Non-Destructive Testing Equipment Market

Non-Destructive Testing
Equipment Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2016-2026
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Report
Description
Report Description
Non-destructive testing equipment is used for evaluation and inspection of various
properties of materials, components, and assemblies. As the name suggests, these
equipment do not alter, or cause any damage to the materials that are subjected to
evaluation.
Non-destructive testing equipment are deployed to determine the properties of materials
and constructions in terms of ductility, ultimate tensile strength, impact resistance, fracture
toughness and fatigue strength. Non-destructive testing equipment sustains a uniform
quality level and lowers the cost of production. Since Non-destructive testing equipment
does not permanently alter the article being inspected, it is a highly valuable technique that
can save both money and time in product evaluation, research, and troubleshooting. The
various Non-destructive testing equipment methods include ultrasonic, magnetic particle,
radiographic, liquid penetrant, eddy current testing, remote visual inspection, low coherence
interferometry, etc.
Global Non-destructive Testing Equipment Market Segmentation
The global Non-destructive testing equipment market is segmented on the basis of end-use
verticals, services, technology, and geography.
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On the basis of end use verticals, the global non-destructive testing equipment market is
segmented into petrochemical and pipe, manufacturing applications, government
infrastructure, aerospace, manufacturing applications, automotive, public safety, power
Report
Description
Report Description
generation and ‘others’.
On account of services, the global non-destructive testing equipment market is segmented
into training, inspection, consultation and others.
On the basis of technology, the global non-destructive testing equipment market can be
segmented into radiography testing, ultrasonic testing, visual testing, magnetic particle
testing, liquid penetrant testing and others.
On the basis of geography, the global non-destructive equipment market is segmented into
North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Middle East &
Africa, and Japan.
Global Non-destructive Testing Equipment Market: Drivers
Increasing safety regulations for quality control, safety and reliable performance of machines
are driving the adoption of Non-destructive testing equipment in end-use industries. Focus
on improving the quality and longevity of the materials is also driving the growth of the
market. Focus on maintaining quality and preventing breakdowns have also led to increased
adoption of Non-destructive testing equipment in end-use industries. Advancement in
electronics, robotics, and automation and development of user-friendly software have made
these equipment more appealing to end-users. Incorporation of Non-destructive testing
equipment has shown to reduce maintenance and repair costs in the long run, fuelling their
demand from end-use industries.
Report
Description
Report Description
Global Non-destructive Testing Equipment Market: Restraints
Although Non-destructive testing equipment offers good ROI in the long run, high initial
investment is a deterrent for many organisations. Lack of product knowledge and skilled
manpower continue to be a challenge for the adoption of these machines.
Global Non-destructive Testing Equipment Market: Trends and Opportunities
There are significant opportunities for existing- and new- players to differentiate their
offerings through product innovation and competitive price offerings. Resurgence in
development of infrastructure after the recession of 2007-08 is expected to provide ample
growth opportunities to manufacturers. For many construction projects, carrying out Nondestructive testing has become an integral part of the overall process, and this trend is only
going to be stronger over the forecast period. Development of automatic and laser based
testing equipment are also expected to create new avenues of growth for this market.
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Global Non-destructive Testing Equipment Market: Key Players
The major companies involved in the production and manufacturing of Non-destructive
testing equipment are GE Inspection Technologies, YXLON International, Mistras, Nikon
Metrology, Olympus Corporation, Eddyfi, Sonatest Ltd., Magnaflux Corporation, Zetec Inc.
etc.
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