Global Non-Destructive Testing Services Market

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Global Non-Destructive Testing Services Market
Report-Forecast 2023
Non-Destructive Testing Services Market Forecast
2023
P a g e 1 Copyright 2017
Market Research Future.
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Non-Destructive Testing Services Market Forecast
2023
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Non-Destructive Testing Services Market Forecast
2023 Summary Non-destructive testing services
market is estimated to exhibit high growth
potential during the forecast period owing to
the high demand across industry verticals. Rising
demand among the end-use industries for
non-destructive testing services drives the
growth of the market. Additionally, innovation
and advancement in technology and increasing
market for non-destructive testing services is
adding fuel to the growth of the non-destructive
testing services market. The Global
Non-Destructive Testing Services Market is
segmented by type, technique, application and
vertical. The vertical segment is further
classified into aerospace defense, automotive,
oil gas, infrastructure, and power. The
aerospace defense sub-segment is expected to
hold the largest market share of the overall non-
destructive testing services market during the
forecast period. This is owing to the increasing
demand for non-destructive testing services
market in the aerospace and defense sector.
These non-destructive testing services help in
ensuring safety during the production of complex
aircraft accessories. However, the high costs of
advanced non-destructive testing equipment and
technical complexities involved in
implementation of non-destructive testing are the
major factors that could hinder the growth of
global non-destructive testing services market.
other factors such as the lack of awareness and
skilled personnel may also hamper the market
growth.
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Non-Destructive Testing Services Market Forecast
2023 Major Key Players Some of the prominent
players in the global non-destructive testing
services market are MISTRAS Group, Inc. (U.S.),
Olympus Corporation (Japan), GE Inspection
Technologies (U.S.), Intertek Group PLC (U.K.),
SGS S.A. (Switzerland), Olympus Corporation
(Japan), Nikon Metrology, Inc. (U.S.), Ashtead
Technology, Inc. (U.S.), Sonatest Ltd. (U.K),
Bosello High Technology S.R.L. (Italy), and
Fujifilm Holdings Corporation (Japan).
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Non-Destructive Testing Services Market Forecast
2023
Segmentation The global non-destructive testing
services market is segmented by type,
technique, application and vertical. By product,
the market is segmented into traditional non-
destructive testing services and advanced
non-destructive testing services. By type, the
market is segmented into ultrasonic testing
services, radiography testing services, liquid
penetrant testing services, magnetic particle
testing services, eddy-current testing
services, and visual inspection services.
By application, the market is segmented
into flaw detection, leak detection, dimensional
measurement, estimation of physical properties,
chemical composition determination, and stress
structure analysis. Whereas, based on vertical,
the market is segmented into aerospace
defense, automotive, oil gas, infrastructure,
and power.
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Non-Destructive Testing Services Market Forecast
2023 Regional Analysis The global
non-destructive testing services market is
studied in Asia Pacific, North America, Europe,
and Rest of the World. It has been observed that
North America is estimated to account for the
largest market share, whereas Asia Pacific is
projected to grow at the fastest rate during the
forecast period. The growth of North America
market is attributed to technological
advancements and the increased adoption of
non-destructive testing service applications
across industry verticals.