Global Nondestructive Testing Market Growth 2023-2029

Global Nondestructive Testing Market Growth 2023-2029

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

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

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

The global Nondestructive Testing market size is projected to grow from US$ 9031.4 million in 2022 to US$ 13580 million in 2029; it is expected to grow at a CAGR of 13580 from 2023 to 2029.

United States market for Nondestructive Testing is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Nondestructive Testing is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Nondestructive Testing is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Nondestructive Testing players cover Olympus Corporation, GE Measurement & Control, Sonatest, Parker, Nawoo, Magnaflux, Rigaku, Pine and Acoustic Control Systems, Ltd, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

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

Market Segmentation:

Segmentation by type
Eddy Current Inspection
Magnetic Particle
Electromagnetic
Liquid Penetrant
Radiography
Ultrasonic

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

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.
Olympus Corporation
GE Measurement & Control
Sonatest
Parker
Nawoo
Magnaflux
Rigaku
Pine
Acoustic Control Systems, Ltd
Olson Instrument
Karl deutsch
MODSONIC
West Penn Testing
Advanced NDT
Beiji Xingchen
Ultrasonic
Technology
Times
Nengda
Allrising
Testing Equipment
Wlndt Systems
Sheyang Xingyu
Mingda Tanshang

Key Questions Addressed in this Report

What is the 10-year outlook for the global Nondestructive Testing market?

What factors are driving Nondestructive Testing market growth, globally and by region?

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

How do Nondestructive Testing market opportunities vary by end market size?

How does Nondestructive Testing 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.