Florida,January 10,2018: Non Destructive Testing (NDT) Market -This report provides qualitative and quantitative information about the global NDT market. It identifies the market application gaps, emerging technologies, the need for new product launches, and high potential geographic regions and countries. It also provides a segmentation of the market, tracking the market size, market share, revenue projections, and financial portfolio, covering a broad spectrum of the different methods, end-user, applications, and techniques of NDT industry.

    Additionally, the forecast period offers huge potential growth for technologies such as computed tomography, phased array ultrasonic testing, and data management tools as these techniques are more efficient in terms of deriving accurate results.

    The Global Non Destructive testing market is projected to reach USD 22.20 Billion By 2022, at a CAGR of 7.80% from 2015 to 2022.

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    Table of Contents

    1 INTRODUCTION

    2 Research Methodology

    3 Executive Summary

    4 Premium Insights

    5 Market Overview

    5.1 Introduction
    5.2 Market Evolution
    5.3 Market Segmentation
    5.3.1 By Method
    5.3.2 By Technique
    5.3.3 By Application
    5.3.4 By Component
    5.3.5 By End User
    5.4 Market Dynamics
    5.4.1 Drivers
    5.4.1.1 Extending the Useful Life of Aging Infrastructure
    5.4.1.2 Outsourcing of Non-Core Activities and Technical Resource Constraints
    5.4.1.3 Stringent Safety Regulations Formulated By Governments
    5.4.1.4 Emergence of Industrial Internet of Things
    5.4.2 Restraints
    5.4.2.1 Lack of Skilled Professionals
    5.4.2.2 High Cost of Advanced Non-Destructive Testing Equipment
    5.4.3 Opportunities
    5.4.3.1 New Power Generation Projects
    5.4.3.2 Integration of Robotic Technology
    5.4.3.3 Increasing Use of Advanced Materials
    5.4.3.4 Large-Scale Infrastructure Projects
    5.4.4 Challenges
    5.4.4.1 Price Volatility of Natural Gas and Crude Oil
    5.4.4.2 Reluctance Towards the Adoption of New Non-Destructive Testing Techniques By End Users
    5.4.5 Winning Imperatives
    5.4.5.1 Expanding End User Market
    5.4.5.2 Expanding Geographical Reach
    5.4.6 Burning Issues
    5.4.6.1 Lack of Skilled Workforce and Increasing Mechanical Complications
    5.4.6.2 Rapid Industrial Transformation

    6 Industry Trends

    7 Non-Destructive Testing Market, By Method

    8 Non-Destructive Testing Market, By Technique

    9 Non-Destructive Testing Market, By Application

    10 Non-Destructive Testing Market, By Component

    11 Non-Destructive Testing Market, By End User

    12 Non-Destructive Testing Market, By Region

    13 Competitive Landscape

    14 Company Profiles

    14.1 Introduction

    14.1.1 Financial Highlights

    14.2 Olympus Corporation

    14.3 Mistras Group, Inc.

    14.4 Intertek Group PLC

    14.5 SGS S.A.

    14.6 GE Measurement & Control

    14.7 Nikon Metrology, Inc.

    14.8 Ashtead Technology, Inc.

    14.9 Sonatest Ltd.

    14.10 Bosello High Technology S.R.L.

    14.11 Fujifilm Holding Corporation

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    This research report categorizes the NDT market into the following segments and sub-segments:

    Global NDT Market, By Method

    • Ultrasonic testing
    • Radiography testing
    • Liquid Penetrant testing
    • Magnetic particle testing
    • Eddy-current testing
    • Visual inspection

    Global NDT Market, By End-User

    • Oil & gas industry
    • Aerospace & Defense industry
    • Automotive industry
    • Infrastructure Industry
    • Power generation industry

    Global NDT Market, By Technique

    • Surface Examination technique
    • Volumetric Examination Technique
    • Condition Monitoring technique
    • Integrity Examination technique
    • Other non-destructive techniques

    Global NDT Market, By Application

    • Flaw detection
    • Leak detection
    • Dimensional measurement
    • Estimation of physical properties
    • Chemical Composition Determination
    • Stress & Structure Analysis

    Global NDT Market, By Geography

    • G7 Nations
      •  U.S.
      • Canada
      • Japan
      • Italy
      • France
      • Germany
      • U.K.
    • BRICS
      • Brazil
      • Russia
      • India
      • China
      • South Africa
      • U.K.
    • Rest of the World
      • South Korea
      • Saudi Arabia
      • Others

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    Source: http://www.financeswire.com/non-destructive-testing-ndt-market-global-analysis-and-forecast-to-2021