Global Non-Destructive Testing and Inspection Market is estimated to be USD 8.3 billion in 2021 and is predicted to reach USD 12.84 billion by 2030, growing at a CAGR of 7.1% during the forecast period (2022-2030)
The report "Non-Destructive Testing and Inspection Market by Technique (Ultrasonic Testing, Visual Testing, Magnetic Particle Testing, Liquid Penetrant Testing, Eddy-Current Testing, Radiographic Testing, Acoustic Emission Testing, Others), by Method (Visual Inspection, Surface Inspection, Volumetric Inspection, Others), by Services (Inspection Services, Training Services, Equipment Rental Services, Calibration Services), by Vertical (Manufacturing, Oil & Gas, Aerospace, Public Infrastructure, Automotive, Power Generation, Others) - Global Forecast to 2030", market is estimated to be USD 8.3 billion in 2021 and is predicted to reach USD 12.84 billion by 2030, growing at a CAGR of 7.1% during the forecast period. Some of the major factors responsible for the growth of non-destructive testing and inspection across the globe are the increasing adoption of IoT devices, the growing need to assess aging assets' health, stringent government regulations regarding public safety and product quality, and continuous advances in electronics, automation, and robotics.
Browse 63 market data Tables and 40 Figures spread through 167 Pages and in-depth TOC on "Non-Destructive Testing and Inspection Market by Technique (Ultrasonic Testing, Visual Testing, Magnetic Particle Testing, Liquid Penetrant Testing, Eddy-Current Testing, Radiographic Testing, Acoustic Emission Testing, Others), by Method (Visual Inspection, Surface Inspection, Volumetric Inspection, Others), by Services (Inspection Services, Training Services, Equipment Rental Services, Calibration Services), by Vertical (Manufacturing, Oil & Gas, Aerospace, Public Infrastructure, Automotive, Power Generation, Others) - Global Forecast to 2030"
On the basis of services, the global non-destructive testing and inspection market is categorized into inspection services, training services, equipment rental services, and calibration services. In 2020, the inspection services segment is expected to be the largest among all the segments and is projected to maintain its dominance, over the study period.
Global Non-destructive testing and inspection Market Segmentation Analysis
|
Segment |
Categorization |
Leading Category |
|
Technique |
Ultrasonic Testing, Visual Testing, Magnetic Particle Testing, Liquid Penetrant Testing, Eddy-Current Testing, Radiographic Testing, Acoustic Emission Testing, Others |
Ultrasonic Testing (Largest) |
|
Method |
Visual Inspection, Surface Inspection, Volumetric Inspection, Others |
XXX (Largest) |
|
Services |
Inspection Services, Training Services, Equipment Rental Services, Calibration Services |
Inspection Services (Largest) |
|
Vertical |
Manufacturing, Oil & Gas, Aerospace, Public Infrastructure, Automotive, Power Generation, Others |
Oil & Gas (Largest) |
|
Region |
North America, Europe, Asia-Pacific, and Rest of the World |
Asia-Pacific (Fastest) |
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“Asia-Pacific is the fastest growing region in the non-destructive testing and inspection market in 2019.”
Asia-Pacific is the fastest growing region in the non-destructive testing and inspection market in 2019. The Asia-Pacific region, in particular countries such as China, Taiwan, Japan, South Korea, and India, are experiencing increase in terms of adoption of non-destructive testing and inspection products and solutions compared with other regions.
Some of the major players in the global non-destructive testing and inspection market include General Electric, Olympus Corporation, MISTRAS Group, Nikon Metrology, Ashtead Technology, YXLON International, Sonatest, Zetec, Inc., T.D. Williamson Inc., and Bosello High Technology srl.
Scope of the Report
|
Report Metric |
Details |
|
Market Size Available for the Years in the Study |
2018–2030 |
|
Historical Period |
2018-2021 |
|
Base Year |
2021 |
|
Forecast Period |
2022–2030 |
|
Segments Covered in the Study |
Technique, Method, Services, Application, and Region |
|
Geographies Covered in the Study |
North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea), and Rest of the World (Brazil, Saudi Arabia, South Africa, U.A.E.) |
|
Companies Covered in the Study |
General Electric, Olympus Corporation, MISTRAS Group, Nikon Metrology, Ashtead Technology, YXLON International, Sonatest, Zetec, Inc., T.D. Williamson Inc., and Bosello High Technology srl |
Global Non-Destructive Testing and Inspection Market Coverage
Technique Insight and Forecast 2018-2030
- Ultrasonic Testing
- Visual Testing
- Magnetic Particle Testing
- Liquid Penetrant Testing
- Eddy-Current Testing
- Radiographic Testing
- Acoustic Emission Testing
- Others
Method Insight and Forecast 2018-2030
- Visual Inspection
- Surface Inspection
- Volumetric Inspection
- Others
Services Insight and Forecast 2018-2030
- Inspection Services
- Training Services
- Equipment Rental Services
- Calibration Services
Vertical Insight and Forecast 2018-2030
- Manufacturing
- Oil & Gas
- Aerospace
- Public Infrastructure
- Automotive
- Power Generation
- Others
Geographical Segmentation
Non-Destructive Testing and Inspection Market by Region
North America
- By Technique
- By Method
- By Services
- By Vertical
- By Country – U.S., Canada, and Mexico
Europe
- By Technique
- By Method
- By Services
- By Vertical
- By Country – Germany, U.K., France, Italy, Spain, Russia, and the Rest of Europe
Asia-Pacific (APAC)
- By Technique
- By Method
- By Services
- By Vertical
- By Country – China, Japan, India, South Korea, and the Rest of Asia-Pacific
Rest of the World (RoW)
- By Technique
- By Method
- By Services
- By Vertical
- By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries