HOME Analyst Briefings Analyst Briefing Presentation On The Global Non-Destructive Testing (NDT) Equipment Market-By Technology (Ultrasonic, Eddy Current, Electromagnetic, Radiography, Thermography), Verticals (Manufacturing, Petrochemical, Aerospace, Automotive, Power Generation) And Geography (2013 2018) To Be Held On 11 February 2013


Analyst Briefing Presentation On The Global Non-Destructive Testing (NDT) Equipment Market-By Technology (Ultrasonic, Eddy Current, Electromagnetic, Radiography, Thermography), Verticals (Manufacturing, Petrochemical, Aerospace, Automotive, Power Generation) And Geography (2013 2018) To Be Held On 11 February 2013

The E&SC practice at MarketsandMarkets is pleased to announce its Analyst Briefing Presentation on the "Global Non-Destructive Testing (NDT) Equipment Market-by Technology (Ultrasonic, Eddy Current, Electromagnetic, Radiography, Thermography), Verticals (Manufacturing, Petrochemical, Aerospace, Automotive, Power Generation) and Geography (2013 - 2018)"to be held on 11 February 2013

Non-destructive testing can be defined as the use of noninvasive techniques to identify the candor of a material, device or structure.In today automotive world, non-destructive testing is expanding at a rapid pace. The growth of power supply, oil & gas, aerospace as well as water treatment sector has induced a great demand in non-destructive testing equipment market.

The whole non-destructive testing equipment industry can be divided into four major parts; viz technology, verticals, application, and geography. The technology section can be sub-divided into contact and non-contact methods based on their physical contact with the test object. The contact methods are an established and a matured market while non-contact methods are established and a growing market. In the vertical sector, non-destructive testing methods serve many industries like aerospace, mining, foundries, heavy engineering, military and defense, power generation, automobiles, and so on due to enhanced automation and infrastructure rate.

The non-destructive testing equipment market is estimated to reach $2200 million in 2018 at a CAGR of 8.0% from 2013-2018. APAC region is observed to grow at the highest rate. This is primarily due to the increased rate of infrastructure development and increased concern over safety and security of the aging machinery in countries like India, China, Japan and South Korea.

This report describes the market dynamics of non-destructive testing equipment industry, which comprises of drivers, restraints and opportunities along with their impact analysis matrix.& Impact analysis matrix depicts the impact of particular driver and restraint on the market at present and in the days to come. The major drivers of non-destructive testing equipment market are user friendly software, strong government regulations, continuous advancement in electronics, automation and robotics and assured return on investment.

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* Briefing Title: Analyst Briefing Presentation On The Global Non-Destructive Testing (NDT) Equipment Market-By Technology (Ultrasonic, Eddy Current, Electromagnetic, Radiography, Thermography), Verticals (Manufacturing, Petrochemical, Aerospace, Automotive, Power Generation) And Geography (2013 2018) To Be Held On 11 February 2013
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