Global Non-Destructive Testing Equipment (NDTE) Market Growth (Status and Outlook) 2023-2029

Global Non-Destructive Testing Equipment (NDTE) Market Growth (Status and Outlook) 2023-2029

Non-Destructive Testing Equipment (NDTE) is a wide group of equipment used in science and industry to evaluate the properties of a material, component or system without causing damage.

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

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

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

The global Non-Destructive Testing Equipment (NDTE) market size is projected to grow from US$ 4548 million in 2022 to US$ 7545.5 million in 2029; it is expected to grow at a CAGR of 7.5% from 2023 to 2029.

Global non-destructive testing equipment key players include Zeiss, Fujifilm, General Electric, etc. Global top 5 players hold a share about 40%.

North America is the largest market, with a share about 33%, followed by Europe and Asia-Pacific, having a total share about 60 percent.

In terms of product, ultrasonic testing equipment is the largest segment, with a share about 30%. And in terms of application, the largest application is aerospace & defense industry, followed by oil & gas industry.

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

Market Segmentation:

Segmentation by type

Ultrasonic Testing Equipment

Magnetic Particle Testing Equipment

Visual Inspection Equipment

Radiography Testing Equipment

Penetrant Testing Equipment

Eddy Current Testing Equipment

Acoustic Emission Testing Equipment

Segmentation by application

Aerospace & Defense Industry

Automotive Industry

Oil & Gas Industry

Infrastructure Industry

Power Generation Industry

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.

Zeiss

Fujifilm

General Electric

Shimadzu

Comet Group

Spellman

Olympus Corporation

Teledyne

Rigaku

Nikon

Werth

Marietta

VisiConsult

SEC

Vidisco

QSA Global

Sigray

Aolong Group

Unicomp Technology

Dandong NDT Equipment

Sanying Precision Instruments

SXRAY

Dothing Technologies

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