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Global Non-Destructive Testing Instruments Market Size, Manufacturers, Opportunities and Forecast to 2030

April 2024 | 100 pages | ID: G4C2C10A0BCEEN
APO Research

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Non-destructive testing instruments are a wide group of equipment used in science and industry to evaluate the properties of a material, component or system without causing damage. Common NDT methods include ultrasonic, magnetic-particle, liquid penetrant, radiographic, remote visual inspection, eddy-current testing, and low coherence interferometry.

According to APO Research, The global Non-Destructive Testing Instruments market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

Global Non-Destructive Testing Instruments key players include General Electric, Olympus Corporation, Fujifilm, Nikon, etc. Global top four manufacturers hold a share about 35%.

North America is the largest market, with a share over 35%, followed by Asia-Pacific and Europe, both have a share about 50 percent.

In terms of product, Ultrasonic Test Equipment is the largest segment, with a share about 33%. And in terms of application, the largest application is Oil & Gas Industry, followed by Aerospace & Defense Industry, Automotive Industry, Infrastructure Industry, Power Generation Industry, etc.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Non-Destructive Testing Instruments, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Non-Destructive Testing Instruments.

The Non-Destructive Testing Instruments market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Non-Destructive Testing Instruments market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, gross margin by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • General Electric
  • Olympus Corporation
  • Mistras
  • Nikon
  • Magnaflux
  • YXLON
  • Fujifilm
  • Sonatest
  • Zetec
  • Bosello High Technology
  • Union
Non-Destructive Testing Instruments segment by Type
  • Ultrasonic Test Equipment
  • Magnetic Particle Test Equipment
  • Visual Inspection Equipment
  • Radiography Test Equipment
  • Penetrant Test Equipment
  • Others
Non-Destructive Testing Instruments segment by Application
  • Aerospace and Defense Industry
  • Automotive Industry
  • Oil and Gas Industry
  • Infrastructure Industry
  • Power Generation Industry
  • Others
Non-Destructive Testing Instruments Segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Non-Destructive Testing Instruments market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Non-Destructive Testing Instruments and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Non-Destructive Testing Instruments.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2019-2024, 2025-2030). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 3: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 5: Detailed analysis of Non-Destructive Testing Instruments companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.

Chapter 12: Concluding Insights of the report

Chapter 12: Concluding Insights of the report
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
1.3 Global Non-Destructive Testing Instruments Market Size Overview by Region 2019 VS 2023 VS 2030
1.4 Global Non-Destructive Testing Instruments Market Size by Region (2019-2030)
  1.4.1 Global Non-Destructive Testing Instruments Market Size by Region (2019-2024)
  1.4.2 Global Non-Destructive Testing Instruments Market Size by Region (2025-2030)
1.5 Key Regions Non-Destructive Testing Instruments Market Size (2019-2030)
  1.5.1 North America Non-Destructive Testing Instruments Market Size Growth Rate (2019-2030)
  1.5.2 Europe Non-Destructive Testing Instruments Market Size Growth Rate (2019-2030)
  1.5.3 Asia-Pacific Non-Destructive Testing Instruments Market Size Growth Rate (2019-2030)
  1.5.4 Latin America Non-Destructive Testing Instruments Market Size Growth Rate (2019-2030)
  1.5.5 Middle East & Africa Non-Destructive Testing Instruments Market Size Growth Rate (2019-2030)

2 NON-DESTRUCTIVE TESTING INSTRUMENTS MARKET BY TYPE

2.1 Type Introduction
  2.1.1 Ultrasonic Test Equipment
  2.1.2 Magnetic Particle Test Equipment
  2.1.3 Visual Inspection Equipment
  2.1.4 Radiography Test Equipment
  2.1.5 Penetrant Test Equipment
  2.1.6 Others
2.2 Global Non-Destructive Testing Instruments Market Size by Type
  2.2.1 Global Non-Destructive Testing Instruments Market Size Overview by Type (2019-2030)
  2.2.2 Global Non-Destructive Testing Instruments Historic Market Size Review by Type (2019-2024)
  2.2.3 Global Non-Destructive Testing Instruments Market Size Forecasted by Type (2025-2030)
2.3 Global Non-Destructive Testing Instruments Market Size by Regions
  2.3.1 North America Non-Destructive Testing Instruments Market Size Breakdown by Type (2019-2024)
  2.3.2 Europe Non-Destructive Testing Instruments Market Size Breakdown by Type (2019-2024)
  2.3.3 Asia-Pacific Non-Destructive Testing Instruments Market Size Breakdown by Type (2019-2024)
  2.3.4 Latin America Non-Destructive Testing Instruments Market Size Breakdown by Type (2019-2024)
  2.3.5 Middle East and Africa Non-Destructive Testing Instruments Market Size Breakdown by Type (2019-2024)

3 NON-DESTRUCTIVE TESTING INSTRUMENTS MARKET BY APPLICATION

3.1 Type Introduction
  3.1.1 Aerospace and Defense Industry
  3.1.2 Automotive Industry
  3.1.3 Oil and Gas Industry
  3.1.4 Infrastructure Industry
  3.1.5 Power Generation Industry
  3.1.6 Others
3.2 Global Non-Destructive Testing Instruments Market Size by Application
  3.2.1 Global Non-Destructive Testing Instruments Market Size Overview by Application (2019-2030)
  3.2.2 Global Non-Destructive Testing Instruments Historic Market Size Review by Application (2019-2024)
  3.2.3 Global Non-Destructive Testing Instruments Market Size Forecasted by Application (2025-2030)
3.3 Global Non-Destructive Testing Instruments Market Size by Regions
  3.3.1 North America Non-Destructive Testing Instruments Market Size Breakdown by Application (2019-2024)
  3.3.2 Europe Non-Destructive Testing Instruments Market Size Breakdown by Application (2019-2024)
  3.3.3 Asia-Pacific Non-Destructive Testing Instruments Market Size Breakdown by Application (2019-2024)
  3.3.4 Latin America Non-Destructive Testing Instruments Market Size Breakdown by Application (2019-2024)
  3.3.5 Middle East and Africa Non-Destructive Testing Instruments Market Size Breakdown by Application (2019-2024)

4 GLOBAL MARKET DYNAMICS

4.1 Non-Destructive Testing Instruments Industry Trends
4.2 Non-Destructive Testing Instruments Industry Drivers
4.3 Non-Destructive Testing Instruments Industry Opportunities and Challenges
4.4 Non-Destructive Testing Instruments Industry Restraints

5 COMPETITIVE INSIGHTS BY COMPANY

5.1 Global Top Players by Non-Destructive Testing Instruments Revenue (2019-2024)
5.2 Global Non-Destructive Testing Instruments Industry Company Ranking, 2022 VS 2023 VS 2024
5.3 Global Non-Destructive Testing Instruments Key Company Headquarters & Area Served
5.4 Global Non-Destructive Testing Instruments Company, Product Type & Application
5.5 Global Non-Destructive Testing Instruments Company Commercialization Time
5.6 Market Competitive Analysis
  5.6.1 Global Non-Destructive Testing Instruments Market CR5 and HHI
  5.6.2 Global Top 5 and 10 Non-Destructive Testing Instruments Players Market Share by Revenue in 2023
  5.6.3 2023 Non-Destructive Testing Instruments Tier 1, Tier 2, and Tier

6 COMPANY PROFILES

6.1 General Electric
  6.1.1 General Electric Comapny Information
  6.1.2 General Electric Business Overview
  6.1.3 General Electric Non-Destructive Testing Instruments Revenue, Global Share and Gross Margin (2019-2024)
  6.1.4 General Electric Non-Destructive Testing Instruments Product Portfolio
  6.1.5 General Electric Recent Developments
6.2 Olympus Corporation
  6.2.1 Olympus Corporation Comapny Information
  6.2.2 Olympus Corporation Business Overview
  6.2.3 Olympus Corporation Non-Destructive Testing Instruments Revenue, Global Share and Gross Margin (2019-2024)
  6.2.4 Olympus Corporation Non-Destructive Testing Instruments Product Portfolio
  6.2.5 Olympus Corporation Recent Developments
6.3 Mistras
  6.3.1 Mistras Comapny Information
  6.3.2 Mistras Business Overview
  6.3.3 Mistras Non-Destructive Testing Instruments Revenue, Global Share and Gross Margin (2019-2024)
  6.3.4 Mistras Non-Destructive Testing Instruments Product Portfolio
  6.3.5 Mistras Recent Developments
6.4 Nikon
  6.4.1 Nikon Comapny Information
  6.4.2 Nikon Business Overview
  6.4.3 Nikon Non-Destructive Testing Instruments Revenue, Global Share and Gross Margin (2019-2024)
  6.4.4 Nikon Non-Destructive Testing Instruments Product Portfolio
  6.4.5 Nikon Recent Developments
6.5 Magnaflux
  6.5.1 Magnaflux Comapny Information
  6.5.2 Magnaflux Business Overview
  6.5.3 Magnaflux Non-Destructive Testing Instruments Revenue, Global Share and Gross Margin (2019-2024)
  6.5.4 Magnaflux Non-Destructive Testing Instruments Product Portfolio
  6.5.5 Magnaflux Recent Developments
6.6 YXLON
  6.6.1 YXLON Comapny Information
  6.6.2 YXLON Business Overview
  6.6.3 YXLON Non-Destructive Testing Instruments Revenue, Global Share and Gross Margin (2019-2024)
  6.6.4 YXLON Non-Destructive Testing Instruments Product Portfolio
  6.6.5 YXLON Recent Developments
6.7 Fujifilm
  6.7.1 Fujifilm Comapny Information
  6.7.2 Fujifilm Business Overview
  6.7.3 Fujifilm Non-Destructive Testing Instruments Revenue, Global Share and Gross Margin (2019-2024)
  6.7.4 Fujifilm Non-Destructive Testing Instruments Product Portfolio
  6.7.5 Fujifilm Recent Developments
6.8 Sonatest
  6.8.1 Sonatest Comapny Information
  6.8.2 Sonatest Business Overview
  6.8.3 Sonatest Non-Destructive Testing Instruments Revenue, Global Share and Gross Margin (2019-2024)
  6.8.4 Sonatest Non-Destructive Testing Instruments Product Portfolio
  6.8.5 Sonatest Recent Developments
6.9 Zetec
  6.9.1 Zetec Comapny Information
  6.9.2 Zetec Business Overview
  6.9.3 Zetec Non-Destructive Testing Instruments Revenue, Global Share and Gross Margin (2019-2024)
  6.9.4 Zetec Non-Destructive Testing Instruments Product Portfolio
  6.9.5 Zetec Recent Developments
6.10 Bosello High Technology
  6.10.1 Bosello High Technology Comapny Information
  6.10.2 Bosello High Technology Business Overview
  6.10.3 Bosello High Technology Non-Destructive Testing Instruments Revenue, Global Share and Gross Margin (2019-2024)
  6.10.4 Bosello High Technology Non-Destructive Testing Instruments Product Portfolio
  6.10.5 Bosello High Technology Recent Developments
6.11 Union
  6.11.1 Union Comapny Information
  6.11.2 Union Business Overview
  6.11.3 Union Non-Destructive Testing Instruments Revenue, Global Share and Gross Margin (2019-2024)
  6.11.4 Union Non-Destructive Testing Instruments Product Portfolio
  6.11.5 Union Recent Developments

7 NORTH AMERICA

7.1 North America Non-Destructive Testing Instruments Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2 North America Non-Destructive Testing Instruments Market Size by Country (2019-2024)
7.3 North America Non-Destructive Testing Instruments Market Size Forecast by Country (2025-2030)

8 EUROPE

8.1 Europe Non-Destructive Testing Instruments Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2 Europe Non-Destructive Testing Instruments Market Size by Country (2019-2024)
8.3 Europe Non-Destructive Testing Instruments Market Size Forecast by Country (2025-2030)

9 ASIA-PACIFIC

9.1 Asia-Pacific Non-Destructive Testing Instruments Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2 Asia-Pacific Non-Destructive Testing Instruments Market Size by Country (2019-2024)
9.3 Asia-Pacific Non-Destructive Testing Instruments Market Size Forecast by Country (2025-2030)

10 LATIN AMERICA

10.1 Latin America Non-Destructive Testing Instruments Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2 Latin America Non-Destructive Testing Instruments Market Size by Country (2019-2024)
10.3 Latin America Non-Destructive Testing Instruments Market Size Forecast by Country (2025-2030)

11 MIDDLE EAST & AFRICA

11.1 Middle East & Africa Non-Destructive Testing Instruments Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2 Middle East & Africa Non-Destructive Testing Instruments Market Size by Country (2019-2024)
11.3 Middle East & Africa Non-Destructive Testing Instruments Market Size Forecast by Country (2025-2030)

12 CONCLUDING INSIGHTS

13 APPENDIX

13.1 Reasons for Doing This Study
13.2 Research Methodology
13.3 Research Process
13.4 Authors List of This Report
13.5 Data Source
  13.5.1 Secondary Sources
  13.5.2 Primary Sources


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