non destructive testing methods and applications

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non destructive testing methods and applications
Report-Forecast 2023
Non-Destructive Testing Services Market Forecast
2023
P a g e 1 Copyright 2017
Market Research Future.
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Non-Destructive Testing Services Market Forecast
2023
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Non-Destructive Testing Services Market Forecast
2023 Summary Non-destructive testing services
market is estimated to exhibit high growth
potential during the forecast period owing to
the high demand across industry verticals. Rising
demand among the end-use industries for
non-destructive testing services drives the
growth of the market. Additionally, innovation
and advancement in technology and increasing
market for non-destructive testing services is
adding fuel to the growth of the non-destructive
testing services market. The non destructive
testing methods and applications is segmented by
type, technique, application and vertical. The
vertical segment is further classified into
aerospace defense, automotive, oil gas,
infrastructure, and power. The aerospace
defense sub-segment is expected to hold the
largest market share of the overall non-
destructive testing services market during the
forecast period. This is owing to the increasing
demand for non-destructive testing services
market in the aerospace and defense sector.
These non-destructive testing services help in
ensuring safety during the production of complex
aircraft accessories. However, the high costs of
advanced non-destructive testing equipment and
technical complexities involved in
implementation of non-destructive testing are the
major factors that could hinder the growth of
non destructive testing methods and applications.
other factors such as the lack of awareness and
skilled personnel may also hamper the market
growth.
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Non-Destructive Testing Services Market Forecast
2023 Major Key Players Some of the prominent
players in the non destructive testing methods
and applications are MISTRAS Group, Inc. (U.S.),
Olympus Corporation (Japan), GE Inspection
Technologies (U.S.), Intertek Group PLC (U.K.),
SGS S.A. (Switzerland), Olympus Corporation
(Japan), Nikon Metrology, Inc. (U.S.), Ashtead
Technology, Inc. (U.S.), Sonatest Ltd. (U.K),
Bosello High Technology S.R.L. (Italy), and
Fujifilm Holdings Corporation (Japan).
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Non-Destructive Testing Services Market Forecast
2023
Segmentation The non destructive testing methods
and applications is segmented by type,
technique, application and vertical. By product,
the market is segmented into traditional non-
destructive testing services and advanced
non-destructive testing services. By type, the
market is segmented into ultrasonic testing
services, radiography testing services, liquid
penetrant testing services, magnetic particle
testing services, eddy-current testing
services, and visual inspection services.
By application, the market is segmented
into flaw detection, leak detection, dimensional
measurement, estimation of physical properties,
chemical composition determination, and stress
structure analysis. Whereas, based on vertical,
the market is segmented into aerospace
defense, automotive, oil gas, infrastructure,
and power.
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Non-Destructive Testing Services Market Forecast
2023 Regional Analysis The non destructive
testing methods and applications is studied in
Asia Pacific, North America, Europe, and Rest of
the World. It has been observed that North
America is estimated to account for the largest
market share, whereas Asia Pacific is projected
to grow at the fastest rate during the forecast
period. The growth of North America market is
attributed to technological advancements and the
increased adoption of non-destructive testing
service applications across industry verticals.