The global non-destructive testing (NDT) and inspection market reached a value of nearly $8,270.61 million in 2022, having grown at a compound annual growth rate (CAGR) of 2.9% since 2017. The market is expected to grow from $8,270.61 million in 2022 to $11,861.37 million in 2027 at a rate of 7.5%. The market is then expected to grow at a CAGR of 8.2% from 2027 and reach $17,605.54 million in 2032.
Growth in the historic period resulted from emerging markets growth, the increasing adoption of NDT in the aerospace industry and high demand for NDT methodology in the oil and gas industry.
Going forward, rising urbanization, a rise in the research and development activities and growing demand for NDT inspection services for power generation will drive the market. Factors that could hinder the growth of the non-destructive testing (NDT) and inspection market in the future include the impact of the Russia-Ukraine war and the high replacement costs of equipment.
The non-destructive testing (NDT) and inspection market is segmented by technique into magnetic particle testing, ultrasonic testing, visual testing, liquid penetrant testing, eddy-current testing, radiographic testing, acoustic emission testing and other techniques. The ultrasonic testing market was the largest segment of the non-destructive testing (NDT) and inspection market segmented by technique accounting for 26.2% of the total in 2022. Going forward, the ultrasonic testing market is expected to be the fastest growing segment in the non-destructive testing (NDT) and inspection market segmented by technique, at a CAGR of 7.8% during 2022-2027.
The non-destructive testing (NDT) and inspection market is segmented by method into visual inspection, surface inspection, volumetric inspection and other methods. The volumetric inspection market was the largest segment of the non-destructive testing (NDT) and inspection market segmented by method accounting for 47.7% of the total in 2022. Going forward, the volumetric inspection market is expected to be the fastest growing segment in the non-destructive testing (NDT) and inspection market segmented by method, at a CAGR of 7.8% during 2022-2027.
The non-destructive testing (NDT) and inspection market is segmented by vertical into manufacturing, oil and gas, aerospace, public infrastructure, automotive, power generation and other verticals. The manufacturing market was the largest segment of the non-destructive testing (NDT) and inspection market segmented by vertical accounting for 21.8% of the total in 2022. Going forward, the manufacturing market is expected to be the fastest growing segment in the non-destructive testing (NDT) and inspection market segmented by vertical, at a CAGR of 7.8% during 2022-2027.
North America was the largest region in the non-destructive testing (NDT) and inspection market, accounting for 36.1% of the total in 2022. It was followed by Western Europe then the other regions. Going forward, the fastest-growing regions in the non-destructive testing (NDT) and inspection market will be the Middle East and Asia Pacific where growth will be at CAGRs of 23.5% and 5.9% respectively. These will be followed by Eastern Europe and South America where the markets are expected to grow at CAGRs of 3.5% and 3.0% respectively.
The non-destructive testing (NDT) and inspection market is fragmented, with a large number of players. The top ten competitors in the market made up 19.95% of the total market in 2021. The market is expected to change in near future with the adoption of acquisition and merger strategies by the players to enter and expand into newer geographies. SGS Group. was the largest competitor with 3.98% of the market, followed by TEAM Inc with 3.65%, Applus Services with 3.01%, Baker Hughes Company with 2.56%, Mistras Group, Inc. with 2.48%, Acuren Inspection Inc with 2.28%, Intertek Group Plc. with 0.82%, Bureau Veritas S.A. with 0.79%, Yxlon International Gmbh (Comet Holding Ag) with 0.27% MME Group with 0.10%.
The top opportunities in the non-destructive testing (NDT) and inspection market segmented by technique will arise in the ultrasonic testing segment, which will gain $992.3 million of global annual sales by 2027. The top opportunities in segment by method will arise in the volumetric inspection segment, which will gain $1,790.8 million of global annual sales by 2027. The top opportunities in segment by verticals will arise in the manufacturing segment, which will gain $819.2 million of global annual sales by 2027. The non-destructive testing (NDT) and inspection market size will gain the most in the USA at $1,093.3 million.
Market-trend-based strategies for the non-destructive testing (NDT) and inspection market include advancements in digital radiography, increasing ultrasonic testing (UT) innovations, increasing use of robotics and automation, use of infrared thermography, focus on digital NDT and data analytics, and product innovations.
Player-adopted strategies in the non-destructive testing (NDT) and inspection market include strengthening business operations through strategic acquisitions, focus on enhancing operational capabilities through securing new contracts, and focus on strengthening business capabilities through strategic acquisitions.
To take advantage of the opportunities, the publisher recommends the non-destructive testing (NDT) and inspection companies to focus on advancements in digital radiography, focus on ultrasonic testing (UT) innovations, focus on infrared thermography, focus on digital technologies and data analytics, expand in emerging markets, continue to focus on developed markets, focus on partnerships and collaborations, provide competitively priced offerings, participate in trade shows and events, continue to use B2B promotions, and target fast-growing end-use verticals.
Table of Contents
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
6. Introduction and Market Characteristics
6.1. General Market Definition
6.2. Summary
6.3. Non-Destructive Testing (NDT) And Inspection Market Definition And Segmentations
6.4. Market Segmentation By Technique
6.4.1. Magnetic Particle Testing
6.4.2. Ultrasonic Testing
6.4.3. Visual Testing
6.4.4. Liquid Penetrant Testing
6.4.5. Eddy-Current Testing
6.4.6. Radiographic Testing
6.4.7. Acoustic Emission Testing
6.4.8. Other Techniques
6.5. Market Segmentation By Method
6.5.1. Visual Inspection
6.5.2. Surface Inspection
6.5.3. Volumetric Inspection
6.5.4. Other Methods
6.6. Market Segmentation By Vertical
6.6.1. Manufacturing
6.6.2. Oil and Gas
6.6.3. Aerospace
6.6.4. Public Infrastructure
6.6.5. Automotive
6.6.6. Power Generation
6.6.7. Other Verticals
7. Major Market Trends
7.1. Advancements in Digital Radiography
7.2. Increasing Ultrasonic Testing (UT) Innovations
7.3. Increasing Use Of Robotics and Automation
7.4. Use Of Infrared Thermography
7.5. Focus On Digital NDT and Data Analytics
7.6. Product Innovations
8. Global Market Size and Growth
8.1. Market Size
8.2. Historic Market Growth, 2017 - 2022, Value ($ Million)
8.2.1. Market Drivers 2017 - 2022
8.2.2. Market Restraints 2017 - 2022
8.3. Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
8.3.1. Market Drivers 2022 - 2027
8.3.2. Market Restraints 2022 - 2027
9. Global Non-Destructive Testing (NDT) And Inspection Market Segmentation
9.1. Global Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Technique, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
9.2. Global Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Method, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
9.3. Global Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Vertical, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
10. Non-Destructive Testing (NDT) And Inspection Market, Regional and Country Analysis
10.1. Global Non-Destructive Testing (NDT) And Inspection Market, By Region, Historic and Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
10.2. Global Non-Destructive Testing (NDT) And Inspection Market, By Country, Historic and Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11. Asia-Pacific Market
11.1. Summary
11.2. Market Overview
11.2.1. Region Information
11.2.2. Market Information
11.2.3. Background Information
11.2.4. Government Initiatives
11.2.5. Regulations
11.2.6. Regulatory Bodies
11.2.7. Major Associations
11.2.8. Taxes Levied
11.2.9. Corporate Tax Structure
11.2.10. Investments
11.2.11. Major Companies
11.3. Asia-Pacific Non-Destructive Testing (NDT) And Inspection Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.4. Asia-Pacific Non-Destructive Testing (NDT) And Inspection Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.5. Asia-Pacific Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Technique, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.6. Asia-Pacific Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Method, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.7. Asia-Pacific Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Vertical, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.8. Asia-Pacific Non-Destructive Testing (NDT) And Inspection Market: Country Analysis
11.9. China Market
11.10. Summary
11.11. Market Overview
11.11.1. Country Information
11.11.2. Market Information
11.11.3. Background Information
11.11.4. Government Initiatives
11.11.5. Regulations
11.11.6. Regulatory Bodies
11.11.7. Major Associations
11.11.8. Taxes Levied
11.11.9. Corporate tax structure
11.11.10. Investments
11.11.11. Major Companies
11.12. China Non-Destructive Testing (NDT) And Inspection Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.13. China Non-Destructive Testing (NDT) And Inspection Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.14. China Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Technique, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.15. China Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Method, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.16. China Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Vertical, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.17. India Market
11.18. India Non-Destructive Testing (NDT) And Inspection Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.19. India Non-Destructive Testing (NDT) And Inspection Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.20. India Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Technique, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.21. India Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Method, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.22. India Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Vertical, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.23. Japan Market
11.24. Japan Non-Destructive Testing (NDT) And Inspection Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.25. Japan Non-Destructive Testing (NDT) And Inspection Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.26. Japan Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Technique, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.27. Japan Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Method, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.28. Japan Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Vertical, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.29. Australia Market
11.30. Australia Non-Destructive Testing (NDT) And Inspection Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.31. Australia Non-Destructive Testing (NDT) And Inspection Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.32. Australia Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Technique, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.33. Australia Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Method, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.34. Australia Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Vertical, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.35. Indonesia Market
11.36. Indonesia Non-Destructive Testing (NDT) And Inspection Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.37. Indonesia Non-Destructive Testing (NDT) And Inspection Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.38. Indonesia Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Technique, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.39. Indonesia Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Method, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.40. Indonesia Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Vertical, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.41. South Korea Market
11.42. South Korea Non-Destructive Testing (NDT) And Inspection Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.43. South Korea Non-Destructive Testing (NDT) And Inspection Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.44. South Korea Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Technique, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.45. South Korea Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Method, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.46. South Korea Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Vertical, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12. Western Europe Market
12.1. Summary
12.2. Market Overview
12.2.1. Region Information
12.2.2. Market Information
12.2.3. Background Information
12.2.4. Government Initiatives
12.2.5. Regulations
12.2.6. Regulatory Bodies
12.2.7. Major Associations
12.2.8. Taxes Levied
12.2.9. Corporate Tax Structure
12.2.10. Investments
12.2.11. Major Companies
12.3. Western Europe Non-Destructive Testing (NDT) And Inspection Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.4. Western Europe Non-Destructive Testing (NDT) And Inspection Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.5. Western Europe Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Technique, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.6. Western Europe Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Method, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.7. Western Europe Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Vertical, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.8. Western Europe Non-Destructive Testing (NDT) And Inspection Market: Country Analysis
12.9. UK Market
12.10. UK Non-Destructive Testing (NDT) And Inspection Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.11. UK Non-Destructive Testing (NDT) And Inspection Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.12. UK Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Technique, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.13. UK Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Method, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.14. UK Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Vertical, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.15. Germany Market
12.16. Germany Non-Destructive Testing (NDT) And Inspection Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.17. Germany Non-Destructive Testing (NDT) And Inspection Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.18. Germany Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Technique, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.19. Germany Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Method, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.20. Germany Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Vertical, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.21. France Market
12.22. France Non-Destructive Testing (NDT) And Inspection Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.23. France Non-Destructive Testing (NDT) And Inspection Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.24. France Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Technique, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.25. France Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Method, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.26. France Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Vertical, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13. Eastern Europe Market
13.1. Summary
13.2. Market Overview
13.2.1. Region Information
13.2.2. Market Information
13.2.3. Background Information
13.2.4. Government Initiatives
13.2.5. Regulations
13.2.6. Regulatory Bodies
13.2.7. Major Associations
13.2.8. Taxes Levied
13.2.9. Corporate Tax Structure
13.2.10. Investments
13.2.11. Major Companies
13.3. Eastern Europe Non-Destructive Testing (NDT) And Inspection Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
13.4. Eastern Europe Non-Destructive Testing (NDT) And Inspection Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
13.5. Eastern Europe Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Technique, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.6. Eastern Europe Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Method, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.7. Eastern Europe Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Vertical, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.8. Eastern Europe Non-Destructive Testing (NDT) And Inspection Market: Country Analysis
13.9. Russia Market
13.10. Russia Non-Destructive Testing (NDT) And Inspection Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
13.11. Russia Non-Destructive Testing (NDT) And Inspection Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
13.12. Russia Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Technique, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.13. Russia Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Method, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.14. Russia Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Vertical, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14. North America Market
14.1. Summary
14.2. Market Overview
14.2.1. Region Information
14.2.2. Market Information
14.2.3. Background Information
14.2.4. Government Initiatives
14.2.5. Regulations
14.2.6. Regulatory Bodies
14.2.7. Major Associations
14.2.8. Taxes Levied
14.2.9. Corporate Tax Structure
14.2.10. Investments
14.2.11. Major Companies
14.3. North America Non-Destructive Testing (NDT) And Inspection Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
14.4. North America Non-Destructive Testing (NDT) And Inspection Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
14.5. North America Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Technique, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.6. North America Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Method, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.7. North America Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Vertical, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.8. North America Non-Destructive Testing (NDT) And Inspection Market: Country Analysis
14.9. USA Market
14.10. Summary
14.11. Market Overview
14.11.1. Country Information
14.11.2. Market Information
14.11.3. Background Information
14.11.4. Government Initiatives
14.11.5. Regulations
14.11.6. Regulatory Bodies
14.11.7. Major Associations
14.11.8. Taxes Levied
14.11.9. Corporate Tax Structure
14.11.10. Investments
14.11.11. Major Companies
14.12. USA Non-Destructive Testing (NDT) And Inspection Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
14.13. USA Non-Destructive Testing (NDT) And Inspection Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
14.14. USA Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Technique, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.15. USA Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Method, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.16. USA Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Vertical, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15. South America Market
15.1. Summary
15.2. Market Overview
15.2.1. Region Information
15.2.2. Market Information
15.2.3. Background Information
15.2.4. Government Initiatives
15.2.5. Regulations
15.2.6. Regulatory Bodies
15.2.7. Major Associations
15.2.8. Taxes Levied
15.2.9. Corporate Tax Structure
15.2.10. Investments
15.2.11. Major Companies
15.3. South America Non-Destructive Testing (NDT) And Inspection Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
15.4. South America Non-Destructive Testing (NDT) And Inspection Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
15.5. South America Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Technique, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.6. South America Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Method, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.7. South America Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Vertical, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.8. South America Non-Destructive Testing (NDT) And Inspection Market: Country Analysis
15.9. Brazil Market
15.10. Brazil Non-Destructive Testing (NDT) And Inspection Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
15.11. Brazil Non-Destructive Testing (NDT) And Inspection Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
15.12. Brazil Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Technique, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.13. Brazil Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Method, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.14. Brazil Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Vertical, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
16. Middle East Market
16.1. Summary
16.2. Market Overview
16.2.1. Region Information
16.2.2. Market Information
16.2.3. Background Information
16.2.4. Government Initiatives
16.2.5. Regulations
16.2.6. Regulatory Bodies
16.2.7. Major Associations
16.2.8. Taxes Levied
16.2.9. Corporate Tax Structure
16.2.10. Investments
16.2.11. Major Companies
16.3. Middle East Non-Destructive Testing (NDT) And Inspection Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
16.4. Middle East Non-Destructive Testing (NDT) And Inspection Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
16.5. Middle East Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Technique, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
16.6. Middle East Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Method, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
16.7. Middle East Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Vertical, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
17. Africa Market
17.1. Summary
17.2. Market Overview
17.2.1. Region Information
17.2.2. Market Information
17.2.3. Background Information
17.2.4. Government Initiatives
17.2.5. Regulations
17.2.6. Regulatory Bodies
17.2.7. Major Associations
17.2.8. Taxes Levied
17.2.9. Corporate Tax Structure
17.2.10. Investments
17.2.11. Major Companies
17.3. Africa Non-Destructive Testing (NDT) And Inspection Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
17.4. Africa Non-Destructive Testing (NDT) And Inspection Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
17.5. Africa Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Technique, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
17.6. Africa Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Method, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
17.7. Africa Non-Destructive Testing (NDT) And Inspection Market, Segmentation By Vertical, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
18. Competitive Landscape And Company Profiles
19. Company Profiles
19.1. SGS Group
19.1.1. Company Overview
19.1.2. Products And Services
19.1.3. Business Strategy
19.1.4. Financial Overview
19.2. TEAM Inc
19.2.1. Company Overview
19.2.2. Products And Services
19.2.3. Financial Overview
19.3. Applus Services, S.A
19.3.1. Company Overview
19.3.2. Products And Services
19.3.3. Business Strategy
19.3.4. Financial Overview
19.4. Baker Hughes Company
19.4.1. Company Overview
19.4.2. Products And Services
19.4.3. Business Strategy
19.4.4. Financial Overview
19.5. Mistras Group, Inc.
19.5.1. Company Overview
19.5.2. Products And Services
19.5.3. Financial Overview
20. Key Mergers and Acquisitions
20.1. Baker Hughes Company Acquired Quest Integrity
20.2. Innerspec Technologies Inc. Acquired Tecnatom SA
20.3. Acuren Acquired Premium Inspection and Testing Group
20.4. Eddyfi/NDT Acquired Zetec
20.5. Intertek Group plc Acquired SAI Global
20.6. Eddyfi/NDT Acquired Halfwave
21. Opportunities And Strategies
21.1. Global Non-Destructive Testing (NDT) And Inspection Market In 2027 - Countries Offering Most New Opportunities
21.2. Global Non-Destructive Testing (NDT) And Inspection Market In 2027 - Segments Offering Most New Opportunities
21.3. Global Non-Destructive Testing (NDT) And Inspection Market In 2027 - Growth Strategies
21.3.1. Market Trend Based Strategies
21.3.2. Competitor Strategies
22. Non-Destructive Testing (NDT) And Inspection Market, Conclusions And Recommendations
22.1. Conclusions
22.2. Recommendations
22.2.1. Product
22.2.2. Place
22.2.3. Price
22.2.4. Promotion
22.2.5. People
23. Appendix
23.1. Market Data Sources
23.2. Research Methodology
23.3. Currencies
23.4. About the Publisher
23.5. Copyright and Disclaimer
Executive Summary
Non-Destructive Testing (NDT) and Inspection Global Market Opportunities and Strategies To 2032 provides the strategists; marketers and senior management with the critical information they need to assess the global non-destructive testing (NDT) and inspection market as it emerges from the COVID-19 shut down.Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12 geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
Description:
Where is the largest and fastest growing market for non-destructive testing (NDT) and inspection? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The non-destructive testing (NDT) and inspection market global report answers all these questions and many more.The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider non-destructive testing (NDT) and inspection market; and compares it with other markets.
The report covers the following chapters:
- Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions, and explanations about the non-destructive testing (NDT) and inspection market.
- Key Trends - Highlights the major trends shaping the global non-destructive testing (NDT) and inspection market. This section also highlights likely future developments in the market.
- Global Market Size and Growth - Global historic (2017-2022) and forecast (2022-2027), and (2027-2032) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional Analysis - Historic (2017-2022) and forecast (2022-2027), and (2027-2032) market values and growth and market share comparison by region.
- Market Segmentation - Contains the market values (2017-2032) and analysis for each segment by technique, by method and by vertical in the market.
- Regional Market Size and Growth - Regional market size (2022), historic (2017-2022) and forecast (2022-2027), and (2027-2032) market values, and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Key Mergers and Acquisitions - Information on recent mergers and acquisitions in the market is covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
- Market Opportunities and Strategies - This section includes market opportunities and strategies based on findings of the research. This section also gives information on growth opportunities across countries, segments and strategies to be followed in those markets. It gives an understanding of where there is significant business to be gained by competitors in the next five years.
- Conclusions and Recommendations - This section includes conclusions and recommendations based on findings of the research. This section also gives recommendations for non-destructive testing (NDT) and inspection providers in terms of product/service offerings, geographic expansion, marketing strategies and target group.
- Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Scope:
Markets Covered:
1) By Technique: Magnetic Particle Testing; Ultrasonic Testing; Visual Testing; Liquid Penetrant Testing; Eddy-Current Testing; Radiographic Testing; Acoustic Emission Testing; Other Techniques2) By Method : Visual Inspection; Surface Inspection; Volumetric Inspection; Other Methods
3) By Vertical: Manufacturing; Oil and Gas; Aerospace; Public Infrastructure; Automotive; Power Generation; Other Verticals
Companies Mentioned: SGS Group; TEAM Inc; Applus Services; Baker Hughes Company; Mistras Group, Inc.
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; non-destructive testing (NDT) and inspection indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- SGS Group
- TEAM Inc
- Applus Services
- Baker Hughes Company
- Mistras Group, Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 331 |
| Published | August 2023 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 8270.6 Million |
| Forecasted Market Value ( USD | $ 17605.5 Million |
| Compound Annual Growth Rate | 7.8% |
| Regions Covered | Global |
