Portland, OR -- (SBWire) -- 07/31/2017 --Nondestructive testing is the quality control technique to evaluate the properties of parts, materials, and products without causing damage. Nondestructive testing is an extensively used technique for ensuring the safety and reliability of products/materials being used without destroying them. It provides an exceptional stability between quality control and cost effectiveness.
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Based on testing method, the market is segmented into ultrasonic testing, visual inspection technique, eddy-current testing, radiography technique, magnetic particle & electromagnetic testing, liquid penetrant testing, and others. Based on technique the market is segmented into volumetric examination, surface examination, and others. By industry vertical, the market is segmented into energy & power, oil & gas, automotive & transportation, aerospace & defense, infrastructure, and others. Geographical breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
Market Dynamics:
Drivers:
- Rise in need for extending the life of obsolete infrastructure.
- Increasing in government regulations for safety
Restraints:
- High cost of automated NDT equipment
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Market Players:
The top players in the global non-destructive testing market includes Intertek Group Plc, Ashtead Technology, Inc, Sonatest, Mistras Group, Inc., Olympus Corporation, SGS SA, YXLON International GmbH, Magnaflux Corporation, General Electric, and Zetec, Inc.
Key point from table of content
1. Executive summary
1.1. Key findings
1.2. Market attractiveness and trend analysis
1.3. Competitive landscape and recent industry development analysis
2. Introduction
2.1. Report description
2.2. Scope and definitions
2.3. Research methodology
3. Market landscape
3.1. Growth drivers
3.1.1. Impact analysis
3.2. Restraints and challenges
3.2.1. Impact analysis
3.3. Porter's analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global non-destructive testing market shares analysis, 2014-2025
3.4.1. Global non-destructive testing market shares by testing, 2014-2025
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MARKET LANDSCAPE
By Testing:
- Ultrasonic testing
- visual inspection technique
- Eddy-current testing
- Radiography technique
- Magnetic particle testing
- Electromagnetic testing
- Liquid penetrant testing
- Others
By Industry Vertical
- Energy & power
- Oil and gas
- Automotive
- Transportation
- Aerospace and defense
- Infrastructure
- Others
By Technique
- Volumetric examination
- Surface examination
- Others
By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Non-Destructive Testing Market Research Report 2017 - Global Share, NDT Methods Analysis and Forecast 2025
Non-Destructive Testing Market Research in Industry