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Non-destructive 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.
Market Analysis and Insights: Global Non-Destructive Testing Equipment Market
Due to the COVID-19 pandemic, the global Non-Destructive Testing Equipment market size is estimated to be worth US$ 2128 million in 2021 and is forecast to a readjusted size of US$ 2128 million by 2028 with a CAGR of 5.2% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Non-Destructive Testing Equipment global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Global Non-Destructive Testing Equipment key players include GE Measurement and Control, Olympus Corporation, Magnaflux, YXLON, Nikon Metrology NV, etc. Global top five players hold a share about 40%.
North America is the largest market, with a share about 35%, followed by Europe and China, having a total share about 40 percent.
In terms of product, Ultrasonic is the largest segment, with a share about 30%. And in terms of application, the largest application is Electricity, followed by Oil and gas, Automotive, Aerospace.
Global Non-Destructive Testing Equipment Scope and Market Size
The global Non-Destructive Testing Equipment market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Non-Destructive Testing Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
X-Ray
Ultrasonic
Magnetic Particle
Penetrant Flaw Detection
Eddy Current Test
Other
Segment by Application
Electricity
Oil and gas
Automotive
Aerospace
Other
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
GE Measurement and 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
Market Analysis and Insights: Global Non-Destructive Testing Equipment Market
Due to the COVID-19 pandemic, the global Non-Destructive Testing Equipment market size is estimated to be worth US$ 2128 million in 2021 and is forecast to a readjusted size of US$ 2128 million by 2028 with a CAGR of 5.2% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Non-Destructive Testing Equipment global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Global Non-Destructive Testing Equipment key players include GE Measurement and Control, Olympus Corporation, Magnaflux, YXLON, Nikon Metrology NV, etc. Global top five players hold a share about 40%.
North America is the largest market, with a share about 35%, followed by Europe and China, having a total share about 40 percent.
In terms of product, Ultrasonic is the largest segment, with a share about 30%. And in terms of application, the largest application is Electricity, followed by Oil and gas, Automotive, Aerospace.
Global Non-Destructive Testing Equipment Scope and Market Size
The global Non-Destructive Testing Equipment market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Non-Destructive Testing Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
X-Ray
Ultrasonic
Magnetic Particle
Penetrant Flaw Detection
Eddy Current Test
Other
Segment by Application
Electricity
Oil and gas
Automotive
Aerospace
Other
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
GE Measurement and 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
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
