Non-destructive Testing and Inspection Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION
Nondestructive testing (NDT) makes use of electromagnetic radiation, sound, and other signal conversions to examine a wide variety of articles (metallic and non-metallic, food-product, artifacts, and antiquities, infrastructure) for integrity, composition, or condition with no alteration of the material undergoing examination. It is commonly used in forensic engineering, mechanical engineering, petroleum engineering, electrical engineering, civil engineering, systems engineering, aeronautical engineering, medicine, and art.

MARKET DYNAMICS
The non-destructive testing and inspection market is heavily influenced by driving factors such as technological advancements in non-destructive testing and rapid industrialization and urbanization. However the lack of skilled workforce and increasing complexity of NDT processes is impacting negatively on the growth of this market in the current market scenario.

MARKET SCOPE
The "global non-destructive testing and inspection market analysis to 2031" is a specialized and in-depth study of the electronics and semiconductors industry with a special focus on the global non-destructive testing and inspection market trend analysis. The report aims to provide an overview of the non-destructive testing and inspection market with detailed market segmentation by type, by testing technology and by end user. The global non-destructive testing and inspection market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading non-destructive testing and inspection market players and offers key trends and opportunities in the non-destructive testing and inspection market.

MARKET SEGMENTATION
The global non-destructive testing and inspection market is segmented on the basis of by type, by testing technology and by end user. Based on type the market is segmented as equipment and services. On the basis of testing technology the market is segmented as radiography, ultrasonic, magnetic particle, liquid penetrant, visual inspection and eddy current. On the basis of the end user the market is segmented as oil and gas, aerospace and defence, automotive and transportation, power and energy and construction.

REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global non-destructive testing and inspection market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The non-destructive testing and inspection market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting non-destructive testing and inspection market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Non-destructive testing and inspection market in these regions.

Non-destructive Testing and Inspection Market Report Analysis

MARKET PLAYERS
The reports cover key developments in the non-destructive testing and inspection market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from non-destructive testing and inspection market are anticipated to lucrative growth opportunities in the future with the rising demand for non-destructive testing and inspection in the global market. Below mentioned is the list of few companies engaged in the Non-destructive testing and inspection market.

The report also includes the profiles of key non-destructive testing and inspection companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

• Applus+
• FUJIFILM Corporation
• Intertek Group plc
• MISTRAS Group, Inc.
• Nikon Metrology NV
• Olympus Corporation
• Sonatest
• TEAM Inc.
• YXLON International
• Zetec, Inc.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Non-destructive Testing and Inspection Market Report Scope