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

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

RELEASE DATE
23-Feb-2018
REGION
Asia Pacific
Research Code: P9DB-01-00-00-00
SKU: TM00520-AP-MR_21598

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Description

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 inspection services.

Research Scope

  1. Market size, forecasts and trends for the study period, 2014–2022;
  2. Regional trends: Prominent and developing markets (Indonesia, Thailand, Vietnam);
  3. Key market participant insights (Market share, competitive assessment);
  4. Growth opportunities across the market that influence the adoption of NDT inspection services;
  5. Analysis of end-user applications such as oil and gas (upstream, midstream, downstream), power generation, and others (transportation, automotive, manufacturing, and so on)

The study also discusses key market drivers and restraints and provides prevalent market and technology trends and growth opportunities. It sheds light on some of the key initiatives by competitors: Applus+ RTD, Bureau Veritas, and others.


Key Features

This study aims to analyze and forecast the NDT inspection services market from 2017 to 2022. It discusses various market dynamics, drivers, and restraints impacting the market in Indonesia, Thailand, and Vietnam. The report also provides information on key end users and opportunities in the industry. The study features a comparison between companies based on a few select parameters. Growth opportunities in the NDT inspection services market have also been included in the study.


Key Issues Addressed

  • Which are the emerging growth markets for NDT inspection services in Asia Pacific?
  • What are the drivers and restraints that affect the emerging markets?
  • Which are the key end-user industries exhibiting growth?
  • Which are the major competitors in these markets and what are their market shares?
  • What is the size of the market across different countries and which country offers the most attractive growth opportunities?

Key Conclusion

The NDT inspection services market is expected to exhibit strong growth in these emerging countries owing to steady Foreign Direct Investment (FDI) inflows and favorable government policies in the region. Worth $64.0 million in 2017, the market’s revenues are expected to reach $76.7 million in 2022, at a steady CAGR of 3.7%, with growth rates and revenues varying across end-user verticals and countries.

RESEARCH: INFOGRAPHIC

This infographic presents a brief overview of the research, and highlights the key topics discussed in it.
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Table of Contents

Key Findings

Market Engineering Measurements

CEO’s Perspective

Scope of Study

Market Overview—Definitions

Market Segmentation

Market Engineering Measurements

Revenue Forecast

Percent Revenue Forecast by Country

Revenue Forecast by Country

Energy Landscape in the Emerging Nations

Policies and Regulations for Renewable Energy

Percent Revenue Forecast by Vertical Market

Revenue Forecast by Vertical Market

Technology Assessment

Market Share

Market Share Analysis

Competitive Environment

Competitive Factors and Assessment

Growth Opportunity 1—Data Analytics Service Solutions

Growth Opportunity 2—Increasing Investments in Renewables

Strategic Imperatives for Success and Growth

Indonesia—Key Findings

Market Engineering Measurements

Revenue Forecast

Revenue Forecast by Vertical Market

Top Vertical Markets for NDT Inspection Services

Thailand—Key Findings

Market Engineering Measurements

Revenue Forecast

Revenue Forecast by Vertical Market

Top Vertical Markets for NDT Inspection Services

Vietnam—Key Findings

Market Engineering Measurements

Revenue Forecast

Revenue Forecast by Vertical Market

Top Vertical Markets for NDT Inspection Services

The Last Word—3 Big Predictions

Legal Disclaimer

Market Engineering Methodology

List of Companies in “Others”

Partial List of Companies Interviewed

List of Exhibits

List of Figures
  • 1. Total NDT Inspection Services Market: Key Market Drivers, Indonesia, Thailand, and Vietnam, 2018–2022
  • 2. Total NDT Inspection Services Market: Key Market Restraints, Indonesia, Thailand, and Vietnam, 2018–2022
  • 3. Total NDT Inspection Services Market: Market Engineering Measurements, Indonesia, Thailand, and Vietnam, 2017
  • 4. Total NDT Inspection Services Market: Revenue Forecast by Country, Indonesia, Thailand, and Vietnam, 2014–2022
  • 5. Total NDT Inspection Services Market: Policies and Regulations for Renewable Energy, Indonesia, Thailand, and Vietnam, 2017
  • 6. Total NDT Inspection Services Market: Revenue Forecast by Vertical Market, Indonesia, Thailand, and Vietnam, 2014–2022
  • 7. Total NDT Inspection Services Market: Company Market Share Analysis of Top 5 Participants, Indonesia, Thailand, and Vietnam, 2017
  • 8. Total NDT Inspection Services Market: Competitive Structure, Indonesia, Thailand, and Vietnam, 2017
  • 9. NDT Inspection Services Market: Market Engineering Measurements, Indonesia, 2017
  • 10. NDT Inspection Services Market: Market Engineering Measurements, Thailand, 2017
  • 11. NDT Inspection Services Market: Market Engineering Measurements, Vietnam, 2017
List of Charts
  • 1. Total NDT Inspection Services Market: Market Engineering Measurements, Indonesia, Thailand, and Vietnam, 2017
  • 2. Total NDT Inspection Services Market: Percent Revenue Breakdown, Indonesia, Thailand, and Vietnam, 2017
  • 3. NDT Inspection Services Market: Brent Crude Oil Spot Price, Global, 2010–2017
  • 4. Total NDT Inspection Services Market: Revenue Forecast, Indonesia, Thailand, and Vietnam, 2014–2022
  • 5. Total NDT Inspection Services Market: Percent Revenue Forecast by Country, Indonesia, Thailand, and Vietnam, 2014–2022
  • 6. Total NDT Inspection Services Market: Percent Revenue Forecast by Vertical Market, Indonesia, Thailand, and Vietnam, 2014–2022
  • 7. Total NDT Inspection Services Market: Percent Revenue Split by Technology, Indonesia, Thailand, and Vietnam, 2017
  • 8. Total NDT Inspection Services Market: Percent Revenue Breakdown, Indonesia, Thailand, and Vietnam, 2017
  • 9. Total NDT Inspection Services Market: Competitive Factors Assessment, Indonesia, Thailand, and Vietnam, 2017
  • 10. GDP Composition by Sector, Indonesia, 2017
  • 11. Total NDT Inspection Services Market: Percent Revenue Breakdown, Indonesia, Thailand, and Vietnam, 2017
  • 12. NDT Inspection Services Market: Revenue Forecast, Indonesia, 2014–2022
  • 13. NDT Inspection Services Market: Revenue Forecast by Vertical Market, Indonesia, 2014–2022
  • 14. NDT Inspection Services Market: Top Vertical Markets, Indonesia, 2017–2022
  • 15. GDP Composition by Sector, Thailand, 2017
  • 16. Total NDT Inspection Services Market: Percent Revenue Breakdown, Indonesia, Thailand, and Vietnam, 2017
  • 17. NDT Inspection Services Market: Revenue Forecast, Thailand, 2014–2022
  • 18. NDT Inspection Services Market: Revenue Forecast by Vertical Market, Thailand, 2014–2022
  • 19. NDT Inspection Services Market: Top Vertical Markets, Thailand, 2017–2022
  • 20. Total NDT Inspection Services Market: Percent Revenue Breakdown, Indonesia, Thailand, and Vietnam, 2017
  • 21. GDP Composition by Sector, Vietnam, 2017
  • 22. NDT Inspection Services Market: Revenue Forecast, Vietnam, 2014–2022
  • 23. NDT Inspection Services Market: Revenue Forecast by Vertical Market, Vietnam, 2014–2022
  • 24. NDT Inspection Services Market: Top Vertical Markets, Vietnam, 2017–2022
Related Research
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 inspection services.--BEGIN PROMO--

Research Scope

  1. Market size, forecasts and trends for the study period, 2014–2022;
  2. Regional trends: Prominent and developing markets (Indonesia, Thailand, Vietnam);
  3. Key market participant insights (Market share, competitive assessment);
  4. Growth opportunities across the market that influence the adoption of NDT inspection services;
  5. Analysis of end-user applications such as oil and gas (upstream, midstream, downstream), power generation, and others (transportation, automotive, manufacturing, and so on)

The study also discusses key market drivers and restraints and provides prevalent market and technology trends and growth opportunities. It sheds light on some of the key initiatives by competitors: Applus+ RTD, Bureau Veritas, and others.

Key Features

This study aims to analyze and forecast the NDT inspection services market from 2017 to 2022. It discusses various market dynamics, drivers, and restraints impacting the market in Indonesia, Thailand, and Vietnam. The report also provides information on key end users and opportunities in the industry. The study features a comparison between companies based on a few select parameters. Growth opportunities in the NDT inspection services market have also been included in the study.

Key Issues Addressed

  • Which are the emerging growth markets for NDT inspection services in Asia Pacific?
  • What are the drivers and restraints that affect the emerging markets?
  • Which are t
More Information
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Table of Contents | Executive Summary~ || Key Findings~ || Market Engineering Measurements~ || CEO’s Perspective~ | Market Overview~ || Scope of Study~ || Market Overview—Definitions~ || Market Segmentation~ | Drivers and Restraints—Total NDT Inspection Services Market ~ || Market Drivers~ || Market Restraints~ | Forecasts and Trends—Total NDT Inspection Services Market~ || Market Engineering Measurements~ || Revenue Forecast~ || Percent Revenue Forecast by Country~ || Revenue Forecast by Country~ || Energy Landscape in the Emerging Nations~ || Policies and Regulations for Renewable Energy~ || Percent Revenue Forecast by Vertical Market~ || Revenue Forecast by Vertical Market~ || Technology Assessment~ | Market Share and Competitive Analysis—Total NDT Inspection Services Market~ || Market Share~ || Market Share Analysis~ || Competitive Environment~ || Competitive Factors and Assessment~ | Growth Opportunities and Companies to Action~ || Growth Opportunity 1—Data Analytics Service Solutions~ || Growth Opportunity 2—Increasing Investments in Renewables~ || Strategic Imperatives for Success and Growth~ | Indonesia Analysis~ || Indonesia—Key Findings~ || Market Engineering Measurements~ || Revenue Forecast~ || Revenue Forecast by Vertical Market~ || Top Vertical Markets for NDT Inspection Services~ | Thailand Analysis~ || Thailand—Key Findings~ || Market Engineering Measurements~ || Revenue Forecast~ || Revenue Forecast by Vertical Market~ || Top Vertical Markets for NDT Inspection Services~ | Vietnam Analysis~ || Vietnam—Key Findings~ || Market Engineering Measurements~ || Revenue Forecast~ || Revenue Forecast by Vertical Market~ || Top Vertical Markets for NDT Inspection Services~ | The Last Word~ || The Last Word—3 Big Predictions~ || Legal Disclaimer~ | Appendix~ || Market Engineering Methodology~ || List of Companies in “Others”~ || Partial List of Companies Interviewed~ || List of Exhibits~
List of Charts and Figures 1. Total NDT Inspection Services Market: Key Market Drivers, Indonesia, Thailand, and Vietnam, 2018–2022~ 2. Total NDT Inspection Services Market: Key Market Restraints, Indonesia, Thailand, and Vietnam, 2018–2022~ 3. Total NDT Inspection Services Market: Market Engineering Measurements, Indonesia, Thailand, and Vietnam, 2017~ 4. Total NDT Inspection Services Market: Revenue Forecast by Country, Indonesia, Thailand, and Vietnam, 2014–2022~ 5. Total NDT Inspection Services Market: Policies and Regulations for Renewable Energy, Indonesia, Thailand, and Vietnam, 2017~ 6. Total NDT Inspection Services Market: Revenue Forecast by Vertical Market, Indonesia, Thailand, and Vietnam, 2014–2022~ 7. Total NDT Inspection Services Market: Company Market Share Analysis of Top 5 Participants, Indonesia, Thailand, and Vietnam, 2017~ 8. Total NDT Inspection Services Market: Competitive Structure, Indonesia, Thailand, and Vietnam, 2017~ 9. NDT Inspection Services Market: Market Engineering Measurements, Indonesia, 2017~ 10. NDT Inspection Services Market: Market Engineering Measurements, Thailand, 2017~ 11. NDT Inspection Services Market: Market Engineering Measurements, Vietnam, 2017~| 1. Total NDT Inspection Services Market: Market Engineering Measurements, Indonesia, Thailand, and Vietnam, 2017~ 2. Total NDT Inspection Services Market: Percent Revenue Breakdown, Indonesia, Thailand, and Vietnam, 2017~ 3. NDT Inspection Services Market: Brent Crude Oil Spot Price, Global, 2010–2017~ 4. Total NDT Inspection Services Market: Revenue Forecast, Indonesia, Thailand, and Vietnam, 2014–2022~ 5. Total NDT Inspection Services Market: Percent Revenue Forecast by Country, Indonesia, Thailand, and Vietnam, 2014–2022~ 6. Total NDT Inspection Services Market: Percent Revenue Forecast by Vertical Market, Indonesia, Thailand, and Vietnam, 2014–2022~ 7. Total NDT Inspection Services Market: Percent Revenue Split by Technology, Indonesia, Thailand, and Vietnam, 2017~ 8. Total NDT Inspection Services Market: Percent Revenue Breakdown, Indonesia, Thailand, and Vietnam, 2017~ 9. Total NDT Inspection Services Market: Competitive Factors Assessment, Indonesia, Thailand, and Vietnam, 2017~ 10. GDP Composition by Sector, Indonesia, 2017~ 11. Total NDT Inspection Services Market: Percent Revenue Breakdown, Indonesia, Thailand, and Vietnam, 2017~ 12. NDT Inspection Services Market: Revenue Forecast, Indonesia, 2014–2022~ 13. NDT Inspection Services Market: Revenue Forecast by Vertical Market, Indonesia, 2014–2022~ 14. NDT Inspection Services Market: Top Vertical Markets, Indonesia, 2017–2022~ 15. GDP Composition by Sector, Thailand, 2017~ 16. Total NDT Inspection Services Market: Percent Revenue Breakdown, Indonesia, Thailand, and Vietnam, 2017~ 17. NDT Inspection Services Market: Revenue Forecast, Thailand, 2014–2022~ 18. NDT Inspection Services Market: Revenue Forecast by Vertical Market, Thailand, 2014–2022~ 19. NDT Inspection Services Market: Top Vertical Markets, Thailand, 2017–2022~ 20. Total NDT Inspection Services Market: Percent Revenue Breakdown, Indonesia, Thailand, and Vietnam, 2017~ 21. GDP Composition by Sector, Vietnam, 2017~ 22. NDT Inspection Services Market: Revenue Forecast, Vietnam, 2014–2022~ 23. NDT Inspection Services Market: Revenue Forecast by Vertical Market, Vietnam, 2014–2022~ 24. NDT Inspection Services Market: Top Vertical Markets, Vietnam, 2017–2022~
Author Sneha Ayyar
Industries Test and Measurement Instrumentation
WIP Number P9DB-01-00-00-00
Is Prebook No
GPS Codes 9404-A5,9426,9594