1. Market Research
  2. > Manufacturing
  3. > Industrial Equipment Market Trends
  4. > Non-Destructive Testing Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2021

Non-destructive testing equipment are utilized in order to evaluate or inspect the materials, assemblies or components for discontinuities in their characteristics without affecting the serviceability of the part or system. The non-destructive testing equipment are used to determine the physical properties of materials such as ultimate tensile strength, ductility, impact resistance, fatigue strength and fracture toughness. In addition, non-destructive testing equipment also lowers the cost of production and sustains a uniform quality level. Furthermore, stringent government safety regulations for quality control, safety and reliable performance of the machines, and increasing demand to improve quality and longevity of the machines are the major factors that are driving the non-destructive testing equipment market globally.

Among all the end use industry segments, power generation industry holds the largest market share at present in the non-destructive testing equipment market. The main factors driving this growth of the power generation industry are increasing number of nuclear power plants and the subsequent increasing demand for machines used in power generation plants. In 2014, oil and gas industry was the second largest end use industry in the non-destructive testing equipment market globally. Non-destructive testing equipment are utilized in oil and gas operations on the critical assets such as tanks, vessels, heat exchangers and condensers, piping and rotating equipments to identify potential damage mechanisms. The increasing number of failures of oil and gas equipment and tools, especially of pipes are spurring the need of non-destructive testing equipment in this industry.

This market research study analyzes the non-destructive testing equipment market on a global level, and provides estimates in terms of revenue (USD billion) from 2015 to 2021. The report identifies the drivers and restraints affecting the industry and analyzes their impact over the forecast period. Moreover, it identifies the significant opportunities for market growth in the coming years.

The report segments the market on the basis of geography as North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW), and these have been estimated in terms of revenue (USD billion). Furthermore, the report segments the market based on technology as ultrasonic testing, radiography testing, electromagnetic testing, visual testing and others (including magnetic particle testing and liquid penetrant testing). In addition, the market is segmented on the basis of end use industry which includes power generation, oil & gas, aerospace and defense , automotive and others (including plastic and polymer, and medical). All these segments have also been estimated on the basis of geography in terms of revenue (USD billion).

North America represents the largest market share of the non-destructive testing equipment market. In 2014, North America accounted for largest revenue share in the global non-destructive testing equipment market. Large investments in energy verticals such as oil and gas are chiefly driving the market growth in North America. Europe holds the second largest market share in the non-destructive testing equipment market followed by Asia Pacific and RoW respectively.

For better understanding of the non-destructive testing equipment market, the study also includes competitive landscape and market attractiveness analysis, wherein applications are benchmarked based on their market scope, growth rate, and market attractiveness.

The report provides company market share analysis of various industry participants. The key players have also been profiled on the basis of company details, product type, financial overview, historical roadmap, business strategies and the recent developments in the field of non-destructive testing equipment market. Major market participants in the non-destructive testing equipment market include Olympus Corporation (Japan), Magnaflux Corporation (United States), YXLON International GmbH (Germany), Nikon Metrology NV (Belgium), Mistras Group Inc. (United States), Zetec Inc. (United States), Eddyfi NDT Inc. (Canada), Sonatest Ltd. (United Kingdom) and GE Measurement & Control Solutions (United States).
?
The non-destructive testing equipment market is segmented as below:

Global non-destructive testing equipment market: by Technology
Ultrasonic Testing (UT)
Radiography Testing (RT)
Electromagnetic Testing (ET)
Visual Testing (VT)
Other
Global non-destructive testing equipment market: by End Use Industry
Power Generation
Oil & Gas
Aerospace and Defense
Automotive
Others
Global non-destructive testing equipment market: by Geography
North America
U.S.
Rest of North America
Europe
United Kingdom
Germany
France
Italy
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Rest of the World (ROW)
South America
Middle East
Africa

Table Of Contents

Non-Destructive Testing Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021
Chapter 1 Preface
1.1 Report description
1.2 Research scope
1.3 Research methodology

Chapter 2 Executive Summary

Chapter 3 Market Overview
3.1 Introduction
3.2 Key Trend Analysis
3.3 Market Dynamics
3.3.1 Market drivers
3.3.1.1 Stringent government safety regulations for quality control
3.3.1.2 Ensure safety and reliable performance of the machines
3.3.1.3 Increasing demand to improve quality and longevity of the machines
3.3.2 Market Restraints
3.3.2.1 Lack of skilled technicians
3.3.3 Market opportunities
3.3.3.1 Increasing demand for advanced NDT technologies
3.4 Global non-destructive testing equipment market: Market attractiveness analysis
3.5 Global non-destructive testing equipment market: Company market share analysis

Chapter 4 Global Non-Destructive Testing Equipment Market Analysis, by Technology
4.1 Introduction
4.2 Ultrasonic Testing (UT)
4.2.1 Global ultrasonic testing market size and forecast, 2014 - 2021 (USD billion)
4.3 Radiography Testing (RT)
4.3.1 Global radiography testing market size and forecast, 2014 - 2021 (USD billion)
4.4 Electromagnetic Testing (ET)
4.4.1 Global electromagnetic testing market size and forecast, 2014 - 2021 (USD billion)
4.5 Visual Testing (VT)
4.5.1 Global visual testing market size and forecast, 2014 - 2021 (USD billion)
4.6 Others
4.6.1 Global others testing market size and forecast, 2014 - 2021 (USD billion)

Chapter 5 Global Non-Destructive Testing Equipment Market, by End Use Industry
5.1 Introduction
5.2 Power Generation
5.2.1 Global power generation market size and forecast, 2014 - 2021 (USD billion)
5.3 Oil and Gas
5.3.1 Global oil and gas market size and forecast, 2014 - 2021 (USD billion)
5.4 Aerospace and Defense
5.4.1 Global aerospace and defense market size and forecast, 2014 - 2021 (USD billion)
5.5 Automotive
5.5.1 Global automotive market size and forecast, 2014 - 2021 (USD billion)
5.6 Others
5.6.1 Global others market size and forecast, 2014 - 2021 (USD billion)

Chapter 6 Global Non-Destructive Testing Equipment Market Analysis, by Geography
6.1 Introduction
6.2 North America
6.2.1 North America non-destructive testing equipment market size and forecast, 2014 - 2021 (USD billion)
6.2.2 North America non-destructive testing equipment market revenue and forecast, by country, 2014 - 2021 (USD billion)
6.2.3 North America non-destructive testing equipment market size and forecast, by technology, 2014 - 2021 (USD billion)
6.2.4 North America non-destructive testing equipment market size and forecast, by end use industry, 2014 - 2021 (USD billion)
6.3 Europe
6.3.1 Europe non-destructive testing equipment market size and forecast, 2014 - 2021 (USD billion)
6.3.2 Europe non-destructive testing equipment market revenue and forecast, by country, 2014 - 2021 (USD billion)
6.3.3 Europe non-destructive testing equipment market size and forecast, by technology, 2014 - 2021 (USD billion)
6.3.4 Europe non-destructive testing equipment market size and forecast, by end use industry, 2014 - 2021 (USD billion)
6.4 Asia Pacific
6.4.1 Asia Pacific non-destructive testing equipment market size and forecast, 2014 - 2021 (USD billion)
6.4.2 Asia Pacific non-destructive testing equipment market revenue and forecast, by country, 2014 - 2021 (USD billion)
6.4.3 Asia Pacific non-destructive testing equipment market size and forecast, by technology, 2014 - 2021 (USD billion)
6.4.4 Asia Pacific non-destructive testing equipment market size and forecast, by end use industry, 2014 - 2021 (USD billion)
6.5 Rest of the World (RoW)
6.5.1 RoW non-destructive testing equipment market size and forecast, 2014 - 2021 (USD billion)
6.5.2 RoW non-destructive testing equipment market revenue and forecast, by country, 2014 - 2021 (USD billion)
6.5.3 RoW non-destructive testing equipment market size and forecast, by technology, 2014 - 2021 (USD billion)
6.5.4 RoW non-destructive testing equipment market size and forecast, by end use industry, 2014 - 2021 (USD billion)

Chapter 7 Company Profiles
7.1 Olympus Corporation
7.2 Magnaflux Corporation
7.3 YXLON International GmbH
7.4 Nikon Metrology NV
7.5 Mistras Group Inc.
7.6 Zetec Inc.
7.7 Eddyfi NDT Inc.
7.8 GE Measurement and Control Solutions
7.9 Sonatest Ltd.
List of Figures

FIG. 1 Market segmentation: Global non-destructive testing equipment market
FIG. 2 Market attractiveness analysis, by end use industry, 2014
FIG. 3 Market share by key non-destructive testing equipment vendors, 2014 (Value %)
FIG. 4 Global non-destructive testing equipment market share (%), by technology, 2014 Vs. 2021
FIG. 5 Global ultrasonic testing market size and forecast, 2014 - 2021 (USD billion)
FIG. 6 Global radiography testing market size and forecast, 2014 - 2021 (USD billion)
FIG. 7 Global electromagnetic testing market size and forecast, 2014 - 2021 (USD billion)
FIG. 8 Global visual testing market size and forecast, 2014 - 2021 (USD billion)
FIG. 9 Global others testing market size and forecast, 2014 - 2021 (USD billion)
FIG. 10 Global non-destructive testing equipment market share (%), by end use industry, 2014 Vs. 2021
FIG. 11 Global power generation market size and forecast, 2014 - 2021 (USD billion)
FIG. 12 Global oil and gas market size and forecast, 2014 - 2021 (USD billion)
FIG. 13 Global aerospace and defense market size and forecast, 2014 - 2021 (USD billion)
FIG. 14 Global automotive market size and forecast, 2014 - 2021 (USD billion)
FIG. 15 Global others market size and forecast, 2014 - 2021 (USD billion)
FIG. 16 Global non-destructive testing equipment market share (%) by geography, 2014 Vs. 2021
FIG. 17 North America non-destructive testing equipment market size and forecast, 2014 - 2021 (USD billion)
FIG. 18 Europe non-destructive testing equipment market size and forecast, 2014 - 2021 (USD billion)
FIG. 19 Asia Pacific non-destructive testing equipment market size and forecast, 2014 - 2021 (USD billion)
FIG. 20 RoW non-destructive testing equipment market size and forecast, 2014 - 2021 (USD billion)
List of Tables

TABLE 1 Global non-destructive testing equipment market - Snapshot (2014 and 2021)
TABLE 2 Drivers: Impact analysis
TABLE 3 Restraints: Impact analysis
TABLE 4 North America non-destructive testing equipment market revenue and forecast, by country, 2014 - 2021 (USD billion)
TABLE 5 North America non-destructive testing equipment market size and forecast, by technology, 2014 - 2021 (USD billion)
TABLE 6 North America non-destructive testing equipment market size and forecast, by end use industry, 2014 - 2021 (USD billion)
TABLE 7 Europe non-destructive testing equipment market revenue and forecast, by country, 2014 - 2021 (USD billion)
TABLE 8 Europe non-destructive testing equipment market size and forecast, by technology, 2014 - 2021 (USD billion)
TABLE 9 Europe non-destructive testing equipment market size and forecast, by end use industry, 2014 - 2021 (USD billion)
TABLE 10 Asia Pacific non-destructive testing equipment market revenue and forecast, by country, 2014 - 2021 (USD billion)
TABLE 11 Asia Pacific non-destructive testing equipment market size and forecast, by technology, 2014 - 2021 (USD billion)
TABLE 12 Asia Pacific non-destructive testing equipment market size and forecast, by end use industry, 2014 - 2021 (USD billion)
TABLE 13 RoW non-destructive testing equipment market revenue and forecast, by country, 2014 - 2021 (USD billion)
TABLE 14 RoW non-destructive testing equipment market size and forecast, by technology, 2014 - 2021 (USD billion)
TABLE 15 RoW non-destructive testing equipment market size and forecast, by end use industry, 2014 - 2021 (USD billion)

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
NDT Services Market by Testing Technique, Type, Vertical, & Geography - Global Forecast to 2022

NDT Services Market by Testing Technique, Type, Vertical, & Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • August 2016
  • by MarketsandMarkets

The NDT services market is expected to reach USD 8.55 billion by 2022, at a CAGR of 8.52% between 2016 and 2022. The major factors driving this market include the outsourcing of NDT services to third party ...

Bottled Water Testing Equipment Market by Technology, Component, Test Type, and Region - Global Forecast to 2021

Bottled Water Testing Equipment Market by Technology, Component, Test Type, and Region - Global Forecast to 2021

  • $ 5650
  • Industry report
  • September 2016
  • by MarketsandMarkets

“Bottled water testing equipment market projected to grow at a CAGR of 5.3%” The bottled water testing equipments market is projected to reach USD 6.46 billion by 2021 at a CAGR of 5.3% from 2016 to ...

Global Market Study on Alcohol Breathalyzer and Drug Testing Equipment: Increasing Demand for Personal Portable Alcohol Breathalyzer to Drive the Market During the Forecast Period, Persistence Market Research

Global Market Study on Alcohol Breathalyzer and Drug Testing Equipment: Increasing Demand for Personal Portable Alcohol Breathalyzer to Drive the Market During the Forecast Period, Persistence Market Research

  • $ 4900
  • Industry report
  • August 2016
  • by Persistence Market Research

This report by Persistence Market Research (PMR) examines the ‘Alcohol Breathalyzer and Drug Testing Equipment Market for the period of 2015 - 2021. The primary objective of the report is to offer updates ...


ref:plp2015

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.