Global Non-Destructive Material Testing Equipment Market Growth 2024-2030

Global Non-Destructive Material Testing Equipment Market Growth 2024-2030

Non-destructive material testing equipment is a wide group of equipment used in science and industry to evaluate the properties of a material, component or system without causing damage. Common NDT methods include ultrasonic, magnetic-particle, liquid penetrant, radiographic, remote visual inspection, eddy-current testing, and low coherence interferometry.

The global Non-Destructive Material Testing Equipment market size is projected to grow from US$ 1387.2 million in 2023 to US$ 1990 million in 2030; it is expected to grow at a CAGR of 5.3% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Non-Destructive Material Testing Equipment Industry Forecast” looks at past sales and reviews total world Non-Destructive Material Testing Equipment sales in 2023, providing a comprehensive analysis by region and market sector of projected Non-Destructive Material Testing Equipment sales for 2024 through 2030. With Non-Destructive Material Testing Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Non-Destructive Material Testing Equipment industry.

This Insight Report provides a comprehensive analysis of the global Non-Destructive Material Testing Equipment 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 Non-Destructive Material Testing Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Non-Destructive Material Testing Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Non-Destructive Material Testing Equipment 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 Non-Destructive Material Testing Equipment.

The United States is the largest market of non-destructive material testing equipment, which occupies average 31.42 percent of global non-destructive material testing equipment procedures per year. It is followed by Europe and China, which respectively have around 50 percent of the global total industry. Others main regions which take important part in this industry include Japan and some Industrial countries.

This report presents a comprehensive overview, market shares, and growth opportunities of Non-Destructive Material Testing Equipment market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
X-Ray
Ultrasonic
Magnetic Particle
Penetrant Flaw Detection
Eddy Current Test
Others

Segmentation by application
Aerospace & Defense
Automotive
Oil & Gas
Infrastructure
Power Generation
Others

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.
General Electric
Olympus
Mistras Group
Nikon
Magnaflux
YXLON
Fujifilm
Karl Deutsch
Sonatest
Proceq
Zetec
Bosello High Technology
Union
SIUI
Zhongke Innovation

Key Questions Addressed in this Report

What is the 10-year outlook for the global Non-Destructive Material Testing Equipment market?

What factors are driving Non-Destructive Material Testing Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Non-Destructive Material Testing Equipment market opportunities vary by end market size?

How does Non-Destructive Material Testing Equipment break out type, application?

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