Global NDT Services Market Growth (Status and Outlook) 2023-2029

Global NDT Services Market Growth (Status and Outlook) 2023-2029

The major factors driving this market include the outsourcing of NDT services to third party service providers and the availability of different NDT methods to meet the requirement to ensure quality inspection.

LPI (LP Information)' newest research report, the “NDT Services Industry Forecast” looks at past sales and reviews total world NDT Services sales in 2022, providing a comprehensive analysis by region and market sector of projected NDT Services sales for 2023 through 2029. With NDT Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world NDT Services industry.

This Insight Report provides a comprehensive analysis of the global NDT Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on NDT Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global NDT Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for NDT Services and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global NDT Services.

The global NDT Services market size is projected to grow from US$ 5385 million in 2022 to US$ 7566.9 million in 2029; it is expected to grow at a CAGR of 5.0% from 2023 to 2029.

The market in APAC is expected to grow at the highest CAGR between 2016 and 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of NDT Services market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Ultrasonic Testing
Radiography Testing
Magnetic Particle Testing
Liquid Penetrant Testing
Other

Segmentation by application
Aircraft Industry
Space Industry

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
PMP
Mitchell Laboratories
Acuren
Jan-Kens Enameling
MISTRAS
Element
AMP
Aviation Repair Solution
Triumph (Embee Division)

Please note: The report will take approximately 2 business days to prepare and deliver.