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Non-destructive Testing (NDT) Market Size Report, 2030

Non-destructive Testing Market Size, Share & Trends Report

Non-destructive Testing Market Size, Share & Trends Analysis Report By Offering (Services, Equipment), By Test Methods (Traditional NDT Method, Digital/Advanced NDT Method), By Vertical, By Region, And Segment Forecasts, 2024 - 2030

Report ID: GVR-2-68038-602-8
Number of Report Pages: 120
Format: PDF, Horizon Databook

Historical Range: 2017 - 2023
Forecast Period: 2024 - 2030
Industry: Semiconductors & Electronics

Non-destructive Testing Market Trends

The global non-destructive testing market size was valued at USD 20,019.5 million in 2023 and is expected to register a compound annual growth rate (CAGR) of 7.9% from 2023 to 2030. The growing manufacturing activities across the developing and the developed nations is estimated to drive the market over the forecast period. Furthermore, the increasing technological innovations pace have enable the development of advanced non-destructive testing processes with improved & precise safety & fault detection. Furthermore, increasing awareness amongst the manufacturers regarding the use of Non-destructive Testing (NDT) is expected to improve the penetration of NDT techniques in the coming years.

North America Non-destructive Testing Market size and growth rate, 2023 - 2030

The utilization of NDT techniques in projects allows for quicker completion due to the detection of faults in complex areas and irregular surfaces. This reduction in the possibility of failures is expected to drive the demand for non-destructive testing in the coming years. Additionally, the ease of operating and efficiency in fault detection provided by ultrasonic equipment, compared to other NDT equipment, is a significant factor contributing to the increasing adoption of the ultrasonic test method. Moreover, advancements in ultrasonic technology anticipated within the next eight years are likely to further boost the adoption of this testing procedure due to its simplicity.

The market is projected to experience significant growth during the forecast period. This growth can be attributed to the increasing urbanization in developing countries like India and China, which involves extensive construction and manufacturing projects. The fast pace of such projects necessitates the implementation of testing processes to ensure the quality of work. This trend is expected to have a positive impact on the growth of non-destructive testing (NDT) in these countries, consequently enhancing its global market penetration.

Increasing oil and gas projects in the Middle East and North America are expected to deploy NDT techniques in order to complete the projects in prescribed timelines and with finesse, thus fueling the demand for NDT equipment over the regions. Besides, the advancements in non-destructive testing technology have led to the development of radiographic testing equipment such as industrial CT scanners, which precisely detect faults in machinery and components. However, the cost of the NDT equipment and the expertise required to perform the tests increases the complexity and difficulty of deploying the radiographic testing method.

The global COVID-19 pandemic has had detrimental and unexpected consequences for various industries worldwide, such as automotive, construction, airlines, and manufacturing, among others. To mitigate the spread of the novel coronavirus and its negative impacts, governments around the world implemented lockdowns as a precautionary measure. This led to disruptions in the global supply chain and a decline in industrial productivity, placing a strain on the global economy. Furthermore, the sudden outbreak of the virus also caused disruptions in companies' production and manufacturing capabilities.

Moreover, the influence of the pandemic on the non-destructive testing (NDT) market arises from the combined response of interconnected industries that utilize NDT for their operations. One such example is the defense industry, which has experienced a relatively mild impact compared to other sectors. This can be attributed to government budget allocations that safeguard the supply and demand ecosystem. While certain defense companies have been significantly affected by the financial shock, the impact is comparatively lesser than that observed in the aerospace sector.

Market Concentration & Characteristics

The non-destructive testing market growth stage is medium, and the pace of the market growth is accelerating. The market is fragmented, with the presence of numerous market players. The developments in the technologies related to NDT present numerous growth opportunities to NDT service providers and equipment manufacturers. The recent advancements in robotics have enabled the use of automated crawlers, robots, and drones to carry out NDT in cases where there is a lack of scope for human intervention. For instance, Eddyfi Technologies, a Canada-based company providing NDT solutions, provides high-performance NDT technologies, including sensors, robots, and software.

Non-destructive Testing Market Concentration & Characteristics

The target market is also characterized by a high number of product launches by the leading players. For instance, in January 2023, NDT Global, a Previan Technologies, Inc. business unit, announced the introduction of an ultrasonic testing phased array inspection platform, PROTON. The platform offers an advanced diagnosis of data for enhanced pipeline inspection, such as cracks in misaligned welds and dents.

Non-destructive testing agencies and regulatory bodies such as The American Society for Nondestructive Testing (ASNT), American Society for Testing and Materials (ASTM) International, and American Welding Society (AWS), among others, set specific codes, specifications, regulations, standards, and recommended practices, subject to the industry and country performing NDT.

The threat of substitutes in the non-destructive testing market can be considered low because NDT procedures are critical to the component or raw material testing process. Moreover, the benefits offered by NDT techniques in inspecting materials, systems, or components without permanently altering their structure are not provided by other testing/inspection methods.

Numerous sectors, including aerospace and defense, manufacturing, construction, and oil & gas, among others, use NDT solutions and services. For instance, in the automotive industry, NDT is used for inspecting automotive components after heat treating, forging, and machining, ensuring that they meet the required standards. Moreover, NDT can be used to check welds that hold components and body panels together, ensuring there are no defects that could reduce the vehicle's reliability and safety.

Offering Insights

The services segment dominated the market and accounted for the largest revenue share of over 75% in 2022 and is expected to remain dominant over the forecast period. The primary factor that drives end-users to outsource their NDT operations is the significant upfront cost associated with non-destructive equipment, combined with the technical complexities involved in their deployment and installation. Additionally, the shortage of skilled workforce proficient in non-destructive testing acts as another constraint, limiting the widespread adoption of NDT equipment worldwide. Furthermore, stringent government regulations pertaining to workplace safety further encourage end-users to outsource their NDT operations to third-party service providers.

The equipment segment is expected to experience steady growth throughout the forecast period. This growth can be attributed to technological advancements, which have resulted in the availability of state-of-the-art equipment variants. The availability of these advanced variants has broadened the range of applications for non-destructive testing (NDT) equipment, thereby generating additional demand. Moreover, the resurgence of the industrial sector, particularly in emerging economies such as India and China, is anticipated to stimulate new installations of NDT equipment in the coming years.

Test Methods Insights

The non-destructive testing methods include traditional NDT methods anddigital/advanced NDT methods. The traditional test method segment dominated the market and accounted for the largest revenue share of over 80% in 2022. The notable market growth is attributed to the increasing utilization of traditional non-destructive testing methods, including visual testing, magnetic particle testing, liquid penetrant testing, eddy current testing, ultrasonic testing, and radiographic testing. Among these methods, ultrasonic testing stands out as it dominates the market due to its portability, ease of use, and ability to provide precise results compared to other traditional NDT techniques. Consequently, the adoption of ultrasonic testing is experiencing significant growth and is expected to continue improving in the forthcoming years.

Within the digital/advanced NDT method segment, the phased array ultrasonic testing (PAUT) segment accounted for a significant share of 20.0% in 2023. This growth can be attributed to the increasing preference for PAUT over other digital NDT methods. The detailed visualization feature offered by the PAUT method enables the identification of defect size, depth, shape, and orientation. PAUT is considered an advanced version of ultrasonic testing as it employs multiple transducers and sets of ultrasonic testing (UT) probes comprised of numerous smaller elements.

Vertical Insights

The manufacturing vertical segment dominated the NDT market and accounted for the largest revenue share of more than 22% in 2022. The growth is attributed due to ever-increasing volume of manufacturing across the globe. The manufacturing vertical is expected to deploy numerous NDT processes thereby leading to an increase in demand for non-destructive testing services, globally. Moreover, non-destructive testing has been traditionally used extensively in oil and gas applications. Test methods such as ultrasonic and eddy current have been used to detect cracks in the pipes both underground and elevated. However, with increasing awareness, non-destructive testing techniques are being deployed in several other applications such as aerospace, defense, and automotive.

The oil & gas vertical is further sub segmented into Upstream, Midstream, & Downstream. The downstream activities in the oil & gas industry include refining petroleum products to produce end products, such as gasoline and kerosene. Refineries and petrochemical plants work with large volumes of oil flowing through tubing, pressure vessels, storage tanks, and pipes. Hence, downstream oil & gas companies particularly need to ensure the safety of the environment, workers, and the facility by ensuring the integrity of equipment and spot welding.

The power generation segment comprises numerous industries such as power grids and hydroelectric power plants. The segment is expected to witness healthy growth over the forecast period with a CAGR of more than 8.6%. Continuous increase in the power demand in developing nations is the major reason for the considerable adoption rate of NDT techniques in power generation as the use of NDT techniques guarantees faster production rates.

Regional Insights

North America emerged as the dominant segment in 2022 with a revenue share exceeding 36%. This is due to there is widespread acceptance of NDT techniques in various applications, the presence of a proficient workforce, and the presence of multiple non-destructive testing training institutes in the region. Moreover, the growth rate in the region is anticipated to be positively influenced by the utilization of shale oil for power generation in the United States and Canada. Additionally, the increasing emphasis on the application of non-destructive testing (NDT) to prevent unforeseen system failures is expected to drive the regional market.

Non-destructive Testing Market Trends by Region, 2023 - 2030

In Asia Pacific, the market is expected to witness a CAGR of more than 9.3% over the forecast period. This growth is ascribed to an increase in manufacturing, construction, and power generation activities in the region. Despite the current shortage of skilled labor in the region, it is projected to decrease over time as awareness and adoption of non-destructive testing techniques increase in the upcoming years. Furthermore, Middle East, due to the significant presence of the oil and gas industry is expected to be a potential market for NDT techniques.

Key Companies & Market Share Insights

Some of the key players operating in the market include MISTRAS Group, Olympus Corporation, Bureau Veritas, and General Electric.

General Electric has a diverse set of business units, including GE Power, GE Healthcare, GE Aviation, GE Digital, GE Transportation, GE Renewable Energy, GE Addictive, GE Lighting, GE Capital, GE Global Research, and Baker Hughes, a GE Company (BHGE). BHGE was formed by merging GE Oil & Gas with Baker Hughes Company in July 2017. In 2020, Baker Hughes Digital Solutions' Inspection Technologies division was rebranded as Waygate Technologies.
MISTRAS Group is a provider of asset protection solutions for evaluating the structural reliability and integrity of critical industrial, public, and energy infrastructure. The company specializes in integrating products and technologies to deliver customized solutions ranging from complex to routine inspections. It offers destructive testing, non-destructive testing, predictive maintenance, and mechanical integrity services.
Sonatest and Comet Group (YXLON International) are some of the emerging Non-destructive Testing (NDT) manufacturers.
Sonatest is a provider of non-destructive testing equipment. The company caters to industries such as manufacturing, marine, oil & gas, power generation, chemical, and railways. The company has a research center in Québec City, Canada, and a production facility in Texas, U.S. Moreover, the company’s distributors and agents offer sales and service coverage worldwide.
YXLON International offers Computed Tomography (CT) and X-ray systems for non-destructive testing and analysis. The company is part of Comet Holding AG, which was founded in 1948, and offers ebeam, radio frequency, and X-ray technology solutions worldwide. The company has a wide range of product portfolios, from modular CT & X-ray systems to fully automated, customized, and complex systems. It also offers training, remote diagnostics, and installation of X-ray & CT systems worldwide.

Key Non-destructive Testing Companies:

Previan Technologies, Inc.
Bureau Veritas
Fischer Technology Inc. (Helmut Fischer)
MISTRAS Group
Comet Group (YXLON International)
MME Group
TWI Ltd.
Nikon Corporation
Olympus Corporation
Sonatest
Acuren
Intertek Group plc
CREAFORM
Vidisco Ltd.
SGS S.A.
General Electric

Recent Developments

In February 2023, Sonatest announced a collaboration with Echobolt, a U.K.-based operations and maintenance service provider. As part of the collaboration, the company combines its advanced hardware solutions with Echobolt's innovative services to offer Phased Array Ultrasonic Technology (PAUT) to the wind industry. It provides a solution for the inspection of bolts in wind turbines.
In February 2023, Waygate Technologies, a Baker Hughes business, announced a significant upgrade to its Krautkramer USM 100 ultrasonic testing device. The upgrade includes new features and improvements aimed at enhancing the device's performance and functionality. Krautkramer USM 100 is widely used in non-destructive testing applications across various industries, and the upgrade is intended to provide users with enhanced capabilities and efficiency.
In May 2021, MISTRAS Group introduced advanced Automated Ultrasonic Testing (AUT) pipeline inspection solutions in the Netherlands. The solution provides enhanced efficiency and safety during inspections.

Non-destructive Testing Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 20,019.5 million
Revenue forecast in 2030	USD 34,148.1 million
Growth Rate	CAGR of 7.9% from 2023 to 2030
Actual values	2017 - 2023
Forecast values	2024 - 2030
Quantitative units	Revenue in USD million and CAGR from 2023 to 2030
Report coverage	Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered	Offering, test methods, vertical, region
Regional scope	North America; Europe; Asia Pacific; Latin America; MEA
Country scope	U.S.; Canada; U.K.; Germany; France; China; Japan; India; South Korea; Australia; Brazil; Mexico; KSA; UAE; South Africa
Key companies profiled	Previan Technologies, Inc.; Bureau Veritas; Fischer Technology Inc. (Helmut Fischer); MISTRAS Group; Comet Group (YXLON International); MME Group; TWI Ltd.; Nikon Corporation; Olympus Corporation; Sonatest; Acuren; Intertek Group plc; CREAFORM; Vidisco Ltd.; SGS S.A
Customization scope	Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options

Global Non-destructive Testing Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global Non-destructive testing market report based on offering, test methods, vertical, and region:

Global Non-destructive Testing Market Report Segmentation

Offering Outlook (Revenue, USD Million; 2017 - 2030)
- Services
  - Inspection Services
  - Support and Maintenance Services
  - Training Services
  - Others
- Equipment
Test Methods Outlook (Revenue, USD Million; 2017 - 2030)
- Traditional NDT Method
  - Visual Testing
  - Magnetic Particle Testing
  - Liquid Penetrant Testing
  - Eddy Current Testing
  - Ultrasonic Testing
  - Radiographic Testing
- Ded Ultrasonic Testing (AUT)igital Radiography (DR)
  - Phased Array Ultrasonic Testing (PAUT)
  - Pulsed Eddy Current (PEC)
  - Time-Of-Flight Diffraction (TOFD)
  - Alternating Current Field Measurement (ACFM)
  - Automat
Vertical Outlook (Revenue, USD Million; 2017 - 2030)
- Oil & Gas
  - Upstream
  - Midstream
  - Downstream
- Manufacturing
- Aerospace and Defense
- Construction
- Automotive
- Power Generation
- Others
Regional Outlook (Revenue, USD Million, 2017 - 2030)
- North America
  - U.S.
  - Canada
- Europe
  - U.K.
  - Germany
  - France
- Asia Pacific
  - China
  - Japan
  - India
  - South Korea
  - Australia
- Latin America
  - Brazil
  - Mexico
- Middle East and Africa (MEA)
  - KSA
  - UAE
  - South Africa

Frequently Asked Questions About This Report

How big is the non-destructive testing (NDT) market?

b. The global non-destructive testing (NDT) market size was estimated at USD 18.9 billion in 2022 and is expected to reach USD 20.02 billion in 2023.

What is the non-destructive testing (NDT) market growth?

b. The global non-destructive testing (NDT) market is expected to grow at a compound annual growth rate of 7.9% from 2023 to 2030 to reach USD 34.15 billion by 2030.

Which offering segment led the non-destructive testing market?

b. The services segment dominated the NDT market and accounted for the largest revenue share of more than 75% in 2022, and is expected to remain dominant over the forecast period.

Which test method dominated the non-destructive testing market?

b. The ultrasonic testing segment led the NDT market and accounted for the largest revenue share of over 25% in 2022. The segment is expected to emerge as the fastest-growing test method segment at a CAGR of over 8.7% over the forecast period.

Which vertical accounted for the highest share in the global non-destructive testing market?

b. The manufacturing vertical segment dominated the non-destructive testing market and accounted for the largest revenue share of more than 22% in 2022. The segment is expected to witness a CAGR of more than 9.3% over the forecast period, primarily due to the ever-increasing volume of manufacturing across the globe.

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Table of Contents

Chapter 1. Non-destructive Testing Market: Methodology and Scope
1.1. Research Methodology
1.2. Research Scope and Assumptions
1.3. List of Data Sources
1.4. List of Abbreviations
Chapter 2. Non-destructive Testing Market: Executive Summary
2.1. Market Insights
2.2. Market Snapshot
2.3. Segmental Insights
2.4. Non-Destructive Testing Market Revenue Estimates, 2017 - 2030
Chapter 3. Non-destructive Testing Market: Variables, Trends, & Scope Outlook
3.1. Market Segmentation
3.2. Non-Destructive Testing Market - Value Chain Analysis
3.3. Non-Destructive Testing Market - Market Trends
3.3.1. Technology Trends
3.3.2. Regulatory Trends
3.3.3. Supplier Trends
3.3.4. Buyer Trends
3.4. Non-Destructive Testing Market Dynamics
3.4.1. Market Driver Analysis
3.4.1.1. Technological Advancements in NDT
3.4.1.2. Growing Industrialization & Urbanization
3.4.2. Market Restraint Analysis
3.4.2.1. Lack of Skilled Workforce
3.4.2.2. Increasing Complexities of NDT processes
3.4.3. Market Opportunity Analysis
3.4.3.1. Forward Integration with the Latest Technologies
3.4.3.2. Growing Significance of Advance NDT Techniques in Various Industrial Sectors
3.5. Non-Destructive Testing Penetration & Growth Prospects Mapping
3.6. Non-Destructive Testing Covid-19 Impact Analysis
3.7. Non-Destructive Testing Market - Porter's Five Forces Analysis
3.7.1. Supplier power
3.7.2. Buyer power
3.7.3. Substitution threat
3.7.4. Threat from new entrant
3.7.5. Competitive rivalry
3.8. Non-Destructive Testing Market - PEST analysis
3.8.1. Political landscape
3.8.2. Economic landscape
3.8.3. Social landscape
3.8.4. Technology landscape
Chapter 4. Non-Destructive Testing Offering Outlook
4.1. Non-Destructive Testing Market, By Offering Analysis & Market Share, 2022 & 2030
4.2. Services
4.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
4.2.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
4.3. Equipment
4.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
4.3.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
Chapter 5. Non-Destructive Testing Test Methods Outlook
5.1. Non-Destructive Testing Market, By Test Methods Analysis & Market Share, 2022 & 2030
5.2. Traditional NDT Method
5.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.2.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
5.2.3. Visual Testing
5.2.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.2.3.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
5.2.4. Magnetic Particle Testing
5.2.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.2.4.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
5.2.5. Liquid Penetrant Testing
5.2.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.2.5.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
5.2.6. Eddy Current Testing
5.2.6.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.2.6.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
5.2.7. Ultrasonic Testing
5.2.7.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.2.7.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
5.2.8. Radiographic Testing
5.2.8.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.2.8.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
5.3. Digital/Advanced NDT Method
5.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.3.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
5.3.3. Digital Radiography (DR)
5.3.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.3.3.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
5.3.4. Phased Array Ultrasonic Testing (PAUT)
5.3.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.3.4.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
5.3.5. Pulsed Eddy Current (PEC)
5.3.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.3.5.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
5.3.6. Time-Of-Flight Diffraction (TOFD)
5.3.6.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.3.6.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
5.3.7. Alternating Current Field Measurement (ACFM)
5.3.7.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.3.7.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
5.3.8. Automated Ultrasonic Testing (AUT)
5.3.8.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.3.8.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
Chapter 6. Non-Destructive Vertical Methods Outlook
6.1. Non-Destructive Testing Market, By Vertical Analysis & Market Share, 2022 & 2030
6.2. Oil & Gas
6.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.2.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
6.2.3. Upstream
6.2.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.2.3.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
6.2.4. Midstream
6.2.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.2.4.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
6.2.5. Downstream
6.2.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.2.5.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
6.3. Manufacturing
6.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.3.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
6.4. Aerospace and Defense
6.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.4.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
6.5. Construction
6.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.5.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
6.6. Automotive
6.6.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.6.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
6.7. Power Generation
6.7.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.7.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
6.8. Others
6.8.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.8.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
Chapter 7. Non-Destructive Testing Market: Regional Estimates & Trend Analysis
7.1. Non-Destructive Testing Market Share by Region, 2022 & 2030
7.2. North America
7.2.1. Market estimates and forecasts, 2017 - 2030
7.2.2. Market estimates and forecasts, by offering, 2017 - 2030 (USD Million)
7.2.3. Market estimates and forecasts, by test methods, 2017 - 2030 (USD Million)
7.2.4. Market estimates and forecasts, by vertical, 2017 - 2030 (USD Million)
7.2.5. U.S.
7.2.5.1. Market estimates and forecasts, 2017 - 2030
7.2.5.2. Market estimates and forecasts, by offering, 2017 - 2030 (USD Million)
7.2.5.3. Market estimates and forecasts, by test methods, 2017 - 2030 (USD Million)
7.2.5.4. Market estimates and forecasts, by vertical, 2017 - 2030 (USD Million)
7.2.6. Canada
7.2.6.1. Market estimates and forecasts, 2017 - 2030
7.2.6.2. Market estimates and forecasts, by offering, 2017 - 2030 (USD Million)
7.2.6.3. Market estimates and forecasts, by test methods, 2017 - 2030 (USD Million)
7.2.6.4. Market estimates and forecasts, by vertical, 2017 - 2030 (USD Million)
7.3. Europe
7.3.1. Market estimates and forecasts, 2017 - 2030
7.3.2. Market estimates and forecasts, by offering, 2017 - 2030 (USD Million)
7.3.3. Market estimates and forecasts, by test methods, 2017 - 2030 (USD Million)
7.3.4. Market estimates and forecasts, by vertical, 2017 - 2030 (USD Million)
7.3.5. U.K.
7.3.5.1. Market estimates and forecasts, 2017 - 2030
7.3.5.2. Market estimates and forecasts, by offering, 2017 - 2030 (USD Million)
7.3.5.3. Market estimates and forecasts, by test methods, 2017 - 2030 (USD Million)
7.3.5.4. Market estimates and forecasts, by vertical, 2017 - 2030 (USD Million)
7.3.6. Germany
7.3.6.1. Market estimates and forecasts, 2017 - 2030
7.3.6.2. Market estimates and forecasts, by offering, 2017 - 2030 (USD Million)
7.3.6.3. Market estimates and forecasts, by test methods, 2017 - 2030 (USD Million)
7.3.6.4. Market estimates and forecasts, by vertical, 2017 - 2030 (USD Million)
7.3.7. France
7.3.7.1. Market estimates and forecasts, 2017 - 2030
7.3.7.2. Market estimates and forecasts, by offering, 2017 - 2030 (USD Million)
7.3.7.3. Market estimates and forecasts, by test methods, 2017 - 2030 (USD Million)
7.3.7.4. Market estimates and forecasts, by vertical, 2017 - 2030 (USD Million)
7.4. Asia Pacific
7.4.1. Market estimates and forecasts, 2017 - 2030
7.4.2. Market estimates and forecasts, by offering, 2017 - 2030 (USD Million)
7.4.3. Market estimates and forecasts, by test methods, 2017 - 2030 (USD Million)
7.4.4. Market estimates and forecasts, by Vertical, 2017 - 2030 (USD Million)
7.4.5. China
7.4.5.1. Market estimates and forecasts, 2017 - 2030
7.4.5.2. Market estimates and forecasts, by offering, 2017 - 2030 (USD Million)
7.4.5.3. Market estimates and forecasts, by test methods, 2017 - 2030 (USD Million)
7.4.5.4. Market estimates and forecasts, by vertical, 2017 - 2030 (USD Million)
7.4.6. India
7.4.6.1. Market estimates and forecasts, 2017 - 2030
7.4.6.2. Market estimates and forecasts, by offering, 2017 - 2030 (USD Million)
7.4.6.3. Market estimates and forecasts, by test methods, 2017 - 2030 (USD Million)
7.4.6.4. Market estimates and forecasts, by vertical, 2017 - 2030 (USD Million)
7.4.7. Japan
7.4.7.1. Market estimates and forecasts, 2017 - 2030
7.4.7.2. Market estimates and forecasts, by offering, 2017 - 2030 (USD Million)
7.4.7.3. Market estimates and forecasts, by test methods, 2017 - 2030 (USD Million)
7.4.7.4. Market estimates and forecasts, by vertical, 2017 - 2030 (USD Million)
7.4.8. South Korea
7.4.8.1. Market estimates and forecasts, 2017 - 2030
7.4.8.2. Market estimates and forecasts, by offering, 2017 - 2030 (USD Million)
7.4.8.3. Market estimates and forecasts, by test methods, 2017 - 2030 (USD Million)
7.4.8.4. Market estimates and forecasts, by vertical, 2017 - 2030 (USD Million)
7.5. Latin America
7.5.1. Market estimates and forecasts, 2017 - 2030
7.5.2. Market estimates and forecasts, by offering, 2017 - 2030 (USD Million)
7.5.3. Market estimates and forecasts, by test methods, 2017 - 2030 (USD Million)
7.5.4. Market estimates and forecasts, by vertical, 2017 - 2030 (USD Million)
7.5.5. Brazil
7.5.5.1. Market estimates and forecasts, 2017 - 2030
7.5.5.2. Market estimates and forecasts, by offering, 2017 - 2030 (USD Million)
7.5.5.3. Market estimates and forecasts, by test methods, 2017 - 2030 (USD Million)
7.5.5.4. Market estimates and forecasts, by vertical, 2017 - 2030 (USD Million)
7.5.6. Mexico
7.5.6.1. Market estimates and forecasts, 2017 - 2030
7.5.6.2. Market estimates and forecasts, by offering, 2017 - 2030 (USD Million)
7.5.6.3. Market estimates and forecasts, by test methods, 2017 - 2030 (USD Million)
7.5.6.4. Market estimates and forecasts, by vertical, 2017 - 2030 (USD Million)
7.6. Middle East & Africa
7.6.1. Market estimates and forecasts, 2017 - 2030
7.6.2. Market estimates and forecasts, by offering, 2017 - 2030 (USD Million)
7.6.3. Market estimates and forecasts, by test methods, 2017 - 2030 (USD Million)
7.6.4. Market estimates and forecasts, by vertical, 2017 - 2030 (USD Million)
7.6.5. Saudi Arabia
7.6.5.1. Market estimates and forecasts, 2017 - 2030
7.6.5.2. Market estimates and forecasts, by offering, 2017 - 2030 (USD Million)
7.6.5.3. Market estimates and forecasts, by test methods, 2017 - 2030 (USD Million)
7.6.5.4. Market estimates and forecasts, by vertical, 2017 - 2030 (USD Million)
7.6.6. South Africa
7.6.6.1. Market estimates and forecasts, 2017 - 2030
7.6.6.2. Market estimates and forecasts, by offering, 2017 - 2030 (USD Million)
7.6.6.3. Market estimates and forecasts, by test methods, 2017 - 2030 (USD Million)
7.6.6.4. Market estimates and forecasts, by vertical, 2017 - 2030 (USD Million)
Chapter 8. Non-Destructive Testing Market Competitive Landscape
8.1. Key Market Participants
8.1.1. Previan Technologies
8.1.2. Bureau Veritas
8.1.3. Fischer Technologies Inc.
8.1.4. Mistras Group, Inc
8.1.5. Comet Group (YXLON International GmbH)
8.1.6. MME Group
8.1.7. TWI Ltd
8.1.8. Nikon Metrology Inc.
8.1.9. Olympus Corporation
8.1.10. Sonatest
8.1.11. Zetec Inc.
8.1.12. Acuren
8.1.13. Intertek Group plc
8.1.14. CREAFORM
8.1.15. Vidisco Ltd
8.1.16. SGS S.A.
8.2. Key Company Market Share Analysis, 2022
8.3. Company Categorization/Position Analysis, 2022
8.4. Strategic Mapping
8.4.1. Expansion
8.4.2. Acquisition
8.4.3. Collaborations
8.4.4. Product/service launch
8.4.5. Partnerships
8.4.6. Others

List of Tables

Table 1 List of abbreviations
Table 2 Non-Destructive Testing market, 2017 - 2030 (USD Million)
Table 3 Non-Destructive Testing market, by region, 2017 - 2030 (USD Million)
Table 4 Non-Destructive Testing market, by offering, 2017 - 2030 (USD Million)
Table 5 Non-Destructive Testing market, by test methods, 2017 - 2030 (USD Million)
Table 6 Non-Destructive Testing market, by vertical, 2017 - 2030 (USD Million)
Table 7 Offering non-destructive testing market, 2017 - 2030 (USD Million)
Table 8 Offering non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 9 Test methods non-destructive testing market, 2017 - 2030 (USD Million)
Table 10 Test methods non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 11 Vertical non-destructive testing market, 2017 - 2030 (USD Million)
Table 12 Vertical non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 13 Services non-destructive testing market, 2017 - 2030 (USD Million)
Table 14 Services non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 15 Equipment non-destructive testing market, 2017 - 2030 (USD Million)
Table 16 Equipment non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 17 Traditional NDT Method non-destructive testing market, 2017 - 2030 (USD Million)
Table 18 Traditional NDT Method non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 19 Visual Testing non-destructive testing market, 2017 - 2030 (USD Million)
Table 20 Visual Testing non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 21 Magnetic Particle Testing non-destructive testing market, 2017 - 2030 (USD Million)
Table 22 Magnetic Particle Testing non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 23 Liquid Penetrant Testing non-destructive testing market, 2017 - 2030 (USD Million)
Table 24 Liquid Penetrant Testing non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 25 Eddy Current Testing non-destructive testing market, 2017 - 2030 (USD Million)
Table 26 Eddy Current Testing non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 27 Ultrasonic Testing non-destructive testing market, 2017 - 2030 (USD Million)
Table 28 Ultrasonic Testing non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 29 Radiographic Testing non-destructive testing market, 2017 - 2030 (USD Million)
Table 30 Radiographic Testing non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 31 Digital/Advanced NDT Method non-destructive testing market, 2017 - 2030 (USD Million)
Table 32 Digital/Advanced NDT Method non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 33 Digital Radiography (DR) non-destructive testing market, 2017 - 2030 (USD Million)
Table 24 Digital Radiography (DR) non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 25 Phased Array Ultrasonic Testing (PAUT) non-destructive testing market, 2017 - 2030 (USD Million)
Table 26 Phased Array Ultrasonic Testing (PAUT) non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 37 Pulsed Eddy Current (PEC) non-destructive testing market, 2017 - 2030 (USD Million)
Table 38 Pulsed Eddy Current (PEC) non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 39 Time-Of-Flight Diffraction (TOFD) non-destructive testing market, 2017 - 2030 (USD Million)
Table 40 Time-Of-Flight Diffraction (TOFD) non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 41 Alternating Current Field Measurement (ACFM) non-destructive testing market, 2017 - 2030 (USD Million)
Table 42 Alternating Current Field Measurement (ACFM) non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 43 Automated Ultrasonic Testing (AUT) non-destructive testing market, 2017 - 2030 (USD Million)
Table 44 Automated Ultrasonic Testing (AUT) non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 45 Oil & Gas non-destructive testing market, 2017 - 2030 (USD Million)
Table 46 Oil & Gas non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 47 Manufacturing non-destructive testing market, 2017 - 2030 (USD Million)
Table 48 Manufacturing non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 49 Aerospace and Defense non-destructive testing market, 2017 - 2030 (USD Million)
Table 50 Aerospace and Defense non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 51 Construction non-destructive testing market, 2017 - 2030 (USD Million)
Table 52 Construction non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 53 Automotive non-destructive testing market, 2017 - 2030 (USD Million)
Table 54 Automotive non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 55 Power Generation non-destructive testing market, 2017 - 2030 (USD Million)
Table 56 Power Generation non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 57 Others non-destructive testing market, 2017 - 2030 (USD Million)
Table 58 Others non-destructive testing market, by region, 2017 - 2030 (USD Million)
Table 59 North America non-destructive testing market, by offering, 2017 - 2030 (USD Million)
Table 60 North America non-destructive testing market, by test methods, 2017 - 2030 (USD Million)
Table 61 North America non-destructive testing market, by vertical, 2017 - 2030 (USD Million)
Table 62 U.S. non-destructive testing market, 2017 - 2030 (USD Million)
Table 63 U.S. non-destructive testing market, by offering, 2017 - 2030 (USD Million)
Table 64 U.S. non-destructive testing market, by test methods, 2017 - 2030 (USD Million)
Table 65 U.S. non-destructive testing market, by vertical, 2017 - 2030 (USD Million)
Table 66 Canada non-destructive testing market, 2017 - 2030 (USD Million)
Table 67 Canada non-destructive testing market, by offering, 2017 - 2030 (USD Million
Table 68 Canada non-destructive testing market, by test methods, 2017 - 2030 (USD Million)
Table 69 Canada non-destructive testing market, by vertical, 2017 - 2030 (USD Million)
Table 70 Europe non-destructive testing market, 2017 - 2030 (USD Million)
Table 7 Europe non-destructive testing market, by offering, 2017 - 2030 (USD Million)
Table 72 Europe non-destructive testing market, by test methods, 2017 - 2030 (USD Million)
Table 73 Europe non-destructive testing market, by vertical, 2017 - 2030 (USD Million)
Table 74 U.K. non-destructive testing market, 2017 - 2030 (USD Million)
Table 75 U.K. non-destructive testing market, by offering, 2017 - 2030 (USD Million)
Table 76 U.K. non-destructive testing market, by test methods, 2017 - 2030 (USD Million)
Table 77 U.K. non-destructive testing market, by vertical, 2017 - 2030 (USD Million)
Table 78 Germany non-destructive testing market, 2017 - 2030 (USD Million)
Table 79 Germany non-destructive testing market, by offering, 2017 - 2030 (USD Million)
Table 80 German non-destructive testing market, by test methods, 2017 - 2030 (USD Million)
Table 81 Germany non-destructive testing market, by vertical, 2017 - 2030 (USD Million)
Table 82 France non-destructive testing market, by offering, 2017 - 2030 (USD Million)
Table 83 France. non-destructive testing market, by test methods, 2017 - 2030 (USD Million)
Table 84 France non-destructive testing market, by vertical, 2017 - 2030 (USD Million)
Table 85 Asia Pacific non-destructive testing market, 2017 - 2030 (USD Million)
Table 86 Asia Pacific non-destructive testing market, by offering, 2017 - 2030 (USD Million)
Table 87 Asia Pacific non-destructive testing market, by test methods, 2017 - 2030 (USD Million)
Table 88 Asia Pacific non-destructive testing market, by vertical, 2017 - 2030 (USD Million)
Table 89 China non-destructive testing market, 2017 - 2030 (USD Million)
Table 90 China non-destructive testing market, by offering, 2017 - 2030 (USD Million)
Table 91 China non-destructive testing market, by test methods, 2017 - 2030 (USD Million)
Table 92 China non-destructive testing market, by vertical, 2017 - 2030 (USD Million)
Table 93 India non-destructive testing market, 2017 - 2030 (USD Million)
Table 94 India non-destructive testing market, by offering, 2017 - 2030 (USD Million)
Table 95 India non-destructive testing market, by test methods, 2017 - 2030 (USD Million)
Table 96 India non-destructive testing market, by vertical, 2017 - 2030 (USD Million)
Table 97 Japan non-destructive testing market, 2017 - 2030 (USD Million)
Table 98 Japan non-destructive testing market, by offering, 2017 - 2030 (USD Million)
Table 99 Japan non-destructive testing market, by test methods, 2017 - 2030 (USD Million)
Table 100 Japan non-destructive testing market, by vertical, 2017 - 2030 (USD Million)
Table 97 South Korea non-destructive testing market, 2017 - 2030 (USD Million)
Table 98 South Korea non-destructive testing market, by offering, 2017 - 2030 (USD Million)
Table 99 South Korea non-destructive testing market, by test methods, 2017 - 2030 (USD Million)
Table 100 South Korea non-destructive testing market, by vertical, 2017 - 2030 (USD Million)
Table 101 Latin America non-destructive testing market, 2017 - 2030 (USD Million)
Table 102 Latin America non-destructive testing market, by offering, 2017 - 2030 (USD Million)
Table 103 Latin America non-destructive testing market, by test methods, 2017 - 2030 (USD Million)
Table 104 Latin America non-destructive testing market, by vertical, 2017 - 2030 (USD Million)
Table 105 Brazil non-destructive testing market, 2017 - 2030 (USD Million)
Table 106 Brazil non-destructive testing market, by offering, 2017 - 2030 (USD Million)
Table 107 Brazil non-destructive testing market, by test methods, 2017 - 2030 (USD Million)
Table 108 Brazil non-destructive testing market, by vertical, 2017 - 2030 (USD Million)
Table 109 Mexico non-destructive testing market, 2017 - 2030 (USD Million)
Table 110 Mexico non-destructive testing market, by offering, 2017 - 2030 (USD Million)
Table 111 Mexico non-destructive testing market, by test methods, 2017 - 2030 (USD Million)
Table 112 Mexico non-destructive testing market, by vertical, 2017 - 2030 (USD Million)
Table 113 MEA non-destructive testing market, 2017 - 2030 (USD Million)
Table 114 MEA non-destructive testing market, by offering, 2017 - 2030 (USD Million)
Table 115 MEA non-destructive testing market, by test methods, 2017 - 2030 (USD Million)
Table 116 MEA non-destructive testing market, by vertical, 2017 - 2030 (USD Million)
Table 117 Saudi Arabia non-destructive testing market, 2017 - 2030 (USD Million)
Table 118 Saudi Arabia non-destructive testing market, by offering, 2017 - 2030 (USD Million)
Table 119 Saudi Arabia non-destructive testing market, by test methods, 2017 - 2030 (USD Million)
Table 120 Saudi Arabia non-destructive testing market, by vertical, 2017 - 2030 (USD Million)
Table 121 South Africa non-destructive testing market, 2017 - 2030 (USD Million)
Table 122 South Africa non-destructive testing market, by offering, 2017 - 2030 (USD Million)
Table 123 South Africa non-destructive testing market, by test methods, 2017 - 2030 (USD Million)
Table 124 South Africa non-destructive testing market, by vertical, 2017 - 2030 (USD Million)
Table 125 Company Categorization

List of Figures

Fig. 1 Non-Destructive Testing market, 2022 (USD Million)
Fig. 2 Non-Destructive Testing market segmentation and scope
Fig. 3 Non-Destructive Testing market, 2017 - 2030 (USD Million)
Fig. 4 Offering Segmental Insights
Fig. 5 Test Methods Segmental Insights
Fig. 6 Vertical Segmental Insights
Fig. 7 Value chain analysis
Fig. 8 Non-Destructive Testing market driver impact
Fig. 9 Non-Destructive Testing market restraint impact
Fig. 10 Non-Destructive Testing market opportunity impact
Fig. 11 Non-Destructive Testing penetration and growth prospects mapping
Fig. 12 Non-Destructive Testing market - Porter’s five forces analysis
Fig. 13 Non-Destructive Testing market - PEST analysis
Fig. 14 Non-Destructive Testing market, by offering, 2022 & 2030 (USD Million)
Fig. 15 Non-Destructive Testing market, by test methods, 2022 & 2030 (USD Million)
Fig. 16 Non-Destructive Testing market, by vertical, 2022 & 2030 (USD Million)
Fig. 17 Non-Destructive Testing market, by region, 2022 & 2030
Fig. 18 North America Non-Destructive Testing market - Key takeaways
Fig. 19 Europe Non-Destructive Testing market - Key takeaways
Fig. 20 Asia Pacific Non-Destructive Testing market - Key takeaways
Fig. 21 Latin America Non-Destructive Testing market - Key takeaways
Fig. 22 MEA Non-Destructive Testing market - Key takeaways

Market Segmentation

Non-Destructive Testing Offering Outlook (Revenue, USD Million, 2017 - 2030)
- Services
- Equipment
Non-Destructive Testing Test Methods Outlook (Revenue, USD Million; 2017 - 2030)
- Traditional NDT Method
  - Visual Testing
  - Magnetic Particle Testing
  - Liquid Penetrant Testing
  - Eddy Current Testing
  - Ultrasonic Testing
  - Radiographic Testing
- Digital/Advanced NDT
  - Method Digital Radiography (DR)
  - Phased Array Ultrasonic Testing (PAUT)
  - Pulsed Eddy Current (PEC)
  - Time-Of-Flight Diffraction (TOFD)
  - Alternating Current Field Measurement (ACFM)
  - Automated Ultrasonic Testing (AUT)
Non-Destructive Testing Vertical Outlook (Revenue, USD Million; 2017 - 2030)
- Oil & Gas
  - Upstream
  - Midstream
  - Downstream
- Manufacturing
- Aerospace and Defense
- Construction
- Automotive
- Power Generation
- Others
Non-Destructive Testing Regional Outlook (Revenue, USD Million, 2017 - 2030)
- North America
  - North America Offering Outlook (Revenue, USD Million, 2017 - 2030)
    - Services
    - Equipment
  - North America Test Methods Outlook (Revenue, USD Million, 2017 - 2030)
    - Traditional NDT Method
      - Visual Testing
      - Magnetic Particle Testing
      - Liquid Penetrant Testing
      - Eddy Current Testing
      - Ultrasonic Testing
      - Radiographic Testing
    - Digital/Advanced NDT
      - Method Digital Radiography (DR)
      - Phased Array Ultrasonic Testing (PAUT)
      - Pulsed Eddy Current (PEC)
      - Time-Of-Flight Diffraction (TOFD)
      - Alternating Current Field Measurement (ACFM)
      - Automated Ultrasonic Testing (AUT)
  - North America Vertical Outlook (Revenue, USD Million, 2017 - 2030)
    - Oil & Gas
      - Upstream
      - Midstream
      - Downstream
    - Manufacturing
    - Aerospace and Defense
    - Construction
    - Automotive
    - Power Generation
    - Others
  - U.S. Offering Outlook (Revenue, USD Million, 2017 - 2030)
    - Services
    - Equipment
  - U.S. Test Methods Outlook (Revenue, USD Million, 2017 - 2030)
    - Traditional NDT Method
      - Visual Testing
      - Magnetic Particle Testing
      - Liquid Penetrant Testing
      - Eddy Current Testing
      - Ultrasonic Testing
      - Radiographic Testing
    - Digital/Advanced NDT
      - Method Digital Radiography (DR)
      - Phased Array Ultrasonic Testing (PAUT)
      - Pulsed Eddy Current (PEC)
      - Time-Of-Flight Diffraction (TOFD)
      - Alternating Current Field Measurement (ACFM)
      - Automated Ultrasonic Testing (AUT)
  - U.S. Vertical Outlook (Revenue, USD Million, 2017 - 2030)
    - Oil & Gas
      - Upstream
      - Midstream
      - Downstream
    - Manufacturing
    - Aerospace and Defense
    - Construction
    - Automotive
    - Power Generation
    - Others
  - Canada Offering Outlook (Revenue, USD Million, 2017 - 2030)
    - Services
    - Equipment
  - Canada Test Methods Outlook (Revenue, USD Million, 2017 - 2030)
    - Traditional NDT Method
      - Visual Testing
      - Magnetic Particle Testing
      - Liquid Penetrant Testing
      - Eddy Current Testing
      - Ultrasonic Testing
      - Radiographic Testing
    - Digital/Advanced NDT
      - Method Digital Radiography (DR)
      - Phased Array Ultrasonic Testing (PAUT)
      - Pulsed Eddy Current (PEC)
      - Time-Of-Flight Diffraction (TOFD)
      - Alternating Current Field Measurement (ACFM)
      - Automated Ultrasonic Testing (AUT)
  - Canada Vertical Outlook (Revenue, USD Million, 2017 - 2030)
    - Oil & Gas
      - Upstream
      - Midstream
      - Downstream
    - Manufacturing
    - Aerospace and Defense
    - Construction
    - Automotive
    - Power Generation
    - Others
- Europe
  - Europe Offering Outlook (Revenue, USD Million, 2017 - 2030)
    - Services
    - Equipment
  - Europe Test Methods Outlook (Revenue, USD Million, 2017 - 2030)
    - Traditional NDT Method
      - Visual Testing
      - Magnetic Particle Testing
      - Liquid Penetrant Testing
      - Eddy Current Testing
      - Ultrasonic Testing
      - Radiographic Testing
    - Digital/Advanced NDT
      - Method Digital Radiography (DR)
      - Phased Array Ultrasonic Testing (PAUT)
      - Pulsed Eddy Current (PEC)
      - Time-Of-Flight Diffraction (TOFD)
      - Alternating Current Field Measurement (ACFM)
      - Automated Ultrasonic Testing (AUT)
  - Europe Vertical Outlook (Revenue, USD Million, 2017 - 2030)
    - Oil & Gas
      - Upstream
      - Midstream
      - Downstream
    - Manufacturing
    - Aerospace and Defense
    - Construction
    - Automotive
    - Power Generation
  - U.K. Offering Outlook (Revenue, USD Million, 2017 - 2030)
    - Services
    - Equipment
  - U.K. Test Methods Outlook (Revenue, USD Million, 2017 - 2030)
  - U.K. Vertical Outlook (Revenue, USD Million, 2017 - 2030)
    - Oil & Gas
      - Upstream
      - Midstream
      - Downstream
    - Manufacturing
    - Aerospace and Defense
    - Construction
    - Automotive
    - Power Generation
  - Germany Offering Outlook (Revenue, USD Million, 2017 - 2030)
    - Services
    - Equipment
  - Germany Test Methods Outlook (Revenue, USD Million, 2017 - 2030)
  - Germany Vertical Outlook (Revenue, USD Million, 2017 - 2030)
    - Oil & Gas
      - Upstream
      - Midstream
      - Downstream
    - Manufacturing
    - Aerospace and Defense
    - Construction
    - Automotive
    - Power Generation
  - France Offering Outlook (Revenue, USD Million, 2017 - 2030)
    - Services
    - Equipment
  - France Test Methods Outlook (Revenue, USD Million, 2017 - 2030)
  - France Vertical Outlook (Revenue, USD Million, 2017 - 2030)
    - Oil & Gas
      - Upstream
      - Midstream
      - Downstream
    - Manufacturing
    - Aerospace and Defense
    - Construction
    - Automotive
    - Power Generation
- Asia Pacific
  - Asia Pacific Offering Outlook (Revenue, USD Million, 2017 - 2030)
    - Services
    - Equipment
  - Asia Pacific Test Methods Outlook (Revenue, USD Million, 2017 - 2030)
    - Traditional NDT Method
      - Visual Testing
      - Magnetic Particle Testing
      - Liquid Penetrant Testing
      - Eddy Current Testing
      - Ultrasonic Testing
      - Radiographic Testing
    - Digital/Advanced NDT
      - Method Digital Radiography (DR)
      - Phased Array Ultrasonic Testing (PAUT)
      - Pulsed Eddy Current (PEC)
      - Time-Of-Flight Diffraction (TOFD)
      - Alternating Current Field Measurement (ACFM)
      - Automated Ultrasonic Testing (AUT)
  - Asia Pacific Vertical Outlook (Revenue, USD Million, 2017 - 2030)
    - Oil & Gas
      - Upstream
      - Midstream
      - Downstream
    - Manufacturing
    - Aerospace and Defense
    - Construction
    - Automotive
    - Power Generation
  - China Offering Outlook (Revenue, USD Million, 2017 - 2030)
    - Services
    - Equipment
  - China Test Methods Outlook (Revenue, USD Million, 2017 - 2030)
    - Traditional NDT Method
      - Visual Testing
      - Magnetic Particle Testing
      - Liquid Penetrant Testing
      - Eddy Current Testing
      - Ultrasonic Testing
      - Radiographic Testing
    - Digital/Advanced NDT
      - Method Digital Radiography (DR)
      - Phased Array Ultrasonic Testing (PAUT)
      - Pulsed Eddy Current (PEC)
      - Time-Of-Flight Diffraction (TOFD)
      - Alternating Current Field Measurement (ACFM)
      - Automated Ultrasonic Testing (AUT)
  - China Vertical Outlook (Revenue, USD Million, 2017 - 2030)
    - Oil & Gas
      - Upstream
      - Midstream
      - Downstream
    - Manufacturing
    - Aerospace and Defense
    - Construction
    - Automotive
    - Power Generation
  - India Offering Outlook (Revenue, USD Million, 2017 - 2030)
  - India Test Methods Outlook (Revenue, USD Million, 2017 - 2030)
    - Traditional NDT Method
      - Visual Testing
      - Magnetic Particle Testing
      - Liquid Penetrant Testing
      - Eddy Current Testing
      - Ultrasonic Testing
      - Radiographic Testing
    - Digital/Advanced NDT
      - Method Digital Radiography (DR)
      - Phased Array Ultrasonic Testing (PAUT)
      - Pulsed Eddy Current (PEC)
      - Time-Of-Flight Diffraction (TOFD)
      - Alternating Current Field Measurement (ACFM)
      - Automated Ultrasonic Testing (AUT)
  - India Vertical Outlook (Revenue, USD Million, 2017 - 2030)
    - Oil & Gas
      - Upstream
      - Midstream
      - Downstream
    - Manufacturing
    - Aerospace and Defense
    - Construction
    - Automotive
    - Power Generation
  - Japan Offering Outlook (Revenue, USD Million, 2017 - 2030)
    - Services
    - Equipment
  - Japan Test Methods Outlook (Revenue, USD Million, 2017 - 2030)
    - Traditional NDT Method
      - Visual Testing
      - Magnetic Particle Testing
      - Liquid Penetrant Testing
      - Eddy Current Testing
      - Ultrasonic Testing
      - Radiographic Testing
    - Digital/Advanced NDT
      - Method Digital Radiography (DR)
      - Phased Array Ultrasonic Testing (PAUT)
      - Pulsed Eddy Current (PEC)
      - Time-Of-Flight Diffraction (TOFD)
      - Alternating Current Field Measurement (ACFM)
      - Automated Ultrasonic Testing (AUT)
  - Japan Vertical Outlook (Revenue, USD Million, 2017 - 2030)
    - Oil & Gas
      - Upstream
      - Midstream
      - Downstream
      - Manufacturing
      - Aerospace and Defense
      - Construction
      - Automotive
      - Power Generation
  - South Korea Offering Outlook (Revenue, USD Million, 2017 - 2030)
    - Services
    - Equipment
  - South Korea Test Methods Outlook (Revenue, USD Million, 2017 - 2030)
    - Traditional NDT Method
      - Visual Testing
      - Magnetic Particle Testing
      - Liquid Penetrant Testing
      - Eddy Current Testing
      - Ultrasonic Testing
      - Radiographic Testing
    - Digital/Advanced NDT
      - Method Digital Radiography (DR)
      - Phased Array Ultrasonic Testing (PAUT)
      - Pulsed Eddy Current (PEC)
      - Time-Of-Flight Diffraction (TOFD)
      - Alternating Current Field Measurement (ACFM)
      - Automated Ultrasonic Testing (AUT)
  - South Korea Vertical Outlook (Revenue, USD Million, 2017 - 2030)
    - Oil & Gas
      - Upstream
      - Midstream
      - Downstream
    - Manufacturing
    - Aerospace and Defense
    - Construction
    - Automotive
    - Power Generation
- Latin America
  - Latin America Offering Outlook (Revenue, USD Million, 2017 - 2030)
    - Services
    - Equipment
  - Latin America Test Methods Outlook (Revenue, USD Million, 2017 - 2030)
    - Traditional NDT Method
      - Visual Testing
      - Magnetic Particle Testing
      - Liquid Penetrant Testing
      - Eddy Current Testing
      - Ultrasonic Testing
      - Radiographic Testing
    - Digital/Advanced NDT
      - Method Digital Radiography (DR)
      - Phased Array Ultrasonic Testing (PAUT)
      - Pulsed Eddy Current (PEC)
      - Time-Of-Flight Diffraction (TOFD)
      - Alternating Current Field Measurement (ACFM)
      - Automated Ultrasonic Testing (AUT)
  - Latin America Vertical Outlook (Revenue, USD Million, 2017 - 2030)
    - Oil & Gas
      - Upstream
      - Midstream
      - Downstream
    - Manufacturing
    - Aerospace and Defense
    - Construction
    - Automotive
    - Power Generation
  - Brazil Offering Outlook (Revenue, USD Million, 2017 - 2030)
    - Services
    - Equipment
  - Brazil Test Methods Outlook (Revenue, USD Million, 2017 - 2030)
    - Traditional NDT Method
      - Visual Testing
      - Magnetic Particle Testing
      - Liquid Penetrant Testing
      - Eddy Current Testing
      - Ultrasonic Testing
      - Radiographic Testing
    - Digital/Advanced NDT
      - Method Digital Radiography (DR)
      - Phased Array Ultrasonic Testing (PAUT)
      - Pulsed Eddy Current (PEC)
      - Time-Of-Flight Diffraction (TOFD)
      - Alternating Current Field Measurement (ACFM)
      - Automated Ultrasonic Testing (AUT)
  - Brazil Vertical Outlook (Revenue, USD Million, 2017 - 2030)
    - Oil & Gas
      - Upstream
      - Midstream
      - Downstream
    - Manufacturing
    - Aerospace and Defense
    - Construction
    - Automotive
    - Power Generation
  - Mexico Offering Outlook (Revenue, USD Million, 2017 - 2030)
    - Services
    - Equipment
  - Mexico Test Methods Outlook (Revenue, USD Million, 2017 - 2030)
    - Traditional NDT Method
      - Visual Testing
      - Magnetic Particle Testing
      - Liquid Penetrant Testing
      - Eddy Current Testing
      - Ultrasonic Testing
      - Radiographic Testing
    - Digital/Advanced NDT
      - Method Digital Radiography (DR)
      - Phased Array Ultrasonic Testing (PAUT)
      - Pulsed Eddy Current (PEC)
      - Time-Of-Flight Diffraction (TOFD)
      - Alternating Current Field Measurement (ACFM)
      - Automated Ultrasonic Testing (AUT)
  - Mexico Vertical Outlook (Revenue, USD Million, 2017 - 2030)
    - Oil & Gas
      - Upstream
      - Midstream
      - Downstream
    - Manufacturing
    - Aerospace and Defense
    - Construction
    - Automotive
    - Power Generation
- Middle East & Africa (MEA)
  - Middle East & Africa (MEA) Offering Outlook (Revenue, USD Million, 2017 - 2030)
    - Services
    - Equipment
  - Middle East & Africa (MEA) Test Methods Outlook (Revenue, USD Million, 2017 - 2030)
    - Traditional NDT Method
      - Visual Testing
      - Magnetic Particle Testing
      - Liquid Penetrant Testing
      - Eddy Current Testing
      - Ultrasonic Testing
      - Radiographic Testing
    - Digital/Advanced NDT
      - Method Digital Radiography (DR)
      - Phased Array Ultrasonic Testing (PAUT)
      - Pulsed Eddy Current (PEC)
      - Time-Of-Flight Diffraction (TOFD)
      - Alternating Current Field Measurement (ACFM)
      - Automated Ultrasonic Testing (AUT)
  - Middle East & Africa (MEA) Vertical Outlook (Revenue, USD Million, 2017 - 2030)
    - Oil & Gas
      - Upstream
      - Midstream
      - Downstream
    - Manufacturing
    - Aerospace and Defense
    - Construction
    - Automotive
    - Power Generation
  - Saudi Arabia Offering Outlook (Revenue, USD Million, 2017 - 2030)
    - Services
    - Equipment
  - Saudi Arabia Test Methods Outlook (Revenue, USD Million, 2017 - 2030)
    - Traditional NDT Method
      - Visual Testing
      - Magnetic Particle Testing
      - Liquid Penetrant Testing
      - Eddy Current Testing
      - Ultrasonic Testing
      - Radiographic Testing
    - Digital/Advanced NDT
      - Method Digital Radiography (DR)
      - Phased Array Ultrasonic Testing (PAUT)
      - Pulsed Eddy Current (PEC)
      - Time-Of-Flight Diffraction (TOFD)
      - Alternating Current Field Measurement (ACFM)
      - Automated Ultrasonic Testing (AUT)
  - Saudi Arabia Vertical Outlook (Revenue, USD Million, 2017 - 2030)
    - Oil & Gas
      - Upstream
      - Midstream
      - Downstream
    - Manufacturing
    - Aerospace and Defense
    - Construction
    - Automotive
    - Power Generation
  - South Africa Offering Outlook (Revenue, USD Million, 2017 - 2030)
    - Services
    - Equipment
  - South Africa Test Methods Outlook (Revenue, USD Million, 2017 - 2030)
    - Traditional NDT Method
      - Visual Testing
      - Magnetic Particle Testing
      - Liquid Penetrant Testing
      - Eddy Current Testing
      - Ultrasonic Testing
      - Radiographic Testing
    - Digital/Advanced NDT
      - Method Digital Radiography (DR)
      - Phased Array Ultrasonic Testing (PAUT)
      - Pulsed Eddy Current (PEC)
      - Time-Of-Flight Diffraction (TOFD)
      - Alternating Current Field Measurement (ACFM)
      - Automated Ultrasonic Testing (AUT)
  - South Africa Vertical Outlook (Revenue, USD Million, 2017 - 2030)
    - Oil & Gas
      - Upstream
      - Midstream
      - Downstream
    - Manufacturing
    - Aerospace and Defense
    - Construction
    - Automotive
    - Power Generation

Non-destructive Testing Market Dynamics

Driver: Technological advancements in NDT

The main objectives of non-destructive testing are the assessment, examination, and testing of materials, assemblies, and components that are either raw materials or parts of a system. NDT ensures that the features of the thing being tested are not changed or interfered with, ensuring that the thing will continue to function consistently once the test is over. NDT has seen several technical developments throughout the years, primarily due to improvements in tools and processes. For example, conventional test techniques utilized in NDT welding included radiography, liquid penetrant, visual, and ultrasonic testing to assess the quality of the welds. Nevertheless, it turned out that these methods needed to be revised to quantify flaws. The application of image and signal processing techniques in combination with traditional testing methods has been made possible by recent developments in NDT technology, which has significantly improved test and derived result quality.

Additionally, advancements in testing apparatus and protocols have significantly improved concrete structure defect identification. Test results have improved due to the application of cutting-edge methods, such as the Ultrasonic Plus Velocity (UPV) approach, which uses the compression wave methodology. Additionally, the UPV approach allows for semi-continuous data collection for any structure, significantly increasing testing speed and data quality.

Driver: Growing industrialization and urbanization

Global industrialization and urbanization rates have accelerated due to notable economic stability in several countries. The creation of industrial centers, automation of already-existing facilities, and rising building costs have all contributed to the manufacturing sector's increased need for raw materials, systems, and components. In actuality, NDT may be used to test assemblies, components, and raw materials at any level of the production process. NDT is crucial for testing and evaluating the current equipment and systems, and it also plays a significant part in the manufacturing stage. In addition, the construction sector is expanding at the quickest rate and shows no indications of slowing down shortly. Global urbanization and population growth are driving the need for visual and non-visual assessment of structures. NDT is frequently employed for several tasks, including finding concrete cracks and evaluating the material's and the structure's strength. For the duration of the projection, the expansion of the construction sector worldwide is thus anticipated to drive demand for NDT.

Restraint: Lack of skilled workforce

NDT techniques necessitate the use of sophisticated machinery with similarly complicated operations. Tests involving several NDT techniques, including penetrant, ultrasonic, magnetic particle, and CT testing, must be performed by qualified personnel. In addition, the expensive price makes it impossible for an inexperienced technician to utilize the equipment. For the reasons listed above, technicians undertaking NDT operations must be certified by reputable organizations and have proper training. In addition to requiring a graduate or undergraduate degree, most NDT training programs favor applicants with prior technical experience. Because of the expected low return on investment, fewer candidates engage in NDT training programs because the institutions' programs are expensive. The NDT sector needs competent staff to conduct procedures with significant speed, competence, and safety of the equipment and the entity under test. The rapid advancements in industrial processes worldwide present an excellent opportunity for exponential growth in the NDT industry. Throughout the projection period, the NDT market's expansion is anticipated to be hampered by a shortage of qualified technicians.

What Does This Report Include?

This section will provide insights into the contents included in this non-destructive testing market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Non-destructive testing market qualitative analysis

Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
- Company overview
- Financial performance
- Product benchmarking
- Latest strategic developments

Non-destructive testing market quantitative analysis

Market size, estimates, and forecast from 2017 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance

Research Methodology

A three-pronged approach was followed for deducing the non-destructive testing market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for non-destructive testing market to gather the most reliable and current information possible.

We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of non-destructive testing market data depending on the type of information we’re trying to uncover in our research.

Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.
Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.
Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.
Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.
Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.
This step also entails the finalization of the report scope and data representation pattern.
Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

Non-destructive Testing Market Categorization:

The non-destructive testing market was categorized into four segments, namely offering (Services, Equipment), test methods (Traditional NDT Method, Digital/Advanced NDT Method), vertical (Oil & Gas, Manufacturing, Aerospace and Defense, Construction, Automotive, Power Generation), and region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa).

Segment Market Methodology:

The non-destructive testing market was segmented into offering , test methods, vertical, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

Demand estimation of each product across countries/regions summed up to from the total market.
Variable analysis for demand forecast.
Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.
Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

Used extensively for new product forecasting or analyzing penetration levels.
Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.
Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The non-destructive testing market was analyzed at a regional level. The global was divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into thirteen countries, namely, the U.S.; Canada; the UK.; Germany; France; China; Japan; India; South Korea; Brazil; Mexico; Saudi Arabia; South Africa.

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

Non-destructive testing market companies & financials:

The non-destructive testing market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

Ashtead Technology - In its primary business, Ashtead Technology offers comprehensive, designed systems for monitoring and inspecting offshore and onshore environments. The business provides subsea inspection and diving equipment, environmental and safety, hydrographic and geophysical, metocean, location, non-destructive testing, ROV tooling, and ROV survey sensors for hire. The business also offers new and used equipment. Additionally, it provides training, system integration, calibration, asset management, cable molding and connectors, and offshore advice and assistance for the upkeep of onshore and offshore equipment. In addition, the business uses its hubs in Houston, London, Aberdeen, Abu Dhabi, and Singapore for operations.
Eddyfi - Eddyfi is a company that manufactures and markets non-destructive testing apparatus. The business intends to concentrate on advancing Eddy Current Array (ECA) technology. Moreover, it creates specialized test equipment, analytical software, and acquisition tools. The firm serves the nuclear, oil and gas, aerospace, and power-generating industries. Eddyfi invests a significant amount of money in R&D and new product development to provide the best solutions to both new and established sectors. With offices in the US, UK, France, South Africa, and the United Arab Emirates, the corporation offers its goods in over 80 countries.
Fischer Technologies Inc. - The primary activities of Fischer Technologies Inc. are the production of instruments for coating thickness measuring, material testing, and material analysis. The company's areas of expertise include surface profile measuring, paint thickness measurement, wall thickness measurement, PCB thickness measurement, porosity testing, coating thickness measurement, nanoindentation, measurement devices, and materials analysis. Fischer Technologies Inc. provides solutions for various industries, including printed circuit boards, intricate aerospace problems, and straightforward painting applications.
General Electric - A wide range of business units make up General Electric, including Baker Hughes, a GE Company (BHGE), GE Power, GE Healthcare, GE Aviation, GE Digital, GE Transportation, GE Renewable Energy, GE Addictive, GE Lighting, GE Capital, and GE Global Research. Additionally, the company launched Current, powered by GE, a line of business offering GE energy solutions linked with software and sensors. GE Oil & Gas and Baker Hughes merged to establish BHGE on July 3, 2017. Globally, governments, businesses, and other clients can purchase energy generation equipment and services from the GE Power business division. Complete non-destructive testing solutions and equipment, including computed tomography, ultrasound, remote visual inspection, and radiography, are offered by BHGE. In addition, BHGE provides services, including equipment rentals, maintenance, training, product-specific services, and technical support. General Electric has a significant global footprint with production and distribution facilities spread across North America, Europe, Asia Pacific, the Middle East, and Africa. In more than 180 countries, the corporation provides its goods and services. It uses direct and indirect methods to market and distribute its goods and services. The company's network of independent distributors is one of its indirect channels; its sales force makes up its direct channels.
Nikon Corporation - Nikon Corporation's primary business is manufacturing and distributing image and optical equipment. The firm produces many other items, including semiconductors and measuring tools, even though its binoculars and cameras are its best-known products. The business is divided into four divisions: Industrial Metrology & others, Precision Equipment Business, Imaging Products Business, and Healthcare Business. The firm offers a range of inspection and measurement tools, including industrial microscopes, measuring instruments, and non-destructive inspection systems, under the Industrial Metrology & Others sector. The Imaging Source Europe GmbH, SCHOTT AG, Inspection Optical Systems AB, Clemex Technologies Inc., JEOL (Europe) BV, and Prior Scientific Instruments Ltd. were among the vendors with whom Nikon Corporation began the Strategic Partnership Program in 2016. The program aimed to provide clients with the best possible solution for measurement, inspection, and production problems. In 2021, the corporation allocated USD 541.5 million to research and development operations, followed by investments of USD 578.6 million in 2020 and USD 576.4 million in 2019.
Mistras Group - Offering asset protection solutions for assessing the structural integrity and dependability of vital public, industrial, and energy infrastructure is Mistras Group's primary business. The business offers specialized solutions that range from complicated to regular inspections by merging goods and technology. Mistras Group, Inc. provides mechanical integrity, predictive maintenance, destructive testing, and non-destructive testing services. Mistras Services, Mistras International, and Mistras Product & Systems are the three business sectors that comprise the firm. The firm provides engineering services, non-destructive testing, inspection, and asset protection solutions to the United States and Canada via the Mistras Services segment. Meanwhile, the business provides its goods and services to international markets, such as those in the Middle East, Europe, Latin America, Asia, and Africa, under the Mistras International division. The Mistras Group employs nearly 2,000 people abroad and has over 120 offices across 14 countries. Rockwood Service Corporation, APPLUS RTD, SGS Group, and Team, Inc.'s Team Qualspec business are some of the company's main rivals. In addition, the corporation allocated USD 2.5 million for research and engineering in 2020, USD 2.9 million for the same year, and USD 3.0 million for 2018.
Olympus Corporation - Olympus Corporation's primary business is producing and internationally distributing equipment and precision instruments. The four business segments of the corporation are Imaging, Scientific Solutions, Medical, and others. The firm sells industrial endoscopes, industrial microscopes, biological microscopes, and non-destructive testing tools under the Scientific Solutions division. Many sectors, including aerospace, mining & geology, chemical, automotive, specialty, security & defense, inspection service, oil & gas, and railway, are among those to which Olympus Corporation provides its goods and services. The company operates through 108 subsidiaries globally, in more than 200 locations across six continents. Its direct competitors include HOYA Corporation, FUJIFILM Corporation, Boston Scientific Corporation, KARL STORZ GmbH & Co. KG, Medtronic, Inc., and Ethicon Endo-Surging Inc. In 2021, the company spent USD 739,6 million on R&D; in 2020, USD 816,3 million; and in 2019, USD 847,6 million.
Sonatest - Sonatest is primarily engaged in the development of non-destructive testing equipment. The company offers parts, flaw detectors, coating gauges, thickness gauges, automatic UT inspection, transmitters, calibration, and scanners. These are ideal for construction, aerospace, metallurgy and assembly, composite inspection, engineering, marine, oil, and gas industries for their application in thickness measurement, corrosion testing, welding inspection, coating measurement, and composite inspection. Sonatest has corporate locations in the United States, Canada, and the United Kingdom. It is an R&D group in Canada focusing on advanced device design and new product development. Their office in the US is responsible for sales, product support, and service in that region. The company manages its fault detectors' manufacturing, sales, research, and design from its UK headquarters.
Yxlon International - YXLON International provides Computed tomography (CT) and X-ray systems for non-destructive testing and analysis. It is a subsidiary of Comet Holding AG, founded in 1948, that provides worldwide solutions for electron beam, radio frequency, and X-ray technology. The company's product portfolio encompasses a variety of systems, including CT and X-ray systems, as well as automated, customized, and complex systems. It also offers training, remote diagnosis, and installation services worldwide for X-ray and CT systems. Its business encompasses various sectors, including engineering, manufacturing and metrology, aerospace, electronics, and welding inspection. Additionally, it operates through a network of representatives in more than 50 countries.
MME Group - The MME Group has been manufacturing and selling non-destructive testing solutions for over 50 years, catering to various industries such as oil and gas, marine, and construction. Non-destructive testing, advanced NDT technology, marine research, cathodic protection, anti-sea growth, and cable access are among the solutions offered by the company. Furthermore, the business furnishes aluminum alloy equipment, playground facilities, and recreational security services. Ultrasonic testing, radiographic testing, testing of magnetic particles, penetration testing (including X-ray machines), current testing with high frequency, visual inspection tests, and hardness testing are all NDT testing services provided by MME Group. It offers digital radiography, electromagnetic radiation testing, time-of-flight differential, and automated ultrasonic testing as part of its advanced NDT services. MME Group is a private company. The organization has received certifications from ISO 9001 MMT, ISO/IEC 17020 NDT, DNV GL NTD, and NR669 Supplier NDM Approval.

Value chain-based sizing & forecasting

Supply Side Estimates

Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.
Segment revenue determination via variable analysis and penetration modeling.
Competitive benchmarking to identify market leaders and their collective revenue shares.
Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

Identifying parent markets and ancillary markets
Segment penetration analysis to obtain pertinent
revenue/volume
Heuristic forecasting with the help of subject matter experts
Forecasting via variable analysis

Non-destructive Testing Market Report Objectives:

Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.
Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.
Understanding market estimates and forecasts (with the base year as 2022, historic information from 2017 to 2021, and forecast from 2023 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

Non-destructive Testing Market Report Assumptions:

The report provides market value for the base year 2022 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.
The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.
We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.
All market estimates and forecasts have been validated through primary interviews with the key industry participants.
Inflation has not been accounted for to estimate and forecast the market.
Numbers may not add up due to rounding off.
Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).
Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).
Latin America includes Central American countries and the South American continent
Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.
Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.

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