Non Destructive Testing (NDT) Methods

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Non Destructive Testing (NDT) Methods Market
Report-Forecast 2023
Non-Destructive Testing Services Market Forecast
2023
P a g e 1 Copyright 2017
Market Research Future.
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Non-Destructive Testing Services Market Forecast
2023
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Non-Destructive Testing Services Market Forecast
2023 Summary Non-destructive testing services
market is estimated to exhibit high growth
potential during the forecast period owing to
the high demand across industry verticals. Rising
demand among the end-use industries for
non-destructive testing services drives the
growth of the market. Additionally, innovation
and advancement in technology and increasing
market for non-destructive testing services is
adding fuel to the growth of the non-destructive
testing services market. The Non Destructive
Testing (NDT) Methods is segmented by type,
technique, application and vertical. The
vertical segment is further classified into
aerospace defense, automotive, oil gas,
infrastructure, and power. The aerospace
defense sub-segment is expected to hold the
largest market share of the overall non-
destructive testing services market during the
forecast period. This is owing to the increasing
demand for non-destructive testing services
market in the aerospace and defense sector.
These non-destructive testing services help in
ensuring safety during the production of complex
aircraft accessories. However, the high costs of
advanced non-destructive testing equipment and
technical complexities involved in
implementation of non-destructive testing are the
major factors that could hinder the growth of
Non Destructive Testing (NDT) Methods. other
factors such as the lack of awareness and
skilled personnel may also hamper the market
growth.
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Non-Destructive Testing Services Market Forecast
2023 Major Key Players Some of the prominent
players in the Non Destructive Testing (NDT)
Methods are MISTRAS Group, Inc. (U.S.), Olympus
Corporation (Japan), GE Inspection Technologies
(U.S.), Intertek Group PLC (U.K.), SGS S.A.
(Switzerland), Olympus Corporation (Japan),
Nikon Metrology, Inc. (U.S.), Ashtead Technology,
Inc. (U.S.), Sonatest Ltd. (U.K), Bosello High
Technology S.R.L. (Italy), and Fujifilm Holdings
Corporation (Japan).
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Non-Destructive Testing Services Market Forecast
2023
Segmentation The Non Destructive Testing (NDT)
Methods is segmented by type, technique, applicati
on and vertical. By product, the market is
segmented into traditional non- destructive
testing services and advanced non-destructive
testing services. By type, the market is
segmented into ultrasonic testing services,
radiography testing services, liquid penetrant
testing services, magnetic particle testing
services, eddy-current testing services, and
visual inspection services. By
application, the market is segmented into
flaw detection, leak detection, dimensional
measurement, estimation of physical properties,
chemical composition determination, and stress
structure analysis. Whereas, based on vertical,
the market is segmented into aerospace
defense, automotive, oil gas, infrastructure,
and power.
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Non-Destructive Testing Services Market Forecast
2023 Regional Analysis The Non Destructive
Testing (NDT) Methods is studied in Asia Pacific,
North America, Europe, and Rest of the World. It
has been observed that North America is
estimated to account for the largest market
share, whereas Asia Pacific is projected to grow
at the fastest rate during the forecast period.
The growth of North America market is attributed
to technological advancements and the increased
adoption of non-destructive testing service
applications across industry verticals.