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Analysis of the Emerging and Nontraditional Nondestructive Testing Equipment Market

  • May 2014
  • 38 pages
  • Frost & Sullivan
Report ID: 2132534

Summary

Table of Contents

Laser NDT, Guided Wave Testing, and Advanced Eddy Current Testing are the Industry's Future

The global emerging and nontraditional nondestructive testing (NDT) equipment market has been broken down into 3 technology segments; laser-based NDT, guided wave testing, and advanced eddy current testing. This market insight provides an overview of the current trends affecting these market segments, the size of each segment, its potential, and its competitive environment. Definitions and brief histories, drivers and restraints, and market engineering measurements are provided for each technology.

Introduction
The nondestructive testing (NDT) industry is characterized by a slow rate of technological
change. Industry research has found that it takes a technology to years after its
invention to become a commercial success. Some technologies may take less time,
depending on their criticality and need.

A number of factors inhibit adoption of new NDT technologies, such as an inherent
conservative nature of the end users, an unwillingness to shift from a tried and tested
technology, and the need to comply with standards and codes. The key among these is the
need to comply with standards and codes. Research indicates that new technologies often
offer significant cost savings and benefits regarding reliability of inspection, but the lack of a
standard or code prevents large-scale adoption.

Frost & Sullivan’s research in the emerging and nontraditional NDT equipment market has
found that this trend is changing, with newer technologies being accepted at a faster pace.
This is apparent with the adoption of guided wave testing. The first patent for NDT
applications was granted in 1994, and the technology gained wide-scale adoption in 2006.
Considering an industry average of to years, this was extremely fast. Research also
shows that other new technologies in their early adoption phase are expected to reach the
early majority phase over the next years.

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