Nondestructive Testing

  1. 11 Jan 2023  |  Global

    Global Non-destructive (NDT) Testing Software Growth Opportunities

    Increasing Interest in Digitalization will Enhance the Future Growth Potential of NDT Software

    This research analyzes the global trends in NDT software and discusses their impact on the market's growth. It provides a detailed landscape of the industry drivers, restraints, and segments. Historically, the NDT software market has had steady growth, with software sales predominantly tied to testing and inspection requirements across industries. ...

  2. 23 Dec 2022  |  Global

    Global Non-destructive Testing (NDT) Equipment Growth Opportunities—Forecast to 2028

    The Post-pandemic Major Recovery in Operations and the Growth of the Composite Materials Market Fuel NDT Equipment Growth

    COVID-19 brought about major changes for companies and industries globally, followed by a recovery of operations in 2021. 2022 began with the war between Russia and Ukraine, which created fears of a global recession and inflation, resulting in uncertainties among manufacturers to plan future investments. While Europe is likely to be affected more, ...

  3. 03 Aug 2022  |  Global

    Global Emerging NDT Techniques Growth Opportunities

    Innovative Business Models, Demand for Reduced Operational Costs, and Technical Advantages over Conventional Techniques Boost Emerging NDT Growth

    Non-destructive testing (NDT) is the process of inspecting, testing, or assessing materials, components, sub-assemblies, and assemblies for defects (surface and sub-surface level defects) that can compromise product quality and/or cause premature product failures. Industries (process and discrete) have used NDT for decades to ensure the quality of ...

  4. 21 Dec 2020  |  Global

    Third-party NDT Technologies to Drive the Global NDT Inspection Services Market Growth, 2020

    Affordability and Enhanced User Experience Create New Growth Opportunities

    The global non-destructive testing (NDT) services market revenue in 2020 is $8,865.9 million, and is expected to grow at a compound annual growth rate (CAGR) of 3.2% between 2020 and 2025. North America (NA) is the biggest market for NDT services, holding 32.4% of the global revenue. The Asia-Pacific (APAC) region is expected to witness the highest...

  5. 14 May 2019  |  Global

    Global Corrosion Monitoring Market, Forecast to 2025

    Revenue Growth Is Fueled by Non-intrusive Corrosion Monitoring

    The corrosion monitoring plays a vital role in several industries and assists in raising productivity and decreasing the downtime. There is a clear shift from intrusive corrosion monitoring techniques to non-intrusive corrosion monitoring technique. This is mainly due to the inherent disadvantages related to safety in intrusive corrosion monitoring...

  6. 12 Oct 2018  |  Global

    Global Non-Destructive Testing Inspection Services Market, Forecast to 2022

    Oil & Gas Market Recovery and Online Monitoring Technologies Drive Growth

    The non-destructive testing (NDT) inspection services market rebounded in 2017 after two years of negative growth. It is expected to transform over the next five years with the advent of new technologies, changing customer requirements regarding connectivity and analytics features, and novel business models. The market was worth $8.79 billion in 20...

  7. 23 Feb 2018  |  Asia Pacific

    Nondestructive Testing (NDT) Inspection Services Market in Emerging Asia-Pacific, Forecast to 2022

    Regulatory Compliance Amidst Rapid Industrial Proliferation, Propelled by Favorable Government Policies for Investors to Drive the Overall Market Growth

    With fluctuating and generally declining global oil prices, political instability, and many other factors, NDT inspection service providers have faced questions regarding their growth strategies going forward. Renewable energy is expected to be an emerging market for growth. Aging plant equipment and their inspection are opening up avenues for NDT ...

  8. 28 Dec 2017  |  Global

    Global Non-destructive Test Equipment Market, Forecast to 2022

    High Growth Potential in the APAC Region is Set to Drive the Overall Revenues by 2022

    The global non-destructive testing (NDT) equipment market is projected to witness significant growth owing to infrastructure projects across the world, especially in the APAC region, along with the increasing demand to improve the quality and life cycle of machines. Some of the major companies involved in the production and manufacturing of non-d...

  9. 29 Jan 2016  |  Global

    Global Test and Measurement Industry, Vision 2025

    Software-Defined Instruments and Reinvented Business Models to Impact Market Outlook, Communication Test Revenues to Soar

    This study provides a detailed analysis of how global Mega Trends are rapidly changing the business and technology landscape of the test and measurement industry from 2015 to 2025. It examines 6 segments of the industry: general purpose electronic test, data acquisition, communication test, non-destructive test, condition monitoring, and dimensiona...