HOME › Research Insight › Non-Destructive Testing (NDT) Comprises Various Techniques Used to Inspect the Properties of Material, Product, Part, Weld, or a System Without Causing Damage
Non-Destructive Testing (NDT) Comprises Various Techniques Used to Inspect the Properties of Material, Product, Part, Weld, or a System Without Causing Damage
particle testing, liquid penetrant testing, ultrasonic testing, radiographic testing, acoustic emission testing, and many others. Some of the key players influencing the market for NDT are General Electric (U.S.), Olympus Corporation (Japan), Ashtead Technology Ltd. (U.K.), Mistras Group Inc. (U.S.), and Nikon Corporation (Japan).
Most of the leading companies adopted strategies such as new product launches and partnerships to boost their revenue and increase the market presence. Ashtead Group Inc. (U.K.) partnered with JR technology (U.S.) and Silverwing Ltd. (U.K.). Yxlon International GmbH (Germany) entered into a partnership with Mirtec Corporation (U.S.) and Hexagon Metrology (Sweden). Companies such as Nikon Corporation (Japan), Eddyfi NDT Inc. (Canada), Magnaflux Corporation (U.S.), and many others focused on the research and development.
General Electric (U.S.) is expected to play a significant role in the NDT market. It is one of the renowned brands in the inspection and measurement industry. The company has a robust R&D related to testing equipment. GE offers a broad portfolio of ultrasonic, radiographic, visual inspection, and Eddy current testing equipment. GE has developed new products to provide advanced NDT techniques to customers. Also, it has expanded its inspection technologies business. The industrial IoT (IIoT) ecosystem is expected to benefit the NDT division of the company. The company launched a new remote collaboration software platform for non-destructive testing services. This new platform enables real–time monitoring and inspection of industrial equipment through cloud infrastructure and wireless connectivity.
Olympus Corporation (Japan) is another company that is expected to play a major role in the NDT market. The company provides products related to optics, photography, audio, medical, and scientific solutions. Olympus offers scanners, flaw detectors, fiberscopes, videoscopes, and analyzers. Olympus provides non-destructive testing equipment based on ultrasonic and Eddy current technology. The company also offers flaw detectors based on new techniques such as guided wave and phased array; it is focused on new products launches.
Non-Destructive Testing and Inspection Market by Technique (Visual Testing, Magnetic Particle, Liquid Penetrant, Eddy Current, Ultrasonic, Radiographic, Acoustic Emission, Terahertz Imaging), Service, Vertical, and Geography - Global Forecast to 2022
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