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Non-Destructive Testing Market by Solution, Method, End-User - Global Forecast to 2028

  • ID: 5464305
  • Report
  • March 2021
  • Region: Global
  • 253 Pages
  • Meticulous Market Research Pvt. Ltd.

FEATURED COMPANIES

  • Carestream Health
  • Eddfyi Technologies
  • Intertek Group Plc
  • Magnaflux Corporation
  • Mistras Group Inc.
  • Nikon Metrology Inc.
Non-Destructive Testing (NDT) Market by Solution (Instruments, Software, Testing Services), Method (Volumetric, Surface Examination), End-User (Oil & Gas, Automotive & Heavy Engineering, Aerospace & Defense, Power Generation)- Global Forecast to 2028

The global non-destructive testing (NDT) market is expected to grow at a CAGR of 7.4% from 2021 to 2028 to reach $15.07 billion by 2028.

Succeeding an extensive secondary and primary research and in-depth analysis of the market scenario, the report carries out an impact analysis of the key industry drivers, restraints, and opportunities. Factors such as stringent government regulations regarding the safety of assets, rising need to assess the structural integrity of aging infrastructure, and application of advanced materials in manufacturing processes are driving the growth of this market. However, the lack of proper training for NDT personnel and high cost of NDT equipment, maintenance, and inventory are expected to hinder the growth of this market to a certain extent.

The global non-destructive testing market is segmented based on solution (instruments, software, testing services, and ancillary services), method (volumetric examination, surface examination, visual examination, and others), and end user (oil & gas, automotive & heavy engineering, aerospace & defense, power generation, manufacturing, public infrastructure, medical & healthcare, and others). The study also evaluates industry competitors and analyses the market at the country and regional level.

Based on solution, the NDT market is segmented into instruments, software, testing services, and ancillary services. In 2021, the testing services segment is expected to command the largest share of the non-destructive testing market. The large share of this segment can be attributed to factors such as increasing demand for safety standards in process industries, assessing the health of aging public infrastructure, and increasing efficiency of assets in industries.

Based on method, the NDT market has been categorized into volumetric examination, surface examination, visual examination, and others. In 2021, the volumetric examination segment is projected to command the largest share of the market. The widespread use of volumetric examination in the oil & gas industry for the inspection of pipelines is one of the major drivers for the growth of this segment.

Based on end user, the NDT market has been divided oil & gas, automotive & heavy engineering, aerospace & defense, power generation, manufacturing, public infrastructure, medical & healthcare, and others. In 2021, the oil & gas sector is poised to account for the largest share of the market. This large share can be attributed to the increasing demand for energy; growing importance of safety, integrity, reliability of plant & machineries; and various environmental protection laws and other regulations.

On the basis of geography, the NDT market was segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa). In 2021, North America is expected to account for the largest share of the global non-destructive testing market, followed by Asia-Pacific.

The key players operating in the global non-destructive testing market are Mistras Group Inc. (U.S.), Olympus Corporation (Japan), Nikon Metrology Inc. (U.S.), Magnaflux Corporation (U.S.), Zetec Inc. (U.S.), Eddfyi Technologies (Canada), YXLON International GmbH (Germany), Sonatest Ltd. (U.K.), Carestream Health (U.S.), Intertek Group Plc (U.K.), and SGS SA (U.S.).

Non-destructive Testing Market Scope

By Solution

  • Instrumentation
  • Detectors
  • Transducers & Probes
  • Gauges
  • Scanners
  • Microscopes
  • Others (UV Lamps, Indicators, & Meters)
  • Software
  • Testing Services
  • Acoustic Emission Testing
  • Eddy Current Testing
  • Alternating Current Field Measurement (ACFM)
  • Remote-Field Testing (RFT)
  • Eddy-Current Array (ECA)
  • Magnetic Particle Testing
  • Liquid Penetrant Testing
  • Radiography Testing
  • X-ray Testing
  • Gamma-Ray Testing
  • Computed Radiography
  • Film Radiography
  • Direct Radiography (Real-time)
  • Ultrasonic Testing
  • Straight Beam Testing
  • Angle Beam Testing
  • Immersion Testing
  • Guided Wave Testing
  • Phased Array Testing
  • Time-of-flight Diffraction (TOFD)
  • Visual Testing
  • Unaided Visual Inspection
  • Aided Visual Inspection
  • Others
  • Ancillary Services
  • Equipment Rental Services
  • Training Services
  • Calibration Services

By End User

  • Oil & Gas
  • Automotive & Heavy Engineering
  • Aerospace and Defense
  • Power Generation
  • Manufacturing
  • Public Infrastructure
  • Medical & Healthcare
  • Others

By Method

  • Volumetric Examination
  • Surface Examination
  • Visual Examination
  • Others

By Geography

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • U.K
  • France
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • Rest of Asia-Pacific (RoAPAC)
  • Latin America
  • Middle East and Africa
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Carestream Health
  • Eddfyi Technologies
  • Intertek Group Plc
  • Magnaflux Corporation
  • Mistras Group Inc.
  • Nikon Metrology Inc.
1. Introduction
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency and Limitations
1.4. Key Stakeholders

2. Research Methodology
2.1. Research Process
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.3. Market Assessment
2.3.1. Market Size Estimation
2.3.1.1. Bottom-Up Approach
2.3.1.2. Growth forecast
2.3.1.3. COVID-19: Impact Assessment
2.4. Assumptions for the Study

3. Executive Summary

4. The Impact of COVID-19
4.1. Introduction
4.2. The Impact of COVID-19 on end users in the NDT Market
4.2.1. The Impact of COVID-19 on the NDT Market for the Automotive Industry
4.2.2. The Impact of COVID-19 on the NDT Market for the Oil & Gas Industry
4.2.3. The Impact of COVID-19 on the NDT Market for the Aerospace Industry
4.2.4. The Impact of COVID-19 on the NDT Market for the Energy & Power Industry
4.3. Scenario A: Severe Impact
4.4. Scenario B: Slow Recovery
4.5. Scenario C: Fast Recovery

5. Market Insights
5.1. Introduction
5.2. Market Dynamics
5.2.1. Non-Destructive Testing Market Drivers: Impact Analysis
5.2.1.1. Stringent Government Regulations for Asset Safety
5.2.1.2. Rising Need to Assess the Structural Integrity of Aging Infrastructure and Assets
5.2.1.3. Growing Use of Advanced Materials in Manufacturing Processes
5.2.2. Non-Destructive Testing Market Restraints: Impact Analysis
5.2.2.1. Lack of Skilled NDT Personnel
5.2.2.2. High Equipment and Maintenance Costs
5.2.3. Non-Destructive Testing Market Opportunities: Impact Analysis
5.2.3.1. Technological Advancements in NDT
5.2.3.2. Infrastructural Expansion Worldwide
5.2.4. Non-Destructive Testing Market Challenges: Impact Analysis
5.2.4.1. Reluctance toward Adopting NDT
5.3. Non-Destructive Testing Market Trends
5.3.1. Growing Use of Drones for Non-Destructive Testing
5.3.2. Integration of NDT Equipment with Asset Performance Management Software
5.4. Value Chain Analysis

6. Global Non-Destructive Testing Market, by Offering
6.1. Introduction
6.2. Testing Services
6.2.1. Ultrasonic Testing Services
6.2.1.1. Straight Beam Testing Services
6.2.1.2. Time-of-Flight Diffraction (TOFD) Testing Services
6.2.1.3. Immersion Testing Services
6.2.1.4. Angle Beam Testing Services
6.2.1.5. Phased Array Testing Services
6.2.1.6. Guided Wave Testing Services
6.2.2. Magnetic Particle Testing Services
6.2.3. Radiographic Testing Services
6.2.3.1. X-Ray Testing Services
6.2.3.2. Computed Radiography Testing Services
6.2.3.3. Direct Radiography (Real-Time) Testing Services
6.2.3.4. Film Radiography Testing Services
6.2.3.5. Gamma Ray Testing Services
6.2.4. Acoustic Emission Testing Services
6.2.5. Eddy Current Testing Services
6.2.5.1. Eddy Current Array (ECA) Testing Services
6.2.5.2. Alternating Current Field Measurement (ACFM) Testing Services
6.2.5.3. Remote-Field Testing (RFT) Services
6.2.6. Visual Testing Services
6.2.6.1. Aided Visual Inspection Services
6.2.6.2. Unaided Visual Inspection Services
6.2.7. Liquid Penetrant Testing Services
6.2.8. Other Non-Destructive Testing Services
6.3. Instruments
6.3.1. Detectors
6.3.2. Transducers & Probes
6.3.3. Scanners
6.3.4. Microscopes
6.3.5. Gauges
6.3.6. Other NDT Instruments
6.4. Ancillary Services
6.4.1. Calibration Services
6.4.2. Training Services
6.4.3. Equipment Rental Services
6.5. Software

7. Global Non-Destructive Testing Market, by Method
7.1. Introduction
7.2. Volumetric Examination
7.3. Surface Examination
7.4. Visual Examination
7.5. Other Examination Methods

8. Global Non-Destructive Testing Market, by End User
8.1. Introduction
8.2. Oil & Gas
8.3. Power Generation
8.4. Manufacturing
8.5. Aerospace & Defense
8.6. Automotive & Heavy Engineering
8.7. Public Infrastructure
8.8. Healthcare
8.9. Other End Users

9. Global Non-Destructive Testing Market, by Geography
9.1. Introduction
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.3. Europe
9.3.1. U.K.
9.3.2. Germany
9.3.3. France
9.3.4. Italy
9.3.5. Spain
9.3.6. Rest of Europe
9.4. Asia-Pacific
9.4.1. China
9.4.2. Japan
9.4.3. India
9.4.4. Rest of Asia-Pacific
9.5. Latin America
9.6. Middle-East & Africa

10. Competitive Landscape
10.1. Introduction
10.2. Key Growth Strategies
10.3. Competitive Benchmarking
10.4. Market Share Analysis
10.4.1. SGS SA
10.4.2. Intertek Group Plc.
10.4.3. Olympus Corporation.

11. Company Profiles (Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)
11.1. SGS SA
11.2. Intertek Group Plc
11.3. Olympus Corporation
11.4. MISTRAS Group, Inc.
11.6. Magnaflux (Part of Illinois tool Works Inc.)
11.7. Zetec, Inc.
11.8. Eddyfi
11.9. YXLON International GmbH
11.10. Sonatest Ltd.
11.11. Carestream Health

12. Appendix
12.1. Questionnaire
12.2. Available Customization
Note: Product cover images may vary from those shown
  • Mistras Group Inc.
  • Olympus Corporation
  • Nikon Metrology Inc.
  • Magnaflux Corporation
  • Zetec Inc.
  • Eddfyi Technologies
  • YXLON International GmbH
  • Sonatest Ltd.
  • Carestream Health
  • Intertek Group Plc
  • SGS SA
Note: Product cover images may vary from those shown