Nondestructive Testing Equipment and Services: Ultrasonic, Radiographic, Eddy Current and Others
Report Scope:
In this report, the market has been segmented based on types (equipment type and service type), application and geography. The report provides an overview of the global NDT equipment and services market and analyzes market trends. Using 2022 as the base year, the report provides estimated market data for 2023-2028. Revenue forecasts for this period are segmented based on types (equipment type and service type), application and geography. Market values have been estimated based on the triangulation method using parameters such as the total revenue of NDT equipment and services providers, primary interview results and secondary white paper information.
The report covers the market for NDT equipment and services with regard to the application base across different regions. It also highlights major trends and challenges that affect the market and the vendor landscape. The report estimates the global market for NDT equipment and services in 2022 and provides projections for the expected market size through 2028.
Report Includes:
92 data tables and 39 additional tables
An overview of the global market landscape related to the nondestructive testing equipment and services: ultrasonic, radiographic, eddy current and others
In-depth analysis of global market trends, featuring historical revenue data for 2022, estimated figures for 2023, as well as forecasts for 2025, and 2028. This analysis includes projections of Compound Annual Growth Rates (CAGRs) spanning through 2028
Evaluation of the current market size and revenue growth prospects specific to non destructive testing equipment and services, accompanied by a comprehensive market share analysis categorized by equipment type, service type, technique, application, and geographical region
An overview of the challenges that the industry is facing and a discussion on how to overcome them
Discussion on concepts, importance and life cycle assessment of the industry and information on training and NDT certification requirements and coverage of market regulations and standards
An analysis of pipeline products and ESG trends
Market share analysis of the key companies and coverage of their proprietary technologies, strategic alliances, and patent activity
Company profiles of the leading players including Thermo Fisher Scientific Inc., Smiths Group plc., Olympus Corp., General Electric Company., and Nikon Corp.
Chapter 1 Introduction
Introduction
Study Goals and Objectives
Reasons for Doing the Study
Scope of Report
What’s New in This Update?
Methodology
Information Sources
Geographic Breakdown
Segmentation Breakdown
Chapter 2 Summary and Highlights
Market Outlook
Chapter 3 Market Overview
Definition of Nondestructive Testing
Concepts in the Industry
Importance of the Industry
NDT Methods
Life Cycle Assessment
Life Cycle Cost
Technology Life Cycle
History of Nondestructive Testing (NDT)
History of Nondestructive Technologies
Current Market Overview
Training and NDT Certification
NDT Certification Levels
Recertification
Certification Requirements
Certification Examinations
Documentation
Levels of Certification
Certification Requirements
Accredited Bodies for Training and Certification
Value Chain Analysis
Market Regulations/Standards
Porter’s Five Forces Analysis
Bargaining Power of Buyers
Bargaining Power of Suppliers
Threat of New Entrants
Threat of Substitutes
Degree of Competition
Impact of COVID-19 on the Market for NDT Equipment and Services
Conclusion
Chapter 4 Market Dynamics
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Chapter 5 Market Breakdown by Segment
Introduction
NDT Equipment
Ultrasonic Testing (UT)
Radiographic Testing (RT)
Visual Inspection (VI)
Eddy-Current Testing (ECT)
Magnetic Particle Inspection (MPI)
Acoustic Emission Testing (AET)
Liquid Penetrant Inspection (LPI)
IR Thermography Testing (IRT)
Other NDT Testing Methods
NDT Services
NDT Inspection Services
NDT Training Services
NDT Equipment Rental Services
NDT Equipment Calibration Services
Other NDT Services
Chapter 6 Market Breakdown by Application
Introduction
Oil and Gas
Types of Oil and Gas NDT Applications
Power Generation
NDT in Nuclear Power Plants
NDT in Thermal Power Plants
Aerospace and Defense
Automotive and Transportation
Transportation Security
Transportation-Shipping and Railroads
Infrastructure
NDT on Bridges
NDT on Buildings
Manufacturing
NDT in Metals Production Industries
NDT in Chemical Industries
Other Applications
Composites
Chapter 7 Market Breakdown by Region
Total Global Value by Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
U.K.
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
South America
Rest of the World (RoW)
Chapter 8 Sustainability in the NDT Equipment and Services Industry: An ESG Perspective
Importance of ESG in the NDT Equipment and Services Industry
Key ESG Issues in the NDT Equipment and Services Industry
NDT Equipment and Services Industry ESG Performance Analysis
ESG Penetration
Environmental Performance
Social Performance
Governance Performance
Consumer Attitudes toward ESG in the Market for NDT Equipment and Services
ESG Practices in the NDT Equipment and Services Industry
ESG-Related Risks in the NDT Equipment and Services Industry
ESG-Related Opportunities in the NDT Equipment and Services Industry
Case Study
Concluding Remarks from BCC
Chapter 9 Patent Analysis
Patent Analysis
Recently Granted Key Patents
Chapter 10 M&A and Funding Outlook
M&A Analysis
Start-up Funding in the Equipment and Services Industry