NDT Services Market 2022 Size, Growth Analysis Report, Forecast to 2028

 

The global NDT services market is anticipated to grow at a significant CAGR of 6.8% during the forecast period (2022-2028). NDT is a technique to identify defects and discontinuity in material, component, or structure, without destroying the original identity of that product. The global NDT service market is growing due to the significant increase in the use of NDT service inspection equipment by several companies to improve processes and reduce waste. The aging pipeline system in the industries is also driving the growth of the NDT services market. The rising incident incidences of infrastructural failures and the rise in the need for extending the life of obsolete infrastructure are also driving the growth of the global NDT services market during the forecast period. 

NDT Services Market Segmentation:

By Type

• Radiography Testing
• Ultrasonic Testing
• Magnetic Particle Testing
• Liquid Penetrant Testing
• Visual Inspection Testing
• Eddy Current Testing
• Others

By End-User

• Oil & Gas
• Power & Energy
• Construction
• Automotive & Transportation
• Aerospace & Defense
• Others

Competitive Landscape- Intertek Group plc, X-R-I Testing, Amerapex Corp., Jesse Garant & Associates Inc., and TÜV SÜD, among others.:

Geographic Coverage

o North America Market Size and/or Volume

o Latin America Market Size and/or Volume

o Europe Market Size and/or Volume

o Asia-Pacific Market Size and/or Volume

o Rest of the world Market Size and/or Volume

Key Benefits of Buying the Global NDT Services Report:

• Comprehensive analysis of the changing competitive landscape
• Assists in decision making processes for the businesses along with detailed strategic planning methodologies
• The report offers an 8-year forecast and assessment of the Global NDT Services Market
• Helps in understanding the key product segments and their estimated growth rate
• In-depth analysis of market drivers, restraints, trends, and opportunities
• Comprehensive regional analysis of the Global NDT Services Market
• Extensive profiling of the key stakeholders of the business sphere
• Detailed analysis of the factors influencing the growth of the Global NDT Services Market