Global Non Destructive Testing Market - 2023-2030

Global Non Destructive Testing Market - 2023-2030

Global Non-Destructive Testing Market reached US$ 9.9 billion in 2022 and is expected to reach US$ 19.2 billion by 2030, growing with a CAGR of 10.1% during the forecast period 2023-2030. Non-destructive testing helps to identify flaws and defects in the early stage of the production process leads to reducing the need for expensive repairs and replacements. The cost-saving advantage has led to the increasing adoption of non-destructive testing as a preventive maintenance tool.

North America is growing at the highest CAGR owing to the presence of countries like U.S., Canada and Mexico. The region is a manufacturing hub for various industries, which include automotive, aerospace and electronics. Non-destructive testing is widely used in these sectors to inspect and assess the quality of manufactured components and materials. Non-destructive testing techniques, particularly those involving radiation, have proven to be highly valuable in the construction of public buildings, bridges and utility pipelines.

Market Dynamics

High Market Demand from Oil and Gas Industry

The oil and gas industry is subjected to strict safety and environmental regulations. Non-destructive testing inspections ensure that equipment and infrastructure meet regulatory standards, helping companies maintain compliance and avoid penalties or legal liabilities. Non-destructive testing methods provide accurate and detailed data on the condition of equipment and infrastructure.

The consequences of a catastrophic failure in the oil and gas industry can be severe, both in terms of human lives and environmental impact. Non-destructive testing helps prevent such failures by detecting defects early and facilitating timely interventions. The demand for oil and gas products rises there is a greater emphasis on quality assurance. Non-destructive testing ensures that products and materials used in the industry meet the required standards and specifications.

Increasing Adoption of Non-Destructive Testing in Power and Energy Industries

The power and energy industry relies heavily on expensive and complex assets. Non-destructive testing provides valuable insights and management strategies that include repair, replacement or refurbishment plans. Power and energy installations involve complex structures and materials, making traditional inspection methods challenging. Non-destructive testing techniques, such as PAUT and digital radiography, offers versatility and flexibility.

For instance, on 6 September 2022, the AUTEND project, a collaboration between ALEIA , and LAUM aims to accelerate the inspection of nuclear power plants using Artificial Intelligence (AI). The project focuses on using AI for non-destructive testing in nuclear infrastructures, which involves eddy current or ultrasound inspections. By applying AI, the project aims to automatically identify areas that need inspection, improving the efficiency and responsiveness of analysts in the field.

Impact on Environmental Conditions

The effectiveness of the inspection is highly dependent on the proficiency of the technician in interpreting results and selecting the appropriate inspection techniques. Non-destructive testing inspections can be time-consuming, especially for large or intricate components which may lead to production or operational delays in certain cases.

Certain environmental conditions, such as extreme temperatures, moisture or magnetic interference, can affect the performance of non-destructive testing equipment and impact inspection accuracy. Different non-destructive testing methods work optimally with specific materials and geometries. Some materials, like composites or complex structures, create challenges for certain non-destructive testing techniques, necessitating alternative methods or combinations of techniques.

COVID-19 Impact Analysis

There was an increasing tendency towards implementing remote non-destructive testing technology in order to lessen the effects of travel restrictions and cut down on human interactions. Companies began utilizing robotics, drones and cutting-edge sensor-based systems to conduct inspections at a distance. The increasing adoption of remote inspection is driving the technology and making a shift towards adopting this approach.

Overall, due to decreased industrial activity and supply chain interruptions during the early phases of the pandemic, the non-destructive testing market slowed substantially. The market began to show indications of revival, nevertheless, as remote inspection technologies were adopted and industrial activities were gradually resumed.

AI Impact

The integration of data from numerous non-destructive testing methods and sensors is made possible by AI. Inspectors can gain a complete view of the state of the object or asset under examination by combining information from many sources. The non-destructive testing industry is projected to experience additional developments as AI technology develops, leading to continued advancements in inspection capabilities across numerous industries.

Techniques for image and signal processing powered by AI can improve the caliber of non-destructive testing data. Easier precision for identifying and analyzing inspection data is coupled with enhanced visualization and interpretation capabilities that significantly contribute to the growth of the non-destructive testing market.

Russia-Ukraine War Impact

Due to logistical issues and political unpredictability, there may be possible supply chain interruptions if non-destructive testing equipment or components are made in the affected areas. It potentially impacts the price and accessibility of non-destructive testing products across countries.

Critical infrastructure and industrial facilities may require more non-destructive testing inspections to ensure safety and assess damage in areas immediately impacted by the war. Collaborations between non-destructive testing organizations and enterprises in the region may be hampered or affected by the conflict, which would have an impact on knowledge transfer and technological advancement.

Segment Analysis

The global non-destructive testing market is segmented based on technique, end-user and region.

Aerospace Industry Boosts the Demand for Non-Destructive Testing Market

During the forecast period, aerospace is expected to grow with a significant CAGR in the global non-destructive testing market. The aerospace maintenance sector heavily relies on non-destructive testing for inspection. As the aerospace industry addresses environmental concerns, non-destructive testing plays a significant role in optimizing aircraft and spacecraft designs to reduce fuel consumption and emissions, contributing to sustainability efforts.

For example, Nasmyth TMF, a leading player in metal finishing, painting, and NDT testing for the aerospace and defense industries, gained NADCAP accreditation for its NDT services in March 2022. As a result of the company's continued complete Nadcap accreditation, the company is in a position to keep serving the aerospace and defense supply chains in U.S. and Canada.

Geographical Penetration

Asia-Pacific Witnessed Various Advancements in Non-Destructive Testing Technologies

Asia-Pacific is expected to hold around 1/4th of the global non-destructive testing market in 2022. Countries like China, Japan and India witnessed major advancements in non-destructive testing technologies which include advanced imaging techniques, robotics and data analytics, these features made the inspection process more efficient, accurate and cost-effective which leads to increased adoption of non-destructive testing.

For instance, on 15 April 2023, Mumbai-based TCR Engineering opened a new material testing and non-destructive testing center at Bhubaneswar, Odisha. The center provides equipment with various state-of-the-art equipment and hired highly skilled staff and technicians which offers comprehensive testing and analysis services to clients. The services provided at the new center include a wide range of materials testing, such as mechanical testing, chemical analysis and metallurgical testing.

Competitive Landscape

The major global players include Olympus Corporation, GE Measurement and Control Solutions, Team Inc, Applus Services, Mistras Group Inc, SGS Group, Fujifilm Corporation, Bureau Veritas SA, Nikon Metrology NV and Intertek Group PLC.

Why Purchase the Report?
• To visualize the global non-destructive testing market segmentation based on technique, end-user and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of non-destructive testing market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The global non-destructive testing market report would provide approximately 53 tables, 56 figures and 181 Pages.

Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies