A Comprehensive research study conducted by KD Market Insights on “ Nondestructive Testing Equipment Market“ report offers extensive and highly detailed historical, current and future market trends in the Global And regional /market. The Nondestructive Testing Equipment Market report includes market size, growth drivers, barriers, opportunities, trends and other information which helps to find new opportunities in this market for the growth of the business through new technologies and developments.
Nondestructive testing (NDT) is the application of measurement techniques to identify defect and discontinuity in material, component, or structure. Nondestructive testing market is expected to witness considerable growth due to continuous evolution in robotics, automation, oil & gas, and electronics industry coupled with growth in need for quality-assured machines.
Request for Sample @ https://www.kdmarketinsights.com/sample/3417
North America is one of the major contributors to the global NDT equipment market. Improvements in the NDT process by means of new technologies have attracted key players of this equipment market from various regions. Construction and manufacturing activity in this region drive the growth of the non-destructive testing equipment market. The rapid growth of power generation, oil & gas, and aerospace & defense industries is one of the major factors that drives the growth of the market. Growth of the non-destructive equipment market in the U.S. is primarily attributed to the increase in demand for oil & gas and power generation industries with adoption of new technologies.
The market growth is supplemented by increase in stringent safety government regulations across different geographic regions due to rise in incidences of infrastructural failures, increase in need for extending the life of obsolete infrastructure, maintenance optimization by various industries for efficient operations, and quality/safety assurance. However, high cost of equipment and lack of skilled technicians are the factors projected to impede the market growth.
Increase in usage of advanced materials is expected to provide lucrative opportunities for the market growth.
The NDT equipment market is segmented based on testing method, technique, industry vertical, and region. Based on testing method, it is divided into ultrasonic testing, radiography testing, visual inspection testing, magnetic particle testing & electromagnetic testing, eddy-current testing, liquid penetrant testing, and others. Based on nondestructive examination (NDE) techniques, it is categorized into volumetric examination, surface examination, and others. Based on industry vertical, the market is categorized into oil & gas, energy & power, aerospace & defense, automotive & transportation, infrastructure, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in this report include Olympus Corporation, Intertek Group PLC, SGS SA, Ashtead Technology Inc., General Electric, Sonatest Ltd., Zetec, Inc., Nikon Metrology Inc., Mistras Group Inc., and Carestream Health.
These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.
Key Benefits for Non-destructive Testing Equipment Market :
– This study includes the analytical depiction of the global NDT equipment along with the current trends and future estimations to determine the imminent investment pockets.
– The report presents information regarding the key drivers, restraints, and opportunities.
– The current market is quantitatively analyzed from 2017 to 2025 to highlight the financial competency of the industry.
– Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
Non-destructive Testing Equipment Market Segmentation:
By Testing Method
– Ultrasonic Testing
– Radiography Testing
– Visual Inspection Testing
– Magnetic Particle Testing & Electromagnetic Testing
– Eddy-Current Testing
– Liquid Penetrant Testing
– Volumetric Examination
– Surface Examination
By Industry Vertical
– Oil & Gas
– Energy & power
– Aerospace & Defense
– Automotive & transportation
– Rest of Europe
– South Korea
– Rest of Asia-Pacific
– Latin America
– Middle East
Key Market Players Profiled
– Olympus Corporation
– Intertek Group PLC
– SGS SA
– Ashtead Technology Inc.
– General Electric
– Sonatest Ltd
– Zetec, Inc.
– Nikon Metrology NV
– Mistras Group Inc.
– Carestream Health
Browse Full Report with TOC @ https://www.kdmarketinsights.com/product/nondestructive-testing-equipment-market-amr
Table of Contents:
1.2.KEY BENEFITS FOR STAKEHOLDERS
1.3.KEY MARKET SEGMENTS
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
CHAPTER 3:MARKET OVERVIEW
3.1.MARKET DEFINITION AND SCOPE
3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.2.3.Top winning strategies
3.3.PORTERS FIVE FORCES ANALYSIS
3.4.MARKET SHARE ANALYSIS (2017)
220.127.116.11.Increase in oil & gas and power generation projects
18.104.22.168.Stringent safety government regulations
22.214.171.124.Maintenance optimization by various industries to ensure safety and efficient performance of the machines
126.96.36.199.Increase in need for extending the life of obsolete infrastructure
188.8.131.52.Lack of skilled and qualified professionals
184.108.40.206.Increase in use of advanced NDT equipment
CHAPTER 4:NONDESTRUCTIVE TESTING EQUIPMENT MARKET, BY TESTING METHOD
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Long Range Ultrasonic Testing
4.2.4.Time of Flight Diffraction
4.2.5.Phased Array Ultrasonic Testing
4.2.7.Market analysis by country
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.9.Market analysis by country
4.4.VISUAL INSPECTION TESTING
4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis by country
4.5.MAGNETIC PARTICLE TESTING & ELECTROMAGNETIC TESTING
4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis by country
4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast, by region
4.6.3.Market analysis by country
4.7.LIQUID PENETRANT TESTING
4.7.1.Key market trends, growth factors, and opportunities
4.7.2.Market size and forecast, by region
4.7.3.Market analysis by country
4.8.1.Key market trends, growth factors, and opportunities
4.8.2.Market size and forecast, by region
4.8.3.Market analysis by country
CHAPTER 5:NONDESTRUCTIVE TESTING EQUIPMENT MARKET, BY TECHNIQUE
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis by country
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis by country
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis by country
CHAPTER 6:NONDESTRUCTIVE TESTING EQUIPMENT MARKET, BY INDUSTRY VERTICAL
6.2.OIL & GAS
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis by country
6.3.ENERGY & POWER
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis by country
6.4.AEROSPACE & DEFENSE
6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis by country
6.5.AUTOMOTIVE & TRANSPORTATION
6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market analysis by country
6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market size and forecast, by region
6.6.3.Market analysis by country
6.7.1.Key market trends, growth factors, and opportunities
6.7.2.Market size and forecast, by region
6.7.3.Market analysis by country
KD Market Insights offers a comprehensive database of syndicated research studies, customized reports, and consulting services. These reports are created to help in making smart, instant and crucial decisions based on extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Our dedicated in-house team ensures the reports satisfy the requirement of the client. We aim at providing value service to our clients. Our reports are backed by extensive industry coverage and is made sure to give importance to the specific needs of our clients. The main idea is to enable our clients to make an informed decision, by keeping them and ourselves up to date with the latest trends in the market.
KD Market Insights
150 State Street, Albany,
New York, USA 12207
Telephone: +1 (518) 300-1215
Email: [email protected]