A fresh report titled on “Non-Destructive Testing and Inspection Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report also details the information about the global market status, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements.
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Top Companies profiled in the Non-Destructive Testing and Inspection Market:
- General Electric(US)
- Olympus Corporation(Japan)
- MISTRAS Group(US)
- Nikon Metrology(Belgium)
- Ashtead Technology(Scotland)
- YXLON International(Germany)
- Sonatest (UK)
- Zetec Inc.(US)
- D. Williamson Inc. (US)
- Bosello High Technology srl(Italy)
- Fischer Technology Inc.(US)
- Cygnus Instruments Ltd. (UK)
- NDT Global GmbH(Germany)
- LynX Inspection(Canada)
The Non-Destructive Testing and Inspection Market is estimated to grow from USD 8.3 Billion in 2018 to USD 12.6 Billion by 2024; it is expected to grow at a CAGR of 7.24% from 2018 to 2024. This report spread across 214 pages, profiling 10 companies and supported with 85 tables and 47 figures is now available in this research.
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“Based on techniques, the market for the eddy-current testing (ECT) technique to witness a high CAGR during the forecast period”
The eddy-current testing technique is expected to grow rapidly during the forecast period from 2018to 2024. This technique is used to measure or identify the surface and alloy content, subsurface cracks and seams, conductivity, heat treatment variations, crack depth, coating thickness, and permeability. It is widely used in the aerospace and manufacturing verticals, as well as in service environments that inspect safety or quality-related issues. The eddy-current testing approach is used to check surface-breaking cracks on metals and inspect discontinuities in metal tubes.
“Training services to grow at the highest CAGR during the forecast period”
Training services are likely to continue to gain the second-largest market share in the coming years since training NDT technicians to keep them updated with new technological trends and make them aware of changing demands of the customers is equally essential. The market for training services is expected to grow at the highest CAGR during the forecast period.