‘Non-Destructive Testing Market Worth $6,809m In 2016’ Says Visiongain Report

30 August 2016
Packaging

Visiongain’s new report Non-Destructive Testing (NDT) Market 2016-2026: Forecasts by End-User (Aerospace & Defence, Automotive, Infrastructure, Oil & Gas, Power Generation, Others) by Technique (Condition Monitoring, Integrity Examination, Surface Examination, Volumetric Examination, Others) by Testing Method (Eddy-Current, Liquid Penetrant, Magnetic Particle, Ultrasonic, Radiography, Visual Inspection, Others) that the global Non-Destructive Testing market will see $6,809.2m in spending in 2016.

Use of NDT techniques is now considered as a mandate in almost every operation across industries due to the fact that these industries follow the zero-defect trend, mainly in the process of manufacturing components on a global scale. The end-user market has become performance sensitive to a level where companies cannot afford to compensate the consequences of any minute error, which can turn into a huge accident or an unwanted event. In addition, the increased automation and usage of robotics by various industries has driven the demand for NDT techniques worldwide. Sectors such as power generation, oil & gas, and aerospace are major areas where customers are demanding NDT techniques. Moreover, growth in both the industries and economies of developing countries has increased the demand for non-destructive testing in all verticals.

The 275 page report contains 310 tables, charts and graphs that add visual analysis in order to explain developing trends within the Non-Destructive Testing market. Visiongain provides spending forecasts for the period 2016-2026 for the 3 leading sets of submarkets. These submarkets, which are End-Users, Testing Methods, and Testing Techniques, are themselves divided into the following respective segments: (End-Users) Oil & Gas Industry, Power Generation, Aerospace & Defence, Automotive, Infrastructure, Others, (Testing Method) Visual Inspection, Magnetic Particle Testing, Liquid Penetrant Testing, Ultrasonic Testing, Radiography Testing, Eddy-Current Testing, Others, and (Testing Technique) Surface Examination Technique, Volumetric Examination Technique, Condition Monitoring Technique, Integrity Examination Technique, Others. As well as this, each national market is further segmented with individual forecasts by end-user and also testing method.

The report offers market forecasts for 12 leading national markets and a general forecast for the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering 10 companies leading the field in Non-Destructive Testing.

The Non-Destructive Testing (NDT) Market 2016-2026: Forecasts by End-User (Aerospace & Defence, Automotive, Infrastructure, Oil & Gas, Power Generation, Others) by Technique (Condition Monitoring, Integrity Examination, Surface Examination, Volumetric Examination, Others) by Testing Method (Eddy-Current, Liquid Penetrant, Magnetic Particle, Ultrasonic, Radiography, Visual Inspection, Others) report will be of value to anyone who wants to better understand the Non-Destructive Testing market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the Non-Destructive Testing industry.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to-business conferences, newsletters, management reports and e-zines focusing on the automotive, chemical, cyber, defence, energy, pharmaceutical, materials and telecoms sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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