Global Non-Destructive Testing and Inspection Market is estimated to be USD 8.3 billion in 2020 and is predicted to reach USD 11.6 billion by 2025, growing at a CAGR of 7.0% during the forecast period (2020-2025)

Published Date: Nov, 2020

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 2025", market is estimatedto be USD 8.3 billion in 2020 and is predicted to reach USD 11.6 billion by 2025, growing at a CAGR of 7.0% during the forecast period. Some of the major factors responsible for the growth of non-destructive testing and inspection across the globe are increasing adoption of IoT devices, 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 2025"

On the basis of services, the global non-destructive testing and inspection market is categorized into inspection services, training services, equipment rental services, calibration services. In 2020, the inspection services segment is expected to be 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

2015–2025

Historical Period

2015–2019

Base Year

2019

Forecast Period

2020–2025

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 2015-2025

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

Method Insight and Forecast 2015-2025

  • Visual Inspection
  • Surface Inspection
  • Volumetric Inspection
  • Others

Services Insight and Forecast 2015-2025

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

Vertical Insight and Forecast 2015-2025

  • 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 Rest of Europe

Asia-Pacific (APAC)

  • By Technique
  • By Method
  • By Services
  • By Vertical
  • By Country – China, Japan, India, South Korea, and 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
Our Industry
Global Non-Destructive Testing and Inspection Market is estimated to be USD 8.3 billion in 2020 and is predicted to reach USD 11.6 billion by 2025, growing at a CAGR of 7.0% during the forecast period (2020-2025)