Global Non-Destructive Testing Equipment Market Report and Forecast 2024-2032

Global Non-Destructive Testing Equipment Market Report and Forecast 2024-2032

Global Non-Destructive Testing Equipment Market Report and Forecast 2024-2032

Market outlook

According to the report by Expert Market Research (EMR), the non-destructive testing equipment market size reached a value of USD 3.45 billion in 2023. Aided by the increasing demand for quality assurance and safety in industrial applications and the growing applications of non-destructive testing equipment across various sectors, the market is projected to further grow at a CAGR of 6.5% between 2024 and 2032 to reach a value of USD 6.07 billion by 2032.

Non-destructive testing equipment is used to evaluate the properties of a material, component, or system without causing damage. Non-destructive testing techniques include ultrasonic testing, radiographic testing, magnetic particle testing, liquid penetrant testing, and eddy current testing, among others. The key benefits of non-destructive testing equipment include ensuring product reliability, detecting flaws and defects, and enhancing safety and performance in industrial applications, making them indispensable in various sectors such as aerospace, automotive, oil and gas, and construction.

The economic growth and industrial development in many regions are contributing to the increased demand for non-destructive testing equipment. As sectors expand and new infrastructure projects are undertaken, the need for reliable and efficient inspection and quality control solutions is increasing. This economic prosperity is supporting the growth of the non-destructive testing equipment market in various regions.

The increasing consumer preference for quality assurance and safety in industrial applications is driving the non-destructive testing equipment market growth. With the growing awareness of the importance of maintaining high standards in manufacturing and construction, there has been a significant shift towards using advanced non-destructive testing techniques, leading to a surge in demand. Additionally, the rising trend of automation and digitalisation in sectors has further contributed to the increasing popularity of non-destructive testing equipment, as they offer reliable and efficient solutions for inspection and quality control.

The expanding applications of non-destructive testing equipment in various sectors also play a significant role in propelling the market. In the aerospace sector, non-destructive testing equipment is used to inspect aircraft components and structures to ensure their integrity and safety. In the automotive sector, non-destructive testing techniques are utilised to detect defects in vehicle parts and assemblies, ensuring high-quality production. Moreover, the oil and gas sector use non-destructive testing equipment to inspect pipelines, tanks, and other infrastructure to prevent leaks and failures, enhancing safety and operational efficiency.

Further, the growing focus on technological advancements and innovation in non-destructive testing equipment has led to the development of advanced solutions with enhanced capabilities such as real-time data analysis, remote monitoring, and automated inspection. These innovations have significantly improved the accuracy and efficiency of non-destructive testing processes, making them more appealing to industries. This trend is expected to boost the non-destructive testing equipment market expansion in the coming years, consequently driving up the non-destructive testing equipment market share.

Ultrasonic testing equipment includes non-destructive testing techniques that use high-frequency sound waves to detect flaws and measure material thickness. The demand for ultrasonic testing is driven by its high accuracy and versatility in various applications.

Radiographic testing equipment includes non-destructive testing techniques that use X-rays or gamma rays to inspect the internal structure of materials. The demand for radiographic testing is driven by its ability to detect hidden defects and provide detailed imaging.

As per the non-destructive testing equipment market analysis, magnetic particle testing equipment includes non-destructive testing techniques that use magnetic fields to detect surface and near-surface defects in ferromagnetic materials. The demand for magnetic particle testing is driven by its simplicity and effectiveness in detecting surface cracks.

Liquid penetrant testing equipment includes non-destructive testing techniques that use dye penetrants to detect surface-breaking defects in non-porous materials. The demand for liquid penetrant testing is driven by its ease of use and effectiveness in detecting surface flaws.

Market Segmentation

The market can be divided based on method, technology, end use, and region

Market Breakup by Method

• Visual Inspection
• Surface Inspection
• Volumetric Inspection

Market Breakup by Technology

• Magnetic Particle Testing Equipment
• Liquid Penetrant Testing Equipment
• Radiography Testing Equipment
• Ultrasonic Testing Equipment
• Visual Inspection Equipment
• Eddy Current Equipment
• Others

Market Breakup by End Use

• Oil and Gas
• Power and Energy
• Aerospace and Defence
• Automotive and Transportation
• Construction
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Europe

Competitive landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in global non-destructive testing equipment market. some of the major players explored in the report by expert market research are as follows:

• Baker Hughes Company (Waygate Technologies)
• Mistras Group, Inc.
• Previan Technologies, Inc. (Eddyfi Technologies)
• FUJIFILM Corporation
• Comet AG
• Sonatest Ltd.
• Zetec, Inc.
• Magnaflux
• Vidisco Ltd.
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.