other Testing Equipment, by Application, 2028
Figure 87: Global Market Shares of NDT Services, by Type, 2022
Figure 88: Global Market Shares of NDT Services, by Type, 2028
Figure 89: Global Market Shares of NDT Services, by Region, 2022
Figure 90: Global Market Shares of NDT Services, by Region, 2028
Figure 91: Global Market Shares of NDT Inspection Services, by Region, 2022
Figure 92: Global Market Shares of NDT Inspection Services, by Region, 2028
Figure 93: Global Market Shares of NDT Training Services, by Region, 2022
Figure 94: Global Market Shares of NDT Training Services, by Region, 2028
Figure 95: Global Market Shares of NDT Equipment Rental Services, by Region, 2022
Figure 96: Global Market Shares of NDT Equipment Rental Services, by Region, 2028
Figure 97: Global Market Shares of NDT Equipment Calibration Services, by Region, 2022
Figure 98: Global Market Shares of NDT Equipment Calibration Services, by Region, 2028
Figure 99: Global Market Shares of Other NDT Services, by Region, 2022
Figure 100: Global Market Shares of Other NDT Services, by Region, 2028
Figure 101: Global Market Shares of NDT Equipment, by Application, 2022
Figure 102: Global Market Shares of NDT Equipment, by Application, 2028
Figure 103: Global Market Shares of NDT Equipment in Oil and Gas Applications, by Type of Equipment, 2022
Figure 104: Global Market Shares of NDT Equipment in Oil and Gas Applications, by Type of Equipment, 2028
Figure 105: Global Market Shares of NDT Equipment in Oil and Gas Applications, by Region, 2022
Figure 106: Global Market Shares of NDT Equipment in Oil and Gas Applications, by Region, 2028
Figure 107: Global Market Shares of NDT Equipment in Power Generation Applications, by Type of Equipment, 2022
Figure 108: Global Market Shares of NDT Equipment in Power Generation Applications, by Type of Equipment, 2028
Figure 109: Global Market Shares of NDT Equipment in Power Generation Applications, by Region, 2022
Figure 110: Global Market Shares of NDT Equipment in Power Generation Applications, by Region, 2028
Figure 111: Global Market Shares of NDT Equipment in Aerospace and Defense Applications, by Type of Equipment, 2022
Figure 112: Global Market Shares of NDT Equipment in Aerospace and Defense Applications, by Type of Equipment, 2028
Figure 113: Global Market Shares of NDT Equipment in Aerospace and Defense Applications, by Region, 2022
Figure 114: Global Market Shares of NDT Equipment in Aerospace and Defense Applications, by Region, 2028
Figure 115: Global Market Shares of NDT Equipment in Automotive and Transportation Applications, by Type of Equipment, 2022
Figure 116: Global Market Shares of NDT Equipment in Automotive and Transportation Applications, by Type of Equipment, 2028
Figure 117: Global Market Shares of NDT Equipment in Automotive and Transportation Applications, by Region, 2022
Figure 118: Global Market Shares of NDT Equipment in Automotive and Transportation Applications, by Region, 2028
Figure 119: Global Market Shares of NDT Equipment in Infrastructure Applications, by Type of Equipment, 2022
Figure 120: Global Market Shares of NDT Equipment in Infrastructure Applications, by Type of Equipment, 2028
Figure 121: Global Market Shares of NDT Equipment in Infrastructure Applications, by Region, 2022
Figure 122: Global Market Shares of NDT Equipment in Infrastructure Applications, by Region, 2028
Figure 123: Global Market Shares of NDT Equipment in Maufacturing Applications, by Type of Equipment, 2022
Figure 124: Global Market Shares of NDT Equipment in Maufacturing Applications, by Type of Equipment, 2028
Figure 125: Global Market Shares of NDT Equipment in Maufacturing Applications, by Region, 2022
Figure 126: Global Market Shares of NDT Equipment in Maufacturing Applications, by Region, 2028
Figure 127: Global Market Shares of NDT Equipment in Other Applications, by Type of Equipment, 2022
Figure 128: Global Market Shares of NDT Equipment in Other Applications, by Type of Equipment, 2028
Figure 129: Global Market Shares of NDT Equipment in Other Applications, by Region, 2022
Figure 130: Global Market Shares of NDT Equipment in Other Applications, by Region, 2028
Figure 131: Global Market for NDT Equipment and Services, by Region
Figure 132: Global Market Shares of NDT Equipment and Services, by Region, 2022
Figure 133: Global Market Shares of NDT Equipment and Services, by Region, 2028
Figure 134: U.S. Market for NDT Equipment and Services, 2022-2028
Figure 135: Canadian Market for NDT Equipment and Services, 2022-2028
Figure 136: Mexican Market for NDT Equipment and Services, 2022-2028
Figure 137: German Market for NDT Equipment and Services, 2022-2028
Figure 138: French Market for NDT Equipment and Services, 2022-2028
Figure 139: Italian Market for NDT Equipment and Services, 2022-2028
Figure 140: U.K. Market for NDT Equipment and Services, 2022-2028
Figure 141: Rest of European Market for NDT Equipment and Services, 2022-2028
Figure 142: Chinese Market for NDT Equipment and Services, 2022-2028
Figure 143: Japanese Market for NDT Equipment and Services, 2022-2028
Figure 144: Indian Market for NDT Equipment and Services, 2022-2028
Figure 145: Rest of Asia-Pacific Market for NDT Equipment and Services, 2022-2028
Figure 146: ESG Compliant Companies in the Global Market for NDT Equipment and Services, 2022
Figure 147: Number of Patents, by Year, 2018 to 2023*
Figure 148: Patents Shares of NDT Equipment and Services, by Region, 2022
Figure 149: Distribution Share of M&A in the NDT Equipment and Services Industry, by Region, 2021-2023*
Figure 150: Distribution Share of Start-up Funding Amounts in the NDT Equipment and Services Industry, by Deal Type, 2021-2023*
Figure 151: Market Shares of NDT Equipment and Services, by Leading Player, 2022
Figure 152: Shares of the Most Followed Strategies in the Global Market for NDT Equipment and Services, 2020-2023*
Figure 153: Bruker AXS GmbH: Annual Revenue, 2021 and 2022
Figure 154: Bruker AXS GmbH: Revenue Shares, by Business Unit, 2022
Figure 155: Bruker AXS GmbH: Revenue Shares, by Country/Region, 2022
Figure 156: Comet AG: Annual Revenue, 2021 and 2022
Figure 157: Comet AG: Revenue Shares, by Business Unit, 2022
Figure 158: Comet AG: Revenue Shares, by Country/Region, 2022
Figure 159: General Electric Co.: Annual Revenue, 2021 and 2022
Figure 160: General Electric Company: Revenue Shares, by Business Unit, 2022
Figure 161: General Electric Co.: Revenue Shares, by Country/Region, 2022
Figure 162: Nikon Corp.: Annual Revenue, 2021 and 2022
Figure 163: Nikon Corp.: Revenue Shares, by Business Unit, 2022
Figure 164: Nikon Corp.: Revenue Shares, by Country/Region, 2022
Figure 165: Olympus Corp.: Annual Revenue, 2021 and 2022
Figure 166: Olympus Corp.: Revenue Shares, by Business Unit, 2022
Figure 167: Olympus Corp.: Revenue Shares, by Country/Region, 2022
Figure 168: Shimadzu Corp.: Annual Revenue, 2021 and 2022
Figure 169: Shimadzu Corp.: Revenue Shares, by Business Unit, 2022
Figure 170: Shimadzu Corp.: Revenue Shares, by Country/Region, 2022
Figure 171: Smiths Group plc: Annual Revenue, 2021 and 2022
Figure 172: Smiths Group plc: Revenue Shares, by Business Unit, 2022
Figure 173: Smiths Group plc: Revenue Shares, by Country/Region, 2022
Figure 174: Thermo Fisher Scientific Inc.: Annual Revenue, 2021 and 2022
Figure 175: Thermo Fisher Scientific Inc.: Revenue Shares, by Business Unit, 2022
Figure 176: Thermo Fisher Scientific Inc.: Revenue Shares, by Country/Region, 2022
Figure 177: Teledyne Technologies Inc.: Annual Revenue, 2021 and 2022
Figure 178: Teledyne Technologies Inc.: Revenue Shares, by Business Unit, 2022
Figure 179: Teledyne Technologies Inc.: Revenue Shares, by Country/Region, 2022

Executive Summary

Nondestructive testing (NDT) is needed whenever assurance is required of the integrity of the infrastructure. Aircraft, trains, pipelines, oil rigs, bridges and pressure vessels are examples of everyday things that are being regularly examined using NDT techniques. In addition to the need to ensure safety, NDT can be used to improve output and profitability. Furthermore, a component or an entire structure or machine can be tested many times using several types of tests through the complete life cycle to ensure its continued integrity. Components can be tested before they are finally shaped or while they are in service. This means that the continuing quality of components can be assured, such as checking railway lines, aero-engine turbine blades and the welds on a high-speed theme park ride.

Additionally, NDT methods can be employed to monitor the integrity of the structure through its useful life. These methods supplement other techniques, which can be applied without interruption to the normal operation of a structure or a machine. These techniques are known as condition monitoring. There is continuous progress in the development and application of NDT methods that are often used in conjunction with CAD and computer-based modeling to match the advances in new materials, component design and new products.

The market is expanding not only for NDT equipment but also the NDT services offered by numerous companies. Some of these companies also offer training in various NDT techniques to customers’ engineers and also certify these engineers. The NDT service market is expanding very fast, especially when there is a shortage of trained and certified engineers.


Companies Mentioned

  • 3Dx-Ray Ltd.
  • Advanced Inspection Technologies Inc.
  • Advanced Ndt Ltd.
  • Bruker Axs GmbH
  • Carestream Health Inc.
  • Comet AG
  • Eddyfi Technologies
  • General Electric Co.
  • Hottinger Brüel & Kjaer GmbH
  • Nikon Corp.
  • Olympus Corp.
  • Rapiscan Systems
  • Shimadzu Corp.
  • Smiths Group Plc
  • Spellman High Voltage Electronics Corp.
  • Thermo Fisher Scientific Inc.
  • Teledyne Technologies Inc.