Non-Destructive Testing and Inspection Market

Non-Destructive Testing and Inspection Market by Technique (Visual Testing, Magnetic Particle, Liquid Penetrant, Eddy-Current, Ultrasonic, Radiographic, Acoustic Emission), Method, Service, Vertical, and Geography - Global Forecast to 2024

Report Code: SE 2860 Mar, 2019, by marketsandmarkets.com

[214 Pages Report] The non-destructive testing and inspection market is estimated to grow from USD 8.3 billion in 2018 to USD 12.6 billion by 2024; it is expected to grow at a CAGR of 7.24% from 2018 to 2024. Non-destructive testing (NDT) techniques are primarily used in engineering industries for evaluating different properties of structures, equipment, components, and materials without causing any damage. NDT Market and inspection is an extremely valuable technique for timely evaluation and diagnosis of faults in products. It is an important quality control tool in the manufacturing process as it allows for early detection of surface and subsurface defects in finished and work-in-progress (WIP) goods. NDT is also used for detecting faults and structural integrity in industrial assets and public infrastructures such as factory buildings, platforms, bridges, railway lines, piping systems, and industrial machinery. Stringent government regulations regarding public safety and product quality, and continuous advances in electronics, automation, and robotics are a few key factors driving the growth of the NDT Market and inspection market. The high adoption of IoT devices and rising need to assess the health of aging assets also propel the growth of the NDT Market and inspection market.

Non-Destructive Testing Services Market

The ultrasonic technique (UT) is likely to be the largest contributor in the NDT and inspection market during the forecast period

The market for the UT (ultrasonic testing) technique is projected to largest contributor in NDT Market. It is presently the most popular NDT technique owing to its ability to accurately identify defects and determine their severity. Some advanced techniques such as ultrasonic immersion testing and guided-wave ultrasonic testing can be used for critical applications in the oil & gas and aerospace industries, among many others. RT (radiographic testing) is estimated to be the second-largest market in 2018. Recent advancements in digital radiography make RT a reliable NDT technique for inspection.

Inspection services to account for the largest market size by 2018

NDT market inspection services are likely to account for the largest share of the market in 2018. The primary purpose of NDT techniques is to inspect objects, materials, machinery, and structures for defects so that they can be rectified in a timely and cost-effective manner. After inspection services, training services are likely to continue to gain the second-largest market share in the coming years since training NDT technicians to keep them updated with new technological trends and make them aware of changing demands of the customers is equally essential.

Non-Destructive Testing Services Market

The NDT and inspection market in APAC to grow at the highest CAGR during the forecast period

Asia Pacific is likely to be the fastest-growing region in the NDT Market and inspection market owing to the rapid infrastructural development and adoption of automation in manufacturing industries in countries such as India and China. Countries in Asia Pacific are involved in the manufacturing of defense aircraft, which is expected to increase the demand for NDT and inspection equipment and services in the defense & aerospace industry. Many infrastructural development projects are under construction and scheduled to be constructed in the region during the forecast period. The demand for automobiles is estimated to grow substantially by 2024.

Key Market Players

  • Major players in the NDT Market and inspection market include General Electric (US), Olympus Corporation (Japan), MISTRAS Group (US), Nikon Metrology (Belgium), and Ashtead Technology (Scotland), YXLON International (Germany), Sonatest (UK), Zetec, Inc. (US), T.D. Williamson Inc. (US), Bosello High Technology srl (Italy), Eddyfi (Canada), and Magnaflux (US), Fischer Technology Inc. (US), Cygnus Instruments Ltd. (UK), NDT Global GmbH (Germany), Acuren (US), and LynX Inspection (Canada).
  • GE (US) plays a vital role in the NDT Market equipment market by offering solutions for ultrasonic testing, radiographic inspection, visual inspection, and eddy-current testing, along with their related components, accessories, and software solutions. With its advanced solutions and products, the company has retained its leading position in the market. GE Measurement & Control focuses on the development of NDT products that can be widely used for monitoring, protecting, and improving the performance of industrial equipment. GE also follows the strategy of customer orientation. The company has also expanded its presence to increase its customer base across the world. For example, in November 2015, GE opened a new technology solution center in the UK to test GE’s NDT technologies and to solve specific inspection problems for its customers.
  • Olympus is a well-established brand in the NDT Market. With its diverse business segments, namely, Medical, Scientific Solution, Imaging, and Others and a strong geographic presence, the company holds a strong position in the market. Strategic alliances, partnerships, and new product launches will help the company to gain a larger market share. Innovative product developments and launches have been leading business strategies adopted by Olympus Corporation in the past few years; for instance, in May 2018, the company launched the IPLEX G Lite ultra-portable industrial videoscope, which is used to inspect hard-to-reach areas of aircraft and piping systems. To expand its presence, Olympus has been collaborating with regional players who have technological competence. In September 2015, Olympus NDT Canada Inc. announced the purchase of 33,000 m2 of land in Quebec City’s Michelet Innovation Zone to construct a new office and manufacturing complex.

Recent Developments

  • In January 2018, Avitas Systems, a GE Venture, collaborated with Limelight Networks, Inc. for using its private network and distributed cloud infrastructure to deploy its next-generation, automated inspection platform. Avitas Systems Platform also utilizes GE’s Predix Edge solution, allowing users to continue to benefit from the use and functionality of GE’s Predix application services suite.
  • In December 2017, MISTRAS Group acquired West Penn Non-Destruction Testing LLC, a provider of non-destructive testing services at its in-house facilities, for USD 74 million in cash. The acquisition enhanced MISTRAS Group capability of in-house NDT Market services, especially for the customers from the aerospace industry.
  • In May 2018, Olympus introduced the IPLEX G Lite ultra-portable industrial videoscope, which is useful for the inspection of hard-to-reach areas of aircraft and piping. The device is highly efficient and easy to control.

Key Questions Addressed by the Report

  • Which are the major techniques of NDT market and inspection?
  • Which region would dominate the NDT market and inspection market during the forecast period?
  • What strategies are followed by NDT market equipment manufacturers and service providers to stay ahead in the competition?
  • What are growth perspectives of this market in different regions?
  • What are drivers, opportunities, and challenges pertaining to the NDT market and inspection market?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 21)
    1.1 Study Objectives
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered
    1.4 Currency
    1.5 Package Size
    1.6 Stakeholders

2 Research Methodology (Page No. - 25)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Source
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Capturing Market Size By Bottom-Up Analysis (Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Capturing Market Size By Top-Down Analysis (Supply Side)
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions
    2.5 Research Limitation

3 Executive Summary (Page No. - 35)

4 Premium Insights (Page No. - 41)
    4.1 Attractive Opportunities for Non-Destructive Testing and Inspection Market
    4.2 Non-Destructive Testing and Inspection Market – Year-Wise Growth of Market for NDT Services
    4.3 Non-Destructive Testing and Inspection Market in APAC, By Country and Vertical, 2017
    4.4 Market Share of Major Countries, 2018
    4.5 Non-Destructive and Inspection Market, By Technique, 2018 Vs. 2024

5 Market Overview (Page No. - 44)
    5.1 Introduction
    5.2 Evolution of Non-Destructive Testing
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Stringent Government Regulations Regarding Public Safety and Product Quality
                    5.3.1.2 Continuous Advances in Electronics, Automation, and Robotics
                    5.3.1.3 High Adoption of IoT Devices
                    5.3.1.4 Rising Need to Assess Health of Aging Assets
           5.3.2 Restraints
                    5.3.2.1 Dearth of Skilled and Qualified Personnel for Inspection Services
           5.3.3 Opportunities
                    5.3.3.1 Large-Scale Infrastructural Developments in APAC, Europe, and Latin America
                    5.3.3.2 Growing Demand for NDT Inspection Services From Power Generation Industry
                    5.3.3.3 Technological Advancements Creating New Application Areas for NDT Equipment
                    5.3.3.4 Importance of NDT Market in Controlling Corrosion in Aging Infrastructure
           5.3.4 Challenges
                    5.3.4.1 Evident Reluctance to Adopt New NDT Techniques
                    5.3.4.2 Increased Complexity of Machines and Structures
                    5.3.4.3 High Cost of Automated NDT Equipment
    5.4 Applications of NDT Market 
           5.4.1 Dimensional Measurement
           5.4.2 Flaw Detection
           5.4.3 Leak Detection
           5.4.4 Estimation of Physical Properties
           5.4.5 Chemical Composition Determination
                    5.4.5.1 Plasma Emission Spectrography
                    5.4.5.2 Corrosion Resistance Testing
           5.4.6 Stress and Structure Analysis
           5.4.7 Others

6 Industry Trends (Page No. - 56)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Emerging Trends: Non-Destructive Testing and Inspection Equipment Industry
           6.3.1 Using Combination of Techniques
           6.3.2 Development of New Materials to Refurbish Market
           6.3.3 Increased Customer Expectations From NDT Market Equipment
    6.4 Regulations and Standards Related to NDT Market
    6.5 Leading Associations for NDT Market 
           6.5.1 the American Society for NDT Market
           6.5.2 British Institute of Non-Destructive Testing
           6.5.3 Astm International
           6.5.4 Impact of Emerging Technologies on NDT Market
    6.6 Economic Impact of NDT Market and Inspection Techniques
           6.6.1 Use Case 1: Public Infrastructure
           6.6.2 Used Case 2: Oil & Gas Industry

7 Non-Destructive Testing and Inspection Market, By Technique (Page No. - 68)
    7.1 Introduction
    7.2 Ultrasonic Testing (UT)
           7.2.1 Straight Beam Testing
                    7.2.1.1 Straight Beam Testing are Deployed for Composites and Pipeline Corrosion Mapping Applications
           7.2.2 Angle Beam Testing
                    7.2.2.1 Angle Beam Testing is Most Commonly Used for Weld Inspection
           7.2.3 Immersion Testing
                    7.2.3.1 Immersion Testing Technique is Used to Assure the Quality of Welding Surfaces
           7.2.4 Guided Wave Testing
                    7.2.4.1 Guided-Wave Testing Helps in Overall Screening Coverage of the Pipe Wall
           7.2.5 Phased Array Testing
                    7.2.5.1 Phased Array Inspection is Used for Corrosion, Weld Inspection, Thickness Measurement, Flaw and Crack Detection
           7.2.6 Time-Of-Flight Diffraction (TOFD)
                    7.2.6.1 Time-Of-Flight Diffraction is One of the Most Accurate Methods of NDT Market and Inspection
    7.3 Visual Inspection Testing (VT)
           7.3.1 General Visual Inspection
                    7.3.1.1 General Visual Inspection is A Cost-Effective Approach for Quick Detection of Flaws in Testing Object
           7.3.2 Aided Visual Inspection
                    7.3.2.1 Borescope
                               7.3.2.1.1 Borescopes are Used for Inspection of Aircraft Engines, Steam Turbines, Diesel Engines, and Automotive Engines.
                    7.3.2.2 Endoscope
                               7.3.2.2.1 Endoscope is A Cost-Effective and Time-Saving Tools Used to Inspect Hollow Cavities and Components
                    7.3.2.3 Videoscope
                               7.3.2.3.1 Videoscope Provides A High-Quality Image for Detecting Flaws and Streamlining the Process of Inspection.
    7.4 Magnetic Particle Testing (MPT)
           7.4.1 Increasing Demand of Magnetic Particle Testing for Underwater Inspection Application is Expected to Drive the NDT Market and Inspection Market
    7.5 Liquid Penetrant Testing (LPT)
           7.5.1 Increasing Demand for Liquid Penetrant Testing Across A Variety of Materials to Drive the NDT and Inspection Market
    7.6 Eddy-Current Testing (ECT)
           7.6.1 Alternating Current Field Measurement (ACFM)
                    7.6.1.1 ACFM Technique is Used for Welds and Threat Inspections of Magnetic and Non-Magnetic Component
           7.6.2 Remote-Field Testing (Rft)
                    7.6.2.1 Rft Technique Helps in Detection of Defects in the Internal and External Surfaces
           7.6.3 Eddy-Current Array (ECA)
                    7.6.3.1 ECA Technique has Improved Detection Capability for the Detection of Corrosion
    7.7 Radiographic Testing (Rt)
           7.7.1 X-Ray Testing
                    7.7.1.1 X-Ray Testing is Commonly Used for the Detection of Surface and Internal Discontinuities
           7.7.2 Gamma-Ray Testing
                    7.7.2.1 Gamma Rays Testing are Commonly Used to Detect Defects in Materials With Internal Voids
           7.7.3 Computed Radiography
                    7.7.3.1 Growing Adoption of Computed Radiography Due to Multiple Area of Application in NDT Market and Inspection Market
           7.7.4 Film Radiography
                    7.7.4.1 Film Radiography is Deployed for Inspecting Hidden Flaws in Different Types of Materials.
           7.7.5 Direct Radiography (Real-Time)
                    7.7.5.1 Direct Radiography is Used for Crack Detection, Image Processing and 3D Visualization Application
    7.8 Acoustic Emission Testing (AET)
           7.8.1 Increasing Demand for Acoustic Emission Testing From Metal Fabrication Industry to Drive the NDT Market and Inspection Market
    7.9 Others
           7.9.1 Terahertz Imaging
           7.9.2 Near-Infrared Spectroscopy

8 Non-Destructive Testing and Inspection Market, By Method (Page No. - 89)
    8.1 Introduction
    8.2 Visual Inspection
           8.2.1 Visual Inspection is the Most Cost-Effective Method for Surface Inspection
    8.3 Surface Inspection
           8.3.1 Surface Inspection Technique is Deployed to Detect Cracks and Discontinuities on the Surface of the Component.
    8.4 Volumetric Inspection
           8.4.1 Volumetric Inspection Method to Held the Largest Share of the NDT and Inspection Market in 2018
    8.5 Other Methods

9 Non-Destructive Testing and Inspection Market, By Service (Page No. - 93)
    9.1 Introduction
    9.2 Inspection Services
           9.2.1 Ultrasonic Inspection
                    9.2.1.1 Ultrasonic Inspection is Proven Technique to Detect the Internal Defects With High Accuracy.
           9.2.2 Radiographic Inspection
                    9.2.2.1 Radiography Inspection is Widely Applied for the Detection of Both Planar and Volumetric Defects
           9.2.3 Visual Inspection
                    9.2.3.1 Visual Inspection is A Cost-Effective Technique Used for the Inspection of Objects, Parts, Or Components
           9.2.4 Magnetic Particle Inspection
                    9.2.4.1 Magnetic Particle Inspection is Used to Detect Surface and Subsurface Discontinuities in Ferromagnetic Materials.
           9.2.5 Advanced Eddy-Current Inspection
                    9.2.5.1 Advanced Eddy-Current Equipment is Used for Fault Detection and Inspection of Complex Shapes of Conductive Materials
           9.2.6 Liquid Penetrant Inspection
                    9.2.6.1 Liquid Penetrant Inspection Can Detect A Surface Discontinuity in Both Ferromagnetic and Non-Ferromagnetic Materials
    9.3 Equipment Rental Services
           9.3.1 Equipment Rental Services to Grow at the Second-Highest CAGR in the Non-Destructive Testing and Inspection Market During the Forecast Period
    9.4 Calibration Services
           9.4.1 Need for Higher Accuracy and Error Reduction in Testing Equipment to Drive the Demand for Calibration Services
    9.5 Training Services
           9.5.1 Training Services to Grow at the Highest CAGR in the Non-Destructive Testing and Inspection Market During the Forecast Period

10 Non-Destructive Testing and Inspection Market, By Vertical (Page No. - 104)
     10.1 Introduction
     10.2 Manufacturing
             10.2.1 Advanced NDT Techniques for Manufacturing Vertical
                       10.2.1.1 Electromagnetic Acoustic Transducer (EMAT) Technique
                                   10.2.1.1.1 EMAT Technique Increases the Overall Probability of Detection of Flaws and Fracture Along the Metal Surfaces.
     10.3 Oil & Gas
             10.3.1 Refining
                       10.3.1.1 Key Testing Techniques Used in Refineries Include Ultrasonic Testing, Radiography Testing, Visual Inspection, and X-Ray Testing
             10.3.2 Transmission Pipelines
                       10.3.2.1 Increasing Demand for Inspection and Maintenance of Transmission Pipelines to Drive the NDT and Inspection Market
             10.3.3 Subsea Pipelines
                       10.3.3.1 NDT Market and Inspection Techniques are Deployed for Corrosion Mapping Application in Subsea Pipelines
             10.3.4 Storage Tanks
                       10.3.4.1 NDT Techniques Applied for the Detection of Imperfections in Tanks and Corrosion on Surface Testing
             10.3.5 Advanced NDT Market Techniques for Oil & Gas Vertical
                       10.3.5.1 Long-Range Ultrasonic Technique (LRUT)
                                   10.3.5.1.1 Long-Range Ultrasonic Technique is Deployed for the Detection of Corrosion Under Insulation (Cui) in Onshore and Offshore Oil and Gas Pipelines
                       10.3.5.2 Positive Metal Identification Technique
                                   10.3.5.2.1 Positive Metal Identification Technique is Deployed for the Identification of Flow Acceleration Corrosion (Fac).
     10.4 Aerospace
             10.4.1 Aircraft Engine Part Production Would Be Key Application Area for NDT Market Equipment Testing
                       10.4.1.1 Eddy-Current Testing, Ultrasonic Testing, and Visual Inspection are the Major Techniques Used for Testing Aircraft Engine Parts
             10.4.2 Composite Airframe Manufacturing Likely to Be Next Cult of NDT Market Equipment Application
                       10.4.2.1 Increasing Use of Composite Materials in Aerospace Vertical to Drive the NDT Market and Inspection Market
             10.4.3 Aircraft Maintenance
                       10.4.3.1 Ultrasonic Testing, Radiography Testing, Visual Inspection, and Infrared Thermography are Major Techniques Used for Aircraft Maintenance.
             10.4.4 Material Analysis
                       10.4.4.1 Penetrant Testing is the Most Common Technique Used for Material Analysis
             10.4.5 Advanced NDT Market Technique for Aerospace Vertical
                       10.4.5.1 Dynamic Thermography
                                   10.4.5.1.1 Dynamic Thermography Provides Real-Time High-Speed Scanning and Contactless Inspection
                       10.4.5.2 Air-Coupled Ultrasound
                                   10.4.5.2.1 Air Coupled Ultrasound Technique Provides Detection of Defects With High Accuracy and Probability.
                       10.4.5.3 Dynamic Interferometry
                                   10.4.5.3.1 Dynamic Interferometry Provides Cost Effective and Faster Rate of Inspection
     10.5 Public Infrastructure
             10.5.1 Military & Defense
                       10.5.1.1 NDT Market Techniques are Deployed for Components of Helicopters, Aircraft Engine Turbine Blades, Rf Materials, Straps, and Eject Handles.
             10.5.2 Airport Security
                       10.5.2.1 Increasing Demand for NDT Market and Inspection Techniques in Airport Security Due to Rising Passenger Traffic
             10.5.3 Railways
                       10.5.3.1 Railways in APAC to Witness High Demand for NDT Market and Inspection Techniques
             10.5.4 Bridges and Tunnels
                       10.5.4.1 Growing Demand for Maintenance of Aging Bridges and Tunnels to Drive the NDT Market and Inspection Market for Public Infrastructure Vertical
             10.5.5 Border Crossing
                       10.5.5.1 NDT Market Barriers are Used in Border Crossing, Scanning of Trucks and Vehicles
             10.5.6 Nuclear Waste Storage and Decommissioning
                       10.5.6.1 NDT Market Technique are Deployed for Leak Detection Application in A Nuclear Power Plant
             10.5.7 Advanced NDT Market Techniques for Public Infrastructure
                       10.5.7.1 Impact Echo
                                   10.5.7.1.1 Major Advantage of Impact Echo Technique is High Accuracy and Reliability of Inspection
                       10.5.7.2 Ground Penetrating Radar (GPR)
                                   10.5.7.2.1 Ground Penetrating Radar Detects Rebar, Corrosion, and Delamination in the Testing Surface
     10.6 Automotive
             10.6.1 Advanced NDT Market Techniques for Automotive Vertical
                       10.6.1.1 High-Energy Digital Radiography
                                   10.6.1.1.1 Combination of High Energy Source With A Digital Detector Array and Digital Line Array Helps in Improving the Overall Inspection Quality of the Automotive Component
     10.7 Power Generation
             10.7.1 Nuclear Power Plants
                       10.7.1.1 Nuclear Power Plants Expected to Be A Major Contributor to the Growth of the NDT Market and Inspection Market for the Power Generation Vertical
             10.7.2 Wind Turbines
                       10.7.2.1 Growing Demand for Maintenance and Inspection Services in Wind Turbines to Drive the NDT Market and Inspection Market for the Power Generation Vertical
             10.7.3 Solar Power
                       10.7.3.1 Digital Radiography is A Key Technique Used in Solar Power Plants to Detect Defects Accurately and Efficiently
             10.7.4 Fossil Fuel Energy
                       10.7.4.1 Radiography and Ultrasonic Testing are the Major Techniques Used for Fossil Fuel Plant Inspection
             10.7.5 Advanced NDT Technique in Power Generation Vertical
                       10.7.5.1 Galvano Static Pulse Measurement
                                   10.7.5.1.1 Galvano Static Pulse Measurement Technique Provides Real-Time Measurement of Corrosion in Metal Structure
                       10.7.5.2 Ultrasonic Pulse Echo Testing
                                   10.7.5.2.1 Ultrasonic Pulse Echo Testing Detects the Presence of Cracks and Porosity in A Metal Or Steel Structure
     10.8 Others
             10.8.1 Marine
             10.8.2 Medical and Health
             10.8.3 Plastics & Polymers

11 Geographic Analysis (Page No. - 144)
     11.1 Introduction
     11.2 North America
             11.2.1 US
                       11.2.1.1 US to Hold the Largest Share of the NDT and Inspection Market in North America By 2018
             11.2.2 Canada
                       11.2.2.1 Growing Demand for Advanced Material Testing to Drive the NDT Market and Inspection Market in Canada
             11.2.3 Mexico
                       11.2.3.1 NDT Market and Inspection Market in Mexico to Grow at the Highest CAGR During the Forecast Period
     11.3 Europe
             11.3.1 UK
                       11.3.1.1 Growing Mining and Power Generation Sector to Drive the NDT Market and Inspection Market in the UK
             11.3.2 Germany
                       11.3.2.1 Growing Automobile Vertical to Drive the NDT Market and Inspection Market in Germany
             11.3.3 France
                       11.3.3.1 Growing Aerospace Vertical in France to Drive the NDT Market and Inspection Market
             11.3.4 Italy
                       11.3.4.1 Increasing Oil Refining Capability of Italy to Drive the NDT Market and Inspection Market
             11.3.5 Rest of Europe
                       11.3.5.1 Increasing Demand for Leak Detection to Drive the NDT Market and Inspection Market in the Rest of Europe
     11.4 Asia Pacific
             11.4.1 China
                       11.4.1.1 China Accounted for the Largest Share of the NDT Market and Inspection Market in APAC
             11.4.2 Japan
                       11.4.2.1 Growth in the Nuclear Power Generation Vertical in Japan to Drive the NDT Market and Inspection Market
             11.4.3 India
                       11.4.3.1 Growth in the Domestic Manufacturing Industry in India to Encourage the Demand for NDT Equipment and Inspection Services
             11.4.4 Rest of APAC
                       11.4.4.1 Emergence of Material Testing and Complex Electronics Testing to Drive the NDT and Inspection Market in the Rest of APAC
     11.5 Rest of the World
             11.5.1 South America
                       11.5.1.1 Oil & Gas and Power Generation Industries to Drive the Growth of NDT Equipment and Services in South America
             11.5.2 Middle East
                       11.5.2.1 Growing Investment in Infrastructure and Oil & Gas Sectors to Drive the NDT and Inspection Market in the Middle East
             11.5.3 Africa
                       11.5.3.1 Growth in Power Generation Vertical to Drive the NDT and Inspection Market in Africa

12 Competitive Landscape (Page No. - 160)
     12.1 Introduction
     12.2 Ranking Analysis of Market Players, 2017
     12.3 Competitive Leadership Mapping
             12.3.1 Visionary Leaders
             12.3.2 Dynamic Differentiators
             12.3.3 Innovators
             12.3.4 Emerging Companies
     12.4 Strength of Product Portfolio (For All 25 Players)
     12.5 Business Strategy Excellence (For All 25 Players)
     12.6 Competitive Situations and Trends
             12.6.1 Product Launches
             12.6.2 Partnerships and Collaborations
             12.6.3 Expansions
             12.6.4 Contracts and Agreements
             12.6.5 Acquisitions

13 Company Profiles (Page No. - 172)
     13.1 Key Players
(Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis)*
             13.1.1 General Electric
             13.1.2 Mistras Group
             13.1.3 Olympus Corporation
             13.1.4 Ashtead Technology.
             13.1.5 Nikon Metrology
             13.1.6 Magnaflux Corporation
             13.1.7 Zetec Inc.
             13.1.8 Eddyfi
             13.1.9 YXLON International GmbH
             13.1.10 Sonatest Ltd.
     13.2 Others Key Players
             13.2.1 Fischer Technology Inc.
             13.2.2 NDT Global GmbH & Co. Kg
             13.2.3 TD Williamson, Inc.
             13.2.4 Bosello High Technology Srl
             13.2.5 Labquip NDT Limited
             13.2.6 Ipromar Pte Ltd
             13.2.7 Fprimec Solutions Inc.
             13.2.8 LynX Inspection
             13.2.9 Cygnus Instruments Ltd
             13.2.10 Acuren Inspection Inc.

*Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 209)
     14.1 Insights of Industry Experts
     14.2 Discussion Guide
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Available Customizations
     14.5 Related Reports
     14.6 Author Details


List of Tables (85 Tables)

Table 1 Non-Destructive Testing and Inspection Market, By Technique and Service, 2015–2024 (USD Billion)
Table 2 Dimensional Measurement Techniques
Table 3 Evaluation of Dimensional Measurement Technique
Table 4 Different Types of Ultrasonic Transducers Used in Flaw Detection
Table 5 Leak Testing Techniques
Table 6 NDT Techniques for Detecting Structural Damages
Table 7 Other NDT Market Application Areas
Table 8 Non-Destructive Testing and Inspection Market, By Technique and Service, 2015–2024 (USD Billion)
Table 9 Non-Destructive Testing and Inspection Market, By Technique, 2015–2024 (USD Million)
Table 10 Non-Destructive Testing and Inspection Market, By Technique, 2015–2024 (Units)
Table 11 Non-Destructive Testing and Inspection Market for UT Technique, By Vertical, 2015–2024 (USD Million)
Table 12 Non-Destructive Testing and Inspection Market for VT Technique, By Vertical, 2015–2024 (USD Million)
Table 13 Non-Destructive Testing and Inspection Market for MPT Technique, By Vertical, 2015–2024 (USD Million)
Table 14 Comparison of Liquid Penetrant Systems
Table 15 Non-Destructive Testing and Inspection Market for LPT Technique, By Vertical, 2015–2024 (USD Million)
Table 16 Non-Destructive Testing and Inspection Market for ECT Technique, By Vertical, 2015–2024 (USD Million)
Table 17 Non-Destructive Testing and Inspection Market for RT  Technique, By Vertical, 2015–2024 (USD Million)
Table 18 Non-Destructive Testing and Inspection Market for AET Technique, By Vertical, 2015–2024 (USD Million)
Table 19 Application of Terahertz Imaging, By Industry
Table 20 Applications of Near-Infrared Spectroscopy, By Industry
Table 21 Non-Destructive Testing and Inspection Market for Other Techniques, By Vertical, 2015–2024 (USD Million)
Table 22 Non-Destructive Testing and Inspection Market , By Method, 2015–2024 (USD Million)
Table 23 Non-Destructive Testing and Inspection Market, By Service, 2015–2024 (USD Million)
Table 24 Non-Destructive Testing and Inspection Market for Inspection Services, By Vertical, 2015–2024 (USD Million)
Table 25 Non-Destructive Testing and Inspection Market for Equipment Rental Services, By Vertical, 2015–2024 (USD Million)
Table 26 Non-Destructive Testing and Inspection Market for Calibration Services, By Vertical, 2015–2024 (USD Million)
Table 27 Non-Destructive Testing and Inspection Market for Training Services, By Vertical, 2015–2024 (USD Million)
Table 28 Industries With Testing Requirements
Table 29 Non-Destructive Testing and Inspection Market, By Vertical, 2015–2024 (USD Million)
Table 30 Non-Destructive Testing and Inspection Market for Manufacturing Vertical, By Technique and Service, 2015–2024 (USD Million)
Table 31 Non-Destructive Testing and Inspection Market for Manufacturing Vertical, By Region, 2015–2024 (USD Million)
Table 32 Non-Destructive Testing and Inspection Market in North America for Manufacturing Vertical, By Country, 2015–2024 (USD Million)
Table 33 Non-Destructive Testing and Inspection Market in Europe for Manufacturing Vertical, By Country, 2015–2024 (USD Million)
Table 34 Non-Destructive Testing and Inspection Market in APAC for Manufacturing Vertical, 2015–2024 (USD Million)
Table 35 Non-Destructive Testing and Inspection Market in RoW for Manufacturing Vertical, By Region, 2015–2024 (USD Million)
Table 36 Non-Destructive Testing and Inspection Market for Oil & Gas Vertical, By Technique and Service, 2015–2024 (USD Million)
Table 37 Non-Destructive Testing and Inspection Market for Oil & Gas Vertical, By Region, 2015–2024 (USD Million)
Table 38 Non-Destructive Testing and Inspection Market in North America for Oil & Gas Vertical , By Country, 2015–2024 (USD Million)
Table 39 Non-Destructive Testing and Inspection Market in Europe for Oil & Gas Vertical, By Country, 2015–2024 (USD Million)
Table 40 Non-Destructive Testing and Inspection Market in APAC for Oil & Gas Vertical, By Country,2015–2024 (USD Million)
Table 41 Non-Destructive Testing and Inspection Market in RoW for Oil & Gas Vertical, By Region, 2015–2024 (USD Million)
Table 42 NDT Techniques in Aerospace
Table 43 Essential NDT Market Techniques for Aircraft Maintenance
Table 44 Non-Destructive Testing and Inspection Market for Aerospace Vertical, By Technique and Service, 2015–2024 (USD Million)
Table 45 Non-Destructive Testing and Inspection Market for Aerospace Vertical, By Region, 2015–2024 (USD Million)
Table 46 Non-Destructive Testing and Inspection Market in North America for Aerospace Vertical, By Country, 2015–2024 (USD Million)
Table 47 Non-Destructive Testing and Inspection Market in Europe for Aerospace Vertical, By Country, 2015–2024 (USD Million)
Table 48 Non-Destructive Testing and Inspection Market in APAC for Aerospace Vertical, By Country, 2015–2024 (USD Million)
Table 49 Non-Destructive Testing and Inspection Market in RoW for Aerospace Vertical, By Region, 2015–2024 (USD Million)
Table 50 Non-Destructive Testing and Inspection Market for Public Infrastructure Vertical, By Technique and Service, 2015–2024 (USD Million)
Table 51 Non-Destructive Testing and Inspection Market for Public Infrastructure Vertical, By Region, 2015–2024 (USD Million)
Table 52 Non-Destructive Testing and Inspection Market in North America for Public Infrastructure Vertical, By Country, 2015–2024 (USD Million)
Table 53 Non-Destructive Testing and Inspection Market in Europe for Public Infrastructure Vertical, By Country,2015–2024 (USD Million)
Table 54 Non-Destructive Testing and Inspection Market in APAC for Public Infrastructure Vertical, By Country, 2015–2024 (USD Million)
Table 55 Non-Destructive Testing and Inspection Market in RoW for Public Infrastructure Vertical, By Region, 2015–2024 (USD Million)
Table 56 Advantages of Using Different NDT Technologies in Automotive Vertical
Table 57 Non-Destructive Testing and Inspection Market for Automotive Vertical, By Technique and Service, 2015–2024 (USD Million)
Table 58 Non-Destructive Testing and Inspection Market for Automotive Vertical, By Region, 2015–2024 (USD Million)
Table 59 Non-Destructive Testing and Inspection Market in North America for Automotive Vertical, By Country, 2015–2024 (USD Million)
Table 60 Non-Destructive Testing and Inspection Market in Europe for Automotive Vertical, By Country,2015–2024 (USD Million)
Table 61 Non-Destructive Testing and Inspection Market in APAC for Automotive Vertical, By Country, 2015–2024 (USD Million)
Table 62 Non-Destructive Testing and Inspection Market in RoW for Automotive Vertical, By Region , 2015–2024 (USD Million)
Table 63 Applications of NDT Market Techniques in Nuclear Power Plants
Table 64 Non-Destructive Testing and Inspection Market for Power Generation Vertical, By Technique and Service, 2015–2024 (USD Million)
Table 65 Non-Destructive Testing and Inspection Market for Power Generation Vertical, By Region, 2015–2024 (USD Million)
Table 66 Non-Destructive Testing and Inspection Market in North America for Power Generation Vertical, By Country, 2015–2024 (USD Million)
Table 67 Non-Destructive Testing and Inspection Market in Europe for Power Generation Vertical, By Country, 2015–2024 (USD Million)
Table 68 Non-Destructive Testing and Inspection Market in APAC for Power Generation Vertical, By Country, 2015–2024 (USD Million)
Table 69 Non-Destructive Testing and Inspection Market in RoW for Power Generation Vertical, By Region , 2015–2024 (USD Million)
Table 70 Non-Destructive Testing and Inspection Market for Other Verticals, By Technique and Service, 2015–2024 (USD Million)
Table 71 Non-Destructive Testing and Inspection Market for Other Verticals, By Region, 2015–2024 (USD Million)
Table 72 Non-Destructive Testing and Inspection Market in North America for Other Verticals, By Country, 2015–2024 (USD Million)
Table 73 Non-Destructive Testing and Inspection Market in Europe for Other Verticals, By Country, 2015–2024 (USD Million)
Table 74 Non-Destructive Testing and Inspection Market in APAC for Other Verticals, By Country, 2015–2024 (USD Million)
Table 75 Non-Destructive Testing and Inspection in RoW Market for Other Verticals, By Region, 2015–2024 (USD Million)
Table 76 Non-Destructive Testing and Inspection Market, By Region, 2015–2024 (USD Million)
Table 77 Non-Destructive Testing and Inspection Market in North America, By Country, 2015–2024 (USD Million
Table 78 Non-Destructive Testing and Inspection Market in Europe, By Country, 2015–2024 (USD Million)
Table 79 Non-Destructive Testing and Inspection Market in APAC, By Country, 2015–2024 (USD Million)
Table 80 Non-Destructive Testing Market in RoW, By Region, 2015–2024 (USD Million)
Table 81 Product Launches, 2015–2017
Table 82 Partnerships and Collaborations, 2015–2017
Table 83 Expansions, 2015
Table 84 Contracts and Agreements, 2015–2016
Table 85 Acquisitions, 2016–2017
 
 
List of Figures (47 Figures)
 
Figure 1 NDT and Inspection Market: Process Flow of Market Size Estimation
Figure 2 Research Design: NDT Market and Inspection Market
Figure 3 Market Size Estimation Meth0dology: Bottom-Up Approach
Figure 4 Market Size Estimation Meth0dology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Assumptions of Research Study
Figure 7 NDT Services Expected to Hold Larger Market Share By 2024
Figure 8 NDT Market Snapshot (2018 Vs. 2024): Ultrasonic Testing to Hold Largest Market Size By 2024
Figure 9 Manufacturing Vertical to Exhibit Highest CAGR in Non-Destructive Testing and Inspection Market, 2018–2024
Figure 10 Inspection Services to Account for Largest Market Size By 2024
Figure 11 North America Accounted for Largest Share of Non-Destructive Testing and Inspection Market in 2017
Figure 12 Significant Growth Opportunities for Non-Destructive Testing and Inspection Market From 2018 to 2024
Figure 13 Inspection Services to Account for Largest Size of Non-Destructive Testing and Inspection Market During Forecast Period
Figure 14 China and Power Generation Vertical Held Largest Share of Non-Destructive Testing and Inspection Market in APAC, Based on Country and Vertical, Respectively, in 2017
Figure 15 US to Account for Largest Share of Non-Destructive Testing and Inspection Market in 2018
Figure 16 Ultrasound Testing (UT) to Be Most Preferred NDT Technique During Forecast Period
Figure 17 Non-Destructive Testing Methods: Evolution
Figure 18 Stringent Government Regulations Regarding Public Safety and Product Quality to Drive NDT and Inspection Market During Forecast Period
Figure 19 Major Applications of NDT
Figure 20 Value Chain: NDT and Inspection Market
Figure 21 Cost Comparison of Downstream Industries
Figure 22 NDT Services Expected to Hold Larger Market Share By 2024
Figure 23 UT Technique to Account for Largest Size of Non-Destructive Testing and Inspection Market By 2024
Figure 24 Oil & Gas Vertical to Hold Largest Size of Non-Destructive Testing and Inspection Market for UT Technique, By 2014
Figure 25 Manufacturing Vertical Expected to Hold the Largest Market Size During the Forecast Period
Figure 26 Market for Oil & Gas Vertical to Hold Largest Share During Forecast Period
Figure 27 Volumetric Inspection Method Expected to Dominate NDT and Inspection Market From 2018 to 2024
Figure 28 Inspection Services to Account for Largest Size of Non-Destructive Testing and Inspection Market, Based on Services, By 2024
Figure 29 Power Generation Vertical Expected to Account for Largest Size of Equipment Rental Services Market By 2024
Figure 30 Power Generation Vertical to Account for Largest Size of Training Services Market By 2024
Figure 31 Oil & Gas Vertical Expected to Hold Largest Size of NDT and Inspection Market in 2018
Figure 32 APAC to Account for Largest Size of NDT and Inspection Market for Manufacturing Vertical in 2018
Figure 33 Middle East to Hold Largest Size of NDT and Inspection Market for Oil & Gas Vertical in 2018
Figure 34 North America Expected to Hold Largest Size of Non-Destructive Testing and Inspection Market for Public Infrastructure Vertical During Forecast Period
Figure 35 China to Lead Non-Destructive Testing and Inspection Market for Power Generation Vertical During Forecast Period
Figure 36 India to Be Fastest-Growing Country in Non-Destructive Testing and Inspection Market During 2018–2024
Figure 37 Non-Destructive Testing and Inspection Market Snapshot in North America
Figure 38 Non-Destructive Testing and Inspection Market Snapshot in Europe
Figure 39 Non-Destructive Testing and Inspection Market Snapshot in APAC
Figure 40 Non-Destructive Testing Market Snapshot in RoW, 2017
Figure 41 Leading Companies in Non-Destructive Testing and Inspection Market Mostly Adopted Organic Growth Strategies During 2015–2017
Figure 42 NDT and Inspection Market Player Ranking, 2017
Figure 43 Non-Destructive Testing and Inspection Market (Global) Competitive Leadership Mapping, 2017
Figure 44 Market Players Adopted Product Launches as Key Business Strategy During 2015–2017
Figure 45 General Electric: Company Snapshot
Figure 46 Mistras Group: Company Snapshot
Figure 47 Olympus Corporation: Company Snapshot

The study involved 4 major activities in estimating the current size of the NDT and inspection market. Exhaustive secondary research has been done to collect information about the market, the peer market, and the parent market. Validating findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the complete market size. After that, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources have been referred to for identifying and collecting information important for this study. Secondary sources include corporate filings (such as annual reports, press releases, investor presentations, and financial statements); trade, business, and professional associations such as the America Society for Nondestructive Testing (ASNT) and British Institute of Non-Destructive Testing (BINDT); white papers, location-based marketing-related journals, certified publications, and articles from recognized authors; directories; and databases. The secondary research has been used to obtain key information about the industry’s supply chain, the market’s monetary chain, the total pool of key players; market segmentation according to industry trends to the bottommost level, geographic markets, and key developments from both market- and technology-oriented perspectives. The secondary data has been collected and analyzed to arrive at the overall market size, which has been further validated through primary research.

Primary Research

In the primary research process, various primary sources from both supply and demand sides have been interviewed to obtain qualitative and quantitative information for this report. Primary sources from the supply side include experts such as CEOs, vice presidents, marketing directors, technology and innovation directors, subject matter experts (SMEs), consultants and related key executives from major companies and organizations operating in the display market. Several primary interviews have been conducted with experts from both demand and supply sides across 4 major regions: North America, Europe, APAC, and RoW (Middle East, South America, and Africa). Approximately 25% of the primary interviews have been conducted with the demand side and 75% with the supply side. This primary data has been collected through questionnaires, e-mails, and telephonic interviews. Following is the breakdown of primary respondents.

Non-Destructive Testing Services Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

In the complete market engineering process, both top-down and bottom-up approaches have been used, along with several data triangulation methods to perform market estimation and forecasting for the overall market segments and subsegments listed in this report. Extensive qualitative and quantitative analyses have been performed on the complete market engineering process to list key information/insights. The research methodology used to estimate the market size includes the following:

  • Key players in major applications and markets have been identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size from the market size estimation process explained above, the total market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, the market breakdown and data triangulation procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both demand-and supply-side. Along with this, the market has been validated using both top-down and bottom-up approaches.

Report Objectives

  • To describe and forecast the non-destructive testing (NDT) and inspection market by technique (in terms of value and volume) and by method, service, vertical, and geography (in terms of value)
  • To provide detailed information regarding the drivers, restraints, opportunities, and challenges pertaining to the NDT and inspection market
  • To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the total market
  • To analyze opportunities in the market for stakeholders by identifying high-growth segments in the NDT and inspection market
  • To strategically profile key players and comprehensively analyze their market ranking in terms of revenue and core competencies2
  • To provide a detailed overview of the NDT and inspection value chain
  • To analyze strategic developments such as joint ventures, agreements, mergers and acquisitions, product launches and developments, partnerships, and collaborations in the NDT and inspection market

Scope of the Report:

Report Metric

Details

Market size available for years

2015–2024

Base year

2017

Forecast period

2018–2024

Units

Value (USD) and Volume (Units)

Segments covered

Techniques, Methods, Services, Verticals, and Regions

Geographic regions covered

North America, APAC, Europe, and RoW

Companies covered

General Electric (US), Olympus Corporation (Japan), MISTRAS Group (US), Nikon Metrology (Belgium), and Ashtead Technology (Scotland), YXLON International (Germany), Sonatest (UK), Zetec, Inc. (US), T.D. Williamson Inc. (US), Bosello High Technology srl (Italy), Eddyfi (Canada), and Magnaflux (US), Fischer Technology Inc. (US), Cygnus Instruments Ltd. (UK), NDT Global GmbH (Germany), Acuren (US), and LynX Inspection (Canada)
 

This report categorizes the non-destructive testing and inspection market based on techniques, methods, services, verticals, and regions.

Non-Destructive Testing and Inspection Market, by Technique:

  • Visual Testing
  • Magnetic Particle Testing
  • Liquid Penetrant Testing
  • Eddy-Current Testing
  • Ultrasonic Testing
  • Radiographic Testing
  • Acoustic Emission Testing
  • Other Techniques

Non-Destructive Testing and Inspection Market, by Method:

  • Visual Inspection
  • Surface Inspection
  • Volumetric Inspection
  • Other Methods

Non-Destructive Testing and Inspection Market, by Service:

  • Inspection Services
  • Equipment Rental Services
  • Training Services
  • Calibration Services

Non-Destructive Testing and Inspection Market, by Vertical:

  • Manufacturing
  • Oil & Gas
  • Aerospace
  • Public Infrastructure
  • Automotive
  • Power Generation
  • Others

Non-Destructive Testing and Inspection Market, by Region:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • RoW
    • South America
    • Middle East
    • Africa

Available customizations:

 With the given market data, MarketsandMarkets offers customizations based on the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Product matrix that gives a detailed comparison of the product portfolio of each company

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)
Report Code
SE 2860
Published ON
Mar, 2019
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Marie Steelle

Senior Research analyst- MarketsandMarkets

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