Nondestructive testing (NDT) is the application of measurement techniques to identify defect and discontinuity in material, component, or structure.
The market growth is supplemented by the increase in stringent safety government regulations across different geographical regions owing to rise in incidence of infrastructure failures and need for extending the life of obsolete infrastructure and maintenance optimization by various industries for efficient operations and quality/safety assurance.
North America dominated the global non-destructive testing equipment market, accounting for 35.77% of the overall market. Huge investments in energy verticals such as oil and gas are majorly driving the market growth in North America.
The automotive industry is likely to contribute a large share to market revenues in Europe. Asia Pacific is expected to be the fastest growing region through the forecast period.
In 2019, the market size of Nondestructive Testing Equipment is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Nondestructive Testing Equipment.
This report studies the global market size of Nondestructive Testing Equipment, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Nondestructive Testing Equipment production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
General Electric
Olympus
Fujifilm
Eddyfi
Pfinder
Nikon
Ashtead
Sonatest
Bosello High Technology
Magnaflux
Socomore and Zetec
Yxlon
Mistras
Market Segment by Product Type
Ultrasonic Testing
Radiography Testing
Visual Inspection Testing
Magnetic Particle Testing & Electromagnetic Testing
Eddy-Current Testing
Liquid Penetrant Testing
Others (Thermography Testing, Acoustic Emission, Terahertz Imaging, and Infrared Testing)
Market Segment by Application
Oil & Gas
Energy & power
Aerospace & Defense
Automotive & transportation
Infrastructure
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Nondestructive Testing Equipment status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Nondestructive Testing Equipment manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Nondestructive Testing Equipment are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Nondestructive Testing Equipment . Industry analysis & Market Report on Nondestructive Testing Equipment is a syndicated market report, published as Global (United States, European Union and China) Nondestructive Testing Equipment Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Nondestructive Testing Equipment market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.