1. Home
  2. > Manufacturing
  3. > Industrial Equipment Market Trends
NDT and Inspection Market with COVID-19 Impact by Technique, Method, Service, Vertical And Region - Global Forecast to 2025

NDT and Inspection Market with COVID-19 Impact by Technique, Method, Service, Vertical And Region - Global Forecast to 2025

  • November 2020
  • 227 pages
  • ID: 5061077
  • Format: PDF
  • MarketsandMarkets


Table of Contents

Search Inside

The global NDT and inspection market size is estimated to grow from USD 8.4 billion in 2020 to USD 11.7 billion by 2025, at a CAGR of 7.0%. Stringent government regulations regarding public safety & product quality and continuous advances in electronics, automation, and robotics are a few major factors driving the NDT and inspection market growth. The high adoption of IoT devices and the rising need to assess the health of aging assets are the other factors that propel the development of the NDT and inspection market.

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 multiply during the forecast period from 2020 to 2025.This technique is used to measure or identify the surface and alloy content, subsurface cracks & seams, conductivity, heat treatment variations, crack depth, coating thickness, and permeability.

It is used widely in the aerospace and manufacturing verticals and 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 the customers’ changing demands is equally essential. The market for training services is expected to grow at the highest CAGR during the forecast period.

APAC to be the fastest-growing market for non-destructive testing and inspection activities
Asia Pacific is likely to be the fastest-growing region in the NDT and inspection market due to the rapid infrastructural development and automation adoption in manufacturing industries in countries such as India and China.The Make in India campaign promotion by the government and the development in the Smart Cities project provide lucrative opportunities for the players in the NDT and inspection market in India.

The market in India is expected to grow at the highest CAGR during the forecast period.
In-depth interviews have been conducted with C-level executives, managers, and other executives from various key organizations operating in the NDT and inspection market.

Break-up of profiles of primary participants for the report is given below:
• By Company Type: Tier 1 – 26%, Tier 2 – 32%, and Tier 3 – 42%
• By Designation: C-Level Executives –52%, Directors – 23%, and Managers – 25%
• By Region: North America - 44%, Europe – 29%, APAC – 23%, and RoW – 4%

Major players in the NDT and inspection market are as follows:
• General Electric (US)
• Olympus Corporation (Japan)
• MISTRAS Group (US)
• Nikon Metrology (Belgium)
• Ashtead Technology (Scotland)
• SGS S.A (US)
• Magnaflux (US)
• Zetec, Inc. (US)
• Eddyfi (Canada)
• YXLON International (Germany)
• Sonatest (UK)
• T.D. Williamson Inc. (US)
• Bosello High Technology srl (Italy)
• Fischer Technology Inc. (US)
• Cygnus Instruments Ltd. (UK)
• NDT Global GmbH (Germany)
• Acuren (US)
• LynX Inspection (Canada).

Research Coverage:
The report defines, describes, and forecasts the NDT and inspection market based on technique, method, service, vertical, and geography. It also analyzes competitive developments such as product launches and developments, agreements, partnerships, collaborations, mergers and acquisitions, and expansions carried out by key players to grow in the market.

Key Benefits of Buying the Report
1. This report segments the NDT and Inspection market comprehensively and provides the closest approximations of the overall market size and subsegments across different applications and regions.
2. The report would help stakeholders understand the market’s pulse and provide them with information on key drivers, restraints, challenges, and opportunities.
3. This report would help stakeholders understand their competitors better and gain more insights to enhance their market position. The competitive landscape section includes competitor ecosystem, product launches and developments, partnerships, and mergers and acquisitions carried out in the market in the recent past.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Terahertz Technology Market by Type, Application And Geography

  • $ 4950 - $ 4208 - Get 15% off now!
  • May 2022
  • 237 pages

The global terahertz technology market was valued at USD 0.6 billion in 2022 and is projected to reach USD 1.2 billion by 2027, registering a CAGR of 14.7% during the forecast period. The rise in demand ...

  • World
  • APAC
  • Specialty Hospital
  • Testing Equipment
  • Industry analysis
  • Manufacturing Output
  • Disposable Income


Reportlinker.com © Copyright 2022. All rights reserved.

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

Make sure you don’t miss any news and follow us on