Report

non destructive testing market

Non-Destructive Testing Market by Offering (Non-destructive Testing Services and Non-destructive Testing Equipment), Testing Method (Visual Testing, Liquid Penetrant Testing, Ultrasonic Testing, Magnetic Particle Testing, Eddy Current Testing, and Radiographic Testing), Vertical (Oil & Gas, Aerospace and Defense, Construction, Manufacturing, Automotive, Power Generation and Others) and Geography – Global Forecast up to 2026

pages Pages: 95
tables Tables: 103
charts Charts: 69
country Regions/Countries: 4/10
compaines Companies: 14
enqhours Enquiry Hours: 10
  • Get Free 10% Customization in this Report

COVID - 19

Covid impact updated reports at special price

The increase in manufacturing activities amongst the emerging and the developed nations are projected to drive the non-destructive testing market over the estimated period. Moreover, technological innovations have controlled advanced non-destructive testing processes with enhanced fault detection and safety. Also, growing awareness amongst the manufacturers regarding non-destructive testing is anticipated to expand the penetration of NDT techniques over the estimated period. Projects deploying non-destructive testing techniques are accomplished in a lesser amount of time due to fault detection at complex locations and irregular surfaces. Therefore, considerably reducing the possibility of failures, which, in turn, is expected to fuel their demand over the estimated period. Also, the efficiency of fault detection and the ease of operating ultrasonic equipment, compared to other non-destructive testing equipment, are the main reasons leading to the growing deployment of the ultrasonic test method. The Non-Destructive Testing Market is expected to grow at the rate of 6.9% CAGR by 2026.

Research Methodology:

The Non-Destructive Testing Market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology and a unique balance of primary insights. The real-time valuation of the market is an integral part of our forecasting and market sizing methodology. Industry experts and our primary participants have helped to compile related aspects with accurate parametric estimations for a complete study. The primary participants share is given below:

Non-Destructive Testing Market

Non-Destructive Testing Market by Vertical

  • Oil & Gas
  • Manufacturing
  • Aerospace and Defense
  • Construction
  • Automotive
  • Power Generation
  • Others

Non-Destructive Testing Market by Test Method

  • Visual Testing
  • Magnetic Particle Testing
  • Liquid Penetrant Testing
  • Eddy Current Testing
  • Ultrasonic Testing
  • Radiographic Testing

Non-Destructive Testing Market by Offering

  • Non-destructive Equipment
  • Non-destructive Testing Services

Non-Destructive Testing Market by Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

The test ultrasonic testing method segment is anticipated to rise as the fastest-growing test method segment in the non-destructive testing market. This development is qualified for the growing implementation of ultrasonic detectors in manufacturing processes. These ultrasonic detectors are portable, easy to use, and exact results compared to traditional non-destructive testing techniques. The adoption of ultrasonic testing is refining rapidly and is anticipated to expand over the estimated period.

The high upfront cost of non-destructive equipment, joined with technical difficulties complicated in their deployment/installation, is the major reason influencing end-users to outsource their non-destructive testing operations. In addition, a lack of an expert workforce to perform non-destructive testing is another factor limiting new installations of non-destructive testing equipment internationally. Stringent government regulations regarding work safety are supplementary influencing end-users to outsource their non-destructive testing operations to third-party service providers.

Based on vertical non-destructive testing has been customarily used broadly in oil and gas applications. Test methods like ultrasonic and eddy current have been used to detect cracks in the pipes, both underground and elevated. But with growing awareness, non-destructive testing techniques are being deployed in various applications like defense, aerospace, and automotive manufacturing.

Furthermore, power generation using shale oil in the U.S. and Canada is anticipated to impact the development rate in the region positively. Besides, the rising emphasis on non-destructive testing to avoid unanticipated failures of systems is anticipated to drive the regional market.

This report gives the profiles of companies leading the Non-Destructive Testing market: General Electric, Nikon Metrology NV, Olympus Corp, Mistras Group, Yxlon International GmbH; Sonatest Ltd, Eddyfi Technologies; Zetec Inc. Fischer Technologies Inc.; and Ashtead Technology Ltd.

  • This report offers an overall analysis of the Non-Destructive Testing market growth drivers, restraints.
  • This report represents the market developments, such as new product launches, mergers and acquisitions, diversification, and joint ventures of the market players.
  • This report also describes all potential segments and sub-segments present in the market to help the companies in strategic business planning.
  • This report also gives the regional analysis of the Non-Destructive Testing market in terms of market penetration across the world.
  1. Executive Summary
  2. Industry Outlook
    1. Industry Overview
    2. Industry Trends
  3. Market Snapshot
    1. Market Definition
    2. Market Outlook
      1. Porter Five Forces
    3. Related Markets
  4. Market characteristics
    1. Market Overview
    2. Market Segmentation
    3. Market Dynamics
      1. Drivers
      2. Restraints
      3. Opportunities
    4. DRO - Impact Analysis
  5. Offering: Market Size & Analysis
    1. Overview
    2. Non-destructive Testing Services
    3. Non-destructive Testing Equipment
  6. Testing Method: Market Size & Analysis
    1. Overview
    2. Visual Testing
    3. Magnetic Particle Testing
    4. Liquid Penetrant Testing
    5. Eddy Current Testing
    6. Ultrasonic Testing
    7. Radiographic Testing
  7. Vertical: Market Size & Analysis
    1. Overview
    2. Oil & Gas
    3. Manufacturing
    4. Aerospace and Defense
    5. Construction
    6. Automotive
    7. Power Generation
    8. Others
  8. Geography: Market Size & Analysis
    1. Overview
    2. North America
    3. Europe
    4. Asia Pacific
    5. Rest of the World
  9. Competitive Landscape
    1. Competitor Comparison Analysis
    2. Market Developments
      1. Mergers and Acquisitions, Legal, Awards, Partnerships
      2. Product Launches and execution
  10. Vendor Profiles
    1. General Electric
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    2. Bosello High Technology SRL
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    3. Olympus Corporation
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    4. Cygnus Instruments Ltd.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    5. T.D. Williamson Inc.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    6. Fischer Technology Inc.
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    7. YXLON International
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    8. Sonatest
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    9. MISTRAS Group
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
    10. Nikon Metrology
      1. Overview
      2. Financial Overview
      3. Product Offerings
      4. Developments
      5. Business Strategy
  11. Companies to Watch
    1. Ashtead Technology
      1. Overview
      2. Products & Services
      3. Business Strategy
    2. Zetec, Inc.
      1. Overview
      2. Products & Services
      3. Business Strategy
    3. Eddyfi
      1. Overview
      2. Products & Services
      3. Business Strategy
    4. Magnaflux
      1. Overview
      2. Products & Services
      3. Business Strategy
  12. Analyst Opinion
  13. Annexure
    1. Report Scope
    2. Market Definitions
    3. Research Methodology
      1. Data Collation and In-house Estimation
      2. Market Triangulation
      3. Forecasting
    4. Report Assumptions
    5. Declarations
    6. Stakeholders
    7. Abbreviations

TABLE 1.           GLOBAL NON-DESTRUCTIVE TESTING MARKET VALUE, BY OFFERING, 2020-2026 (USD BILLION)

TABLE 2.           GLOBAL NON-DESTRUCTIVE TESTING MARKET VALUE FOR NON-DESTRUCTIVE TESTING SERVICES, BY GEOGRAPHY, 2020-2026 (USD BILLION)

TABLE 3.           GLOBAL NON-DESTRUCTIVE TESTING MARKET VALUE FOR NON-DESTRUCTIVE TESTING EQUIPMENT, BY GEOGRAPHY, 2020-2026 (USD BILLION)

TABLE 4.           GLOBAL NON-DESTRUCTIVE TESTING MARKET VALUE, BY TESTING METHOD, 2020-2026 (USD BILLION)

TABLE 5.           GLOBAL NON-DESTRUCTIVE TESTING MARKET VALUE FOR VISUAL TESTING, BY GEOGRAPHY, 2020-2026 (USD BILLION)

TABLE 6.           GLOBAL NON-DESTRUCTIVE TESTING MARKET VALUE FOR MAGNETIC PARTICLE TESTING, BY GEOGRAPHY, 2020-2026 (USD BILLION)

TABLE 7.           GLOBAL NON-DESTRUCTIVE TESTING MARKET VALUE FOR LIQUID PENETRANT TESTING, BY GEOGRAPHY, 2020-2026 (USD BILLION)

TABLE 8.           GLOBAL NON-DESTRUCTIVE TESTING MARKET VALUE FOR EDDY CURRENT TESTING, BY GEOGRAPHY, 2020-2026 (USD BILLION)

TABLE 9.           GLOBAL NON-DESTRUCTIVE TESTING MARKET VALUE FOR ULTRASONIC TESTING, BY GEOGRAPHY, 2020-2026 (USD BILLION)

TABLE 10.         GLOBAL NON-DESTRUCTIVE TESTING MARKET VALUE FOR RADIOGRAPHIC TESTING, BY GEOGRAPHY, 2020-2026 (USD BILLION)

TABLE 11.         GLOBAL NON-DESTRUCTIVE TESTING MARKET VALUE, BY VERTICAL, 2020-2026 (USD BILLION)

TABLE 12.         GLOBAL NON-DESTRUCTIVE TESTING MARKET VALUE FOR OIL & GAS, 2020-2026 (USD BILLION)

TABLE 13.         GLOBAL NON-DESTRUCTIVE TESTING MARKET VALUE FOR MANUFACTURING, BY GEOGRAPHY, 2020-2026 (USD BILLION)

TABLE 14.         GLOBAL NON-DESTRUCTIVE TESTING MARKET VALUE FOR AEROSPACE AND DEFENSE, BY GEOGRAPHY, 2020-2026 (USD BILLION)

TABLE 15.         GLOBAL NON-DESTRUCTIVE TESTING MARKET VALUE FOR CONSTRUCTION, BY GEOGRAPHY, 2020-2026 (USD BILLION)

TABLE 16.         GLOBAL NON-DESTRUCTIVE TESTING MARKET VALUE FOR AUTOMOTIVE, BY GEOGRAPHY, 2020-2026 (USD BILLION)

TABLE 17.         GLOBAL NON-DESTRUCTIVE TESTING MARKET VALUE FOR POWER GENERATION, BY GEOGRAPHY, 2020-2026 (USD BILLION)

TABLE 18.         GLOBAL NON-DESTRUCTIVE TESTING MARKET VALUE FOR OTHERS, BY GEOGRAPHY, 2020-2026 (USD BILLION)

TABLE 19.         NORTH AMERICA NON-DESTRUCTIVE TESTING MARKET VALUE, BY COUNTRY, 2020-2026 (USD BILLION)

TABLE 20.         NORTH AMERICA NON-DESTRUCTIVE TESTING MARKET VALUE, BY OFFERING, 2020-2026 (USD BILLION)

TABLE 21.         NORTH AMERICA NON-DESTRUCTIVE TESTING MARKET VALUE, BY TESTING METHOD, 2020-2026 (USD BILLION)

TABLE 22.         NORTH AMERICA NON-DESTRUCTIVE TESTING MARKET VALUE, BY VERTICAL, 2020-2026 (USD BILLION)

TABLE 23.         U.S NON-DESTRUCTIVE TESTING MARKET VALUE, BY OFFERING, 2020-2026 (USD BILLION)

TABLE 24.         U.S NON-DESTRUCTIVE TESTING MARKET VALUE, BY TESTING METHOD, 2020-2026 (USD BILLION)

TABLE 25.         U.S NON-DESTRUCTIVE TESTING MARKET VALUE, BY VERTICAL, 2020-2026 (USD BILLION)

TABLE 26.         CANADA NON-DESTRUCTIVE TESTING MARKET VALUE, BY OFFERING, 2020-2026 (USD BILLION)

TABLE 27.         CANADA NON-DESTRUCTIVE TESTING MARKET VALUE, BY TESTING METHOD, 2020-2026 (USD BILLION)

TABLE 28.         CANADA NON-DESTRUCTIVE TESTING MARKET VALUE, BY VERTICAL, 2020-2026 (USD BILLION)

TABLE 29.         EUROPE NON-DESTRUCTIVE TESTING MARKET VALUE, BY COUNTRY, 2020-2026 (USD BILLION)

TABLE 30.         EUROPE NON-DESTRUCTIVE TESTING MARKET VALUE, BY OFFERING, 2020-2026 (USD BILLION)

TABLE 31.         EUROPE NON-DESTRUCTIVE TESTING MARKET VALUE, BY TESTING METHOD, 2020-2026 (USD BILLION)

TABLE 32.         EUROPE NON-DESTRUCTIVE TESTING MARKET VALUE, VERTICAL, 2020-2026 (USD BILLION)

TABLE 33.         GERMANY NON-DESTRUCTIVE TESTING MARKET VALUE, BY OFFERING, 2020-2026 (USD BILLION)

TABLE 34.         GERMANY NON-DESTRUCTIVE TESTING MARKET VALUE, BY TESTING METHOD, 2020-2026 (USD BILLION)

TABLE 35.         GERMANY NON-DESTRUCTIVE TESTING MARKET VALUE, BY VERTICAL, 2020-2026 (USD BILLION)

TABLE 36.         U.K NON-DESTRUCTIVE TESTING MARKET VALUE, BY OFFERING, 2020-2026 (USD BILLION)

TABLE 37.         U.K NON-DESTRUCTIVE TESTING MARKET VALUE, BY TESTING METHOD, 2020-2026 (USD BILLION)

TABLE 38.         U.K NON-DESTRUCTIVE TESTING MARKET VALUE, BY VERTICAL, 2020-2026 (USD BILLION)

TABLE 39.         FRANCE NON-DESTRUCTIVE TESTING MARKET VALUE, BY OFFERING, 2020-2026 (USD BILLION)

TABLE 40.         FRANCE NON-DESTRUCTIVE TESTING MARKET VALUE, BY TESTING METHOD, 2020-2026 (USD BILLION)

TABLE 41.         FRANCE NON-DESTRUCTIVE TESTING MARKET VALUE, BY VERTICAL, 2020-2026 (USD BILLION)

TABLE 42.         ITALY NON-DESTRUCTIVE TESTING MARKET VALUE, BY OFFERING, 2020-2026 (USD BILLION)

TABLE 43.         ITALY NON-DESTRUCTIVE TESTING MARKET VALUE, BY TESTING METHOD, 2020-2026 (USD BILLION)

TABLE 44.         ITALY NON-DESTRUCTIVE TESTING MARKET VALUE, BY VERTICAL, 2020-2026 (USD BILLION)

TABLE 45.         SPAIN NON-DESTRUCTIVE TESTING MARKET VALUE, BY OFFERING, 2020-2026 (USD BILLION)

TABLE 46.         SPAIN NON-DESTRUCTIVE TESTING MARKET VALUE, BY TESTING METHOD, 2020-2026 (USD BILLION)

TABLE 47.         SPAIN NON-DESTRUCTIVE TESTING MARKET VALUE, BY VERTICAL, 2020-2026 (USD BILLION)

TABLE 48.         ROE NON-DESTRUCTIVE TESTING MARKET VALUE, BY OFFERING, 2020-2026 (USD BILLION)

TABLE 49.         ROE NON-DESTRUCTIVE TESTING MARKET VALUE, BY TESTING METHOD, 2020-2026 (USD BILLION)

TABLE 50.         ROE NON-DESTRUCTIVE TESTING MARKET VALUE, BY VERTICAL, 2020-2026 (USD BILLION)

TABLE 51.         ASIA PACIFIC NON-DESTRUCTIVE TESTING MARKET VALUE, BY COUNTRY, 2020-2026 (USD BILLION)

TABLE 52.         ASIA PACIFIC NON-DESTRUCTIVE TESTING MARKET VALUE, BY OFFERING, 2020-2026 (USD BILLION)

TABLE 53.         ASIA PACIFIC NON-DESTRUCTIVE TESTING MARKET VALUE, BY TESTING METHOD, 2020-2026 (USD BILLION)

TABLE 54.         ASIA PACIFIC NON-DESTRUCTIVE TESTING MARKET VALUE, BY VERTICAL, 2020-2026 (USD BILLION)

TABLE 55.         CHINA NON-DESTRUCTIVE TESTING MARKET VALUE, BY OFFERING, 2020-2026 (USD BILLION)

TABLE 56.         CHINA NON-DESTRUCTIVE TESTING MARKET VALUE, BY TESTING METHOD, 2020-2026 (USD BILLION)

TABLE 57.         CHINA NON-DESTRUCTIVE TESTING MARKET VALUE, BY VERTICAL, 2020-2026 (USD BILLION)

TABLE 58.         INDIA NON-DESTRUCTIVE TESTING MARKET VALUE, BY OFFERING, 2020-2026 (USD BILLION)

TABLE 59.         INDIA NON-DESTRUCTIVE TESTING MARKET VALUE, BY TESTING METHOD, 2020-2026 (USD BILLION)

TABLE 60.         INDIA NON-DESTRUCTIVE TESTING MARKET VALUE, BY VERTICAL, 2020-2026 (USD BILLION)

TABLE 61.         JAPAN NON-DESTRUCTIVE TESTING MARKET VALUE, BY OFFERING, 2020-2026 (USD BILLION)

TABLE 62.         JAPAN NON-DESTRUCTIVE TESTING MARKET VALUE, BY TESTING METHOD, 2020-2026 (USD BILLION)

TABLE 63.         JAPAN NON-DESTRUCTIVE TESTING MARKET VALUE, BY VERTICAL, 2020-2026 (USD BILLION)

TABLE 64.         REST OF APAC NON-DESTRUCTIVE TESTING MARKET VALUE, BY OFFERING, 2020-2026 (USD BILLION)

TABLE 65.         REST OF APAC NON-DESTRUCTIVE TESTING MARKET VALUE, BY TESTING METHOD, 2020-2026 (USD BILLION)

TABLE 66.         REST OF APAC NON-DESTRUCTIVE TESTING MARKET VALUE, BY VERTICAL, 2020-2026 (USD BILLION)

TABLE 67.         REST OF WORLD NON-DESTRUCTIVE TESTING MARKET VALUE, BY OFFERING, 2020-2026 (USD BILLION)

TABLE 68.         REST OF WORLD NON-DESTRUCTIVE TESTING MARKET VALUE, BY TESTING METHOD, 2020-2026 (USD BILLION)

TABLE 69.         REST OF WORLD NON-DESTRUCTIVE TESTING MARKET VALUE, BY VERTICAL, 2020-2026 (USD BILLION)

TABLE 70.         GENERAL ELECTRIC: FINANCIALS        

TABLE 71.         GENERAL ELECTRIC: PRODUCTS & SERVICES  

TABLE 72.         GENERAL ELECTRIC: RECENT DEVELOPMENTS 

TABLE 73.         BOSELLO HIGH TECHNOLOGY SRL: FINANCIALS          

TABLE 74.         BOSELLO HIGH TECHNOLOGY SRL: PRODUCTS & SERVICES    

TABLE 75.         BOSELLO HIGH TECHNOLOGY SRL: RECENT DEVELOPMENTS   

TABLE 76.         OLYMPUS CORPORATION: FINANCIALS

TABLE 77.         OLYMPUS CORPORATION: PRODUCTS & SERVICES      

TABLE 78.         OLYMPUS CORPORATION: RECENT DEVELOPMENTS     

TABLE 79.         CYGNUS INSTRUMENTS LTD: FINANCIALS       

TABLE 80.         CYGNUS INSTRUMENTS LTD: PRODUCTS & SERVICES 

TABLE 81.         CYGNUS INSTRUMENTS LTD: RECENT DEVELOPMENTS

TABLE 82.         T.D. WILLIAMSON INC: FINANCIALS    

TABLE 83.         T.D. WILLIAMSON INC: PRODUCTS & SERVICES          

TABLE 84.         T.D. WILLIAMSON INC: RECENT DEVELOPMENTS         

TABLE 85.         FISCHER TECHNOLOGY INC: FINANCIALS        

TABLE 86.         FISCHER TECHNOLOGY INC: PRODUCTS & SERVICES  

TABLE 87.         FISCHER TECHNOLOGY INC: RECENT DEVELOPMENTS 

TABLE 88.         YXLON INTERNATIONAL: FINANCIALS  

TABLE 89.         YXLON INTERNATIONAL: PRODUCTS & SERVICES        

TABLE 90.         YXLON INTERNATIONAL: RECENT DEVELOPMENTS       

TABLE 91.         SONATEST: FINANCIALS          

TABLE 92.         SONATEST: PRODUCTS & SERVICES    

TABLE 93.         SONATEST: RECENT DEVELOPMENTS   

TABLE 94.         MISTRAS GROUP: FINANCIALS

TABLE 95.         MISTRAS GROUP: PRODUCTS & SERVICES       

TABLE 96.         MISTRAS GROUP: RECENT DEVELOPMENTS     

TABLE 97.         NIKON METROLOGY: FINANCIALS        

TABLE 98.         NIKON METROLOGY: PRODUCTS & SERVICES  

TABLE 99.         NIKON METROLOGY: RECENT DEVELOPMENTS 

TABLE 100.       ASHTEAD TECHNOLOGY: PRODUCTS & SERVICES        

TABLE 101.       ZETEC, INC: PRODUCTS & SERVICES   

TABLE 102.       EDDYFI: PRODUCTS & SERVICES         

TABLE 103.       MAGNAFLUX: PRODUCTS & SERVICES

Research Framework

Infoholic Research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:

  • Data Collation (Primary & Secondary)
  • In-house Estimation (Based on proprietary data bases and Models)
  • Market Triangulation
  • Forecasting
Methodology

Market related information is congregated from both primary and secondary sources.

Primary sources

Involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.

Secondary sources

Include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.

outicon

Non-Destructive Testing Market by Offering (Non-destructive Testing Services and Non-destructive Testing Equipment), Testing Method (Visual Testing, Liquid Penetrant Testing, Ultrasonic Testing, Magnetic Particle Testing, Eddy Current Testing, and Radiographic Testing), Vertical (Oil & Gas, Aerospace and Defense, Construction, Manufacturing, Automotive, Power Generation and Others) and Geography – Global Forecast up to 2026
Interested in this report?
Get your FREE sample now!
DOWNLOAD NOW

Select User License

$
Request For Sample Report
Enquire Before Buying

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer 10% worth of FREE customization at the time of purchase

Speak to our analyst
Related Reports
Card image cap
Augmented Reality for MRO (Maintenance, Repair and Overhaul)...
$ 4000
Card image cap
IoT in Process Manufacturing Market – By Type (Softwa...
$ 3500
Card image cap
Worldwide IoT in Discrete Manufacturing Market: Market by Ap...
$ 3500
Card image cap
Worldwide IoT in Manufacturing Market – Drivers, Oppor...
$ 3500