Global NDT Inspection Services Market By Based on Method (Visual Inspection, Surface Inspection, Volumetric Inspection), By Based on Service (Inspection Services, Equipment Rental Services, Calibration Services), By Application (Oil & Gas, Aerospace & Defense, Power and Energy,Construction) By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032
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Introduction
NDT stands for Non-Destructive Testing and is also known as Non-Destructive Examination or Evaluation (NDE) and Non-Destructive Inspection (NDI). It refers to a set of inspection techniques that allow inspectors to assess and collect data about a material, system, or component without causing irreversible damage.
In this field, NDT is regularly utilized as an umbrella term to allude to non-ruinous investigation strategies, examination devices, or even the entire field of non-damaging assessments.
While NDT methods are most commonly associated with industrial applications, such as examining weak areas in boilers used in an oil refinery, they are also employed in the healthcare sector. For example, an expecting mother obtaining an ultrasound to check on her baby's health and an X-ray or MRI to learn more about physical damage would be considered NDT use cases.
Detailed Segmentation
The global NDT inspection services market is segmented based on - Method, Service, End-Use, and Region. Represented below is a detailed segmental description:
Based on Method:
- Visual Inspection
- Surface Inspection
- Volumetric Inspection
- Other Methods
Based on Service:
- Inspection Services
- Equipment Rental Services
- Calibration Services
- Training Services
Based on End-Use:
- Oil & Gas
- Aerospace & Defense
- Power and Energy
- Construction
- Automotive & Transportation
- Other End-Uses
Based on Region
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Market Dynamics
Drivers for the Global NDT Inspection Services Market:
With the rise of automation in both industrial production and infrastructure sectors, as well as the desire for minimal breakdown and downtime across industries. The demand for fault detection related to cracks, porosity, manufacturing disorders, and other issues has skyrocketed. As a result, adherence to industrial safety standards is a key element for the significant growth of the NDT market.
Furthermore, various federal institutions and regional groups, such as the American Society of Mechanical Engineers (ASME) and the International Organization for Standardization (ISO), have been established worldwide to ensure instrument safety and monitor engineering service testing. This is necessary to obtain approvals and certificates from concerned authorities, thereby positively impacting the NDT market.Additionally, surging equipment prices have increased the number of firms that outsource inspection activities to third-party service providers with the necessary aptitude and expertise, boosting the market for NDT services.
Restraints for the Global NDT Inspection Services Market:
NDT training services are governed by ISO and ASNT standards, which specify the skill set that NDT inspectors must possess. However, there is a scarcity of educators, which has become an area of concern for training institutes.
On the other hand, the COVID-19 outbreak is projected to have a negative influence on the NDT Services market as it necessitates the deployment of workers onsite. Furthermore, the aerospace sector, one of the primary end-user segments, has been severely impacted globally. Once this pandemic has been brought under control, this market is projected to employ drones for NDT Testing Services in crucial industries such as Oil & Gas, etc.
Competitive Landscape
Key players in this market include -
- General Electric
- Mistras Group
- Olympus Corporation
- Ashtead Technology
- Nikon Metrology
- Magnaflux Corporation
- Zetec Inc.
- Eddyfi Technologies
- YXLON International GmbH
- Sonatest Ltd.
- Acuren Inspection Inc.
- Cygnus Instruments Ltd.
These key players have focused on mergers, partnerships, acquisitions, product developments, and collaboration strategies to sustain their competitive edge.
Key developments
2019:
In July 2019, Sintavia obtained a US-based NDT administration organization, QC Laboratories. Sintavia expanded its metal 3D printer introduce base to 20, having as of late moved into another high-level assembling office, chiefly to convey metal parts for the aviation and other safeguard ventures.October 2019 - Olympus Corporation presented its most recent series of OmniScan instruments that are perceived worldwide as the benchmark for convenient staged cluster ultrasonic testing (PAUT) inferable from their force, dependability, and convenience.
For the NDT Inspection Services Market research study, the following years have been considered to estimate the market size:
Particular Scope Region - North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Historic Year 2016 to 2020 Estimated Year 2022 Forecast Year 2023 to 2032 - account_circleAbout Me
- 76955
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US $6,000US $3,999
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US $8,000US $5,999
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US $10,000US $6,999
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US $6,000US $3,999
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US $8,000US $5,999
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US $10,000US $6,999
- General Electric
- Mistras Group
- Olympus Corporation
- Ashtead Technology
- Nikon Metrology
- Magnaflux Corporation
- Zetec Inc.
- Eddyfi Technologies
- YXLON International GmbH
- Sonatest Ltd.
- Acuren Inspection Inc.
- Cygnus Instruments Ltd.