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Non Destructive Test Equipment Market Trends, Dynamics & Market Insights


The Nondestructive Test Equipment Market is projected to grow from USD 3.2 billion in 2020 to USD 5.2 billion by 2026 at a CAGR of around 8.6% during the forecast period. – PowerPoint PPT presentation

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Title: Non Destructive Test Equipment Market Trends, Dynamics & Market Insights

Presents a Research Report on
Non Destructive Test Equipment
The report on the Nondestructive Test Equipment
Market is segmented By Method (Ultrasonic, Eddy
Current, Electromagnetic, Radiography,
Thermography, Other), Technique (Volumetric
Examination, Surface Examination,
Others), Application (Manufacturing,
Petrochemical, Aerospace, Automotive, Power
Generation, Others), and Region - COVID-19 Impact
Analysis and Forecast to 2026.
Market Reports
Advisory Consulting
Sourcing Intelligence
The Non Destructive Test Equipment Market
Highlights Drivers
  • The Nondestructive Test Equipment Market is
    projected to grow from USD 3.2 billion in 2020
    to USD 5.2 billion by 2026 at a CAGR of around
    8.6 during the forecast period.
  • Non-destructive testing (NDT) is a testing and
    analysis technique that is used by industries to
    evaluate the properties of a component, material,
    structure, or system for characteristic
    differences or welding defects and
    discontinuities without causing damage to the
    original part. Some of the commonly used testing
    methods are ultrasonic, eddy current,
    electromagnetic, and radiography among others.
  • Market Insight
  • By Application Type
  • By application, the nondestructive test equipment
    market has been bifurcated into manufacturing,
    petrochemical, aerospace, automotive, power
    generation, and others. 
  • The manufacturing segment accounted for the
    largest market share in 2020 and is projected to
    register significant growth during the review

Market Insight Competitive Insights
  • By Region
  • By region, the North American market accounted
    for the largest market share in 2020 and is
    projected to grow at a robust CAGR during the
    review period. This can be attributed to the high
    product adoption rate in the end-use industries
    coupled with the presence of key market players
    such as Centurion NDT, Inc. (US) and Zetec Inc.
  • The market growth in Asia-Pacific is expected to
    be driven by expanding industrialization in
    developing countries particularly China and
  • Key Players
  • Centurion NDT, Inc. (US),
  • Zetec Inc. (US), FLIR Systems, Inc. (US),
  • Extech Instruments Corp. (US),
  • Olympus Corporation (US),
  • GE Measurement Control (US),
  • Everest VIT Inc. (US)
  • Gould-Bass Company, Inc. (US)
  • Hamamatsu Photonics K.K. (Japan)
  • Insight NDT Equipment Ltd. (UK)
  • ibg NDT Systems Corporation (US)
  • KARL DEUTSCH Pruef- und Messgeraetebau GmbH Co
    KG (Germany)

Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
  • Annual Reports / Fact Book
  • Company Websites
  • Magazines / Publications
  • Press Releases Journals
  • Industry News
  • Association Articles
  • Government Documents
  • Social Media
  • Others
  • Robust database across value chain
  • In-house industry veterans as advisors
  • Project based subject matter experts
  • Industry Players
  • Industry Experts
  • Suppliers
  • Customers
  • Associations
  • Government Institutions
  • Others

Report Features
  • This report provides market intelligence in the
    most comprehensive way. The report structure has
    been kept such that it offers maximum business
    value. It provides critical insights on the
    market dynamics and will enable strategic
    decision making for the existing market players
    as well as those willing to enter the market. The
    following are the key features of the report
  • Market structure Overview, industry life cycle
    analysis, supply chain analysis.
  • Market environment analysis Growth drivers and
    constraints, Porters five forces analysis, SWOT
  • Market trend and forecast analysis.
  • Market segment trend and forecast.
  • Competitive landscape and dynamics Market share,
    product portfolio, product launches, etc.
  • Attractive market segments and associated growth
  • Emerging trends.
  • Strategic growth opportunities for the existing
    and new players.
  • Key success factors.

About Stratview Research
Stratview Research is a global market
intelligence firm providing high quality
syndicated reports, custom research and
consulting services.
Our Services
Why Us?
High Customer Delight
Rich Industry Experience
Robust Methodology
Effective Business Decisions
Contact Us for More Information and Sample Pages
Ask for Sample Pages here https//www.stratviewr
t-Equipment-Market.htmlform Email us
at Call
Us 1-313-307-4176
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