Global Non-Destructive Testing Services Market Research Report Information By Service Type, By Vertical And Region Industry Forecast 2032

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Global Non-Destructive Testing (NDT) Services Market Research Report Information By By Service Type (Conventional Non-Destructive Testing Visual Testing and Advanced Non-Destructive Testing Phased Array Ultrasonic Testing), By Vertical (Construction, Pharmaceuticals, Entertainment, Power Generation, Oil And Gas, Aerospace, Automotive, Papermills, Manufacturing, Chemicals, Biomedical And Medical Devices And Others) And Region (North America, Europe, Asia-Pacific & Rest Of The World) Industry Forecast 2032

Overview of the Market

The global market for non-destructive testing (NDT) services has grown significantly in recent years, according to Market Research Future (MRFR). It is expected to reach USD 36,821.8 million by 2032, with a compound annual growth rate (CAGR) of 8.7% from 2024 to 2032.

One of the main factors driving the growth of the non-destructive testing (NDT) services market is the growing number of companies that use renewable energy sources to provide the electrical energy required to run their operations.

R&D methodologies, training, and service-based supply chains utilized in the power, automotive, and oil and gas sectors are all incorporated into the non-destructive testing (NDT) services methodology. In the oil and gas sector, this method is employed to examine the internal and external corrosion of pipelines.

Perspectives on Market Segments

The global market for NDT services has been divided into two segments based on the type of service: Advanced Non-Destructive Testing Phased Array Ultrasonic Testing and Conventional Non-Destructive Testing Visual Testing.

Traditional Non-Destructive Examination Dye Penetrant Testing, Magnetic Particle Inspection Testing, Ultrasonic Testing (UT), Positive Material Identification (PMI), Radiographic Testing, Eddy Current Testing, Leak Testing (LT), and Others are additional subcategories of the Visual Testing segment.

Computed/Digital Radiography, Infrared Thermography, Alternating Current Field Measurement (ACFM), Automated Ultrasonic Testing (AUT), Acoustic Emission Testing (AET), Low Frequency Eddy Current Testing (LFET), Pulsed Eddy Current (PEC), and Others are all included in the Advanced Non-Destructive Testing Phased Array Ultrasonic Testing segment.

Construction, pharmaceuticals, entertainment, oil and gas, power generation, aerospace, automotive, paper mills, manufacturing, chemicals, biomedical, and medical devices are some of the vertically segmented market segments.

Regional Perspectives

The United States, Canada, and Mexico make up North America. Because of the robust industrial base, safety regulations, and advancements in technology, the market for non-destructive testing (NDT) services is expanding especially in North America. Among the industries moving toward the usage of NDT procedures and technologies in their manufacturing processes are the oil and gas, aerospace, automotive, and infrastructure sectors.

Over the course of the forecast period, the non-destructive testing (NDT) services market in Europe is anticipated to grow substantially. Aerospace and Defense, Power and Energy, Oil and Gas, Automotive and Transportation, and Construction are some of the main end-user industries that are taken into consideration in this study.

It is anticipated that the non-destructive testing (NDT) services market in Asia-Pacific will grow at the fastest rate. Higher rates of osteoarthritis and degenerative disc disease, a quickly expanding medical tourism industry, and soaring healthcare costs are all to blame for this.

Key Players

Major players in the non-destructive testing (NDT) services market include Bosello High Technology S.R.L. (Italy), Fujifilm Holdings Corporation (Japan), Ashtead Technology, Inc. (U.S.), Nikon Metrology, Inc. (U.S.), Sonyatest Ltd. (U.K.), Intertek Group PLC (U.K.), MISTRAS Group, Inc. (U.S.), Olympus Corporation (Japan), GE Inspection Technologies (U.S.), SGS S.A. (Switzerland), and Intertek Group PLC (U.K.).

Product Code: MRFR/SEM/4131-HCR

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
- 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
- 3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:
3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 INCREASING EMPHASIS ON QUALITY ASSURANCE
- 4.2.2 STRINGENT REGULATORY MANDATES
- 4.2.3 GROWING FOCUS ON ASSET INTEGRITY
4.3 RESTRAINTS
- 4.3.1 HIGH COST OF NDT EQUIPMENT AND SERVICES
- 4.3.2 SHORTAGE OF SKILLED NDT PROFESSIONALS
4.4 OPPORTUNITY
- 4.4.1 TECHNOLOGICAL ADVANCEMENTS IN NDT TECHNIQUES
- 4.4.2 RISING ADOPTION IN EMERGING ECONOMIES
- 4.4.3 EXPANSION INTO NEW APPLICATIONS AND INDUSTRIES
4.5 COVID-19 IMPACT ANALYSIS
- 4.5.1 IMPACT ON OVERALL SEMICONDUCTOR ELECTRONICS
- 4.5.2 IMPACT ON GLOBAL NON-DESTRUCTIVE TESTING (NDT) SERVICES MARKET
- 4.5.3 IMPACT ON MARKET DEMAND OF NON-DESTRUCTIVE TESTING (NDT) SERVICES MARKET
- 4.5.4 IMPACT ON PRICING OF NON-DESTRUCTIVE TESTING (NDT) SERVICES MARKET

5 MARKET FACTOR ANALYSIS

5.1 VALUE CHAIN ANALYSIS
- 5.1.1 INBOUND LOGISTICS
- 5.1.2 OPERATIONS
- 5.1.3 OUTBOUND LOGISTICS
- 5.1.4 MARKETING AND SALES
- 5.1.5 POST SALE SERVICES
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 THREAT OF SUBSTITUTE PRODUCTS OR SERVICES
- 5.2.4 BARGAINING POWER OF BUYERS
- 5.2.5 INTENSITY OF RIVALRY

6 GLOBAL NON-DESTRUCTIVE TESTING (NDT) SERVICES MARKET, BY SERVICE TYPE

6.1 OVERVIEW
6.2 CONVENTIONAL NON-DESTRUCTIVE TESTING
- 6.2.1 VISUAL TESTING
- 6.2.2 DYE PENETRANT TESTING
- 6.2.3 MAGNETIC PARTICLE INSPECTION TESTING
- 6.2.4 ULTRASONIC TESTING (UT)
- 6.2.5 POSITIVE MATERIAL IDENTIFICATION (PMI)
- 6.2.6 RADIOGRAPHIC TESTING
- 6.2.7 EDDY CURRENT TESTING
- 6.2.8 LEAK TESTING (LT)
- 6.2.9 OTHERS
6.3 ADVANCED NON-DESTRUCTIVE TESTING
- 6.3.1 VISUAL TESTING
- 6.3.2 PHASED ARRAY ULTRASONIC TESTING
- 6.3.3 COMPUTED/DIGITAL RADIOGRAPHY
- 6.3.4 INFRARED THERMOGRAPHY
- 6.3.5 ALTERNATING CURRENT FIELD MEASUREMENT (ACFM)
- 6.3.6 AUTOMATED ULTRASONIC TESTING (AUT)
- 6.3.7 AET
- 6.3.8 LOW FREQUENCY EDDY CURRENT TESTING (LFET)
- 6.3.9 PULSED EDDY CURRENT (PEC)

7 GLOBAL NON-DESTRUCTIVE TESTING (NDT) SERVICES MARKET, BY VERTICAL

7.1 INTRODUCTION
7.2 PAPERMILLS
7.3 PHARMACEUTICALS
7.4 ENTERTAINMENT
7.5 POWER GENERATION
7.6 OIL AND GAS
7.7 AEROSPACE
7.8 AUTOMOTIVE
7.9 CONSTRUCTION
7.10 MANUFACTURING
7.11 CHEMICALS
7.12 BIOMEDICAL AND MEDICAL DEVICES
7.13 OTHERS

8 GLOBAL NON-DESTRUCTIVE TESTING (NDT) SERVICES MARKET, BY REGION

8.1 OVERVIEW
- 8.1.1 GLOBAL NON-DESTRUCTIVE TESTING (NDT) SERVICES MARKET, BY REGION, 2023 VS 2032 (USD MILLION)
- 8.1.2 GLOBAL NON-DESTRUCTIVE TESTING (NDT) SERVICES MARKET, BY REGION, 2019-2032 (USD MILLION)
8.2 NORTH AMERICA
- 8.2.1 US
- 8.2.2 CANADA
- 8.2.3 MEXIXO
8.3 EUROPE
- 8.3.1 UK
- 8.3.2 GERMANY
- 8.3.3 FRANCE
- 8.3.4 ITALY
- 8.3.5 SPAIN
- 8.3.6 BENELUX
- 8.3.7 NORDICS
- 8.3.8 REST OF EUROPE
8.4 ASIA-PACIFIC
- 8.4.1 CHINA
- 8.4.2 JAPAN
- 8.4.3 INDIA
- 8.4.4 SOUTH KOREA
- 8.4.5 TAIWAN
- 8.4.6 SINGAPORE
- 8.4.7 MALAYSIA
- 8.4.8 REST OF ASIA-PACIFIC
8.5 MIDDLE EAST & AFRICA
- 8.5.1 GCC COUNTRIES
- 8.5.2 SOUTH AFRICA
- 8.5.3 REST OF MIDDLE EAST & AFRICA
8.6 SOUTH AMERICA
- 8.6.1 BRAZIL
- 8.6.2 ARGENTINA
- 8.6.3 REST OF SOUTH AMERICA

9 COMPETITIVE LANDSCAPE

9.1 INTRODUCTION
9.2 COMPETITOR DASHBOARD
9.3 COMPANY MARKET SHARE ANALYSIS, 2023
9.4 PUBLIC PLAYERS STOCK SUMMARY
9.5 COMPARATIVE ANALYSIS: KEY PLAYERS FINANICAL
9.6 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 9.6.1 NEW PRODUCT LAUNCH/ DEVELOPMENT
- 9.6.2 PARTNERSHIP/COLLABORATION, INVESTMENT, EXPANSION, AND OTHERS
- 9.6.3 MERGER/ACQUISITION

10 COMPANY PROFILES

10.1 EDDYFI TECHNOLOGIES
- 10.1.1 COMPANY OVERVIEW
- 10.1.2 FINANCIAL OVERVIEW
- 10.1.3 PRODUCTS OFFERED
- 10.1.4 KEY DEVELOPMENTS
- 10.1.5 SWOT ANALYSIS
- 10.1.6 KEY STRATEGIES
10.2 INTERTEK
- 10.2.1 COMPANY OVERVIEW
- 10.2.2 FINANCIAL OVERVIEW
- 10.2.3 PRODUCTS OFFERED
- 10.2.4 KEY DEVELOPMENTS
- 10.2.5 SWOT ANALYSIS
- 10.2.6 KEY STRATEGIES
10.3 ACUREN
- 10.3.1 COMPANY OVERVIEW
- 10.3.2 FINANCIAL OVERVIEW
- 10.3.3 PRODUCTS OFFERED
- 10.3.4 KEY DEVELOPMENTS
- 10.3.5 SWOT ANALYSIS
- 10.3.6 KEY STRATEGIES
10.4 MISTRAS GROUP, INC.
- 10.4.1 COMPANY OVERVIEW
- 10.4.2 FINANCIAL OVERVIEW
- 10.4.3 PRODUCTS OFFERED
- 10.4.4 KEY DEVELOPMENTS
- 10.4.5 SWOT ANALYSIS
- 10.4.6 KEY STRATEGIES
10.5 EVIDENT (OLYMPUS)
- 10.5.1 COMPANY OVERVIEW
- 10.5.2 FINANCIAL OVERVIEW
- 10.5.3 PRODUCTS OFFERED
- 10.5.4 KEY DEVELOPMENTS
- 10.5.5 SWOT ANALYSIS
- 10.5.6 KEY STRATEGIES
10.6 ASHTEAD TECHNOLOGY
- 10.6.1 COMPANY OVERVIEW
- 10.6.2 FINANCIAL OVERVIEW
- 10.6.3 PRODUCTS OFFERED
- 10.6.4 KEY DEVELOPMENTS
- 10.6.5 SWOT ANALYSIS
- 10.6.6 KEY STRATEGIES
10.7 BUREAU VERITAS
- 10.7.1 COMPANY OVERVIEW
- 10.7.2 FINANCIAL OVERVIEW
- 10.7.3 PRODUCTS OFFERED
- 10.7.4 KEY DEVELOPMENTS
- 10.7.5 SWOT ANALYSIS
- 10.7.6 KEY STRATEGIES
10.8 TUV RHEINLAND
- 10.8.1 COMPANY OVERVIEW
- 10.8.2 FINANCIAL OVERVIEW
- 10.8.3 PRODUCTS OFFERED
- 10.8.4 KEY DEVELOPMENTS
- 10.8.5 SWOT ANALYSIS
- 10.8.6 KEY STRATEGIES
10.9 SUPERIOR JOINING TECHNOLOGIES, INC.
- 10.9.1 COMPANY OVERVIEW
- 10.9.2 FINANCIAL OVERVIEW
- 10.9.3 PRODUCTS OFFERED
- 10.9.4 KEY DEVELOPMENTS
- 10.9.5 SWOT ANALYSIS
- 10.9.6 KEY STRATEGIES
10.10 PUREPRIME SOLUTIONS
- 10.10.1 COMPANY OVERVIEW
- 10.10.2 FINANCIAL OVERVIEW
- 10.10.3 PRODUCTS OFFERED
- 10.10.4 KEY DEVELOPMENTS
- 10.10.5 SWOT ANALYSIS
- 10.10.6 KEY STRATEGIES
10.11 INNOVATIVE NDT SERVICES PVT. LTD. (NDT-PWHT)
- 10.11.1 COMPANY OVERVIEW
- 10.11.2 FINANCIAL OVERVIEW
- 10.11.3 PRODUCTS OFFERED
- 10.11.4 KEY DEVELOPMENTS
- 10.11.5 SWOT ANALYSIS
- 10.11.6 KEY STRATEGIES
10.12 TUV SUD
- 10.12.1 COMPANY OVERVIEW
- 10.12.2 FINANCIAL OVERVIEW
- 10.12.3 PRODUCTS OFFERED
- 10.12.4 KEY DEVELOPMENTS
- 10.12.5 SWOT ANALYSIS
- 10.12.6 KEY STRATEGIES
10.13 TWI LTD.
- 10.13.1 COMPANY OVERVIEW
- 10.13.2 FINANCIAL OVERVIEW
- 10.13.3 PRODUCTS OFFERED
- 10.13.4 KEY DEVELOPMENTS
- 10.13.5 SWOT ANALYSIS
- 10.13.6 KEY STRATEGIES
10.14 CHALLENGE TESTING, INC.
- 10.14.1 COMPANY OVERVIEW
- 10.14.2 FINANCIAL OVERVIEW
- 10.14.3 PRODUCTS OFFERED
- 10.14.4 KEY DEVELOPMENTS
- 10.14.5 SWOT ANALYSIS
- 10.14.6 KEY STRATEGIES
10.15 RNDT INC.
- 10.15.1 COMPANY OVERVIEW
- 10.15.2 FINANCIAL OVERVIEW
- 10.15.3 PRODUCTS OFFERED
- 10.15.4 KEY DEVELOPMENTS
- 10.15.5 SWOT ANALYSIS
- 10.15.6 KEY STRATEGIES