Non-Destructive Testing (NDT) Services market 2021-2027
New Study Reports " Non-Destructive Testing Services Market 2021 Global Market Opportunities, Challenges, Strategies and Forecasts 2027" has been Added on MarketResearchFuture.
Introduction/Report Summary:
This report provides in depth study of “Non-Destructive Testing (NDT) Services market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Non-Destructive Testing Services Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
Drivers and Constraints
The fundamental dynamics that are explored in the report hold substantial influence over the Non-Destructive Testing Services Market. The report further studies on the value, volume trends, and the pricing history of the market. In addition to it, various growth factors, restraints, and opportunities are also analyzed for the market to study the in-depth understanding of the market.
According to Market Research Future Analysis, the global Non-Destructive Testing (NDT) Services market is estimated to generate revenue of approximately USD 26 billion by 2023 growing at a CAGR of 8% during the forecast period 2017-2023.
Non-Destructive Testing (NDT) 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 (NDT) Services market.
MISTRAS Group, Inc., Olympus Corporation, GE Inspection Technologies, Intertek Group PLC, SGS S.A., Olympus Corporation, and Nikon Metrology are some of the leading players in the market. MITRAS Group offers advanced NDT services, traditional NDT services, engineering services and NDT centres of excellence for all consumer demands related to non-destructive testing services. The company focusses on offering innovative solutions and keeps up with the fast pace of the technological advancements. Rise in demand to ensure safety and growing government regulations are some of the major factors driving the growth of Non-Destructive Testing (NDT) Services market. With the focus on promoting the adoption of non-destructive testing services and the convenience provided to consumers, the global Non-Destructive Testing (NDT) Services market is expected to grow.
Key Players
The report has profiled some of the Important players prevalent in the global like – 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) among others.
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The global Non-Destructive Testing (NDT) 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 (NDT) Services market during the forecast period. This is owing to the increasing demand for Non-Destructive Testing (NDT) 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 (NDT) Services market. other factors such as the lack of awareness and skilled personnel may also hamper the market growth.
Key Stakeholders
Non-Destructive Testing (NDT) Services market Manufacturers
Non-Destructive Testing (NDT) Services market Distributors/Traders/Wholesalers
Non-Destructive Testing (NDT) Services market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Major Key Points from Table of Content:
1 Executive Summary
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Global Non-Destructive Testing (NDT) Services market, By Component
6 Global Non-Destructive Testing (NDT) Services market, by Technology
7 Global Non-Destructive Testing (NDT) Services market, by Application
8 Global Non-Destructive Testing (NDT) Services market, By Industry
9 Global Non-Destructive Testing (NDT) Services market, By Region
10 Competitive Landscape
And more
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