Non-destructive testing methods and applications 2021-2027
New Study Reports " Non-destructive testing
methods and applications 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
methods and applications” using SWOT analysis i.e.
Strength, Weakness, Opportunities and Threat to the organization. The Non-destructive
testing methods and applications 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.
According
to Market Research Future Analysis, the Global Non-destructive testing methods
and applications is estimated to generate revenue of approximately USD 26
billion by 2026 growing at a CAGR of 8% during the forecast period 2017-2026.
Non-destructive testing methods and applications 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 methods and applications.
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 methods and
applications. With the focus on promoting the adoption of non-destructive
testing services and the convenience provided to consumers, the global non-destructive
testing methods and applications 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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Market
Segmentation
Global
Non-destructive testing methods and applications – Segmentation
The
report is segmented into five dynamics;
By
Product: Traditional Non-Destructive Testing Services
And Advanced Non-Destructive Testing Services.
By
Type : Ultrasonic, Radiography, Liquid Penetrant,
Magnetic Particle, Eddy-Current, Visual Inspection, and others.
By
Application: Flaw Detection, Leak Detection, Dimensional
Measurement, Estimation of Physical Properties, Chemical Composition
Determination, Stress & Structure Analysis, and others.
By
Vertical :Aerospace & Defense, Automotive, Oil &
Gas, Infrastructure, Power, and others.
By
Regions: Americas, Europe, APAC, and Rest-of-the-World.
Non-destructive
testing methods and applications – Geographical Analysis
North
America dominates the global non-destructive testing methods and applications.
The region has a well-established infrastructure, allowing the faster implementation
of advanced technologies. The largest market share attributes to the growing
demand to ensure safety and efficiency in the production process. Besides,
technological advancements and the increased adoption of non-destructive
testing service applications across industry verticals drive the growth of the
regional market.
US and
Canada dominate the regional market due to rising technological enhancements
and growing adoption of the industrial internet of things (IIoT) in the region.
Moreover, the rising adoption of non-destructive testing services across the
end-use industry verticals creates substantial market demand. Growing
developments in the IT and telecom industries and increased adoption of
automation in industrial sectors boost the growth of the regional market. The
North American NDT services market is poised to retain its dominance throughout
the review period.
Europe
is another lucrative market for non-destructive testing services globally. The
market is driven by the augmented demand for NDT services and the availability
of high-quality, non-destructive testing methods and applications.
Additionally, technological advances in the field of NDT services and non
destructive testing companies in the region increase the market size.
Furthermore,
the increasing adoption of automation across the industrial sector acts as
another major factor driving the non-destructive testing methods and
applications in the region. Simultaneously, the regulatory mandates introduced,
alongside a large untapped consumer base, provide impetus to the regional
market growth. The European non-destructive testing market is poised to witness
s substantial growth over the assessment period.
The
Asia Pacific non-destructive testing methods and applications witnesses rapid
expansion globally. Factors such as the wide adoption of NDT services and
spurting growth in aerospace & defense, automotive, infrastructure, power,
and telecommunication industries stimulate the regional market growth. India,
South Korea, China, and Japan are the leading markets in the region. The APAC non-destructive
testing methods and applications is expected to grow at an impressive CAGR
during the review period.
Key Stakeholders
Non-destructive
testing methods and applications Manufacturers
Non-destructive testing methods and applications Distributors/Traders/Wholesalers
Non-destructive testing methods and applications Subcomponent
Manufacturers
Industry Association
Downstream Vendors
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Complete Report Details@ https://www.marketresearchfuture.com/reports/non-destructive-testing-services-market-5580
1
Executive Summary
2
Scope Of The Report
2.1
Market Definition
2.2
Scope Of The Study
2.2.1
Research Objectives
2.2.2
Assumptions & Limitations
2.3
Markets Structure
….
13.
Company Profiles
13.1
MISTRAS Group, Inc. (U.S.)
13.1.1
Company Overview
13.1.2
Type/Business Segment Overview
13.1.3
Financial Updates
13.1.4
Key Developments
13.2
Olympus Corporation (Japan)
13.2.1
Company Overview
13.2.2
Type/Business Segment Overview
13.2.3
Financial Updates
13.2.4
Key Developments
13.3
GE Inspection Technologies (U.S.)
13.3.1
Company Overview
13.3.2
Type/Business Segment Overview
13.3.3
Financial Updates
13.3.4
Key Developments
13.4
Intertek Group PLC (U.K.)
13.4.1
Company Overview
13.4.2
Type/Business Segment Overview
13.4.3
Financial Updates
13.4.4
Key Developments
And more
Continued...
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