Oil and Gas NDT and Inspection Market worth $6.20 billion by 2030
The report "Oil and Gas NDT and Inspection Market by Technique (Ultrasonic Testing, Visual, Magnetic Particle, Liquid Penetrant, Eddy-Current, Radiographic, Acoustic Emission), Inspection Services, Equipment Rental, and Calibration – Forecast to 2030", The oil and gas industry is rapidly adopting advanced NDT technologies to enhance the precision, speed, and reliability of inspections. Techniques such as phased-array ultrasonics, digital radiography, and automated ultrasonic testing provide deeper defect detection and more consistent results than manual methods. AI/ML and IoT-enabled systems enable automated defect recognition, real-time analytics, and predictive maintenance insights. Robotics, crawlers, and drones support inspections in hazardous, offshore, and hard-to-access environments, improving worker safety and reducing the need for shutdowns. Permanent monitoring sensors and digital twins further enhance continuous asset health visibility. These innovations collectively reduce operational risk, cut costs, and ensure higher compliance and asset integrity across oil & gas operations.
Browse 160 market data Tables and 65 Figures spread through 280 Pages and in-depth TOC on "Oil and Gas NDT and Inspection Market by Technique (Ultrasonic Testing, Visual, Magnetic Particle, Liquid Penetrant, Eddy-Current, Radiographic, Acoustic Emission), Inspection Services, Equipment Rental, and Calibration – Forecast to 2030"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/oil-gas-ndt-inspection-market-227956296.html
“Transmission pipelines hold the largest market share in 2024.”
Transmission pipelines hold the largest market share in the 2024 oil & gas NDT and inspection market due to their vast global network and critical role in transporting hydrocarbons over long distances. These pipelines operate under high pressure, making integrity management a top priority for regulators and operators. Aging infrastructure, particularly in North America, Europe, and the Middle East, necessitates regular inspections to prevent leaks and failures. Mandatory in-line inspections, corrosion monitoring, weld evaluation, and defect detection drive continuous demand for NDT. Operators are increasingly utilizing advanced tools, such as MFL, ultrasonic ILI, drones, and digital analytics, to enhance reliability.
“The ultrasonic testing segment holds the largest market share in 2024 in the oil and gas NDT and inspection market.”
The ultrasonic testing (UT) segment holds the largest market share in the 2024 oil & gas NDT and inspection market due to its wide applicability across pipelines, tanks, pressure vessels, welds, and critical infrastructure. UT is preferred for detecting corrosion, wall thinning, cracking, and internal flaws with high precision and reliability. The technique supports both manual and automated inspection, including phased-array UT and in-line ultrasonic tools used extensively in transmission pipeline integrity programs. Its ability to inspect thick materials, deliver real-time results, and operate without radiation hazards makes it a top choice among operators. Growing use of advanced UT, such as PAUT, TOFD, and AUT, further expands its adoption. Overall, the versatility, accuracy, and safety advantages of ultrasonic testing reinforce its dominance in the 2024 market.
“Asia Pacific is projected to grow at the highest CAGR during the forecast period from 2025 to 2030.”
The Asia Pacific is projected to grow at the highest CAGR in the oil & gas NDT and inspection market from 2025 to 2030, driven by the rapid expansion of energy infrastructure and pipeline networks in countries such as China, India, Indonesia, and Australia. Increasing exploration, refinery construction, and petrochemical projects are boosting demand for NDT services. The presence of aging assets such as pipelines, offshore platforms, and storage facilities further increases inspection needs. Stringent government regulations on safety, environmental compliance, and leak prevention are also supporting market growth. Adoption of advanced technologies such as phased-array UT, robotics, drones, and AI-enabled analytics enhances inspection efficiency and reduces downtime. These combined factors make Asia Pacific the fastest-growing regional market during the forecast period.
Key Players
The report profiles key players such as SGS SA (Switzerland), Bureau Veritas (France), Baker Hughes Company (US), Applus+ (Spain), Intertek Group plc (UK), MISTRAS Group (US), Ashtead Technology (Scotland), TÜV Rheinland (Germany), DEKRA (Germany), Comet Group (Switzerland), Cygnus Instruments Ltd. (UK), Element Materials Technology (UK), Helmut Fischer GmbH (Germany), Nikon Metrology NV (Belgium), and Sonatest (UK).
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.
Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.
The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .
Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Oil and gas NDT and Inspection Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
