Global Non-Destructive Testing (NDT) Market

Non-Destructive Testing (NDT) Market Size, Share, Growth Analysis, By Technique(Ultrasonic Testing, Visual Inspection Testing), By Method(Visual Inspection, Surface Inspection), By Service(Ultrasonic Inspection, Equipment Rental Services), By Vertical(Manufacturing, Oil & Gas) - Industry Forecast 2024-2031


Report ID: SQMIG20B2009 | Region: Global | Published Date: February, 2024
Pages: 245 | Tables: 127 | Figures: 75

Non-Destructive Testing (NDT) Market Insights

Non-Destructive Testing (NDT) Market size was valued at USD 18.3 billion in 2019 and is poised to grow from USD 19.09 billion in 2023 to USD 34.2 billion by 2031, growing at a CAGR of 7.9% in the forecast period (2024-2031).

Non-destructive testing (NDT) is a testing and analytical technique used by industry specialists to assess a material's, component's, structure's, or system's attributes for distinctive differences or welding faults and discontinuities without harming the original part. Non-destructive testing (NDT) is sometimes referred to as non-destructive examination (NDE), non-destructive inspection (NDI), and non-destructive assessment (NDE).

Due to defect identification at complicated locations and uneven surfaces, non-destructive testing procedures allows the projects to complete in less time. The main factors driving the increased use of ultrasonic test technique also include the effectiveness of defect detection and the simplicity of operation of ultrasonic equipment in comparison to other NDT equipment. Additionally, due to this test method's simplicity, improvements in ultrasonic technology are likely to be witnessed.

With the intention of accelerating workflows, integrating AI algorithms with the backend of ultrasound systems started a few years ago. For a 3-D cardiac valve evaluation, Siemens' eSie flow valve analysis program includes valve components. With the use of artificial intelligence (AI), Philips' Epiq system can automatically recognize, segment, and color-code the anatomy in the scanning field. Additionally, it can extract the ideal scanning slice view from 3-D datasets for a variety of tests, enhancing repeatability independent of the sonographers' degree of expertise. The anatomical intelligence for breast imaging provided by the Philips Epiq and Affiniti ultrasound systems on display at RSNA 2018 improves repeatability and streamlines the workflow.

US Non-Destructive Testing (NDT) Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2024-2031

Global Market Size

USD 18.3 billion

Largest Segment

Ultrasonic Inspection

Fastest Growth

Ultrasonic Inspection

Growth Rate

7.9% CAGR

Global Non-Destructive Testing (NDT) Market ($ Bn)
Country Share for North America Region (%)
Global Non-Destructive Testing (NDT) Market By Service ($ Bn)
Global Non-Destructive Testing (NDT) Market By Service (%)

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Non-Destructive Testing (NDT) Market Segmental Analysis

Non-Destructive Testing (NDT) Market is segmented based on the technique, method, service, vertical, and region. Based on the technique, the market is segmented as ultrasonic testing, visual inspection testing, magnetic particle testing, liquid penetrant testing, eddy-current testing, radiographic testing, and acoustic emission testing. 

Based on the method the market is segmented into visual inspection, surface inspection, volumetric inspection, and others. Based on service, the market is segmented into ultrasonic inspection, equipment rental services, calibration services, and training services. Based on vertical, the market is segmented into manufacturing, oil & gas, aerospace, public infrastructure, automotive, power generation, and others.

Based on region, Non-Destructive Testing (NDT) Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.

Non-Destructive Testing (NDT) Market Analysis by Technique

In 2022, the global industry was dominated by the ultrasonic testing category. Growing use of UT methods for composites and pipeline corrosion, mapping applications, weld inspection, and general pipe screening coverage. For example, North Western Medicine has recently started a trial to see if certified medical assistants (CMAs) with no prior scanning expertise can provide high-quality echocardiograms utilizing Bay Labs' AI-based EchoGPS cardiac ultrasound guiding software.

Due to its expanding application in computed radiography, gamma testing, and X-ray testing, the radiographic testing market is expected to grow at a faster CAGR by 2030. Automobile engineering, diesel-powered marine engines, and aviation engines are all subject to visual scrutiny. It is projected that the market for visual inspection would be driven by the expanding transportation industry. Plain Radiography (X-rays) was the most frequent diagnostic imaging procedure (1.6 million), followed by Diagnostic Ultrasonography (Ultrasound, 0.72 million), Computerized Axial Tomography (CT scan, 0.49 million), and Magnetic Resonance Imaging (MRI) (MRI, 0.29 million).

The main use of liquid penetrant testing is to examine surface-breaking flaws in non-porous materials. It is projected that high demand for volumetric NDT techniques would propel the segmented market's expansion. Most NDT inspections of the metal fabrication sector employ acoustic emission testing. Acoustic emission (AE) testing's widespread use is expected to fuel the global market expansion.

Non-Destructive Testing (NDT) Market Analysis by Method

The volumetric inspection market share will be dominant throughout the forecast period. This dominance is a result of the growing use of radiography and ultrasonic inspections to check the volumetric integrity of important welding components and structures in the rail, automotive, and public infrastructure sectors. For example, to address the imaging of the fetal heart and brain, new imaging was created and unveiled at RSNA 2018. Because of their small size and extremely rapid heart rhythms, fetal cardiac evaluations must be performed with great care. The structure itself is also incredibly complicated, making it a shifting target because the infant is always moving. 

Imaging techniques are crucial because congenital cardiac abnormalities afflict one in every 110 newborns worldwide. Fetal ultrasound heart and vascular analysis software from GE Healthcare. In less than three minutes, the Voluson E10's fetalHQ heart and vascular analysis software from GE Healthcare help determine the fetal heart's form, size, and contractibility.

Non-Destructive Testing (NDT) Market Analysis by Service

Ultrasonic inspection segment is expected to witness the fastest CAGR between 2023 and 2030. Its growing application in the automotive and aerospace sectors is to blame for the rise. High-precision ultrasonic inspection is used to check for interior component flaws. For example, defects such as geometrical flaws, such as material thickness, welding faults, bonding faults, delamination, wrinkles, porosity, dry patches, foreign objects, fractures, or corrosion can be found using aerospace non-destructive testing.

The error reduction in testing equipment and the inspection and monitoring of complicated forms are improved by equipment rental, calibration, and training services. The market for equipment rental services, calibration services, and training services is anticipated to develop as a result of the increasing demand for these services.

Non-Destructive Testing (NDT) Market Analysis by Vertical

By 2030, the public infrastructure sector is anticipated to have a commanding worldwide market share. This technology in used for bridges, tunnels, decommissioning, and nuclear waste storage is responsible for the segment's expansion. For example, aerospace firms including The Boeing Company, Airbus, GE Aviation, and Rolls-Royce have developed industry standards for a supplier to meet in order to obtain and maintain NADCAP approval. 

Due to the continued technological developments and significant price reductions, digital radiography is poised to replace the traditional radiography Barron Industries took initiatives in July 2020 to ensure that its precision investment castings met the exacting standards of the aerospace sector. The US-based firm now holds NADCAP Accreditation for Digital Radiography, a Non-Destructive Testing (NDT) procedure for components made of aluminum, steel, and stainless steel.

Over the period 2023-2030, the manufacturing sector is expected to develop at the greatest CAGR. The increase in industrial uses of electromagnetic acoustic transducer (EMAT) technology is credited with the segment's expansion. Additionally, it is projected that the category would rise as a result of industrial businesses' increasing investment in sophisticated inspection tools. NDT techniques, including radiographic testing, visual inspection, x-ray testing, and ultrasonic testing, are utilized in oil and gas sector refineries. 

Global Non-Destructive Testing (NDT) Market By Service, 2019 (%)

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Non-Destructive Testing (NDT) Market Regional Insights

In 2022, the non-destructive testing market share in North America reached at USD 2.68 billion. The U.S., Canada, and Mexico's increasing need for sophisticated material testing is the major reason for region’s dominance.  The market in the US is driven by the existence of well-known industry players like Fischer Technology Inc., Acuren Inspection Inc., and Magnaflux Corporation.

For example, Cambridge Materials Testing Limited has been bought by Acuren, the market leader in non-destructive testing (NDT), inspection, engineering, and rope access integrated services. In addition, the Cambridge client’s access to a wider variety of services, including non-destructive testing and field engineering services, the purchase broadens and deepens Acuren's lab testing capabilities, notably in the aerospace, nuclear, medical, and consumer end sectors. For more than 35 years, Cambridge has been a top supplier of materials testing services in Ontario. Through its facilities in Cambridge and Mississauga, Cambridge provides mechanical testing, chemical analysis, metallurgical and failure analysis, as well as consumer and medical product testing, to clients all over the world. All Cambridge workers will remain on staff at Acuren.

Due to France's growing aerospace sector and Germany's growing automotive sector, the market in Europe is expected to increase significantly. During the projection period, market participants like Ashtead Technology, Bosello High Technology s.r.l., Labquip NDT Limited, Sonatest Ltd., and YXLON International GmbH are expected to drive regional market growth. For example, the Italian provider of industrial X-ray system solutions, announced by ZEISS and BOSELLO HIGH TECHNOLOGY (BOSELLO), has officially joined the ZEISS Group and will do business as Carl Zeiss X-ray Technologies Srl. In order to better serve clients that need 2D radioscopy and freshly created inline tomography solutions for the manufacturing environment, ZEISS bought a controlling investment in BOSELLO in 2018. ZEISS made a substantial advancement toward its objective of being an integrated solution provider in non-destructive measuring and testing technology for business and research with the help of BOSELLO's customer-specific solutions. As anticipated, ZEISS has now bought all outstanding shares, bringing BOSELLO fully within the umbrella of the ZEISS family of businesses.

Global Non-Destructive Testing (NDT) Market By Region, 2024-2031
  • Largest
  • Fastest

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Non-Destructive Testing (NDT) Market Dynamics

Non-Destructive Testing (NDT) Market Driver

Growing need for industry standards in aviation sector to fuel the market growth

  • The construction, material, and strength criteria are necessary for the aircrafts. Non-Destructive Evaluation (NDE), Non-Destructive Inspection (NDI), and Non-Destructive Examination are further names for the method (NDE). A number of problems, including tragic accidents and the loss of life, might result from surface, strength, and fracture failure. For example, from 1,301 incidents involving civilian aircraft registered in the United States in 2019 to 1,139 accidents in 2020. Between 2019 and 2020, there were 349 fewer fatalities in civil aviation than there were in 2019. Of the 349 fatalities in 2020, all but one occurred aboard. These fatalities didn't involve any commercial airlines.
  • In order to increase operational effectiveness and dependability, improvised NDT technologies can make it easier to examine pipelines, valves, welds, pressure, and storage tanks throughout the whole production cycle. Due to the improvements in hardware, probes, and software, these improvised NDT techniques inspect precisely and fast. For instance, Novosound introduced its new line of sophisticated NDT products in October 2020, including the Kelpie, Belenus, and Nebula models. These items are made to make NDT inspections easier and more effective, hence minimizing downtime in the energy, oil & gas, aerospace, and renewables industries.

Non-Destructive Testing (NDT) Market Restraint

Technical complexities to limit the market demand

  • Numerous commercial, residential, and industrial applications employ non-destructive testing (NDT). The range of end-use sectors throughout the globe is anticipated to fuel demand in the near future as a result of the great evaluation output. Numerous consumers worldwide have complained about the limits of the testing and analyzing process.
  • Only extremely expensive cutting-edge instruments can be used for NDT. For the maximum level of precision, the analytical operation to discover cracks, defects, leaks, and troubleshooting requires specialized gear and instruments. Thus, it is projected that a lack of certified and competent workers to run testing machines will impede market expansion.

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Non-Destructive Testing (NDT) Market Competitive Landscape

The global non-destructive testing market is relatively fragmented, with a high level of competition. The prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D to supply industries with the most efficient and cost-effective solutions.

Top Players in the Global Non-Destructive Testing Market

  • Fujifilm Holdings Corporation
  • Mistras Group, Inc.
  • Zetec Inc.
  • Ashtead Technology Ltd.
  • Nikon Corporation
  • Eddyfi Technologies Inc.
  • Sonatest Ltd.
  • Magnetic Analysis Corporation
  • Yxlon International GmbH
  • Comet Group
  • Fischer Technology Inc.
  • T.D. Williamson, Inc.
  • ZK Inspection Group Co., Ltd.
  • Bureau Veritas S.A.
  • Intertek Group plc
  • MFE Enterprises, Inc.
  • Acuren Inspection, Inc.
  • NDT Global GmbH & Co. KG

Non-Destructive Testing (NDT) Market Recent Developments

  • In March 2022, an exclusive rental contract took place between Ashtead Technology and OceanTools, an Aberdeen-based subsea engineering firm that specializes in the design and production of undersea technology. According to the terms of the agreement, Ashtead Technology will be the sole rental partner for OceanTools' DyeTectorTM systems, including the most recent D10 DyeTector®, an advanced subsea leak, dye, and cement detector created with three sets of optical components to detect the three main underwater dyes — rhodamine, ultraviolet, and fluorescein — using a single, small device.
  • In March 2022, with a substantial investment in iXblue subsea positioning devices, Ashtead Technology bolstered its rental fleet. Included in the investment are iXblue's Gaps M5 USBL acoustic locating devices, which are currently rented out at all nine of the company's global technology and service centers. A medium frequency ultra-short baseline (USBL) system called Gaps M5 is the newest addition to iXblue's USBL product line. It is used for the precise positioning and monitoring of subsea assets. Gaps M5, a more portable variation of Gaps, the lightest high-performance USBL system on the market, is unrestricted for export. It is especially well .

Non-Destructive Testing (NDT) Key Market Trends

  • Non-destructive testing (NDT) techniques employ sophisticated tools and gear for superior defect detection. The need for NDT is fueled by the development of wireless sensors, the Internet of Things (IoT), and technical advancements in sensors since the findings of the testing are so exceptionally accurate. The different ultrasonic testing tomography of rebar offers the highest level of precision. The optical positioning equipment and software algorithm assisted by artificial intelligence are well-equipped for testing. The analytical algorithm enables accurate probe location during the measurement process to be identified.
  • The Middle East and North America are projected to use NDT techniques on more oil and gas projects in order to finish them on schedule and expertly, which will increase demand for NDT equipment in these areas. Additionally, the development of radiographic testing tools like industrial CT scanners, which accurately identify flaws in machinery and components, has been facilitated by advances in non-destructive testing technology. The complexity and difficulty of using the radiographic testing method, however, are heightened by the high cost of the non-destructive testing tools and the technical skills needed to conduct the tests.

Non-Destructive Testing (NDT) Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.

According to our global non-destructive testing market analysis, in terms of technique, the global non-destructive testing market was dominated by the ultrasonic testing segment. The dominance is a result of the growing use of UT methods for composites and pipeline corrosion, mapping applications, weld inspection, and general pipe screening coverage. In terms of verticality, the public infrastructure sector held the largest segment in the non-destructive testing market. The use of this technology in bridges, tunnels, decommissioning, and nuclear waste storage is responsible for the segment's expansion. And by region, the North American region held the largest share in the non-destructive testing market due to the U.S., Canada, and Mexico's increasing need for sophisticated material testing is the reason the region is dominating. The market in the US is driven by the existence of well-known industry players.

Report Metric Details
Market size value in 2019 USD 18.3 billion
Market size value in 2031 USD 34.2 billion
Growth Rate 7.9%
Base year 2023
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Technique
    • Ultrasonic Testing, Visual Inspection Testing, Magnetic Particle Testing, Liquid Penetrant Testing, Eddy-Current Testing, Radiographic Testing, Acoustic Emission Testing
  • Method
    • Visual Inspection, Surface Inspection, Volumetric Inspection, Others
  • Service
    • Ultrasonic Inspection, Equipment Rental Services, Calibration Services, Training Services
  • Vertical
    • Manufacturing, Oil & Gas, Aerospace, Public Infrastructure, Automotive, Power Generation, Others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Fujifilm Holdings Corporation
  • Mistras Group, Inc.
  • Zetec Inc.
  • Ashtead Technology Ltd.
  • Nikon Corporation
  • Eddyfi Technologies Inc.
  • Sonatest Ltd.
  • Magnetic Analysis Corporation
  • Yxlon International GmbH
  • Comet Group
  • Fischer Technology Inc.
  • T.D. Williamson, Inc.
  • ZK Inspection Group Co., Ltd.
  • Bureau Veritas S.A.
  • Intertek Group plc
  • MFE Enterprises, Inc.
  • Acuren Inspection, Inc.
  • NDT Global GmbH & Co. KG
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Non-Destructive Testing (NDT) Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Non-Destructive Testing (NDT) Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Non-Destructive Testing (NDT) Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Non-Destructive Testing (NDT) Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Non-Destructive Testing (NDT) Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

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Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

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FAQs

Non-Destructive Testing (NDT) Market size was valued at USD 18.3 billion in 2019 and is poised to grow from USD 19.09 billion in 2023 to USD 34.2 billion by 2031, growing at a CAGR of 7.9% in the forecast period (2024-2031).

Top Players in the Global Non-Destructive Testing Market 'Fujifilm Holdings Corporation', 'Mistras Group, Inc.', 'Zetec Inc.', 'Ashtead Technology Ltd.', 'Nikon Corporation', 'Eddyfi Technologies Inc.', 'Sonatest Ltd.', 'Magnetic Analysis Corporation', 'Yxlon International GmbH', 'Comet Group', 'Fischer Technology Inc.', 'T.D. Williamson, Inc.', 'ZK Inspection Group Co., Ltd.', 'Bureau Veritas S.A.', 'Intertek Group plc', 'MFE Enterprises, Inc.', 'Acuren Inspection, Inc.', 'NDT Global GmbH & Co. KG'

The construction, material, and strength criteria are necessary for the aircrafts. Non-Destructive Evaluation (NDE), Non-Destructive Inspection (NDI), and Non-Destructive Examination are further names for the method (NDE). A number of problems, including tragic accidents and the loss of life, might result from surface, strength, and fracture failure. For example, from 1,301 incidents involving civilian aircraft registered in the United States in 2019 to 1,139 accidents in 2020. Between 2019 and 2020, there were 349 fewer fatalities in civil aviation than there were in 2019. Of the 349 fatalities in 2020, all but one occurred aboard. These fatalities didn't involve any commercial airlines.

Non-destructive testing (NDT) techniques employ sophisticated tools and gear for superior defect detection. The need for NDT is fueled by the development of wireless sensors, the Internet of Things (IoT), and technical advancements in sensors since the findings of the testing are so exceptionally accurate. The different ultrasonic testing tomography of rebar offers the highest level of precision. The optical positioning equipment and software algorithm assisted by artificial intelligence are well-equipped for testing. The analytical algorithm enables accurate probe location during the measurement process to be identified.

In 2022, the non-destructive testing market share in North America reached at USD 2.68 billion. The U.S., Canada, and Mexico's increasing need for sophisticated material testing is the major reason for region’s dominance.  The market in the US is driven by the existence of well-known industry players like Fischer Technology Inc., Acuren Inspection Inc., and Magnaflux Corporation.

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