The Global Nondestructive Testing Equipment Market is Expected to Grow with a CAGR of 9% from 2023 to 2030
The Global Nondestructive Testing Equipment Market is Expected to Grow with a CAGR of 9% from 2023 to 2030
Blog Article
According to a market report by Lucintel, the future of the global nondestructive testing equipment market looks promising with opportunities in the ultrasonic testing, radiography testing, visual inspection testing, magnetic particle testing and electromagnetic testing, eddy current testing, liquid penetrant testing markets. The global nondestructive testing equipment market is expected to grow with a CAGR of 9% from 2023 to 2030. The major drivers for this market are the need for high-quality standards in manufacturing processes is driving the adoption of ndt equipment to ensure product integrity and reliability., regulatory bodies across various industries, including oil and gas, aerospace, and automotive, are enforcing strict safety and quality norms, necessitating the use of ndt methods., and the need to inspect and maintain aging infrastructure, particularly in developed countries, is propelling the demand for ndt equipment to detect flaws and prevent failures.
Lucintel forecasts that ultrasonic testing will remain the largest segment over the forecast period.
Within this market, volumetric examination will remain the largest segment.
North America will remain the largest region over the forecast period.
Mistras Group, Inc., nikon metrology, Olympus, sonatest ltd, sgs, zetec, ashtead technology, carestream health, General Electric, and Intertek Group plc are the major suppliers in the nondestructive testing equipment market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cast visit Lucintel’s Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056