What is Non-Destructive Testing and Inspection?
Non-destructive testing and inspection is the process of inspecting, testing, or evaluating materials, components or assemblies for discontinuities, or differences in characteristics without destroying the serviceability of the part or system. It is generally used to determine the physical properties of materials such as impact resistance, ductility, yield and ultimate tensile strength, fracture toughness and fatigue strength.
The market study is broken down and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA estimates that Manufacturers from United States will contribute to the maximum growth of Global Non-Destructive Testing and Inspection market throughout the predicted period.
Applied Inspection Ltd (United Kingdom), Sonatest (United Kingdom), Cygnus Instruments Ltd. (United Kingdom), Nikon Metrology (Belgium), Ashtead Technology (Scotland), YXLON International (Germany), General Electric (United States), Olympus Corporation (Japan), MISTRAS Group (United States), Zetec, Inc. (United States), T.D. Williamson Inc. (United States) and Bosello High Technology srl (Italy) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Eddyfi (Canada), Magnaflux (United States), Fischer Technology Inc. (United States), NDT Global GmbH (Germany), Acuren (United States) and LynX Inspection (Canada).
AdvanceMarketAnalytics has segmented the market of Global Non-Destructive Testing and Inspection market by Type, Application and Region.
On the basis of geography, the market of Non-Destructive Testing and Inspection has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Vertical, the sub-segment i.e. Oil & Gas will boost the Non-Destructive Testing and Inspection market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Training Services will boost the Non-Destructive Testing and Inspection market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technique, the sub-segment i.e. Visual Testing will boost the Non-Destructive Testing and Inspection market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Method, the sub-segment i.e. Visual Inspection will boost the Non-Destructive Testing and Inspection market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In June 2020, Yxlon International, a company of the Swiss Comet Group and designer and producer of radioscopic and CT inspection systems for a variety of applications and fields, has released its new universal X-ray and CT system for non-destructive testing.
- Increased Adoption of IoT Devices
- Rising Need to Assess Health of Aging Assets
- Stringent Government Regulations Regarding Public Safety and Product Quality
- Continuous Advances in Electronics, Automation, and Robotics
- Large-Scale Infrastructural Developments in APAC, Europe, and Latin America
- Growing Demand for NDT Inspection Services From Power Generation Industry
- Technological Advancements Creating New Application Areas for NDT Equipment
- Dearth of Skilled and Qualified Personnel for Inspection Services
- Evident Reluctance to Adopt New NDT Techniques
- Increased Complexity of Machines and Structures
Key Target AudienceNon-Destructive Testing and Inspection Providers, Emerging Companies, Research Professionals and End-users
About ApproachDuring this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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