Global Non Destructive Testing Equipment Market Growth 2023-2029

Global Non Destructive Testing Equipment Market Growth 2023-2029

Non-destructive testing, NDT is all about testing materials without breaking them. X-ray imaging is the most ideal method to get a high quality picture of the inside of a material.

X-Ray non-destructive testing (NDT) equipment is used to inspect an object for internal defects, abnormalities, pore, and other inconsistencies without destroying it. Because NDT does not permanently alter the article being inspected, it is a highly valuable technique that can save both money and time in product evaluation, troubleshooting, and research.

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

This Insight Report provides a comprehensive analysis of the global Non Destructive 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 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 Testing Equipment market.

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

The global Non Destructive Testing Equipment market size is projected to grow from US$ 1387.2 million in 2022 to US$ 1768.1 million in 2029; it is expected to grow at a CAGR of 1768.1 from 2023 to 2029.

Global X-ray Non-destructive Testing Equipment key players include Zeiss, Fujifilm, General Electric, Shimadzu, Comet Group, etc. Global top five manufacturers hold a Production Market Share over 40%. Japan accounts for the most Production Market Share, which have a share over 25%, followed by North America. In terms of product, Portable Non-destructive Testing Equipment is the largest segment, with a Production Market Share over 65%. And in terms of application, the largest application is Auto Industry, followed by Petroleum and Natural Gas Industry.

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

Market Segmentation:

Segmentation by type
X-Ray
Ultrasonic
Magnetic particle
Penetrant flaw detection
Eddy current test
Other

Segmentation by application
Electricity
Oil and gas
Automotive
Aerospace
Other

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.
GE Measurement & Control
Olympus Corporation
Magnaflux
YXLON
Nikon Metrology NV
Zetec
Mistras
karl deutsch
Proceq
Sonatest
Union
Dndt
Huari
Aolong
Zhongke Innovation
Quanrui
Hongxu
Siui
IDEA
Runqi

Key Questions Addressed in this Report

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

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

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

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

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

What are the influences of COVID-19 and Russia-Ukraine war?

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