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The nondestructive testing (NDT) equipment market is forecasted to grow by $848.26 mn during 2022-2027, accelerating at a CAGR of 5.95% during the forecast period. The report on the nondestructive testing (NDT) equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in oil and gas and power generation projects, growing regulatory compliance requirements for preventing accidents, and growing demand for RVI in aerospace industry.
The nondestructive testing (NDT) equipment market is segmented as below:
By Product Type
- Ultrasonic testing equipment
- Radiography testing equipment
- Visual testing equipment
- Others
By End-user
- Oil and gas
- Power generation
- Aerospace and defense
- Automotive and transportation
- Others
By Geography
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the nondestructive testing(NDT) equipment market covers the following areas:
- Nondestructive testing (NDT) equipment market sizing
- Nondestructive testing (NDT) equipment market forecast
- Nondestructive testing (NDT) equipment market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global nondestructive testing (NDT) equipment market: Acuren, Ashtead technology, Carl Zeiss AG, Eddyfi NDT Inc., FPrimeC Solutions Inc., FUJIFILM Corp., General Electric Co., HELMUT FISCHER GMBH INSTITUT FUR ELEKTRONIK UND MESSTECHNIK, Illinois Tool Works Inc., Labquip NDT Ltd., Mistras Group Inc., MME Group, Nikon Corp., Roper Technologies Inc., Sonatest Inc., TWI Ltd., YXLON International GmbH, Zetec Inc., Cygnus Instruments Ltd., and Olympus Corp.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is rising demand for ultrasonic testing equipment.'
According to the report, one of the major drivers for this market is the increase in oil and gas and power generation projects.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Acuren
- Ashtead technology
- Carl Zeiss AG
- Eddyfi NDT Inc.
- FPrimeC Solutions Inc.
- FUJIFILM Corp.
- General Electric Co.
- HELMUT FISCHER GMBH INSTITUT FUR ELEKTRONIK UND MESSTECHNIK
- Illinois Tool Works Inc.
- Labquip NDT Ltd.
- Mistras Group Inc.
- MME Group
- Nikon Corp.
- Roper Technologies Inc.
- Sonatest Inc.
- TWI Ltd.
- YXLON International GmbH
- Zetec Inc.
- Cygnus Instruments Ltd.
- Olympus Corp.
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