NDT and Inspection Market by Technique (Ultrasonic Testing, Visual, Magnetic Particle, Liquid Penetration, Eddy-Current, Radiographic, Acoustic Emission), Service, Method, Vertical, Application and Region - Global Forecast to 2029
The NDT and inspection market is expected to reach USD 18.4 billion by 2029 from USD 11.6 billion in 2024, at a CAGR of 9.6% during the 2024-2029 period. The adoption of NDT and inspection techniques and services is witnessing widespread acceptance globally, as they prove instrumental in evaluating various components and materials for flaw detection without causing harm. Factors such as the increasing complexity of machinery, a growing need for precise product usage specifications, stringent government regulations to ensure workforce safety, and heightened quality control requirements are pivotal in propelling the NDT and inspection equipment and services market growth. Instances of infrastructure failures, like nuclear refinery leakages and pipeline explosions, have prompted governments worldwide to enforce stringent safety regulations, contributing to the rising demand for NDT and inspection services.
Governments globally endorse using NDT and inspection technologies to manage workforce and manufacturing activities effectively. Notably, regulatory bodies, such as the American Society for Nondestructive Testing (ASNT), the American Society for Testing Material (ASTM) International, the International Organization for Standardization (ISO), and the European Committee for Standardization (CEN), play a significant role in developing and publishing industrial standards. These organizations have introduced various standards, emphasizing the importance of NDT qualification and certification, contributing to the growing prominence of NDT and inspection techniques and services.
In addition, ASTM standards, such as E703-14 for electromagnetic sorting of non-ferrous metals, E213-14e1 for ultrasonic testing of metal pipes and tubing, and E155-15 for reference radiographs for the inspection of aluminum and magnesium castings, guide inspection activities. Regulatory bodies like the Petroleum and Natural Gas Regulatory Board (PNGRB) in India and the Bureau of Ocean Energy Management (BOEM) in the US further oversee and regulate activities related to refining, processing, storage, transportation, and distribution, reinforcing the importance of NDT and inspection in ensuring compliance and safety within these sectors
“Emphasis on sustainability and eco-friendly practices leads to increase in the demand of NDT and Inspection market.”
In an era where environmental consciousness is paramount, clients are actively seeking non-destructive testing (NDT) methods and equipment with minimal ecological impact. Suppliers embracing sustainability not only address client concerns but also tap into a broader clientele base. The forefront of this movement is marked by the development of green NDT practices.
Utilizing environmentally conscious methods and cutting-edge technologies, the NDT industry is working towards a reduction in the ecological footprint of inspections. Green NDT goes beyond specific techniques; it embodies a philosophy ingrained in the entire inspection process.
Practitioners, guided by sustainability principles, make conscientious choices at every stage, from equipment design to waste disposal. This holistic approach ensures a comprehensive reduction in the environmental impact of NDT practices.
Despite the immense promise that green NDT holds, challenges persist. Developing universally accepted standards for eco-friendly techniques, managing the transition from conventional methods to sustainable alternatives, and raising awareness about the importance of such choices are ongoing endeavors.
However, the commitment of the NDT community to sustainable progress serves as a driving force in finding solutions to these challenges. As the industry strives towards greener practices, it not only contributes to environmental conservation but also sets a precedent for responsible and sustainable advancements in Non-Destructive Testing.
“Services of NDT and Inspection market is expected to have the largest market share from 2024-2029.”
NDT inspection and control technology is gaining prominence in various end-user industries due to the rise in NDT service providers and increasing demand for NDT and inspection services, particularly in the manufacturing and power generation sectors. Across industries, the adoption of NDT and inspection technology is crucial during engineering, assembly, and operational phases. The identification of discontinuities, defects, or faults in products, components, or materials is essential to enhance quality and plant reliability.
This chapter encompasses inspection services, equipment rental services, training services, and calibration services. Inspection services include magnetic particle testing, radiographic testing, Eddy-current testing, ultrasonic testing, liquid penetrant testing, and visual testing. These services prove invaluable in rectifying defective components early in the process, preventing the need to address issues at later stages. Conducting defect detection using NDT technology in the initial stages not only saves time and resources but also upholds consistent standards and product quality. Beyond averting potential calamities, it ensures the safety of workers and equipment.
Given the high costs associated with various NDT and inspection tools, purchasing them outright may not be financially viable. Consequently, the market for rental and training services is anticipated to witness significant growth.
“Inspection services of NDT and Inspection market is projected to have the largest market size in the forecast period.”
NDT inspection services leverage advanced NDT equipment to scrutinize new infrastructures and conduct proactive maintenance activities on existing structures. This technique proves invaluable in affirming the robustness of materials, identifying potential instabilities, evaluating performance, and pinpointing defective components. The spectrum of NDT inspection services primarily encompasses ultrasonic inspection, radiographic inspection, visual inspection, surface inspection, advanced Eddy-current inspection, and liquid penetrant testing. Leading the domain of NDT inspection services are prominent entities such as Olympus Corporation (Japan), Sonatest (UK), and MISTRAS Group (US). Additionally, NDT Global (UK) specializes in providing comprehensive inline inspection services (ILI) tailored for onshore and offshore pipelines globally, aligning seamlessly with the diverse requirements of their clients.
“China is expected to have the largest market share in the Asia Pacific region for NDT and Inspection from 2024-2029.”
China is poised to maintain its dominance in the Asia Pacific NDT and inspection market, holding the largest market share in the coming years. Despite having well-established in-house inspection facilities, there is a persistent high demand for NDT and inspection techniques in China, particularly within the manufacturing and oil & gas sectors. The ongoing exploration of shale gas sites in the country is anticipated to further drive the demand for NDT and inspection technology during the forecast period.
China's government approval for the production of commercial aircraft, including large passenger planes, presents a significant opportunity for domestic manufacturing. The country is also actively engaged in designing and constructing jets, offering substantial potential for players in the NDT and inspection market. Various projects, such as the development of aircraft, nuclear power plants, and new airports, generate demand for NDT and inspection techniques, particularly from the defense and power generation industries.
The rapid infrastructural development in China emerges as a notable opportunity for the NDT and inspection market, with the automotive production sector expected to experience substantial growth in the forecast period, further boosting the demand for NDT and inspection equipment and services within the automotive vertical. China's robust economic growth has fueled expansions in energy, infrastructure, manufacturing, construction, and transportation industries. As China solidifies its global standing, the government is adapting its NDT and inspection equipment procurement policy, especially for military and aerospace applications, to align with international standards for quality and safety. Soundwel, a key player in the country, actively contributes to the NDT and inspection market.
In October 2019, Intertek expanded its service offerings for products intended for use in hazardous locations or explosive atmospheres through a collaboration with the National Supervision and Inspection Center for Explosion Protection and Safety of Instrumentation (NEPSI) in China
The break-up of the profile of primary participants in the NDT and Inspection market-
Research Coverage
The report segments the NDT and Inspection market and forecasts its size based and region. The report also provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing market growth. The report also covers qualitative aspects in addition to the quantitative aspects of the market.
Reasons to buy the report:
The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall NDT and Inspection market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
Governments globally endorse using NDT and inspection technologies to manage workforce and manufacturing activities effectively. Notably, regulatory bodies, such as the American Society for Nondestructive Testing (ASNT), the American Society for Testing Material (ASTM) International, the International Organization for Standardization (ISO), and the European Committee for Standardization (CEN), play a significant role in developing and publishing industrial standards. These organizations have introduced various standards, emphasizing the importance of NDT qualification and certification, contributing to the growing prominence of NDT and inspection techniques and services.
In addition, ASTM standards, such as E703-14 for electromagnetic sorting of non-ferrous metals, E213-14e1 for ultrasonic testing of metal pipes and tubing, and E155-15 for reference radiographs for the inspection of aluminum and magnesium castings, guide inspection activities. Regulatory bodies like the Petroleum and Natural Gas Regulatory Board (PNGRB) in India and the Bureau of Ocean Energy Management (BOEM) in the US further oversee and regulate activities related to refining, processing, storage, transportation, and distribution, reinforcing the importance of NDT and inspection in ensuring compliance and safety within these sectors
“Emphasis on sustainability and eco-friendly practices leads to increase in the demand of NDT and Inspection market.”
In an era where environmental consciousness is paramount, clients are actively seeking non-destructive testing (NDT) methods and equipment with minimal ecological impact. Suppliers embracing sustainability not only address client concerns but also tap into a broader clientele base. The forefront of this movement is marked by the development of green NDT practices.
Utilizing environmentally conscious methods and cutting-edge technologies, the NDT industry is working towards a reduction in the ecological footprint of inspections. Green NDT goes beyond specific techniques; it embodies a philosophy ingrained in the entire inspection process.
Practitioners, guided by sustainability principles, make conscientious choices at every stage, from equipment design to waste disposal. This holistic approach ensures a comprehensive reduction in the environmental impact of NDT practices.
Despite the immense promise that green NDT holds, challenges persist. Developing universally accepted standards for eco-friendly techniques, managing the transition from conventional methods to sustainable alternatives, and raising awareness about the importance of such choices are ongoing endeavors.
However, the commitment of the NDT community to sustainable progress serves as a driving force in finding solutions to these challenges. As the industry strives towards greener practices, it not only contributes to environmental conservation but also sets a precedent for responsible and sustainable advancements in Non-Destructive Testing.
“Services of NDT and Inspection market is expected to have the largest market share from 2024-2029.”
NDT inspection and control technology is gaining prominence in various end-user industries due to the rise in NDT service providers and increasing demand for NDT and inspection services, particularly in the manufacturing and power generation sectors. Across industries, the adoption of NDT and inspection technology is crucial during engineering, assembly, and operational phases. The identification of discontinuities, defects, or faults in products, components, or materials is essential to enhance quality and plant reliability.
This chapter encompasses inspection services, equipment rental services, training services, and calibration services. Inspection services include magnetic particle testing, radiographic testing, Eddy-current testing, ultrasonic testing, liquid penetrant testing, and visual testing. These services prove invaluable in rectifying defective components early in the process, preventing the need to address issues at later stages. Conducting defect detection using NDT technology in the initial stages not only saves time and resources but also upholds consistent standards and product quality. Beyond averting potential calamities, it ensures the safety of workers and equipment.
Given the high costs associated with various NDT and inspection tools, purchasing them outright may not be financially viable. Consequently, the market for rental and training services is anticipated to witness significant growth.
“Inspection services of NDT and Inspection market is projected to have the largest market size in the forecast period.”
NDT inspection services leverage advanced NDT equipment to scrutinize new infrastructures and conduct proactive maintenance activities on existing structures. This technique proves invaluable in affirming the robustness of materials, identifying potential instabilities, evaluating performance, and pinpointing defective components. The spectrum of NDT inspection services primarily encompasses ultrasonic inspection, radiographic inspection, visual inspection, surface inspection, advanced Eddy-current inspection, and liquid penetrant testing. Leading the domain of NDT inspection services are prominent entities such as Olympus Corporation (Japan), Sonatest (UK), and MISTRAS Group (US). Additionally, NDT Global (UK) specializes in providing comprehensive inline inspection services (ILI) tailored for onshore and offshore pipelines globally, aligning seamlessly with the diverse requirements of their clients.
“China is expected to have the largest market share in the Asia Pacific region for NDT and Inspection from 2024-2029.”
China is poised to maintain its dominance in the Asia Pacific NDT and inspection market, holding the largest market share in the coming years. Despite having well-established in-house inspection facilities, there is a persistent high demand for NDT and inspection techniques in China, particularly within the manufacturing and oil & gas sectors. The ongoing exploration of shale gas sites in the country is anticipated to further drive the demand for NDT and inspection technology during the forecast period.
China's government approval for the production of commercial aircraft, including large passenger planes, presents a significant opportunity for domestic manufacturing. The country is also actively engaged in designing and constructing jets, offering substantial potential for players in the NDT and inspection market. Various projects, such as the development of aircraft, nuclear power plants, and new airports, generate demand for NDT and inspection techniques, particularly from the defense and power generation industries.
The rapid infrastructural development in China emerges as a notable opportunity for the NDT and inspection market, with the automotive production sector expected to experience substantial growth in the forecast period, further boosting the demand for NDT and inspection equipment and services within the automotive vertical. China's robust economic growth has fueled expansions in energy, infrastructure, manufacturing, construction, and transportation industries. As China solidifies its global standing, the government is adapting its NDT and inspection equipment procurement policy, especially for military and aerospace applications, to align with international standards for quality and safety. Soundwel, a key player in the country, actively contributes to the NDT and inspection market.
In October 2019, Intertek expanded its service offerings for products intended for use in hazardous locations or explosive atmospheres through a collaboration with the National Supervision and Inspection Center for Explosion Protection and Safety of Instrumentation (NEPSI) in China
The break-up of the profile of primary participants in the NDT and Inspection market-
- By Company Type: Tier 1 – 26%, Tier 2 – 32%, Tier 3 – 42%
- By Designation Type: C Level – 52%, Director Level – 23%, Others – 25%
- By Region Type: North America – 44%, Europe –29 %, Asia Pacific – 23%, RoW – 4%,
Research Coverage
The report segments the NDT and Inspection market and forecasts its size based and region. The report also provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing market growth. The report also covers qualitative aspects in addition to the quantitative aspects of the market.
Reasons to buy the report:
The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall NDT and Inspection market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
- Analysis of key drivers (Surge in demand for structural health monitoring of infrastructure and maintenance needs), restraints (Lack of proficient and qualified personnel for conducting NDT and inspection services), opportunities (Extensive infrastructure advancements in Asia Pacific, Europe, and South America), and challenges (Growing complexity of industrial structure and machines)
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the NDT and Inspection market
- Market Development: Comprehensive information about lucrative markets – the report analyses the NDT and Inspection market across varied regions.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the NDT and Inspection market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like SGS Sociйtй Gйnйrale De Surveillance SA (Switzerland), Intertek Group plc (UK), General Electric (US), Applus+ (Spain), and Olympus Corporation (Japan).
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 NDT AND INSPECTION MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.3.4 CURRENCY CONSIDERED
1.4 LIMITATIONS
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
1.7 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 NDT AND INSPECTION MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.1.2 Key secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key supply-side participants for primary interviews
2.1.2.3 Breakdown of primary interviews
2.1.2.4 Key industry insights
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.2 MARKET SIZE ESTIMATION
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): REVENUE GENERATED BY KEY PLAYERS FROM NDT AND INSPECTION MARKET
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE): ILLUSTRATION OF REVENUE ESTIMATION OF KEY PLAYERS IN NDT AND INSPECTION MARKET
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 (DEMAND SIDE) —BOTTOM-UP ESTIMATION OF NDT AND INSPECTION MARKET BASED ON REGION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to derive market size using bottom-up analysis
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to derive market size using top-down analysis
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 MARKET SHARE ESTIMATION
2.4 DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.5 RISK ASSESSMENT
TABLE 1 RISK ASSESSMENT
2.6 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON NDT AND INSPECTION MARKET
2.7 RESEARCH ASSUMPTIONS
2.8 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
3.1 IMPACT OF RECESSION
FIGURE 9 NDT AND INSPECTION MARKET: IMPACT OF RECESSION
FIGURE 10 SERVICE SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029
FIGURE 11 ULTRASONIC TESTING (UT) SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024
FIGURE 12 POWER SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029
FIGURE 13 ASIA PACIFIC NDT AND INSPECTION MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN NDT AND INSPECTION MARKET
FIGURE 14 INCREASED DEMAND FOR STRUCTURAL HEALTH MONITORING AND MAINTENANCE OF INFRASTRUCTURE TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS
4.2 NDT AND INSPECTION MARKET, BY SERVICE
FIGURE 15 INSPECTION SERVICES SEGMENT TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET IN 2024
4.3 NDT AND INSPECTION MARKET, BY METHOD
FIGURE 16 VOLUMETRIC INSPECTION SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4.4 NDT AND INSPECTION MARKET, BY REGION
FIGURE 17 INDIAN NDT AND INSPECTION MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 18 NDT AND INSPECTION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Implementation of stringent safety regulations to ensure public safety and product quality
5.2.1.2 Increased adoption in electronics, automation, and robotics industries to extend equipment lifespan, enhance production efficiency, and improve product quality
5.2.1.3 Growing use of AI and IoT technologies in NDT and inspection
5.2.1.4 Increased demand for structural health monitoring and maintenance of infrastructure
5.2.1.5 Adoption of flexible pricing models by testing solution providers
FIGURE 19 NDT AND INSPECTION MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.2 RESTRAINTS
5.2.2.1 Lack of skilled technicians for conducting NDT and inspection
5.2.2.2 High cost of NDT equipment and related technologies
FIGURE 20 NDT AND INSPECTION MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.3 OPPORTUNITIES
5.2.3.1 Extensive infrastructure development in Asia Pacific, Europe, and South America
5.2.3.2 Growing demand for NDT and inspection services in power industry
5.2.3.3 Advancements in NDT and inspection techniques and emergence of new technologies
5.2.3.4 Growing demand for miniaturized and portable NDT devices
5.2.3.5 Growing emphasis on sustainability and eco-friendly practices
FIGURE 21 NDT AND INSPECTION MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
5.2.4 CHALLENGES
5.2.4.1 Growing complexity of industrial structures and machines
5.2.4.2 High replacement costs associated with automated NDT and inspection equipment
FIGURE 22 NDT AND INSPECTION MARKET: IMPACT ANALYSIS OF CHALLENGES
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 23 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.4 PRICING ANALYSIS
5.4.1 AVERAGE SELLING PRICE (ASP) OF ULTRASONIC TESTING TECHNIQUES OFFERED BY KEY PLAYER
FIGURE 24 AVERAGE SELLING PRICE (ASP) OF ULTRASONIC TESTING TECHNIQUES OFFERED BY KEY PLAYER, 2023 (USD)
TABLE 2 AVERAGE SELLING PRICE (ASP) OF ULTRASONIC TESTING TECHNIQUES OFFERED BY KEY PLAYER, 2023 (USD)
5.4.2 INDICATIVE PRICING OF PORTABLE FLOW DETECTORS USED IN ULTRASONIC TESTING, BY REGION
TABLE 3 INDICATIVE PRICING OF PORTABLE FLOW DETECTORS USED IN ULTRASONIC TESTING, BY REGION, 2023 (USD)
5.5 SUPPLY CHAIN ANALYSIS
FIGURE 25 NDT AND INSPECTION MARKET: SUPPLY CHAIN ANALYSIS
5.5.1 RAW MATERIAL PROVIDERS
5.5.2 COMPONENT SUPPLIERS
5.5.3 EQUIPMENT DESIGNERS AND MANUFACTURERS
5.5.4 SALES EXECUTIVES AND DISTRIBUTORS, SERVICE PROVIDERS, AND VERTICALS
5.6 ECOSYSTEM MAPPING
TABLE 4 COMPANIES AND THEIR ROLES IN NDT AND INSPECTION ECOSYSTEM
FIGURE 26 NDT AND INSPECTION MARKET: ECOSYSTEM MAPPING
5.7 TECHNOLOGY ANALYSIS
5.7.1 TRENDS AND TECHNOLOGIES SHAPING NDT AND INSPECTION MARKET
5.7.1.1 Green NDT
5.7.1.2 Drone inspection
5.7.1.3 Real-time NDT for predictive maintenance with IoT integration
5.7.1.4 Use of Artificial Intelligence (AI) for defect detection
5.8 PATENT ANALYSIS
5.8.1 DOCUMENT TYPE
TABLE 5 PATENTS FILED AND GRANTED
FIGURE 27 PATENTS APPLIED AND GRANTED, 2014–2023
5.8.2 PUBLICATION TREND
FIGURE 28 NUMBER OF PATENTS PUBLISHED PER YEAR, 2014–2023
5.8.3 JURISDICTION ANALYSIS
FIGURE 29 JURISDICTION ANALYSIS, 2013–2022
5.8.4 TOP PATENT OWNERS
FIGURE 30 TOP 10 PATENT OWNERS, 2014–2023
TABLE 6 TOP 20 PUBLISHED PATENT OWNERS IN LAST 10 YEARS
TABLE 7 NDT AND INSPECTION MARKET: LIST OF MAJOR PATENTS, 2022–2023
5.9 TRADE DATA ANALYSIS
FIGURE 31 COUNTRY-WISE EXPORT DATA FOR HS CODE 9013-COMPLIANT PRODUCTS, 2018–2022 (%)
TABLE 8 EXPORT DATA FOR HS CODE 9013-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD THOUSAND)
FIGURE 32 COUNTRY-WISE IMPORT DATA FOR HS CODE 9013-COMPLIANT PRODUCTS, 2018–2022 (%)
TABLE 9 IMPORT SCENARIO FOR HS CODE 9013-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD THOUSAND)
5.10 KEY CONFERENCES AND EVENTS, 2023–2024
TABLE 10 NDT AND INSPECTION MARKET: KEY CONFERENCES AND EVENTS, 2023–2024
5.11 CASE STUDY ANALYSIS
5.11.1 PIPELINE OPERATOR ENHANCED PIPELINE INTEGRITY BY DEPLOYING ADVANCED INSPECTION TECHNOLOGIES BY NDT GLOBAL
5.11.2 INSPECTION INNERSPEC TECHNOLOGIES INC. INTRODUCED INNOVATIVE NDT TECHNOLOGIES FOR INSPECTION AND MONITORING OF BOLT LOAD IN SERVICE
5.11.3 NDT GLOBAL REVOLUTIONIZED NGL PIPELINE INSPECTION WITH ADVANCED ULTRASONIC CRACK DETECTION TECHNOLOGY
5.12 TARIFF AND REGULATORY LANDSCAPE
TABLE 11 MFN TARIFF LEVIED ON HS CODE 903190-COMPLIANT PRODUCTS EXPORTED BY GERMANY, 2023
5.12.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13 PORTER’S FIVE FORCES ANALYSIS
FIGURE 33 NDT AND INSPECTION MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 16 NDT AND INSPECTION MARKET: PORTER’S FIVE FORCES ANALYSIS
5.13.1 INTENSITY OF COMPETITIVE RIVALRY
5.13.2 THREAT OF NEW ENTRANTS
5.13.3 THREAT OF SUBSTITUTES
5.13.4 BARGAINING POWER OF BUYERS
5.13.5 BARGAINING POWER OF SUPPLIERS
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 34 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY VERTICAL
TABLE 17 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY VERTICAL (%)
5.14.2 BUYING CRITERIA
FIGURE 35 KEY BUYING CRITERIA, BY VERTICAL
TABLE 18 KEY BUYING CRITERIA, BY VERTICAL
6 NDT AND INSPECTION MARKET, BY TECHNIQUE
6.1 INTRODUCTION
FIGURE 36 ULTRASONIC TESTING (UT) SEGMENT TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET IN 2029
TABLE 19 NDT AND INSPECTION MARKET, BY TECHNIQUE, 2020–2023 (USD MILLION)
TABLE 20 NDT AND INSPECTION MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION)
TABLE 21 TECHNIQUE: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 22 TECHNIQUE: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 23 TECHNIQUE: NDT AND INSPECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 24 TECHNIQUE: NDT AND INSPECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 25 MANUFACTURING: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2020–2023 (USD MILLION)
TABLE 26 MANUFACTURING: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2024–2029 (USD MILLION)
TABLE 27 OIL & GAS: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2020–2023 (USD MILLION)
TABLE 28 OIL & GAS: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2024–2029 (USD MILLION)
TABLE 29 AEROSPACE: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2020–2023 (USD MILLION)
TABLE 30 AEROSPACE: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2024–2029 (USD MILLION)
TABLE 31 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2020–2023 (USD MILLION)
TABLE 32 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2024–2029 (USD MILLION)
TABLE 33 AUTOMOTIVE: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2020–2023 (USD MILLION)
TABLE 34 AUTOMOTIVE: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2024–2029 (USD MILLION)
TABLE 35 POWER: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2020–2023 (USD MILLION)
TABLE 36 POWER: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2024–2029 (USD MILLION)
TABLE 37 OTHER VERTICALS: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2020–2023 (USD MILLION)
TABLE 38 OTHER VERTICALS: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2024–2029 (USD MILLION)
6.2 ULTRASONIC TESTING (UT)
6.2.1 RISING USE IN VARIOUS INDUSTRIES TO HARNESS HIGH-FREQUENCY SOUND WAVES FOR MATERIAL INSPECTION AND THICKNESS MEASUREMENT TO DRIVE MARKET
6.2.2 STRAIGHT BEAM TESTING
6.2.3 ANGLE BEAM TESTING
6.2.4 IMMERSION TESTING
6.2.5 PHASED ARRAY TESTING
6.2.6 TIME-OF-FLIGHT DIFFRACTION (TOFD)
6.2.7 GUIDED WAVE TESTING
TABLE 39 ULTRASONIC TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 40 ULTRASONIC TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
6.3 VISUAL TESTING (VT)
6.3.1 GROWING ADOPTION FOR SURFACE EVALUATION AND ANALYSIS OF COMPONENTS, MATERIALS, AND STRUCTURES TO DRIVE MARKET
6.3.2 GENERAL VISUAL INSPECTION
6.3.3 AIDED VISUAL INSPECTION
6.3.4 BORESCOPES
6.3.5 ENDOSCOPES
6.3.6 VIDEOSCOPES
TABLE 41 VISUAL TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 42 VISUAL TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
6.4 MAGNETIC PARTICLE TESTING (MPT)
6.4.1 INCREASING DEMAND IN UNDERWATER INSPECTIONS TO DRIVE MARKET
TABLE 43 MAGNETIC PARTICLE TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 44 MAGNETIC PARTICLE TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
6.5 LIQUID PENETRANT TESTING (LPT)
6.5.1 GROWING NEED FOR LIQUID PENETRANT TESTING OF DIVERSE MATERIALS TO DRIVE MARKET
TABLE 45 LIQUID PENETRANT TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 46 LIQUID PENETRANT TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
6.6 EDDY-CURRENT TESTING (ECT)
6.6.1 HIGH USE FOR MATERIAL ANALYSIS IN AEROSPACE AND MANUFACTURING VERTICALS TO FUEL MARKET GROWTH
6.6.2 ALTERNATING CURRENT FIELD MEASUREMENT (ACFM)
6.6.3 REMOTE FIELD TESTING (RFT)
6.6.4 EDDY-CURRENT ARRAY (ECA)
TABLE 47 EDDY-CURRENT ARRAY: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 48 EDDY-CURRENT ARRAY: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
6.7 RADIOGRAPHIC TESTING (RT)
6.7.1 INCREASING USE TO IDENTIFY SURFACE AND INTERNAL IRREGULARITIES TO DRIVE MARKET
6.7.2 X-RAY TESTING
6.7.3 GAMMA RAY TESTING
6.7.4 COMPUTED RADIOGRAPHY
6.7.5 FILM RADIOGRAPHY
6.7.6 DIRECT RADIOGRAPHY (REAL TIME)
TABLE 49 RADIOGRAPHIC TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 50 RADIOGRAPHIC TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
6.8 ACOUSTIC EMISSION TESTING (AET)
6.8.1 GROWING DEMAND IN METALS INDUSTRY TO FUEL MARKET GROWTH
TABLE 51 ACOUSTIC EMISSION TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 52 ACOUSTIC EMISSION TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
6.9 OTHER TECHNIQUES
6.9.1 TERAHERTZ IMAGING
TABLE 53 APPLICATIONS OF TERAHERTZ IMAGING, BY INDUSTRY
6.9.2 NEAR-INFRARED SPECTROSCOPY
TABLE 54 APPLICATIONS OF NEAR-INFRARED SPECTROSCOPY, BY INDUSTRY
TABLE 55 OTHER TECHNIQUES: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 56 OTHER TECHNIQUES: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
7 NDT AND INSPECTION MARKET, BY SERVICE
7.1 INTRODUCTION
FIGURE 37 INSPECTION SERVICES SEGMENT TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET IN 2029
TABLE 57 NDT AND INSPECTION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
TABLE 58 NDT AND INSPECTION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 59 SERVICE: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 60 SERVICE: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 61 SERVICE: NDT AND INSPECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 62 SERVICE: NDT AND INSPECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 63 MANUFACTURING: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2020–2023 (USD MILLION)
TABLE 64 MANUFACTURING: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2024–2029 (USD MILLION)
TABLE 65 OIL & GAS: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2020–2023 (USD MILLION)
TABLE 66 OIL & GAS: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2024–2029 (USD MILLION)
TABLE 67 AEROSPACE: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2020–2023 (USD MILLION)
TABLE 68 AEROSPACE: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2024–2029 (USD MILLION)
TABLE 69 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2020–2023 (USD MILLION)
TABLE 70 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2024–2029 (USD MILLION)
TABLE 71 AUTOMOTIVE: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2020–2023 (USD MILLION)
TABLE 72 AUTOMOTIVE: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2024–2029 (USD MILLION)
TABLE 73 POWER: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2020–2023 (USD MILLION)
TABLE 74 POWER: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2024–2029 (USD MILLION)
TABLE 75 OTHER VERTICALS: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2020–2023 (USD MILLION)
TABLE 76 OTHER VERTICALS: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2024–2029 (USD MILLION)
7.2 INSPECTION SERVICES
7.2.1 GROWING NEED TO ENHANCE INFRASTRUCTURE INTEGRITY THROUGH ADVANCED NDT INSPECTION SERVICES TO DRIVE MARKET
7.2.2 ULTRASONIC INSPECTION
7.2.3 RADIOGRAPHIC INSPECTION
7.2.4 VISUAL INSPECTION
7.2.5 MAGNETIC PARTICLE INSPECTION
7.2.6 ADVANCED EDDY-CURRENT INSPECTION
7.2.7 LIQUID PENETRANT INSPECTION
TABLE 77 INSPECTION SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 78 INSPECTION SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
7.3 EQUIPMENT RENTAL SERVICES
7.3.1 FINANCIAL, TECHNICAL, AND OPERATIONAL ADVANTAGES ASSOCIATED WITH EQUIPMENT RENTAL SERVICES TO DRIVE DEMAND
TABLE 79 EQUIPMENT RENTAL SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 80 EQUIPMENT RENTAL SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
7.4 CALIBRATION SERVICES
7.4.1 INCREASING DEMAND FOR PRECISE TESTING EQUIPMENT TO FUEL MARKET GROWTH
TABLE 81 CALIBRATION SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 82 CALIBRATION SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
7.5 TRAINING SERVICES
7.5.1 INCREASED NEED FOR HIGHLY SKILLED TECHNICAL PROFESSIONALS TO DRIVE DEMAND
TABLE 83 TRAINING SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 84 TRAINING SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
8 NDT AND INSPECTION MARKET, BY METHOD
8.1 INTRODUCTION
FIGURE 38 VOLUMETRIC INSPECTION SEGMENT TO LEAD NDT AND INSPECTION MARKET FROM 2024 TO 2029
TABLE 85 NDT AND INSPECTION MARKET, BY METHOD, 2020–2023 (USD MILLION)
TABLE 86 NDT AND INSPECTION MARKET, BY METHOD, 2024–2029 (USD MILLION)
8.2 VISUAL INSPECTION
8.2.1 RISE IN USE OF VISUAL INSPECTION AS ECONOMICAL SURFACE INSPECTION METHOD TO DRIVE MARKET
8.3 SURFACE INSPECTION
8.3.1 IMPLEMENTATION OF SURFACE INSPECTION TECHNIQUE TO IDENTIFY CRACKS AND DISCONTINUITIES ON COMPONENT SURFACES TO FUEL MARKET GROWTH
8.4 VOLUMETRIC INSPECTION
8.4.1 NEED TO ASSESS STRUCTURAL INTEGRITY OF COMPONENTS TO DRIVE DEMAND
8.5 OTHER METHODS
9 NDT AND INSPECTION MARKET, BY VERTICAL
9.1 INTRODUCTION
TABLE 87 NDT AND INSPECTION REQUIREMENTS OF DIFFERENT VERTICALS
FIGURE 39 POWER SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024
TABLE 88 NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 89 NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
9.2 MANUFACTURING
9.2.1 INCREASED DEMAND FOR NDT AND INSPECTION TECHNIQUES TO ENSURE CONTINUOUS AND SECURE OPERATION OF VARIOUS EQUIPMENT TO DRIVE MARKET
9.2.2 ADVANCED NDT AND INSPECTION TECHNIQUES USED IN MANUFACTURING VERTICAL
9.2.2.1 Electromagnetic acoustic transducer (EMAT) technique
TABLE 90 MANUFACTURING: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2020–2023 (USD MILLION)
TABLE 91 MANUFACTURING: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2024–2029 (USD MILLION)
TABLE 92 MANUFACTURING: NDT AND INSPECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 93 MANUFACTURING: NDT AND INSPECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.3 OIL & GAS
9.3.1 INCREASING DEMAND FOR NDT AND INSPECTION SERVICES TO MONITOR PIPELINES, STORAGE TANKS, AND REFINING EQUIPMENT TO BOOST MARKET GROWTH
9.3.2 REFINERIES
9.3.3 TRANSMISSION PIPELINES
9.3.4 SUBSEA PIPELINES
9.3.5 STORAGE TANKS
9.3.6 ADVANCED NDT TECHNIQUES USED IN OIL & GAS VERTICAL
9.3.6.1 Long-range ultrasonic technique (LRUT)
9.3.6.2 Positive metal identification technique
TABLE 94 OIL & GAS: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2020–2023 (USD MILLION)
TABLE 95 OIL & GAS: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2024–2029 (USD MILLION)
TABLE 96 OIL & GAS: NDT AND INSPECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 97 OIL & GAS: NDT AND INSPECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.4 AEROSPACE
9.4.1 GROWING USE OF NDT AND INSPECTION TO DETECT AND PREVENT FLAWS IN AIRCRAFT COMPONENTS TO DRIVE MARKET
TABLE 98 APPLICATIONS OF NDT AND INSPECTION TECHNIQUES IN AEROSPACE VERTICAL
TABLE 99 NDT AND INSPECTION METHODS USED IN AEROSPACE VERTICAL
9.4.2 AIRCRAFT ENGINE PART PRODUCTION
9.4.3 COMPOSITE AIRFRAME MANUFACTURING
9.4.4 AIRCRAFT MAINTENANCE
TABLE 100 ESSENTIAL NDT AND INSPECTION TECHNIQUES FOR AIRCRAFT MAINTENANCE
9.4.5 MATERIAL ANALYSIS
9.4.6 ADVANCED NDT AND INSPECTION TECHNIQUES USED IN AEROSPACE VERTICAL
9.4.6.1 Dynamic thermography
9.4.6.2 Air-coupled ultrasound
9.4.6.3 Dynamic interferometry
TABLE 101 AEROSPACE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2020–2023 (USD MILLION)
TABLE 102 AEROSPACE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2024–2029 (USD MILLION)
TABLE 103 AEROSPACE: NDT AND INSPECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 104 AEROSPACE: NDT AND INSPECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.5 PUBLIC INFRASTRUCTURE
9.5.1 GROWING USE OF NDT AND INSPECTION TECHNIQUES TO ENSURE INFRASTRUCTURE SAFETY TO DRIVE MARKET
9.5.2 MILITARY & DEFENSE
9.5.3 AIRPORT SECURITY
9.5.4 RAILWAYS
9.5.5 BRIDGES AND TUNNELS
9.5.6 BORDER CROSSING
9.5.7 NUCLEAR WASTE STORAGE AND DECOMMISSIONING
9.5.8 ADVANCED NDT AND INSPECTION TECHNIQUES USED IN PUBLIC INFRASTRUCTURE VERTICAL
9.5.8.1 Impact echo
9.5.8.2 Ground penetrating radars (GPRs)
TABLE 105 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2020–2023 (USD MILLION)
TABLE 106 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2024–2029 (USD MILLION)
TABLE 107 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 108 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.6 AUTOMOTIVE
9.6.1 ADOPTION OF NDT AND INSPECTION TECHNIQUES TO ENSURE SAFETY AND QUALITY OF AUTOMOBILE COMPONENTS DURING MANUFACTURING PROCESS TO FUEL MARKET GROWTH
TABLE 109 ADVANTAGES OF USING DIFFERENT NDT AND INSPECTION TECHNOLOGIES IN AUTOMOTIVE VERTICAL
9.6.2 ADVANCED NDT AND INSPECTION TECHNIQUES USED IN AUTOMOTIVE VERTICAL
9.6.2.1 High-energy digital radiography
TABLE 110 AUTOMOTIVE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2020–2023 (USD MILLION)
TABLE 111 AUTOMOTIVE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2024–2029 (USD MILLION)
TABLE 112 AUTOMOTIVE: NDT AND INSPECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 113 AUTOMOTIVE: NDT AND INSPECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.7 POWER
9.7.1 USE OF NDT TO IDENTIFY STRUCTURAL DEFECTS AND ENSURE OPERATIONAL RELIABILITY TO BOOST MARKET GROWTH
9.7.2 NUCLEAR POWER PLANTS
TABLE 114 APPLICATIONS OF NDT AND INSPECTION TECHNIQUES IN NUCLEAR POWER PLANTS
9.7.3 WIND TURBINES
9.7.4 SOLAR POWER
9.7.5 FOSSIL FUEL ENERGY PLANTS
9.7.6 ADVANCED NDT AND INSPECTION TECHNIQUES USED IN POWER VERTICAL
9.7.6.1 Galvano static pulse measurement
9.7.6.2 Ultrasonic pulse echo testing
TABLE 115 POWER: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2020–2023 (USD MILLION)
TABLE 116 POWER: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2024–2029 (USD MILLION)
TABLE 117 POWER: NDT AND INSPECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 118 POWER: NDT AND INSPECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.8 OTHER VERTICALS
9.8.1 MARINE
9.8.2 MEDICAL & HEALTHCARE
9.8.3 PLASTICS & POLYMERS
TABLE 119 OTHER VERTICALS: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2020–2023 (USD MILLION)
TABLE 120 OTHER VERTICALS: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2024–2029 (USD MILLION)
TABLE 121 OTHER VERTICALS: NDT AND INSPECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 122 OTHER VERTICALS: NDT AND INSPECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
10 NDT AND INSPECTION MARKET, BY APPLICATION
10.1 INTRODUCTION
FIGURE 40 KEY APPLICATIONS OF NDT AND INSPECTION TECHNIQUES
10.2 FLAW DETECTION
10.2.1 INCREASING SIGNIFICANCE OF FLAW DETECTION FOR QUALITY CONTROL IN INDUSTRIAL INSPECTIONS TO DRIVE DEMAND
TABLE 123 DIFFERENT TYPES OF ULTRASONIC TRANSDUCERS USED IN FLAW DETECTION
10.3 STRESS AND STRUCTURE ANALYSIS
10.3.1 RISING IMPORTANCE OF STRESS AND STRUCTURAL ANALYSIS TO IDENTIFY DEFECTS WITHIN STRUCTURE OF TEST OBJECTS TO DRIVE MARKET
TABLE 124 NDT TECHNIQUES TO DETECT STRUCTURAL DAMAGES
10.4 LEAK DETECTION
10.4.1 ENHANCEMENT OF PIPELINE RELIABILITY USING ADVANCED LEAK DETECTION SYSTEMS TO DRIVE MARKET
TABLE 125 LEAK TESTING TECHNIQUES
10.5 DIMENSIONAL MEASUREMENT
10.5.1 USE OF DIMENSIONAL MEASUREMENT FOR OBJECT ASSESSMENT AND INSPECTION TO DRIVE MARKET
TABLE 126 DIMENSIONAL MEASUREMENT TECHNIQUES
TABLE 127 OBJECTIVES OF DIMENSIONAL MEASUREMENTS
10.6 PHYSICAL PROPERTIES ESTIMATION
10.6.1 ADOPTION OF NDT AND INSPECTION TO ASSESS PHYSICAL PROPERTIES OF TESTED OBJECTS TO DRIVE MARKET
10.7 WELD VERIFICATION
10.7.1 NEED TO ENSURE QUALITY OF WELD IN SEVERE LOADING CONDITIONS TO DRIVE DEMAND
10.8 CHEMICAL COMPOSITION DETERMINATION
10.8.1 USE OF CHEMICAL COMPOSITION EXAMINATION IN MANUFACTURING PROCESSES FOR QUALITY ASSURANCE TO DRIVE MARKET
10.8.1.1 Plasma emission spectrograph
10.8.1.2 Corrosion resistance testing
10.9 OTHER APPLICATIONS
TABLE 128 OTHER APPLICATIONS OF NDT AND INSPECTION
11 NDT AND INSPECTION MARKET, BY REGION
11.1 INTRODUCTION
FIGURE 41 NDT AND INSPECTION MARKET, BY REGION
FIGURE 42 NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET IN 2029
TABLE 129 NDT AND INSPECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 130 NDT AND INSPECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
11.2 NORTH AMERICA
FIGURE 43 NORTH AMERICA: NDT AND INSPECTION MARKET SNAPSHOT
TABLE 131 NORTH AMERICA: NDT AND INSPECTION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 132 NORTH AMERICA: NDT AND INSPECTION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 133 NORTH AMERICA: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 134 NORTH AMERICA: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
11.2.1 NORTH AMERICAN NDT AND INSPECTION MARKET: RECESSION IMPACT
11.2.2 US
11.2.2.1 Rising defense expenditures and aircraft production to fuel market growth
11.2.3 CANADA
11.2.3.1 Increasing demand for advanced material testing to drive market
11.2.4 MEXICO
11.2.4.1 High emphasis on urban mobility and expansion of natural gas pipeline network to fuel market growth
11.3 EUROPE
FIGURE 44 EUROPE: NDT AND INSPECTION MARKET SNAPSHOT
TABLE 135 EUROPE: NDT AND INSPECTION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 136 EUROPE: NDT AND INSPECTION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 137 EUROPE: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 138 EUROPE: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
11.3.1 EUROPEAN NDT AND INSPECTION MARKET: RECESSION IMPACT
11.3.2 UK
11.3.2.1 Growth in aircraft export to drive demand
11.3.3 GERMANY
11.3.3.1 Growing demand for NDT and inspection services and equipment in automotive vertical to drive market
11.3.4 FRANCE
11.3.4.1 Increased use of NDT and inspection services and equipment in aerospace vertical to fuel market growth
11.3.5 ITALY
11.3.5.1 Expansion of oil refining capacity and shale gas development to drive market
11.3.6 REST OF EUROPE
11.4 ASIA PACIFIC
FIGURE 45 ASIA PACIFIC: NDT AND INSPECTION MARKET SNAPSHOT
TABLE 139 ASIA PACIFIC: NDT AND INSPECTION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 140 ASIA PACIFIC: NDT AND INSPECTION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 141 ASIA PACIFIC: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 142 ASIA PACIFIC: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
11.4.1 ASIA PACIFIC NDT AND INSPECTION MARKET: RECESSION IMPACT
11.4.2 CHINA
11.4.2.1 Rapid infrastructure development and expanding automotive vertical to drive demand
11.4.3 JAPAN
11.4.3.1 Expanding nuclear power generation sector to propel market
11.4.4 INDIA
11.4.4.1 Increased demand for NDT equipment and inspection techniques in manufacturing sector to drive market
11.4.5 REST OF ASIA PACIFIC
11.5 ROW
FIGURE 46 MIDDLE EAST TO ACCOUNT FOR LARGEST SHARE OF ROW NDT AND INSPECTION MARKET IN 2029
TABLE 143 ROW: NDT AND INSPECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 144 ROW: NDT AND INSPECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
FIGURE 47 OIL & GAS SEGMENT TO ACCOUNT FOR LARGEST SHARE OF ROW NDT AND INSPECTION MARKET IN 2029
TABLE 145 ROW: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 146 ROW: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
11.5.1 ROW NDT AND INSPECTION MARKET: IMPACT OF RECESSION
11.5.2 MIDDLE EAST
11.5.2.1 High investment in infrastructure development to drive market
TABLE 147 MIDDLE EAST: NDT AND INSPECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 148 MIDDLE EAST: NDT AND INSPECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
11.5.2.2 GCC Countries
11.5.2.2.1 Increasing infrastructure development attributed to economic diversification efforts to drive market
11.5.2.3 Rest of Middle East
11.5.3 AFRICA
11.5.3.1 Booming power vertical to fuel demand
11.5.4 SOUTH AMERICA
11.5.4.1 Rising demand for NDT equipment and inspection techniques in oil & gas and power verticals to drive market
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 KEY STRATEGIES ADOPTED BY MAJOR PLAYERS
FIGURE 48 NDT AND INSPECTION MARKET: OVERVIEW OF KEY STRATEGIES ADOPTED BY LEADING PLAYERS, 2021–2023
12.3 MARKET SHARE ANALYSIS, 2023
TABLE 149 NDT AND INSPECTION MARKET: DEGREE OF COMPETITION
FIGURE 49 NDT AND INSPECTION MARKET SHARE ANALYSIS, 2023
12.4 REVENUE ANALYSIS, 2019–2023
FIGURE 50 NDT AND INSPECTION MARKET: REVENUE ANALYSIS OF FIVE KEY COMPANIES, 2019–2023
12.5 COMPANY EVALUATION MATRIX, 2023
FIGURE 51 NDT AND INSPECTION MARKET: COMPANY EVALUATION MATRIX, 2023
12.5.1 STARS
12.5.2 PERVASIVE PLAYERS
12.5.3 EMERGING LEADERS
12.5.4 PARTICIPANTS
12.5.5 COMPANY FOOTPRINT
12.5.5.1 Overall footprint
TABLE 150 OVERALL COMPANY FOOTPRINT
TABLE 151 COMPANY SERVICE FOOTPRINT
12.5.5.2 Vertical footprint
TABLE 152 COMPANY VERTICAL FOOTPRINT
12.5.5.3 Regional footprint
TABLE 153 COMPANY REGION FOOTPRINT
12.6 STARTUP/SMALL AND MEDIUM-SIZED ENTERPRISE (SME) EVALUATION MATRIX, 2023
FIGURE 52 NDT AND INSPECTION MARKET: STARTUP/SME EVALUATION MATRIX, 2023
12.6.1 PROGRESSIVE COMPANIES
12.6.2 RESPONSIVE COMPANIES
12.6.3 DYNAMIC COMPANIES
12.6.4 STARTING BLOCKS
12.6.5 COMPETITIVE BENCHMARKING
12.6.5.1 List of key startups/SMEs
TABLE 154 NDT AND INSPECTION MARKET: DETAILED LIST OF KEY STARTUPS/SMES
12.6.5.2 Competitive benchmarking of key startups/SMEs
TABLE 155 NDT AND INSPECTION MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
12.7 COMPANY VALUATION, 2022
FIGURE 53 NDT AND INSPECTION MARKET: COMPANY VALUATION, 2022
12.8 FINANCIAL METRICS, 2022
FIGURE 54 NDT AND INSPECTION MARKET: FINANCIAL METRICS, 2022
12.9 COMPETITIVE SCENARIOS AND TRENDS
12.9.1 PRODUCT LAUNCHES
TABLE 156 NDT AND INSPECTION MARKET: PRODUCT LAUNCHES, APRIL 2022–NOVEMBER 2023
12.9.2 DEALS
TABLE 157 NDT AND INSPECTION MARKET: DEALS, JANUARY 2022–NOVEMBER 2023
13 COMPANY PROFILES
13.1 INTRODUCTION
13.2 KEY PLAYERS
13.2.1 GENERAL ELECTRIC
13.2.1.1 Business overview
TABLE 158 GENERAL ELECTRIC: COMPANY OVERVIEW
FIGURE 55 GENERAL ELECTRIC: COMPANY SNAPSHOT
13.2.1.2 Products/Solutions/Services offered
TABLE 159 GENERAL ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
13.2.1.3 Recent developments
13.2.1.3.1 Product launches
TABLE 160 GENERAL ELECTRIC: PRODUCT LAUNCHES
13.2.1.3.2 Deals
TABLE 161 GENERAL ELECTRIC: DEALS
13.2.1.4 MnM view
13.2.1.4.1 Key strengths/Right to win
13.2.1.4.2 Strategic choices
13.2.1.4.3 Weaknesses/Competitive threats
13.2.2 MISTRAS GROUP
13.2.2.1 Business overview
TABLE 162 MISTRAS GROUP: COMPANY OVERVIEW
FIGURE 56 MISTRAS GROUP: COMPANY SNAPSHOT
13.2.2.2 Products/Solutions/Services offered
TABLE 163 MISTRAS GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
13.2.2.3 Recent developments
13.2.2.3.1 Deals
TABLE 164 MISTRAS GROUP: DEALS
13.2.2.4 MnM view
13.2.2.4.1 Key strengths/Right to win
13.2.2.4.2 Strategic choices
13.2.2.4.3 Weaknesses/Competitive threats
13.2.3 OLYMPUS CORPORATION
13.2.3.1 Business overview
TABLE 165 OLYMPUS CORPORATION: COMPANY OVERVIEW
FIGURE 57 OLYMPUS CORPORATION: COMPANY SNAPSHOT
13.2.3.2 Products/Solutions/Services offered
TABLE 166 OLYMPUS CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
13.2.3.3 Recent developments
13.2.3.3.1 Product launches
TABLE 167 OLYMPUS CORPORATION: PRODUCT LAUNCHES
13.2.3.3.2 Deals
TABLE 168 OLYMPUS CORPORATION: DEALS
13.2.3.4 MnM view
13.2.3.4.1 Key strengths/Right to win
13.2.3.4.2 Strategic choices
13.2.3.4.3 Weaknesses/Competitive threats
13.2.4 ASHTEAD TECHNOLOGY
13.2.4.1 Business overview
TABLE 169 ASHTEAD TECHNOLOGY: COMPANY OVERVIEW
FIGURE 58 ASHTEAD TECHNOLOGY: COMPANY SNAPSHOT
13.2.4.2 Products/Solutions/Services offered
TABLE 170 ASHTEAD TECHNOLOGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
13.2.4.3 Recent developments
13.2.4.3.1 Product launches
TABLE 171 ASHTEAD TECHNOLOGY: PRODUCT LAUNCHES
13.2.4.3.2 Deals
TABLE 172 ASHTEAD TECHNOLOGY: DEALS
13.2.4.4 MnM view
13.2.4.4.1 Key strengths/Right to win
13.2.4.4.2 Strategic choices
13.2.4.4.3 Weaknesses/Competitive threats
13.2.5 NIKON METROLOGY NV
TABLE 173 NIKON METROLOGY NV: COMPANY OVERVIEW
13.2.5.1 Products/Solutions/Services offered
TABLE 174 NIKON METROLOGY NV: PRODUCTS/SOLUTIONS/SERVICES OFFERED
13.2.5.2 Recent developments
13.2.5.2.1 Product launches
TABLE 175 NIKON METROLOGY NV: PRODUCT LAUNCHES
13.2.5.2.2 Deals
TABLE 176 NIKON METROLOGY NV: DEALS
13.2.5.3 MnM view
13.2.5.3.1 Key strengths/Right to win
13.2.5.3.2 Strategic choices
13.2.5.3.3 Weaknesses/Competitive threats
13.2.6 SGS SOCIЙTЙ GЙNЙRALE DE SURVEILLANCE SA.
13.2.6.1 Business overview
TABLE 177 SGS SOCIЙTЙ GЙNЙRALE DE SURVEILLANCE SA.: COMPANY OVERVIEW
FIGURE 59 SGS SOCIЙTЙ GЙNЙRALE DE SURVEILLANCE SA.: COMPANY SNAPSHOT
13.2.6.2 Products/Solutions/Services offered
TABLE 178 SGS SOCIЙTЙ GЙNЙRALE DE SURVEILLANCE SA.: PRODUCTS/SOLUTIONS/ SERVICES OFFERED
13.2.6.3 Recent developments
13.2.6.3.1 Deals
TABLE 179 SGS SOCIЙTЙ GЙNЙRALE DE SURVEILLANCE SA.: DEALS
13.2.7 MAGNAFLUX
13.2.7.1 Business overview
TABLE 180 MAGNAFLUX: COMPANY OVERVIEW
13.2.7.2 Products/Solutions/Services offered
TABLE 181 MAGNAFLUX: PRODUCTS/SOLUTIONS/SERVICES OFFERED
13.2.7.3 Recent developments
13.2.7.3.1 Product launches
TABLE 182 MAGNAFLUX: PRODUCT LAUNCHES
13.2.8 EDDYFI TECHNOLOGIES
13.2.8.1 Business overview
TABLE 183 EDDYFI TECHNOLOGIES: COMPANY OVERVIEW
13.2.8.2 Products/Solutions/Services offered
TABLE 184 EDDYFI TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
13.2.8.3 Recent developments
13.2.8.3.1 Product launches
TABLE 185 EDDYFI TECHNOLOGIES: PRODUCT LAUNCHES
13.2.8.3.2 Deals
TABLE 186 EDDYFI TECHNOLOGIES: DEALS
13.2.9 SONATEST
13.2.9.1 Business overview
TABLE 187 SONATEST: COMPANY OVERVIEW
13.2.9.2 Products/Solutions/Services offered
TABLE 188 SONATEST: PRODUCTS/SOLUTIONS/SERVICES OFFERED
13.2.9.3 Recent developments
13.2.9.3.1 Product launches
TABLE 189 SONATEST: PRODUCT LAUNCHES
13.2.9.3.2 Deals
TABLE 190 SONATEST: DEALS
13.2.10 INTERTEK GROUP PLC
13.2.10.1 Business overview
TABLE 191 INTERTEK GROUP PLC: COMPANY OVERVIEW
FIGURE 60 INTERTEK GROUP PLC: COMPANY SNAPSHOT
13.2.10.2 Products/Solutions/Services offered
TABLE 192 INTERTEK GROUP PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
13.2.10.3 Recent developments
13.2.10.3.1 Product launches
TABLE 193 INTERTEK GROUP PLC: PRODUCT LAUNCHES
13.2.10.3.2 Deals
TABLE 194 INTERTEK GROUP PLC: DEALS
13.2.10.3.3 Others
TABLE 195 INTERTEK GROUP PLC: OTHERS
13.3 OTHER PLAYERS
13.3.1 APPLUS+
13.3.2 BUREAU VERITAS
13.3.3 COMET GROUP
13.3.4 TUV RHEINLAND
13.3.5 FISCHER TECHNOLOGY INC.
13.3.6 ACUREN
13.3.7 CREAFORM
13.3.8 VIDISCO LTD.
13.3.9 DEKRA
13.3.10 TEAM, INC.
13.3.11 LABQUIP NDT
13.3.12 CYGNUS INSTRUMENTS LTD.
13.3.13 FPRIMEC SOLUTIONS INC.
13.3.14 CARESTREAM HEALTH
13.3.15 ELEMENT MATERIALS TECHNOLOGY
14 APPENDIX
14.1 INSIGHTS FROM INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 CUSTOMIZATION OPTIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 NDT AND INSPECTION MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.3.4 CURRENCY CONSIDERED
1.4 LIMITATIONS
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
1.7 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 NDT AND INSPECTION MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.1.2 Key secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key supply-side participants for primary interviews
2.1.2.3 Breakdown of primary interviews
2.1.2.4 Key industry insights
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.2 MARKET SIZE ESTIMATION
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): REVENUE GENERATED BY KEY PLAYERS FROM NDT AND INSPECTION MARKET
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE): ILLUSTRATION OF REVENUE ESTIMATION OF KEY PLAYERS IN NDT AND INSPECTION MARKET
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 (DEMAND SIDE) —BOTTOM-UP ESTIMATION OF NDT AND INSPECTION MARKET BASED ON REGION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to derive market size using bottom-up analysis
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to derive market size using top-down analysis
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 MARKET SHARE ESTIMATION
2.4 DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.5 RISK ASSESSMENT
TABLE 1 RISK ASSESSMENT
2.6 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON NDT AND INSPECTION MARKET
2.7 RESEARCH ASSUMPTIONS
2.8 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
3.1 IMPACT OF RECESSION
FIGURE 9 NDT AND INSPECTION MARKET: IMPACT OF RECESSION
FIGURE 10 SERVICE SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029
FIGURE 11 ULTRASONIC TESTING (UT) SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024
FIGURE 12 POWER SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029
FIGURE 13 ASIA PACIFIC NDT AND INSPECTION MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN NDT AND INSPECTION MARKET
FIGURE 14 INCREASED DEMAND FOR STRUCTURAL HEALTH MONITORING AND MAINTENANCE OF INFRASTRUCTURE TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS
4.2 NDT AND INSPECTION MARKET, BY SERVICE
FIGURE 15 INSPECTION SERVICES SEGMENT TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET IN 2024
4.3 NDT AND INSPECTION MARKET, BY METHOD
FIGURE 16 VOLUMETRIC INSPECTION SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4.4 NDT AND INSPECTION MARKET, BY REGION
FIGURE 17 INDIAN NDT AND INSPECTION MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 18 NDT AND INSPECTION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Implementation of stringent safety regulations to ensure public safety and product quality
5.2.1.2 Increased adoption in electronics, automation, and robotics industries to extend equipment lifespan, enhance production efficiency, and improve product quality
5.2.1.3 Growing use of AI and IoT technologies in NDT and inspection
5.2.1.4 Increased demand for structural health monitoring and maintenance of infrastructure
5.2.1.5 Adoption of flexible pricing models by testing solution providers
FIGURE 19 NDT AND INSPECTION MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.2 RESTRAINTS
5.2.2.1 Lack of skilled technicians for conducting NDT and inspection
5.2.2.2 High cost of NDT equipment and related technologies
FIGURE 20 NDT AND INSPECTION MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.3 OPPORTUNITIES
5.2.3.1 Extensive infrastructure development in Asia Pacific, Europe, and South America
5.2.3.2 Growing demand for NDT and inspection services in power industry
5.2.3.3 Advancements in NDT and inspection techniques and emergence of new technologies
5.2.3.4 Growing demand for miniaturized and portable NDT devices
5.2.3.5 Growing emphasis on sustainability and eco-friendly practices
FIGURE 21 NDT AND INSPECTION MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
5.2.4 CHALLENGES
5.2.4.1 Growing complexity of industrial structures and machines
5.2.4.2 High replacement costs associated with automated NDT and inspection equipment
FIGURE 22 NDT AND INSPECTION MARKET: IMPACT ANALYSIS OF CHALLENGES
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 23 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.4 PRICING ANALYSIS
5.4.1 AVERAGE SELLING PRICE (ASP) OF ULTRASONIC TESTING TECHNIQUES OFFERED BY KEY PLAYER
FIGURE 24 AVERAGE SELLING PRICE (ASP) OF ULTRASONIC TESTING TECHNIQUES OFFERED BY KEY PLAYER, 2023 (USD)
TABLE 2 AVERAGE SELLING PRICE (ASP) OF ULTRASONIC TESTING TECHNIQUES OFFERED BY KEY PLAYER, 2023 (USD)
5.4.2 INDICATIVE PRICING OF PORTABLE FLOW DETECTORS USED IN ULTRASONIC TESTING, BY REGION
TABLE 3 INDICATIVE PRICING OF PORTABLE FLOW DETECTORS USED IN ULTRASONIC TESTING, BY REGION, 2023 (USD)
5.5 SUPPLY CHAIN ANALYSIS
FIGURE 25 NDT AND INSPECTION MARKET: SUPPLY CHAIN ANALYSIS
5.5.1 RAW MATERIAL PROVIDERS
5.5.2 COMPONENT SUPPLIERS
5.5.3 EQUIPMENT DESIGNERS AND MANUFACTURERS
5.5.4 SALES EXECUTIVES AND DISTRIBUTORS, SERVICE PROVIDERS, AND VERTICALS
5.6 ECOSYSTEM MAPPING
TABLE 4 COMPANIES AND THEIR ROLES IN NDT AND INSPECTION ECOSYSTEM
FIGURE 26 NDT AND INSPECTION MARKET: ECOSYSTEM MAPPING
5.7 TECHNOLOGY ANALYSIS
5.7.1 TRENDS AND TECHNOLOGIES SHAPING NDT AND INSPECTION MARKET
5.7.1.1 Green NDT
5.7.1.2 Drone inspection
5.7.1.3 Real-time NDT for predictive maintenance with IoT integration
5.7.1.4 Use of Artificial Intelligence (AI) for defect detection
5.8 PATENT ANALYSIS
5.8.1 DOCUMENT TYPE
TABLE 5 PATENTS FILED AND GRANTED
FIGURE 27 PATENTS APPLIED AND GRANTED, 2014–2023
5.8.2 PUBLICATION TREND
FIGURE 28 NUMBER OF PATENTS PUBLISHED PER YEAR, 2014–2023
5.8.3 JURISDICTION ANALYSIS
FIGURE 29 JURISDICTION ANALYSIS, 2013–2022
5.8.4 TOP PATENT OWNERS
FIGURE 30 TOP 10 PATENT OWNERS, 2014–2023
TABLE 6 TOP 20 PUBLISHED PATENT OWNERS IN LAST 10 YEARS
TABLE 7 NDT AND INSPECTION MARKET: LIST OF MAJOR PATENTS, 2022–2023
5.9 TRADE DATA ANALYSIS
FIGURE 31 COUNTRY-WISE EXPORT DATA FOR HS CODE 9013-COMPLIANT PRODUCTS, 2018–2022 (%)
TABLE 8 EXPORT DATA FOR HS CODE 9013-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD THOUSAND)
FIGURE 32 COUNTRY-WISE IMPORT DATA FOR HS CODE 9013-COMPLIANT PRODUCTS, 2018–2022 (%)
TABLE 9 IMPORT SCENARIO FOR HS CODE 9013-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD THOUSAND)
5.10 KEY CONFERENCES AND EVENTS, 2023–2024
TABLE 10 NDT AND INSPECTION MARKET: KEY CONFERENCES AND EVENTS, 2023–2024
5.11 CASE STUDY ANALYSIS
5.11.1 PIPELINE OPERATOR ENHANCED PIPELINE INTEGRITY BY DEPLOYING ADVANCED INSPECTION TECHNOLOGIES BY NDT GLOBAL
5.11.2 INSPECTION INNERSPEC TECHNOLOGIES INC. INTRODUCED INNOVATIVE NDT TECHNOLOGIES FOR INSPECTION AND MONITORING OF BOLT LOAD IN SERVICE
5.11.3 NDT GLOBAL REVOLUTIONIZED NGL PIPELINE INSPECTION WITH ADVANCED ULTRASONIC CRACK DETECTION TECHNOLOGY
5.12 TARIFF AND REGULATORY LANDSCAPE
TABLE 11 MFN TARIFF LEVIED ON HS CODE 903190-COMPLIANT PRODUCTS EXPORTED BY GERMANY, 2023
5.12.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13 PORTER’S FIVE FORCES ANALYSIS
FIGURE 33 NDT AND INSPECTION MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 16 NDT AND INSPECTION MARKET: PORTER’S FIVE FORCES ANALYSIS
5.13.1 INTENSITY OF COMPETITIVE RIVALRY
5.13.2 THREAT OF NEW ENTRANTS
5.13.3 THREAT OF SUBSTITUTES
5.13.4 BARGAINING POWER OF BUYERS
5.13.5 BARGAINING POWER OF SUPPLIERS
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 34 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY VERTICAL
TABLE 17 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY VERTICAL (%)
5.14.2 BUYING CRITERIA
FIGURE 35 KEY BUYING CRITERIA, BY VERTICAL
TABLE 18 KEY BUYING CRITERIA, BY VERTICAL
6 NDT AND INSPECTION MARKET, BY TECHNIQUE
6.1 INTRODUCTION
FIGURE 36 ULTRASONIC TESTING (UT) SEGMENT TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET IN 2029
TABLE 19 NDT AND INSPECTION MARKET, BY TECHNIQUE, 2020–2023 (USD MILLION)
TABLE 20 NDT AND INSPECTION MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION)
TABLE 21 TECHNIQUE: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 22 TECHNIQUE: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 23 TECHNIQUE: NDT AND INSPECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 24 TECHNIQUE: NDT AND INSPECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 25 MANUFACTURING: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2020–2023 (USD MILLION)
TABLE 26 MANUFACTURING: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2024–2029 (USD MILLION)
TABLE 27 OIL & GAS: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2020–2023 (USD MILLION)
TABLE 28 OIL & GAS: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2024–2029 (USD MILLION)
TABLE 29 AEROSPACE: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2020–2023 (USD MILLION)
TABLE 30 AEROSPACE: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2024–2029 (USD MILLION)
TABLE 31 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2020–2023 (USD MILLION)
TABLE 32 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2024–2029 (USD MILLION)
TABLE 33 AUTOMOTIVE: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2020–2023 (USD MILLION)
TABLE 34 AUTOMOTIVE: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2024–2029 (USD MILLION)
TABLE 35 POWER: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2020–2023 (USD MILLION)
TABLE 36 POWER: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2024–2029 (USD MILLION)
TABLE 37 OTHER VERTICALS: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2020–2023 (USD MILLION)
TABLE 38 OTHER VERTICALS: NDT AND INSPECTION MARKET FOR TECHNIQUE, BY REGION, 2024–2029 (USD MILLION)
6.2 ULTRASONIC TESTING (UT)
6.2.1 RISING USE IN VARIOUS INDUSTRIES TO HARNESS HIGH-FREQUENCY SOUND WAVES FOR MATERIAL INSPECTION AND THICKNESS MEASUREMENT TO DRIVE MARKET
6.2.2 STRAIGHT BEAM TESTING
6.2.3 ANGLE BEAM TESTING
6.2.4 IMMERSION TESTING
6.2.5 PHASED ARRAY TESTING
6.2.6 TIME-OF-FLIGHT DIFFRACTION (TOFD)
6.2.7 GUIDED WAVE TESTING
TABLE 39 ULTRASONIC TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 40 ULTRASONIC TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
6.3 VISUAL TESTING (VT)
6.3.1 GROWING ADOPTION FOR SURFACE EVALUATION AND ANALYSIS OF COMPONENTS, MATERIALS, AND STRUCTURES TO DRIVE MARKET
6.3.2 GENERAL VISUAL INSPECTION
6.3.3 AIDED VISUAL INSPECTION
6.3.4 BORESCOPES
6.3.5 ENDOSCOPES
6.3.6 VIDEOSCOPES
TABLE 41 VISUAL TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 42 VISUAL TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
6.4 MAGNETIC PARTICLE TESTING (MPT)
6.4.1 INCREASING DEMAND IN UNDERWATER INSPECTIONS TO DRIVE MARKET
TABLE 43 MAGNETIC PARTICLE TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 44 MAGNETIC PARTICLE TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
6.5 LIQUID PENETRANT TESTING (LPT)
6.5.1 GROWING NEED FOR LIQUID PENETRANT TESTING OF DIVERSE MATERIALS TO DRIVE MARKET
TABLE 45 LIQUID PENETRANT TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 46 LIQUID PENETRANT TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
6.6 EDDY-CURRENT TESTING (ECT)
6.6.1 HIGH USE FOR MATERIAL ANALYSIS IN AEROSPACE AND MANUFACTURING VERTICALS TO FUEL MARKET GROWTH
6.6.2 ALTERNATING CURRENT FIELD MEASUREMENT (ACFM)
6.6.3 REMOTE FIELD TESTING (RFT)
6.6.4 EDDY-CURRENT ARRAY (ECA)
TABLE 47 EDDY-CURRENT ARRAY: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 48 EDDY-CURRENT ARRAY: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
6.7 RADIOGRAPHIC TESTING (RT)
6.7.1 INCREASING USE TO IDENTIFY SURFACE AND INTERNAL IRREGULARITIES TO DRIVE MARKET
6.7.2 X-RAY TESTING
6.7.3 GAMMA RAY TESTING
6.7.4 COMPUTED RADIOGRAPHY
6.7.5 FILM RADIOGRAPHY
6.7.6 DIRECT RADIOGRAPHY (REAL TIME)
TABLE 49 RADIOGRAPHIC TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 50 RADIOGRAPHIC TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
6.8 ACOUSTIC EMISSION TESTING (AET)
6.8.1 GROWING DEMAND IN METALS INDUSTRY TO FUEL MARKET GROWTH
TABLE 51 ACOUSTIC EMISSION TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 52 ACOUSTIC EMISSION TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
6.9 OTHER TECHNIQUES
6.9.1 TERAHERTZ IMAGING
TABLE 53 APPLICATIONS OF TERAHERTZ IMAGING, BY INDUSTRY
6.9.2 NEAR-INFRARED SPECTROSCOPY
TABLE 54 APPLICATIONS OF NEAR-INFRARED SPECTROSCOPY, BY INDUSTRY
TABLE 55 OTHER TECHNIQUES: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 56 OTHER TECHNIQUES: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
7 NDT AND INSPECTION MARKET, BY SERVICE
7.1 INTRODUCTION
FIGURE 37 INSPECTION SERVICES SEGMENT TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET IN 2029
TABLE 57 NDT AND INSPECTION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
TABLE 58 NDT AND INSPECTION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 59 SERVICE: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 60 SERVICE: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 61 SERVICE: NDT AND INSPECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 62 SERVICE: NDT AND INSPECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 63 MANUFACTURING: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2020–2023 (USD MILLION)
TABLE 64 MANUFACTURING: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2024–2029 (USD MILLION)
TABLE 65 OIL & GAS: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2020–2023 (USD MILLION)
TABLE 66 OIL & GAS: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2024–2029 (USD MILLION)
TABLE 67 AEROSPACE: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2020–2023 (USD MILLION)
TABLE 68 AEROSPACE: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2024–2029 (USD MILLION)
TABLE 69 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2020–2023 (USD MILLION)
TABLE 70 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2024–2029 (USD MILLION)
TABLE 71 AUTOMOTIVE: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2020–2023 (USD MILLION)
TABLE 72 AUTOMOTIVE: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2024–2029 (USD MILLION)
TABLE 73 POWER: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2020–2023 (USD MILLION)
TABLE 74 POWER: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2024–2029 (USD MILLION)
TABLE 75 OTHER VERTICALS: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2020–2023 (USD MILLION)
TABLE 76 OTHER VERTICALS: NDT AND INSPECTION MARKET FOR SERVICE, BY REGION, 2024–2029 (USD MILLION)
7.2 INSPECTION SERVICES
7.2.1 GROWING NEED TO ENHANCE INFRASTRUCTURE INTEGRITY THROUGH ADVANCED NDT INSPECTION SERVICES TO DRIVE MARKET
7.2.2 ULTRASONIC INSPECTION
7.2.3 RADIOGRAPHIC INSPECTION
7.2.4 VISUAL INSPECTION
7.2.5 MAGNETIC PARTICLE INSPECTION
7.2.6 ADVANCED EDDY-CURRENT INSPECTION
7.2.7 LIQUID PENETRANT INSPECTION
TABLE 77 INSPECTION SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 78 INSPECTION SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
7.3 EQUIPMENT RENTAL SERVICES
7.3.1 FINANCIAL, TECHNICAL, AND OPERATIONAL ADVANTAGES ASSOCIATED WITH EQUIPMENT RENTAL SERVICES TO DRIVE DEMAND
TABLE 79 EQUIPMENT RENTAL SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 80 EQUIPMENT RENTAL SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
7.4 CALIBRATION SERVICES
7.4.1 INCREASING DEMAND FOR PRECISE TESTING EQUIPMENT TO FUEL MARKET GROWTH
TABLE 81 CALIBRATION SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 82 CALIBRATION SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
7.5 TRAINING SERVICES
7.5.1 INCREASED NEED FOR HIGHLY SKILLED TECHNICAL PROFESSIONALS TO DRIVE DEMAND
TABLE 83 TRAINING SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 84 TRAINING SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
8 NDT AND INSPECTION MARKET, BY METHOD
8.1 INTRODUCTION
FIGURE 38 VOLUMETRIC INSPECTION SEGMENT TO LEAD NDT AND INSPECTION MARKET FROM 2024 TO 2029
TABLE 85 NDT AND INSPECTION MARKET, BY METHOD, 2020–2023 (USD MILLION)
TABLE 86 NDT AND INSPECTION MARKET, BY METHOD, 2024–2029 (USD MILLION)
8.2 VISUAL INSPECTION
8.2.1 RISE IN USE OF VISUAL INSPECTION AS ECONOMICAL SURFACE INSPECTION METHOD TO DRIVE MARKET
8.3 SURFACE INSPECTION
8.3.1 IMPLEMENTATION OF SURFACE INSPECTION TECHNIQUE TO IDENTIFY CRACKS AND DISCONTINUITIES ON COMPONENT SURFACES TO FUEL MARKET GROWTH
8.4 VOLUMETRIC INSPECTION
8.4.1 NEED TO ASSESS STRUCTURAL INTEGRITY OF COMPONENTS TO DRIVE DEMAND
8.5 OTHER METHODS
9 NDT AND INSPECTION MARKET, BY VERTICAL
9.1 INTRODUCTION
TABLE 87 NDT AND INSPECTION REQUIREMENTS OF DIFFERENT VERTICALS
FIGURE 39 POWER SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024
TABLE 88 NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 89 NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
9.2 MANUFACTURING
9.2.1 INCREASED DEMAND FOR NDT AND INSPECTION TECHNIQUES TO ENSURE CONTINUOUS AND SECURE OPERATION OF VARIOUS EQUIPMENT TO DRIVE MARKET
9.2.2 ADVANCED NDT AND INSPECTION TECHNIQUES USED IN MANUFACTURING VERTICAL
9.2.2.1 Electromagnetic acoustic transducer (EMAT) technique
TABLE 90 MANUFACTURING: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2020–2023 (USD MILLION)
TABLE 91 MANUFACTURING: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2024–2029 (USD MILLION)
TABLE 92 MANUFACTURING: NDT AND INSPECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 93 MANUFACTURING: NDT AND INSPECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.3 OIL & GAS
9.3.1 INCREASING DEMAND FOR NDT AND INSPECTION SERVICES TO MONITOR PIPELINES, STORAGE TANKS, AND REFINING EQUIPMENT TO BOOST MARKET GROWTH
9.3.2 REFINERIES
9.3.3 TRANSMISSION PIPELINES
9.3.4 SUBSEA PIPELINES
9.3.5 STORAGE TANKS
9.3.6 ADVANCED NDT TECHNIQUES USED IN OIL & GAS VERTICAL
9.3.6.1 Long-range ultrasonic technique (LRUT)
9.3.6.2 Positive metal identification technique
TABLE 94 OIL & GAS: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2020–2023 (USD MILLION)
TABLE 95 OIL & GAS: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2024–2029 (USD MILLION)
TABLE 96 OIL & GAS: NDT AND INSPECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 97 OIL & GAS: NDT AND INSPECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.4 AEROSPACE
9.4.1 GROWING USE OF NDT AND INSPECTION TO DETECT AND PREVENT FLAWS IN AIRCRAFT COMPONENTS TO DRIVE MARKET
TABLE 98 APPLICATIONS OF NDT AND INSPECTION TECHNIQUES IN AEROSPACE VERTICAL
TABLE 99 NDT AND INSPECTION METHODS USED IN AEROSPACE VERTICAL
9.4.2 AIRCRAFT ENGINE PART PRODUCTION
9.4.3 COMPOSITE AIRFRAME MANUFACTURING
9.4.4 AIRCRAFT MAINTENANCE
TABLE 100 ESSENTIAL NDT AND INSPECTION TECHNIQUES FOR AIRCRAFT MAINTENANCE
9.4.5 MATERIAL ANALYSIS
9.4.6 ADVANCED NDT AND INSPECTION TECHNIQUES USED IN AEROSPACE VERTICAL
9.4.6.1 Dynamic thermography
9.4.6.2 Air-coupled ultrasound
9.4.6.3 Dynamic interferometry
TABLE 101 AEROSPACE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2020–2023 (USD MILLION)
TABLE 102 AEROSPACE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2024–2029 (USD MILLION)
TABLE 103 AEROSPACE: NDT AND INSPECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 104 AEROSPACE: NDT AND INSPECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.5 PUBLIC INFRASTRUCTURE
9.5.1 GROWING USE OF NDT AND INSPECTION TECHNIQUES TO ENSURE INFRASTRUCTURE SAFETY TO DRIVE MARKET
9.5.2 MILITARY & DEFENSE
9.5.3 AIRPORT SECURITY
9.5.4 RAILWAYS
9.5.5 BRIDGES AND TUNNELS
9.5.6 BORDER CROSSING
9.5.7 NUCLEAR WASTE STORAGE AND DECOMMISSIONING
9.5.8 ADVANCED NDT AND INSPECTION TECHNIQUES USED IN PUBLIC INFRASTRUCTURE VERTICAL
9.5.8.1 Impact echo
9.5.8.2 Ground penetrating radars (GPRs)
TABLE 105 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2020–2023 (USD MILLION)
TABLE 106 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2024–2029 (USD MILLION)
TABLE 107 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 108 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.6 AUTOMOTIVE
9.6.1 ADOPTION OF NDT AND INSPECTION TECHNIQUES TO ENSURE SAFETY AND QUALITY OF AUTOMOBILE COMPONENTS DURING MANUFACTURING PROCESS TO FUEL MARKET GROWTH
TABLE 109 ADVANTAGES OF USING DIFFERENT NDT AND INSPECTION TECHNOLOGIES IN AUTOMOTIVE VERTICAL
9.6.2 ADVANCED NDT AND INSPECTION TECHNIQUES USED IN AUTOMOTIVE VERTICAL
9.6.2.1 High-energy digital radiography
TABLE 110 AUTOMOTIVE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2020–2023 (USD MILLION)
TABLE 111 AUTOMOTIVE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2024–2029 (USD MILLION)
TABLE 112 AUTOMOTIVE: NDT AND INSPECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 113 AUTOMOTIVE: NDT AND INSPECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.7 POWER
9.7.1 USE OF NDT TO IDENTIFY STRUCTURAL DEFECTS AND ENSURE OPERATIONAL RELIABILITY TO BOOST MARKET GROWTH
9.7.2 NUCLEAR POWER PLANTS
TABLE 114 APPLICATIONS OF NDT AND INSPECTION TECHNIQUES IN NUCLEAR POWER PLANTS
9.7.3 WIND TURBINES
9.7.4 SOLAR POWER
9.7.5 FOSSIL FUEL ENERGY PLANTS
9.7.6 ADVANCED NDT AND INSPECTION TECHNIQUES USED IN POWER VERTICAL
9.7.6.1 Galvano static pulse measurement
9.7.6.2 Ultrasonic pulse echo testing
TABLE 115 POWER: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2020–2023 (USD MILLION)
TABLE 116 POWER: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2024–2029 (USD MILLION)
TABLE 117 POWER: NDT AND INSPECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 118 POWER: NDT AND INSPECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.8 OTHER VERTICALS
9.8.1 MARINE
9.8.2 MEDICAL & HEALTHCARE
9.8.3 PLASTICS & POLYMERS
TABLE 119 OTHER VERTICALS: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2020–2023 (USD MILLION)
TABLE 120 OTHER VERTICALS: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2024–2029 (USD MILLION)
TABLE 121 OTHER VERTICALS: NDT AND INSPECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 122 OTHER VERTICALS: NDT AND INSPECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
10 NDT AND INSPECTION MARKET, BY APPLICATION
10.1 INTRODUCTION
FIGURE 40 KEY APPLICATIONS OF NDT AND INSPECTION TECHNIQUES
10.2 FLAW DETECTION
10.2.1 INCREASING SIGNIFICANCE OF FLAW DETECTION FOR QUALITY CONTROL IN INDUSTRIAL INSPECTIONS TO DRIVE DEMAND
TABLE 123 DIFFERENT TYPES OF ULTRASONIC TRANSDUCERS USED IN FLAW DETECTION
10.3 STRESS AND STRUCTURE ANALYSIS
10.3.1 RISING IMPORTANCE OF STRESS AND STRUCTURAL ANALYSIS TO IDENTIFY DEFECTS WITHIN STRUCTURE OF TEST OBJECTS TO DRIVE MARKET
TABLE 124 NDT TECHNIQUES TO DETECT STRUCTURAL DAMAGES
10.4 LEAK DETECTION
10.4.1 ENHANCEMENT OF PIPELINE RELIABILITY USING ADVANCED LEAK DETECTION SYSTEMS TO DRIVE MARKET
TABLE 125 LEAK TESTING TECHNIQUES
10.5 DIMENSIONAL MEASUREMENT
10.5.1 USE OF DIMENSIONAL MEASUREMENT FOR OBJECT ASSESSMENT AND INSPECTION TO DRIVE MARKET
TABLE 126 DIMENSIONAL MEASUREMENT TECHNIQUES
TABLE 127 OBJECTIVES OF DIMENSIONAL MEASUREMENTS
10.6 PHYSICAL PROPERTIES ESTIMATION
10.6.1 ADOPTION OF NDT AND INSPECTION TO ASSESS PHYSICAL PROPERTIES OF TESTED OBJECTS TO DRIVE MARKET
10.7 WELD VERIFICATION
10.7.1 NEED TO ENSURE QUALITY OF WELD IN SEVERE LOADING CONDITIONS TO DRIVE DEMAND
10.8 CHEMICAL COMPOSITION DETERMINATION
10.8.1 USE OF CHEMICAL COMPOSITION EXAMINATION IN MANUFACTURING PROCESSES FOR QUALITY ASSURANCE TO DRIVE MARKET
10.8.1.1 Plasma emission spectrograph
10.8.1.2 Corrosion resistance testing
10.9 OTHER APPLICATIONS
TABLE 128 OTHER APPLICATIONS OF NDT AND INSPECTION
11 NDT AND INSPECTION MARKET, BY REGION
11.1 INTRODUCTION
FIGURE 41 NDT AND INSPECTION MARKET, BY REGION
FIGURE 42 NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET IN 2029
TABLE 129 NDT AND INSPECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 130 NDT AND INSPECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
11.2 NORTH AMERICA
FIGURE 43 NORTH AMERICA: NDT AND INSPECTION MARKET SNAPSHOT
TABLE 131 NORTH AMERICA: NDT AND INSPECTION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 132 NORTH AMERICA: NDT AND INSPECTION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 133 NORTH AMERICA: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 134 NORTH AMERICA: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
11.2.1 NORTH AMERICAN NDT AND INSPECTION MARKET: RECESSION IMPACT
11.2.2 US
11.2.2.1 Rising defense expenditures and aircraft production to fuel market growth
11.2.3 CANADA
11.2.3.1 Increasing demand for advanced material testing to drive market
11.2.4 MEXICO
11.2.4.1 High emphasis on urban mobility and expansion of natural gas pipeline network to fuel market growth
11.3 EUROPE
FIGURE 44 EUROPE: NDT AND INSPECTION MARKET SNAPSHOT
TABLE 135 EUROPE: NDT AND INSPECTION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 136 EUROPE: NDT AND INSPECTION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 137 EUROPE: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 138 EUROPE: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
11.3.1 EUROPEAN NDT AND INSPECTION MARKET: RECESSION IMPACT
11.3.2 UK
11.3.2.1 Growth in aircraft export to drive demand
11.3.3 GERMANY
11.3.3.1 Growing demand for NDT and inspection services and equipment in automotive vertical to drive market
11.3.4 FRANCE
11.3.4.1 Increased use of NDT and inspection services and equipment in aerospace vertical to fuel market growth
11.3.5 ITALY
11.3.5.1 Expansion of oil refining capacity and shale gas development to drive market
11.3.6 REST OF EUROPE
11.4 ASIA PACIFIC
FIGURE 45 ASIA PACIFIC: NDT AND INSPECTION MARKET SNAPSHOT
TABLE 139 ASIA PACIFIC: NDT AND INSPECTION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 140 ASIA PACIFIC: NDT AND INSPECTION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 141 ASIA PACIFIC: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 142 ASIA PACIFIC: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
11.4.1 ASIA PACIFIC NDT AND INSPECTION MARKET: RECESSION IMPACT
11.4.2 CHINA
11.4.2.1 Rapid infrastructure development and expanding automotive vertical to drive demand
11.4.3 JAPAN
11.4.3.1 Expanding nuclear power generation sector to propel market
11.4.4 INDIA
11.4.4.1 Increased demand for NDT equipment and inspection techniques in manufacturing sector to drive market
11.4.5 REST OF ASIA PACIFIC
11.5 ROW
FIGURE 46 MIDDLE EAST TO ACCOUNT FOR LARGEST SHARE OF ROW NDT AND INSPECTION MARKET IN 2029
TABLE 143 ROW: NDT AND INSPECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 144 ROW: NDT AND INSPECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
FIGURE 47 OIL & GAS SEGMENT TO ACCOUNT FOR LARGEST SHARE OF ROW NDT AND INSPECTION MARKET IN 2029
TABLE 145 ROW: NDT AND INSPECTION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 146 ROW: NDT AND INSPECTION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
11.5.1 ROW NDT AND INSPECTION MARKET: IMPACT OF RECESSION
11.5.2 MIDDLE EAST
11.5.2.1 High investment in infrastructure development to drive market
TABLE 147 MIDDLE EAST: NDT AND INSPECTION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 148 MIDDLE EAST: NDT AND INSPECTION MARKET, BY REGION, 2024–2029 (USD MILLION)
11.5.2.2 GCC Countries
11.5.2.2.1 Increasing infrastructure development attributed to economic diversification efforts to drive market
11.5.2.3 Rest of Middle East
11.5.3 AFRICA
11.5.3.1 Booming power vertical to fuel demand
11.5.4 SOUTH AMERICA
11.5.4.1 Rising demand for NDT equipment and inspection techniques in oil & gas and power verticals to drive market
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 KEY STRATEGIES ADOPTED BY MAJOR PLAYERS
FIGURE 48 NDT AND INSPECTION MARKET: OVERVIEW OF KEY STRATEGIES ADOPTED BY LEADING PLAYERS, 2021–2023
12.3 MARKET SHARE ANALYSIS, 2023
TABLE 149 NDT AND INSPECTION MARKET: DEGREE OF COMPETITION
FIGURE 49 NDT AND INSPECTION MARKET SHARE ANALYSIS, 2023
12.4 REVENUE ANALYSIS, 2019–2023
FIGURE 50 NDT AND INSPECTION MARKET: REVENUE ANALYSIS OF FIVE KEY COMPANIES, 2019–2023
12.5 COMPANY EVALUATION MATRIX, 2023
FIGURE 51 NDT AND INSPECTION MARKET: COMPANY EVALUATION MATRIX, 2023
12.5.1 STARS
12.5.2 PERVASIVE PLAYERS
12.5.3 EMERGING LEADERS
12.5.4 PARTICIPANTS
12.5.5 COMPANY FOOTPRINT
12.5.5.1 Overall footprint
TABLE 150 OVERALL COMPANY FOOTPRINT
TABLE 151 COMPANY SERVICE FOOTPRINT
12.5.5.2 Vertical footprint
TABLE 152 COMPANY VERTICAL FOOTPRINT
12.5.5.3 Regional footprint
TABLE 153 COMPANY REGION FOOTPRINT
12.6 STARTUP/SMALL AND MEDIUM-SIZED ENTERPRISE (SME) EVALUATION MATRIX, 2023
FIGURE 52 NDT AND INSPECTION MARKET: STARTUP/SME EVALUATION MATRIX, 2023
12.6.1 PROGRESSIVE COMPANIES
12.6.2 RESPONSIVE COMPANIES
12.6.3 DYNAMIC COMPANIES
12.6.4 STARTING BLOCKS
12.6.5 COMPETITIVE BENCHMARKING
12.6.5.1 List of key startups/SMEs
TABLE 154 NDT AND INSPECTION MARKET: DETAILED LIST OF KEY STARTUPS/SMES
12.6.5.2 Competitive benchmarking of key startups/SMEs
TABLE 155 NDT AND INSPECTION MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
12.7 COMPANY VALUATION, 2022
FIGURE 53 NDT AND INSPECTION MARKET: COMPANY VALUATION, 2022
12.8 FINANCIAL METRICS, 2022
FIGURE 54 NDT AND INSPECTION MARKET: FINANCIAL METRICS, 2022
12.9 COMPETITIVE SCENARIOS AND TRENDS
12.9.1 PRODUCT LAUNCHES
TABLE 156 NDT AND INSPECTION MARKET: PRODUCT LAUNCHES, APRIL 2022–NOVEMBER 2023
12.9.2 DEALS
TABLE 157 NDT AND INSPECTION MARKET: DEALS, JANUARY 2022–NOVEMBER 2023
13 COMPANY PROFILES
13.1 INTRODUCTION
13.2 KEY PLAYERS
13.2.1 GENERAL ELECTRIC
13.2.1.1 Business overview
TABLE 158 GENERAL ELECTRIC: COMPANY OVERVIEW
FIGURE 55 GENERAL ELECTRIC: COMPANY SNAPSHOT
13.2.1.2 Products/Solutions/Services offered
TABLE 159 GENERAL ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
13.2.1.3 Recent developments
13.2.1.3.1 Product launches
TABLE 160 GENERAL ELECTRIC: PRODUCT LAUNCHES
13.2.1.3.2 Deals
TABLE 161 GENERAL ELECTRIC: DEALS
13.2.1.4 MnM view
13.2.1.4.1 Key strengths/Right to win
13.2.1.4.2 Strategic choices
13.2.1.4.3 Weaknesses/Competitive threats
13.2.2 MISTRAS GROUP
13.2.2.1 Business overview
TABLE 162 MISTRAS GROUP: COMPANY OVERVIEW
FIGURE 56 MISTRAS GROUP: COMPANY SNAPSHOT
13.2.2.2 Products/Solutions/Services offered
TABLE 163 MISTRAS GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
13.2.2.3 Recent developments
13.2.2.3.1 Deals
TABLE 164 MISTRAS GROUP: DEALS
13.2.2.4 MnM view
13.2.2.4.1 Key strengths/Right to win
13.2.2.4.2 Strategic choices
13.2.2.4.3 Weaknesses/Competitive threats
13.2.3 OLYMPUS CORPORATION
13.2.3.1 Business overview
TABLE 165 OLYMPUS CORPORATION: COMPANY OVERVIEW
FIGURE 57 OLYMPUS CORPORATION: COMPANY SNAPSHOT
13.2.3.2 Products/Solutions/Services offered
TABLE 166 OLYMPUS CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
13.2.3.3 Recent developments
13.2.3.3.1 Product launches
TABLE 167 OLYMPUS CORPORATION: PRODUCT LAUNCHES
13.2.3.3.2 Deals
TABLE 168 OLYMPUS CORPORATION: DEALS
13.2.3.4 MnM view
13.2.3.4.1 Key strengths/Right to win
13.2.3.4.2 Strategic choices
13.2.3.4.3 Weaknesses/Competitive threats
13.2.4 ASHTEAD TECHNOLOGY
13.2.4.1 Business overview
TABLE 169 ASHTEAD TECHNOLOGY: COMPANY OVERVIEW
FIGURE 58 ASHTEAD TECHNOLOGY: COMPANY SNAPSHOT
13.2.4.2 Products/Solutions/Services offered
TABLE 170 ASHTEAD TECHNOLOGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
13.2.4.3 Recent developments
13.2.4.3.1 Product launches
TABLE 171 ASHTEAD TECHNOLOGY: PRODUCT LAUNCHES
13.2.4.3.2 Deals
TABLE 172 ASHTEAD TECHNOLOGY: DEALS
13.2.4.4 MnM view
13.2.4.4.1 Key strengths/Right to win
13.2.4.4.2 Strategic choices
13.2.4.4.3 Weaknesses/Competitive threats
13.2.5 NIKON METROLOGY NV
TABLE 173 NIKON METROLOGY NV: COMPANY OVERVIEW
13.2.5.1 Products/Solutions/Services offered
TABLE 174 NIKON METROLOGY NV: PRODUCTS/SOLUTIONS/SERVICES OFFERED
13.2.5.2 Recent developments
13.2.5.2.1 Product launches
TABLE 175 NIKON METROLOGY NV: PRODUCT LAUNCHES
13.2.5.2.2 Deals
TABLE 176 NIKON METROLOGY NV: DEALS
13.2.5.3 MnM view
13.2.5.3.1 Key strengths/Right to win
13.2.5.3.2 Strategic choices
13.2.5.3.3 Weaknesses/Competitive threats
13.2.6 SGS SOCIЙTЙ GЙNЙRALE DE SURVEILLANCE SA.
13.2.6.1 Business overview
TABLE 177 SGS SOCIЙTЙ GЙNЙRALE DE SURVEILLANCE SA.: COMPANY OVERVIEW
FIGURE 59 SGS SOCIЙTЙ GЙNЙRALE DE SURVEILLANCE SA.: COMPANY SNAPSHOT
13.2.6.2 Products/Solutions/Services offered
TABLE 178 SGS SOCIЙTЙ GЙNЙRALE DE SURVEILLANCE SA.: PRODUCTS/SOLUTIONS/ SERVICES OFFERED
13.2.6.3 Recent developments
13.2.6.3.1 Deals
TABLE 179 SGS SOCIЙTЙ GЙNЙRALE DE SURVEILLANCE SA.: DEALS
13.2.7 MAGNAFLUX
13.2.7.1 Business overview
TABLE 180 MAGNAFLUX: COMPANY OVERVIEW
13.2.7.2 Products/Solutions/Services offered
TABLE 181 MAGNAFLUX: PRODUCTS/SOLUTIONS/SERVICES OFFERED
13.2.7.3 Recent developments
13.2.7.3.1 Product launches
TABLE 182 MAGNAFLUX: PRODUCT LAUNCHES
13.2.8 EDDYFI TECHNOLOGIES
13.2.8.1 Business overview
TABLE 183 EDDYFI TECHNOLOGIES: COMPANY OVERVIEW
13.2.8.2 Products/Solutions/Services offered
TABLE 184 EDDYFI TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
13.2.8.3 Recent developments
13.2.8.3.1 Product launches
TABLE 185 EDDYFI TECHNOLOGIES: PRODUCT LAUNCHES
13.2.8.3.2 Deals
TABLE 186 EDDYFI TECHNOLOGIES: DEALS
13.2.9 SONATEST
13.2.9.1 Business overview
TABLE 187 SONATEST: COMPANY OVERVIEW
13.2.9.2 Products/Solutions/Services offered
TABLE 188 SONATEST: PRODUCTS/SOLUTIONS/SERVICES OFFERED
13.2.9.3 Recent developments
13.2.9.3.1 Product launches
TABLE 189 SONATEST: PRODUCT LAUNCHES
13.2.9.3.2 Deals
TABLE 190 SONATEST: DEALS
13.2.10 INTERTEK GROUP PLC
13.2.10.1 Business overview
TABLE 191 INTERTEK GROUP PLC: COMPANY OVERVIEW
FIGURE 60 INTERTEK GROUP PLC: COMPANY SNAPSHOT
13.2.10.2 Products/Solutions/Services offered
TABLE 192 INTERTEK GROUP PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
13.2.10.3 Recent developments
13.2.10.3.1 Product launches
TABLE 193 INTERTEK GROUP PLC: PRODUCT LAUNCHES
13.2.10.3.2 Deals
TABLE 194 INTERTEK GROUP PLC: DEALS
13.2.10.3.3 Others
TABLE 195 INTERTEK GROUP PLC: OTHERS
13.3 OTHER PLAYERS
13.3.1 APPLUS+
13.3.2 BUREAU VERITAS
13.3.3 COMET GROUP
13.3.4 TUV RHEINLAND
13.3.5 FISCHER TECHNOLOGY INC.
13.3.6 ACUREN
13.3.7 CREAFORM
13.3.8 VIDISCO LTD.
13.3.9 DEKRA
13.3.10 TEAM, INC.
13.3.11 LABQUIP NDT
13.3.12 CYGNUS INSTRUMENTS LTD.
13.3.13 FPRIMEC SOLUTIONS INC.
13.3.14 CARESTREAM HEALTH
13.3.15 ELEMENT MATERIALS TECHNOLOGY
14 APPENDIX
14.1 INSIGHTS FROM INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 CUSTOMIZATION OPTIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
